BNY Mellon Multi-Asset Income (GB) Class W Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 30/11/20 to 30/11/21 |
30/11/21 to 30/11/22 |
30/11/22 to 30/11/23 |
30/11/23 to 30/11/24 |
30/11/24 to 30/11/25 |
|
|---|---|---|---|---|---|
| Fund | 12.1% | 4.3% | -1.8% | 10.3% | 12.8% |
| Sector | 11.9% | -7.4% | 2.2% | 14.9% | 9.9% |
| Rank | 94/176 | 4/187 | 183/193 | 197/207 | 28/217 |
| Quartile | 3 | 1 | 4 | 4 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/11/25 |
5 Years to 30/11/25 |
10 Years to 30/11/25 |
||
| Fund | 6.9% | 7.4% | 7.5% | |
| Sector | 8.9% | 6.0% | 6.3% | |
| Rank | 162/193 | 51/176 | 22/112 | |
| Quartile | 4 | 2 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 2.70 |
| 3½% Treasury Gilt 2045 | 2.14 |
| BRITISH AMERICAN TOBACCO P.L.C. | 1.92 |
| DEXUS | 1.89 |
| PHOENIX GROUP HOLDINGS | 1.63 |
| AIA GROUP LIMITED | 1.58 |
| 4¼% Treasury Gilt 2039 | 1.55 |
| B&M EUROPEAN VALUE RETAIL SA | 1.53 |
| USA Treasury Bonds 2.875% 15/05/2043 USD100 | 1.52 |
| Gravis Capital Management Ltd GCP Infrastructure Investments Ltd Ord GBP0.01 | 1.42 |
| Total | 17.86 |
Fund Aims
The investment objective is to provide income with the potential for capital growth over the longer term.
Fund Manager
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 (17/12/2025) | 207.05p |
| Historic yield | 4.22% |
| Fund size (30/09/2025) | £302.34m |
| Number of holdings | 135 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.73% |
| Launch date | 04/02/2015 |
Asset Allocation
| International Equities | 42.70% | |
| UK Equities | 16.43% | |
| Investment Trusts | 11.50% | |
| International Bonds | 11.44% | |
| UK Gilts | 6.80% | |
| Cash and Equivalents | 4.06% | |
| UK Corporate Bonds | 2.43% | |
| Property | 1.68% | |
| Alternative Trading Strategies | 1.42% | |
| Other Assets | 1.54% |
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.
Asset Allocation
| International Equities | 42.70% | |
| UK Equities | 16.43% | |
| Investment Trusts | 11.50% | |
| International Bonds | 11.44% | |
| UK Gilts | 6.80% | |
| Cash and Equivalents | 4.06% | |
| UK Corporate Bonds | 2.43% | |
| Property | 1.68% | |
| Alternative Trading Strategies | 1.42% | |
| Other Assets | 1.54% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 26.69% | - | - | - | |
| Financial Services | - | 16.06% | - | - | |
| Equity Investment Instruments | - | - | 11.50% | - | |
| Equity Investment Instruments | - | - | - | 11.50% | |
| Investment Banking & Brokerage Services | - | - | 3.85% | - | |
| Investment Services | - | - | - | 3.10% | |
| Asset Managers & Custodians | - | - | - | 0.75% | |
| Nonequity Investment Instruments | - | - | 0.63% | - | |
| Nonequity Investment Instruments | - | - | - | 0.63% | |
| Finance & Credit Services | - | - | 0.09% | - | |
| Consumer Lending | - | - | - | 0.09% | |
| Insurance | - | 6.91% | - | - | |
| Life Insurance | - | - | 4.19% | - | |
| Life Insurance | - | - | - | 4.19% | |
| Non-life Insurance | - | - | 2.72% | - | |
| Full Line Insurance | - | - | - | 1.80% | |
| Reinsurance | - | - | - | 0.92% | |
| Banks | - | 3.72% | - | - | |
| Banks | - | - | 3.72% | - | |
| Banks | - | - | - | 3.72% | |
| Bonds | 20.66% | - | - | - | |
| Industrials | 11.36% | - | - | - | |
