Equity Index Fund (MAEQX)

ObjectivePerformanceCharacteristicsSector AllocationTopTenManager Biography
Equity Index Fund Objective

Investment Objective

The Fund seeks investment results that correspond to the investment performance of the S&P 500® Index.

Principal Investment Strategies

The Fund invests primarily in the 500 common stocks included in the S&P 500® Index to replicate, to the extent practicable, the weightings of such stocks in the Index. The components of the Index are market capitalization weighted, adjusted for free float, which is the value of shares readily available in the market as held by public investors. Under normal circumstances, at least 80% of the Fund's total assets are invested in securities included in the S&P 500® Index, which at December 31, 2019, included companies with market capitalizations from $2.9 billion up to $1.3 trillion. The Fund is rebalanced at approximately the same time that the S&P 500® Index to which the Fund is benchmarked is rebalanced and reconstituted, which currently occurs on the third Friday of the last month of each quarter. The fund will concentrate its investments in an industry or group of industries to the extent that the index being tracked is also so concentrated.

Before investing in Mutual of America Institutional Funds, Inc., you should consider the investment objectives, risks, charges and expenses carefully. This and other information is contained in the prospectus. Please read the prospectus carefully before investing. The prospectus can be obtained by calling 1-800-914-8716. Please note that an investment in the Institutional Funds is subject to investment risk and that your principal may increase or decrease.

Distributor, Mutual of America Securities LLC, member FINRA and SIPC.