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MainStay Cornerstone Growth Fund Class I (KLGIX)

30.65
Net Asset Value
+1.02%
1 Day
+9.35%
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. 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+2.27% 3 years+7.82%
3 months+6.13% 5 years+8.87%
1 year+13.01% Since inception+10.92%
Data through --

Peer Comparisonvs. Large growth

 KLGIXCategory
Performance 5-yr return+8.87%+11.55%
Expense ratio0.98%1.15%
Risk 5 year sharpe ratio0.681.00
Net assets$576.6M$3.0B
Average market cap$59.4B$101.4B
Average P/E19.926.1
Portfolio turnover137%137%

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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. stock99.20%
International stock0.79%
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 Apple6.40%
MSFT Microsoft4.63%
IWF iShares Russell 1000 Growth ETF3.84%
AMZN Amazon3.32%
FB Facebook2.58%
GOOGL Google2.36%
GOOG Google2.33%
CMCSA Comcast1.82%
UNH UnitedHealth1.81%
MO Altria Group1.78%

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