About MCYIX
NYLI Candriam Emerging Markets Equity Fund Class I is an open-end mutual fund that primarily targets long-term capital appreciation by investing in companies located in emerging markets. Managed by New York Life Investment Management in collaboration with Candriam, the fund applies a diversified, actively managed approach—selecting equities across all market capitalizations. Its investment strategy emphasizes identifying attractively valued companies that demonstrate sustainable growth and profitability, with portfolio construction guided by thematic research to capture high-conviction growth drivers within developing economies.
The fund is notable for its disciplined risk management, maintaining sector, currency, regional, and country exposures within predefined limits relative to its benchmark, the MSCI Emerging Markets Index. Holdings include major firms across technology, communication services, financials, energy, and consumer sectors, with notable positions in companies such as Taiwan Semiconductor Manufacturing, Tencent Holdings, and Samsung Electronics. By offering exposure to diverse and rapidly developing regions, the fund plays a significant role in providing investors with access to the growth potential and diversification benefits of emerging markets equities.
Fund Family New York Life Investment Management LLC
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MCYIX
Share Class Class I
Index MSCI EM (Emerging Markets) NR USD
MCYIX had a total return of 43.13% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.49%.
