Investment Test Drive

GHCIX Leland Currency Strategy I

4 lower fee alternatives found

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Fund GHCIX Leland Currency Strategy I USDU WisdomTree Bloomberg US Dllr Bullish ETF CEW WisdomTree Emerging Currency Strat ETF  
Similarity
?
100% 93% 93%
Annual Fees
?
$164.60
(1.63% Exp. Ratio)
$50.49
(0.50% Exp. Ratio)
$55.54
(0.55% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 0.98% annual return
$8,193.03 $11,541.35 $11,368.62
Est. savings over 30 yrs +$3,348.32 +$3,175.60
Return
As of 11/30/16
1 YR RETURN -7.85%
3 YR --
5 YR --
10 YR --
1 YR RETURN 1.08%
3 YR --
5 YR --
10 YR --
1 YR RETURN 2.65%
3 YR -4.67%
5 YR -2.78%
10 YR --
Description
The investment seeks to total return from capital appreciation and income. The fund invests primarily in foreign currency forward contracts, including cash-settled forwards, and U.S. dollar denominated short-duration fixed income securities (or securities of entities that invest primarily in such debt obligations, including money market funds and exchange traded funds. The fund's investment in short duration fixed income investments consist primarily of (i) shares of money market funds, (ii) U.S. dollar denominated non-government corporate and structured debt securities rated investment grade, and (iii) U.S. government securities. It is non-diversified.
The investment seeks to provide total returns, before fees and expenses that exceed the performance of the Bloomberg Dollar Total Return Index (the "index"). The fund is an actively managed ETF that seeks to provide total returns, before fees and expenses, which exceed the performance of the index. The index is structured to potentially benefit as the U.S. dollar appreciates relative to a basket of global currencies. The fund will seek exposure to both the U.S. dollar and global currencies held by the index through investing, under normal circumstances, at least 80% of its assets in money market securities and other liquid securities. It is non-diversified.
The investment seeks to achieve total returns reflective of both money market rates in selected emerging market countries available to foreign investors and changes to the value of these currencies relative to the U.S. dollar. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in investments whose combined performance is tied economically to selected emerging market countries. It generally will maintain a weighted average portfolio maturity of 90 days or less with respect to the money market securities in its portfolio. 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

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