About MCYAX
NYLI Candriam Emerging Markets Equity Fund Class A is an actively managed mutual fund focused on long-term capital appreciation through investment in emerging market equities. The fund primarily targets companies in developing economies that are considered attractively valued and demonstrate strong, sustainable growth and profitability. It employs a thematic, research-driven approach, using fundamental analysis to identify firms with growth drivers aligned to broad market trends, while maintaining diversification across sectors, regions, and market capitalizations.
The portfolio typically holds over 100 stocks, with significant exposure to large-cap leaders in technology, communication services, consumer cyclical, energy, and financial sectors. Major holdings have included firms such as Taiwan Semiconductor Manufacturing Co., Tencent Holdings, and Samsung Electronics. The fund’s risk is managed by maintaining allocations within set limits relative to its benchmark, the MSCI Emerging Markets Index. The asset is characterized by a relatively high turnover rate and annual distribution frequency. Managed by New York Life Investment Management, this fund holds a notable role for investors seeking diversified access to emerging market equities through a rigorous, research-led process.
Fund Family New York Life Investment Management LLC
Category Diversified Emerging Mkts
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MCYAX
Share Class Class A
Index MSCI EM (Emerging Markets) NR USD
MCYAX had a total return of 34.02% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.24%.
