Investment Test Drive

FPGIX Federated Prudent DollarBear Instl

2 lower fee alternatives found

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Fund FPGIX Federated Prudent DollarBear Instl ICI iPath® Optimized Currency Carry ETN AYT iPath® GEMS Asia 8 ETN  
Similarity
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100% 85% 85%
Annual Fees
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$115.12
(1.14% Exp. Ratio)
$65.64
(0.65% Exp. Ratio)
$89.88
(0.89% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 0.98% annual return
$9,510.04 $11,030.63 $10,258.61
Est. savings over 30 yrs +$1,520.59 +$748.57
Return
As of 11/30/16
1 YR RETURN -0.21%
3 YR -4.99%
5 YR -4.47%
10 YR -0.10%
1 YR RETURN 1.67%
3 YR -0.92%
5 YR -2.14%
10 YR --
1 YR RETURN 0.47%
3 YR -2.34%
5 YR -1.54%
10 YR --
Description
The investment seeks current income and capital appreciation. The fund pursues its investment objective by investing primarily in fixed-income securities, primarily with short-term maturities, issued by governments and governmental agencies of developed countries, including the United States, as well as other countries with sound economic and financial systems. The fund's manager considers developed countries to be those represented in the MSCI World Index. The MSCI World Index is a free float-adjusted, market capitalization weighted index that is designed to measure the equity market performance of developed markets. The fund is non-diversified.
The iPath® Optimized Currency Carry ETN is designed to provide investors with exposure to the Barclays Optimized Currency Carry Index™. The Barclays Optimized Currency Carry Index™ (the "Index") is designed to reflect the total return of an "Intelligent Carry Strategy," which, through an objective and systematic methodology, seeks to capture the returns that are potentially available from a strategy of investing in high-yielding currencies with the exposure financed by borrowings in low-yielding currencies sometimes referred to as the "carry trade."
The iPath® GEMS Asia 8 ETN is designed to provide investors with exposure to the Barclays Global Emerging Markets Strategy (GEMS) Asia 8 Index™. The Barclays Global Emerging Markets Strategy (GEMS) Asia 8 Index™ (the "Index") is designed to provide exposure to the total return on local currencies in specified Asian markets through short-term, liquid and diversified instruments. The Index constituent currencies are the Indonesian rupiah, the Indian rupee, the Philippine peso, the South Korean won, the Thai baht, the Malaysian ringgit, the Taiwanese dollar and the Chinese yuan.

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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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