BNY Mellon Global Income Class U - Accumulation (GBP)
Our view on this Fund
This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. 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 »
The BNY Mellon Global Income fund aims to grow income and capital over the longer term by investing in companies from around the world. The team look to identify the driving forces behind future growth opportunities such as digitalisation and then invest in companies they believe can benefit from these dynamics. Typically, they invest more in 'value' stocks which means it could work well alongside 'growth' orientated funds and provide global diversification to an income-focused portfolio.
We like that the fund managers are incentivised in a way that aligns their interests with those of long-term investors. That said, there have been some significant fund manager departures in recent years, and we hope the current team will provide some stability for investors.