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BNY Mellon Global Absolute Return Accumulation Inclusive

You can buy or sell holdings in this fund through anISALifetime ISASIPPorFund & Share Account

You can buy or sell holdings in this fund through anISALifetime ISASIPPorFund & Share Account

The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

With income units, any income is paid as cash. This can be withdrawn, reinvested or simply held on your account. With accumulation units any income is retained within the fund; the number of units remains the same but the price of each unit increases by the amount of income generated within the fund. Generally accumulation units offer a slightly more efficient way to reinvest income, although many investors will choose to hold income units and reinvest the income to buy extra units.

The initial saving applied to a fund depends on how it is priced. Dual priced funds have two different prices (a sell price and a buy price); single priced funds have a single price (at which the fund can be bought and sold).

For dual priced funds the difference between the buy and sell price is made up of the initial charge and other costs e.g. the fund managers dealing costs. The initial saving from HL will reduce the buying price, but even with a full discount the buying price may still be higher than the selling price.

For single priced funds the price quoted does not include the initial charge. Any initial charge after deduction of the initial saving from HL will be added to the price quoted.

Please note that even where a full saving is offered adilution levycould be applied on the way in or out of the fund.

For full details please see theHL guide to fund prices, savings and yields

The figure will either be referred to as an ongoing charges figure (OCF) or a total expense ratio (TER), depending on the type of fund. Both include other expenses such as depositary, registrar, accountancy, auditor and legal fees. The only material difference is that the OCF excludes any performance fees (which would be shown separately on the funds Key Investor Information Document), whereas the TER includes any performance fees paid over the past year.

The OCF/TER is provided to us by the fund manager and is accurate as at the date listed at the bottom of this page (please note it may change over time). Before investing please ensure you have read the Simplified Prospectus / Key Investor Information Document (KIID) for the fund.

Please note that in a minority of cases there is a difference between the quoted ongoing charge for a funds income and accumulation units. Where this is the case, we will show the higher of the two figures here. The ongoing charge (OCF/TER) quoted by the fund manager is displayed in their Key Investor Information Document or Simplified Prospectus.

HMRC believes that from April 2013 rebates of annual charges (such as loyalty bonuses) paid on funds held in nominee accounts, such as our Fund & Share Account, should be subject to income tax. Loyalty bonuses paid on funds in ISAs and SIPPs are unaffected, and they remain tax-free.

We believe all loyalty bonuses are tax-free and we are challenging HMRCs interpretation. However, while we make this challenge we are paying loyalty bonuses within the Vantage Fund & Share Account net of an amount equivalent to the basic rate tax. If we are successful in our challenge we will return this money to clients. If we are unsuccessful we will use the money to pay over any amounts due to HMRC.

If loyalty bonuses are taxable then the value of our ongoing saving to you could be reduced, depending on the rate of tax you pay. The below table gives an indication of how this may affect you.

In this case, the ongoing saving is 0.75, of which 0.75 is paid by loyalty bonus. The tax that could be payable on this loyalty bonus, and therefore the value of this saving to you, is shown below.

Tax rules can change and benefits depend on individual circumstances. Please remember loyalty bonuses received on funds held in the Vantage ISA or Vantage SIPP are exempt from tax.

Also, loyalty bonuses received by overseas investors, companies and charities are not required to be paid with the deduction of tax. Therefore, if you are an overseas investor, or you represent a company or charity please let us know if you would like your loyalty bonuses paid without the deduction of an amount equivalent to the basic rate tax.

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may bein a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.

To invest in, youll need to have an account. Try our handy filter to explore the different options.

To invest in, youll need to open an account. Try our handy filter and find out which suits you best.

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

TheWealth 50is the list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments we believe Wealth 50 funds are superior alternatives.View funds on the Wealth 50

The objective of the Sub-Fund is to deliver positive returns on an annual basis with the prospect of attractive long-term capital growth. The Sub-Fund aims to deliver cash (3 month GBP LIBOR) +4% on a rolling annualised 5 year basis before fees. However, a positive return is not guaranteed and a capital loss may occur.The policy of the Sub-Fund is to gain exposure through a dynamic allocation to a range of asset classes including: fixed income, cash, near cash and deposits, equities, property, commodities and infrastructure. Exposure to these will be achieved through investment in collective investment schemes, transferable securities, money market instruments, deposits and derivatives. Investment in property, commodities and infrastructure will be indirect.The Sub-Fund may also use collective investment schemes to gain exposure to absolute return strategies and may use derivatives to obtain long and short exposures.Derivatives may be used for investment purposes as well as for efficient portfolio management.

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 31 August 2019.

iShares J.P. Morgan $ Emerging Markets Bond UCITS ETF

iShares Euro Corporate Bond Large Cap UCITS ETF

iShares $ High Yield Corporate Bond UCITS ETF

iShares Euro High Yield Corporate Bond UCITS ETF

Data policy -All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 17 October 2019. Data provided by Funds Library, correct as at 31 July 2019.

Steve joined Insights multi-asset group in January 2008 and is responsible for investment selection for our diversified fund range. Before joining Insight he spent five years at BT Financial Group, Australia (formerly Rothschild Australia Asset Management), where from 2004 he was Head of External Investments, responsible for investment and manager research, due diligence, selection and portfolio construction.

4If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.

This fund is on the Wealth 50 list of our favourite funds.

This fund is on the Wealth 50 list of our favourite funds.

This fund is on the Wealth 50 list of our favourite funds.

This fund is on the Wealth 50 list of our favourite funds.

This fund is on the Wealth 50 list of our favourite funds.

This fund is on the Wealth 50 list of our favourite funds.

Our website offers information about investing and saving, but not personal advice. If youre not sure which investments are right for you, please request advice, for example from ourfinancial advisers. If you decide to invest, read ourimportant investment notesfirst and remember that investments can go up and down in value, so you could get back less than you put in.