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PTALX Prudential QMA Global Tactical Allc A

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Fund PTALX Prudential QMA Global Tactical Allc A HDG ProShares Hedge Replication  
Similarity
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100% 89%
Annual Fees
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$154.15
(1.50% Exp. Ratio)
$97.63
(0.95% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.76% annual return
$14,396.39 $17,013.79
Est. savings over 30 yrs +$2,617.40
Return
As of 11/30/16
1 YR RETURN -0.03%
3 YR --
5 YR --
10 YR --
1 YR RETURN 0.38%
3 YR 0.86%
5 YR 1.87%
10 YR --
Description
The investment seeks long-term risk adjusted total return. In seeking long-term risk adjusted total return, the fund will balance the level of risk with the return opportunities of its investments. To access return opportunities the fund will utilize targeted long and short exposures to diverse potential sources of return across and within global equities, global bonds, commodities and currencies markets (also referred to herein as the "asset classes"). A "long" exposure will benefit the fund when the underlying asset increases in price. A "short" exposure will benefit the fund when the underlying asset decreases in price. The fund is non-diversified.
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.

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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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