BNY Mellon Efficient Gl. HY Beta H Dis EUR Hdg

Objectives Investment objective To provide similar performance and levels of volatility as the Benchmark (detailed below) over the medium to long-term before fees and expenses. Investment policies The Fund will: invest the majority of its Net Asset Value (NAV) in high yield (rated Ba1/BB+/BB+ or below by Standard & Poor's, Moody's Investor Services, Fitch Ratings or an equivalent recognised rating agency) underlying bonds and similar debt investments included in the Benchmark; invest globally with no particular industry or sector focus; exclude direct investment in corporate issuers with material involvement in activities the Investment Manager deems harmful from an environmental and/or social perspective e.g. tobacco production and in line with the exclusions criteria and methodology provided by JP Morgan. All issuers in which investments are made follow good governance practices; and promote environmental and social characteristics pursuant to Article 8 of the Sustainable Finance Disclosure Regulation ("SFDR"). The Fund may: invest in fixed rate corporate bonds and similar debt related securities; invest in debt or debt-related securities not included in the Benchmark where the issuer has other securities included in the Benchmark or expected to be added in the Benchmark in the future; invest up to 20% of its NAV in emerging markets; invest up to 10% of its NAV in collective investment schemes including open-ended exchange traded funds (ETF's); invest in derivatives (financial instruments whose value is derived from other assets) to help achieve the Fund's investment objective. The Fund will also use derivatives with the aim of risk or cost reduction or to generate additional capital or income; and hold cash for the purpose of hedging or liquidity. Benchmark The Fund will measure its performance against Bloomberg Global High Yield Corporate Bond TR Index USD Hedged (the "Benchmark"). The Investment Manager will use the Benchmark to construct the inve

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No