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NTMCX Nuveen Tactical Market Opportunities C

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Fund NTMCX Nuveen Tactical Market Opportunities C HDG ProShares Hedge Replication JDATX Janus Diversified Alternatives T  
Similarity
?
100% 88% 89%
Annual Fees
?
$219.45
(2.14% Exp. Ratio)
$97.42
(0.95% Exp. Ratio)
$153.82
(1.50% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.55% annual return
$11,115.30 $15,973.48 $13,516.12
Est. savings over 30 yrs +$4,858.17 +$2,400.81
Return
As of 10/31/16
1 YR RETURN -2.51%
3 YR -1.25%
5 YR -1.48%
10 YR --
1 YR RETURN 0.05%
3 YR 0.80%
5 YR 1.69%
10 YR --
1 YR RETURN 6.04%
3 YR 1.00%
5 YR --
10 YR --
Description
The investment seeks to earn a positive total return over a reasonable period of time, regardless of market conditions. The fund will seek to outperform the Merrill Lynch 3 Month Treasury Bill Index (the "Treasury Bill Index") by 400 basis points, or 4%, on an annualized basis. It generally gains exposure to the above asset classes by investing in derivative instruments and exchange-traded funds ("ETFs"), except that the fund invests directly in U.S. Treasury obligations, non-U.S. government obligations that have an investment grade rating from at least one rating agency and money market funds.
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 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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