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RAMAX American Funds ST Bd Fd of Amer R1

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Fund RAMAX American Funds ST Bd Fd of Amer R1 VBIRX Vanguard Short-Term Bond Index Adm BSV Vanguard Short-Term Bond ETF  
Similarity
?
100% 91% 91%
Annual Fees
?
$148.14
(1.45% Exp. Ratio)
$9.20
(0.09% Exp. Ratio)
$9.20
(0.09% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.17% annual return
$12,275.26 $18,518.28 $18,518.28
Est. savings over 30 yrs +$6,243.02 +$6,243.02
Return
As of 11/30/16
1 YR RETURN -0.07%
3 YR -0.31%
5 YR -0.37%
10 YR 0.67%
1 YR RETURN 1.14%
3 YR 1.09%
5 YR 1.23%
10 YR 2.98%
1 YR RETURN 1.14%
3 YR 1.07%
5 YR 1.22%
10 YR 2.96%
Description
The investment seeks current income, consistent with the maturity and quality standards described in the prospectus, and preservation of capital. The fund will invest at least 80% of its assets in bonds (bonds include any debt instrument and cash equivalents). It maintains a portfolio of bonds, other debt securities and money market instruments having a dollar-weighted average effective maturity no greater than three years and consisting primarily of debt securities rated AA- or Aa3 or better. The fund primarily invests in debt securities denominated in U.S. dollars. It may invest up to 10% of its assets in debt securities in the A rating category.
The investment seeks to track the performance of a market-weighted bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Bloomberg Barclays U.S. 1-5 Year Government/Credit Float Adjusted Index. This index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 1 and 5 years and are publicly issued. All of its investments will be selected through the sampling process, and at least 80% of its assets will be invested in bonds held in the index.
The investment seeks to track the performance of a market-weighted bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Bloomberg Barclays U.S. 1-5 Year Government/Credit Float Adjusted Index. This index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 1 and 5 years and are publicly issued. All of its investments will be selected through the sampling process, and at least 80% of its assets will be invested in bonds held in the 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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