BNY Mellon Multi-Asset Growth (GB) Class W Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/07/20 to 31/07/21 |
31/07/21 to 31/07/22 |
31/07/22 to 31/07/23 |
31/07/23 to 31/07/24 |
31/07/24 to 31/07/25 |
|
|---|---|---|---|---|---|
| Fund | 30.0% | 3.8% | 4.7% | 8.9% | 11.5% |
| Sector | 19.5% | -4.2% | 1.9% | 10.2% | 8.3% |
| Rank | 13/124 | 11/137 | 30/147 | 114/154 | 19/161 |
| Quartile | 1 | 1 | 1 | 3 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/07/25 |
5 Years to 31/07/25 |
10 Years to 31/07/25 |
||
| Fund | 8.3% | 11.4% | 9.1% | |
| Sector | 6.7% | 6.8% | 6.0% | |
| Rank | 47/147 | 3/124 | 5/84 | |
| Quartile | 2 | 1 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| MICROSOFT CORPORATION | 4.22 |
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 3.14 |
| RELX | 2.80 |
| BARCLAYS | 2.49 |
| ALPHABET | 2.48 |
| BAE SYSTEMS | 2.41 |
| SAP SE | 2.30 |
| SHELL | 2.22 |
| USA Treasury Bonds 2.875% 15/05/2043 USD100 | 2.13 |
| 3½% Treasury Gilt 2045 | 2.13 |
| Total | 26.32 |
Fund Aims
The objective of the Sub-Fund is to achieve capital growth and income from a portfolio of UK and international securities.
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.
Simon is a portfolio manager on the mixed assets and charities team responsible for managing both global equity and multi-asset portfolios.
Simon joined Newton in 2001 and was responsible for research into a number of global industrial sectors before moving to portfolio management. Simon’s experience includes managing global, multi-asset, charity and UK equity portfolios.
Simon is a chartered accountant (ACA) and prior to joining Newton he worked in both audit and insolvency practices at leading accountancy firms. He is a CFA charterholder, a member of the Chartered Institute for Securities and Investment (MCSI), and also holds a BA (Hons) degree in Industrial Economics from the University of Nottingham.
Outside of work, Simon is a keen runner.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
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.
Fund Overview
| Mid (21/08/2025) | 348.18p |
| Historic yield | 1.43% |
| Fund size (30/06/2025) | £2312.68m |
| Number of holdings | 75 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.69% |
| Launch date | 31/08/2012 |
Asset Allocation
| International Equities | 60.18% | |
| UK Equities | 24.74% | |
| International Bonds | 5.83% | |
| Cash and Equivalents | 4.61% | |
| UK Gilts | 2.71% | |
| Commodities | 1.05% | |
| Investment Trusts | 0.39% | |
| UK Corporate Bonds | 0.27% | |
| Alternative Trading Strategies | 0.22% |
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
| International Equities | 60.18% | |
| UK Equities | 24.74% | |
| International Bonds | 5.83% | |
| Cash and Equivalents | 4.61% | |
| UK Gilts | 2.71% | |
| Commodities | 1.05% | |
| Investment Trusts | 0.39% | |
| UK Corporate Bonds | 0.27% | |
| Alternative Trading Strategies | 0.22% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Technology | 20.14% | - | - | - | |
| Technology | - | 20.14% | - | - | |
| Software & Computer Services | - | - | 11.80% | - | |
| Software | - | - | - | 6.52% | |
| Computer Services | - | - | - | 2.80% | |
| Consumer Digital Services | - | - | - | 2.48% | |
| Technology Hardware & Equipment | - | - | 8.34% | - | |
| Semiconductors | - | - | - | 4.95% | |
| Production Technology Equipment | - | - | - | 1.34% | |
| Electronic Components | - | - | - | 1.24% | |
| Computer Hardware | - | - | - | 0.81% | |
| Financials | 15.77% | - | - | - | |
| Insurance | - | 7.88% | - | - | |
| Non-life Insurance | - | - | 4.43% | - | |
| Full Line Insurance | - | - | - | 1.29% | |
| Reinsurance | - | - | - | 1.22% | |
| Insurance Brokers | - | - | - | 1.01% | |
| Property & Casualty Insurance | - | - | - | 0.91% | |
| Life Insurance | - | - | 3.45% | - | |
| Life Insurance | - | - | - | 3.45% | |
| Financial Services | - | 3.99% | - | - | |
| Investment Banking & Brokerage Services | - | - | 3.06% | - | |
| Investment Services | - | - | - | 3.06% | |
| Finance & Credit Services | - | - | 0.53% | - | |
| Financial Data & Systems | - | - | - | 0.53% | |
| Equity Investment Instruments | - | - | 0.39% | - | |
| Equity Investment Instruments | - | - | - | 0.39% | |
| Banks | - | 3.89% | - | - | |
| Banks | - | - | 3.89% | - | |
| Banks | - | - | - | 3.89% | |
| Industrials | 13.57% | - | - | - | |
| Industrial Goods & Services | - | 12.02% | - | - | |
| Industrial Support Services | - | - | 3.35% | - | |
