MCYSX Fees and Costs — NYLI Candriam Emerging Markets Equity Fund, Class R6
Data updated: 2026-09-23
The net expense ratio is 1.01%: a 1.00% management fee plus 0.38% other expenses, less a 0.37% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $145K in broker commissions, 0.1305% of average net assets, and portfolio turnover was 189%.
MCYSX Fees and Expenses
Annual operating expenses and sales charges of MCYSX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.38% |
| Gross expense ratio | 1.38% |
| Fee waiver | −0.37% |
| Net expense ratio | 1.01% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MCYSX Costs Over Time
On $10,000 invested in MCYSX, assuming 5% a year before costs, total costs come to $711 over 5 years, cutting the return by 1.20% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.01%) | $106 | $330 | $572 |
| Trading costs (broker commissions) | $14 | $43 | $74 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $120 | $392 | $711 |
| Value after costs | $10,380 | $11,185 | $12,051 |
| Impact on return, per year | 1.20% | 1.20% | 1.20% |
MCYSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1305%
- Total broker commissions: $145K
- Bought from dealers (principal trades, not a cost): $1.1M
- Portfolio turnover (prospectus): 189%
- Securities on loan, average value: $858K
- Net income from securities lending: $31K (0.028% of average net assets)
MCYSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $25K | 17.73% |
| BofA Securities, Inc. | $24K | 17.11% |
| Goldman Sachs & Co. LLC | $24K | 17.07% |
| Morgan Stanley & Co. LLC | $17K | 12.18% |
| Citigroup Global Markets Inc. | $17K | 11.98% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $10K | 7.53% |
| Instinet, LLC | $9K | 6.75% |
| J.P. Morgan Securities LLC | $5K | 3.74% |
| Barclays Capital, Inc. | $5K | 3.64% |
| ICICI Securities Limited | $3K | 2.28% |
MCYSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $1.1M | 100.00% |
NYLI Candriam Emerging Markets Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MCYIX | Class I | 1.01% | none |
| MCYSX | Class R6 | 1.01% | none |
| MCYAX | Class A | 1.50% | 5.50% |
| MCYVX | Investor Class | 1.61% | 5.00% |
| MCYCX | Class C | 2.36% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.