BNY Mellon Multi-Asset Diversified Return (GB) Class W Acc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/06/20
to
30/06/21		 30/06/21
to
30/06/22		 30/06/22
to
30/06/23		 30/06/23
to
30/06/24		 30/06/24
to
30/06/25
Fund 16.4% -0.9% 2.6% 8.1% 6.3%
Sector 7.2% -0.7% 1.5% 8.0% 5.7%
Rank 9/59 29/62 29/68 31/68 30/69
Quartile 1 2 2 2 2

Annualised performance

Annualised
3 Years to
30/06/25		 5 Years to
30/06/25		 10 Years to
30/06/25
Fund 5.6% 6.3% 5.5%
Sector 5.0% 4.3% 2.6%
Rank 26/68 12/59 5/41
Quartile 2 1 1

Top 10 Holdings

Stock % Weight
3½% Treasury Gilt 2045 2.71
4¼% Treasury Gilt 2027 2.59
USA Treasury Bonds 2.875% 15/05/2043 USD100 2.42
Brazil (Fed Rep of) 0% LTN 01/01/2030 BRL1000 1.67
Gravis Capital Management Ltd GCP Infrastructure Investments Ltd Ord GBP0.01 1.36
New Zealand Government 2.75% Bds 15/04/2037 NZD 1.31
Australia (Commonwealth) 3.75% Bds 21/04/2037 AUD1000 1.26
MOLSON COORS BEVERAGE COMPANY 1.12
CME GROUP 1.03
Harmony Energy Income Trust plc Harmony Energy Income Trust Ord Shares 1.03
Total 16.48

Fund Aims

The objective of the Sub-Fund is to achieve long-term capital growth in excess of cash (1 Month GBP LIBOR) +3% p.a. over 5 years before fees, from a balanced portfolio diversified across a range of assets. A positive return is not guaranteed and a capital loss may occur.

Fund Manager

Bhavin Shah manager for 8 years and 11 months

Photo of Bhavin Shah Bhavin joined Newton in June 2011 as a portfolio manager in the mixed assets and charities team. Prior to joining Newton, he worked at SG Hambros for seven years where he was responsible for managing client portfolios focused on absolute return and multi-asset strategies. Bhavin is co-lead manager on numerous multi-asset accounts at Newton. In addition to portfolio management responsibilities, Bhavin is a member of the multi-asset Investment Risk Oversight Group. Bhavin holds an MSc in Mathematics with distinction and is a CFA charterholder. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Paul Flood manager for 14 years

Photo of Paul Flood Paul is Head of Mixed Assets Investment at Newton. He is also lead manager of Newton Multi-Asset Diversified Return strategy, the Newton Multi-Asset Income strategy and the Newton Multi-Asset Growth strategy. He also provides leadership and analysis on asset allocation, derivatives and convertible bonds for the wider firm, having spent the earlier part of his career working on strategic asset allocation and derivative strategy. Paul is responsible for generating ideas within alternative assets and has been leading in this area since 2008. He is a member of the macro allocation group and provides feedback to the wider house on strategic and tactical asset allocation. Paul joined Newton in 2004. He is a CFA charterholder and has completed the certificate in quantitative finance (CQF) after passing with distinction. Paul studied Astrophysics at the University of St Andrews and is a keen cyclist and runner, and often participates in marathons. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Fund Overview

Mid (30/06/2025) 202.49p
Historic yield 3.14%
Fund size (30/04/2025) £380.89m
Number of holdings 142
Entry Charge 0.00%
Ongoing Charges 0.71%
Launch date 05/09/2012

Asset Allocation

pie chart
  International Equities 35.22%
  International Bonds 18.08%
  Investment Trusts 16.37%
  UK Equities 12.92%
  UK Gilts 5.29%
  Cash and Equivalents 2.55%
  Commodities 2.39%
  UK Corporate Bonds 2.22%
  Alternative Trading Strategies 1.37%
  Other Assets 3.59%
Portfolio data accurate as at: 30/04/25

