NYLI CBRE Real Assets ETF (IQRA)

Overview

The fund, as described, is primarily focused on investing in real asset companies, dedicating at least 80% of its resources to securities from these firms. Real assets typically encompass physical or tangible assets such as real estate, infrastructure, and natural resources. The goal of the fund is to generate returns for investors by investing in companies that are involved in or benefit from the ownership, operation, management, or financing of real assets. Relying on a mix of borrowing for investment purposes and net assets, the fund aims to leverage its investments to maximize potential returns while adhering to its defined investment strategy.

Products and Services

The fund offers a variety of investment vehicles and options to cater to diverse investor needs, focusing on equity securities related to real assets companies. Below is a detailed list of products and services provided by the fund:

• Common Stock: The fund invests primarily in common stocks of real assets companies. Common stock investments offer shareholders ownership rights, including voting rights and the potential for capital appreciation and dividends.
• Preferred Stock: As an alternative to common stock, the fund may invest in preferred stocks offering potentially fixed dividends and seniority over common stock in the event of liquidation, providing a more stable investment option.
• Convertible Securities: The fund may opt for convertible securities, which can be converted into a predetermined number of common shares, often at the holder's discretion. This option combines the potential for capital appreciation with the yield and stability of a fixed-income product.
• Rights or Warrants to Buy Common Stocks: Investment in rights or warrants offers the possibility to purchase company stock at a specific price before an expiration date, providing a cost-efficient way to invest in stock with potential for high returns.
• Master Limited Partnerships (MLPs): The fund may include MLP investments, which are partnerships traded on public exchanges. MLPs often involve natural resources, energy, or real estate sectors, providing tax advantages and potential for high yield.
• Depositary Receipts: Investing also extends to depositary receipts, which represent a company's foreign shares, making it easier to invest in foreign companies. These can offer diversification and the potential for significant gains from international markets with characteristics similar to common stock.