BNY Mellon files for first active ETFs

BNY Mellon Investment Management has registered three actively managed exchange-traded funds with the Securities and Exchange Commission. The three active ETFs all focus on meeting sustainability objectives.

The three — BNY Mellon Sustainable US Equity ETF, BNY Mellon Sustainable International Equity ETF and BNY Mellon Sustainable Global Emerging Markets ETF — are sub-advised by Newton, a leading equity and multi-asset manager with more than four decades of sustainable and responsible investing experience.

In its filing, BNY Mellon proposed that the registration become effective 75 days after filing.

[More: Can nontransparent ETFs save active management?]

The post BNY Mellon files for first active ETFs appeared first on InvestmentNews.

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