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BTHAX BlackRock Macro Themes Investor A

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Fund BTHAX BlackRock Macro Themes Investor A LALT PowerShares Multi-Strategy Alt ETF  
Similarity
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100% 85%
Annual Fees
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$154.85
(1.51% Exp. Ratio)
$99.47
(0.97% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.55% annual return
$13,475.01 $15,877.00
Est. savings over 30 yrs +$2,401.99
Return
As of 10/31/16
1 YR RETURN -9.32%
3 YR --
5 YR --
10 YR --
1 YR RETURN 2.17%
3 YR --
5 YR --
10 YR --
Description
The investment seeks total return. The fund invests in a broad range of global asset classes, such as equity securities, fixed and floating rate debt securities, and currency, commodity and cash instruments. It will normally invest in both U.S. and non-U.S. securities, including sovereign debt securities and securities of companies located in emerging markets. The fund may invest in other investment companies, including money market funds and ETFs, which may be affiliated with BlackRock. It may invest in U.S. and non-U.S. real estate investment trusts ("REITs") and other real estate related securities. The fund is non-diversified.
The investment seeks a positive total return that has a low correlation to the broader securities markets. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in a combination of equity securities, financial futures contracts, forward currency contracts and other securities. The sub-adviser selects investments for inclusion in the fund's portfolio with reference to the components of the Morgan Stanley Multi-Strategy Alternative Index (the "Benchmark") through a quantitative process that seeks to exceed the Benchmark's performance. 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.

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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