BNY Mellon Global Bond Fund
As at 31 May 2010
Fund Profile
An award winning combination of active duration, yield curve and currency management
Fund highlights:
- Managed by top-tier London asset management firm, Newton.
- The fund aims to outperform the benchmark by 2% to 3% per annum for an acceptable level of risk
- The fund management team has received over 20 awards over the last three years
Investment objective
The Sub-Fund aims to maximise total returns from income and capital growth through investment primarily (meaning at least 90% of the Sub-Fund's assets) in a portfolio of international sovereign, government, agency, corporate, bank and asset backed debt and debt-related securities and in derivatives.
| Share Class Table | ||||
|---|---|---|---|---|
| EUR A | EUR C | EUR H | EUR I | |
| Share Class Launch Date | 02 Jan 2002 | 02 Jul 2002 | 25 May 2007 | 25 May 2007 |
| Sedol | 0392172 | 0393238 | B1XKC85 | B1XKC96 |
| ISIN | IE0003921727 | IE0003932385 | IE00B1XKC854 | IE00B1XKCC961 |
| Bloomberg | MELINAE ID | MELINCE ID | MEGBEHH ID | MEGBEIH ID |
| Valoren | CH1332389 | CH1332451 | CH3138807 | CH3138786 |
| WKN | 693851 | 693853 | TESTDATA | A0MXGD |
| Max Initial Charge | 5% | 5% | 5% | 5% |
| Annual Mgt Charge | 1.00% | 0.50% | 1.00% | 0.50% |
| Min Initial Investment | € 5,000 | € 5,000,000 | € 5,000 | € 5,000,000 |
| Performance Fee | 0.00% | 0.00% | 0.00% | 0.00% |
General information
- Total net assets (million)
- $ 912.52
- Lipper sector
- LGC - Global Bonds / Offshore USD based only
- Index
- JP Morgan Global Govt Bond Index - unhedged USD
- Fund domicile
- Dublin
- Fund type
- ICVC
- Fund manager
- Paul Brain
- Alternate
- Howard Cunningham / Jon Day
- Base currency
- USD
- Currencies available
- EUR, USD, GBP
Key dates
- Fund launch
- 28 Feb 1987
- Close of financial year
- 31 Dec
BNY Mellon Asset Management Company
Newton Investment Management: Newton pursues a distinctive global thematic investment approach and provides added value from extensive proprietary research.
Dealing
09:00 to 17:00 each business day
Valuation point: 12:00 Dublin time
Shareclass EUR A
- General
- Share class launch date
- 02 Jan 2002
- Minimum investment
- € 5,000
- Annual management charge
- 1.00%
- Maximum initial charge
- 5.00%
- Codes
- ISIN
- IE0003921727
- Bloomberg
- MELINAE ID
- Sedol
- 0392172
- Valoren
- CH1332389
- WKN
- 693851
- Performance Fee
- 0.00%
- Registered for sale in:
- DE, PE, NL, IT, GUE, UK, FR, CH, NO, CL, BE, JER, ES, TW, GIB, AT
Shareclass EUR C
- General
- Share class launch date
- 02 Jul 2002
- Minimum investment
- € 5,000,000
- Annual management charge
- 0.50%
- Maximum initial charge
- 5.00%
- Codes
- ISIN
- IE0003932385
- Bloomberg
- MELINCE ID
- Sedol
- 0393238
- Valoren
- CH1332451
- WKN
- 693853
- Performance Fee
- 0.00%
- Registered for sale in:
- DE, IRL, NL, GUE, UK, FR, CH, NO, JER, ES, GIB, AT
Shareclass EUR H
- General
- Share class launch date
- 25 May 2007
- Minimum investment
- € 5,000
- Annual management charge
- 1.00%
- Maximum initial charge
- 5.00%
- Codes
- ISIN
- IE00B1XKC854
- Bloomberg
- MEGBEHH ID
- Sedol
- B1XKC85
- Valoren
- CH3138807
- WKN
- TESTDATA
- Performance Fee
- 0.00%
- Registered for sale in:
- TE, ST, DA, TA, PLE, ASE, ED, IT
Shareclass EUR I
- General
- Share class launch date
- 25 May 2007
- Minimum investment
- € 5,000,000
- Annual management charge
- 0.50%
- Maximum initial charge
- 5.00%
- Codes
- ISIN
- IE00B1XKCC961
- Bloomberg
- MEGBEIH ID
- Sedol
- B1XKC96
- Valoren
- CH3138786
- WKN
- A0MXGD
- Performance Fee
- 0.00%
- Registered for sale in:
- IRL, FR, DE, GIB, GUE, JER, IT, NL, NO, ES, CH, UK
Shareclass USD A
- General
