NYLI Winslow Large Cap Growth Fund;A

Frequently Asked Questions About MLAAX

What does MLAAX invest in?

The fund's primary goal is to deliver long-term capital appreciation. It primarily invests in large-capitalization companies, committing at least 80% of its total assets (which includes net assets and any borrowed funds for investment purposes) to these firms. A large-cap company is defined as one with a market capitalization exceeding $4 billion at the time of acquisition. While the Subadvisor largely focuses on domestic U.S. securities, the fund maintains the option to allocate up to 20% of its net assets to international investments. The classification of a security's issuer as either U.S. or foreign is typically based on its "country of risk," as determined by independent third-party providers like Bloomberg.

What is the expense ratio of MLAAX?

NYLI Winslow Large Cap Growth Fund;A (MLAAX) charges an expense ratio of 0.94%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MLAAX?

NYLI Winslow Large Cap Growth Fund;A (MLAAX) manages $11.77B 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 MLAAX actively managed or an index fund?

MLAAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MLAAX's is 0.94%) in exchange for the discretion to over- or under-weight positions.

When was MLAAX launched?

NYLI Winslow Large Cap Growth Fund;A (MLAAX) launched in July 1995 and is managed by New York Life / NYLI.

How has MLAAX performed?

MLAAX'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.