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HCMRX Harbor Commodity Real Return ST Admin

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Fund HCMRX Harbor Commodity Real Return ST Admin EAPCX Parametric Commodity Strategy Investor  
Similarity
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100% 87%
Annual Fees
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$120.28
(1.19% Exp. Ratio)
$90.97
(0.90% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.08% annual return
$9,625.36 $10,509.92
Est. savings over 30 yrs +$884.57
Return
As of 11/30/16
1 YR RETURN 8.47%
3 YR -12.32%
5 YR -10.31%
10 YR --
1 YR RETURN 12.01%
3 YR -8.88%
5 YR -7.87%
10 YR --
Description
The investment seeks maximum real return, consistent with prudent investment management. The fund seeks to achieve its investment objective by investing under normal market conditions in commodity-linked derivative instruments backed by a portfolio of inflation-indexed securities and other fixed income instruments. Rather than invest directly in physical commodities, the fund employs an enhanced index strategy.
The investment seeks total return. The fund invests primarily in commodity-linked derivative instruments backed by a portfolio of fixed-income securities. The fund's portfolio of fixed-income securities is generally comprised of U.S. Treasury bills and cash. The average portfolio duration of the fund's fixed-income portfolio will vary and under normal market conditions is not expected to exceed one year. Commodity-linked derivative instruments include commodity index-linked swap agreements, commodity options and futures and options on futures, and commodity index-linked notes.

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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.

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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".

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