Northern Multi-Manager Small Cap Fund (NMMSX)

11.85
Net Asset Value
+0.42%
1 Day
+3.04%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
1.17%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide long-term capital appreciation. The fund invests at least 80% of its net assets in equity securities of small capitalization companies whose market capitalization is generally within the range of the capitalization of companies in the Russell 2000 ® Index or the S&P SmallCap 600 ® Index. It utilizes a "multi-manager" approach whereby the fund's assets are allocated to one or more sub-advisers, at the discretion of the Investment Adviser. The fund may make significant investments in initial public offerings ("IPOs").

Performance

1 month+6.18% 3 years+21.79%
3 months+2.33% 5 years+15.45%
1 year+5.81% Since inception+6.54%
Data through --

Peer Comparisonvs. Small growth

 NMMSXCategory
Performance 5-yr return+15.45%+14.84%
Expense ratio1.17%1.41%
Risk 5 year sharpe ratio0.970.99
Net assets$351.7M$781.7M
Average market cap$1.8B$2.8B
Average P/E21.127.4
Portfolio turnover42%42%

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Fund Management and Purchase Info

Fund familyNorthern Funds
Fund manager & tenureJessica Hart / 5 Years
Minimal initial investment$2,500.00
Minimum IRA investment$500.00

Holdings

U.S. stock92.21%
International stock7.54%
Cash0.18%
Fixed income0.07%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 16.55%
Business service 14.01%
Healthcare 10.44%
Industrial materials 10.40%
Hardware 9.21%
Top 10 Holdings
Portfolio weighting
MMS Maximus Inc1.84%
TRAK Dealertrack Technologies Inc1.83%
RRTS Roadrunner Transportation Systems Inc1.51%
ABCO The Advisory Board Co1.44%
CSGP CoStar Group Inc1.38%
AKRX Akorn Inc1.32%
ICLR Icon PLC1.22%
CNW Con-way Inc1.19%
DOOR Masonite International Corp1.14%
ULTI Ultimate Software Group Inc1.14%

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