On March 5th, Northern Trust launched the Northern Global Sustainability Index Fund. The Fund is the first mutual fund to follow the KLD Global Sustainability Index. The Fund includes companies from 24 developing markets that meet KLD's sustainability requirements. The Fund was formed in response to growing consumer demand for sustainable investing. 

Northern Trust reported that the fund fees will be 65 points with no sales charge compared to the average 150 base points that other social responsible funds charge. 

Read the full story at Social Funds.com

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