PRODUCT HIGHLIGHTS SHEET

Transcription

1 Prepared on: 26 Ocber 2018 This Product Highlights Sheet is an important document. It highlights key terms and risks of BNY Mellon Global Dynamic Bond Fund ( Fund ), a sub-fund of BNY Mellon Global Funds, plc ( Company ), and complements prospectus of Company ( Prospectus ). 1 It is important read Prospectus before deciding wher purchase shares in Fund ( Shares ). If you do not have a copy, please contact us ask for one. You should not invest in Fund if you do not understand it or are not comfortable with accompanying risks. If you wish purchase Shares, you will need make an application in manner set out in Supplement. BNY MELLON GLOBAL DYNAMIC BOND FUND a sub-fund of BNY Mellon Global Funds, plc Product Type Manager Representative Capital Guaranteed Open-ended investment company BNY Mellon Global Management Limited BNY Mellon Investment Management Pte. Limited No Launch Date 5 August 2010 Depositary Dealing Frequency Expense Ratio for annual financial year ended 31 Dec 2017 PRODUCT SUITABILITY BNY Mellon Trust Company (Ireland) Limited Every Business Day (i.e. bank business day in Dublin) Class Euro A: 1.39% Class USD A: 1.39% Class USD A (Inc.): 1.39% Class AUD A (Acc.): N/A 2 Class AUD A (Inc.): N/A 2 Class CAD A (Acc.): N/A 2 Class CAD A (Inc.): N/A 2 Class Euro A (Inc.): N/A 2 Class HKD A (Acc.): N/A 2 Class HKD A (Inc.): N/A 2 Class CNH A (Acc.): N/A 2 Class CNH A (Inc.): N/A 2 Class SGD A (Acc.): N/A 2 Class SGD A (Inc.): N/A 2 Class Euro H (hedged): 1.39% Class Euro H (Inc.) (hedged): 1.39% Class SGD H (Acc.) (hedged): N/A 2 Class SGD H (Inc.) (hedged): N/A 2 Class AUD H (Acc.) (hedged): N/A 2 Class AUD H (Inc.) (hedged): N/A 2 Class CAD H (Acc.) (hedged): N/A 2 Class CAD H (Inc.) (hedged): N/A 2 Class CNH H (Acc.) (hedged): N/A 2 Class CNH H (Inc.) (hedged): N/A 2 Class USD W: 0.64% Class HKD W (Inc.): N/A 2 Class Euro W (hedged) 0.64% Class SGD W (Acc.) (hedged): N/A 2 Class SGD W (Inc.) (hedged): N/A 2 Class AUD W (Inc.) (hedged): N/A 2 Class CAD W (Inc.) (hedged): N/A 2 Class CNH W (Inc.) (hedged): N/A 2 1 The Prospectus comprises Supplement ( Supplement ) and base Prospectus of Company ( " Prospectus"). A copy of Prospectus is available at 2 Not available as Share class not incepted as at 31 December

2 WHO IS THE PRODUCT SUITABLE FOR? The Fund may be suitable for an invesr who has a medium long-term investment horizon. WHAT ARE YOU INVESTING IN? KEY PRODUCT FEATURES You are investing in a sub-fund of an open-ended investment company with variable capital incorporated in Ireland that is authorised by Central Bank of Ireland as a UCITS under European Union directives. The objective of Sub-Fund is maximize tal return from income and capital growth by investment primarily (meaning at least three-quarters of Fund s tal assets) in a globally diversified portfolio of predominantly corporate and government fixed interest securities. In case of income generating (Inc.) and accumulating (Acc.) Share classes, dividends will normally be declared quarterly on 31 December, 31 March, 30 June and 30 September. For holders of income generating Shares, declared dividends will normally be paid on or before 11 February, 11 May, 11 August and 11 November respectively. Dividends will only be paid out of net income received in respect of relevant Share class. If no net income has been received by Company in respect of Share class during relevant period, dividends will be declared at a rate of zero and no dividends will be paid. STRATEGY The Fund will: o invest anywhere in world; o invest in emerging markets; Investment Strategy o invest in a broad universe of bonds and similar debt investments (i.e. bonds issued by governments, companies and or public entities); o invest in bonds which at time of purchase may have a minimum credit rating of CCC-/Caa3 as rated by Standard & Poor's, Moody's, or or such recognised rating service, or if unrated, have been determined by Investment Manager be of an equivalent quality; o invest in derivatives (financial instruments whose value is derived from or assets) help achieve Fund's investment objective. The Fund will also use derivatives with aim of risk or cost reduction or generate additional capital or income; and o limit investment in or collective investment schemes 10%. The Fund may: o invest significantly in cash and cash-like investments. Parties Involved WHO ARE YOU INVESTING WITH? The Fund is a sub-fund of Company. The Manager for Fund is BNY Mellon Global Management Limited. The Manager has delegated its functions as administrar, registrar and transfer agent, and its investment management responsibilities. Newn Investment Management Limited has been appointed act as Investment Manager for Fund. BNY Mellon Fund Services (Ireland) Designated Activity Company has been appointed act as administrar, registrar and transfer agent. Objective, Focus and Approach in Supplement for on product suitability. Objective, Focus and Approach in Supplement, Distribution Policy in Prospectus, and supplement in Prospectus relating Fund for on key product features. Objectives and Policies in supplement in Prospectus relating Fund for furr information on investment strategy. Management and Administration of Company of Prospectus for on ir roles and responsibilities

