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AGMQX 361 Macro Opportunity Inv

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Fund AGMQX 361 Macro Opportunity Inv KEFAX Kellner Event Investor  
Similarity
?
100% 85%
Annual Fees
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$236.88
(2.31% Exp. Ratio)
$221.50
(2.16% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.55% annual return
$10,550.39 $11,047.36
Est. savings over 30 yrs +$496.97
Return
As of 10/31/16
1 YR RETURN -6.13%
3 YR --
5 YR --
10 YR --
1 YR RETURN 0.33%
3 YR --
5 YR --
10 YR --
Description
The investment seeks long-term positive absolute return. The fund pursues its investment objective by investing in a wide range of asset classes that provide exposure principally to U.S. and foreign equity securities, fixed income securities, commodities and currencies, and may invest in various individual securities and currencies as well as indices based on a broad range of individual securities, commodities and currencies. It may take both "long" and "short" positions in each of these investments. The advisor anticipates that, in general, the fund will not be more than 50% short on a net basis. It is non-diversified.
The investment seeks to achieve positive risk-adjusted returns independent of the returns generated by the overall equity markets. The fund pursues its investment objective by allocating its assets using various strategies that seek to profit from securities experiencing catalyst driven change. Under normal market conditions, the fund employs a variety of these strategies and invests on both a long and short basis in a variety of asset classes including, without limitation, equity securities, fixed-income securities and derivative instruments. 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

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