Columbia Large Cap Index offers well-diversified exposure to large-cap stocks by tracking the market-cap-weighted S&P 500, which has proved tough to beat. Under our new ratings framework, which places a greater focus on fees and benchmark-relative performance, the Morningstar Analyst Rating for the fund’s institutional share class is upgraded to Silver from Bronze. Cheaper share classes are rated Silver, while the more expensive are rated Bronze.
Will NEIAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NEIAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the NEIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of NEIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.