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 20 October 2020
Asset Under Management 4.73 Million (USD)
1 Month Total Return 3.80 %
Year To Date Return -9.30 %
1 Year Total Return -7.24 %
3 Year Annualized Total Return 1.15 %
NAV 27.03
Share Outstanding 175,001
Top 10 Holdings (20 October 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
SJW GROUP SJW EQUI
US DOLLARS CASH
FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RE INDEX FUND GUNR EQUI
FlexShares Global Quality Real Estate Index Fund GQRE ETF
CHINA EVERBRIGHT ENVIRONMENT 257 EQUI
FIRST CAPITAL REAL ESTATE IN FCR-U EQUI
OFFICE PROPERTIES INCOME TRU OPI EQUI
BANGKOK EXPRESSWAY-NVDR BEM-R EQUI
EOG RESOURCES INC EOG EQUI
S IMMO AG SPI EQUI