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HDAIX Hancock Horizon Dynamic Asset Allc Instl

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Fund HDAIX Hancock Horizon Dynamic Asset Allc Instl FMQSX Franklin Mutual Quest R  
Similarity
?
100% 86%
Annual Fees
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$163.67
(1.57% Exp. Ratio)
$137.60
(1.32% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.25% annual return
$21,658.03 $23,370.54
Est. savings over 30 yrs +$1,712.50
Return
As of 11/30/16
1 YR RETURN 6.91%
3 YR --
5 YR --
10 YR --
1 YR RETURN 9.75%
3 YR 3.48%
5 YR 9.10%
10 YR 4.88%
Description
The investment seeks long-term capital appreciation. The fund is designed to provide diversification among various asset classes by investing its assets in a combination of exchange-traded funds ("ETFs)." The Adviser buys and sells certain broad-based ETFs ("Underlying ETFs") for the fund based on its analysis of trends in equity, fixed income and alternative asset classes. The Underlying ETFs may attempt to track the price movements of fixed income securities of any credit quality, including those that are rated below investment grade ("high yield" or "junk" bonds).
The investment seeks capital appreciation; income is a secondary consideration. The fund invests primarily in equity securities (including securities convertible into, or that the investment manager expects to be exchanged for, common or preferred stock) of U.S. and foreign companies that the investment manager believes are available at market prices less than their value based on certain recognized or objective criteria (intrinsic value). The advisor expects to invest substantially and potentially up to 100% of its assets in foreign 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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