BNY Mellon Variable Investment Fund, Opportunistic Small Cap Portfolio
- Fund Code 0407
- CUSIP 05589U606
- SHARE CLASS
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Why invest in this Fund?
The fund seeks capital growth.
To pursue this goal, the fund normally invests at least 80% of its net assets in the stocks of small-cap companies with market capitalizations within the range of companies in the Russell 2000 Index at the time of purchase. The fund's stock investments may include common stocks, preferred stocks and convertible securities of both U.S. and foreign issuers. Stocks are selected for the fund's portfolio based primarily on bottom-up fundamental analysis.
This fund is only offered as an underlying investment option for variable annuity contracts and variable life insurance policies and is not sold directly to the general public. Please refer investors to the applicable variable annuity or variable life insurance prospectus as well as the underlying fund prospectus for more detailed information and other important considerations, which should be read carefully before investing.
Portfolio Managers
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Patrick Kent, CFA
Deputy Head of Equity Opportunities, Portfolio Manager, Newton Investment Management North America, LLC
4 yr(s). on fund
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Andrew Leger
Portfolio Manager, Mellon Investments Corporation
1 yr(s). on fund
Fees & Expenses
Variable insurance products have additional fees, charges and expenses. Please consult the applicable variable contract prospectus for more detailed information.
Portfolio Manager/Sub-Investment Adviser
Asset Allocation
Main Risks
While stocks have historically been a leading choice of long-term investors, they do fluctuate in price. The value of a shareholder's investment in the fund will go up and down, sometimes dramatically, which means that shareholders could lose money.
Small companies carry additional risks because their earnings tend to be less predictable, their share prices more volatile and their securities less liquid than larger, more established companies. Some of the fund's investments are made in anticipation of future products and services that if delayed or cancelled could cause the company's stock price to drop. The fund may purchase securities of companies in initial public offerings (IPOs). The prices of securities purchased in IPOs can be very volatile.
Please refer to the prospectus for a more complete discussion of the fund's main risks.
Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.
Literature
Factsheet, Prospectus and Reports
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