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JECMX James Alpha Mgd Risk Emerg Mkts Eq C

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Fund JECMX James Alpha Mgd Risk Emerg Mkts Eq C GTSOX Glenmede Secured Options  
Similarity
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100% 85%
Annual Fees
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$376.78
(3.58% Exp. Ratio)
$88.41
(0.84% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.25% annual return
$15,526.83 $35,988.56
Est. savings over 30 yrs +$20,461.73
Return
As of 10/31/16
1 YR RETURN -0.43%
3 YR --
5 YR --
10 YR --
1 YR RETURN 5.10%
3 YR 5.89%
5 YR 8.73%
10 YR --
Description
The investment seeks capital appreciation. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities or investments that provide exposure to equity securities, and in derivatives and other instruments that have economic characteristics similar to such securities. It will seek to achieve its objective by combining a long equity strategy with an options hedging strategy that seeks to provide protection during significant equity market downturns. The fund 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.

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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

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