Northern Active M International Equity Fund (NMIEX)

Overview

The fund is an investment vehicle that primarily targets equity securities of companies domiciled outside the U.S. It operates with a multi-manager approach, allowing the allocation of its assets to one or more sub-advisers as decided by the fund's investment advisers. This strategic method provides a framework for diversifying investments across various regions and market segments worldwide, focusing on developed markets but also enabling significant exposure to emerging markets up to 40% of its net assets.

Products and Services

• Equity Securities Investment

  This service focuses on investing a minimum of 80% of the fund’s net assets in equity securities of non-U.S. domiciled issuers. It aims to capture growth opportunities in international markets by leveraging the expertise of selected sub-advisers.

• Multi-Manager Approach

  A distinctive feature of the fund, this approach involves the allocation of assets across multiple sub-advisers. This strategy is meant to benefit from the diverse expertise and investment styles of several managers, potentially resulting in a more balanced and effective investment portfolio.

• Developed Markets Investment

  While the fund is global in its outlook, there is a clear strategic emphasis on investing primarily in companies domiciled in developed markets. This strategy seeks to tap into the stability and maturity of these markets, aiming for consistent growth and reduced exposure to the volatility often associated with less mature markets.

• Emerging Markets Exposure

  Up to 40% of the fund's net assets may be invested in issuers domiciled in emerging markets. This facet of the fund's strategy allows for diversification and the potential for higher returns, acknowledging the growth potential and dynamism of emerging economies.