0001144204-12-055694.txt : 20121011 0001144204-12-055694.hdr.sgml : 20121011 20121011152430 ACCESSION NUMBER: 0001144204-12-055694 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20121011 DATE AS OF CHANGE: 20121011 EFFECTIVENESS DATE: 20121011 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAINSTAY FUNDS TRUST CENTRAL INDEX KEY: 0001469192 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 333-160918 FILM NUMBER: 121139936 BUSINESS ADDRESS: STREET 1: 51 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 212 576 7000 MAIL ADDRESS: STREET 1: 51 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAINSTAY FUNDS TRUST CENTRAL INDEX KEY: 0001469192 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-22321 FILM NUMBER: 121139937 BUSINESS ADDRESS: STREET 1: 51 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 212 576 7000 MAIL ADDRESS: STREET 1: 51 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 0001469192 S000038282 MainStay Marketfield Fund C000118167 Class I C000120997 Class A C000120998 Class C C000120999 Class R2 C000121000 Investor Class 485BPOS 1 v753041_485bpos.htm AMENDED REGISTRATION STATEMENT

 

AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON OCTOBER 11, 2012

 

  FILE NO.  333-160918

  FILE NO.  811-22321

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM N-1A

 

REGISTRATION STATEMENT

UNDER THE SECURITIES ACT OF 1933  [X]

 

Post-Effective Amendment No.  34

 

AND

 

REGISTRATION STATEMENT

UNDER THE INVESTMENT COMPANY ACT OF 1940  [X]

 

 

Amendment No.  36

 

MAINSTAY FUNDS TRUST

(exact name of registrant as specified in charter)

 

51 MADISON AVENUE, NEW YORK, NEW YORK 10010

(address of principal executive office)

 

REGISTRANT'S TELEPHONE NUMBER: (212) 576-7000

 

J. Kevin Gao, Esq.

MainStay Funds Trust

169 Lackawanna Avenue

Parsippany, NJ 07054

Copy to:

Sander M. Bieber, Esq.

Dechert LLP

1775 I Street, NW

Washington, DC 20006

 

(NAME AND ADDRESS OF AGENT FOR SERVICE)

 

It is proposed that this filing will become effective

 

x Immediately upon filing pursuant to paragraph (b) of Rule 485
o on ________ pursuant to paragraph (b)(1) of Rule 485
o 60 days after filing pursuant to paragraph (a)(1) of Rule 485
o on ________, pursuant to paragraph (a)(1) of Rule 485
o 75 days after filing pursuant to paragraph (a)(2) of Rule 485
o on  ________  pursuant to paragraph (a)(2) of Rule 485

 

If appropriate, check the following box:

o This Post-Effective Amendment designates a new effective date for a previously filed post-effective amendment
 
 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act and that it has duly caused this Post-Effective Amendment No. 34 to its Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Parsippany in the State of New Jersey, on the 11th day of October, 2012.

 

  MAINSTAY FUNDS TRUST
     
  By: /s/ Stephen P. Fisher
    Stephen P. Fisher
    President and Principal Executive Officer

 

Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment No. 34 to the Registration Statement has been signed below by the following persons in the capacities indicated on October 11, 2012.

 

SIGNATURE   TITLE
     
/s/ Stephen P. Fisher   President and Principal Executive Officer
Stephen P. Fisher    
     
/s/ Susan B. Kerley*   Trustee and Chairman of the Board
Susan B. Kerley    
     
/s/ John Y. Kim*   Trustee
John Y. Kim    
     
/s/ Alan R. Latshaw*   Trustee
Alan R. Latshaw    
     
/s/ Peter Meenan*   Trustee
Peter Meenan    
     
/s/ Richard H. Nolan, Jr.*   Trustee
Richard H. Nolan, Jr.    
     
/s/ Richard S. Trutanic*   Trustee
Richard S. Trutanic    
     
/s/ Roman L. Weil*   Trustee
Roman L. Weil    
     
/s/ John A. Weisser*   Trustee
John A. Weisser    
     
/s/ Jack R. Benintende   Treasurer and Principal Financial
Jack R. Benintende   and Accounting Officer
     
*By: /s/ J. Kevin Gao    
        J. Kevin Gao    
        As Attorney-in-Fact    

 

*    PURSUANT TO POWERS OF ATTORNEY PREVIOUSLY FILED

 

 
 

 

EXHIBIT INDEX

 

EX-101.INS XBRL Instance Document
EX-101.SCH XBRL Taxonomy Extension Schema Document
EX-101.CAL XBRL Taxonomy Extension Calculation Linkbase
EX-101.DEF XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE XBRL Taxonomy Extension Presentation Linkbase

 

 

 

 

EX-101.INS 2 ck0001469192-20121231.xml XBRL INSTANCE DOCUMENT 485BPOS 2012-12-31 0001469192 2012-09-27 MAINSTAY FUNDS TRUST false 2012-09-27 2012-10-05 <tt>The Fund pays transaction costs, such as commissions, when it buys and sells<br />securities (or "turns over" its portfolio). A higher portfolio turnover may<br />indicate higher transaction costs and may result in higher taxes when Fund<br />shares are held in a taxable account. These costs, which are not reflected in<br />annual fund operating expenses or in the Example, affect the Fund's performance.<br />During the most recent fiscal year, the Fund's portfolio turnover rate was<br />138.22% of the average value of its portfolio.</tt> <div style="display:none">~ http://www.ProxyEdge.com/role/ExpenseExample_S000038282Member column primary compact * row dei_LegalEntityAxis compact * row rr_ProspectusShareClassAxis compact * ~</div> <div style="display:none">~ http://www.ProxyEdge.com/role/BarChartData_S000038282Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>The Fund seeks capital appreciation.</tt> <tt>The Example is intended to help you compare the cost of investing in the Fund<br />with the cost of investing in other mutual funds. The Example assumes that you<br />invest $10,000 in the Fund for the time periods indicated and then redeem all <br />of your shares at the end of those periods (except as indicated with respect to<br />Class C shares). The Example also assumes that your investment has a 5% return<br />each year and that the Fund's operating expenses remain the same.</tt> reflects no deductions for fees, expenses, or taxes <tt>To achieve the Fund's investment objective, Marketfield Asset Management LLC,<br />the Fund's Subadvisor, will allocate the Fund's assets among investments in<br />equity securities, fixed-income securities and other investment companies,<br />including exchange traded funds ("ETFs"), in proportions consistent with the<br />Subadvisor's evaluation of their expected risks and returns.<br /> <br />The Fund's equity securities investments may include common and preferred stocks<br />of United States companies of any size. The Fund may invest up to 50% of its net<br />assets in equity securities of foreign companies of any size, including up to<br />35% of its net assets in securities issued by corporations or governments<br />located in developing or emerging markets. The Fund's investments in foreign<br />securities may include, but are not limited to, American Depositary Receipts<br />("ADRs"), European Depositary Receipts ("EDRs") and Global Depositary Receipts<br />("GDRs"). Also, with respect to 50% of the Fund's net assets, the Fund may engage <br />in short sales of securities to profit from an anticipated decline in the price <br />of the securities sold short.<br /> <br />Under normal market conditions, the Fund's investments in fixed-income securities <br />consist of investment grade corporate bonds and debentures, mortgage-backed and <br />asset-backed securities, United States Treasury obligations, municipal securities, <br />obligations issued by the U.S. Government and its agencies or instrumentalities <br />and convertible securities. However, the Fund may invest up to 30% of its net <br />assets in fixed income securities that are below investment grade. Below <br />investment grade securities are generally securities that receive low ratings <br />from independent rating agencies, such as rated lower than BBB- by Standard <br />&amp; Poor's ("S&amp;P") and Baa3 by Moody's Investor Service, Inc. ("Moody's"), or <br />if unrated, are determined to be of equivalent quality by the Subadvisor. If <br />independent rating agencies assign different ratings to the same security, <br />the Fund will use the higher rating for purposes of determining the security's <br />credit quality. Securities that are rated below investment grade by independent <br />rating agencies are commonly referred to as "high yield debt" or "junk bonds.<br />" The fixed-income securities in which the Fund invests may have maturities of <br />any length and may have variable and floating interest rates. The Fund may also <br />invest in zero-coupon bonds, without limitation.<br /> <br />In addition, the Fund may invest up to 50% of its net assets in equity or<br />fixed-income options, futures contracts and convertible securities and may<br />invest up to 30% of its net assets in swap agreements. The Subadvisor shall<br />manage the Fund so that the Fund will not be deemed to be a "commodity pool<br />operator" under the Commodity Exchange Act.<br /> <br />Investment Process. When reviewing investment opportunities for the Fund, <br />the Subadvisor considers various factors, including macroeconomic conditions,<br />corporate earnings at a macroeconomic level, anticipated inflation and interest<br />rates, consumer risk and its perception of the outlook of the capital markets as<br />a whole. A macroeconomic strategy focuses on broad trends and is generally<br />distinguished from a strategy that focuses on the prospects of particular companies <br />or issuers. The Subadvisor may allocate the Fund's investments between equity and <br />fixed-income securities at its discretion, without limitation.<br /> <br />Security selection for the Fund is driven by the Subadvisor's top-down analysis<br />of economic issues, the Subadvisor's perception of investor sentiment and<br />investment flows. Once the Subadvisor has identified a theme that is expected <br />to either benefit or disadvantage a specific sector or country, it seeks to<br />implement an investment strategy that is appropriate for the Fund. In some<br />cases, the Subadvisor may utilize a sector- or country-specific ETF that offers<br />exposure to a broad range of securities. In other situations, the Subadvisor may<br />select a single issue that is perceived by the Subadvisor to be particularly<br />germane to a specific concern or a small group of issues with characteristics<br />that match the goal of creating portfolio exposure to a macroeconomic theme.<br /> <br />The Subadvisor may sell a security if it no longer believes the security will<br />contribute to meeting the investment objective of the Fund or when the security<br />is deemed less attractive relative to another security on a return/risk basis.<br />The Subadvisor may also sell or reduce a position in a security if it sees the<br />investment theme failing to materialize.</tt> MainStay Marketfield Fund You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the MainStay Funds. Example After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Investment Objective Past performance of Marketfield Fund (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Before considering an investment in the Fund, you should understand that you could lose money. Principal Risks Shareholder Fees (fees paid directly from your investment) Although your actual costs may be higher or lower, based on these assumptions your costs would be: In some cases, the return after taxes may exceed the return before taxes due to an assumed tax benefit from any losses on a sale of shares at the end of the measurement period. 1.3822 Actual after-tax returns depend on your tax situation and may differ from those shown. After-tax returns are not relevant if you hold your shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. Annual Returns, Class I Shares (by calendar year 2008-2011) Sales loads are not reflected in the bar chart. If they were, returns would be less than those shown. Past Performance 50000 <tt>After-tax returns are calculated using the historical highest individual federal<br />marginal income tax rates and do not reflect the impact of state and local taxes. <br />In some cases, the return after taxes may exceed the return before taxes due to <br />an assumed tax benefit from any losses on a sale of shares at the end of the <br />measurement period. Actual after-tax returns depend on your tax situation and <br />may differ from those shown. After-tax returns are not relevant if you hold<br />your shares through tax-deferred arrangements, such as 401(k) plans or individual <br />retirement accounts. After-tax returns shown are for Class I shares. After-tax <br />returns for the other share classes may vary.</tt> The following bar chart and tables indicate some of the risks of investing in the Fund. <tt>Best Quarter&#xA0;&#xA0;&#xA0;&#xA0;<br />2Q/09&#xA0;&#xA0;&#xA0;&#xA0;15.89%<br />Worst Quarter&#xA0;&#xA0;&#xA0;<br />4Q/08&#xA0;&#xA0;&#xA0;-13.05% <br /> <br />As of June 30, 2012, the Class I shares of the Fund had a year-to-date return of<br />8.77%.</tt> Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Average Annual Total Returns (for the periods ended December 31, 2011) <tt>The bar chart shows you how the Fund's calendar year performance has varied <br />over the life of the Fund. Sales loads are not reflected in the bar chart. <br />If they were, returns would be less than those shown.</tt> Portfolio Turnover <tt>Loss of Money Risk: Before considering an investment in the Fund, you should<br />understand that you could lose money.<br /> <br />Market Changes Risk: The value of the Fund's investments may change because of<br />broad changes in the markets in which the Fund invests, which could cause the<br />Fund to underperform other funds with similar objectives. From time to time,<br />markets may experience periods of acute stress that may result in increased<br />volatility. Such market conditions tend to add significantly to the risk of<br />short-term volatility in the net asset value of the Fund's shares.<br /> <br />Management Risk: The investment strategies, practices and risk analysis used by<br />the Fund's Subadvisor may not produce the desired results.<br /> <br />Equity Securities Risk: Investments in common stocks and other equity securities<br />are particularly subject to the risk of changing economic, stock market, industry <br />and company conditions and the risks inherent in the portfolio manager's ability <br />to anticipate such changes that can adversely affect the value of the Fund's <br />holdings. Opportunity for greater gain often comes with greater risk of loss.<br /> <br />Convertible Securities Risk: Convertible securities may be subordinate to other<br />securities. In part, the total return for a convertible security depends upon<br />performance of the underlying stock into which it can be converted. Also, issuers <br />of convertible securities are often not as strong financially as those issuing <br />securities with higher credit ratings, are more likely to encounter financial <br />difficulties and typically are more vulnerable to changes in the economy, such <br />as a recession or a sustained period of rising interest rates, which could affect <br />their ability to make interest and principal payments. If an issuer stops making <br />interest and/or principal payments, the Fund could lose its entire investment.<br /><br />Foreign Securities Risk: Investments in foreign securities may be riskier than<br />investments in U.S. securities. Differences between U.S. and foreign regulatory<br />regimes and securities markets, including less stringent investor protections<br />and disclosure standards of some foreign markets, less liquid trading markets,<br />as well as political and economic developments in foreign countries, may affect<br />the value of the Fund's investments in foreign securities. Foreign securities<br />may also subject the Fund's investments to changes in currency rates.<br /> <br />Emerging Markets Risk: The risks related to investing in foreign securities <br />are generally greater with respect to securities of companies that conduct <br />their business activities in emerging markets or whose securities are traded<br />principally in emerging markets. The risks of investing in emerging markets<br />include the risks of illiquidity, increased price volatility, smaller market<br />capitalizations, less government regulation, less extensive and less frequent<br />accounting, financial and other reporting requirements, risk of loss resulting<br />from problems in share registration and custody, substantial economic and<br />political disruptions and the nationalization of foreign deposits or assets.<br /> <br />Mid-Cap Stock Risk: Stocks of mid-cap companies may be subject to greater price<br />volatility, significantly lower trading volumes, cyclical, static or moderate<br />growth prospects and greater spreads between their bid and ask prices than<br />stocks of larger companies. Because these businesses frequently rely on narrower<br />product lines and niche markets, they can suffer isolated setbacks.<br /> <br />Small-Cap Stock Risk: Stocks of small capitalization companies may be subject to<br />greater price volatility, significantly lower trading volumes, cyclical, static<br />or moderate growth prospects, and greater spreads between bid and ask prices<br />than stocks of larger companies. Small-capitalization companies may be more<br />vulnerable to adverse business or market developments.<br /> <br />Short Selling Risk: If a security sold short increases in price, the Fund may<br />have to cover its short position at a higher price than the short sale price,<br />resulting in a loss. The Fund may have substantial short positions and must<br />borrow those securities to make delivery to the buyer. The Fund may not be <br />able to borrow a security that it needs to deliver or it may not be able to <br />close out a short position at an acceptable price and may have to sell related <br />long positions before it had intended to do so. Thus, the Fund may not be able <br />to successfully implement its short sale strategy due to limited availability of<br />desired securities or for other reasons.<br /> <br />The Fund also may be required to pay a premium and other transaction costs, which <br />would increase the cost of the security sold short. The amount of any gain will <br />be decreased, and the amount of any loss increased, by the amount of the premium, <br />dividends, interest or expenses the Fund may be required to pay in connection with <br />the short sale.<br /> <br />Until the Fund replaces a borrowed security, it is required to maintain a<br />segregated account of cash or liquid assets with the Fund's custodian to cover<br />the Fund's short position. Generally, securities held in a segregated account<br />cannot be sold unless they are replaced with other liquid assets. The Fund's<br />ability to access the pledged collateral may also be impaired in the event the<br />broker fails to comply with the terms of the contract. In such instances the<br />Fund may not be able to substitute or sell the pledged collateral. Additionally,<br />the Fund must maintain sufficient liquid assets (less any additional collateral<br />pledged to the broker), marked-to-market daily, to cover the short sale obligations. <br />This may limit the Fund's investment flexibility, as well as its ability to meet <br />redemption requests or other current obligations.<br /> <br />Because losses on short sales arise from increases in the value of the security<br />sold short, such losses are theoretically unlimited. By contrast, a loss on a<br />long position arises from decreases in the value of the security and is limited<br />by the fact that a security's value cannot go below zero.<br /> <br />By investing the proceeds received from selling securities short, the Fund could<br />be deemed to be employing a form of leverage, which creates special risks. The<br />use of leverage may increase the Fund's exposure to long positions and make any<br />change in the Fund's net asset value greater than it would be without the use <br />of leverage. This could result in increased volatility of returns. There is no<br />guarantee that the Fund will leverage its portfolio, or if it does, that the<br />Fund's leveraging strategy will be successful or that it will produce a higher<br />return on an investment.<br /> <br />Regulatory authorities in the U.S. or other countries may prohibit or restrict<br />the ability of the Fund to fully implement its short-selling strategy, either<br />generally or with respect to certain industries or countries, which may impact<br />the Fund's ability to fully implement its investment strategies.<br /> <br />Depositary Receipts Risk: Investments in depositary receipts may entail the<br />special risks of foreign investing, including currency exchange fluctuations,<br />government regulations, and the potential for political and economic<br />instability.<br /> <br />Debt Securities Risk: The risks of investing in debt securities include (without<br />limitation): (i) credit risk, i.e., the issuer may not repay the loan created by<br />the issuance of that debt security; (ii) maturity risk, i.e., a debt security<br />with a longer maturity may fluctuate in value more than one with a shorter<br />maturity; (iii) market risk, i.e., low demand of debt securities may negatively<br />impact their price; (iv) interest rate risk, i.e., when interest rates go up,<br />the value of a debt security goes down, and when interest rates go down, the<br />value of a debt security goes up; (v) selection risk, i.e., the securities<br />selected by the Subadvisor may underperform the market or other securities<br />selected by other funds; and (vi) call risk, i.e., during a period of falling<br />interest rates, the issuer may redeem a security by repaying it early, which <br />may reduce the Fund's income, if the proceeds are reinvested at lower interest<br />rates.<br /> <br />Additional risks associated with an investment in the Fund include the<br />following: (i) not all U.S. government securities are insured or guaranteed by<br />the U.S. government--some are backed only by the issuing agency, which must rely<br />on its own resources to repay the debt; and (ii) the Fund's yield will fluctuate<br />with changes in short-term interest rates.<br /> <br />High-Yield Securities Risk: Investments in high-yield securities (commonly<br />referred to as "junk bonds") are sometimes considered speculative because they<br />present a greater risk of loss than higher quality securities. Such securities<br />may, under certain circumstances, be less liquid than higher rated securities.<br />These securities pay investors a premium (a high interest rate or yield) because<br />of the increased risk of loss. These securities can also be subject to greater <br />price volatility. In times of unusual or adverse market, economic or political <br />conditions, these securities may experience higher than normal default rates.<br /> <br />Floaters and Variable Rate Notes Risk: Floaters and variable rate notes provide<br />for a periodic adjustment in the interest rate paid on the securities. The rate<br />adjustment intervals may be regular and range from daily up to annually, or may<br />be based on an event, such as a change in the prime rate. Floating and variable<br />rate notes may be subject to greater liquidity risk than other debt securities,<br />meaning that there may be limitations on the Fund's ability to sell the<br />securities at any given time. Securities with floating interest rates generally<br />are less sensitive to interest rate changes, but may decline in value if their<br />interest rates do not rise as much or as fast as interest rates in general. Such<br />securities also may lose value.<br /> <br />Other Investment Companies Risk: The Fund may invest in other investment<br />companies, including open-end funds, closed-end funds, and ETFs.<br /> <br />The Fund may purchase the securities of another investment company to temporarily <br />gain exposure to a portion of the market while awaiting purchase of securities or <br />as an efficient means of gaining exposure to a particular asset class. The Fund <br />might also purchase shares of another investment company to gain exposure to the <br />securities in the investment company's portfolio at times when the Fund may not <br />be able to buy those securities directly. Any investment in another investment <br />company would be consistent with the Fund's objective and investment program.<br /> <br />The risks of owning another investment company are generally similar to the<br />risks of investment directly in the securities in which that investment company<br />invests. However, an investment company may not achieve its investment objective<br />or execute its investment strategy effectively, which may adversely affect the<br />Fund's performance. In addition, because closed-end funds and ETFs trade on a<br />secondary market, their shares may trade at a premium or discount to the actual<br />net asset value of their portfolio securities and their shares may have greater<br />volatility because of the potential lack of liquidity.<br /> <br />Exchange Traded Fund Risk: The risks of owning an ETF generally reflect the risks<br />of owning the underlying securities they are designed to track, although lack of<br />liquidity in an ETF could result in it being more volatile than the underlying<br />portfolio of securities. Disruptions in the markets for the securities underlying <br />ETFs purchased or sold by the Fund could result in losses on the Fund's investment <br />in ETFs. ETFs also have management fees that increase their costs versus the costs <br />of owning the underlying securities directly.<br /> <br />Zero Coupon Bond Risk: Because zero-coupon securities bear no interest and<br />compound semi-annually at the rate fixed at the time of issuance, their value<br />generally is more volatile than the value of other fixed income securities. An<br />investment in zero-coupon and delayed interest securities may cause the Fund to<br />recognize income, and therefore the Fund may be required to make distributions<br />to shareholders before the Fund receives any cash payments on its investment.<br /> <br />Mortgage-Backed/Asset-Backed Securities Risk: Prepayment risk is associated <br />with mortgage-backed and asset-backed securities. If interest rates fall, the<br />underlying debt may be repaid ahead of schedule, reducing the value of the<br />Fund's investments. If interest rates rise, there may be fewer prepayments,<br />which would cause the average bond maturity to rise, increasing the potential<br />for the Fund to lose money. The value of these securities may be significantly<br />affected by changes in interest rates, the market's perception of issuers, and<br />the creditworthiness of the parties involved. The ability of the Fund to<br />successfully utilize these instruments may depend on the ability of the<br />Subadvisor to forecast interest rates and other economic factors correctly.<br />These securities may have a structure that makes their reaction to interest <br />rate changes and other factors difficult to predict, making their value highly<br />volatile.<br /> <br />Municipal Bond Risk: Municipal bond risks include the ability of the issuer to<br />repay the obligation, the relative lack of information about certain issuers,<br />and the possibility of future tax and legislative changes, which could affect<br />the market for and value of municipal securities. Municipalities continue to<br />experience economic and financial difficulties in the current economic<br />environment. The ability of a municipal issuer to make payments and the value <br />of municipal bonds can be affected by uncertainties in the municipal securities<br />market. Such uncertainties could cause increased volatility in the municipal<br />securities market and could negatively impact the Fund's net asset value.<br /> <br />Derivatives Risk: Derivatives are investments whose value depends on (or is<br />derived from) the value of an underlying instrument, such as a security, asset,<br />reference rate or index. Derivative strategies often involve leverage, which <br />may exaggerate a loss, potentially causing the Fund to lose more money than it <br />would have lost had it invested in the underlying instrument. Derivatives may <br />be difficult to sell, unwind or value. Derivatives may also be subject to<br />counterparty risk, which is the risk that the counterparty (the party on the<br />other side of the transaction) on a derivative transaction will be unable to<br />honor its contractual obligations to the Fund. Swap transactions tend to shift<br />the Fund's investment exposure from one type of investment to another, and<br />therefore entail the risk that a party will default on its payment obligations<br />to the Fund.<br /> <br />Futures may be more volatile than direct investments in the instrument<br />underlying the futures, and may not correlate perfectly to the underlying<br />instrument. Futures also may involve a small initial investment relative to the<br />risk assumed, which could result in losses greater than if they had not been<br />used. Due to fluctuations in the price of the underlying security, the Fund may<br />not be able to profitably exercise an option and may lose its entire investment<br />in an option. Forward commitments entail the risk that the instrument may be<br />worth less when it is issued or received than the price the Fund agreed to pay<br />when it made the commitment. The use of foreign currency forwards may result in<br />currency exchange losses due to fluctuations in currency exchange rates or an<br />imperfect correlation between portfolio holdings denominated in a particular<br />currency and the forward contracts entered into by the Fund.<br /><br />Tax Risk: The Fund's investments and investment strategies, including<br />transactions in options and futures contracts, may be subject to special and<br />complex federal income tax provisions, the effect of which may be, among other<br />things: (1) to disallow, suspend, defer or otherwise limit the allowance of<br />certain losses or deductions; (2) to accelerate income to the Fund; (3) to<br />convert long-term capital gain, which is currently subject to lower tax rates,<br />into short-term capital gain or ordinary income, which are currently subject to<br />higher tax rates; (4) to convert an ordinary loss or a deduction into a capital<br />loss (the deductibility of which is more limited); (5) to treat dividends that<br />would otherwise constitute qualified dividend income as non-qualified dividend<br />income; (6) to produce income that will not qualify as good income under the<br />gross income requirements that must be met for the Fund to qualify as a<br />regulated investment company (a "RIC") under Subchapter M of the Internal<br />Revenue Code of 1986, as amended (the "Code"). Furthermore, to the extent that<br />any futures contract or option on a futures contract held by the Fund is a<br />"section 1256 contract" under Section 1256 of the Code, the contract will be<br />marked to market annually, and any gain or loss will be treated as 60% long-term<br />and 40% short-term, regardless of the holding period for such contract. Section<br />1256 contracts include Fund transactions involving call options on a broad-based<br />securities index, certain futures contracts and other financial contracts.</tt> Fees and Expenses of the Fund After-tax returns shown are for Class I shares. After-tax returns for the other share classes may vary. Principal Investment Strategies mainstayinvestments.com <tt>The following bar chart and tables indicate some of the risks of investing in<br />the Fund. The bar chart shows you how the Fund's calendar year performance has<br />varied over the life of the Fund. Sales loads are not reflected in the bar<br />chart. If they were, returns would be less than those shown. The average annual<br />total returns table shows how the Fund's average annual total returns (before<br />and after taxes) for the one-year period and life of the Fund compare to those<br />of a broad-based securities market index. The Fund has selected the S&amp;P 500&#xAE;Index <br />as its primary benchmark. The S&amp;P 500&#xAE; Index is widely regarded as the standard <br />index for measuring large-cap U.S. stock market performance.<br /> <br />The performance figures for Class I shares reflect the historical performance of<br />the then-existing shares of Marketfield Fund (the predecessor to the Fund, which<br />was subject to a different fee structure, and for which a predecessor entity to<br />Marketfield Asset Management LLC served as investment advisor) for periods prior<br />to October 5, 2012. Performance figures for all other share classes reflect the<br />historical performance of Class I shares and are adjusted to reflect differences<br />in fees and expenses. Performance data for the classes varies based on differences <br />in their fee and expense structures. The Fund commenced operations on July 31, 2007. <br />Unadjusted, the performance for the newer classes might have been different. Past <br />performance of Marketfield Fund (before and after taxes) is not necessarily an <br />indication of how the Fund will perform in the future. Please visit <br />mainstayinvestments.com for more recent performance information.</tt> <tt>The table below describes the fees and expenses that you may pay if you buy and<br />hold shares of the Fund. You may qualify for sales charge discounts if you and<br />your family invest, or agree to invest in the future, at least $50,000 in the<br />MainStay Funds. This amount may vary depending on the MainStay Fund in which you<br />invest. More information about these and other discounts is available from your<br />financial professional and in the "Information on Sales Charges" section starting <br />on page 23 of the Prospectus and in the "Alternative Sales Arrangements" section <br />on page 62 of the Statement of Additional Information.</tt> <div style="display:none">~ http://www.ProxyEdge.com/role/OperatingExpensesData_S000038282Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.ProxyEdge.com/role/PerformanceTableData_S000038282Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.ProxyEdge.com/role/ExpenseExampleNoRedemption_S000038282Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.ProxyEdge.com/role/ShareholderFeesData_S000038282Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> S&P 500® Index (reflects no deductions for fees, expenses, or taxes) 0.0211 -0.0109 Return After Taxes on Distributions and Sale of Fund Shares Class I 0.0240 0.0692 Return After Taxes on Distributions Class I 0.0370 0.0798 MFNDX 0.0550 Return Before Taxes Investor Class 0.0066 823 1387 3560 1976 0.0030 -0.0225 0.0117 0.0140 0.0021 0.0025 0.0286 0.0636 0.0004 0.0000 MFRDX 0.0000 Return Before Taxes Class R2 0.0066 283 868 3128 1479 0.0024 0.0334 0.0111 0.0140 0.0021 0.0025 0.0280 0.0762 0.0004 0.0000 MFCDX 0.0000 Return Before Taxes Class C 0.0066 464 364 1106 3871 1869 0.0030 0.0167 0.0117 0.0140 3871 1106 1869 0.0021 0.0100 0.0361 0.0693 0.0004 0.0100 MFADX 0.0550 Return Before Taxes Class A 0.0066 808 1342 3415 1901 0.0014 -0.0225 0.0101 0.0140 0.0021 0.0025 0.0270 0.0636 0.0004 0.0000 MFLDX Worst Quarter Best Quarter 0.0000 2012-06-30 Return Before Taxes Class I 0.0066 248 2009-06-30 764 -0.1305 0.1432 2786 1306 0.1589 0.0014 0.0370 0.0101 -0.1288 0.0140 2008-12-31 0.3108 year-to-date return 0.0021 0.0370 0.0000 0.0245 0.0800 0.0877 0.0004 0.0000 0001469192 ck0001469192:SummaryS000038282Memberck0001469192:S000038282Memberck0001469192:C000118167Member 2012-10-05 2012-10-05 0001469192 ck0001469192:SummaryS000038282Memberck0001469192:S000038282Memberck0001469192:C000120997Member 2012-10-05 2012-10-05 0001469192 ck0001469192:SummaryS000038282Memberck0001469192:S000038282Memberck0001469192:C000120998Member 2012-10-05 2012-10-05 0001469192 ck0001469192:SummaryS000038282Memberck0001469192:S000038282Memberck0001469192:C000120999Member 2012-10-05 2012-10-05 0001469192 ck0001469192:SummaryS000038282Memberck0001469192:S000038282Memberck0001469192:C000121000Member 2012-10-05 2012-10-05 0001469192 ck0001469192:SummaryS000038282Memberck0001469192:S000038282Memberrr:AfterTaxesOnDistributionsMemberck0001469192:C000118167Member 2012-10-05 2012-10-05 0001469192 ck0001469192:SummaryS000038282Memberck0001469192:S000038282Memberrr:AfterTaxesOnDistributionsAndSalesMemberck0001469192:C000118167Member 2012-10-05 2012-10-05 0001469192 ck0001469192:SummaryS000038282Memberck0001469192:S000038282Memberck0001469192:RRINDEX00001Member 2012-10-05 2012-10-05 0001469192 ck0001469192:SummaryS000038282Memberck0001469192:S000038282Member 2012-10-05 2012-10-05 0001469192 2012-10-05 2012-10-05 pure iso4217:USD A contingent deferred sales charge of 1.00% may be imposed on certain redemptions made within one year of the date of purchase on shares that were purchased without an initial sales charge. Effective October 5, 2012, New York Life Investment Management LLC ("New York Life Investments") has contractually agreed to waive fees and/or reimburse expenses so that Total Annual Fund Operating Expenses (excluding taxes, interest, litigation, extraordinary expenses, brokerage and other transaction expenses relating to the purchase or sale of portfolio investments, and acquired (underlying) fund fees and expenses) for Class I shares do not exceed 1.56% of its average daily net assets. This agreement will be in effect for a two-year period unless extended by New York Life Investments and approved by the Board of Trustees. EX-101.SCH 3 ck0001469192-20121231.xsd XBRL TAXONOMY EXTENSION SCHEMA 0011 - Document - Document And Entity Information {Elements} link:calculationLink link:presentationLink link:definitionLink 0112 - Document - Risk/Return Summary {Unlabeled} (MainStay Marketfield Fund) link:calculationLink link:presentationLink link:definitionLink 0113 - Schedule - Shareholder Fees link:calculationLink link:presentationLink link:definitionLink 0114 - Schedule - Annual Fund Operating Expenses link:calculationLink link:presentationLink link:definitionLink 0115 - Schedule - Expense Example {Transposed} link:calculationLink link:presentationLink link:definitionLink 0116 - Schedule - Expense Example, No Redemption {Transposed} link:calculationLink link:presentationLink link:definitionLink 0117 - Schedule - Annual Total Returns link:calculationLink link:presentationLink link:definitionLink 0118 - Schedule - Average Annual Total Returns {Transposed} link:calculationLink link:presentationLink link:definitionLink EX-101.CAL 4 ck0001469192-20121231_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 5 ck0001469192-20121231_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 6 ck0001469192-20121231_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE 7 ck0001469192-20121231_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 8 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 9 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
ProspectusDate rr_ProspectusDate Oct. 05, 2012
MainStay Marketfield Fund (Prospectus Summary) | MainStay Marketfield Fund
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading MainStay Marketfield Fund
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Fund seeks capital appreciation.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The table below describes the fees and expenses that you may pay if you buy and
hold shares of the Fund. You may qualify for sales charge discounts if you and
your family invest, or agree to invest in the future, at least $50,000 in the
MainStay Funds. This amount may vary depending on the MainStay Fund in which you
invest. More information about these and other discounts is available from your
financial professional and in the "Information on Sales Charges" section starting
on page 23 of the Prospectus and in the "Alternative Sales Arrangements" section
on page 62 of the Statement of Additional Information.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover may
indicate higher transaction costs and may result in higher taxes when Fund
shares are held in a taxable account. These costs, which are not reflected in
annual fund operating expenses or in the Example, affect the Fund's performance.
During the most recent fiscal year, the Fund's portfolio turnover rate was
138.22% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 138.22%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the MainStay Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock The Example is intended to help you compare the cost of investing in the Fund
with the cost of investing in other mutual funds. The Example assumes that you
invest $10,000 in the Fund for the time periods indicated and then redeem all
of your shares at the end of those periods (except as indicated with respect to
Class C shares). The Example also assumes that your investment has a 5% return
each year and that the Fund's operating expenses remain the same.
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock To achieve the Fund's investment objective, Marketfield Asset Management LLC,
the Fund's Subadvisor, will allocate the Fund's assets among investments in
equity securities, fixed-income securities and other investment companies,
including exchange traded funds ("ETFs"), in proportions consistent with the
Subadvisor's evaluation of their expected risks and returns.

