Northern Trust Asset Management Plans to Convert Six Mutual Funds to ETFs
Northern Trust Asset Management plans to convert six mutual funds with roughly $33 billion in combined assets into ETFs in the first quarter of 2027. The largest conversion is the $19.3B Northern Stock Index Fund into the Northern Trust MSCI US 500 ETF, alongside international, ultra-short fixed income, mid cap, small cap and equity income strategies.
Key figures
- Ntam aum
- $1.6 trillion
- Ntrs aua
- $20.0 trillion
- Ntrs aum
- $2.0 trillion
- Etf assets
- $27 billion
- Converted fund aum
- ["Northern Stock Index Fund $19.3B","Northern International Equity Index Fund $6.7B","Northern Tax-Advantaged Ultra-Short Fixed Income Fund $2.8B","Northern Mid Cap Index Fund $2.3B","Northern Small Cap Index Fund $1.6B","Northern Income Equity Fund $316M"]
AI analysis
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