3 BNY Mellon Trust Company (Ireland) Limited has been appointed act as depositary. KEY RISKS WHAT ARE THE KEY RISKS OF THIS INVESTMENT? The value of Shares relating Fund and income from m may go down as well as up and you may not get back full amount you invested. These risk facrs, among ors, may cause you lose some or all of your investment: Market and Credit Risks This Fund invests in international markets which means it is exposed changes in currency rates which could affect value of Fund. Emerging markets have additional risks due less-developed market practices. The issuer of a security held by Fund may not pay income or repay capital Fund when due. Liquidity Risks The Direcrs, with consent of Depositary, at any time and from time time may temporarily suspend calculation of Net Asset Value of Fund and issue, repurchase and conversion of Shares in certain circumstances as described in Supplement. Product-Specific Risks There is no guarantee that Fund will achieve its objectives. Derivatives are highly sensitive changes in value of asset from which ir value is derived. A small movement in value of underlying asset can cause a large movement in value of derivative. This can increase sizes of losses and gains, causing value of your investment fluctuate. When using derivatives, Fund can lose significantly more than amount it has invested in derivatives. Investments in bonds/ money market securities are affected by interest rates and inflation trends, which may negatively affect value of Fund. Bonds with a low credit rating or unrated bonds have a greater risk of default. These investments may negatively affect value of Fund. The insolvency of any institutions providing services such as cusdy of assets or acting as a counterparty derivatives or or contractual arrangements may expose Fund financial loss. Risks in Supplement and Risk Facrs in supplement in Prospectus relating Fund for on risks of investing in Fund. FEES AND CHARGES WHAT ARE THE FEES AND CHARGES OF THIS INVESTMENT? Payable directly by you Initial Sales Charge: All Share classes: Up 5% of tal subscription amount but currently nil. Redemption Fee: All Share classes: Up 3% of tal redemption amount but currently nil. Switching Fee: All Share classes: Up 5% but currently nil. Please note that subscription for Shares in Fund through any appointed distribur may incur additional fees and charges. You are advised check with relevant appointed distribur if such additional fees and charges are imposed. Payable by Fund from invested proceeds (expressed as an annual Fees and Charges of Supplement and Fees in supplement in Prospectus relating Fund for furr information on fees and charges

4 percentage of Net Asset Value) Management fee (per annum): Classes A and H: 1.25% Class W: 0.50% Or fees*: Depositary fee: Not exceeding 0.15% of Net Asset Value of Fund per annum, subject a minimum annual fee of US$30,000. Administrar fee: Shall not exceed 0.60% of Net Asset Value of Fund per annum. *Such fees shall accrue daily and be payable monthly in arrears (plus VAT, if any). VALUATIONS AND EXITING FROM THIS INVESTMENT HOW OFTEN ARE VALUATIONS AVAILABLE? The indicative Net Asset Value per Share (for incepted Share classes) may be obtained from two Business Days after relevant Business Day on which Net Asset Value per Share is determined. HOW CAN YOU EXIT FROM THIS INVESTMENT AND WHAT ARE THE RISKS AND COSTS IN DOING SO? You can exit from this investment by submitting a request for repurchase of Shares on any Valuation Day at Valuation Point any appointed distribur. No cancellation period is available and you cannot cancel your subscription in Fund. All requests for repurchase of Shares must be received prior Dealing Deadline. Any requests for repurchase received after Dealing Deadline will be dealt with on next Valuation Day, provided that with agreement of Administrar and Direcrs, requests for repurchase received after that time but before Valuation Point may be accepted for relevant Valuation Day. Your request will be processed at Repurchase Price for relevant class of Fund calculated as at relevant Valuation Day at Valuation Point. The Repurchase Price for a class is Net Asset Value per Share of that class (subject any dilution adjustment). Your repurchase proceeds will be based on Net Asset Value per Share of that class as at relevant Valuation Day at Valuation Point multiplied by number of Shares redeemed, less any charge. An example is as follows: Repurchase request X Repurchase Price (no redemption charge) = Repurchase proceeds 1,000 Shares X US$15.00 = US$15, You should normally receive repurchase proceeds in currency of relevant Class in your account within three Business Days after Valuation Day on which repurchase is effected. CONTACT INFORMATION HOW DO YOU CONTACT US? You may contact Representative at One Temasek Avenue #04-02 Millenia Tower, or at telephone number APPENDIX: GLOSSARY OF TERMS Redemption of Shares, Obtaining Price Information, and Method of Valuation for Funds Investments of Supplement for on exiting from your investment. Articles : The Memorandum and Articles of Association of Company as amended from time time. Business Day : Each day which is a bank business day in Dublin. Dealing Deadline : The dealing deadline for receipt of subscription, redemption or switching requests is 12:00 pm (Dublin time) on a Valuation Day

5 Direcrs : The board of direcrs of Company, including duly authorised committees of board of direcrs. Investment Manager Net Asset Value of Fund Net Asset Value per Share Repurchase Price : Newn Investment Management Limited. : The net asset value of Fund calculated in accordance with provisions of Articles. : The net asset value per Share of Fund calculated in accordance with provisions of Articles. : The Net Asset Value per Share (subject any dilution adjustment) attributable a particular class or Fund at date of redemption. Shareholders : A person who is registered as holder of Shares in register of Shareholders for time being kept by or on behalf of Company. Valuation Day : Each Business Day or such or days as Direcrs may determine provided that all Shareholders are notified in advance and provided that re shall be at least one Valuation Day in each week. Valuation Point : 12:00 pm (Dublin time) on a Valuation Day or such or time as Direcrs may from time time determine provided that such time is always after Dealing Deadline and provided that all Shareholders are notified in advance