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AAMIX Absolute Capital Asset Allocator Instl

10 lower fee alternatives found

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Fund AAMIX Absolute Capital Asset Allocator Instl LCORX Leuthold Core Investment Retail DBALX Davenport Balanced Income  
Similarity
?
100% 89% 85%
Annual Fees
?
$317.52
(3.08% Exp. Ratio)
$124.74
(1.21% Exp. Ratio)
$128.86
(1.25% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.09% annual return
$9,752.72 $17,302.67 $17,093.73
Est. savings over 30 yrs +$7,549.95 +$7,341.01
Return
As of 10/31/16
1 YR RETURN --
3 YR --
5 YR --
10 YR --
1 YR RETURN -1.19%
3 YR 3.72%
5 YR 6.41%
10 YR 4.54%
1 YR RETURN --
3 YR --
5 YR --
10 YR --
Description
The investment seeks long term capital appreciation. The fund seeks to achieve its investment objective by investing directly or indirectly through other investment companies, including mutual funds, exchange traded funds ("ETFs") and closed-end funds (collectively, "underlying funds") in domestic and foreign (including emerging markets) (i) fixed income securities of any maturity or credit quality (including "junk bonds"); (ii) equity securities of any market capitalization; and (iii) exchange traded notes ("ETNs").
The investment seeks capital appreciation and income. The fund is a "flexible" fund which allocates its investments among common stocks and other equity securities, bonds and other debt securities, money market instruments in proportions which reflect the judgment of Leuthold Weeden Capital Management. It invests normally 30% to 70% of its assets in common stocks and other equity securities; 30% to 70% in bonds and other debt securities (other than money market instruments), except during prolonged periods of low interest rates; up to 20% of its assets in money market instruments.
The investment seeks current income and an opportunity for long term growth. The fund invests in a diversified portfolio of equity and fixed income securities, including exchange-traded funds ("ETFs") that invest in equity and fixed income securities. Under normal market conditions, the fund will target an allocation of no more than 75% and no less than 25% of its total assets in equity securities and no less than 25% of its total assets 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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