BNY Mellon Investment Funds - Newton UK Income Fund Exempt 1 Accumulation
ISIN GB00B01XJK01 / Valor 2023235
BNY Mellon Investment Funds - Newton UK Income Fund Exempt 1 Accumulation
UMushroom community rating:
General Objective
The fund aims to achieve income over an annual period together with capital growth over the long term (5 years or more).
Fund Exposure
The fund will invest at least 70% of the portfolio in UK equities, including ordinary shares, preference shares, and other equity-related securities. It will target higher than average dividends and invest in company shares with good prospects for growth. The fund may also invest in money market instruments, deposits, cash, near cash, use derivatives for risk or cost reduction, and invest up to 10% in other collective investment schemes.
Risks
Investors should be aware that the fund is actively managed, meaning the Investment Manager has discretion over the selection of investments. While the fund may include constituents of the FTSE All-Share TR Index, 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. Additionally, the net income generated will be retained within the Fund and reflected in the value of shares.
Source
https://www.bnymellonim.com/uk/en/intermediary/fund/bny-mellon-uk-income-fund-uk-domiciled-institutional-shares-w-income-gb00b7w2g379/
Ratings & reviews
OTHER SHARE CLASSES OF THIS FUND
