IQSM
NYLI Candriam U.S. Mid Cap Equity ETF
📎 Investment Objective
The NYLI Candriam U.S. Mid Cap Equity ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Candriam U.S. Mid Cap Equity Index.
Overview
ETF tracking NYLI Candriam U.S. Mid Cap Equity ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The NYLI Candriam U.S. Mid Cap Equity ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Candriam U.S. Mid Cap Equity Index.
🎯 Investment Strategy
The ETF invests primarily in a portfolio of mid-capitalization U.S. equity securities that are included in the Candriam U.S. Mid Cap Equity Index. The index is designed to provide exposure to the mid-cap segment of the U.S. equity market.
✨ Key Features
- Provides exposure to a diversified portfolio of mid-cap U.S. stocks
- Seeks to track the performance of the Candriam U.S. Mid Cap Equity Index
- Relatively low expense ratio of 0.00%
- Limited performance history as the fund is new
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market conditions
- Concentration risk: The ETF's performance may be more volatile as it is focused on the mid-cap segment of the market
- Liquidity risk: Mid-cap stocks may have lower trading volumes, which could impact the ETF's ability to buy or sell positions
- Tracking error risk: The ETF may not perfectly track the underlying index due to various factors
👤 Best For
The NYLI Candriam U.S. Mid Cap Equity ETF may be suitable for investors seeking exposure to the mid-cap segment of the U.S. equity market as part of a diversified portfolio. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with investing in mid-cap stocks.