About NMMEX
Northern Active M Emerging Market Equity Fund is an equity mutual fund designed to provide long-term capital appreciation by focusing on investments in emerging and frontier market equities. The fund allocates at least 80% of its net assets to equity securities of issuers domiciled in countries represented by indices such as the MSCI Emerging Markets Index and the MSCI Frontier Markets Index. Employing a multi-manager approach, the fund blends complementary investment strategies selected through rigorous quantitative screening and qualitative fundamental due diligence. This structure aims to achieve strong diversification and balanced exposure to various risk factors across international equity markets, maintaining a neutral stance regarding size, value, and momentum biases.
The portfolio comprises holdings across multiple sectors, including technology, communication services, real estate, consumer defensive, and financial services, with notable positions in companies like Samsung Electronics and HDFC Bank. With over 170 equity holdings and a focus on broad geographic and sector diversification, the fund plays a significant role for investors seeking access to the growth potential of emerging and frontier economies, while managing risk through systematic manager selection and oversight. This makes it a key vehicle for diversification within global equity allocations, particularly for those with a higher risk tolerance and a long-term investment outlook.
Fund Family Northern Funds
Category Diversified Emerging Mkts
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol NMMEX
Index MSCI EM (Emerging Markets) NR USD
NMMEX had a total return of 38.46% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.22%.
