Northern Trust Investments lowers expenses for four funds by 0.1%

By Toni Weeks

San Diego, April 4 - Northern Trust Investments, Inc. increased the expenses reimbursement it provides to four funds on Jan. 1, resulting in reduced total annual fund operating expenses for the funds.

According to 497K filings with the Securities and Exchange Commission, Northern increased its expenses reimbursement by 0.1% for the U.S. Government Money Market Fund, the U.S. Government Select Money Market Fund, the Municipal Money Market Fund and the California Municipal Money Market Fund, which reduced total operating expenses to 0.35% from 0.45% for each of the funds.

Chicago-based Northern Trust Investments, Inc. serves as the investment adviser to the funds.

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