Nuveen Equity Market Neutral Fund Class I

Frequently Asked Questions About NIMEX

What does NIMEX invest in?

The fund operates with a market-neutral investment approach, aiming to generate consistent, positive returns regardless of broader market fluctuations. Its success relies predominantly on the skillful selection of individual securities, rather than on the overall direction or performance of the stock market. To execute this strategy, the fund constructs a diversified portfolio of equities by simultaneously holding both long and short positions. A significant majority of the stocks in which the fund invests, for both long and short exposure, are components of the Russell 1000 Index at the point of purchase.

What is the expense ratio of NIMEX?

An expense ratio for Nuveen Equity Market Neutral Fund Class I (NIMEX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is NIMEX?

Nuveen Equity Market Neutral Fund Class I (NIMEX) manages $71.3M 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 NIMEX actively managed or an index fund?

NIMEX 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 because there's no security selection cost.

When was NIMEX launched?

Nuveen Equity Market Neutral Fund Class I (NIMEX) launched in June 2013 and is managed by Nuveen.

How has NIMEX performed?

NIMEX'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.