| Industrial Goods & Services | - | 9.33% | - | - | |
| Industrial Transportation | - | - | 4.20% | - | |
| Transportation Services | - | - | - | 1.93% | |
| Delivery Services | - | - | - | 1.03% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.93% | |
| Marine Transportation | - | - | - | 0.30% | |
| Industrial Support Services | - | - | 1.91% | - | |
| Industrial Suppliers | - | - | - | 1.24% | |
| Professional Business Support Services | - | - | - | 0.66% | |
| Electronic & Electrical Equipment | - | - | 1.54% | - | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.68% | |
| Electronic Equipment: Other | - | - | - | 0.61% | |
| Electrical Components | - | - | - | 0.25% | |
| Aerospace & Defence | - | - | 1.15% | - | |
| Defense | - | - | - | 1.15% | |
| General Industrials | - | - | 0.54% | - | |
| Diversified Industrials | - | - | - | 0.54% | |
| Construction & Materials | - | 2.04% | - | - | |
| Construction & Materials | - | - | 2.04% | - | |
| Engineering & Contracting Services | - | - | - | 1.19% | |
| Cement | - | - | - | 0.43% | |
| Building: Climate Control | - | - | - | 0.41% | |
| Consumer Discretionary | 7.00% | - | - | - | |
| Retail | - | 2.78% | - | - | |
| Retailers | - | - | 2.78% | - | |
| Diversified Retailers | - | - | - | 1.53% | |
| Apparel Retailers | - | - | - | 1.25% | |
| Media | - | 1.92% | - | - | |
| Media | - | - | 1.92% | - | |
| Media Agencies | - | - | - | 1.01% | |
| Radio & TV Broadcasters | - | - | - | 0.91% | |
| Consumer Products & Services | - | 1.13% | - | - | |
| Personal Goods | - | - | 0.82% | - | |
| Clothing & Accessories | - | - | - | 0.82% | |
| Household Goods & Home Construction | - | - | 0.32% | - | |
| Home Construction | - | - | - | 0.32% | |
| Travel & Leisure | - | 0.63% | - | - | |
| Travel & Leisure | - | - | 0.63% | - | |
| Restaurants & Bars | - | - | - | 0.63% | |
| Automobiles & Parts | - | 0.54% | - | - | |
| Automobiles & Parts | - | - | 0.54% | - | |
| Automobiles | - | - | - | 0.54% | |
| Technology | 6.88% | - | - | - | |
| Technology | - | 6.88% | - | - | |
| Technology Hardware & Equipment | - | - | 5.15% | - | |
| Semiconductors | - | - | - | 3.71% | |
| Computer Hardware | - | - | - | 0.86% | |
| Production Technology Equipment | - | - | - | 0.59% | |
| Software & Computer Services | - | - | 1.72% | - | |
| Software | - | - | - | 0.94% | |
| Computer Services | - | - | - | 0.78% | |
| Cash and Equivalents | 4.06% | - | - | - | |
| Consumer Staples | 3.87% | - | - | - | |
| Food, Beverage & Tobacco | - | 2.59% | - | - | |
| Tobacco | - | - | 1.92% | - | |
| Tobacco | - | - | - | 1.92% | |
| Beverages | - | - | 0.67% | - | |
| Brewers | - | - | - | 0.67% | |
| Personal Care, Drug & Grocery Stores | - | 1.28% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.28% | - | |
| Nondurable Household Products | - | - | - | 0.99% | |
| Personal Products | - | - | - | 0.30% | |
| Real Estate | 3.57% | - | - | - | |
| Real Estate | - | 3.57% | - | - | |
| Real Estate Investment Trusts | - | - | 3.57% | - | |
| Office REITs | - | - | - | 1.89% | |
| Diversified REITs | - | - | - | 1.21% | |
| Health Care REITs | - | - | - | 0.47% | |
| Utilities | 3.47% | - | - | - | |
| Utilities | - | 3.47% | - | - | |
