About NOIGX
The Northern International Equity Fund is an actively managed mutual fund focused on foreign equity investments. Its primary objective is long-term capital appreciation, achieved by investing at least 80% of its net assets in equity securities of companies located outside the United States. The fund utilizes a proprietary, multi-factor quantitative stock selection model to construct a portfolio with risk, style, capitalization, and industry characteristics similar to the MSCI World ex USA Index. The investment strategy emphasizes capitalizing on relative valuation, market sentiment, and earnings quality to overweight and underweight specific securities. The fund spans a wide range of international sectors, with significant holdings in healthcare, financial services, energy, and industrials. Designed to offer diversification beyond U.S. markets, the Northern International Equity Fund serves investors seeking global exposure and the potential for capital growth through active management by an experienced team of professionals based in North America, Europe, and Asia.
Fund Family Northern Funds
Category Foreign Large Value
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol NOIGX
Index MSCI World ex USA NR USD
NOIGX had a total return of 26.85% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.88%.
