497 1 lp1.htm SUPPLEMENT TO PROSPECTUS AND SAI

September 20, 2023

 

 

BNY MELLON INVESTMENT FUNDS I

– BNY MELLON INTERNATIONAL EQUITY FUND

Supplement to Current Summary Prospectus and Prospectus

 

The following information supersedes and replaces the information in the second paragraph in the sections "Portfolio Management" in the summary prospectus and "Fund Summary – Portfolio Management" in the prospectus:

 

Louise Kernohan, Georgina Cooper and Thomas Wilson are the fund's primary portfolio managers, positions they have held since August 2023, August 2023 and September 2023. Ms. Kernohan is the Head of Global Opportunities at NIM. Mses. Kernohan and Cooper and Mr. Wilson are portfolio managers of global, international and UK equity strategies at NIM.

 

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The following information supersedes and replaces the information in the fourth paragraph in the section "Fund Details – Management" in the prospectus:

 

Louise Kernohan, Georgina Cooper and Thomas Wilson are the fund's primary portfolio managers, positions they have held since August 2023, August 2023 and September 2023. Mses. Kernohan and Cooper and Mr. Wilson are jointly and primarily responsible for managing the fund's portfolio. Ms. Kernohan is the Head of Global Opportunities and a portfolio manager of global, international and UK equity strategies at NIM, where she has been employed since November 2020. Prior to joining NIM, Ms. Kernohan was a member of the UK equities team, from April 2018 until October 2020, at Aberdeen Standard Investments (ASI), where she was employed since April 2018. Ms. Cooper is a member of the Global Opportunities team and a portfolio manager of global, international and UK equity strategies at NIM, where she has been employed since February 2022. Prior to joining NIM, Ms. Cooper was a member of the UK equities team, from 2016 until January 2022, at ASI, where she was employed since 2014. Mr. Wilson is a member of the Global Opportunities team and manages a selection of global and regional equity mandates, including Global Equity and International Equity strategies at NIM, where he has been employed since September 2023. Prior to joining NIM, Mr. Wilson was a part of the specialist equity team at Insight Investment (Insight), where he was employed since 2018. Prior to Insight, Mr. Wilson worked at BMO Asset Management (formerly F&C).

 

 

6916STK0923

 

September 20, 2023

 

 

BNY MELLON INVESTMENT FUNDS I

-BNY Mellon International Equity Fund

 

Supplement to Statement of Additional Information

 

The following information supplements the information contained in the section of the Statement of Additional Information entitled "Certain Portfolio Manager Information":

 

The following table lists the number and types of accounts (including the funds) advised by each fund's primary portfolio manager(s) and assets under management in those accounts as of the end of the last fiscal year of the funds they manage. If a portfolio manager is a primary portfolio manager for multiple funds with different fiscal year ends, information is provided as of the most recent last fiscal year end of the relevant funds, except if otherwise indicated.

Primary
Portfolio Manager
Registered Investment Companies Total Assets Managed Other Pooled Investment Vehicles Total Assets Managed Other Accounts Total Assets Managed
Georgina Cooper1 0 N/A 2 $979M 1 $158M
Louise Kernohan2 0 N/A 2 $979M 1 $158M
Thomas Wilson3 0 N/A None N/A None N/A

 

1Because Ms. Cooper became a primary portfolio manager of BNYMIEF as of August 21, 2023, her information is as of July 31, 2023.
2Because Ms. Kernohan became a primary portfolio manager of BNYMIEF as of August 21, 2023, her information is as of July 31, 2023.
3Because Mr. Wilson became a primary portfolio manager of BNYMIEF as of September 20, 2023, his information is as of August 31, 2023.

The following table provides information on accounts managed (included within the table above) by each primary portfolio manager that are subject to performance-based advisory fees.

 

Primary
Portfolio Manager
Type of Account Number of Accounts
Subject to Performance Fees
Total Assets of Accounts Subject to Performance Fees
Georgina Cooper None N/A N/A
Louise Kernohan None N/A N/A
Thomas Wilson None N/A N/A

 

The following table lists the dollar range of fund shares beneficially owned by the primary portfolio manager(s) as of the end of the fund's last fiscal year, except if otherwise indicated.

Primary Portfolio Manager Fund Dollar Range of Fund Shares Beneficially Owned
Georgina Cooper1 BNYMIEF None
Louise Kernohan2 BNYMIEF None
Thomas Wilson3 BNYMIEF None

 

 
 
1Because Ms. Cooper became a primary portfolio manager of BNYMIEF as of August 21, 2023, her information is as of July 31, 2023.
2Because Ms. Kernohan became a primary portfolio manager of BNYMIEF as of August 21, 2023, her information is as of July 31, 2023.
3Because Mr. Wilson became a primary portfolio manager of BNYMIEF as of September 20, 2023, his information is as of August 31, 2023.

 

GRP5-SAISTK-0923