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BNY Mellon IM is offering a broad range of solutions to get exposure to credit to meet your needs.
Credit
BNY Mellon Global Credit Fund
Credit
BNY Mellon Global Credit Fund
Objective: To achieve a total return from income and capital growth.
Benchmark: The Fund will measure its performance against the Bloomberg Barclays Global Aggregate Credit TR Index (hedged to US Dollars) (the “Benchmark”).
The Fund is actively managed, which means the Investment Manager has discretion to invest outside the Benchmark subject to the investment objective and policies disclosed in the Prospectus. However, as the Benchmark covers a significant proportion of the investable universe, the majority of the Sub-Fund’s holdings will be constituents of the Benchmark and the weightings in the portfolio may be similar to those of the Benchmark. The investment strategy will restrict the extent to which the portfolio holdings may deviate from the Benchmark and consequently the extent to which the Sub-Fund can outperform the Benchmark.
High Yield
BNY Mellon Global Short-Dated High Yield Fund
High Yield
BNY Mellon Global Short-Dated High Yield Fund
Objective: To deliver positive returns greater than the Cash Benchmark SOFR (90-day compounded) on a 3 year rolling basis.
Benchmark: The Fund will measure its performance against SOFR (90-day compounded) (the “Cash Benchmark”). SOFR (the Secured Overnight Financing Rate) is a broad measure of the cost of borrowing cash overnight collateralised by U.S. Treasuries and is administered by the New York Federal Reserve.
The Cash Benchmark is used as a target against which to measure its performance on a rolling annualised 3-year basis, before fees.
The Fund is actively managed, which means the Investment Manager has discretion over the selection of investments, subject to the investment objective and policies disclosed in the Prospectus.
CORPORATE
Responsible Horizons Euro Corporate Bond Fund
CORPORATE
Responsible Horizons Euro Corporate Bond Fund
Objective: To generate a total return comprised of income and capital growth by investing primarily in a broad range of Euro denominated debt and debt-related securities and related financial derivative instruments, whilst taking environmental, social and governance (“ESG”) factors into account.
Benchmark: The Fund will measure its performance against the Bloomberg Barclays Euro Aggregate Corporate Total Return Index (the “Benchmark”).
The Fund is actively managed, which means the Investment Manager has discretion to invest outside the Benchmark subject to the investment objective and policy. However, as the Benchmark covers a significant proportion of the investable universe, the majority of the Fund’s holdings will be constituents of the Benchmark and the weightings in the portfolio may be similar to those of the Benchmark. The investment strategy will restrict the extent to which the portfolio holdings may deviate from the Benchmark and consequently the extent to which the Fund can outperform the Benchmark.
CORPORATE
Responsible Horizons Euro Impact Fund
CORPORATE
Responsible Horizons Euro Impact Fund
Objective:To achieve positive environmental and/or social impacts while generating a total return comprised of income and capital growth by investing in a broad range of Euro-denominated debt and debtrelated securities and related financial derivative instruments (“FDI”).
Benchmark:The Fund will measure its performance against the Bloomberg Barclays MSCI Euro Corporate Green Bond Index, (the “Benchmark”).
The Fund is actively managed, which means the Investment Manager has discretion to invest outside the Benchmark subject to the investment objective and policy. However, as the Benchmark covers a significant proportion of the investable universe, the majority of the Fund’s holdings will be constituents of the Benchmark and the weightings in the portfolio may be similar to those of the Benchmark. The investment strategy will restrict the extent to which the portfolio holdings may deviate from the Benchmark and consequently the extent to which the Fund can outperform the Benchmark.
EMERGING MARKETS
Responsible Horizons EM Debt Impact Fund
EMERGING MARKETS
Responsible Horizons EM Debt Impact Fund
Objective: To achieve positive environmental and/or social impacts while generating a total return comprised of income and capital growth by investing in emerging market debt and debt-related securities and related FDI.
Benchmark: The Fund will measure its performance against the J.P. Morgan EM Credit Green, Social and Sustainability Bond Diversified Index (USD Hedged) (the “Benchmark”) for comparison purposes. However, the Investment Manager does not seek to align the Fund’s performance with that of the Benchmark and the performance of the Fund and the Benchmark may differ significantly.
The Fund is actively managed, which means the Investment Manager has discretion to invest outside the Benchmark subject to the investment objective and policy. The Fund has an unconstrained investment style, and as such it will not take the Benchmark into account when selecting the Fund’s investments.
HIGH YIELD
BNY Mellon Efficient Global High Yield Beta Fund
HIGH YIELD
BNY Mellon Efficient Global High Yield Beta Fund
Objective: To provide similar performance and levels of volatility as the benchmark detailed below over the medium to long-term before fees and expenses.
