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MGDIX MainStay Moderate Growth Allocation I

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Fund MGDIX MainStay Moderate Growth Allocation I FSDIX Fidelity® Strategic Dividend & Income® DGIFX Disciplined Growth Investors  
Similarity
?
100% 87% 85%
Annual Fees
?
$130.89
(1.25% Exp. Ratio)
$81.68
(0.78% Exp. Ratio)
$81.68
(0.78% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.71% annual return
$27,287.08 $31,464.48 $31,464.48
Est. savings over 30 yrs +$4,177.40 +$4,177.40
Return
As of 12/31/16
1 YR RETURN 7.64%
3 YR 3.39%
5 YR 10.00%
10 YR 5.40%
1 YR RETURN 12.73%
3 YR 8.08%
5 YR 11.28%
10 YR 5.69%
1 YR RETURN 13.12%
3 YR 6.32%
5 YR 11.37%
10 YR --
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 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.
The investment seeks long-term capital growth, and as a secondary objective, modest income with reasonable risk. The fund normally invests approximately 60% of its assets in equity securities and approximately 40% in fixed-income securities and cash equivalents. The fund's fixed-income securities will generally have weighted average maturity of five to 10 years. The adviser seeks to generally invest in mid-sized companies with market capitalizations at the time of purchase greater than $1 billion and less than $10 billion. It may invest in both investment-grade and below investment-grade securities.

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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.

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Similarity

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