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Morningstar

Northern Global Real Estate Index NGREX

Morningstar Analyst Rating
Quantitative rating as of | See Northern Trust Investment Hub
  • NAV / 1-Day Return 9.77  /  0.10 %
  • Total Assets 1.1 Bil
  • Adj. Expense Ratio
    —
  • Expense Ratio 0.470%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Global Real Estate
  • Investment Style Mid Blend
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 1.70%
  • Turnover 6%

USD | NAV as of Feb 08, 2023 | 1-Day Return as of Feb 08, 2023, 12:08 AM GMT+00:00

Morningstar’s Analysis NGREX

Will NGREX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NGREX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the NGREX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of NGREX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Summary

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Neither process nor people stand out at Northern Global Real Estate Index, but it gets just enough right to help this strategy retain its Morningstar Quantitative Rating of Bronze. The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

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