New York Life Investments FTSE International Equity Currency Neutral ETF

The NYLI FTSE International Equity Currency Neutral - USD is an exchange-traded fund (ETF) designed to offer investors exposure to a diversified, international portfolio of equities while mitigating currency risk. Its primary function is to track the performance of the FTSE Developed ex North America 50% Hedged to USD Index, which includes large and mid-cap stocks from developed markets outside of North America, effectively eliminating the impact of currency fluctuations against the US dollar. This currency-neutral technique ensures that the investment focus remains on equity performance rather than exchange rate variability. Notable features of this ETF include its broad geographic diversification and emphasis on developed international markets, which span various industries and sectors such as technology, healthcare, and consumer goods. By doing so, it provides a balanced market exposure and enhances portfolio diversification. In the global financial market, this ETF plays a significant role for investors seeking international growth opportunities while reducing currency exposure, thus appealing to those who want a more stable return profile amid global economic transitions.