- What does GILCX invest in?
- Under normal market conditions, the fund aims to achieve its investment objective by primarily allocating a minimum of 80% of its total assets—calculated as net assets plus any borrowed funds for investment purposes—to equity-related instruments. This broad category includes common stocks, subscription rights, options, warrants, and convertible debt securities. Such investments may originate from U.S. companies, foreign entities with U.S. dollar-denominated securities, or through American Depositary Receipts (ADRs). Furthermore, the fund generally targets companies whose market capitalization, at the time of acquisition, typically falls within the size parameters of those included in the Russell 1000® Value Index.
- What is the expense ratio of GILCX?
- NAA Large Cap Value Fund Institutional Class (GILCX) charges an expense ratio of 0.87%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is GILCX?
- NAA Large Cap Value Fund Institutional Class (GILCX) manages $72.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is GILCX actively managed or an index fund?
- GILCX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (GILCX's is 0.87%) because there's no security selection cost.
- When was GILCX launched?
- NAA Large Cap Value Fund Institutional Class (GILCX) launched in April 2013 and is managed by the fund issuer.
- How has GILCX performed?
- GILCX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
