BNY Mellon's BKCG ETF Debuts With A Strategy Of Long-Term Growth Potential

Long-term growth seekers now have another choice as BNY Mellon introduces its newest ETF, the BNY Mellon Concentrated Growth ETF (NYSE:BKCG).

BKCG follows a large-cap growth approach, targeting companies likely to grow in the long term. The subadvisor of the fund, Fayez Sarofim & Co., looks for high-growth industries that could do well over the next three to five years or more. The fund has a net expense ratio of 50 basis points.

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After identifying major ...