BNY Mellon unveils dynamic value ETF
Nov 7th, 2024 | By James Lord, CFA
BNY Mellon has introduced a new ETF, offering investors an actively managed, value-focused approach to US large-cap equities.
BNY Mellon has introduced a new ETF, offering investors an actively managed, value-focused approach to US large-cap equities.
BNY Mellon Investment Management has launched two new actively managed US equity ETFs targeting the investment themes of gender equality and innovation.
BNY Mellon Investment Management has launched a new actively managed equity ETF targeting opportunities in the global infrastructure asset class.
BNY Mellon Investment Management has launched its first actively managed fixed income ETF to directly incorporate ESG criteria.
BNY Mellon has introduced its first sustainability-focused ETFs, launching a trio of actively managed equity strategies on NYSE Arca.
BNY Mellon Investment Management has launched an actively managed ETF comprising high-conviction growth stocks listed in developed markets outside of the US.
BNY Mellon Investment Management has introduced its first actively managed ETF with the launch of an ultra-short bond fund. The BNY Mellon Ultra-Short Income ETF (BKUI US) aims to provide high current income while focusing on volatility management and downside protection.
Financial services giant BNY Mellon has launched five new ultra-low-cost ETFs to complement the trio of funds which signaled the firm’s debut as an ETF issuer two weeks ago. The new additions include two equity ETFs tracking international developed and emerging market stocks, and three fixed income ETFs covering US aggregate, short-term corporate, and high-yield bond exposures. In line with its inaugural ETFs, the new funds are amongst the lowest-cost in their categories, with the aggregate bond ETF listed with a management fee of zero.
JP Morgan Asset Management has added to its ‘BetaBuilders’ suite of low-cost, passively managed ETFs with the launch of the JPMorgan BetaBuilders US Mid Cap Equity ETF (BBMC US) on NYSE Arca. The fund is linked to the Morningstar US Mid Cap Target Market Exposure Extended Index and provides investors with liquid, cost-effective access to mid-cap equities trading in the US. It comes with an expense ratio of 0.07%.
Financial services giant BNY Mellon has introduced a trio of ultra-low-cost ETFs, with five more launches planned for the coming weeks. The NYC-headquartered firm is well established in the ETF space as a custodian and administrator but this is the first time it has rolled out its own ETFs. Mitchell Harris, CEO of BNY Mellon Investment Management, said, “We are putting the entire firm to work for our clients to offer high-quality products at a very competitive fee level.”