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EMLAX MFS Emerging Markets Debt Lcl Ccy A

2 lower fee alternatives found

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Fund EMLAX MFS Emerging Markets Debt Lcl Ccy A ELD WisdomTree Emerging Markets Lcl Dbt ETF TGWNX TCW Emerging Markets Local Ccy Inc N  
100% 88% 92%
Annual Fees
(1.10% Exp. Ratio)
(0.55% Exp. Ratio)
(0.99% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.05% annual return
$13,172.44 $15,556.83 $13,619.13
Est. savings over 30 yrs +$2,384.39 +$446.69
As of 12/31/16
1 YR RETURN 9.49%
3 YR -4.40%
5 YR -2.15%
10 YR --
1 YR RETURN 9.91%
3 YR -3.54%
5 YR -1.85%
10 YR --
1 YR RETURN 12.14%
3 YR -3.54%
5 YR -0.45%
10 YR --
The investment seeks total return with an emphasis on high current income, but also considering capital appreciation. The fund normally invests at least 80% of its net assets (i) in debt instruments of issuers that are tied economically to emerging market countries and denominated in local currencies and (ii) in derivative instruments with similar economic characteristics to these instruments. Emerging market countries include countries located in Latin America, Asia, Africa, the Middle East, and developing countries of Europe, primarily Eastern Europe. It is non-diversified.
The investment seeks a high level of total return consisting of both income and capital appreciation. The fund seeks to achieve its investment objective through investment in bonds and other debt instruments denominated in the local currencies of emerging market countries. Under normal circumstances, it will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in Local Debt. The Advisor attempts to maintain an aggregate portfolio duration of between two and ten years under normal market conditions. The fund is non-diversified.
The investment seeks to provide high total return from current income and capital appreciation. Under normal circumstances, the fund invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in debt securities issued or guaranteed by non-financial companies, financial institutions and government entities in Emerging Market Countries denominated in the local currencies of an issuer, and in derivative instruments that provide investment exposure to such securities. It may, but is not required to, hedge its exposure to non-U.S. currencies. The fund is non-diversified.

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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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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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