IQDE

Fund Description
IQDE pursues a strategy that, in line with its stated investment objective, provides exposure to international securities while providing dividend payments. It is intended as a core international stock market option that also helps investors try to meet their income needs. The strategy applies a proprietary scoring model approach that determines a "quality factor" and an optimization process that seeks to maximize this factor, target a beta lower than the Parent Index (Northern Trust International Large Cap IndexSM) and improve on the Parent Indexs dividend yield.
Fund Profile
Fund Name FlexShares International Quality Dividend Defensive Index Fund
Fund Exchange Ticker IQDE
Fund Sponsor Flexshares (Northern Trust)
Fund ISIN US33939L8110
Net Expense Ratio 0.47 %
Fund Inception Date 12 April 2013
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
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 International Quality Dividend Defensive Index
Index Provider Northern Trust
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent Not Applicable
Key Statistics
Return As of Date 16 April 2021
Asset Under Management 73.44 Million (USD)
1 Month Total Return 2.10 %
Year To Date Return 8.78 %
1 Year Total Return 46.79 %
3 Year Annualized Total Return 3.53 %
NAV 24.48
Share Outstanding 3,000,000
Top 10 Holdings (15 April 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
ROCHE HOLDING AG COMMON STOCK CHF 0 ROG EQUI 0.0315320000
NESTLE SA COMMON STOCK CHF 0.1 NESN EQUI 0.0263400000
ROYAL BANK OF CANADA COMMON STOCK CAD 0 RY EQUI 0.0243670000
RIO TINTO PLC COMMON STOCK GBP 10 RIO EQUI 0.0169110000
MSCI EAFE EQUITY INDEX 18/JUN/2021 MFSM1 INDEX MFSM1 FUTR 0.0169030000
TAIWAN SEMICONDUCTOR MANUFAC 2330 EQUI 0.0147210000
LOREAL SA COMMON STOCK EUR 0.2 OR EQUI 0.0137900000
TENCENT HOLDINGS LTD COMMON STOCK HKD 0.00002 700 EQUI 0.0129290000
SIEMENS AG COMMON STOCK EUR 0 SIE EQUI 0.0128250000
COMMONWEALTH BANK OF AUSTRAL CBA EQUI 0.0110960000