BNY Mellon Real Return
Class U - Accumulation (GBP)
0.34p
(0.24%)
0.34p
(0.24%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
0.34p
(0.24%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Income and accumulation units
With income units, any income is paid as cash. This can be withdrawn, reinvested or simply held on your account. With accumulation units any income is retained within the fund; the number of units remains the same but the price of each unit increases by the amount of income generated within the fund. Generally accumulation units offer a slightly more efficient way to reinvest income, although many investors will choose to hold income units and reinvest the income to buy extra units.
×Charges and Savings
| Initial charges | |
|---|---|
| Initial charge: | 0.00% |
| Initial saving from HL: | 0.00% |
| Net initial charge: | 0.00% |
| HL dealing charge: | Free |
| Annual charges | |||
|---|---|---|---|
| Performance fee: | No | ||
| Ongoing charge (OCF/TER): | 0.82% i | ||
| Ongoing saving from HL: | 0.20% i | ||
| Net ongoing charge: | 0.62% | ||
| There are other unit types of this fund available: | |||
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In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.
Other Information
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Performance
| 24/12/19 to 24/12/20 | 24/12/20 to 24/12/21 | 24/12/21 to 24/12/22 | 24/12/22 to 24/12/23 | 24/12/23 to 24/12/24 | |
|---|---|---|---|---|---|
| Annual return | 5.53% | 7.72% | -6.33% | 1.42% | 7.47% |
Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.
View fund chartOur view on this fund
The fund is managed by Aron Pataki and Andy Warwick. They've got the support of BNY Mellon's well-resourced team of research analysts.
The fund has done a good job of sheltering investors' money from short term stock market volatility while growing it in the long term. We think this fund could...
Our latest article
In this fund update, Senior Investment Analyst Hal Cook shares our analysis on the manager, process, culture, ESG integration, cost and performance of the BNY Mellon Real Return fund.
Fund Objective
The objective of the Sub-Fund is to achieve significant real rates of return in Sterling terms predominantly from a portfolio of UK and international securities. The Sub-Fund is managed to seek a minimum return of cash (1 month GBP LIBOR) +4% per annum over 5 years before fees. In so doing we aim to achieve a positive return on a rolling 3 year basis. However, a positive return is not guaranteed and a capital loss may occur. The Sub-Fund may also invest in deposits, approved money market instruments, derivative instruments, forward transactions and collective investment schemes.
Income Details
| Security | Weight |
|---|---|
| 0¼% Treasury Gilt 2025 | 5.44% |
| USA Treasury Notes 1.25% TII 15/4/2028 USD100 | 4.74% |
| UK Treasury Bill 0% 10/02/2025 GBP0.01 | 4.68% |
| Insight Dublin ILF GBP Liquidity Class 5 | 3.30% |
| 4¼% Treasury Gilt 2039 | 3.15% |
| Barclays Bank PLC S&P Coll Nts 10/01/2025 Friday | 2.74% |
| Barclays Bank PLC S&P Coll Nts 13/01/2025 Monday | 2.65% |
| Mexico (United Mexican States) 0% T-Bill 03/10/2024 MXN10 | 2.65% |
| UK Treasury Bill 0% 11/11/2024 GBP0.01 | 2.14% |
| USA Treasury Notes 3% 15/11/2045 USD100 | 2.12% |
| Sector | Weight |
|---|---|
| Bonds | 34.04% |
| Non-Classified | 8.28% |
| Cash and Equiv. | 6.56% |
| Commodities | 4.57% |
| Pharmaceuticals & Biotechnology | 4.44% |
| Technology Hardware & Equipment | 4.11% |
| Software & Computer Services | 3.42% |
| Equity Investment Instruments | 3.12% |
| Investment Banking & Brokerage Services | 3.04% |
| Media | 2.83% |
| Country | Weight |
|---|---|
| United Kingdom | 27.00% |
| United States | 26.49% |
| Non-Classified | 11.95% |
| Cash and Equiv. | 6.56% |
| Commodities | 4.57% |
| Mexico | 4.04% |
| Switzerland | 3.11% |
| Managed Funds | 2.30% |
| Ireland | 2.12% |
| Brazil | 2.04% |
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 24 December 2024. Data provided by Broadridge, correct as at 31 August 2024.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
4 If you elect to receive the income from an ISA or a Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
