Northern Stock Index Fund

Frequently Asked Questions About NOSIX

What does NOSIX invest in?

This fund primarily allocates at least 80% of its net assets to the equity securities comprising the S&P 500® Index. Its holdings are structured to closely mirror the proportional representation of individual stocks within that benchmark. Additionally, the fund may utilize S&P 500 Index futures contracts, provided they receive approval from the Commodity Futures Trading Commission.

What is the expense ratio of NOSIX?

Northern Stock Index Fund (NOSIX) charges an expense ratio of 0.05%. This is the annual fee deducted from fund assets to cover management and operations.

How big is NOSIX?

Northern Stock Index Fund (NOSIX) manages $19.76B 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 NOSIX actively managed or an index fund?

NOSIX 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 (NOSIX's is 0.05%) because there's no security selection cost.

When was NOSIX launched?

Northern Stock Index Fund (NOSIX) launched in October 1996 and is managed by Northern Trust / FlexShares.

How has NOSIX performed?

NOSIX'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.