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BNY Mellon Real Return Class U - Income (GBP)

Sell:111.12p Buy:111.12p Change: 0.09p (0.08%)
Prices as at 9 October 2024
Sell:111.12p
Buy:111.12p
Change: 0.09p (0.08%)
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 9 October 2024
Sell:111.12p
Buy:111.12p
Change: 0.09p (0.08%)
Prices as at 9 October 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%
Net initial charge: 0.00%
HL dealing charge: Free
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.86% i
Ongoing saving from HL: 0.20% i
Net ongoing charge: 0.66%
There are other unit types of this fund available:
Class U - Accumulation (GBP) (Net ongoing charge 0.66%)

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
Manager:
Multiple
Fund launch date: 1 September 1993
Sector: Targeted Absolute Return
Fund size: £2,841 million
Number of holdings: 133
Fund type: ICVC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 12:00
Trustee: The National Westminster Bank plc
Minimum investment: £100.00
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

08/10/19 to 08/10/20 08/10/20 to 08/10/21 08/10/21 to 08/10/22 08/10/22 to 08/10/23 08/10/23 to 08/10/24
Annual return 4.06% 7.62% -6.40% -0.89% 12.37%

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 chart

Our view on this fund

HL Research

The fund is managed by 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 fund could...

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

Historic yield : 2.71%
Income paid: Bi-annually
Type of payment: Dividend
Ex-dividend date: 2 January 2025 3 July 2025
Payment date: 28 February 20254 30 September 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 July 2024.

Security Weight
0¼% Treasury Gilt 2025 5.23%
USA Treasury Notes 1.25% TII 15/4/2028 USD100 4.68%
UK Treasury Bill 0% 29/07/2024 GBP0.01 3.53%
UK Treasury Bill 0% 11/11/2024 GBP0.01 2.86%
Mexico (United Mexican States) 0% T-Bill 03/10/2024 MXN10 2.82%
Barclays Bank PLC S&P Coll Nts 10/01/2025 Friday 2.78%
Barclays Bank PLC S&P Coll Nts 13/01/2025 Monday 2.74%
MICROSOFT CORPORATION 2.27%
iShares Physical Gold ETC 2.24%
UK Treasury Bill 0% 12/08/2024 GBP0.01 2.20%
Sector Weight
Bonds 33.57%
Non-Classified 8.68%
Technology Hardware & Equipment 6.26%
Commodities 4.52%
Cash and Equiv. 4.41%
Pharmaceuticals & Biotechnology 4.30%
Software & Computer Services 3.83%
Media 3.18%
Equity Investment Instruments 2.96%
Non-Renewable Energy 2.89%
Country Weight
United States 28.21%
United Kingdom 26.22%
Non-Classified 11.96%
Commodities 4.52%
Cash and Equiv. 4.41%
Mexico 4.27%
Switzerland 3.04%
Ireland 3.03%
Managed Funds 2.42%
Brazil 2.01%

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 9 October 2024. Data provided by Broadridge, correct as at 30 June 2024.

Broadridge
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 an ISA or a 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.