World Selection Index Fund
Northern Funds · 2 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
World Selection Index Fund is a global equity index fund that tracks the MSCI World Selection Index.
- Asset class
- Equity
- Region
- Global
- Management
- Index (passive)
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2025 Q3
The Fund seeks to provide investment results approximating the overall performance of the securities included in the MSCI World Selection Index TM (the Index).
The fund tracks the MSCI World Selection Index, which comprises developed-market companies selected from the MSCI World Index based on environmental, social, and governance ratings and controversy scores, while excluding companies involved in fossil fuel extraction, thermal coal, controversial weapons, tobacco, and other specified activities. The fund holds substantially all index constituents in weights approximating the index, though it may use optimization to improve tax efficiency or reduce tracking costs, which can cause performance to diverge from the index. The fund may not immediately sell securities that subsequently become ineligible under the index's ESG criteria.
| Share class | Expense ratio |
|---|---|
| NSRKX | 0.24% |
| NSRIX | 0.29% |
Portfolio turnover 13.38% · as of 2025 Q3
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.19% |
| Derivatives | 1.85% |
| Cash & short-term | 1.37% |
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Information Technology | 24.8% |
| International | 24.1% |
| Financials | 9.9% |
| Communication Services | 9.0% |
| 10 smaller | 32.2% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +30.65% | +70.26% | +71.14% | 13.99% | -8.75% | |
| +30.75% | +70.05% | +70.84% | 14.04% | -8.80% |
These classes hold the same portfolio, so the 0.30pp spread over 5 years is the cost difference between them — roughly 0.06pp a year — not a difference in what they own.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| NVDA | NVIDIA CORPNVDA | 9.67% | $200.09 | $215.26M | 1.1M |
| MSFT | MICROSOFT CORP COMMSFT | 5.51% | $373.02 | $122.63M | 328.7K |
| GOOGL | ALPHABET INCGOOGL | 4.36% | $357.37 | $96.96M | 271.3K |
| GOOG | ALPHABET INCGOOG | 3.42% | $353.33 | $76.10M | 215.4K |
| TSLA | TESLA INCTSLA | 2.48% | $420.60 | $55.16M | 131.2K |
| LLY | ELI LILLY & CO COM NPVLLY | 2.02% | $1,199.43 | $44.89M | 37.4K |
| AMD | ADVANCED MICRO DEVICES INAMD | 1.98% | $580.91 | $44.14M | 76.0K |
| ASMLF | ASML HLDG. NVASMLF | 1.61% | $1,983.24 | $35.88M | 18.1K |
| — | International Monetary Market | 1.34% | — | $29.82M | — |
| — | NI US GOV T PORTFOLIO | 1.30% | — | $28.98M | — |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 33.68% of net assets, top 25 46.83%, across 673 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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