FlexShares Launch Three Dividend ETPs

New ETP 18.04.2013

The 3 Smart Beta Dividend ETPs are all build around the same Northern Trust International Large Cap Index but vary by their “Beta” Exposure.

The Northern Trust International Large Cap Index is a float-adjusted market capitalization weighted index comprised of eligible large capitalization securities of developed or emerging market countries. This index is subsequently screened according to a Proprietary “Quality Screen” and the three sub-indices are constructed by an algorithm with a number of Constraints that depending on the sub-index target a specific Market beta in the range on 0.5-1.0, 1.0-1.5 or a Market Beta equal to the Northern Trust International Large Cap Index.

As mentioned the index has a number of Country, Sector, Style Factor and Turnover Constraints build into the weighting optimization algorithm.

 

FlexShares® International Quality Dividend Defensive Index Fund pursues a strategy that, in line with its stated investment objective, provides exposure to international securities while providing dividend payments. It is intended as a core international stock market option that also helps investors try to meet their income needs. The strategy applies a proprietary scoring model approach that determines a "quality factor" and an optimization process that seeks to maximize this factor, target a beta lower than the Parent Index (Northern Trust International Large Cap Index) and improve on the Parent Index's dividend yield. Dividend payments of income are anticipated quarterly with realized capital gains dividends anticipated at least annually. (http://www.cranberger.com/product/US33939L8110)

 

FlexShares® International Quality Dividend Index Fund pursues a strategy that, in line with its stated investment objective, provides exposure to international securities while providing dividend payments. It is intended as a core international stock market option that also helps investors try to meet their income needs. The strategy applies a proprietary scoring model approach that determines a "quality factor" and an optimization process that seeks to maximize this factor, match the beta of the Parent Index (Northern Trust International Large Cap Index) and improve on the Parent Index's dividend yield. Dividend payments of income are anticipated quarterly with realized capital gains dividends anticipated at least annually. (http://www.cranberger.com/product/US33939L8375)

 

FlexShares® International Quality Dividend Dynamic Index Fund pursues a strategy that, in line with its stated investment objective, provides exposure to international securities while providing dividend payments. It is intended as a core international stock market option that also helps investors try to meet their income needs. The strategy applies a proprietary scoring model approach that determines a "quality factor" and an optimization process that seeks to maximize this factor, target a beta higher than the Parent Index (Northern Trust International Large Cap Index) and improve on the Parent Index's dividend yield. Dividend payments of income are anticipated quarterly with realized capital gains dividends anticipated at least annually. (http://www.cranberger.com/product/US33939L8292)

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