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NYLI U.S. Large Cap R&D Leaders ETF
LRND (NYLI U.S. Large Cap R&D Leaders ETF) is an index US Equity ETF by NYLI. With a 0.14% MER, it provides diversified exposure through 102 holdings. Quarterly distribution with a 0.48% yield.
LRND by NYLI is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.14% MER makes it one of the most cost-effective options in its category. It does not pay a significant distribution — returns are reinvested for capital growth.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).