Insight
We offer investment solutions and asset allocation informed by deep capital markets analysis.
Our comprehensive asset class offering includes a full suite of traditional index, quantitative strategies using factors, fundamental active strategies and multi-asset class solutions, available in a variety of investment vehicles.
Spanning the fixed income spectrum, we offer an efficient mix of risk asset portfolios and risk-control asset portfolios based on risk tolerance.
High quality securities structured to preserve principle, generate income and provide daily liquidity.
Total Return Portfolio invested in high quality instruments overnight to five years.
Total Return Portfolio focusing on sector allocation, security selection and duration/yield curve management.
Total Return Portfolio focusing on high yield bonds.
More than 40 years experience managing high-quality, well-diversified portfolios.
Our investment process integrates proprietary research, strategy, and portfolio management to uncover relative value in the marketplace.
Spanning the spectrum of fixed income and using multiple investment vehicles and currencies.
Our fixed income strategies invest in government and corporate debt securities, either seeking to track or outperform an index. Fixed income investing is subject to: interest rate risk: increases in prevailing interest rates may cause underlying fixed income securities to decline in value; and credit risk: the possibility that the issuer of the bond will not be able to repay the principal and make interest payments.
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Spanning the fixed income spectrum, we offer an efficient mix of risk asset portfolios and risk-control asset portfolios based on risk tolerance.
High quality securities structured to preserve principle, generate income and provide daily liquidity.
Total Return Portfolio invested in high quality instruments overnight to five years.
Total Return Portfolio focusing on sector allocation, security selection and duration/yield curve management.
Total Return Portfolio focusing on high yield bonds.
More than 40 years experience managing high-quality, well-diversified portfolios.
Our investment process integrates proprietary research, strategy, and portfolio management to uncover relative value in the marketplace.
Spanning the spectrum of fixed income and using multiple investment vehicles and currencies.
Our fixed income strategies invest in government and corporate debt securities, either seeking to track or outperform an index. Fixed income investing is subject to: interest rate risk: increases in prevailing interest rates may cause underlying fixed income securities to decline in value; and credit risk: the possibility that the issuer of the bond will not be able to repay the principal and make interest payments.
Hide Disclosures
Spanning the fixed income spectrum, we offer an efficient mix of risk asset portfolios and risk-control asset portfolios based on risk tolerance.
High quality securities structured to preserve principle, generate income and provide daily liquidity.
Total Return Portfolio invested in high quality instruments overnight to five years.
Total Return Portfolio focusing on sector allocation, security selection and duration/yield curve management.
Total Return Portfolio focusing on high yield bonds.
More than 40 years experience managing high-quality, well-diversified portfolios.
Our investment process integrates proprietary research, strategy and portfolio management to uncover relative value in the marketplace.
Spanning the spectrum of fixed income and using multiple investment vehicles and currencies.
Our fixed income strategies invest in government and corporate debt securities, either seeking to track or outperform an index. Fixed income investing is subject to: interest rate risk: increases in prevailing interest rates may cause underlying fixed income securities to decline in value; and credit risk: the possibility that the issuer of the bond will not be able to repay the principal and make interest payments.
Hide Disclosures
The Ultra-Short Fixed Income Fund seeks to generate higher yields than money market funds with less volatility than short-duration bond funds. It is intended for investors with an investment horizon of at least one year and strives to maintain a 6-18 month average maturity, under normal circumstances, with a maximum security maturity of three years. The Fund's investment objective is to seek to maximize total return (capital appreciation and income) to the extent consistent with preservation of principal.
The Core Bond Fund seeks to maximize total return consistent with reasonable risk by investing primarily in a broad range of bonds and other fixed income securities.
The High Yield Fixed Income Fund may be a good choice for long-term investors willing to assume the additional risks associated with investing in high yield securities including above-average share price fluctutations.
Seeks to provide income from high yield bond selected for value, quality and liquidity through a proprietary scoring and screening methodology.
FlexShares Ready Access Variable Income Fund (RAVI) seeks maximum current income consistent with the preservation of capital and liquidity. RAVI is comprised of fixed income instruments, including short-term debt securities, notes and other similar instruments issued by U.S. and non-U.S. public and private entities.
Designed to seek an overall improvement in the portfolio's ESG score with an additional emphasis on reducing carbon risk versus the benchmark, while targeting the same general risk profile of US-dollar denominated bonds of companies with investment grade credit quality.
Spanning the fixed income spectrum, we offer an efficient mix of risk asset portfolios and risk-control asset portfolios based on risk tolerance.
High quality securities structured to preserve principle, generate income and provide daily liquidity.
Total Return Portfolio invested in high quality instruments overnight to five years.
Total Return Portfolio focusing on sector allocation, security selection and duration/yield curve management.
Total Return Portfolio focusing on high yield bonds.
More than 40 years experience managing high-quality, well-diversified portfolios.
Our investment process integrates proprietary research, strategy, and portfolio management to uncover relative value in the marketplace.
Spanning the spectrum of fixed income and using multiple investment vehicles and currencies.
Our fixed income strategies invest in government and corporate debt securities, either seeking to track or outperform an index. Fixed income investing is subject to: interest rate risk: increases in prevailing interest rates may cause underlying fixed income securities to decline in value; and credit risk: the possibility that the issuer of the bond will not be able to repay the principal and make interest payments.
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The investment objective of the Fund is to track the risk and return characteristics of the ICE BofAML Euro Corporate Index (the Index) subject to certain environmental, social and governance (ESG) exclusions and ESG weightings.
The investment objective of the Fund is to track the risk and return characteristics of the ICE BofAML Global High Yield Index (the Index) subject to certain environmental, social and governance (ESG) exclusions and ESG weightings.
The fund seeks to closely match the risk and return characteristics of the Bloomberg Barclays EM Local Currency Government 10% Country Capped B3 and Better Index. The fund excludes securities issued by any government that is subject to global sanctions from the United Nations or which appears on the Consolidated Unite Nations Security Council Sanctions List.
Spanning the fixed income spectrum, we offer an efficient mix of risk asset portfolios and risk-control asset portfolios based on risk tolerance.
High quality securities structured to preserve principle, generate income and provide daily liquidity.
Total Return Portfolio invested in high quality instruments overnight to five years.
Total Return Portfolio focusing on sector allocation, security selection and duration/yield curve management.
Total Return Portfolio focusing on high yield bonds.
More than 40 years experience managing high-quality, well-diversified portfolios.
Our investment process integrates proprietary research, strategy, and portfolio management to uncover relative value in the marketplace.
Spanning the spectrum of fixed income and using multiple investment vehicles and currencies.
Our fixed income strategies invest in government and corporate debt securities, either seeking to track or outperform an index. Fixed income investing is subject to: interest rate risk: increases in prevailing interest rates may cause underlying fixed income securities to decline in value; and credit risk: the possibility that the issuer of the bond will not be able to repay the principal and make interest payments.
