Nationwide S&P 500 Index Instl Svc

Frequently Asked Questions About GRISX

What does GRISX invest in?

The Fund seeks to provide investment results that correspond to the price and yield performance of publicly traded common stocks as represented by the Standard & Poor's 500 Composite Price Index. The Fund invests at least 80% of its net assets in equity securities of companies included in the S&P 500 Index.

What is the expense ratio of GRISX?

Nationwide S&P 500 Index Instl Svc (GRISX) charges an expense ratio of 0.43%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GRISX?

Nationwide S&P 500 Index Instl Svc (GRISX) is one share class of a fund that manages $1.86B across all of its share classes (GRMAX, GRMIX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is GRISX actively managed or an index fund?

GRISX 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 (GRISX's is 0.43%) because there's no security selection cost.

When was GRISX launched?

Nationwide S&P 500 Index Instl Svc (GRISX) launched in October 1998 and is managed by the fund issuer.

How has GRISX performed?

GRISX'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.