Investment Test Drive

SPTIX Salient Trend I

1 lower fee alternative found

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Fund SPTIX Salient Trend I EBSPX Equinox Campbell Strategy P  
Similarity
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100% 91%
Annual Fees
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$157.81
(1.55% Exp. Ratio)
$91.63
(0.90% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.81% annual return
$10,725.76 $13,066.70
Est. savings over 30 yrs +$2,340.94
Return
As of 11/30/16
1 YR RETURN -17.51%
3 YR -1.80%
5 YR --
10 YR --
1 YR RETURN -14.64%
3 YR -0.30%
5 YR --
10 YR --
Description
The investment seeks long term capital appreciation with low correlation to traditional core equity and bond market exposures. The fund invests both long and short primarily in futures contracts, equities, debt instruments, exchange-traded funds ("ETFs"), exchange-traded notes ("ETNs"), and other financially-linked derivatives and instruments in order to gain exposure to momentum. It will also hold a large portion of its assets either directly or indirectly in cash, money market instruments or other cash equivalents, some of which will serve as margin or collateral for the fund's futures contracts or other derivatives positions. The fund is non-diversified.
The investment seeks to achieve long-term capital appreciation. The fund pursues its investment objective by making a combination of investments (i) directly in an actively managed fixed-income portfolio, and (ii) indirectly through its wholly-owned subsidiary (the "Subsidiary") in trading companies that employ the managed futures program of Campbell & Company, LP ("Campbell"), a commodity trading adviser ("CTA") registered with the U.S. Commodity Futures Trading Commission and/or derivative instruments such as swap agreements that provide exposure to Campbell's managed futures program (the "Campbell Program"). 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.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

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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