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LFITX MFS Lifetime 2055 R3

2 lower fee alternatives found

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Fund LFITX MFS Lifetime 2055 R3 LFIKX MFS Lifetime 2055 R6 FDEEX Fidelity Freedom® 2055  
Similarity
?
100% 100% 99%
Annual Fees
?
$95.59
(0.91% Exp. Ratio)
$54.62
(0.52% Exp. Ratio)
$80.88
(0.77% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.04% annual return
$33,222.86 $37,377.95 $34,660.27
Est. savings over 30 yrs +$4,155.09 +$1,437.41
Return
As of 11/30/16
1 YR RETURN 5.09%
3 YR 4.30%
5 YR --
10 YR --
1 YR RETURN 5.37%
3 YR 4.59%
5 YR --
10 YR --
1 YR RETURN 5.09%
3 YR 4.88%
5 YR 9.76%
10 YR --
Description
The investment seeks a high level of total return consistent with its asset allocation until the approximate retirement year in 2055; thereafter, the fund will seek total return through a combination of current income and capital appreciation. The fund is designed to provide diversification among different asset classes for investors with the approximate retirement year in 2055. It invests substantially all of its assets in other MFS mutual funds, referred to as underlying funds.
The investment seeks a high level of total return consistent with its asset allocation until the approximate retirement year in 2055; thereafter, the fund will seek total return through a combination of current income and capital appreciation. The fund is designed to provide diversification among different asset classes for investors with the approximate retirement year in 2055. It invests substantially all of its assets in other MFS mutual funds, referred to as underlying funds.
The investment seeks high total return until its target retirement date. The fund invests in a combination of Fidelity® domestic equity funds, international equity funds (developed and emerging markets), bond funds, and short-term funds. It uses an asset allocation strategy that becomes increasingly conservative until it reaches an allocation similar to that of the Fidelity Freedom® Income Fund (approximately 17% in domestic equity funds, 7% in international equity funds, 46% in bond funds, and 30% in short-term funds (approximately 10 to 19 years after the year 2055)).

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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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