MainStay Cornerstone Growth Fund Class I (KLGIX)

32.73
Net Asset Value
-0.49%
1 Day
+2.80%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
0.99%
Expense Ratio
Above Average
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+4.87% 3 years+11.48%
3 months+1.50% 5 years+13.64%
1 year+9.55% Since inception+12.80%
Data through --

Peer Comparisonvs. Large growth

 KLGIXCategory
Performance 5-yr return+13.64%+14.09%
Expense ratio0.99%1.22%
Risk 5 year sharpe ratio0.801.03
Net assets$1.1B$2.7B
Average market cap$34.0B$70.2B
Average P/E26.020.9
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. stock85.62%
International stock12.97%
Cash1.40%
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.com5.02%
RAX Rackspace Hosting Inc4.68%
-- 4.33%
GOOGL Google3.92%
V Visa3.91%
SBUX Starbucks3.61%
MU Micron Technology Inc3.52%
FB Facebook3.22%
PCP Precision Castparts Corp3.16%
FAST Fastenal Co3.12%

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