Investment Test Drive

LEMQX Lord Abbett Emerging Markets Local Bd R2

7 lower fee alternatives found

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Fund LEMQX Lord Abbett Emerging Markets Local Bd R2 EMLC VanEck Vectors JP Morgan EM LC Bd ETF LEMB iShares Emerg Mkts Local Currency Bond  
Similarity
?
100% 95% 86%
Annual Fees
?
$147.99
(1.45% Exp. Ratio)
$47.97
(0.47% Exp. Ratio)
$51.03
(0.50% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.06% annual return
$11,905.53 $16,020.28 $15,876.04
Est. savings over 30 yrs +$4,114.75 +$3,970.51
Return
As of 11/30/16
1 YR RETURN 3.16%
3 YR -6.30%
5 YR --
10 YR --
1 YR RETURN 4.63%
3 YR -5.03%
5 YR -2.01%
10 YR --
1 YR RETURN 4.76%
3 YR -3.53%
5 YR -0.87%
10 YR --
Description
The investment seeks total return. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in emerging market debt securities denominated in local (non-U.S.) currencies and derivative instruments that are intended to provide economic exposure to such debt securities or emerging market currencies. It may invest in all types of emerging market debt securities and derivative instruments. The fund may invest in securities of any credit quality, maturity, or duration. The fund is non-diversified.
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the J.P. Morgan GBI-EMG Core Index (the "Emerging Markets Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of bonds issued by emerging market governments and denominated in the local currency of the issuer. It may concentrate its investments in a particular industry or group of industries to the extent that the index concentrates in an industry or group of industries. The fund is non-diversified.
The investment seeks to track the investment results of the Bloomberg Barclays Emerging Markets Broad Local Currency Bond Index composed of local currency denominated, emerging market sovereign bonds. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates. The index measures the performance of local currency-denominated sovereign bond markets of emerging market countries. 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.

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

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