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New York Life Investments has restructured two of its active semi-transparent Exchange Traded Funds (ETFs) to become fully transparent. The affected ETFs are:
- NYLI Winslow Large Cap Growth ETF (IWLG)
- NYLI Winslow Focused Large Cap Growth ETF (IWFG)
Both ETFs are subadvised by Winslow Capital Management, and managed by their investment team led by Justin Kelly. The funds seek long-term growth of capital through a bottom-up investment process, focusing on companies with potential for above-average future earnings and cash flow growth. As non-diversified ETFs, they can invest a larger percentage of assets in fewer companies. The restructuring does not change the investment team, process, or objective.
Summary not available.