BNY Mellon Global Bond Fund

Prepared for professional investors

As at 30 September 2011

Investment objective
The Sub-Fund aims to maximise total returns from income and capital growth through investment primarily (meaning at least 90% of the Sub-Funds assets) in a portfolio of international sovereign, government, agency, corporate, bank and asset backed debt and debt-related securities and in derivatives.

Performance record over 5 years

50

% Change

BNY Mellon Asset Management Company

Newton Investment Management: Newton pursues a distinctive global thematic investment approach and provides added value from extensive proprietary research.

40.44 BNY Mellon Global Bond Fund

40 30 20 10 0

General information
Total net assets (million) $ 1,163.43 Lipper sector Lipper Global - Global Bonds / Offshore USD based only Benchmark JP Morgan Global Govt Bond Index unhedged USD Fund domicile Dublin Fund type ICVC Fund manager Paul Brain Alternate Howard Cunningham / Jon Day Base currency USD Currencies available EUR, USD, GBP

46.47 JP Morgan Global Govt Bond Index unhedged USD

Sep 07

Sep 08

Sep 09

Sep 10

Sep 11

Source: Lipper as at 30 September 2011. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in Fund - USD A share class currency.

Performance to
Fund - USD A share class Fund - USD C share class JP Morgan Global Sector average Fund - EUR A share class Fund - EUR C share class Fund - EUR H share class

Annualised 1 month 3 months 6 months -1.83 -1.79 -1.44 -2.49 4.99 5.03 -1.81 -1.77 5.77 4.64 56 135 2 2.67 2.80 3.06 -1.10 10.10 10.23 2.73 2.85 11.37 6.90 13 134 1 5.93 6.20 6.50 0.65 11.46 11.74 6.18 6.40 12.64 6.50 7 130 1 YTD 7.01 7.41 7.07 2.24 6.11 6.52 7.26 7.55 7.06 2.26 9 125 1 1 year 3 years 5 years 3 years 5 years 3.91 4.43 5.16 1.32 5.27 5.62 3.59 4.02 7.01 3.12 17 114 1 23.29 25.12 27.41 22.62 31.11 32.85 22.47 23.99 33.39 28.40 36 79 2 40.44 43.96 46.47 32.99 32.04 35.13 38.29 25.66 12 69 1 7.23 7.76 8.41 6.99 9.45 9.93 6.99 7.43 10.08 8.64 36 79 2 7.02 7.55 7.92 5.81 5.71 6.20 6.69 4.62 12 69 1

Key dates
Fund launch Close of financial year 28 Feb 1987 31 Dec

Dealing
09:00 to 17:00 each business day Valuation point: 12:00 Dublin time

USD A share class (primary)

General Share class launch date Maximum initial charge Annual management charge Minimum investment Codes ISIN Bloomberg Sedol Valoren WKN Registered for sale in: 10 Dec 2001 5.00% 1.00% $ 5,000 IE0003924739 MELINA1 ID 0392473 CH1332404 798118

Fund - EUR I share class JP Morgan Global Sector average Ranking of fund in sector No. of funds in sector Quartile rank

AT, FR, DE, GIB, GR, GUE, HK, IRL, IT, JER, LU, NL, NO, PT, ES, SE, CH, TW, UK

Source: Lipper as at 30 September 2011. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in share class currency.

Calendar Performance
2010
Fund 6.82 6.42 2

USD C share class

General Share class launch date Maximum initial charge Annual management charge Minimum investment Codes ISIN Bloomberg Sedol Valoren WKN Registered for sale in: 19 Dec 2001 5.00% 0.50% $ 5,000,000 IE0003932492 MELINC1 ID 0393249 CH1332458 798120 Index Quartile Rank

2009
3.59 1.90 4

2008
4.36 12.00 2

2007
10.00 10.81 1

2006
5.52 5.94 2

Source: Lipper as at 30 September 2011. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in Fund - USD A share class currency.

Statutory performance data updated quarterly

From To Fund 30 Sep 10 30 Sep 11 3.9% 30 Sep 09 30 Sep 10 8.3% 30 Sep 08 30 Sep 09 9.6% 28 Sep 07 30 Sep 08 3.4% 29 Sep 06 28 Sep 07 10.2%

AT, CL, FR, DE, GIB, GR, GUE, HK, IRL, IT, JER, LU, NL, NO, PE, ES, SE, CH, TW, UK

Historical fund statistics - 3 years

Jensen alpha Beta Correlation to benchmark Annualised information ratio Annualised Sharpe ratio Annualised tracking error R -0.15 1.10 0.96 -0.29 0.63 3.78 0.86

Source: Lipper as at 30 September 2011. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in Fund - USD A share class currency.

