Investment Test Drive

TOPTX Tortoise Select Opportunity Investor

1 lower fee alternative found

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Fund TOPTX Tortoise Select Opportunity Investor EMLP First Trust North Amer Engy InfrasETF  
Similarity
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100% 86%
Annual Fees
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$142.73
(1.35% Exp. Ratio)
$100.44
(0.95% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.72% annual return
$35,337.12 $39,898.16
Est. savings over 30 yrs +$4,561.04
Return
As of 12/31/16
1 YR RETURN 27.79%
3 YR -0.80%
5 YR --
10 YR --
1 YR RETURN 29.67%
3 YR 6.24%
5 YR --
10 YR --
Description
The investment seeks total return. Under normal circumstances, the fund invests primarily in the securities of North American energy companies or other companies that benefit from the operations of such North American energy companies ("Beneficiaries"). It seeks to achieve its investment objective by investing typically in common stocks issued by 15 to 40 companies of any capitalization that are publicly traded on an exchange or in the over-the-counter market. The fund is non-diversified.
The investment seeks total return. The fund invests at least 80% of its net assets in equity securities of companies deemed by the sub-advisor to be engaged in the energy infrastructure sector. These companies principally include publicly-traded master limited partnerships and limited liability companies taxed as partnerships ("MLPs"), MLP affiliates, Canadian income trusts and their successor companies, pipeline companies, utilities, and other companies. 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.

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

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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