Investment Objectives and Goals |
Aug. 26, 2026 |
|---|---|
| Prospectus [Line Items] | |
| Definition of Rule 35d-1 Term in Fund Name [Text Block] | In accordance with Rule 35d-1 under the 1940 Act, certain Funds have each adopted a policy that each will, under normal circumstances, invest at least 80% of the value of its assets (net assets plus the amount of any borrowings for investment purposes) in investments of the type suggested by the Fund’s name. A Fund may count investments in any derivatives or underlying funds toward various guideline tests (such as the 80% test required under Rule 35d-1 under the 1940 Act). In addition, to the extent that a Fund utilizes derivatives that provide exposure to an investment that counts toward a Fund’s compliance with a Rule 35d-1 investment policy or to one or more market risk factors associated with these investments, such derivatives will be counted towards the Fund’s 80% investment policy. |
| NYLIMM CBRE Real Estate & Infrastructure ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | NYLIM CBRE Real Estate & Infrastructure ETF(prior to August 28, 2026, named NYLI CBRE Real Assets ETF) |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The NYLIM CBRE Real Estate & Infrastructure ETF (the “Fund”) seeks total return through capital growth and current income. |
| Selection Criteria for Rule 35d-1 Term in Fund Name [Text Block] | The NYLIM CBRE Real Estate & Infrastructure ETF has adopted a policy that it will, under normal circumstances, invest 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in securities issued by real estate companies and infrastructure companies. For purposes of compliance with the Fund’s policy, the Fund’s Subadvisor defines a real estate company as a company that derives at least 50% of its total revenue or earnings from owning, operating, leasing, developing, managing, brokering and/or selling real estate, or has at least 50% of its assets invested in real estate and defines an infrastructure company as a company that derives at least 50% of its revenues or profits from, or devotes at least 50% of its assets to, the ownership, management, development, construction, renovation, enhancement, operation of infrastructure assets or the provision of services to companies engaged in such activities. |
| NYLIM MacKay Core Plus Bond ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | NYLIM MacKay Core Plus Bond ETF(prior to August 28, 2026, named NYLI MacKay Core Plus Bond ETF) |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The NYLIM MacKay Core Plus Bond ETF (the “Fund”) seeks total return. |
| Selection Criteria for Rule 35d-1 Term in Fund Name [Text Block] | The NYLIM MacKay Core Plus Bond ETF has adopted a policy that it will, under normal circumstances, invest at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in bonds, which include all types of debt securities, such as: debt or debt-related securities issued or guaranteed by the U.S. or foreign governments, their agencies or instrumentalities; obligations of international or supranational entities; debt securities issued by U.S. or foreign corporate entities; zero coupon bonds; municipal bonds; mortgage-related and other asset-backed securities; and loan participation interests. |
| NYLIM MacKay High Income ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | NYLIM MacKay High Income ETF(prior to August 28, 2026, named NYLI MacKay High Income ETF) |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The NYLIM MacKay High Income ETF (the “Fund”) seeks to maximize current income. |
| Selection Criteria for Rule 35d-1 Term in Fund Name [Text Block] | The NYLIM MacKay High Income ETF has adopted a policy that it will, under normal circumstances, invest at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in high-yield corporate debt instruments, including all types of high-yield domestic and foreign corporate debt securities that are rated below investment grade by a nationally recognized statistical rating organization (“NRSRO”) (such securities rated lower than BBB- and Baa3), or, if unrated, judged to be of comparable quality by the Fund’s Subadvisor. |
| NYLIM MacKay Securitized Income ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | NYLIM MacKay Securitized Income ETF(prior to August 28, 2026, named NYLI MacKay Securitized Income ETF) |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The NYLIM MacKay Securitized Income ETF (the “Fund”) seeks total return with an emphasis on current income. |
| Selection Criteria for Rule 35d-1 Term in Fund Name [Text Block] | The NYLIM MacKay Securitized Income ETF has adopted a policy that it will, under normal circumstances, invests at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in securitized assets, which include commercial mortgage-backed securities (CMBS), asset-backed securities (ABS), agency and non-agency residential mortgage-backed securities (RMBS), collateralized mortgage obligations (CMOs), and collateralized loan obligations (CLOs). The NYLIM MacKay Muni Insured ETF has adopted a policy that it will, under normal circumstances, invest at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in insured Municipal Bonds. 102 |
