NYLI Funds Sales Charges and Commissions
Generally, Class A shares have a minimum initial investment amount of $15,000 per NYLI Fund (except for the NYLI ETF Asset Allocation Funds, which have a minimum initial investment amount of $2,500).
- NYLI WMC Enduring Capital Fund
- NYLI MacKay Convertible Fund
- NYLI WMC Growth Fund
- NYLI PineStone Global Equity Fund
- NYLI PineStone International Equity Fund
- NYLI PineStone U.S. Equity Fund
- NYLI WMC International Research Equity Fund
- NYLI WMC Small Companies Fund
- NYLI WMC Value Fund
- NYLI Winslow Large Cap Growth Fund
- NYLI Fiera SMID Growth Fund
COMMISSIONS ON INVESTMENTS OF $1,000,000 OR MORE
| Investment Amount | Commission Percentage4 |
| $1,000,000 to $4,999,999 | 1.00% |
| $5,000,000 to $9,999,999 | 0.75% |
| On any portion of $10,000,000 or more | 0.50% |
| Purchase Amount | Sales Charges1 | Typical Dealer |
| Less than $50,000 |
5.50% | 4.75% |
| $50,000 to $99,999 | 4.50 | 4.00 |
| $100,000 to $249,999 | 3.50 | 3.00 |
| $250,000 to $499,999 | 2.50 | 2.00 |
| $500,000 to $999,999 | 2.00 | 1.75 |
| $1,000,000 or more | None2 | None3 |
COMMISSIONS ON INVESTMENTS OF $1,000,000 OR MORE
| Investment Amount | Commission Percentage4 |
| $1,000,000 to $2,999,999 | 0.50% |
| $3,000,000 to $4,999,999 | 0.25% |
| On any portion of $5,000,000 or more | 0.20% |
| Purchase Amount | Sales Charges1 | Typical Dealer |
| Less than $50,000 |
1.50% | 1.25% |
| $50,000 to $99,999 | 1.25 | 1.00 |
| $100,000 to $249,999 | 1.00 | 0.75 |
| $250,000 to $499,999 | 0.75 | 0.50 |
| $500,000 to $999,999 | 0.50 | 0.25 |
| $1,000,000 or more | None2 | None3 |
1. The sales charge you pay may differ slightly from the amounts listed here due to rounding calculations.
2. No sales charge applies on investments of $1 million or more. A contingent deferred sales charge of 1.00% may be imposed, however, on redemptions made within 18 months of the date of purchase on shares that were purchased without an initial sales charge.
3. The Distributor may pay a commission to financial intermediary firms on these purchases from its own resources. See applicable “Commissions on Investments of $1,000,000 or more” table.
4. Commissions are calculated on a calendar year basis. Such commissions are paid only on those purchases that were not previously subject to a front-end sales charge and dealer concession.
COMMISSIONS ON INVESTMENTS OF $250,000 OR MORE
| Investment Amount | Commission Percentage4 |
| $1,000,000 to $4,999,999 | 1.00% |
| $5,000,000 to $9,999,999 | 0.75% |
| On any portion of $10,000,000 or more | 0.50% |
| Purchase Amount | Sales Charges1 | Typical Dealer |
| Less than $100,000 |
4.50% | 4.00% |
| $100,000 to $249,999 | 3.50 | 3.00 |
| $250,000 to $499,999 | 2.50 | 2.00 |
| $500,000 to $999,999 | 2.00 | 1.75 |
| $1,000,000 or more | None2 | None3 |
COMMISSIONS ON INVESTMENTS OF $250,000 OR MORE
| Investment Amount | Commission Percentage4 |
| $250,000 to $4,999,999 | 1.00% |
| $5,000,000 to $9,999,999 | 0.75% |
| On any portion of $10,000,000 or more | 0.50% |
| Purchase Amount | Sales Charges1 | Typical Dealer |
| Less than $100,000 |
3.00% | 2.75% |
| $100,000 to $249,999 | 2.00 | 1.75 |
| $250,000 or more | None5 | None7 |
COMMISSIONS ON INVESTMENTS OF $250,000 OR MORE
Investment Amount |
Commission Percentage4 |
On any portion of $250,000 or more |
0.50%* |
| Purchase Amount | Sales Charges1 | Typical Dealer |
