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BNY Mellon Growth And Income ETF Model

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Why Invest in Our Model

  • Seeks to provide investors with growth through capital return and income.
  • Invests in a diversified portfolio of ETFs from BNY Mellon and external asset managers, which are comprised of stocks, bonds and some alternatives.
  • Model is designed to address the specific needs of investors while providing an appropriate risk tolerance.
INCEPTION
DATE
08/01/20
WEIGHTED AVG.
EXPENSE RATIO
0.11%As of 01/31/24

Weighted Average Expense Ratio is calculated based on each of the underlying ETF's latest prospectus net expense ratio and the proportional size of each ETF' s weighted position within the overall portfolio.

12-Month Portfolio Yield is the sum of the portfolio's total trailing 12-month interest and dividend payments divided by the last month's ending share price (NAV) plus any capital gains distributed over the same period. The yield shown is represented by the weighted average 12 month trailing yield of the underlying ETFs' weighted positions within the portfolio.

Portfolio Asset Allocation

As of

  • Display Net data
  • Display Gross data
Annualized Returns
As of 01/31/24 3M As of 01/31/24 YTD 1 YR 3 YRS 5 YRS 10 YRS SINCE INCEPTION
BNY Mellon Growth and Income ETF Model - Net 11.50 -0.92 4.57 0.36 - - 3.42
Custom (Growth and Income) 12.15 0.13 10.53 3.33 - - -

Performance Inception Date: August 1, 2020

Portfolio returns assume the reinvestment of dividends, are net of underlying fund expenses, and are net of a 2.0% annual account advisory fee, which is the maximum anticipated advisory fee. Please refer to the Important Performance Disclosures at the bottom of the page for more information. Past performance is no guarantee of future results.

The performance data quoted represents past performance, which is no guarantee of future results. Investment return fluctuates and an investor's shares may be worth more or less than original cost upon redemption. Performance returns for less than one year are not annualized. Current performance may be lower or higher than the performance quoted.

Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index.

On January 1, 2023, the Custom Growth and Income benchmark was changed from a combination of 60% S&P 500® Index and 40% Bloomberg U.S. Aggregate Bond Index to a combination of 35% Russell 3000 Index, 20% MSCI ACWI ex-US gross Index, 20% Bloomberg U.S. Aggregate Bond Index and 25% Bloomberg U.S. Corporate High Yield Index for all periods since inception of the Model (the “January 2023 Benchmark”).

Subsequently, effective October 1, 2023, the Custom Growth and Income benchmark was redefined from the January 2023 Benchmark to a combination of 35% Russell 3000 Index, 20% MSCI ACWI ex-US net Index, 20% Bloomberg U.S. Aggregate Bond Index and 25% Bloomberg U.S. Corporate High Yield Index. The rebalancing schedule was changed from monthly to quarterly rebalancing. This is a retroactive change for all periods since inception of the Model.

Actual Calendar Year Performance

  • Display Net data
  • Display Gross data

    Actual portfolio returns assume the reinvestment of dividends, are net of underlying fund expenses, and are net of a 2.0% annual account advisory fee, which is the maximum anticipated advisory fee. Please refer to the Important Performance Disclosures at the bottom of the page for more information. Past performance is no guarantee of future results.

    Net historical hypothetical performance for the SMA strategy model shown is based on the proportionally weighted blend of the net of fees performance of the benchmarks of the underlying ETFs within the strategy (including the cash position benchmark). Returns assume the reinvestment of dividends, and are net of a 2.0% annual account advisory fee, which is the maximum anticipated advisory fee, but do not reflect underlying fund expenses which would reduce returns. Please refer to the table above for the most recent asset allocation of the model: please refer to the Important Performance Disclosures at the bottom of the page for more information.

    The performance data quoted represents past performance, which is no guarantee of future results. Investment return fluctuates and an investor's shares may be worth more or less than original cost upon redemption. Performance returns for less than one year are not annualized. Current performance may be lower or higher than the performance quoted.

    Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index.

    On January 1, 2023, the Custom Growth and Income benchmark was changed from a combination of 60% S&P 500® Index and 40% Bloomberg U.S. Aggregate Bond Index to a combination of 35% Russell 3000 Index, 20% MSCI ACWI ex-US gross Index, 20% Bloomberg U.S. Aggregate Bond Index and 25% Bloomberg U.S. Corporate High Yield Index for all periods since inception of the Model (the “January 2023 Benchmark”).

    Subsequently, effective October 1, 2023, the Custom Growth and Income benchmark was redefined from the January 2023 Benchmark to a combination of 35% Russell 3000 Index, 20% MSCI ACWI ex-US net Index, 20% Bloomberg U.S. Aggregate Bond Index and 25% Bloomberg U.S. Corporate High Yield Index. The rebalancing schedule was changed from monthly to quarterly rebalancing. This is a retroactive change for all periods since inception of the Model.

    Portfolio Managers/Sub-Investment Adviser

    BNY Mellon Securities Corporation (“BNYMSC”) is the investment advisor of record with respect to the SMA strategy described above; BNY Mellon provides certain investment advisory services to BNYMSC in connection with that strategy.  Elena Goncharova, CFA, is the portfolio manager for the model, a position she has held since the model's inception. She works with clients on investment solutions tailored to clients' objectives by utilizing a multi-manager approach across multiple asset classes. Andrew Armstrong, CFA, is the investment strategist. He is responsible for aiding the investment decisions and improving and developing analytical models.

    • Elena  Goncharova, CFA

      Lead Portfolio Manager

      4 year(s) as Portfolio Manager

    • Andrew Armstrong, CFA

      Investment Strategist

      2 year(s) as Portfolio Manager

    Literature

    BNY MELLON GROWTH AND INCOME ETF MODEL

    MARK-142123-2020-09-23