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RYMTX Guggenheim Managed Futures Strategy A

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Fund RYMTX Guggenheim Managed Futures Strategy A WDTI WisdomTree Managed Futures Strategy ETF  
Similarity
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100% 85%
Annual Fees
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$178.17
(1.75% Exp. Ratio)
$66.18
(0.65% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.81% annual return
$10,091.57 $14,093.47
Est. savings over 30 yrs +$4,001.90
Return
As of 10/31/16
1 YR RETURN -13.99%
3 YR -0.68%
5 YR -2.87%
10 YR --
1 YR RETURN 0.90%
3 YR 0.23%
5 YR -1.43%
10 YR --
Description
The investment seeks to achieve absolute returns. The advisor intends to invest in multiple proprietary and third-party investment strategies that seek to identify and profit from upcoming movements in any combination of global fixed income, currency, commodity, or equity markets. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in "managed futures." It also may invest up to 25% of its assets in municipal securities. The fund may invest up to 25% of its total assets in a wholly-owned and controlled Cayman Islands subsidiary as measured at the end of every quarter of its taxable year. It is non-diversified.
The investment seeks to provide investors with positive total returns in rising or falling markets. The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in "managed futures". It is an actively managed exchange traded fund ("ETF") that seeks to achieve positive total returns in rising or falling markets that are not directly correlated to broad market equity or fixed income returns. The fund is managed using a quantitative, rules-based strategy designed to provide returns that correspond to the performance of the WisdomTree Managed Futures Index. It 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

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.

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