Equity
Northern Engage360™
Ticker:
NAV AS OF 02/27/20
NENGX
$10.27-$0.36
Summary
The Fund seeks to provide long-term capital appreciation through a diversified portfolio of global equity securities.
Fund Objective
The investment objective of the fund is to achieve long-term capital appreciation through a diversified portfolio of global equities.
Fund Strategy
The Fund utilizes a multi-manager approach to allocate to sub-advisers based on their investment expertise and a demonstrated commitment to advancing and promoting diversity. The Fund will invest at least 80% of its net assets in equity securities of companies listed on a domestic or foreign exchange. Under normal circumstances, the Fund will invest at least 40%, and may invest up to 100%, of its net assets in equity securities of companies economically tied to a non-U.S. country, including emerging and frontier market countries.
Redemption Fee
2% on shares sold or exchanged within 30 days of purchase.
Risk/Reward Potential
Sub-Adviser Allocations
Sub-Advisers and Allocations subject to change at any time.
| SUB-ADVISER | TARGET ALLOCATION* | ROLE IN PORTFOLIO |
|---|---|---|
| Ariel Investments, LLC | 22.0% | An international strategy seeking high quality companies with strong growth prospects that are undervalued and out of favor across both developed and emerging markets. |
| Strategic Global Advisers, LLC | 22.0% | A diversified all country world ex U.S. strategy that seeks to generate long term value by integrating proprietary quantitative models with a traditional fundamental research overlay. |
| Aristotle Capital Management, LLC | 21.0% | A U.S. large cap, relative value approach that is benchmark agnostic with a high quality bias. They analyze companies with a global perspective and may have ADR exposure up to 20%. |
| Mar Vista Investment Partners, LLC | 15.0% | A U.S. large cap strategy that seeks to invest in companies that possess sustainable competitive advantages and attractive returns on capital. The portfolio is expected to have a lower volatility, low beta profile. |
| Segall Bryant & Hamill, LLC** | 7.5% | A U.S. small/mid cap value approach that focuses on dividend paying stocks in an effort to create superior long term risk adjusted returns. |
| EARNEST Partners, LLC | 7.5% | Diversified U.S. mid cap core strategy focusing on companies with improving profitability and lower earnings variability that trade at reasonable valuations. |
| ARK Investment Management LLC | 5.0% | Concentrated, global equity growth strategy focused on disruptive innovation, with significant exposures to information technology and health care sectors. It is benchmark agnostic with a higher risk profile. |
**Denver Investment Advisors, LLC, a sub-adviser to the Northern Engage360TM Fund, was acquired by Segall Bryant & Hamill, LLC on April 30, 2018. Upon the acquisition, Denver changed its name to Segall Bryant & Hamill, LLC.
Important risk information can be found on the Portfolio tab.
Not FDIC insured | May lose value | No bank guarantee
View investment terms definitions
Please carefully read the prospectus and summary prospectus and consider the investment objectives, risks, charges and expenses of Northern Funds before investing. Call 800-595-9111 to obtain a prospectus and summary prospectus, which contains this and other information about the funds.
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