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Equity Index

Global Sustainability Index

 
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TickerNAV AS OF 05/28/15
NSRIX$12.66 $-0.02 Arrow Down Icon
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Snapshot
For those investors who are socially conscious, the Global Sustainability Index Fund may be the Fund for you. Companies that adhere to widely accepted sustainability principles can help protect the environment and foster more favorable living conditions for future generations. Their practices might include; stewardship of the environment, service to local communities and society at large, commitments to higher labor standards, focus on safe, high-quality products and exemplary and ethical management.
Fund Objective
Seeks to Replicate Index

Fund Strategy
  • Seek to duplicate the investment composition and overall performance of the stocks included in the MSCI World ESG Index.
  • The Index is a diversified, sector neutral global benchmark constructed using environmental, social and governance (ESG) factors.
  • Sector and regional neutrality is designed to help the Index outperform other social responsibility and sustainability indices.
Investor Profile

If you are an investor who wants to invest in a broad, diversified set of large- and mid-cap developed global companies in North America, Europe and Asia-Pacific, that are selected based on sector ranking of environmental, social and government factors, you may find this Fund attractive.

Redemption Fee
2% on shares sold or exchanged within 30 days of purchase
Risk/Reward Potential
”Risk/Reward

Fund Literature

 
CUSIP665130308
YTD Total Return5.76% (as of 05/28/15)
Inception Date03/05/08
Total Net Assets$231,122,659 (as of 04/30/15)

Total Returns

Total Returns for Month Ending 04/30/15
 Annualized
    Month   3-Month     YTD  1-Year  3-Year  5-Year  10-Year Since
Incept.
Global Sustainability Index1.87%6.10%4.60%6.72%13.47%10.11%N/A5.06%
MSCI World ESG Index1.91%5.97%4.25%6.74%13.36%10.10%N/A5.28%
Morningstar Cat. Avg.
World Stock
2.24%6.25%5.12%6.39%12.12%9.80%N/AN/A

Total Returns

Total Returns for Quarter Ending 03/31/15
 Annualized
    Month   3-Month     YTD  1-Year  3-Year  5-Year  10-Year Since
Incept.
Global Sustainability Index-1.13%2.67%2.67%5.82%12.32%9.76%N/A4.85%
MSCI World ESG Index-1.24%2.29%2.29%5.72%12.27%9.78%N/A5.06%
Morningstar Cat. Avg.
World Stock
-1.06%2.82%2.82%4.19%10.89%9.45%N/AN/A
Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than that shown here.

The Advisor has agreed to reimburse certain expenses of the Fund (excluding acquired fund fees and expenses; a portion of the compensation paid to each Trustee who is not an officer, director or employee of Northern Trust Corporation or its subsidiaries; expenses related to third-party consultants engaged by the Board of Trustees of the Trust; membership dues paid to the Investment Company Institute and Mutual Fund Directors Forum; extraordinary expenses; and interest, if any) to the extent the "Total Annual Fund Operating Expenses" exceed 0.30%. The contractual limitation may not be terminated before July 31, 2015 without the approval of the Board of Trustees. In the absence of fee waivers, yield, total return, growth since inception and dividends would have been reduced. Total return is based on net change in NAV assuming reinvestment of distributions.

Annual Expense Ratios

 
 Gross Expense RatioNet Expense Ratio
Global Sustainability Index0.40%0.30%
Includes contractual expense reimbursements that, if not extended, will end on July 31, 2015.

Calendar Year Returns

 
       2014      2013      2012      2011      2010
Global Sustainability Index4.56%27.28%15.15%-5.68%10.43%
MSCI World ESG Index4.87%27.56%14.48%-5.42%10.67%
Morningstar Category Avg. World Stock2.79%25.19%15.84%-7.93%13.74%
Performance quoted represents past performance and does not guarantee future results.
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Portfolio Composition
   
Top 10 HoldingsFund
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Sector WeightingsFundBenchmark
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Top 10 Country WeightingsFundBenchmark
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As of 04/30/15
Risk Characteristics*Global Sustainability IndexMSCI World ESG Index
Beta
Up Market Capture
Down Market Capture
Information Ratio
*Above risk characteristics are based on a 3-year time period
DateHoldings File
As of 04/30/15Insert Icon
As of 03/31/15Insert Icon
As of 02/28/15Insert Icon
As of 01/31/15Insert Icon
As of 12/31/14Insert Icon
As of 11/30/14Insert Icon

Fund Characteristics

Number of Holdings
Portfolio Turnover5.99% (as of 03/31/15)
Dividend Schedule
Dividend Income Last Quarter
Capital Gain Income Last Quarter
Weighted Average Market Cap ($Mil)
BenchmarkMSCI World ESG Index
Morningstar CategoryWorld Stock
Trailing 12-Month Price-to-Earnings Ratio
Fund
Benchmark
Price-to-Book Ratio
Fund
Benchmark
Historical 5-Year Earnings Growth
Fund
Benchmark
Asset Allocation 
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TOTAL%
Equity Risk: Equity securities (stocks) are more volatile and carry more risk than other forms of investments, including investments in high-grade fixed-income securities. The net asset value per share of this Fund will fluctuate as the value of the securities in the portfolio changes.
International Risk: International investing involves increased risk and volatility.
Index Fund Risk: The performance of the Fund is expected to be lower than that of the Index because of Fund fees and expenses. It is important to remember that there are risks associated with index investing, including the potential risk of market decline, as well as the risks associated with investing in specific companies.
MSCI World ESG Index is a free float-adjusted, market capitalization-weighted index comprised of large-and mid-cap developed market companies in Asia Pacific, Europe and the Middle East, Canada and the United States. The Index holds a broad, diversified set of global companies, selected based on regional sector ranking of environmental, social and governance factors. It is not possible to invest directly in an index.
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Thomas E. O'Brien, CFA<sup>&reg;</sup>

Thomas E. O'Brien, CFA®

Portfolio Manager

Northern Global Real Estate Index Fund (NGREX)
Northern Global Sustainability Index Fund (NSRIX)

With Northern Trust Since 2004
Began Career in 1997

Thomas E. O'Brien, Vice President of Northern Trust, is a portfolio manager with the international quantitative equity division. He manages the Northern Global Real Estate Index Fund and Northern Global Sustainability Index Fund.

Prior to joining Northern Trust in 2004, Mr. O'Brien was a principal at State Street Global Advisors in Boston.

Mr. O'Brien received a B.S. in finance from the University of Rhode Island and an MBA from Suffolk University. He is an active CFA® charterholder and a member of the CFA Society Chicago.

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