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TFCYX SEI Tax-Free Conservative Income Y(SIMT)

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Fund TFCYX SEI Tax-Free Conservative Income Y(SIMT) PTFSX Pacific Capital Tx-Fr Shrt Interm Secs Y  
Similarity
?
100% 89%
Annual Fees
?
$20.40
(0.20% Exp. Ratio)
$15.30
(0.15% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.98% annual return
$16,980.14 $17,237.22
Est. savings over 30 yrs +$257.08
Return
As of 10/31/16
1 YR RETURN --
3 YR --
5 YR --
10 YR --
1 YR RETURN 1.13%
3 YR 1.31%
5 YR 1.23%
10 YR 1.94%
Description
The investment seeks preserving principal value and maintaining a high degree of liquidity while providing current income exempt from federal income taxes. Under normal circumstances, the fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. dollar-denominated municipal securities that the fund's sub-adviser (the Sub-Adviser) believes present minimal credit risks to the fund and that pay interest that (i) is exempt from federal income taxes and (ii) is not taxable under the federal alternative minimum tax applicable to individuals.
The investment seeks high current income that is exempt from federal and Hawaii income tax, with greater stability in the price of the investors' investment than a long-term bond fund. The fund normally invests at least 80% of its net assets plus borrowings for investment purposes in investment grade municipal obligations - debt securities that pay interest which, in the opinion of counsel to the issuer, is exempt from both federal income tax and the federal alternative minimum tax. It normally invests not less than 50% of its net assets in Hawaii municipal obligations. 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

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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