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Look at These 3 Northern Mutual Funds

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Founded in 1889, Northern Trusts manages assets worth over $956 billion (as of Mar 31, 2019) 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 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 8.8%.

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

Northern Short-Intermediate U.S. Government Fund (NSIUX - Free Report) aims to gain maximum total return with minimal reasonable risk. The fund invests the majority of its assets in securities issued or guaranteed by the U.S. government or by its agencies, instrumentalities or sponsored enterprises and repurchase agreements relating to such securities. Northern Short-Intermediate U.S. Government Fund has returned 0.9% inthe past three years.

NSIUX has an expense ratio of 0.42% compared with the category average of 0.72%.

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 7.5%.

As of March 2019, NOLVX held 140 issues, with 3.26% 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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