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LSAMX AB Long/Short Multi-Manager A

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Fund LSAMX AB Long/Short Multi-Manager A FTLS First Trust Long/Short Equity ETF SWHEX Schwab Hedged Equity  
100% 86% 85%
Annual Fees
(2.24% Exp. Ratio)
(0.95% Exp. Ratio)
(1.33% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.89% annual return
$15,904.55 $23,567.85 $21,000.98
Est. savings over 30 yrs +$7,663.30 +$5,096.43
As of 12/31/16
1 YR RETURN 0.14%
3 YR --
5 YR --
10 YR --
1 YR RETURN 6.83%
3 YR --
5 YR --
10 YR --
1 YR RETURN 13.61%
3 YR 7.72%
5 YR 9.11%
10 YR 4.33%
The investment seeks long-term capital appreciation. The fund seeks to achieve its investment objective primarily by utilizing a long/short equity strategy. In order to implement the Long/Short Strategy, the Adviser will allocate the fund's assets among multiple investment sub-advisers that the Adviser believes have substantial experience managing assets in the global securities markets. It primarily invests in equity securities and instruments with similar characteristics, including common stock, preferred stock, convertible securities, rights and warrants, depositary receipts, and securities or other instruments. The fund is non-diversified.
The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's net assets will be exposed to U.S. exchange-listed equity securities of U.S. and non-U.S. companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.
The investment seeks long-term capital appreciation over market cycles with lower volatility than the broad equity market. To pursue its investment objective, the fund establishes long and short positions in equity securities issued by U.S. companies. It will invest at least 80% of its net assets in equity securities issued by U.S. companies; typically, the actual percentage will be higher. The fund typically purchases or sells short stocks of companies that have market capitalizations of $1 billion or more at the time the stock is purchased or sold short.

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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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