- What does GNNDX invest in?
- This fund engages in both buying and selling short equities and related investment vehicles. A portion of its capital is dedicated to mirroring the performance of the S&P 500® Index. Concurrently, it maintains a dynamic long/short portfolio, primarily focusing on the 500 to 700 largest U.S. companies by market value. This is not a passively managed index fund; instead, it implements an "index plus" strategy, aiming for enhanced returns beyond simple market tracking.
- What is the expense ratio of GNNDX?
- Gotham Index Plus Investor (GNNDX) charges an expense ratio of 1.41%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is GNNDX?
- Gotham Index Plus Investor (GNNDX) manages $1.23B 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 GNNDX actively managed or an index fund?
- GNNDX 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 (GNNDX's is 1.41%) because there's no security selection cost.
- When was GNNDX launched?
- Gotham Index Plus Investor (GNNDX) launched in January 2018 and is managed by the fund issuer.
- How has GNNDX performed?
- GNNDX'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.
