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NUPAX Neuberger Berman US Eq Idx PtWrtStrt A

2 lower fee alternatives found

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Fund NUPAX Neuberger Berman US Eq Idx PtWrtStrt A PBP PowerShares S&P 500 BuyWrite ETF GTSOX Glenmede Secured Options  
Similarity
?
100% 87% 87%
Annual Fees
?
$106.30
(1.01% Exp. Ratio)
$78.94
(0.75% Exp. Ratio)
$88.41
(0.84% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.25% annual return
$34,235.54 $37,038.46 $36,044.00
Est. savings over 30 yrs +$2,802.92 +$1,808.46
Return
As of 12/31/16
1 YR RETURN --
3 YR --
5 YR --
10 YR --
1 YR RETURN 6.21%
3 YR 5.16%
5 YR 6.41%
10 YR --
1 YR RETURN 5.87%
3 YR 6.07%
5 YR 8.10%
10 YR --
Description
The investment seeks long-term growth of capital and income generation. The fund seeks to achieve its goal primarily through a strategy of writing collateralized put options on both U.S. indices, including the S&P 500 Index and the Russell 2000 Index, and exchange traded funds. The advisor attempts to generate returns through the receipt of option premiums from selling puts, as well as through investments in fixed income instruments, which collectively are intended to reduce volatility relative to holding the underlying equity index on which the options are written due to the receipt of income from options and fixed income instruments.
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.
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

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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