The Fund's equity securities investments may include common and preferred stocks
of United States companies of any size. The Fund may invest up to 50% of its net
assets in equity securities of foreign companies of any size, including up to
35% of its net assets in securities issued by corporations or governments
located in developing or emerging markets. The Fund's investments in foreign
securities may include, but are not limited to, American Depositary Receipts
("ADRs"), European Depositary Receipts ("EDRs") and Global Depositary Receipts
("GDRs"). Also, with respect to 50% of the Fund's net assets, the Fund may engage
in short sales of securities to profit from an anticipated decline in the price
of the securities sold short.

Under normal market conditions, the Fund's investments in fixed-income securities
consist of investment grade corporate bonds and debentures, mortgage-backed and
asset-backed securities, United States Treasury obligations, municipal securities,
obligations issued by the U.S. Government and its agencies or instrumentalities
and convertible securities. However, the Fund may invest up to 30% of its net
assets in fixed income securities that are below investment grade. Below
investment grade securities are generally securities that receive low ratings
from independent rating agencies, such as rated lower than BBB- by Standard
& Poor's ("S&P") and Baa3 by Moody's Investor Service, Inc. ("Moody's"), or
if unrated, are determined to be of equivalent quality by the Subadvisor. If
independent rating agencies assign different ratings to the same security,
the Fund will use the higher rating for purposes of determining the security's
credit quality. Securities that are rated below investment grade by independent
rating agencies are commonly referred to as "high yield debt" or "junk bonds.
" The fixed-income securities in which the Fund invests may have maturities of
any length and may have variable and floating interest rates. The Fund may also
invest in zero-coupon bonds, without limitation.

In addition, the Fund may invest up to 50% of its net assets in equity or
fixed-income options, futures contracts and convertible securities and may
invest up to 30% of its net assets in swap agreements. The Subadvisor shall
manage the Fund so that the Fund will not be deemed to be a "commodity pool
operator" under the Commodity Exchange Act.

Investment Process. When reviewing investment opportunities for the Fund,
the Subadvisor considers various factors, including macroeconomic conditions,
corporate earnings at a macroeconomic level, anticipated inflation and interest
rates, consumer risk and its perception of the outlook of the capital markets as
a whole. A macroeconomic strategy focuses on broad trends and is generally
distinguished from a strategy that focuses on the prospects of particular companies
or issuers. The Subadvisor may allocate the Fund's investments between equity and
fixed-income securities at its discretion, without limitation.

Security selection for the Fund is driven by the Subadvisor's top-down analysis
of economic issues, the Subadvisor's perception of investor sentiment and
investment flows. Once the Subadvisor has identified a theme that is expected
to either benefit or disadvantage a specific sector or country, it seeks to
implement an investment strategy that is appropriate for the Fund. In some
cases, the Subadvisor may utilize a sector- or country-specific ETF that offers
exposure to a broad range of securities. In other situations, the Subadvisor may
select a single issue that is perceived by the Subadvisor to be particularly
germane to a specific concern or a small group of issues with characteristics
that match the goal of creating portfolio exposure to a macroeconomic theme.

The Subadvisor may sell a security if it no longer believes the security will
contribute to meeting the investment objective of the Fund or when the security
is deemed less attractive relative to another security on a return/risk basis.
The Subadvisor may also sell or reduce a position in a security if it sees the
investment theme failing to materialize.
Risk [Heading] rr_RiskHeading Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of Money Risk: Before considering an investment in the Fund, you should
understand that you could lose money.

Market Changes Risk: The value of the Fund's investments may change because of
broad changes in the markets in which the Fund invests, which could cause the
Fund to underperform other funds with similar objectives. From time to time,
markets may experience periods of acute stress that may result in increased
volatility. Such market conditions tend to add significantly to the risk of
short-term volatility in the net asset value of the Fund's shares.

Management Risk: The investment strategies, practices and risk analysis used by
the Fund's Subadvisor may not produce the desired results.

Equity Securities Risk: Investments in common stocks and other equity securities
are particularly subject to the risk of changing economic, stock market, industry
and company conditions and the risks inherent in the portfolio manager's ability
to anticipate such changes that can adversely affect the value of the Fund's
holdings. Opportunity for greater gain often comes with greater risk of loss.

Convertible Securities Risk: Convertible securities may be subordinate to other
securities. In part, the total return for a convertible security depends upon
performance of the underlying stock into which it can be converted. Also, issuers
of convertible securities are often not as strong financially as those issuing
securities with higher credit ratings, are more likely to encounter financial
difficulties and typically are more vulnerable to changes in the economy, such
as a recession or a sustained period of rising interest rates, which could affect
their ability to make interest and principal payments. If an issuer stops making
interest and/or principal payments, the Fund could lose its entire investment.

Foreign Securities Risk: Investments in foreign securities may be riskier than
investments in U.S. securities. Differences between U.S. and foreign regulatory
regimes and securities markets, including less stringent investor protections
and disclosure standards of some foreign markets, less liquid trading markets,
as well as political and economic developments in foreign countries, may affect
the value of the Fund's investments in foreign securities. Foreign securities
may also subject the Fund's investments to changes in currency rates.

Emerging Markets Risk: The risks related to investing in foreign securities
are generally greater with respect to securities of companies that conduct
their business activities in emerging markets or whose securities are traded
principally in emerging markets. The risks of investing in emerging markets
include the risks of illiquidity, increased price volatility, smaller market
capitalizations, less government regulation, less extensive and less frequent
accounting, financial and other reporting requirements, risk of loss resulting
from problems in share registration and custody, substantial economic and
political disruptions and the nationalization of foreign deposits or assets.

Mid-Cap Stock Risk: Stocks of mid-cap companies may be subject to greater price
volatility, significantly lower trading volumes, cyclical, static or moderate
growth prospects and greater spreads between their bid and ask prices than
stocks of larger companies. Because these businesses frequently rely on narrower
product lines and niche markets, they can suffer isolated setbacks.

Small-Cap Stock Risk: Stocks of small capitalization companies may be subject to
greater price volatility, significantly lower trading volumes, cyclical, static
or moderate growth prospects, and greater spreads between bid and ask prices
than stocks of larger companies. Small-capitalization companies may be more
vulnerable to adverse business or market developments.

Short Selling Risk: If a security sold short increases in price, the Fund may
have to cover its short position at a higher price than the short sale price,
resulting in a loss. The Fund may have substantial short positions and must
borrow those securities to make delivery to the buyer. The Fund may not be
able to borrow a security that it needs to deliver or it may not be able to
close out a short position at an acceptable price and may have to sell related
long positions before it had intended to do so. Thus, the Fund may not be able
to successfully implement its short sale strategy due to limited availability of
desired securities or for other reasons.

The Fund also may be required to pay a premium and other transaction costs, which
would increase the cost of the security sold short. The amount of any gain will
be decreased, and the amount of any loss increased, by the amount of the premium,
dividends, interest or expenses the Fund may be required to pay in connection with
the short sale.

Until the Fund replaces a borrowed security, it is required to maintain a
segregated account of cash or liquid assets with the Fund's custodian to cover
the Fund's short position. Generally, securities held in a segregated account
cannot be sold unless they are replaced with other liquid assets. The Fund's
ability to access the pledged collateral may also be impaired in the event the
broker fails to comply with the terms of the contract. In such instances the
Fund may not be able to substitute or sell the pledged collateral. Additionally,
the Fund must maintain sufficient liquid assets (less any additional collateral
pledged to the broker), marked-to-market daily, to cover the short sale obligations.
This may limit the Fund's investment flexibility, as well as its ability to meet
redemption requests or other current obligations.

Because losses on short sales arise from increases in the value of the security
sold short, such losses are theoretically unlimited. By contrast, a loss on a
long position arises from decreases in the value of the security and is limited
by the fact that a security's value cannot go below zero.

By investing the proceeds received from selling securities short, the Fund could
be deemed to be employing a form of leverage, which creates special risks. The
use of leverage may increase the Fund's exposure to long positions and make any
change in the Fund's net asset value greater than it would be without the use
of leverage. This could result in increased volatility of returns. There is no
guarantee that the Fund will leverage its portfolio, or if it does, that the
Fund's leveraging strategy will be successful or that it will produce a higher
return on an investment.

Regulatory authorities in the U.S. or other countries may prohibit or restrict
the ability of the Fund to fully implement its short-selling strategy, either
generally or with respect to certain industries or countries, which may impact
the Fund's ability to fully implement its investment strategies.

Depositary Receipts Risk: Investments in depositary receipts may entail the
special risks of foreign investing, including currency exchange fluctuations,
government regulations, and the potential for political and economic
instability.

Debt Securities Risk: The risks of investing in debt securities include (without
limitation): (i) credit risk, i.e., the issuer may not repay the loan created by
the issuance of that debt security; (ii) maturity risk, i.e., a debt security
with a longer maturity may fluctuate in value more than one with a shorter
maturity; (iii) market risk, i.e., low demand of debt securities may negatively
impact their price; (iv) interest rate risk, i.e., when interest rates go up,
the value of a debt security goes down, and when interest rates go down, the
value of a debt security goes up; (v) selection risk, i.e., the securities
selected by the Subadvisor may underperform the market or other securities
selected by other funds; and (vi) call risk, i.e., during a period of falling
interest rates, the issuer may redeem a security by repaying it early, which
may reduce the Fund's income, if the proceeds are reinvested at lower interest
rates.

Additional risks associated with an investment in the Fund include the
following: (i) not all U.S. government securities are insured or guaranteed by
the U.S. government--some are backed only by the issuing agency, which must rely
on its own resources to repay the debt; and (ii) the Fund's yield will fluctuate
with changes in short-term interest rates.

High-Yield Securities Risk: Investments in high-yield securities (commonly
referred to as "junk bonds") are sometimes considered speculative because they
present a greater risk of loss than higher quality securities. Such securities
may, under certain circumstances, be less liquid than higher rated securities.
These securities pay investors a premium (a high interest rate or yield) because
of the increased risk of loss. These securities can also be subject to greater
price volatility. In times of unusual or adverse market, economic or political
conditions, these securities may experience higher than normal default rates.

Floaters and Variable Rate Notes Risk: Floaters and variable rate notes provide
for a periodic adjustment in the interest rate paid on the securities. The rate
adjustment intervals may be regular and range from daily up to annually, or may
be based on an event, such as a change in the prime rate. Floating and variable
rate notes may be subject to greater liquidity risk than other debt securities,
meaning that there may be limitations on the Fund's ability to sell the
securities at any given time. Securities with floating interest rates generally
are less sensitive to interest rate changes, but may decline in value if their
interest rates do not rise as much or as fast as interest rates in general. Such
securities also may lose value.

Other Investment Companies Risk: The Fund may invest in other investment
companies, including open-end funds, closed-end funds, and ETFs.

The Fund may purchase the securities of another investment company to temporarily
gain exposure to a portion of the market while awaiting purchase of securities or
as an efficient means of gaining exposure to a particular asset class. The Fund
might also purchase shares of another investment company to gain exposure to the
securities in the investment company's portfolio at times when the Fund may not
be able to buy those securities directly. Any investment in another investment
company would be consistent with the Fund's objective and investment program.

The risks of owning another investment company are generally similar to the
risks of investment directly in the securities in which that investment company
invests. However, an investment company may not achieve its investment objective
or execute its investment strategy effectively, which may adversely affect the
Fund's performance. In addition, because closed-end funds and ETFs trade on a
secondary market, their shares may trade at a premium or discount to the actual
net asset value of their portfolio securities and their shares may have greater
volatility because of the potential lack of liquidity.

Exchange Traded Fund Risk: The risks of owning an ETF generally reflect the risks
of owning the underlying securities they are designed to track, although lack of
liquidity in an ETF could result in it being more volatile than the underlying
portfolio of securities. Disruptions in the markets for the securities underlying
ETFs purchased or sold by the Fund could result in losses on the Fund's investment
in ETFs. ETFs also have management fees that increase their costs versus the costs
of owning the underlying securities directly.

Zero Coupon Bond Risk: Because zero-coupon securities bear no interest and
compound semi-annually at the rate fixed at the time of issuance, their value
generally is more volatile than the value of other fixed income securities. An
investment in zero-coupon and delayed interest securities may cause the Fund to
recognize income, and therefore the Fund may be required to make distributions
to shareholders before the Fund receives any cash payments on its investment.

Mortgage-Backed/Asset-Backed Securities Risk: Prepayment risk is associated
with mortgage-backed and asset-backed securities. If interest rates fall, the
underlying debt may be repaid ahead of schedule, reducing the value of the
Fund's investments. If interest rates rise, there may be fewer prepayments,
which would cause the average bond maturity to rise, increasing the potential
for the Fund to lose money. The value of these securities may be significantly
affected by changes in interest rates, the market's perception of issuers, and
the creditworthiness of the parties involved. The ability of the Fund to
successfully utilize these instruments may depend on the ability of the
Subadvisor to forecast interest rates and other economic factors correctly.
These securities may have a structure that makes their reaction to interest
rate changes and other factors difficult to predict, making their value highly
volatile.

Municipal Bond Risk: Municipal bond risks include the ability of the issuer to
repay the obligation, the relative lack of information about certain issuers,
and the possibility of future tax and legislative changes, which could affect
the market for and value of municipal securities. Municipalities continue to
experience economic and financial difficulties in the current economic
environment. The ability of a municipal issuer to make payments and the value
of municipal bonds can be affected by uncertainties in the municipal securities
market. Such uncertainties could cause increased volatility in the municipal
securities market and could negatively impact the Fund's net asset value.

Derivatives Risk: Derivatives are investments whose value depends on (or is
derived from) the value of an underlying instrument, such as a security, asset,
reference rate or index. Derivative strategies often involve leverage, which
may exaggerate a loss, potentially causing the Fund to lose more money than it
would have lost had it invested in the underlying instrument. Derivatives may
be difficult to sell, unwind or value. Derivatives may also be subject to
counterparty risk, which is the risk that the counterparty (the party on the
other side of the transaction) on a derivative transaction will be unable to
honor its contractual obligations to the Fund. Swap transactions tend to shift
the Fund's investment exposure from one type of investment to another, and
therefore entail the risk that a party will default on its payment obligations
to the Fund.

Futures may be more volatile than direct investments in the instrument
underlying the futures, and may not correlate perfectly to the underlying
instrument. Futures also may involve a small initial investment relative to the
risk assumed, which could result in losses greater than if they had not been
used. Due to fluctuations in the price of the underlying security, the Fund may
not be able to profitably exercise an option and may lose its entire investment
in an option. Forward commitments entail the risk that the instrument may be
worth less when it is issued or received than the price the Fund agreed to pay
when it made the commitment. The use of foreign currency forwards may result in
currency exchange losses due to fluctuations in currency exchange rates or an
imperfect correlation between portfolio holdings denominated in a particular
currency and the forward contracts entered into by the Fund.

Tax Risk: The Fund's investments and investment strategies, including
transactions in options and futures contracts, may be subject to special and
complex federal income tax provisions, the effect of which may be, among other
things: (1) to disallow, suspend, defer or otherwise limit the allowance of
certain losses or deductions; (2) to accelerate income to the Fund; (3) to
convert long-term capital gain, which is currently subject to lower tax rates,
into short-term capital gain or ordinary income, which are currently subject to
higher tax rates; (4) to convert an ordinary loss or a deduction into a capital
loss (the deductibility of which is more limited); (5) to treat dividends that
would otherwise constitute qualified dividend income as non-qualified dividend
income; (6) to produce income that will not qualify as good income under the
gross income requirements that must be met for the Fund to qualify as a
regulated investment company (a "RIC") under Subchapter M of the Internal
Revenue Code of 1986, as amended (the "Code"). Furthermore, to the extent that
any futures contract or option on a futures contract held by the Fund is a
"section 1256 contract" under Section 1256 of the Code, the contract will be
marked to market annually, and any gain or loss will be treated as 60% long-term
and 40% short-term, regardless of the holding period for such contract. Section
1256 contracts include Fund transactions involving call options on a broad-based
securities index, certain futures contracts and other financial contracts.
Risk Lose Money [Text] rr_RiskLoseMoney Before considering an investment in the Fund, you should understand that you could lose money.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following bar chart and tables indicate some of the risks of investing in
the Fund. The bar chart shows you how the Fund's calendar year performance has
varied over the life of the Fund. Sales loads are not reflected in the bar
chart. If they were, returns would be less than those shown. The average annual
total returns table shows how the Fund's average annual total returns (before
and after taxes) for the one-year period and life of the Fund compare to those
of a broad-based securities market index. The Fund has selected the S&P 500®Index
as its primary benchmark. The S&P 500® Index is widely regarded as the standard
index for measuring large-cap U.S. stock market performance.

The performance figures for Class I shares reflect the historical performance of
the then-existing shares of Marketfield Fund (the predecessor to the Fund, which
was subject to a different fee structure, and for which a predecessor entity to
Marketfield Asset Management LLC served as investment advisor) for periods prior
to October 5, 2012. Performance figures for all other share classes reflect the
historical performance of Class I shares and are adjusted to reflect differences
in fees and expenses. Performance data for the classes varies based on differences
in their fee and expense structures. The Fund commenced operations on July 31, 2007.
Unadjusted, the performance for the newer classes might have been different. Past
performance of Marketfield Fund (before and after taxes) is not necessarily an
indication of how the Fund will perform in the future. Please visit
mainstayinvestments.com for more recent performance information.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and tables indicate some of the risks of investing in the Fund.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress mainstayinvestments.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of Marketfield Fund (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Annual Returns, Class I Shares (by calendar year 2008-2011)
Bar Chart Narrative [Text Block] rr_BarChartNarrativeTextBlock The bar chart shows you how the Fund's calendar year performance has varied
over the life of the Fund. Sales loads are not reflected in the bar chart.
If they were, returns would be less than those shown.
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads Sales loads are not reflected in the bar chart. If they were, returns would be less than those shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock Best Quarter    
2Q/09    15.89%
Worst Quarter   
4Q/08   -13.05%

