- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 240 Greenwich Street New York NY United States of America 10286
- IPO Date
- Jan 2, 2019
- Business
- BNY Mellon Diversified Emerging Markets Fund (SBYEX) is an open-end mutual fund managed by BNY Mellon Investment Adviser, Inc., a subsidiary of The Bank of New York Mellon Corporation, that seeks long-term capital appreciation by investing primarily in equity securities of issuers domiciled in or conducting a majority of their business in emerging market countries. The fund offers diversified exposure to emerging markets through a portfolio that includes common stocks, preferred stocks, American Depositary Receipts, and other equity-linked instruments; it may also allocate up to 30% of assets to fixed-income securities, including emerging market sovereign and corporate debt, convertible securities, and derivative instruments such as futures, options, and swaps for hedging and efficient portfolio management. Core strategies encompass value and growth investing across sectors like financials, information technology, consumer discretionary, materials, and communication services, targeting companies with strong fundamentals, attractive valuations, and potential for sustainable growth in regions including Asia, Latin America, Eastern Europe, the Middle East, and Africa. Headquartered in New York, New York, the fund traces its roots to BNY Mellon's asset management heritage dating back to 1784 through its parent company, and it operates globally with a focus on institutional and retail investors seeking emerging markets allocation.
The fund maintains a flexible, multi-manager approach, drawing on BNY Mellon's research platform that integrates quantitative models, fundamental analysis, and ESG considerations to navigate market volatility and geopolitical risks inherent in emerging economies. Geographic operations span over 70 emerging market countries, with significant weightings typically in China, India, Taiwan, Brazil, and South Africa, alongside selective exposure to frontier markets for enhanced diversification. As part of BNY Mellon Investment Management, it benefits from the firm's scale, managing over $2 trillion in assets across mutual funds, ETFs, and separately managed accounts.