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RSBEX Russell Short Duration Bond E

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Fund RSBEX Russell Short Duration Bond E TDFPX TDAM 1- to 5-Year Corporate Bond ISTB iShares Core 1-5 Year USD Bond  
Similarity
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100% 87% 93%
Annual Fees
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$82.66
(0.81% Exp. Ratio)
$0.00
(0.00% Exp. Ratio)
$8.16
(0.08% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.04% annual return
$14,379.29 $18,352.74 $17,917.34
Est. savings over 30 yrs +$3,973.44 +$3,538.05
Return
As of 10/31/16
1 YR RETURN 2.20%
3 YR 1.24%
5 YR 1.69%
10 YR 2.76%
1 YR RETURN 2.50%
3 YR 1.75%
5 YR --
10 YR --
1 YR RETURN 2.79%
3 YR 1.70%
5 YR --
10 YR --
Description
The investment seeks to provide current income and preservation of capital with a focus on short duration securities. The fund has a non-fundamental policy to invest, under normal circumstances, at least 80% of the value of its net assets plus borrowings for investment purposes in bonds. Russell Investment Management, LLC provides or oversees the provision of all investment advisory and portfolio management services for the fund, including developing the investment program for the fund and managing the fund's overall exposures. It invests principally in short duration bonds and defines short duration as a duration ranging from 0.5 to 3.0 years.
The investment seeks to provide current income. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in corporate bonds with a term to maturity of between 1 and 5 years. For purposes of such policy, "bonds" includes bonds, debentures, notes and zero coupon obligations. The advisor currently anticipates that it will only purchase bonds that are, at the time of investment, rated investment grade (BBB- or above by Standard & Poor's Ratings Services ("S&P") or Fitch Ratings Inc. ("Fitch") or Baa3 or above by Moody's Investors Service, Inc. ("Moody's")) or their unrated equivalents.
The investment seeks to track the investment results of the Bloomberg Barclays U.S. Universal 1-5 Year Index, which measures the performance of U.S. dollar-denominated taxable bonds that are rated either investment-grade or high yield with remaining maturities between one and five years. The fund invests at least 90% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included 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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