As of June 30, 2012, the Class I shares of the Fund had a year-to-date return of
8.77%.
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes reflects no deductions for fees, expenses, or taxes
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on your tax situation and may differ from those shown. After-tax returns are not relevant if you hold your shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns shown are for Class I shares. After-tax returns for the other share classes may vary.
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher In some cases, the return after taxes may exceed the return before taxes due to an assumed tax benefit from any losses on a sale of shares at the end of the measurement period.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock After-tax returns are calculated using the historical highest individual federal
marginal income tax rates and do not reflect the impact of state and local taxes.
In some cases, the return after taxes may exceed the return before taxes due to
an assumed tax benefit from any losses on a sale of shares at the end of the
measurement period. Actual after-tax returns depend on your tax situation and
may differ from those shown. After-tax returns are not relevant if you hold
your shares through tax-deferred arrangements, such as 401(k) plans or individual
retirement accounts. After-tax returns shown are for Class I shares. After-tax
returns for the other share classes may vary.
Caption rr_AverageAnnualReturnCaption Average Annual Total Returns (for the periods ended December 31, 2011)
MainStay Marketfield Fund (Prospectus Summary) | MainStay Marketfield Fund | S&P 500®Index
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel S&P 500® Index (reflects no deductions for fees, expenses, or taxes)
1 Year rr_AverageAnnualReturnYear01 2.11%
Since Inception rr_AverageAnnualReturnSinceInception (1.09%)
MainStay Marketfield Fund (Prospectus Summary) | MainStay Marketfield Fund | Investor Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the original offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOfferingPrice none [1]
Management Fees (as an annual percentage of the Fund's average daily net assets) rr_ManagementFeesOverAssets 1.40%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Dividend Expense on Securities Sold Short rr_Component1OtherExpensesOverAssets 0.66%
Broker Fees and Charges on Short Sales rr_Component2OtherExpensesOverAssets 0.21%
Remainder of Other Expenses rr_Component3OtherExpensesOverAssets 0.30%
Total Other Expenses rr_OtherExpensesOverAssets 1.17%
Acquired (Underlying) Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.04%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.86% [2]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 823
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 1,387
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,976
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 3,560
Label rr_AverageAnnualReturnLabel Return Before Taxes Investor Class
1 Year rr_AverageAnnualReturnYear01 (2.25%)
Since Inception rr_AverageAnnualReturnSinceInception 6.36%
MainStay Marketfield Fund (Prospectus Summary) | MainStay Marketfield Fund | Class A
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the original offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOfferingPrice none [1]
Management Fees (as an annual percentage of the Fund's average daily net assets) rr_ManagementFeesOverAssets 1.40%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Dividend Expense on Securities Sold Short rr_Component1OtherExpensesOverAssets 0.66%
Broker Fees and Charges on Short Sales rr_Component2OtherExpensesOverAssets 0.21%
Remainder of Other Expenses rr_Component3OtherExpensesOverAssets 0.14%
Total Other Expenses rr_OtherExpensesOverAssets 1.01%
Acquired (Underlying) Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.04%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.70% [2]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 808
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 1,342
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,901
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 3,415
Label rr_AverageAnnualReturnLabel Return Before Taxes Class A
1 Year rr_AverageAnnualReturnYear01 (2.25%)
Since Inception rr_AverageAnnualReturnSinceInception 6.36%
MainStay Marketfield Fund (Prospectus Summary) | MainStay Marketfield Fund | Class C
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the original offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
Management Fees (as an annual percentage of the Fund's average daily net assets) rr_ManagementFeesOverAssets 1.40%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Dividend Expense on Securities Sold Short rr_Component1OtherExpensesOverAssets 0.66%
Broker Fees and Charges on Short Sales rr_Component2OtherExpensesOverAssets 0.21%
Remainder of Other Expenses rr_Component3OtherExpensesOverAssets 0.30%
Total Other Expenses rr_OtherExpensesOverAssets 1.17%
Acquired (Underlying) Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.04%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 3.61% [2]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 464
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 1,106
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,869
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 3,871
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 364
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 1,106
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,869
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 3,871
Label rr_AverageAnnualReturnLabel Return Before Taxes Class C
1 Year rr_AverageAnnualReturnYear01 1.67%
Since Inception rr_AverageAnnualReturnSinceInception 6.93%
MainStay Marketfield Fund (Prospectus Summary) | MainStay Marketfield Fund | Class I
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the original offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees (as an annual percentage of the Fund's average daily net assets) rr_ManagementFeesOverAssets 1.40%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Dividend Expense on Securities Sold Short rr_Component1OtherExpensesOverAssets 0.66%
Broker Fees and Charges on Short Sales rr_Component2OtherExpensesOverAssets 0.21%
Remainder of Other Expenses rr_Component3OtherExpensesOverAssets 0.14%
Total Other Expenses rr_OtherExpensesOverAssets 1.01%
Acquired (Underlying) Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.04%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.45% [2]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 248
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 764
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,306
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,786
Annual Return 2008 rr_AnnualReturn2008 (12.88%)
Annual Return 2009 rr_AnnualReturn2009 31.08%
Annual Return 2010 rr_AnnualReturn2010 14.32%
Annual Return 2011 rr_AnnualReturn2011 3.70%
Year to Date Return, Label rr_YearToDateReturnLabel year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Jun. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 8.77%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 15.89%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (13.05%)
Label rr_AverageAnnualReturnLabel Return Before Taxes Class I
1 Year rr_AverageAnnualReturnYear01 3.70%
Since Inception rr_AverageAnnualReturnSinceInception 8.00%
MainStay Marketfield Fund (Prospectus Summary) | MainStay Marketfield Fund | Class I | After Taxes on Distributions
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions Class I
1 Year rr_AverageAnnualReturnYear01 3.70%
Since Inception rr_AverageAnnualReturnSinceInception 7.98%
MainStay Marketfield Fund (Prospectus Summary) | MainStay Marketfield Fund | Class I | After Taxes on Distributions and Sales
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions and Sale of Fund Shares Class I
1 Year rr_AverageAnnualReturnYear01 2.40%
Since Inception rr_AverageAnnualReturnSinceInception 6.92%
MainStay Marketfield Fund (Prospectus Summary) | MainStay Marketfield Fund | Class R2
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the original offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees (as an annual percentage of the Fund's average daily net assets) rr_ManagementFeesOverAssets 1.40%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Dividend Expense on Securities Sold Short rr_Component1OtherExpensesOverAssets 0.66%
Broker Fees and Charges on Short Sales rr_Component2OtherExpensesOverAssets 0.21%
Remainder of Other Expenses rr_Component3OtherExpensesOverAssets 0.24%
Total Other Expenses rr_OtherExpensesOverAssets 1.11%
Acquired (Underlying) Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.04%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.80% [2]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 283
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 868
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,479
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 3,128
Label rr_AverageAnnualReturnLabel Return Before Taxes Class R2
1 Year rr_AverageAnnualReturnYear01 3.34%
Since Inception rr_AverageAnnualReturnSinceInception 7.62%
[1] A contingent deferred sales charge of 1.00% may be imposed on certain redemptions made within one year of the date of purchase on shares that were purchased without an initial sales charge.
[2] Effective October 5, 2012, New York Life Investment Management LLC ("New York Life Investments") has contractually agreed to waive fees and/or reimburse expenses so that Total Annual Fund Operating Expenses (excluding taxes, interest, litigation, extraordinary expenses, brokerage and other transaction expenses relating to the purchase or sale of portfolio investments, and acquired (underlying) fund fees and expenses) for Class I shares do not exceed 1.56% of its average daily net assets. This agreement will be in effect for a two-year period unless extended by New York Life Investments and approved by the Board of Trustees.
EXCEL 10 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%\W-V(Y96(P8U\R-3`Q7S0W961?8F(W-U\V-6,S M.68V-F0Y-3,B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I% M>&-E;%=O6QE#I! M8W1I=F53:&5E=#X-"B`@/'@Z4')O=&5C=%-T#I0 M#I0#I0&UL M/CPA6V5N9&EF72TM/@T*/"]H96%D/@T*("`\8F]D>3X-"B`@(#QP/E1H:7,@ M<&%G92!S:&]U;&0@8F4@;W!E;F5D('=I=&@@36EC'1087)T7S'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^ M-#@U0E!/4SQS<&%N/CPO'0^1&5C(#,Q+`T*"0DR,#$R M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^4V5P(#(W+`T* M"0DR,#$R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$2!-87)K971F:65L9"!&=6YD("A0'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$6UB;VP\+W1D M/@T*("`@("`@("`\=&0@8VQA'0^349.1%@\2D@?"!-86EN M4W1A>2!-87)K971F:65L9"!&=6YD('P@0VQA6UB;VP\+W1D/@T*("`@("`@("`\=&0@8VQA2!-87)K971F:65L9"!&=6YD("A0'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$6UB;VP\+W1D/@T*("`@("`@("`\=&0@8VQA'0^349,1%@\2D@?"!-86EN4W1A>2!-87)K971F:65L9"!&=6YD('P@ M0VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$7!E.B!T97AT+VAT M;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@ M("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$ M)W1E>'0O:'1M;#L@8VAA'0^36%I M;E-T87D@36%R:V5T9FEE;&0@1G5N9"`H4')O2!-87)K971F:65L9"!&=6YD/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^26YV97-T;65N="!/ M8FIE8W1I=F4\'!E;G-E'!E;G-E2!F;W(@6]U2!&=6YD2!&=6YD(&EN('=H:6-H('EO=3QB6]U('!A>2!E86-H('EE87(@87,@ M82!P97)C96YT86=E(&]F('1H92!V86QU92!O9B!Y;W5R(&EN=F5S=&UE;G0I M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$2!-87)K971F:65L9"!&=6YD/&)R/CPO2!N970@87-S M971S*3PO=&0^#0H@("`@("`@("`@("`@(#QT9"!C;&%S'!E;G-E'!E;G-E6EN9RD@1G5N9"!&965S(&%N9"!%>'!E;G-E'!E;G-E'!E;G-E&5S M+"!I;G1E2!E>'!E;G-E M'!E;G-E'1E;F1E9"!B>2!.97<@66]R:R!,:69E($EN M=F5S=&UE;G1S(&%N9"!A<'!R;W9E9"!B>2!T:&4@0F]A&%M<&QE M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'0^/'1T/E1H92!% M>&%M<&QE(&ES(&EN=&5N9&5D('1O(&AE;'`@>6]U(&-O;7!A6]U&-E<'0@87,@:6YD:6-A=&5D('=I=&@@ M6]U'!E;G-E($5X86UP;&4L('=I=&@@4F5D96UP=&EO;BP@,2!996%R/"]T9#X- M"B`@("`@("`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XX,C,\'!E;G-E($5X86UP;&4L('=I=&@@ M4F5D96UP=&EO;BP@,3`@665A'!E;G-E($5X86UP M;&4L($YO(%)E9&5M<'1I;VX-"@T*#0H-"BA54T0@)"D\8G(^/"]S=')O;F<^ M/"]T:#X-"B`@("`@("`@("`@("`@/'1H(&-L87-S/3-$=&@^17AP96YS92!% M>&%M<&QE+"!.;R!2961E;7!T:6]N+"`Q(%EE87(\8G(^/"]T:#X-"B`@("`@ M("`@("`@("`@/'1H(&-L87-S/3-$=&@^17AP96YS92!%>&%M<&QE+"!.;R!2 M961E;7!T:6]N+"`S(%EE87)S/&)R/CPO=&@^#0H@("`@("`@("`@("`@(#QT M:"!C;&%S'!E;G-E($5X86UP;&4L($YO(%)E9&5M<'1I;VXL(#$P(%EE87)S/&)R M/CPO=&@^#0H@("`@("`@("`@("`\+W1R/@T*("`@("`@("`@("`@/'1R(&-L M87-S/3-$2!-87)K971F:65L9"!&=6YD($-L87-S($,\+W1D M/@T*("`@("`@("`@("`@("`\=&0@8VQA7,@86YD('-E;&QS/&)R("\^'!E;G-E'0^/'1T/E1O(&%C:&EE=F4@=&AE($9U;F0G&5D+6EN8V]M92!S96-UF4N M(%1H92!&=6YD(&UA>2!I;G9EF4L(&EN8VQU9&EN9R!U<"!T;SQB2!2 M96-E:7!T2!296-E:7!T M2!-;V]D>2=S M($EN=F5S=&]R(%-E2=S(BDL(&]R(#QB2!B>2!T:&4@4W5B861V:7-O2P@/&)R("\^=&AE($9U;F0@=VEL;"!U M2=S(#QB2!R969E2!H879E(&UA='5R:71I97,@ M;V8@/&)R("\^86YY(&QE;F=T:"!A;F0@;6%Y(&AA=F4@=F%R:6%B;&4@86YD M(&9L;V%T:6YG(&EN=&5R97-T(')A=&5S+B!4:&4@1G5N9"!M87D@86QS;R`\ M8G(@+SYI;G9EF5R;RUC;W5P;VX@8F]N9',L('=I=&AO=70@;&EM M:71A=&EO;BX\8G(@+SX@/&)R("\^26X@861D:71I;VXL('1H92!&=6YD(&UA M>2!I;G9E2!O&5D+6EN8V]M92!O<'1I;VYS+"!F=71U2!P;V]L/&)R("\^;W!E2!T:&%T(&9O8W5S97,@ M;VX@=&AE('!R;W-P96-T2!A;F0@/&)R("\^ M9FEX960M:6YC;VUE('-E8W5R:71I97,@870@:71S(&1I7-I'!E8W1E M9"`\8G(@+SYT;R!E:71H97(@8F5N969I="!O2P@:70@2US M<&5C:69I8R!%5$8@=&AA="!O9F9E'!O3QB2!T:&4@4W5B861V:7-O2!I M9B!I="!N;R!L;VYG97(@8F5L:65V97,@=&AE('-E8W5R:71Y('=I;&P\8G(@ M+SYC;VYT'0^4')I;F-I<&%L(%)I'0^/'1T/DQO6]U(&-O M=6QD(&QO2!C M:&%N9V4@8F5C875S92!O9CQB7-I2!N M;W0@<')O9'5C92!T:&4@9&5S:7)E9"!R97-U;'1S+CQB2`\8G(@+SYA;F0@8V]M M<&%N>2!C;VYD:71I;VYS(&%N9"!T:&4@2`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`\8G(@ M+SYB92!D:69F:6-U;'0@=&\@2`H=&AE('!A2!B92!M;W)E('9O M;&%T:6QE('1H86X@9&ER96-T(&EN=F5S=&UE;G1S(&EN('1H92!I;G-T6EN9R!T:&4@9G5T=7)E2!N;W0@ M8V]R2!T;R!T:&4@=6YD97)L>6EN9SQB3QB"!2:7-K.B!4:&4@1G5N9"=S(&EN=F5S=&UE;G1S M(&%N9"!I;G9E"!P2!B92P@86UO;F<@;W1H97(\8G(@+SYT:&EN9W,Z("@Q*2!T;R!D M:7-A;&QO=RP@2!L M;W-S(&]R(&$@9&5D=6-T:6]N(&EN=&\@82!C87!I=&%L/&)R("\^;&]S2!A2`H82`B4DE#(BD@ M=6YD97(@4W5B8VAA<'1E'1E;G0@=&AA=#QB2!F=71U2!T:&4@1G5N9"!I"P@8V5R=&%I;B!F=71U65A"`\ M8G(@+SYA2!B96YC:&UA$%%.R!);F1E>"!I2!T;SQB2`S,2P@ M,C`P-RX@/&)R("\^56YA9&IU2!A;B`\ M8G(@+SYI;F1I8V%T:6]N(&]F(&AO=R!T:&4@1G5N9"!W:6QL('!E2!W M97)E+"!R971U65A'0^/'1T/D)E$$P.R8C>$$P.R8C>$$P.R8C>$$P.SQB M$$P.R8C>$$P.R8C>$$P.SQB2!-87)K971F:65L9"!&=6YD/&)R/CPO&5S M($EN=F5S=&]R($-L87-S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@("`@ M("`@(#QT9"!C;&%S&5S($-L87-S($,\&5S($-L87-S($D\ M&5S(&]N($1I&5S(&]N($1I M"`H&5S*3QS<&%N/CPO'0^/'1T/D%F=&5R+71A>"!R M971U"!R871E6]U"!R971U6]U(&AO;&0\8G(@ M+SYY;W5R('-H87)E"UD969E3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\W-V(Y M96(P8U\R-3`Q7S0W961?8F(W-U\V-6,S.68V-F0Y-3,-"D-O;G1E;G0M3&]C M871I;VXZ(&9I;&4Z+R\O0SHO-S=B.65B,&-?,C4P,5\T-V5D7V)B-S=?-C5C M,SEF-C9D.34S+U=O'0O:'1M;#L@8VAA'0^3V-T(#4L#0H)"3(P,3(\ M2D@?"!-86EN4W1A>2!- M87)K971F:65L9"!&=6YD/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^ M#0H@("`@("`@(#PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E2&5A9&EN9SPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^1F5E'!E;G-E2!F;W(@6]U2!&=6YD2!&=6YD(&EN('=H:6-H('EO M=3QB'!E;G-E'!E;G-E65A3QB'1=/"]T9#X- M"B`@("`@("`@/'1D(&-L87-S/3-$=&@^'!E M;G-E($)R96%K<&]I;G0L($UI;FEM=6T@26YV97-T;65N="!297%U:7)E9"!; M06UO=6YT73PO=&0^#0H@("`@("`@(#QT9"!C;&%S&%M<&QE(%M(96%D M:6YG73PO=&0^#0H@("`@("`@(#QT9"!C;&%S&%M<&QE2&5A9&EN9SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M17AA;7!L93QS<&%N/CPO&%M<&QE($YA'!E;G-E17AA;7!L94YA'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'1T/E1H M92!%>&%M<&QE(&ES(&EN=&5N9&5D('1O(&AE;'`@>6]U(&-O;7!A6]U&-E<'0@87,@:6YD:6-A=&5D('=I M=&@@6]U2P@ M665A'!E;G-E17AA;7!L94)Y665A2!B92!H:6=H97(@;W(@;&]W97(L(&)A4AE861I;F<\+W1D/@T* M("`@("`@("`\=&0@8VQA4YA'1";&]C:SPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'1T/E1O(&%C:&EE=F4@ M=&AE($9U;F0G&5D+6EN M8V]M92!S96-UF4N(%1H92!&=6YD(&UA>2!I;G9EF4L(&EN8VQU9&EN M9R!U<"!T;SQB2!296-E:7!T2!296-E:7!T2!-;V]D>2=S($EN=F5S=&]R(%-E2=S(BDL(&]R(#QB2!B>2!T:&4@4W5B861V:7-O M2P@/&)R M("\^=&AE($9U;F0@=VEL;"!U2=S(#QB2!R969E2!H879E(&UA='5R:71I97,@;V8@/&)R("\^86YY(&QE;F=T:"!A;F0@;6%Y M(&AA=F4@=F%R:6%B;&4@86YD(&9L;V%T:6YG(&EN=&5R97-T(')A=&5S+B!4 M:&4@1G5N9"!M87D@86QS;R`\8G(@+SYI;G9EF5R;RUC;W5P;VX@ M8F]N9',L('=I=&AO=70@;&EM:71A=&EO;BX\8G(@+SX@/&)R("\^26X@861D M:71I;VXL('1H92!&=6YD(&UA>2!I;G9E2!O&5D+6EN8V]M92!O<'1I M;VYS+"!F=71U2!P;V]L/&)R("\^ M;W!E2!T:&%T(&9O8W5S97,@;VX@=&AE('!R;W-P96-T2!A;F0@/&)R("\^9FEX960M:6YC;VUE('-E8W5R:71I97,@870@ M:71S(&1I7-I'!E8W1E9"`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`\8G(@+SYR961E;7!T:6]N(')E<75E2!U;FQI;6ET960N($)Y(&-O;G1R M87-T+"!A(&QO2!T:&4@9F%C="!T:&%T(&$@F5R;RX\8G(@+SX@/&)R("\^0GD@ M:6YV97-T:6YG('1H92!P2!O2!T;R!F=6QL M>2!I;7!L96UE;G0@:71S(&EN=F5S=&UE;G0@2!296-E:7!T2!E;G1A:6P@=&AE/&)R("\^2!U;F1E2!T:&4@9&5B=#L@86YD("AI M:2D@=&AE($9U;F0G3QB3QB2P@=6YD97(@8V5R=&%I M;B!C:7)C=6US=&%N8V5S+"!B92!L97-S(&QI<75I9"!T:&%N(&AI9VAE2!E>'!E M2!B92!R96=U;&%R(&%N9"!R86YG92!F M3QB2!L;W-E('9A;'5E+CQB2!P=7)C:&%S92!T:&4@ M2!T;R!T M96UP;W)A2`\8G(@+SYG86EN(&5X<&]S=7)E('1O(&$@<&]R=&EO;B!O M9B!T:&4@;6%R:V5T('=H:6QE(&%W86ET:6YG('!U2!T;R!G86EN(&5X<&]S=7)E('1O('1H M92`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`@ M("`@("`\=&0@8VQA6]U('-H;W5L9"!U;F1E6]U(&-O=6QD(&QO'1";&]C:SPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'1T/E1H92!F;VQL;W=I;F<@8F%R(&-H87)T(&%N M9"!T86)L97,@:6YD:6-A=&4@6]U M(&AO=R!T:&4@1G5N9"=S(&-A;&5N9&%R('EE87(@<&5R9F]R;6%N8V4@:&%S M/&)R("\^=F%R:65D(&]V97(@=&AE(&QI9F4@;V8@=&AE($9U;F0N(%-A;&5S M(&QO861S(&%R92!N;W0@"!F;W(@ M;65A&ES=&EN9R!S:&%R97,@;V8@36%R M:V5T9FEE;&0@1G5N9"`H=&AE('!R961E8V5S'!E;G-E('-T&5S M*2!I'1= M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^5=E8E-I=&5!9&1R97-S/"]T9#X- M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#YM86EN6EN=F5S=&UE;G1S M+F-O;3QS<&%N/CPO'1=/"]T9#X- M"B`@("`@("`@/'1D(&-L87-S/3-$=&@^2`-"F%N M(&EN9&EC871I;VX@;V8@:&]W('1H92!&=6YD('=I;&P@<&5R9F]R;2!I;B!T M:&4@9G5T=7)E+CQS<&%N/CPO'0^06YN=6%L(%)E='5R;G,L($-L87-S($D@4VAA2!C86QE M;F1A'0@0FQO8VM=/"]T9#X- M"B`@("`@("`@/'1D(&-L87-S/3-$=&@^2!W97)E+"!R971U M'1=/"]T9#X-"B`@("`@("`@/'1D M(&-L87-S/3-$=&@^$$P.R8C>$$P.R8C>$$P.R8C>$$P M.S$U+C@Y)3QB$$P.R8C>$$P.R8C>$$P.RTQ,RXP-24@/&)R("\^(#QB M&5S(%M4 M97AT73PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^&5S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S"!R971U"!R871E'0^06-T=6%L(&%F=&5R+71A>"!R971U"!S:71U871I;VX@86YD(&UA>2!D:69F97(@9G)O;2!T:&]S92`-"G-H M;W=N+B!!9G1E'1=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M=&@^%-H;W=N M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#Y!9G1E'!L86YA=&EO;B!A9G1E"!B96YE9FET(&9R;VT@86YY(&QO'1" M;&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'1T/D%F=&5R M+71A>"!R971U"!R871E"UD969E2D@?"!-86EN4W1A>2!-87)K971F:65L9"!&=6YD('P@ M4R9A;7`[4"`U,##"KDEN9&5X/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M=&@^#0H@("`@("`@(#PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S"`H&5S*3QS<&%N/CPO2!- M87)K971F:65L9"!&=6YD("A0'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S&EM=6U$969E'!E;G-E(&]N(%-E8W5R:71I97,@4V]L9"!3 M:&]R=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E&%M<&QE+"!W M:71H(%)E9&5M<'1I;VXL(#$@665A&%M<&QE665A'!E;G-E($5X M86UP;&4L('=I=&@@4F5D96UP=&EO;BP@-2!996%R&%M<&QE665A&%M<&QE+"!W:71H(%)E9&5M M<'1I;VXL(#$P(%EE87)S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^ M'0^4F5T=7)N($)E9F]R92!487AE2!-87)K971F:65L9"!&=6YD("A0'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S&EM=6T@ M1&5F97)R960@4V%L97,@0VAA'!E;G-E'!E;G-E'!E;G-E'!E;G-E($5X86UP;&4L('=I M=&@@4F5D96UP=&EO;BP@,2!996%R/"]T9#X-"B`@("`@("`@/'1D(&-L87-S M/3-$=&@^&%M<&QE+"!W:71H(%)E9&5M<'1I;VXL(#,@665A M'!E;G-E17AA M;7!L95EE87(P,SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E($5X86UP;&4L('=I=&@@4F5D96UP M=&EO;BP@,3`@665A'!E;G-E17AA;7!L95EE87(Q,#PO=&0^#0H@("`@("`@(#QT9"!C;&%S M&5S($-L87-S($$\'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M&EM=6U$969E2!N970@87-S971S*3PO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'!E;G-E'!E;G-E M'!E;G-E6EN9RD@1G5N9"!&965S(&%N M9"!%>'!E;G-E'!E;G-E'!E;G-E M'!E;G-E17AA;7!L M95EE87(P,3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E($5X86UP;&4L M('=I=&@@4F5D96UP=&EO;BP@,R!996%R&%M<&QE665A&%M<&QE+"!W:71H(%)E9&5M<'1I;VXL M(#4@665A'!E M;G-E17AA;7!L95EE87(P-3PO=&0^#0H@("`@("`@(#QT9"!C;&%S&%M<&QE665A&%M<&QE+"!.;R!2 M961E;7!T:6]N+"`Q(%EE87(\+W1D/@T*("`@("`@("`\=&0@8VQA'!E;G-E17AA;7!L94YO4F5D96UP=&EO;EEE87(P,3PO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'!E;G-E($5X86UP;&4L($YO(%)E9&5M<'1I;VXL M(#,@665A'!E M;G-E17AA;7!L94YO4F5D96UP=&EO;EEE87(P,SPO=&0^#0H@("`@("`@(#QT M9"!C;&%S&%M M<&QE3F]2961E;7!T:6]N665A&%M<&QE+"!.;R!2961E;7!T:6]N+"`Q,"!996%R&%M<&QE3F]2 M961E;7!T:6]N665A2D@?"!-86EN4W1A>2!-87)K971F M:65L9"!&=6YD('P@0VQA&EM=6T@4V%L97,@0VAA&EM=6U386QE M'!E;G-E'!E;G-E M'!E;G-E'!E;G-E M($5X86UP;&4L('=I=&@@4F5D96UP=&EO;BP@,2!996%R/"]T9#X-"B`@("`@ M("`@/'1D(&-L87-S/3-$=&@^&%M<&QE+"!W:71H(%)E9&5M M<'1I;VXL(#,@665A'!E;G-E17AA;7!L95EE87(P,SPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'!E;G-E($5X86UP;&4L('=I=&@@4F5D96UP=&EO;BP@-2!996%R&%M<&QE665A M&%M<&QE+"!W M:71H(%)E9&5M<'1I;VXL(#$P(%EE87)S/"]T9#X-"B`@("`@("`@/'1D(&-L M87-S/3-$=&@^'0^ M2G5N(#,P+`T*"0DR,#`Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S2!2971U2!2971U M&5S($-L87-S($D\2!-87)K971F:65L9"!&=6YD("A0'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S2!-87)K971F:65L M9"!&=6YD("A0&EM=6T@4V%L97,@0VAA&EM M=6U386QE'!E M;G-E'!E;G-E'!E;G-E'!E;G-E($5X86UP;&4L('=I=&@@ M4F5D96UP=&EO;BP@,2!996%R/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M=&@^&%M<&QE+"!W:71H(%)E9&5M<'1I;VXL(#,@665A'!E;G-E17AA;7!L M95EE87(P,SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E($5X86UP;&4L M('=I=&@@4F5D96UP=&EO;BP@-2!996%R&%M<&QE665A&%M<&QE+"!W:71H(%)E9&5M<'1I;VXL M(#$P(%EE87)S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^3X-"CPO M:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\W-V(Y96(P8U\R-3`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`T*0FA*0E519&AC4DUI M36]%249%2U)O8DA"0U-->E5V0599;DQ20VA9:TY/16PX4F-91U)O;4IY9W!+ M:E4R3GIG-4]K3D5255I(4T5L2PT*53%25E9L9%E75G!J6D=6;5HR:'!A;DXP M9%A:,V5(;#9G;T]%:%EA2&E);4MK<$]5;%IA6&U*;6%O<4]K<&%A;G%+;7%S M4UN2S!T4%4Q9&)8,DYN831U4&LU96)N M-D]N<3AV4#`Y9F(S*U!N-B\Y;T%$04U"04%)4D%X14%0=T1P+T%09PT*,W=X M9&5"4$1L>&,K2$Y&;6YL,#(R:VMK:W-9;5HR35-K5-4>FUT-R]!25%8 M=VXO,$LK:&8K0RM(+W=#2G!F:'@O=T%K.#A,+PT*05!92W1F.$$P4W1A4&E' M>74Y4C!E-'1.3W9VF%0-%8P8E1,;&\R;G-R2T$%Z8FLT>695 M,#E/>$MV83EZ5B]W0T5&.$HO.4-V;U@O9W9H+SA!:6%0*T5&.$HO=T1159.=D1,;'8X05(K=396:'AJ9T0V;@T*5R\T4C=5+RMH=C$W+W9Z6F8O23E' M;EE(9&9A+TU4+VA"9D-F+U%R-D8O-$PT9CA!-&UJ+T%)45AW;B\P2RMH9BM# M*T@O=T-*<&8X00T*:$AT5"]W0VAV,35!2+W=J,G`O.41F3="9"]Z9FU*+W=G=FA0+V]6.4,O.$8X4"]!3512+W=!20T* M3#14+T%/:%@P3"]W6'%`X00T*:$)F0V8O47(V1B\T M3#1F+T%);6HO:$)F0V8X03!+*VAF*T,K2"\T;7-R>&)987AO+VA85V14='9& M=71.4%I753%Z1W-K1FM63$EH60T*031T=V-:2'%+,78K164Q4"]O8CEE+S5!2<#)$6&9M+TU4+T%)45AW;B\P2RMH9BM#*T@O=T-*;R\T45AW;B]! M3D-V;U@O9PT*=F@O*TIP9BM%93%0+V]B.64O-S@R6"]Y4%(O=VHR<"\Y1&9R M,R]F;7DO.$%K96EY-T)D+WIF;4HO=T%)3#14+T%/:%@P3"]W6'79#5FAR1W-E1F1',4\U.%'=7455--D)I0FTS M2GAK*W!R5R\T4C=5+RMH=C$W+W9Z6F8O23E';EE(9&%C,PT*-6EF.$E,-%0O M=T-H6#!,+T%-1CA0+WA.2"]#0RM%+RMH6#!,+W=!1CA0.$$X5%,O.$DY<68O M43,V.2\S-7-V+T%*2'%0=RMB*S$X5@T*871P;#5Q,3-Q5456;&%836)856-+ MFYW,R\U2C,T5PT*+W=#=U9A+RMI5G)P M8U9Z;GG16:F=D9U0R;W5&:"M+354W1@T*1TM9:'5+354W1D=+04FYU M3T]/6@T*939+5WI/=7A8:2\W5C,O2D\Y3R\W0W-F+V]M879A%)I9T)+-'8T:2M64'`Q+W`Y<&(S M-V%R93)P:D,R*VYU.`T*5C1U2D93,VUN15I627EZ=&LW,%I1>$E:335R=&-5 M67!.6$M46%N'-026PK4GER+TM"='EY-3E(>%)I:7'I2>4I"069,+W="37@U55=(>$IK,C)4:U1B M83)T4'1.5#!3.#!HD1P=&UO:5518F=307A!95HU M3U%414ET>FMX34\K>%)I;'EJ8S=I555U2TU64FU*4E,T;WA106Q&3&EJ1D%# M555U2TU504I24PT*-&]X44%L1DQI:D9!0U9Y96E09'8X4F9%9C(R0S-H,C9F M66E(>5IJ2G9J.#8X,G,R55AA>#5Y;S-!9C-J6%G-9;$I9:SAK:S@U<3-,-%HP2V)3;V1-;#!85$I.3FAF>DER M4G)737=X='HX>7!J05!Z3GE",U!R5W1I:$MW-0T*4W59*W)A<&573GES5G)O M1W`V:VA135IB5U,R5E%C;C54-6MQ2%!'96U/4GHQ>%(K1S,O2D]F0W9"4#A! M>$MR5"]W0D5P6%19#$T3DA92$(K;%!X4FEG M0FU/90T*:')X3%AT1S!Z55!(+VEM5%5.3W,W<5%8:TMH-31&8V=F6DQC-'E2 M,#50-3$W:&EV2'11+S5(=GA8+S$K=R\X07!(8C!+>F%--GIA9PT*,FAB4'=L M-&-91&0T9C!G+U=Y:B]!4&EA:79F0V9H,6,W9$$P:V93>FHO=W)O3$AO2VAV M*SED8FI(;#)03%939DYU>D@K2&UM5T=N9@T*16E!8699,G1P-6UL6%4EL M:C-9;71S6G=/97`O3W993W=/1#E+.',X1F8X;$IT9BMW5F0O.$%O-C%R,6)& M8VHP8E!6<$YU15%)I9T)M3V5H;W@Q-$Y0>%)I9T)N64A"*VQ'3V5H M<`T**TM-54%->#$T3DA92$(K;%!X4FEG0VYQ3GA,85=K:S!&;&-8,&DT>$)B M;4U/+TE(0F1L6&I/95-/064K0EA-94=R>64K.&4V.4ID80T*8F5A830P>7=5 M4EA44DUX2&TS;GI$>3-C635X,7IW94]M97IX6$IA2&-3,TAX1SA2*V1:,T9R M-65N,DUA*V-Y2'I613$U:5)D:DXX<`T*-V)S3GAY0E5V9$9,6FY6-')X6#ER M168X5S8P-R]S2W@O=T1O;6%V8DU6-'`K,6XO04UK-3`W+W-+>"\K:5IQ5E0T M5U93*TY(<$AW,0T*+W=#4V,K1F8K=U9A9BMI5G)P2S5Z-&%F.&LU.$LO.$%9 M2G10+U)+,3!M2V$R1DQD:555=4M-57E22S5V-&$O.&LU.$LO=T192W10+PT* M0453=&1,:75B*T=N+TI/9D-V.$$R0V)4+W="17)3-FQD1&\V2UA&1TM:26Q& M3&EJ1D%#555U2TU504I8:G5O9CAJ,S1R+S8O668X00T*,&IT-CEJ>%AJ=6\O M.&HU-'(O-B]99CA!,&IT-F-F:5)L6"]HC)+4#A/4#A!6%53:6QX4FEK84-5575+355!2E)3 M-&]X44%L1@T*3&EJ1D%#555U2TU504I24S1O>%%!;&-L;V0U1F5F16)X2#5+ M6$,K4G`Y:D,S;E%34EI:6G)Z2EAE0G58;FAL>7`W13$Q,DLU3%$W>0T*2S@K M23-I5'E5=48X:E0W1T9V3V=E3$Q,3F5:2S=W3GDX.$UU5E!9;6LK:%-7:D]S M`T*5#ER5"]K;D]N9CA!65=J M+T%04DTQ5%`T5U93*TY(<%!W,$@O04)B:G=R+S)#8E0O04Y%C=&24Y.*WII-T]&4G)J9'-42D%, M141LGIM5PT*+V$P:V5'4EDT-U8X3$(U;UI39G1I:DIK8B]6130K9D,Y5#1:,5`X M071V=S-P5W)E5#5(,BLP:75V2S-B=&TY03(S3T)N1V-:=TM%-PT*9S0R3D1& M8S,X3D(O>&)J=W(O,D-B5"\P4W18.5@X4S9$;S%Y='9R1W0V6EE81$E*1FEU MC='<5!W,'=0:`T*=C15>G@O>$MR5"\P4VQ&.5%T M;V1(:6I&3'AN2&8P;T=$;DAB5!V:78O04LO668O4T\S<6\O16I(169W,F)6:C!&43,O M90T*<')(;TMH=BLY9'(K13AH9D569D$O=T1Y57$Q+S="3C,O=T-JFIT,6]Y=4%C:D(V2$Y!0PT*66]X4SA:>#,Y2T)G-7@R-C!!2FEJ M1DQL8T$U1T0P3V%/330W*VQ!0UEO>%-J0GIJ=#%O>75!8VI"-DA.04-95%";&E10GE14'%26`T* M3"M'9%7%'170T4W!+:VI/0T1J M,T9*=E9&2F%--T1&94HO=&$O.<,#,O51J5&8K=W1(+S9*;7!4*T9L579J4C94.$UX+WAB:G=P+S)#8E0O,%-L82MT M,CDY9&%48W=A5&92,D8Y26TR2PT*-FMG.#A212]X8DUG131Z:DIX;D=14G=C M;C1::B]I,B]H5"]S13)N+T%+2E-U;'A45W=N=6-0<#-H2%=.4"MZ6$9V%%L M64$U6>EAW>D@O1G500VXO64IT4"]22U8P,DLU"]A84Q(8U=T-V,V:$=)6G)Q3V4P5F]Z8EDPT2`T*9T]L*T-B;7G50D53>4QU:T]%15=N-D5S.7!9,S)K=S9P1'(Q>3DR>3-6,0T*84YB>#(X:&QU M33-44D]#449.,4]9;VU/-3%M069/,'E2;'E-42D1,2$DX1"M8 M2W%S0UDR,FATGE:>6AY.&)K.4QI;6E7F=!6CEH4PT* M6E,R6C)/2SA3+V$S+W=#4V-A8B]!3FAA4"\P5$Y8=#)+.%(O830O-4IV<'8O M65=J+W=$4DTQ5%`T5U93*TY(<&9W>4@O1G0O0VXO60T*2G10+T%%4VQD3&EU M8BM'6"]*3G9#9CA!,D-B5"]W0D5P6%15,7-*-VIC55EP,49-:V)I=6$K1U$O M=T-,8BM&4"MW5&%F*VE5%1Q2T%'-&]X5'%+04$EX>$@X3FUZ63E" M54XO,W%A>#9#;V(O04PQ,U`T5'AL.%)8.$-F.&Q-='8K=U1E9BMJ<@T*5W98 M8U8U2#1$+S5+6F)F.6=M."\Y2%=T9796=U,K2FYT55`T8V8V-FIC55EP,6-2 M.%HT:VTK2#$S1DUI>5)09#)+=6IJ25E'.&A"0@T*2&-5:E4W6$9'2SA$'EX%1Q2T%'-')K9$,P*WIS4&E2-&PK=S)L=F)F84Y/ M%A95GAN:&I3-$Y*.`T*9C8O0F%Y M6&MI3G!M;G549%AC='DR9DYV0G"\U2G0T5"]W0W=4868K:55R;TQQ M4C1B86%73T=3-&1%3$Q$1U9$4T5$:%)U25A*-D1*03E32V$R13%Q8SAV:39# M9@T*5&1&=71/,#=53"MF5G)16#%V85$K57-O:#)O5V1J2DEQ1&%:67=11TIY M,T%)0DDR.4UVC1C1G!" M1U4O=T)(8F\K-S4P*U@W,C-R+T(R;0T*5&%,-%(P5%,W<&\S=4Q'>&=T<$=J M2DML:VI64U%306-:2$=12U-B0G!'=%A.9D1,+VMM,VA0.$$W0DYP+W=#:55Q M+W$K:S-T+V-R3`T*82M)3E4P>$%G577-C;C5J-7-,=&YN2$)X=T]/ M=6%(=WE'9FAR-%1W4U`K2E1A9%`K=4M5*V]7,$]L;V]X>41K+U-G1&LX:PT* M-2]39U%555E/,$1C8VI(4$A.1T]18VXV57=#:6=$:SAK-2]3:D(R9V)J:UDU M-#5O04LX53%B+VMF+T9N+U@W1"]W0VMD=EAT94]18PT*;C96-')Q+R]!0U5$ M>%HO,2MW+RMK9'9642M*2%!I9C1B3FEX-D-O8B]V53%J,$91,R]E=34O0V5- M=FE)4$%8+T%#57DR+S="3C4O-@T*3W1A.69R>4AW1"]Y53(R+S="3C4O=T-J M$TY=6@O0VHO6%5+-'(T=R\X:4AC9CEF=&@O M=T-L:TYD<@T*:FM(2BML8U@X65(O>%%D>GE4;3ES4''IX>E%!5GE':%=55FPX4V9%=FMV8TXU*VY733#)R>`T*=W$T561G2S9B57)A5S=S-4EB92MU8D=2CA-4B]W05$A74#A!:V]0:3,O%`X3FUV63E"54XO=T(V;7-E M9PT*<4%8X4D0T02]W0U-M,C,O04=#8GHO,&1A,3=$:79(+T%) M9B]!4$I4%A"4#1M935H+W=#1@T*2"MU;S-&8U0X M67@O>%%6>"]W0F9T:"\V5U$Q,T=+-&XT>40O04EO1S0O-B]B1"\P%911GAW'9$:&-T1U%W46MH83!.66DQ2U7-Y9DUD:4)N:T%5-VIG6MS:#973V-S9D8R M0T*4$A-;T=9>'5M9SA*6&QH8C943G!7<56555)G0EI:4T](2VA62W)G0E=Y,D-1:%)A:CDP,61. M;'5B:7EJ;79B6#=*3RM3641)2D-G>61O66IJ9`T*:D=10U%$:T)M041(;71# M:G9%*TI8:5@W9%!B>F)T3W-':#AM0F]T:UAN6'4Q5WDW8FU(3U=',$@K-DLQ M4$-(:"]W1#12>E1:8E0W9`T*8UAU*UEY-S5J>5!L5F,O-WIB9#=T+TA).&HT M1S=A36IW>$9Q55AX0CA13').,UHS9'@O6F5N;%AT3%9R9%%V;3-M059A4U%K M-7IZ;@T*=4]/36PY9S=N6EER=SEAW=T@O1G100U@O64ET4"]!15-L9$YI;71H4&-41D=+6$9' M2T)#67)M9FAG4"M,82M%=BMW4F%F*VE5<@T*<#A6>E!W=T@O1G100U@O64ET M4"]!15-L2%5F43981D=+6$9'2T)#66]X4S1O>%%!;4M-575+355!2FEV14Y: M+S5+1#1T+S8O668X00T*,&IT-CEW>%AH*W1F.&Q#.%EAS96=Q1R\W,4Y9.4)53B\SB]W0DA7=&5X-')Z-2]% M>C-C4#A!=V\O,3%%>%A%+T=19CA51&-F.$%8-UEF*VQK3@T*9'9I=4HK36\O M=T-+075F*W8R=R\Y3$EA:S%E>'6%U2C%$=EAB+T%!84@O M1D$R+W=$,2LS+R]!2U=45GDQ='HP%)I3$X M4#8W+UI,851Q;`T*+V-I,FIU;6$P.&YA<75Z<6]*:VM1-7I',U%(=%9+4#1J M:50W;FA8>$%F.$%G5FXO05!*1F,S.%%V*U-N6$@O64ES+R]!161D5DIP+PT* M871Q5DY4,UIW-&I&4W!38U5K9$9*.%)42#DO=W`T9T@O07)0+W=#4TMI:"M+ M1F\Q-UHR."]H+UA,65A.>D9AF='"MG=F5V.$%%EI29')( M;DMJ8T(O94YD:FEU3#A,>6%N3#A19D5$87IA5V1P8T13.5!#<&%85%A#;&9. M=DU%G,X5C1B*S$Y+W=!:S$P,R]!3$,X M6"]O;6%V8SA6-&(K,2\X03AK,#!Z+W-,>&8X06]M87!N$AYE=K;'-Q2V-K8E0U3-">#AQ36-N:FHV5D9&.%)V3R]W0E@T53A1;B]G5FXO.$%*1E%F1VHO M:C$X3"]!4%E9+W=$8E,U518;D=O-E8T M;G5F1E=U86UN:$A64D)F6$5C,&%M-7-T=T,R.%5:,V9V.$%'8WAT,$HT22ML M93-554IT3S9);D)46$LP95`R,7(T:PT*:2LY-%`Q8R]3-'-V+VMI;S=Q>3A3 M>34R*T5.6$@Q=6),+S5)C11,5IR6@T*3$=E,4MX,TYK6#-02D-W3T1C05EX13)E930O1'8O.$%H M2DY6+W=#:$LX42\Y+W)$+W=#4V$V96ES;G$W;E1#2VA&4E)Z2"]#4V%R+PT* M04Y#5C1H+S$%U3F4X4F5&-71.G9C5S!O86$T MB\Q.%=8+T%-:U8V-5)7>7)35WI/5C1+ M:RMH-&QD85@T;FQZ=#A)87%0<@T*8S)8+T%-9G)P4&@O8V$Y-&0X35)A8F4K M1&1B:VY3-'5::3!.>%EL8U-816MI.6)G2$](1V5/=65V5W9384MI56Y,8S)P M55E5=FA2>@T*2"]#4V%R+S!*6&E(+W8X05=(+WE44B]W:VUQ+SE#5C1H+SFQ(6FY057@T*.7-(+T%* M2G!P;B]96&DO.45Z57`W1&@X4U!4=FAF.$$X:WHX2F8X05E)=%`O4DM6,#EC M>CA,=BM36BM%9BMW4F%F.$%O;$LV9D9.8@T*03EX2TM81D=+0D-6>DAW=B]W M0U-:*T5V*W=2868K:55R<4U6>DAW=2]W0U-:*T5F*W=2868K:55O-FHV2%`X M07AO+S0Y4$,O+UE9+PT*.71,;7-N4V4Q82]X<"\T.5!#+R]!1T=0+V)3-7)) M,&YT6'IE8B\W=W94.5=F65I$+W5C=CA4+TI'-65F.&4V+U-V3R]I2B]Y2VUU M9@T*.655+R]O='$Y1790*U!D9G!8;F9X12\U1E184"MV2V8O=T)&=%AN4BM. M97`V:V8T8W92;C!*4E,T;WA8,G`K9$-5575+355!2E)3-`T*;WA106Q&3&EJ M1D%#555U2TU504I24S1O>%%!;$9,:6I&04-5575+355!2E)3-&]X44%L1DQI M:D9!0U9X,FG%`U2UA#*U)P,6A!+VY7.&M/5U=A.7E6 M,W%.-C@X3W564`T*66UK>&\W0W9#+S)W=BM36C9:+S)&-'8O04543EAU=4LX M2R]B1"\U2FYP;B]!1T8T=B]233%+5W%4O M:6I5-')8>$HU;'1:4C-&;')D='!.;U9:<$5#>FDQ0PT*4WEF9$Q%1S4S1D)T M-F)1,SA:,F9#=6\S=#8RD)&34=%8DUX M5$%M0S0S3FMR;FI/05A&63--5@T*>2]W=4@O1G,O0U`O04=#3%0O,%-L84]S M*TM01"MI6%,R,G1A-W!7;EA$;TI&:74W>4]&>7!*05E":41J24EZ-T=S+S18 M:TPX369#2@T*66=$*WE,36,O=T181DM/;S=A2%`O1V]F-DHT6"]W0W=X+S=: M,TY9*VLY<3)0:EE13%AW5%0*S-3-7)(,&YT6'IM8B]X,0T*-F9Q M>C8O278Y>FPO:68U23-,>B]!23DQ*VQE9"]%5"]!2D946%`X07)Y;B]!4%)B M5C9*968X938O4W9/+VE*+WE+;75F.655+W=$-@T*3&%V3VHX83E4,4DO=S5E M:E!O9D9'2T%14U%#0U%C2#)P3GDW43(U9'!X9S4T3V5L9F%N-3),:6I&1U)U M0S5'-&I)1D%)2DE"0DE/1`T*-U5!1TM-56TU9&]B8W4P-'=C.$A04VQY3G=8 M23-%6D%O04U566]"0DI!24I"=V9A:S-,=$1B;#)N1T1N9S4V54%,:6I&1U)U M0S5'-`T*:DE&04E*24)"24]$-U5!1TM-56TU9&]B8W4P-'=C.$A04VQY3G=8 M23-%6D%O04U566]"0DI!24I"=V9A:S-,=$1B;#)N1T1N9S4V50T*04QI:D9' M4G5#-4$1C-DQQ3FQQ3G5M;#9D1S!T<$]S>4)H3F5K<5-P27IG9S0Y M>%A786YQ3FIP5FY*9`T*-G!E,C%L87AG1C5R;599,%A*04=766=$:V=F56EU M53A,87AP;70O15!X1&,V3'%.;'%.=6UL861','1P3W-Y0FA.96MQ4W!)>F=G M-`T*.7A363!T1'1C5C14*S))4"M,6C9:+S)&-'8X03!44%AU*TLX2B]B1B]W M0U-:85HO,D=)=B]233E+5WCEQ=5I)651$1G5%56-10TE767%.:U-: M>7I:3S0X06=$87A2:6Y93'-B:759*T9V+TI-=D-0+T%'0C=0+S!3;&14:0T* M=5@K1F\O-'1J-%$O-T$Y;B]W0VE5<&11-DA09D=Z+VIZ.$QF.6AJ+T%.@T*3'4X5$UC2E9R5FQ+0W5R95AM9E-:5&IQ M1TAW>G`Q2E=D,CEN,E(Q.34O>#=R.4LX-RM);B])<6$U+S$U5"\X06]T<39F M>$$(T:S`R83)S9%`P<'1,=F\T5)H='9(2$PX47!*.'8T'1P3V\V3611%)I;EEO M>%%!,T9'2V1I:D9!1&-567`R2TU504YX4FEN66]X44$S1F-X<"]W1'E5,U@O M05!S1`T*-F0O-D]V<39N1F-2-%E!WB]!2DIJ-%$O M-T$Y;B]!3VE5;T1O40T*94Q01#)Q,R]!254X56%F6F%N2F981W)7,'1V0D9Q M1%)X43)O:T1+9')243=Y04AZ:'0U3W=$27E7<7(T,'-F1C)R,G1T839F6F%# M,0T*;SES5W4T3'$O;4-35&MC4G1T:$IK='=E5UA+1U1H5'188W(Y>FEJ1D%Z M:'9I0C19=2]&0W=1,U=L-E9Q;6UW4$M"<#DU9'E1<$M8:0T*0W)/6D5I6FMD M3C`V0D%#4#-G9F-'5E%+2CA&87,S:6Y4=%9V6G1/=CE2='9S=4YC:TAL6$U+ M4F]6;&A3,U9#:%=5=D]3>&-&9G1(40T**U1(6&\K2TU50F,T=E5F0SDW8W)F M,V1T3&)79"]W1'99GED4G!51GIB80T*6EIW6#DS.71V26]54V$U.'-2*V,T54)N,D1H8VY*=T]" M;D983559;T5.>%)I;EEO>%%!,T9'2V1I:D9!1&-567`R2TU504YX4FEN60T* M;WA103-&1TMD:6I&041C55EP,DM-54%.>%)I;EEO>%%!,T9'2V1I:D9!1&-5 M67`R2TU504YX6$$\X5"]!1T-Z=')8-PT*5'!T:&-4951%<65B M2S`Q-W5K8D$U631'4V54:74P>%A%949D2G0Y2"M)=FE+,W1*3#)33G1+,#91 M;3=V2G)P.&UA.4A$4W-Z06-$9PT*2$A5-#5.03!D"]W1&MM3VUF M.6AI3"]W0D5Z,3=Z:79"+S)Y9BM3639:+W=":&E,+S!44%-L4]%65-)14].,TI$.5)X>`T*9VE" M;E!Y*T],4S):;'9T3#%A>FML45-7361X2$=R,W=-F5/83!%,3-B M65=+1SET<'I%9U-6=#@P>0T*=UI,3U520VE)1'DX:F1L-$]S-WE/8EAT478W M3U-X3W%8-'5O-U=:,&%72E9T;TEC4'-::WE40WI$87IF2WDU=V-G1G=S9$1I M=5@K1@T*;B]*35!#2"]!1T(W4"\P46QA3W,V3F9A:&1,3&%E23E6,'5-249- M3G!(87-J2$I/-"MB0S=:-7AW8V-$:G)N1S!R=U1E-E9P9&YP,0T*:#1Z.%)2 M5V1P0VQV0D@U5F$552V]Y8EEK-$%(2D]A04]W>%)I=5HO-%)J5G8K:#0X M4F8Y*TY0+SA!:U=J+T%)4FI6=CA!;V5010T*6"]F:E0O.$$U1F]U1FIPC-.:%E4,U53 M>3(Y9U5,2D=Z04U"8D$T>4]C159S+SA)>'$S+U$X94EV.$%V>'`O+W=!:3!8 M0W@P,DM-5GI0+T%!:D=R9CA!43AE20T*=BLO1VXO.$%Y3%(O=VI''$S+T%%4$AI M3"]V>'`O+T%-:3%J6%=M835$-'DP=E-6.&$V.&)A-G-,=39D:F(R1SA.1@T* M2F)+;T(K>EEX:5IS.&1H,#5Y6$-X,RM+359Z4"]#36%T+S!02&E,+T%,.&%F M+SA!271(+T%!:D=R9CA!43AE278K+T=N+SA!>4Q28PT*3$A466]X6$TO=T1# M36%T+S!02&E,+W9X<"\X03AI,&8X27AQ,R]1.&5)=BLO1VXO05!Y3%)C3$A4 M66]X6$TO.$EX<3,O43AE278X00T*=GAP+R]W06DP9CA!0TUA="]W0D1X-&DO M-SAA9B]W1$ET1G=S9$YI:D9C0C1+,'I83F,X1S9$<3$S-#$Q-4QM+W-)3'%6 M67)E=T-";@T*:E9I1D)T:6-:4$=383)F*T59,6(O;V5015@O9FI4+R]!2D9O M=49J<'-6>'5G5T5.:CA4+T%"4C5,,TQE9G!U;GIV-3EX2DYH;6YV8PT*:&0W M2%EV2$-,:%(R07$U+W=J1W)F.41X-&DO-SAA9B]!4$ET5W9$+T%)8V)39%5V M=%)U9%@Q2%9B>3=H:'0R:W9&9UA9:U1336]54@T*4F]/%AG,S=:62\T=&AP9B]966DO=T12 M13E+5W%)I9T)-5FDV'-D2@T*:79&6G)'+VAT;4PV2F5K,V(S M;'A$071P37%,T;WA414II:@T*1DQI:D9!2$Y79FI844PR4WE7,79*2DDW>$E8:FY& M&),85',P M3U=L5C-Z.&]T-#%"2U)L,DQK27$W0PT*>75X,E!23=*8C99,CEU=3!N9DE),VM)-$A(>5)U8VY!-'@Q M27)+5'AD;V-U:`T*=S9V83,S,G5W;FUE,V=E,&EK;F$T:U)M5FA%:4M7:W@U M8FY+9VIA<&(W;WI7,TYB47IY45-447AY4U%/6DE79%%41WA5%)Q5C5C;RMM,T-Z3$1..70X M=#%H2V59-%`R;4@W<6Y'-#5X=&)#=4]X-EIP9"]B80T*<%EX6&QJ3#5K16U1 M0U9+'596DE4 M8U@Y.61X<$MP4B]+;74U<%EY>0T*;FQ356135EE":&Y"04E)7)H9U=U<%92;S1L1U!M M2E=61'AK00T*6DI),G1J8GA81V9%;$ER4%%)-6)E=W5:6EHY63`V-&U&:EI3 M5'E0-59Z03=Y3TEL6FII2T@W>#=+<3ED;V]U339.=%@P.61E:C!5,PT*8U@Y M<7E7>EAG=&=C=4E66E5,;C!'-6=";G)Z:D\P-'8T%%)5$9E0R]T;68X:W8P=CA!-T1%6"]O:65V93A6-$PK,EHO>5,O4R\K M=WA&+S9);G!3,DMJ=65P9@T*0W(O:VPO9R\O#9L8V1J-TUO%=06EV:E`O M:'%8>'0O,$,O1&XO9U!0+SA!2'%0*T=P9DB\X00T*>#9J+T%)86PX8F8Y079W-2]W M0T$X+SA!.&5O=49J-TUO`T*="\P0R]$;B]! M241Z+W=$>#9I-%=0B]!3T=P9D'0O,$,O1&XO9U!0+W=$2'%,:%DK M>DM+*TTO*T=P9DDM+*TTO.$%H<5AX="\P0R]$;B]!241Z+W=$>#9J+VAQ M6'AT+W="079W-2\T1'HO05!X-FDT5U!S>6EV:E`X00T*-&%L.&)F.$%13#A/ M9BM!."]W1#AE;R\T86PX8F8Y079W-2\T1'HO+T%"-FDT5U!S>6EV:E`O:'%8 M>'0O,$,O1&XO9U!0+SA!2'%0*PT*1W!F1S,O44PX3V8K03@O+T%-96]U1FHW M36]R-'HO-&%L.&)F.4%V=S4O-$1Z+SA!>#9J+T%)86PX8F8Y079W-2]W0T$X M+SA!.&5O=0T*1FHW37)W6#ES,R]K;"ML+SEH;4PO=T)%5#$U8B]W04Y3*TYV M*V=8-&,O.$%!968O04]05GE0>$XK32]I2#1I-D1"<$]T,F5K=U70P M'1087)T7S&UL/@T*+2TM+2TM/5].97AT4&%R=%\W-V(Y D96(P8U\R-3`Q7S0W961?8F(W-U\V-6,S.68V-F0Y-3,M+0T* ` end XML 11 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
MainStay Marketfield Fund (Prospectus Summary) | MainStay Marketfield Fund
MainStay Marketfield Fund
Investment Objective
The Fund seeks capital appreciation.
Fees and Expenses of the Fund
The table below describes the fees and expenses that you may pay if you buy and
hold shares of the Fund. You may qualify for sales charge discounts if you and
your family invest, or agree to invest in the future, at least $50,000 in the
MainStay Funds. This amount may vary depending on the MainStay Fund in which you
invest. More information about these and other discounts is available from your
financial professional and in the "Information on Sales Charges" section starting
on page 23 of the Prospectus and in the "Alternative Sales Arrangements" section
on page 62 of the Statement of Additional Information.
Shareholder Fees (fees paid directly from your investment)
Shareholder Fees MainStay Marketfield Fund
Investor Class
Class A
Class C
Class I
Class R2
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.50% 5.50% none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the original offering price or redemption proceeds) none [1] none [1] 1.00% none none
[1] A contingent deferred sales charge of 1.00% may be imposed on certain redemptions made within one year of the date of purchase on shares that were purchased without an initial sales charge.
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses MainStay Marketfield Fund
Investor Class
Class A
Class C
Class I
Class R2
Management Fees (as an annual percentage of the Fund's average daily net assets) 1.40% 1.40% 1.40% 1.40% 1.40%
Distribution and/or Service (12b-1) Fees 0.25% 0.25% 1.00% none 0.25%
Dividend Expense on Securities Sold Short 0.66% 0.66% 0.66% 0.66% 0.66%
Broker Fees and Charges on Short Sales 0.21% 0.21% 0.21% 0.21% 0.21%
Remainder of Other Expenses 0.30% 0.14% 0.30% 0.14% 0.24%
Total Other Expenses 1.17% 1.01% 1.17% 1.01% 1.11%
Acquired (Underlying) Fund Fees and Expenses 0.04% 0.04% 0.04% 0.04% 0.04%
Total Annual Fund Operating Expenses [1] 2.86% 2.70% 3.61% 2.45% 2.80%
[1] Effective October 5, 2012, New York Life Investment Management LLC ("New York Life Investments") has contractually agreed to waive fees and/or reimburse expenses so that Total Annual Fund Operating Expenses (excluding taxes, interest, litigation, extraordinary expenses, brokerage and other transaction expenses relating to the purchase or sale of portfolio investments, and acquired (underlying) fund fees and expenses) for Class I shares do not exceed 1.56% of its average daily net assets. This agreement will be in effect for a two-year period unless extended by New York Life Investments and approved by the Board of Trustees.
Example
The Example is intended to help you compare the cost of investing in the Fund
with the cost of investing in other mutual funds. The Example assumes that you
invest $10,000 in the Fund for the time periods indicated and then redeem all
of your shares at the end of those periods (except as indicated with respect to
Class C shares). The Example also assumes that your investment has a 5% return
each year and that the Fund's operating expenses remain the same.
Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example MainStay Marketfield Fund (USD $)
Investor Class
Class A
Class C
Class I
Class R2
Expense Example, with Redemption, 1 Year
823 808 464 248 283
Expense Example, with Redemption, 3 Years
1,387 1,342 1,106 764 868
Expense Example, with Redemption, 5 Years
1,976 1,901 1,869 1,306 1,479
Expense Example, with Redemption, 10 Years
3,560 3,415 3,871 2,786 3,128
Expense Example, No Redemption (USD $)
Expense Example, No Redemption, 1 Year
Expense Example, No Redemption, 3 Years
Expense Example, No Redemption, 5 Years
Expense Example, No Redemption, 10 Years
MainStay Marketfield Fund Class C
364 1,106 1,869 3,871
Portfolio Turnover
The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover may
indicate higher transaction costs and may result in higher taxes when Fund
shares are held in a taxable account. These costs, which are not reflected in
annual fund operating expenses or in the Example, affect the Fund's performance.
During the most recent fiscal year, the Fund's portfolio turnover rate was
138.22% of the average value of its portfolio.
Principal Investment Strategies
To achieve the Fund's investment objective, Marketfield Asset Management LLC,
the Fund's Subadvisor, will allocate the Fund's assets among investments in
equity securities, fixed-income securities and other investment companies,
including exchange traded funds ("ETFs"), in proportions consistent with the
Subadvisor's evaluation of their expected risks and returns.

