EX-99.(D)(5) 6 d494435dex99d5.htm AMENDED AND RESTATED EXHIBIT A TO THE MANAGEMENT AGREEMENT Amended and Restated Exhibit A to the Management Agreement

AMENDED AND RESTATED EXHIBIT A TO MANAGEMENT AGREEMENT – FUNDS AND MANAGEMENT FEES

Pursuant to Section 6(a) of the Management Agreement, the Trust shall pay NTI a fee at the annual rate calculated as a percentage of each Current Fund’s assets as set forth below:

 

Fund

     FEE RATE (%)  
   First $1 Billion   Next $1

Billion

  Over $2 Billion

Active M Emerging Markets Equity

   1.08%   1.048%   1.017%

Active M International Equity

   0.82%   0.795%   0.771%

Active M U.S. Equity

   0.64%   0.621%   0.602%

Multi-Manager Global Listed Infrastructure

   0.90%   0.873%   0.847%

Multi-Manager Global Real Estate

   0.89%   0.863%   0.837%

Northern Engage360™ Fund

   0.68%   0.66%   0.640%

Fund

     FEE RATE (%)  
   First $1.5 Billion   Next $1

Billion

  Over $2.5
Billion

Multi-Manager High Yield Opportunity

   0.83%   0.805%   0.781%

Multi-Manager Emerging Markets Debt Opportunity

   0.85%   0.825%   0.80%

Effective: November 17, 2017

 

NORTHERN FUNDS     THE NORTHERN TRUST COMPANY
By: /s/ Peter K. Ewing                         By: /s/ Randal Rein                    
Name: Peter K. Ewing                         Name: Randal Rein                    
Title: President                                    Title: Senior Vice President