About MCYVX
NYLI Candriam Emerging Markets Equity Fund Investor Class is an open-end mutual fund dedicated to capturing long-term capital appreciation by investing primarily in equities of companies located in or economically linked to emerging markets. The fund employs a thematic, bottom-up investment approach, with a focus on identifying firms that demonstrate strong, sustainable growth and profitability potential, while also seeking attractive valuations. Its portfolio spans a diverse set of sectors, including technology, communication services, financials, consumer cyclical, energy, and basic materials, with notable holdings in global leaders such as Taiwan Semiconductor Manufacturing, Tencent Holdings, and Samsung Electronics. Sector, region, and currency exposures are carefully managed against the MSCI Emerging Markets Index benchmark to ensure balanced diversification and risk controls. The fund is actively managed by New York Life Investment Management in collaboration with Candriam Belgium, and utilizes fundamental and quantitative analysis in its security selection. Additionally, the fund incorporates socially conscious criteria, avoiding companies involved in extractive industries, tobacco, and controversial weapons. It plays a key role for investors seeking diversified exposure to the dynamic and rapidly developing economies of the emerging markets segment.
Fund Family New York Life Investment Management LLC
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol MCYVX
Share Class Investor Class
Index MSCI EM (Emerging Markets) NR USD
MCYVX had a total return of 25.02% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.64%.
