17.56 Down -0.04 -0.23%
DETAILS
Symbol Value ($)
Morningstar Rating NA
Previous Close 17.60
Category Long/Short Equity
Net Assets 21.69 Mil
Yield 0.01%
Morningstar Risk NA
Morningstar Return NA
  • Last NAV update 7/29/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks capital appreciation. To achieve the investment objective, the fund's Subadvisor, allocates the fund's assets among investments in equity securities, fixed-income securities and other investment companies, including exchange traded funds ("ETFs"), in proportions consistent with the Subadvisor's evaluation of their expected risks and returns. The fund may invest up to 50% of its net assets in equity securities of foreign companies of any size, including up to 35% of its net assets in securities issued by corporations or governments located in developing or emerging markets.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 14.04% 3.44% 13.12% 16.58% -4.77%
Value ($) 11,403.80 11,796.01 13,344.10 15,555.89 14,813.53
  • Year to date performance as of 7/29/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family MainStay
Fund Manager Michael Aronstein
Tenure (Years) 7
Fund Status Open
Minimum Initial Purchase 0.00
Minimum IRA Investment NA
Front Load 0.00
Expense Ratio 1.89%
PERFORMANCE
Symbol Value ($)
1 Month -1.01%
3 Months -0.90%
1 Year 1.16%
3 Years* NA
5 Years* NA
  • * Annualized returns
  • Performance as of 7/29/2014 12:00 AM ET
PEER COMPARISON
  MFRDX Long/Short Equity
5-Yr Return NA 8.58%
Sharpe Ratio 1.35 1.59
Net Assets 21.69 Mil 205.09 Mil
Avg Market Cap 19.96 Bil 37.96 Bil
Avg P/E 15.57 17.81
Portfolio Turnover 32 490
HOLDINGS
Symbol Value ($)
Stocks 97.71%
Cash 48.65%
Fixed Income 8.42%
Other 2.39%
TOP 10 HOLDINGS
NAME % NET ASSETS
Euro-Oat Future Jun14 Xeur 20140606 8.96%
Euro-Bund Future Jun14 Xeur 20140606 6.04%
Cds6 Cds Usd R V 00mevent Us105756al40 5.45%
Cds6 Cds Usd P F 1.00000 Red Code 115ccbac2 5.27%
Vanguard Emerging Markets Stock Idx ETF 3.86%
iShares MSCI Emerging Markets 3.71%
Utilities Select Sector SPDR® ETF 3.27%
Bank of Ireland (Governor & Co of) 2.60%
Allianz SE 2.46%
iShares JPMorgan USD Emerg Markets Bond 2.40%
DATA PROVIDERS

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