Asset Allocation
%
United States Germany United Kingdom Netherlands Finland Luxemburg Canada Others

Credit quality breakdown

%
AAA AA A BBB Cash

19.65 10.33 9.28 7.13 6.57 5.67 5.11 26.90

72.57 9.04 8.07 1.41 8.91

Important information
This is a financial promotion and is not intended as investment advice. The information provided within is for use by professional investors and/or distributors and should not be relied upon by retail investors. All information prepared within has been prepared by BNY Mellon Asset Management International Limited (BNYMAMI) except where otherwise stated. Any views and opinions are those of BNYMAMI at the time of going to print and are not intended to be construed as investment advice. BNYMAMI and its affiliates are not responsible for any subsequent investment advice given based on the information supplied. This document may not be used for the purpose of an offer or solicitation in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful or not authorised. Past performance is not a guide to future performance. The value of investments and the income from them is not guaranteed and can fall as well as rise due to stock market and currency movements. The impact of the initial charge can be material on the performance of your investment. Performance

Mellon Global Funds, plc

BNY Mellon Global Bond Fund

Prepared for professional investors
figures including the initial charge are available upon request. When you sell your investment you may get back less than you originally invested. The Prospectus should be read before an investment is made. The investment objectives and policies for each sub-fund are outlined in the Supplements to the Prospectus. This document can be obtained from BNY Mellon Global Management Limited (BNY MGM), 33 Sir John Rogersons Quay, Dublin 2, Ireland. To help us continually improve our service and in the interest of security, we may monitor and/or record your telephone calls with us. BNY Mellon Global Funds, plc (BNY MGF) is an open-ended umbrella type investment company with variable capital (ICVC) and segregated liability between sub-funds, incorporated with limited liability under the laws of Ireland. It qualifies and is authorised in Ireland by the Central Bank of Ireland (CB) as an undertaking for collective investment in transferable securities pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2003 (S.I. No 211 of 2003), as amended. The Manager of BNY MGF is BNY MGM. The Manager is approved as a management company and regulated by the CB under the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2003 (SI No 211 of 2003), as amended. The Global (ex US) Distributor of BNY MGF is BNYMAMI. ICVC investments should not be regarded as short-term and should normally be held for at least five years. Changes in the rates of exchange may affect the value of investments. The Fund can invest in overseas securities which may also generate profits overseas and pay dividends in foreign currencies, which means the Fund is exposed to changes in currency rates. The Fund takes its charges from the income of the Fund. The impact of Fund charges may be material on the value of any income you receive from your investment. There is potential for future capital erosion if insufficient income is generated by the Fund to cover these charges. The Fund may hold fixed interest securities, which are particularly affected by trends in interest rates and inflation. This may affect the capital value of your investment. The Fund may use derivatives for efficient portfolio management (EPM) purposes. EPM restricts the use of derivatives for the reduction of risk, the reduction of cost and the generation of additional capital or income with no or an acceptable low level of risk. EPM transactions must be economically appropriate and the exposure fully covered. In addition to EPM, the Fund uses derivatives in pursuit of its investment objectives. All of these factors may affect the performance of the Fund. In Austria, the current Prospectus and the Simplified Prospectus are available free of charge from Raiffeisen Zentralbank sterreich Aktiengesellschaft, Am Stadtpark 9, A-1030 Vienna. In Switzerland, BNP Parisbas Securities Services, Paris, succursale de Zurich acts as representative agent and paying agent for BNY MGF. The Prospectus, Simplified Prospectus, Articles of Association, Annual Report and SemiAnnual Report may be obtained free of charge from their offices at Selnaustrasse 16, 8002 Zurich, Switzerland. BNY MGF is a collective investment vehicle (Institucin de Inversin Colectiva) that is duly registered by the Comisin Nacional del Mercado de Valores on the Register of foreign Collective Investment Institutions commercialised in Spain (Registro de Instituciones de Inversin Colectiva extranjeras comercializadas en Espaa) under the number 267. This document is issued in the UK and mainland Europe (excluding Germany) by BNYMAMI, 160 Queen Victoria Street, London EC4V 4LA. Registered in England No. 1118580. Authorised and regulated by the Financial Services Authority. In Dubai, United Arab Emirates, this document is issued by the Dubai branch of The Bank of New York Mellon, which is regulated by the Dubai Financial Services Authority. If this document is used or distributed in Hong Kong, it is issued by BNY Mellon Asset Management Hong Kong Limited (BNYMHK), whose business address is Level 14, Three Pacific Place, 1Queens Road East, Hong Kong. BNYMHK is regulated by the Hong Kong Securities and Futures Commission and its registered office is at 6th floor, Alexandra House, 18 Chater Road, Central, Hong Kong. If this document is used or distributed in Australia, it is issued by BNY Mellon Asset Management Australia Limited (ABN 56 102 482 815, AFS License No. 227865) located at Level 6, 7 Macquarie Place, Sydney, NSW 2000. If this document is used or distributed to intermediaries in the United States of America, it is issued by Dreyfus Investments, a division of MBSC Securities Corporation, located at 200 Park Avenue, New York NY 10166, USA. MBSC Securities Corporation is a member of FINRA. The products outlined are not available to US Persons. In Singapore, this document is issued by The Bank of New York Mellon, Singapore Branch for presentation to professional investors. The Bank of New York Mellon, Singapore Branch, One Temasek Avenue, #02-01 Millenia Tower, Singapore 039192. Regulated by the Monetary Authority of Singapore. BNYMAMI, BNY MGM, BNYMHK and MBSC are all ultimately owned by The Bank of New York Mellon Corporation. CP6741-13-05-2011(12M)

