We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

BNY Mellon UK Income Class U1 - Accumulation (GBP)

Sell:130.43p Buy:130.43p Change: 0.73p (0.56%)
Prices as at 10 June 2025
Sell:130.43p
Buy:130.43p
Change: 0.73p (0.56%)
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 10 June 2025
Sell:130.43p
Buy:130.43p
Change: 0.73p (0.56%)
Prices as at 10 June 2025
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.

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 »

Our view on the sector

Equity income funds are popular with investors. Most aim to generate a rising income, and increase the value of your original investment, over the long term. The income can be paid out, or reinvested in the fund to boost long-term growth. Different fund managers take different approaches to income investing. Some focus on larger companies that are seen to be more stable and have paid regular dividends for many years. Others invest in higher-risk small and medium-sized companies. These might pay a lower income to start with, but have more growth potential. We think carefully chosen equity income funds can form the cornerstone of almost any portfolio.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

10/06/20 to 10/06/21 10/06/21 to 10/06/22 10/06/22 to 10/06/23 10/06/23 to 10/06/24 10/06/24 to 10/06/25
Annual return n/a n/a n/a n/a 14.38%

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.

Information about the fund

Fund manager biography

manager photo
Manager Name: Tim Lucas
Manager start date: 1 November 2022
Manager located in: London

Tim is the lead portfolio manager for the UK Equity and Sustainable UK Opportunities strategies. Tim joined Newton in 2004, and prior to his current role, was a global research analyst for 16 years, after which he co-managed the UK Equity Income strategy. Prior to joining Newton, Tim worked as an equity analyst at Insight Investment, covering the chemicals and support services sectors. Tim has a Master of Chemistry degree from the University of Oxford and is a CFA charterholder. Outside of work, Tim enjoys reading about Austrian economics and helps with coaching the children at his village cricket club. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Manager Name: David Cumming
Manager start date: 1 November 2022
Manager located in: TBC

David Cumming joined Newton as head of UK equities in March 2022. David heads up the UK equity strategies and is lead portfolio manager of the UK Equity Income strategy. David has been an active UK equity manager for more than 40 years. He was most recently Chief Investment Officer of Equities at Aviva Investors. Before that, he was Head of Equities at Standard Life Investments, and prior to that was a portfolio manager at Morgan Grenfell, Manufacturers Life and Edinburgh Fund Managers, having begun his career as an investment analyst at Royal London Mutual. He has an MA (Hons) in Economics and Accounting.

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. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account