BNY Mellon Global Property Securities Fund
As at 31 July 2010
Investment objective
The Sub-Fund aims to maximise total returns from long term capital growth and income through investment primarily (meaning at least three-quarters of the Sub-Fund’s total assets*) in a diversified portfolio of real estate related securities listed or traded on Recognised Exchanges worldwide including listed Real Estate Investment Trusts (REITs), listed Real Estate Operating Companies (REOCs) and equity securities of companies whose principal business is the ownership, management and/or development of income producing and for-sale real estate.
*Total assets means the Net Asset Value of the Sub-Fund plus its liabilities (but after deduction of cash and ancillary liquidities)
General information
- Total net assets (million)
- € 10.71
- Lipper sector
- UK Offshore - Property
- Index
- FTSE EPRA/NAREIT Developed Index
- Fund domicile
- Dublin
- Fund type
- ICVC
- Fund manager
- Dedicated Team
- Base currency
- EUR
- Currencies available
- EUR, USD, GBP
Key dates
- Fund launch
- 23 Apr 2008
- Close of financial year
- 31 Dec
BNY Mellon Asset Management Company
Urdang Securities Management: Urdang is one of the leading specialist asset managers of real estate strategies. The company has a value-oriented investment approach which combines fundamental and quantitative analysis using its proprietary Relative Value Model.
Dealing
09:00 to 17:00 each business day
Valuation point: 12:00 Dublin time
Shareclass EUR A
- General
- Share class launch date
- 23 Apr 2008
- Minimum investment
- € 5,000
- Annual management charge
- 2.00%
- Codes
- ISIN
- IE00B2PPLQ62
- Bloomberg
- MEGPSAE ID
- Registered for sale in:
- IRL, UK, ES, CH, AT
Shareclass EUR C
- General
- Share class launch date
- 23 Apr 2008
- Minimum investment
- € 5,000,000
- Annual management charge
- 1.00%
- Maximum initial charge
- 5.00%
- Codes
- ISIN
- IE00B2PPLS86
- Bloomberg
- MEGPSCE ID
- Registered for sale in:
- IRL, IT, NO, NL, UK, GUE, GIB, ES, FR, DE, CH, AT
Shareclass USD A
- General
- Share class launch date
- 23 Apr 2008
- Minimum investment
- $ 5,000
- Annual management charge
- 2.00%
- Codes
- ISIN
- IE00B2PPLR79
- Bloomberg
- MEGPSAU ID
- Registered for sale in:
- IRL, UK, GUE, NO, NL, GIB, ES, FR, DE, CH
Shareclass USD C
- General
- Share class launch date
- 21 Apr 2008
- Minimum investment
- $ 5,000,000
- Annual management charge
- 1.00%
- Codes
- ISIN
- IE00B2PPLT93
- Bloomberg
- MEGPSCU ID
- Registered for sale in:
- IRL, UK, ES
Fund Specific Important Information
The index was renamed on 23 March 2009 and was formerly known as the FTSE EPRA/NAREIT Global Real Estate Index.
| Performance record since launch | ||||||||
|---|---|---|---|---|---|---|---|---|
|
Source: Lipper as at 31 July 2010. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in Fund - EUR C share class currency. |
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| Performanceto | Annualised | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 month | 3 months | 6 months | YTD | 1 year | 3 years | 5 years | 3 years | 5 years | |||
|
Source: Lipper as at 31 July 2010. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in share class currency. |
|||||||||||
| Fund - EUR C share class | 2.55 | -1.12 | 17.11 | 12.94 | 31.98 | – | – | – | – | ||
| Fund - EUR A share class | 2.48 | -1.35 | 16.54 | 12.30 | 30.66 | – | – | – | – | ||
| FTSE EPRA/NAREIT Developed | 3.05 | 0.50 | 18.79 | 15.60 | 35.59 | -21.97 | -0.89 | -7.94 | -0.18 | ||
| Sector average | 1.35 | -1.32 | 7.90 | 8.51 | 30.26 | -39.93 | -25.19 | -17.81 | -8.82 | ||
| Fund - USD A share class | 8.43 | -3.67 | 8.49 | 1.40 | 20.20 | – | – | – | – | ||
| Fund - USD C share class | 8.52 | -3.43 | 9.04 | 1.98 | 21.41 | – | – | – | – | ||
| FTSE EPRA/NAREIT Developed | 9.61 | -1.53 | 11.34 | 4.97 | 24.60 | -25.73 | 6.30 | -9.44 | 1.23 | ||
| Sector average | 7.80 | -3.32 | 1.13 | -1.47 | 19.70 | -42.83 | -19.76 | -19.15 | -7.54 | ||
| Ranking of fund in sector | 23 | 35 | 12 | 18 | 20 | – | – | – | – | ||
| No. of funds in sector | 48 | 48 | 48 | 48 | 48 | – | – | – | – | ||
| Quartile rank | 2 | 3 | 1 | 2 | 2 | – | – | – | – | ||
Statutory performance data updated quarterly
| From | 30 Jun 09 | 30 Jun 08 | 29 Jun 07 | 30 Jun 06 | 30 Jun 05 |
|---|---|---|---|---|---|
| To | 30 Jun 10 | 30 Jun 09 | 30 Jun 08 | 29 Jun 07 | 30 Jun 06 |
|
Source: Lipper as at 31 July 2010. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in Fund - EUR C share class currency. |
|||||
| Fund | 40.1% | -24.8% | – | – | – |
Calendar Performance
| 2009 | 2008 | 2007 | 2006 | 2005 | |
|---|---|---|---|---|---|
|
Source: Lipper as at 31 July 2010. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in Fund - EUR C share class currency. |
|||||
| Fund | 35.04 | - | - | - | - |
| Index | 33.94 | - | - | - | - |
| Quartile Rank | 2 | - | - | - | - |
Holdings and Risk
Portfolio holdings are subject to change at any time without notice, are for information purposes only and should not be construed as investment recommendations.
Historical fund statistics - 3 years
- (Historical fund statistics are not available for funds that have a track record of less than 3 years)