| Fund Description |
| FlexShares Ready Access Variable Income Fund is an actively managed ETF that attempts to help cash investors try to maintain liquidity and reach for higher returns, without undue volatility. RAVI features a variable net asset value (NAV) and can invest beyond the limitations of a traditional money market. The portfolio consists of investment grade debt securities from around the world, including U.S. and non-U.S. public and private sector securities. |
| Fund Profile |
| Fund Name |
FlexShares Ready Access Variable Income Fund |
| Fund Exchange Ticker |
RAVI |
| Fund Sponsor |
Flexshares (Northern Trust) |
| Fund ISIN |
US33939L8862 |
| Net Expense Ratio |
0.25 % |
| Fund Inception Date |
9 October 2012 |
| Fund Legal Structure |
ETF (Open end fund) |
| Exchange |
NYSE Arca |
| Listing Country Code |
US |
| Fund Investment Objective |
| ETF Type Specific |
Bonds - Broad Market |
| Asset Class |
Bonds |
| Index Linked |
Active |
| Index Name |
Not Applicable |
| Index Provider |
Not Applicable |
| Currency Hedged |
No |
| Inverse / Leveraged |
Not Applicable |
| Developed / Emerging |
Funds Combining Developed & Emerging Exposure |
| Bond Type |
Broad Market |
| Credit Quality |
Investment Grade Only |
| Average Maturity |
Short (1-3 years) |
| Bond Currency Denomination |
Not Applicable |
| Key Statistics |
| Return As of Date |
17 March 2023 |
| Asset Under Management |
912.47 Million (USD) |
| 1 Month Total Return |
-0.04 % |
| Year To Date Return |
0.48 % |
| 1 Year Total Return |
0.03 % |
| 3 Year Annualized Total Return |
1.00 % |
| NAV |
74.64 |
| Share Outstanding |
12,225,000 |
| Top 10 Holdings (17 March 2023) |
| Constituent Name |
Constituent Ticker |
Constituent Type |
Weighting |
| CASH |
|
BOND |
0.0440910000 |
| UNITED STATES OF AMERICA BILL ZERO CPN 20/APR/2023 |
ZCTO |
BILL |
0.0326500000 |
| UNITED STATES OF AMERICA BILL ZERO CPN 23/MAR/2023 |
ZCTO |
BILL |
0.0272960000 |
| UNITED STATES OF AMERICA BILL ZERO CPN 30/MAR/2023 |
ZCTO |
BILL |
0.0218220000 |
| UNITED STATES OF AMERICA BILL ZERO CPN 27/APR/2023 |
ZCTO |
BILL |
0.0217490000 |
| UNITED STATES OF AMERICA BILL ZERO CPN 30/MAY/2023 |
ZCTO |
BILL |
0.0216580000 |
| UNITED STATES OF AMERICA BILL ZERO CPN 06/JUL/2023 |
ZCTO |
BILL |
0.0215430000 |
| UNITED STATES OF AMERICA BILL ZERO CPN 07/SEP/2023 |
ZCTO |
BILL |
0.0213720000 |
| FIFTH THIRD BANK NA CALLABLE MEDIUM TERM NOTE |
|
BOND |
0.0091450000 |
| SVENSKA HANDELSBANKEN AB |
|
BOND |
0.0075990000 |