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New York Life Investments has announced plans to liquidate three ETFs as part of its regular product line-up review. The affected funds are:
- NYLI 500 International ETF (IQIN)
- NYLI CBRE NextGen Real Estate ETF (ROOF)
- NYLI Engender Equality ETF (EQUL)
These funds will cease trading and stop accepting creation or redemption orders after market close on November 20, 2024. Shareholders can expect to receive liquidation proceeds on or about November 27, 2024. This move is part of the company's ongoing efforts to optimize its product offerings.
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