 The
BNY Mellon US Mid Cap Core Equity ETF is an exchange-traded fund that
seeks to provide investors with exposure to a diversified portfolio of
mid-cap U.S. equities. 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 BKMC ETF had a net asset value of approximately
$38 million and held over 100 individual stocks. The fund's portfolio
is diversified across multiple sectors, with a focus on companies with
strong fundamentals, competitive advantages, and attractive
valuations. The fund's top holdings include companies in the
technology, healthcare, and financial sectors.
The BKMC ETF is
designed to provide investors with a way to potentially benefit from
the growth potential of mid-cap U.S. equities while also diversifying
their portfolio. However, investors should be aware that investing in
mid-cap equities carries its own set of risks, including market risk
and volatility.
The expense ratio for the BKMC ETF is 0.06%,
which is relatively low compared to the expense ratios of other
mid-cap U.S. equity funds. This may make the BKMC ETF an attractive
option for investors seeking exposure to a diversified portfolio of
mid-cap U.S. equities at a very low cost.
Overall, the BNY
Mellon US Mid Cap Core Equity ETF may be a suitable investment for
investors seeking exposure to mid-cap U.S. equities. 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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