- What does NINDX invest in?
- Under normal conditions, the fund is mandated to invest a minimum of 80% of its net assets, which includes any borrowed funds used for investment, in the common stocks that make up the S&P 500 Index. To achieve performance mirroring that of the index, the Investment Manager strives to distribute the fund's assets among these common stocks with approximately the same weightings as they hold within the S&P 500. Additionally, the fund reserves the right to employ derivatives, such as various types of futures (including equity index futures), primarily for managing cash to maintain full market exposure.
- What is the expense ratio of NINDX?
- Columbia Large Cap Index Fund (NINDX) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is NINDX?
- Columbia Large Cap Index Fund (NINDX) manages $3.06B 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 NINDX actively managed or an index fund?
- NINDX 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 (NINDX's is 0.20%) because there's no security selection cost.
- When was NINDX launched?
- Columbia Large Cap Index Fund (NINDX) launched in December 1993 and is managed by the fund issuer.
- How has NINDX performed?
- NINDX'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.