About NOEMX
The Northern Emerging Markets Equity Index Fund is an open-end mutual fund designed to closely track the performance of the MSCI Emerging Markets Index. Its primary objective is to provide investment results that approximate the returns of this widely recognized benchmark, which represents a broad cross-section of equity markets in emerging economies worldwide. The fund achieves this by investing at least 80% of its assets in equity securities that mirror the sector, industry, and country weightings of the index, ensuring broad diversification across more than a thousand holdings from regions such as Asia, Latin America, Europe, the Middle East, and Africa.
This fund plays a significant role in global capital markets by offering investors efficient exposure to high-growth potential markets not typically represented in developed market indices. Its cost-effective structure, reflected in a low expense ratio, appeals to long-term investors seeking diversified equity exposure beyond developed markets while maintaining risk characteristics similar to the underlying index. The fund’s portfolio includes major companies in technology, financials, consumer discretionary, and energy sectors from countries considered to be at various stages of economic development, supporting its role as a core holding for those pursuing international diversification.
Fund Family Northern Funds
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol NOEMX
Index MSCI EM (Emerging Markets) NR USD
NOEMX had a total return of 36.48% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.40%.
