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AFMMX API Short Term Bond L

1 lower fee alternative found

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Fund AFMMX API Short Term Bond L CMFIX CM Advisors Fixed Income  
Similarity
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100% 88%
Annual Fees
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$276.90
(2.71% Exp. Ratio)
$82.76
(0.81% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.18% annual return
$8,371.31 $14,954.92
Est. savings over 30 yrs +$6,583.61
Return
As of 11/30/16
1 YR RETURN 2.50%
3 YR 0.04%
5 YR 1.62%
10 YR -0.88%
1 YR RETURN 5.55%
3 YR 2.11%
5 YR 2.00%
10 YR 4.13%
Description
The investment seeks maximum total return from capital growth and income. The fund invests in securities that, in the Adviser's opinion, offer the opportunity for maximum total return from capital growth and income. The Adviser exercises a flexible strategy in the selection of investments and is not limited by investment style or asset class.
The investment seeks to preserve capital and maximize total return. The fund invests primarily in U.S. dollar denominated fixed income securities that the Advisor believes are undervalued. It may invest in all types of fixed income securities but will typically invest in fixed income securities such as corporate bonds, U.S. government securities and mortgage-backed securities. At least 80% of its net assets (including the amount of any borrowings for investment purposes) will be invested in fixed income investments, which include fixed income securities and shares of other RICs that invest primarily in fixed income securities.

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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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