Investment Test Drive

LMUCX LoCorr Multi-Strategy C

2 lower fee alternatives found

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  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund LMUCX LoCorr Multi-Strategy C DEVDX Driehaus Event Driven BXMYX Blackstone Alternative Multi-Strategy Y  
Similarity
?
100% 87% 89%
Annual Fees
?
$439.06
(4.28% Exp. Ratio)
$146.70
(1.43% Exp. Ratio)
$238.00
(2.32% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.58% annual return
$5,787.89 $13,956.69 $10,631.86
Est. savings over 30 yrs +$8,168.80 +$4,843.97
Return
As of 12/31/16
1 YR RETURN 0.49%
3 YR --
5 YR --
10 YR --
1 YR RETURN 6.25%
3 YR -0.53%
5 YR --
10 YR --
1 YR RETURN 1.47%
3 YR --
5 YR --
10 YR --
Description
The investment seeks capital appreciation. The fund seeks to achieve its investment objective by allocating its assets across multiple investment strategies that are managed by various investment managers. The investment strategies used by the fund's sub-advisers will utilize the following types of investments: common stocks; bonds; real estate investment trusts, master-limited partnerships, royalty trusts; and other types of pooled investment vehicles. It may invest in the common stocks and debt securities of U.S. and foreign companies. The fund is non-diversified.
The investment seeks to provide positive returns over full-market cycles. The fund is actively managed by using techniques intended to provide positive returns over full-market cycles. In making investment decisions, Driehaus Capital Management LLC, the fund's investment adviser (the "Adviser"), will employ event-driven strategies designed to exploit disparities or inefficiencies in U.S. and foreign (non-U.S.) equity and debt markets. The fund is non-diversified.
The investment seeks capital appreciation. The fund seeks to achieve its objective by allocating the fund's assets among a variety of non-traditional or "alternative" investment strategies. The adviser allocates the fund's assets among investment sub-advisers with experience managing alternative investment strategies and among Investment Funds and may also manage a portion of the fund's assets directly. 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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