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MGDIX MainStay Moderate Growth Allocation I

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Fund MGDIX MainStay Moderate Growth Allocation I TRSGX T. Rowe Price Personal Strat Gr FSDIX Fidelity® Strategic Dividend & Income®  
Similarity
?
100% 90% 88%
Annual Fees
?
$131.04
(1.25% Exp. Ratio)
$82.82
(0.79% Exp. Ratio)
$81.77
(0.78% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.83% annual return
$28,241.77 $32,467.01 $32,565.33
Est. savings over 30 yrs +$4,225.24 +$4,323.56
Return
As of 11/30/16
1 YR RETURN 3.41%
3 YR 3.55%
5 YR 9.78%
10 YR 5.42%
1 YR RETURN 4.34%
3 YR 4.59%
5 YR 10.43%
10 YR 5.75%
1 YR RETURN 9.39%
3 YR 7.67%
5 YR 11.36%
10 YR 5.43%
Description
The investment seeks long-term growth of capital and, secondarily, current income. The fund is a "fund of funds," meaning that it seeks to achieve its investment objective by investing primarily in other MainStay Funds (the "underlying funds"). It seeks to achieve its investment objective by normally investing approximately 80% (within a range of 70% to 90%) of its assets in underlying equity funds, and approximately 20% (within a range of 10% to 30%) of its assets in underlying fixed-income funds. The underlying equity funds may consist of approximately 20% (within a range of 10% to 30%) of international equity funds.
The investment seeks the highest total return over time consistent with a primary emphasis on capital growth and a secondary emphasis on income. The fund invests in a diversified portfolio typically consisting of approximately 80% stocks; 16% bonds, money market securities, and cash reserves; and 4% alternative investments, including through hedge funds. Under normal conditions, its allocation to the broad asset classes will be within the following ranges: stocks (70-90%), bonds and money markets (5-25%), and alternative investments (0-10%).
The investment seeks reasonable income; it also considers the potential for capital appreciation. The fund normally invests at least 80% of assets in equity securities. It uses a neutral mix of approximately 50% common stocks, 15% REITs and other real estate related investments, 15% convertible securities, and 20% preferred stocks. The fund invests the fund's assets with a focus on equity securities that pay current dividends and show potential for capital appreciation, which tends to lead to investments in "value" stocks in the common stock category. It invests in domestic and foreign issuers.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

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