BKEM Fees and Costs — BNY Mellon Emerging Markets Equity ETF
Data updated: 2026-09-24
The net expense ratio is 0.11%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $116K in broker commissions, 0.1137% of average net assets, and portfolio turnover was 56%.
BKEM Fees and Expenses
Annual operating expenses and sales charges of BKEM. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.11% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.11% |
| Fee waiver | — |
| Net expense ratio | 0.11% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
BKEM Costs Over Time
On $10,000 invested in BKEM, assuming 5% a year before costs, total costs come to $142 over 5 years, cutting the return by 0.23% 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 0.11%) | $12 | $36 | $64 |
| Trading costs (broker commissions) | $12 | $38 | $66 |
| Lost growth on money paid in costs | $0 | $4 | $13 |
| Total costs | $23 | $78 | $142 |
| Value after costs | $10,477 | $11,499 | $12,621 |
| Impact on return, per year | 0.23% | 0.23% | 0.23% |
BKEM 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): 0.1137%
- Total broker commissions: $116K
- Bought from dealers (principal trades, not a cost): $46.7M
- Portfolio turnover (prospectus): 56%
- Securities on loan, average value: $453K
- Net income from securities lending: $13K (0.012% of average net assets)
BKEM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $77K | 66.38% |
| UBS FINANCIAL SERVICES, INC. | $18K | 15.41% |
| GOLDMAN SACHS & CO. LLC | $8K | 6.96% |
| J.P. MORGAN SECURITIES LLC | $8K | 6.96% |
| CITIGROUP GLOBAL MARKETS INC. | $1K | 1.01% |
| Yuanta Securities Co., Ltd | $1K | 0.98% |
| MORGAN STANLEY & CO. LLC | $928 | 0.80% |
| HSBC SECURITIES (USA) INC. | $827 | 0.71% |
| UBS Securities LLC | $458 | 0.40% |
| CLSA Americas, LLC | $431 | 0.37% |
BKEM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $40.7M | 87.12% |
| UBS SECURITIES LLC | $4.6M | 9.77% |
| J.P. Morgan Securities LLC | $1.5M | 3.11% |
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.