The BNY Mellon Fund complains that it should have bought Bitcoin and not gold

The BNY Mellon Fund complains that it should have bought Bitcoin and not gold

U.S.-based financial institution BNY Mellon (NYSE :), the world’s largest custodian and asset services firm, says the recent performance of one of its Exchange Traded Funds (ETFs) has been significantly impacted by a lack of exposure to investing companies in the .

The BNY Mellon Opportunistic Small Cap Fund (DSCVX) gained 35% from September 1, 2020 to February 28, 2021, lagging its benchmark, the index, which achieved around 41.7% over the same period.

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