Investment Test Drive

LCMNX Miller Income Opportunity C

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 LCMNX Miller Income Opportunity C PCAFX Prospector Capital Appreciation ALTY Global X SuperDividend® Alternatives ETF  
Similarity
?
100% 85% 90%
Annual Fees
?
$312.98
(2.99% Exp. Ratio)
$137.13
(1.31% Exp. Ratio)
$299.37
(2.86% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.68% annual return
$15,847.42 $26,525.15 $16,497.05
Est. savings over 30 yrs +$10,677.73 +$649.63
Return
As of 12/31/16
1 YR RETURN 13.20%
3 YR --
5 YR --
10 YR --
1 YR RETURN 14.68%
3 YR 5.21%
5 YR 7.97%
10 YR --
1 YR RETURN 17.41%
3 YR --
5 YR --
10 YR --
Description
The investment seeks to provide a high level of income while maintaining the potential for growth. Under normal market conditions, the fund will invest primarily in cash distributing equity, and equity-like securities, fixed income securities, derivatives, and other financial instruments of issuers located anywhere in the world. It can invest without limit in foreign securities in any country, including countries with developing or emerging markets. The fund is non-diversified.
The investment seeks capital appreciation. Under normal market conditions, the fund invests primarily in a variety of equity and equity-related securities, including common stocks, convertible preferred and convertible debt securities. The Advisor attempts to buy investments priced to generate long-term total returns significantly above those of general stock indices and U.S. treasuries. Using a value orientation, the Investment Manager will invest in positions in the United States and other developed markets. The fund will invest without regard to market capitalization.
The investment seeks to track, before fees and expenses, the price and yield performance of the Indxx SuperDividend® Alternatives Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is comprised of securities that rank among the highest dividend yielding securities in each eligible category of alternative income investments, at the time of index reconstitution, as defined by the index provider. The fund is non-diversified.

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!