BNY Mellon Absolute Return Bond Fund Sterling W Acc Hedged
ISIN IE00BP4JQX29 / Valor 27340176
BNY Mellon Absolute Return Bond Fund Sterling W Acc Hedged
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General Objective
The fund aims to provide a positive absolute return in all market conditions over a rolling 12-month period by primarily investing in debt and debt-related securities and instruments located worldwide, as well as in financial derivative instruments relating to such securities and instruments. However, a positive return is not guaranteed, and a capital loss may occur.
Fund Exposure
The fund is exposed to various asset classes, with a focus on debt and debt-related securities globally. The top 10 countries of issuer domicile include the European Union, Germany, and Ireland. The fund also has exposure to different currencies, with a net unhedged FX exposure in USD, CZK, CNY, INR, MYR, MXN, and KRW.
Risks
There is no guarantee that the fund will achieve its objectives, and a capital loss may occur. The fund's exposure to international markets and derivatives makes it sensitive to changes in currency rates and underlying asset values, increasing the potential for fluctuations in the value of investments. Additionally, investments in bonds and money market securities are affected by interest rates and inflation trends, with bonds of low credit ratings posing a higher risk of default.
Source
https://www.bny.com/investments/uk/en/intermediary/fund/bny-mellon-absolute-return-bond-fund-euro-r-ie00b6vxjv34/
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