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FRCEX First Investors Covered Call Strat Instl

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Fund FRCEX First Investors Covered Call Strat Instl
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Similarity
?
100%
Annual Fees
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$88.41
(0.84% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.25% annual return
$35,988.56
Est. savings over 30 yrs
Return
As of 10/31/16
1 YR RETURN --
3 YR --
5 YR --
10 YR --
Description
The investment seeks long-term capital appreciation. The fund invests in a portfolio of equity securities and writes (sells) call options on those securities. Under normal circumstances, the fund will write (sell) call options on at least 80% of the fund's total assets. The fund will normally write (sell) covered call options listed on U.S. exchanges on the equity securities held by the fund to seek to lower the overall volatility of the fund's portfolio, protect the fund from market declines and generate income.

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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".

Yes, funds and ETFs charge fees

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