NYLI PineStone International Eq Inv Cl (FCIKX)
| Fund Assets | 772.52M |
| Expense Ratio | n/a |
| Min. Investment | $1,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.04 |
| Dividend Yield | 0.24% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 17.26 |
| YTD Return | 6.37% |
| 1-Year Return | -1.04% |
| 5-Year Return | n/a |
| 52-Week Low | 14.86 |
| 52-Week High | 17.93 |
| Beta (5Y) | n/a |
| Holdings | 36 |
| Inception Date | Aug 28, 2023 |
About FCIKX
The NYLI PineStone International Equity Fund is a mutual fund designed to achieve long-term capital appreciation by investing primarily in equity securities of companies outside the United States. Guided by a high-conviction, bottom-up investment approach, the fund targets high-quality international companies—both from developed and emerging markets—that exhibit sustainable competitive advantages and the potential to generate attractive returns on invested capital. At least 80% of its assets are allocated to equities of firms located in a minimum of three non-U.S. countries, fostering broad geographic diversification. Managed by PineStone, a boutique global equity manager with an established investment philosophy, the fund’s portfolio typically consists of a selective collection of stocks reflecting strong management discipline and patient, long-term growth orientation. Core holdings often span major global sectors such as technology, financial services, healthcare, consumer goods, and basic materials. The NYLI PineStone International Equity Fund serves investors seeking international exposure, diversification, and participation in the growth prospects of non-U.S. markets while benefiting from the expertise of a dedicated and experienced management team.
Performance
FCIKX had a total return of -1.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.11%.
Top 10 Holdings
47.52% of assets| Name | Symbol | Weight |
|---|---|---|
| London Stock Exchange Group plc | LSEG | 6.50% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 6.47% |
| Nestlé S.A. | NESN | 4.86% |
| Keyence Corporation | 6861 | 4.62% |
| EssilorLuxottica Société anonyme | EL | 4.61% |
| SAP SE | SAP | 4.57% |
| InterContinental Hotels Group PLC | IHG | 4.19% |
| Compagnie Financière Richemont SA | CFR | 4.08% |
| ASML Holding N.V. | ASML | 3.91% |
| Novo Nordisk A/S | NOVO.B | 3.72% |