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FARIX Fulcrum Diversified Abslt Ret Instl

2 lower fee alternatives found

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Fund FARIX Fulcrum Diversified Abslt Ret Instl GAA Cambria Global Asset Allocation ETF LALT PowerShares Multi-Strategy Alt ETF  
Similarity
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100% 87% 86%
Annual Fees
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$108.93
(1.06% Exp. Ratio)
$25.69
(0.25% Exp. Ratio)
$99.68
(0.97% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.76% annual return
$16,453.58 $21,013.11 $16,908.56
Est. savings over 30 yrs +$4,559.53 +$454.98
Return
As of 11/30/16
1 YR RETURN -2.11%
3 YR --
5 YR --
10 YR --
1 YR RETURN 5.49%
3 YR --
5 YR --
10 YR --
1 YR RETURN 2.26%
3 YR --
5 YR --
10 YR --
Description
The investment seeks to achieve long-term absolute returns. In seeking to achieve its aim of long-term absolute returns, the fund aims to hold a diversified portfolio and achieve long-term absolute returns in all market conditions over rolling five-year periods, with lower volatility than equity markets and in excess of inflation. The fund implements its strategy by investing globally either directly, or through derivatives, in a broad range of instruments, including, but not limited to, equity, fixed income, currency, commodity, credit derivative and cash instruments.
The investment seeks to track the performance, before fees and expenses, of the Cambria Global Asset Allocation Index. Under normal market conditions, the fund invests at least 80% of its total assets in the components of the underlying index and in depositary receipts representing components of the underlying index. The underlying index is designed to provide diversified exposure, including inverse exposure, to all of the major world asset classes in the various regions, countries and sectors around the globe.
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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