- Share class launch date
- 10 Dec 2001
- Minimum investment
- $ 5,000
- Annual management charge
- 1.00%
- Maximum initial charge
- 5.00%
- Codes
- ISIN
- IE0003924739
- Bloomberg
- MELINA1 ID
- Sedol
- 0392473
- Valoren
- CH1332404
- WKN
- 798118
- Registered for sale in:
- DE, NL, IT, GUE, PT, UK, FR, CH, NO, JER, HK, ES, TW, GIB, IRL
Shareclass USD C
- General
- Share class launch date
- 19 Dec 2001
- Minimum investment
- $ 5,000,000
- Annual management charge
- 0.50%
- Maximum initial charge
- 5.00%
- Codes
- ISIN
- IE0003932492
- Bloomberg
- MELINC1 ID
- Sedol
- 0393249
- Valoren
- CH1332458
- WKN
- 798120
- Registered for sale in:
- DE, IRL, NL, IT, GUE, UK, FR, CH, NO, JER, HK, ES, GIB
Fund Specific Important Information
| Performance record over 5 years | ||||||||
|---|---|---|---|---|---|---|---|---|
|
Source: Lipper as at 31 May 2010. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in Fund - USD A share class currency. |
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|
|
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| Performanceto | Annualised | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 month | 3 months | 6 months | YTD | 1 year | 3 years | 5 years | 3 years | 5 years | |||
|
Source: Lipper as at 31 May 2010. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in share class currency. |
|||||||||||
| Fund - USD A share class | -0.69 | -1.48 | -5.64 | -1.12 | 4.54 | 16.64 | 23.24 | 5.26 | 4.26 | ||
| Fund - USD C share class | -0.65 | -1.35 | -5.45 | -0.96 | 5.04 | 18.37 | 26.33 | 5.78 | 4.78 | ||
| JP Morgan Global | -0.73 | -2.43 | -6.59 | -1.69 | 2.27 | 24.21 | 26.67 | 7.49 | 4.84 | ||
| Sector average | -1.54 | -0.71 | -1.95 | 0.01 | 8.56 | 16.68 | 22.41 | 5.21 | 4.07 | ||
| Fund - EUR A share class | 7.56 | 8.89 | 15.39 | 15.80 | 19.89 | 27.49 | 23.52 | 8.42 | 4.31 | ||
| Fund - EUR C share class | 7.58 | 9.04 | 15.77 | 16.10 | 20.50 | 29.41 | 26.65 | 8.97 | 4.84 | ||
| Fund - EUR H share class | -0.72 | -1.45 | -5.71 | -1.26 | 4.54 | 17.74 | – | 5.59 | – | ||
| Fund - EUR I share class | -0.76 | -1.42 | -5.55 | -1.10 | 4.78 | 18.57 | – | 5.84 | – | ||
| JP Morgan Global | 7.57 | 8.51 | 14.29 | 14.96 | 17.97 | 36.22 | 27.47 | 10.84 | 4.97 | ||
| Sector average | 6.70 | 10.43 | 19.97 | 16.94 | 25.22 | 27.96 | 23.18 | 8.50 | 4.20 | ||
| Ranking of fund in sector | 30 | 61 | 81 | 65 | 73 | 43 | 29 | 43 | 29 | ||
| No. of funds in sector | 115 | 112 | 106 | 108 | 98 | 77 | 66 | 77 | 66 | ||
| Quartile rank | 2 | 3 | 4 | 3 | 3 | 3 | 2 | 3 | 2 | ||
Statutory performance data updated quarterly
| From | 31 Mar 09 | 31 Mar 08 | 30 Mar 07 | 31 Mar 06 | 31 Mar 05 |
|---|---|---|---|---|---|
| To | 31 Mar 10 | 31 Mar 09 | 31 Mar 08 | 30 Mar 07 | 31 Mar 06 |
|
Source: Lipper as at 31 May 2010. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in Fund - USD A share class currency. |
|||||
| Fund | 8.3% | -8.1% | 17.8% | 8.0% | -2.9% |
Calendar Performance
| 2009 | 2008 | 2007 | 2006 | 2005 | |
|---|---|---|---|---|---|
|
Source: Lipper as at 31 May 2010. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in Fund - USD A share class currency. |
|||||
| Fund | 3.59 | 4.36 | 10.00 | 5.52 | -4.64 |
| Index | 1.90 | 12.00 | 10.81 | 5.94 | -6.53 |
| Quartile Rank | 4 | 2 | 1 | 2 | 2 |
Holdings and Risk
Portfolio holdings are subject to change at any time without notice, are for information purposes only and should not be construed as investment recommendations.
Historical fund statistics - 3 years
- Jensen alpha
- -0.20
- Beta
- 1.07
- Correlation to benchmark
- 0.96
- Annualised information ratio
- -0.54
- Annualised Sharpe ratio
- 0.28
- Annualised tracking error
- 3.89
- R²
- 0.85