 The
BNY Mellon Concentrated International ETF is an exchange-traded fund
that seeks to provide investors with exposure to a concentrated
portfolio of high-quality, large-cap international companies. The fund
is managed by Mellon Investments Corporation, a subsidiary of The Bank
of New York Mellon Corporation, one of the largest financial
institutions in the world.
As of September 2021, the BKCI ETF
had a net asset value of approximately $51 million and held 25
individual stocks. The fund's portfolio is primarily composed of
companies domiciled in developed markets outside of the United States,
with a focus on companies with high returns on invested capital,
strong balance sheets, and sustainable competitive advantages. The
fund's top holdings include companies in the financial, healthcare,
and technology sectors.
The BKCI ETF is designed to provide
investors with a way to potentially benefit from the growth potential
of high-quality, large-cap international companies. However, investors
should be aware that investing in international stocks carries its own
set of risks, including currency risk, political risk, and economic
risk.
The expense ratio for the BKCI ETF is 0.16%, which is
relatively low compared to the expense ratios of other international
equity funds. This may make the BKCI ETF an attractive option for
investors seeking exposure to a concentrated portfolio of
high-quality, large-cap international companies at a reasonable cost.
Overall, the BNY Mellon Concentrated International ETF may be a
suitable investment for investors seeking exposure to a concentrated
portfolio of high-quality, large-cap international companies. However,
as with any investment, it is important to conduct your own research
and consider your investment goals and risk tolerance before investing
in the fund.
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