BNY Mellon Concentrated Growth ETF (BKCG) — ()

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Slowing U.S. Economy Calls for Long-Term Approach

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Sentiment: Negative ()

Recent economic reports seem to suggest the mixed signals for the U.S. economy are not going to abate any time soon. Back at the start of August, the July jobs …

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About BNY Mellon Concentrated Growth ETF BKCG

The fund seeks long-term capital appreciation. To pursue its goal, the fund invests in stocks of large-capitalization companies. "Large capitalization" companies are those that, at the time of purchase, have market capitalizations of $5 billion or more. The fund normally invests in companies considered to be "growth" companies, defined by the fund managers as companies whose revenue is likely to grow faster than U.S. economic growth, as measured by gross domestic product, and that have the potential for growth in long-term earnings and/or cash flow per share. The fund employs a 'buy-and-hold' investment strategy, which is expected to result in a low annual portfolio turnover. The fund portfolio typically will consist of 25-35 companies. Liquid ETF structure allows investors to buy or sell any time the market is open.