BNY Announces ETF Share Splits
The share splits will apply to shareholders of record as of the close of US markets on
|
Ticker |
|
Record
|
Payable
|
Split
|
|
BKLC |
|
|
|
3-for-1 |
|
BKMC |
|
|
|
3-for-1 |
|
BKSE |
|
|
|
3-for-1 |
|
BKIE |
|
|
|
3-for-1 |
|
BKEM |
|
|
|
3-for-1 |
As a result of the share split, shareholders will receive three shares for each ETF share held as indicated in the table above. Shares of each ETF will begin trading at their post-split price on
Important Information
BNY Investments is a division of BNY, which oversees
This release is for informational purposes only and should not be considered as investment advice or a recommendation of any particular security.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy any security.
Investors should consider the investment objectives, risks, charges and expenses of a fund carefully before investing. To obtain a prospectus, or a summary prospectus, if available, that contains this and other information about a fund, contact your financial professional or visit bny.com/investments. Please read the prospectus carefully before investing.
ETFs trade like stocks, are subject to investment risk, including possible loss of principal. The risks of investing in an ETF typically reflect the risks associated with the types of instruments in which the ETF invests. Diversification cannot assure a profit or protect against loss.
ETF shares are listed on an exchange, and shares are generally purchased and sold in the secondary market at market price. At times, the market price may be at a premium or discount to the ETF's per share NAV. In addition, ETFs are subject to the risk that an active trading market for an ETF's shares may not develop or be maintained. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions.
ETFs issue (or redeem) fund shares to certain institutional investors known as "Authorized Participants" (typically market makers or other broker-dealers) only in large blocks of fund shares known as "Creation Units."
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