BKCI

BNY Mellon Concentrated International ETF

$51.58
+0.00%
Market closed. Last update: 4:19 AM ET

📎 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

Issuer Other
Inception Date 2021-12-08
Market Cap $175.4M
Average Volume N/A
Dividend Yield 0.72%
52-Week Range $43.23 - $53.08
VWAP $51.58

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.