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- Total Fund Assets ($)Total assets managed by the fund, inclusive of all share classes.
- NAV ($)Net asset value (NAV) represents a fund's per share market value.
- 1 Day NAV Change ($)Change in net asset value (NAV) from the previous trading day.
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- Inception DateInception date of the fund's oldest share class.
Overview
How It Works
Invest at least 80% of net assets in equity securities of markets represented by the MSCI Emerging Markets Index and MSCI Frontier Markets Index. Select and blend complementary investment strategies from a broad universe of investment managers into a single fund to provide attractive risk/return characteristics. Manager selection and allocations are determined using multi-factor screening and optimization, augmented by deep qualitative and fundamental due diligence. The Fund aims to deliver robust alpha and broad diversification, while maintaining factor-neutral biases (such as size, value and momentum) across the international equity market.
This Fund may be suitable for long-term investors looking for diversification and the growth potential of emerging and frontier market equities, and who have an above-average tolerance for risk.
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Please carefully read the prospectus and summary prospectus and consider the investment objectives, risks, charges and expenses of Northern Funds carefully before investing. Call 800-595-9111 to obtain a prospectus and summary prospectus, which contains this and other information about the funds.
Investing involves risk. Principal loss is possible.
Not FDIC insured | May lose value | No bank guarantee
The Morningstar RatingTM for funds, or "star rating," is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Past performance is no guarantee of future results.
©2025 Morningstar, Inc. All Rights Reserved. Morningstar and/or its content providers are the proprietors of this information; do not permit its unauthorized copying or distribution; do not warrant it to be accurate, complete or timely; and are not responsible for damages or losses arising from its use.
©2025 Northern Funds | Northern Funds are distributed by Northern Funds Distributors, LLC, not affiliated with Northern Trust.