Columbia Large Cap Index Fund

Frequently Asked Questions About NEIAX

What does NEIAX invest in?

This fund typically allocates a substantial majority—at least 80%—of its total net assets (including any funds obtained through borrowing for investment purposes) to common shares of companies found within the S&P 500 Index. Its primary goal is to mirror the performance of this benchmark, which the Investment Manager attempts to achieve by distributing the fund's holdings among these equities in approximately the same proportions as the index itself. The fund also has the option to employ derivative instruments, such as futures (including those tied to equity indices), mainly for the purpose of managing its cash positions effectively.

What is the expense ratio of NEIAX?

Columbia Large Cap Index Fund (NEIAX) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations.

How big is NEIAX?

Columbia Large Cap Index Fund (NEIAX) manages $3.10B 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 NEIAX actively managed or an index fund?

NEIAX 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 (NEIAX's is 0.45%) because there's no security selection cost.

When was NEIAX launched?

Columbia Large Cap Index Fund (NEIAX) launched in October 1995 and is managed by the fund issuer.

How has NEIAX performed?

NEIAX'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.