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Trending ETFs

Name

As of 12/11/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$12.75

$487 M

2.92%

$0.37

0.94%

Vitals

YTD Return

9.7%

1 yr return

13.4%

3 Yr Avg Return

3.8%

5 Yr Avg Return

7.4%

Net Assets

$487 M

Holdings in Top 10

13.2%

52 WEEK LOW AND HIGH

$12.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.94%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 41.19%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$2,500

IRA

$500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/11/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$12.75

$487 M

2.92%

$0.37

0.94%

NMIEX - Profile

Distributions

  • YTD Total Return 9.7%
  • 3 Yr Annualized Total Return 3.8%
  • 5 Yr Annualized Total Return 7.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.10%
DIVIDENDS
  • Dividend Yield 2.9%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    ACTIVE M INTERNATIONAL EQUITY FUND
  • Fund Family Name
    Northern Trust
  • Inception Date
    Jun 22, 2006
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Christopher Vella

Fund Description

In seeking long-term capital appreciation, the Fund will invest, under normal circumstances, at least 80% of its net assets in equity securities of issuers domiciled outside the U.S. The Fund may invest in companies of any size located in a number of countries throughout the world but primarily invests in companies domiciled in developed markets. The Fund may invest up to 40% of its net assets in issuers domiciled in emerging markets (i.e., those that are generally in the early stages of their industrial cycles).
The Fund 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 NTI. Each sub-adviser acts independently from the others and utilizes its own distinct investment style in selecting securities. However, each sub-adviser must operate within the constraints of the Fund’s investment objective, strategies and restrictions.
When determining the allocations and reallocations to sub-advisers, NTI will consider a variety of factors, including but not limited to the sub-adviser’s style, historical performance, and the characteristics of each sub-adviser’s allocated assets (including capitalization, growth and profitability measures, valuation metrics, economic sector exposures, and earnings and volatility statistics). NTI seeks, through its selection of
sub‑advisers and its allocation determinations, to reduce portfolio volatility and provide an attractive combination of risk and return for the Fund.
From time to time the Fund may have a focused investment (i.e., investment exposure comprising more than 15% of its total assets) in one or more particular sectors, countries or geographic regions. As of March 31, 2024, the Fund had focused investments in the financials and industrials sectors, and in the United Kingdom and European Union.
The sub-advisers may engage in active trading, and will not consider portfolio turnover a limiting factor in making decisions for the Fund.
Read More

NMIEX - Performance

Return Ranking - Trailing

Period NMIEX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.7% -3.4% 32.4% 42.81%
1 Yr 13.4% -1.8% 38.8% 50.39%
3 Yr 3.8%* -13.6% 48.1% 31.27%
5 Yr 7.4%* -34.2% 74.9% 14.94%
10 Yr 6.2%* 1.2% 32.4% 20.73%

* Annualized

Return Ranking - Calendar

Period NMIEX Return Category Return Low Category Return High Rank in Category (%)
2023 12.8% -1.4% 22.0% 54.63%
2022 -18.4% -43.6% 71.3% 54.24%
2021 3.4% -28.5% 18.9% 61.95%
2020 10.8% -90.1% 992.1% 35.28%
2019 16.1% -1.9% 38.8% 82.45%

Total Return Ranking - Trailing

Period NMIEX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.7% -3.4% 32.4% 42.81%
1 Yr 13.4% -1.8% 38.8% 50.39%
3 Yr 3.8%* -13.6% 48.1% 31.27%
5 Yr 7.4%* -34.2% 74.9% 14.94%
10 Yr 6.2%* 1.2% 32.4% 20.73%

* Annualized

Total Return Ranking - Calendar

Period NMIEX Return Category Return Low Category Return High Rank in Category (%)
2023 20.7% 3.2% 23.8% 4.08%
2022 -17.1% -43.6% 144.8% 67.36%
2021 14.4% -22.6% 56.0% 7.32%
2020 11.7% -89.7% 1010.8% 38.13%
2019 22.9% 4.3% 38.8% 43.09%

NAV & Total Return History


NMIEX - Holdings

Concentration Analysis

NMIEX Category Low Category High NMIEX % Rank
Net Assets 487 M 3.3 M 425 B 60.37%
Number of Holdings 502 1 10481 22.46%
Net Assets in Top 10 67.8 M 1.01 M 47.5 B 72.54%
Weighting of Top 10 13.22% 4.6% 147.7% 91.05%

