BNY Mellon Long-Term Global Equity Fund Institutional W Accumulation

A Select 50 Fund - Fidelity insight

Category Global Large-Cap Growth Equity

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

£4.0914

arrow-down£-0.042 (-1.00%)

Fund Code

BNMLA

B8K6W52

GB00B8K6W529

Prices updated as at 15 Nov 2024

Prices in GBP

Investment objective

The Sub-Fund aims to achieve capital growth over the long term (5 years or more). The Sub-Fund will invest in global equities (company shares) issued by companies worldwide, including ordinary shares, preference shares and other equity-related securities.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Our view

Why we like the fund: This is a concentrated fund investing in companies across developed market regions like the US, Europe, UK, Japan and Australasia. It is run for BNY by a firm called Walter Scott based in Edinburgh. Walter Scott is a focused business, with a single investment philosophy. It has a 'quality' bias, owning companies with reliable cashflows, strong brands and pricing power. Such companies tend to be more expensive than others, for good reason, so Walter Scott takes a very long-term view when investing to allow for the power of compounding to work in its favour. How to use the fund: This fund is a useful addition to any portfolio, and would blend especially well with a 'value' strategy such as Dodge & Cox Global Stock or Schroder Global Recovery. When investing in this fund, a long-term view (ten years or more) is needed. The fund should be viewed as part of the riskier side of a portfolio.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

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