Northern Institutional Equity Index A
Northern Institutional Funds 50 South LaSalle Street Chicago, IL 60607
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Phone: 800-637-1380
| Category: | Large Blend | | Fund Family: | Northern Funds | | Net Assets: | 713.46M | | Year-to-Date Return: | -3.93% | | Yield: | 1.76% | | Morningstar Rating: |  | | Fund Inception Date: | 11-Jan-93 |
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Chad M. Rakvin
Lead Manager since
30-Sep-05 | | | Rakvin is a senior vice president at NTI. He joined NTI in 2004 and has been a member of the quantitative management group for domestic index products. Prior to that, he was an independent consultant to institutional money managers and financial services companies as well as an author of proprietary research and white papers. From 1999 to 2004, he was with Barclays Global Investors as head of index research and an equity portfolio manager. Rakvin holds the Charted Financial Analyst designation. |
| Min Initial Investment: | $5,000,000 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks to provide investment results approximating the aggregate price and dividend performance of the securities included in the Standard & Poor's 500 Composite Stock Price index. The fund normally invests substantially at least 80% of net assets in the equity securities of the companies that make up the S&P 500 index, in weightings that approximate the relative composition of the securities contained in the S&P 500 index, and in S&P 500 index futures approved by the CFTC. |
| Last Dividend
(23-May-08):
| 0.06 | | Last Cap Gain
(20-Dec-07):
| 1.52 | | Annual Holdings Turnover
| 44.00% | | Average for Category:
| 69.24% |
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| Expense | BEIAX | Category
Avg | | Total Expense Ratio: | 0.21%
| 1.10% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 5.18% | | Max Deferred Sales Load: | 0.00%
| 2.64% | | 3 Yr Expense Projection*: |
$80 | $574 | | 5 Yr Expense Projection*: |
$141 | $874 | | 10 Yr Expense Projection*: |
$318 | $1,731 |
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