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CDUCX Columbia Diversified Absolute Return C

1 lower fee alternative found

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Fund CDUCX Columbia Diversified Absolute Return C BXMYX Blackstone Alternative Multi-Strategy Y  
Similarity
?
100% 85%
Annual Fees
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$246.11
(2.40% Exp. Ratio)
$237.91
(2.32% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.55% annual return
$10,262.65 $10,518.03
Est. savings over 30 yrs +$255.38
Return
As of 10/31/16
1 YR RETURN -4.37%
3 YR --
5 YR --
10 YR --
1 YR RETURN 0.59%
3 YR --
5 YR --
10 YR --
Description
The investment seeks to provide shareholders with absolute (positive) returns. The fund pursues absolute (positive) returns through a diversified portfolio reflecting multiple asset classes and various investment and hedging strategies employed across equity, fixed income and other markets, such as commodities markets, while seeking to capitalize on market inefficiencies. It may invest without limit in foreign investments (including currencies), which may include investments in emerging markets, and in investments that are rated below investment-grade or, if unrated, deemed to be of comparable quality.
The investment seeks capital appreciation. The fund seeks to achieve its objective by allocating the fund's assets among a variety of non-traditional or "alternative" investment strategies. The adviser allocates the fund's assets among investment sub-advisers with experience managing alternative investment strategies and among Investment Funds and may also manage a portion of the fund's assets directly. 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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