About FCICX
The NYLI PineStone International Equity Fund Class C is an open-end mutual fund that focuses on achieving capital appreciation through investments in international equities, specifically targeting companies outside the United States. Managed by New York Life Investment Management LLC and subadvised by PineStone Asset Management Inc., the fund utilizes a bottom-up, fundamental research process to identify high-quality growth and value stocks across a diversified set of industries and market capitalizations, generally favoring companies with market capitalizations above $1 billion. The fund maintains a concentrated portfolio, typically holding between 25 and 35 stocks, and emphasizes quality metrics such as low leverage and strong returns on invested capital. Industry exposure is broad, with notable allocations to information technology, industrials, consumer discretionary, financials, and healthcare sectors. The fund benchmarks its performance against the MSCI EAFE Index (Net), reflecting its focus on developed markets outside the U.S. With a long-term investment horizon and a disciplined, collaborative management approach, the fund aims to deliver strong risk-adjusted returns by holding high-conviction positions in companies it deems attractively valued and competitively advantaged.
Fund Family New York Life Investment Management LLC
Category Foreign Large Growth
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FCICX
FCICX had a total return of 6.37% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.10%.
