Launched Feb 8, 2022, the NYLI U.S. Large Cap R&D Leaders ETF (LRND) is a passively managed ETF that provides broad exposure to the U.S. Large Cap Blend segment. The fund targets large-cap R&D leaders (per its name) as a passive allocation vehicle rather than active stock selection. This is a routine product launch with limited near-term market-moving implications.
Launched Feb 8, 2022, the NYLI U.S. Large Cap R&D Leaders ETF (LRND) is a passively managed ETF that provides broad exposure to the U.S. Large Cap Blend segment. The fund targets large-cap R&D leaders (per its name) as a passive allocation vehicle rather than active stock selection. This is a routine product launch with limited near-term market-moving implications.
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