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U.S. Quality ESG

 
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TickerNAV AS OF 11/24/17
NUESX$10.24 $0.01 Arrow Up Icon
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Snapshot
For those investors who are socially conscious, the U.S. Quality ESG Fund may be the Fund for you. This Fund seeks to invest in high-quality companies that are industry leaders with regards to their environmental, social and government practices. These standards can help protect the environment and foster more favorable living conditions for future generations. Their practices might include; stewardship of the environment, service to local communities and society at large, commitments to higher labor standards, focus on safe, high-quality products and exemplary and ethical management.
Fund Objective
Capital Appreciation
Fund Strategy
The strategy uses a proprietary multi-factor model based on rigorous academic and empirical research to target high-quality and highly-rated ESG U.S. large- and mid-cap companies. Using a quantitative, factor based approach, the strategy seeks to invest in companies that: meet certain criteria for ESG sustainability and exhibit strong business fundamentals, solid management, and reliable cash flows.
Investor Profile
If you are an investor who wants to invest in a high-quality, diversified portfolio of large- and mid-cap companies in North America that are selected based on sector ranking of environmental, social, government and financial factors, you may find this Fund attractive.
Risk/Reward Potential
”Risk/Reward

Fund Literature

 
Important risk information can be found on the Portfolio tab.

 

CUSIP665162327
YTD Total Return
(Fund incpt. dtd 10/2/17)
2.40%
Inception Date10/02/17
Total Net Assets$10,121,556 (as of 10/31/17)

Total Returns

Total Returns for Month Ending 10/31/17
 Inception-To-Date
    Month   3-Month     YTD**  1-Year  3-Year  5-Year  10-Year Since
Incept.**
U.S. Quality ESGN/AN/A1.20%N/AN/AN/AN/A1.20%
Russell 1000 IndexN/AN/A1.87%N/AN/AN/AN/A1.87%
Morningstar Cat. Avg.
Large Blend
N/AN/AN/AN/AN/AN/AN/AN/A
**Not annualized. Performance represents the period 10/2/17 through 10/31/17.

Total Returns

Total Returns for Quarter Ending 09/30/17
 Inception-To-Date
    Month   3-Month     YTD  1-Year  3-Year  5-Year  10-Year Since
Incept.
U.S. Quality ESGN/AN/AN/AN/AN/AN/AN/AN/A
Russell 1000 IndexN/AN/AN/AN/AN/AN/AN/AN/A
Morningstar Cat. Avg.
Large Blend
N/AN/AN/AN/AN/AN/AN/AN/A
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 Trust Investments, Inc. ("NTI" or the "Investment Adviser") has contractually agreed to reimburse a portion of the operating expenses of the Fund (other than extraordinary expenses) to the extent the "Total Annual Fund Operating Expenses" exceed 0.43%. The "Total Annual Fund Operating Expenses After Expense Reimbursement" may be higher than the contractual limitation as a result of the extraordinary expenses that are not reimbursed. This contractual limitation may not be terminated before August 20, 2018 without the approval of the Fund's Board of Trustees.

Annual Expense Ratios

 
 Gross Expense RatioNet Expense Ratio
U.S. Quality ESG1.02%0.43%
Includes contractual expense reimbursements that, if not extended, will end on August 20, 2018. The Fund also includes voluntary expense reimbursements that may change or end at any time.

Calendar Year Returns

 
 2016
U.S. Quality ESG
(Fund incpt. dtd 10/2/17)
  N/A
Russell 1000 Index  N/A
Morningstar Category Avg. Large Blend  N/A
Performance quoted represents past performance and does not guarantee future results.
Important risk information can be found on the Portfolio tab.

