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3 Northern Mutual Funds to Grab Now

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Founded in 1889, Northern Trusts manages assets worth more than $1 trillion (as of Dec 31, 2019), based on assets raised in the country. The company generally focuses on funds that have a long-term performance goal. 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 with around 18,800 employees.

Below we focus on three top-ranked Northern mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) or #2 (Buy) and is expected to outperform peers. Investors can click here to see the complete list of Northern funds.

Northern Large Cap Value Fund (NOLVX - Free Report) invests a large chunk of assets in securities of those large-cap companies, which have market cap similar to the ones present on the Russell 1000 Value Index. The fund seeks capital growth for the long run. NOLVX has returned5.3% over the past 10 years.

As of December 2019, NOLVX held 154 issues, with 3.13% of its assets invested in AT&T Inc.

Northern Short-Intermediate U.S. Government Fund (NSIUX - Free Report) aims to gain maximum total return with minimal reasonable risk. The fund invests majority of assets in securities issued or guaranteed by the U.S. government or by its agencies. It buys and sells securities by using models that analyze and compare expected returns and assumed risks. NSIUX has returned 1.8% in the past 10years.

NSIUX has an expense ratio of 0.42% compared with the category average of 0.73%.

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 those with market cap in the range of the Russell 2000 Index. NSGRX has 10-year annualized returns of 7.3%.

Robert H. Bergson is the fund manager of NSGRX since 2010.

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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