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PGFRX Putnam Global Financial R

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Fund PGFRX Putnam Global Financial R IXG iShares Global Financials  
Similarity
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100% 89%
Annual Fees
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$165.01
(1.56% Exp. Ratio)
$49.71
(0.47% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.78% annual return
$33,637.52 $46,805.39
Est. savings over 30 yrs +$13,167.88
Return
As of 11/30/16
1 YR RETURN -0.60%
3 YR -0.20%
5 YR 10.15%
10 YR --
1 YR RETURN 6.18%
3 YR 2.68%
5 YR 12.01%
10 YR -1.62%
Description
The investment seeks capital appreciation. The fund invests mainly in common stocks (growth or value stocks or both) of large and midsize companies worldwide that the managers believe have favorable investment potential. Under normal circumstances, it invests at least 80% of its net assets in securities of companies in the financial services industries. It is non-diversified.
The investment seeks to track the investment results of the S&P Global 1200 Financials Sector IndexTM. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the underlying index. The index measures the performance of companies that the index provider deems to be part of the financial sector of the economy and that the index provider believes are important to global markets.

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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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