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GBLMX Astor Macro Alternative I

1 lower fee alternative found

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Fund GBLMX Astor Macro Alternative I GAA Cambria Global Asset Allocation ETF  
Similarity
?
100% 85%
Annual Fees
?
$197.31
(1.92% Exp. Ratio)
$25.69
(0.25% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.77% annual return
$12,672.41 $21,029.68
Est. savings over 30 yrs +$8,357.27
Return
As of 11/30/16
1 YR RETURN 4.80%
3 YR --
5 YR --
10 YR --
1 YR RETURN 5.49%
3 YR --
5 YR --
10 YR --
Description
The investment seeks to provide positive returns over a market cycle regardless of market conditions or general market direction. The fund utilizes multiple quantitative strategies implemented over a broad variety of asset classes and countries in seeking to achieve its investment objective and generate high risk-adjusted returns (capital appreciation) with lower volatility than the global equity markets. It invests in ETFs that each invests primarily in either equity securities (common and preferred stocks) or fixed-income securities (such as bonds, notes and debentures).
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.

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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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