| Gas, Water & Multi-utilities | - | - | 2.04% | - | |
| Multi-Utilities | - | - | - | 2.04% | |
| Electricity | - | - | 1.43% | - | |
| Alternative Electricity | - | - | - | 0.99% | |
| Conventional Electricity | - | - | - | 0.44% | |
| Health Care | 3.32% | - | - | - | |
| Health Care | - | 3.32% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 1.93% | - | |
| Pharmaceuticals | - | - | - | 1.93% | |
| Medical Equipment & Services | - | - | 1.39% | - | |
| Medical Equipment | - | - | - | 1.39% | |
| Energy | 2.97% | - | - | - | |
| Energy | - | 2.97% | - | - | |
| Non-Renewable Energy | - | - | 2.97% | - | |
| Integrated Oil & Gas | - | - | - | 1.55% | |
| Oil: Crude Producers | - | - | - | 0.96% | |
| Oil Refining and Marketing | - | - | - | 0.46% | |
| Non-Classified | 2.27% | - | - | - | |
| Non-Classified | - | 1.54% | - | - | |
| Non-Classified | - | - | 1.54% | - | |
| Non-Classified | - | - | - | 1.54% | |
| Basic Materials | 1.45% | - | - | - | |
| Basic Resources | - | 1.45% | - | - | |
| Industrial Metals & Mining | - | - | 0.98% | - | |
| General Mining | - | - | - | 0.98% | |
| Industrial Materials | - | - | 0.47% | - | |
| Paper | - | - | - | 0.47% | |
| Alternative Trading Strategies | 1.42% | - | - | - | |
| Alternative Trading Strategies | - | 1.42% | - | - | |
| Alternative Trading Strategies | - | - | 1.42% | - | |
| Alternative Trading Strategies | - | - | - | 1.42% | |
| Telecommunications | 1.00% | - | - | - | |
| Telecommunications | - | 1.00% | - | - | |
| Telecommunications Equipment | - | - | 0.90% | - | |
| Telecommunications Equipment | - | - | - | 0.90% | |
| Telecommunications Service Providers | - | - | 0.10% | - | |
| Telecommunications Services | - | - | - | 0.10% | |
Regional Allocation
| UK | 25.96% | |
| North America | 17.18% | |
| Developed Europe - Excl UK | 14.97% | |
| Non-Classified | 14.50% | |
| Emerging Asia | 10.09% | |
| Australia & New Zealand | 5.16% | |
| South & Central America | 4.59% | |
| Cash and Equivalents | 4.06% | |
| Property | 1.68% | |
| Other Regions | 1.81% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 75.28% | |
| Pound Sterling | 9.31% | |
| US Dollar | 4.74% | |
| Cash | 4.06% | |
| New Zealand Dollar | 1.86% | |
| Brazilian Real | 1.02% | |
| Other Currencies | 3.74% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 25.96% | - | |
United Kingdom
|
- | 25.66% | |
Guernsey
|
- | 0.30% | |
Jersey
|
- | 0.00% | |
| North America | 17.18% | - | |
United States
|
- | 15.55% | |
Canada
|
- | 1.63% | |
| Developed Europe - Excl UK | 14.97% | - | |
Germany
|
- | 3.27% | |
Ireland
|
- | 3.23% | |
France
|
- | 2.97% | |
Luxembourg
|
- | 1.53% | |
Spain
|
- | 1.37% | |
Switzerland
|
- | 1.20% | |
Netherlands
|
- | 0.91% | |
Denmark
|
- | 0.29% | |
Italy
|
- | 0.21% | |
| Non-Classified | 14.50% | - | |
| Emerging Asia | 10.09% | - | |
China
|
- | 3.72% | |
Taiwan
|
- | 3.71% | |
South Korea
|
- | 1.78% | |
India
|
- | 0.69% | |
Indonesia
|
- | 0.19% | |
| Australia & New Zealand | 5.16% | - | |
Australia
|
- | 3.21% | |
New Zealand
|
- | 1.96% | |
| South & Central America | 4.59% | - | |
Mexico
|
- | 2.49% | |
Brazil
|
- | 1.70% | |
Colombia
|
- | 0.25% | |
Peru
|
- | 0.15% | |
| Cash and Equivalents | 4.06% | - | |
