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MGSMX Deutsche Short-Term Municipal Bond Instl

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Fund MGSMX Deutsche Short-Term Municipal Bond Instl IBMG iShares iBonds Sep 2018 Term Muni Bond  
100% 88%
Annual Fees
(0.48% Exp. Ratio)
(0.18% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.98% annual return
$15,580.54 $17,052.90
Est. savings over 30 yrs +$1,472.37
As of 12/31/16
1 YR RETURN 0.10%
3 YR 0.84%
5 YR 0.79%
10 YR 1.78%
1 YR RETURN 0.59%
3 YR 1.15%
5 YR --
10 YR --
The investment seeks a high level of income exempt from regular federal income tax, consistent with the preservation of capital. Under normal market conditions, the fund invests at least 80% of its assets, determined at the time of purchase, in municipal securities that pay interest exempt from regular federal income tax. It invests primarily in investment grade municipal securities (securities within the top four credit rating categories) and up to 15% of assets investable in the fourth highest rating category.
The investment seeks to track the investment results of the S&P AMT-Free Municipal Series 2018 IndexTM (the "underlying index"), which measures the performance of investment-grade, non-callable U.S. municipal bonds maturing in 2018. 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, as well as in securities not included in the underlying index, but which the advisor believes will help the fund track the underlying index. 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.

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