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3 Best Northern Mutual Funds for Alluring Return

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Founded in 1889, Northern Trusts manages assets worth over $1.2 trillion (as of Sep 30, 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 16,500 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 Small Cap Core Fund (NSGRX - Free Report) seeks appreciation of capital over the long haul. NSGRX invests more than 80% of its assets in common stocks of small-cap companies. Basically, small-cap companies with market-cap in the range of the Russell 2000 Index. Northern Small Cap Core Fund has three-year annualized returns of 9.4%.

Robert Bergson has been the fund manager of NSGRX since 2010.

Northern Active M International Equity (NMIEX - Free Report) seeks to offer appreciation of capital for the long run. NMIEX invests a huge part of its assets in equity securities of companies based outside the United States. The fund uses a multi-manager investment strategy. NMIEX invests around 40% of its assets in companies based in emerging markets. Northern Active M International Equity has three-year annualized returns of 4.5%.

As of September 2018, NMIEX held 446 issues, with 1.48% of its assets invested in Canadian Pacific Railway Ltd.

Northern Global Sustainability Index (NSRIX - Free Report) invests almost all its assets in equity securities of companies included in 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 returned 8.5% over the past three years.

NSRIX has an expense ratio of 0.30% compared with the category average of 1.11%.

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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