MainStay Cornerstone Growth Fund Class I (KLGIX)

31.15
Net Asset Value
+0.13%
1 Day
-2.87%
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-3.02% 3 years+8.37%
3 months-2.90% 5 years--
1 year+16.21% Since inception+13.56%
Data through --

Peer Comparisonvs. Large growth

 KLGIXCategory
Performance 5-yr return--+20.22%
Expense ratio0.99%1.24%
Risk 5 year sharpe ratio1.041.26
Net assets$1.1B$2.5B
Average market cap$32.7B$67.2B
Average P/E21.224.1
Portfolio turnover36%36%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureThomas Kamp / 7 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--

Holdings

U.S. stock86.96%
International stock8.42%
Cash4.62%
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
GOOGL Google Inc Class A6.70%
CRM Salesforce.com, Inc.4.49%
CTRX Catamaran Corp3.73%
HD Home Depot, Inc.3.34%
RAX Rackspace Hosting, Inc.3.22%
FAST Fastenal Company3.08%
SBUX Starbucks Corporation2.98%
AMZN Amazon.com Inc2.93%
V Visa, Inc. Class A2.71%
EW Edwards Lifesciences Corporation2.61%

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