Launched on April 9, 2020, the BNY Mellon US Large Cap Core Equity ETF (BKLC) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market. The fund is sponsored by Bny Mellon. It has amassed assets over $6.87 billion, making it one of the largest ETFs attempting to match the Large Cap Blend segment of the US equity market. Why Large Cap Blend Companies that fall in the large cap category tend to have a market capitalization above $10 billion. Overall, they are usually a stable option, with less risk and more sure-fire cash flows than mid and small cap companies.
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