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GLPIX Goldman Sachs MLP Energy Infras IR

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Fund GLPIX Goldman Sachs MLP Energy Infras IR MLPX Global X MLP & Energy Infrastructure ETF ENFR Alerian Energy Infrastructure ETF  
Similarity
?
100% 89% 87%
Annual Fees
?
$124.68
(1.18% Exp. Ratio)
$47.55
(0.45% Exp. Ratio)
$68.68
(0.65% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.67% annual return
$36,583.08 $45,621.82 $42,950.76
Est. savings over 30 yrs +$9,038.75 +$6,367.69
Return
As of 11/30/16
1 YR RETURN 12.31%
3 YR -4.57%
5 YR --
10 YR --
1 YR RETURN 15.45%
3 YR 1.91%
5 YR --
10 YR --
1 YR RETURN 25.68%
3 YR 0.11%
5 YR --
10 YR --
Description
The investment seeks total return through current income and capital appreciation. The fund invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in energy infrastructure master limited partnership ("MLP") investments. The advisor intends to concentrate its investments in the energy sector, with a focus on "midstream" energy infrastructure MLPs. It may also invest in "upstream" and "downstream" MLPs. Upstream MLPs are primarily engaged in the exploration, recovery, development and production of crude oil, natural gas and natural gas liquids. The fund is non-diversified.
The investment seeks to provide investment results that correspond generally to the price and yield performance of the Solactive MLP & Energy Infrastructure Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index. It also invests at least 80% of its total assets in securities of master limited partnerships and energy infrastructure corporations. The fund's 80% investment policies are non-fundamental and require 60 days' prior written notice to shareholders before they can be changed. The underlying index tracks the performance of MLPs and energy infrastructure corporations. It is non-diversified.
The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian Energy Infrastructure Index. The underlying index is a composite of North American energy infrastructures engaged in the pipeline transportation, storage, and processing of energy commodities. The fund will normally invest at least 90% of its total assets in securities that comprise the underlying index. It 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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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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