Morningstar Fund Report  | 17/04/2025Print

BNY Mellon Global Emerging Markets Opportunities Fund Sterling Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
BNY Mellon Global Emerging Markets Opportunities Fund Sterling Accumulation
Fund-2.3-14.81.25.3-7.0
+/-Cat-0.9-2.7-2.9-2.8-6.2
+/-B’mrk-1.5-6.9-2.8-3.7-6.1
 
Category: Global Emerging Markets Equity
Category Benchmark: Morningstar EM TME NR USD
Key Stats
NAV
16/04/2025		 GBP 2.02
Day Change -0.71%
Morningstar Category™ Global Emerging Markets Equity
IA (formerly IMA) Sector Global Emerging Markets
ISIN GB00BVYPP800
Fund Size (Mil)
31/03/2025		 GBP 133.99
Share Class Size (Mil)
16/04/2025		 GBP 0.78
Max Initial Charge -
Ongoing Charge
10/02/2025		  1.71%
Investment Objective: BNY Mellon Global Emerging Markets Opportunities Fund Sterling Accumulation
The Sub-Fund aims to achieve capital growth over the long term (5 years or more). The Sub-Fund is actively managed and invests at least 75% of the portfolio in equity (company shares) and equity-related securities (these may include, but are not limited to, ETFs, REITs, P Notes and convertible bonds). The Sub-Fund will invest at least 75% of the portfolio in companies listed, traded, located or deriving at least half of their revenue or income from emerging market countries across the world. Emerging market countries are countries, which are progressing towards becoming advanced, usually displayed by some development in financial markets, the existence of some form of stock exchange and a regulatory body.
Returns
Trailing Returns (GBP)16/04/2025
YTD-11.79
3 Years Annualised-2.16
5 Years Annualised5.63
10 Years Annualised*4.94
12 Month Yield 0.14
Management
Manager Name
Start Date
Liliana Dearth
20/11/2023
Alex Khosla
30/09/2022
Inception Date
25/07/2015

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI EM NR GBPMorningstar EM TME NR USD
Portfolio Profile for  BNY Mellon Global Emerging Markets Opportunities Fund Sterling Accumulation28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.660.0098.66
Bond0.000.000.00
Property0.000.000.00
Cash1.770.421.34
Other0.000.000.00
Top 5 Regions%
Asia - Emerging49.01
Asia - Developed28.89
Latin America16.45
United States2.75
Africa1.66
Top 5 Sectors%
Technology34.50
Consumer Cyclical22.07
Financial Services13.27
Communication Services11.61
Industrials9.59
Top 5 HoldingsSector%
Taiwan Semiconductor Manufacturi... TechnologyTechnology9.65
Tencent Holdings LtdCommunication ServicesCommunication Services5.90
MercadoLibre IncConsumer CyclicalConsumer Cyclical4.07
MediaTek IncTechnologyTechnology3.98
Midea Group Co Ltd Class AConsumer CyclicalConsumer Cyclical3.06
Increase Decrease New since last portfolio
BNY Mellon Global Emerging Markets Opportunities Fund Sterling Accumulation
Growth Of 1000 (GBP) 31/03/2025
Fund:  BNY Mellon Global Emerging Markets Opportunities Fund Sterling Accumulation
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-20.2418.2853.42-2.34-14.791.175.27-6.99
+/- Category-8.974.0139.36-0.89-2.72-2.94-2.84-6.19
+/- Category Index-12.783.9139.52-1.48-6.95-2.81-3.74-6.12
% Rank in Category972115973707698
Trailing Returns (GBP)16/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.71   -1.20-1.25
1 Week4.10   1.391.46
1 Month-6.04   0.430.26
3 Months-13.75   -7.06-7.63
6 Months-12.76   -4.92-4.93
YTD-11.79   -5.76-5.84
1 Year-7.07   -4.73-5.88
3 Years Annualised-2.16   -2.53-3.06
5 Years Annualised5.63   0.65-0.10
10 Years Annualised*4.94   1.370.55
 
