Investment Test Drive

CTOAX American Funds College 2021 529A

2 lower fee alternatives found

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Fund CTOAX American Funds College 2021 529A VSCGX Vanguard LifeStrategy Cnsrv Gr Inv SWCGX Schwab MarketTrack Conservative  
Similarity
?
100% 85% 89%
Annual Fees
?
$74.53
(0.72% Exp. Ratio)
$13.46
(0.13% Exp. Ratio)
$68.32
(0.66% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.51% annual return
$22,692.83 $27,107.36 $23,107.89
Est. savings over 30 yrs +$4,414.52 +$415.06
Return
As of 12/31/16
1 YR RETURN 4.20%
3 YR 3.23%
5 YR --
10 YR --
1 YR RETURN 5.96%
3 YR 4.20%
5 YR 6.15%
10 YR 4.39%
1 YR RETURN 6.41%
3 YR 3.59%
5 YR 5.72%
10 YR 3.86%
Description
The investment seeks to achieve the following objectives to varying degrees: growth, income and preservation of capital, depending on the proximity to its target date; the target date is meant to roughly correspond to the year in which the fund beneficiary will start to withdraw funds to meet higher education expenses. The adviser will attempt to achieve the fund's investment objectives by investing in a mix of American Funds in different combinations and weightings. The underlying American Funds represent a variety of fund categories such as growth-and-income funds, equity-income funds, balanced funds and bond funds.
The investment seeks current income and low to moderate capital appreciation. The fund invests in other Vanguard mutual funds according to a fixed formula that reflects an allocation of approximately 60% of the fund's assets to bonds and 40% to common stocks. Its indirect bond holdings are a diversified mix of short-, intermediate-, and long-term U.S. government, U.S. agency, and investment-grade U.S. corporate bonds; mortgage-backed and asset-backed securities; and government, agency, corporate, and securitized investment-grade foreign bonds issued in currencies other than the U.S. dollar (but hedged by Vanguard to minimize foreign currency exposure).
The investment seeks income and more growth potential than an all-bond portfolio. To pursue its goal, the portfolio maintains a defined asset allocation. The portfolio's target allocation includes bond, stock and cash investments. The portfolio's allocation is weighted toward bond investments, while including substantial stock investments in seeking to obtain long-term growth. The portfolio seeks to remain close to the target allocations of 55% fixed income, 40% equity and 5% cash and cash equivalents (including money market funds) and typically does not change its target allocation.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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