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AMREX American Growth Fund Series Two E

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Fund AMREX American Growth Fund Series Two E JENSX Jensen Quality Growth J AMLCX AlphaMark Large Cap Growth  
Similarity
?
100% 89% 85%
Annual Fees
?
$725.71
(6.87% Exp. Ratio)
$92.96
(0.88% Exp. Ratio)
$158.45
(1.50% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.63% annual return
$6,122.25 $39,724.79 $32,908.62
Est. savings over 30 yrs +$33,602.54 +$26,786.37
Return
As of 10/31/16
1 YR RETURN 6.70%
3 YR 5.37%
5 YR 7.41%
10 YR --
1 YR RETURN 7.38%
3 YR 9.23%
5 YR 13.05%
10 YR 7.48%
1 YR RETURN 7.83%
3 YR 7.94%
5 YR 12.41%
10 YR --
Description
The investment seeks growth of capital. The Adviser manages the fund using a growth style of investing. The Adviser use a consistent approach to build the fund's security portfolio which is made up primarily of common stocks and securities convertible into common stock in companies involved in at least some way in the legal cannabis business. These securities may be issued by large companies and also small and mid-sized companies, Micro Cap and REITs. The legal cannabis business does not need to be the sole focus point of a company for Series Two to invest in it nor does it need to account for a majority of its overall revenues.
The investment seeks long-term capital appreciation. To achieve its objective, the fund invests in equity securities of approximately 25 to 30 companies. Equity securities in which the fund invests as a principal strategy consist primarily of common stocks of U.S. companies. It may purchase securities when they are priced below their intrinsic values as determined by the Adviser. The fund may sell all or part of its position in a company when the Adviser has determined that another qualifying security has a greater opportunity to achieve the fund's objective. It is non-diversified.
The investment seeks long-term growth of capital. Under normal circumstances, the fund will invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in a diversified portfolio of domestic common stocks of large cap companies. The Advisor defines "large cap" companies as companies with a total market capitalization of $5 billion or more at the time of purchase. It is anticipated that, under normal circumstances, the fund's investments will have an average weighted market capitalization of greater than $10 billion.

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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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