BNY MELLON RESPONSIBLE HORIZONS UK CORPORATE BOND

The Sub-Fund seeks to generate a return through a combination of income and capital returns, whilst taking environmental, social and governance (“ESG”) factors into account. To achieve its investment objective, the Sub-Fund will typically invest at least 80% of its assets directly or indirectly in sterling denominated (or hedged back to sterling) investment grade corporate bond securities and asset backed securities. Investment may be in both fixed and variable rate debt instruments. When making investment decisions, the Investment Manager will formally take environmental, social and governance (“ESG”) factors into account and will assess the overall suitability of an issuer based on an ESG score. The Sub-Fund will seek to obtain exposure to issuers with strong ESG scores and will therefore tilt the portfolio to issuers with higher scores.