BKLC

BKLC is the first ETF to launch with zero total operating expenses (without waivers). The fund provides concentrated exposure to the large-cap equity sector of the US market by tracking an index comprised of the top 500 corporations. Initially, the index universe is filtered to include exclusively US common stocks and Real Estate Investment Trust (REITs) listed on a domestic exchange. These eligible securities are organized and ranked in descending order based on their market capitalization. Moreover, the investment mix may include ETFs and derivatives that offer similar economic exposure. All securities within the top 500 are chosen as constituents and weighted in the same manner. The index is rebalanced every quarter in February, May, August, and November. Prior to November 15, 2023, the fund tracked the Morningstar US Large Cap Index.