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SPEDX Alger Dynamic Opportunities A

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Fund SPEDX Alger Dynamic Opportunities A SWHEX Schwab Hedged Equity HHQAX Hancock Horizon Quant Long/Short Inv  
Similarity
?
100% 85% 89%
Annual Fees
?
$182.82
(1.76% Exp. Ratio)
$138.15
(1.33% Exp. Ratio)
$173.47
(1.67% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.87% annual return
$18,355.07 $20,924.70 $18,866.29
Est. savings over 30 yrs +$2,569.63 +$511.22
Return
As of 11/30/16
1 YR RETURN -1.97%
3 YR 2.28%
5 YR 6.10%
10 YR --
1 YR RETURN 7.22%
3 YR 7.47%
5 YR 8.52%
10 YR 4.24%
1 YR RETURN 0.53%
3 YR 3.90%
5 YR 8.47%
10 YR --
Description
The investment seeks long-term capital appreciation. The fund invests primarily in a portfolio of U.S. and foreign equity securities (common stocks, preferred stocks and convertible securities). It may invest a portion of its assets in securities issued by small capitalization companies. The fund may also invest a portion of its assets in equity securities not listed on an exchange. It can invest in foreign securities. 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.
The investment seeks long-term capital appreciation. The fund seeks long-term capital appreciation by taking long and short positions in equity securities of publicly-traded companies in the United States. Using a quantitative model developed by the Adviser, it buys stocks "long" that the Adviser believes are undervalued relative to their peers, and sells stocks "short" that the Adviser believes are overvalued relative to their peers. The fund typically maintains a net long exposure of approximately 45-115% and the Adviser expects that, on average, 0-35% of its assets will be 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.

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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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