Morningstar

Northern Active M Emerging Market Equity Fund NMMEX

Medalist Rating as of Sep 30, 2026 See Northern Trust Investment Hub

Strategy

The investment seeks to provide long-term capital appreciation. The fund will invest, under normal circumstances, at least 80% of its net assets in equity securities of issuers domiciled in emerging and frontier markets. The adviser utilizes a "multi-manager" approach whereby the fund's assets are allocated to one or more sub-advisers, in percentages determined at the discretion of the fund's investment advisers. The fund's sub-advisers may also consider emerging and frontier markets as classified by the World Bank, International Finance Corporation or the United Nations and other similar agencies.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
NMMEX	Northern Active M Emerging Market Equity Fund	No Load	Open			Nov 19, 2008	$199.92M	0.990%	Below Average	$2,500	−$19.12M

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