Morningstar Fund Report  | 17/04/2025Print

BNY Mellon Emerging Income Fund Sterling Income

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
BNY Mellon Emerging Income Fund Sterling Income
Fund7.22.27.9-2.4-4.1
+/-Cat8.714.23.8-10.5-3.2
+/-B’mrk8.110.03.9-11.4-3.2
 
Category: Global Emerging Markets Equity
Category Benchmark: Morningstar EM TME NR USD
Key Stats
NAV
16/04/2025		 GBP 0.83
Day Change -0.42%
Morningstar Category™ Global Emerging Markets Equity
IA (formerly IMA) Sector Global Emerging Markets
ISIN GB00B8HVVL95
Fund Size (Mil)
31/03/2025		 GBP 96.32
Share Class Size (Mil)
16/04/2025		 GBP 0.10
Max Initial Charge -
Ongoing Charge
10/02/2025		  1.71%
Investment Objective: BNY Mellon Emerging Income Fund Sterling Income
The Sub-Fund aims to achieve income together with capital growth over the long term (5 years or more). The Sub-Fund is actively managed and invests at least 75% in emerging market equities (company shares), issued by companies listed, traded, located or deriving at least half of their revenue or income from emerging market countries across the world, including ordinary shares, preference shares and other equity-related securities.
Returns
Trailing Returns (GBP)16/04/2025
YTD-8.12
3 Years Annualised-1.40
5 Years Annualised6.15
10 Years Annualised2.48
12 Month Yield 4.25
Dividend Paying Frequency Quarterly
Management
Manager Name
Start Date
Zoe Kan
01/07/2019
Alex Khosla
23/09/2022
Inception Date
04/10/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI EM NR GBPMorningstar EM TME NR USD
Portfolio Profile for  BNY Mellon Emerging Income Fund Sterling Income28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.180.0098.18
Bond0.000.000.00
Property0.000.000.00
Cash1.010.001.01
Other0.810.000.81
Top 5 Regions%
Asia - Developed39.98
Asia - Emerging32.25
Latin America19.11
Australasia3.58
United Kingdom2.83
Top 5 Sectors%
Technology31.06
Financial Services25.06
Consumer Defensive18.17
Communication Services7.64
Healthcare3.53
Top 5 HoldingsSector%
Taiwan Semiconductor Manufacturi... TechnologyTechnology9.29
ITC LtdConsumer DefensiveConsumer Defensive4.80
AIA Group LtdFinancial ServicesFinancial Services4.20
Samsung Electronics Co Ltd Parti... TechnologyTechnology4.19
MediaTek IncTechnologyTechnology3.92
Increase Decrease New since last portfolio
BNY Mellon Emerging Income Fund Sterling Income
Growth Of 1000 (GBP) 31/03/2025
Fund:  BNY Mellon Emerging Income Fund Sterling Income
Category:  Global Emerging Markets Equity
Category Index:  Morningstar EM TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-12.4614.961.427.242.177.93-2.38-4.05
+/- Category-1.180.70-12.648.7014.243.82-10.49-3.24
+/- Category Index-5.000.60-12.488.1110.013.95-11.39-3.18
% Rank in Category67409183169891
Trailing Returns (GBP)16/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.42   -0.91-0.97
1 Week3.89   1.171.25
1 Month-4.15   2.312.14
3 Months-10.76   -4.08-4.65
6 Months-12.16   -4.32-4.33
YTD-8.12   -2.09-2.17
1 Year-8.10   -5.75-6.91
3 Years Annualised-1.40   -1.77-2.30
5 Years Annualised6.15   1.170.42
10 Years Annualised2.48   -1.09-1.91
 
Category: Global Emerging Markets Equity
Category Index: Morningstar EM TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-4.05---
20241.56-2.221.76-3.40
20230.812.18-0.485.29
20225.72-5.110.811.03
20212.232.400.122.31
2020-22.1813.37-1.4416.64
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageLow3 star
5-YearAbove AverageLow4 star
10-YearBelow AverageLow3 star
OverallAverageLow3 star
 
Category :  Global Emerging Markets EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev9.86 %
3-Yr Mean Return-0.31 %
 
