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AIMNX Horizon Active Income N

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Fund AIMNX Horizon Active Income N USAIX USAA Income UINCX USAA Income Adviser  
Similarity
?
100% 87% 87%
Annual Fees
?
$153.11
(1.50% Exp. Ratio)
$54.10
(0.53% Exp. Ratio)
$80.64
(0.79% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.07% annual return
$11,758.43 $15,777.06 $14,585.66
Est. savings over 30 yrs +$4,018.63 +$2,827.23
Return
As of 10/31/16
1 YR RETURN 1.62%
3 YR 0.95%
5 YR --
10 YR --
1 YR RETURN 6.53%
3 YR 3.99%
5 YR 4.03%
10 YR 5.30%
1 YR RETURN 6.16%
3 YR 3.69%
5 YR 3.73%
10 YR 5.00%
Description
The investment seeks income. The fund seeks to achieve the fund's investment objective by allocating assets across various sectors of the global securities markets. The manager executes this strategy by investing in exchange-traded funds ("ETFs"). The fund will invest primarily in U.S. Dollar denominated securities, but may also invest a portion of its assets in non-U.S. Dollar denominated securities.
The investment seeks maximum current income without undue risk to principal. The fund invests its assets primarily in U.S. dollar-denominated debt securities, including, among others, obligations of U.S., state and local governments, their agencies and instrumental mortgage- and asset-backed securities, corporate debt securities and repurchase agreements that have been selected for their high yields relative to the risk involved. The fund will invest primarily in investment-grade securities but also may invest up to 10% of its net assets in below-investment-grade securities, which are sometimes referred as high-yield or "junk" bonds.
The investment seeks maximum current income without undue risk to principal. The fund invests its assets primarily in U.S. dollar-denominated debt securities, including, among others, obligations of U.S., state and local governments, their agencies and instrumental mortgage- and asset-backed securities, corporate debt securities and repurchase agreements that have been selected for their high yields relative to the risk involved. The fund will invest primarily in investment-grade securities but also may invest up to 10% of its net assets in below-investment-grade securities, which are sometimes referred as high-yield or "junk" bonds.

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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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