Fund | Ticker | Stock Exchange |
FlexShares® US Quality Low Volatility Index Fund | QLV | NYSE Arca, Inc. |
FlexShares® Developed Markets ex-US Quality Low Volatility Index Fund | QLVD | NYSE Arca, Inc. |
FlexShares® Emerging Markets Quality Low Volatility Index Fund | QLVE | NYSE Arca, Inc. |
FlexShares® Morningstar US Market Factor Tilt Index Fund | TILT | Cboe BZX Exchange, Inc. |
FlexShares® Morningstar Developed Markets ex-US Factor Tilt Index Fund | TLTD | NYSE Arca, Inc. |
FlexShares® Morningstar Emerging Markets Factor Tilt Index Fund | TLTE | NYSE Arca, Inc. |
FlexShares® US Quality Large Cap Index Fund | QLC | Cboe BZX Exchange, Inc. |
FlexShares® STOXX® US ESG Select Index Fund (formerly, FlexShares® STOXX® US ESG Impact Index Fund) | ESG | Cboe BZX Exchange, Inc. |
FlexShares® STOXX® Global ESG Select Index Fund (formerly, FlexShares® STOXX® Global ESG Impact Index Fund) | ESGG | Cboe BZX Exchange, Inc. |
FlexShares® ESG & Climate US Large Cap Core Index Fund | FEUS | NYSE Arca, Inc. |
FlexShares® ESG & Climate Developed Markets ex-US Core Index Fund | FEDM | NYSE Arca, Inc. |
FlexShares® ESG & Climate Emerging Markets Core Index Fund | FEEM | NYSE Arca, Inc. |
FlexShares® Morningstar Global Upstream Natural Resources Index Fund | GUNR | NYSE Arca, Inc. |
FlexShares® STOXX® Global Broad Infrastructure Index Fund | NFRA | NYSE Arca, Inc. |
FlexShares® Global Quality Real Estate Index Fund | GQRE | NYSE Arca, Inc. |
FlexShares® Real Assets Allocation Index Fund | ASET | The Nasdaq Stock Market LLC |
FlexShares® Quality Dividend Index Fund | QDF | NYSE Arca, Inc. |
FlexShares® Quality Dividend Defensive Index Fund | QDEF | NYSE Arca, Inc. |
FlexShares® Quality Dividend Dynamic Index Fund | QDYN | NYSE Arca, Inc. |
FlexShares® International Quality Dividend Index Fund | IQDF | NYSE Arca, Inc. |
FlexShares® International Quality Dividend Defensive Index Fund | IQDE | NYSE Arca, Inc. |
FlexShares® International Quality Dividend Dynamic Index Fund | IQDY | NYSE Arca, Inc. |
FlexShares® iBoxx 3-Year Target Duration TIPS Index Fund | TDTT | NYSE Arca, Inc. |
FlexShares® iBoxx 5-Year Target Duration TIPS Index Fund | TDTF | NYSE Arca, Inc. |
FlexShares® Disciplined Duration MBS Index Fund | MBSD | NYSE Arca, Inc. |
FlexShares® Credit-Scored US Corporate Bond Index Fund | SKOR | The Nasdaq Stock Market LLC |
FlexShares® Credit-Scored US Long Corporate Bond Index Fund | LKOR | Cboe BZX Exchange, Inc. |
FlexShares® High Yield Value-Scored Bond Index Fund | HYGV | NYSE Arca, Inc. |
FlexShares® ESG & Climate High Yield Corporate Core Index Fund | FEHY | NYSE Arca, Inc. |
FlexShares® ESG & Climate Investment Grade Corporate Core Index Fund | FEIG | NYSE Arca, Inc. |
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FlexShares®
US Quality Low Volatility Index Fund |
FlexShares®
Developed Markets ex-US Quality Low Volatility Index Fund |
FlexShares®
Emerging Markets Quality Low Volatility Index Fund |
FlexShares®
Morningstar US Market Factor Tilt Index Fund |
FlexShares®
Morningstar Developed Markets ex-US Factor Tilt Index Fund |
FlexShares®
Morningstar Emerging Markets Factor Tilt Index Fund |
FlexShares®
US Quality Large Cap Index Fund |
FlexShares®
STOXX®
US ESG Select Index Fund |
FlexShares®
STOXX®
Global ESG Select Index Fund |
FlexShares®
ESG & Climate US Large Cap Core Index Fund |
FlexShares®
ESG & Climate Developed Markets ex-US Core Index Fund |
FlexShares®
ESG & Climate Emerging Markets Core Index Fund |
FlexShares®
Morningstar Global Upstream Natural Resources Index Fund | |
Authorized Participant Concentration Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Calculation Methodology Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Cash Transactions Risk | |||||||||||||
Concentration Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Corporate Bond Risk | |||||||||||||
Credit (or Default) Risk | |||||||||||||
Debt Extension Risk | |||||||||||||
Depositary Receipts Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | |||||
Derivatives Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Distressed Securities Risk | |||||||||||||
Dividend Risk | |||||||||||||
Emerging Markets Risk | ✓ | ✓ | ✓ | ✓ | |||||||||
Equity Securities Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
ESG Investment Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ||||||||
Foreign Securities Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
FlexShares®
US Quality Low Volatility Index Fund |
FlexShares®
Developed Markets ex-US Quality Low Volatility Index Fund |
FlexShares®
Emerging Markets Quality Low Volatility Index Fund |
FlexShares®
Morningstar US Market Factor Tilt Index Fund |
FlexShares®
Morningstar Developed Markets ex-US Factor Tilt Index Fund |
FlexShares®
Morningstar Emerging Markets Factor Tilt Index Fund |
FlexShares®
US Quality Large Cap Index Fund |
FlexShares®
STOXX®
US ESG Select Index Fund |
FlexShares®
STOXX®
Global ESG Select Index Fund |
FlexShares®
ESG & Climate US Large Cap Core Index Fund |
FlexShares®
ESG & Climate Developed Markets ex-US Core Index Fund |
FlexShares®
ESG & Climate Emerging Markets Core Index Fund |
FlexShares®
Morningstar Global Upstream Natural Resources Index Fund | |
Fund of Funds Risk | |||||||||||||
Geographic Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | |||||
High Portfolio Turnover Risk | |||||||||||||
High Yield Securities Risk | |||||||||||||
Income Risk | |||||||||||||
Index Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Inflation Protected Security Risk | |||||||||||||
Interest Rate Risk | |||||||||||||
Interest Rate/Maturity Risk | |||||||||||||
LIBOR Risk | |||||||||||||
Liquidity Risk | |||||||||||||
Low Volatility Risk | ✓ | ✓ | ✓ | ||||||||||
Market Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Market Trading Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Mid and Small Cap Stock Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ||
MLP Risk | |||||||||||||
MLP Tax Risk | |||||||||||||
Model Risk | |||||||||||||
Momentum Risk | ✓ | ||||||||||||
Mortgage-Backed Pass-Through Securities Risk | |||||||||||||
New Fund Risk | ✓ | ✓ | ✓ | ||||||||||
Non-Diversification Risk | ✓ | ✓ | ✓ |
FlexShares®
US Quality Low Volatility Index Fund |
FlexShares®
Developed Markets ex-US Quality Low Volatility Index Fund |
FlexShares®
Emerging Markets Quality Low Volatility Index Fund |
FlexShares®
Morningstar US Market Factor Tilt Index Fund |
FlexShares®
Morningstar Developed Markets ex-US Factor Tilt Index Fund |
FlexShares®
Morningstar Emerging Markets Factor Tilt Index Fund |
FlexShares®
US Quality Large Cap Index Fund |
FlexShares®
STOXX®
US ESG Select Index Fund |
FlexShares®
STOXX®
Global ESG Select Index Fund |
