BNY Mellon UK Income (GB) Class W Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
31/03/24 to 31/03/25 |
31/03/25 to 31/03/26 |
|
|---|---|---|---|---|---|
| Fund | 13.7% | 9.3% | 11.4% | 10.7% | 22.0% |
| Sector | 10.8% | 0.2% | 7.6% | 7.4% | 16.3% |
| Rank | 17/63 | 1/64 | 7/64 | 18/64 | 17/65 |
| Quartile | 2 | 1 | 1 | 2 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/26 |
5 Years to 31/03/26 |
10 Years to 31/03/26 |
||
| Fund | 14.6% | 13.3% | 9.2% | |
| Sector | 10.4% | 8.4% | 6.5% | |
| Rank | 9/64 | 3/63 | 5/55 | |
| Quartile | 1 | 1 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| HSBC HOLDINGS | 10.00 |
| SHELL | 9.17 |
| GSK | 7.05 |
| BARCLAYS | 5.90 |
| LLOYDS BANKING GROUP | 4.67 |
| LAND SECURITIES GROUP | 3.94 |
| STANDARD LIFE | 3.92 |
| GLENCORE | 3.82 |
| VOLKSWAGEN AKTIENGESELLSCHAFT | 3.67 |
| BNP PARIBAS SA | 3.23 |
| Total | 55.37 |
Fund Aims
The objective of the Sub-Fund is to generate distributions over an annual period together with long term capital growth. The Sub-Fund will invest predominantly in companies listed or located in the UK. The Sub-Fund may also invest in collective investment schemes (including but not limited to another Sub-Fund or Sub-Funds of the Company). Derivatives may be used for efficient portfolio management only.
Fund Manager
Tim is the lead portfolio manager for the UK Equity and Sustainable UK Opportunities strategies. Tim joined Newton in 2004, and prior to his current role, was a global research analyst for 16 years, after which he co-managed the UK Equity Income strategy. Prior to joining Newton, Tim worked as an equity analyst at Insight Investment, covering the chemicals and support services sectors.
Tim has a Master of Chemistry degree from the University of Oxford and is a CFA charterholder. Outside of work, Tim enjoys reading about Austrian economics and helps with coaching the children at his village cricket club.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
David Cumming joined Newton as head of UK equities in March 2022. David heads up the UK equity strategies and is lead portfolio manager of the UK Equity Income strategy.
David has been an active UK equity manager for more than 40 years. He was most recently Chief Investment Officer of Equities at Aviva Investors. Before that, he was Head of Equities at Standard Life Investments, and prior to that was a portfolio manager at Morgan Grenfell, Manufacturers Life and Edinburgh Fund Managers, having begun his career as an investment analyst at Royal London Mutual. He has an MA (Hons) in Economics and Accounting.
Fund Overview
| Mid (02/04/2026) | 346.18p |
| Historic yield | 3.74% |
| Fund size (31/01/2026) | £1881.33m |
| Number of holdings | 40 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.81% |
| Launch date | 04/09/2012 |
Asset Allocation
| UK Equities | 72.12% | |
| International Equities | 21.78% | |
| Property | 5.21% | |
| Cash and Equivalents | 0.89% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Asset Allocation
| UK Equities | 72.12% | |
| International Equities | 21.78% | |
| Property | 5.21% | |
| Cash and Equivalents | 0.89% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 31.80% | - | - | - | |
| Banks | - | 23.80% | - | - | |
| Banks | - | - | 23.80% | - | |
| Banks | - | - | - | 23.80% | |
| Insurance | - | 6.77% | - | - | |
| Life Insurance | - | - | 5.66% | - | |
| Life Insurance | - | - | - | 5.66% | |
| Non-life Insurance | - | - | 1.11% | - | |
| Reinsurance | - | - | - | 1.11% | |
| Financial Services | - | 1.23% | - | - | |
| Investment Banking & Brokerage Services | - | - | 1.23% | - | |
| Asset Managers & Custodians | - | - | - | 1.23% | |
| Consumer Discretionary | 21.91% | - | - | - | |
| Travel & Leisure | - | 6.59% | - | - | |
| Travel & Leisure | - | - | 6.59% | - | |
| Airlines | - | - | - | 3.06% | |
| Hotels & Motels | - | - | - | 2.10% | |
