For investors seeking an investment that emphasizes developed markets quality and low volatility.
The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex US Quality Low Volatility IndexSM (the “Underlying Index”).
The Northern Trust Developed Markets ex-US Quality Low Volatility Index (Underlying Index) is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to the Northern Trust Global Index, excluding the United States. The Underlying Index looks to select companies from the Parent Index that are designated as Large/Mid cap companies as defined by the Parent Index and exhibit financial strength and stability (i.e., quality) characteristics. The Underlying Index seeks to enhance risk-return characteristics and have lower volatility to the broader developed ex-US equity market.