Mainstay Icap Select Equity I (icslx)
Last Updated by WikiWealth | Update This Page Now
Asset Allocation (% of Port)
Geographic Allocation (% of Port)
Australia + Pacific Islands
Fund Management Survey
Fund Management Team
Fund Description Update
Mainstay Icap Select Equity I (ICSLX) Description: ICSLX is a mutual fund, which is an investment that owns a basket of assets. The ICSLX mutual fund was provided by Mainstay and this investment vehicle derives the majority of its value from equity holdings (stocks). Mainstays mutual fund has a long management tenure and is in the large fund size classification. ICSLXs minimum initial investment amount is $5000000 while the IRA minimum is $5000000. ICSLXs expense ratio is roughly 1%. The latest ICSLXs front end load was 0% and the back end load was 0%. The Mainstay Icap Select Equity I (ICSLX) mutual fund falls under the large-cap value category. ICSLX focuses its investments in USA and ICSLX is not affiliated with a particular industry or fund sector. The Mainstay Icap Select Equity I (ICSLX) mutual fund is not a leveraged fund and it does not have inverse fund properties. An investor can find ICSLXs top holdings, fundamental analysis, ratings, and fund risk (volatility) on the left side of the screen. The right side of ICSLXs research report features technical analysis and long term investment potential.
This investment vehicle seeks current income and preservation of capital. The fund invests only in common stocks (see stock research), including foreign stocks (see stock research). Investment decisions are made in accordance with Islamic principles. It diversifies its investments across industries and companies, and generally follows a value investment style. The fund purchases only dividend-paying companies, which are expected to have more stable stock prices and tend to be larger companies.