Hide Disclosures
Spanning the fixed income spectrum, we offer an efficient mix of risk asset portfolios and risk-control asset portfolios based on risk tolerance.
High quality securities structured to preserve principle, generate income and provide daily liquidity.
Total Return Portfolio invested in high quality instruments overnight to five years.
Total Return Portfolio focusing on sector allocation, security selection and duration/yield curve management.
Total Return Portfolio focusing on high yield bonds.
More than 40 years experience managing high-quality, well-diversified portfolios.
Our investment process integrates proprietary research, strategy and portfolio management to uncover relative value in the marketplace.
Spanning the spectrum of fixed income and using multiple investment vehicles and currencies.
Our fixed income strategies invest in government and corporate debt securities, either seeking to track or outperform an index. Fixed income investing is subject to: interest rate risk: increases in prevailing interest rates may cause underlying fixed income securities to decline in value; and credit risk: the possibility that the issuer of the bond will not be able to repay the principal and make interest payments.
Hide Disclosures
The Ultra-Short Fixed Income Fund seeks to generate higher yields than money market funds with less volatility than short-duration bond funds. It is intended for investors with an investment horizon of at least one year and strives to maintain a 6-18 month average maturity, under normal circumstances, with a maximum security maturity of three years. The Fund's investment objective is to seek to maximize total return (capital appreciation and income) to the extent consistent with preservation of principal.
The Core Bond Fund seeks to maximize total return consistent with reasonable risk by investing primarily in a broad range of bonds and other fixed income securities.
The High Yield Fixed Income Fund may be a good choice for long-term investors willing to assume the additional risks associated with investing in high yield securities including above-average share price fluctutations.
Seeks to provide income from high yield bond selected for value, quality and liquidity through a proprietary scoring and screening methodology.
FlexShares Ready Access Variable Income Fund (RAVI) seeks maximum current income consistent with the preservation of capital and liquidity. RAVI is comprised of fixed income instruments, including short-term debt securities, notes and other similar instruments issued by U.S. and non-U.S. public and private entities.
Designed to seek an overall improvement in the portfolio's ESG score with an additional emphasis on reducing carbon risk versus the benchmark, while targeting the same general risk profile of US-dollar denominated bonds of companies with investment grade credit quality.
Changes in global liquidity markets require investors to adopt a more strategic and focused approach to liquidity management. With maturities from one day to 18 months, our solutions seek to maximize returns across the liquidity spectrum.
(1 to 3-month horizon)
Money Market Fund
(3 to 9-month horizon)
Conservative Ultra Short ESG
(9 to 18-month horizon)
Ultra Short ESG
Comprehensive risk controls and an extensive credit review process are fundamental in implementation of our investment strategy.
Size and scale coupled with sophisticated technology allow for the precise management of flows and participant daily liquidity needs.
Fundamental research and relative value analysis seek to identify highest return potential securities while actively maintaining necessary daily liquidity.
Our cash management strategies invest in short-term government and corporate debt instruments. (Bonds and money market instruments) While generally subject to lower levels of risk than investing in equities or longer term debt, the strategies are not risk free. Risks include credit risk: that the lender may default; and liquidity risk: that it may be difficult to value or sell at the desired time or price.
Hide Disclosures
Changes in global liquidity markets require investors to adopt a more strategic and focused approach to liquidity management. With maturities from one day to 18 months, our solutions seek to maximize returns across the liquidity spectrum.
(1 to 3-month horizon)
Money Market Fund
(3 to 9-month horizon)
Conservative Ultra Short ESG
(9 to 18-month horizon)
Ultra Short ESG
Comprehensive risk controls and an extensive credit review process are fundamental in implementation of our investment strategy.
Size and scale coupled with sophisticated technology allow for the precise management of flows and participant daily liquidity needs.
Fundamental research and relative value analysis seek to identify highest return potential securities while actively maintaining necessary daily liquidity.
Our cash management strategies invest in short-term government and corporate debt instruments. (Bonds and money market instruments) While generally subject to lower levels of risk than investing in equities or longer term debt, the strategies are not risk free. Risks include credit risk: that the lender may default; and liquidity risk: that it may be difficult to value or sell at the desired time or price.
Hide Disclosures
Changes in global liquidity markets require investors to adopt a more strategic and focused approach to liquidity management. With maturities from one day to 18 months, our solutions seek to maximize returns across the liquidity spectrum.
(1 to 30-day maturities)
Money Market Fund
(1 to 90-day maturities)
Money Market Fund, Custom Strategy
(6 to 8-month maturities)
Ultra-short, Custom Strategy
Comprehensive risk controls and an extensive credit review process are fundamental in implementation of our investment strategy.
Size and scale coupled with sophisticated technology allow for the precise management of flows and participant daily liquidity needs.
Fundamental research and relative value analysis seek to identify highest return potential securities while actively maintaining necessary daily liquidity.
Our cash management strategies invest in short-term government and corporate debt instruments. (Bonds and money market instruments) While generally subject to lower levels of risk than investing in equities or longer term debt, the strategies are not risk free. Risks include credit risk: that the lender may default; and liquidity risk: that it may be difficult to value or sell at the desired time or price.
Hide Disclosures
The Treasury Portfolio seeks to preserve capital, maintain liquidity and generate income by investing primarily in money market instruments issued by, or backed by, the U.S. Government and related repurchase agreements.
The Ultra-Short Fixed Income Fund seeks to generate higher yields than money market funds with less volatility than short-duration bond funds. It is intended for investors with an investment horizon of at least one year and strives to maintain a 6-18 month average maturity, under normal circumstances, with a maximum security maturity of three years. The Fund's investment objective is to seek to maximize total return (capital appreciation and income) to the extent consistent with preservation of principal.
The Tax-Advantaged Ultra-Short Fixed Income Fund invests in short-duration instruments and is intended for investors with an investment horizon of at least one year and is designed to provide investors in higher tax brackets more after tax-yield than a money market fund with potential for capital appreciation.
FlexShares Ready Access Variable Income Fund (RAVI) seeks maximum current income consistent with the preservation of capital and liquidity. RAVI is comprised of fixed income instruments, including short-term debt securities, notes and other similar instruments issued by U.S. and non-U.S. public and private entities.
Changes in global liquidity markets require investors to adopt a more strategic and focused approach to liquidity management. With maturities from one day to 18 months, our solutions seek to maximize returns across the liquidity spectrum.
(1 to 3-month horizon)
Money Market Fund
(3 to 9-month horizon)
Conservative Ultra Short ESG
(9 to 18-month horizon)
Ultra Short ESG
Comprehensive risk controls and an extensive credit review process are fundamental in implementation of our investment strategy.
Size and scale coupled with sophisticated technology allow for the precise management of flows and participant daily liquidity needs.