Benchmark: The Fund will measure its performance against Bloomberg Barclays Global High Yield Corporate USD Hedged TR Index (the “Benchmark”). The Investment Manager will use the Benchmark to construct the investment universe. The Fund is actively managed and does not seek to replicate the full constituents of the Benchmark. The Investment Manager has limited discretion to invest outside the Benchmark subject to the investment objective and policies disclosed in the Prospectus.
The majority of the Fund’s holdings will be constituents of the Benchmark and as a result the Fund will be similar in its currency and sector exposures as well as the maturity and credit quality profile.
The investment strategy restricts the extent to which the portfolio holdings may deviate from the Benchmark and consequently the extent to which it can outperform the Benchmark. The investment strategy provides similar volatility to the Benchmark over the medium to long term.
CORPORATE
BNY Mellon Efficient Global IG Corporate Beta Fund
CORPORATE
BNY Mellon Efficient Global IG Corporate Beta Fund
Objective: To generate a return in excess of the Benchmark detailed below with similar levels of volatility over the medium to long term before fees and expenses.
Benchmark: The Fund will measure its performance against Bloomberg Barclays Global Aggregate Corporate TR Index USD Hedged.
The Investment Manager will use the Benchmark to construct the investment universe. The Fund is actively managed and does not seek to replicate the full constituents of the Benchmark. The Investment Manager has limited discretion to invest outside the Benchmark subject to the investment objective and policies disclosed in the Prospectus.
The majority of the Fund’s holdings will be constituents of the Benchmark and as a result the Fund will be similar in its currency and sector exposures as well as duration. However the Investment Manager does not seek to reflect the Benchmark’s maturity and credit quality profile.
The investment strategy provides similar volatility to the Benchmark over the medium to long term.
HIGH YIELD
BNY Mellon Efficient U.S. Fallen Angels Beta Fund
HIGH YIELD
BNY Mellon Efficient U.S. Fallen Angels Beta Fund
Objective: To generate a return in excess of the benchmark (detailed below) with similar levels of volatility over the medium to long term before fees and expenses, whilst taking environmental, social and governance (“ESG”) factors into account.
Benchmark: The Fund will measure its performance against Bloomberg Barclays US HY Fallen Angel 3% Cap Total Return Index Value Unhedged (the “Benchmark”). The Investment Manager will use the Benchmark to construct the investment universe.
The Fund is actively managed and does not seek to replicate the full constituents of the Benchmark. The Investment Manager has limited discretion to invest outside the Benchmark where the relevant security meets the requirements of and is expected to be included in the Benchmark in the future. The majority of the Fund’s holdings will be constituents of the Benchmark and as a result the Fund will be similar in its currency, duration as well as sector exposures and credit quality profile, subject to investment constraints. However the Investment Manager will not seek to reflect the Benchmark’s maturity profile. The investment strategy provides similar volatility to the Benchmark over the medium to long-term.
HIGH YIELD
BNY Mellon Efficient U.S. High Yield Beta Fund
HIGH YIELD
BNY Mellon Efficient U.S. High Yield Beta Fund
Objective: To provide similar performance and levels of volatility as the benchmark detailed below over the medium to long-term before fees and expenses.
Benchmark: The Fund will measure its performance against the Bloomberg Barclays U.S. Corporate High Yield TR Index (the “Benchmark”).
The Investment Manager will use the Benchmark to construct the investment universe. The Fund is actively managed and does not seek to replicate the full constituents of the Benchmark. The Investment Manager has limited discretion to invest outside the Benchmark subject to the investment objective and policies disclosed in the Prospectus.
The majority of the Fund’s holdings will be constituents of the Benchmark and as a result the Fund will be similar in its currency and sector exposures as well as the maturity and credit quality profile.
The investment strategy restricts the extent to which the portfolio holdings may deviate from the Benchmark and consequently the extent to which it can outperform the Benchmark. The investment strategy provides similar volatility to the benchmark over the medium to long term.
Clients can access traditional, specialised and absolute return fixed income strategies which can be tailored to meet their specific needs. Our expertise spans the spectrum of global fixed income opportunities, with our investment philosophy focused on achieving precision and diversification as we pursue a range of outcomes for our clients.

Impact investing to: Assessing impact bonds
Impact investing targets positive, measurable social and environmental impact over a longer-term investment horizon.

Municipal bonds to: An introduction to municipal bonds
Municipal bonds are high quality instruments designed to finance US infrastructure.

Macro Outlook
The fundamental backdrop for credit markets is mixed, with tighter monetary conditions slowing economic growth and inflation and real borrowing costs still elevated.
The value of investments can fall. Investors may not get back the amount invested. Income from investments may vary and is not guaranteed.
Please refer to the prospectus and the KIID/KID before making any investment decisions. Documents are available in English and an official language of the jurisdictions in which the Fund is registered for public sale. Go to fund-centre.