Northern Trust Plans to Convert 6 Mutual Funds Holding About $33 Billion Into ETFs in 2027. Here’s What Changes for Investors
Northern Trust plans to convert six mutual funds, totaling $33B in assets, into ETFs by Q1 2027, according to the company. The conversions will more than double its ETF assets, which were $27B as of June 2026. Investors will see changes in trading, taxation, and visibility of holdings, but investment strategies remain the same.


