Quick Stats

Last Price 104.38p Day Change 0.58p (0.0056%)
Price Date 23 Feb 2024 Morningstar Rating 3
Shares Class Inc Yield 2.90 %
Last Ex-Dividend Date 01 January 2020 Dividend Frequency -
Sector Targeted Absolute Return Fund Size 0.00
Launch Date 01/01/2020 Standard Initial Charge 0.00%
Ongoing cost 0.86% Annual Management Charge 0.00%

Fund Objective

The Sub-Fund seeks to achieve a rate of return in sterling terms that is equal to or above the 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 predominantly, meaning at least 75%, in a portfolio of UK and international securities across a broad diversified range of asset classes.

Fund Managers

BNY Mellon Fund Managers Limited