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IGMFX Insignia Macro A

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Fund IGMFX Insignia Macro A
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Similarity
?
100%
Annual Fees
?
$205.42
(2.00% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.71% annual return
$12,168.95
Est. savings over 30 yrs
Return
As of 11/30/16
1 YR RETURN -3.25%
3 YR --
5 YR --
10 YR --
Description
The investment seeks long-term risk-adjusted total return. The fund seeks to achieve its investment objectives by allocating its assets using two principal strategies: Global Macro/Managed Futures strategy; and Fixed Income strategy. The Global Macro/Managed Futures strategy is designed to provide exposure to global macroeconomic and commodities-related investment strategies and produce attractive risk-adjusted returns with the expectation of low correlation to the broader equity markets. The Fixed Income strategy is designed to generate interest income and preserve principal by investing primarily in investment grade securities. The fund is non-diversified.

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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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