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BNY Launches BGRD: A New Global Power Ecosystem ETF

BY | ETF Database
7:42 am ET 11/10/26 | 12 VIEWS
On Tuesday, November 10, BNY Investments debuted the BNY Mellon Power Ecosystem ETF (BGRD).Key Takeaways: BNY Investments has launched a new fund: the BNY Mellon Power Ecosystem ETF (BGRD). BGRD leverages BNY Investments’ expertise in global energy to provide exposure to power ecosystem companies from across the world. This could be a compelling opportunity for investors, given the relative attractiveness of the energy industry and international exposure alike. BGRD looks to generate long-term capital appreciation through investing in global companies that are part of the power ecosystem. For the BNY Investments team, the power ecosystem refers to companies and securities that relate to the transmission, generation, storage, distribution, management, or efficiency of power. The fund has an expense ratio of 50 basis points. In terms of industry concentration, BGRD offers a focus on different industries that play a key role in the power ecosystem. This includes utilities, heavy electrical equipment, energy traders, consumable fuels, construction, and much more. See More: The 2026 Value Resurgence: Why BKDV Stands OutBGRD's Strategy for Power ExposureWhen it comes to picking securities for investment, BGRD’s portfolio team blends quantitative and fundamental selection processes. This helps the fund locate attractive investment themes, find companies to help outpace the power ecosystem industry, and more. It’s worth noting that BGRD is a global fund, and may invest in as many foreign stocks as it likes. Furthermore, BGRD’s international equities are often denominated in foreign currencies, with its currency exposure generally unhedged to the U.S. dollar. Looking holistically, both global exposure and engagement with the energy industry have been considered valuable investments thus far this year. As such, BGRD’s focus on the power ecosystem and global lens may make it a compelling portfolio addition. See More: Inflation Calls for Real Assets & Global Infrastructure “The structural forces reshaping global power demand are already in motion,” BNY Investments said. “BNY Mellon Power Ecosystem ETF offers a practical, liquid way to access the companies at the center of that transformation, companies that may offer visible, durable revenue, structural growth, and actively managed exposure across the power ecosystem. For investors seeking targeted exposure to this potential opportunity, BGRD may contribute to more resilient portfolios.” BNY Investments already has a proven track record when it comes to navigating the energy industry on a global scale. One of BNY Investments’ largest ETFs is the BNY Mellon Global Infrastructure Income ETF (BKGI A-), which has about $1.9 billion in assets under management, as of November 10, 2026. For more news, information, and analysis, visit our Portfolio Strategies Content Hub.

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