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GLNKX MFS Global New Discovery R2

4 lower fee alternatives found

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Fund GLNKX MFS Global New Discovery R2 FIEG DB FI Enhanced Global High Yield ETN FIGY Barclays ETN+ FI Enhanced Glb Hi Yld  
Similarity
?
100% 88% 88%
Annual Fees
?
$184.63
(1.75% Exp. Ratio)
$10.55
(0.10% Exp. Ratio)
$67.52
(0.64% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.50% annual return
$29,361.97 $48,391.94 $41,129.74
Est. savings over 30 yrs +$19,029.97 +$11,767.76
Return
As of 10/31/16
1 YR RETURN 2.78%
3 YR 1.76%
5 YR --
10 YR --
1 YR RETURN 5.83%
3 YR 4.36%
5 YR --
10 YR --
1 YR RETURN 5.37%
3 YR 4.33%
5 YR --
10 YR --
Description
The investment seeks capital appreciation. The fund normally invests its assets primarily in U.S. and foreign equity securities, including emerging market equity securities. Equity securities include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. It may invest a large percentage of the fund's assets in issuers in a single country, a small number of countries, or a particular geographic region. MFS uses a bottom-up investment approach to buying and selling investments for the fund.
FI Enhanced Global High Yield Exchange Traded Notes Linked to the MSCI World High Dividend Yield USD Gross Total Return Index due October 12, 2023 (the “securities”).
Barclays ETN+ FI Enhanced Global High Yield Exchange Traded Notes (the “ETNs”) that Barclays Bank PLC may issue from time to time are linked to a leveraged participation in the performance of the MSCI World High Dividend Yield USD Gross Total Return Index (the “Index”). The ETNs seek to approximate the returns that might be available to investors through a leveraged “long” investment in the Index. The Index is designed to track the performance of large and mid cap stocks (excluding REITS) across 24 developed markets countries tracked by the MSCI World Index.

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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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