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.
Northern Money Market Funds include contractual expense
reimbursements that if not extended, will end on July 31, 2021.
*The Board
of Trustees (the “Board”) of Northern Funds (the “Trust”)
has determined, after consideration of a number of factors, that it is in the best
interests of the Municipal Money Market Fund (the “Fund”) and its shareholders
that the Fund be liquidated and terminated on or about February 12, 2021 (the “Liquidation
Date”) pursuant to a plan of liquidation approved by the Board. The Liquidation
Date may be changed at the discretion of the Trust’s officers. Please contact
the Northern Funds Center at 800-595-9111 if you have any questions.
The
7-Day SEC Yield is an annualized yields based on the most recent 7-day period. The
7-day SEC Yield more closely reflects the current earnings of the Fund than the
total return quotation. The 7-Day SEC Yield is calculated in accordance with
SEC requirements and do not include capital gains. At times, the 7-Day SEC Yield may
differ from the actual distribution rate of a Fund because of the exclusion of distributed
capital gains. The 1-Daily Yield and 7-Day Yield includes capital gains, if any. The
subsidized yields reflect any voluntary reimbursement or waivers that may be in effect
for all of a period shown. Unsubsidized yields reflect the performance of a Fund if
any voluntary waivers had not been in place during the period shown.
Since-inception returns for funds less than one year
old are not annualized.
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.
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.
©2021 Northern Funds | Northern Funds are distributed
by Northern Funds Distributors, LLC, not affiliated with Northern Trust.