The Fund's equity securities investments may include common and preferred stocks
of United States companies of any size. The Fund may invest up to 50% of its net
assets in equity securities of foreign companies of any size, including up to
35% of its net assets in securities issued by corporations or governments
located in developing or emerging markets. The Fund's investments in foreign
securities may include, but are not limited to, American Depositary Receipts
("ADRs"), European Depositary Receipts ("EDRs") and Global Depositary Receipts
("GDRs"). Also, with respect to 50% of the Fund's net assets, the Fund may engage
in short sales of securities to profit from an anticipated decline in the price
of the securities sold short.

Under normal market conditions, the Fund's investments in fixed-income securities
consist of investment grade corporate bonds and debentures, mortgage-backed and
asset-backed securities, United States Treasury obligations, municipal securities,
obligations issued by the U.S. Government and its agencies or instrumentalities
and convertible securities. However, the Fund may invest up to 30% of its net
assets in fixed income securities that are below investment grade. Below
investment grade securities are generally securities that receive low ratings
from independent rating agencies, such as rated lower than BBB- by Standard
& Poor's ("S&P") and Baa3 by Moody's Investor Service, Inc. ("Moody's"), or
if unrated, are determined to be of equivalent quality by the Subadvisor. If
independent rating agencies assign different ratings to the same security,
the Fund will use the higher rating for purposes of determining the security's
credit quality. Securities that are rated below investment grade by independent
rating agencies are commonly referred to as "high yield debt" or "junk bonds.
" The fixed-income securities in which the Fund invests may have maturities of
any length and may have variable and floating interest rates. The Fund may also
invest in zero-coupon bonds, without limitation.

In addition, the Fund may invest up to 50% of its net assets in equity or
fixed-income options, futures contracts and convertible securities and may
invest up to 30% of its net assets in swap agreements. The Subadvisor shall
manage the Fund so that the Fund will not be deemed to be a "commodity pool
operator" under the Commodity Exchange Act.

Investment Process. When reviewing investment opportunities for the Fund,
the Subadvisor considers various factors, including macroeconomic conditions,
corporate earnings at a macroeconomic level, anticipated inflation and interest
rates, consumer risk and its perception of the outlook of the capital markets as
a whole. A macroeconomic strategy focuses on broad trends and is generally
distinguished from a strategy that focuses on the prospects of particular companies
or issuers. The Subadvisor may allocate the Fund's investments between equity and
fixed-income securities at its discretion, without limitation.

Security selection for the Fund is driven by the Subadvisor's top-down analysis
of economic issues, the Subadvisor's perception of investor sentiment and
investment flows. Once the Subadvisor has identified a theme that is expected
to either benefit or disadvantage a specific sector or country, it seeks to
implement an investment strategy that is appropriate for the Fund. In some
cases, the Subadvisor may utilize a sector- or country-specific ETF that offers
exposure to a broad range of securities. In other situations, the Subadvisor may
select a single issue that is perceived by the Subadvisor to be particularly
germane to a specific concern or a small group of issues with characteristics
that match the goal of creating portfolio exposure to a macroeconomic theme.

The Subadvisor may sell a security if it no longer believes the security will
contribute to meeting the investment objective of the Fund or when the security
is deemed less attractive relative to another security on a return/risk basis.
The Subadvisor may also sell or reduce a position in a security if it sees the
investment theme failing to materialize.
Principal Risks
Loss of Money Risk: Before considering an investment in the Fund, you should
understand that you could lose money.

Market Changes Risk: The value of the Fund's investments may change because of
broad changes in the markets in which the Fund invests, which could cause the
Fund to underperform other funds with similar objectives. From time to time,
markets may experience periods of acute stress that may result in increased
volatility. Such market conditions tend to add significantly to the risk of
short-term volatility in the net asset value of the Fund's shares.

Management Risk: The investment strategies, practices and risk analysis used by
the Fund's Subadvisor may not produce the desired results.

Equity Securities Risk: Investments in common stocks and other equity securities
are particularly subject to the risk of changing economic, stock market, industry
and company conditions and the risks inherent in the portfolio manager's ability
to anticipate such changes that can adversely affect the value of the Fund's
holdings. Opportunity for greater gain often comes with greater risk of loss.

Convertible Securities Risk: Convertible securities may be subordinate to other
securities. In part, the total return for a convertible security depends upon
performance of the underlying stock into which it can be converted. Also, issuers
of convertible securities are often not as strong financially as those issuing
securities with higher credit ratings, are more likely to encounter financial
difficulties and typically are more vulnerable to changes in the economy, such
as a recession or a sustained period of rising interest rates, which could affect
their ability to make interest and principal payments. If an issuer stops making
interest and/or principal payments, the Fund could lose its entire investment.

Foreign Securities Risk: Investments in foreign securities may be riskier than
investments in U.S. securities. Differences between U.S. and foreign regulatory
regimes and securities markets, including less stringent investor protections
and disclosure standards of some foreign markets, less liquid trading markets,
as well as political and economic developments in foreign countries, may affect
the value of the Fund's investments in foreign securities. Foreign securities
may also subject the Fund's investments to changes in currency rates.

Emerging Markets Risk: The risks related to investing in foreign securities
are generally greater with respect to securities of companies that conduct
their business activities in emerging markets or whose securities are traded
principally in emerging markets. The risks of investing in emerging markets
include the risks of illiquidity, increased price volatility, smaller market
capitalizations, less government regulation, less extensive and less frequent
accounting, financial and other reporting requirements, risk of loss resulting
from problems in share registration and custody, substantial economic and
political disruptions and the nationalization of foreign deposits or assets.

Mid-Cap Stock Risk: Stocks of mid-cap companies may be subject to greater price
volatility, significantly lower trading volumes, cyclical, static or moderate
growth prospects and greater spreads between their bid and ask prices than
stocks of larger companies. Because these businesses frequently rely on narrower
product lines and niche markets, they can suffer isolated setbacks.

Small-Cap Stock Risk: Stocks of small capitalization companies may be subject to
greater price volatility, significantly lower trading volumes, cyclical, static
or moderate growth prospects, and greater spreads between bid and ask prices
than stocks of larger companies. Small-capitalization companies may be more
vulnerable to adverse business or market developments.

