Northern Funds to Fold Two Portfolios

Northern Funds is seeking to merge two of its equity funds into similar existing portfolios, according to an SEC filing dated February 24.

Specifically, the company is planning to fold the $4-million Northern Global Communications Fund (NOGCX) into the $288-million Northern Technology Fund (NTCHX).

The Technology fund is co-managed by George J. Gilbert and John Leo. Leo is the sole manager of the Global Communications fund, launched in May 2000.

Also, the $48-million Northern International Select Equity Fund (NINEX), launched in April 1994, will be reorganized into the $203-million Northern International Growth Equity Fund (NOIGX). Both these funds are co-managed by Richard F. Rothwell and Diane Jones.