FlexShares®
ESG & Climate US Large Cap Core Index Fund |
FlexShares®
ESG & Climate Developed Markets ex-US Core Index Fund |
FlexShares®
ESG & Climate Emerging Markets Core Index Fund |
FlexShares®
Morningstar Global Upstream Natural Resources Index Fund | |
Prepayment (or Call) Risk | |||||||||||||
Quality Factor Risk | ✓ | ✓ | ✓ | ✓ | |||||||||
Quality-Value Score Risk | |||||||||||||
Real Estate Securities Risk | |||||||||||||
REIT Risk | |||||||||||||
Sampling Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Securities Lending Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Seed Investor Risk | |||||||||||||
Substantial Volatility Risk | |||||||||||||
Tax Risk | |||||||||||||
Tracking Error Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
U.S. Government Securities Risk | |||||||||||||
Valuation Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | |||||||
Value Investing Risk | ✓ | ✓ | ✓ | ✓ | |||||||||
Value Score Risk | |||||||||||||
Volatility Risk |
FlexShares®
STOXX®
Global Broad Infrastructure Index Fund |
FlexShares®
Global Quality Real Estate Index Fund |
FlexShares®
Real Assets Allocation Index Fund |
FlexShares®
Quality Dividend Index Fund |
FlexShares®
Quality Dividend Defensive Index Fund |
FlexShares®
Quality Dividend Dynamic Index Fund |
FlexShares®
International Quality Dividend Index Fund |
FlexShares®
International Quality Dividend Defensive Index Fund |
FlexShares®
International Quality Dividend Dynamic Index Fund |
FlexShares®
iBoxx 3-Year Target Duration TIPS Index Fund |
FlexShares®
iBoxx 5-Year Target Duration TIPS Index Fund |
FlexShares®
Disciplined Duration MBS Index Fund | |
Authorized Participant Concentration Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Calculation Methodology Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Cash Transactions Risk | ✓ | |||||||||||
Concentration Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Corporate Bond Risk | ||||||||||||
Credit (or Default) Risk | ✓ | |||||||||||
Debt Extension Risk | ✓ | |||||||||||
Depositary Receipts Risk | ✓ | ✓ | ✓ | ✓ | ✓ | |||||||
Derivatives Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Distressed Securities Risk | ||||||||||||
Dividend Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ||||||
Emerging Markets Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ||||||
Equity Securities Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | |||
ESG Investment Risk | ||||||||||||
Foreign Securities Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ||||||
Fund of Funds Risk | ✓ | |||||||||||
Geographic Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ||||||
High Portfolio Turnover Risk | ✓ | |||||||||||
High Yield Securities Risk | ||||||||||||
Income Risk | ✓ | ✓ | ✓ | |||||||||
Index Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Inflation Protected Security Risk | ✓ | ✓ | ||||||||||
Interest Rate Risk | ✓ | ✓ | ✓ | |||||||||
Interest Rate/Maturity Risk | ✓ | ✓ | ✓ |
FlexShares®
STOXX®
Global Broad Infrastructure Index Fund |
FlexShares®
Global Quality Real Estate Index Fund |
FlexShares®
Real Assets Allocation Index Fund |
FlexShares®
Quality Dividend Index Fund |
FlexShares®
Quality Dividend Defensive Index Fund |
FlexShares®
Quality Dividend Dynamic Index Fund |
FlexShares®
International Quality Dividend Index Fund |
FlexShares®
International Quality Dividend Defensive Index Fund |
FlexShares®
International Quality Dividend Dynamic Index Fund |
FlexShares®
iBoxx 3-Year Target Duration TIPS Index Fund |
FlexShares®
iBoxx 5-Year Target Duration TIPS Index Fund |
FlexShares®
Disciplined Duration MBS Index Fund | |
LIBOR Risk | ||||||||||||
Liquidity Risk | ✓ | |||||||||||
Low Volatility Risk | ||||||||||||
Market Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Market Trading Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Mid and Small Cap Stock Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | |||
MLP Risk | ✓ | ✓ | ||||||||||
MLP Tax Risk | ✓ | ✓ | ||||||||||
Model Risk | ✓ | |||||||||||
Momentum Risk | ✓ | ✓ | ||||||||||
Mortgage-Backed Pass-Through Securities Risk | ✓ | |||||||||||
New Fund Risk | ||||||||||||
Non-Diversification Risk | ||||||||||||
Prepayment (or Call) Risk | ✓ | |||||||||||
Quality Factor Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ||||
Quality-Value Score Risk | ||||||||||||
Real Estate Securities Risk | ✓ | ✓ | ||||||||||
REIT Risk | ✓ | ✓ | ✓ | |||||||||
Sampling Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | |||
Securities Lending Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Seed Investor Risk | ||||||||||||
Substantial Volatility Risk | ||||||||||||
Tax Risk | ✓ | |||||||||||
Tracking Error Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
FlexShares®
STOXX®
Global Broad Infrastructure Index Fund |
FlexShares®
Global Quality Real Estate Index Fund |
FlexShares®
Real Assets Allocation Index Fund |
FlexShares®
Quality Dividend Index Fund |
FlexShares®
Quality Dividend Defensive Index Fund |
FlexShares®
Quality Dividend Dynamic Index Fund |
FlexShares®
International Quality Dividend Index Fund |
FlexShares®
International Quality Dividend Defensive Index Fund |
FlexShares®
International Quality Dividend Dynamic Index Fund |
FlexShares®
iBoxx 3-Year Target Duration TIPS Index Fund |
FlexShares®
iBoxx 5-Year Target Duration TIPS Index Fund |
FlexShares®
Disciplined Duration MBS Index Fund | |
U.S. Government Securities Risk | ✓ | |||||||||||
Valuation Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | |||||
Value Investing Risk | ✓ | ✓ | ||||||||||
Value Score Risk | ||||||||||||
Volatility Risk | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
FlexShares®
Credit- Scored U.S. Corporate Bond Index Fund |
FlexShares®
Credit- Scored US Long Corporate Bond Index Fund |
FlexShares®
High Yield Value-Scored Bond Index Fund |
FlexShares®
ESG & Climate High Yield Corporate Core Index Fund |
FlexShares®
ESG & Climate Investment Grade Corporate Core Index Fund | |
Authorized Participant Concentration Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
Calculation Methodology Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
Cash Transactions Risk | |||||
Concentration Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
Corporate Bond Risk | ✓ | ✓ | ✓ | ✓ | |
Credit (or Default) Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
Debt Extension Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
Depositary Receipts Risk | |||||
Derivatives Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
Distressed Securities Risk | ✓ | ✓ | |||
Dividend Risk | |||||
Emerging Markets Risk | |||||
Equity Securities Risk | |||||
ESG Investment Risk | ✓ | ✓ | |||
Foreign Securities Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
