NYLI PineStone International Equity Fund Class I (FCIUX)

Overview

The fund, managed by its subadvisor, is designed to cater to investors looking to diversify their portfolio through international equities. It aims to meet its investment objective by carefully selecting a variety of global equities to include in its portfolio. With a broad investment mandate, the fund has the flexibility to invest in companies of various sizes, from different countries. However, there’s a general expectation that it will predominantly invest in issuers with a market capitalization of over $1 billion, indicating a preference for investing in established, large-cap companies that possess a solid track record of performance on the international stage.

Products and Services

• Investment in International Equities

The primary offering involves investing in a diverse range of international equities. By doing so, the fund aims to provide investors with exposure to the global market, which could potentially offer higher growth opportunities compared to domestic markets alone. The diversity of its investments across different regions and sectors can help spread risk and capitalize on the growth of companies outside the investors' home country.

• Focus on Large-Cap Issuers

While the fund is open to investing in issuers of any market capitalization, there is a strategic focus on those with a market cap exceeding $1 billion. This criterion is selected to ensure that the fund's portfolio comprises stable, well-established companies with a proven track record. Investing in large-cap issuers can provide a solid foundation for the portfolio, potentially leading to consistent returns and reduced volatility.