Northern Mid Cap Index Fund (NOMIX) NASDAQ
Currency In USD
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Currency In USD
Address
Northern Funds
Chicago, IL 60603
United States of America (the)
Phone
800-595-9111
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
March 23, 2005
The Northern Mid Cap Index Fund aims to allocate a substantial portion—specifically, a minimum of 80%—of its total net assets to equity securities that comprise the S&P MidCap 400® Index. Its strategy involves replicating the index's performance by holding these stocks in proportions that closely mirror their relative weighting within the benchmark. Additionally, the fund may invest in futures contracts based on the S&P MidCap 400 Index, provided these are authorized by the Commodity Futures Trading Commission (CFTC).