NYLIM International Small-Mid Cap Equity ETF (NISM)

The NYLIM International Small-Mid Cap Equity ETF (NISM) is an actively managed equity fund from New York Life Investment Management.

The fund invests in stocks of small and mid-sized companies located outside the United States, primarily in developed international markets. Its portfolio managers select holdings through fundamental research rather than tracking an index, giving it exposure to segments of foreign markets below the largest multinational companies.