Fund of Funds Risk | |||||
Geographic Risk | |||||
High Portfolio Turnover Risk | ✓ | ✓ | ✓ | ||
High Yield Securities Risk | ✓ | ✓ | |||
Income Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
Index Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
Inflation Protected Security Risk | |||||
Interest Rate Risk | |||||
Interest Rate/Maturity Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
FlexShares®
Credit- Scored U.S. Corporate Bond Index Fund |
FlexShares®
Credit- Scored US Long Corporate Bond Index Fund |
FlexShares®
High Yield Value-Scored Bond Index Fund |
FlexShares®
ESG & Climate High Yield Corporate Core Index Fund |
FlexShares®
ESG & Climate Investment Grade Corporate Core Index Fund | |
LIBOR Risk | |||||
Liquidity Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
Low Volatility Risk | |||||
Market Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
Market Trading Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
Mid and Small Cap Stock Risk | |||||
MLP Risk | |||||
MLP Tax Risk | |||||
Model Risk | |||||
Momentum Risk | |||||
Mortgage-Backed Pass-Through Securities Risk | |||||
New Fund Risk | ✓ | ✓ | |||
Non-Diversification Risk | ✓ | ✓ | |||
Prepayment (or Call) Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
Quality Factor Risk | |||||
Quality-Value Score Risk | ✓ | ✓ | |||
Real Estate Securities Risk | |||||
REIT Risk | |||||
Sampling Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
Securities Lending Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
Seed Investor Risk | ✓ | ||||
Substantial Volatility Risk | ✓ | ✓ | |||
Tax Risk | |||||
Tracking Error Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
U.S. Government Securities Risk |
FlexShares®
Credit- Scored U.S. Corporate Bond Index Fund |
FlexShares®
Credit- Scored US Long Corporate Bond Index Fund |
FlexShares®
High Yield Value-Scored Bond Index Fund |
FlexShares®
ESG & Climate High Yield Corporate Core Index Fund |
FlexShares®
ESG & Climate Investment Grade Corporate Core Index Fund | |
Valuation Risk | ✓ | ✓ | ✓ | ✓ | ✓ |
Value Investing Risk | |||||
Value Score Risk | ✓ | ||||
Volatility Risk |
FlexShares® US Quality Low Volatility Index Fund | |||||
Year ended October 31, | For the period 07/15/19* through 10/31/19 | ||||
2022 | 2021 | 2020 | |||
Net asset value, beginning of period | $54.60 | $40.93 | $40.44 | $40.00 | |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income(a) | 0.82 | 0.57 | 0.64 | 0.17 | |
Net Realized and Unrealized Gain (Loss) | (4.70) | 13.69 | 0.38 | 0.35 | |
Total from Operations | (3.88) | 14.26 | 1.02 | 0.52 | |
Distributions | |||||
Net Investment Income | (0.70) | (0.59) | (0.53) | (0.08) | |
Total from Distributions | (0.70) | (0.59) | (0.53) | (0.08) | |
Net Asset Value, end of period | $50.02 | $54.60 | $40.93 | $40.44 | |
Total Return(b) | |||||
Net Asset Value(d) | (7.12)% | 35.05% | 2.63% | 1.30% | |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets(c) | |||||
Expenses | 0.23% | 0.23% | 0.23% | 0.23% | |
Expenses net of reimbursements | 0.22% | 0.22% | 0.22% | 0.22% | |
Net Investment Income before reimbursements | 1.58% | 1.17% | 1.55% | 1.45% | |
Net Investment Income net of reimbursements | 1.58% | 1.17% | 1.56% | 1.45% | |
Supplemental Data | |||||
Portfolio Turnover Rate(b)(e) | 48% | 43% | 47% | 9% | |
Net assets, end of period (thousands) | $162,569 | $161,074 | $110,524 | $6,067 |
* | Commencement of investment operations. |
FlexShares® Developed Markets ex-US Quality Low Volatility Index Fund | |||||
Year ended October 31, | For the period 07/15/19* through 10/31/19 | ||||
2022 | 2021 | 2020 | |||
Net asset value, beginning of period | $27.92 | $23.48 | $25.60 | $25.00 | |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 0.66(a) | 0.73(a) | 0.64(a) | 0.16(a) | |
Net Realized and Unrealized Gain (Loss) | (5.71) | 4.43 | (2.22) | 0.53 | |
Total from Operations | (5.05) | 5.16 | (1.58) | 0.69 | |
Distributions | |||||
Net Investment Income | (0.78) | (0.72) | (0.54) | (0.09) | |
Total from Distributions | (0.78) | (0.72) | (0.54) | (0.09) | |
Net Asset Value, end of period | $22.09 | $27.92 | $23.48 | $25.60 | |
Total Return(b) | |||||
Net Asset Value(d) | (18.36)% | 22.05% | (6.24)% | 2.76% | |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets(c) | |||||
Expenses | 0.33% | 0.33% | 0.33% | 0.32% | |
Expenses net of reimbursements | 0.32% | 0.32% | 0.32% | 0.32% | |
Net Investment Income before reimbursements | 2.60% | 2.68% | 2.63% | 2.21% | |
Net Investment Income net of reimbursements | 2.60% | 2.68% | 2.64% | 2.21% | |
Supplemental Data | |||||
Portfolio Turnover Rate(b)(e) | 56% | 56% | 62% | 14% | |
Net assets, end of period (thousands) | $61,852 | $75,371 | $65,747 | $5,120 |
* | Commencement of investment operations. |
FlexShares® Emerging Markets Quality Low Volatility Index Fund | |||||
Year ended October 31, | For the period 07/15/19* through 10/31/19 | ||||
2022 | 2021 | 2020 | |||
Net asset value, beginning of period | $26.41 | $23.95 | $24.94 | $25.00 | |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 0.67(a) | 0.69(a) | 0.56(a) | 0.23(a) | |
Net Realized and Unrealized Gain (Loss) | (5.82) | 2.22 | (0.91) | (0.18) | |
Total from Operations | (5.15) | 2.91 | (0.35) | 0.05 | |
Distributions | |||||
Net Investment Income | (0.69) | (0.45) | (0.64) | (0.11) | |
Tax Return of Capital | (0.04) | — | — | — | |
Total from Distributions | (0.73) | (0.45) | (0.64) | (0.11) | |
Net Asset Value, end of period | $20.53 | $26.41 | $23.95 | $24.94 | |
Total Return(b) | |||||
Net Asset Value(d) | (19.77)% | 12.09% | (1.41)% | 0.19% | |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets(c) | |||||
Expenses | 0.41% | 0.41% | 0.41% | 0.40% | |
Expenses net of reimbursements | 0.40% | 0.40% | 0.40% | 0.40% | |
Net Investment Income Before Reimbursements | 2.75% | 2.57% | 2.38% | 3.18% | |
Net Investment Income Net of Reimbursements | 2.75% | 2.58% | 2.39% | 3.18% | |
Supplemental Data | |||||
Portfolio Turnover Rate(b)(e) | 53% | 54% | 81% | 12% | |
Net assets, end of period (thousands) | $8,214 | $15,844 | $9,578 | $4,989 |
* | Commencement of investment operations. |
FlexShares® Morningstar US Market Factor Tilt Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $178.97 | $121.11 | $119.52 | $110.13 | $107.50 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 2.39(a) | 2.08(a) | 2.10(a) | 1.95(a) | 2.02(a) |
Net Realized and Unrealized Gain (Loss) | (27.93) | 57.80 | 1.60 | 9.33 | 2.59 |
Total from Operations | (25.54) | 59.88 | 3.70 | 11.28 | 4.61 |
Distributions | |||||
Net Investment Income | (2.36) | (2.02) | (2.11) | (1.89) | (1.98) |
