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HDOIX Hatteras Disciplined Opportunity Instl

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Fund HDOIX Hatteras Disciplined Opportunity Instl GTSOX Glenmede Secured Options MENYX Madison Covered Call & Equity Income Y  
Similarity
?
100% 88% 88%
Annual Fees
?
$184.22
(1.75% Exp. Ratio)
$88.42
(0.84% Exp. Ratio)
$108.42
(1.03% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.27% annual return
$27,454.15 $36,201.52 $34,177.35
Est. savings over 30 yrs +$8,747.37 +$6,723.20
Return
As of 11/30/16
1 YR RETURN 5.50%
3 YR --
5 YR --
10 YR --
1 YR RETURN 6.23%
3 YR 6.36%
5 YR 8.60%
10 YR --
1 YR RETURN 6.46%
3 YR 4.76%
5 YR 7.11%
10 YR --
Description
The investment seeks to consistently outperform the broader equity market on a risk-adjusted basis in both rising and declining markets. The fund seeks to achieve its investment objective principally by buying call options on the S&P 500® Composite Stock Price Index (the "S&P 500 Index") or investing in exchange-traded funds ("ETFs") to create broad market exposure, and buying and writing (selling) additional call and put options on the S&P 500 Index to enhance market returns and reduce market losses. It is non-diversified.
The investment seeks long-term capital appreciation and option premiums consistent with reasonable risk to principal. Under normal market circumstances, at least 80% of the value of the Portfolio's total assets (including borrowings for investment purposes) will be subject to secured option strategies, which are written covered call and/or secured put options on stock index ETFs, stock indices and/or individual stocks held by the Portfolio. The advisor intends to invest in a diversified portfolio of equity securities with generally similar risk and return characteristics as the Standard & Poor's 500® Index.
The investment seeks to provide consistent total return and, secondarily, to provide a high level of income and gains from option premiums. The fund invests, under normal conditions, primarily in common stocks of large- and mid-capitalization issuers that are, in the view of the fund's investment adviser, selling at a reasonable price in relation to their long-term earnings growth rates. It will invest at least 80% of its net assets in common stocks, with at least 65% of this amount invested in common stocks of large capitalization issuers that meet the fund's selection criteria.

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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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