Short Selling Risk: If a security sold short increases in price, the Fund may
have to cover its short position at a higher price than the short sale price,
resulting in a loss. The Fund may have substantial short positions and must
borrow those securities to make delivery to the buyer. The Fund may not be
able to borrow a security that it needs to deliver or it may not be able to
close out a short position at an acceptable price and may have to sell related
long positions before it had intended to do so. Thus, the Fund may not be able
to successfully implement its short sale strategy due to limited availability of
desired securities or for other reasons.

The Fund also may be required to pay a premium and other transaction costs, which
would increase the cost of the security sold short. The amount of any gain will
be decreased, and the amount of any loss increased, by the amount of the premium,
dividends, interest or expenses the Fund may be required to pay in connection with
the short sale.

Until the Fund replaces a borrowed security, it is required to maintain a
segregated account of cash or liquid assets with the Fund's custodian to cover
the Fund's short position. Generally, securities held in a segregated account
cannot be sold unless they are replaced with other liquid assets. The Fund's
ability to access the pledged collateral may also be impaired in the event the
broker fails to comply with the terms of the contract. In such instances the
Fund may not be able to substitute or sell the pledged collateral. Additionally,
the Fund must maintain sufficient liquid assets (less any additional collateral
pledged to the broker), marked-to-market daily, to cover the short sale obligations.
This may limit the Fund's investment flexibility, as well as its ability to meet
redemption requests or other current obligations.

Because losses on short sales arise from increases in the value of the security
sold short, such losses are theoretically unlimited. By contrast, a loss on a
long position arises from decreases in the value of the security and is limited
by the fact that a security's value cannot go below zero.

By investing the proceeds received from selling securities short, the Fund could
be deemed to be employing a form of leverage, which creates special risks. The
use of leverage may increase the Fund's exposure to long positions and make any
change in the Fund's net asset value greater than it would be without the use
of leverage. This could result in increased volatility of returns. There is no
guarantee that the Fund will leverage its portfolio, or if it does, that the
Fund's leveraging strategy will be successful or that it will produce a higher
return on an investment.

Regulatory authorities in the U.S. or other countries may prohibit or restrict
the ability of the Fund to fully implement its short-selling strategy, either
generally or with respect to certain industries or countries, which may impact
the Fund's ability to fully implement its investment strategies.

Depositary Receipts Risk: Investments in depositary receipts may entail the
special risks of foreign investing, including currency exchange fluctuations,
government regulations, and the potential for political and economic
instability.

Debt Securities Risk: The risks of investing in debt securities include (without
limitation): (i) credit risk, i.e., the issuer may not repay the loan created by
the issuance of that debt security; (ii) maturity risk, i.e., a debt security
with a longer maturity may fluctuate in value more than one with a shorter
maturity; (iii) market risk, i.e., low demand of debt securities may negatively
impact their price; (iv) interest rate risk, i.e., when interest rates go up,
the value of a debt security goes down, and when interest rates go down, the
value of a debt security goes up; (v) selection risk, i.e., the securities
selected by the Subadvisor may underperform the market or other securities
selected by other funds; and (vi) call risk, i.e., during a period of falling
interest rates, the issuer may redeem a security by repaying it early, which
may reduce the Fund's income, if the proceeds are reinvested at lower interest
rates.

Additional risks associated with an investment in the Fund include the
following: (i) not all U.S. government securities are insured or guaranteed by
the U.S. government--some are backed only by the issuing agency, which must rely
on its own resources to repay the debt; and (ii) the Fund's yield will fluctuate
with changes in short-term interest rates.

High-Yield Securities Risk: Investments in high-yield securities (commonly
referred to as "junk bonds") are sometimes considered speculative because they
present a greater risk of loss than higher quality securities. Such securities
may, under certain circumstances, be less liquid than higher rated securities.
These securities pay investors a premium (a high interest rate or yield) because
of the increased risk of loss. These securities can also be subject to greater
price volatility. In times of unusual or adverse market, economic or political
conditions, these securities may experience higher than normal default rates.

Floaters and Variable Rate Notes Risk: Floaters and variable rate notes provide
for a periodic adjustment in the interest rate paid on the securities. The rate
adjustment intervals may be regular and range from daily up to annually, or may
be based on an event, such as a change in the prime rate. Floating and variable
rate notes may be subject to greater liquidity risk than other debt securities,
meaning that there may be limitations on the Fund's ability to sell the
securities at any given time. Securities with floating interest rates generally
are less sensitive to interest rate changes, but may decline in value if their
interest rates do not rise as much or as fast as interest rates in general. Such
securities also may lose value.

Other Investment Companies Risk: The Fund may invest in other investment
companies, including open-end funds, closed-end funds, and ETFs.

The Fund may purchase the securities of another investment company to temporarily
gain exposure to a portion of the market while awaiting purchase of securities or
as an efficient means of gaining exposure to a particular asset class. The Fund
might also purchase shares of another investment company to gain exposure to the
securities in the investment company's portfolio at times when the Fund may not
be able to buy those securities directly. Any investment in another investment
company would be consistent with the Fund's objective and investment program.

The risks of owning another investment company are generally similar to the
risks of investment directly in the securities in which that investment company
invests. However, an investment company may not achieve its investment objective
or execute its investment strategy effectively, which may adversely affect the
Fund's performance. In addition, because closed-end funds and ETFs trade on a
secondary market, their shares may trade at a premium or discount to the actual
net asset value of their portfolio securities and their shares may have greater
volatility because of the potential lack of liquidity.

Exchange Traded Fund Risk: The risks of owning an ETF generally reflect the risks
of owning the underlying securities they are designed to track, although lack of
liquidity in an ETF could result in it being more volatile than the underlying
portfolio of securities. Disruptions in the markets for the securities underlying
ETFs purchased or sold by the Fund could result in losses on the Fund's investment
in ETFs. ETFs also have management fees that increase their costs versus the costs
of owning the underlying securities directly.

Zero Coupon Bond Risk: Because zero-coupon securities bear no interest and
compound semi-annually at the rate fixed at the time of issuance, their value
generally is more volatile than the value of other fixed income securities. An
investment in zero-coupon and delayed interest securities may cause the Fund to
recognize income, and therefore the Fund may be required to make distributions
to shareholders before the Fund receives any cash payments on its investment.

Mortgage-Backed/Asset-Backed Securities Risk: Prepayment risk is associated
with mortgage-backed and asset-backed securities. If interest rates fall, the
underlying debt may be repaid ahead of schedule, reducing the value of the
Fund's investments. If interest rates rise, there may be fewer prepayments,
which would cause the average bond maturity to rise, increasing the potential
for the Fund to lose money. The value of these securities may be significantly
affected by changes in interest rates, the market's perception of issuers, and
the creditworthiness of the parties involved. The ability of the Fund to
successfully utilize these instruments may depend on the ability of the
Subadvisor to forecast interest rates and other economic factors correctly.
These securities may have a structure that makes their reaction to interest
rate changes and other factors difficult to predict, making their value highly
volatile.

Municipal Bond Risk: Municipal bond risks include the ability of the issuer to
repay the obligation, the relative lack of information about certain issuers,
and the possibility of future tax and legislative changes, which could affect
the market for and value of municipal securities. Municipalities continue to
experience economic and financial difficulties in the current economic
environment. The ability of a municipal issuer to make payments and the value
of municipal bonds can be affected by uncertainties in the municipal securities
market. Such uncertainties could cause increased volatility in the municipal
securities market and could negatively impact the Fund's net asset value.

Derivatives Risk: Derivatives are investments whose value depends on (or is
derived from) the value of an underlying instrument, such as a security, asset,
reference rate or index. Derivative strategies often involve leverage, which
may exaggerate a loss, potentially causing the Fund to lose more money than it
would have lost had it invested in the underlying instrument. Derivatives may
be difficult to sell, unwind or value. Derivatives may also be subject to
counterparty risk, which is the risk that the counterparty (the party on the
other side of the transaction) on a derivative transaction will be unable to
honor its contractual obligations to the Fund. Swap transactions tend to shift
the Fund's investment exposure from one type of investment to another, and
therefore entail the risk that a party will default on its payment obligations
to the Fund.

Futures may be more volatile than direct investments in the instrument
underlying the futures, and may not correlate perfectly to the underlying
instrument. Futures also may involve a small initial investment relative to the
risk assumed, which could result in losses greater than if they had not been
used. Due to fluctuations in the price of the underlying security, the Fund may
not be able to profitably exercise an option and may lose its entire investment
in an option. Forward commitments entail the risk that the instrument may be
worth less when it is issued or received than the price the Fund agreed to pay
when it made the commitment. The use of foreign currency forwards may result in
currency exchange losses due to fluctuations in currency exchange rates or an
imperfect correlation between portfolio holdings denominated in a particular
currency and the forward contracts entered into by the Fund.

Tax Risk: The Fund's investments and investment strategies, including
transactions in options and futures contracts, may be subject to special and
complex federal income tax provisions, the effect of which may be, among other
things: (1) to disallow, suspend, defer or otherwise limit the allowance of
certain losses or deductions; (2) to accelerate income to the Fund; (3) to
convert long-term capital gain, which is currently subject to lower tax rates,
into short-term capital gain or ordinary income, which are currently subject to
higher tax rates; (4) to convert an ordinary loss or a deduction into a capital
loss (the deductibility of which is more limited); (5) to treat dividends that
would otherwise constitute qualified dividend income as non-qualified dividend
income; (6) to produce income that will not qualify as good income under the
gross income requirements that must be met for the Fund to qualify as a
regulated investment company (a "RIC") under Subchapter M of the Internal
Revenue Code of 1986, as amended (the "Code"). Furthermore, to the extent that
any futures contract or option on a futures contract held by the Fund is a
"section 1256 contract" under Section 1256 of the Code, the contract will be
marked to market annually, and any gain or loss will be treated as 60% long-term
and 40% short-term, regardless of the holding period for such contract. Section
1256 contracts include Fund transactions involving call options on a broad-based
securities index, certain futures contracts and other financial contracts.
Past Performance
The following bar chart and tables indicate some of the risks of investing in
the Fund. The bar chart shows you how the Fund's calendar year performance has
varied over the life of the Fund. Sales loads are not reflected in the bar
chart. If they were, returns would be less than those shown. The average annual
total returns table shows how the Fund's average annual total returns (before
and after taxes) for the one-year period and life of the Fund compare to those
of a broad-based securities market index. The Fund has selected the S&P 500®Index
as its primary benchmark. The S&P 500® Index is widely regarded as the standard
index for measuring large-cap U.S. stock market performance.

The performance figures for Class I shares reflect the historical performance of
the then-existing shares of Marketfield Fund (the predecessor to the Fund, which
was subject to a different fee structure, and for which a predecessor entity to
Marketfield Asset Management LLC served as investment advisor) for periods prior
to October 5, 2012. Performance figures for all other share classes reflect the
historical performance of Class I shares and are adjusted to reflect differences
in fees and expenses. Performance data for the classes varies based on differences
in their fee and expense structures. The Fund commenced operations on July 31, 2007.
Unadjusted, the performance for the newer classes might have been different. Past
performance of Marketfield Fund (before and after taxes) is not necessarily an
indication of how the Fund will perform in the future. Please visit
mainstayinvestments.com for more recent performance information.
The bar chart shows you how the Fund's calendar year performance has varied
over the life of the Fund. Sales loads are not reflected in the bar chart.
If they were, returns would be less than those shown.
Annual Returns, Class I Shares (by calendar year 2008-2011)
Bar Chart
Best Quarter    
2Q/09    15.89%
Worst Quarter   
4Q/08   -13.05%

