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 15 July 2019
Asset Under Management 8.23 Million (USD)
1 Month Total Return 2.48 %
Year To Date Return 13.87 %
1 Year Total Return -0.02 %
3 Year Annualized Total Return 9.97 %
NAV 27.42
Share Outstanding 300,001
Top 10 Holdings (15 July 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
STRAUMANN HOLDING AG COMMON STOCK CHF 0.1 STMN EQUI
AP MOLLER - MAERSK A/S COMMON STOCK DKK 1000 MAERSKB EQUI
TECHNOLOGY ONE LTD COMMON STOCK AUD 0 TNE EQUI
GN STORE NORD A/S COMMON STOCK DKK 4 GN EQUI
LEONS FURNITURE LTD COMMON STOCK CAD 0 LNF EQUI
WENDEL SA COMMON STOCK EUR 4 MF EQUI
MISUMI GROUP INC COMMON STOCK JPY 9962 EQUI
REA GROUP LTD COMMON STOCK AUD 0 REA EQUI
BELLWAY PLC COMMON STOCK GBP 12.5 BWY EQUI
TELEFONAKTIEBOLAGET LM ERICSSON COMMON STOCK SEK 5 ERICA EQUI