Meeder Quantex Fund Adviser Class

Frequently Asked Questions About QNTAX

What does QNTAX invest in?

The fund's primary objective is to achieve substantial capital appreciation for investors over the long term. Typically, a minimum of 60% of its net assets are strategically allocated to common stocks, rights, and warrants issued by mid-capitalization companies. These mid-cap firms are identified as having market values comparable to those included in the S&P Midcap 400 Index, which serves as a widely recognized benchmark for the performance of U.S. mid-sized companies. Additionally, the fund maintains the flexibility to invest in various other instruments, including index funds, index-based products, open-end investment companies (mutual funds), and exchange-traded funds (ETFs).

What is the expense ratio of QNTAX?

Meeder Quantex Fund Adviser Class (QNTAX) charges an expense ratio of 1.55%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QNTAX?

Meeder Quantex Fund Adviser Class (QNTAX) manages $44.8M 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 QNTAX actively managed or an index fund?

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

When was QNTAX launched?

Meeder Quantex Fund Adviser Class (QNTAX) launched in November 2016 and is managed by the fund issuer.

How has QNTAX performed?

QNTAX'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.