Address And Details

1295 State St , Springfield, MA 01111
Fund Manager Brent Reeder
Manager Tenure 7 Years 5 Months

Strategy And Objective

The Fund seeks to provide investment results approximating (before fees and expenses) the aggregate price and dividend performance of the securities included in the Russell 2000 Index. Under normal circumstances, the Fund invests at least 80% (and, typically, substantially all) of its net assets(plus the amount of any borrowings for investment purposes) in the equity securities of companies included in the Russell 2000 Index (Index), in weightings that approximate the relative composition of the securities contained in the Index, and in Russell 2000 Index futures contracts. The Index is a widely recognized, unmanaged index representative of common stocks of smaller capitalized U.S. companies. The companies in the Index are selected according to their total market capitalization. However, companies are not selected by Frank Russell Company for inclusion in the Index because they are expected to have superior stock price performance relative to the stock market in general or other stocks in particular. As of December 31, 2020, the market capitalization range of companies included in the Index was $13 million to $8.34 billion. If the securities represented in the Index were to become concentrated in any particular industry, the Funds investments would likewise be concentrated in securities of issuers in that industry; the Index is not currently concentrated in any single industry. The Fund is passively managed, which means it tries to replicate the investment composition and performance of the Index by using computer programs and statistical procedures. The Funds subadvisor, Northern Trust Investments, Inc. (NTI), will buy and sell securities in response to changes in the Index. The Fund may use Index futures contracts, a type of derivative, to gain exposure to the Index in lieu of investing in cash, or to reduce its exposure to the Index while it sells the securities in its portfolio. Use of Index futures contracts by the Fund may create investment leverage. Because the Fund, unlike the Index, is subject to fees and transaction expenses, the Funds returns are likely to be less than those of the Index. NTI expects that, under normal circumstances, the annual performance of the Fund, before fees and expenses, will track the performance of the Index within a 0.95 correlation coefficient.

Net Asset Value

as of 5:37 PM ET 09/24/2021

Performance

  • 1 Week
  • +0.56%
  • 1 Month
  • +0.87%
  • 3 Months
  • -3.56%
  • 1 Yr Return
  • +48.40%
  • 5 Yr Return
  • +30.73%

Equity Sector Breakdown

Finance 19.79%
Technology 14.84%
Health 14.27%
IndustrialCyclical 12.13%
Services 7.22%
RetailTrade 7.21%
NonDurables 6.21%
ConsumerDurables 3.09%
Utilities 2.88%
Energy 2.82%

Asset Allocation

Asset Type % Of Allocation
Stocks 99.63%
Other 1.95%
ForeignStocks 1.03%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 66.39 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -9.54 -6.27 n/a
Beta 1.26 1.23 n/a
R Squared 0.83 0.77 n/a
Std Deviation 25.71 21.05 n/a
Sharpe Ratio 0.49 0.71 n/a

Purchase Information

as of 5:35 PM ET 09/23/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +46.17%
  • +61.02%
+46.17% +61.02%
3 Year
  • +10.07%
  • +12.84%
+10.07% +12.84%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +10.20%
  • +10.69%
+10.20% +10.69%

Top 10 Holdings

Symbol Company Name % Of Assets
GSM FERROGLOBE REPRESENTATION 0.00%
DRII DIAMOND RESORTS INTERNATIONA 0.00%
AMC AMC ENTERTAINMENT HOLDINGS I 0.76%
NTLA INTELLIA THERAPEUTICS INC 0.34%
ARWR ARROWHEAD PHARMACEUTICALS IN 0.28%
OVV OVINTIV INC 0.27%
LSCC LATTICE SEMICONDUCTOR CORP 0.25%
IIVI II VI INC 0.25%
CROX CROCS INC 0.25%
SGMS SCIENTIFIC GAMES CORP 0.24%

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