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BNY Mellon Sustainable Balanced Fund
The fund seeks to generate capital appreciation by investing in equity securities of global companies and issuers of U.S. investment grade fixed income securities which demonstrate sustainable business practices. The investment strategy takes into account certain environmental, social and governance (ESG) criteria.
Generally, the fund seeks to maintain an allocation of 60% equity and 40% fixed income. The fund is sub-advised by Newton Investment Management (North America) Limited and Mellon Investments Corporation, which are BNY Mellon affiliates.
About BNY Mellon
BNY Mellon is a premier global investments company dedicated to helping clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries across six continents, with a workforce of more than 51,000 employees.
BNY Mellon has $1.8 trillion in assets under management and $34.5 trillion in assets under custody and/or administration.1
Our Investment Management Firms2
About Newton Investment Management
Newton Investment Management (“Newton”) is a global investment management firm, founded in 1978 and owned by BNY Mellon. Newton uses bottom-up security selection tied with a thematic framework to create and manage strategies that aim to help secure its clients’ futures.
Newton manages $61.6 billion1 of assets for clients based around the world, including public and private sector pension plans, corporations and endowments and, via its parent company, individuals. Newton’s global research analysts provide investment ideas based on bottom-up fundamental research. Its 68 investment professionals, who have an average of 18 years of industry experience,1 work as part of a single investment team, which allows for efficient idea generation and implementation. The fund’s equity investments are actively managed by Newton.
About ESG Investing
Responsible investment is integral to Newton’s investment process. Newton believes that responsibly managed companies are better placed to achieve sustainable competitive advantage and provide strong long-term growth.
Responsible investment at Newton begins before commitment to an investment, and captures best practices across the globe. It is an investment-led approach that relies on understanding the issues, conducting proprietary research, engaging with companies and participating in the development of standards.
Newton has a rigorous approach to voting and publicly discloses its responsible investment activities.
About Mellon Investments Corporation
Mellon Investments Corporation (“Mellon”) is a global multi-specialist investment manager dedicated to serving clients with a full spectrum of research-driven solutions. Headquartered in Boston with offices in Pittsburgh, San Francisco, London3, Singapore3 and Hong Kong3, Mellon has $540.1 billion4 in assets under management with 261 investment personnel.5
Mellon takes a partnership investment approach to develop strategies that provide integrated solutions for specific client needs. Its investment strategies blend qualitative insights and interpretations of macro trends with quantitative models, data and analysis to uncover opportunities in the pursuit of customized client outcomes.
Backed by quality research, a robust infrastructure and integrated systems and processes, Mellon’s investment disciplines include active equity, active fixed income, index, smart beta and multi-asset and multi-factor investing. The fund’s debt investments are managed by Mellon using an indexed approach that also applies certain ESG criteria.
1. As of March 31, 2019
2. The Alcentra Group refers to the affiliated companies Alcentra, Ltd and Alcentra NY, LLC. Dreyfus Cash Investment Strategies (CIS) is a division of BNY Mellon Investment Adviser, Inc. Insight Investment advisory services in North America are provided through two different investment advisers registered with the Securities and Exchange Commission (SEC), using the brand Insight Investment: Insight North America LLC (INA) and Insight Investment International Limited (IIIL). The North American investment advisers are associated with other global investment managers that also (individually and collectively) use the corporate brand Insight Investment and may be referred to as “Insight” or “Insight Investment.” Newton and/or the Newton Investment Management brand refers to the following group of affiliated companies: Newton Investment Management Limited, Newton Investment Management (North America) Limited (NIMNA Ltd) and Newton Investment Management (North America) LLC (NIMNA LLC). NIMNA LLC personnel are supervised persons of NIMNA Ltd and NIMNA LLC does not provide investment advice, all of which is conducted by NIMNA Ltd. NIMNA LLC and NIMNA Ltd are the only Newton companies authorized to offer services in the U.S. In the UK, NIMNA Ltd is authorized and regulated by the Financial Conduct Authority in the conduct of investment business and is a wholly owned subsidiary of The Bank of New York Mellon Corporation. • BNY Mellon owns a 20% interest in Siguler Guff & Company, LP and certain related entities (including Siguler Guff Advisers, LLC). ARX is the brand used to describe the Brazilian investment capabilities of BNY Mellon ARX Investimentos Ltda. ARX is an affiliate of The Bank of New York Mellon Corporation; Walter Scott & Partners Limited (“Walter Scott”) is an investment management firm authorized and regulated in the United Kingdom by the Financial Conduct Authority in the conduct of investment business. Walter Scott is a subsidiary of The Bank of New York Mellon Corporation.
3. Location of affiliated entities providing services.
4. As of March 31, 2019. Where applicable, assets include discretionary and non-discretionary assets, the notional value of overlay strategies, and assets managed by investment personnel acting in their capacity as officers of affiliated entities.
5. Employee total includes employees of affiliated entities acting as dual officers and/or associated persons of Mellon.
All investments involve risk, including the possible loss of principal. No investment strategy or risk management technique can guarantee returns or eliminate risk in any market environment. Asset allocation and diversification cannot assure a profit or protect against loss.
Bonds are subject to interest-rate, credit, liquidity, call and market risks, to varying degrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes and rate increases can cause price declines.
Equities are subject to market, market sector, market liquidity, issuer, and investment style risks, to varying degrees.
Currencies are subject to the risk that those currencies will decline in value relative to a local currency, or, in the case of hedged positions, that the local currency will decline relative to the currency being hedged. Each of these risks could increase the fund’s volatility.
Investing in foreign denominated and/or domiciled securities involves special risks, including changes in currency exchange rates, political, economic, and social instability, limited company information, differing auditing and legal standards, and less market liquidity. These risks generally are greater with emerging market countries.
Impact investing and/or Environmental, Social and Governance (ESG) managers may take into consideration factors beyond traditional financial information to select securities, which could result in relative investment performance deviating from other strategies or broad market benchmarks, depending on whether such sectors or investments are in or out of favor in the market. Further, ESG strategies may rely on certain values based criteria to eliminate exposures found in similar strategies or broad market benchmarks, which could also result in relative investment performance deviating.
Investors should consider the investment objectives, risks, charges, and expenses of a mutual fund carefully before investing. Contact your financial advisor or visit im.bnymellon.com/us to obtain a prospectus, or a summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.
Views expressed are those of the advisor stated and do not reflect views of other managers or the firm overall. Views are current as of the date of this publication and subject to change. Forecasts, estimates and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Please consult a legal, tax or investment advisor in order to determine whether an investment product or service is appropriate for a particular situation. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. BNY Mellon Investment Adviser, Inc. (the fund’s investment adviser), Newton Investment Management, Mellon Investments Corporation (the fund’s sub-advisers) and BNY Mellon Securities Corporation are subsidiaries of BNY Mellon, the corporate brand of the Bank of New York Mellon Corporation.