BNY Mellon Real Return
Class U - Accumulation (GBP)
0.24p
(0.20%)
0.24p
(0.20%)
You can buy or sell holdings in this fund through
an ISA, Lifetime ISA, SIPP or Fund & Share Account
0.24p
(0.20%)
You can buy or sell holdings in this fund through
an ISA, Lifetime ISA, SIPP or Fund & Share Account
Income and accumulation units
With income units, any income is paid as cash. This can be withdrawn, reinvested or simply held on your account. With accumulation units any income is retained within the fund; the number of units remains the same but the price of each unit increases by the amount of income generated within the fund. Generally accumulation units offer a slightly more efficient way to reinvest income, although many investors will choose to hold income units and reinvest the income to buy extra units.
×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): | 0.80% i | ||||
| Ongoing saving from HL: | 0.20% i | ||||
| Net ongoing charge: | 0.60% | ||||
| There are other unit types of this fund available: | |||||
|
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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
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Performance
| 15/11/14 to 15/11/15 | 15/11/15 to 15/11/16 | 15/11/16 to 15/11/17 | 15/11/17 to 15/11/18 | 15/11/18 to 15/11/19 | |
|---|---|---|---|---|---|
| Annual return | 0.55% | 5.28% | 2.53% | -0.94% | 10.89% |
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.
View fund chartOur view on this fund
The fund is managed by Suzanne Hutchins and Aron Pataki. They've got the support of veteran investor Iain Stewart and Newton's wider team of research analysts.
The fund has done a good job of sheltering investors' money from short term stock market volatility while growing it in the long term....
Our latest articleThe fund can hold different types of assets and invest around the globe, giving the managers lots of flexibility to express their views.
Fund Objective
The objective of the Sub-Fund is to achieve significant real rates of return in Sterling terms predominantly from a portfolio of UK and international securities. The Sub-Fund is managed to seek a minimum return of cash (1 month GBP LIBOR) +4% per annum over 5 years before fees. In so doing we aim to achieve a positive return on a rolling 3 year basis. However, a positive return is not guaranteed and a capital loss may occur. The Sub-Fund may also invest in deposits, approved money market instruments, derivative instruments, forward transactions and collective investment schemes.
Income Details
| Security | Weight |
|---|---|
| USA Treasury Notes 3.375% 15/11/2048 USD100 | 5.79% |
| iShares Physical Gold ETC | 5.52% |
| Invesco Markets Plc Invesco Physical Gold ETC - | 4.51% |
| iShares J.P. Morgan $ Emerging Markets Bond UCITS ETF | 4.30% |
| Insight Liquidity Funds PLC GBP Liquidity Fund Cls 5 SWEEP | 3.80% |
| USA Treasury Bonds 2.875% 15/05/2049 USD100 | 2.51% |
| Australia (Commonwealth) 3% Bds 21/03/2047 AUD1000 | 2.10% |
| Canada Housing Trust No1 2.35% Bds 15/06/2027 CAD5000 | 1.85% |
| Brazil (Fed Rep of) 4.875% Bds 22/01/2021 USD | 1.48% |
| AIA GROUP LTD | 1.39% |
| Sector | Weight |
|---|---|
| Bonds | 45.14% |
| Commodities | 10.03% |
| Non-Classified | 7.11% |
| Equity Investment Instruments | 6.92% |
| Life Insurance | 2.42% |
| Pharmaceuticals, Biotechnology & Marijuana Producers | 2.09% |
| Software & Computer Services | 2.06% |
| Real Estate Investment & Services | 2.03% |
| Electricity | 1.90% |
| Media | 1.79% |
| Country | Weight |
|---|---|
| United States | 19.50% |
| United Kingdom | 14.98% |
| Non-Classified | 14.10% |
| Commodities | 10.03% |
| Australia | 5.17% |
| Germany | 4.69% |
| France | 3.17% |
| Canada | 3.14% |
| South Korea | 2.10% |
| Ireland | 2.02% |
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 15 November 2019. Data provided by Funds Library, correct as at 30 September 2019.
You can buy or sell holdings in this fund through
an ISA, Lifetime ISA, SIPP or Fund & 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.
