QLVE

Fund Description
The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Emerging Markets Quality Low Volatility Index (the Underlying Index ). The Northern Trust Emerging Markets 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. The Underlying Index looks to select companies from the Parent Index that are domiciled in an emerging market countries, 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 emerging market.
Fund Profile
Fund Name Flexshares Emerging Markets Quality Low Volatility Index Fund
Fund Exchange Ticker QLVE
Fund Sponsor Flexshares (Northern Trust)
Fund ISIN US33939L6395
Net Expense Ratio 0.40 %
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 Emerging Markets Quality Low Volatility Index
Index Provider Northern Trust
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Emerging Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent Not Applicable
Key Statistics
Return As of Date 24 September 2021
Asset Under Management 15.83 Million (USD)
1 Month Total Return -0.12 %
Year To Date Return 0.69 %
1 Year Total Return 14.28 %
3 Year Annualized Total Return
NAV 26.38
Share Outstanding 600,001
Top 10 Holdings (24 September 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
TAIWAN SEMICONDUCTOR MANUFAC 2330 EQUI 0.0808320000
ALIBABA GROUP HOLDING-SP ADR BABA EQUI 0.0431250000
SAMSUNG ELECTRONICS CO LTD 005930 EQUI 0.0381900000
TENCENT HOLDINGS LTD COMMON STOCK HKD 0.00002 700 EQUI 0.0346860000
TATA CONSULTANCY SERVICES LTD COMMON STOCK INR 1 TCS EQUI 0.0230190000
BANK OF CHINA LTD COMMON STOCK HKD 1 3988 EQUI 0.0174700000
QATAR NATIONAL BANK QPSC COMMON STOCK QAR 1 QNBK EQUI 0.0149200000
AL RAJHI BANK COMMON STOCK SAR 10 RJHI EQUI 0.0142560000
NATIONAL BANK OF KUWAIT SAKP COMMON STOCK KWD 100 NBK EQUI 0.0133610000
SAUDI TELECOM CO COMMON STOCK SAR 10 STC EQUI 0.0130790000