As at 30 September 2011
Top 10 Holdings

Maturity distribution
Percentage allocation

%
USA Treasury Bds 4.25% 15/5/39

50 41.15 40 Weightings 30 20 10 0 0-3 3-5 5-10 Years 10-15 15+ 25.35 17.72 11.49 4.29

7.73 4.74 3.52 3.39 3.19 3.15 3.05 2.96 2.72 2.71

Govt Of Netherlands 3.25% Bds 15/07/21 USA Treasury Nts 2% 30/4/16 USA Treasury Nts 2.625% 15/08/20 Finland 3.5% Bds 15/04/21 USA Treasury Nts 2.625% 30/04/18 UK Treasury Gilt 3.75% 07/09/20 Canada 2% Bds 01/06/16 UK Treasury Gilt 4.5% 7/12/42 Czech (republic Of) 4% Bds 11/04/17

Portfolio holdings are subject to change at any time without notice, are for information purposes only and should not be construed as investment recommendations.

Portfolio characteristics
Duration (in years) Average maturity (in years) Annual yield (%)

Fund
6.0 8.1 2.4

Index
6.9 8.6 2.1

Currency breakdown
US Dollar Yen Euro Sterling Other European Others

Fund
% 35.84 27.60 17.37 7.07 2.26 9.87

Index
% 32.36 31.99 24.57 7.47 1.02 2.60

Share Class Table

Share Class Launch Date Sedol ISIN Bloomberg Valoren WKN Max Initial Charge Annual Mgt Charge Min Initial Investment Performance Fee
EUR A 02 Jan 2002 0392172 IE0003921727 MELINAE ID CH1332389 693851 5% 1.00% 5,000 0.00% EUR C 02 Jul 2002 0393238 IE0003932385 MELINCE ID CH1332451 693853 5% 0.50% 5,000,000 0.00% EUR H 25 May 2007 B1XKC85 IE00B1XKC854 MEGBEHH ID 3138807 A0MXGC 5% 1.00% 5,000 0.00% EUR I 25 May 2007 B1XKC96 IE00B1XKC961 MEGBEIH ID CH3138786 A0MXGD 5% 0.50% 5,000,000 Nil

BNY Mellon Asset Management - Client Services

If in the UK Tel: 0500 660000 Fax: 08000 155668 Email: brokersupport@bnymellon.com web: www.bnymellonam.com Outside the UK Tel: +44 20 7163 2367 Fax: +44 20 7163 2039 Email: internationalsales@bnymellon.com web: www.bnymellonam.com

BNY Mellon Global Funds, plc