BNY Files Active Small-Cap ETF Targeting Quality Growth Companies

The BNY Mellon Small Cap ETF will invest at least 80% of assets in U.S. small-cap stocks, primarily common shares. Managed by Newton Investment Management North America, the strategy focuses on companies with durable growth prospects, strong cash flow generation, solid balance sheets, competitive advantages, and identifiable catalysts for value creation. The actively-managed fund combines growth and value considerations without style constraints and currently expects meaningful exposure to the financials and industrials sectors while maintaining a diversified portfolio.