One of three business segments of publicly traded Northern Trust NTRS, Northern Trust Asset Management is evolving. Once focused on servicing the ultra-high-net-worth and institutional clientele of the firm’s wealth-management unit, it is striving to grow its external client base. The firm has primarily done so through its Flexshares ETF lineup, which launched in 2011. Northern has eschewed the highly competitive core-index set, favoring smaller niches instead. Today, the exchange-traded fund lineup comprises $19 billion in assets under management, 33% of the firm’s total fund AUM (excluding money market funds).
Northern Trust
Northern Trust Investments
Market
US Open-end ex MM ex FoF ex FeederTotal Net Assets
42.33 BilInvestment Flows (TTM)
−8.61 BilAsset Growth Rate (TTM)
−15.49%# of Share Classes
43
Morningstar Rating
|
# of Share Classes
|
|---|---|
| 0 | |
| 13 | |
| 24 | |
| 5 | |
| 1 | |
| Not Rated | 0 |
0%
50
100
Name
|
Morningstar Rating Overall
|
5-Year Category Rank
|
|---|---|---|
| Northern US Quality ESG I | — | |
| Northern Global Sustainability Index I | 12 | |
| Northern Active M International Equity | 13 | |
| Northern US Quality ESG K | 15 | |
| Northern Limited Term Tax-Exempt | 17 |
The Morningstar Star Rating for Funds is a purely quantitative measure of a fund's past performance, measured from one to five stars.
Star ratings are calculated at the end of every month.
Investments must have at least 36 continuous months of total returns to receive a rating.
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Quick Definitions: Key Morningstar Terms
Morningstar Rating™ for Funds
The Morningstar Rating for Funds, often referred to as the Star Rating, measures a fund’s past performance compared to similar funds on a risk-adjusted basis.
Morningstar Analyst Rating for Funds™
The Morningstar Analyst Rating` for funds is a forward-looking, qualitative rating. It helps investors find funds most likely to outperform their peers over a full market cycle.
Percentile Rank
Percentile rank is how an investment’s return, risk, or other metric compares with other investments in its Morningstar Category.
Category
A category is a way to group investments based on similar risk, return, and behavior profiles.