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RSIVX RiverPark Strategic Income Retail

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Fund RSIVX RiverPark Strategic Income Retail VWEHX Vanguard High-Yield Corporate Inv PGHY PowerShares Global ShrtTerm HiYld Bd ETF  
Similarity
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100% 86% 90%
Annual Fees
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$121.42
(1.19% Exp. Ratio)
$23.47
(0.23% Exp. Ratio)
$35.71
(0.35% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.03% annual return
$12,771.26 $17,068.92 $16,463.65
Est. savings over 30 yrs +$4,297.66 +$3,692.38
Return
As of 11/30/16
1 YR RETURN 7.18%
3 YR 2.86%
5 YR --
10 YR --
1 YR RETURN 7.74%
3 YR 4.30%
5 YR 6.79%
10 YR 6.26%
1 YR RETURN 10.15%
3 YR 4.12%
5 YR --
10 YR --
Description
The investment seeks high current income and capital appreciation consistent with the preservation of capital. Under normal circumstances, the fund will invest no less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in (1) fixed income securities that the advisor believes are Money-Good, and for which, in the opinion of Cohanzick, if held to maturity, there is only a limited risk of loss of principal and (2) income producing equities, for which, in the opinion of Cohanzick, the issuing company has the resources to sustain its distributions.
The investment seeks to provide a high level of current income. The fund invests primarily in a diversified group of high-yielding, higher-risk corporate bonds-commonly known as "junk bonds"-with medium- and lower-range credit-quality ratings. It invests at least 80% of its assets in corporate bonds that are rated below Baa by Moody's Investors Service, Inc. (Moody's); have an equivalent rating by any other independent bond-rating agency; or, if unrated, are determined to be of comparable quality by the fund's advisor. The fund's high-yield bonds and loans mostly have short- and intermediate-term maturities.
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the DB Global Short Maturity High Yield Bond Index. The fund generally will invest at least 80% of its total assets in U.S. and foreign short-term, non-investment grade bonds included in the underlying index, all of which are denominated in U.S. dollars. 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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