Investment Test Drive

IVBIX Ivy Bond I

2 lower fee alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Investing
$
  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund IVBIX Ivy Bond I DODIX Dodge & Cox Income MCYBX BMO TCH Core Plus Bond Y  
Similarity
?
100% 87% 89%
Annual Fees
?
$75.58
(0.74% Exp. Ratio)
$43.92
(0.43% Exp. Ratio)
$59.24
(0.58% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.14% annual return
$15,108.85 $16,590.46 $15,856.81
Est. savings over 30 yrs +$1,481.61 +$747.97
Return
As of 11/30/16
1 YR RETURN 3.44%
3 YR 3.21%
5 YR 3.62%
10 YR 3.78%
1 YR RETURN 4.15%
3 YR 3.25%
5 YR 3.95%
10 YR 4.97%
1 YR RETURN 5.27%
3 YR 3.30%
5 YR 4.18%
10 YR --
Description
The investment seeks to provide current income consistent with preservation of capital. The fund seeks to achieve its objective by investing at least 80% of its net assets in bonds (for this purpose, "bonds" includes any debt security with an initial maturity greater than one year). It invests primarily in investment-grade debt securities, which include corporate debt securities, mortgage-backed securities, debt securities issued or guaranteed by the U.S. government or any of its agencies or instrumentalities and other asset-backed securities. The fund may invest up to 20% of its total assets in non-investment grade debt securities.
The investment seeks a high and stable rate of current income, consistent with long-term preservation of capital. The fund invests in a diversified portfolio of high-quality bonds and other debt securities. Under normal circumstances, the fund will invest at least 80% of its total assets in (1) investment-grade debt securities and (2) cash equivalents. "Investment grade" means securities rated Baa3 or higher by Moody's Investors Service, or BBB- or higher by Standard & Poor's Ratings Group or Fitch Ratings, or equivalently rated by any nationally recognized statistical rating organization, or, if unrated, deemed to be of similar quality by Dodge & Cox.
The investment seeks to maximize total return consistent with current income. The fund invests at least 80% of its assets in bonds. The investments include corporate, asset-backed, mortgage-backed and U.S. government securities. Although the fund will invest primarily in securities with a minimum rating in the lowest investment grade category at the time of purchase, it may invest up to 20% of its assets in debt securities that are below investment grade, also known as high yield securities or "junk bonds."

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

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.

+

Your Feedback has been sent successfully!