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ALEWX AC Alternatives® Long Short R

2 lower fee alternatives found

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  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund ALEWX AC Alternatives® Long Short R ALEVX AC Alternatives® Long Short Investor NAVCX Navigator Equity Hedged C  
Similarity
?
100% 100% 85%
Annual Fees
?
$304.38
(2.93% Exp. Ratio)
$252.44
(2.43% Exp. Ratio)
$265.95
(2.56% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.89% annual return
$12,858.01 $15,000.72 $14,412.56
Est. savings over 30 yrs +$2,142.71 +$1,554.55
Return
As of 12/31/16
1 YR RETURN 1.61%
3 YR --
5 YR --
10 YR --
1 YR RETURN 2.11%
3 YR --
5 YR --
10 YR --
1 YR RETURN 5.20%
3 YR -0.23%
5 YR 1.97%
10 YR --
Description
The investment seeks to provide capital appreciation. The fund pursues its investment objective by combining several long and short equity-oriented investment strategies in the pursuit of returns with lower correlation to the traditional equity markets. This alternative approach seeks to provide less volatility than traditional equity investments over the full market cycle. A full market cycle is a period of time that contains a wide variety of market environments. The financial markets are inherently cyclical and each market cycle has defined parts or stages, the most basic of which are bear market, recovery and bull market.
The investment seeks to provide capital appreciation. The fund pursues its investment objective by combining several long and short equity-oriented investment strategies in the pursuit of returns with lower correlation to the traditional equity markets. This alternative approach seeks to provide less volatility than traditional equity investments over the full market cycle. A full market cycle is a period of time that contains a wide variety of market environments. The financial markets are inherently cyclical and each market cycle has defined parts or stages, the most basic of which are bear market, recovery and bull market.
The investment seeks long-term capital appreciation. The fund allocates assets across various sectors of the global equity markets by investing primarily in ETFs that each invests primarily equity securities and put options on the Standard & Poor's 500 Index volatility-linked exchange-traded funds and volatility-linked exchange-traded notes for hedging purposes. It defines equity securities to include both (i) ETFs that invest primarily in common stocks and (ii) put options on the Standard & Poor's 500 Index. The fund invests at least 80% of its assets in 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.

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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