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ALTRX AB Multi-Manager Alternative Strats R

3 lower fee alternatives found

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Fund ALTRX AB Multi-Manager Alternative Strats R CVXAX Spouting Rock/Convex Dynm Glbl Mcr Adv MASNX Litman Gregory Masters Alt Strats Inv  
Similarity
?
100% 85% 86%
Annual Fees
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$255.48
(2.49% Exp. Ratio)
$145.69
(1.42% Exp. Ratio)
$178.52
(1.74% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.60% annual return
$10,138.16 $14,065.29 $12,758.13
Est. savings over 30 yrs +$3,927.13 +$2,619.98
Return
As of 12/31/16
1 YR RETURN 0.85%
3 YR --
5 YR --
10 YR --
1 YR RETURN 4.28%
3 YR --
5 YR --
10 YR --
1 YR RETURN 6.67%
3 YR 2.97%
5 YR 4.80%
10 YR --
Description
The investment seeks long-term capital appreciation. The fund seeks to achieve its investment objective primarily by allocating its assets among non-traditional and alternative investment strategies (the "Strategies"). The Adviser allocates the fund's assets principally among the following types of Strategies: (i) long/short equity, (ii) special situations, (iii) credit and (iv) global macro. It is non-diversified.
The investment seeks positive absolute returns. In pursuing positive absolute returns, the fund's subadviser seeks to minimize losses when it believes market risk is high and maximize growth when it believes market risk is low. The fund will invest the majority of its assets in ETFs that invest in U.S., international, and emerging market equity securities of any market capitalization (growth or value stocks or both) and fixed income securities of any maturity (including high yield securities, which are often referred to as "junk bonds"); real estate interests; commodities; and inflation-protected securities.
The investment seeks to achieve long-term returns with lower risk and lower volatility than the stock market, and with relatively low correlation to stock and bond market indexes. The fund's strategy is to engage a number of established investment managers as sub-advisors to offer investors a mix of strategies that the advisor believes offer risk-return characteristics that are attractive individually and even more compelling collectively. The fund is intended to be used by investors as a source of diversification for traditional stock and bond portfolios to reduce volatility and potentially enhance returns relative to various measures of risk.

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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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