Investment Test Drive

OTCRX Otter Creek Long/Short Opportunity Inv

1 lower fee alternative found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Investing
$
  YOU ASKED ABOUT FEATURED ALTERNATIVE ?
Fund OTCRX Otter Creek Long/Short Opportunity Inv CSLS Credit Suisse X-Links Long/Short Eq ETN  
Similarity
?
100% 88%
Annual Fees
?
$203.54
(1.96% Exp. Ratio)
$46.73
(0.45% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.85% annual return
$17,135.34 $27,103.88
Est. savings over 30 yrs +$9,968.54
Return
As of 11/30/16
1 YR RETURN -2.55%
3 YR --
5 YR --
10 YR --
1 YR RETURN -2.00%
3 YR 4.00%
5 YR 4.34%
10 YR --
Description
The investment seeks long-term capital appreciation. The fund employs a long/short investment strategy in an attempt to achieve capital appreciation and manage risk. The fund takes long positions in securities Otter Creek believes to be undervalued and short positions in securities Otter Creek believes to be overvalued. The fund's objective is to provide long-term capital appreciation. Under normal market conditions, the net long exposure of the fund (gross long exposures minus gross short exposures) is expected to range between -35% and +80% net long. 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.

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!