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WAGRX InvestEd Growth

3 lower fee alternatives found

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Fund WAGRX InvestEd Growth DGIFX Disciplined Growth Investors TRSGX T. Rowe Price Personal Strat Gr  
Similarity
?
100% 85% 85%
Annual Fees
?
$118.32
(1.13% Exp. Ratio)
$81.68
(0.78% Exp. Ratio)
$82.72
(0.79% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.71% annual return
$28,300.38 $31,465.38 $31,370.38
Est. savings over 30 yrs +$3,165.00 +$3,070.00
Return
As of 12/31/16
1 YR RETURN 2.01%
3 YR 2.94%
5 YR 9.04%
10 YR 5.75%
1 YR RETURN 13.12%
3 YR 6.32%
5 YR 11.37%
10 YR --
1 YR RETURN 7.02%
3 YR 4.36%
5 YR 10.80%
10 YR 5.75%
Description
The investment seeks to provide growth of capital. The fund is designed for investors who seek growth of capital and can accept equity market volatility in return for potentially higher returns. It also is designed for investors who plan to maintain their investments, and who do not expect to incur expenses related to higher education, for at least nine years. The Portfolio invests, primarily, in Waddell & Reed Advisors and/or Ivy equity mutual funds that have a long-term growth orientation. It also invests, to a lesser extent, in Waddell & Reed Advisors and/or Ivy bond and income-producing mutual funds.
The investment seeks long-term capital growth, and as a secondary objective, modest income with reasonable risk. The fund normally invests approximately 60% of its assets in equity securities and approximately 40% in fixed-income securities and cash equivalents. The fund's fixed-income securities will generally have weighted average maturity of five to 10 years. The adviser seeks to generally invest in mid-sized companies with market capitalizations at the time of purchase greater than $1 billion and less than $10 billion. It may invest in both investment-grade and below investment-grade securities.
The investment seeks the highest total return over time consistent with a primary emphasis on capital growth and a secondary emphasis on income. The fund invests in a diversified portfolio typically consisting of approximately 80% stocks; 16% bonds, money market securities, and cash reserves; and 4% alternative investments, including through hedge funds. Under normal conditions, its allocation to the broad asset classes will be within the following ranges: stocks (70-90%), bonds and money markets (5-25%), and alternative investments (0-10%).

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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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