Fundamental research and relative value analysis seek to identify highest return potential securities while actively maintaining necessary daily liquidity.
Our cash management strategies invest in short-term government and corporate debt instruments. (Bonds and money market instruments) While generally subject to lower levels of risk than investing in equities or longer term debt, the strategies are not risk free. Risks include credit risk: that the lender may default; and liquidity risk: that it may be difficult to value or sell at the desired time or price.
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The fund seeks to achieve a return in line with prevailing money market rates by investing in high quality fixed income securities whilst aiming to preserve capital and maintain liquidity.
The objective of the Fund is to provide moderate liquidity and maximise income consistent with a high degree of capital preservation by investing in investment grade fixed income securities.
Changes in global liquidity markets require investors to adopt a more strategic and focused approach to liquidity management. With maturities from one day to 18 months, our solutions seek to maximize returns across the liquidity spectrum.
(1 to 30-day maturities)
Money Market Fund
(1 to 90-day maturities)
Money Market Fund, Custom Strategy
(6 to 8-month maturities)
Ultra-short, Custom Strategy
Comprehensive risk controls and an extensive credit review process are fundamental in implementation of our investment strategy.
Size and scale coupled with sophisticated technology allow for the precise management of flows and participant daily liquidity needs.
Fundamental research and relative value analysis seek to identify highest return potential securities while actively maintaining necessary daily liquidity.
Our cash management strategies invest in short-term government and corporate debt instruments. (Bonds and money market instruments) While generally subject to lower levels of risk than investing in equities or longer term debt, the strategies are not risk free. Risks include credit risk: that the lender may default; and liquidity risk: that it may be difficult to value or sell at the desired time or price.
Hide Disclosures
Changes in global liquidity markets require investors to adopt a more strategic and focused approach to liquidity management. With maturities from one day to 18 months, our solutions seek to maximize returns across the liquidity spectrum.
(1 to 30-day maturities)
Money Market Fund
(1 to 90-day maturities)
Money Market Fund, Custom Strategy
(6 to 8-month maturities)
Ultra-short, Custom Strategy
Comprehensive risk controls and an extensive credit review process are fundamental in implementation of our investment strategy.
Size and scale coupled with sophisticated technology allow for the precise management of flows and participant daily liquidity needs.
Fundamental research and relative value analysis seek to identify highest return potential securities while actively maintaining necessary daily liquidity.
Our cash management strategies invest in short-term government and corporate debt instruments. (Bonds and money market instruments) While generally subject to lower levels of risk than investing in equities or longer term debt, the strategies are not risk free. Risks include credit risk: that the lender may default; and liquidity risk: that it may be difficult to value or sell at the desired time or price.
Hide Disclosures
The Treasury Portfolio seeks to preserve capital, maintain liquidity and generate income by investing primarily in money market instruments issued by, or backed by, the U.S. Government and related repurchase agreements.
The Ultra-Short Fixed Income Fund seeks to generate higher yields than money market funds with less volatility than short-duration bond funds. It is intended for investors with an investment horizon of at least one year and strives to maintain a 6-18 month average maturity, under normal circumstances, with a maximum security maturity of three years. The Fund's investment objective is to seek to maximize total return (capital appreciation and income) to the extent consistent with preservation of principal.
The Tax-Advantaged Ultra-Short Fixed Income Fund invests in short-duration instruments and is intended for investors with an investment horizon of at least one year and is designed to provide investors in higher tax brackets more after tax-yield than a money market fund with potential for capital appreciation.
FlexShares Ready Access Variable Income Fund (RAVI) seeks maximum current income consistent with the preservation of capital and liquidity. RAVI is comprised of fixed income instruments, including short-term debt securities, notes and other similar instruments issued by U.S. and non-U.S. public and private entities.
Our factor definitions are designed to be multi-dimensional, sector/region neutral and sector/region specific as applied.
Our quantitative strategies combine multiple factors for optimal positive factor content while striving to reduce dilution or cancellation effect.
Strategies designed purposely to take risk intentionally — and avoid unintended consequences.
Quantitative equity strategies target specific factors. These strategies do not seek to replicate the performance of a specified cap-weighted index; also, factors are cyclical in nature. Therefore, it is possible for these strategies to underperform an index.
Multi factor strategies seek diversification across a mix of factors but are subject to concentration risk: Investments within the same industry, region or security type tend to be highly correlated and cyclical in nature; unlike diversified investments, they may experience periods of underperformance/overperformance in tandem.
A ‘quality’ investment strategy, which seeks to invest in companies with high returns, stable earnings, and low financial leverage, is subject to the risk that the past performance of these companies does not continue. ‘Quality’ equity securities may outperform/underperform other securities or the overall stock market from time to time.
Hide Disclosures
Our factor definitions are designed to be multi-dimensional, sector/region neutral and sector/region specific as applied.
Our quantitative strategies combine multiple factors for optimal positive factor content while striving to reduce dilution or cancellation effect.
Strategies designed purposely to take risk intentionally — and avoid unintended consequences.
Quantitative equity strategies target specific factors. These strategies do not seek to replicate the performance of a specified cap-weighted index; also, factors are cyclical in nature. Therefore, it is possible for these strategies to underperform an index.
Multi factor strategies seek diversification across a mix of factors but are subject to concentration risk: Investments within the same industry, region or security type tend to be highly correlated and cyclical in nature; unlike diversified investments, they may experience periods of underperformance/overperformance in tandem.
A ‘quality’ investment strategy, which seeks to invest in companies with high returns, stable earnings, and low financial leverage, is subject to the risk that the past performance of these companies does not continue. ‘Quality’ equity securities may outperform/underperform other securities or the overall stock market from time to time.
Hide Disclosures
Our factor definitions are designed to be multi-dimensional, sector/region neutral and sector/region specific as applied.
Our quantitative strategies combine multiple factors for optimal positive factor content while striving to reduce dilution or cancellation effect.
Strategies designed purposely to take risk intentionally — and avoid unintended consequences.
Quantitative equity strategies target specific factors. These strategies do not seek to replicate the performance of a specified cap-weighted index; also, factors are cyclical in nature. Therefore, it is possible for these strategies to underperform an index.
Multi factor strategies seek diversification across a mix of factors but are subject to concentration risk: Investments within the same industry, region or security type tend to be highly correlated and cyclical in nature; unlike diversified investments, they may experience periods of underperformance/overperformance in tandem.
A ‘quality’ investment strategy, which seeks to invest in companies with high returns, stable earnings, and low financial leverage, is subject to the risk that the past performance of these companies does not continue. ‘Quality’ equity securities may outperform/underperform other securities or the overall stock market from time to time.
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Designed to provide exposure to U.S.-based companies that possess lower overall absolute volatility characteristics while also exhibiting financial strength and stability (i.e. quality) characteristics.
Built to assess the current financial state of U.S. companies based on a proprietary quality factor while taking a defensive approach and maximizing exposure to quality and dividends.
