BNY Mellon Global High Yield Bond Fund STERLING INCOME SHARES

Strategie

The Fund may: - invest in emerging markets, - invest in money market instruments, deposits, cash and near cash, - invest in Contingent Convertible Securities (CoCo's), and - invest up to 10% in other collective investment schemes (including but not limited to another Sub-Fund or Sub-Funds of the Company or other BNY Mellon funds).

Ziel

The Fund will: - invest anywhere in the world, - invest at least 80% of the portfolio in sterling-denominated or hedged back to sterling fixed income securities (bonds) and other debt instruments, - typically invest at least 75% of the portfolio in bonds rated below investment grade (BBB-) by Standard & Poor's (or equivalent recognised rating agency), and - invest in derivatives (financial instruments whose value is derived from other assets) to help achieve the Fund's investment objective. The Fund will also use derivatives with the aim of risk or cost reduction or to generate additional capital or income.