BNY Mellon Investment Management launches active global infrastructure income ETF sub-advised by Newton Investment Management

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The BNY Mellon Global Infrastructure Income ETF provides exposure to infrastructure asset classes while seeking a forward-looking 12-month gross annualized return of 6% or more for its portfolio.

NEW YORK, November 3, 2022 /PRNewswire/ — BNY Mellon Investment Management, one of the world’s largest asset managers with $1.8 trillion in assets under management1, today announced the launch of the BNY Mellon Global Infrastructure Income ETF (ticker: BKGI). The ETF, which is listed on Cboe Global Markets, is sub-advised by Newton Investment Management North America, LLC (Newton), a BNY Mellon investment company and leading equity and multi-asset manager with a long experience in investment.

The BNY Mellon Global Infrastructure Income ETF provides exposure to traditional and non-traditional infrastructure stocks while seeking to generate quarterly income through a portfolio of global equities. The fund’s traditional infrastructure mix includes energy, industrials and utilities, and its non-traditional infrastructure includes communications, healthcare and real estate. The fund’s dual mandate aims to provide exposure to listed infrastructure while targeting a 12-month annualized gross return of 6% or more for its portfolio2.

The BNY Mellon Global Infrastructure Income ETF is managed by Newton’s Deputy Head of Equity Investments and Head of Income Equity, Jacques LydotesCFA, and the firm’s head of global equity research, Brock CampbellCFA.

“A key differentiator of infrastructure assets from other assets is their historical predictability and stability through market cycles, as there is a constant need for these services, such as water, electricity, hospitals and telecommunications, to name a few,” Mr. Lydote said. “Infrastructure is a diverse asset class that aligns with global societal trends and growth demands, such as increased broadband access via 5G, energy transition and support for an aging population through senior living and acute care. We believe that infrastructure assets can also offer growth potential such as regular income and potential equity diversification for clients.”

“We are delighted to offer our clients the BNY Mellon Global Infrastructure Income ETF as a new offering in our growing range of ETFs. This addition underscores our continued commitment to delivering innovative, results-driven strategies through multi-purpose vehicles,” said Andy Provencher, head of North American distribution at BNY Mellon Investment Management. “By leveraging Newton’s capabilities, knowledge and expertise in equity investing, we are able to deliver a differentiated infrastructure approach to our clients.”

BNY Mellon Global Infrastructure Income ETF Becomes BNY Mellon Investment Management’s 15th ETFe ETF and its seventh active ETF offering.

For more information on infrastructure investing and the BNY Mellon Global Infrastructure Income ETF, please visit: www.im.bnymellon.com/etf.

About BNY Mellon Investment Management

BNY Mellon Investment Management is one of the largest asset managers in the world, with $1.8 trillion of assets under management at September 30, 2022. Through an investor-focused approach, BNY Mellon Investment Management brings its clients the best of both worlds: the specialist expertise of seven investment firms offering solutions across all major asset classes, backed by the strength , stability and global presence of BNY Mellon. Additional information about BNY Mellon Investment Management is available at www.bnymellonim.com.

BNY Mellon Investment Management is a division of BNY Mellon, BNY Mellon is a global investment firm dedicated to helping clients manage and nurture their financial assets throughout the investment life cycle. Whether providing financial services to institutions, corporations or individual investors, BNY Mellon provides informed investment and wealth management and investment services in 35 countries. From September 30, 2022BNY Mellon had $42.2 trillion in assets in custody and/or under administration, and $1.8 trillion in assets under management. BNY Mellon can serve as a single point of contact for clients seeking to originate, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the trademark of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available at www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

About Newton Investment Management

The Newton Investment Management Group is used to collectively describe a group of affiliated companies that provide investment advisory services under the brand “Newton” or “Newton Investment Management”. Investment advisory services are provided in the UK by Newton Investment Management Ltd and in United States by Newton Investment Management North America LLC. Both companies are indirect subsidiaries of The Bank of New York Mellon Corporation (“BNY Mellon”). With assets under management of $98.7 million of the September 30, 2022, Newton provides discretionary and non-discretionary investment advice to institutional clients, including US and global pension funds, sovereign wealth funds, central banks, endowments, foundations, insurance companies, registered mutual funds, other pooled investment vehicles and other institutions. Its offices include London, Boston, New York and San Francisco. News and other information about Newton can be found at www.newtonim.com and via Twitter: @NewtonIM.

Investors should carefully consider a fund’s investment objectives, risks, charges and expenses before investing. To obtain a prospectus, or a simplified prospectus, if available, containing this and other information about a fund, contact your financial adviser or visit im.bnymellon.com. Read the prospectus carefully before investing.

Main risks

Equities are subject to varying degrees of market, market sector, market liquidity, issuer and investment style risk, among other factors. Investing in securities denominated and/or domiciled abroad entails particular risks, in particular variations in exchange rates, political, economic and social instability, information on public limited companies, auditing and legal standards. different and lower market liquidity. These risks are generally greater with emerging countries. Since the fund invests significantly in companies active in the infrastructure sector, the fund is more sensitive to adverse economic, regulatory, political, legal and other changes affecting these companies. Infrastructure companies are subject to a variety of factors that could adversely affect their business or operations, including high interest costs associated with capital construction programs, costs associated with environmental and other regulations, difficulty to raise sufficient capital on reasonable terms in times of high inflation or unstable capital markets, the effects of economic downturn and excess capacity, increased competition from other service providers, uncertainties regarding availability reasonably priced fuel, the effects of energy conservation policies, disruption of service due to environmental, operational or other mishaps and other factors.

ETF shares are publicly traded and shares are usually bought and sold in the secondary market at market price. At times, the market price may be higher or lower than the net asset value per share of the ETF. In addition, ETFs are subject to the risk that an active trading market for the shares of an ETF may not develop or be sustained. The purchase or sale of ETF shares on an exchange may require the payment of brokerage commissions. ETFs trade like stocks and are subject to investment risk, including possible loss of capital. The risks of investing in the ETF generally reflect the risks associated with the types of instruments in which the ETF invests. Diversification cannot assure a profit or protect against loss.

ETFs will issue (or redeem) fund shares to certain institutional investors called “authorized participants” (usually market makers or other broker-dealers) only in large blocks of fund shares called “creation units”. BNY Mellon Securities Corporation (“BNYMSC”), a subsidiary of BNY Mellon, serves as the distributor of ETF funds. BNYMSC does not distribute fund shares in fewer units of creation, nor does it maintain a secondary market for fund shares. BNYMSC may enter into selected agreements with Approved Participants for the sale of Fund Share Creation Units.

Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect some countries, companies, industries and market sectors more dramatically than others. To the extent that the fund may overweight its investments in certain countries, companies, industries or market sectors, these positions will increase the fund’s exposure to the risk of loss resulting from adverse developments affecting these countries, companies, industries or sectors.

Not FDIC Insured | No bank guarantee | May lose value

© 2022 BNY Mellon Securities Corporation, Distributor, 240 Greenwich Street, 9e Floor, New York, NY 10286

Media Contact
Sue Watt
US communications manager
[email protected]
+1 212-815-3757

1 AUM at September 30, 2022understand $34.6 billion AUM attributable to an entity that is no longer an affiliate of BNY Mellon as of November 1, 2022.

2 There is no assurance or certainty that the fund will achieve any such target return or any particular level of return. The target fund return represents the prospective performance of the securities in the fund’s portfolio as a whole over the next 12 months, calculated before fees, expenses and taxes of the fund, and does not represent the amount of distributions payable to shareholders of the fund .

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SOURCEBNY Mellon Investment Management

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