| Property | 1.68% | - | |
| Developed Asia | 1.58% | - | |
Hong Kong
|
- | 1.58% | |
Singapore
|
- | 0.01% | |
| Japan | 0.22% | - | |
Japan
|
- | 0.22% | |
Breakdown By Market Cap (%)
| Mega |
|
25.17% |
| Large |
|
11.41% |
| Medium |
|
7.85% |
| Small |
|
5.86% |
| Micro |
|
1.03% |
| Non-Classified |
|
23.96% |
| Bonds |
|
20.66% |
| Cash |
|
4.06% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 2.70% | Technology Hardware & Equipment | Taiwan |
| 2 | 3½% Treasury Gilt 2045 | 2.14% | Bonds | United Kingdom |
| 3 | BRITISH AMERICAN TOBACCO P.L.C. | 1.92% | Tobacco | United Kingdom |
| 4 | DEXUS | 1.89% | Real Estate Investment Trusts | Australia |
| 5 | PHOENIX GROUP HOLDINGS | 1.63% | Life Insurance | United Kingdom |
| 6 | AIA GROUP LIMITED | 1.58% | Life Insurance | Hong Kong |
| 7 | 4¼% Treasury Gilt 2039 | 1.55% | Bonds | United Kingdom |
| 8 | B&M EUROPEAN VALUE RETAIL SA | 1.53% | Retailers | Luxembourg |
| 9 | USA Treasury Bonds 2.875% 15/05/2043 USD100 | 1.52% | Bonds | United States |
| 10 | Gravis Capital Management Ltd GCP Infrastructure Investments Ltd Ord GBP0.01 | 1.42% | Non-Classified | Non-Classified |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 0.78% | 6.10% | - | - | - | - | - | - | 6.88% |
| Telecommunications | - | 1.00% | - | - | - | - | - | - | 1.00% |
| Financials | 3.55% | 11.64% | - | - | - | - | 11.50% | - | 26.69% |
| Real Estate | - | 1.89% | - | - | - | 1.68% | - | - | 3.57% |
| Consumer Discretionary | 1.33% | 5.67% | - | - | - | - | - | - | 7.00% |
| Consumer Staples | 3.20% | 0.67% | - | - | - | - | - | - | 3.87% |
| Energy | 0.89% | 2.09% | - | - | - | - | - | - | 2.97% |
| Utilities | 1.32% | 2.16% | - | - | - | - | - | - | 3.47% |
| Health Care | 0.92% | 2.40% | - | - | - | - | - | - | 3.32% |
| Industrials | 2.74% | 8.63% | - | - | - | - | - | - | 11.36% |
| Basic Materials | 0.98% | 0.47% | - | - | - | - | - | - | 1.45% |
| Cash and Equivalents | - | - | - | - | - | - | - | 4.06% | 4.06% |
| Bonds | - | - | 2.43% | 11.44% | 6.80% | - | - | - | 20.66% |
| Non-Classified | 0.73% | - | - | - | - | - | 2.96% | - | 3.69% |
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 | BP851Q4 |
| Mex Code | - |
| Isin Code | GB00BP851Q49 |
| Citi Code | M40O |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.73% |
Aims and Benchmark
| Aims | The investment objective is to provide income with the potential for capital growth over the longer term. |
| Benchmark | UK Investment Association’s Mixed Investment 40-85% Shares NR Sector Average |
| Benchmark Category | - |
| IA Sector | Mixed Investment 40-85% Shares |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | ICVC |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Monthly |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 02 January | 30 January |
| 01 February | 28 February |
| 01 March | 27 March |
| 03 April | 27 April |
| 02 May | 30 May |
| 01 June | 29 June |
| 03 July | 31 July |
| 01 August | 30 August |
| 01 September | 28 September |
| 02 October | 30 October |
| 01 November | 29 November |
| 01 December | 28 December |
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 | £250 |
| 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.