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 investment can go down as well as up so you might get back less than you put in.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 35.22%
  International Bonds 18.08%
  Investment Trusts 16.37%
  UK Equities 12.92%
  UK Gilts 5.29%
  Cash and Equivalents 2.55%
  Commodities 2.39%
  UK Corporate Bonds 2.22%
  Alternative Trading Strategies 1.37%
  Other Assets 3.59%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Bonds 25.60% - - -
 
 Financials 24.82% - - -
 
 Financial Services - 20.01% - -
 
 Equity Investment Instruments - - 16.37% -
 
 Equity Investment Instruments - - - 16.37%
 
 Investment Banking & Brokerage Services - - 3.40% -
 
 Investment Services - - - 2.30%
 
 Asset Managers & Custodians - - - 1.10%
 
 Finance & Credit Services - - 0.24% -
 
 Consumer Lending - - - 0.24%
 
 Insurance - 3.35% - -
 
 Non-life Insurance - - 1.82% -
 
 Full Line Insurance - - - 1.12%
 
 Reinsurance - - - 0.70%
 
 Life Insurance - - 1.54% -
 
 Life Insurance - - - 1.54%
 
 Banks - 1.46% - -
 
 Banks - - 1.46% -
 
 Banks - - - 1.46%
 
 Consumer Discretionary 9.95% - - -
 
 Media - 2.88% - -
 
 Media - - 2.88% -
 
 Radio & TV Broadcasters - - - 1.00%
 
 Entertainment - - - 1.00%
 
 Media Agencies - - - 0.87%
 
 Travel & Leisure - 2.21% - -
 
 Travel & Leisure - - 2.21% -
 
 Travel & Tourism - - - 1.13%
 
 Airlines - - - 0.60%
 
 Restaurants & Bars - - - 0.48%
 
 Retail - 1.82% - -
 
 Retailers - - 1.82% -
 
 Diversified Retailers - - - 1.25%
 
 Apparel Retailers - - - 0.57%
 
 Consumer Products & Services - 1.77% - -
 
 Personal Goods - - 0.83% -
 
 Clothing & Accessories - - - 0.83%
 
 Household Goods & Home Construction - - 0.51% -
 
 Home Construction - - - 0.51%
 
 Leisure Goods - - 0.43% -
 
 Consumer Electronics - - - 0.43%
 
 Automobiles & Parts - 1.26% - -
 
 Automobiles & Parts - - 1.26% -
 
 Automobiles - - - 0.97%
 
 Auto Parts - - - 0.29%
 
 Industrials 9.39% - - -
 
 Industrial Goods & Services - 6.97% - -
 
 Industrial Transportation - - 2.88% -
 
 Transportation Services - - - 1.85%
 
 Commercial Vehicle-Equipment Leasing - - - 0.53%
 
 Marine Transportation - - - 0.49%
 
 Industrial Support Services - - 2.08% -
 
 Industrial Suppliers - - - 0.92%
 
 Professional Business Support Services - - - 0.65%
 
 Transaction Processing Services - - - 0.51%
 
 Aerospace & Defence - - 0.73% -
 
 Defense - - - 0.73%
 
 General Industrials - - 0.60% -
 
 Diversified Industrials - - - 0.60%
 
 Industrial Engineering - - 0.34% -
 
 Machinery: Industrial - - - 0.34%
 
 Electronic & Electrical Equipment - - 0.33% -
 
 Electrical Components - - - 0.33%
 
 Construction & Materials - 2.42% - -
 
 Construction & Materials - - 2.42% -
 
 Engineering & Contracting Services - - - 0.93%
 
 Construction - - - 0.60%
 
