
MainStay ICAP (Institutional class) funds that I've had for many years (bought without loads): Mainstay ICAP Equity Fund ICAEX Mainstay ICAP Select Equity ICSLX Mainstay ICAP Large Cap Growth MLAIX Mainstay ICAP International Fund ICEUX Combined, they
boasts a talented manager in Rob Lyon, who for this offering culls his 20 or so best ideas from the more diffuse ICAP Equity ICAEX . In a period in which many fund managers note that they're spying their best ideas overseas, we like that Lyon and his team
The fund is concentrated in its top holdings and favorite sectors, making it rife with stock-specific and sector risk.The fund has been tax-efficient so far, but that could change given its fast-trading style.Stiff competition from more-focused sibling and MainStay ICAP Select Equity ICSLX.Solid
Solid execution continues to push this mutual fund ahead.
ICAP were brought in to run the other half of this fund's assets in the style of their other charge, MainStay ICAP Equity ICAEX . They also gravitate toward firms exhibiting such catalysts, and they give each holding 12 to 18 months to show improvements
The fund is concentrated in its top holdings and favorite sectors, making it rife with stock-specific and sector risk.The fund has been tax-efficient so far, but that could change given its fast-trading style.Stiff competition from more-focused sibling and Analyst Pick MainStay ICAP Select Equity
Manager Large-Cap Value is no longer a standout. Prior to November 2007, this fund was a virtual clone of MainStay ICAP Equity ICAEX . That fund and sibling and Analyst Pick Mainstay ICAP Select Equity ICSLX own solid records and employed a concentrated relative
returns than their more-diversified siblings, even though the funds ostensibly use the same strategy. Look at ICAP Equity ICAEX and ICAP Select Equity ICSLX, for instance. The former has lagged the latter by more than 2 percentage points annually for
boasts a talented manager in Rob Lyon, who for this offering culls his 20 or so best ideas from the more diffuse ICAP Equity ICAEX . In a period in which many fund managers note that they're spying their best ideas overseas, we like that Lyon and his team
portfolio of just 20 to 30 names. This relative-value fund has been a standout for five years running, and sibling ICAP Equity ICAEX has put up solid returns for nine years. Fidelity Dividend Growth FDGFX This is one of those concentrated funds with big tails