Northern Active M Emerging Market Equity Fund (NMMEX)
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. It utilizes a "multi-manager" approach whereby the fund's assets are allocated to one or more sub-advisers, in percentages determined at the discretion of the fund's investment advisers. The fund's sub-advisers may also consider emerging and frontier markets as classified by the World Bank, International Finance Corporation or the United Nations and other similar agencies.
Fund Info
US6651624834
665162483
Nov 18, 2008
$2,500
Large-Cap
Blend
Expense Ratio
NMMEX has a high expense ratio of 1.10%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Northern Active M Emerging Market Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Northern Active M Emerging Market Equity Fund had a return of 4.79% year-to-date (YTD) and 10.79% in the last 12 months. Over the past 10 years, Northern Active M Emerging Market Equity Fund had an annualized return of -0.34%, while the S&P 500 had an annualized return of 11.29%, indicating that Northern Active M Emerging Market Equity Fund did not perform as well as the benchmark.
NMMEX
4.79%
4.79%
1.91%
10.79%
-3.19%
-0.34%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of NMMEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.28% | 4.79% | |||||||||||
| 2024 | -3.64% | 4.74% | 2.90% | -2.61% | 2.83% | 4.33% | -0.86% | 1.99% | 3.19% | -3.41% | -1.63% | -0.88% | 6.63% |
| 2023 | 8.02% | -5.68% | 3.40% | -1.27% | -2.65% | 5.12% | 5.02% | -4.57% | -2.80% | -3.87% | 8.12% | 4.03% | 12.12% |
| 2022 | -2.78% | -3.61% | -0.65% | -7.54% | 1.62% | -7.47% | -0.45% | -1.35% | -9.67% | 1.01% | 11.10% | -3.60% | -22.33% |
| 2021 | 2.25% | 0.45% | -0.85% | 1.31% | 2.00% | 0.44% | -4.78% | 2.83% | -5.24% | 1.87% | -4.28% | -19.28% | -22.80% |
| 2020 | -4.13% | -5.42% | -17.92% | 8.90% | 2.07% | 6.65% | 9.30% | 2.43% | -0.26% | 1.76% | 9.04% | 2.35% | 11.89% |
| 2019 | 7.92% | -1.06% | -0.26% | 2.67% | -7.05% | 5.91% | -1.32% | -3.45% | 2.72% | 3.16% | -0.15% | 3.15% | 11.94% |
| 2018 | 8.66% | -4.24% | -0.00% | -1.68% | -4.19% | -4.46% | 2.80% | -2.96% | -0.25% | -8.35% | 2.32% | -2.62% | -14.90% |
| 2017 | 6.92% | 2.51% | 2.67% | 1.44% | 2.89% | 0.53% | 5.65% | 2.85% | -0.73% | 3.33% | -0.19% | 3.08% | 35.41% |
| 2016 | -5.38% | -0.80% | 12.77% | 1.43% | -4.04% | 4.28% | 5.84% | 1.21% | 1.62% | 0.94% | -4.55% | -0.04% | 12.64% |
| 2015 | 0.17% | 3.15% | -2.14% | 6.96% | -3.53% | -2.76% | -6.39% | -8.23% | -2.54% | 5.81% | -3.33% | -5.75% | -18.12% |
| 2014 | -6.09% | 3.02% | 2.98% | 0.32% | 3.26% | 1.98% | 1.70% | 2.50% | -7.46% | 0.83% | -0.67% | -5.78% | -4.19% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NMMEX is 34, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Northern Active M Emerging Market Equity Fund (NMMEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Northern Active M Emerging Market Equity Fund provided a 0.77% dividend yield over the last twelve months, with an annual payout of $0.12 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.12 | $0.12 | $0.26 | $0.11 | $0.36 | $0.20 | $0.88 | $0.18 | $0.00 | $0.31 | $0.28 | $0.20 |
Dividend yield | 0.77% | 0.80% | 1.82% | 0.89% | 2.20% | 0.92% | 4.50% | 0.99% | 0.00% | 1.90% | 1.92% | 1.08% |
Monthly Dividends
The table displays the monthly dividend distributions for Northern Active M Emerging Market Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.88 | $0.88 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2014 | $0.20 | $0.20 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Northern Active M Emerging Market Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Northern Active M Emerging Market Equity Fund was 50.64%, occurring on Oct 14, 2022. The portfolio has not yet recovered.
The current Northern Active M Emerging Market Equity Fund drawdown is 32.58%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -50.64% | Feb 17, 2021 | 420 | Oct 14, 2022 | — | — | — |
| -45.61% | Nov 8, 2010 | 1307 | Jan 20, 2016 | 503 | Jan 18, 2018 | 1810 |
| -42.04% | Jan 29, 2018 | 541 | Mar 23, 2020 | 201 | Jan 7, 2021 | 742 |
| -22.78% | Jan 7, 2009 | 37 | Mar 2, 2009 | 23 | Apr 2, 2009 | 60 |
| -15.61% | Apr 15, 2010 | 29 | May 25, 2010 | 75 | Sep 10, 2010 | 104 |
Volatility
Volatility Chart
The current Northern Active M Emerging Market Equity Fund volatility is 3.76%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.