BNY Mellon Real Return
Class U - Accumulation (GBP)
0.16p
(0.12%)
0.16p
(0.12%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
0.16p
(0.12%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and 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 This can be withdrawn, reinvested or simply held on your account.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
| 26/07/16 to 26/07/17 | 26/07/17 to 26/07/18 | 26/07/18 to 26/07/19 | 26/07/19 to 26/07/20 | 26/07/20 to 26/07/21 | |
|---|---|---|---|---|---|
| Annual return | -2.71% | 0.55% | 8.37% | 4.12% | 9.64% |
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, Aron Pataki and Andy Warwick. They've got the support of BNY Mellon's well-resourced 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. We think this...
Our latest articleIn this fund update, Investment Analyst Dominic Rowles shares our analysis on the manager, process, culture, cost and performance of the BNY Mellon Real Return fund.
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 |
|---|---|
| Insight Dublin ILF GBP Liquidity Class 5 | 5.70% |
| iShares Emerging Markets Local Government Bond UCITS ETF | 3.33% |
| iShares Physical Gold ETC | 3.21% |
| BNP Paribas Issuance B.V. VOLA Carry Idx Col Nt 18/11/21 | 2.65% |
| UK Treasury Bill 0% 23/08/2021 GBP0.01 | 2.46% |
| Barclays Bank PLC S&P Coll Nts 10/08/2021 Monday | 2.02% |
| Barclays Bank PLC S&P Coll Nts 07/08/2021 Friday | 1.97% |
| ASTRAZENECA | 1.59% |
| Invesco Markets Plc Invesco Physical Gold ETC - | 1.50% |
| VOLKSWAGEN AG | 1.49% |
| Sector | Weight |
|---|---|
| Bonds | 14.38% |
| Equity Investment Instruments | 6.96% |
| Non-Classified | 6.77% |
| Commodities | 6.25% |
| Technology Hardware & Equipment | 4.97% |
| Cash and Equiv. | 4.61% |
| Pharmaceuticals & Biotechnology | 4.46% |
| Software & Computer Services | 3.89% |
| Managed Funds | 3.87% |
| Industrial Support Services | 3.55% |
| Country | Weight |
|---|---|
| United States | 20.67% |
| United Kingdom | 17.41% |
| Non-Classified | 11.54% |
| Commodities | 6.25% |
| Ireland | 5.02% |
| Cash and Equiv. | 4.61% |
| Switzerland | 4.53% |
| Germany | 4.16% |
| France | 3.96% |
| Managed Funds | 3.87% |
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 26 July 2021. Data provided by Funds Library, correct as at 30 June 2021.
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.
