The Chevy Chase Trust Company IBEW-NECA Equity Index Fund (IBEWNX) is a mutual fund that seeks to track the performance of the IBEW-NECA Equity Index. This index is composed of stocks from companies that are affiliated with the International Brotherhood of Electrical Workers (IBEW) and the National Electrical Contractors Association (NECA). The fund aims to provide investors with a diversified portfolio of equity securities from these industries, allowing them to potentially benefit from the growth and stability of the electrical industry. With a focus on index tracking, this fund offers a passive investment approach with low fees and a long-term investment horizon.
