Northern Trust increases Multi-Manager International Equity Fund expense reimbursement

By Tali David

Minneapolis, Feb. 16 - Northern Trust Investments, Inc. increased the expense reimbursement it provides to the Multi-Manager International Equity Fund, effective Jan. 1, according to a 497 filing with the Securities and Exchange Commission.

This increase will have the effect of reducing the total annual fund operating expenses paid by investors to 1.3% from 1.4%.

The contractual expense reimbursement arrangement will continue from implementation until Dec. 31, 2012.

Northern Trust is an investment manager.

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