About NOINX
The Northern International Equity Index Fund is a passively managed mutual fund designed to provide investors with broad exposure to international developed markets. Its primary objective is to closely track the performance of the MSCI EAFE Index, a widely recognized benchmark covering equities from Europe, Australasia, and the Far East. By investing substantially all of its net assets in the constituent securities of this index, the fund offers a diversified portfolio spanning sectors such as technology, healthcare, consumer goods, energy, and industrials. Notable holdings include industry leaders like Novo Nordisk, ASML, Nestlé, AstraZeneca, and Shell. The Northern International Equity Index Fund is recognized for its low expense ratio, robust management team, and approachable entry point, making it a practical choice for moderate risk investors seeking long-term capital appreciation and international equity diversification. It plays a significant role in global asset allocation strategies, providing a cost-effective tool for investors to access non-U.S. developed markets and benefit from their potential growth and dividend income.
Fund Family Northern Funds
Category Foreign Large Blend
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol NOINX
Index MSCI EAFE NR USD
NOINX had a total return of 34.09% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.46%.
