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Trending ETFs

Name

As of 11/29/2024

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

$15.06

$154 M

1.69%

$0.25

1.42%

Vitals

YTD Return

7.6%

1 yr return

11.9%

3 Yr Avg Return

-1.1%

5 Yr Avg Return

3.3%

Net Assets

$154 M

Holdings in Top 10

24.4%

52 WEEK LOW AND HIGH

$15.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.42%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 99.51%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$2,500

IRA

$500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 11/29/2024

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

$15.06

$154 M

1.69%

$0.25

1.42%

NMMEX - Profile

Distributions

  • YTD Total Return 7.6%
  • 3 Yr Annualized Total Return -1.1%
  • 5 Yr Annualized Total Return 3.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.01%
DIVIDENDS
  • Dividend Yield 1.7%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    ACTIVE M EMERGING MARKETS EQUITY FUND
  • Fund Family Name
    Northern Trust
  • Inception Date
    Nov 19, 2008
  • 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 in emerging and frontier markets. Emerging and frontier markets are defined as those markets included in the MSCI Emerging Markets® Index and MSCI Frontier Markets® Index. 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. The Fund may invest in companies of any size located in a number of countries throughout the world. The principal types of equity securities in which the Fund invests include common stock, American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”). The Fund’s common stock investments also include China A-shares (shares of companies based in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange).
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 or countries. As of March 31, 2024, the Fund had focused investments in the consumer discretionary and information technology sectors, and in India and South Korea.
The sub-advisers may engage in active trading, and will not consider portfolio turnover a limiting factor in making decisions for the Fund.
Morgan Stanley Capital International, Inc. (“MSCI”) does not endorse any of the securities in the MSCI Emerging Markets Index or MSCI Frontier Markets Index. It is not a sponsor of the Active M Emerging Markets Equity Fund and is not affiliated with the Fund in any way.
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NMMEX - Performance

Return Ranking - Trailing

Period NMMEX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.6% -11.9% 36.1% 53.78%
1 Yr 11.9% -8.2% 39.4% 50.64%
3 Yr -1.1%* -11.7% 11.8% 38.91%
5 Yr 3.3%* -5.2% 11.7% 47.38%
10 Yr 2.8%* -1.9% 6.5% 54.29%

* Annualized

Return Ranking - Calendar

Period NMMEX Return Category Return Low Category Return High Rank in Category (%)
2023 10.1% -6.5% 35.5% 34.52%
2022 -23.0% -50.1% -2.4% 35.19%
2021 -24.1% -33.1% 22.5% 97.83%
2020 10.9% -22.1% 80.1% 72.40%
2019 7.3% -0.7% 42.0% 95.97%

Total Return Ranking - Trailing

Period NMMEX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.6% -11.9% 36.1% 53.78%
1 Yr 11.9% -8.2% 39.4% 50.64%
3 Yr -1.1%* -11.7% 11.8% 38.91%
5 Yr 3.3%* -5.2% 11.7% 47.38%
10 Yr 2.8%* -1.9% 6.5% 54.29%

* Annualized

Total Return Ranking - Calendar

Period NMMEX Return Category Return Low Category Return High Rank in Category (%)
2023 12.1% -1.0% 42.0% 40.06%
2022 -22.3% -42.2% 1.9% 47.21%
2021 -1.2% -32.5% 33.1% 50.16%
2020 18.8% -20.0% 81.6% 44.64%
2019 16.2% 2.3% 42.0% 84.03%

NAV & Total Return History


NMMEX - Holdings

Concentration Analysis

NMMEX Category Low Category High NMMEX % Rank
Net Assets 154 M 682 K 103 B 69.93%
Number of Holdings 200 2 7534 26.95%
Net Assets in Top 10 41.7 M 290 K 23.8 B 72.20%
Weighting of Top 10 24.38% 2.9% 101.1% 85.23%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co., Ltd. TWD10 4.26%
  2. Tencent Holdings Ltd. HKD0.00002 3.65%
  3. Taiwan Semiconductor Manufacturing Co., Ltd. TWD10 3.04%
  4. Tencent Holdings Ltd. HKD0.00002 2.04%
  5. Tata Consultancy Services Ltd. INR1 2.01%
  6. FUT. ICUS MSCI EMG DEC24 1.95%
  7. Northern Institutional Funds GOVT PTFL 1.90%
  8. Samsung Electronics Co Ltd. KRW100 1.87%
  9. Hero Motocorp Ltd. INR2 1.86%
  10. Hyundai Motor Co. KRW5000 1.78%

Asset Allocation

Weighting Return Low Return High NMMEX % Rank
Stocks
96.58% 0.00% 103.28% 63.69%
Cash
3.17% -2.03% 100.35% 22.70%
Other
1.95% -1.11% 39.53% 4.96%
Preferred Stocks
0.79% 0.00% 13.31% 44.54%
Bonds
0.07% 0.00% 95.13% 10.21%
Convertible Bonds
0.00% 0.00% 7.40% 41.57%

Stock Sector Breakdown

Weighting Return Low Return High NMMEX % Rank
Technology
25.34% 0.00% 47.50% 32.61%
Financial Services
22.50% 0.00% 48.86% 45.55%
Consumer Cyclical
10.42% 0.00% 48.94% 74.43%
Consumer Defense
9.03% 0.00% 25.90% 19.54%
Industrials
8.15% 0.00% 43.53% 25.00%
Basic Materials
7.14% 0.00% 30.03% 63.07%
Communication Services
6.40% 0.00% 39.29% 79.89%
Energy
4.57% 0.00% 24.80% 46.84%
Healthcare
3.73% 0.00% 16.53% 54.89%
Real Estate
1.82% 0.00% 17.15% 42.96%
Utilities
0.90% 0.00% 39.12% 59.34%

Stock Geographic Breakdown

Weighting Return Low Return High NMMEX % Rank
Non US
81.13% 0.00% 100.52% 67.80%
US
15.45% 0.00% 100.95% 29.36%

Bond Sector Breakdown

Weighting Return Low Return High NMMEX % Rank
Corporate
65.35% 0.00% 100.00% 3.04%
Cash & Equivalents
3.17% 0.00% 100.35% 19.15%
Derivative
1.95% -1.11% 74.21% 3.26%
Securitized
0.00% 0.00% 23.79% 40.43%
Municipal
0.00% 0.00% 0.32% 40.43%
Government
0.00% 0.00% 67.78% 47.68%

Bond Geographic Breakdown

Weighting Return Low Return High NMMEX % Rank
US
0.07% 0.00% 88.30% 10.21%
Non US
0.00% 0.00% 64.37% 42.98%

NMMEX - Expenses

Operational Fees

NMMEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.42% 0.03% 29.98% 43.10%
Management Fee 1.08% 0.00% 2.00% 90.48%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.85% 72.31%

Sales Fees

NMMEX 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% 5.00% N/A

Trading Fees

NMMEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 42.59%

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.

NMMEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 99.51% 0.00% 189.00% 87.41%

NMMEX - Distributions

Dividend Yield Analysis

NMMEX Category Low Category High NMMEX % Rank
Dividend Yield 1.69% 0.00% 9.74% 49.93%

Dividend Distribution Analysis

NMMEX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Quarterly Annual

Net Income Ratio Analysis

NMMEX Category Low Category High NMMEX % Rank
Net Income Ratio 1.01% -1.98% 17.62% 39.76%

Capital Gain Distribution Analysis

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

Distributions History

View More +

NMMEX - 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
0.09 33.71 6.67 13.42