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At a glance performance and information

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Share Dealing Account

ISA

ShareBuilder

SIPP

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Fund:

BNY Mellon Real Return Inst W Inc
Sector:

IA Targeted Absolute Return
Benchmark:

Index

Discrete calendar year performance

Discrete calendar year performance
Investment	31/03/19 to 31/03/20	31/03/20 to 31/03/21	31/03/21 to 31/03/22	31/03/22 to 31/03/23	31/03/23 to 31/03/24
BNY Mellon Real Return Inst W Inc	-2.31%	19.19%	1.22%	-4.33%	7.73%
IA Targeted Absolute Return	-3.34%	10.09%	2.50%	0.33%	6.33%
N/A	N/A%	N/A%	N/A%	N/A%	N/A%

Trailing returns

(*annualised)

Trailing returns
Investment	3 months	6 months	1 year	3 years*	5 years*
BNY Mellon Real Return Inst W Inc	4.08%	6.96%	4.25%	0.15%	3.68%
IA Targeted Absolute Return	2.48%	5.24%	5.35%	2.56%	2.93%
N/A	N/A%	N/A%	N/A%	N/A%	N/A%

Overview

Fund Objective: 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 (meaning a period of three years, no matter which day you start on). However, capital is in fact at risk and there is no guarantee that this will be achieved over that, or any, time period.

Manager name	BNY Mellon Fund Managers Ltd
Manager start date	11 March 2024
Manager Biography	Andy is a global portfolio manager of the Real Return strategy. Together with Aron and Suzanne, Andy is responsible for the final capital allocation decisions on the strategy. Andy started his career at Mercury Asset Management in 1993 as a unit trust dealer before joining the Quant & Derivatives team to focus on managing synthetic portfolios for clients and trading equity derivatives for the Firm. In 2006, Andy joined the multi-asset team at BlackRock where he was responsible for managing absolute and relative return mandates as well as the head of research specialising in equity thematic views and risk premia strategies.

Investment style:	Absolute Return,Flexible
Region (geographical)	Global

Benchmark	N/A
Sector	IA Targeted Absolute Return
FE fundinfo Rating	2 of 5

Fees & charges

Fees and Charges

Fees and Charges
Charge	Who receives this?	What is it?	Amount
Initial charge:	The fund manager	Charges applied by the fund management company for investing in their fund. Please note that Investment Managers may charge each time you buy new units or shares in a fund or trust. Where Investment Managers would have an entry charge, we will negotiate to have it waived so you will not be charged.	0.00%
Ongoing Charges:	The fund manager	The annual charge paid to a fund manager to cover the costs of running the fund. It is an estimate based on the actual amount charged in the previous year.	0.82%
Performance Fee:	The fund manager	A performance fee joins up the interest of the fund manager and their investors. A performance fee is taken when the fund beats pre-set conditions.	N/A
Typical transaction cost:	The fund manager	The costs of dealing within a fund, which the Investment Manager must pay to continue managing the assets. This includes where the Manager decides to sell one stock and buy another. The costs will vary from one fund to another based on how often the Investment Manager trades and the costs applied when trading.	0.188%*
Dealing commission:	Halifax	The cost of buying or selling some or all of your investment.	£9.50 (per online trade)

*This is an indication based on the market average. The fund’s actual transaction cost will be shown before you place a trade.
Account charges are not included
Key Investor Information Document (KIID)Open KIID document
Fees & Charges

Breakdown

Asset Allocation

Fund size: 2,946,141,537.33 GBX

Chart date: April 17, 2024

Top 10 Holdings

Top 10 Holdings
Security	Weight
2y t-note (cbt) jun 24	12.50%
Emini s&p 500 (cme) jun 24	9.99%
United states department of the treasury 0.25% nts 31/10/25 usd100 af-2025	4.98%
Government of the united states of america 1.25% 15-apr-2028	3.74%
Government of mexico 8.0% 07-nov-2047	3.26%
E-mini russell 2000 (cme) jun 24	2.84%
Barclays bank plc 0.0% 17-jan-2025	2.70%
Barclays bank plc 0.0% 21-jan-2025	2.70%
Nikkei 225 (ose) jun 24	2.55%
10y t-note (cbt) jun 24	2.55%

Sectors

Sectors
Sectors	Weight
Money Market	16.67%
Alternative Assets	11.14%
Technology	10.31%
Government Bonds	8.52%
Debt	7.52%
Financials	7.05%
Consumer Services	6.13%
Health Care	6.00%
Industrials	4.48%
Corporate Bonds	4.21%

World regions

World regions
Country	Weight
Not Specified	32.52%
North America	19.32%
Money Market	16.67%
Europe ex UK	9.97%
UK	8.51%
Global Emerging Markets	7.52%
Others	3.67%
Pacific ex-Japan	1.36%
Japan	0.45%

ESG

What is ESG?

ESG stands for Environmental, Social and Governance and is an approach for evaluating to what extent a company works towards social goals. For investors this can be used in order to understand how their funds and the assets they are made up of work towards these goals and use that information to help make sustainable investment choices.

ESG Metric

Score

MSCI ESG Quality Score (0-10)

6.8

MSCI ESG Quality Score - Peer Percentile (0-100)

68%

MSCI ESG Quality Score - Global Percentile (0-100)

63%

Fund Environmental Impact Involvement (%)

Fund Social Score Impact Involvement (%)

Fund Severe Governance Controversies Involvement (%)

BNY Mellon Real Return Inst W Inc