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    BNY Mellon Responsible Horizons Euro Corporate Bond Fund

    In Short

    NameBNY Mellon Responsible Horizons Euro Corporate Bond Fund
    Asset ClassFixed Income
    GeographyGlobal
    Theme/Sub-classResponsible fixed income
    NordSIP CategoryActive SRI
    Fund Profile
    Hållbarhetsprofilen
    Morningstar
    Structure UCITS
    ISINIE00BKWGFQ61
    AvailabilityNordics
    ManagerLutz Engberding

    Strategy description

    The Responsible Horizons Euro Corporate Bond Fund seeks to generate a total return comprised of income and capital growth by investing primarily in a broad range of Euro-denominated debt and debt-related securities and related financial derivative instruments, whilst taking environmental, social and governance (“ESG”) factors into account.

    SRI Highlights

    • [More information is underway]

     

     

    Exclusions

    International Norms: The Manager will seek to avoid positive exposure (but may have negative exposure) to companies deemed by the Manager (whether or not based on external analysis) to have violated the minimum standards of business practice as codified by the principles of the United Nations Global Compact.

    Thermal coal: The Manager will seek to avoid positive exposure (but may have negative exposure) to companies that it reasonably deems to have a material involvement in coal mining and coal power generation.

    All Weapons The Manager will seek to avoid positive exposure (but may have negative exposure) to companies that it reasonably deems to have a material involvement in defence.

    Tobacco: The Manager will seek to avoid positive exposure (but may have negative exposure) to companies that it reasonably deems to have a material involvement in tobacco.

    Gambling: The Manager will seek to avoid positive exposure (but may have negative exposure) to companies that it reasonably deems to have a material involvement in gambling.

    Pornography: The Manager will seek to avoid positive exposure (but may have negative exposure) to companies that it reasonably deems to have a material involvement in adult entertainment.

     

    Disclaimer

    The value of investments can fall. Investors may not get back the amount invested. Income from investments may vary and is not guaranteed.

    Investment Managers are appointed by BNY Mellon Investment Management EMEA Limited (BNYMIM EMEA), BNY Mellon Fund Managers Limited (BNYMFM), BNY Mellon Fund Management (Luxembourg) S.A. (BNY MFML) or affiliated fund operating companies to undertake portfolio management activities in relation to contracts for products and services entered into by clients with BNYMIM EMEA, BNY MFML or the BNY Mellon funds.

    Benchmark: The Fund will measure its performance against the Bloomberg Barclays Euro Aggregate Corporate Total Return Index (the “Benchmark”).
    The Fund is actively managed, which means the Investment Manager has discretion to invest outside the Benchmark subject to the investment objective and policy. However, as the Benchmark covers a significant proportion of the investable universe, the majority of the Fund’s holdings will be constituents of the Benchmark and the weightings in the portfolio may be similar to those of the Benchmark. The investment strategy will restrict the extent to which the portfolio holdings may deviate from the Benchmark and consequently the extent to which the Fund can outperform the Benchmark.
    •Objective/Performance Risk: There is no guarantee that the Fund will achieve its objectives.
    •Derivatives Risk: Derivatives are highly sensitive to changes in the value of the asset from which their value is derived. A small movement in the value of the underlying asset can cause a large movement in the value of the derivative. This can increase the sizes of losses and gains, causing the value of your investment to fluctuate. When using derivatives, the Fund can lose significantly more than the amount it has invested in derivatives.
    •Changes in Interest Rates & Inflation Risk: Investments in bonds/money market securities are affected by interest rates and inflation trends which may negatively affect the value of the Fund.
    •Credit Ratings and Unrated Securities Risk: Bonds with a low credit rating or unrated bonds have a greater risk of default. These investments may negatively affect the value of the Fund.
    •Credit Risk: The issuer of a security held by the Fund may not pay income or repay capital to the Fund when due.
    •Emerging Markets Risk: Emerging Markets have additional risks due to less-developed market practices.
    •New Fund Liquidity Risk: This Fund is not expected to hold investments which would be considered illiquid, however, while the Fund is being established, it is possible that the liquidity profile of the Fund may fluctuate.
    •CoCo’s Risk: Contingent Convertible Securities (CoCo’s) convert from debt to equity when the issuer’s capital drops below a pre-defined level. This may result in the security converting into equities at a discounted share price, the value of the security being written down, temporarily or permanently, and/or coupon payments ceasing or being deferred.
    •Environmental, Social and Governance (ESG) Investment Approach Risk: This Fund can be considered to follow an ESG investment approach or incorporate elements of an ESG investment approach, which may cause it to perform differently than other funds that have a similar objective but which do not integrate an ESG investment approach (or elements thereof) when selecting securities. In addition, in following an ESG investment approach, the Fund is dependent upon information and data from third parties (which may include providers for research reports, screenings, ratings and/or analysis such as index providers and consultants). Such information or data may be incomplete, inaccurate or inconsistent.
    •Counterparty Risk: The insolvency of any institutions providing services such as custody of assets or acting as a counterparty to derivatives or other contractual arrangements, may expose the Fund to financial loss.
    •Share Class Currency Risk: Share classes may be denominated in a different currency from the base currency of the Fund. Changes in the exchange rate between the share class currency and the base currency may affect the value of your investment.
    •Share Class Hedging Risk: The hedging strategy is used to reduce the impact of exchange rate movements between the share class currency and the base currency. It may not completely achieve this due to factors such as interest rate differentials.

    For Professional Clients only. Any views and opinions are those of the investment manager unless otherwise noted and is not investment advice. This is not investment research or a research recommendation for regulatory purposes.

    For further information visit the BNY Mellon Investment Management website. http://www.bnymellonim.com