S&P 500 Index Fund DC-Non-Lending - Investment objective - performance overview

Oct 12, 2026

Uploaded by Liam

Northern Trust Asset Management equity fund factsheet for the Collective Tier 4 as of 3Q24 details the investment objective of approximating the risk and return characteristics of the S&P 500 Index. The approach replicates index constituents by proportional weight and may use limited futures or options while not participating in securities lending. Performance is presented as of 9/30/24 with net fund returns versus the S&P 500 benchmark, followed by risk and fee expense disclosures, fund overview metrics, calendar-year returns, and top holdings and sector allocations.

LanguageEnglish

CategoryGeneral

FormatPDF

Pages2

Reading Time1 min

AccessFree to download

Investment Objective

Investment Approach

Investment Performance (as of 9/30/24)

Performance Disclosures

Fund Overview

Fees and Expenses

Fund Characteristics

Calendar Year Returns

Top Holdings

Sector Allocation

Important Information

NORTHERN TRUST ASSET MANAGEMENT EQUITY S&P 500 INDEX FUND DC-NON-LENDING Investment Objective COLLECTIVE -TIER 4 AS OF 3Q24 The primary objective of the Northern Trust Collective S&P 500 Index Fund-DC-Non-Lending is to approximate the risk and return characteristics ofthe S&P 500 Index. This Index is commonly used to represent the large cap segment of the U.S. equity market. Investment Approach To achieve its objective, the Fund employs a replication technique which generally seeks to hold each index constituent in its proportional index weight. The Fund may make limited use of futures and/or options for the purpose of maintaining equity exposure. This Fund may not participate in securities lending. INVESTMENT PERFORMANCE % —AS OF 9/30/24 S&P 500 Index Fund DC-Non-Lending S&P 500¹ Fund (Net) Benchmark¹ Average Annualized Returns | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | | --- | --- | --- | --- | --- | --- | --- | | 5.88 | 22.07 | 36.32 | 11.90 | 15.97 | — | 14.45 | | 5.89 | 22.08 | 36.35 | 11.91 | 15.98 | — | 14.46 | PERFORMANCE DISCLOSURES Past performance is not a guarantee of future results. Returns for periods greater than one year are annualized. For Tiers that have less than 10 years of performance history, some returns may be modeled. For modeled returns, performance prior to the above Inception Date is based on the historical returns of the Hub fund, adjusted to reflect the fees and expenses of this tier. As further described in the Fund Declaration, this fund holds units of the Hub fund. Performance returns and the principal value of an investment will fluctuate. Performance returns contained herein are subject to revision by Northern Trust Investments, Inc. (NTI) . Comparative indices shown are provided as an indication of the performance of a particular segment of the capital markets and/or alternative strategies in general. Index performance returns do not reflect any management fees, transaction costs or expenses. It is not possible to invest directly in any index. Net performance returns are reduced by investment management fees and other expenses relating to the management of the account. Gross performance returns contained herein include reinvestment of dividends and other earnings, transaction costs, and all fees and expenses other than investment management fees, unless indicated otherwise. For additional information on fees, please refer to Part 2a of the Form ADV or consult an NTI representative. All securities investing and trading activities risk the loss of capital. There can be no assurance that any portfolio investment objectives will be achieved. Risk controls and models do not promise any level of performance or guarantee against loss of principal. No investment strategy or risk management technique can guarantee returns or eliminate risk in any market environment. Any discussion of risk management is intended to describe NTI’s efforts to monitor and manage risk but does not imply low risk. | NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE | | --- | --- | --- | FUND OVERVIEW Fund Benchmark/Index S&P 500¹ | Inception Date | | 8/1/17 | | | --- | --- | --- | --- | | Total Net Assets | | $65.37 Billion | | | FEESAND | | | | | EXPENSES
Administrative Fee Cap (%) | | Fund | | | | | 0.0040 | | | Investment Management Fee (%) | | 0.0075 | | | Total Fees and Expenses (%) | | 0.0115 | | | Per $1000 Investment ($) 0.1150
As set forth in the Fund Declaration for each Fund, NTI has established an Administrative Fee Cap pursuant to which the sum of (i) the fees charged by the Fund's external auditor and (ii) the Custody and Fund Administration Fee paid by the Fund will not exceed a specified percentage of the Fund's assets. NTI may at any time modify or discontinue the above-described Fees and Expenses. | | | | | FUND
CHARACTERISTICS | Fund | | Benchmark¹ | | Number of Equity Securities | 504 | | 504 |

FAQs

What is the investment objective of the Northern Trust S&P 500 Index Fund DC-Non-Lending?

It aims to approximate the risk and return characteristics of the S&P 500 Index, commonly used to represent the large-cap segment of the U.S. equity market.

How does the fund aim to track the S&P 500 Index?

It generally uses replication by holding each index constituent in proportion to its index weight, with limited use of futures and/or options to maintain equity exposure. The fund does not participate in securities lending.

What key fee and performance disclosures are provided?

Past performance is not a guarantee of future results, returns may be modeled for tiers with less than 10 years of history, and fund/unit performance fluctuates. Net performance returns are reduced by investment management fees and other expenses, and index returns shown do not reflect management fees, transaction costs, or expenses.

Oct 12, 2026

Uploaded by Liam