Designed to offer the potential benefits of exposure to the quality, value and momentum factors, while targeting the same general risk profile of the overall large-cap space.
Our factor definitions are designed to be multi-dimensional, sector/region neutral and sector/region specific as applied.
Our quantitative strategies combine multiple factors for optimal positive factor content while striving to reduce dilution or cancellation effect.
Strategies designed purposely to take risk intentionally — and avoid unintended consequences.
Quantitative equity strategies target specific factors. These strategies do not seek to replicate the performance of a specified cap-weighted index; also, factors are cyclical in nature. Therefore, it is possible for these strategies to underperform an index.
Multi factor strategies seek diversification across a mix of factors but are subject to concentration risk: Investments within the same industry, region or security type tend to be highly correlated and cyclical in nature; unlike diversified investments, they may experience periods of underperformance/overperformance in tandem.
A ‘quality’ investment strategy, which seeks to invest in companies with high returns, stable earnings, and low financial leverage, is subject to the risk that the past performance of these companies does not continue. ‘Quality’ equity securities may outperform/underperform other securities or the overall stock market from time to time.
Hide Disclosures
Our factor definitions are designed to be multi-dimensional, sector/region neutral and sector/region specific as applied.
Our quantitative strategies combine multiple factors for optimal positive factor content while striving to reduce dilution or cancellation effect.
Strategies designed purposely to take risk intentionally — and avoid unintended consequences.
Quantitative equity strategies target specific factors. These strategies do not seek to replicate the performance of a specified cap-weighted index; also, factors are cyclical in nature. Therefore, it is possible for these strategies to underperform an index.
Multi factor strategies seek diversification across a mix of factors but are subject to concentration risk: Investments within the same industry, region or security type tend to be highly correlated and cyclical in nature; unlike diversified investments, they may experience periods of underperformance/overperformance in tandem.
A ‘quality’ investment strategy, which seeks to invest in companies with high returns, stable earnings, and low financial leverage, is subject to the risk that the past performance of these companies does not continue. ‘Quality’ equity securities may outperform/underperform other securities or the overall stock market from time to time.
Hide Disclosures
Our factor definitions are designed to be multi-dimensional, sector/region neutral and sector/region specific as applied.
Our quantitative strategies combine multiple factors for optimal positive factor content while striving to reduce dilution or cancellation effect.
Strategies designed purposely to take risk intentionally — and avoid unintended consequences.
Quantitative equity strategies target specific factors. These strategies do not seek to replicate the performance of a specified cap-weighted index; also, factors are cyclical in nature. Therefore, it is possible for these strategies to underperform an index.
Multi factor strategies seek diversification across a mix of factors but are subject to concentration risk: Investments within the same industry, region or security type tend to be highly correlated and cyclical in nature; unlike diversified investments, they may experience periods of underperformance/overperformance in tandem.
A ‘quality’ investment strategy, which seeks to invest in companies with high returns, stable earnings, and low financial leverage, is subject to the risk that the past performance of these companies does not continue. ‘Quality’ equity securities may outperform/underperform other securities or the overall stock market from time to time.
Hide Disclosures
Designed to provide exposure to U.S.-based companies that possess lower overall absolute volatility characteristics while also exhibiting financial strength and stability (i.e. quality) characteristics.
Built to assess the current financial state of U.S. companies based on a proprietary quality factor while taking a defensive approach and maximizing exposure to quality and dividends.
Designed to offer the potential benefits of exposure to the quality, value and momentum factors, while targeting the same general risk profile of the overall large-cap space.
Success is improving investor outcomes. We believe an optimal strategic asset allocation combined with an active tactical view provides a strong investor foundation while seeking to capitalize on near-term market opportunities.
Multi-asset strategies are constructed with multiple asset classes and designed to meet target returns or achieve investor outcomes. We can deliver these solutions as total or completion portfolios in scalable vehicles, model portfolios or bespoke solutions.
Leveraging decades of capital markets expertise in global asset allocation, Northern Trust Multi-Asset strategies puts our asset class outlook, market forecasts and global investment themes into action. We seek to create an optimal and efficient mix of global equities, fixed income, real assets and cash in an effort to outperform. With precise and targeted exposures to equity and fixed income risk factors, our strategies are built with ETFs and mutual funds designed to create risk-, cost- and tax-efficient portfolios.
Our strategic asset allocation serves as the foundation of the portfolio and is grounded by our “forward-looking, historically aware” approach.
We seek to add value by exploiting near-term financial market opportunities and incorporating active risk constraints on asset class overweights/underweights.
We implement targeted factor exposures in our portfolio using exchange-traded funds designed to improve risk, cost, and tax efficiency.
Multi-asset strategies invest in a broad range of global assets such as equities, bonds, deposits, cash, property and commodities. An asset allocation strategy does not guarantee any specific result nor protect against loss. The underlying assets in a multi-asset class strategy may be subject to equity risk: equity securities are more volatile than other asset classes and may fluctuate in value; interest rate risk: increases in prevailing interest rates may cause underlying fixed income securities to decline in value; and international risk: international investing involves increased risk and volatility.
Hide Disclosures
Success is improving investor outcomes. We believe an optimal strategic asset allocation combined with an active tactical view provides a strong investor foundation while seeking to capitalize on near-term market opportunities.
Multi-asset strategies are constructed with multiple asset classes and designed to meet target returns or achieve investor outcomes. We can deliver these solutions as total or completion portfolios in scalable vehicles, model portfolios or bespoke solutions.
Leveraging decades of capital markets expertise in global asset allocation, Northern Trust Multi-Asset strategies puts our asset class outlook, market forecasts and global investment themes into action. We seek to create an optimal and efficient mix of global equities, fixed income, real assets and cash in an effort to outperform. With precise and targeted exposures to equity and fixed income risk factors, our strategies are built with ETFs and mutual funds designed to create risk-, cost- and tax-efficient portfolios.
Our strategic asset allocation serves as the foundation of the portfolio and is grounded by our “forward-looking, historically aware” approach.
We seek to add value by exploiting near-term financial market opportunities and incorporating active risk constraints on asset class overweights/underweights.
We implement targeted factor exposures in our portfolio using exchange-traded funds designed to improve risk, cost, and tax efficiency.
Multi-asset strategies invest in a broad range of global assets such as equities, bonds, deposits, cash, property and commodities. An asset allocation strategy does not guarantee any specific result nor protect against loss. The underlying assets in a multi-asset class strategy may be subject to equity risk: equity securities are more volatile than other asset classes and may fluctuate in value; interest rate risk: increases in prevailing interest rates may cause underlying fixed income securities to decline in value; and international risk: international investing involves increased risk and volatility.
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The strategy provides a passive exposure to the listed developed real estate markets through an efficient implementation, minimizing active risk and transaction costs.
