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INCAX James Alpha Hedged High Income A

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Fund INCAX James Alpha Hedged High Income A TCOYX Touchstone Credit Opportunities Y  
Similarity
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100% 85%
Annual Fees
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$244.31
(2.39% Exp. Ratio)
$151.29
(1.48% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.22% annual return
$9,355.32 $12,358.37
Est. savings over 30 yrs +$3,003.05
Return
As of 11/30/16
1 YR RETURN 6.38%
3 YR --
5 YR --
10 YR --
1 YR RETURN 8.38%
3 YR --
5 YR --
10 YR --
Description
The investment seeks to provide high current income; the fund's secondary investment objective is to seek capital preservation, with the potential for capital appreciation. The fund will invest all of its assets in fixed income and fixed income related securities, using a combination of long-short, long-only and hedging strategies. Fixed income securities in which the fund will invest are anticipated to generally consist of U.S. and foreign fixed income and fixed income related securities of varying maturities and credit quality, including those that are rated below investment grade at the time of purchase.
The investment seeks absolute total return, primarily from income and capital appreciation. The fund invests, under normal circumstances, at least 80% of its assets (including the amount of borrowings for investment purposes) in U.S. and non-U.S. debt instruments. The fund seeks to achieve its investment goal by investing in a wide array of debt securities or other debt instruments. 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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