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RMYCX Russell Multi-Strategy Income C

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Fund RMYCX Russell Multi-Strategy Income C AMJVX American Century Multi-Asset Inc Inv TBAYX Touchstone Dynamic Diversified Income Y  
Similarity
?
100% 86% 86%
Annual Fees
?
$192.90
(1.86% Exp. Ratio)
$97.49
(0.94% Exp. Ratio)
$113.04
(1.09% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.71% annual return
$16,973.62 $22,456.53 $21,458.48
Est. savings over 30 yrs +$5,482.91 +$4,484.86
Return
As of 11/30/16
1 YR RETURN 4.36%
3 YR --
5 YR --
10 YR --
1 YR RETURN 7.92%
3 YR --
5 YR --
10 YR --
1 YR RETURN 5.45%
3 YR 3.48%
5 YR 6.86%
10 YR 4.61%
Description
The investment seeks to provide a high level of current income and, as a secondary objective, long-term capital growth. The fund principally invests in a range of diversified income-producing investments. It will typically pursue strategies and invest in instruments which have historically produced a significant portion of their total return from income. The fund will generally invest 25% to 75% of its assets in equity or equity-related securities or instruments and 25% to 75% of its assets in fixed income or fixed income related securities or instruments.
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.
The investment seeks to provide investors with current income. The fund is a "fund-of-funds," which seeks to achieve its investment goal by investing primarily in a diversified portfolio of fixed-income and equity-income oriented underlying funds (although a portion of its assets may be invested in cash, cash equivalents, or in money market funds). The majority of the underlying funds in which the fund invests will be affiliated funds.

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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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