The ESG exclusions, tilts, and climate considerations are implemented while controlling for credit, duration, country, issuer and sector. The result is a portfolio that delivers the desired exposure to investors, while improving their ESG score and climate profile.
The strategy tilts towards companies benefiting from the energy transition and provides a hedge against systematic climate change risks.
The result is a portfolio of companies that are ready for a transition to a low carbon economy. The strategy targets a 100% reduction in potential carbon emissions and a 65% reduction in carbon intensity compared to the MSCI World Index.
The global small cap space has traditionally been a part of the market where sustainability reporting has remained uneven at best, and often overlooked by investors.
Improvements in sustainability reporting over the last decade enable the possibility of this strategy: a sustainable global small cap strategy that seeks to reduce the overall carbon intensity by at least 50% and eliminate the potential carbon emissions.
The strategy provides a passive exposure to the listed developed real estate markets through an efficient implementation, minimizing active risk and transaction costs.
The ESG exclusions, tilts, and climate considerations are implemented while controlling for credit, duration, country, issuer and sector. The result is a portfolio that delivers the desired exposure to investors, while improving their ESG score and climate profile.
The strategy tilts towards companies benefiting from the energy transition and provides a hedge against systematic climate change risks.
The result is a portfolio of companies that are ready for a transition to a low carbon economy. The strategy targets a 100% reduction in potential carbon emissions and a 70% reduction in carbon intensity compared to the MSCI All Country Asia ex Japan Index.
The strategy provides a passive exposure to the listed developed real estate markets through an efficient implementation, minimizing active risk and transaction costs.
The ESG exclusions, tilts, and climate considerations are implemented while controlling for credit, duration, country, issuer and sector. The result is a portfolio that delivers the desired exposure to investors, while improving their ESG score and climate profile.
When choosing which factors to add to your portfolio, we believe that using a comprehensive quality score can be a better predictor of future volatility.
That’s why our Quality Low Volatility strategy employs minimum variance portfolios to mitigate sector/region concentrations and turnover. In the end, we believe this delivers a more efficient portfolio and, by capturing low-volatility and factor premiums, can lead to more consistent performance.
When you’re focused on achieving your desired investment outcome, it’s important to identify and capitalize on opportunities – while keeping an eye on risk.
The Quality International Core Strategy, which seeks to capture value and quality premium in an international large-cap universe, employs a multi-factor model – using value, quality and momentum – to create an alpha forecast and inform our portfolio construction. All of this comes together in a thoughtfully crafted portfolio designed to actively manage alpha, risk and costs.
Sustainable investing shouldn’t come at the cost of performance.
The Quality ESG strategy integrates quality and ESG factors seeking to improve risk-adjusted returns.
Our process focuses on financial sustainability or quality and considers ESG metrics such as company ratings, business involvement and carbon emissions/reserves. The result is a portfolio of higher-quality companies with favorable ESG ratings.
Large-cap allocations can significantly impact portfolio returns. Strategy selection is crucial.
Large-cap holdings are a significant component of a portfolio, making it critical to find the right strategy. We designed this strategy for superior risk-adjusted returns, using an efficient investment process to take risks that are most likely to pay off.
When choosing which factors to add to your portfolio, we believe that using a comprehensive quality score can be a better predictor of future volatility.
That’s why our Quality Low Volatility strategy employs minimum variance portfolios to mitigate sector/region concentrations and turnover. In the end, we believe this delivers a more efficient portfolio and, by capturing low-volatility and factor premiums, can lead to more consistent performance.
Sustainable investing shouldn’t come at the cost of performance.
The Quality ESG strategy integrates quality and ESG factors seeking to improve risk-adjusted returns.
Our process focuses on financial sustainability or quality and considers ESG metrics such as company ratings, business involvement and carbon emissions/reserves. The result is a portfolio of higher-quality companies with favorable ESG ratings.
Large-cap allocations can significantly impact portfolio returns. Strategy selection is crucial.
Large-cap holdings are a significant component of a portfolio, making it critical to find the right strategy. We designed this strategy for superior risk-adjusted returns, using an efficient investment process to take risks that are most likely to pay off.
Multi-asset class solutions strategies are designed to harness the power of diversification – but they shouldn’t overlook risk.
The Northern Global Tactical Asset Allocation Fund is a transparent, globally diversified and cost-efficient turnkey strategy designed to help maximize portfolio efficiency while adapting to changing market/economic conditions.
Grounded in our comprehensive strategic and tactical asset allocation process, the fund uses ETFs to target risk-, cost, and tax-efficiency, as well as real assets to offer additional diversification opportunities and increase risk-efficiency.
Fund Objective: Long-term capital appreciation and current income.
When targeting higher yielding equities, we believe that company quality can be a better predictor of persistent dividends.
The Fund seeks to achieve its investment objective by investing income-producing U.S. equity securities. The Fund employs a multi-factor investment process using quality characteristics and dividend yield in an effort to identify equity securities and create a diverse portfolio of high quality, high dividend paying U.S. companies.
We believe investing at the intersection of Quality and ESG can help improve risk-adjusted returns.
The Northern U.S. Quality ESG Fund takes a thoughtfully-designed, quantitative approach to investing. By integrating quality and ESG factors, the fund seeks to improve risk-adjusted returns by targeting companies of higher quality, above-peer group ESG ratings and smaller carbon footprint. Fund Objective: Long-term capital appreciation.
Large-cap allocations can significantly impact portfolio returns. Fund selection is crucial.
The Fund seeks to efficiently deliver excess returns by investing in a diverse portfolio of large capitalization, U.S. companies. The Fund employs a multi-factor investment process using value, quality and momentum to select securities and construct a portfolio with the potential to provide excess return to its benchmark.
Large-cap allocations can significantly impact portfolio returns. Fund selection is crucial.
The Fund seeks to efficiently deliver excess returns by investing in a diverse portfolio of large capitalization, U.S. companies. The Fund employs a multi-factor investment process using value, quality and momentum to select securities and construct a portfolio with the potential to provide excess return to its benchmark.
Multi-asset class solutions strategies are designed to harness the power of diversification – but they shouldn’t overlook risk.
The Northern Global Tactical Asset Allocation Fund is a transparent, globally diversified and cost-efficient turnkey strategy designed to help maximize portfolio efficiency while adapting to changing market/economic conditions.
Grounded in our comprehensive strategic and tactical asset allocation process, the fund uses ETFs to target risk-, cost, and tax-efficiency, as well as real assets to offer additional diversification opportunities and increase risk-efficiency.
Fund Objective: Long-term capital appreciation and current income.
When targeting higher yielding equities, we believe that company quality can be a better predictor of persistent dividends.
The Fund seeks to achieve its investment objective by investing income-producing U.S. equity securities. The Fund employs a multi-factor investment process using quality characteristics and dividend yield in an effort to identify equity securities and create a diverse portfolio of high quality, high dividend paying U.S. companies.
