Investment Test Drive

MNWSX MFS Managed Wealth R2

2 lower fee alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Investing
$
  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund MNWSX MFS Managed Wealth R2 TRSK Janus Velocity Tail Risk Hdgd Lg Cp ETF SPXH Janus Velocity Volatility Hdgd Lg Cp ETF  
Similarity
?
100% 86% 86%
Annual Fees
?
$177.58
(1.71% Exp. Ratio)
$73.73
(0.71% Exp. Ratio)
$73.73
(0.71% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.85% annual return
$18,495.82 $25,058.72 $25,058.72
Est. savings over 30 yrs +$6,562.90 +$6,562.90
Return
As of 11/30/16
1 YR RETURN -1.89%
3 YR --
5 YR --
10 YR --
1 YR RETURN 0.18%
3 YR 2.08%
5 YR --
10 YR --
1 YR RETURN 3.88%
3 YR 4.00%
5 YR --
10 YR --
Description
The investment seeks total return. MFS seeks to achieve the fund's objective by generating returns from (1) a strategic allocation to three MFS equity funds, referred to as underlying funds, and (2) a tactical asset allocation overlay primarily using derivative instruments to seek to decrease the volatility of the fund's returns by reducing the fund's exposure to the equity and/or currency markets as represented by the underlying funds and also to potentially expose the fund to asset classes and/or markets in which the underlying funds have little or no exposure. In addition, MFS may seek to limit the fund's exposure to certain extreme market events.
The investment seeks investment results that correspond generally, before fees and expenses, to the performance of its underlying index, the VelocityShares Tail Risk Hedged Large Cap Index. The fund will seek to achieve its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) in underlying index ETFs. The underlying index is an index comprised of three large capitalization equity ETFs and two volatility related ETFs (the "underlying index ETFs"). The fund is non-diversified.
The investment seeks investment results that correspond generally, before fees and expenses, to the performance of its underlying index, the VelocityShares Volatility Hedged Large Cap Index. The fund will seek to achieve its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) in underlying index ETFs. The underlying index consists of an 85% allocation to the Underlying Large Cap ETFs (split evenly between each Underlying Large Cap ETF) and a 15% allocation to the Underlying Volatility ETFs (such allocation being the "Volatility Component"). The fund is non-diversified.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

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.

+

Your Feedback has been sent successfully!