BNY Mellon Global Funds PLC - BNY Mellon Absolute Return Equity Fund Sterling X Acc

Performance History31/01/2020
Growth of 1,000 (GBP) Advanced Graph
BNY Mellon Global Funds PLC - BNY Mellon Absolute Return Equity Fund Sterling X Acc
Fund0.83.4-3.0-0.70.6
+/-Cat-----
+/-B’mrk-----
 
Key Stats
NAV
28/02/2020
 GBP 1.31
Day Change -0.06%
Morningstar Category™ Alt - Market Neutral - Equity
IA (formerly IMA) Sector Targeted Absolute Return
ISIN IE00B42M4650
Fund Size (Mil)
31/01/2020
 GBP 350.48
Share Class Size (Mil)
28/02/2020
 GBP 141.57
Max Initial Charge -
Ongoing Charge
14/02/2020
  0.06%
Morningstar Research
Analyst Report

Implementation issues, coupled with a lower conviction in the team’s capabilities, have led to a downgrade in the Morningstar Analyst Rating of BNY Mellon Absolute Return Equity's GBP S Acc share class to Neutral from Bronze. All other share...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAverage
ParentAverage
ProcessAverage
Performance
Price
Investment Objective: BNY Mellon Global Funds PLC - BNY Mellon Absolute Return Equity Fund Sterling X Acc
Aims to provide a positive absolute return in all market conditions. The Sub-Fund aims to achieve its objective through discretionary investment management and may employ a range of hedging techniques. The Sub-Fund will also aim to achieve positive absolute returns over a rolling twelve month period. The performance of the Sub-Fund will be measured against the cash benchmark, GBP LIBOR.
Returns
Trailing Returns (GBP)28/02/2020
YTD0.31
3 Years Annualised0.25
5 Years Annualised1.06
10 Years Annualised-
12 Month Yield 0.32
Management
Manager Name
Start Date
Andrew Cawker
31/01/2011
Inception Date
07/02/2011
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
Euribor 1 Month EUR-
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationYes
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  BNY Mellon Global Funds PLC - BNY Mellon Absolute Return Equity Fund Sterling X Acc31/10/2019
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock15.187.907.28
Bond27.980.0027.98
Property0.000.000.00
Cash162.3195.2267.09
Other49.7152.05-2.35
Fixed Income
Effective Maturity-
Effective Duration-
Top 5 Regions%
Eurozone50.25
United Kingdom40.18
Europe - ex Euro7.19
United States2.38
Canada0.00
Top 5 Sectors%
Healthcare41.33
Financial Services21.57
Communication Services11.18
Industrials8.33
Real Estate6.72
Top 5 HoldingsSector%
ILF GBP Liquidity 211.11
Grifols SA ADRHealthcareHealthcare5.34
ASB Finance Ltd London Branch4.84
Bank of Nova Scotia4.84
BNZ International Funding Limite... 4.83
BNY Mellon Global Funds PLC - BNY Mellon Absolute Return Equity Fund Sterling X Acc

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