BNY Mellon Global Funds PLC - BNY Adaptive Risk Overlay Fund EUR E Acc Hedged

OBJECTIVE To achieve positive returns during periods of significant decline and/ or high volatility in global equity markets. POLICY The Fund will: – primarily invest in FDI through entering a series of total return swap transactions, providing exposure to systematic trading strategies and is intended to be used as a diversifying overlay and not a core holding within an investor's portfolio; – use systematic trading strategies that include three componentshedging strategies, diversifier strategies and trend strategies; – use hedging strategies to potentially provide upside when equity markets experience significant declines and/or high volatility; – use diversifying strategies with the aim of reducing the cost of implementing systematic protection, without overly reducing hedging reliability; – use trend strategies based on price trends over time, which are often defensive in nature; – invest on a long and synthetic short basis; – hold investment grade fixed and floating rate corporate and government money market or cash equivalent instruments to primarily provide collateral to support FDI exposure and to help cover the cost of implementing hedging strategies in the Fund through the underlying yield on these assets; and – invest on a global basis. The Fund may : – invest up to 35% of its Net Asset Value (NAV) in commodities through FDI; – invest up to 20% of its NAV in emerging markets countries; – invest up to 10% of its NAV in open-ended collective investment schemes (CIS) including money market funds; – invest up to 10% of its NAV in transferable securities, which are not admitted to or dealt on an Eligible Market, in accordance with the UCITS Regulations; and – experience losses when global equity markets are flat or rising and/or volatility is low or declining. Benchmark: The Fund is actively managed and no benchmark is used for portfolio construction or performance comparison. OTHER INFORMATION Treatment of income: net income generated will be retained within the Fund and reflected in the value of your shares. Dealing: you can buy and sell your shares in the Fund between 9:00 and 17:00 (Irish Time) on each day which is a business day in Ireland and the U.S. Instructions received before 12:00 will receive the price quoted on that day. The minimum initial investment for this share class is USD 15,000,000.