As of June 30, 2012, the Class I shares of the Fund had a year-to-date return of
8.77%.
Average Annual Total Returns (for the periods ended December 31, 2011)
Average Annual Total Returns MainStay Marketfield Fund
Label
1 Year
Since Inception
Investor Class
Return Before Taxes Investor Class (2.25%) 6.36%
Class A
Return Before Taxes Class A (2.25%) 6.36%
Class C
Return Before Taxes Class C 1.67% 6.93%
Class I
Return Before Taxes Class I 3.70% 8.00%
Class I After Taxes on Distributions
Return After Taxes on Distributions Class I 3.70% 7.98%
Class I After Taxes on Distributions and Sales
Return After Taxes on Distributions and Sale of Fund Shares Class I 2.40% 6.92%
Class R2
Return Before Taxes Class R2 3.34% 7.62%
S&P 500®Index
S&P 500® Index (reflects no deductions for fees, expenses, or taxes) 2.11% (1.09%)
After-tax returns are calculated using the historical highest individual federal
marginal income tax rates and do not reflect the impact of state and local taxes.
In some cases, the return after taxes may exceed the return before taxes due to
an assumed tax benefit from any losses on a sale of shares at the end of the
measurement period. Actual after-tax returns depend on your tax situation and
may differ from those shown. After-tax returns are not relevant if you hold
your shares through tax-deferred arrangements, such as 401(k) plans or individual
retirement accounts. After-tax returns shown are for Class I shares. After-tax
returns for the other share classes may vary.
ZIP 12 0001144204-12-055694-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001144204-12-055694-xbrl.zip M4$L#!!0````(`!)[2T',7#N^0SD``/]6`0`9`!P`8VLP,#`Q-#8Y,3DR+3(P M,3(Q,C,Q+GAM;%54"0`#\QQW4/,<=U!U>`L``00E#@``!#D!``#,7%MW&S>2 M?L\Y^0]8[CI'WD-2O.J66'.H6Z)=V_%(\B2S+SY@-TABU&QP@&Y)S,/\]JTJ MH+N!;E+6.$X.'V8BDVATH:Y?%:KXPU^>E@E[$-I(E;YI];N]%A-II&*9SM^T M[T^IUJ>:K2-%]N/DNS;+X.EV<:E8[LT:X$6,49ZE)P8XO:-F#$2Z@G2^J9E MY'*5(.OI,ZXCK1+Q,O6A)Q9:S-ZT?)%U"L%TGTS\!5KV<@7>M\<#^9X4#N$. M#L4BE6;B*;M!RH1*/B%M_=%HT!MUD-_CX?!@\.GV[N)3_Q/1"@S[!*Y*QF]: M,OXT'/0.QOU/D\O+JXO+@[/.T>CPK#/JG5]U)OW1I#.XF!Q<'A[V89<>;#!L MG8Z.QF/6J?59`]"VD-2`J(KFRS23 MV?H<%FB>7*>Q>/I?L?XZ-!^-1U?]X>6XTQ^.CSJCJZMQYWA\=M3I]P?'P\/+ M\5'_'&GNMTXKM;(T;R2JR>?+V4Q$F7P0?SJ?^X[/O>/.X##D M[2KA\S^5SZ/6Z8PG1E@J`SJ:ZE`$[S]=&WK;M<&GR5*L]0E$.+,")'9!XEJCH_LOH_730&PP&1T^=X^.C MWO%H3/\>EO\>U<_3.S@Z!O7M=T;#"6CU8>^B+1@W\,_E4AK$ MAO#AXT*D3&9LFL-#`%N9$4EB<->I9ONX+\3S7,M,"L/VE&:M#-AB&#(&*`=4 MMRKX]1K`'EL`U!.Z^I!ECHMLR=?^MC*-981*X)YH$$S4P$-,"Y,G&9-IN90_ M`3%$.1XX(';!83F#_V,+D<3X$,?U?)H(QJ,(@&_69<`J(PJV/"XD\@6>2%4& M+YLEH!,"'_4WYH"F>,)FR&"U0K@.H)^)IY5(#;P0&`.ORD`$ET\<$4>;<7*' M]!E1R5?*?`_L$GJF]!(!8==_P04P&7;$Y4L@#`B)P(K83)H(WKL67+>;>S6Y M3'G$(P\DV!\>=0>#5TS-:`<.Z_A>Y`(_#*1(1.U;E;)FLM4>2I.YM&QP M1_]%9HL;$8OE"H5YAZS?61,Z3"O]A6C(Y@ MV`+7\D,O!I?K<#-2<()#;^S]:1;W,Y[KM$K/^RNW@[Z=9XXTAFHB@12`>_' M+%,8NE9LK7*K*1"9T&UCN")OG3X(0]''19QZ#'P$2]_^A,HPA"[SK`AGAN)A M20JH+N`W`!`+GB$-8.<@62CH?>?T^I2_2D]?*\N1)P3;+I2^DH(XYXW=X22=LP$#L`$',0R M@+?`PSKB#6G0#.AOEZQJ(ZPBL$>,>`50!VCA10/ MHJ%+GE*JPC>VV3NN[T4VDXAV)\:(##Y)`=[1NK=OS]N^QM:WO,VG/'Z01@&X M?)1@DV"7BE!Y?27'K>$_2T5NI*#$U&"R^&<.@9)5.4,;$.R3B#LR!5\FO"_( M9JPS\@Y&#B_%YT*_$R5Y;*TH6O`4P"N(%YTE.3"VU[J\NS*MUVUT22NM$,R2 M3H&H#23VN'/A%?U]J^,7QQ0(BFTAW*)EJ4D=*2/0TMQ;NJTO,`&`#_S978U] M#;X$/,0LQYY14'8&;\>W0'"<"0T>$U`.**ZI.Z\*\)^*+,AUK*R!ETVRX0DP5"'GZ>8WMEDE+'J/ MO_%P[+^25>_Q^0+.&$XU19BD09#<2A(\P1R3CY0XYF]J%992O1C,)E$K?#>L M!Q/0<_Q[229B*F8T+8JH<`?;DOQZ0FI#NIR5*6,BER2(3+79A$KC/&47`EX! M(`?@W@UDYJ"O8O,3J-BTC-3AQT1-(69_=N3&J M78^,A=CK]EW)HTHSZ<@BG6.R&)HC!%,P,8A?B96^QR9X!5C@3$+JJA4$>E3E M3$9R14**14277RX``B*.1!T(4&2L-C0*/!N];[NY?830H$$8D%R)./W=LN M^[&T*R(,K1-H32-9U#5,IJFDQY,F6_`)8`WLD$FLL50T=-E/ZA$,4M<4*G!" MP\`)-9E2B8XK6%G5WS19`NR#I2R(9NSL[*R#$KFE>V,= MZL9W``._Q_^Q#ZJ*4WNMV_*+#\X_G'$^Q&W>*16OBX77=&`0XZW0#V!L[E9V MK^6O0C\$2P)&S5B>$J5M8DPL,J&78+J4H$RI;H31`>(E'O:?.2K'NM"K*K!V MV?6L)H&M+$('A($EEC.(>]4"Q!AKG(P M56.]5G&FHNY6[%SP+C!_",.R/&<7V-E40RO8S3>P+%O[+'EGB;:A;L%! MV9<\\P)_:/=K!I*?0W`IZK3TQ`/7TA9;,2E,%'=Y)W`:K1Y99&JHA'*P#6DF MT/>;T*H3J7P%B(B.9^.9REW4K2H'&\/"-02?V`:!YYQ0B(18`_Z`V?F&[K-3 MK9P7GN7DZRFYT#QRY>O-GK'@V(8S;_2*'DYZY"O0$RT(WCM&5L:&.6Z2^-LN M*1>HSFY4F*=:!!BD<9Y!G`:`3U$.J(@46U`8_0]`,>0RAJ M`X6&%%/E\"@(1VGCX]0EC[02L%0M9>3CAC#^%S$>$OZ4O!*:?>WA!!%H.X`\ M,ITE-J.@Z.HLH6;_&!^05FRMH#RC#,7`:2QW5!D)`^U/E+HO_ED4TQS*96'M MGX.-JT3@U4Q(J7$),O`RRLDA@HEIQ4'^X'H=B)&FBHC^KK&D>E(NS0*3,`)Z MU8ZD8=ZV%NG9$BDYDA4'FXCRA&LOB0CT2UN@HILJ;CW&EBS5QW53D3T*41IQ M'7-M34LS8CN<$%R^]1S_CLMQ<0'Q`Q8Y4&R^LB)'8PTX(FV&RN(0F5IU8O6( M^L*3-8#.&CXN14@L>`ZVC%`4 M2";9;@Z^%.(\/&#KQF$V29T][B2^JPCU$(C",K."5`,UQA<&8!-PJ2#_P,ZY M:?*4M"[/9`(9+A)+-'8\(CLE_9=W5_;%"D%,(#M@C@+\+BB4.V/3Y"B#%(K( MLI41R/-R[N4P(45AHHKJAK2!75)%&72CY`#I`FA=W-0ZY^XKDPPM?2[PKM*1 M7!X2-#""G`$9`)\NL9H[UQ"F2=-(*VW>"7$`@R'DQ.`O(A,Z:B`-\(7#'W,% M+@R>CJAM`)QR=;<9LBWT8J1]SY=A:E+$^VTK0FNG$N,LEB(3!9)`%4VP^F8" M1$AALI8-9EI.\XRH6@J1%2!R4Y7.3[B19W1U'2!.7ZU-$8@AN49_1'@"=]$B MH5(F,2)U&E)0B/'%U:7V*8!,.;B.[F>X0=B+6`(?:*RLHGY3@0$=!UV?UU@% MIFCJA33OT-8?S#C8"G)$H8Q!_AQ-IU'KWEZE+0NY-W"6&SK63X)3N-ZQ^FV_ M=?J.RQ22MW50C$5ATR$;)ZA?8)V!SM^O%$"#"X@ZZ%!VKV[?.OV[RDEE*`6: MKHKNKKR;TPVL''+5>&.:M*@USIU%&ZX":HKSX>JD83NBC]" MW/H)\UV378D8,=O-%_=8_8&*-&B=3F;@$3H9?RKJZ#;CY0G&'P0/N2F\Z4(B M:)'8`K.P9Z-+OP<9T_6E/2?H$8#?N02X5%2):',JFE$M3OF]/=9-VRMX#+Q8 M7*-E""H3>^%D%>ME+&[>S>^J?K5.O:2KI#:\;7]&S3Z`/5XH8=ZK[-K=O%Z1 MN>[:04?#UBD2ZS=;H:CK[IGM3046_4GZ'+722O\U8B;4F%1@7@J9(WBO;[\A MF$GG=J!ZH1YKF;1[8>C-&LJTE9%!U'NKC'BGTB]M2OX#;RR/6J=GEG%%?DWU MJP"%>\T!;8H&!G(HX#L5#&A"IKQO1Q"=H/D9['V#`W?+N%GR(.#,CMK7$*+D M!V"%K<8CH:8\2-VLJ%$(,G-@!EYBG_.5ZWSP-<&36=4J^)+1K:3>S3CV0!4W&R(?`'7-D:_N&9A*?DFBB^ MWO&GGRPM.\;'@S&&(V%[_?@4"1'[*YS+MDOBW&5#Z)ZIC2>F MV%\4&MP=Y!J=BZM&<4*M%/DW-QN!$Z)[-EM;^/8;VWBT&1%LY?KV=O(_$I5A M?93V7`'Y+;QME9"MW^/5()CVN\.CP6!S.W``@>K\@0AW(Q*!=9X[!TRS;C M78M(+6^*C`D=9=`(ERTT^1O(E/A3)RZXA^ER:GM\O(O%4:^_=_^:H4:ZF]L2 M*6,ILU1HUP>_!>1N$UFC27A'HS`\>SJQW?HVZP8.V1[`:W9KN;J'W25X<1ES M;1OX!KW>$8VPO@Z:<.M1N^P:MN#MQB84MY@%OU4\WKFT?02(A*@#_X?D;9IR M((\WQ5(\GHSN:^&3-8/H!7EXH;%%@+)%*;JVMEIN=3S@VC;N--@X2>.Z]NVH M4@V/74;AT1N<>?M1ME=[WLE4+O-EE9/=X%T%F-IDB?;YAP<)-\W\Z>/MA1\K M&A-6+V?38>MTC+WTF\LRGSGOUB!R#L$;&+FS'9R'QWX'Y]>N;H37N5^YS%&_ M+O^JJ"SL%V!?#Y\%+/&PFD-J[,LC>I/Q7Z?T M%PKG.DER>Z]G_D8=)A+;<'Z>N0B_:QYAU&^=4NN-2B`-1',O`ZR=%4`65/,+ MUNR< M^@[^NM\[?NF#_7'WZ/B5__@O2K_X_=YC(WCKT?/+._UAMS=^Q;;>8DY('?XG M3P4;]MKTVRS6.X=V&]PR+CA>SB.V[62J@S_J4GAJ-?/W/NH>'KYJ6.LV#:E* MW<5<2S%]L:-%FWZ_3`:(+27=K"`7X M[,:ZUS8&E1R&8WK(WV5H\<8:QP$J.X)BO:<,/_T+RJPQ0:[U6I= M-#3>C;LD.CK[%L`WG0W1C=->((3]J67.[Y>O>B>9VO(LS=U[)SZ2(TCZ\[W MNL^U_B$*=2VH4Q%Q[`8/HY[MO8K<[NXT10/EUK[HXKTV>0+_:Q`5U$X M7!S`BK`9">"?,]BL]ML9D#'B^(@(A/2@L*/(=;1CHM&8G6$XE4PE]CAFV)V/ M_5^0W23KHBF?FHU"]M*T3@>;ZUGUAH+-94?S=EFZ/.09[2@G'"O-:'8`TM3% MBKJG(I)8P+8$?>R"4GB)WK6E5;4)X5+8V&P@.'X_`S)E[8+U1L; ML)1?>VHKTV+ZS\[[>2.2C4&\(+?68?\>Y(RD6#4)67VG*4K7/M>V+W)2QY;H M&!.(]88)'^S27?MZX2:Z7;HBTX6=V"@&NTH/:CO0RZY4EY34^T.KAFF;\!:F M28J,\W0@!'`G`@[G_:[*5@7R=\?\&]NUNP#^BAYRV[TTQUY#8.X M@K_D:(<,7;-V?9)OV_B#%H[=:$Z`=D#G<*QX!CQ((TGC5]PXP(%;(SE;IC)) M5.[2UTQ$"6R'MA'1;^7&>.+?C5RX*=L=Z#9E2.:63K%=;GD*)B MMX<\P99X/!3L6`LBUK36KFX3SK-1@R8VE%#["+7.@KEQ&JJRGAS%`/K6')D) M0X\S@9K?DKJT+FJ[O!?5)G:U[Y\"&@MCIYHH_YR.+^>.F):&I2C=5M[D]E3:@J4?? MJB[^U,FA*1!T^%O MZRA=0SZ$D\Q."IBZV\6.RL3V/ALW&VC';;%<5-!5OHI>D$B(%#&-QWNCS^V: M(CY2$S3^ZA..=&(Y&%]7=E6[.>H&QVVS.X55:AXF-:Q'SQ MD+4-RT5\>^8-H6G"=BC?M1M`VQZFBYGQ=PYP5?C"!CKJP;9#4D%];H-2UD-T M-5M:A);Z;'8X9U^-QM@H"+$WWVCU4[Q1H%YQ!)/E<%]]_MUVGE,2%_IB^UL* M060H#)RZ=K=,TF\N5-;7-G_'0=3*G(G561KI+%&J&PVOX&/;SAG0#\GAQN', M!HU`R=^*60DRA>KW`@K;I6D>^@[2,0')S8.[$<&/9AI`%BP.Q&9+Z'"U?6W#:2I/\*0A.S(6U0$N_#W>T(M=VSZUV[W6MY=F;VI0,B00G3$*$`0$E\ MF=^^E5==`&A9%F2"H8?IL4@05965E97YY;7`^^0"9$`!$]`'U4OA,<=928YL M?>-J:A2FHLEDEW)84$T!9!'*-MRB?,>+XS?A37".^@&=CW/25]4;K]6W:CLL MYC5:CNBDPOZXQ=7F2,>S-3A;FJ7:+53>PI2YS3R!]7;0O:4(`FIZNL!JVDX6 M2Y;>J:-FDM"`)C*-_$;]8V$D/Q^JF/+T0[63.-&\=*WD>M4)!,!;R6R0>J[M M0_5?.:&183-,[4TP;V,59AFLSSV!*9YVJ)9`TUVI^S\RTAY!&]#'\C6ZJ)2) M0I))[1Y4$MBR@^=PD+;L(27TN(=JVX:ZE+;V-OCF#?62`F5O`W]#.UMWM+R7 M7B:2MK@J]Y+H]25Z@&[H,+.C)K+]8F1U*H+,N6VW;!I6W#A7%S<0C!6CI9V> M8PIE:#&:4T$Y1&A/:3F_F-0]N"S1V9$Z77;K:L,I8RQ%.]FTQTWD64*+F>:7SB8KV) M,F]@3GAV1#UO%+_>HBLET4$P>+3`87@$],(6]OOD'<[=A)HPI(^&581=@9LV MND&'(%/7R:HN]L0]DUP9 M,&"K+->H!.A<2\,@N.TZV9)]_E(,)[P-XT3,$1<=$LS$UG8RM%_E4@WS]"'% ME4@9%-V?8TFP``THBE`^Z3I>7UO7=4517#*K[+<3]"TGB%*LN9">DQ)HU:5! MY@HI:(=K(2&F@"D!#N\">[*&T]$7L_M+U!FT'M21C$WS$*53X]HZGO%Z"ZFY M"S0[V&)+L\#R;UD[7T$RQ)]6*TY;1N745^[-SF\KQJ-$OAE,Z4A)B/@;GRVS M]93;&^?.3*`Z'AC%0>B:_$JX7U(M05+*4$4.\RN,M2:KAPLEZ`*(CK\%%:D8 M!!?+NFVPGWM23X+_$-V]8[.M*3%6&"2)%I<89YN`X,BP0`";3Q<4%X0$%]CBEG,W/93\#T!* MU$DF>TI=>P6I<]2A M:WP!;G:YT!7!%*/H.]6[*:UR3">>7(M)FT`ANL6Z#99)=!]?L&)EV?-8N\G" M@"*OIE*F"P#CD<-B+UKNDHU<./.K/>2BWYJX+;LD6*@,H"C@DDB6*E+"!ZH2 MH(U@912-Q^!"J"F$.!$DIPX273=*W]XP!T*"*2D;&$Q6>U_2''.:I`CE[9.4 MDA@\J'-42$A#<1'2%XS^(-M'KV11<)ERG2"H<+.%RAO+N":YG\Y1#>%R5%Q\ M(V>UT"Z;1@1T8;G27605?%&,D:2(_(8!N:V66,X$G/4:?D0%.Z="`(`]@Q&/ MTLEQ_:&_3?]8*N>9^]2IC&AE]WL*#2E"?X!&Y#`(N_;L\K=^%3NFMA@$J+"J M(Z7=VE+2`S'OO%2"3J8.2\,RSO"S"E^:[=X"Z);+0@)!LHB2"!WC:!U"CXF( M"S.XJ8.:7$XY=LR6IL3[14I1F6%)4-LDX-<0@L^Z&;X?3391Z;"R*NNUE+C( M3BW1],N!?WB<;"]P/=M^TE!I$*X5H4W!*5@R(JM&Z@BFB&RBIG&E!%M!Y0@` M+2T#C$:K-!14S%.KJ![KT\'TZ'`Y$F=K-#B7EG&Y>93A+<+^,=98+3243@?R M.0;<;E,M+/E<->5*-V8]J:NJ1E:BY@OS8"8/4GU'M;3$YRCG@-M(D19'-K2M MT55=GG69K.>Z=(E#YRI0+C>Z\$T*U5IA:*S65HE/NY"B4C*(HMN(=%&4W0KU M&"845G,KI1%N>@Y/"6:$Z9,\IP98'UR'%Q$S2'9C(,-%@VMW?5/2%_5E[U%,/0[![.G=BOBSYHWT M@'>`MK]S?:.FKV9OBD3Y[%+M`:'G*\OX8(4B.^K$A+088?OEMUJQ*C_@H@]O M@:0AL#,>%J@Z4" MRP/B>`,D3IQ$"+K%%<7QIK0DIN>W4;)O#3803;N\3]PG"_YE4'Q.:8IV3V/I!*GJQ&Y13E- M_4VHQ9I10'^!CF$)H@/40UVJ:R[A=&'\`\Z;;]2B,'FC,OZ$I#!CL5)SU7:@ M8A!7K?>TP^4:19^9Q]E\?D>'>XH/V1HK8]>"'LG#XUPH]D97V$RSW$+B M#DF[](2V8E^D^I$0Q5/&D2NUQNV$XP2EH3%6B$&."I>3Y^1T7!2(7-"FI5#] M=IU#J#-XQ!B[ES`I[7YS-!3'0G%K3^>EL!\KAD^:6@&UN8+U(EJ&8&I\@;?_ M`N55(>P&#MC_2N%5S"__-2TTFSN/Z?JL2/H5/J9D)`"'KD#*M'`'/^/BGVM7 MFKE;B-4@TI5W<[&;V#O4SKO42]1-:0(X4"6D?AI4&8_,*":Z%< M!.\B,N46%#41U#(95&'@&H[0CH>F=T(THCA70R/_2F!RU3LTM2.;N)14)KQ0 M/4W'C>V,0BY!3)9=%LD01K?4=31K+`D!RVJBI-#3H'0/+#P)+.X4,$8Q6U.K MM[K^)X@XBFH:FE^1 MCUJI&SGW@'%^H%[.,R9A6$<0\1R@=P:G4W_./N(66J63WFC?G[$D_-+"NM6. MT01<"2&-+BP[*KV)5L<0;XOZ5R=`W]'"_@38$WI=/,`Y@N:TNI.O!'5QHTND M@&"I^08YSJ)KJ':+A8\<\PVN#;<@(S?;T+4S2.54:@,4@;X+8ZKF*!-QFP5X M1E-V?DHEGI/@;+7QE,^* MM94Y<6.PL8JF*6Y/(UW6,M2Q\91^FZ6767B]G3>UQ:W41A*XM93W"O)ST#R1 MWY'-KA&/[]"EB6+_5K+C^\.B:J,<<821_U8O`U>WEZG*GDGO'@_)T23SXAFB M^PC#]JN!GPT@CO]DOLR@`=.V>BAE*GB!;EXE>@H*!IP6B5\&]QR&,.'\KHUD#EH+LY;K$!P84B0WVKSH)V*KU8H\-LLP MOJDMKC3WM-/E2MR/=P6W0=#Y)LM(XC%MCT8L=;S@7*YS'310BHC_XK9J05[+ M>?\79:G20+`GPL^IYCIQR-DM$ZSW7D"6X&ZK@75P;E;SDS[LC#Y5]WN!NZTLF^66L]=-_7>2 M8 MJ+I8S^4HV9=%W3UHQ897S0HLC(YK?2VC.XQXBW22@T,*O(WOW%1`W5L9L""# MJP,FAN]GF:&]N7+S^*:W[=>RTB5+&9!E8`$,4SO0TE&O45G@YFH&5:M":3G& MNKJ5`"7[='P1@D(/G1]WBD.N.,R1[UA0U7$X=?IOP6'_N=:3Y^@:=A":%."G MA9N^5#F;EU+;I>PDM%_IEKZ'TS[AP"W;XJ9'0)B=+*"';& M`'0S8[\O2(B_M*@/^OH`5B-A$FTC%(49(11F+38$3]6IP MVFMW+#.BP^/:CYCGL9D(%>+%@C\4\'\9YSR.QBG*&58^=[-MB^`8XD1\$JM: ML)T80C$RF4(B`49)VN^UD$`[K-]*-W!RTEA_DEB=*I=HM+J-LQ2A_M(Q"ZVY MZHVA*TO?,T)"6IZGP%P[NY]+1J`M6M8KWB![PE4D9)N'.8MO\65RJ=J?A$X"7,Y9.$1?27E*D/L5B=@=\UE?-?ID!WGSL5M0Z&:0$@N MQCF+"6^"&2OI`MN8NI8P=M?^D594^#JU-CJBG*9 MYTS:7-M])A+(>?I0+LT-7VC.,21?;KS0)JP5V'Q$-=069A?MJ&>)!%JO&$ZR MWWNE9`EE`$@P)SI`K.Z1;+ASU1%H1F:]W-0*R*_BY=88&$MUU[`:(OT08%!L M;B(/S3$-3ZJT#E;*322+1=F0J8@+%[\*:]*B]%HK]%1UO=AZ'PSW?;.20#P# MARPZ/_N1,$)ASAI5&![BQG(=G18`,!.J(`EZ7J)L24`73[?:-K?/@4Q98^!R MJJ653PQ=UK#(H-X`N_5,!?HFM?W<2[1DB;OA>%QX!@XQ!0)'CGD'Q1G4B:.T M`CN>R/+?5">N:ZEGFVD.S.3&'5._6O47""ZEZJ*S8<6]_33=ZS.:/0A!_Q3S M6>^@H2?XD&/>_$HV==F!N0H===APO)=I#)DOK`4)E.`I9@KR4M+G<+C3@"L!07QHRPJ-[5\O.D MC*.^Y84#$=_KDP`[)>E>!HB2V@_JY(.:M))&T;;OH'+"H@,M]09*6\<(E73$ M%5(;?:I-:_^L=$[73525KNQ!Z78%$^T?MGC!:D# M6>SWXMJQ%$BVT<@3#85%-BO&4AD"K`)\X M"80Z34$=-/FY[%X(D=6KX_(#+J7A6361\1%+>0P8$P8`L:N[GTI3JQ`B^E(] MCNYNZB":&6=HP1-VWC=;]Q`J!:H`6XJVDFL-X[A4.!0VS-IF/,%@FO*3,0]_,` MOH9V\7]99[`)L(L=.1Z8)E^4]@QFY0L9Y%W&B$#`EK['9"D;KH\](ASD'`O9 MZX_&^G?28O;<_I)7#5/O\)W%H[""6S(M&9IE"U!"2!"ZE&P][-D!]ROKR`7' MY"J*C;M_-J+`AQN&ZDMSH`&:O%171F*A7WP-2;`D=D[#*D<>6 M/!Y6]6-[:'GHKRH)75D'NH9,ID\2N\)WE&,&0[OEDQ4B=*X5.*?1Y1:N.;,R MIO\679RK:_1LLWVR$M]5>`D98$]24M9!_JFZ[!-4E'5TYF_H'T(X-3O/Z'YVH1A3Z2XGTC(M MJNC@OB=P?\PM__Q+W.G^I\79*CH66L+%C:X#CU:DIDE86%J*7G;NX'*),$%= MQ3;$ZK\Z(0,&.<=*X?"_WX)1MRMUPW_YX1W\TH^?0UPKBZ]!Q;]0INP5#,-- MU.M>%-";8E!]%A$&IX`&0ZH/1F=P\3$O6`)^!*2B%@Q8XPQJIV#]'ZJQ9E67 M=`*1MD:(V8R[C"]1'2E?0TX$C=5(PRUJZ!\J];_5<71/[>NM^+]R9TB"4)05 M#/['-+,-1K;)'"L&=LT8@"$WCN"($>,`[$A).3'KG#$`64)WL>.$LZ:&?OS` M*G_Z_OT;Q2W9+>V593RPBY-X6'&(3_J MEA7WN[4/KC%:LR7^/N+I@QZ<&!=.BKJ\&[F8G6_J^U.DE4^KP[<1/] M_[J2Q9+UXG`\3WJ%T0=:B<+H5?1\`$YJV$LM._0\QD_9]%2):>_,/Z+]:?!; M@H%2@!X5GJ^H4HL@J9)BQM:<&[OH)5G^X&U=1KYLA.R^ME$J+D\W'U4.6$3Y M/(LON*Y+Z3P$NNHV!H*'&^E'`_'#'NAW1147_"82)\&C>G[;;][:_OMKFW^[ M4M'I`TYY^EPC1RP.]JUB9'U%]W`3"*QF60XL.PD^8#FE4O@!A9\8L]BB02YU MCY+(]$1U@GNT"0U.!RH%R]G-3(,#JZ$+3)LTL3=([OP@$(Q$G1HJ/.BH&U`= M6.U*?R#;^!L72%OGSAAG"<)%Z-&A`M*55D25X MM^6$UIX]TQ@#M3;8H%(/#;08=_:T3H=T7!?QK=J>31+]=*!8XR8)-Z]62I,\ M`!K\*[@JBIM7IZ=W=W:=9FD2GI26_51?9[^?04VV@ANU_ MH(X:_OE:Z6_(**P]D]UJJ@4(9_EX>R['?#!=@`$2]@[V&H>29Z MH_DT^!?NGUJ1WL`';T\M,K*[&SCZ]@WT%_M<^V<];&;P@7JC/7:K:S>NIGWS MK^DG75]HQW=Z\.T[7;_VG3JO#]VBNL[D.[Z1O6_?2&_!.R=QMV[(MGY2[T.E M*3:S8_#W<-C%OX>]\?A1.]C'YIG0HO;?#"KQI]YD*(C$(=N!8)=8;EU40T'A M[6AM%[5*,F/JFDPA-;:1"[JL=WO/1:\G;M5-M)P=/N]7AT1:(W;J'`> M8U-!B?=N,S6F!Z^/%3EZW5D=.=S%?N>SI/YO,![C7U/Y=O2X9KP#&'BB+CF: M/'EL@L_8G%5MZEL[.P4-@W-NN8IV$7?)9IQFI\]3'F)^(GD,Z7<-N.T[7 ML])FA+09S_JM.6JST9,__/KV[S^>EJ:N M=_U#>`^-XQ&I(B3LW?4-)*U_7/W&&<'Y1T6?CP"*JY__AJ&OS[3P)]Y[),H, MMWXTHF/QJ.5_3PG[)(PQGFB9ROTH2:B^D\9)*$P?)DJA8(LR!U=%#VNY"&`% M1#NC.M`M9I8>Z27=\1B)\<6UUJ`WC=\MU82(\W38[TU^_^OY6YL>C[N,D1Y] MI?=.^X,*],.[3"J^'.S#^A4_]`;321T!!EL(T.ON`P'&!Z\'HW&WA@"][C8. M&.T#`90VWIM-QG4<,"H+QL$^"L8Q"<9!UQ6,=6O]KIIWX]08,QS2[X\>J&SO M(TL00M;KD73\$B.82!M`7O>$!&17](:B7%8OL2PB^OO(#X1;=/L]5T34K553 MQ;;KSU:+\RB[54IWKW_1VR-.&3!Q2&`\=,G^[;HOU""CK#]UKM4'7A_/!E(T M?XT0&<:#\=>R"QP1O?6HKO#5I@@O&#&]Y3-!&>.L;&*,.WB(7P:=: M/\HN`EL-L4G[@*U)@V;]&(&M_G27@:V&UZ_X83J>[C"NU?#Z`=?J]>L(L`NX M5L,$`%QK.)FU!==J2BXRKM4?M@K7:H@:8U*[!X-A"V"MICA"8*W>[L-:39&@ ME;!64\38"UBK*>*T$]9JBAH":W7;`6LU=8L0&2;CKPY@VQE8JRD&V2=8JRD: MM1+6FCYVP4."M=ZT%=::-L$%P_V!M;Z!,;;#6F_:A&HUQ"7M0[6F#1KU0T2U MAN/AUZ):=B;;_M!"G9Y!)2W*R_W^:%_#M(`PMEZW-HAI!^"^A@D`<-]TTMMA MN*]A`@#<-QVW!NYKZL)H9QA;0]1@N*\WGK0`[FN*(UH4Q=84";X2[MM^F^[% M?3'HUMX7Y?4^5*O:"TUB6JM)E-?[4,+LQ04[J[U@R^O=,>2\*;FR%\AY4\0A MY+S'"$=;D/.FJ$%XSV#<:P=RWI1"Q@&ALT%KD?.F&&2?D/.F:-1U1$I+D//9 M8Q<\(.3\K*W(^:P)+ACL3[[S-S#&=N3\K$W(>4-DK>L9_?ARP9*=>(TGC+P M]^#^X,L8\<\74^'/H->MY/J9 M7K./IK0"+1GU#EYOU,2/B_1X`5R9X=QQI94+VBW/;&.G_;&>6<]P:/5U/^JZ MU[VWM)WT1C?&$`,'3FZ)-[HQ:K`W>CAJA3>Z,7V8R##MUNK#-=[H.@"^S<08 MD8(TG4RV^AAVSR/?V"'9(X]\8S3Z1H\\+QW';V[I.)8:+<+^TOR7^CM>P"?+ M.,J"?'ZEK(&?#JRNUGDT/[E,;T_?O/MOM4C`$,:S'O3B-#\SK\JC2S`F7O]X M?Y$EB_A5='^3Q/.XX$[7BUA]FRL1\M,!>/+?IO,U//YNA;W@0;;(1]#0^N#U M_`\SX*OS]34TM/;;9_]X6CG6`Z?@-=SVAWRRL117U/7M]L9\@YL_[8TG7QCS M5(C-VWKJ[.N/-XK)TH6U-8428VC=H!NUUST&E-Q\JA^,5HO28_*9#&6]_,=3 MYMYG8V4`N5]8N2VLW._.9B^L7,?*TQ=6;ASOR]A1ALM^[*>1J/7\Y3^\\3>#H`DGLY5[MPKN#O86_\HG+MZ$ER1OSTZ=VO M;W_Y.XS;>V%E8>47UFV.=?>(C1IGDQTA#GC8D#+H89,?7)-0>0T?_G@J?]'/ MX1?>;^W8:/\5_-TK]5W]FX"?DE?+-"U6:1&]CU=_!/>)^N^K+$U<`L.3)VEV M>=I7+'D*7Y_"@P?\?+&Y4<^KU2D*1`L]&7I_DL[YL:L,G(I_>F3G8GY)`K%) MCVY_[$Q8S2PLTNS@M(D)SYYBPK/GFO#@*2@\>$8*#YZ"PH-GI/#P*28\?,8) MCYYBPJ-GG/#X*28\?NB$16RZ`\JGOT_'HTEO,!H=?(5(E1^[XV=1GJZS.7QZ MK>@4KBZ5J%T=__7\X/491H3$JTMUJ04+CJ4(_(P:;+U==A$=Q%6:2_7.!;TG41A*L@5E=.'";.S$Y(GS&$?`QYQXV2 M]Y?E4AFN\6T4?)P7*2APHTX`%WXG^#6Z"_Z19G\$[^-E%+Q;W49Y`3I88,+% M@_?OWP2'!W5/Y@='@2(4[F`6*OLX3))-$%YFD:)=D09W(0R\C!3!PM7B-,W4 M/L77%^M,$3[B<*(@3XGTG]-"D9?BT0*(.PH^*N4C!-8()/8H.(SNY\D:"D,$ M!=C\';4OROY7\^D$B=J@2U2".^KM:D)IIAY4&J\>JQ-<9.D?&/<&$PI2B(\- MU).K7,T>XOOTK+(HH:&+%!G',$R&+(!,E&;%,DWB5$U"DZ2#;PXY?BHX5`N! ML'/UJJ-@":L2&(YU$GR^BG,B/V[>79PD>%[4NI`-<*`P*.[28SP4I-P%ZY5BZ3P0 MW2>XV-3R!LT\O+G)TEMZ$HCSYVR=%VI]#SP89YD(S&667G^S0I1N MD5UA-O_"^>(G3I>*%8[-.5-,%&4_'2@!Y)XY]7B=.'V2904C"6<=P3-M`P`(>$C;K&#<3W)WT^GWC_.S@7?L]QNCRXG-WC$:,$@:H MCX>0")*BVP`H"#\!=.VGG/%HA7H^#1;43Y1;-"#L8>I+.$+Z-T1JZO;3>(!< MTT%HGB2Q9UG+Y=*$<.8+S#/G9L`C"V%D]0CU M66"B+J5HK*$2C4&">(30S#W17"12"66R8VSH2J>"FES,+.6[815`X^`=6H.] M5)*2P;)1P!WK=CB8!'.(?$R83'P6E`RULS^9.JU6R\K>KM&2>#+S,N!!EIH: M!