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MGALX MFS Growth Allocation R2

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Fund MGALX MFS Growth Allocation R2 FFNOX Fidelity® Four-in-One Index SWHGX Schwab MarketTrack Growth  
Similarity
?
100% 91% 90%
Annual Fees
?
$136.28
(1.30% Exp. Ratio)
$11.53
(0.11% Exp. Ratio)
$65.00
(0.62% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.83% annual return
$27,815.92 $39,851.00 $34,178.16
Est. savings over 30 yrs +$12,035.08 +$6,362.24
Return
As of 11/30/16
1 YR RETURN 3.95%
3 YR 3.43%
5 YR 8.29%
10 YR 4.91%
1 YR RETURN 4.40%
3 YR 4.99%
5 YR 10.27%
10 YR 5.14%
1 YR RETURN 6.89%
3 YR 4.78%
5 YR 9.69%
10 YR 4.92%
Description
The investment seeks a high level of total return consistent with a greater than moderate level of risk relative to the other MFS Asset Allocation Funds. The fund is designed to provide diversification among different asset classes by investing its assets in other mutual funds advised by the adviser, referred to as underlying funds. Within the stock fund allocations, the adviser seeks to diversify globally (by including domestic and international underlying funds), in terms of market capitalization (by including large, mid, and small capitalization underlying funds), and by style (by including both growth and value underlying funds).
The investment seeks high total return. The fund invests in a combination of four Fidelity® stock and bond index funds (underlying Fidelity® Funds) using an asset allocation strategy designed for investors seeking a broadly diversified, index-based investment. It allocates approximately 48% of its assets in Fidelity® 500 Index Fund, 12% in Fidelity® Extended Market Index Fund, 25% in Fidelity® International Index Fund, and 15% Fidelity® U.S. Bond Index Fund.
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.

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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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