3-Yr Sharpe Ratio-0.44
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar EM TME NR USD  Cat 50%JPM EMBI Plus TR&50%MSCI EM NR
3-Yr Beta0.800.98
3-Yr Alpha-3.65-3.67
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 32458-
Market Capitalisation% of Equity
Giant68.47
Large24.54
Medium4.72
Small2.27
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings12.811.08
Price/Book1.671.02
Price/Sales1.981.33
Price/Cash Flow6.851.07
Dividend-Yield Factor4.861.62
 
Long-Term Projected Earnings Growth8.320.75
Historical Earnings Growth15.231.71
Sales Growth0.430.08
Cash-Flow Growth5.181.06
Book-Value Growth3.780.44
 
Category: Global Emerging Markets Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.180.0098.18
Bond0.000.000.00
Property0.000.000.00
Cash1.010.001.01
Other0.810.000.81
World Regions28/02/2025
 % of EquityRelative to Category
United States0.000.00
Canada0.000.00
Latin America19.112.08
United Kingdom2.839.64
Eurozone0.000.00
Europe - ex Euro0.000.00
Europe - Emerging0.000.00
Africa2.250.65
Middle East0.000.00
Japan0.000.00
Australasia3.58178763.00
Asia - Developed39.981.46
Asia - Emerging32.250.64
 
Category: Global Emerging Markets Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials1.490.34
Consumer CyclicalConsumer Cyclical3.380.22
Financial ServicesFinancial Services25.061.02
Real EstateReal Estate1.610.83
Consumer DefensiveConsumer Defensive18.173.81
HealthcareHealthcare3.530.99
UtilitiesUtilities3.351.80
Communication ServicesCommunication Services7.640.71
EnergyEnergy2.090.66
IndustrialsIndustrials2.610.41
TechnologyTechnology31.061.33
 
Category: Global Emerging Markets Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings45
Total Number of Bond Holdings0
Assets in Top 10 Holdings41.80
NameSectorCountry% of Assets
Taiwan Semiconductor Manufacturing Co... 311Taiwan9.29
ITC Ltd205India4.80
AIA Group Ltd103Hong Kong4.20
Samsung Electronics Co Ltd Participat... 311Korea, Republic Of4.19
MediaTek Inc311Taiwan3.92
PT Bank Mandiri (Persero) Tbk103Indonesia3.62
Wal - Mart de Mexico SAB de CV205Mexico3.58
Unilever PLC205United Kingdom2.78
Hong Kong Exchanges and Clearing Ltd103Hong Kong2.74
Tata Consultancy Services Ltd311India2.67
 
Increase Decrease New since last portfolio
Category: Global Emerging Markets 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 Date04/10/2012
Fund Advisor(s)
Newton Investment Management Ltd
Fund ManagerZoe Kan
Manager Start Date01/07/2019
Career Start Year2000
Education
University of London, B.A.
 
Biography
Zoe is a portfolio manager on the Emerging Markets and Asia Equities team. Zoe joined Newton in 2000 as a dedicated Asia Pacific ex-Japan specialist. Having managed unconstrained Asian equity portfolios, she became lead manager on the Asian Equity Income Funds in 2016. She is also a lead manager on the Emerging Income Fund. Zoe holds a degree in German and Economics, and is a CFA charterholder. Outside of work, Zoe enjoys music and spending time with her young family.
Fund ManagerAlex Khosla
Manager Start Date23/09/2022
Career Start Year2011
 
Biography
Alex Khosla is a portfolio manager for Newton’s emerging markets and Asia equities strategies. Alex joined Newton in 2022 to help manage global emerging markets and Asia portfolios, prior to this he worked at Aikya Investment Management, where he was a research analyst covering global emerging markets. Before that, he was at Stewart Investors and at AXA Framlington, where he supported them in managing the firm’s global emerging markets funds. He began his career at UBS Investment Bank. Alex has a BA (Hons) in Philosophy, Politics and Economics from Oxford University and is a CFA charterholder. Outside of work he enjoys spending time with his family.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.50%
Ongoing Charge1.71%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional250  GBP
Savings50  GBP
Tax Free Savings Schemes
ISAsYes