Investment Test Drive

RSAFX RiverPark Structural Alpha Retail

1 lower fee alternative found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Investing
$
  YOU ASKED ABOUT FEATURED ALTERNATIVE ?
Fund RSAFX RiverPark Structural Alpha Retail GTSOX Glenmede Secured Options  
Similarity
?
100% 87%
Annual Fees
?
$210.53
(2.00% Exp. Ratio)
$88.42
(0.84% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.27% annual return
$25,428.13 $36,193.27
Est. savings over 30 yrs +$10,765.13
Return
As of 11/30/16
1 YR RETURN 0.31%
3 YR 2.19%
5 YR 4.37%
10 YR --
1 YR RETURN 6.23%
3 YR 6.36%
5 YR 8.60%
10 YR --
Description
The investment seeks long-term capital appreciation while exposing investors to less risk than broad stock market indices. The fund seeks long-term capital appreciation while exposing investors to less risk than broad stock market indices by investing in a portfolio of options that the adviser believes structurally will generate exposure to equity markets with less volatility. The Option Portfolio is structured such that the fund is willing to trade-off opportunities for above average gains in exchange for income that will provide a cushion, and therefore some downside protection, during market declines.
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.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

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.

+

Your Feedback has been sent successfully!