Northern Trusts is one of the major asset management companies, providing a variety of investment solutions and strategies to both individuals and institutions. The company manages assets worth over $942 billion (as of December 31, 2016) based on assets raised in the country. It comprises investment professionals with experience of more than 15 years.
Founded in 1889, Northern Trusts at present has 16,500 employees worldwide and is based in about 20 global locations. The company generally focuses on funds that have long-term performance. Moreover, all the Northern funds bear low sales load which makes them strong investment choices for those seeking low cost funds.
Below we share with you four top-rated Northern mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Northern funds and view their Zacks Rank and past performance.
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 6.39%.
NOLVX has an expense ratio of 0.58% compared with a category average of 1.00%.
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 7.01%.
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 4.53%.
As of September 2018, NMIEX held 446 issues, with 1.48% of its assets invested in Canadian Pacific Railway Ltd.
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 and view their Zacks Rank and past performance.
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