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Stay informed about the state of the municipal bon market.

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Are you properly invested to reach your long-term goals of buying a home, starting a business or retiring? With today' average life expectancy over 78 years old, you can expect to live longer in retirement.

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Uncertain Markets - Mid-Year Update

Tune into the webcast on 7/22 at 1pm ET for an update from our Institutional Investor specialist.

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Model Hypotheticals.

Morningstar Hypothetical helps advisors support a recommended investment or portfolio strategy to clients and prospectus.

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Most Powerful Women in Finance 2019

NYLIM CEO, Yie-Hsin Hung, was recognized as one of the most Powerful Women in Finance for 2019.

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The products and services of New York Life Investments’ boutiques are not available to all clients and in all jurisdictions or regions where such provision would be contrary to local laws or regulations.

With over $500 billion in Assets Under Management1 as of 6/30/2019, New York Life Investments is comprised of the affiliated global asset management businesses of our parent company, New York Life Insurance Company (New York Life). We offer clients access to specialized, independent investment teams through our family of affiliated boutiques. We remain committed to our clients through a combination of the diverse perspectives of our boutiques and a long-lasting focus on sustainable relationships.

One of the largest and oldest mutual life insurance companies in the United States, New York Life has the highest ratings for financial strength currently awarded to any life insurer by the four major ratings agencies (including a AAA rating2), and has consistently paid annual dividends to our policyholders since 1854.

As of 6/30/2019. AUM includes assets of Investment Advisers affiliated with New York Life Insurance Company. AUM for Candriam and Ausbil is reported at the spot rate. AUM excludes Assets under Administration.
Individual independent rating agency commentary as of 7/30/2018: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aaa), Standard & Poor’s (AA+). Dividends are not guaranteed. The financial strength of New York Life Insurance Company applies only to its insurance products and not to investment products which are subject to market risk and fluctuation in value.

“New York Life Investments” is both a service mark, and the common trade name, of the investment advisors affiliated with New York Life Insurance Company. New York Life Investments, an indirect subsidiary of New York Life Insurance Company, New York, New York 10010, provides investment advisory products and services.

The MainStay Funds® are managed by New York Life Investment Management LLC and distributed by NYLIFE Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302, a wholly owned subsidiary of New York Life Insurance Company. NYLIFE Distributors LLC is a Member FINRA/SIPC.1821162

For more information about MainStay Funds®, call 800-624-6782 for a prospectus or summary prospectus. Investors are asked to consider the investment objectives, risks, and charges and expenses of the investment carefully before investing. The prospectus or summary prospectus contains this and other information about the investment company. Please read the prospectus or summary prospectus carefully before investing.

IndexIQ® is an indirect wholly owned subsidiary of New York Life Investment Management Holdings LLC and serves as the advisor to the IndexIQ ETFs. ALPS Distributors, Inc. (ALPS) is the principal underwriter of the ETFs. NYLIFE Distributors LLC is a distributor of the ETFs.

Consider the IndexIQ ETFs investment objectives, risks, charges and expenses carefully before investing. The prospectus and the statement of additional information include this and other relevant information about the Funds and are available by visiting IQetfs.com or calling (888) 474-7725. Read the prospectus carefully before investing.

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