Investment Test Drive

MFACX American Funds Mortgage C

5 lower fee alternatives found

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Fund MFACX American Funds Mortgage C SCHR Schwab Intermediate-Term US Trs ETF™ FGOVX Fidelity® Government Income  
Similarity
?
100% 85% 89%
Annual Fees
?
$151.13
(1.48% Exp. Ratio)
$6.13
(0.06% Exp. Ratio)
$45.95
(0.45% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.12% annual return
$11,981.75 $18,406.39 $16,369.15
Est. savings over 30 yrs +$6,424.64 +$4,387.40
Return
As of 12/31/16
1 YR RETURN 1.05%
3 YR 2.13%
5 YR 1.05%
10 YR --
1 YR RETURN 1.16%
3 YR 2.34%
5 YR 1.32%
10 YR --
1 YR RETURN 1.05%
3 YR 2.30%
5 YR 1.38%
10 YR 3.95%
Description
The investment seeks to provide current income and preservation of capital. Normally at least 80% of the fund's assets will be invested in mortgage-related securities, including securities collateralized by mortgage loans and contracts for future delivery of such securities (such as to be announced contracts and mortgage dollar rolls). The fund will invest primarily in mortgage-related securities that are sponsored or guaranteed by the U.S. government, such as securities issued by government-sponsored entities that are not backed by the full faith and credit of the U.S. government, and non-government mortgage-related securities.
The investment seeks to track as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays U.S.3-10 Year Treasury Bond Index. The fund invests at least 90% of its net assets in securities included in the index. The index includes all publicly-issued U.S. Treasury securities that have a remaining maturity of greater than or equal to three years and less than ten years, are rated investment grade, and have $250 million or more of outstanding face value. The securities in the index must be denominated in U.S. dollars and must be fixed-rate and non-convertible.
The investment seeks a high level of current income, consistent with preservation of principal. The fund normally invests at least 80% of assets in U.S. government securities and repurchase agreements for those securities. It invests in U.S. government securities issued by entities that are chartered or sponsored by Congress but whose securities are neither issued nor guaranteed by the U.S. Treasury. The fund invests in instruments related to U.S. government securities. It allocates assets across different market sectors and maturities.

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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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