FlexShares Introduces Developed and Emerging Market TILT ETFs
01 10월 2012 - 10:00PM
Business Wire
FlexShares® Exchange Traded Funds, sponsored and managed by
Northern Trust, has introduced two new ETFs that complement its
U.S. tilt product (NYSE: TILT) by focusing on developed (NYSE:
TLTD) and emerging markets (NYSE: TLTE) outside the U.S. The
announcement coincides with FlexShares’ first anniversary, a year
in which the suite of innovative funds accumulated more than $1.5
billion in assets, as of 9/22/2012.
The new funds, listed on the NYSE, seek to counterbalance the
inherent bias toward large-growth companies embedded in
market-weighted strategies by applying a nuanced “tilt” methodology
toward the long-term growth potential of small cap and value
stocks. And unlike many alternatively weighted approaches,
FlexShares’ tilted index funds seek a consistent level of risk
exposure to size and style providing total market coverage –
including large cap and growth.
“Coming just after our one-year anniversary, this announcement
gives us the opportunity to note the progress we’ve made in our
first year,” said Shundrawn Thomas, head of Northern Trust's
Exchange Traded Funds Group. "We continue to provide investors with
distinctive, yet practical solutions. Now, with our two additional
tilted index funds, investors have the ability to apply the
strategy to investments across the globe."
FlexShares ETFs help provide investors with the flexibility to
construct, allocate and manage portfolios according to their
real-world goals. The new ETFs are:
- FlexShares Morningstar Developed
Markets ex-U.S. Factor Tilt Index Fund (TLTD)
- FlexShares Morningstar Developed
Markets ex-U.S. Factor Tilt Index ETF seeks to enhance exposure to
international stocks by tilting the portfolio toward the long-term
growth potential of the small cap and value segments. It seeks to
provide investors with an expanded opportunity set of developed
market stocks from outside the U.S. to help meet their longer term
capital appreciation needs, while attempting to enhance portfolio
risk/return characteristics.
- FlexShares Morningstar Emerging Market
Factor Tilt Index Fund (TLTE)
- FlexShares Morningstar Emerging Market
Factor Tilt Index ETF seeks to enhance exposure to developing
market stocks by tilting the portfolio toward the long-term growth
potential of the small cap and value segments. It seeks to provide
investors with an emerging market equity option that helps to meet
their longer term capital appreciation needs while attempting to
enhance portfolio risk/return characteristics.
FlexShares entered the ETF market in September 2011 with four
FlexShares funds.
For more information, please visit www.flexshares.com
An investment in FlexShares is subject to numerous risks,
including possible loss of principal. The Funds are subject
to the following principal risks: asset class; commodity;
concentration; counterparty; currency; derivatives; emerging
markets; equity securities; foreign securities; geographic;
industry concentration; issuer; management; market; market trading;
mid cap stock; new funds; non-diversification; passive investment;
privatization; small cap stock; tracking error; and value investing
risk. A full description of risks is in the
prospectus.
Before investing carefully consider the FlexShares investment
objectives, risks, charges and expenses. This and other information
is in the prospectus, a copy of which may be obtained by visiting
www.flexshares.com. Read the prospectus carefully before you
invest.
FlexShares ETFs are distributed by Foreside Fund Services, LLC,
not affiliated with Northern Trust.
About FlexShares
FlexShares is a suite of ETF products designed to pursue
real-world goals by evolving the process of ETF development,
providing flexibility for meeting investor needs. FlexShares Funds
are sponsored by Northern Trust. Individual investors can purchase
and sell shares through any brokerage firm, financial advisor or
online broker.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider
of investment management, asset and fund administration, banking
solutions and fiduciary services for corporations, institutions and
affluent individuals worldwide. Northern Trust, a financial holding
company based in Chicago, has offices in 18 U.S. states and 16
international locations in North America, Europe, the Middle East
and the Asia-Pacific region. As of June 30, 2012, Northern Trust
had assets under custody of US$4.6 trillion, and assets under
investment management of US$704.3 billion. For more than 120 years,
Northern Trust has earned distinction as an industry leader in
combining exceptional service and expertise with innovative
products and technology. For more information, visit
www.northerntrust.com or follow us on Twitter @NorthernTrust.
About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent
investment research in North America, Europe, Australia, and Asia.
The company offers an extensive line of products and services for
individuals, financial advisors, and institutions. Morningstar
provides data on more than 385,000 investment offerings, including
stocks, mutual funds, and similar vehicles, along with real-time
global market data on more than 8 million equities, indexes,
futures, options, commodities, and precious metals, in addition to
foreign exchange and Treasury markets. Morningstar also offers
investment management services through its registered investment
advisor subsidiaries and has more than $186 billion in assets under
advisement and management as of June 30, 2012. The company has
operations in 27 countries.
The FlexShares Morningstar ETFs are not sponsored, endorsed,
sold or promoted by Morningstar, and Morningstar makes no
representation regarding the advisability of investing in them.