BNY Mellon Women's Opportunities ETF(NASDAQ:BKWO)

BKWO primarily invests in US companies that promote opportunities for women. These include companies incorporating gender equitable practices in the workplace or providing products and services that enable women to meet their work or personal life responsibilities and needs, such as those relating to household, dependent and elder care, and gender-specific healthcare. To assess workplace gender practices, the fund scores companies based on organizational structure, commitment to gender equality, and benefit programs. The top 50% scoring companies within their peer groups are included in the eligible universe. Companies with at least one woman on the board and providing women-related products or services are also eligible for inclusion. BKWO fundamentally screens the eligible companies to select securities with the most favorable combination of revenue, profit, free cash flow growth, and valuation. The fund adviser intends to contribute at least 10% of its management fees to charitable or non-profit womens organizations.