Investment Test Drive

CNMNX Castlemaine Market Neutral

1 lower fee alternative found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Fund CNMNX Castlemaine Market Neutral CHEP QuantShares US Market Neutral Value  
100% 85%
Annual Fees
(1.62% Exp. Ratio)
(0.75% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.14% annual return
$11,557.14 $15,050.87
Est. savings over 30 yrs +$3,493.72
As of 12/31/16
1 YR RETURN 6.80%
3 YR --
5 YR --
10 YR --
1 YR RETURN 13.05%
3 YR -0.23%
5 YR 2.18%
10 YR --
The investment seeks total return, consisting of income and capital appreciation. The fund seeks to achieve its investment objective by using a market neutral strategy, which the manager defines as a strategy that attempts create a portfolio that has a low correlation to the fluctuation in the general U.S. equity markets. The Adviser seeks to implement this strategy by investing in long and short positions of equity securities and options on securities. The Adviser will allocate the fund's assets among different asset classes and markets using a top-down risk-allocation approach to portfolio construction.
The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Value Index. The fund invests at least 80% of its net assets in common stock of the long positions in the underlying index and sells short at least 80% of the short positions in the underlying index. The index is a long/short market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

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.


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.


Your Feedback has been sent successfully!