About FCUIX
NYLI PineStone U.S. Equity Fund Class I is an institutional mutual fund that primarily invests in a diversified portfolio of large-capitalization U.S. equities. The fund’s objective is to achieve long-term capital appreciation by selecting high-quality companies with strong growth potential from across major sectors, including technology, financial services, healthcare, and consumer goods. Notably, the fund concentrates a significant portion of its assets in a concentrated set of holdings, with its top 10 positions accounting for over 50% of total assets. Key investments include leaders such as Microsoft, Alphabet, AutoZone, and UnitedHealth Group, reflecting a focus on industry giants and established growth names. With an investment style classified as "large growth" and a low portfolio turnover rate, the fund emphasizes long-term investment horizons. The Class I share class is geared toward institutional investors, featuring a competitive expense ratio and a minimum initial investment requirement. By targeting leading U.S. companies, the fund plays a significant role in offering exposure to the broader U.S. equity market while seeking to capitalize on long-term growth trends.
Fund Family New York Life Investment Management LLC
Category Large Blend
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FCUIX
Share Class Class I
Index S&P 500 TR
FCUIX had a total return of 6.35% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.08%.