 

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Portfolio Composition
   
Top 10 HoldingsFund
Apple Inc4.4%
Citigroup Inc3.4%
Home Depot Inc2.6%
Boeing Co2.4%
Mastercard Inc2.2%
Merck & Co2.1%
3M Co2.1%
PepsiCo Inc1.6%
Texas Instruments1.5%
IBM1.4%
% of Portfolio23.7%
As of 10/6/17
Sector WeightingsFundBenchmark
Information Technology24.8%22.9%
Financials16.0%14.8%
Health Care15.8%13.9%
Industrials12.6%10.5%
Consumer Discretionary11.6%12.3%
Consumer Staples6.8%7.6%
Energy3.9%5.8%
Real Estate3.8%3.7%
Utilities2.3%3.1%
Materials1.4%3.4%
Telecommunication Services1.0%2.0%
TOTAL100.0%100.0%
As of 10/06/17
Risk Characteristics*U.S. Quality ESGRussell 1000 Index
BetaN/AN/A
Up Market CaptureN/AN/A
Down Market CaptureN/AN/A
Information RatioN/AN/A
*Above risk characteristics are based on a 3-year time period
   
DateHoldings File
As of 09/30/17N/A

Fund Characteristics

Number of Holdings219
Portfolio Turnover
N/A*
Dividend ScheduleQuarterly
Dividend Income Last QuarterN/A
Capital Gain Income Last QuarterN/A
Weighted Average Market Cap ($Mil)$132,147
BenchmarkRussell 1000 Index
Morningstar CategoryLarge Blend
*The inception date of the Fund is October 2, 2017.
Trailing 12-Month Price-to-Earnings Ratio
Fund21.10
Benchmark22.50
Price-to-Book Ratio
Fund3.70
Benchmark3.10
Historical 5-Year Earnings Growth
FundN/A
BenchmarkN/A
Asset Allocation 
Stocks99.6%
Cash0.4%
TOTAL100.0%
Environmental, Social and Governance (ESG) Investing Risk: is the risk stemming from the environmental, social and governance factors that the Fund applies in selecting securities. The Fund's ESG screening process may affect exposures to certain companies or industries and cause the Fund to forego certain investment opportunities.
Large Cap Stock Risk: Large-capitalization stocks as a group could fall out of favor with the market, causing the fund to underperform investments that focus solely on small- or medium-capitalization stocks.
Mid-Cap Risk: Mid-capitalization stocks typically carry additional risk, since smaller companies generally have higher risk of failure and, historically, their stocks have experienced a greater degree of volatility.
New Fund Risk: The Fund, because it is new with no operating history, may not grow or maintain an economically viable size, in which case the Board of Trustees of the Trust may determine to liquidate the Fund.
Quantitative Investing Risk: The value of securities or other investments selected using quantitative analysis can perform differently from the market as a whole or from their expected performance.
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Jeff Sampson, CFA<sup>&reg;</sup>

Jeff Sampson, CFA®

Portfolio Manager
Northern Income Equity Fund (NOIEX)
Northern U.S. Quality ESG Fund (NUESX)

With Northern Trust Since 1999
Began Career in 1999

Jeff Sampson, Vice President and Senior Portfolio Manager on the Global Equity Team responsible for the implementation of several engineered equity strategies specializing in ESG investments, Tax Advantaged Equity, and Quality Dividend Focus. He currently co-manages the Northern Income Equity Fund and the Northern U.S. Quality ESG Fund.

Prior to joining Global Equity in 2007, Mr. Sampson managed a division of account managers within the Wealth Management group. Mr. Sampson joined Northern Trust in 1999.

Mr. Sampson received a BBA in Finance from the University of Wisconsin and an MBA in Accounting, Finance, and Managerial & Organizational Behavior with honors from the University of Chicago Booth School of Business. He is an active CFA® charterholder, and a member of the CFA Institute and the CFA Society Chicago.

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Peter M. Zymali, CFP<sup>&reg;</sup>

Peter M. Zymali, CFP®

Portfolio Manager

Northern U.S. Quality ESG Fund (NUESX)

With Northern Trust Since 2002
Began Career in 2002

Peter Zymali, Vice President and Senior Portfolio Manager on the Global Equity Team responsible for the implementation of several engineered equity strategies specializing in ESG investments, Tax Advantaged Equity, and Quality Dividend Focus. He currently co-manages the Northern U.S. Quality ESG Fund.

Prior to joining Global Equity in 2007, Mr. Zymali was an investment consultant within the Global Family Office Group responsible for designing asset allocation strategies using an open architecture platform. Mr. Zymali joined Northern Trust in 2002.

Mr. Zymali received a B.S. in Finance from the University of Arizona and an MBA in Finance, Economics, and Managerial & Organizational Behavior from the University of Chicago Booth School of Business. Mr. Zymali is a Certified Financial PlannerTM professional.

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Not FDIC insured | May lose value | No bank guarantee

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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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