ASET

Fund Description
FlexShares Real Assets Allocation Index Fund seeks to gain exposure to real assets by investing in three FlexShares ETFs: FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR), FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) and FlexShares Global Quality Real Estate Index Fund (GQRE). It seeks to provide investors with a core real assets allocation that helps address their inflation-hedging, diversification, and income needs. Designed to serve as a real assets allocation solution, the strategy applies a proprietary optimization to the three underlying funds in an effort to minimize the volatility of returns and lower risk in the fund. Additional constraints are in place to limit concentration risk. If occurring, dividends from net investment income are generally declared and paid quarterly. Distributions of net realized securities gains, if any, are generally declared and paid once a year, but the Fund may make such distributions on a more frequent basis.
Fund Profile
Fund Name Flexshares Real Assets Allocation Index Fund
Fund Exchange Ticker ASET
Fund Sponsor Flexshares (Northern Trust)
Fund ISIN US33939L7385
Net Expense Ratio 0.57 %
Fund Inception Date 23 November 2015
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Global or ExUS Equities - Industry Sector
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Northern Trust Real Assets Allocation Index
Index Provider Northern Trust
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent Not Applicable
Key Statistics
Return As of Date 21 August 2019
Asset Under Management 10.23 Million (USD)
1 Month Total Return -1.18 %
Year To Date Return 16.94 %
1 Year Total Return 6.69 %
3 Year Annualized Total Return 5.17 %
NAV 29.24
Share Outstanding 350,001
Top 10 Holdings (20 August 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
DERWENT LONDON PLC DLN EQUI
UNITED UTILITIES GROUP PLC UU/ EQUI
EVERSOURCE ENERGY ES EQUI
SPIRIT REALTY CAPITAL INC SRC EQUI
RAYONIER INC RYN EQUI
PS BUSINESS PARKS INC/CA PSB EQUI
HONGKONG LAND HOLDINGS LTD HKL EQUI
AENA SME SA AENA EQUI
AMERICAN HOMES 4 RENT- A AMH EQUI
GUANGDONG INVESTMENT LTD 270 EQUI