NOINX Fees and Costs — International Equity Index Fund
Data updated: 2026-08-28
The net expense ratio is 0.10%: a 0.09% management fee plus 0.06% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $584K in broker commissions, 0.0098% of average net assets, and portfolio turnover was 17%.
NOINX Fees and Expenses
Annual operating expenses and sales charges of NOINX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.09% |
| 12b-1 fee | — |
| Other expenses | 0.06% |
| Gross expense ratio | 0.15% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.10% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
NOINX Costs Over Time
On $10,000 invested in NOINX, assuming 5% a year before costs, total costs come to $70 over 5 years, cutting the return by 0.12% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.10%) | $10 | $33 | $58 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $2 | $6 |
| Total costs | $12 | $38 | $70 |
| Value after costs | $10,488 | $11,538 | $12,693 |
| Impact on return, per year | 0.12% | 0.12% | 0.12% |
NOINX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0098%
- Total broker commissions: $584K
- Bought from dealers (principal trades, not a cost): $1.5B
- Portfolio turnover (prospectus): 17%
- Securities on loan, average value: $31.0M
- Net income from securities lending: $89K (0.001% of average net assets)
NOINX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $171K | 33.64% |
| BARCLAYS CAPITAL INC. | $86K | 17.01% |
| BGC FINANCIAL, L.P. | $49K | 9.56% |
| GOLDMAN SACHS & CO. LLC | $35K | 6.85% |
| GOLDMAN SACHS INTERNATIONAL | $30K | 5.98% |
| Citibank, National Association | $30K | 5.82% |
| VIRTU AMERICAS LLC | $29K | 5.72% |
| CITIGROUP GLOBAL MARKETS INC. | $29K | 5.70% |
| UBS AG | $26K | 5.18% |
| J.P. MORGAN SECURITIES PLC | $23K | 4.55% |
NOINX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| The Northern Trust Company | $1.5B | 100.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.