BNY Mellon Futurelegacy fund range Awarded Responsible Positive Prospect Rating
We are pleased to announce that we have awarded the BNY Mellon Futurelegacy fund range a Responsible Positive Prospect rating.
Although this is a relatively new strategy launch for BNY Mellon, we believe it has a number of attractive features. The range of 5 funds are managed by the multi-asset team at BNY Mellon affiliate, Newton Investment Management, and therefore benefits from its experience and expertise, along with the long standing responsible investment capabilities of the firm. BNY Mellon’s scale and the directly invested nature of the portfolios means that the funds can be offered at what we feel is an attractive price point.
In what is an unrepresented area of the market, we believe the range has all the attributes necessary to provide competitive long-term returns whist following the team’s sustainable investment approach.