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MXGMX Great-West US Govt Mortg Sec Init

2 lower fee alternatives found

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Fund MXGMX Great-West US Govt Mortg Sec Init GGIUX Goldman Sachs US Mortgages R6 BIAZX Brown Advisory Mortgage Securities Inv  
Similarity
?
100% 85% 89%
Annual Fees
?
$61.26
(0.60% Exp. Ratio)
$45.95
(0.45% Exp. Ratio)
$52.08
(0.51% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.11% annual return
$15,609.80 $16,332.17 $16,039.42
Est. savings over 30 yrs +$722.36 +$429.62
Return
As of 12/31/16
1 YR RETURN 1.22%
3 YR 2.47%
5 YR 1.70%
10 YR 3.85%
1 YR RETURN 1.96%
3 YR 3.17%
5 YR 2.86%
10 YR 4.12%
1 YR RETURN 1.24%
3 YR 2.51%
5 YR --
10 YR --
Description
The investment seeks the highest level of return consistent with preservation of capital and substantial credit protection. The fund will, under normal circumstances, invest at least 80% of its net assets in mortgage-related securities that have been issued or guaranteed by the U.S. government or its agencies or instrumentalities. It may invest in mortgage dollar rolls with up to 20% of its net assets.
The investment seeks a high level of total return consisting of income and capital appreciation. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in securities representing direct or indirect interests in or that are collateralized by adjustable rate and fixed rate mortgage loans or other mortgage-related securities of U.S. issuers. It may also invest in mortgage dollar rolls, securities issued or guaranteed by the U.S. government, its agencies, instrumentalities or sponsored enterprises, asset-backed securities and foreign securities.
The investment seeks to maximize total return consistent with preservation of capital. The fund normally invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in investment grade mortgage-related securities. It invests in securities of various maturities and durations. The fund may invest in derivatives instruments, such as options, futures contracts, including interest rate futures, and options on futures.

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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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