Remember the hype surrounding 130/30 funds a few years back? Well, some have gone the way of the dinosaur and some just simply changed their name a la the MainStay 130/30 Core Fund.
At a meeting held on earlier this month, the fund’s Board of Trustees approved changing the name of the fund to MainStay U.S. Equity Opportunities Fund, effective February 28, 2013, according to a Securities and Exchange Commission
The 3-Star rated, $473 million fund was launched in June 2007 during the
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