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Lipper Rankings


Lipper Rankings for Select Portfolios as of 05/31/16

Lipper Ranking 1-Year (based on total return)
Northern Institutional Treasury4/148
Institutional U.S. Treasury Money Market Funds
Northern Institutional U.S. Government Select42/188
Institutional U.S. Government Money Market Funds
Northern Institutional Municipal23/95
Institutional Tax-Exempt Money Market Funds
Northern Institutional Prime Obligations51/212
Institutional Money Market Funds
Not FDIC insured | May lose value | No bank guarantee
An investment in the Money Market Funds is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Although the Funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Funds.

Please carefully read the prospectus and summary prospectus and consider the investment objectives, risks, charges and expenses of Northern Institutional Funds before investing. Call 800-637-1380 to obtain a prospectus and summary prospectus, which contains this and other information about the funds.

©2016 Northern Institutional Funds | Northern Institutional Funds are distributed by Northern Funds Distributors, LLC, not affiliated with Northern Trust.

Source: Lipper Analytical Services

Past performance is no guarantee of future results. Northern Institutional Funds' rankings for the money market funds are for Shares Class only; other classes may vary. Rankings reflect fee waivers in effect; in their absence, rankings may have been lower. Rankings are subject to change monthly. Lipper rankings do not take sales charges into consideration.

Funds are classified by investment objectives defined by Lipper Analytical Services and ranked by total return. 3-, 5- and 10-year rankings (if applicable) as of 5/31/16: Treasury Portfolio, 4 out of 140 and 5 out of 139; U.S. Government Select Portfolio, 30 out of 173, 36 out of 167 and 68 out of 123; Municipal Portfolio, 37 out of 94, 32 out of 93 and 18 out of 80 and Prime Obligations Portfolio, 48 out of 207, 58 out of 204 and 75 out of 168.