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CONWX Concorde Wealth Management

2 lower fee alternatives found

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Fund CONWX Concorde Wealth Management WMW ELEMENTS Morningstar WideMoat Foc TR ETN MWATX Metropolitan West AlphaTrak 500  
Similarity
?
100% 90% 87%
Annual Fees
?
$144.85
(1.37% Exp. Ratio)
$79.29
(0.75% Exp. Ratio)
$96.21
(0.91% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.73% annual return
$35,136.78 $42,403.97 $40,400.42
Est. savings over 30 yrs +$7,267.18 +$5,263.63
Return
As of 12/31/16
1 YR RETURN 10.05%
3 YR 2.89%
5 YR 8.86%
10 YR 1.10%
1 YR RETURN 21.22%
3 YR 8.00%
5 YR 15.21%
10 YR --
1 YR RETURN 20.49%
3 YR 11.27%
5 YR 17.53%
10 YR 7.07%
Description
The investment seeks total return, from both appreciations of value and generation of current income, within the context of preservation of capital. The fund invests primarily in a portfolio of (i) equity securities that the adviser believes are undervalued, (ii) debt securities that offer appropriate current returns that are commensurate with related risks and (iii) private equity, based on risk and return attributes as dictated by broad market and economic conditions. It normally invests approximately 40% to 60% of the fund's total assets in equity securities and 40% to 60% in fixed income securities. The fund is non-diversified.
The investment seeks to replicate, net of expense, the Morningstar Wide Moat Focus Total Return Index. The index contains companies that have sustainable competitive advantages and that trade at discounts or Morningstar's determination of their fair value. It contains approximately 20 companies.
The investment seeks a total return that exceeds the return of the S&P Index. The fund is an enhanced S&P 500 Index fund that combines non-leveraged investments in the S&P 500 with a fixed-income portfolio. The portfolio duration is up to three years and the dollar-weighted average maturity ranges from one to five years. At least 85% of the fund's fixed income investments will normally be rated at least investment grade or be unrated securities that are determined by the Adviser to be of similar quality.

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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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