TLDH

Fund Description
FlexShares Currency Hedged Morningstar DM ex-US Factor Tilt Index Fund seeks to enhance exposure to the international stock market (outside of the U.S.) by tilting the portfolio toward the long-term growth potential of the smaller-cap and value segments. It seeks to provide investors with a core international stock market option that helps to meet their longer-term capital appreciation needs. Designed to replace traditional market-weighted international equity products, the Fund applies a tilt to small-cap and value stocks using a multi-factor modeling approach that attempts to enhance portfolio risk/return characteristics. In addition, one-month currency forwards contracts are used to reduce exposure to potential volatility in currencies with respect to the US-dollar. If occurring, dividends from net investment income are generally declared and paid annually. Distributions of net realized securities gains, if any, are generally declared and paid once a year, but the Fund may make such distributions on a more frequent basis. The Morningstar Developed Markets ex-US Factor Tilt Hedged IndexSM (the Currency Hedge Index) measures the performance of the Morningstar Developed Markets ex-US Factor Tilt IndexSM (the Benchmark Index) after applying a practical hedging program, limiting the effects of currency fluctuations. Hedging each foreign currency in the portfolio, relative to an investors home currency, is a close estimation of the return a local investor can achieve. The U.S. dollar is the default home currency for the Currency Hedge Index. The Currency Hedge Index is long the Benchmark Index and short currency forwards whose notional amount is based on market capitalization of foreign currencies in the Benchmark Index. In other words, the hedge ratio, that is, the proportion of the portfolios currency exposure that is hedged is set to 100%.
Fund Profile
Fund Name FlexShares Currency Hedged Morningstar DM ex-US Factor Tilt Index Fund
Fund Exchange Ticker TLDH
Fund Sponsor Flexshares (Northern Trust)
Fund ISIN US33939L7203
Net Expense Ratio 0.44 %
Fund Inception Date 9 November 2015
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 Morningstar Developed Markets ex-US Factor Tilt Hedged Index
Index Provider Morningstar
Currency Hedged Yes
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Value
Continent Not Applicable
Key Statistics
Return As of Date 18 January 2019
Asset Under Management 7.84 Million (USD)
1 Month Total Return 5.52 %
Year To Date Return 6.48 %
1 Year Total Return -9.51 %
3 Year Annualized Total Return 9.40 %
NAV 26.13
Share Outstanding 300,001
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
TOYOTA MOTOR CORP COMMON STOCK JPY 7203 EQUI 0.0091720000
NESTLE SA COMMON STOCK CHF 0.1 NESN EQUI 0.0084220000
ROYAL DUTCH SHELL PLC-A SHS RDSA EQUI 0.0077420000
TOTAL SA COMMON STOCK EUR 2.5 FP EQUI 0.0077380000
BP PLC COMMON STOCK GBP 0.25 BP/ EQUI 0.0076640000
NOVARTIS AG COMMON STOCK CHF 0.5 NOVN EQUI 0.0072150000
ROYAL DUTCH SHELL PLC COMMON STOCK GBP 0.07 RDSB EQUI 0.0062750000
ROCHE HOLDING AG COMMON STOCK CHF 0 ROG EQUI 0.0057300000
HSBC HOLDINGS PLC COMMON STOCK GBP 0.5 HSBA EQUI 0.0057210000
ALLIANZ SE COMMON STOCK EUR 0 ALV EQUI 0.0048700000