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QMACX Oppenheimer Global Multi-Asset Income C

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Fund QMACX Oppenheimer Global Multi-Asset Income C FDIV First Trust Strategic Income ETF AMJVX American Century Multi-Asset Inc Inv  
Similarity
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100% 85% 86%
Annual Fees
?
$213.24
(2.06% Exp. Ratio)
$93.16
(0.90% Exp. Ratio)
$97.30
(0.94% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.51% annual return
$15,095.63 $21,491.06 $21,232.34
Est. savings over 30 yrs +$6,395.43 +$6,136.71
Return
As of 12/31/16
1 YR RETURN 8.65%
3 YR --
5 YR --
10 YR --
1 YR RETURN 11.71%
3 YR --
5 YR --
10 YR --
1 YR RETURN 10.56%
3 YR --
5 YR --
10 YR --
Description
The investment seeks total return. The fund seeks to achieve its investment objective by investing in a broad range of debt securities, equity securities and other types of investments. Under normal market conditions, it will invest either directly, indirectly (through underlying funds) or a combination of both, in securities of issuers that are economically tied to a number of different countries throughout the world. The fund can invest without limit in investment-grade and below investment-grade, high-yield debt securities (commonly referred to as "junk bonds").
The investment seeks risk-adjusted income; capital appreciation is the secondary objective. The fund is a multi-manager, multi-strategy actively managed exchange-traded fund. Its investment categories will be: (i) high yield corporate bonds, and first lien senior secured floating rate bank loans; (ii) mortgage-related investments; (iii) preferred securities; (iv) international sovereign bonds, including emerging markets debt; (v) equity securities of Energy Infrastructure Companies, certain of which are referred to as master limited partnerships; and (vi) dividend paying U.S. exchange-traded equity securities and depositary receipts. It is non-diversified.
The investment seeks income; long-term capital appreciation is a secondary objective. While the fund is not required to allocate its assets in any fixed proportion, over the long term, the fund's equity allocations are expected to range from approximately 20% to 80% of the fund's assets, and the fund's fixed-income allocations are expected to range from approximately 20% to 80% of the fund's assets. It may invest in affiliated and unaffiliated funds (acquired funds) to an unlimited extent.

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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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