NOEMX : Northern Emerging Markets Equity Index Fund

Fund Summary

The investment seeks to provide investment results approximating the overall performance of the MSCI Emerging Markets® Index. The fund will invest substantially all (and at least 80%) of its net assets in equity securities, in weightings that approximate the relative composition of the securities included in the MSCI Emerging Markets Index, in American Depository Receipts, European Depository Receipts, and Global Depository Receipts representing such securities, and in MSCI Emerging Markets Index futures approved by the Commodity Futures Trading Commission.