IQSI

NYLI Candriam International Equity ETF

$34.51
+0.00%
Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The NYLI Candriam International Equity ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI ACWI ex USA Index, which measures the equity market performance of developed and emerging markets excluding the United States.

Overview

ETF tracking NYLI Candriam International Equity ETF

Issuer Other
Inception Date 2019-12-17
Market Cap $224.3M
Average Volume N/A
Dividend Yield 2.46%
52-Week Range $27.10 - $35.05
VWAP $34.56

Performance

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Investment Summary

📎 Investment Objective

The NYLI Candriam International Equity ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI ACWI ex USA Index, which measures the equity market performance of developed and emerging markets excluding the United States.

🎯 Investment Strategy

The ETF invests primarily in a portfolio of international equity securities included in the MSCI ACWI ex USA Index. The fund uses a passive or indexing investment approach, attempting to replicate the performance of the index through optimized sampling techniques.

✨ Key Features

  • Broad exposure to international developed and emerging market equities
  • Seeks to track the performance of the MSCI ACWI ex USA Index
  • Low expense ratio of 0.00%
  • Suitable for investors seeking diversified international equity exposure

⚠️ Primary Risks

  • Market risk: The value of the fund's investments may decline due to general market conditions
  • Foreign investment risk: Investments in non-U.S. securities may be subject to additional risks, such as currency fluctuations and political instability
  • Emerging markets risk: Investments in emerging markets may be subject to greater volatility and liquidity risks
  • Tracking error risk: The fund may not perfectly track the underlying index

👤 Best For

This ETF may be suitable for long-term investors seeking broad exposure to international developed and emerging market equities as part of a diversified portfolio. It may be appropriate for investors with a moderate to high risk tolerance who are comfortable with the inherent volatility of international equity markets.