IBEW-NECA Equity Index Fund (IBEWNX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 168.50 |
| YTD Return | 10.87% |
| 1-Year Return | 22.60% |
| 5-Year Return | 87.35% |
| 52-Week Low | 138.92 |
| 52-Week High | 171.15 |
| Beta (5Y) | 1.00 |
| Holdings | n/a |
| Inception Date | n/a |
About IBEWNX
The Chevy Chase Trust Company IBEW-NECA Equity Index Fund is a mutual fund designed to provide broad equity market exposure by tracking a diversified equity index. Established in late 2019, the fund’s primary objective is to replicate the performance of a specified equity benchmark, offering investors a straightforward avenue to participate in the overall growth of the equity markets. The fund is structured to benefit members of the IBEW-NECA partnership—typically associated with the electrical construction industry—by delivering professional management and diversification through passive index tracking. This fund holds a wide array of stocks, aligning its sector allocation and holdings with the underlying index. It typically includes large-cap equities from various sectors, thereby mitigating company-specific risk and aiming for steady, long-term growth. The Chevy Chase Trust Company, the fund’s manager, leverages its extensive experience in investment management to ensure prudent stewardship and solid operational practices. The fund’s index-based approach and equity focus make it a core holding option for retirement accounts and institutional investment portfolios looking for reliable, broad-based U.S. equity exposure.
Performance
IBEWNX had a total return of 22.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.13%.