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New York Life Investments Announces Changes to ETF Lineup

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New York Life Investments has announced the upcoming liquidation of two ETFs: the NYLI Cleaner Transport ETF (CLNR) and the NYLI Clean Oceans ETF (OCEN). The funds will cease all trading activities and stop accepting creation or redemption orders after market close on April 9, 2025. Shareholders can expect to receive liquidation proceeds around April 16, 2025.

New York Life Investments ha annunciato la prossima liquidazione di due ETF: il NYLI Cleaner Transport ETF (CLNR) e il NYLI Clean Oceans ETF (OCEN). I fondi cesseranno tutte le attività di trading e smetteranno di accettare ordini di creazione o di rimborso dopo la chiusura del mercato il 9 aprile 2025. Gli azionisti possono aspettarsi di ricevere i proventi della liquidazione intorno al 16 aprile 2025.

New York Life Investments ha anunciado la próxima liquidación de dos ETF: el NYLI Cleaner Transport ETF (CLNR) y el NYLI Clean Oceans ETF (OCEN). Los fondos cesarán todas las actividades de negociación y dejarán de aceptar órdenes de creación o redención después del cierre del mercado el 9 de abril de 2025. Los accionistas pueden esperar recibir los ingresos de la liquidación alrededor del 16 de abril de 2025.

뉴욕 라이프 인베스트먼트는 두 개의 ETF인 NYLI 클리너 트랜스포트 ETF (CLNR)NYLI 클린 오션 ETF (OCEN)의 예정된 청산을 발표했습니다. 이 펀드는 2025년 4월 9일 시장 종료 후 모든 거래 활동을 중단하고 창출 또는 환매 주문을 받지 않습니다. 주주들은 2025년 4월 16일 경에 청산 수익을 받을 것으로 예상할 수 있습니다.

New York Life Investments a annoncé la prochaine liquidation de deux ETF : le NYLI Cleaner Transport ETF (CLNR) et le NYLI Clean Oceans ETF (OCEN). Les fonds cesseront toutes les activités de négociation et arrêteront d'accepter des ordres de création ou de rachat après la clôture du marché le 9 avril 2025. Les actionnaires peuvent s'attendre à recevoir les produits de la liquidation autour du 16 avril 2025.

New York Life Investments hat die bevorstehende Liquidation von zwei ETFs angekündigt: dem NYLI Cleaner Transport ETF (CLNR) und dem NYLI Clean Oceans ETF (OCEN). Die Fonds werden nach Marktschluss am 9. April 2025 alle Handelsaktivitäten einstellen und keine Schöpfungs- oder Rücknahmeaufträge mehr annehmen. Aktionäre können erwarten, die Liquidationserlöse etwa am 16. April 2025 zu erhalten.

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NEW YORK--(BUSINESS WIRE)-- New York Life Investments today announced plans to liquidate the NYLI Cleaner Transport ETF (CLNR) and the NYLI Clean Oceans ETF (OCEN) (the “Funds”).

The Funds will cease trading and no longer accept creation or redemption orders after market close on April 9, 2025. Proceeds of the liquidation are expected to be sent to shareholders on or about April 16, 2025.

About New York Life Investments

With over $739 billion in assets under management as of December 31, 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 was ranked the 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 newyorklifeinvestments.com or calling (888) 474-7725. Read the prospectus carefully before investing.

Securities distributed by NYLIFE Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302, Member FINRA/SIPC.

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

Source: New York Life Investments

FAQ

When will the NYLI Cleaner Transport ETF (CLNR) stop trading?

CLNR will cease trading after market close on April 9, 2025.

What is the liquidation payment date for CLNR and OCEN ETF shareholders?

Shareholders will receive liquidation proceeds on or about April 16, 2025.

How long do investors have to sell their CLNR ETF shares before liquidation?

Investors can trade CLNR shares until market close on April 9, 2025.

Which New York Life Investments ETFs are being liquidated in 2025?

The NYLI Cleaner Transport ETF (CLNR) and the NYLI Clean Oceans ETF (OCEN) are being liquidated.

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