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LJMAX LJM Preservation and Growth A

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Fund LJMAX LJM Preservation and Growth A
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Similarity
?
100%
Annual Fees
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$259.96
(2.47% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.25% annual return
$21,888.48
Est. savings over 30 yrs
Return
As of 10/31/16
1 YR RETURN 15.58%
3 YR 9.62%
5 YR --
10 YR --
Description
The investment seeks capital appreciation and capital preservation with low correlation to the broader U.S. equity market. Under normal circumstances, the fund invests primarily in purchased (aka "long") and sold (aka "short") call and put options on Standard & Poor's 500 Futures Index ("S&P"). The fund seeks to achieve its investment objectives by capturing gains on options sold on S&P futures contracts that can be purchased ("closed") at a later date for a lower price than the price realized when originally sold.

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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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