BNY Mellon launches three sustainable ETFs

BNY Mellon Investment Management has launched three actively managed sustainable exchange traded funds.

All three ETFs are sub-advised by Newton Investment Management:

BNY Mellon Sustainable US Equity ETF (BKUS): The fund typically invests at least 80% of its net assets in equity securities of U.S. companies that demonstrate attractive investment attributes and sustainable business practices. Charles French and Yuko Takano are the fund’s primary portfolio managers.

BNY Mellon Sustainable International Equity ETF (BKIS): The fund typically invests at least 80% of its net assets in equity securities of foreign companies that demonstrate attractive investment attributes and sustainable business practices. Paul Markham and Yuko Takano are the fund’s primary portfolio managers.

BNY Mellon Sustainable Global Emerging Markets ETF (BKES): The fund typically invests at least 80% of its net assets in equity securities of companies listed on exchanges in, organized in, or with their principal place of business in, or have a majority of assets or business in, emerging market countries and that demonstrate attractive investment attributes and sustainable business practices. Paul Birchenough and Ian Smith are the fund’s primary portfolio managers.

“As investors and advisors continue to seek out innovative ways to invest for long term growth while also driving meaningful change across a variety of ESG-related initiatives, the demand for fully transparent, actively managed investment strategies has grown, specifically within ETFs and sustainable solutions,” commented Andy Provencher, Head of North America Distribution, BNY Mellon Investment Management. “Always focusing on client-orientated outcomes, the launch of this new suite of ETFs demonstrates our commitment to responding to client demand for sustainable solutions and leveraging the specialist capabilities of our investment firms.”