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IQDAX Infinity Q Diversified Alpha Investor

5 lower fee alternatives found

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  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund IQDAX Infinity Q Diversified Alpha Investor TSAYX Touchstone Controlled Growth with Inc Y JDATX Janus Diversified Alternatives T  
Similarity
?
100% 87% 85%
Annual Fees
?
$233.27
(2.27% Exp. Ratio)
$105.85
(1.03% Exp. Ratio)
$154.15
(1.50% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.76% annual return
$11,376.37 $16,606.33 $14,396.39
Est. savings over 30 yrs +$5,229.97 +$3,020.02
Return
As of 11/30/16
1 YR RETURN 0.01%
3 YR --
5 YR --
10 YR --
1 YR RETURN 4.64%
3 YR 2.83%
5 YR 4.50%
10 YR 4.38%
1 YR RETURN 6.46%
3 YR 1.83%
5 YR --
10 YR --
Description
The investment seeks to generate positive absolute returns. The fund pursues its investment objective by aiming to provide exposure to several strategies often referred to as "alternative" or "absolute return" strategies. Absolute return strategies seek to produce positive performance in both positive and negative environments for equities, fixed income, and credit markets. Utilizing a diversified portfolio of instruments, it seeks exposure to the following strategies: Volatility, Equity Long/Short, Relative Value and Global Macro. The fund may also invest up to 25% of its assets in a subsidiary.
The investment seeks to provide investors with growth and income. The fund is a "fund-of-funds," which seeks to achieve its investment goal by investing primarily in a diversified portfolio of underlying equity, fixed-income, and alternative funds (although a portion of its assets may be invested in cash, cash equivalents, or in money market funds). These underlying funds, in turn, invest in a variety of U.S. and foreign equity securities, fixed-income instruments and other investments.
The investment seeks absolute return with low correlation to stocks and bonds. Under normal market conditions, the fund pursues its investment objective by investing in a diverse group of return drivers, each a type of risk premium (collectively, "risk premia"), across equity, fixed income, commodity, and currency asset classes. Risk premia refers to the return that is expected for assuming a particular market risk. It employs a proprietary multi-factor process to allocate the fund's assets across the various risk premia.

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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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