XML 14 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName NORTHERN FUNDS
Prospectus Date rr_ProspectusDate Jul. 31, 2013
Supplement [Text Block] nf_SupplementTextBlock

 

PROSPECTUS SUPPLEMENT

 

NORTHERN FUNDS

MULTI-MANAGER FUNDS

SUPPLEMENT DATED JANUARY 10, 2014 TO PROSPECTUS DATED JULY 31, 2013

 

1. Northern Trust Investments, Inc. increased the expense reimbursements it provides to certain Northern Multi-Manager Funds effective as of January 1, 2014. This increase in expense reimbursements has the effect of reducing the Total Annual Fund Operating Expenses paid by investors. These new contractual expense reimbursement arrangements continue from implementation until at least July 31, 2015. The following chart illustrates the increase in expense reimbursements:

 

Fund    Total Annual
Fund Operating
Expenses After
Expense
Reimbursement
   Operating
Expense
Reduction
   Total Annual
Fund Operating
Expenses After
Expense
Reimbursement
Effective
1/1/2014
Multi-Manager International Equity
   1.37%    -0.15%    1.22%
Multi-Manager Large Cap
   1.11%    -0.20%    0.91%
Multi-Manager Small Cap
   1.31%    -0.20%    1.11%

 

2. The first paragraph under “Example” in the section entitled “FUND SUMMARIES” on pages 15, 19 and 27 of the Prospectus is amended and restated for the Multi-Manager International Equity Fund, Multi-Manager Large Cap Fund and Multi-Manager Small Cap Fund, respectively, as follows:

The following Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

Fund  
1 Year
 
3 Years
 
5 Years
 
10 Years
Multi-Manager International Equity
  $124   $436   $770   $1,716
Multi-Manager Large Cap
  $  93   $352   $632   $1,429
Multi-Manager Small Cap
  $113   $419   $747   $1,675
NORTHERN MULTI-MANAGER INTERNATIONAL EQUITY FUND
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] nf_SupplementTextBlock

 

PROSPECTUS SUPPLEMENT

 

NORTHERN FUNDS

MULTI-MANAGER FUNDS

SUPPLEMENT DATED JANUARY 10, 2014 TO PROSPECTUS DATED JULY 31, 2013

 

1. Northern Trust Investments, Inc. increased the expense reimbursements it provides to certain Northern Multi-Manager Funds effective as of January 1, 2014. This increase in expense reimbursements has the effect of reducing the Total Annual Fund Operating Expenses paid by investors. These new contractual expense reimbursement arrangements continue from implementation until at least July 31, 2015. The following chart illustrates the increase in expense reimbursements:

 

Fund    Total Annual
Fund Operating
Expenses After
Expense
Reimbursement
   Operating
Expense
Reduction
   Total Annual
Fund Operating
Expenses After
Expense
Reimbursement
Effective
1/1/2014
Multi-Manager International Equity
   1.37%    -0.15%    1.22%
Multi-Manager Large Cap
   1.11%    -0.20%    0.91%
Multi-Manager Small Cap
   1.31%    -0.20%    1.11%

 

2. The first paragraph under “Example” in the section entitled “FUND SUMMARIES” on pages 15, 19 and 27 of the Prospectus is amended and restated for the Multi-Manager International Equity Fund, Multi-Manager Large Cap Fund and Multi-Manager Small Cap Fund, respectively, as follows:

The following Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

Fund  
1 Year
 
3 Years
 
5 Years
 
10 Years
Multi-Manager International Equity
  $124   $436   $770   $1,716
Multi-Manager Large Cap
  $  93   $352   $632   $1,429
Multi-Manager Small Cap
  $113   $419   $747   $1,675
NORTHERN MULTI-MANAGER LARGE CAP FUND
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] nf_SupplementTextBlock

 

PROSPECTUS SUPPLEMENT

 

NORTHERN FUNDS

MULTI-MANAGER FUNDS

SUPPLEMENT DATED JANUARY 10, 2014 TO PROSPECTUS DATED JULY 31, 2013

 

1. Northern Trust Investments, Inc. increased the expense reimbursements it provides to certain Northern Multi-Manager Funds effective as of January 1, 2014. This increase in expense reimbursements has the effect of reducing the Total Annual Fund Operating Expenses paid by investors. These new contractual expense reimbursement arrangements continue from implementation until at least July 31, 2015. The following chart illustrates the increase in expense reimbursements:

 

Fund    Total Annual
Fund Operating
Expenses After
Expense
Reimbursement
   Operating
Expense
Reduction
   Total Annual
Fund Operating
Expenses After
Expense
Reimbursement
Effective
1/1/2014
Multi-Manager International Equity
   1.37%    -0.15%    1.22%
Multi-Manager Large Cap
   1.11%    -0.20%    0.91%
Multi-Manager Small Cap
   1.31%    -0.20%    1.11%

 

2. The first paragraph under “Example” in the section entitled “FUND SUMMARIES” on pages 15, 19 and 27 of the Prospectus is amended and restated for the Multi-Manager International Equity Fund, Multi-Manager Large Cap Fund and Multi-Manager Small Cap Fund, respectively, as follows:

The following Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

Fund  
1 Year
 
3 Years
 
5 Years
 
10 Years
Multi-Manager International Equity
  $124   $436   $770   $1,716
Multi-Manager Large Cap
  $  93   $352   $632   $1,429
Multi-Manager Small Cap
  $113   $419   $747   $1,675
NORTHERN MULTI-MANAGER SMALL CAP FUND
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] nf_SupplementTextBlock

 

PROSPECTUS SUPPLEMENT

 

NORTHERN FUNDS

MULTI-MANAGER FUNDS

SUPPLEMENT DATED JANUARY 10, 2014 TO PROSPECTUS DATED JULY 31, 2013

 

1. Northern Trust Investments, Inc. increased the expense reimbursements it provides to certain Northern Multi-Manager Funds effective as of January 1, 2014. This increase in expense reimbursements has the effect of reducing the Total Annual Fund Operating Expenses paid by investors. These new contractual expense reimbursement arrangements continue from implementation until at least July 31, 2015. The following chart illustrates the increase in expense reimbursements:

 

Fund    Total Annual
Fund Operating
Expenses After
Expense
Reimbursement
   Operating
Expense
Reduction
   Total Annual
Fund Operating
Expenses After
Expense
Reimbursement
Effective
1/1/2014
Multi-Manager International Equity
   1.37%    -0.15%    1.22%
Multi-Manager Large Cap
   1.11%    -0.20%    0.91%
Multi-Manager Small Cap
   1.31%    -0.20%    1.11%

 

2. The first paragraph under “Example” in the section entitled “FUND SUMMARIES” on pages 15, 19 and 27 of the Prospectus is amended and restated for the Multi-Manager International Equity Fund, Multi-Manager Large Cap Fund and Multi-Manager Small Cap Fund, respectively, as follows:

The following Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

Fund  
1 Year
 
3 Years
 
5 Years
 
10 Years
Multi-Manager International Equity
  $124   $436   $770   $1,716
Multi-Manager Large Cap
  $  93   $352   $632   $1,429
Multi-Manager Small Cap
  $113   $419   $747   $1,675