Bestinvest Logo
Why us
Planning ahead
Insights
fund

BNY Mellon Global Income Institutional W

Bestinvest LogoTargets a growing income and capital growth from a globally diversified portfolio of equities.

PRICE (INC)

212.55p

PRICE (ACC)

296.49p

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

0.75%

ONGOING CHARGE

0.79%

YIELD

2.7%

1 YEAR
11.53%

Prices as at 18 Aug 2022.

We don’t currently provide commentary on this fund.

Past performance is not an indication of future performance.

Capital at risk.

The fund targets increasing annual distributions together with long-term capital growth by investing predominantly in equities worldwide. Manager Nick Clay invests in large and mid-sized companies that meet his strict yield criteria, combining the recommendations of Newton's global sector analysts with high income ideas selected by his team. The portfolio will also reflect themes such as deleveraging identified by Newton’s strategy group.

Fund summary

SectorGlobal Equity Income
StructureOEIC
LaunchedSeptember 2012
Size£3,354m
Yield2.7%
Charging BasisCapital
Dividends paid28 Feb, 31 May, 31 Aug, 30 Nov

Charges

Standard Initial Charge0%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.75%
Ongoing Charges Figure0.79%

Investment Process

Stocks in this fund must meet strict income criteria: companies can only be bought when their yield is 25% above that of the FTSE World index, and any stock whose yield falls below that of the index is sold. Ideas are primarily derived from the Research Recommended List, a portfolio selected by Newton's London-based analysts. Each analyst specialises in a specific industry, and compares companies worldwide operating in that industry. However, because only a fraction of these recommendations meet the fund’s yield requirement, the three-strong global income team supplement them with ideas sourced themselves or from Newton’s regional income teams. The stock selection process is informed by Newton's strategy group, which attempts to identify long term trends such as the fallout from the credit boom. Analysts and managers focus their research on companies which will benefit from these trends.

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning