Mutual of America Institutional Funds Inc Equity Index Fund (MAEQX)

12.15
Net Asset Value
+0.74%
1 Day
+2.90%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
No Load
Sales Expenses
1.36%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks investment results that correspond to the investment performance of the S&P 500- Index. The fund invests primarily in the 500 common stocks included in the S&P 500- Index to replicate- to the extent practicable- the weightings of such stocks in the index. It also purchases futures contracts on the S&P 500- Index to invest available cash to attempt to efficiently and cost effectively keep the fund fully invested on a daily basis in an attempt to minimize deviation from the performance of the S&P 500- Index. Under normal circumstances- at least 80% of the fund's total assets are invested in securities included in the S&P 500- Index.

Performance

1 month+0.35% 3 years+10.59%
3 months-0.26% 5 years+12.39%
1 year+16.75% Since inception+5.45%
Data through --

Peer Comparisonvs. Large blend

 MAEQXCategory
Performance 5-yr return+12.39%+11.72%
Expense ratio1.36%0.96%
Risk 5 year sharpe ratio1.241.08
Net assets$45.7M$5.5B
Average market cap$96.4B$129.3B
Average P/E22.921.0
Portfolio turnover8%8%

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Fund Management and Purchase Info

Fund familyMutual of America
Fund manager & tenureJamie Zendel / 4 Years
Minimal initial investment$25,000.00
Minimum IRA investment--

Holdings

U.S. stock94.28%
Cash4.90%
International stock0.81%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 16.25%
Energy 12.09%
Industrial materials 11.78%
Consumer goods 11.02%
Healthcare 10.78%
Top 10 Holdings
Portfolio weighting
AAPL Apple3.54%
MSFT Microsoft2.69%
IVV iShares Core S&P 500 ETF1.97%
AMZN Amazon1.91%
FB Facebook1.72%
BRKB Berkshire Hathaway1.56%
JNJ Johnson & Johnson1.54%
JPM JPMorgan Chase1.51%
XOM Exxon Mobil1.45%
GOOG Google1.28%