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3 Northern Mutual Funds for Stellar Gains

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Founded in 1889, Northern Trusts manages assets worth over $1.1 trillion (as of Dec 31, 2018) based on assets raised in the country. The company generally focuses on funds that have long-term performance. Moreover, all the Northern funds bear no sales load, making them strong investment choices for those seeking low-cost funds.

Northern Trusts is one of the major asset management companies, providing a variety of investment solutions and strategies to both individuals and institutions. It comprises investment professionals with experience of more than 15 years. At present, the company has more than 20 branches globally and around 18,800 employees all over the world.

Below we focus on three top-ranked Northern mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform peers. Investors can click here to see the complete list of Northern funds.

Northern International Equity (NOIGX - Free Report) seeks growth of capital for the long run. NOIGX invests the majority of its assets in equity securities of companies based in mature and emerging markets. The fund focuses on investing primarily in those companies that have market cap of more than $1 billion. Northern International Equity has returned 6.8% over the past three years.

NOIGX has an expense ratio of 0.51% as compared with the category average of 1.11%.

Northern Global Sustainability Index (NSRIX - Free Report) invests almost all its assets in equity securities of companies included on the MSCI World ESG Index. The MSCI World ESG Index generally includes large-and mid-cap companies from developed markets like the United States, Canada, Europe, Asia-Pacific and the Middle East. Northern Global Sustainability Index has three-year annualized returns of 10.4%.

Thomas E. O'Brien is one of the fund managers of NSRIX since 2008.

Northern Large Cap Value (NOLVX - Free Report) invests a large chunk of its assets in securities of those large-cap companies, whose market-cap is similar to those present on the Russell 1000 Value Index. The fund seeks capital growth for the long run. Northern Large Cap Value has three-year annualized returns of 10.2%.

As of March 2019, NOLVX held 140 issues, with 3.28% of its assets invested in Chevron Corp

To view the Zacks Rank and past performance of all Northern mutual funds, investors can click here to see the complete list of Northern funds.

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