We believe investing at the intersection of Quality and ESG can help improve risk-adjusted returns.
The Northern U.S. Quality ESG Fund takes a thoughtfully-designed, quantitative approach to investing. By integrating quality and ESG factors, the fund seeks to improve risk-adjusted returns by targeting companies of higher quality, above-peer group ESG ratings and smaller carbon footprint. Fund Objective: Long-term capital appreciation.
Sustainable investing shouldn’t come at the cost of performance. The Quality ESG World strategy integrates quality and ESG factors seeking to improve risk-adjusted returns.
Our process focuses on financial sustainability or quality and considers ESG metrics such as company ratings, business involvement and carbon emissions/reserves. The result is a portfolio of higher-quality companies with favorable ESG ratings.
There is compelling evidence that shows quality companies – those with sound ESG principles – tend to mitigate risk and have sustainable business models.
The High Dividend ESG World Equity strategy seeks to identify quality companies and capture quality premium and dividend yield in a diversified global portfolio. Combining the quality factor with dividends has the potential to enhance income and manage volatility.
Many low volatility strategies tend to have high carbon intensity due to overweight exposures to high carbon sectors that have lower volatility, like utilities.
Our process is designed to limit exposure to both volatility and carbon and control for sector and regional biases without sacrificing performance. The result is a portfolio that helps investors manage climate risk while achieving their investment objectives.
The Quality Small Cap Value strategy considers valuation, momentum and profitability in an effort to efficiently capture the opportunity for small cap outperformance.
The Quality Small Cap Value strategy seeks to efficiently capture the small-cap premium by investing in a diverse portfolio of quality, undervalued small cap companies. The strategy applies a multi-factor model —considering valuation, momentum and profitability — to identify reasonably priced, profitable small cap stocks and avoid those with signs of distress.
Sustainable investing shouldn’t come at the cost of performance. The Quality ESG World strategy integrates quality and ESG factors seeking to improve risk-adjusted returns.
Our process focuses on financial sustainability or quality and considers ESG metrics such as company ratings, business involvement and carbon emissions/reserves. The result is a portfolio of higher-quality companies with favorable ESG ratings.
There is compelling evidence that shows quality companies – those with sound ESG principles – tend to mitigate risk and have sustainable business models.
The High Dividend ESG World Equity strategy seeks to identify quality companies and capture quality premium and dividend yield in a diversified global portfolio. Combining the quality factor with dividends has the potential to enhance income and manage volatility.
Many low volatility strategies tend to have high carbon intensity due to overweight exposures to high carbon sectors that have lower volatility, like utilities.
Our process is designed to limit exposure to both volatility and carbon and control for sector and regional biases without sacrificing performance. The result is a portfolio that helps investors manage climate risk while achieving their investment objectives.
Sustainable investing shouldn’t come at the cost of performance. The Quality ESG World strategy integrates quality and ESG factors seeking to improve risk-adjusted returns.
Our process focuses on financial sustainability or quality and considers ESG metrics such as company ratings, business involvement and carbon emissions/reserves. The result is a portfolio of higher-quality companies with favorable ESG ratings.
Large-cap allocations can significantly impact portfolio returns. Strategy selection is crucial.
Large-cap holdings are a significant component of a portfolio, making it critical to find the right strategy. We designed this strategy for superior risk-adjusted returns, using an efficient investment process to take risks that are most likely to pay off.
Many low volatility strategies tend to have high carbon intensity due to overweight exposures to high carbon sectors that have lower volatility, like utilities.
Our process is designed to limit exposure to both volatility and carbon and control for sector and regional biases without sacrificing performance. The result is a portfolio that helps investors manage climate risk while achieving their investment objectives.
Sustainable investing shouldn’t come at the cost of performance. The Quality ESG World strategy integrates quality and ESG factors seeking to improve risk-adjusted returns.
Our process focuses on financial sustainability or quality and considers ESG metrics such as company ratings, business involvement and carbon emissions/reserves. The result is a portfolio of higher-quality companies with favorable ESG ratings.
Large-cap allocations can significantly impact portfolio returns. Strategy selection is crucial.
Large-cap holdings are a significant component of a portfolio, making it critical to find the right strategy. We designed this strategy for superior risk-adjusted returns, using an efficient investment process to take risks that are most likely to pay off.
Large-cap allocations can significantly impact portfolio returns. Strategy selection is crucial.
Within an end-to-end risk management framework, the strategy seeks to use a quantitatively-driven approach to gain efficient exposure to undervalued, high-quality, and positive momentum stocks to generate consistent risk-adjusted returns relative to the S&P/ASX 300 Index.
A turnkey target risk investment program managed in a globally diversified, ESG-aware multi-asset class framework with a tactical asset allocation overlay.
The model portfolios are designed to be risk-efficient, cost-effective managed accounts to suit a range of investor goals. Built with factor ETFs, the strategies target specific equity factors, emphasizing quality.
A turnkey, target risk investment program managed in a globally diversified, multi-asset class framework with a tactical asset allocation overlay incorporating both quality and low-volatility factors which seek to enhance returns and reduce risk.
The series of five highly diversified, tactical model portfolios are designed to deliver the upside performance of a traditional balanced portfolio, while providing considerable downside risk mitigation – without sacrificing the return potential of equity allocations or holding alternatives that are less liquid.
A turnkey target risk investment program managed in a globally diversified, ESG-aware multi-asset class framework with a tactical asset allocation overlay.
The model portfolios are designed to be risk-efficient, cost-effective managed accounts to suit a range of investor goals. Built with ESG focused ETFs, the strategies target a more sustainable asset allocation.
Multi-asset class solutions are designed to harness the power of diversification – but they shouldn’t overlook risk.
The Northern Global Tactical Asset Allocation Fund is a transparent, globally diversified and cost-efficient turnkey strategy designed to help maximize portfolio efficiency while adapting to changing market/economic conditions.
Grounded in our comprehensive strategic and tactical asset allocation process, the fund uses ETFs to target risk-, cost, and tax-efficiency, as well as real assets to offer additional diversification opportunities and increase risk-efficiency.
Fund Objective: Long-term capital appreciation and current income.
A turnkey target risk investment program managed in a globally diversified, ESG-aware multi-asset class framework with a tactical asset allocation overlay.
The model portfolios are designed to be risk-efficient, cost-effective managed accounts to suit a range of investor goals. Built with factor ETFs, the strategies target specific equity factors, emphasizing quality.
A turnkey, target risk investment program managed in a globally diversified, multi-asset class framework with a tactical asset allocation overlay incorporating both quality and low-volatility factors which seek to enhance returns and reduce risk.
The series of five highly diversified, tactical model portfolios are designed to deliver the upside performance of a traditional balanced portfolio, while providing considerable downside risk mitigation – without sacrificing the return potential of equity allocations or holding alternatives that are less liquid.
