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LONAX Longboard Long/Short A

6 lower fee alternatives found

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Fund LONAX Longboard Long/Short A CSLS Credit Suisse X-Links Long/Short Eq ETN DIVA QuantShares Hedged Dividend Income  
100% 87% 85%
Annual Fees
(3.24% Exp. Ratio)
(0.45% Exp. Ratio)
(0.77% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.78% annual return
$11,329.82 $26,581.85 $24,134.43
Est. savings over 30 yrs +$15,252.03 +$12,804.61
As of 9/30/16
1 YR RETURN -3.09%
3 YR --
5 YR --
10 YR --
1 YR RETURN 1.53%
3 YR 4.82%
5 YR 5.39%
10 YR --
1 YR RETURN 17.58%
3 YR --
5 YR --
10 YR --
The investment seeks long-term capital appreciation. Under normal market conditions, the fund pursues its investment objective by investing in domestic equity and equity-related instruments. It invests in securities of issuers of any capitalization and in any style (from growth to value) and may engage in frequent trading of its portfolio securities. The fund will routinely invest more than 5% of its assets in short-term fixed income securities and cash or cash equivalents including, but not limited to, money market instruments, U.S. treasury bills, or shares of money market or short-term bond funds. It is non-diversified.
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.
The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Indxx Hedged Dividend Income Index. The fund seeks to track the performance of the Indxx Hedged Dividend Income Index by investing at least 80% of its net assets (plus borrowings for investment purposes) in common stocks, including the short positions, in the Target Hedged Dividend index. The Target Hedged Dividend index is a long/short index in which the long positions, in the aggregate, outweigh the short positions, in the aggregate.

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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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