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WEISX Weiss Alternative Balanced Risk I

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Fund WEISX Weiss Alternative Balanced Risk I BXMYX Blackstone Alternative Multi-Strategy Y  
100% 86%
Annual Fees
(2.33% Exp. Ratio)
(2.32% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.43% annual return
$10,140.46 $10,171.66
Est. savings over 30 yrs +$31.19
As of 9/30/16
3 YR --
5 YR --
10 YR --
1 YR RETURN 0.88%
3 YR --
5 YR --
10 YR --
The investment seeks to provide returns with moderate volatility and reduced correlation to the overall performance of bond and equity markets. The fund employs a balanced risk allocation strategy by investing in (1) a "long-only" portfolio of equity securities (the "equity component"), (2) a "long-only" portfolio of debt securities (i.e. the "bond component"), and (3) a diversified, multi-strategy "long/short" portfolio that will include equity securities, debt securities, and/or derivatives (the "long/short component").
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.


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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