A turnkey target risk investment program managed in a globally diversified, ESG-aware multi-asset class framework with a tactical asset allocation overlay.
The model portfolios are designed to be risk-efficient, cost-effective managed accounts to suit a range of investor goals. Built with ESG focused ETFs, the strategies target a more sustainable asset allocation.
Multi-asset class solutions are designed to harness the power of diversification – but they shouldn’t overlook risk.
The Northern Global Tactical Asset Allocation Fund is a transparent, globally diversified and cost-efficient turnkey strategy designed to help maximize portfolio efficiency while adapting to changing market/economic conditions.
Grounded in our comprehensive strategic and tactical asset allocation process, the fund uses ETFs to target risk-, cost, and tax-efficiency, as well as real assets to offer additional diversification opportunities and increase risk-efficiency.
Fund Objective: Long-term capital appreciation and current income.
A liquidity solution designed to bridge the gap between cash and short duration investing while preserving principal and mitigating risk.
The strategy seeks to deliver yields in excess of a money market fund with higher quality and lower volatility expectations than short duration bond strategies.
An active investment process emphasizing macro analysis, credit research and risk management seeks to deliver alpha by actively managing duration, yield curve positioning, sector allocation and security selection.
Delivering income and total return through broad exposure to the fixed income market
The strategy seeks to provide broad exposure to the fixed income market with a focus on yield, total return and risk mitigation.
Our investment process seeks opportunities to generate excess return by actively managing duration, yield curve positioning, sector allocation and security selection.
A high-yield strategy focused on corporate credit with strong fundamentals and mitigate interest-rate risk.
The strategy is designed to actively select fundamentally strong corporate credit securities while seeking to provide downside protection by reducing interest rate risk.
Our deep and experienced fundamental credit team seeks relative value across the capital structure with marcoeconomic expectations inform sector allocations.
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A liquidity solution designed to bridge the gap between cash and short duration investing while preserving principal and mitigating risk.
The strategy seeks to deliver yields in excess of a money market fund with higher quality and lower volatility expectations than short duration bond strategies. An active investment process emphasizing macro analysis, credit research and risk management seeks to deliver alpha by actively managing duration, yield curve positioning, sector allocation and security selection.
Delivering income and total return through broad exposure to the fixed income market.
The strategy seeks to provide broad exposure to the fixed income market with a focus on yield, total return and risk mitigation.
Our investment process seeks opportunities to generate excess return by actively managing duration, yield curve positioning, sector allocation and security selection.
A high-yield strategy focused on corporate credit with strong fundamentals and mitigate interest-rate risk.
The strategy is designed to actively select fundamentally strong corporate credit securities while seeking to provide downside protection by reducing interest rate risk.
Our deep and experienced fundamental credit team seeks relative value across the capital structure with marcoeconomic expectations inform sector allocations.
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Systematic integration of ESG metrics can provide a more holistic view of underlying credits through an additional lens to evaluate non-financial risks. The strategy aims to maximise its ESG rating by tilting towards issuers with higher ratings and away from those with lower ratings.
The ESG exclusions, tilts, and climate considerations are implemented while controlling for credit, duration, country, issuer and sector. The result is a portfolio that delivers the desired exposure to investors, while improving their ESG score and climate profile.
Systematic integration of ESG metrics can provide a more holistic view of underlying credits through an additional lens to evaluate non-financial risks. The strategy aims to maximise its ESG rating by tilting towards issuers with higher ratings and away from those with lower ratings.
The ESG exclusions, tilts, and climate considerations are implemented while controlling for credit, duration, country, issuer and sector. The result is a portfolio that delivers the desired exposure to investors, while improving their ESG score and climate profile.
Systematic integration of ESG metrics can provide a more holistic view of underlying credits through an additional lens to evaluate non-financial risks. The strategy aims to maximise its ESG rating by tilting towards issuers with higher ratings and away from those with lower ratings.
The ESG exclusions, tilts, and climate considerations are implemented while controlling for credit, duration, country, issuer and sector. The result is a portfolio that delivers the desired exposure to investors, while improving their ESG score and climate profile.
Delivering income and total return through broad exposure to the fixed income market
The strategy seeks to provide broad exposure to the fixed income market with a focus on yield, total return and risk mitigation.
Our investment process seeks opportunities to generate excess return by actively managing duration, yield curve positioning, sector allocation and security selection.
A high-yield strategy focused on corporate credit with strong fundamentals and mitigate interest-rate risk.
The strategy is designed to actively select fundamentally strong corporate credit securities while seeking to provide downside protection by reducing interest rate risk.
Our deep and experienced fundamental credit team seeks relative value across the capital structure with marcoeconomic expectations inform sector allocations.
A liquidity solution designed to bridge the gap between cash and short duration investing while preserving principal and mitigating risk.
The strategy seeks to deliver yields in excess of a money market fund with higher quality and lower volatility expectations than short duration bond strategies.
An active investment process emphasizing macro analysis, credit research and risk management seeks to deliver alpha by actively managing duration, yield curve positioning, sector allocation and security selection.
Systematic integration of ESG metrics can provide a more holistic view of underlying credits through an additional lens to evaluate non-financial risks. The strategy aims to maximise its ESG rating by tilting towards issuers with higher ratings and away from those with lower ratings.
The ESG exclusions, tilts, and climate considerations are implemented while controlling for credit, duration, country, issuer and sector. The result is a portfolio that delivers the desired exposure to investors, while improving their ESG score and climate profile.
Systematic integration of ESG metrics can provide a more holistic view of underlying credits through an additional lens to evaluate non-financial risks. The strategy aims to maximise its ESG rating by tilting towards issuers with higher ratings and away from those with lower ratings.
The ESG exclusions, tilts, and climate considerations are implemented while controlling for credit, duration, country, issuer and sector. The result is a portfolio that delivers the desired exposure to investors, while improving their ESG score and climate profile.
A liquidity solution designed to bridge the gap between cash and short duration investing while preserving principal and mitigating risk.
The strategy seeks to deliver yields in excess of a money market fund with higher quality and lower volatility expectations than short duration bond strategies.
An active investment process emphasizing macro analysis, credit research and risk management seeks to deliver alpha by actively managing duration, yield curve positioning, sector allocation and security selection.
A liquidity solution designed to bridge the gap between cash and short duration investing while preserving principal and mitigating risk.
The strategy seeks to deliver yields in excess of a money market fund with higher quality and lower volatility expectations than short duration bond strategies. An active investment process emphasizing macro analysis, credit research and risk management seeks to deliver alpha by actively managing duration, yield curve positioning, sector allocation and security selection.
A liquidity solution designed to bridge the gap between cash and short duration investing while preserving principal and mitigating risk.
