| 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 - Factor & Thematic |
| 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 |
17 March 2023 |
| Asset Under Management |
21.10 Million (USD) |
| 1 Month Total Return |
-6.21 % |
| Year To Date Return |
-3.00 % |
| 1 Year Total Return |
-17.62 % |
| 3 Year Annualized Total Return |
9.27 % |
| NAV |
29.1 |
| Share Outstanding |
725,001 |
| Top 10 Holdings (16 March 2023) |
| Constituent Name |
Constituent Ticker |
Constituent Type |
Weighting |
| CANADIAN NATIONAL RAILWAY CO COMMON STOCK CAD 0 |
CNR |
EQUI |
0.0222560000 |
| CANADIAN PACIFIC RAILWAY LTD |
CP |
EQUI |
0.0203310000 |
| AMERICAN TOWER CORP |
AMT |
EQUI |
0.0181790000 |
| COMCAST CORP COMMON STOCK USD 0.01 |
CMCSA |
EQUI |
0.0149850000 |
| DEUTSCHE TELEKOM AG COMMON STOCK EUR 0 |
DTE |
EQUI |
0.0148990000 |
| VERIZON COMMUNICATIONS INC |
VZ |
EQUI |
0.0147320000 |
| NEXTERA ENERGY INC COMMON STOCK USD 0.01 |
NEE |
EQUI |
0.0144850000 |
| NIPPON TELEGRAPH & TELEPHONE CORP COMMON STOCK JPY |
9432 |
EQUI |
0.0136910000 |
| ENBRIDGE INC COMMON STOCK CAD 0 |
ENB |
EQUI |
0.0133840000 |
| EXXON MOBIL CORP COMMON STOCK USD 0 |
XOM |
EQUI |
0.0131570000 |