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GMTEX GuideMark® Tax-Exempt Fixed Income Svc

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Fund GMTEX GuideMark® Tax-Exempt Fixed Income Svc VWAHX Vanguard High-Yield Tax-Exempt MUB iShares National Muni Bond  
Similarity
?
100% 91% 88%
Annual Fees
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$130.61
(1.28% Exp. Ratio)
$20.41
(0.20% Exp. Ratio)
$25.51
(0.25% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.04% annual return
$12,462.71 $17,273.27 $17,015.53
Est. savings over 30 yrs +$4,810.55 +$4,552.81
Return
As of 11/30/16
1 YR RETURN -0.43%
3 YR 3.20%
5 YR 2.80%
10 YR 3.15%
1 YR RETURN 0.70%
3 YR 4.95%
5 YR 4.59%
10 YR 4.29%
1 YR RETURN -0.27%
3 YR 3.32%
5 YR 3.02%
10 YR --
Description
The investment seeks to provide current income exempt from federal income tax. Under normal circumstances, the fund invests at least 80% of its assets in municipal fixed income securities, the interest on which is generally exempt from federal income tax and not subject to the alternative minimum tax ("AMT"). It primarily invests its assets in municipal securities that are investment grade. The average dollar-weighted portfolio maturity of the portfolio is expected to be maintained between three and fifteen years.
The investment seeks a high and sustainable level of current income that is exempt from federal personal income taxes. The fund invests at least 80% of its assets in investment-grade municipal bonds, as determined by a nationally recognized statistical rating organization (NRSRO) (e.g., Baa or higher by Moody's Investors Service, Inc. (Moody's)) or, if unrated, determined to be of comparable quality by the advisor. Up to 20% of the fund's assets may be invested in bonds that are rated less than investment grade by an NRSRO (e.g., less than Baa by Moody's) or, if unrated, determined to be of comparable quality by the advisor.
The investment seeks to track the investment results of the S&P National AMT-Free Municipal Bond IndexTM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index measures the performance of the investment-grade segment of the U.S. municipal bond market.

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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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