Investment Test Drive

GSASX Goldman Sachs Hi Quality Float Rt Svc

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Fund GSASX Goldman Sachs Hi Quality Float Rt Svc GEADX Goldman Sachs Enhanced Income Admin SECPX SEI Ultra Short Duration Bond A (SDIT)  
Similarity
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100% 85% 87%
Annual Fees
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$85.60
(0.84% Exp. Ratio)
$61.14
(0.60% Exp. Ratio)
$70.31
(0.69% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.90% annual return
$13,653.91 $14,680.91 $14,287.33
Est. savings over 30 yrs +$1,027.00 +$633.42
Return
As of 11/30/16
1 YR RETURN 0.62%
3 YR -0.19%
5 YR 0.00%
10 YR 0.62%
1 YR RETURN 0.97%
3 YR 0.25%
5 YR 0.47%
10 YR 1.29%
1 YR RETURN 1.26%
3 YR 0.76%
5 YR 1.14%
10 YR 1.26%
Description
The investment seeks to provide a high level of current income, consistent with low volatility of principal. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes in high quality floating rate or variable rate obligations. It may invest in obligations of foreign issuers, although 100% of the fund's portfolio will be invested in U.S. dollar denominated securities. The fund's target duration range under normal interest rate conditions is expected to approximate that of the BofAML Three-Month U.S. Treasury Bill Index, plus or minus 3 months, and the duration of the index has ranged between 0.2 and 0.3 years.
The investment seeks to generate return in excess of traditional money market products while maintaining an emphasis on preservation of capital and liquidity. The fund invests, under normal circumstances, primarily in a portfolio of U.S. dollar-denominated fixed income securities, including non-mortgage securities issued or guaranteed by the U.S. government, its agencies, instrumentalities or sponsored enterprises, corporate notes, commercial paper and fixed and floating rate asset-backed securities and foreign securities. It may invest across a broad range of high-grade fixed income sectors with an emphasis on the preservation of capital and liquidity.
The investment seeks higher current income than that typically offered by a money market fund while maintaining a high degree of liquidity and a correspondingly higher risk of principal volatility. The fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in investment grade U.S. dollar-denominated debt instruments. The advisor will primarily use futures contracts for hedging purposes to manage the fund's exposure to interest rate risk.

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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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