About MECFX
NYLI Epoch Capital Growth Fund - Class I Shares is a globally diversified mutual fund focused on pursuing long-term capital appreciation. The fund primarily invests in equity securities of companies from around the world, including the United States, targeting businesses with a proven track record of generating free cash flow and management teams dedicated to reinvesting for further growth. This strategy emphasizes selecting firms with strong, persistent returns on invested capital, ensuring that investments are likely to exceed their cost of capital. The portfolio covers a broad array of economic sectors and market capitalizations, offering exposure to technology, healthcare, financial services, consumer discretionary, and more. With over 100 holdings, the fund demonstrates significant diversification, while maintaining an annual turnover rate around 30%, indicating a balanced approach between active management and stability. The fund is managed by experienced professionals and has been recognized with industry awards for its consistent, risk-adjusted performance, such as the 2023 LSEG Lipper U.S. Award in its category. Institutional investors are often attracted to this share class due to its low expense structure and focus on capital growth in both robust and challenging economic environments.
Fund Family New York Life Investment Management LLC
Category Unclassified
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol MECFX
Share Class Class I
Index MSCI World NR USD
MECFX had a total return of 4.92% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.42%.
