NYLI Epoch Capital Growth Fund;A

Frequently Asked Questions About MECDX

What does MECDX invest in?

The primary objective of this fund is to achieve substantial capital growth over an extended timeframe. It typically constructs a diverse collection of global stock holdings, encompassing U.S.-based firms. Key criteria for selecting these companies include a consistent track record of generating superior returns on their invested capital, compared to their funding costs, and a demonstrated increase in operating cash flow. A substantial portion, specifically at least 80% of its total assets (including any borrowed funds for investment), is committed to equities from companies spanning the entire spectrum of market capitalizations. Furthermore, the fund possesses the flexibility to allocate up to one-fifth of its net assets to securities issued by companies in developing economies, as decided by its Subadvisor.

What is the expense ratio of MECDX?

NYLI Epoch Capital Growth Fund;A (MECDX) charges an expense ratio of 1.15%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MECDX?

NYLI Epoch Capital Growth Fund;A (MECDX) manages $133.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is MECDX actively managed or an index fund?

MECDX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MECDX's is 1.15%) in exchange for the discretion to over- or under-weight positions.

When was MECDX launched?

NYLI Epoch Capital Growth Fund;A (MECDX) launched in July 2016 and is managed by New York Life / NYLI.

How has MECDX performed?

MECDX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.