%$E0H]P`<-Z"JL,-QPSE:%QI@.V!:+"5RN/3EM-R==I=QUW[.1S%NJ14'5ZF,3`)\L)/_+N)@MN-IMMTAQ!-01A( M1[H9]TN"O@B>KB[#V;J,-,*JZRE=7;TD&I`FP$,)"B';_CZ)GP55X MRH-22*I7C8MRZO*(V=)(",P9?[2$L'02U3-+)K:=?%D.A;CK!M\71$!XI3;, M%8#LLK"@,U)'0%=*2&01@_I3H!VCMIFU7^X]'L6<`4N<43('48?W=I.7XNSN MSKG2Y*4X-W;G7&FR9\X71*IK:+K0NU45YT2=RR0`QYTZNER?HU[;3*3UZ/\BT'42Z_1A/S M^G;WCM*K>Z'7M[=WE%[=4N72&W\KO6W]\L&BOTA_?LBIP0]02P,$%`````@` M$GM+03]5`^@($P``O)P!`!T`'`!C:S`P,#$T-CDQ.3(M,C`Q,C$R,S%?9&5F M+GAM;%54"0`#\QQW4/,<=U!U>`L``00E#@``!#D!``#M7=]SX[81?L],_@=6 M?6EG(NN'SS[+"X_N2B\?MC\_+Q MZO:V\OEP.K[GNL#Z[9Y#R+H+JPO(^`!:$?`>K(7@1], M7ZUK,'9]-T)/M>Y<_]O0#L%/%OZG8Z$_??DXN+.Z1QW+>HZBV7FK]?W[]R/@ M3&S8#.)G'XV":P5NI/GR/K'Z)](N'W21"TZ*U1_LF[] MT9%UZ7G6`(N&U@"$`+X`YRAYDI>0M%!_^N%%(\-K,83>40`G+?3LXQ81;/SX M@[44/E^$[DJ#[\=$O-/Z+UQIDLAQR6 M:`D]K+4MZ`,W_#8`T1SZ7Q^13/OXK'O6O0?3(8#"B'G/V!K0QV<;@N?`<[.P<:OU<9<]IR;` MGX,!<,!TAN?-ML#SG[DU(A]M>(5&:K39>.$_96M@'P",]1,R$D_VT`.;@19[ M6D7P6=L3@M'1)'AI0=C"--#_QW2:[4ZSH!JO062['H90Q)]_6$XC9IHF8&TX MJH@W;]6(O<3F["2&:GM>PTH>7`"'6[E^U'+<:2N1:>$&->)!KT*S!4V.I@/& M]MR+JJ$K-I>#-9C:KK\VU&7K.I'&;VA.DYE4">9*TQHQ/J-'P-%\")IISU1# M2GM`@M=)5_5X4;^"&2PBX#O`(:CQH[:RT(K?C-[M!:.5%WIX<1K`I M8-"_Y#4,^M/72_1J![_^DV=/R.,\>PB\BT;Q]U8E/&QEG?WEZQ7^]\Y9Y_0] M4=(K*/BR]2'JMGL]4419V7H1G55`="8%4:\"HE[]B#KHGZ*(,K+5$*TST\@\ M)QMT9)0!9<)1Q>2ANTZ,$!/7==;.R$!T,QZ#4>2^@)(.6Y63AR^CKLF?+A=N MR$'*:B$/,UK>N@$R-TY)GZ[*R+[/OB7^"5 M`HLN)PL?<\:N_"P+S0!,W!#U@Q]]MJ>T;T@5JQ_='9C8WO+=C-F9E]@<$WMO M!^%7M"(,9TAAS1@E5-=`DZNFC^71JP]=*7<5H4K]^>((V#OL\ODZ' M@4?1#JN_IWC>]H27!V;9F&'*[-V>,#LK,#O9`V8KD>>4V>D>,%N)SJ;,WHLQ M^]!:S7>H)0>"E[I9KY/TTO?GMO=I[CN%?,9X?_&$Z'Q$K_I6])Z*-ZW9T7OY M@EX_`4L\RVZ\LF=19K>8`L%2<3*U"%Y.*343#E+:0BSB3L%^F>81;2F7PIQL]K\N!VU8. MB[+A+'<<5QC`M8Q<[9)E^L._E@X1YG9$WQQ>5AC%5:^,RAM(1EQ!:CR,`8P&@>>&SRA'6F`-JG,&66._[R`)#PBFHPCJTTBLDG\K<3/)/Z: MQ%]E/I1)_#6)OR;Q5_O$W\-)^Z7O>!28AAN2*KIU%9B#V^)4=`PK,`,W))>/ MIFB>\,N/R&B>^\O9;B?,WN\-L_Q67?,D9V[L1O,\YVJY=^JG/HMJF'Q>!6&F MZS$0H:P,0E)C'@HH<2B#;=8V=$27Y M582AQAX)WJD#0D]C(UH#NB)(87J6Q'!X9"+?3&4X\Z/L/ M(P0FY;LN1&_+-_8I`I:@20DV*<$F)=BD!)N4X-TD ME9J48),2K$F],U-74$MFIJZ@7LPVJBLHY5!!R:;CD$X6B'7%FGX-Y4M95V(O MYIVJGO,N)4PB>"UWS14I1_^;NZ@'<6YOW-^^0^#@GKP,0Q!1_$EBS>ISSIL@ MCPGRZ!WDX<[*JP#I@909$:6-Y&%N5L=,[.)+,S'U3$SF]2,^1I? M3>$.Y[$Y]IU'`%^0E>MTAQVLB'G0A5N:$*8)8:Y7)Y$[_FJ9*QH&5GU[$N]! MRN8K4U)V%4)V"(@M6C=&47V](RUM0K,F-+NU/C*A3Q/Z-*%/$_IDNT]+3?8A M.5!%.X.]$E,@BK@=BN*;1>4CBZ*4!7PGRA=!J` M[$0(V8E\9)VV"#(D=8`Y$B9Z;J+G6^LC$STWT7,3/=]>K)F_;#JD0+-03]#7 M<0KX5^OA=JR!C:H0%M^[;!T38#,!-A-@4T]/F@";";#I MRLP$V%0)L&6O(Y$8;),32#)!$A,DX5R_(QHPH;;9&6JQ0`JEQ6X1EP98*"UV MB[@T\$)IL5/$Y0$92@L3G#'!&1.<,<$9$YPQP1GU@C.\Y=KA!FH$>J5\_:B` M_TXN9_T".YMSUB_@LS%G$P@R@2`3"#*!(!,(JA!4$`P$27%0DQL-=U)--'/3 M(!K09\5M94&BYHUN[GV]4D0]N8AH3J>"A%Q$%.=H0:)F1"L7CK+]S'0QW:O. M[E?811#1UZX)!2D0"MHB&BE?U#C'C7-X!$259]_>..QI7E'N>N*0'*$B M'5%N:.&V?8L'@K$]]R(V M1XT#@O4&/9'Q58+E?H8]!4;H?L4&*C)29?3Q/Y/F`8^ZHCF*?#P3SS'QG(.( MY]"/4J@4SWD`,)Y`_@C$7VHG<9UQ!."3O0!AW\^6E,9E6^.[]ZA>@`H-ZXYP ML&!4QBT)[PN`]@1D=T#L*`A/6#[..XQ+".124C["1Q=-I5OTOW@R"T'--9&/ MF75J@2VJ>Q3,5/K;/B)3Z4_W:*J)7.Y/I/!M773CHX5>6)* M*H]P*Q%J$PW>@CT8#&X_7]]\P9N:3KE%H$B;&'7APYD#7.QXL,#^ZI"BPN+= MP=[P*>#-JY&D-J=^-F*9WQFK<`[D<,*MYOBEMG'(_3NBQ`K9<32W09N^]HF9A\VJ@F)N:%G[SH[N8V\ZV?C6GL6!N.]L; MU5P3%',3U"7;3=+)>VACM@,W_+;TH%R#R'8]G*)3=T:.V/W)>:>P6+-=9>.8 M;")S*M^J8F4UD83ZNCIG9I&;,60<-]BL! M^.*.0*<[[&"'&0^Z<$MS@L&<8%COZI*/$-C?9H&+/IP;CH*Y3QN''%G9*.]= MWYW.I[?^"UJTXB\W`$L'].44`Q+`7O8$.8R28MD?7_$ZC.GTX@E+Q,\!E/N&: MQ4QRP>6+[2(\KH?4^Y]@^.A&X-)Q(`CYQ1\XS>1AS_CB;CUOC@^61B#\PX9N M@JP_7IH$/I<*CS%5.'2IPB&RWN:+R\/Z8(NA95D<&DFR8>/]`R5;5KRI9`YQ)I,'7FP_>@H0"K)6 M*Z?`;"F90=]?IMWWQZ0G'Y^#[WQUPFTH&?_OR&8GV\Y/P$$K#6]`S9H0;%0A$=$9W%DM:F/5T\O MYC.,&0$`NIC6U;_P8>(S)>N=F/I?IOZ7,HQ*O:5:E/\RE;%,92Q3&ET1%Z&AL)1@8C8::Q8>!5_"`7 M6B@A^7Y_K`&E&A$AN3?&G%;`B)#<&Y-'JWE$2&IL]PH)S823Q@J4EQ1-Z&FL M1E?.[21\SC1VK;#.W!!J&AN#W-$FPDAC?2%RT41"LZ?QARLYVT\8:FS"UZQL M09AK;-<%ZY$0IAH;0K&J#X2HQB:Q<.E))A]->U*\K)FVQG:__&Z=E*7&EJ1X M`UV:@*>Q#BW>8I>RTGAQ4[P)+V6EL0>P>)M>RDIC]Q_[[K`T!51CK<$XD9I2 MTWB2\2\!2AEJ/.'8%S&E[#2>>-Q"N2E!C5?-(G?`I3SW8=',N)F/<-0Y08E7 MWS?EMP=K:,YM>BE-C!W%E*W& M%D6XYF+F2-/>D.64^4SI:FQIRNNPIBPUWISP[GE/^6F\-6'?$)^RTUC;D^,,O>ZILR>[\GS,X* MS'969FR+S%;NADZ9]?:`V34E:@&^=!Z(W:'WH'^^*&%7S:T0X#^X_]0 M2P,$%`````@`$GM+0?I07^^`&```4ET!`!T`'`!C:S`P,#$T-CDQ.3(M,C`Q M,C$R,S%?;&%B+GAM;%54"0`#\QQW4/,<=U!U>`L``00E#@``!#D!``#-76MS MV[JU_=Z9_@=<=Z8W9\:.14IRK/3D=)PXN<=3)TYMG_;T9NYX:`FV>2.1+DDY M]K\O`)(2'P"X*5%[3%G3SR*_3!XM^>\'NPQ'DS# MF1_K@Y.K#V=G>7W_YXQ]^_J^#`_;Q]'].+ME%,/<#SLX./O,D\I_9 M[U,^YY&7<';M/8=!N'AAY]XMG\?LW`^^WWHQWV?R?VPA M21[?'A[^^/'C-9_=>]%!J.R^GH:+0W9PD)?YC]2[M^SHM7,L\JW_^.QU9FF>@62B+H/XW5X!U_-M M-'\=1O>'PO;P,$^X]\<_L#3QV^?8+V7X,_?SZ_FC[PA7?@!W'B!=-2 M1FE,E]693":'ZJ]IZMA_&RLKY^%450W`069,(?]UD"<[D+\Z$#4\=%X_Q[.] M7V2!/\]ET\N&9\J+M\G+(W^WQY\3'LSX;"_[;13.N<43^6?E3FI4F@VG)8-S M"2>,!D_G[IRBZ.9G^>^E'?/9) M,.D3Y_%),/OX_,B#F,<70A8G<7#PV]4>\V?O]OS9S=`='(V=FZ.!.YJX-\Z-L_=+ M;I5)LTS:9<(PRRTS:9JEMG]./>L6;")4S\^1$+LEQ*]^$T2-YB^B#_RI`-\K MP-=!/HG*!/6B:>ZZ^+$!G3ES7G\F2]N>:1I;F!&)+G!O('2;WATE`E.VF7* ML!AY6,FTDIXRSKZEYO\/7W3=XW:KN,,J;B_'326X=IS-)=>BJJA$UUIL_1!9 M2Y)-Q@!Q]4]2[5$V2JEO`FHGG$X%,^-^JACQ0U4RXE8K.;3NFOO=LZOQ8+KO2CJNZ;;`6=%ZNRA_H"G]$>#C/;* MKV&4=?9-VF>J`((A8!?870#V;\J\%C#&L-"6O?D`T:JZ4"1XR9-E%`CLQZ;6 M+:3`%-2Z6/!$XDU9-ZD%N2]V3"2,S3"X<`QH7*_3I$3I"E![ M`><:P;VEXGTSR7()-%0!OAH^>(]REQ+46GE:,BUD#L![R+%-"IFU/NA@`V!* M!A8(-+ROT,E,^R)B?-;#6R9-2<9X53QX+NN,;'Q7MOK`]M:@%->-[M,PO037 MS/,U5GR67_D"TYG"!>WB*UG(>%_V`SX]L`I`&64KJWV0PN8XE28`B&C4H:>> M62::>L#7R[^X%PUTBUMC4C)]I.7#+ZP7`$T.P(?*-Z MDBI!F&3*IKJ?5K":G:QF=M$UT2U4MPS5TT+]EAFF.E"%4S,3$K".D!3U81[& MHDC+I05C2ESU5(L'SS8&HZIF,E.T]P^ZP.5NA@M1%29Z5;2@K00D!9R&//X2 M)I?\;LZGB;HE>AYZ,\VW!XTYQ1Y7E2%-,F&394:SJ\_*+)E"NL#I MPG&F\J$63A,K*P*RUA&2D!IG8C33KM83CW%5%=2SJ0T05/C>ETF2?49$,/WY MU;]_X''R]Z7X67YYE"YL+$VA3X_,:*T3\&7GH$;PU"!;6-L&5'GZH!7I"'P+OS9-,O&*2;L]$TU;J%;A[!L1 MDLNGR$>0A%85@R2C\_!'FY%&GQQ7/%H?X'?3:N-,:J\_P\S6^-*C/3@J1)58 MZ581B+D>*+5A'V',67J@D5:=[ILW0)W0#B^=`+4)IA>#2R,3(=+!'EJ^>)'\ M).?)]NV9)2VN8.H.P"\.U92R,M:/S=SML+F;8D/4AYEJ%6$8J@))$>HXQ7Q7 M5I\,5P>ELN%]:&TQDAV#T=V,W1J0JP%$=1O62J`*Q>N`,=D-Z.M)/BK6%P[F MPZ"V:NC!Q\+;8ZINR))^!&SGD8[E))VXO%]R''@ M""`&VC7PMO@`JNC%*MA&O`9];+CVG7X?#`;.Z&CB3%RE",?-]%#\R\T'^;-S M[!R]T8;1LJ?M6`NS<+J4@6<\S?UTJR,@QAQ,)L>#R7AP,U2?RLR].&9G.R&^ M3M,=^J\T_8&M;!!%_>H0D=O0(KL6*D@14J;-F'U5,]\EC@/GT(02F(]!T1,"6K.K)6#Y:.ANUU9,R"K".3 M'_"/>,95'0U[J:,N@"H=7?*%Y\L'L%AX5T%*+9XF'E;%8ZV3'8NG^'R)?/:' M1T_^E#ONK2-[*)N&P#EQI`1U!]QA#[,MQ*+A](&KU#1S7'8K)GZJ)Z?4UBZ0 MNS7D8JPZ%$ND'/PK8?_`^4FA)]);6^IFLFM57;M_Q>`]L.@2+QURB,'_DT69)TX&9F5"E;@(='UH]W=Z)J M_"?>T!^7TR%3MU0XN/WS$$\K!J_,$'?)&\-Q6\+!Y+:62%6*UY'C,?TL4%'5 MU*"0_>KDV:].^"$YD-EO<`-,G-4$/R=.P2!;=^_2)F'GW@'*LCS,@#!ET<"Z MJD!LM8`GE:\\\L/9QV#6,"B4TR'+HE0XE";.T9N*&%(S3-@A'A4VQN.VQ8/) M?RV5JJRO0\?C^K4P:VD5]6=D9LLRX01P*X26N>E8W-9W%^0[)F.+A*@2=85N M]_S\&"1^\O)!%!IY\[-@QI__QE\T%:]/A\18;>'@YG^3+3%3*RPSPY0=)@SA MLWAK/.FE*`@0#$I;.91SVXP9B^3 /2GU$IW6ZKPD'SQ%KIY@C89*E7+9<-WQYP29==6F#1# MQ=S-P62'I8TH\*BLYTZ9TAJ\.SX(S8Y?WT?<^_X8^D%RZL?34VX:(-6MW,M.RDLJ$VL`7QV0_\Q7*1 MWI:5L_Y+_N^E'_'9R4(Z!6C-)@M$XFEP"TR]B6.45%8$6Y?!\D)86@J]UCJL M!H,"]ZWU\"TMIS>R!/+=)%9(=>)(^..SMWBT!?@RI$.58Z5P,-O<85ETF1W* M$%_;(W(UB*AB?-E)5&:_#C(JQ]^_R`@;QH=N;8DIV%[R`!X$;J*G_/N7-$0* MU6.W'6'3D9_=OJ3Q7_9S=+V8P]E8IU5&O5)0Y6%\=$2?C$(2;9_O&(WU8J!Z MAF1K-%KZ4S])8J61ENF(SY.4"X:$]VW,0<'\S&$:$G`7^[Q*F51Z^" M_T+IJ)4-32#@B@_A)9_QA1JCH(L&;1X2%6D<@;^U;!A,OH1L;;4_2XMML>JT MM%\&VX]5AXV1>AF9:H9,2$U1B,$YJ46U653?41Z*VRZM'D0OW@5R@-"(@QRW M)6ZCZO`#(9M],3WVWIB#6FLMGTAW78C&J)Z`[Q(F0%#[C/2E>"@;&X6$]VY\ M@P_#UDTZ[(>`AO"CBR.X@(9]$U`KF"`!#154JN\[H72$*6C8`P6-6[?IN!\* M&L/?67?@"AKW34&M8((4-.ZS@L;M%#2F5Y`S:-NF(DB^B M*_1ZW57A]VD_`D)BK0(;JPQ5B[!]",*]AY8+<>>-7DG]V&%H#T8OC!]E8?1J M7P&PET"U?P#;,R#<)VBY:'8->P/]V`UH#P9(]C[M`0#6_51K?=CZGG!-WVZ! M.\R?(M*SG7KEWAX,D.U]6J\#UNA4ZW+86IQP_=UR,3H:6=A.OLIN#P8ZD>G3 MVAJPGD9?0S?=ER2Y*-GR3N%H6"$W\XZ$W&4FO,%I#%FO2H#)_DV"\X_*!&FVHX>UP M*(9?AXDW9R=!L!3_]VD9S-C%(Y=\">ZI`WB;*50F.'*([E_]^P<>)W]?>I%H MF_E+^G*PH85LB7&X;O$`ODF=35DR6VQE+'_76IE#IW]'T%P;M'TS-@0)`+B6 M::&I+G8L"A60YTMXRF?+J5S,?`HC&;X[5^BU]\PU`P`H%XY,(*[`]ZZS(ZTT MLM*7D*W,,F$W#5&_&D"4:73M=(W7->"]R_#NKP#OIXAI/QALP]=,8>`:VWW0 MGW-^[\W3R"R&V+#5%$BA?BK%@GMA-UM(J/PL#T]%%.IU"Q"%^%3$@5T-%,G# M^N@P[GB(.`]_@*=-EK0XPX'9`?C,(KLXE)KJRYRI&V"N!1CMC*F995EWWE`1 M.Q;#9R_P[KD,0]+TKH\Q)8X03,7#(PAD:X>U(?HG>KH`Y>I`O?+D*W+B/VHY M+1;24_F8[3V7CV(E#UPML/];)!$ERM_./%_()N`)\U3Y/Q&)IHF-F62LU;9S MP3S+\#VG_(Y'$9^I5_G2M_JD'Q=WXM=^@;=T\HMT MF6V6&T^?,,Q>-DQUEQ?`5`D$^ML)>K<9_:OST)O]E.I4HT^1,DZ?L)/_"B/_ MW@^$D,.\NAZE2^+W+%I?S'N,PBGG,T+QME;&2L_MF@%'X@4WSA:/8]&(Y^39RM7QXY)]1E=29*=J3 M_TZ`E:F^#T:&27L3QZK\U];#KH60'R#G6^/FH$7FI$A",)4/7W9D]P'JI^:4 M<8DZP>7J<5&%(&JD58 MTR9VF12`&.#T(GG@$>3RERDA$OWUI8.G"?DSVLH.Z\5EL`X@%6Z$E8%1\=U. MIISN%N`[9OM7'JF',`6(DR?/%RC\N9^\_)/?7OD)/YG-1"-KN`_+AJ,$D"_@ M'C0/_UNPRHIFF;#+I&&664:72>=XW2:\<0$N[?C1BJZ9NN#UA:>UPO.S9_/Y M4D[O$A[_PXO\S+N+N_0\UZZ]%F;0M0CW#1XD9U#79O&-Y4(YK%`0N[C+3O9) MQ;J;"JF)%U(AX:I">B/G]HJHR[ME#>/)_3/WXF7$-5?=S.G0!5LH'#YZ:!29 MV2&Y_=8)HIJDFA'A:D5#I[H8JN#1V:Y];=26DHKQ[5[Q'+D3"^=)'B3M")7B M_7LN['#SG6X2IM2]N3HO-_FN\*C.OE[\M%D9P!K_7^O/IX$ M4:\N$9J/*`L.?/7BY#3D\9-RXM:,-/HS>`./&J8Y%TYI*"PS95J>,ZT'066>7'X=P#:H;PT[O"L, M@@55SY)1J1!IF>>BGS#23MLD% MLSUDP\#3"C*!JNR$-4C,4EN[UEL8)7?AW`^OEU$0/O'(^-V:,262I@S%PX\X M\SW"W!#++9%]T-8%)M>`B?H+MR9BY4JP50$V]PU#BS89$>M;]:+'CI'R-(/$ MMF@,9-\G'0!L+#*QG*Q[MRTFS&F)R-[^.:IC1&'\R*?),C[5]_7EOR/QOE0HN#]<[4FMLK-3DEY]8_?=LOLF[S'HJ^5% M3MDZ0#2:7CUX4;H39;@^;$J)3=UR\>`9[*K#7I-86_KAJ3F0E"8- M'L_+!<-#4QX5.)X%A2>,&;4=DA6U#U,;5!-=,UD*/-;`1..P==);3H+-X+;S M2'=<)S#E/'AC%%7R]F)2K*5+C<2;3Y"GWP>#@3,ZFC@35S'6<3.^%O]RT::]<2!BI(JAE2#3L1]I4L97CL'KO-LJZEI1)UU1$P2P:3T3B5 M]&?/#ZX2[X5]]J+O/+GS^7RF'N:@4?5VB)2FK]C*1A^TO!TBMW4;H8K9I)J: ME+6UL.-9YOK,P10]I)8"9XY9+1;^P69V=;-T#D05)60;%-73+++P(":.9#-+ M+48,VCZ$\QE7+RJ:5_FFA(@DKI<.OVPX+'`YM9.^&D6XZ.\`DZO#1+7\;Z!2 MD>0&U+A<-X:'-J0C87K+,,K#-V,#T:D"0V^/1TOR?@2%MC-*SWC$@-"5DIN^ MR+(G)Z'_9A\PC0>N004]^#RK,X1Z7=!^IP5BG%X7^-]K7:DHF_$ALC\QJ/IAIK8S>[IGS7;=J&%+E;TJ MWDM.R],^FXBPS]H%VK0C2"VQOFV[=@'0OON*UYQ//+H-L4`["C7]UK*]2ZGO M,%NP;S\'F'$_G02('ZJS`/&KF^M(S3BN7A:W8;6)ZG]'&.UKA8*OKPRR26N6 MFZ79<:6\E?:H:>4BES_5QD M$?\6_Q(_W'HQ%__X#U!+`P04````"``2>TM!^5OJ4X<2```ASP$`'0`<`&-K M,#`P,30V.3$Y,BTR,#$R,3(S,5]P&UL550)``/S''=0\QQW4'5X"P`! M!"4.```$.0$``.U=[W/:.!K^OC/[/_BX+W92TJ.9'=[ M]Z5CL`!OC&4_?I"E][<^_K*^<-\ZC=,)`W\FW'FYPW?GMH]AXN;VX:O_S\XP\?_]9L&I^N_M4;&'W/=3QD MW#3O4(B=I?%EA%R$K1`9C];2]_S9LW&/48"\T`K)=8U;Q_LVM`+TDQ']:1OD MHR\7@UNCMUO?OWX^0/;%PTX^O?C3R9RVCV:1W_GV%\ MDG$OWPS\A6>?&>F/+C%:W=DFH,Z,3MOL-,UVL]U]--^=M4_/.NW_I:7]^3-V M)M/0^,?HGT2X?=(D(\R-A_W)N/%&1T;/=8U!)!H8`_*`^`G91\F5W.0A#<*H M%YPW4L^U'&+WR,>3%KGV<8L*-G[\P5@)GRT#9V/`]V,J;K:^W-T^C*9H9C4= M+P@M;[0Q,+H8:ZC9[79;\;Q4_1,*+[_#:XV7B<>^PO MGS_9D]4DBB1:4A=K[0KZP`F^#5"XP-[7!R+3/C[MG';NT&R(L#1BT35V!O1A M:F$T]5T;X6N$@BLKM+9'+'6QG4'OSZ,EAZQ3GY9SY`6O!2]YN9W!3V[S:6E% MH[;'772=B@!_]@?(1K-Y]-[L"KSXFCM[D`L+7Y*9&KYNOHBOLC.P]PC'ZQ-9 M]A^MH8M>!UKN:B7!)[>,=X@`C8XF_E,+XU;T&.3_\>,TVV8SMS1>H=!RW`A" M'G_V8ID5,34T`3M/Z1N1NK&!&BU#Y-G(IKBCJ^UDPXCO3>[N^J.-&[K1)NOC M8IYLY*R((G_),D4^^MHCM[:CVU^[UH1>SK6&R#UOY+]OE<+#GW3I;[Y>1G\W M3\WW'^ADVT`AEJT.4:?=[;/9K4=7Y(;8LN](?O[ M\M_HF0&++:<*'_>-W?A:%9H!FC@!X<$+/ULSUF_(%*L>W2V:6.[JWIRW,ROQ M>DQ\'17CKT0C#.9DP5H$L55[Z5I!P$`FDE2&,%;E1='.>\-H[HS" M/"2&3"6Z1MY`XNL:'/.G,IY>9@ES:6!)5,/18C:S\',IJCA#JE\?'K$5N:0? MGF=#WV6L#IO?K_&DK<(>WL1FX1&]$/EKSB3<='@F$JTY^66\L#F:.N[:FAQC M?R:G0=#[^TR=S?"QC?!Y@ZB]1Q'##8/`'R.,D7V[>E(NO!A;B'"`8LEHI.-C MLE2>-SH-8Q&01_-CMXKU)LB1FZ=KNCIUI(NS(]*YLZEXW]9TMDJP4^"76_!P#/RQOVYJ?=\`/R_>WYN<$^&'YC]?\O`=^ M6)[:-3\?:LW/AMF:U8FY6J(FFQ>3G)PBE)#1T8T,X7N6D')<2U+X7I8<+PEK MM7YAQ'3D?=:U?F'DR<@$^8_BN\824=UJ3DHNN)*R<:,I*)A\C8>.]IFQD MO+()&Z>:LL'.($A(Z6I.2B9-X$4I44#+QU8V.ZRBG#%1RFZU0:6>YRTL]WKA MV;D\UE@-?"2/:+ULQ2IKW MV?/L;#;EKRA>#O-H)<8H0GWI^@&YG6`Z<"45(2PD43%CGRT,NT2%@I3NZJPA93BDUFA2D< MH19QJE"C:.61'JGT"?YPPNFVSR`=*JD8HHI$O"^G7!YA^S9ULZ2\5X)!9 M_#AR=4A2?P4JX2^X*0*)\SF27IDXOQVBEX8'7'V$(Z<67=&>*1:O&FL8M8^9 M/'/G?U9`$1Z9E4P@^V8*-PZW%@`*):!0`@HEH%`""B74YII"(BXDXD(B;A6) MN#J2P;!P:[U^%!*2#P'4>@F1YR,?@-![&8Q@G+PGBJQCG+Y7)IE:8Q'QY3G!PKRHJ.I3-2V5V4($WW*F$*(>5&TQVK M3)H:I4K3_4L^)Y&:5IK:FORD%$J,IBNU*!>&4J.IH94+R%(^--VS1`%A2HVF M6]9&YA'E0M,]B9?]1&G1U*22*9JC;CY-':`%N<.4'4V]H*)J/$J-IDI,KG"2 M\J&IYL(KB:2T:*K`\"N`*3&:;MFBLO-U#YAC+:D15%Q09G0UJ0NK9RA!2G8E M91TNI(YX@U.(X!0B.(4(VB5HTB[AS94?WUE+9[:8727;T8/EHB#2#2>H3W2A M_IA\3/:R>^R,&&5M90:K>8X4A)O9W`^0W??N%W@TM0(4R#]1R_P-DO MR.(AJC!WRF/F#E&%^;@\9NZ0BC%?14>).<-% MO)E[]@/"3V2/-#M#,UJ(1="E1T(R`B0CE)R5,J].)>_*&TR1\*P)B@]Z*WA? MN9*JNZ'S@[E\T:HQRJ[7>UJE(?U;H-86F>^"Z[6C#C^0`LOG!U)@(046 M4F`A!;9N*;#*TO`V>[U"RQ'(88,<-LCR@2P?099/LE;RTT(XT!V(H7L1#TRLRV#C$AIF%4&^4:0;[0SCB#?J+:F,.0;E3>7 MQ5J/AIDD4H2PM;%:^U6VY>6XYKDBV_)R4O-*V2UYB?3@^N;,0(*G+!4Z)WA" MB!Y"]!"B/QQ^($3/YP="]!"BAQ`]A.@A1+^3$'WZ.%:%X7HUH6@(LT*857#\ ML&S(E3EF;ZCE0K&,$?M%7!BB98S8+^+"T"UCQ%X1%X=T&2,@O`OA70CO0G@7 MPKL0WMUY%$:D;6D?ZI4@IU@+K+7=OFN^]`H-OYXOO4+&K^8+0LD02H90,H22 MJPT%UCN4#*$<".5`*$B4AW`O9QUXWL)R!RA<8(_P=)IWP.0D*G8) M9>[7+43458N(Y9[-2:A%Q`@CY"0J1D3G9LADJ(]2D,_M@P?>?V0VB7U-$RVX*3[PDD]_='E.4FY4#OU]#EOP4DJ MS%-3OS*$H"$$#5$*B%(HA2O*X?B%\$8H9F,O MT8HQX>;16J*@[Z7/'(EZU<>G93-]$B4&5NVWY\$HC5L17J(D6A.4-F3XOGV1 ML'JI1OR7_Q"2T'-#%&/F5>UPA=]Z[$=Z!6[>T30*Q9B MA!`C/)08X8M>=X>L8($1)T+(EE..CA<%XTI"C/4@8JR#P!Z%]U`"HLN"%T*ZCZ@[7O*KOG)'EIM!97^\HZ:LHRL9CZMTAM)"J0D,8.H1*=>"% M_J"B_KOU[@[ZVI+;4V!'D.K3!7:$G7>'79HI'`T997M MB7:?,)>-Z,28!D[P;>7FO$*AY;A1NES5V7&COQ8.X>QZX=G7"$5&6-+I*.@_ M(=P+`A0RPI)RP_:5&0>9?=#W`?H^'&S?!T98Y]*23VBDLI`?"OFAE?8E(;M! M-H']5V39CC?)@Y48HPCUI>L'Y':/1/VX(%?^QL>:DU2$\,I'P6<_'*"Q2[2^ M>,.]]2V;H684CE"$N/!G5_P;_^I,IB@(_[,@?T?8?5Z]'0)X;/F]HB7*+2.M M3&*,(M2W_O'TA"16*H:L(I31CO/H1[P438"< MY)X0BG]VIC346T"]!=1;;/$.7OJSN>\A+S3[X11A&<])\1!5F#OE,7.'J,)\ M7!XS=TC%F-,.FLBOA/"3,T)F9VA&#C,1=.F14$T$U40E9V7R'EQ@9'V;^P[Y MX9Q@Y"\\UCP4R*I&>>=XSFPQN_&>B-(:_7(#M')`]V81(`GL15=0\T3)\0$7 MSY$>QG5ZB825XN3:O6PQI=AD[(?"$6H1PU%^ZA'#47X[1RPW=_S%*%I-KWTE,<;@KPDR/KCU98@?I82EX&..(?=$>?EOC+ZMEA<'=9[*Z#) M*40K=,C5T?6"3#A6PQR94>J0QZE)Q;E"A2,4(R8KKDO4LC@TDF3#QO8#(UM6 M?JCB9X@SF5ST9'GAHT]04%VM^!&X(Q4_0=];%2?TQY3)AZG_7;R<"`75=9OC9V_D_D>^M-5VY^N-)ZH=(?[6J:_5(#CEAC'=[Z'GME(7KY6@$5& MF>/(*4!7U)Z:(:,,E7`V;8I`[T4]>B]NAVCJNT15B5R87&\+1ZYJ=+&Y/GGF MSO2L@"(\,FN60/;-]-.LAL5LAC$G`,`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`H0^TM!Z?^' M6AP%```/'P``&0`<`&-K,#`P,30V.3$Y,BTR,#$R,3(S,2YX,?C!%3UO_>,+\$&8T/[L%2;E^#+]YW;Y[F=]#[. M?0^>J`R9X'W#;C0-H-P1+N.SOO%M;)Z-SX=#X^/IVS>]OTP3!A>?ST;PA7N, M4QB:UU1)-H=;AWI4$D5A0N:""W\!8^>!^N0`IB2D+@@.MY]&5]!JV``/2@5= MRWI^?FY0=T:D*6)S#4?X%IAFYNKO)*@NG#3L-O*6;T8BXFX7\H_.)24*T>!B M%%UH->V6:3?-9F=B'W6;[6ZK^4\>+8*%9+,'!>^<]PAN'IO(L`O9'<"0.PTX M\SP8:6@((QI2^43=1FHIC%,$+"`/^T8NJ^?#AI`S"^W:UNWU55(*X^T;2+#= M^51ZK,#03S+.H<5XJ`AW:(Z"$3U6,/1K7>F\DS5*&I;=Z72L^&T.[3PV,=JC MDX[=:15(7Z68+P;N+)%'U]5N'=HY)A><1WYY;*Z2EEH$U$*0B2@JF9.GUO/6 M.!KCJA=:O@S'5O(RAW8I*T)#ZC1FXLG"%W$R9M,V"^E(64Z0*3[FZ%-*_H/G''@U@;M_8"OD231:/2^\99W'<33WD3,CX^M6EMU%.&\\X6?QM<.\9S(BVU91+^I MW(B%CR.J(LGOQCB8FX?M5KMU3?TIE8E@58!*G6R[5=1)6[(24S".?)_(!7S_ MQCTRQ:_;_0'OK@GC8T46<$WD(U7XW7HN7.*L_?Y5N#7AQ@]$T@?AN51>4AI> M$$4V*+@5LD;*0]1/KTANY%%]N30)VN:K/FOZ?`GTW@8W1(-Y0'E8J="6V!J- MCHH:G>$*2[QX_,"+`\@\O"JVIEA:FL&<^(%'-TA5!ZK1Z+BH46H-4G/P?2() M#P.!:;XN5G4*W8@1=:D?Z`BV4JN:4*/<2:5R!W`C8&G]58Y+B*J8 M$ZLA-6)]*)T*)[CWQ7-9O`-YG0#75?E*9;QKQD/DA$P]6J'.=M`:E=HK*CWA M(C6CI6K]WP:4_J./YB-Z#_&INZM/MGTC9'JV,=)G1#J:7WU>MP(I8:UOQ4HRKE#`9!84H"+%W-_2/[Q"6W'U)%3DOJ5MO2'9+TZ_'=('JDE MR7_-&2RK0<_*-V/PKMBLZ6$)A%3`2WM'&WJ!D+0;KX03&ZJ@Z#LSXYGZD6FW MS$.[,0_=-,1=(EA6?+<(,MZN$92V]+;UG1&TT^/=$UYK/&[E=Y6EG7=TQO;) M[X20ZYGN&(;@-[\6256/=%,,I1Q]82[)NSLO]ENW\IU2\'>#Y[3U&KO&U4N/ M=[MMGWS(;X?RT\#=.B29PY*>=]<5/F%\J*BOUWT#R#14DCBJ;R@9Z1E*]_F[ M.',QX4YBHAO)M(/*F>?I[5:,D,Q7IMY^EB(*^D=`9FJ](H-7L=&H2*$#V M,H%V?0+MO4Z@4Y]`9W\3L/%O30)YR#XE,!H-;RX&M_JX8F],H0RT3TF4'\P* M*:Q#]BJ!Y'\`V^2Q"?D?IM.SDM4%+W\"4$L!`AX#%`````@`$GM+0`L``00E#@``!#D!``!02P$"'@,4````"``2>TM! MZ=9I^`@#``#H#P``'0`8```````!````I(&6.0``8VLP,#`Q-#8Y,3DR+3(P M,3(Q,C,Q7V-A;"YX;6Q55`4``_,<=U!U>`L``00E#@``!#D!``!02P$"'@,4 M````"``2>TM!/U4#Z`@3``"\G`$`'0`8```````!````I('U/```8VLP,#`Q M-#8Y,3DR+3(P,3(Q,C,Q7V1E9BYX;6Q55`4``_,<=U!U>`L``00E#@``!#D! M``!02P$"'@,4````"``2>TM!^E!?[X`8``!270$`'0`8```````!````I(%4 M4```8VLP,#`Q-#8Y,3DR+3(P,3(Q,C,Q7VQA8BYX;6Q55`4``_,<=U!U>`L` M`00E#@``!#D!``!02P$"'@,4````"``2>TM!^5OJ4X<2```ASP$`'0`8```` M```!````I($K:0``8VLP,#`Q-#8Y,3DR+3(P,3(Q,C,Q7W!R92YX;6Q55`4` M`_,<=U!U>`L``00E#@``!#D!``!02P$"'@,4````"``2>TM!Z?^'6AP%```/ M'P``&0`8```````!````I($)?```8VLP,#`Q-#8Y,3DR+3(P,3(Q,C,Q+GAS M9%54!0`#\QQW4'5X"P`!!"4.```$.0$``%!+!08`````!@`&`$H"``!X@0`` "```` ` end XML 13 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } }
