The MainStay Conservative ETF Allocation Fund Class C (MNEKX) is a mutual fund that focuses on providing a conservative investment strategy through a diversified portfolio of exchange-traded funds (ETFs). This fund is designed for investors seeking a lower level of risk and volatility in their investments, with a focus on preserving capital and generating steady income. The fund is managed by MainStay Investments and offers a cost-effective way to access a mix of different asset classes, including stocks, bonds, and cash equivalents. With a ticker symbol of MNEKX, this mutual fund is easily identifiable and can be traded on major stock exchanges.