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CLCAX Collins Long/Short Credit A

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Fund CLCAX Collins Long/Short Credit A CRUPX Cedar Ridge Unconstrained Credit Inv  
Similarity
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100% 93%
Annual Fees
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$177.81
(1.75% Exp. Ratio)
$167.64
(1.65% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.60% annual return
$9,487.68 $9,781.69
Est. savings over 30 yrs +$294.02
Return
As of 10/31/16
1 YR RETURN 4.26%
3 YR --
5 YR --
10 YR --
1 YR RETURN 7.23%
3 YR --
5 YR --
10 YR --
Description
The investment seeks absolute total returns over a complete market cycle. Under normal market conditions, the fund invests at least 80% of its net assets (including any borrowings for investment purposes) in Credit-Related Instruments. It may also invest up to 20% of its net assets in equity instruments, include long and short positions in equity securities of companies with market capitalizations of any size, including common and preferred stock of U.S. and foreign issuers (including issuers located in emerging markets), equity swaps and derivative instruments that are linked to equity securities. The fund is non-diversified.
The investment seeks capital appreciation and income. Under normal circumstances, the fund invests at least 80% of the value of its net assets, plus the amount of any borrowings for investment purposes, in various credit-related instruments. The fund may invest up to 100% of its net assets in any one of the categories of instruments included in the preceding sentence. The fund is non-diversified.

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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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