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GAFCX Natixis ASG Global Alternatives C

3 lower fee alternatives found

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Fund GAFCX Natixis ASG Global Alternatives C HDG ProShares Hedge Replication QAI IQ Hedge Multi-Strategy Tracker ETF  
Similarity
?
100% 88% 86%
Annual Fees
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$234.30
(2.28% Exp. Ratio)
$97.63
(0.95% Exp. Ratio)
$98.65
(0.96% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.76% annual return
$11,341.50 $17,013.79 $16,962.33
Est. savings over 30 yrs +$5,672.29 +$5,620.84
Return
As of 11/30/16
1 YR RETURN -8.78%
3 YR -2.09%
5 YR 1.75%
10 YR --
1 YR RETURN 0.38%
3 YR 0.86%
5 YR 1.87%
10 YR --
1 YR RETURN -1.08%
3 YR 0.26%
5 YR 1.97%
10 YR --
Description
The investment seeks to provide capital appreciation consistent with the risk-return characteristics of a diversified portfolio of hedge funds; the secondary goal is to achieve these returns with less volatility than major equity indices. The fund seeks to achieve long and short exposure to global equity, bond, currency and commodity markets through a wide range of derivative instruments and direct investments. The advisor expects that it will invest at least 75% of its total assets in money market and other short-term, high-quality securities.
The investment seeks investment results before fees and expenses that track the performance of the Merrill Lynch Factor Model-Exchange Series. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should track the performance of the Benchmark. The Benchmark, established by Merrill Lynch International, seeks to provide the risk and return characteristics of the hedge fund asset class by targeting a high correlation to the HFRI Fund Weighted Composite Index. The HFRI is designed to reflect hedge fund industry performance through an equally weighted composite of over 2000 constituent funds. It is non-diversified.
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Hedge Multi-Strategy Index. The fund is a "fund of funds" which means it invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. The underlying index consists of a number of components ("underlying index Components") selected in accordance with IndexIQ's rules-based methodology of such underlying index.

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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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