Northern Trust Launches Target Date Funds for DC Plans

August 8, 2007 (PLANSPONSOR.com) - Northern Trust will offer to defined contribution plans target date collective funds that are globally diversified and incorporate inflationary hedge asset classes such as global real estate and commodities, in addition to a core allocation to stocks and bonds.

The funds will be managed by Northern Trust Global Investments (NTGI) and will be offered in five-year increments with retirement dates beginning in 2010 through 2050.

According to Susan Czochara, senior product manager for NTGI, the two approaches to the funds will be a blended index or a blended enhanced strategy, which provide diversified exposure in a risk- and cost-efficient manner.

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For more information, visit http://www.northerntrust.com .

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