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    BNY Mellon Concentrated International ETF (BKCI)

    • CUSIP 09661T834
    • NAV  $ 51.27 As of  06/18/24
    • CHG  $ 0.14 (0.27 %)
    • MKT PRICE  $51.32 As of  06/18/24
    • CHG  $-0.01 (-0.02 %)
    • TOT EXPENSE RATIO  0.80% 

    Why invest in this Fund?

    • The fund's investment objective is long-term total return.
    • The fund may be appropriate for investors seeking investment opportunities in developed international companies with strong fundamentals and the potential for sustainable earnings growth.
    • Experienced investment team specializing in bottom-up, fundamental research looks to build a concentrated portfolio of high conviction investment ideas.
    • Exchange-traded fund (ETF) structure allows investors intra-day liquidity and the potential for tax-efficient investing.
    INCEPTION DATE
    12/06/21
    NET ASSETS
    $76,898,636  As of  06/18/24
    NUMBER OF SHARES OUTSTANDING
    1,500,001  As of  06/18/24
    MARKET PRICE 52-WEEK HIGH
    $52.49  As of  06/06/24
    MARKET PRICE 52-WEEK LOW
    $42.36  As of  10/27/23
    TURNOVER RATIO TTM
    5.2 As of  05/31/24
    DISTRIBUTION FREQUENCY
    Annually
    Morningstar Category
    Foreign Large Growth
    Number of Holdings
    30 As of  05/31/24
    PRICE/EARNINGS RATIO
    21.71 As of  05/31/24
    PRICE/BOOK RATIO
    4.04 As of  05/31/24
    WEIGHTED AVERAGE MARKET CAP
    (in millions)
    $154 As of  05/31/24
    SUB-ASSET CLASS
    Global/International - Growth
    EXCHANGE
    NYSE-Arca

    Yields and Expense Ratio

    30-DAY SEC YIELD
    as of 06/18/24
     SUBSIDIZED
    UNSUBSIDIZED DIVIDEND YIELD
    (ANNUALIZED)
    as of  05/31/24
    CONTRACTUAL
    FEE WAIVER END DATE
    PROSPECTUS FEE TABLE EXPENSE RATIO (%)
    as of  03/01/24
    NET
    GROSS
    1.02 1.02 1.98 - 0.80 0.80

    Yield fluctuates and past performance is no guarantee of future results.

    The SEC 30-day Yield is calculated by dividing the net investment income per share earned during the period (calculated in accordance with regulatory guidelines) by the maximum offering price per share on the last day of the period.

    Unsubsidized yield displays what the fund's 30-Day SEC Yield would have been had no fee waiver or expense reimbursement been in place during the period.

     

    NAV - A fund's NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.

    Market Price - The market price is the most recent official closing price for the listed exchange.

    Dividend Yield (Annualized) - The dividend yield is the ratio of the fund’s annual dividend compared to it’s share price.

    Price/Earnings Ratio - Price-to-earnings (P/E) is the ratio of the market price of a firm’s common stock to its current (or predicted) earnings per share.

    Price/Book Ratio - Price-to-book value (P/B) is a ratio used to compare a stock's market value with its book value. It is calculated by dividing the current closing price of the stock by the latest quarter’s book value (assets minus liabilities).

    Weighted Avg Market Cap - Weighted average market cap is the average market capitalization of corporations in a fund or index, weighted by the percentage of the holding in the fund or index.

    Portfolio Managers

    • Jane Henderson

      Jane Henderson

      Portfolio Manager, Walter Scott & Partners Limited

      Managing Fund Since Inception

      Joined Firm in 1995

      Joined Industry in 1995

    • Roy Leckie

      Roy Leckie

      Portfolio Manager, Walter Scott & Partners Limited

      Managing Fund Since Inception

      Joined Firm in 1995

      Joined Industry in 1995

    • Charlie Macquaker

      Charlie Macquaker

      Portfolio Manager, Walter Scott & Partners Limited

      Managing Fund Since Inception

      Joined Firm in 1991

      Joined Industry in 1991

    • Fraser Fox

      Fraser Fox, CFA

      Investment Manager, Walter Scott & Partners Limited

      Managing Fund Since 2022

      Joined Firm in 2003

      Joined Industry in 2003

    • Maxim Skorniakov

      Maxim Skorniakov, CFA

      Investment Manager, Walter Scott & Partners Limited

      Managing Fund Since 2022

      Joined Firm in 2003

      Joined Industry in 2003

    Daily Statistics

    As of  06/18/24 NAME 30-DAY MEDIAN 
    BID/ASK 
    SPREAD
    PREVIOUS DAY
    VOLUME
    20-DAY AVG 
    VOLUME
    PREMIUM/ 
    DISCOUNT
    YTD
    Total Return
    (NAV)
    BNY Mellon Concentrated International ETF
    0.17% 2,156 3,244 0.10% 4.60%

    The performance data quoted represents past performance, which is no guarantee of future results.

