BKIE

BNY Mellon International Equity ETF

$90.63
+0.00%
Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The BNY Mellon International Equity ETF (BKIE) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the FTSE Developed ex North America Index.

Overview

ETF tracking BNY Mellon International Equity ETF

Issuer Other
Inception Date 2020-04-24
Market Cap $1.0B
Average Volume N/A
Dividend Yield 2.68%
52-Week Range $69.01 - $91.95
VWAP $90.60

Performance

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Investment Summary

📎 Investment Objective

The BNY Mellon International Equity ETF (BKIE) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the FTSE Developed ex North America Index.

🎯 Investment Strategy

The ETF invests primarily in a portfolio of equity securities included in the FTSE Developed ex North America Index, which measures the performance of large and mid-cap companies in developed markets outside of the United States and Canada. The fund uses a passive, or indexing, investment approach, attempting to replicate the performance of the index.

✨ Key Features

  • Broad exposure to developed international equity markets outside of North America
  • Passively managed to track the FTSE Developed ex North America Index
  • Low expense ratio of 0.00%
  • Suitable for investors seeking international diversification

⚠️ Primary Risks

  • Market risk: The value of the fund's investments may decline due to general market conditions
  • Currency risk: The fund's returns could be reduced by fluctuations in the values of foreign currencies relative to the U.S. dollar
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index
  • Liquidity risk: The fund may have difficulty buying or selling certain securities at an optimal time and price

👤 Best For

The BNY Mellon International Equity ETF may be suitable for long-term investors seeking broad exposure to developed international equity markets as part of a diversified portfolio. It may be appropriate for investors with a moderate risk tolerance who are comfortable with the risks associated with investing in international stocks.