FlexShares Launches US Quality Large Cap Index ETF
September 24 2015 - 8:30AM
Business Wire
New ETF to provide quality, value and momentum
exposure to the US large cap universe
FlexShares® Exchange Traded Funds, sponsored and managed by
Northern Trust, today introduced the FlexShares US Quality Large
Cap Index Fund (NASDAQ: QLC), an equity portfolio that pursues
long-term growth potential from a universe of large cap equities.
The fund combines quality, value and momentum factors provide
dividend income while controlling for market risk.
The FlexShares® US Quality Large Cap Index Fund
features:
- An accessible and efficient investment
product which provides exposure to U.S. large cap equities
- Ranks securities by quality, value and
momentum factors
- Optimization to maximize exposure to
the factors, with sector, style and security level constraints to
maintain a similar profile to the universe
- An index-based strategy with
competitive fees
"Our empirically-based proprietary approach to investing in high
quality companies is the foundation of the investment strategy,"
said Shundrawn A. Thomas, head of Northern Trust's Funds and
Managed Accounts Group. "The FlexShares® Quality Large Cap Index
fund also offers targeted exposure to value and momentum factors
providing investors with an efficient multi-factor core equity
portfolio holding."
The underlying index is the Northern Trust Quality Large Cap
Index. It is designed to measure the performance of a universe of
large capitalization securities which demonstrate characteristics
of better quality, attractive valuation and positive momentum.
For more information, please visit www.flexshares.com.
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.
Foreside Fund Services, LLC, distributor.
About FlexShares
FlexShares Exchange Traded Funds are designed to pursue specific
investment goals across both passive and active strategies.
FlexShares offers differentiated ETF strategies that improve and
simplify the investment decision process for the long-term
investor. For more information, please visit flexshares.com.
Follow us on Twitter @FlexSharesETFs.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider
of wealth management, asset servicing, asset management and banking
to corporations, institutions, affluent families and individuals.
Founded in Chicago in 1889, Northern Trust has offices in the
United States in 19 states and Washington, D.C., and 20
international locations in Canada, Europe, the Middle East and the
Asia-Pacific region. As of June 30, 2015, Northern Trust had assets
under custody of US$6.2 trillion, and assets under management of
US$946 billion. For more than 125 years, Northern Trust has earned
distinction as an industry leader for exceptional service,
financial expertise, integrity and innovation. Visit
northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle
Street, Chicago, Illinois 60603 U.S.A., incorporated with limited
liability in the U.S. Global legal and regulatory information can
be found at http://www.northerntrust.com/disclosures.
An investment in FlexShares is subject to numerous risks,
including possible loss of principal. Fund returns may not match
the return of the respective indexes. The Funds are subject to the
following principal risks: asset class; commodity; concentration;
counterparty; currency; derivatives; dividend; emerging markets;
equity securities; fluctuation of yield; foreign securities;
geographic; income; industry concentration; inflation-protected
securities; infrastructure-related companies; interest rate /
maturity risk; issuer; large cap; management; market; market
trading; mid cap stock; MLP; momentum; natural resources; new
funds; non-diversification; passive investment; privatization;
small cap stock; tracking error; value investing; and volatility
risk. A full description of risks is in the prospectus.
In addition, FlexShares US Quality Large Cap Index Fund is
passively managed and uses a representative sampling strategy to
track its underlying index. Use of a representative sampling
strategy creates tracking risk where the Fund’s performance could
vary substantially from the performance of the underlying index.
Additionally, the Fund is at increased dividend risk, as the
issuers of the underlying stock might not declare a dividend, or
the dividend rate may not remain at current levels. The Fund is
also is at increased risk of industry concentration, where it may
be more than 25% invested in the assets of a single industry.
Finally, the Fund may also be subject to increased volatility risk,
where volatility may not equal the target of the underlying
index.
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version on businesswire.com: http://www.businesswire.com/news/home/20150924005212/en/
For FlexShares Exchange Traded FundsMedia Contacts:Doug
Holt312-557-1571Doug_Holt@ntrs.comorLiz
LaBeau312-240-3150Liz.LaBeau@Edelman.comwww.flexshares.comFollow Us
on Twitter @FlexSharesETFs
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