Total from Distributions | (2.36) | (2.02) | (2.11) | (1.89) | (1.98) |
Net Asset Value, end of period | $151.07 | $178.97 | $121.11 | $119.52 | $110.13 |
Total Return | |||||
Net Asset Value(d) | (14.33)% | 49.68% | 3.28% | 10.41% | 4.22% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.26% | 0.26% | 0.26% | 0.26% | 0.25% |
Expenses net of reimbursements | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% |
Net Investment Income Before Reimbursements | 1.47% | 1.28% | 1.78% | 1.72% | 1.77% |
Net Investment Income Net of Reimbursements | 1.47% | 1.29% | 1.79% | 1.72% | 1.77% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 14% | 24% | 26% | 28% | 15% |
Net assets, end of period (thousands) | $1,397,408 | $1,727,019 | $1,174,786 | $1,446,137 | $1,387,665 |
FlexShares® Morningstar Developed Markets ex-US Factor Tilt Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $73.71 | $54.24 | $62.67 | $59.76 | $67.51 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 1.94(a) | 1.71(a) | 1.31(a) | 1.85(a) | 1.78(a) |
Net Realized and Unrealized Gain (Loss) | (18.44) | 19.27 | (7.88) | 2.89 | (7.39) |
Total from Operations | (16.50) | 20.98 | (6.57) | 4.74 | (5.61) |
Distributions | |||||
Net Investment Income | (2.61) | (1.51) | (1.86) | (1.83) | (2.14) |
Total Return of Capital | (0.12) | — | — | — | — |
Total from Distributions | (2.73) | (1.51) | (1.86) | (1.83) | (2.14) |
Net Asset Value, end of period | $54.48 | $73.71 | $54.24 | $62.67 | $59.76 |
Total Return(b) | |||||
Net Asset Value(d) | (22.83)% | 38.79% | (10.57)% | 8.13% | (8.61)% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets(c) | |||||
Expenses | 0.40% | 0.40% | 0.40% | 0.40% | 0.39% |
Expenses net of reimbursements | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
Net Investment Income Before Reimbursements | 3.02% | 2.42% | 2.28% | 3.09% | 2.65% |
Net Investment Income Net of Reimbursements | 3.02% | 2.42% | 2.28% | 3.09% | 2.65% |
Supplemental Data | |||||
Portfolio Turnover Rate(b)(e) | 27% | 29% | 21% | 25% | 34% |
Net assets, end of period (thousands) | $446,754 | $648,638 | $499,016 | $965,142 | $968,096 |
FlexShares® Morningstar Emerging Markets Factor Tilt Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $60.79 | $48.05 | $50.42 | $47.92 | $57.38 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 1.86(a) | 1.51(a) | 1.02(a) | 1.49(a) | 1.46(a) |
Net Realized and Unrealized Gain (Loss) | (18.06) | 12.40 | (1.97) | 2.46 | (9.34) |
Total from Operations | (16.20) | 13.91 | (0.95) | 3.95 | (7.88) |
Distributions | |||||
Net Investment Income | (2.37) | (1.17) | (1.42) | (1.45) | (1.58) |
Total from Distributions | (2.37) | (1.17) | (1.42) | (1.45) | (1.58) |
Net Asset Value, end of period | $42.22 | $60.79 | $48.05 | $50.42 | $47.92 |
Total Return | |||||
Net Asset Value(d) | (27.32)% | 28.95% | (1.86)% | 8.29% | (14.05)% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.60% | 0.60% | 0.60% | 0.60% | 0.59% |
Expenses net of reimbursements | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
Net Investment Income Before Reimbursements | 3.49% | 2.46% | 2.13% | 2.92% | 2.56% |
Net Investment Income Net of Reimbursements | 3.49% | 2.47% | 2.14% | 2.93% | 2.56% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 34% | 40% | 41% | 45% | 49% |
Net assets, end of period (thousands) | $206,889 | $334,372 | $225,847 | $413,414 | $488,736 |
FlexShares® US Quality Large Cap Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $50.25 | $35.48 | $34.69 | $33.44 | $31.83 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 0.61(a) | 0.50(a) | 0.62(a) | 0.68(a) | 0.54(a) |
Net Realized and Unrealized Gain (Loss) | (7.11) | 14.76 | 0.76 | 1.29 | 1.58 |
Total from Operations | (6.50) | 15.26 | 1.38 | 1.97 | 2.12 |
Distributions | |||||
Net Investment Income | (0.58) | (0.49) | (0.59) | (0.72) | (0.51) |
Total from Distributions | (0.58) | (0.49) | (0.59) | (0.72) | (0.51) |
Net Asset Value, end of period | $43.17 | $50.25 | $35.48 | $34.69 | $33.44 |
Total Return | |||||
Net Asset Value(d) | (12.98)% | 43.21% | 4.13% | 6.04% | 6.63% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.30% | 0.33% | 0.33% | 0.33% | 0.33% |
Expenses net of reimbursements | 0.30% | 0.32% | 0.32% | 0.32% | 0.32% |
Net Investment Income Before Reimbursements | 1.31% | 1.11% | 1.77% | 2.04% | 1.56% |
Net Investment Income Net of Reimbursements | 1.31% | 1.11% | 1.77% | 2.05% | 1.57% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 22% | 30% | 48% | 69% | 94% |
Net assets, end of period (thousands) | $127,350 | $144,475 | $71,842 | $51,171 | $61,859 |
FlexShares® STOXX® US ESG Select Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $112.73 | $79.16 | $72.29 | $64.33 | $60.49 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 1.22(a) | 1.26(a) | 1.27(a) | 1.21(a) | 1.09(a) |
Net Realized and Unrealized Gain (Loss) | (19.75) | 33.50 | 6.81 | 7.83 | 3.84 |
Total from Operations | (18.53) | 34.76 | 8.08 | 9.04 | 4.93 |
Distributions | |||||
Net Investment Income | (1.24) | (1.19) | (1.21) | (1.08) | (1.09) |
Total from Distributions | (1.24) | (1.19) | (1.21) | (1.08) | (1.09) |
Net Asset Value, end of period | $92.96 | $112.73 | $79.16 | $72.29 | $64.33 |
Total Return | |||||
Net Asset Value(d) | (16.51)% | 44.15% | 11.40% | 14.21% | 8.13% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.33% | 0.33% | 0.33% | 0.33% | 0.33% |
Expenses net of reimbursements | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% |
Net Investment Income Before Reimbursements | 1.20% | 1.25% | 1.67% | 1.78% | 1.66% |
Net Investment Income Net of Reimbursements | 1.20% | 1.26% | 1.68% | 1.79% | 1.67% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 46% | 40% | 66% | 75% | 110% |
Net assets, end of period (thousands) | $171,980 | $191,643 | $89,052 | $56,024 | $28,946 |
FlexShares® STOXX® Global ESG Select Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $148.57 | $106.02 | $101.77 | $91.61 | $91.97 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 2.24(a) | 2.03(a) | 1.72(a) | 2.05(a) | 1.95(a) |
Net Realized and Unrealized Gain (Loss) | (30.82) | 42.38 | 4.26 | 10.12 | (0.61) |
Total from Operations | (28.58) | 44.41 | 5.98 | 12.17 | 1.34 |
Distributions | |||||
Net Investment Income | (2.45) | (1.86) | (1.73) | (2.01) | (1.70) |
Total from Distributions | (2.45) | (1.86) | (1.73) | (2.01) | (1.70) |
Net Asset Value, end of period | $117.54 | $148.57 | $106.02 | $101.77 | $91.61 |
Total Return | |||||
Net Asset Value(d) | (19.35)% | 42.10% | 6.03% | 13.49% | 1.38% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.43% | 0.43% | 0.43% | 0.43% | 0.43% |
Expenses net of reimbursements | 0.42% | 0.42% | 0.42% | 0.42% | 0.42% |