The strategy seeks to deliver yields in excess of a money market fund with higher quality and lower volatility expectations than short duration bond strategies. An active investment process emphasizing macro analysis, credit research and risk management seeks to deliver alpha by actively managing duration, yield curve positioning, sector allocation and security selection.
A liquidity solution offered for the Euro, Sterling and US Dollar that seeks to achieve a return in line with prevailing money market rates.
The strategies follow a conservative investment approach, investing in high quality fixed income securities denominated in the base currency of the strategy in an effort to preserve capital, maintain liquidity, and generate current income.
The strategy seeks to deliver yields in excess of a money market fund with higher quality and lower volatility expectations than short duration bond strategies.
An active investment process emphasizing macro analysis, credit research, risk management and sustainability seeks to deliver alpha by actively managing duration, yield curve positioning, sector allocation and security selection.
The strategy seeks to deliver yields in excess of a money market fund with higher quality and lower volatility expectations than short duration bond strategies.
An active investment process emphasizing macro analysis, credit research, risk management and sustainability seeks to deliver alpha by actively managing duration, yield curve positioning, sector allocation and security selection.
A liquidity solution offered for the Euro, Sterling and US Dollar that seeks to achieve a return in line with prevailing money market rates.
The strategies follow a conservative investment approach, investing in high quality fixed income securities denominated in the base currency of the strategy in an effort to preserve capital, maintain liquidity, and generate current income.
The strategy seeks to deliver yields in excess of a money market fund with higher quality and lower volatility expectations than short duration bond strategies.
An active investment process emphasizing macro analysis, credit research, risk management and sustainability seeks to deliver alpha by actively managing duration, yield curve positioning, sector allocation and security selection.
The strategy seeks to deliver yields in excess of a money market fund with higher quality and lower volatility expectations than short duration bond strategies.
An active investment process emphasizing macro analysis, credit research, risk management and sustainability seeks to deliver alpha by actively managing duration, yield curve positioning, sector allocation and security selection.
A liquidity solution designed to bridge the gap between cash and short duration investing while preserving principal and mitigating risk.
The strategy seeks to deliver yields in excess of a money market fund with higher quality and lower volatility expectations than short duration bond strategies. An active investment process emphasizing macro analysis, credit research and risk management seeks to deliver alpha by actively managing duration, yield curve positioning, sector allocation and security selection.
A liquidity solution designed to bridge the gap between cash and short duration investing while preserving principal and mitigating risk.
The strategy seeks to deliver yields in excess of a money market fund with higher quality and lower volatility expectations than short duration bond strategies. An active investment process emphasizing macro analysis, credit research and risk management seeks to deliver alpha by actively managing duration, yield curve positioning, sector allocation and security selection.
Disclosures: Factor returns are defined as the equally weighted top or bottom 20% of the Russell 3000® Index. Ranking is based on exposure to factor as defined by Barra (Value, Momentum, Volatility, Dividend Yield), Northern Trust (Quality) and Market Cap (size). Factors are winsorized to remove extreme 5% of the outliers. Past performance is no guarantee of future results. Index performance returns do not reflect any management fees, transaction costs or expenses. It is not possible to invest directly in an index. The Russell 3000® Index returned 21.1% and -5.2% for the 1-year period ending 12/31/2017 and 12/31/2018, respectively, and 7.9% for the 15-year (annualized) period ending 12/31/2018.
Disclosures: Factor returns are defined as the equally weighted top or bottom 20% of the Russell 3000® Index. Ranking is based on exposure to factor as defined by Barra (Value, Momentum, Volatility, Dividend Yield), Northern Trust (Quality) and Market Cap (size). Factors are winsorized to remove extreme 5% of the outliers. Past performance is no guarantee of future results. Index performance returns do not reflect any management fees, transaction costs or expenses. It is not possible to invest directly in an index. The Russell 3000® Index returned 21.1% and -5.2% for the 1-year period ending 12/31/2017 and 12/31/2018, respectively, and 7.9% for the 15-year (annualized) period ending 12/31/2018.
Disclosures: Factor returns are defined as the equally weighted top or bottom 20% of the Russell 3000® Index. Ranking is based on exposure to factor as defined by Barra (Value, Momentum, Volatility, Dividend Yield), Northern Trust (Quality) and Market Cap (size). Factors are winsorized to remove extreme 5% of the outliers. Past performance is no guarantee of future results. Index performance returns do not reflect any management fees, transaction costs or expenses. It is not possible to invest directly in an index. The Russell 3000® Index returned 21.1% and -5.2% for the 1-year period ending 12/31/2017 and 12/31/2018, respectively, and 7.9% for the 15-year (annualized) period ending 12/31/2018.
Past performance is no guarantee of future results. Index performance returns do not reflect any management fees, transaction costs or expenses. It is not possible to invest directly in an index. Analysis of the total return of the Russell 1000® Index from 12/31/78-12/31/18 into dividend contribution and price return of the index.
Disclosures: Factor returns are defined as the equally weighted top or bottom 20% of the Russell 3000® Index. Ranking is based on exposure to factor as defined by Barra (Value, Momentum, Volatility, Dividend Yield), Northern Trust (Quality) and Market Cap (size). Factors are winsorized to remove extreme 5% of the outliers. Past performance is no guarantee of future results. Index performance returns do not reflect any management fees, transaction costs or expenses. It is not possible to invest directly in an index. The Russell 3000® Index returned 21.1% and -5.2% for the 1-year period ending 12/31/2017 and 12/31/2018, respectively, and 7.9% for the 15-year (annualized) period ending 12/31/2018.
The momentum factor returned 18% and -7.5% for the 1-year period ending 12/31/2017 and 12/31/2018, respectively, and 7.8% for the 15-year (annualized) period ending 12/31/2018.
Disclosures: Factor returns are defined as the equally weighted top or bottom 20% of the Russell 3000® Index. Ranking is based on exposure to factor as defined by Barra (Value, Momentum, Volatility, Dividend Yield), Northern Trust (Quality) and Market Cap (size). Factors are winsorized to remove extreme 5% of the outliers. Past performance is no guarantee of future results. Index performance returns do not reflect any management fees, transaction costs or expenses. It is not possible to invest directly in an index. The Russell 3000® Index returned 21.1% and -5.2% for the 1-year period ending 12/31/2017 and 12/31/2018, respectively, and 7.9% for the 15-year (annualized) period ending 12/31/2018.
Northern Trust Asset Management is a global investment manager that helps investors navigate changing market environments, so they can confidently realize their long-term objectives.
Entrusted with $999.1 billion of investor assets as of September 30, 2022, we understand that investing ultimately serves a greater purpose and believe investors should be compensated for the risks they take — in all market environments and any investment strategy.
That’s why we combine robust capital markets research, expert portfolio construction and comprehensive risk management to craft innovative and efficient solutions that deliver targeted investment outcomes.
As engaged contributors to our communities, we consider it a great privilege to serve our investors and our communities with integrity, respect, and transparency.
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