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FSOCX Salient Select Opportunity C

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Fund FSOCX Salient Select Opportunity C MDIV Multi-Asset Diversified Income ETF FSORX Salient Select Opportunity Investor  
Similarity
?
100% 87% 100%
Annual Fees
?
$257.75
(2.47% Exp. Ratio)
$70.96
(0.68% Exp. Ratio)
$195.14
(1.87% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.35% annual return
$16,951.96 $29,253.28 $20,376.39
Est. savings over 30 yrs +$12,301.32 +$3,424.43
Return
As of 11/30/16
1 YR RETURN 0.10%
3 YR 0.72%
5 YR --
10 YR --
1 YR RETURN 6.59%
3 YR 2.55%
5 YR --
10 YR --
1 YR RETURN 0.79%
3 YR 1.31%
5 YR --
10 YR --
Description
The investment seeks total return through current income and long-term capital appreciation. The fund invests in a portfolio of equity, fixed income, and hybrid securities that Salient Management believes offer opportunities for total return, consisting of both income and capital appreciation. In considering investments, the Advisor pursues a value-oriented philosophy focused on an issuer's cash flow, asset quality and management capability. It is non-diversified.
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ Multi-Asset Diversified Income Index(SM). The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and/or depositary receipts (20%),real estate investment trusts ("REITs") (20%), preferred securities (20%),master limited partnerships ("MLPs") (20%) and an exchange-traded fund ("ETF")(20%) that comprise the index (each, an "Index Segment").
The investment seeks total return through current income and long-term capital appreciation. The fund invests in a portfolio of equity, fixed income, and hybrid securities that Salient Management believes offer opportunities for total return, consisting of both income and capital appreciation. In considering investments, the Advisor pursues a value-oriented philosophy focused on an issuer's cash flow, asset quality and management capability. It is non-diversified.

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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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