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TMIIX Turner Midcap Growth Retirement

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Fund TMIIX Turner Midcap Growth Retirement IWP iShares Russell Mid-Cap Growth RFG Guggenheim S&P MidCap 400® Pure Gr ETF  
Similarity
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100% 85% 87%
Annual Fees
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$151.04
(1.43% Exp. Ratio)
$26.40
(0.25% Exp. Ratio)
$36.97
(0.35% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.62% annual return
$33,473.64 $47,835.17 $46,417.24
Est. savings over 30 yrs +$14,361.54 +$12,943.60
Return
As of 10/31/16
1 YR RETURN -7.51%
3 YR -0.49%
5 YR 4.97%
10 YR 4.32%
1 YR RETURN 0.23%
3 YR 6.28%
5 YR 11.81%
10 YR 7.45%
1 YR RETURN -6.64%
3 YR 1.67%
5 YR 8.35%
10 YR 9.51%
Description
The investment seeks capital appreciation. The fund invests primarily (at least 80% of its net assets) in equity securities of U.S. companies with medium market capitalizations that Turner believes have strong earnings growth potential. The adviser invests in securities of companies that are diversified across economic sectors, and attempts to maintain sector concentrations that generally approximate those of the Midcap Growth Index. The fund may also invest in foreign securities, including ADRs.
The investment seeks to track the investment results of the Russell Midcap Growth Index, which measures the performance of the mid-capitalization growth sector of the U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the underlying index, but which the advisor believes will help the fund track the underlying index.
The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P MidCap 400® Pure Growth Index Total Return. Under normal circumstances, the fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P MidCap 400 ® companies with strong growth characteristics as selected by S&P. 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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