     

    30-Day Median Bid-Ask Spread - Gives investors the midpoint within the spread between an ETF’s selling price and buying price. It is calculated over the last 30 days in 10 second intervals by dividing the difference between the bid (sell price) and offer (buy price) by the midpoint of the National Best Bid Offer (NBBO) and identifying the median of those values.

    20-Day Avg Volume - 20-Day Average Volume is the sum of last 20 days of trading volume divided by 20 days.

    Premium / Discount - The amount the fund is trading above or below the reported NAV expressed as a percentage of the NAV. When the fund's market price is greater than the fund's NAV, it is said to be trading at a "Premium" and the percentage is expressed as a positive number. When the fund's market price is less than the fund's NAV, it is said to be trading at a "Discount" and the percentage is expressed as a negative number.

    Total Returns

    Click here for NAV Returns 
    MARKET PRICE
    Average Annual
    As of 05/31/24
    Name 3 MO
    05/31/24
    YTD
    05/31/24
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Concentrated International ETF
    BKCI
    1.36 4.29 10.34 - - - 1.46
    MSCI EAFE® Index
    4.54 7.07 18.53 3.06 8.05 4.60 -
    MARKET PRICE
    Average Annual
    As of 03/31/24
    Name 3 MO
    03/31/24
    YTD
    03/31/24
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Concentrated International ETF
    BKCI
    4.13 4.13 10.73 - - - 1.49
    MSCI EAFE® Index
    5.78 5.78 15.32 4.78 7.33 4.80 -

    The performance data quoted represents past performance, which is no guarantee of future results. Share price, yield and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted.

    Market Price performance is calculated using the most recent NYSE Arca Official Closing Price. Market Price returns do not represent investors’ returns had they traded shares at other times.

    The MSCI EAFE Index (Europe, Australasia, Far East) is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of developed markets, excluding the U.S. and Canada. Investors cannot invest directly in any index.

    Growth of $10,000 Investment

    Past performance is no guarantee of future results.

    Historical NAV and Market Price

      Historical Premium/Discount

      Premium and Discount Summary Table

      As of  06/18/24 Calendar Year 2023 Q1 2024
      Days Traded at Premium
      208 51
      Days Traded at Discount
      47 11

      The table shows the number of trading days in which the fund traded at a premium or discount to its closing NAV.  Past results are not indicative of future results.

      Premium/Discount

      Prospectus Fee Table Expense Ratios

      Fees as stated in the prospectus  Fee Description Total Expense Ratio (%)
      Management Fee 0.80%
      Other Expenses 0.00%
      Total Expenses 0.80%
      Net Expenses 0.80%

      The Total Expenses is the actual fund expense ratio applicable to investors.


      Portfolio Manager/Sub-Investment Adviser

      The fund's investment adviser is BNY Mellon ETF Investment Adviser, LLC, and the fund's sub-adviser is Walter Scott, an affiliate of the Adviser. Investment decisions for the fund have been made since the fund's inception in November 2021 by Walter Scott's Investment Team, which is overseen by Walter Scott's Investment Management Committee (IMC). Those on the Investment Team with the most significant responsibility for the day-to-day management of the fund are the individuals comprising the firm's Investment Executive: Roy Leckie, a director of Walter Scott and co-chair of the IMC; Charlie Macquaker, a director of Walter Scott and co-chair of the IMC; Jane Henderson, Managing Director of Walter Scott; Fraser Fox, an investment manager; and Maxim Skorniakov, an investment manager.

      Top Holdings

      As of 06/20/24
      Holdings % Portfolio Weight
      NOVO NORDISK A/S-B 5.64
      TAIWAN SEMICONDUCTOR-SP A 5.25
      ALIMENTATION COUCHE-TARD 5.15
      COMPASS GROUP PLC 4.83
      ASML HOLDING NV 4.53
      SAP SE 4.04
      TOTALENERGIES SE 3.94
      MERCK KGAA 3.76
      AMADEUS IT GROUP SA 3.69
      EXPERIAN PLC 3.57
      AIR LIQUIDE SA 3.51
      LVMH MOET HENNESSY LOUIS 3.36
      CSL LTD 3.01
      KEYENCE CORP 3.01
      SHIN-ETSU CHEMICAL CO LTD 2.95
      CAPITALAND ASCENDAS REIT 2.94
      CLP HOLDINGS LTD 2.90
      NESTLE SA-REG 2.85
      L'OREAL 2.76
      SGS SA-REG 2.73
      HOYA CORP 2.72
      ADIDAS AG 2.71
      CANADIAN NATL RAILWAY CO 2.63
      COLOPLAST-B 2.49
      KONE OYJ-B 2.49
      ROCHE HOLDING AG-GENUSSCH 2.44
      AIA GROUP LTD 2.27
      DAIKIN INDUSTRIES LTD 2.25
      SMC CORP 1.91
      PRUDENTIAL PLC 1.78
      DREYFUS INSTITUTIONAL PRE 1.32
      Net Current Assets 0.48
      HONG KONG DOLLAR 0.08
      EURO 0.00
      POUND STERLING 0.00

      % Portfolio Weight is calculated using the closing market price of each security from the prior business day.