XML 14 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
Document Type dei_DocumentType 485BPOS
Document Period End Date dei_DocumentPeriodEndDate Dec. 31, 2012
Registrant Name dei_EntityRegistrantName MAINSTAY FUNDS TRUST
Central Index Key dei_EntityCentralIndexKey 0001469192
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Sep. 27, 2012
Document Effective Date dei_DocumentEffectiveDate Sep. 27, 2012
MainStay Marketfield Fund (Prospectus Summary) | MainStay Marketfield Fund | Investor Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MFNDX
MainStay Marketfield Fund (Prospectus Summary) | MainStay Marketfield Fund | Class A
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MFADX
MainStay Marketfield Fund (Prospectus Summary) | MainStay Marketfield Fund | Class C
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MFCDX
MainStay Marketfield Fund (Prospectus Summary) | MainStay Marketfield Fund | Class I
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MFLDX
MainStay Marketfield Fund (Prospectus Summary) | MainStay Marketfield Fund | Class R2
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MFRDX
GRAPHIC 15 BarChart1.jpg IDEA: XBRL DOCUMENT begin 644 BarChart1.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``8$!08%!`8&!08'!P8("A`*"@D) M"A0.#PP0%Q08&!<4%A8:'24?&ALC'!86("P@(R8G*2HI&1\M,"TH,"4H*2C_ MVP!#`0<'!PH("A,*"A,H&A8:*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H M*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"C_P``1"`$L`0X#`2(``A$!`Q$!_\0` M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4% M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D* M%A<8&1HE)B7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$! M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$" M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#I_`/@WPQ= M>!/#EQ<^'-%FGETVVDDDDL8F9V,2DL25R23SFM[_`(07PG_T*^A?^"^'_P") MI?AQ_P`D\\+_`/8*M?\`T2M:/B&RN]1T>XM-.OOL%S+M`GV%\+N!885E8;E! M7*LK#.000#7%_[-B7T30?$'A[Q7=ZK-80:A9#S+>"VTJ".V(5X;)0ZK)-M$8^S%-NX,",@%6^ M7N/"6FS:/X5T;3+EHVGLK*&VD:,DJ61`I()`.,CT%**[HJ3LM&4?^$%\)_\` M0KZ%_P""^'_XFC_A!?"?_0KZ%_X+X?\`XFKVK:5>7UPLEMKVIZ<@0*8K6.W9 M2]LH;F18X+(*&=`Q`S;DXR M?4T].Q*O:]S5_P"$%\)_]"OH7_@OA_\`B:/^$%\)_P#0KZ%_X+X?_B:7_A'M M3_Z&_7O^_-E_\CT?\(]J?_0WZ]_WYLO_`)'HLNP7?\WYB?\`""^$_P#H5]"_ M\%\/_P`31_P@OA/_`*%?0O\`P7P__$UE:-8:Q?:CKUO+XMUH)87JVT16"RR5 M-O#+EO\`1^NZ5AQC@#ZG6_X1[4_^AOU[_OS9?_(]&G8'=?:_,3_A!?"?_0KZ M%_X+X?\`XFC_`(07PG_T*^A?^"^'_P")I?\`A'M3_P"AOU[_`+\V7_R/1_PC MVI_]#?KW_?FR_P#D>BR[!=_S?F)_P@OA/_H5]"_\%\/_`,31_P`(+X3_`.A7 MT+_P7P__`!-+_P`(]J?_`$-^O?\`?FR_^1Z/^$>U/_H;]>_[\V7_`,CT678+ MO^;\Q/\`A!?"?_0KZ%_X+X?_`(FC_A!?"?\`T*^A?^"^'_XFLKQ;8:QH_A76 M=3MO%NM-/964US&LD%D5+(A8`XMP<9'J*UO^$>U/_H;]>_[\V7_R/1IV#7?F M_,3_`(07PG_T*^A?^"^'_P")H_X07PG_`-"OH7_@OA_^)I?^$>U/_H;]>_[\ MV7_R/1_PCVI_]#?KW_?FR_\`D>BR[!=_S?F)_P`(+X3_`.A7T+_P7P__`!-' M_""^$_\`H5]"_P#!?#_\32_\(]J?_0WZ]_WYLO\`Y'H_X1[4_P#H;]>_[\V7 M_P`CT678+O\`F_,3_A!?"?\`T*^A?^"^'_XFC_A!?"?_`$*^A?\`@OA_^)I? M^$>U/_H;]>_[\V7_`,CUDW-AK$7BK3M,7Q;K7D7%E!5`_T?&, M2MGCL.GC_A'M3_Z&_7O^_-E_\CT678+O^;\Q/^$%\)_] M"OH7_@OA_P#B:/\`A!?"?_0KZ%_X+X?_`(FE_P"$>U/_`*&_7O\`OS9?_(]' M_"/:G_T-^O?]^;+_`.1Z++L%W_-^8G_""^$_^A7T+_P7P_\`Q-'_``@OA/\` MZ%?0O_!?#_\`$TO_``CVI_\`0WZ]_P!^;+_Y'H_X1[4_^AOU[_OS9?\`R/19 M=@N_YOS$_P"$%\)_]"OH7_@OA_\`B:/^$%\)_P#0KZ%_X+X?_B:RO"5AK&L> M%=&U.Y\6ZTL][90W,BQP604,Z!B!FW)QD^IK6_X1[4_^AOU[_OS9?_(]&G8' M=:PKWVO&/VK?^2>:=_V%8_\`T3-4U$N5ET9/G6IZ-\-_^2=^ M%O\`L%6O_HE:Z/%<]\-_^2=^%O\`L%6O_HE:Z/%6MC.6[&XHQ3L48IDC<5SG MPW_Y)WX6_P"P5:_^B5KI<5SGPW_Y)WX6_P"P5:_^B5I=2NAT.*,4[%&*9(W% M&*=BC%`#<48IV*,4`-Q1BG8JE?ZKIVGW-I;W]_:6L]V_EV\<\RHTS9`VH"M(=BWBC%007UG<7ES:074$MW:[?/A20,\.X97>H.5R.1GK4?F5,Y(^5N0.Q]*+A8MXHQ6?#KFD3?VAY.J6$G] MGY^V;;A#]FQG/F<_)C:W7'W3Z5=EGAADA266-'F?RXE9@#(VTMM4=SM5C@=@ M3VHN%A^*,4[%&*8AN*,4[%&*`&XHQ3L48H`;BC%.Q1B@!N*,4[%&*`&XHQ3L M48H`;BN4T1+Q/B)XB^VSP39T^R,/DPF/9'YUYM5LLVYASEAM!_NBNMQ7'^&X MM1B\>:ZNKW5I=3_V;8%7M;9H%"^;=\%6DZ*6S.NQ7B_[5W_) M.]._["L?_HF:O:L5XM^U?_R3O3O^PK'_`.B9J53X671^-'H_PV_Y)UX6_P"P M5:_^B5KHZYWX;#_BW7A;_L%6O_HE:Z/%-;$RW8E%+BC%,D2N<^&W_).O"W_8 M*M?_`$2M=)BN<^&P_P"+=>%O^P5:_P#HE:74KH=%12XHQ3)$HI<48H`2BEQ1 MB@!*XOXB^5/IU_I]I;W[:K>VIC"V^GN\5XN)%2WFG$95(RSMD[T90Q(9,YKM M<48I-7*3L[G+Z?*3\2-;7[/=JATVSC69K:1869)+AF59"NPD":/@'N?[K8P+ MM9[F\U*UALK\R:GK6G:I;%K254-O&+,NSN5VQL/(E^1RK_*!MRRY]'Q1BBPU M*SN>3^'='>=?*U6+5A;:?IY$2&T9#H[QS1R)!`?+_P!,QY46'Q)DVV3D3;:V MM/M-3T2\TAK71M\,NVSBA:3S#IMFHB40;@2`Q`>9Y.03$(MSDQ,.^Q1BERC< M[B44N*,51F)12XHQ0`E%+BC%`"44N*,4`)12XHQ0`E%+BC%`"5R>B/=O\1?$ M?VV"WAVZ?8B'R9C)OC\Z\VLV47:QYRHW`?WC76XKC_#4FHR^/->.KVMI:S_V M;8!4M;EIU*^;=\EFC0@YSQCL.>>$]T4EHSKZ\6_:P_Y)UIW_`&%8_P#T3-7M M6*\6_:P_Y)UIW_85C_\`1,U34^%ET?C1Z/\`#8?\6Z\+?]@JU_\`1*UMZC8V M^HVQ^;;28$D98@.`0=K8ZJ<8*GA@2"""16-\-1_Q;GPK_P!@JU_]$K6W MJ-A::G9R6FI6MO=VDF-\-Q&)$;!!&5((."`?PIK83^(\M\/:5:7GBI-"UC3+ M!K:W^WR2Z6B"6P@D`L6B,*,H'$4V2Q4'S))B``U=U\/YYKKP%X;N+J62:XET MRVDDED8LSL8E)8D\DD\YJW+X9T*;2H=,ET73)--A?S(K1K6,PQMS\RIC`/S- MR!W/K6MBA*PY2N8^K:I>6-RL5KH&IZDA0,9;62V50F.1SUQ1^ M&W_).?"O!/\`Q*K3_P!$I738KF_AJ/\`BW/A7_L%6O\`Z)6CJ+H=#CGH:,=> M#3\48JB1G8'!^E&.>AI^*,4`,QUX-'8'!^E/Q1B@!F.>AKQ+7M&TS4/'_BF3 M4-.L[J07D*AYX%<@?9+I_.O8.P.#]*\L\%? M\E)M?^P5=_\`HZUKU;%AI M^*,4`,QUX-'8'!^E/Q1B@!F.>AHQUX-/Q1B@!G8'!^E&.>AI^*,4`,QUX-'8 M'!^E/Q1B@"GJ-Q+:6DDT%E<7TBXQ!;F,._('!=E7C.>2.`>^!7,>&KR>^\>Z M])=:;>::XTRP41731,Q'FWGS#RW<8YQUSP>.F>SQ7):'<2W'Q&\1^=9W%KY> MGV,:^"O^2DVO_8*N_P#T=:UZO7E'@G_DI5K_`-@J[_\`1UK7K&*X MI?$SV*/\./\`742BEQ1BD:"44N*,4`)12XHQ0`E%+BC%`"44N*,4`)12XHQ0 M`E?$;Q'Y*7"^1I]C"WG021999KS)7>!N7GAERI[$UUV*Y+0[R*\^( MWB3R4N%\C3[&%O.@>+++->9*[P-R\\,N5/8FD^A26C.LKQ3]K/\`Y)SIW_85 MC_\`1,U>V8KQ3]K3_DG.G?\`86C_`/1,U3/X652^-'I/PT'_`!;CPK_V";3_ M`-$K728KG/AG_P`DX\*?]@FT_P#1*5N:B+S[%(--^SB[.%1KC=L3)`+$#EL# M)VY&XC&Y<[@T]!/&18X[5\+!YH M92?MBC)D;_5$X^?"]3X9U/\`MOPWI6K>3Y'V^TBNO*W;MF]`VW.!G&<9P*$[ M@XV-#%*_^OV'_`-([ M>O9>,X[^E>-ZG_R/OBO_`*_8?_2.WJH_$C'$?PV;5CT%0W_>IK'H*AO^]=K^ M$\A?$5?`_P#R4JU_[!-W_P"CK6O6<5Y/X'_Y*7:_]@F[_P#1UK7K.5P#D8/0 MYKAE\3/9H_PX_P!=1,48I>,X[^E`P)_M:_\DXTW M_L+1_P#HF:O;L5XE^UM_R3C3?^PM'_Z)FI3^%E4OC1Z3\,Q_Q;CPI_V";3_T M2E:^MV]]=:3?%"6TUS`L,WE-("OG^8\AD MAWF1I"29'R#D$=3H>F0Z-HFGZ7:M(]O96\=M&TA!8JBA020`,X'H*OXHQ0E8 M&VQ,5S7PS'_%N/"G_8)M/_1*5TV*YKX9C_BV_A3_`+!-I_Z)2CJ'0Z3%&*7% M&*9(F*,4N*,4`)BC%+BC%`"8KQG4_P#D??%?_7[#_P"D=O7L^*\8U3_D?O%G M_7[#_P"D=O50^)&.(_ALVK'H*AO^]36/05#?]Z[7\)XZ^(K>!O\`DI=M_P!@ MF[_]'6M>MXKR7P+_`,E+MO\`L$W?_HZUKUO%<,OB9[5#^''^NHF*,4N*,4C0 MJV5_9W_VC[#=V]S]GE:WF\F17\N1?O(V#PPR,@\C-26\\-S&7MY8Y4#M&6C8 M,`RL59T5HS;6\,CQ3;#\P\ MJ;:ZA@&",05(S+X'@.E^";FPU_18[6U:^U&-;&UMY+F,P&:9]NP1#Y"NX*-N M&79CEPE3"?XAZU>M M[^SN/LWV>[MY?M,1N(-DBMYL8VY=<'YE^=.1Q\P]17`?VD+/4M7\0?V5K&K* MWV:*Q>XTN9)XYLW`,800ATAC27/F^6S$2R+ND.$$6GZ$L]I8WVDPZI#KUR]V MRW5U:-;QV\AEN,W31."0%-U.8HF.YUF`?.TR1EPY4>D13PS23)#+'(\#^7*J ML"8VVAMK#L=K*<'LP/>I<5S?@]KR*74M/FTG[!86`L0H`S@`9]A292V9V.*\ M2_:W_P"2<:;_`-A:/_T3-7MV*\1_:X_Y)OIO_86C_P#1,U3/X652^-'I?PR' M_%M_"G_8)M/_`$2E=+BN;^&7_)-O"?\`V";3_P!$I734UL)[C<48IU%,D;BN M:^&0_P"+;^%/^P3:?^B4KIZYGX9?\DV\)_\`8)M/_1*4NI70Z3%&*=13)&XH MQ3J*`&XHQ3J*`&XKQ?5?^1^\6?\`7[#_`.D=O7M5>*ZM_P`C_P"+/^OV'_TC MMZJ'Q(QQ'\-FS8]!4-_WJ:QZ"H;_`+UW/X3QE\17\"?\E,MO^P3>?^CK6O7< M5Y'X#_Y*9;?]@F\_]'6M>O5P2^)GM4/X'USMT+2A]+./_"O1_@S$D/P^M(H M46.)+R^5$08"@7DP``["LY1<7J;TJRJ[':XHQ3J*DU&XHQ3J*`&XHQ3J*`&X MKD="T^SL/B1XE^PVEO;?:-.L;B;R8U3S)6FO-SM@XUX?^UU_P`DVTW_`+"T7_HF:E/X653^)'IGPR_Y)MX3_P"P3:?^ MB4KH+J=+:VEGD$C)$A=A'&TC$`9.%4%F/L`2>U8'PQ_Y)MX3_P"P3:?^B4KH M+J1X;::6.&2X=$++#&5#2$#A1N(7)Z#)`]2*:V$UJ<\OBZ"?3=%NM.T[4+^? M5K07UO:0^4LHAVH6=C)(J#:98P0&)RW`(!(V],OK;5--M-0L9/-M+N%)X9-I M7.0N MY_">,OB(/`7_`"4RV_[!-Y_Z.M:]?KR'P#_R4VV_[!-Y_P"CK6O7L':!N.1C MGCFN"?Q,]NA_"C_74*XKXP_\B'NQ^#W_(AV_\`U^W_ M`/Z635QVH=Z[+X/#/@*WP2/].O\`I_U^35RUMST<%LSM**,<@Y/TH`Y/).?T MK$[PHHP=H&XY&.>.:,<@Y/TI@%%`')Y)S^E&#M`W'(QSQS0`5R&A645E\2?$ MODO<-Y^G6,[^=<22X9IKS(7>QVKQPJX4=@*Z;4K:6[LY(;>^N;&1L8GMUC+I MR#P)%9>V.0>">^".6\,65Q8?$#Q!%=:G>:FYTO3V$UTL2LH\V\^4>4B+CC/( MSR>>F)>XULSLJ\/_`&N_^2;:;_V%HO\`T3-7N->'_M>?\DVTW_L+1?\`HF:E M/X653^)'IGPQ'_%M?"?_`&"+3_T2E=-BN;^&`_XMKX3_`.P1:?\`HE*Z;%-; M">XW%&*=BC%,0W%W MXKQ'6/\`DH/BW_K]A_\`2.WJX?$CGQ/\-FO8]!4-_P!ZFL>@J&_[UW/X3Q5\ M1#X`_P"2FVW_`&";S_T=:U[#BO'_`(?_`/)3K;_L$7G_`*.M:]BQ7!/XF>YA M_P"%'^NHW%<3\8Q_Q05Q_P!?MA_Z60UW&*XGXR#_`(H&X_Z_;#_TLAJ35['$ MZ?VK;_Y85B:?VK;_`.6%>A#8^?GN8NH=Z[3X.#_B@K?_`*_;_P#]+)JXO4.] M=K\'!_Q0-O\`]?M__P"EDU@97B&^N=-TU[FTM[>9 MDRSO=70MH(4"EFDDDPQ50%QPK')&0!EEJZ;K5SJ?AB/4['3_`#;F7*QP"8"- MR'*>8LI',)QO#A>:8RLR?,=B!GD`4[C@K\WRDLAZ6. M4LB%6:6,,,-M4,R@=-M_3_"\-I;:/8-<2 M3Z5I-O#%;6T@'SR1@!992.'*A5*K@!6RV"0A1:C]TU=-EN;BRCFO;7[).^28 M#()"@R=H8CC=C&0"0#D!F`#'FM"CO$^)7B7[=/;S;M.L&A\F!HMD7G7NU6R[ M;F'.6&T'^Z*U/"'A_P#X1S39;3[=<7N^8R[YCR/E5<_[S;=[M_'(\CX&[:,C MPQ%J47Q!\0+K-W9W=Q_9>GE7M+5K=0OFWF`5:20DYSSGN..,E]@[G98KP[]K MT?\`%M=-_P"PO%_Z)FKW/%>&_M??\DUTW_L+Q?\`HF:E/X6.G\2/3?A@/^+: M^$O^P1:?^B4KIL5S7PP'_%M/"7_8(M/_`$2E=-BFMA/<3%&*7%&*!"8KF?A@ M/^+:^$O^P1:?^B4KI\5S/PP'_%M/"7_8(M/_`$2E'4?0Z7%&*7%&*!"8HQ2X MHQ0`F*,4N*,4`)BO$-9_Y*#XM_Z_8?\`TCMZ]PQ7A^M?\E"\6_\`7[#_`.D= MO5T_B1SXK^&S7L>@J&_[U-8]!4-_WKO?PGB+XB/X??\`)3K;_L$7G_HZUKV+ M%>._#W_DIUM_V"+S_P!'6M>QXKSY_$SWQP^G]JV_^6%8FG]JV_P#EA7HPV/GI M[F+J'>NV^#8_XH&W_P"OV_\`_2R:N)U#O7;_``:'_%`V_P#U^W__`*635RUM MSTL#U.UQ1BEQ1BL#T#C?%'CRU\/Z[_9+:3JE_O\`$KQ-]O@MX=NG6"P^3.TN^+SKW:S91=K'G*C-=CBN M+\+R:G+\0?$#:S:6=I<#2]/"I:737"E?-O,$LT<9!SGC'8<\X'.STELSL\5X M;^U]_P`DUTW_`+"\7_HF:O<\5X;^U_\`\DTTS_L+Q?\`HF:IGL5#XD>G?"__ M`))IX2_[!%I_Z)2NFKFOA?\`\DT\)?\`8(M/_1*5TU-;">YY;HUO"FKZ!JJ0 MQKJEYXEU2SN;P*!-/`GV_9$[_>9%\F+"DD#RTP/E&/4:I0Z/ID.KSZK#IUG' MJDZ".6\2!1-(O'RL^-Q'RKP3_"/2KU"T!ZF-K&K7MAN./^'.OZE#\/?#$4?A#7;A$TNU59HY;()(!$H#+NN` MV#U&0#Z@5Z37,_"__DFGA+_L$6G_`*)2CJ'0S=:\?2Z*EJVI^$?$,"W4WV>$ M[[)MS[&?'RW!Q\J,^&/$,<$"-)(V;0[5`R3@7&>@JU>?\`'NOTKSOX MB?\`(J:Y_P!>4_\`Z+:N6.;5G)*R_'_,[%D6'<7*[T\U_D>M_P#"2:K_`-"5 MXA_[_6'_`,DT?\))JO\`T)7B'_O]8?\`R373T5]$?*',?\))JO\`T)7B'_O] M8?\`R37G&HZ5XGN?%6N:FGA'51!?7$W M44)M.Z(G!37*T>/VUKXDB^]X/U<_2XLO_DBH[JR\2RYV^$-7'UN;+_Y(KV2B MM?;3M:YS_4J5[V/&?"MCXETGQC%JUSX0U9K9+&>U*QW-D7W/)"P.#<`8Q$V> M>X_#O_\`A)-5_P"A*\0_]_K#_P"2:Z>BLGJ[G3"*A%11S'_"2:K_`-"5XA_[ M_6'_`,DUSOQ`N->\1>%YM-LO!NMQSO<6TH::XL0N([B.1NEP3G"'''7'3K7I M-%(9XE:Z7XGBQN\(:J?IW_A#]8S_U\67_`,D5ZY16RK26 MS.5X*D^AXE=:7XGESM\(:J/K^#=;DG2XN9BT- MQ8E<27$DB];@'.'&>.N>O6O2:*B4G+_M;I\W-GDK%.DC`?O\` MKA3CWQTKWBBB524M&Q0PM.#32.8_X235?^A*\0_]_K#_`.2:H>%[VXO_`(A> M();K2[S3'&EZ>HANVA9V'FWIW#RG=<#QTSVUU:_QI_X]/"__`&&/_;2Y MK(TGM7S>;_[PO3]6?89#_N?\>Z_2O._B)_R*FN?]>4__HMJ]$O/ M^/=?I7G?Q$_Y%37/^O*?_P!%M7G1^->IZD?XHWKSPZY4]B:[+%<=H-[#>_ M$SQ/Y*7"^1IUA`_G6\D.66:]R5WJ-Z\\.N5/8FDQH["O"_VPO^29Z9_V%XO_ M`$3-7NN*\*_;#_Y)GIG_`&%XO_1,U*6PX?$CT_X7#_BV?A'_`+!%I_Z)2NHQ M7,_"T?\`%LO"/_8'L_\`T2E=/BF@>XF*,5Q4_BC4XK7Q)YEM91W%EK=MI-H5 M9I$"SBU"2R?=+$&YW%!MZ;0W\9V?"NHWMZVKV>J-;27FF7@M'GMXVBCFS!%, M&$;,Q3`F"XW-DKGC.`7%8W,5R_PN'_%L_"/_`&"+3_T2E:.L^*/#^B72VVM: M[I6G7#H)%BN[R.%RI)`8!B#C((S[&L_X7D+\,?")8@#^R+,<_P#7%*.H[:'/ M_&H?Z)X7_P"PQ_[9W-8^D]JV/C80+7PLI(W'5R0/^W2YK'TGM7SF;_QUZ?JS MZ_(O]SE_B?Y(W+S_`(]U^E>=_$3_`)%37/\`KRG_`/1;5Z)>?\>Z_2O._B)_ MR*FN?]>4_P#Z+:O.C\:]3U(_PY>C/H?%&*`020""0<'VI-R[0VY=IQ@YX.>E M?:GYV+BC%&1N"Y&XC(%`()(!!(.#[4`&*,4FY=H;DJ2I(S@@X]Q76:GJ-CI5G)=ZI>VUE:Q@%YKF58T7)`&68@#D@?4 MBN4\+:QIFM_$/Q#DJ2I(S@@X]Q28TM#M<5X3 M^V(/^+9Z9_V%XO\`T3/7N^*\)_;%_P"29:9_V&(O_1,]*6PX?$CU#X6_\DR\ M(_\`8'L__1*5LZCI5OJ%U9W$\EZCVC[XQ!>30(QR#\ZHP60?*.'!'7CDYQ_A M:/\`BV/A#_L#V?\`Z)2NHQ0M@>YQC>$+V;_A(OM6J6[?VCJ5OJEKY=FR_9Y8 M/)\L/F0^8O\`H\.X#83\^"NX;=GPWH\^EKJ$U]=1W5_J%S]JN9(83#%N$4<0 M"(68J-D29RS9.X\`@#:Q1BG8+L;BN8^%O_),O"/_`&![/_T2E=3BN7^%H_XM MCX0_[`]G_P"B4I=0Z'/?&S_CS\+?]AC_`-L[FL72>U;GQWM=0/@Z#5M,MH[L MZ)TZZL[>$W-Y=PZE M((K6(9R[%X%+X"L2L8=@!ROS+N\3,<)5K5E*"NK>7F?293CJ&'PSIU)6=V]G MV1U]Y_Q[K]*\[^(G_(J:Y_UY3_\`HMJZ?Q&_C/3YK2QM_#>E:E?W$,`@$CBM93Q!XDTV:VL=/TIM+OHXK1M534)/)@D MNHT,*LC0+*2PGA/"%1Y@R1AMO''+\0I)\OXK_,[XYIA>1KGZ/H_\CZ7Q1BN9 MT_QMI.HZ,=0L/M$^Z9;>"V6/$UP[QK+$$4D#YXG23)("J27V;'V]1BOJ#XNP MW%&*=BC%`#<48IV*,4`-Q1BG8HQ0`W%&*=BC%`#<48IV*,4`-Q1BG8HQ0`W% M&*=BC%`#<48IV*,4`-Q1BG8HQ0`W%+/#VJW_`(4\4:?9:G)?7&K6TMO! M%J#1Q0VHD#*=K10[R`'SAMY.P#(R6JKXTL?%VKVMM:Z?9:"UH]L6NX+J_F"2 M3D<1MMA)DMP>67*&3A3M73$J>;*TU[ND;`Y8X&2>3BNTQ7$>%=)M]'^(OB*WM)+V2- MM*TZ0F[O)KI\F:]'#2LS`<#@''4XY-`T=KBO"/VQ_P#DF.F?]AB+_P!$SU[S MBO!_VR?^28Z9_P!AB+_T3/2EL..YZC\+/^28>$/^P/9_^B$KJ,5S/PK'_%L/ M"'_8'L__`$0E;.HPZI)=6;:;>65O;(^;I+BT:9Y5R.$82($.-W)#]1QQ@B!G M/R^.+2V9EOM+U:SDE026,=Q'&KWP,L<2[%WDQDO/`N)A&1Y@R!M?;LZ!K$>L M0W/^BW-G=6DWV>YM;G89(7V*X!*,R'*2(V58C#8.""!P&IVGB3Q)J;7M]X6O M;.2S>.:T$UW;86*&]MIS$@25M\TRP9+.41"B(#R\C=EX.L[R.;7M0O[.2Q.J M7XNH[69T:6)5MH((]5TN,(%,-I':LC').X^;"[9YQP<<#CKG&TKP3>Z5I=GIU MAXS\116=I"EO!'Y5@VQ$4*HR;8DX`').:`.PQ1BN9_X1C5O^AX\1?]^-/_\` MD6C_`(1C5O\`H>/$7_?C3_\`Y%HN%CIL48K@-!TS7-0U7Q';3>-=>6/3;]+6 M(I;V`+*;6";+9MN3NE8<8X`^IV?^$8U;_H>/$7_?C3__`)%HN%CIL48KF?\` MA&-6_P"AX\1?]^-/_P#D6C_A&-6_Z'CQ%_WXT_\`^1:+A8Z;%&*YG_A&-6_Z M'CQ%_P!^-/\`_D6C_A&-6_Z'CQ%_WXT__P"1:+A8Z;%&*X#QKIFN:'X-U[5K M3QKKSW-A83W42RV]@4+)&S`,!;`XR.<$5L_\(QJW_0\>(O\`OQI__P`BT7"Q MTV*,5S/_``C&K?\`0\>(O^_&G_\`R+1_PC&K?]#QXB_[\:?_`/(M%PL=-BC% M(O^_& MG_\`R+1<+'38HQ7,_P#",:M_T/'B+_OQI_\`\BT?\(QJW_0\>(O^_&G_`/R+ M1<+'38HQ7,_\(QJW_0\>(O\`OQI__P`BT?\`",:M_P!#QXB_[\:?_P#(M%PL M=-BC%P"!GC5B%!MB<9/&2:V?^$8U; M_H>/$7_?C3__`)%HN%CIL5QN@6$-C\3_`!1Y+W+>?INGSOY]Q)-AFGO&WDF ME<2&0)L1%+.?W,I(4$A49B`!FMO%2VMLTTWD_ M9;J-/D0%W`DN!PH.-[-@#<:+C+,WC70(8X)&O)#'(AD=DM9G%LH8J6N"%/V< M!D<$R[,&.0'&QL=)BO%9K&_AMF+Z)>DW;WEQ#`MI,PU=9M0GFCM+K9Q;IL=# MF<#!N&!PBW$4GM>*28-"8HQ2XHQ3$)BC%+BC%`'-6?C70+V2R6UO))([Q(7C MG%K-Y*^:JM$CR[=D;L'3".58^8G'S+FUHOB;2M9NFM]/N)'D"&6,R6\D27$8 M(!DA=U"S)\R_/&67YT.?F7/$WNF26E]JNAV6EW,7VO7M+O[)8+1Q;+:6XL0Y M\U5\J/:+:4!&96.T``[ES:^'>B:BFJ6%V\__`!3VCZ:^DZ4EQI\EI=RQLT.6 ME5WS\HMXU!*1EV+D(J["RNQV/1L48I<48IB$Q1BEQ1B@"I>7]M9W%C!W@>TBDG:XD1F M5A$B*6DQY;G*@C:I;[HS6W-;0SR0230QR20.9(6=03&Q4KN4GH=K,,CLQ'>O M+='DE_L?1-3;3]66VT[Q1J5Y8X/VF'[JG&XYQM;"N. MQZ9I=_;:I8Q7EC+YD$F0"5*LI!(964@%65@592`5(((!!%6L5SGP_MI[?PXQ MN89(3<7]]=QI*I1_*FNYI8RRGE24=258!AG!`((KI,4[B$Q1BEQ1B@!,5BWG MB?1K*22.[OXH9([^'2RKA@6NI51HXE&/F)65#QD`9)(VMC;Q7&?$E(K/0(Y; M>PN999]8TZXF%C923R/Y5S`[R.(E9CB*'[Q[*J]=HHN,Z-M7T]=>CT4W<7]J MR6S7@M@"_MF?\DOTO\`[#$7_HB>O>\5 MX+^V9_R2_2_^PQ%_Z(GI2V*CN>I?"K_DE_@__L#6?_HA*ZFOB3P_^TAXOT+0 M=-TFTT[0'MK"VBM8FE@F+E(U"@L1*!G`&<`5?_X:E\;?]`OPY_X#S_\`QZE< M=C[,HKXS_P"&I?&W_0+\.?\`@//_`/'J/^&I?&W_`$"_#G_@//\`_'J=Q6/L MRBOC/_AJ7QM_T"_#G_@//_\`'J/^&I?&W_0+\.?^`\__`,>HN%C[,HKXS_X: ME\;?]`OPY_X#S_\`QZC_`(:E\;?]`OPY_P"`\_\`\>HN%C[,HKXS_P"&I?&W M_0+\.?\`@//_`/'J/^&I?&W_`$"_#G_@//\`_'J+A8^S**^,_P#AJ7QM_P!` MOPY_X#S_`/QZC_AJ7QM_T"_#G_@//_\`'J+A8^S**^,_^&I?&W_0+\.?^`\_ M_P`>H_X:E\;?]`OPY_X#S_\`QZBX6/LRBOC/_AJ7QM_T"_#G_@//_P#'J/\` MAJ7QM_T"_#G_`(#S_P#QZBX6/LRBOC/_`(:E\;?]`OPY_P"`\_\`\>H_X:E\ M;?\`0+\.?^`\_P#\>HN%C[,HKXS_`.&I?&W_`$"_#G_@//\`_'J/^&I?&W_0 M+\.?^`\__P`>HN%C[,HKXS_X:E\;?]`OPY_X#S__`!ZC_AJ7QM_T"_#G_@// M_P#'J+A8^S**^,_^&I?&W_0+\.?^`\__`,>H_P"&I?&W_0+\.?\`@//_`/'J M+A8^S**^,_\`AJ7QM_T"_#G_`(#S_P#QZC_AJ7QM_P!`OPY_X#S_`/QZBX6/ MLRBOC/\`X:E\;?\`0+\.?^`\_P#\>H_X:E\;?]`OPY_X#S__`!ZBX6/LRBOC M/_AJ7QM_T"_#G_@//_\`'J/^&I?&W_0+\.?^`\__`,>HN%C[,HKXS_X:E\;? M]`OPY_X#S_\`QZC_`(:E\;?]`OPY_P"`\_\`\>HN%C[,KP7]LW_DE^E_]AF+ M_P!$3UY;_P`-2^-O^@7X<_\``>?_`./5R/Q-^,_B'XBZ#!I.MV>DP6T-RMTK 56D4BN7"NH!+2,,8<]O2DWH-+4__9 ` end XML 16 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 10 85 1 true 10 0 false 2 false false R1.htm 0011 - Document - Document And Entity Information {Elements} Sheet http://www.ProxyEdge.com/role/DocumentDocumentandEntityInformation Document And Entity Information false true R2.htm 0112 - Document - Risk/Return Summary {Unlabeled} (MainStay Marketfield Fund) Sheet http://www.ProxyEdge.com/role/RiskReturn_S000038282Member Risk/Return Summary (MainStay Marketfield Fund) false false R9.htm 040000 - Disclosure - Risk/Return Detail Data {Elements} Sheet http://xbrl.sec.gov/rr/role/RiskReturnDetailData Risk/Return Detail Data true false All Reports Book All Reports ck0001469192-20121231.xml ck0001469192-20121231.xsd ck0001469192-20121231_cal.xml ck0001469192-20121231_def.xml ck0001469192-20121231_lab.xml ck0001469192-20121231_pre.xml BarChart1.jpg true true