Investment Test Drive

AADAX Invesco Growth Allocation A

2 lower fee alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Investing
$
  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund AADAX Invesco Growth Allocation A SWHGX Schwab MarketTrack Growth FBPBX FBP Appreciation & Income Opportunities  
Similarity
?
100% 91% 85%
Annual Fees
?
$121.61
(1.16% Exp. Ratio)
$65.00
(0.62% Exp. Ratio)
$113.22
(1.08% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.84% annual return
$29,066.64 $34,228.07 $29,780.77
Est. savings over 30 yrs +$5,161.44 +$714.13
Return
As of 11/30/16
1 YR RETURN 5.33%
3 YR 2.63%
5 YR 7.11%
10 YR 2.99%
1 YR RETURN 6.89%
3 YR 4.78%
5 YR 9.69%
10 YR 4.92%
1 YR RETURN 9.79%
3 YR 3.72%
5 YR 9.36%
10 YR 3.60%
Description
The investment seeks long-term growth of capital consistent with a higher level of risk relative to the broad stock market. The fund is a "fund of funds," and invests its assets in other underlying mutual funds advised by the Adviser and ETFs advised by PowerShares Capital or mutual funds and ETFs advised by unaffiliated advisers. Its target allocation is to invest approximately 70%-90% of its total assets in underlying funds that invest primarily in equity securities, approximately 5%-30% of its total assets in underlying funds that invest primarily in fixed-income securities and approximately 5%-20% of its total assets in alternative asset classes.
The investment seeks high capital growth with less volatility than an all-stock portfolio. To pursue its goal, the portfolio maintains a defined asset allocation. The portfolio's target allocation includes stock, bond and cash investments. The portfolio's allocation focuses on stock investments, while including some bonds and cash investments in seeking to reduce the portfolio's volatility. The portfolio seeks to remain close to the target allocations of 80% equity, 15% fixed income and 5% cash and cash equivalents (including money market funds) and typically does not change its target allocation.
The investment seeks long term capital appreciation and current income, assuming a moderate level of investment risk. The fund seeks to achieve its objectives by investing in a portfolio of both equity and fixed income securities. Fixed income securities include corporate debt obligations, U.S. government obligations and shares of ETFs that invest primarily in corporate debt obligations and U.S. government obligations.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

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.

+

Your Feedback has been sent successfully!