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BNY Mellon FutureLegacy 5 Institutional Class W - Income (GBP)

Sell:106.19p Buy:106.19p Change: 0.32p (0.30%)
Prices as at 21 June 2024
Change: 0.32p (0.30%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 21 June 2024
Change: 0.32p (0.30%)
Prices as at 21 June 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Also available as accumulation units Help

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.52%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.52%
There are other unit types of this fund available:
Institutional Class W - Accumulation (GBP) (Net ongoing charge 0.52%)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.

Other Information

Unit type: Unbundled
Fund launch date: n/a
Sector: Volatility Managed
Fund size: £29 million
Number of holdings: 176
Fund type: ICVC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 12:00
Trustee: NatWest Trustee and Depositary Services Limited
Minimum investment: £100.00
Charges deducted from: n/a
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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21/06/19 to 21/06/20 21/06/20 to 21/06/21 21/06/21 to 21/06/22 21/06/22 to 21/06/23 21/06/23 to 21/06/24
Annual return n/a n/a n/a n/a 9.73%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

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Our view on this fund

The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Fund Objective

The Fund will: - invest in a portfolio of UK and international securities; - typically, in normal market conditions, maintain an exposure to equities (through physical and derivative exposure) of between 40%-80% of the Fund's net asset value which in the Investment Manager's view is consistent with its risk profile; - invest in companies and sovereign issuers that meet the Investment Manager's sustainability criteria, where environmental, social and governance ("ESG") considerations are an integral part of the criteria. The Investment Manager's sustainability criteria exclude companies that participate in certain activities and involve other general and company level ESG-related analysis of a company's activities. More information on the Investment Manager's sustainability criteria can be found in the Prospectus and on the ACD's website at www.bnymellonim.com/orl; - follow a broad 'multi-asset' portfolio approach (e.g. company shares (i.e. equities) and similar investments, bonds and similar debt investments and cash); - invest in bonds, issued by governments and companies, with high and low credit ratings (i.e. investment grade and/or sub-investment grade bonds as rated by Standard and Poor's or similar agencies); - be actively managed typically by using forward-looking expectations of volatility. The Investment Manager uses its own internal risk model, whilst also considering external independent risk profiling methodologies. Based on a risk profile scale of 1 (lowest) to 10 (highest), the Fund will be targeting a risk profile of 5, but this is not guaranteed; - This risk profile is not the same as the risk and reward category shown below. The risk profile of the Fund is currently assessed against the risk ratings scale provided by Dynamic Planner, but is subject to change at the ACD's discretion; - invest in derivatives (financial instruments whose value is derived from other assets) to help achieve the Fund's investment objective. The Fund will also use derivatives with the aim of risk or cost reduction or to generate additional capital or income; and - limit investment in other collective investment schemes (including but not limited to another sub-fund or sub-funds of the Company) to 10% of the Fund's net asset value in aggregate. The Fund may: - invest more than 35% of its net asset value in government and public securities issued or guaranteed by a single state, local authority or public international body; - invest up to 10% of its net asset value in contingent convertible securities (CoCo's); - allocate up to 8.5% of its net asset value to alternative risk premia strategies. Such strategies seek to gain exposure to risk premia (the return or reward an investor earns to bear risk) through instruments such as structured notes, derivative instruments and collective investment schemes; - invest in emerging markets; and - invest significantly in cash and cash-like investments.

Income Details

Historic yield : 2.58%
Income paid: n/a
Type of payment: Dividend
Ex-dividend date: 3 July 2024 2 October 2024 2 January 2025 3 April 2025
Payment date: 31 August 20244 30 November 20244 28 February 20254 31 May 20254

This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 31 May 2024.

Security Weight
USA Treasury Bill 0% 02/05/2024 USD100 4.33%
USA Treasury Bill 0% 18/06/2024 USD100 4.32%
Insight Dublin ILF GBP Liquidity Class 5 3.83%
USA Treasury Notes 1.125% 15/01/2025 USD100 1.68%
SANOFI 1.65%
APPLE 1.24%
Sector Weight
Bonds 33.75%
Technology Hardware & Equipment 6.74%
Pharmaceuticals & Biotechnology 6.68%
Banks 4.80%
Cash and Equiv. 4.57%
Software & Computer Services 4.32%
Non-life Insurance 4.26%
Electricity 3.29%
Media 3.26%
Medical Equipment & Services 2.90%
Country Weight
United States 45.72%
United Kingdom 7.24%
Ireland 4.71%
Cash and Equiv. 4.57%
France 4.46%
Non-Classified 3.71%
Germany 3.35%
Switzerland 2.90%
Netherlands 2.57%
Indonesia 2.30%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 21 June 2024. Data provided by Broadridge, correct as at 30 April 2024.

You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.