Northern Trust Asset Management Announces Changes to Money Market Mutual Fund Suite
Share: Northern Trust Asset Management, which oversees $339 billion in liquidity and short-duration strategies globally as of Sept. 30, 2020, announced the following changes to its suite of money market mutual funds: The Northern Funds- Municipal Money Market Fund (NOMXX) and the Northern Institutional Funds- Municipal Portfolio (NMUXX) will both close to new investors on or about January 11, 2021. Final liquidating distribution of the funds assets will occur on or about February 12, 2021. A pr...
Source: benzinga.com