Investment Test Drive

ABRBX Invesco Balanced-Risk Allc B

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 ABRBX Invesco Balanced-Risk Allc B YYY YieldShares High Income ETF  
Similarity
?
100% 85%
Annual Fees
?
$208.25
(2.02% Exp. Ratio)
$191.75
(1.86% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.09% annual return
$13,515.95 $14,194.02
Est. savings over 30 yrs +$678.06
Return
As of 10/31/16
1 YR RETURN 6.67%
3 YR 2.30%
5 YR 4.31%
10 YR --
1 YR RETURN 9.41%
3 YR 2.45%
5 YR --
10 YR --
Description
The investment seeks to provide total return with a low to moderate correlation to traditional financial market indices. The fund's investment strategy is designed to provide capital loss protection during down markets by investing in multiple asset classes. Its portfolio management team allocates across three asset classes: equities, fixed income and commodities, such that no one asset class drives the fund's performance. The fund's exposure to these three asset classes will be achieved primarily (generally over 65% based on notional exposure) through investments in derivative instruments including but not limited to futures and swap agreements.
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ISE High IncomeTM Index (the "index"). The fund will normally invest at least 80% of its total assets in securities of the index. Because the index is comprised of securities issued by other investment companies, the fund operates in a manner that is commonly referred to as a "fund of funds," meaning that it invests its assets in shares of funds included in the index. The index seeks to measure the performance of the top 30 U.S. exchange-listed closed-end funds.

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!