BNY Mellon Global Property Securities Fund

As at 31 December 2009

Investment objective

The Sub-Fund aims to maximise total returns from long term capital growth and income through investment primarily (meaning at least three-quarters of the Sub-Fund’s total assets*) in a diversified portfolio of real estate related securities listed or traded on Recognised Exchanges worldwide including listed Real Estate Investment Trusts (REITs), listed Real Estate Operating Companies (REOCs) and equity securities of companies whose principal business is the ownership, management and/or development of income producing and for-sale real estate.

*Total assets means the Net Asset Value of the Sub-Fund plus its liabilities (but after deduction of cash and ancillary liquidities)

General information

Total net assets (million)
€ 8.79
Lipper sector
UK Offshore - Property
Index
FTSE EPRA/NAREIT Developed Index
Fund domicile
Dublin
Fund type
ICVC
Fund manager
Dedicated Team
Base currency
EUR
Currencies available
EUR, USD, GBP

Key dates

Fund launch
23 Apr 2008
Close of financial year
31 Dec

BNY Mellon Asset Management Company

Urdang Securities Management: Urdang is one of the leading specialist asset managers of real estate strategies. The company has a value-oriented investment approach which combines fundamental and quantitative analysis using its proprietary Relative Value Model.

Dealing

09:00 to 17:00 each business day

Valuation point: 12:00 Dublin time

General
 
Share class launch date
23 Apr 2008
Minimum investment
€ 5,000
Annual management charge
2.00%
Codes
 
ISIN
IE00B2PPLQ62
Bloomberg
MEGPSAE ID
Registered for sale in:
IRL, UK, ES
General
 
Share class launch date
23 Apr 2008
Minimum investment
€ 5,000,000
Annual management charge
1.00%
Maximum initial charge
5.00%
Codes
 
ISIN
IE00B2PPLS86
Bloomberg
MEGPSCE ID
Registered for sale in:
IRL, IT, NO, NL, UK, GUE, GIB, ES, FR, DE, CH, AT
General
 
Share class launch date
23 Apr 2008
Minimum investment
$ 5,000
Annual management charge
2.00%
Codes
 
ISIN
IE00B2PPLR79
Bloomberg
MEGPSAU ID
Registered for sale in:
IRL, UK, GUE, NO, NL, GIB, ES, FR, DE, CH
General
 
Share class launch date
21 Apr 2008
Minimum investment
$ 5,000,000
Annual management charge
1.00%
Codes
 
ISIN
IE00B2PPLT93
Bloomberg
MEGPSCU ID
Registered for sale in:
IRL, UK, ES

Fund Specific Important Information

The index was renamed on 23 March 2009 and was formerly known as the FTSE EPRA/NAREIT Global Real Estate Index.

Performance record since launch

Source: Lipper as at 31 December 2009. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in Fund - EUR C share class currency.

-16.80
BNY Mellon Global Property Securities Fund
-19.71
FTSE EPRA/NAREIT Developed Index

PerformancetoAnnualised
1 month3 months6 monthsYTD1 year3 years5 years3 years5 years

Source: Lipper as at 31 December 2009. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in share class currency.

Fund - EUR C share class10.407.0527.2235.0435.04
Fund - EUR A share class10.326.7926.5833.7233.72
FTSE EPRA/NAREIT Developed 8.426.3527.6633.9433.94-38.204.61-14.780.90
Sector average6.245.9526.3048.7448.74-49.93-28.14-22.22-9.54
Fund - USD A share class5.654.8629.0837.7237.72
Fund - USD C share class5.755.1129.7239.1039.10
FTSE EPRA/NAREIT Developed 3.614.4030.5838.2638.26-32.7510.43-12.362.00
Sector average1.534.0029.1953.5453.54-45.52-24.14-20.00-8.55
Ranking of fund in sector1218262121
No. of funds in sector5151515151
Quartile rank12222

Statutory performance data updated quarterly

From31 Dec 0831 Dec 0729 Dec 0630 Dec 0531 Dec 04
To31 Dec 0931 Dec 0831 Dec 0729 Dec 0630 Dec 05

Source: Lipper as at 31 December 2009. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in Fund - EUR C share class currency.

Fund35.0%

Calendar Performance

20092008200720062005

Source: Lipper as at 31 December 2009. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in Fund - EUR C share class currency.

Fund35.04----
Index33.94----
Quartile Rank2----

Portfolio holdings are subject to change at any time without notice. The information provided is for illustrative purposes only and should not be construed as a recommendation to purchase or sell any security.

Historical fund statistics - 3 years

(Historical fund statistics are not available for funds that have a track record of less than 3 years)

Dealing & Statutory literature