Net Investment Income Before Reimbursements | 1.69% | 1.50% | 1.66% | 2.15% | 2.03% |
Net Investment Income Net of Reimbursements | 1.69% | 1.51% | 1.66% | 2.16% | 2.04% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 54% | 48% | 58% | 66% | 78% |
Net assets, end of period (thousands) | $146,925 | $185,717 | $111,323 | $91,590 | $73,284 |
FlexShares® ESG & Climate US Large Cap Core Index Fund | |||
Year ended October 31, 2022 | For
the period 09/20/21* through 10/31/21 | ||
Net asset value, beginning of period | $53.39 | $50.00 | |
PER SHARE | |||
Investment Operations | |||
Net Investment Income | 0.70(a) | 0.06(a) | |
Net Realized and Unrealized Gain (Loss) | (9.25) | 3.33 | |
Total from Operations | (8.55) | 3.39 | |
Distributions | |||
Net Investment Income | (0.62) | — | |
From Net Realized Gains | (0.01) | — | |
Total from Distributions | (0.63) | — | |
Net Asset Value, end of period | $44.21 | $53.39 | |
Total Return(b) | |||
Net Asset Value(d) | (16.09)% | 6.78% | |
RATIOS/SUPPLEMENT DATA | |||
Ratios to Average Net Assets(c) | |||
Expenses | 0.10% | 0.09% | |
Expenses net of reimbursements | 0.09% | 0.09% | |
Net Investment Income Before Reimbursements | 1.53% | 0.96% | |
Net Investment Income Net of Reimbursements | 1.53% | 0.96% | |
Supplemental Data | |||
Portfolio Turnover Rate(b)(e) | 18% | —%(f) | |
Net assets, end of period (thousands) | $22,103 | $2,669 |
* | Commencement of investment operations. |
FlexShares® ESG & Climate Developed Markets ex-US Core Index Fund | |||
Year ended October 31, 2022 | For
the period 09/20/21* through 10/31/21 | ||
Net asset value, beginning of period | $51.19 | $50.00 | |
PER SHARE | |||
Investment Operations | |||
Net Investment Income | 1.44(a) | 0.16(a) | |
Net Realized and Unrealized Gain (Loss) | (13.28) | 1.03 | |
Total from Operations | (11.84) | 1.19 | |
Distributions | |||
Net Investment Income | (1.20) | — | |
Total from Distributions | (1.20) | — | |
Net Asset Value, end of period | $38.15 | $51.19 | |
Total Return(b) | |||
Net Asset Value(d) | (23.36)% | 2.38% | |
RATIOS/SUPPLEMENT DATA | |||
Ratios to Average Net Assets(c) | |||
Expenses | 0.13% | 0.12% | |
Expenses net of reimbursements | 0.12% | 0.12% | |
Net Investment Income Before Reimbursements | 3.35% | 2.72% | |
Net Investment Income Net of Reimbursements | 3.35% | 2.72% | |
Supplemental Data | |||
Portfolio Turnover Rate(b)(e) | 33% | —%(f) | |
Net assets, end of period (thousands) | $17,169 | $5,119 |
* | Commencement of investment operations. |
FlexShares® ESG & Climate Emerging Markets Core Index Fund | |||
For
the period 04/20/22* through 10/31/22 | |||
Net asset value, beginning of period | $50.00 | ||
PER SHARE | |||
Investment Operations | |||
Net Investment Income | (0.76)(a) | ||
Net Realized and Unrealized Gain (Loss) | (11.42) | ||
Total from Operations | (10.66) | ||
Distributions | |||
Net Investment Income | (0.66) | ||
Total from Distributions | (0.66) | ||
Net Asset Value, end of period | $38.68 | ||
Total Return(b) | |||
Net Asset Value(d) | (21.47)% | ||
RATIOS/SUPPLEMENT DATA | |||
Ratios to Average Net Assets(c) | |||
Expenses | 0.19% | ||
Expenses net of reimbursements | 0.18% | ||
Net Investment Income Before Reimbursements | 3.15% | ||
Net Investment Income Net of Reimbursements | 3.15% | ||
Supplemental Data | |||
Portfolio Turnover Rate(b)(e) | 18% | ||
Net assets, end of period (thousands) | $3,868 |
* | Commencement of investment operations. |
FlexShares® Morningstar Global Upstream Natural Resources Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $38.66 | $26.71 | $31.40 | $31.51 | $31.59 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 1.88(a) | 1.44(a) | 0.89(a) | 1.08(a) | 0.91(a) |
Net Realized and Unrealized Gain (Loss) | 2.76 | 11.72 | (4.65) | (0.09) | (0.13) |
Total from Operations | 4.64 | 13.16 | (3.76) | 0.99 | 0.78 |
Distributions | |||||
Net Investment Income | (1.95) | (1.21) | (0.93) | (1.10) | (0.86) |
Total from Distributions | (1.95) | (1.21) | (0.93) | (1.10) | (0.86) |
Net Asset Value, end of period | $41.35 | $38.66 | $26.71 | $31.40 | $31.51 |
Total Return | |||||
Net Asset Value(d) | 12.20% | 49.70% | (11.87)% | 3.16% | 2.33% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.47% | 0.47% | 0.47% | 0.47% | 0.46% |
Expenses net of reimbursements | 0.46% | 0.46% | 0.46% | 0.46% | 0.46% |
Net Investment Income Before Reimbursements | 4.48% | 3.95% | 3.03% | 3.40% | 2.72% |
Net Investment Income Net of Reimbursements | 4.48% | 3.95% | 3.04% | 3.41% | 2.72% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 32% | 0.28% | 29% | 24% | 30% |
Net assets, end of period (thousands) | $6,834,852 | $6,052,710 | $2,924,726 | $5,510,201 | $5,435,783 |
FlexShares® STOXX® Global Broad Infrastructure Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $57.73 | $48.10 | $52.56 | $45.09 | $47.85 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | (1.35)(a) | 1.38(a) | 1.25(a) | 1.35(a) | 1.36(a) |
Net Realized and Unrealized Gain (Loss) | (9.27) | 9.57 | (4.53) | 7.34 | (2.71) |
Total from Operations | (7.92) | 10.95 | (3.28) | 8.69 | (1.35) |
Distributions | |||||
Net Investment Income | (1.49) | (1.32) | (1.18) | (1.22) | (1.41) |
Total from Distributions | (1.49) | (1.32) | (1.18) | (1.22) | (1.41) |
Net Asset Value, end of period | $48.32 | $57.73 | $48.10 | $52.56 | $45.09 |
Total Return | |||||
Net Asset Value(d) | (13.92)% | 22.85% | (6.23)% | 19.52% | (2.90)% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.48% | 0.48% | 0.48% | 0.48% | 0.47% |
Expenses net of reimbursements | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
Net Investment Income Before Reimbursements | 2.51% | 2.45% | 2.51% | 2.73% | 2.88% |
Net Investment Income Net of Reimbursements | 2.51% | 2.45% | 2.52% | 2.74% | 2.89% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 16% | 13% | 13% | 12% | 13% |
Net assets, end of period (thousands) | $2,500,518 | $2,643,906 | $1,856,596 | $1,477,030 | $773,363 |
FlexShares® Global Quality Real Estate Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $70.35 | $50.88 | $66.60 | $57.96 | $62.02 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 1.67(a) | 1.38(a) | 1.43(a) | 1.76(a) | 1.80(a) |
Net Realized and Unrealized Gain (Loss) | (17.88) | 19.13 | (14.62) | 8.68 | (3.99) |
Total from Operations | (16.21) | 20.51 | (13.19) | 10.44 | (2.19) |
Distributions | |||||
Net Investment Income | (1.99) | (1.04) | (2.50) | (1.80) | (1.87) |
Tax return of capital | (0.03) | — | (0.03) | — | — |
Total from Distributions | (2.02) | (1.04) | (2.53) | (1.80) | (1.87) |
Net Asset Value, end of period | $52.12 | $70.35 | $50.88 | $66.60 | $57.96 |
Total Return | |||||
