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RLSFX RiverPark Long/Short Opportunity Retail

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Fund RLSFX RiverPark Long/Short Opportunity Retail CSLS Credit Suisse X-Links Long/Short Eq ETN  
Similarity
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100% 86%
Annual Fees
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$207.74
(2.00% Exp. Ratio)
$46.74
(0.45% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.87% annual return
$17,051.98 $27,304.26
Est. savings over 30 yrs +$10,252.28
Return
As of 10/31/16
1 YR RETURN -6.82%
3 YR -0.79%
5 YR 3.30%
10 YR --
1 YR RETURN -1.70%
3 YR 4.22%
5 YR 4.26%
10 YR --
Description
The investment seeks long-term capital appreciation while managing downside volatility. The fund seeks long-term capital appreciation while managing downside volatility by investing long in equity securities that RiverPark believes have above-average growth prospects and selling short equity securities the Adviser believes are competitively disadvantaged over the long term. It invests primarily in the securities of U.S. companies, but it may also invest outside the U.S. The fund limits its investments in the securities of foreign issuers to no more than 15% of its assets.
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.

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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

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