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UNASX Waddell & Reed Asset Strategy A

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Fund UNASX Waddell & Reed Asset Strategy A FDYSX Fidelity® Global Strategies  
Similarity
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100% 85%
Annual Fees
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$120.90
(1.16% Exp. Ratio)
$115.69
(1.11% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.22% annual return
$24,373.99 $24,746.62
Est. savings over 30 yrs +$372.63
Return
As of 10/31/16
1 YR RETURN -6.62%
3 YR -3.64%
5 YR 3.24%
10 YR 5.86%
1 YR RETURN 3.53%
3 YR 3.06%
5 YR 5.10%
10 YR --
Description
The investment seeks to provide total return. The fund seeks to achieve its objective by allocating its assets primarily among stocks, bonds and short-term instruments of issuers in markets around the globe, as well as in derivative instruments, precious metals and investments with exposure to various foreign currencies. It may invest its assets in any market that Waddell & Reed Investment Management Company (WRIMCO), the fund's investment manager, believes can offer a high probability of return or, alternatively, can provide a high degree of relative safety in uncertain times.
The investment seeks to maximize total return. The fund invests in securities issued throughout the world. It allocates the fund's assets between stocks and bonds by investing in Fidelity® Funds and non-affiliated exchange traded funds (ETFs), or through direct investments. The fund invests up to 25% of assets in commodity-related ETFs and exchange-traded notes (ETNs) and other commodities and commodity-linked investments through a wholly-owned subsidiary. It allocates investments across different countries and regions. The fund adjusts allocation among asset classes to take advantage of short-term market opportunities and strategic, longer-term opportunities.

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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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