Northern Trust’s asset management arm, Northern Trust Global Investments, has launched a Frontier Markets index fund. The fund seeks to provide exposure to under-represented regions in Eastern Europe, Africa and the Middle East.

 “NTGI’s Frontier Markets strategy is designed to offer diversified exposure that takes into account the real world challenges of investing in these markets,” said Greg Behar, senior investment strategist for Northern Trust’s Global Quantitative Management group.

The fund is benchmarked to the Standard & Poor’s Frontier Extended 150 Index and is being offered as a collective trust.