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SMIFX Sound Mind Investing

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Fund SMIFX Sound Mind Investing FMCSX Fidelity® Mid-Cap Stock HDPMX Hodges Retail  
Similarity
?
100% 85% 85%
Annual Fees
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$214.42
(2.03% Exp. Ratio)
$77.11
(0.73% Exp. Ratio)
$139.42
(1.32% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.62% annual return
$27,907.50 $41,444.63 $34,657.87
Est. savings over 30 yrs +$13,537.14 +$6,750.37
Return
As of 12/31/16
1 YR RETURN 7.59%
3 YR 2.80%
5 YR 10.22%
10 YR 5.35%
1 YR RETURN 14.94%
3 YR 6.07%
5 YR 13.77%
10 YR 7.29%
1 YR RETURN 39.78%
3 YR 9.91%
5 YR 19.37%
10 YR 6.61%
Description
The investment seeks long-term capital appreciation. The SMI Fund seeks to achieve its objective by investing in a diversified portfolio of other investment companies using a "Fund Upgrading" strategy. This strategy is a systematic investment approach that is based on the belief of SMI Advisory Services, LLC ("Advisor"), the SMI Fund's adviser, that superior returns can be obtained by constantly monitoring the performance of a wide universe of other investment companies, and standing ready to move assets into funds deemed by the Advisor to be most attractive at the time of analysis. The fund is non-diversified.
The investment seeks long-term growth of capital. The fund normally invests at least 80% of assets in common stocks of companies with medium market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell Midcap® Index or the S&P MidCap 400® Index). It potentially invests in companies with smaller or larger market capitalizations. The fund invests in domestic and foreign issuers. It invests in either "growth" stocks or "value" stocks or both.
The investment seeks long-term capital appreciation. The fund invests in common stocks of companies of any size market capitalization- small, medium or large. Although not a primary investment strategy, the fund may engage in short-sale transactions with respect to 25% of its net assets. It may also invest in money market instruments and may, from time to time, purchase put and call options on U.S. traded stocks or security indices. The fund may also sell options and write "covered" put and call options.

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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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