| Industrial Suppliers | - | - | - | 1.34% | |
| Transaction Processing Services | - | - | - | 1.26% | |
| Professional Business Support Services | - | - | - | 0.75% | |
| General Industrials | - | - | 2.87% | - | |
| Diversified Industrials | - | - | - | 2.87% | |
| Aerospace & Defence | - | - | 2.41% | - | |
| Defense | - | - | - | 2.41% | |
| Electronic & Electrical Equipment | - | - | 1.65% | - | |
| Electrical Components | - | - | - | 1.65% | |
| Industrial Transportation | - | - | 0.99% | - | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.99% | |
| Industrial Engineering | - | - | 0.75% | - | |
| Machinery: Industrial | - | - | - | 0.75% | |
| Construction & Materials | - | 1.55% | - | - | |
| Construction & Materials | - | - | 1.55% | - | |
| Building: Climate Control | - | - | - | 1.55% | |
| Consumer Discretionary | 12.26% | - | - | - | |
| Retail | - | 3.74% | - | - | |
| Retailers | - | - | 3.74% | - | |
| Diversified Retailers | - | - | - | 3.74% | |
| Media | - | 3.30% | - | - | |
| Media | - | - | 3.30% | - | |
| Radio & TV Broadcasters | - | - | - | 1.87% | |
| Media Agencies | - | - | - | 1.42% | |
| Consumer Products & Services | - | 2.74% | - | - | |
| Leisure Goods | - | - | 1.33% | - | |
| Consumer Electronics | - | - | - | 1.33% | |
| Consumer Services | - | - | 0.76% | - | |
| Vending & Catering Service | - | - | - | 0.76% | |
| Household Goods & Home Construction | - | - | 0.65% | - | |
| Home Construction | - | - | - | 0.65% | |
| Automobiles & Parts | - | 1.61% | - | - | |
| Automobiles & Parts | - | - | 1.61% | - | |
| Automobiles | - | - | - | 1.61% | |
| Travel & Leisure | - | 0.89% | - | - | |
| Travel & Leisure | - | - | 0.89% | - | |
| Restaurants & Bars | - | - | - | 0.89% | |
| Health Care | 10.52% | - | - | - | |
| Health Care | - | 10.52% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 5.74% | - | |
| Pharmaceuticals | - | - | - | 4.84% | |
| Biotechnology | - | - | - | 0.89% | |
| Medical Equipment & Services | - | - | 4.79% | - | |
| Medical Equipment | - | - | - | 3.57% | |
| Medical Supplies | - | - | - | 1.22% | |
| Bonds | 8.80% | - | - | - | |
| Cash and Equivalents | 4.61% | - | - | - | |
| Utilities | 3.57% | - | - | - | |
| Utilities | - | 3.57% | - | - | |
| Electricity | - | - | 1.93% | - | |
| Conventional Electricity | - | - | - | 1.93% | |
| Gas, Water & Multi-utilities | - | - | 1.64% | - | |
| Multi-Utilities | - | - | - | 1.64% | |
| Basic Materials | 3.31% | - | - | - | |
| Basic Resources | - | 2.21% | - | - | |
| Industrial Metals & Mining | - | - | 2.21% | - | |
| General Mining | - | - | - | 1.17% | |
| Copper | - | - | - | 1.04% | |
| Chemicals | - | 1.10% | - | - | |
| Chemicals | - | - | 1.10% | - | |
| Chemicals: Diversified | - | - | - | 1.10% | |
| Consumer Staples | 2.96% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 2.96% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 2.96% | - | |
| Personal Products | - | - | - | 1.66% | |
| Nondurable Household Products | - | - | - | 1.30% | |
| Energy | 2.59% | - | - | - | |
| Energy | - | 2.59% | - | - | |
| Non-Renewable Energy | - | - | 2.59% | - | |
| Integrated Oil & Gas | - | - | - | 2.59% | |
| Commodities | 1.05% | - | - | - | |
| Commodities | - | 1.05% | - | - | |
| Commodities | - | - | 1.05% | - | |
| Commodities | - | - | - | 1.05% | |
| Telecommunications | 0.62% | - | - | - | |
| Telecommunications | - | 0.62% | - | - | |
| Telecommunications Equipment | - | - | 0.62% | - | |
| Telecommunications Equipment | - | - | - | 0.62% | |
| Alternative Trading Strategies | 0.22% | - | - | - | |
| Alternative Trading Strategies | - | 0.22% | - | - | |
| Alternative Trading Strategies | - | - | 0.22% | - | |
| Alternative Trading Strategies | - | - | - | 0.22% | |
Regional Allocation
| North America | 31.86% | |
| UK | 27.72% | |
| Developed Europe - Excl UK | 17.77% | |
| Emerging Asia | 9.57% | |
| Cash and Equivalents | 4.61% | |
| Australia & New Zealand | 2.56% | |
| Japan | 2.46% | |
| Developed Asia | 1.79% | |
| Commodities | 1.05% | |
| Non-Classified | 0.61% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 86.59% | |
| Cash | 4.61% | |
| US Dollar | 3.27% | |
| Pound Sterling | 2.97% | |
| New Zealand Dollar | 2.56% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 31.86% | - | |
United States
|
- | 31.86% | |
| UK | 27.72% | - | |
United Kingdom
|
- | 27.72% | |
| Developed Europe - Excl UK | 17.77% | - | |
Ireland
|
- | 6.24% | |
Germany
|
