AFL-CIO Equity Index Fund

Sponsored by the AFL-CIO, the AFL-CIO Equity Index Fund is a collective investment fund available to qualified pension plans.

The objective of the Fund is to provide investment returns similar to those of the S&P 500 Composite index, which contains the shares of 500 of the largest companies traded. Stocks in the Fund's portfolio are not actively traded, resulting in low fees and expenses.

Features of the Fund include:

  • Low annual investment management fee (1.5 basis points)
  • Low expenses
  • Diversification
  • Proxy voting and shareholder activism that promote good corporate governance, in line with the AFL-CIO Proxy Voting Guidelines
  • Minimum initial investment of only $1 million

The Fund is sponsored by the AFL-CIO.

As of September 20, 2017
Number of Participating Plans 148  
Total Assets $8,264,878,364  
Unit Price $21.5837  
Investment Returns* for periods ending August 31, 2017
Total Return AFL-CIO Equity Index Fund S&P 500 Index
July 2.05% 2.06%
August 0.30% 0.31%
3 Months 3.00% 3.01%
YTD 11.91% 11.93%
1 Year 16.19% 16.23%
2 Years 14.34% 14.38%
3 Years 9.51% 9.54%
4 Years 13.23% 13.27%
5 Years 14.29% 14.34%
6 Years 14.88% 14.94%
Since Inception (annualized) 12.31% 12.37%
     
2016 11.91% 11.96%
2015 1.37% 1.38%
2014 13.62% 13.69%
2013 32.28% 32.38%
2012 15.93% 16.00%
*After the deduction of management and custody fees.
Past performance is not necessarily indicative of future results.

The AFL-CIO Equity Index Fund is not a mutual fund. It is a collective investment fund established by Chevy Chase Trust Company under Maryland banking law, and its units are exempt from registration under the Securities Act of 1933. Investments in the Fund are not deposits, obligations of, or insured by Chevy Chase Trust Company, ASB Capital Management LLC, the United States government, any United States government agencies, or any other institution.

The decision to participate in the AFL-CIO Equity Index Fund must be made by the trustees of each individual plan after reviewing all available information. The AFL-CIO is not an investment advisor or investmenter manager, and does not have any intention of, and shall not be deemed to be, advising any plan, its trustees, its participants, or its beneficiaries regarding the making of an investment in the Index Fund. Moreover, the AFL-CIO makes no representation or warranty, express or implied, as to the results to be obtained by the Index Fund or by any investor in the Index Fund.

The S&P 500 is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and Standard & Poor’s Financial Services LLC, an affiliate of S&P, and has been licensed for use by Chevy Chase Trust Company and ASB Investment Management, a division of ASB Capital Management, LLC. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Chevy Chase Trust Company and ASB Investment Management, a division of ASB Capital Management, LLC. S&P® or S&P 500® are trademarks of the Standard & Poor’s Financial Services LLC, an affiliate of S&P, and have been licensed for use by SPDJI and Chevy Chase Trust Company and ASB Investment Management, a division of ASB Capital Management, LLC. The AFL-CIO Equity Index Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, or Standard & Poor’s Financial Services LLC, an affiliate of S&P, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500.