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WARRX Wells Fargo Absolute Return R6

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Fund WARRX Wells Fargo Absolute Return R6
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Similarity
?
100%
Annual Fees
?
$114.65
(1.10% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.22% annual return
$24,821.80
Est. savings over 30 yrs
Return
As of 10/31/16
1 YR RETURN 1.87%
3 YR 0.31%
5 YR 4.09%
10 YR 5.09%
Description
The investment seeks a positive total return. The fund is a diversified investment that invests substantially all of its investable assets in GMO Benchmark-Free Allocation Fund, an investment company managed by Grantham, Mayo, Van Otterloo & Co. LLC ("GMO"). GMO seeks to achieve Benchmark-Free Allocation Fund's investment objective by investing in asset classes GMO believes offer the most attractive return and risk opportunities. The asset classes include: U.S. and non-U.S. equity, including emerging country equity; U.S. and non-U.S. fixed income, including emerging country debt; and alternative asset classes, including commodities.

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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.

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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

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