| Less than $100,000 |
3.00% | 2.75% |
| $100,000 to $249,999 | 2.00 | 1.75 |
| $250,000 or more | None5 | None7 |
COMMISSIONS ON INVESTMENTS OF $250,000 OR MORE
| Investment Amount | Commission Percentage4 |
| $250,000 to $4,999,999 | 1.00% |
| $5,000,000 to $9,999,999 | 0.75% |
| On any portion of $10,000,000 or more | 0.50% |
| Purchase Amount | Sales Charges1 | Typical Dealer |
| Less than $100,000 |
3.00% | 2.75% |
| $100,000 to $249,999 | 2.00 | 1.75 |
| $250,000 or more | None5 | None7 |
COMMISSIONS ON INVESTMENTS OF $250,000 OR MORE
| Investment Amount | Commission Percentage4 |
| On any portion of $10,000,000 or more | 0.50% |
| Purchase Amount | Sales Charges1 | Typical Dealer |
| Less than $250,000 |
1.00% | 1.00% |
| $250,000 or more | None6 | None7 |
5. No sales charge applies on investments of $250,000 or more. A contingent deferred sales charge of 1.00% may be imposed, however, on redemptions made within 18 months of the date of purchase on shares that were purchased without an initial sales charge.
6. No sales charge applies on investments of $250,000 or more. A contingent deferred sales charge of .50% may be imposed, however, on redemptions made within 12 months of the date of purchase on shares that were purchased without an initial sales charge.
7. The Distributor may pay a commission to financial intermediary firms on these purchases from its own resources. See applicable “Commissions on Investments of $250,000 or more” table.
* No sales charge applies on investments of $250,000 or more. A contingent deferred sales charge of 0.50% may be imposed, however, on redemptions made within 18 months of the date of purchase on shares that were purchased without an initial sales charge.
Generally, Investor Class shares will be available for shareholders with less than $15,000 to invest per NYLI Fund account.
COMMISSIONS ON INVESTMENTS OF $1,000,000 OR MORE
| Investment Amount | Commission Percentage11 |
| $1,000,000 to $4,999,999 | 1.00% |
| $5,000,000 to $9,999,999 | 0.75% |
| On any portion of $10,000,000 or more | 0.50% |
| Purchase Amount | Sales Charges8 | Typical Dealer |
| Less than $50,000 | 5.00% | 4.25% |
| $50,000 to $99,999 | 4.00 | 3.50 |
| $100,000 to $249,999 | 3.00 | 2.50 |
| $250,000 to $499,999 | 2.00 | 1.50 |
| $500,000 to $999,999 | 1.50 | 1.25 |
| $1,000,000 or more | None9 | None10 |
COMMISSIONS ON INVESTMENTS OF $1,000,000 OR MORE
| Investment Amount | Commission Percentage11 |
| $1,000,000 to $2,999,999 | 0.50% |
| $3,000,000 to $4,999,999 | 0.25% |
| On any portion of $5,000,000 or more | 0.20% |
| Purchase Amount | Sales Charges8 | Typical Dealer |
| Less than $50,000 | 1.00% | 0.75% |
| $50,000 to $99,999 | 0.75 | 0.50 |
| $100,000 to $249,999 | 0.50 | 0.35 |
| $250,000 to $499,999 | 0.25 | 0.25 |
| $500,000 to $999,999 | 0.15 | 0.15 |
| $1,000,000 or more | None9 | None10 |
8. The sales charge you pay may differ slightly from the amounts listed here due to rounding calculations.
9. No sales charge applies on investments of $1 million or more. A contingent deferred sales charge of 1.00% may be imposed, however, on redemptions made within 18 months of the date of purchase on shares that were purchased without an initial sales charge.
10. The Distributor may pay a commission to financial intermediary firms on these purchases from its own resources. See applicable “Commissions on Investments of $1,000,000 or more” table.
