MWFAX – NYLIM Equity ETF Allocation Class A Investment Strategy | Morningstar

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Strategy

The investment seeks long-term growth of capital. The fund is a "fund of funds" that seeks to achieve its investment objective by investing in unaffiliated passively-managed exchange-traded funds (the "Underlying ETFs"). It seeks to achieve its investment objective by normally investing substantially all of its assets in Underlying Equity ETFs (normally within a range of 90% to 100%). The fund may invest approximately 25% (within a range of 15% to 35%) of its assets in Underlying International Equity ETFs. It may invest up to 10% of its assets in Underlying Fixed-Income ETFs.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MWFIX	NYLIM Equity ETF Allocation Class I	Institutional	Open			Jun 30, 2020	$51,556.00	0.490%	Low	$1M	−$91,805.55
MWFAX	NYLIM Equity ETF Allocation Class A	Front Load	Open			Jun 30, 2020	$134.96M	0.740%	Low	$2,500	$16.48M
MWFCX	NYLIM Equity ETF Allocation Class C	Level Load	Open			Jun 30, 2020	$217,172.00	1.490%	Below Average	$1,000	$22,860.34
MWFVX	NYLIM Equity ETF Allocation SIMPLE Class	Level Load	Open			Aug 31, 2020	$33.85M	0.990%	Low	$0	$6.54M
MWFQX	NYLIM Equity ETF Allocation Class R3	Retirement, Medium	Open			Jun 30, 2020	$3.14M	1.090%	Below Average	$0	$226,905.50

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