MainStay MacKay Growth Fund Class I (KLGIX)

38.78
Net Asset Value
-0.59%
1 Day
+10.48%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
0.84%
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. The Subadvisor uses a quantitative model that is designed to evaluate individual issuers and securities across multiple criteria- including valuation- momentum and market sentiment.

Performance

1 month+4.39% 3 years+11.74%
3 months+4.72% 5 years+13.21%
1 year+28.61% Since inception+12.72%
Data through --

Peer Comparisonvs. Large growth

 KLGIXCategory
Performance 5-yr return+13.21%+13.81%
Expense ratio0.84%1.10%
Risk 5 year sharpe ratio1.041.17
Net assets$684.3M$3.6B
Average market cap$73.5B$157.2B
Average P/E23.326.5
Portfolio turnover139%139%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureMigene Kim / 1 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--

Holdings

U.S. stock98.93%
International stock1.07%
Cash0.01%
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
AAPL Apple6.58%
MSFT Microsoft5.88%
AMZN Amazon5.03%
FB Facebook3.62%
GOOG Google2.59%
GOOGL Google2.56%
HD Home Depot2.20%
UNH UnitedHealth2.02%
BA Boeing1.96%
V Visa1.75%