BKCI Fees and Costs — BNY Mellon Concentrated International ETF
Data updated: 2026-09-24
The net expense ratio is 0.65% (0.75% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $18K in broker commissions, 0.0109% of average net assets, and portfolio turnover was 10%.
BKCI Fees and Expenses
Annual operating expenses and sales charges of BKCI. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.65% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
BKCI Costs Over Time
On $10,000 invested in BKCI, assuming 5% a year before costs, total costs come to $416 over 5 years, cutting the return by 0.69% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $228 | $416 |
| Value after costs | $10,431 | $11,348 | $12,347 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
BKCI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0109%
- Total broker commissions: $18K
- Bought from dealers (principal trades, not a cost): $40.7M
- Portfolio turnover (prospectus): 10%
- Securities lending: none during the year
BKCI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| LIQUIDNET, INC. | $5K | 26.97% |
| CREDIT AGRICOLE SECURITIES (USA), INC. | $4K | 20.49% |
| INSTINET, LLC | $2K | 13.13% |
| RBC CAPITAL MARKETS, LLC | $2K | 11.99% |
| SMBC NIKKO SECURITIES AMERICA, INC. | $2K | 9.15% |
| MACQUARIE CAPITAL (USA), INC. | $2K | 8.50% |
| JEFFERIES LLC | $1K | 7.82% |
| PGM Global Inc. | $138 | 0.77% |
| UBS Securities LLC | $134 | 0.75% |
| BTIG, LLC | $77 | 0.43% |
BKCI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $23.6M | 57.97% |
| BOFA SECURITIES, INC. | $14.7M | 35.97% |
| GOLDMAN SACHS & CO. LLC | $2.5M | 6.05% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.