NEW YORK - Friday, 27. September 2024 AETOSWire
(BUSINESS
WIRE)--New York Life Investments today announced plans to liquidate the
following ETFs (the “Funds”) as part of the company’s regular review of
its product line-up:
NYLI 500 International ETF (IQIN)
NYLI CBRE NextGen Real Estate ETF (ROOF)
NYLI Engender Equality ETF (EQUL)
The
Funds will cease trading and no longer accept creation or redemption
orders after market close on November 20, 2024. Proceeds of the
liquidation are expected to be sent to shareholders on or about November
27, 2024.
About New York Life Investments
With over $727
billion in assets under management as of June 30, 2024, New York Life
Investments, a Pensions & Investments’ Top 30 Largest Money
Manager*, is comprised of the affiliated global asset management
businesses of its parent company, New York Life Insurance Company, and
offers clients access to specialized, independent investment teams
through its family of affiliated boutiques. New York Life Investments
remains committed to clients through a combination of the diverse
perspectives of its boutiques and a long-lasting focus on sustainable
relationships.
*New York Life Investment Management ranked 26th
largest institutional investment manager in Pensions & Investments'
Largest Money Managers 2024 published June 2024, based on worldwide
institutional AUM as of 12/31/23. No direct or indirect compensation was
paid for the creation and distribution of this ranking.
All investments are subject to risk and will fluctuate in value.
Consider
the Funds' investment objectives, risks, charges and expenses carefully
before investing. The prospectus and the statement of additional
information include this and other relevant information about the Funds
and are available by visiting nylinvestments.com or calling (888)
474-7725. Read the prospectus carefully before investing.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240927956483/en/
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Contacts
For additional information about New York Life Investments, please contact:
New York Life Investments
Sara Guenoun
sara_j_guenoun@newyorklife.com
Craft & Capital
Chris Sullivan
chris@craftandcapital.com