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FCAIX Fiera Capital Diversified Alt Instl

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Fund FCAIX Fiera Capital Diversified Alt Instl LALT PowerShares Multi-Strategy Alt ETF  
100% 87%
Annual Fees
(2.60% Exp. Ratio)
(0.97% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.60% annual return
$9,796.60 $16,117.95
Est. savings over 30 yrs +$6,321.36
As of 12/31/16
1 YR RETURN 0.21%
3 YR --
5 YR --
10 YR --
1 YR RETURN 2.83%
3 YR --
5 YR --
10 YR --
The investment seeks to generate consistent returns relative to risk and maintain low correlation to equity and bond markets. In pursuing the fund's investment objective, the Adviser employs a "multi-manager" approach, whereby it selects sub-advisers that use a variety of alternative investment strategies to manage the fund's assets and allocates the fund's assets among those Sub-Advisers. The fund principally invests in common stocks of domestic and foreign issuers of any market capitalization, investment grade fixed income securities of any maturity or duration, futures contracts, foreign exchange futures, and commodity-linked derivatives.
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.


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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