Morningstar Fund Report  | 11/04/2025Print

BNY Mellon Investment Funds - Newton Multi-Asset Diversified Return Fund Institutional W Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
BNY Mellon Investment Funds - Newton Multi-Asset Diversified Return Fund Institutional W Acc
Fund7.0-1.42.84.50.7
+/-Cat3.68.9-3.5-0.40.3
+/-B’mrk3.39.7-4.9-1.30.3
 
Category: GBP Allocation 20-40% Equity
Category Benchmark: Morningstar UK Mod Caut Tgt...
Key Stats
NAV
10/04/2025		 GBP 1.86
Day Change 3.08%
Morningstar Category™ GBP Allocation 20-40% Equity
IA (formerly IMA) Sector Targeted Absolute Return
ISIN GB00B81C8395
Fund Size (Mil)
31/03/2025		 GBP 388.22
Share Class Size (Mil)
09/04/2025		 GBP 227.03
Max Initial Charge -
Ongoing Charge
17/02/2025		  0.71%
Investment Objective: BNY Mellon Investment Funds - Newton Multi-Asset Diversified Return Fund Institutional W Acc
The objective of the Sub-Fund is to achieve long-term capital growth over a period of at least 5 years from a portfolio diversified across a range of assets. The policy of the Sub-Fund is to gain exposure to a diversified range of asset classes including, but not limited to, equities, fixed income, property, commodities, infrastructure, renewable energy, currencies, cash, near cash and deposits. Exposure to these asset classes will be achieved through investment in transferable securities (such as company shares, listed investment trusts, REITs, bonds, structured notes, convertible bonds, contingent convertible bonds), collective investment schemes (including but not limited to another Sub-Fund or Sub-Funds of the Company), warrants, derivative instruments, forward transactions, deposits and approved money market instruments.
Returns
Trailing Returns (GBP)10/04/2025
YTD-2.38
3 Years Annualised1.11
5 Years Annualised6.67
10 Years Annualised4.22
12 Month Yield 3.23
Management
Manager Name
Start Date
Paul Flood
15/02/2012
Bhavin Shah
31/07/2016
Inception Date
05/09/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
SONIA +3%Morningstar UK Mod Caut Tgt Alloc NR GBP
Portfolio Profile for  BNY Mellon Investment Funds - Newton Multi-Asset Diversified Return Fund Institutional W Acc31/03/2025
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock44.810.0044.81
Bond23.240.0123.23
Property0.000.000.00
Cash8.300.218.09
Other22.891.5521.33
Fixed Income
Effective Maturity-
Effective Duration-
Top 5 Regions%
United States33.92
United Kingdom23.88
Asia - Emerging13.94
Eurozone10.48
Asia - Developed5.94
Top 5 Sectors%
Industrials18.62
Financial Services17.76
Consumer Cyclical14.80
Healthcare9.36
Energy8.81
Top 5 HoldingsSector%
Pershing Square Holdings Ord4.25
Greencoat UK Wind2.84
United Kingdom of Great Britain ... 2.58
United Kingdom of Great Britain ... 2.47
United States Treasury Bonds 2.875%2.42
Increase Decrease New since last portfolio
BNY Mellon Investment Funds - Newton Multi-Asset Diversified Return Fund Institutional W Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  BNY Mellon Investment Funds - Newton Multi-Asset Diversified Return Fund Institutional W Acc
Category:  GBP Allocation 20-40% Equity
Category Index:  Morningstar UK Mod Caut Tgt Alloc NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-3.4511.939.987.04-1.412.824.480.67
+/- Category0.432.856.153.598.87-3.46-0.440.31
+/- Category Index--4.823.349.66-4.91-1.250.34
% Rank in Category40142122976235
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day3.08   3.642.44
1 Week-2.79   0.52-0.56
1 Month-3.53   0.08-1.18
3 Months-2.86   0.04-1.13
6 Months-3.67   -0.90-2.49
YTD-2.38   0.46-0.80
1 Year0.05   -0.47-2.47
3 Years Annualised1.11   0.78-0.40
5 Years Annualised6.67   4.314.35
10 Years Annualised4.22   2.271.32
 
Category: GBP Allocation 20-40% Equity
Category Index: Morningstar UK Mod Caut Tgt Alloc NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20250.67---
20241.532.891.59-1.54
20231.18-1.77-1.124.62
20220.57-5.01-2.205.52
20212.370.840.902.77
2020-14.5014.032.939.59
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageAbove Average3 star
5-YearHighHigh5 star
10-YearHighHigh5 star
Overall*HighHigh5 star
 
Category :  GBP Allocation 20-40% EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev7.59 %
3-Yr Mean Return2.25 %
 
3-Yr Sharpe Ratio-0.23
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK Mod Caut Tgt Alloc NR GBP  Morningstar EU Agg Tgt Alloc NR EUR
3-Yr Beta0.930.70
3-Yr Alpha-0.03-3.75
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 32380-
Market Capitalisation% of Equity
Giant27.96
Large41.81
Medium23.94
Small5.19
Micro1.10
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings13.260.78
Price/Book1.640.63
Price/Sales1.490.84
Price/Cash Flow8.140.73
Dividend-Yield Factor3.271.36
 
