EX-99.(D)(L)(I) 2 d920076dex99dli.htm EX-99.(D)(L)(I) EX-99.(d)(l)(i)

Exhibit (d)(1)(i)

AMENDED AND RESTATED EXHIBIT A – FUNDS AND MANAGEMENT FEES

Effective January 1, 2025, pursuant to Section 7(a) of the Management Agreement, the Trust shall pay to NTI a fee at the annual rate calculated as a percentage of each Fund’s assets as set forth below:

 

Fund

   Fee Rate (%)        
     First $1.5 Billion   Next $1 Billion   Over $2.5 Billion

Fixed Income

   0.43%   0.417%   0.404%

Limited Term U.S. Government Fund

   0.38%   0.369%   0.358%

Tax-Advantaged Ultra-Short Fixed Income

   0.23%   0.223%   0.216%

Ultra-Short Fixed Income

   0.23%   0.223%   0.216%

U.S. Government

   0.38%   0.369%   0.358%

Limited Term Tax-Exempt Fund

   0.43%   0.417%   0.404%

Arizona Tax-Exempt

   0.43%   0.417%   0.404%

California Intermediate Tax-Exempt

   0.43%   0.417%   0.404%

California Tax-Exempt

   0.43%   0.417%   0.404%

High Yield Municipal

   0.56%   0.543%   0.527%

Intermediate Tax-Exempt

   0.43%   0.417%   0.404%

Tax-Exempt

   0.43%   0.417%   0.404%

Core Bond

   0.38%   0.369%   0.358%

Short Bond

   0.38%   0.369%   0.358%

 

Fund

   Fee Rate (%)

High Yield Fixed Income

   0.58%

Income Equity

   0.46%

U.S. Government Money Market

   0.33%

U.S. Government Select Money Market

   0.33%

Stock Index

   0.04%

Small Cap Index

   0.09%

Mid Cap Index

   0.09%

Bond Index

   0.06%

U.S. Treasury Index

   0.13%

International Equity Index

   0.09%

Emerging Markets Equity Index

   0.14%

Global Sustainability Index

   0.18%

Global Real Estate Index

   0.40%

Global Tactical Asset Allocation

   0.23%

Large Cap Core

   0.44%

Small Cap Value

   0.45%

Small Cap Core

   0.38%

Large Cap Value

   0.53%

International Equity

   0.47%

U.S. Quality ESG Fund

   0.37%

 

NORTHERN FUNDS      NORTHERN TRUST INVESTMENTS, INC.
By:  

LOGO

 

     By:   

LOGO

 

Name: Randal Rein      Name: Kevin P. O’Rourke
Title: Treasurer      Title: Senior Vice President
Date: October 17, 2024      Date: October 17, 2024

 

NTAC:3NS-20