The US fund which uses this dynamic total return strategy has recently passed the $1bn mark and has been the number one fund in the Morningstar Multialternative universe over five years.
The new Dublin-domiciled UCITS version is aimed at investors seeking to achieve managed growth with a lower drawdown. It will primarily use futures to gain exposure to global equity and bond markets but will also invest in more specialist asset classes such as currencies, commodities and inflation-protected securities.
“The Fund is a diversified growth fund which seeks to profit from mis-pricings across assets and between markets,” said Vassilis Dagioglu, lead manager of the new fund. Dagioglu is also lead manager on the US vehicle.
Matt Oomen, head of European distribution at BNY Mellon Investment Management EMEA, said: “We are seeing significant and growing client demand for multi-asset investment solutions.
“The Fund seeks to profit from mis-pricings across assets and between markets,”
“The Dynamic Total Return Fund provides our clients with access to an equity-like target return product alongside our existing suite of absolute return and total return products.
The Fund is part of BNY Mellon’s Global Fund range and is available to investors in Germany, France, Italy, Switzerland, Spain, Portugal, Denmark and the Netherlands.