QLVD

Fund Description
The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex US Quality Low Volatility Index (the Underlying Index ). The Northern Trust Developed Markets ex-US Quality Low Volatility Index (Underlying Index) is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to the Northern Trust Global Index, excluding the United States. The Underlying Index looks to select companies from the Parent Index that are designated as Large/Mid cap companies as defined by the Parent Index and exhibit financial strength and stability (i.e., quality) characteristics. The Underlying Index seeks to enhance risk-return characteristics and have lower volatility to the broader developed ex-US equity market.
Fund Profile
Fund Name Flexshares Developed Markets EX-US Quality Low Volatility Index Fund
Fund Exchange Ticker QLVD
Fund Sponsor Flexshares (Northern Trust)
Fund ISIN US33939L6478
Net Expense Ratio 0.32 %
Fund Inception Date 15 July 2019
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 Developed Markets ex US Quality Low Volatility Index
Index Provider Northern Trust
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent Not Applicable
Key Statistics
Return As of Date 31 July 2020
Asset Under Management 60.58 Million (USD)
1 Month Total Return 1.34 %
Year To Date Return -6.96 %
1 Year Total Return 0.72 %
3 Year Annualized Total Return
NAV 24.23
Share Outstanding 2,500,000
Top 10 Holdings (30 July 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
ROCHE HOLDING AG-GENUSSCHEIN ROG EQUI 0.0498830000
NESTLE SA-REG NESN EQUI 0.0478410000
NOVO NORDISK A/S-B NOVOB EQUI 0.0211200000
GLAXOSMITHKLINE PLC GSK EQUI 0.0201730000
COMMONWEALTH BANK OF AUSTRAL CBA EQUI 0.0186300000
AIR LIQUIDE SA AI EQUI 0.0157700000
BARRICK GOLD CORP ABX EQUI 0.0146870000
ROYAL BANK OF CANADA RY EQUI 0.0141940000
NTT DOCOMO INC 9437 EQUI 0.0128480000
UCB SA UCB EQUI 0.0126840000