BNY Mellon Income Fund B Accumulation
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OBJECTIVE To provide income together with long term capital growth (5 years or more). The Fund targets a dividend yield in excess of the yield of the FTSE All-Share Index on an annual basis as at the Fund's financial year end. There is no guarantee that the Fund will achieve its objective over this, or any other, period. POLICY The Fund will: invest at least 80% of the portfolio in UK listed equities (company shares); invest in company shares and similar investments mainly of large companies which it believes offer more stable cash flows; use derivatives (financial instruments whose value is derived from other assets) with the aim of risk or cost reduction or to generate additional capital or income; and target a dividend yield, which is not guaranteed, in excess of the yield of the FTSE All-Share TR Index on an annual basis as at the Fund's financial year end. The Fund may: invest inmoneymarket instruments, deposits, cash and near cash; invest in other transferable securities; and invest up to 10% in other collective investment schemes (including but not limited to another Sub-Fund or Sub-Funds of the Company or other BNY Mellon funds). Benchmark: The Fund will measure its performance against the FTSE All-Share TR Index as a comparator benchmark (the "Benchmark"). The Fund will use the Benchmark as an appropriate comparator because it is representative of the UK equity market. The Fund is actively managed,whichmeans the InvestmentManager has discretion over the selection of investments subject to the investment objective and policies disclosed in the Prospectus. While the Fund's holdings may include constituents of the Benchmark, the selection of investments and their weightings in the portfolio are not influenced by the Benchmark. The investment strategy does not restrict the extent to which the Investment Manager may deviate from the Benchmark. OTHER INFORMATION Treatment of income: income from investments will be paid to shareholders quarterly on or before 28 February, 31 May, 31 August and 30 November. Dealing: you can buy and sell your shares in the Fund between 9:00 and 17:00 (UK time) on each business day in England and Wales. Instructions received before 12:00 will receive the price quoted on that day. The minimum initial investment for this share class is GBP 1,000.