Fund Description

The fund was incepted in January 1991 and is managed by New York Life Investment Management, LLC. The fund seeks to maximize total return, consistent with certain percentage constraints on amounts allocated to each asset class, from a combination of common stocks, fixed income securities, and money market investments. The fund's allocations include specific percentages of stocks, bonds, or money market instruments that may be selected to parallel the performance of specific indexes. The fund manager uses a proprietary model to assess potential opportunities and allocate assets within the portfolio's percentage constraints. Dividends and capital gains are distributed annually.