Mainstay International Equity B (minex)
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 International Equity B (MINEX) Description: MINEX is a mutual fund, which is an investment that owns a basket of assets. The MINEX 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 small fund size classification. MINEXs minimum initial investment amount is $1000 while the IRA minimum is $1000. MINEXs expense ratio is roughly 2%. The latest MINEXs front end load was 0% and the back end load was 5%. The Mainstay International Equity B (MINEX) mutual fund falls under the foreign large-cap mixed category. MINEX focuses its investments in EU and Japan and MINEX is not affiliated with a particular industry or fund sector. The Mainstay International Equity B (MINEX) mutual fund is not a leveraged fund and it does not have inverse fund properties. An investor can find MINEXs top holdings, fundamental analysis, ratings, and fund risk (volatility) on the left side of the screen. The right side of MINEXs research report features technical analysis and long term investment potential.
This investment vehicle seeks long-term growth of capital; current income is a secondary consideration. The fund normally invests at least 80% of assets in equity securities (see equity research) of issuers, wherever organized, who do business mainly outside the United States. It invests in a variety of countries, with a minimum of five countries other than the United States, including countries with established economies as well as emerging-market countries. The funds stock selection process favors well-established companies with stable earnings and below-average debt.