Category: Global Emerging Markets Equity
Category Index: Morningstar EM TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-6.99---
20242.260.193.53-0.75
20231.170.28-3.583.42
2022-11.65-3.01-0.880.32
2021-1.382.220.12-3.24
2020-13.0227.5915.6119.58
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageLow2 star
5-YearAbove AverageAbove Average3 star
10-Year*Above AverageAbove Average4 star
Overall*Above AverageAverage3 star
 
Category :  Global Emerging Markets EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev11.68 %
3-Yr Mean Return-0.86 %
 
3-Yr Sharpe Ratio-0.42
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar EM TME NR USD  MSCI EM NR USD
3-Yr Beta0.880.84
3-Yr Alpha-4.09-4.16
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 33085-
Market Capitalisation% of Equity
Giant66.19
Large19.79
Medium11.27
Small2.75
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings17.601.48
Price/Book2.821.72
Price/Sales2.781.87
Price/Cash Flow7.201.12
Dividend-Yield Factor2.270.76
 
Long-Term Projected Earnings Growth11.791.06
Historical Earnings Growth13.201.48
Sales Growth11.872.30
Cash-Flow Growth27.365.59
Book-Value Growth13.611.59
 
Category: Global Emerging Markets Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.660.0098.66
Bond0.000.000.00
Property0.000.000.00
Cash1.770.421.34
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States2.752.81
Canada0.000.00
Latin America16.451.79
United Kingdom0.000.00
Eurozone0.000.00
Europe - ex Euro0.000.00
Europe - Emerging0.000.00
Africa1.660.48
Middle East0.000.00
Japan1.2498.17
Australasia0.000.00
Asia - Developed28.891.06
Asia - Emerging49.010.98
 
Category: Global Emerging Markets Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Consumer CyclicalConsumer Cyclical22.071.45
Financial ServicesFinancial Services13.270.54
Consumer DefensiveConsumer Defensive5.861.23
HealthcareHealthcare3.090.87
Communication ServicesCommunication Services11.611.08
IndustrialsIndustrials9.591.50
TechnologyTechnology34.501.47
 
Category: Global Emerging Markets Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings43
Total Number of Bond Holdings0
Assets in Top 10 Holdings40.88
NameSectorCountry% of Assets
Taiwan Semiconductor Manufacturing Co... 311Taiwan9.65
Tencent Holdings Ltd308China5.90
MercadoLibre Inc102Brazil4.07
MediaTek Inc311Taiwan3.98
Midea Group Co Ltd Class A102China3.06
HDFC Bank Ltd103India3.01
NetEase Inc Ordinary Shares308China2.98
Trip.com Group Ltd102China2.81
Contemporary Amperex Technology Co Lt... 310China2.72
Globant SA311United States2.71
 
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 Date25/07/2015
Fund Advisor(s)
Newton Investment Management Ltd
Fund ManagerLiliana Dearth
Manager Start Date20/11/2023
Career Start Year1997
Education
Universidad de Carabobo, B.A.
Massachusetts Institute of Technology (Sloan), M.B.A.
 
Biography
Liliana is head of emerging market and Asia equities. She is a highly experienced portfolio manager and accomplished team leader, having managed equity strategies for more than 20 years. Liliana joined Newton from Wellington Management, where she led the development and management of various emerging-market strategies, including the Emerging Market Small Cap Discovery and Emerging Market Impact strategies, initially from Singapore and latterly from London. Liliana began her career as an emerging markets analyst at HSBC in New York, before spending 18 years at AllianceBernstein, where she was lead portfolio manager of the AB International Discovery Fund and the thematic AB Emerging Consumer Fund. She has a bachelor’s degree in economics from Universidad de Carabobo in Venezuela and an MBA from the MIT Sloan School of Management. Outside of work, Liliana enjoys travelling and yoga. Joined Newton: 2023 Joined industry: 1997
Fund ManagerAlex Khosla
Manager Start Date30/09/2022
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