BKCI
BNY Mellon Concentrated International ETF
📎 Investment Objective
The BNY Mellon Concentrated International ETF (BKCI) seeks to provide long-term capital appreciation by investing in a concentrated portfolio of international equities.
Overview
ETF tracking BNY Mellon Concentrated International ETF
Performance
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Investment Summary
📎 Investment Objective
The BNY Mellon Concentrated International ETF (BKCI) seeks to provide long-term capital appreciation by investing in a concentrated portfolio of international equities.
🎯 Investment Strategy
The fund invests primarily in the common stocks of non-U.S. companies that the portfolio managers believe are undervalued and have the potential for capital appreciation. The portfolio is concentrated in a limited number of holdings, typically 30-50 stocks, to allow the managers to take high-conviction positions.
✨ Key Features
- Concentrated international equity portfolio with a focus on undervalued companies
- Actively managed strategy that aims to outperform the broader international equity market
- Diversified across developed and emerging market countries outside the U.S.
- Relatively high active share compared to international equity benchmarks
⚠️ Primary Risks
- Concentration risk as the fund holds a limited number of securities
- Exposure to international and emerging market equities, which can be more volatile than domestic stocks
- Potential for underperformance relative to the broader international equity market
- Currency risk as the fund's holdings are denominated in foreign currencies
👤 Best For
The BNY Mellon Concentrated International ETF may be suitable for investors seeking long-term capital appreciation through exposure to a focused portfolio of international equities. This fund may be appropriate for investors with a higher risk tolerance who are willing to accept the increased volatility that can come with a concentrated investment strategy.
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