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OFAFX Olstein All Cap Value Adv

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Fund OFAFX Olstein All Cap Value Adv THRK SPDR® Russell 3000 ETF EUSA iShares MSCI USA Equal Weighted  
Similarity
?
100% 89% 90%
Annual Fees
?
$133.22
(1.26% Exp. Ratio)
$10.57
(0.10% Exp. Ratio)
$15.86
(0.15% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.73% annual return
$36,330.58 $51,575.49 $50,806.67
Est. savings over 30 yrs +$15,244.90 +$14,476.09
Return
As of 12/31/16
1 YR RETURN 12.71%
3 YR 6.16%
5 YR 13.83%
10 YR 5.08%
1 YR RETURN 12.79%
3 YR 8.42%
5 YR 14.52%
10 YR 7.11%
1 YR RETURN 14.08%
3 YR 8.10%
5 YR 14.16%
10 YR --
Description
The investment seeks long-term capital appreciation and its secondary objective is income. The fund seeks to achieve its objectives by investing primarily in a diversified portfolio of common stocks that the fund's investment adviser, Olstein Capital Management, L.P. ("OCM"), believes are significantly undervalued. It will invest in companies without regard to whether they are conventionally categorized as small, medium, or large capitalization or whether they are characterized as growth (growth is a component of the fund's definition of value), value, cyclical, or any other category.
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 3000 Index that tracks a broad universe of exchange traded U.S. equity securities. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the largest 3,000 U.S. companies, representing approximately 98% of the investable U.S. equity market. It may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments. The fund is non-diversified.
The investment seeks to track the investment results of the MSCI USA Equal Weighted Index. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is an equally-weighted securities index that measures the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in the United States and which represents an alternative weighting scheme to its market capitalization-weighted parent index, the MSCI USA Index.

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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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