| Restaurants & Bars | - | - | - | 1.42% | |
| Automobiles & Parts | - | 5.53% | - | - | |
| Automobiles & Parts | - | - | 5.53% | - | |
| Automobiles | - | - | - | 5.53% | |
| Consumer Products & Services | - | 4.86% | - | - | |
| Household Goods & Home Construction | - | - | 4.86% | - | |
| Home Construction | - | - | - | 4.86% | |
| Media | - | 3.09% | - | - | |
| Media | - | - | 3.09% | - | |
| Media Agencies | - | - | - | 3.09% | |
| Retail | - | 1.84% | - | - | |
| Retailers | - | - | 1.84% | - | |
| Diversified Retailers | - | - | - | 1.16% | |
| Home Improvement Retailers | - | - | - | 0.68% | |
| Energy | 11.93% | - | - | - | |
| Energy | - | 11.93% | - | - | |
| Non-Renewable Energy | - | - | 11.93% | - | |
| Integrated Oil & Gas | - | - | - | 10.68% | |
| Offshore Drilling & Other Services | - | - | - | 1.25% | |
| Industrials | 9.77% | - | - | - | |
| Industrial Goods & Services | - | 6.78% | - | - | |
| Industrial Engineering | - | - | 2.81% | - | |
| Machinery: Industrial | - | - | - | 2.81% | |
| Industrial Support Services | - | - | 2.02% | - | |
| Professional Business Support Services | - | - | - | 1.10% | |
| Business Training & Employment Agencies | - | - | - | 0.93% | |
| General Industrials | - | - | 1.95% | - | |
| Containers & Packaging | - | - | - | 1.95% | |
| Construction & Materials | - | 2.98% | - | - | |
| Construction & Materials | - | - | 2.98% | - | |
| Building Materials: Other | - | - | - | 2.98% | |
| Health Care | 8.05% | - | - | - | |
| Health Care | - | 8.05% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 7.05% | - | |
| Pharmaceuticals | - | - | - | 7.05% | |
| Medical Equipment & Services | - | - | 0.99% | - | |
| Medical Equipment | - | - | - | 0.99% | |
| Basic Materials | 7.41% | - | - | - | |
| Basic Resources | - | 3.82% | - | - | |
| Industrial Metals & Mining | - | - | 3.82% | - | |
| General Mining | - | - | - | 3.82% | |
| Chemicals | - | 3.59% | - | - | |
| Chemicals | - | - | 3.59% | - | |
| Chemicals: Diversified | - | - | - | 2.20% | |
| Specialty Chemicals | - | - | - | 1.39% | |
| Real Estate | 5.21% | - | - | - | |
| Real Estate | - | 5.21% | - | - | |
| Real Estate Investment Trusts | - | - | 5.21% | - | |
| Diversified REITs | - | - | - | 3.94% | |
| Retail REITs | - | - | - | 1.27% | |
| Telecommunications | 1.78% | - | - | - | |
| Telecommunications | - | 1.78% | - | - | |
| Telecommunications Service Providers | - | - | 1.78% | - | |
| Telecommunications Services | - | - | - | 1.78% | |
| Non-Classified | 1.26% | - | - | - | |
| Cash and Equivalents | 0.89% | - | - | - | |
Regional Allocation
| UK | 72.12% | |
| Developed Europe - Excl UK | 21.78% | |
| Property | 5.21% | |
| Cash and Equivalents | 0.89% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 98.87% | |
| Swiss Franc | 1.01% | |
| Cash | 0.13% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 72.12% | - | |
United Kingdom
|
- | 72.12% | |
| Developed Europe - Excl UK | 21.78% | - | |
France
|
- | 11.62% | |
Germany
|
- | 4.86% | |
Spain
|
- | 1.51% | |
Netherlands
|
- | 1.39% | |
Norway
|
- | 1.25% | |
Luxembourg
|
- | 1.16% | |
| Property | 5.21% | - | |
| Cash and Equivalents | 0.89% | - | |
Breakdown By Market Cap (%)
| Mega |
|
27.63% |
| Large |
|
20.09% |
| Medium |
|
12.09% |
| Small |
|
1.96% |
| Non-Classified |
|
37.34% |
| Cash |
|
0.89% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | HSBC HOLDINGS | 10.00% | Banks | United Kingdom |
| 2 | SHELL | 9.17% | Non-Renewable Energy | United Kingdom |
| 3 | GSK | 7.05% | Pharmaceuticals & Biotechnology | United Kingdom |
| 4 | BARCLAYS | 5.90% | Banks | United Kingdom |
| 5 | LLOYDS BANKING GROUP | 4.67% | Banks | United Kingdom |
| 6 | LAND SECURITIES GROUP | 3.94% | Real Estate Investment Trusts | Direct Property and REITs |
| 7 | STANDARD LIFE | 3.92% | Life Insurance | United Kingdom |
