£1.49£0.00 (0.0030%)306 Sep 2024
Last Price£1.49Day Change£0.00 (0.0030%)
Price Date06 Sep 2024Morningstar Rating3
Shares ClassAccYield2.69%
Last Ex-Dividend Date2020-01-01Dividend Frequency-
SectorTargeted Absolute ReturnFund Size0.00
Launch Date2020-01-01Standard Initial Charge0.00%
Ongoing cost0.82%Annual Management Charge0.00%
ISINGB00B8GG4B61

Fund Objective

The objective of the Sub-Fund is to achieve a rate of return in sterling terms that is equal to or above a minimum return from cash (SONIA (30-day compounded)) + 4% per annum over five years before fees. In doing so, it aims to achieve a positive return on a rolling three year basis. To achieve its investment objective, the Sub-Fund will invest in a broad diversified range of asset classes. The Sub-Fund may invest directly or indirectly in equities, fixed interest securities, currencies, cash, near cash, deposits, warrants, infrastructure, renewable energy, property, commodities and approved money market instruments. Exposure to these asset classes is expected to be achieved through a combination of transferable securities, collective investment schemes and derivatives.

Fund Managers

BNY Mellon Fund Managers Limited