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ECHCX Equinox Chesapeake Strategy C

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Fund ECHCX Equinox Chesapeake Strategy C HFXIX Catalyst Hedged Futures Strategy I  
Similarity
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100% 90%
Annual Fees
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$213.80
(2.10% Exp. Ratio)
$204.64
(2.01% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.81% annual return
$9,066.44 $9,319.85
Est. savings over 30 yrs +$253.41
Return
As of 11/30/16
1 YR RETURN -6.68%
3 YR 7.12%
5 YR --
10 YR --
1 YR RETURN 9.95%
3 YR 8.97%
5 YR 6.62%
10 YR 12.57%
Description
The investment seeks to achieve long-term capital appreciation. The fund invests a combination of investments (i) directly in an actively managed fixed-income portfolio comprised of cash, cash equivalents, securities issued by the U.S. government with one year or less term to maturity and money market funds and (ii) indirectly through its wholly-owned subsidiary (the "Subsidiary") in trading companies that employ the managed futures program of Chesapeake Capital Corporation ("Chesapeake"), a commodity trading adviser ("CTA") registered with the U.S. Commodity Futures Trading Commission and/or derivative instruments.
The investment seeks capital appreciation and capital preservation in all market conditions, with low volatility and low correlation to the U.S. equity market. The fund invests, directly or indirectly through affiliated and unaffiliated funds, primarily in (i) long and short call and put options on Standard & Poor's 500 Index futures contracts and (ii) in cash, cash equivalents (including affiliated and unaffiliated money market funds), and other liquid investments. It seeks to achieve its investment objective by buying and selling options and option spreads on stock index futures.

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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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