BNY Mellon Global High Yield Bond Fund Institutional W Income
ISIN GB00B8BX3V56 / Valor 19488055
BNY Mellon Global High Yield Bond Fund Institutional W Income
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General Objective
The fund aims to achieve income over the medium term (3-5 years) by investing globally, with at least 80% of the portfolio in sterling-denominated or hedged back to sterling fixed income securities and other debt instruments, typically including bonds rated below investment grade.
Fund Exposure
The fund's exposure includes investing in bonds rated below investment grade, using derivatives to help achieve the investment objective, investing in emerging markets, money market instruments, deposits, cash, near cash, Contingent Convertible Securities (CoCo's), and up to 10% in other collective investment schemes. The fund measures its performance against the ICE Bank of America Global High Yield ex Bank Capital & Junior Subordinated TR Index as a comparator benchmark.
Risks
Investors should be aware that the value of their investment will decrease once income is paid out, and the fund's actively managed strategy allows for deviations from the benchmark. Additionally, investing in bonds rated below investment grade and using derivatives can introduce additional risks to the fund.
Source
https://www.tbd.de/
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