Net Asset Value(d) | (23.51)% | 40.58% | (20.29)% | 18.37% | (3.69)% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.46% | 0.46% | 0.46% | 0.46% | 0.46% |
Expenses net of reimbursements | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
Net Investment Income Before Reimbursements | 2.63% | 2.16% | 2.53% | 2.80% | 2.92% |
Net Investment Income Net of Reimbursements | 2.63% | 2.17% | 2.54% | 2.81% | 2.92% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 54% | 52% | 56% | 53% | 61% |
Net assets, end of period (thousands) | $328,381 | $418,597 | $264,574 | $376,264 | $275,332 |
FlexShares® Real Assets Allocation Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $33.67 | $25.72 | $30.30 | $26.45 | $28.08 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 0.93(a) | 0.83(a) | 0.86(a) | 0.76(a) | 0.80(a) |
Net Realized and Unrealized Gain (Loss) | (4.72) | 7.78 | (4.58) | 3.85 | (1.64) |
Total from Operations | (3.79) | 8.61 | (3.72) | 4.61 | (0.84) |
Distributions | |||||
Net Investment Income | (1.02) | (0.66) | (0.86) | (0.76) | (0.79) |
From Net Realized Gains | — | — | — | — | 0.00(g) |
Total from Distributions | (1.02) | (0.66) | (0.86) | (0.76) | (0.79) |
Net Asset Value, end of period | $28.86 | $33.67 | $25.72 | $30.30 | $26.45 |
Total Return | |||||
Net Asset Value(d) | (11.49)% | 33.66% | (12.45)% | 17.69% | (3.09)% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.58%(h) | 0.58%(h) | 0.58%(h) | 0.58%(h) | 0.59%(h) |
Expenses net of reimbursements | 0.11%(h) | 0.12%(h) | 0.11%(h) | 0.11%(h) | 0.11%(h) |
Net Investment Income Before Reimbursements | 2.40% | 2.07% | 2.65% | 2.22% | 2.39% |
Net Investment Income Net of Reimbursements | 2.86% | 2.53% | 3.11% | 2.69% | 2.87% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 7% | 40% | 14% | 4% | 5% |
Net assets, end of period (thousands) | $28,865 | $30,300 | $4,502 | $11,361 | $13,887 |
FlexShares® Quality Dividend Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $58.35 | $43.40 | $46.33 | $44.53 | $42.57 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 1.25(a) | 1.16(a) | 1.24(a) | 1.24(a) | 1.20(a) |
Net Realized and Unrealized Gain (Loss) | (6.05) | 14.89 | (2.67) | 2.29 | 1.98 |
Total from Operations | (4.80) | 16.05 | (1.43) | 3.53 | 3.18 |
Distributions | |||||
Net Investment Income | (1.27) | (1.10) | (1.25) | (1.19) | (1.22) |
From Net Realized Gains | — | — | (0.25) | (0.54) | — |
Total from Distributions | (1.27) | (1.10) | (1.50) | (1.73) | (1.22) |
Net Asset Value, end of period | $52.28 | $58.35 | $43.40 | $46.33 | $44.53 |
Total Return | |||||
Net Asset Value(d) | (8.29)% | 37.27% | (2.98)% | 8.45% | 7.42% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.38% | 0.38% | 0.38% | 0.38% | 0.37% |
Expenses net of reimbursements | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% |
Net Investment Income Before Reimbursements | 2.24% | 2.16% | 2.79% | 2.80% | 2.64% |
Net Investment Income Net of Reimbursements | 2.24% | 2.16% | 2.79% | 2.81% | 2.64% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 40% | 51% | 75% | 95% | 76% |
Net assets, end of period (thousands) | $1,522,730 | $1,642,545 | $1,265,177 | $1,707,344 | $1,759,108 |
FlexShares® Quality Dividend Defense Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $56.01 | $42.61 | $46.25 | $44.46 | $42.04 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 1.16(a) | 1.09(a) | 1.21(a) | 1.22(a) | 1.21(a) |
Net Realized and Unrealized Gain (Loss) | (5.35) | 13.39 | (3.28) | 3.35 | 2.45 |
Total from Operations | (4.19) | 14.48 | (2.07) | 4.57 | 3.66 |
Distributions | |||||
Net Investment Income | (1.21) | (1.08) | (1.21) | (1.14) | (1.24) |
From Net Realized Gains | — | — | (0.36) | (1.64) | — |
Total from Distributions | (1.21) | (1.08) | (1.57) | (2.78) | (1.24) |
Net Asset Value, end of period | $50.61 | $56.01 | $42.61 | $46.25 | $44.46 |
Total Return | |||||
Net Asset Value(d) | (7.53)% | 34.28% | (4.45)% | 11.40% | 8.69% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% |
Expenses net of reimbursements | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% |
Net Investment Income Before Reimbursements | 2.16% | 2.10% | 2.77% | 2.76% | 2.70% |
Net Investment Income Net of Reimbursements | 2.16% | 2.11% | 2.77% | 2.76% | 2.71% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 47% | 57% | 76% | 91% | 94% |
Net assets, end of period (thousands) | $345,444 | $448,058 | $411,173 | $450,963 | $320,091 |
FlexShares® Quality Dividend Dynamic Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $62.59 | $43.94 | $45.49 | $42.20 | $41.84 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 1.23(a) | 1.22(a) | 1.33(a) | 1.21(a) | 1.15(a) |
Net Realized and Unrealized Gain (Loss) | (6.97) | 18.57 | (1.21) | 3.26 | 0.40 |
Total from Operations | (5.74) | 19.79 | 0.12 | 4.47 | 1.55 |
Distributions | |||||
Net Investment Income | (1.27) | (1.14) | (1.67) | (1.18) | (1.19) |
Total from Distributions | (1.27) | (1.14) | (1.67) | (1.18) | (1.19) |
Net Asset Value, end of period | $55.58 | $62.59 | $43.94 | $45.49 | $42.20 |
Total Return | |||||
Net Asset Value(d) | (9.23)% | 45.38% | 0.86% | 10.86% | 3.59% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% |
Expenses net of reimbursements | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% |
Net Investment Income Before Reimbursements | 2.07% | 2.14% | 2.93% | 2.81% | 2.61% |
Net Investment Income Net of Reimbursements | 2.08% | 2.15% | 2.94% | 2.82% | 2.62% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 48% | 53% | 77% | 77% | 77% |
Net assets, end of period (thousands) | $18,062 | $21,905 | $13,181 | $52,308 | $44,305 |
FlexShares® International Quality Dividend Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $25.77 | $20.15 | $23.06 | $22.37 | $26.27 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 1.15(a) | 0.97(a) | 0.79(a) | 1.13(a) | 1.22(a) |
Net Realized and Unrealized Gain (Loss) | (7.23) | 5.55 | (2.86) | 0.70 | (3.86) |
Total from Operations | (6.08) | 6.52 | (2.07) | 1.83 | (2.64) |
Distributions | |||||
Net Investment Income | (1.22) | (0.90) | (0.84) | (1.14) | (1.26) |
Total from Distributions | (1.22) | (0.90) | (0.84) | (1.14) | (1.26) |
Net Asset Value, end of period | $18.47 | $25.77 | $20.15 | $23.06 | $22.37 |
Total Return | |||||
Net Asset Value(d) | (24.11)% | 32.42% | (8.94)% | 8.41% | (10.48)% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.48% | 0.48% | 0.48% | 0.48% | 0.47% |
Expenses net of reimbursements | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
Net Investment Income Before Reimbursements | 5.11% | 3.80% | 3.68% | 4.98% | 4.77% |
Net Investment Income Net of Reimbursements | 5.11% | 3.81% | 3.68% | 4.98% | 4.78% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 69% | 68% | 74% | 71% | 71% |
