Mainstay Candriam Emerging Fund Quote
| MCYSX Fund | USD 10.36 0.05 0.48% |
Performance1 of 100
| Odds Of DistressLess than 22
|
Mainstay Candriam is trading at 10.36 as of the 22nd of November 2024; that is 0.48% down since the beginning of the trading day. The fund's open price was 10.41. Mainstay Candriam has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Mainstay Candriam Emerging are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities or equity-related securities issued by entities in, or tied economically to, emerging markets. These securities may be denominated in U.S. or non-U.S. currencies. More on Mainstay Candriam Emerging
Mainstay Mutual Fund Highlights
| Fund Concentration | MainStay Funds, Large Growth Funds, Diversified Emerging Mkts Funds, Diversified Emerging Mkts, MainStay (View all Sectors) |
| Update Date | 30th of September 2024 |
Mainstay Candriam Emerging [MCYSX] is traded in USA and was established 22nd of November 2024. Mainstay Candriam is listed under MainStay category by Fama And French industry classification. The fund is listed under Diversified Emerging Mkts category and is part of MainStay family. This fund now has accumulated 77.54 M in assets with no minimum investment requirementsMainstay Candriam is currently producing year-to-date (YTD) return of 11.39% with the current yeild of 0.01%, while the total return for the last 3 years was -6.43%.
Check Mainstay Candriam Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Mainstay Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Mainstay Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Mainstay Candriam Emerging Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Mainstay Candriam Emerging Mutual Fund Constituents
| INDA | iShares MSCI India | Etf | India Equity | |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary | |
| IFN | India Closed | Fund | Asset Management | |
| JD | JD Inc Adr | Stock | Consumer Discretionary | |
| PIN | Invesco India ETF | Etf | India Equity |
Mainstay Candriam Top Holders
| MGXRX | Mainstay Growth Allocation | Mutual Fund | Allocation--85%+ Equity | |
| MGXCX | Mainstay Growth Allocation | Mutual Fund | Allocation--85%+ Equity | |
| MGXBX | Mainstay Growth Allocation | Mutual Fund | Allocation--85%+ Equity | |
| MGXSX | Mainstay Equity Allocation | Mutual Fund | Allocation--85%+ Equity | |
| MGXIX | Mainstay Growth Allocation | Mutual Fund | Allocation--85%+ Equity | |
| MGXAX | Mainstay Growth Allocation | Mutual Fund | Allocation--85%+ Equity | |
| MGXNX | Mainstay Growth Allocation | Mutual Fund | Allocation--85%+ Equity | |
| MGDAX | Mainstay Moderate Growth | Mutual Fund | Allocation--70% to 85% Equity |
Mainstay Candriam Risk Profiles
| Mean Deviation | 0.6661 | |||
| Semi Deviation | 0.8263 | |||
| Standard Deviation | 0.864 | |||
| Variance | 0.7465 |
Mainstay Candriam Against Markets
Other Information on Investing in Mainstay Mutual Fund
Mainstay Candriam financial ratios help investors to determine whether Mainstay Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mainstay with respect to the benefits of owning Mainstay Candriam security.
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