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 26 May 2023
Asset Under Management 29.91 Million (USD)
1 Month Total Return -2.51 %
Year To Date Return 3.19 %
1 Year Total Return -4.77 %
3 Year Annualized Total Return 4.07 %
NAV 19.94
Share Outstanding 1,500,000
Top 10 Holdings (31 May 2023)
Constituent Name Constituent Ticker Constituent Type Weighting
ROCHE HOLDING AG COMMON STOCK CHF 0 ROG EQUI 0.0373230000
NESTLE SA COMMON STOCK CHF 0.1 NESN EQUI 0.0348150000
BHP GROUP LTD COMMON STOCK AUD 0 BHP EQUI 0.0292770000
MSCI EAFE EQUITY INDEX 16/JUN/2023 MFSM3 INDEX MFSM3 FUTR 0.0242400000
ROYAL BANK OF CANADA COMMON STOCK CAD 0 RY EQUI 0.0175360000
LOREAL SA COMMON STOCK EUR 0.2 OR EQUI 0.0170010000
GSK PLC COMMON STOCK GBP 31.25 GSK EQUI 0.0148080000
RIO TINTO PLC COMMON STOCK GBP 10 RIO EQUI 0.0140630000
TAIWAN SEMICONDUCTOR MANUFAC 2330 EQUI 0.0134750000
NOVARTIS AG COMMON STOCK CHF 0.5 NOVN EQUI 0.0129280000