| NYLIM MacKay Muni Allocation ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | NYLIM MacKay Muni Allocation ETF(prior to August 28, 2026, named NYLI MacKay Muni Allocation ETF) |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The NYLIM MacKay Muni Allocation ETF (the “Fund”) seeks current income exempt from regular federal income tax. |
| NYLIM MacKay Muni Insured ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | NYLIM MacKay Muni Insured ETF(prior to August 28, 2026, named NYLI MacKay Muni Insured ETF) |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The NYLIM MacKay Muni Insured ETF (the “Fund”) seeks current income exempt from federal income tax. |
| Selection Criteria for Rule 35d-1 Term in Fund Name [Text Block] | The NYLIM MacKay Muni Insured ETF has adopted a policy that it will, under normal circumstances, invest at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in insured Municipal Bonds. |
| NYLIM MacKay Muni Short Duration ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | NYLIM MacKay Muni Short Duration ETF(prior to August 28, 2026, named NYLI MacKay Muni Short Duration ETF) |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The NYLIM MacKay Muni Short Duration ETF (the “Fund”) seeks current income exempt from regular federal income tax. |
| Selection Criteria for Rule 35d-1 Term in Fund Name [Text Block] | The NYLIM MacKay Muni Short Duration ETF and NYLIM MacKay Muni Allocation ETF have each adopted a policy that it will, under normal circumstances, invest at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in municipal debt securities, which include debt obligations issued by or on behalf of a government entity or other qualifying entity/issuer that pays interest that is, in the opinion of bond counsel to the issuers, generally excludable from gross income for federal income tax purposes (except that the interest may be includable in taxable income for purposes of the federal alternative minimum tax). |
| NYLIM MacKay Muni Intermediate ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | NYLIM MacKay Muni Intermediate ETF(prior to August 28, 2026, named NYLI MacKay Muni Intermediate ETF) |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The NYLIM MacKay Muni Intermediate ETF (the “Fund”) seeks current income exempt from federal income tax. |
| Selection Criteria for Rule 35d-1 Term in Fund Name [Text Block] | The NYLIM MacKay Muni Insured ETF and NYLIM MacKay Muni Intermediate ETF have each adopted a policy that it will, under normal circumstances, invest at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax. |
| NYLIM MacKay California Muni Intermediate ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | NYLIM MacKay California Muni Intermediate ETF(prior to August 28, 2026, named NYLI MacKay California Muni Intermediate ETF) |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The NYLIM MacKay California Muni Intermediate ETF (the “Fund”) seeks current income exempt from federal and California income taxes. |
| Selection Criteria for Rule 35d-1 Term in Fund Name [Text Block] | The NYLIM MacKay California Muni Intermediate ETF has adopted a policy that it will invest at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in municipal bonds whose interest is, in the opinion of bond counsel for the issuers at the time of issuance, exempt from federal and California income taxes.
In accordance with Rule 35d-1 under the 1940 Act, the following Funds have adopted a “non-fundamental” policy which means that it may be changed without the vote of a majority of a Fund’s outstanding shares as defined in the 1940 Act. A Fund that has adopted such a policy will provide the Fund’s shareholders with at least 60 days’ prior notice of any changes in the Fund’s non-fundamental investment policy with respect to investments of the type suggested by its name: |
| NYLIM Winslow Large Cap Growth ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | NYLIM Winslow Large Cap Growth ETF(prior to August 28, 2026, named NYLI Winslow Large Cap Growth ETF) |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The NYLIM Winslow Large Cap Growth ETF (the “Fund”) seeks long-term growth of capital. |
| Selection Criteria for Rule 35d-1 Term in Fund Name [Text Block] | The NYLIM Winslow Large Cap Growth ETF has adopted a policy that it will, under normal circumstances, invest at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in large-capitalization growth companies. |
| NYLIM Winslow Focused Large Cap Growth ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | NYLIM Winslow Focused Large Cap Growth ETF(prior to August 28, 2026, named NYLI Winslow Focused Large Cap Growth ETF) |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The NYLIM Winslow Focused Large Cap Growth ETF (the “Fund”) seeks long-term growth of capital. |
| Selection Criteria for Rule 35d-1 Term in Fund Name [Text Block] | The NYLIM Winslow Focused Large Cap Growth ETF has adopted a policy that it will, under normal circumstances, invest at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in large-capitalization growth companies. |