Alternative Investments/ESG: BNY Mellon Launches Trio Of Active, Transparent, Equity ESG ETFs

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With this launch, BNY Mellon has launched a total of five active ETFs this year.

The BNY Mellon Sustainable US Equity ETF (BKUS), BNY Mellon Sustainable International Equity ETF (BKIS) and BNY Mellon Sustainable Global Emerging Markets ETF (BKES) are three new actively managed, sustainable ETFs launched by BNY Mellon Investment Management this week on the New York Stock Exchange. (Yahoo Finance)

The three new ETFs are sub-advised by Newton Investment Management Limited, a BNY Mellon investment firm with long experience of sustainable investing.

Sustainable US Equity ETF

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.

Sustainable International Equity ETF 

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.

Sustainable Global Emerging Markets ETF

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,” said Andy Provencher, Head of North America Distribution, BNY Mellon Investment Management, in a statement.

Related Story: Goldman Sachs Launches U.S. Large Cap Equity ETF Tracking The Paris Climate Agreement

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