Northern Mid Cap Index Fund

Frequently Asked Questions About NOMIX

What does NOMIX invest in?

The Northern Mid Cap Index Fund aims to allocate a substantial portion—specifically, a minimum of 80%—of its total net assets to equity securities that comprise the S&P MidCap 400® Index. Its strategy involves replicating the index's performance by holding these stocks in proportions that closely mirror their relative weighting within the benchmark. Additionally, the fund may invest in futures contracts based on the S&P MidCap 400 Index, provided these are authorized by the Commodity Futures Trading Commission (CFTC).

What is the expense ratio of NOMIX?

Northern Mid Cap Index Fund (NOMIX) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

How big is NOMIX?

Northern Mid Cap Index Fund (NOMIX) manages $2.39B 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 NOMIX actively managed or an index fund?

NOMIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was NOMIX launched?

Northern Mid Cap Index Fund (NOMIX) launched in March 2005 and is managed by the fund issuer.

How has NOMIX performed?

NOMIX'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.