Fact sheet: BNY Mellon GlbShrDtHghYldBnd

Fund information
Fund name
BNY Mellon Global Short Dated High Yield Bond A USD
Fund manager company
BNY Mellon Investment Manageme
Fund type
No data available.
Fund managers
  • Ulrich Gerhardsince 30/11/2016
  • Alex Veroudesince 30/11/2016
Fund objective
To deliver positive returns greater than the Cash Benchmark (3 month USD LIBOR ) on a 3 year rolling basis. However, a positive return is not guaranteed and a capital loss may occur.
Benchmark
  • 3 Month USD Libor
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Fixed Int - Global High Yield
Yield
4.9%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.38%
Fund size
£526m (£449m last year)
Top in this sector
Fund name1 Year
Pioneer SICV-Gbl Hi Yld26.1%
Natixis LoomsSyles HInc17.2%
Fidelity Gbl Hi Yld15.4%
Franklin High Yield15.4%
LM WA Gbl Hi Yd14.9%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • USA34.4%
    UK23.2%
    Others13.4%
    Germany4.4%
    Italy4.1%
  • Consumer Services19.7%
    Basic Materials17.7%
    Industrials11.8%
    Oil & Gas11.5%
    Telecommunications10%
  • US Fixed Interest34.4%
    UK Fixed Interest23.2%
    Global Fixed Interest13.4%
    German Fixed Interest4.4%
    Italian Fixed Interest4.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%1.3%----
Sector0.9%1.6%2.5%9.8%9.6%29.2%
Rank within sector65 / 8960 / 86----
Quartile3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.5%----
Sector2.4%11.4%-2.5%1.4%5.2%
Rank within sector64 / 84----
Quartile4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high1.03
52 week low1
Current bid price-
Current offer price-
Current mid price1.03
Region
1USA34.4%
2UK23.2%
3Others13.4%
4Germany4.4%
5Italy4.1%
6France4%
7Brazil3.2%
8Money Market3.1%
9Switzerland2.8%
Industry sector
1Consumer Services19.7%
2Basic Materials17.7%
3Industrials11.8%
4Oil & Gas11.5%
5Telecommunications10%
6Consumer Goods9.2%
7Financials7.7%
8Health Care3.9%
9Money Market3.1%
Asset type
1US Fixed Interest34.4%
2UK Fixed Interest23.2%
3Global Fixed Interest13.4%
4German Fixed Interest4.4%
5Italian Fixed Interest4.1%
6French Fixed Interest4%
7Brazilian Fixed Interest3.2%
8Money Market3.1%
9Swiss Fixed Interest2.8%
Individual holdings
No data available.
Management
Fund manager group
BNY Mellon
Fund manager company
BNY Mellon Investment Manageme
Fund type
No data available.
Fund objective
To deliver positive returns greater than the Cash Benchmark (3 month USD LIBOR ) on a 3 year rolling basis. However, a positive return is not guaranteed and a capital loss may occur.
Benchmark
  • 3 Month USD Libor
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Ulrich Gerhard30/11/2016Uli joined Insight in September 2011 as a Senior Credit Analyst within the Fixed Income Group. He became a Portfolio Manager in June 2012 and now manages the Insight High Yield Bond Fund as well as being responsible for the high yield strategy. Prior to joining Insight, Uli was a senior analyst and portfolio manager at Paternoster Services Ltd where he was responsible for managing investment grade sterling portfolios. Uli started his career in the industry in 1997 with Saudi International Bank (now Gulf International Bank) as an Analyst where his responsibilities included high yield and investment grade credit research and later portfolio management. Uli graduated in 1993 with a BA degree in Chemistry from the University of Kaiserslautern. In 1997 Uli gained a PhD in Organic Chemistry from Cambridge University.
Alex Veroude30/11/2016Alex joined the Fixed Income Group at Insight in July 2007 as Head of Credit, overseeing all credit activities with responsibility also for setting credit strategy. He also became Deputy Head of Fixed Income (New York) in June 2016. Alex oversees a team of more than 40 credit analysts covering corporate issuers (investment grade and high yield) as well as secured finance which includes ABS, CLOs and off-the-run private financings. Alex is lead portfolio manager of the Absolute Insight Credit Fund, the Secured Finance Fund, the Consumer Debt Recovery Fund and a number of customised separate accounts. In April 2015, Alex relocated from London to New York to oversee the integration of a US credit business (Cutwater Asset Management) into existing Insight credit teams and processes and to spearhead the expansion of Insight’s US investment capability. Alex began his career at Gulf International Bank (formerly Saudi International Bank) in 1997, initially as a high yield analyst before managing structured product portfolios. He then became Head of Structured Products and latterly Head of Credit. He holds a first class equivalent MSc in Quantitative Economics from Tilburg University in the Netherlands, is fluent in English, Dutch, German and Swedish and is a CFA charterholder.
Compliance
Transparent for German Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Guernsey, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
BNY Mellon Global Short Dated High Yield Bond A USD
Initial charge5%
Annual charge1.25%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0289
CurrencyUSD
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC2OB
BNY Mellon Global Short Dated High Yield Bond C USD
Initial charge5%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0311
CurrencyUSD
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC2OC
BNY Mellon Global Short Dated High Yield Bond H Hedged EUR
Initial charge5%
Annual charge1.25%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0226
CurrencyEUR
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC2OG
BNY Mellon Global Short Dated High Yield Bond I Hedged EUR
Initial charge5%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0244
CurrencyEUR
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC2OH
BNY Mellon Global Short Dated High Yield Bond I Hedged Inc EUR
Initial charge5%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated21/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQC6
BNY Mellon Global Short Dated High Yield Bond W Hedged CHF
Initial charge5%
Annual charge0.5%
Min single investment£15,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0036
CurrencyCHF
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNUVI
BNY Mellon Global Short Dated High Yield Bond W Hedged EUR
Initial charge5%
Annual charge0.5%
Min single investment£15,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0039
CurrencyEUR
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNUVJ
BNY Mellon Global Short Dated High Yield Bond W Hedged GBP
Initial charge5%
Annual charge0.5%
Min single investment£15,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0284
CurrencyGBP
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC2OI
BNY Mellon Global Short Dated High Yield Bond W Hedged Inc EUR
Initial charge5%
Annual charge0.5%
Min single investment£15,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0001
CurrencyEUR
Price updated21/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQC7
BNY Mellon Global Short Dated High Yield Bond W Inc USD
Initial charge5%
Annual charge0.5%
Min single investment£15,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.002
CurrencyUSD
Price updated21/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC3YI
BNY Mellon Global Short Dated High Yield Bond W USD
Initial charge5%
Annual charge0.5%
Min single investment£15,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0319
CurrencyUSD
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC2OD
BNY Mellon Global Short Dated High Yield Bond X USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0342
CurrencyUSD
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC2OE
BNY Mellon Global Short Dated High Yield Bond Y Hedged GBP
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0306
CurrencyGBP
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC2OJ
BNY Mellon Global Short Dated High Yield Bond Y USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0343
CurrencyUSD
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC2OF
Data provided by

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