BNY Mellon Global Infrastructure Income Fund Instl W Inc

OBJECTIVE To achieve income and capital growth over the long term (5 years or more). POLICY The Fund will: – invest anywhere in the world; – invest at least 80% of its assets in a concentrated portfolio of equities (company shares), equity-related securities and listed real estate investment trusts ("REIT"s) of companies located worldwide that are engaged in infrastructure and related operations; and – invest at least 51% of the portfolio in higher yielding companies in order to provide income in the form of dividends to the Fund. The Fund may: – invest up to 25% of the portfolio in emerging markets (excluding Russia); – invest in non-traditional infrastructure sectors such as telecoms, senior housing, health care and real estate industries; – 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% in other collective investment schemes (including but not limited to another Sub-Fund or Sub-Funds of the Company or other BNY Mellon funds). Benchmark: The Fund will measure its performance against the S&P Global Infrastructure NR Index as a comparator benchmark (the "Benchmark"). The Fund will use the Benchmark as an appropriate comparator because it represents a traditional equity infrastructure universe of companies. The Fund is actively managed, which means the Investment Manager has discretion over the selection of investments subject to the investment objective and policies disclosed in the Prospectus. The portfolio holdings of the Fund will not be limited to components of the Benchmark and the Investment Manager will use its discretion to invest outside the Benchmark in pursuit of the Fund's investment objective. OTHER INFORMATION Treatment of income: income from investments will be paid to shareholders quarterly on or before 28 February, 31 May, 31 August and 30 November. Dealing: you can buy and sell your shares in the Fund between 9:00 and 17:00 (UK time) on each business day in England and Wales. Instructions received before 12:00 will receive the price quoted on that day. The minimum initial investment for this share class is GBP 500,000.