Net assets, end of period (thousands) | $432,097 | $616,007 | $453,477 | $774,685 | $765,167 |
FlexShares® International Quality Dividend Defensive Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $23.82 | $19.16 | $21.87 | $21.39 | $25.06 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 0.99(a) | 0.93(a) | 0.74(a) | 1.09(a) | 1.14(a) |
Net Realized and Unrealized Gain (Loss) | (6.14) | 4.62 | (2.70) | 0.51 | (3.54) |
Total from Operations | (5.15) | 5.55 | (1.96) | 1.60 | (2.40) |
Distributions | |||||
Net Investment Income | (1.04) | (0.89) | (0.75) | (1.12) | (1.27) |
Total from Distributions | (1.04) | (0.89) | (0.75) | (1.12) | (1.27) |
Net Asset Value, end of period | $17.63 | $23.82 | $19.16 | $21.87 | $21.39 |
Total Return | |||||
Net Asset Value(d) | (22.06)% | 29.03% | (8.92)% | 7.66% | (10.03)% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Expenses net of reimbursements | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
Net Investment Income Before Reimbursements | 4.62% | 3.91% | 3.65% | 5.02% | 4.68% |
Net Investment Income Net of Reimbursements | 4.62% | 3.92% | 3.66% | 5.03% | 4.68% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 65% | 65% | 75% | 63% | 69% |
Net assets, end of period (thousands) | $40,545 | $71,459 | $59,404 | $78,719 | $87,703 |
FlexShares® International Quality Dividend Dynamic Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $30.39 | $22.38 | $24.94 | $23.51 | $27.82 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 1.45(a) | 1.28(a) | 0.70(a) | 1.05(a) | 1.32(a) |
Net Realized and Unrealized Gain (Loss) | (9.01) | 7.63 | (2.45) | 1.52 | (4.34) |
Total from Operations | (7.56) | 8.91 | (1.75) | 2.57 | (3.02) |
Distributions | |||||
Net Investment Income | (1.52) | (0.90) | (0.81) | (1.14) | (1.29) |
Total from Distributions | (1.52) | (0.90) | (0.81) | (1.14) | (1.29) |
Net Asset Value, end of period | $21.31 | $30.39 | $22.38 | $24.94 | $23.51 |
Total Return | |||||
Net Asset Value(d) | (25.48)% | 39.87% | (6.99)% | 11.30% | (11.34)% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Expenses net of reimbursements | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
Net Investment Income Before Reimbursements | 5.49% | 4.24% | 2.90% | 4.36% | 4.83% |
Net Investment Income Net of Reimbursements | 5.49% | 4.25% | 2.91% | 4.37% | 4.83% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 74% | 72% | 85% | 88% | 75% |
Net assets, end of period (thousands) | $61,788 | $75,975 | $22,376 | $47,391 | $63,481 |
FlexShares® iBoxx 3-Year Target Duration TIPS Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $26.38 | $25.73 | $24.58 | $23.81 | $24.60 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 1.72(a) | 1.09(a) | 0.33(a) | 0.46(a) | 0.68(a) |
Net Realized and Unrealized Gain (Loss) | (2.83) | 0.68 | 1.09 | 0.79 | (0.78) |
Total from Operations | (1.11) | 1.77 | 1.42 | 1.25 | (0.10) |
Distributions | |||||
Net Investment Income | (1.66) | (1.12) | (0.27) | (0.48) | (0.69) |
Tax Return of Capital | (0.03) | — | — | — | — |
Total from Distributions | (1.69) | (1.12) | (0.27) | (0.48) | (0.69) |
Net Asset Value, end of period | $23.58 | $26.38 | $25.73 | $24.58 | $23.81 |
Total Return | |||||
Net Asset Value(d) | (4.44)% | 6.95% | 5.81% | 5.30% | (0.41)% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.19% | 0.19% | 0.19% | 0.19% | 0.18% |
Expenses net of reimbursements | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% |
Net Investment Income Before Reimbursements | 6.82% | 4.14% | 1.33% | 1.89% | 2.79% |
Net Investment Income Net of Reimbursements | 6.83% | 4.15% | 1.33% | 1.89% | 2.80% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 116% | 53% | 71% | 52% | 85% |
Net assets, end of period (thousands) | $2,157,939 | $1,437,584 | $1,429,491 | $1,178,722 | $1,641,610 |
FlexShares® iBoxx 5-Year Target Duration TIPS Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $28.02 | $27.34 | $25.50 | $23.95 | $25.06 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 1.83(a) | 1.16(a) | 0.36(a) | 0.44(a) | 0.71(a) |
Net Realized and Unrealized Gain (Loss) | (4.35) | 0.70 | 1.76 | 1.59 | (1.08) |
Total from Operations | (2.52) | 1.86 | 2.12 | 2.03 | (0.37) |
Distributions | |||||
Net Investment Income | (1.84) | (1.18) | (0.28) | (0.48) | (0.74) |
Tax Return of Capital | (0.03) | — | — | — | — |
Total from Distributions | (1.87) | (1.18) | (0.28) | (0.48) | (0.74) |
Net Asset Value, end of period | $23.63 | $28.02 | $27.34 | $25.50 | $23.95 |
Total Return | |||||
Net Asset Value(d) | (9.46)% | 6.88% | 8.39% | 8.53% | (1.51)% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.19% | 0.19% | 0.19% | 0.19% | 0.18% |
Expenses net of reimbursements | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% |
Net Investment Income Before Reimbursements | 6.98% | 4.17% | 1.35% | 1.77% | 2.88% |
Net Investment Income Net of Reimbursements | 6.98% | 4.17% | 1.35% | 1.78% | 2.88% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 80% | 0.46% | 66% | 41% | 65% |
Net assets, end of period (thousands) | $643,886 | $714,479 | $596,095 | $557,185 | $904,027 |
FlexShares® Disciplined Duration MBS Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $23.42 | $24.10 | $23.55 | $22.74 | $23.86 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 0.26(a) | 0.09(a) | 0.37(a) | 0.61(a) | 0.49(a) |
Net Realized and Unrealized Gain (Loss) | (3.07) | (0.16) | 0.85 | 1.03 | (0.88) |
Total from Operations | (2.81) | (0.07) | 1.22 | 1.64 | (0.39) |
Distributions | |||||
Net Investment Income | (0.57) | (0.61) | (0.67) | (0.83) | (0.73) |
Total from Distributions | (0.57) | (0.61) | (0.67) | (0.83) | (0.73) |
Net Asset Value, end of period | $20.04 | $23.42 | $24.10 | $23.55 | $22.74 |
Total Return | |||||
Net Asset Value(d) | (12.16)% | (0.28)% | 5.19% | 7.36% | (1.65)% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% |
Expenses net of reimbursements | 0.20% | 0.20% | 0.20% | 0.20% | 0.20% |
Net Investment Income Before Reimbursements | 1.19% | 0.35% | 1.54% | 2.64% | 2.09% |
Net Investment Income Net of Reimbursements | 1.19% | 0.36% | 1.54% | 2.65% | 2.10% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 222% | 476% | 175% | 61% | 160% |
Net assets, end of period (thousands) | $97,189 | $111,243 | $100,020 | $35,330 | $71,628 |
FlexShares® Credit-Scored US Corporate Bond Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $53.52 | $54.70 | $52.58 | $48.59 | $50.98 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 1.04(a) | 0.91(a) | 1.32(a) | 1.63(a) | 1.40(a) |
Net Realized and Unrealized Gain (Loss) | (7.83) | (0.51) | 2.39 | 3.94 | (2.43) |
Total from Operations | (6.79) | 0.40 | 3.71 | 5.57 | (1.03) |
