What is your fee structure for investment management?

New York Life Investment Management typically employs a fee structure that can vary based on several factors, including the specific investment strategies utilized, the type of investment vehicles selected, and the size and nature of the investment portfolio. Generally, fees may encompass management fees, performance fees, and asset-based fees. Management fees are often calculated as a percentage of assets under management and can vary according to the complexity of the services provided. Performance fees may be applicable in some investment strategies, rewarding managers for exceeding specific performance benchmarks. It is also common for New York Life Investment Management to provide disclosures regarding fees and expenses, making it easier for clients to understand the costs associated with their investments. For the most current and detailed information regarding the fee structure, it is advisable to refer to the official New York Life Investment Management website, where information about fees, services, and investment products is provided.