NAV AS OF 01/27/23
The Fund seeks to provide long-term capital appreciation through a diversified portfolio of global equity securities.
The investment objective of the fund is to achieve long-term capital appreciation through a diversified portfolio of global equities.
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.
2% on shares sold or exchanged within 30 days of purchase.
Sub-Advisers and Allocations subject to change at any time.
|SUB-ADVISER†||TARGET ALLOCATION*||ROLE IN PORTFOLIO|
|Aristotle Capital Management, LLC||26.0%||Global equity, relative value approach that is benchmark agnostic. Seeks to uncover high quality investment opportunities that are trading at attractive prices and possess a catalyst to unlock value.|
|Boston Common Asset Management, LLC**||23.0%||A diversified international strategy employing a growth at a reasonable price approach with a high-quality bias. The strategy will invest in both developed and emerging international markets.|
|Mar Vista Investment Partners, LLC||24.0%||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.|
|EARNEST Partners, LLC||20.0%||Diversified U.S. all cap core strategy focusing on companies with improving profitability and lower earnings variability that trade at reasonable valuations.|
|Ariel Investments, LLC||7.0%||A concentrated U.S. mid cap value strategy with a long term investment horizon that follows a fundamental, bottom-up, contrarian value style of investing.|
†Effective August 22, 2022, ARK Investment Management, LLC no longer serves as a sub-adviser to the Northern Engage360™ Fund and on or about August 31, 2022 the assets managed by this sub-adviser were reallocated among the remaining sub-advisers of the Fund.
**Effective December 3, 2021, Boston Common Asset Management, LLC began managing a portion of the Northern Engage360TM Fund.
Important risk information can be found on the Portfolio tab.
Not FDIC insured | May lose value | No bank guarantee
Please carefully read the prospectus and summary prospectus and consider the investment objectives, risks, charges and expenses of Northern Funds carefully 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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