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FZAKX Fidelity Advisor® Leveraged Co Stk Z

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Fund FZAKX Fidelity Advisor® Leveraged Co Stk Z IWS iShares Russell Mid-Cap Value VASVX Vanguard Selected Value Inv  
Similarity
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100% 86% 89%
Annual Fees
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$71.78
(0.68% Exp. Ratio)
$26.39
(0.25% Exp. Ratio)
$41.17
(0.39% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.56% annual return
$41,266.86 $46,977.21 $45,038.95
Est. savings over 30 yrs +$5,710.35 +$3,772.09
Return
As of 12/31/16
1 YR RETURN 9.49%
3 YR 3.09%
5 YR 14.23%
10 YR 6.79%
1 YR RETURN 19.69%
3 YR 9.22%
5 YR 15.45%
10 YR 7.41%
1 YR RETURN 16.34%
3 YR 5.98%
5 YR 14.27%
10 YR 7.48%
Description
The investment seeks capital appreciation. The fund normally invests at least 80% of assets in stocks. It normally invests primarily in common stocks of leveraged companies (companies that issue lower-quality debt and other companies with leveraged capital structures). The fund potentially invests in lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds). It invests in domestic and foreign issuers. The fund invests in either "growth" stocks or "value" stocks or both.
The investment seeks to track the investment results of the Russell Midcap Value Index, which measures the performance of the mid-capitalization value 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 long-term capital appreciation and income. The fund invests mainly in the stocks of mid-size U.S. companies, choosing stocks considered by an advisor to be undervalued. Undervalued stocks are generally those that are out of favor with investors and are trading at prices that the advisor believes are below average in relation to measures such as earnings and book value. These stocks often have above-average dividend yields. It uses multiple investment advisors.

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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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