11. Commissions are calculated on a calendar year basis. Such commissions are paid only on those purchases that were not previously subject to a front-end sales charge and dealer concession.
COMMISSIONS ON INVESTMENTS OF $1,000,000 OR MORE
| Investment Amount | Commission Percentage11 |
| $1,000,000 to $4,999,999 | 1.00% |
| $5,000,000 to $9,999,999 | 0.75% |
| On any portion of $10,000,000 or more | 0.50% |
| Purchase Amount | Sales Charges8 | Typical Dealer |
| Less than $100,000 | 4.00% | 3.50% |
| $100,000 to $249,999 | 3.00 | 2.50 |
| $250,000 to $499,999 | 2.00 | 1.50 |
| $500,000 to $999,999 | 1.50 | 1.25 |
| $1,000,000 or more | None9 | None10 |
COMMISSIONS ON INVESTMENTS OF $250,000 OR MORE
| Investment Amount | Commission Percentage11 |
| $250,000 to $4,999,999 | 1.00% |
| $5,000,000 to $9,999,999 | 0.75% |
| On any portion of $10,000,000 or more | 0.50% |
| Purchase Amount | Sales Charges8 | Typical Dealer |
| Less than $100,000 | 2.50% | 2.25% |
| $100,000 to $249,999 | 1.50 | 1.25 |
| $250,000 or more | None12 | None14 |
COMMISSIONS ON INVESTMENTS OF $250,000 OR MORE
| Investment Amount | Commission Percentage11 |
| $250,000 to $4,999,999 | 1.00% |
| $5,000,000 to $9,999,999 | 0.75% |
| On any portion of $10,000,000 or more | 0.50% |
| Purchase Amount | Sales Charges8 | Typical Dealer |
| Less than $100,000 | 2.50% | 2.25% |
| $100,000 to $249,999 | 1.50 | 1.25 |
| $250,000 or more | None12 | None14 |
COMMISSIONS ON INVESTMENTS OF $250,000 OR MORE
| Investment Amount | Commission Percentage11 |
| On any portion of $250,000 or more | 0.50% |
| Purchase Amount | Sales Charges8 | Typical Dealer |
| Less than $250,000 | 0.50% | 0.50% |
| $250,000 or more | None13 | None14 |
12. No sales charge applies on investments of $250,000 or more. A contingent deferred sales charge of 1.00% may be imposed, however, on redemptions made within 18 months of the date of purchase on shares that were purchased without an initial sales charge.
13. No sales charge applies on investments of $250,000 or more. A contingent deferred sales charge of 0.50% may be imposed, however, on redemptions made within 12 months of the date of purchase on shares that were purchased without an initial sales charge.
14. The Distributor may pay a commission to financial intermediary firms on these purchases from its own resources. See applicable “Commissions on Investments of $250,000 or more” table.
Class C shares are sold without an initial sales charge. However, if Class C shares are redeemed within one year of purchase, a CDSC of 1.00% will be deducted from the redemption proceeds, except under circumstances described in the SAI. Additionally, Class C shares have higher ongoing distribution and/or service (12b-1) fees and, over time, these fees may cost you more than paying an initial sales charge. The Class C share CDSC and the higher ongoing distribution and/or service (12b-1) fees are paid to compensate the Distributor for its expenses in connection with the sale of Class C shares.
Class R1, Class R2 and Class R3 shares are sold at NAV and are available in certain individual retirement accounts and in certain retirement plans that have a service arrangement with New York Life Retirement Plan Services or the Distributor, including:
- Section 401(a) and 457 plans;
- Certain Section 403(b)(7) plans;
- Section 401(k), profit sharing, money purchase pension, and defined benefit plans; and
- Non-qualified deferred compensation plans.
Class R6 shares are sold at NAV and are available in certain employer-sponsored retirement plans, including the following, provided that in each case the plan trades on an omnibus level:
- Section 401(a) and 457 plans;
- Certain Section 403(b)(7) plans
- Section 401(k), profit sharing, money purchase pension, and defined benefit plans; and
- Non-qualified deferred compensation plans.
Must be preceded or accompanied by a current prospectus.