- What does GILIX invest in?
- This fund endeavors to deliver overall returns exceeding those of the S&P 500 Index. To achieve this, it customarily invests a minimum of 80% of its capital in three main categories: common stocks of companies with market capitalizations akin to the S&P 500 constituents; financial products offering indirect investment exposure to firms of comparable scale; and equity-based derivative contracts.
- What is the expense ratio of GILIX?
- NAA Large Core Instl (GILIX) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is GILIX?
- NAA Large Core Instl (GILIX) manages $281.3M 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 GILIX actively managed or an index fund?
- GILIX 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 (GILIX's is 1.00%) because there's no security selection cost.
- When was GILIX launched?
- NAA Large Core Instl (GILIX) launched in March 2012 and is managed by the fund issuer.
- How has GILIX performed?
- GILIX'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.