| 8 | GLENCORE | 3.82% | Industrial Metals & Mining | United Kingdom |
| 9 | VOLKSWAGEN AKTIENGESELLSCHAFT | 3.67% | Automobiles & Parts | Germany |
| 10 | BNP PARIBAS SA | 3.23% | Banks | France |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Telecommunications | 1.78% | - | - | - | - | - | - | - | 1.78% |
| Financials | 27.46% | 4.34% | - | - | - | - | - | - | 31.80% |
| Real Estate | - | - | - | - | - | 5.21% | - | - | 5.21% |
| Consumer Discretionary | 12.20% | 9.70% | - | - | - | - | - | - | 21.91% |
| Energy | 9.17% | 2.75% | - | - | - | - | - | - | 11.93% |
| Health Care | 8.05% | - | - | - | - | - | - | - | 8.05% |
| Industrials | 7.27% | 2.50% | - | - | - | - | - | - | 9.77% |
| Basic Materials | 4.93% | 2.49% | - | - | - | - | - | - | 7.41% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.89% | 0.89% |
| Non-Classified | 1.26% | - | - | - | - | - | - | - | 1.26% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | B7M90R0 |
| Mex Code | RSINCO |
| Isin Code | GB00B7M90R07 |
| Citi Code | GQ4O |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.81% |
Aims and Benchmark
| Aims | The objective of the Sub-Fund is to generate distributions over an annual period together with long term capital growth. The Sub-Fund will invest predominantly in companies listed or located in the UK. The Sub-Fund may also invest in collective investment schemes (including but not limited to another Sub-Fund or Sub-Funds of the Company). Derivatives may be used for efficient portfolio management only. |
| Benchmark | FTSE All-Share TR |
| Benchmark Category | - |
| IA Sector | UK Equity Income |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | ICVC |
| Launch price | £0.24 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Quarterly |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 02 January | 28 February |
| 03 April | 31 May |
| 03 July | 31 August |
| 02 October | 30 November |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | The National Westminster Bank plc |
| Fund Administrator | Bank of New York Mellon (International) Limited |
| Fund Registrar | BNY Mellon Fund Managers Limited |
| Fund Custodian | The National Westminster Bank plc |
Group Details
| Group name | BNY Mellon Fund Management (Luxembourg) S.A. |
| Group address | BNY Mellon Asset Management International Limited The Bank of New York Mellon Centre 160 Queen Victoria Street London EC4V 4LA United Kingdom |
| Group telephone | 0500 66 00 00 |
| Dealing telephone | - |
| - | |
| Homepage | www.bnymellonam.com |
| Fax number | - |
Dealing
| Minimum Investment | £10000000 |
| Minimum Top Up | £0 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 4 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 2.46 |
| Beta | 1.17 |
| Sharpe | 0.92 |
| Standard Deviation | 12.02 |
| Info Ratio | 0.94 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | Yes |
| Emerging Markets | No |
| Concentrated Portfolio | Yes |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | No |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | Yes |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Charges to Capital
Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).
Concentrated Portfolio
The fund may invest in a relatively smaller number of stocks. This stock concentration may carry more risk than funds spread across a larger number of companies.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Umbrella Liabilities
If the liabilities of one fund were to exceed its assets, the other funds within the scheme might have to transfer across money to cover the liabilities.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. Fund Performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client's investment may go down as well as up and the fund value may be less than the payments your client has made. Please also note that our charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.