 The
BNY Mellon International Equity ETF is an exchange-traded fund that
seeks to provide investors with exposure to a diversified portfolio of
non-U.S. equity securities. 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 BKIE ETF had a net asset value of approximately
$66 million and held over 1,200 individual stocks. The fund's
portfolio is diversified across multiple regions and sectors, with a
focus on companies with strong fundamentals, competitive advantages,
and attractive valuations. The fund's top holdings include companies
in the financial, consumer, and healthcare sectors.
The BKIE
ETF is designed to provide investors with a way to potentially benefit
from the growth potential of non-U.S. equity markets while also
diversifying their portfolio. However, investors should be aware that
investing in non-U.S. equity securities carries its own set of risks,
including currency risk, political risk, and economic risk.
The
expense ratio for the BKIE ETF is 0.11%, which is relatively low
compared to the expense ratios of other international equity funds.
This may make the BKIE ETF an attractive option for investors seeking
exposure to a diversified portfolio of non-U.S. equity securities at a
reasonable cost.
Overall, the BNY Mellon International Equity
ETF may be a suitable investment for investors seeking exposure to
non-U.S. equity securities. 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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