NYLIM Funds Trust’s revised prospectus summary sets a $5,000,000 Investment minimum for Class P shares of the NYLIM PineStone Global Equity Fund. The threshold matters to investors because Class P shares are generally available through a relationship with PineStone Asset Management, while subsequent investments have no minimum.

Key Highlights

  • The fund’s stated objective is Capital appreciation.
  • PineStone Asset Management portfolio managers Nadim Rizk and Andrew Chan have served since 2023.
  • Class P shares require a $5,000,000 minimum investment.

Fund Objective and Ticker

The summary identifies the fund’s ticker as FCGPX and states that its objective is capital appreciation.

$5,000,000 Class P Entry Threshold

The fund was formerly known as the NYLI PineStone Global Equity Fund, according to the prospectus summary dated February 28, 2026 and revised August 28, 2026. Class P shares require a $5,000,000 minimum investment.

Purchase, Management and Payments

Investors may buy or sell fund shares on any Business day through a financial adviser, financial intermediary, the fund by telephone or mail, or the NYLIM accounts website. PineStone Asset Management Inc. serves as subadvisor, with Nadim Rizk, MBA, CFA, CEO and CIO, and Andrew Chan, M.Sc. As portfolio managers, each serving since 2023.

Financial intermediaries may receive payments connected with sales and related services, which may influence recommendations, while no compensation, administrative, sub-transfer agency or service payments are paid from fund Assets or specified affiliated resources for Class P sales or investments.

Source(s)

  • https://www.sec.gov/Archives/edgar/data/1469192/000146919226000195/c497k.htm