Long-Term Projected Earnings Growth8.200.83
Historical Earnings Growth4.800.77
Sales Growth5.921.12
Cash-Flow Growth3.410.81
Book-Value Growth4.103.04
 
Category: GBP Allocation 20-40% Equity
Fixed Income Style-
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)GBP 390
Maturity Distribution %
1 to 323.10
3 to 519.53
5 to 79.51
7 to 102.64
10 to 1512.99
15 to 2026.47
20 to 300.27
Over 305.40
Effective Maturity-
Effective Duration-
Credit Quality Breakdown %     %
AAA -   BB-
AA-   B-
A-   Below B-
BBB-   Not Rated-
 
Category: GBP Allocation 20-40% Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock44.810.0044.81
Bond23.240.0123.23
Property0.000.000.00
Cash8.300.218.09
Other22.891.5521.33
World Regions31/03/2025
 % of EquityRelative to Category
United States33.920.62
Canada2.141.86
Latin America1.492.53
United Kingdom23.881.15
Eurozone10.481.68
Europe - ex Euro2.730.78
Europe - Emerging0.000.01
Africa0.000.00
Middle East0.000.00
Japan2.330.55
Australasia3.143.66
Asia - Developed5.941.76
Asia - Emerging13.943.48
 
Category: GBP Allocation 20-40% Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials3.831.12
Consumer CyclicalConsumer Cyclical14.801.47
Financial ServicesFinancial Services17.761.03
Real EstateReal Estate3.561.13
Consumer DefensiveConsumer Defensive6.480.86
HealthcareHealthcare9.360.89
UtilitiesUtilities2.730.76
Communication ServicesCommunication Services6.590.94
EnergyEnergy8.811.89
IndustrialsIndustrials18.621.59
TechnologyTechnology7.450.35
 
Category: GBP Allocation 20-40% Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings70
Total Number of Bond Holdings38
Assets in Top 10 Holdings21.68
NameSectorCountry% of Assets
Pershing Square Holdings OrdGuernsey4.25
Greencoat UK WindUnited Kingdom2.84
United Kingdom of Great Britain and N... United Kingdom2.58
United Kingdom of Great Britain and N... United Kingdom2.47
United States Treasury Bonds 2.875%United States2.42
Secretaria Tesouro Nacional 0%Brazil1.58
WisdomTree Physical Swiss Gold ETCJersey1.48
iShares Physical Gold ETCIreland1.43
GCP Infrastructure Investment OrdJersey1.32
Renewables Infrastructure GrpGuernsey1.31
 
Increase Decrease New since last portfolio
Category: GBP Allocation 20-40% Equity
 
Management
Name of CompanyBNY Mellon Fund Managers Limited
Phone-
Websitewww.bnymellonim.co.uk
AddressBNY Mellon Fund Managers Limited
 London   -
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date05/09/2012
Fund Advisor(s)
Newton Investment Management Ltd
Fund ManagerPaul Flood
Manager Start Date15/02/2012
Career Start Year2004
Education
University of St Andrews, B.S.
 
Biography
Paul is Head of Mixed Assets Investment at Newton. He is also lead manager of Newton Multi-Asset Diversified Return strategy, the Newton Multi-Asset Income strategy and the Newton Multi-Asset Growth strategy. He also provides leadership and analysis on asset allocation, derivatives and convertible bonds for the wider firm, having spent the earlier part of his career working on strategic asset allocation and derivative strategy. Paul is responsible for generating ideas within alternative assets and has been leading in this area since 2008. He is a member of the macro allocation group and provides feedback to the wider house on strategic and tactical asset allocation. Paul joined Newton in 2004. He is a CFA1 charterholder and has completed the certificate in quantitative finance (CQF) after passing with distinction. Paul studied Astrophysics at the University of St Andrews and is a keen cyclist and runner, having recently cycled the length of the UK from Land’s End to John O’Groats and often participates in marathons. Joined Newton: 2004 Joined industry: 2004
Fund ManagerBhavin Shah
Manager Start Date31/07/2016
Career Start Year2004
 
Biography
Bhavin joined Newton in June 2011 as a portfolio manager in the mixed assets investment team. Prior to joining Newton, he worked at SG Hambros for seven years where he was responsible for managing client portfolios focused on absolute return and multi-asset strategies. Bhavin is co-lead manager on a numerous multi-asset accounts at Newton. In addition to portfolio management responsibilities, Bhavin is a member of the Investment Risk Oversight Group and is a co-lead of our ‘net effects’ thematic group, which focuses on digitalisation trends. Bhavin holds an MSc in Mathematics with distinction and is a CFA charterholder.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.63%
Ongoing Charge0.71%
Purchase Details
Minimum Investments
Initial500000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes