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FMGRX American Indep Navellier Defnsv Alpha I

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Fund FMGRX American Indep Navellier Defnsv Alpha I FIBG Credit Suisse FI Enhanced Big Cap Gr ETN  
100% 90%
Annual Fees
(1.16% Exp. Ratio)
(0.05% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.63% annual return
$36,459.46 $50,969.69
Est. savings over 30 yrs +$14,510.24
As of 12/31/16
1 YR RETURN 1.51%
3 YR -0.14%
5 YR 8.66%
10 YR 5.91%
1 YR RETURN 8.49%
3 YR 11.42%
5 YR --
10 YR --
The investment seeks to provide investors with long-term capital appreciation. The fund seeks long-term capital appreciation by allocating among a concentrated portfolio of equity positions and cash. Stocks will be evaluated with a growth-oriented approach to selecting the equities of companies that Navellier considers to have superior appreciation potential. Between 0% - 100% of the fund's portfolio will be invested in a maximum of 20 equity securities; between 0% - 100% of the fund's portfolio may be invested in cash and/or short-term investments. 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).

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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.


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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