FOCUS FUND:
BNY Mellon Long-Term Global Equity Fund
To achieve long-term capital appreciation through investing primarily (meaning at least three quarters of the Fund's total assets) in a portfolio of equity and equity related securities of companies located throughout the world.
Fund Manager
Team approach
Fund Inception
4 Apr 2008
Why invest in this fund?
Aims to maintain and enhance long-term real value
Walter Scott’s distinctive investment process is ideally suited to managing global equity portfolios; from a global investment universe, the firm’s team of investment professionals has a long track record of identifying and holding shares in world-class companies, with the aim of allowing them to realise their growth potential and compound returns over the long term.
Flexibility to pursue the best investment ideas
Unconstrained by benchmark considerations, the investment team has the freedom to pursue attractive equity opportunities anywhere in the world.
Low level of downside participation looks to reward patient investors
The Fund aims to give investors access to a distinctive return profile over the long-term (10 years); while the Fund will not typically capture all of the ‘upside’ in a sharply rising market, the Fund looks to demonstrate resilience in difficult conditions.
Fund performance
Annual Performance (%)
2016 | 2017 | 2018 | 2019 | 2020 | YTD 2021 | |
Fund | 8.27 | 8.64 | 2.37 | 31.83 | 7.26 | -2.39 |
Performance benchmark | 10.73 | 7.51 | -4.11 | 30.02 | 6.33 | -0.29 |
Source: Lipper as at 31 January 2021. Fund performance Euro C calculated as total return, based on net asset value, including charges, but excluding initial charge, income reinvested gross of tax, expressed in share class currency. The impact of the initial charge, which may be up to 5%, can be material on the performance of your investment. Performance figures including the initial charge are available upon request.
PERFORMANCE BENCHMARK
The Fund will measure its performance against the MSCI World NR Index (the “Benchmark”). The Fund is actively managed, which means the Investment Manager has absolute discretion to invest outside the Benchmark subject to the investment objective and policies disclosed in the Prospectus. While the Fund ‘s holdings may include constituents of the Benchmark, the selection of investments and their weightings in the portfolio are not influenced by the Benchmark. The investment strategy does not restrict the extent to which the Investment Manager may deviate from the Benchmark.
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Focus fund: BNY Mellon Long-Term Global Equity Fund
Seeking to identify a range of world-class companies with the potential to generate meaningful real rates of return over the long term.
About Walter Scott
Walter Scott & Partners Limited is a classical, fundamental and long-term global equity investment management firm.
Investment Managers are appointed by BNY Mellon Investment Management EMEA Limited (BNYMIM EMEA), BNY Mellon Fund Management (Luxembourg) S.A. (BNY MFML) or affiliated fund operating companies to undertake portfolio management activities in relation to contracts for products and services entered into by clients with BNYMIM EMEA, BNY MFML or the BNY Mellon funds.
Past performance is not a guide to future performance.
The value of investments can fall. Investors may not get back the amount invested.
Objective/Performance Risk: There is no guarantee that the Fund will achieve its objectives.
Currency Risk: This Fund invests in international markets which means it is exposed to changes in currency rates which could affect the value of the Fund.
MAR001215
