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JAIMX James Alpha Mlt Strat Alt Inc I

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Fund JAIMX James Alpha Mlt Strat Alt Inc I CSLS Credit Suisse X-Links Long/Short Eq ETN  
Similarity
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100% 86%
Annual Fees
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$270.07
(2.60% Exp. Ratio)
$46.74
(0.45% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.87% annual return
$14,182.77 $27,304.26
Est. savings over 30 yrs +$13,121.48
Return
As of 10/31/16
1 YR RETURN -2.71%
3 YR --
5 YR --
10 YR --
1 YR RETURN -1.70%
3 YR 4.22%
5 YR 4.26%
10 YR --
Description
The investment seeks to provide long-term capital appreciation as its primary objective, with a secondary objective of providing income for its shareholders. The Portfolio seeks to achieve its investment objective by investing its assets in a combination of distinct investment strategies managed by different sub-advisers and, in some cases, by the Manager. It will primarily invest in MLPs, or MLP-related ETNs, that track U.S. energy infrastructure, including MLPs engaged in transportation, storage and processing of natural resources, although it may also invest in other types of MLPs that seek to take advantage of new regulation of investment vehicles.
The investment seeks to replicate, net of expenses, the Credit Suisse Tremont Long/Short Equity Hedge Fund Index. The index tracks the performance of non-hedge fund, transparent market measures.

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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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