Top 10 Holdings

  1. FUT. ICUS MSCI EAF DEC24 1.77%
  2. Novo Nordisk A/S SER'B'DKK0.1 1.65%
  3. Northern Institutional Funds GOVT PTFL 1.54%
  4. Northern Institutional Funds GOVT PTFL 1.34%
  5. Taiwan Semiconductor Manufacturing Co., Ltd. TWD10 1.31%
  6. Ferrari N V COM EUR0.01 1.21%
  7. Safran SA EUR0.20 1.17%
  8. Icon PLC ORD EUR0.06 1.15%
  9. AstraZeneca PLC ORD USD0.25 1.08%
  10. Sea Ltd. ADS EACH REP ONE CL A SHS 1.01%

Asset Allocation

Weighting Return Low Return High NMIEX % Rank
Stocks
94.03% 0.00% 102.63% 89.24%
Cash
4.06% 0.00% 44.84% 17.32%
Other
1.77% -2.12% 47.54% 10.76%
Preferred Stocks
1.05% -0.05% 6.89% 19.19%
Bonds
0.06% 0.00% 95.29% 7.33%
Convertible Bonds
0.00% 0.00% 4.18% 24.10%

Stock Sector Breakdown

Weighting Return Low Return High NMIEX % Rank
Financial Services
19.15% 0.00% 47.75% 35.52%
Healthcare
15.84% 0.00% 20.35% 9.60%
Industrials
15.30% 5.17% 99.49% 40.80%
Technology
12.39% 0.00% 36.32% 40.96%
Consumer Cyclical
11.44% 0.00% 36.36% 26.56%
Energy
6.58% 0.00% 16.89% 14.72%
Consumer Defense
5.85% 0.00% 32.29% 89.92%
Basic Materials
5.15% 0.00% 23.86% 84.80%
Communication Services
3.71% 0.00% 21.69% 85.44%
Real Estate
2.53% 0.00% 14.59% 33.92%
Utilities
2.04% 0.00% 13.68% 66.72%

Stock Geographic Breakdown

Weighting Return Low Return High NMIEX % Rank
Non US
76.98% 0.00% 99.44% 83.46%
US
17.05% 0.00% 102.01% 12.01%

Bond Sector Breakdown

Weighting Return Low Return High NMIEX % Rank
Cash & Equivalents
4.06% -1.87% 100.00% 16.69%
Derivative
1.77% -2.12% 47.54% 4.06%
Securitized
0.00% 0.00% 47.51% 24.31%
Corporate
0.00% 0.00% 100.00% 41.65%
Municipal
0.00% 0.00% 0.17% 24.31%
Government
0.00% 0.00% 44.25% 29.01%

Bond Geographic Breakdown

Weighting Return Low Return High NMIEX % Rank
US
0.06% 0.00% 87.90% 6.71%
Non US
0.00% 0.00% 8.52% 23.56%

NMIEX - Expenses

Operational Fees

NMIEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.94% 0.01% 19.62% 56.41%
Management Fee 0.82% 0.00% 1.65% 83.83%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.00% 76.00%

Sales Fees

NMIEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

NMIEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 25.93%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

NMIEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 41.19% 2.00% 247.00% 59.93%

NMIEX - Distributions

Dividend Yield Analysis

NMIEX Category Low Category High NMIEX % Rank
Dividend Yield 2.92% 0.00% 17.49% 1.87%

Dividend Distribution Analysis

NMIEX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

NMIEX Category Low Category High NMIEX % Rank
Net Income Ratio 1.10% -0.93% 6.38% 70.08%

Capital Gain Distribution Analysis

NMIEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

NMIEX - Fund Manager Analysis

Managers

Christopher Vella


Start Date

Tenure

Tenure Rank

Jan 05, 2012

10.41

10.4%

Christopher E. Vella, CFA, CIO, Senior Vice President of Northern Trust Investments, Inc, is the portfolio manager for each of the Funds. Mr. Vella has been with Northern Trust since 2004 and has been the Chief Investment Officer of Multi-Manager Solutions Group since 2011. Prior to taking on Chief Investment Officer responsibilities, Mr. Vella was the Global Director of Northern’s Manager Research Team.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.35 6.32 3.25