Investor Summary

The fund is managed by experienced portfolio managers Jonathan Bell and Robert Hay, who have been collaboratively managing the Newton Global Equity Income strategy since 2020. Robert Hay began his career at Newton Investment Management in 2000 in the private client investment division and has managed various global equity mandates over his two-decade tenure. He holds an MA from Edinburgh University, a Master's in European Business from the EAP European School of Management in Paris, and is a CFA charterholder. Jonathan Bell serves as the lead portfolio manager and manages the Newton Global Equity Income strategy with extensive experience in global equity income approaches. Both managers are supported by Newton's in-house research analysts and the firm's management of £33.0 billion in equity income and value strategies, with the team averaging 25 years of investment experience.

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Fund Strategy

The BNY Mellon Global Equity Income Fund employs a disciplined global equity income strategy managed by Newton Investment Management that focuses on durable and growing dividends. The strategy requires companies to yield at least 25% more than the global market for inclusion, with automatic selling when yields fall below market levels. The approach emphasizes dividend sustainability over yield chasing, focusing on companies with safe balance sheets and low payout ratios. The team believes income stocks provide protection from inflation and that the compounding of dividends is the dominant source of long-term real returns. The strategy maintains a contrarian view on market concentration, deliberately avoiding the largest technology companies while focusing on undervalued sectors where dividend yields remain attractive relative to fundamental prospects.

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FUND PERFORMANCE AS OF 30th June 2025

ANNUALIZED SINCE INCEPTION QUARTERLY YTD
9.48% 5.28% 13.62%