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MainStay Cornerstone Growth Fund Class I (KLGIX)

30.09
Net Asset Value
+0.27%
1 Day
-0.86%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
0.98%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund normally invests at least 80% of its assets in common stocks of large capitalization growth companies with market capitalizations that, at the time of investment, are similar to companies in the Russell 1000  Growth Index.

Performance

1 month+3.12% 3 years+4.62%
3 months-0.63% 5 years+9.28%
1 year-4.20% Since inception+9.94%
Data through --

Peer Comparisonvs. Large growth

 KLGIXCategory
Performance 5-yr return+9.28%+14.98%
Expense ratio0.98%1.16%
Risk 5 year sharpe ratio0.711.00
Net assets$515.9M$2.8B
Average market cap$54.6B$89.4B
Average P/E21.826.2
Portfolio turnover118%118%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureMigene Kim / 0 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--

Holdings

U.S. stock99.59%
International stock0.39%
Fixed income0.01%
Cash0.01%
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
AAPL Apple5.86%
MSFT Microsoft4.52%
AMZN Amazon3.62%
FB Facebook3.22%
GOOGL Google2.45%
GOOG Google2.43%
IWF iShares Russell 1000 Growth ETF1.97%
UNH UnitedHealth1.76%
CMCSA Comcast1.72%
MO Altria Group1.67%