 Building: Climate Control - - - 0.52%
 
 Cement - - - 0.37%
 
 Non-Classified 5.03% - - -
 
 Non-Classified - 0.77% - -
 
 Non-Classified - - 0.77% -
 
 Non-Classified - - - 0.77%
 
 Health Care 4.19% - - -
 
 Health Care - 4.19% - -
 
 Medical Equipment & Services - - 2.48% -
 
 Medical Equipment - - - 1.42%
 
 Medical Supplies - - - 1.05%
 
 Pharmaceuticals & Biotechnology - - 1.72% -
 
 Pharmaceuticals - - - 0.90%
 
 Biotechnology - - - 0.81%
 
 Energy 3.46% - - -
 
 Energy - 3.46% - -
 
 Non-Renewable Energy - - 3.46% -
 
 Integrated Oil & Gas - - - 1.78%
 
 Oil: Crude Producers - - - 1.02%
 
 Oil Refining and Marketing - - - 0.66%
 
 Consumer Staples 2.86% - - -
 
 Food, Beverage & Tobacco - 2.15% - -
 
 Beverages - - 1.12% -
 
 Brewers - - - 1.12%
 
 Tobacco - - 1.03% -
 
 Tobacco - - - 1.03%
 
 Personal Care, Drug & Grocery Stores - 0.71% - -
 
 Personal Care, Drug & Grocery Stores - - 0.71% -
 
 Nondurable Household Products - - - 0.71%
 
 Cash and Equivalents 2.55% - - -
 
 Commodities 2.39% - - -
 
 Commodities - 2.39% - -
 
 Commodities - - 2.39% -
 
 Commodities - - - 2.39%
 
 Technology 2.39% - - -
 
 Technology - 2.39% - -
 
 Technology Hardware & Equipment - - 2.39% -
 
 Semiconductors - - - 1.08%
 
 Computer Hardware - - - 0.69%
 
 Production Technology Equipment - - - 0.62%
 
 Utilities 2.00% - - -
 
 Utilities - 2.00% - -
 
 Electricity - - 1.48% -
 
 Alternative Electricity - - - 0.99%
 
 Conventional Electricity - - - 0.49%
 
 Gas, Water & Multi-utilities - - 0.51% -
 
 Multi-Utilities - - - 0.51%
 
 Basic Materials 1.77% - - -
 
 Basic Resources - 1.21% - -
 
 Industrial Metals & Mining - - 0.76% -
 
 General Mining - - - 0.76%
 
 Industrial Materials - - 0.45% -
 
 Paper - - - 0.45%
 
 Chemicals - 0.56% - -
 
 Chemicals - - 0.56% -
 
 Chemicals: Diversified - - - 0.56%
 
 Real Estate 1.73% - - -
 
 Real Estate - 1.73% - -
 
 Real Estate Investment Trusts - - 1.73% -
 
 Office REITs - - - 0.91%
 
 Diversified REITs - - - 0.81%
 
 Alternative Trading Strategies 1.37% - - -
 
 Alternative Trading Strategies - 1.37% - -
 
 Alternative Trading Strategies - - 1.37% -
 
 Alternative Trading Strategies - - - 1.37%
 
 Telecommunications 0.52% - - -
 
 Telecommunications - 0.52% - -
 
 Telecommunications Equipment - - 0.52% -
 
 Telecommunications Equipment - - - 0.52%

Regional Allocation

pie chart
  UK 21.45%
  North America 21.21%
  Non-Classified 21.92%
  Developed Europe - Excl UK 11.49%
  Australia & New Zealand 5.77%
  Emerging Asia 5.61%
  South & Central America 4.27%
  Cash and Equivalents 2.55%
  Commodities 2.39%
  Other Regions 3.34%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 71.85%
  Pound Sterling 8.83%
  US Dollar 6.57%
  New Zealand Dollar 3.00%
  Cash 2.55%
  Euro 2.30%
  Other Currencies 4.88%

