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CAFRX Commonwealth Africa

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Fund CAFRX Commonwealth Africa GAF SPDR® S&P Emerging Middle East&Afr ETF  
100% 85%
Annual Fees
(1.93% Exp. Ratio)
(0.49% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.77% annual return
$29,949.79 $46,377.81
Est. savings over 30 yrs +$16,428.03
As of 9/30/16
1 YR RETURN 2.98%
3 YR -5.70%
5 YR --
10 YR --
1 YR RETURN 7.97%
3 YR -1.14%
5 YR 2.40%
10 YR --
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 investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Mid-East & Africa BMI Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in emerging Middle Eastern and African markets. 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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