BNY Mellon Mobility Innovation Fund EUR W Inc Hedged

Overview

Fund classes:
BNY Mellon Mobility Innovation Fund EUR W Inc Hedged
€1.27 Price
€0.00
0.08%
Today's Change
ISIN IE00BGCSBR78
Share Class Income
Ongoing Charge 0.83%
Annual Management Charge 0.7%

OBJECTIVE To achieve long-term capital growth by primarily gaining exposure to companies located worldwide that are focused on innovation in transportation and related technologies. POLICY The Fund will: – invest primarily (meaning at least 80% of its Net Asset Value (NAV) in shares and similar investments of companies that focus on innovation in transportation (such as automobile manufacturers, component suppliers and automobile technology providers) and companies which make use of or enable mobility innovations ("Mobility Innovation Companies"); – follow a thematic approach and support improved environmental outcomes and other societal benefits, including reduced carbon emissions and pollution, grid modernization, and improved health, safety and access for consumers. All Mobility Innovation Companies in which investments are made follow good governance practices as set out in the UN Global Compact principles which includes principles relating to human rights, labour, environment and anticorruption; – select investments using fundamental analysis including evaluation of balance sheet strength and applying the Investment Manager's environmental, social and governance ("ESG") criteria; – promote environmental and social characteristics pursuant to Article 8 of the Sustainable Finance Disclosure Regulation ("SFDR"); and – invest at least 20% of its Net Asset Value (NAV) in companies that meet the definition of sustainable investments under SFDR and exclude companies that participate in specific areas of activity that the Investment Manager deems to be harmful from an environmental or social perspective. All companies in which investments are made follow good governance practices. The Fund may: – invest significantly in small and mid-sized capitalisation companies – invest more than 40% of its Net Asset Value (NAV) in emerging market countries; – invest up to 20% of its Net Asset Value (NAV) in China A-shares via the Stock Connect; – use derivatives (financial instruments whose value is derived from other assets) with the aim of risk or cost reduction or to generate additional capital or income; and – invest up to 10% of its Net Asset Value (NAV) in other collective investment schemes and exchange traded funds. Benchmark: The Fund will measure its performance against the MSCI AC World NR Index (the "Benchmark"). The Fund is actively managed, which means the Investment Manager has absolute discretion to invest outside the Benchmark subject to the investment objective and policies disclosed in the Prospectus. While the Fund's holdings may include constituents of the Benchmark, the selection of investments and their weightings in the portfolio are not influenced by the Benchmark. The investment strategy does not restrict the extent to which the Investment Manager may deviate from the Benchmark. OTHER INFORMATION Share Class Hedging: The Fund's base currency is USD whereas this share class currency is EUR. In order to reduce the risk of exchange rate movements between the share class currency and the base currency, a hedging strategy is used, although its outcome is not guaranteed. Treatment of income: income generated will be paid to shareholders annually on or before 11 February. Dealing: you can buy and sell your shares in the Fund between 9:00 and 17:00 (Irish Time) on each day which is a business day in Ireland and the U.S. Instructions received before 12:00 will receive the price quoted on that day. The minimum initial investment for this share class is EUR 15,000,000.

Performance

Price and Net Asset Value breakdown

Midprice €1.27
Change on Day €0.00
Change on Day % 0.08%
52 week high €1.35
52 week low €1.16
Fund currency EUR
Date updated 16 January 2025

Fund details

Fund Type Open Ended Investment Company
Unit Type Income
Standard initial Charge -
Annual Management Charge 0.7%
Dividend Frequency Annually
Latest Distribution Info €0.0040
02 January 2025

Fund manager information

Fund Manager Company BNY Mellon

Fund manager biographies

Name Robert Zeuthen
Since 08 February 2024
Bio Rob is a member of Newton’s equity research team and is a senior portfolio manager on the small mid cap equity team and the lead portfolio manager for the Mobility Innovation strategy. In addition to portfolio management duties, he is responsible for research coverage of the information technology sector. Rob joined Newton in September 2021, following the integration of Mellon Investments Corporation’s equity and multi-asset capabilities into the Newton Investment Management Group. Before joining Newton, Rob was a senior portfolio manager at Mellon Investments Corporation and The Boston Company Asset Management (both BNY Mellon group companies). Prior to joining BNY Mellon, Rob worked at Bricoleur Capital leading technology investing for its long/short hedge fund. Rob began his career at Prudential and its subsidiary Jennison Associates, where he helped launch a US small-cap fund and served as an analyst and portfolio manager for global small-cap equities. Rob has a BS with honors in Finance from Boston College. He holds the CFA designation and is a member of the CFA Institute.
Name Frank Goguen
Since 08 February 2024
Bio Frank is a member of Newton’s equity research team. In his current role, Frank is a member of the True Cyclical research analyst POD with coverage focusing on the cyclical areas within the All Country World Index (ACWI) universe, including the global auto industry and industrials. He is also co-portfolio manager of the Mobility Innovation strategy. Frank joined Newton in September 2021, following the integration of Mellon Investments Corporation’s equity and multi-asset capabilities into the Newton Investment Management Group. Before joining Newton, Frank was a senior research analyst at Mellon Investments Corporation and The Boston Company Asset Management (both BNY Mellon group companies). Frank has a BS in Finance from Boston College and an MBA in Finance from Bentley University. He received his CFA designation in 2006 and is a member of the CFA Institute. CFA and Chartered Financial Analyst are registered trademarks owned by CFA Institute
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