Regional Breakdown

Expand allCollapse all
Region Country
 
 UK 21.45% -
 
 United Kingdom - 20.44%
 
 Jersey - 0.52%
 
 Guernsey - 0.49%
 
 North America 21.21% -
 
 United States - 19.88%
 
 Canada - 1.33%
 
 Non-Classified 21.92% -
 
 Developed Europe - Excl UK 11.49% -
 
 Ireland - 4.22%
 
 Germany - 1.95%
 
 Switzerland - 1.34%
 
 France - 1.05%
 
 Netherlands - 1.00%
 
 Spain - 0.92%
 
 Denmark - 0.62%
 
 Italy - 0.40%
 
 Australia & New Zealand 5.77% -
 
 New Zealand - 3.00%
 
 Australia - 2.76%
 
 Emerging Asia 5.61% -
 
 China - 2.13%
 
 India - 1.56%
 
 Taiwan - 0.89%
 
 South Korea - 0.86%
 
 Indonesia - 0.17%
 
 South & Central America 4.27% -
 
 Brazil - 2.40%
 
 Mexico - 1.43%
 
 Colombia - 0.43%
 
 Cash and Equivalents 2.55% -
 
 Commodities 2.39% -
 
 Japan 1.57% -
 
 Japan - 1.57%
 
 Developed Asia 0.96% -
 
 Hong Kong - 0.92%
 
 Singapore - 0.05%
 
 Property 0.81% -

Breakdown By Market Cap (%)

Mega
 
 
17.83%
Large
 
 
7.15%
Medium
 
 
7.62%
Small
 
 
6.32%
Micro
 
 
2.53%
Non-Classified
 
 
30.41%
Bonds
 
 
25.60%
Cash
 
 
2.55%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
10.71%
5Yr - 10Yr Maturity
 
 
2.37%
10Yr - 15Yr Maturity
 
 
3.99%
> 15Yr Maturity
 
 
8.52%
Cash And Equivalents
 
 
2.55%
Unknown Maturity
 
 
5.76%
Other Asset Types
 
 
66.09%

Fixed Interest Quality Profile

AAA
 
 
7.63%
AA
 
 
5.29%
A
 
 
0.05%
BBB
 
 
3.15%
Sub-Investment Grade
 
 
2.72%
Unknown Quality
 
 
6.75%
Cash and Equivalents
 
 
2.55%
Other Asset Types
 
 
71.85%

Top 10 Holdings

Stock % Weight Sector Country
1 3½% Treasury Gilt 2045 2.71% Bonds United Kingdom
2 4¼% Treasury Gilt 2027 2.59% Bonds United Kingdom
3 USA Treasury Bonds 2.875% 15/05/2043 USD100 2.42% Bonds United States
4 Brazil (Fed Rep of) 0% LTN 01/01/2030 BRL1000 1.67% Bonds Brazil
5 Gravis Capital Management Ltd GCP Infrastructure Investments Ltd Ord GBP0.01 1.36% Non-Classified Non-Classified
6 New Zealand Government 2.75% Bds 15/04/2037 NZD 1.31% Bonds New Zealand
7 Australia (Commonwealth) 3.75% Bds 21/04/2037 AUD1000 1.26% Bonds Australia
8 MOLSON COORS BEVERAGE COMPANY 1.12% Beverages United States
9 CME GROUP 1.03% Investment Banking & Brokerage Services United States
10 Harmony Energy Income Trust plc Harmony Energy Income Trust Ord Shares 1.03% Non-Classified United Kingdom

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 B81C839
Mex Code RSSETW
Isin Code GB00B81C8395
Citi Code GPQQ

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.71%

Aims and Benchmark

Aims The objective of the Sub-Fund is to achieve long-term capital growth in excess of cash (1 Month GBP LIBOR) +3% p.a. over 5 years before fees, from a balanced portfolio diversified across a range of assets. A positive return is not guaranteed and a capital loss may occur.
Benchmark LIBOR GBP 1 Month
Benchmark Category -
IA Sector Targeted Absolute Return

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type ICVC
Launch price £1.28
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Biannually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
02 January 28 February
03 July 31 August

Ratings

FE Crown Crown Rating of 4

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 -
Email -
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 information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.