BNY Mellon Global Real Return Fund - Class Y (DRRYX)

Overview

The fund operates with an actively-managed, multi-asset strategy designed to yield absolute or real returns with reduced volatility compared to major equity markets across a full market cycle, generally spanning five years. It explicitly avoids pursuing a benchmark index and instead aims to deliver returns largely independent of market movements. This approach is tailored to investors looking for diversified investment solutions that can navigate through varying market conditions with the potential for steady returns.

Products and Services

• Global Equities - The fund invests in a wide range of global equities, focusing on value, growth, or a blend of both, from various sectors and geographies. This diversification helps to ensure that the portfolio benefits from global market trends while aiming to mitigate risks associated with any single market.
• Bonds and Cash - Investments in bonds and cash equivalents provide a stable base to the fund's portfolio, offering regular income and liquidity. These low-risk assets help balance the portfolio against the volatility of other investments.
• Real Estate - By investing in real estate, the fund gains exposure to property markets, which can offer attractive rental yields and capital appreciation. Real estate investments can also serve as a hedge against inflation, adding another layer of diversification.
• Commodities - The fund may allocate a portion of its assets to commodities, such as precious metals or energy resources, which can provide a buffer against market volatility and inflation.
• Currencies - Investments in different currencies can protect against currency devaluation and offer arbitrage opportunities based on exchange rate movements, contributing to the fund's goal of absolute returns.
• Alternative or Non-Traditional Asset Classes and Strategies - To further its diversification, the fund explores alternative or non-traditional asset classes and strategies, primarily accessed through derivative instruments. These can include, but are not limited to, hedge fund strategies, private equity, and structured products. These alternatives can offer unique risk-return profiles and are used to enhance returns or reduce risk.