Performance quoted represents past performance
and does not guarantee future results. Investment return will fluctuate. 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 current yield more closely reflects
the current earnings of the Fund than the total return. Performance would have been
lower in the absence of fee waivers in effect. Select a Fund to view the most recent
month-end performance information.
*Northern Equity and Fixed Income Funds include contractual
expense reimbursements that if not extended, will end on July 31, 2020. Northern Money
Market Funds include contractual expense reimbursements that if not extended, will
end on July 31, 2020, with the exception of the U.S. Government Select Money Market
Fund which includes a contractual expense reimbursement that if not extended will
end January 22, 2021.
**The inception date of Fund’s Class K shares
and Class I shares was July 31, 2020. For periods starting July 31, 2020, the Fund’s
performance returns are shown for Class K shares. The Fund’s performance returns
prior to July 31, 2020 are shown for its predecessor share class (“Shares class”).
The performance of the Fund’s Shares class has not been adjusted to reflect
the expenses applicable to Class K or Class I shares since the classes have different
expense ratios than the expense ratio of the Shares Class. [The expenses applicable
to the Fund’s Class K shares are lower than the expenses applicable to the Shares
class.] Excluding the effect of any fees, expenses, fee waivers or reimbursements,
the performance of Class K shares and Class I shares would have annual returns substantially
similar to those of Shares Class because the classes invest in the same portfolio
of securities. Please refer to the current prospectus for further information.
You could lose money by investing in the Money
Market Funds. Although each of the Money Market Funds seeks to preserve the value
of your investment at $1.00 per share, it cannot guarantee it will do so. The Funds’
sponsor has no legal obligation to provide financial support to the Funds, and you
should not expect that the sponsor will provide financial support to the Funds at
any time.
The Money Market Fund and the Municipal Money Market
Fund may impose a fee upon the sale of your shares or may temporarily suspend your
ability to sell shares if the Fund’s liquidity falls below required minimums
because of market conditions or other factors.
An investment in a Fund is not a deposit of a bank
and is not insured or guaranteed by the Federal Deposit Insurance Corporation ("FDIC"),
any other government agency, or The Northern Trust Company, its affiliates, subsidiaries
or any other bank.
Total return is based on net change in NAV, assuming
reinvestment of all distributions.
Since-inception returns for funds less than one year
old are not annualized.
The 30-day SEC yield w/waivers represents
the annualization of the Fund's net investment income, excluding capital gain income
and includes contractual expense reimbursements. It would be lower without those reimbursements.
The 30-day SEC yield w/o waivers
represents the annualization of the Fund's net investment income, excluding capital
gain income and excludes contractual expense reimbursements, resulting in a lower
yield.
Not FDIC insured | May lose value | No bank guarantee
An investment in Northern Funds involves risks, including
possible loss of principal.
Please carefully read the summary prospectus
or prospectus and consider the investment objectives, risks, charges and expenses
of Northern Funds before investing. Call 800-595-9111 to obtain a summary prospectus
or prospectus. The summary prospectus and prospectus contain this and other information
about the Funds.
Shares of the Northern Funds are offered only by
a current Prospectus and are intended solely for persons to whom shares of US registered
funds may be sold. This site shall not constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of shares of the Northern Funds in
any jurisdiction in which such offer, solicitation or sale would be unlawful.
©2020 Northern Funds | Northern Funds are distributed
by Northern Funds Distributors, LLC, not affiliated with Northern Trust.