      Holdings are subject to change. The holdings listed should not be considered recommendations to buy or sell a security.

      Asset Allocation

          Main Risks

          ETFs trade like stocks, are subject to investment risk, including possible loss of principal.
          Equities are subject to market, market sector, market liquidity, issuer, and investment style risks, among other factors, to varying degrees. Small and midsized company stocks tend to be more volatile and less liquid than larger company stocks as these companies are less established and have more volatile earnings histories. Investing in foreign denominated and/or domiciled securities involves special risks, including changes in currency exchange rates, political, economic, and social instability, limited company information, differing auditing and legal standards, and less market liquidity. These risks generally are greater with emerging market countries.
          The fund is non-diversified, which means that the fund may invest a relatively high percentage of its assets in a limited number of issuers. Therefore, the fund's performance may be more vulnerable to changes in the market value of a single issuer or group of issuers and more susceptible to risks associated with a single economic, political or regulatory occurrence than a diversified fund.
          Although fund shares are listed for trading on an exchange and may be listed or traded on other U.S. and non-U.S. stock exchanges as well, there can be no assurance that an active trading market for such fund shares will develop or be maintained. Trading in fund shares may be halted due to market conditions or for reasons that, in the view of the listing exchange, make trading in fund shares inadvisable. In addition, trading in fund shares on an exchange is subject to trading halts caused by extraordinary market volatility pursuant to exchange circuit breaker rules. There can be no assurance that the requirements of the listing exchange necessary to maintain the listing of the fund will continue to be met or will remain unchanged or that fund shares will trade with any volume, or at all, on any stock exchange.
          Please refer to the prospectus for a more complete discussion of the fund's main risks.

          Dividend Schedule

          Declared
          Annually
          Distributed
          Annually
          Paid
          Annually
          Fiscal Year End
          Oct 31

          Distributions History

          (Values Listed In $)EX DATE RECORD DATE PAYABLE DATE DIVIDEND INCOME SHORT-TERM 
          CAPITAL GAIN
          LONG-TERM 
          CAPITAL GAIN
          RETURN OF CAPITAL TOTAL DISTRIBUTION
          12/27/23 12/28/23 01/03/24 0.3593 0.0000 0.0000 0.0000 0.3593
          (Values Listed In $)EX DATE RECORD DATE PAYABLE DATE DIVIDEND INCOME SHORT-TERM 
          CAPITAL GAIN
          LONG-TERM 
          CAPITAL GAIN
          RETURN OF CAPITAL TOTAL DISTRIBUTION
          12/28/22 12/29/22 01/04/23 0.1878 0.0000 0.0000 0.0000 0.1878

          Literature

          PRODUCT INFORMATION

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          BNY Mellon Concentrated International ETF Brochure Download
          BNY Mellon Concentrated International ETF - Investment Report Download
          BNY Mellon Concentrated International ETF - Presentation Download
          BNY Mellon Concentrated International ETF - Commentary Download
          Investment Opportunities Abroad - Whitepaper Download
          Walter Scott Celebrating 40 Years Download
          Single Philosophy Three Ways to Access Download

          Prospectus and Reports

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          Factsheet Download
          Prospectus Download
          Summary Prospectus Download
          SAI Download
          Annual Report Download
          Semi Annual Report Download
          1Q Fiscal Holdings Download
          3Q Fiscal Holdings Download

          Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains that and other information about the fund, and read it carefully before investing.

          ETF shares are listed on an exchange, and shares are generally purchased and sold in the secondary market at market price. At times, the market price may be a premium or discount to the ETF's per share NAV. In addition, ETFs are subject to the risk that an active trading market for an ETF's shares may not develop or be maintained. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions. Any applicable brokerage commissions will reduce returns.

          ETFs trade like stocks, are subject to investment risk, including possible loss of principal. Equities are subject to market, market sector, market liquidity, issuer, and investment style risks, among other factors, to varying degrees. The risks of investing in this ETF typically reflect the risks associated with the types of instruments in which the ETF invests. Diversification cannot assure a profit or protect against loss.

          The fund will issue (or redeem) fund shares to certain institutional investors known as “Authorized Participants” (typically market makers or other broker-dealers) only in large blocks of fund shares known as “Creation Units.” BNY Mellon Securities Corporation (“BNYMSC”), a subsidiary of the BNY Mellon, serves as distributor of the fund. BNYMSC does not distribute fund shares in less than Creation Units, nor does it maintain a secondary market in fund shares. BNYMSC may enter into selected agreements with Authorized Participants for the sale of Creation Units of Creation Units of fund shares.

          Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

          This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular investment, strategy, investment manager or account arrangement and should not serve as a primary basis for investment decisions.

          Please consult a legal, tax or investment professional in order to determine whether an investment product or service is appropriate for a particular situation.