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TORCX Tortoise MLP & Pipeline C

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Fund TORCX Tortoise MLP & Pipeline C ENFR Alerian Energy Infrastructure ETF  
Similarity
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100% 95%
Annual Fees
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$210.34
(1.99% Exp. Ratio)
$68.70
(0.65% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.70% annual return
$28,861.04 $43,374.70
Est. savings over 30 yrs +$14,513.66
Return
As of 12/31/16
1 YR RETURN 40.74%
3 YR -0.39%
5 YR 6.40%
10 YR --
1 YR RETURN 42.01%
3 YR 0.11%
5 YR --
10 YR --
Description
The investment seeks total return. The fund normally invests at least 80% of its net assets plus the amount of any borrowings for investment purposes in securities of MLPs and pipeline companies. The advisor intends to focus its investments primarily in equity securities of MLPs and pipeline companies that own and operate a network of energy infrastructure asset systems that transport, store, distribute, gather and/or process crude oil, refined petroleum products (including biodiesel and ethanol), natural gas or natural gas liquids. 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".

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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