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FMGEX Frontier MFG Global Equity Insitutional

2 lower fee alternatives found

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Fund FMGEX Frontier MFG Global Equity Insitutional FIBG Credit Suisse FI Enhanced Big Cap Gr ETN DREVX Dreyfus Fund Incorporated  
Similarity
?
100% 87% 85%
Annual Fees
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$86.62
(0.82% Exp. Ratio)
$5.28
(0.05% Exp. Ratio)
$79.22
(0.75% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.63% annual return
$40,415.80 $50,969.69 $41,280.37
Est. savings over 30 yrs +$10,553.89 +$864.56
Return
As of 12/31/16
1 YR RETURN 4.12%
3 YR 4.55%
5 YR 12.09%
10 YR --
1 YR RETURN 8.49%
3 YR 11.42%
5 YR --
10 YR --
1 YR RETURN 7.23%
3 YR 6.21%
5 YR 13.27%
10 YR 5.86%
Description
The investment seeks capital appreciation. The fund invests at least 80% of its net assets in a non-diversified portfolio of publicly-traded equity securities issued by U.S. and non-U.S. companies. It seeks to identify high-quality companies at attractive prices while integrating an in-depth macroeconomic understanding in order to manage risk. The fund will normally hold a concentrated number (generally 20 to 40) of companies, typically with a market capitalization in excess of U.S. $10 billion at the time of purchase. It is non-diversified.
The investment seeks to approximate the return that might be available through a leveraged “long” investment strategy in the components of the index. The ETNs are medium-term notes of Credit Suisse AG (“Credit Suisse”), the return on which is linked to the performance of the Russell 1000® Growth Index Total Return (the “index”) on a leveraged basis. A leveraged “long” investment strategy involves the practice of borrowing money from a third party lender at an agreed-upon rate of interest and using the borrowed money together with investor capital to purchase assets (e.g., equity securities).
The investment seeks long-term capital growth consistent with the preservation of capital; current income is a secondary investment objective. To pursue its goals, the fund primarily invests in common stocks issued by U.S. companies. It may invest up to 20% of its assets in foreign securities (i.e., securities issued by companies organized under the laws of countries other than the U.S.). In choosing stocks, the fund's portfolio managers focus on large-capitalization companies with strong positions in their industries and a catalyst that can trigger a price increase (such as a corporate restructuring or change in management).

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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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