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CAFRX Commonwealth Africa

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Fund CAFRX Commonwealth Africa EZA iShares MSCI South Africa  
Similarity
?
100% 85%
Annual Fees
?
$204.10
(1.93% Exp. Ratio)
$67.68
(0.64% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.75% annual return
$29,850.55 $44,178.87
Est. savings over 30 yrs +$14,328.32
Return
As of 12/31/16
1 YR RETURN 16.70%
3 YR -6.46%
5 YR -2.09%
10 YR --
1 YR RETURN 17.24%
3 YR -3.16%
5 YR -0.04%
10 YR 2.42%
Description
The investment seeks to provide long-term capital appreciation and current income. Under normal market conditions, the Africa fund invests at least 80% of its net assets in the securities of, and depositary receipts (including American Depositary Receipts ("ADRs"), Global Depositary Receipts ("GDRs"), and European Depositary Receipts ("EDRs")) represented by, African issuers that are tied economically to Africa. It may invest up to 15% of its net assets in illiquid securities. The fund may also enter into derivative transactions.
The investment seeks to track the investment results of the MSCI South Africa Index. The fund normally invests at least 95% of its total assets in the securities of its underlying index and in depositary receipts representing securities in its underlying index. The underlying index may include large-, mid- or small-capitalization companies. Components of the underlying index primarily include consumer discretionary, consumer staples, financials, materials and telecommunications companies. 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.

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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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