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SMIFX Sound Mind Investing

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Fund SMIFX Sound Mind Investing FMCSX Fidelity® Mid-Cap Stock CACOX Congress All Cap Opportunity Retail  
Similarity
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100% 86% 85%
Annual Fees
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$214.41
(2.03% Exp. Ratio)
$77.10
(0.73% Exp. Ratio)
$106.68
(1.01% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.62% annual return
$27,871.06 $41,390.52 $38,027.69
Est. savings over 30 yrs +$13,519.46 +$10,156.63
Return
As of 10/31/16
1 YR RETURN 0.55%
3 YR 2.65%
5 YR 8.76%
10 YR 5.23%
1 YR RETURN 4.85%
3 YR 6.22%
5 YR 12.34%
10 YR 6.96%
1 YR RETURN 1.92%
3 YR 6.29%
5 YR --
10 YR --
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 at least 80% of its net assets (plus borrowings for investment purposes) in equity securities. Its investment premise is that market inefficiencies exist between fixed income and equity valuations which, if properly identified, can lead to investment opportunities which can be exploited. The fund may invest up to 20% of its total assets in investment grade debt securities, such as commercial paper or corporate debt securities. Additionally, it may invest up to 20% of its total assets in the securities of foreign issuers, including in American Depositary Receipts ("ADRs").

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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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