MECEX Fees and Costs — NYLI Epoch Capital Growth Fund, Class C
Data updated: 2026-09-23
The net expense ratio is 2.16%: a 0.75% management fee, a 1.00% 12b-1 fee plus 0.41% other expenses. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $64K in broker commissions, 0.0396% of average net assets, and portfolio turnover was 33%.
MECEX Fees and Expenses
Annual operating expenses and sales charges of MECEX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.41% |
| Gross expense ratio | 2.16% |
| Fee waiver | — |
| Net expense ratio | 2.16% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MECEX Costs Over Time
On $10,000 invested in MECEX, assuming 5% a year before costs, total costs come to $1,343 over 5 years, cutting the return by 2.31% 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 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 2.16%) | $227 | $699 | $1,197 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $36 | $125 |
| Total costs | $334 | $747 | $1,343 |
| Value after costs | $10,166 | $10,829 | $11,420 |
| Impact on return, per year | 3.34% | 2.31% | 2.31% |
MECEX 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): 0.0396%
- Total broker commissions: $64K
- Bought from dealers (principal trades, not a cost): $86.3M
- Portfolio turnover (prospectus): 33%
- Securities on loan, average value: $1.7M
- Net income from securities lending: $7K (0.005% of average net assets)
MECEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $7K | 17.28% |
| Goldman Sachs & Co. LLC | $6K | 14.15% |
| Daiwa Capital Markets America Inc. | $5K | 13.33% |
| UBS Securities LLC | $5K | 11.20% |
| CLSA Americas, LLC | $4K | 9.93% |
| Mizuho Securities USA LLC | $4K | 9.49% |
| Societe Generale | $3K | 8.05% |
| J.P. Morgan Securities LLC | $2K | 5.76% |
| ODDO BHF SCA | $2K | 5.68% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $2K | 5.14% |
MECEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $86.3M | 100.00% |
NYLI Epoch Capital Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MECFX | Class I | 0.90% | none |
| MECDX | Class A | 1.15% | 5.50% |
| MECVX | Investor Class | 1.42% | 5.00% |
| MECEX | Class C | 2.16% | 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.