MainStay Cornerstone Growth Fund Class I (KLGIX)

31.48
Net Asset Value
+0.35%
1 Day
-1.13%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
0.99%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. Under normal circumstances, the fund will invest at least 80% of its assets in common stocks of large-capitalization growth companies. Large-capitalization growth companies are those that, at the time of investment, have market capitalizations within the range of market capitalizations of companies appearing in the Russell 1000 ® Growth Index.

Performance

1 month-1.75% 3 years+12.82%
3 months+5.17% 5 years+12.59%
1 year+7.40% Since inception+13.74%
Data through --

Peer Comparisonvs. Large growth

 KLGIXCategory
Performance 5-yr return+12.59%+14.09%
Expense ratio0.99%1.23%
Risk 5 year sharpe ratio0.780.98
Net assets$1.2B$2.7B
Average market cap$32.0B$70.2B
Average P/E26.022.3
Portfolio turnover88%88%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureThomas Kamp / 8 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--

Holdings

U.S. stock84.27%
International stock15.09%
Cash0.64%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 15.47%
Hardware 12.42%
Telecommunication 11.78%
Consumer service 11.13%
Healthcare 10.51%
Top 10 Holdings
Portfolio weighting
CRM Salesforce.com Inc5.01%
RAX Rackspace Hosting Inc4.67%
-- Catamaran Corp4.25%
V Visa Inc Class A4.13%
SBUX Starbucks Corp4.12%
GOOGL Google Inc Class A4.06%
MU Micron Technology Inc3.58%
FB Facebook Inc Class A3.17%
PCP Precision Castparts Corp3.09%
AMZN Amazon.com Inc3.07%

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