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ENHRX Cullen Enhanced Equity Income Retail

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Fund ENHRX Cullen Enhanced Equity Income Retail PBP PowerShares S&P 500 BuyWrite ETF  
Similarity
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100% 85%
Annual Fees
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$106.30
(1.01% Exp. Ratio)
$78.93
(0.75% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.25% annual return
$34,182.88 $36,981.49
Est. savings over 30 yrs +$2,798.61
Return
As of 10/31/16
1 YR RETURN --
3 YR --
5 YR --
10 YR --
1 YR RETURN 3.42%
3 YR 5.48%
5 YR 7.05%
10 YR --
Description
The investment seeks long-term capital appreciation and current income. The fund invests at least 80% of its net assets, plus borrowings for investment purposes, in dividend paying common stocks of medium-capitalization companies (which are companies with a typical capitalization range of between $5 billion and $12 billion at the time of investment) and large-capitalization companies (which are companies with a typical capitalization range greater than $12 billion at the time of investment). It may invest up to 30% of its assets in foreign securities.
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the CBOE S&P 500 BuyWrite IndexSM. The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index and will write (sell) call options thereon. The underlying index is a total return benchmark index that is designed to track the performance of a hypothetical "buy-write" strategy on the S&P 500® Index.

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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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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".

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