- | 3.83% | |
Switzerland
|
- | 3.40% | |
France
|
- | 2.43% | |
Netherlands
|
- | 1.87% | |
| Emerging Asia | 9.57% | - | |
Taiwan
|
- | 3.14% | |
South Korea
|
- | 3.05% | |
China
|
- | 1.97% | |
India
|
- | 1.41% | |
| Cash and Equivalents | 4.61% | - | |
| Australia & New Zealand | 2.56% | - | |
New Zealand
|
- | 2.56% | |
| Japan | 2.46% | - | |
Japan
|
- | 2.46% | |
| Developed Asia | 1.79% | - | |
Hong Kong
|
- | 1.79% | |
| Commodities | 1.05% | - | |
| Non-Classified | 0.61% | - | |
Breakdown By Market Cap (%)
| Mega |
|
51.13% |
| Large |
|
6.88% |
| Medium |
|
1.87% |
| Small |
|
0.39% |
| Non-Classified |
|
26.32% |
| Bonds |
|
8.80% |
| Cash |
|
4.61% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | MICROSOFT CORPORATION | 4.22% | Software & Computer Services | United States |
| 2 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 3.14% | Technology Hardware & Equipment | Taiwan |
| 3 | RELX | 2.80% | Software & Computer Services | United Kingdom |
| 4 | BARCLAYS | 2.49% | Banks | United Kingdom |
| 5 | ALPHABET | 2.48% | Software & Computer Services | United States |
| 6 | BAE SYSTEMS | 2.41% | Aerospace & Defence | United Kingdom |
| 7 | SAP SE | 2.30% | Software & Computer Services | Germany |
| 8 | SHELL | 2.22% | Non-Renewable Energy | United Kingdom |
| 9 | USA Treasury Bonds 2.875% 15/05/2043 USD100 | 2.13% | Bonds | United States |
| 10 | 3½% Treasury Gilt 2045 | 2.13% | Bonds | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 2.80% | 17.34% | - | - | - | - | - | - | 20.14% |
| Telecommunications | - | 0.62% | - | - | - | - | - | - | 0.62% |
| Financials | 3.62% | 11.75% | - | - | - | - | 0.39% | - | 15.77% |
| Consumer Discretionary | 2.18% | 10.08% | - | - | - | - | - | - | 12.26% |
| Consumer Staples | 2.96% | - | - | - | - | - | - | - | 2.96% |
| Energy | 2.59% | - | - | - | - | - | - | - | 2.59% |
| Utilities | 2.64% | 0.93% | - | - | - | - | - | - | 3.57% |
| Health Care | 2.63% | 7.89% | - | - | - | - | - | - | 10.52% |
| Industrials | 4.15% | 9.42% | - | - | - | - | - | - | 13.57% |
| Basic Materials | 1.17% | 2.14% | - | - | - | - | - | - | 3.31% |
| Cash and Equivalents | - | - | - | - | - | - | - | 4.61% | 4.61% |
| Bonds | - | - | 0.27% | 5.83% | 2.71% | - | - | - | 8.80% |
| Non-Classified | - | - | - | - | - | - | 1.27% | - | 1.27% |
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 | B8454P9 |
| Mex Code | RSNAGD |
| Isin Code | GB00B8454P92 |
| Citi Code | GQJE |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.69% |
Aims and Benchmark
| Aims | The objective of the Sub-Fund is to achieve capital growth and income from a portfolio of UK and international securities. |
| Benchmark | IA Flexible Investment |
| Benchmark Category | - |
| IA Sector | Flexible Investment |
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 | Biannually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 02 January | 28 February |
| 03 July | 30 September |
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 | 1.67 |
| Beta | 0.99 |
| Sharpe | 0.66 |
| Standard Deviation | 7.33 |
| Info Ratio | 0.76 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | Yes |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | Yes |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | Yes |
| 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 | Yes |
| Ethical Restrictions | No |
| Liquidity | Yes |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Emerging Markets
The fund invests in emerging markets. Generally less well regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could either increase or decrease. These investments therefore carry more risk.
High Yield Bonds
The fund invests in high yield bonds. High yield bonds carry a greater risk of default than investment grade bonds, and economic conditions and interest rate movements will have a greater effect on their price. Income levels may not be achieved and the income provided may vary.
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.
Exchange Rate
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
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.
Solvency of Bond Issuers
If the fund you choose invests in bonds there is a risk that the issuer may default, resulting in a loss to the portfolio.
Liquidity
This fund can suffer from partial or total illiquidity, which may lead to considerable price fluctuations and the inability to redeem your investment.
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.