Distributions | |||||
Net Investment Income | (1.06) | (0.96) | (1.37) | (1.58) | (1.36) |
From Net Realized Gains | (0.41) | (0.62) | (0.22) | — | — |
Total from Distributions | (1.47) | (1.58) | (1.59) | (1.58) | (1.36) |
Net Asset Value, end of period | $45.26 | $53.52 | $54.70 | $52.58 | $48.59 |
Total Return | |||||
Net Asset Value(d) | (12.91)% | 0.70% | 7.20% | 11.66% | (2.05)% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.23% | 0.23% | 0.23% | 0.23% | 0.23% |
Expenses net of reimbursements | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% |
Net Investment Income Before Reimbursements | 2.11% | 1.68% | 2.46% | 3.20% | 2.83% |
Net Investment Income Net of Reimbursements | 2.11% | 1.69% | 2.46% | 3.21% | 2.84% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 66% | 53% | 62% | 65% | 76% |
Net assets, end of period (thousands) | $242,139 | $315,740 | $202,397 | $97,275 | $60,736 |
FlexShares® Credit-Scored US Long Corporate Bond Index Fund | |||||
Year ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Net asset value, beginning of period | $60.85 | $61.81 | $57.84 | $48.04 | $53.88 |
PER SHARE | |||||
Investment Operations | |||||
Net Investment Income | 1.93(a) | 1.90(a) | 1.99(a) | 2.11(a) | 2.07(a) |
Net Realized and Unrealized Gain (Loss) | (20.48) | 1.22 | 3.90 | 9.89 | (5.87) |
Total from Operations | (18.55) | 3.12 | 5.89 | 12.00 | (3.80) |
Distributions | |||||
Net Investment Income | (1.92) | (1.88) | (1.92) | (2.20) | (2.04) |
From Net Realized Gains | (0.94) | (2.20) | — | — | — |
Total from Distributions | (2.86) | (4.08) | (1.92) | (2.20) | (2.04) |
Net Asset Value, end of period | $39.44 | $60.85 | $61.81 | $57.84 | $48.04 |
Total Return | |||||
Net Asset Value(d) | (31.58)% | 5.14% | 10.34% | 25.57% | (7.24)% |
RATIOS/SUPPLEMENT DATA | |||||
Ratios to Average Net Assets | |||||
Expenses | 0.23% | 0.23% | 0.23% | 0.23% | 0.23% |
Expenses net of reimbursements | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% |
Net Investment Income Before Reimbursements | 3.86% | 3.13% | 3.27% | 4.06% | 4.05% |
Net Investment Income Net of Reimbursements | 3.86% | 3.14% | 3.28% | 4.07% | 4.06% |
Supplemental Data | |||||
Portfolio Turnover Rate(e) | 58% | 88% | 74% | 44% | 93% |
Net assets, end of period (thousands) | $35,498 | $60,855 | $46,360 | $17,352 | $26,424 |
FlexShares® High Yield Value-Scored Bond Index Fund | ||||||
Year ended October 31, | For the period 07/17/18* through 10/31/18 | |||||
2022 | 2021 | 2020 | 2019 | |||
Net asset value, beginning of period | $49.58 | $46.25 | $47.85 | $48.84 | $50.00 | |
PER SHARE | ||||||
Investment Operations | ||||||
Net Investment Income | 2.98(a) | 2.67(a) | 3.12(a) | 2.67(a) | 1.68(a) | |
Net Realized and Unrealized Gain (Loss) | (9.24) | 3.42 | (1.77) | 0.78 | (1.60) | |
Total from Operations | (6.26) | 6.09 | 1.35 | 3.45 | 0.08 | |
Distributions | ||||||
Net Investment Income | (2.86) | (2.76) | (2.95) | (3.57) | (1.24) | |
From Net Realized Gains | (0.37) | — | — | — | — | |
Tax Return of Capital | — | — | — | (0.87) | — | |
Total from Distributions | (3.23) | (2.76) | (2.95) | (4.44) | (1.24) | |
Net Asset Value, end of period | $40.09 | $49.58 | $46.25 | $47.85 | $48.84 | |
Total Return(b) | ||||||
Net Asset Value(d) | (13.06)% | 13.38% | 3.07% | 7.48% | 0.13% | |
RATIOS/SUPPLEMENT DATA | ||||||
Ratios to Average Net Assets(c) | ||||||
Expenses | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% | |
Expenses net of reimbursements | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% | |
Net Investment Income Before Reimbursements | 6.81% | 5.40% | 6.78% | 5.56% | 11.56% | |
Net Investment Income Net of Reimbursements | 6.81% | 5.40% | 6.78% | 5.57% | 11.57% | |
Supplemental Data | ||||||
Portfolio Turnover Rate(b)(e) | 146% | 128% | 95% | 44% | 18% | |
Net assets, end of period (thousands) | $887,945 | $575,184 | $189,623 | $100,480 | $48,845 |
* | Commencement of investment operations. |
FlexShares® ESG & Climate High Yield Corporate Core Index Fund | ||
Year ended October 31, 2022 | For
the period 09/20/21* through 10/31/21 | |
Net asset value, beginning of period | $49.77 | $50.00 |
PER SHARE | ||
Investment Operations | ||
Net Investment Income | 2.04(a) | 0.21(a) |
Net Realized and Unrealized Gain (Loss) | (8.09) | (0.44) |
Total from Operations | (6.05) | (0.23) |
Distributions | ||
Net Investment Income | (2.86) | — |
Total from Distributions | (2.86) | — |
Net Asset Value, end of period | $40.86 | $49.77 |
Total Return(b) | ||
Net Asset Value(d) | (12.47)% | (0.50)% |
RATIOS/SUPPLEMENT DATA | ||
Ratios to Average Net Assets(c) | ||
Expenses | 0.24% | 0.23% |
Expenses net of reimbursements | 0.23% | 0.23% |
Net Investment Income Before Reimbursements | 4.37% | 3.64% |
Net Investment Income Net of Reimbursements | 4.37% | 3.64% |
Supplemental Data | ||
Portfolio Turnover Rate(b)(e) | 119% | 8% |
Net assets, end of period (thousands) | $20,432 | $49,767 |
* | Commencement of investment operations. |
FlexShares® ESG & Climate Investment Grade Corporate Core Index Fund | |||
Year ended October 31, 2022 | For
the period 09/20/21* through 10/31/21 | ||
Net asset value, beginning of period | $49.35 | $50.00 | |
PER SHARE | |||
Investment Operations | |||
Net Investment Income | 1.07(a) | 0.10(a) | |
Net Realized and Unrealized Gain (Loss) | (10.68) | (0.75) | |
Total from Operations | (9.61) | (0.65) | |
Distributions | |||
Net Investment Income | (1.15) | — | |
Total from Distributions | (1.15) | — | |
Net Asset Value, end of period | $38.59 | $49.35 | |
Total Return(b) | |||
Net Asset Value(d) | (19.73)% | (1.32)% | |
RATIOS/SUPPLEMENT DATA | |||
Ratios to Average Net Assets(c) | |||
Expenses | 0.13% | 0.12% | |
Expenses net of reimbursements | 0.12% | 0.12% | |
Net Investment Income Before Reimbursements | 2.41% | 1.81% | |
Net Investment Income Net of Reimbursements | 2.41% | 1.81% | |
Supplemental Data | |||
Portfolio Turnover Rate(b)(e) | 66% | 8% | |
Net assets, end of period (thousands) | $23,156 | $49,347 |
* | Commencement of investment operations. |
(a) | Net investment income per share is based on average shares outstanding. |
(b) | Not annualized for periods less than one year. |
(c) | Annualized for periods less than one year. |
(d) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period at adjusted net asset value. |
(e) | In-kind transactions are not included in portfolio turnover calculations. |
(f) | Less than 0.5%. |
(g) | Per share amount is less than $0.005. |
(h) | The Fund indirectly bears its proportionate share of fees and expenses incurred by the Underlying Fund(s) in which the Fund is invested. This ratio does not include these indirect fees and expenses. |