NEW YORK LIFE INVESTMENTS ETF TRUST

NEW YORK LIFE INVESTMENTS ACTIVE ETF TRUST

 

(the “Trusts,” and each series of the Trusts, a “Fund” and
collectively, the “Funds”)

 

Supplement dated May 1, 2026, to each Fund’s Summary Prospectus,

Prospectus and Statement of Additional Information (“SAI”), as
supplemented

 

Capitalized terms and certain other terms used in this Supplement, unless otherwise defined in this Supplement, have the meanings assigned to them in the Summary Prospectus, Prospectus and SAI.

 

The Board of Trustees of the Trusts approved the following changes that will take effect on or about August 28, 2026.

 

1.The name of the New York Life Investments ETF Trust will change to NYLIM ETF Trust.

 

2.The name of the New York Life Investments Active ETF Trust will change to NYLIM Active ETF Trust.

 

3.The names of all of the Funds in each Trust will change as follows:

 

Current Fund Name New Fund Name
NYLI Hedge Multi-Strategy Tracker ETF NYLIM Hedge Multi-Strategy Tracker ETF
NYLI Merger Arbitrage ETF NYLIM Merger Arbitrage ETF
NYLI Candriam International Equity ETF NYLIM Candriam International Equity ETF
NYLI Candriam U.S. Mid Cap Equity ETF NYLIM Candriam U.S. Mid Cap Equity ETF
NYLI Candriam U.S. Large Cap Equity ETF NYLIM Candriam U.S. Large Cap Equity ETF
NYLI FTSE International Equity Currency Neutral ETF NYLIM FTSE International Equity Currency Neutral ETF
NYLI U.S. Large Cap R&D Leaders ETF NYLIM U.S. Large Cap R&D Leaders ETF
NYLI Global Equity R&D Leaders ETF NYLIM Global Equity R&D Leaders ETF
NYLI MacKay Core Plus Bond ETF NYLIM MacKay Core Plus Bond ETF
NYLI MacKay High Income ETF NYLIM MacKay High Income ETF
NYLI MacKay Muni Insured ETF NYLIM MacKay Muni Insured ETF
NYLI MacKay Muni Intermediate ETF NYLIM MacKay Muni Intermediate ETF
NYLI MacKay California Muni Intermediate ETF NYLIM MacKay California Muni Intermediate ETF
NYLI MacKay Securitized Income ETF NYLIM MacKay Securitized Income ETF
NYLI CBRE Real Assets ETF NYLIM CBRE Real Assets ETF
NYLI Winslow Large Cap Growth ETF NYLIM Winslow Large Cap Growth ETF
NYLI Winslow Focused Large Cap Growth ETF NYLIM Winslow Focused Large Cap Growth ETF
NYLI MacKay Muni Short Duration ETF NYLIM MacKay Muni Short Duration ETF
NYLI MacKay Muni Allocation ETF NYLIM MacKay Muni Allocation ETF
NYLI International Small-Mid Cap Equity ETF NYLIM International Small-Mid Cap Equity ETF
NYLI Investment Grade CLO ETF NYLIM Investment Grade CLO ETF

 

4.The names of the indexes developed and maintained by New York Life Investment Management LLC will change as follows:

 

Current Index Name New Index Name
NYLI Hedge Multi-Strategy Index NYLIM Hedge Multi-Strategy Index
NYLI Merger Arbitrage Index NYLIM Merger Arbitrage Index
NYLI Candriam International Equity Index NYLIM Candriam International Equity Index
NYLI Candriam U.S. Mid Cap Equity Index NYLIM Candriam U.S. Mid Cap Equity Index
NYLI Candriam U.S. Large Cap Equity Index NYLIM Candriam U.S. Large Cap Equity Index
NYLI U.S. Large Cap R&D Leaders Index NYLIM U.S. Large Cap R&D Leaders Index
NYLI Global Equity R&D Leaders Index NYLIM Global Equity R&D Leaders Index

 

If you have any questions, please call (888) 474-7725 or visit nylim.com/etf.

 

Investors Should Retain This Supplement For Future Reference

 

REG-00116-05/26