BNY Mellon Responsible Horizons UK Corporate Bond Fund U1 Shares Income
ISIN GB00BS4DG575 / Valor null
BNY Mellon Responsible Horizons UK Corporate Bond Fund U1 Shares Income
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General Objective
The fund aims to generate a return through a combination of income and capital returns, while considering environmental, social, and governance ("ESG") factors. It targets outperforming the S&P iBoxx GBP Collateralized & Corporate Index after fees over any rolling three year period, although performance is not guaranteed and a capital loss may occur.
Fund Exposure
The fund typically invests at least 80% of its assets in sterling denominated investment grade corporate debt securities, taking ESG factors into account. It seeks exposure to issuers with strong ESG scores, focusing on carbon reduction and positive environmental and/or social impact. The fund may also invest in subinvestment grade bonds, use derivatives for risk management, and allocate up to 30% of its NAV in assets that do not meet the sustainability criteria.
Risks
Investors should be aware that the fund may invest in corporate bonds with low credit ratings, use derivatives for risk management, and allocate a portion of its assets in assets that do not meet the sustainability criteria. Additionally, the value of the investment may decrease once income is paid to shareholders, and there is a risk of capital loss.
Source
http://www.bny.com/investments/uk/en/intermediary/fund/responsible-horizons-uk-corporate-bond-fund-uk-domiciled-institutional-shares-w-income-GB00B8KCZN97/
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