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Name

As of 11/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

FlexShares Real Assets Allocation Index Fund

ASET | ETF

$31.97

$10.9 M

2.67%

$0.85

0.97%

Vitals

YTD Return

6.3%

1 yr return

12.5%

3 Yr Avg Return

1.1%

5 Yr Avg Return

4.1%

Net Assets

$10.9 M

Holdings in Top 10

99.9%

52 WEEK LOW AND HIGH

$31.8
$29.17
$32.89

Expenses

OPERATING FEES

Expense Ratio 0.97%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 14.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

FlexShares Real Assets Allocation Index Fund

ASET | ETF

$31.97

$10.9 M

2.67%

$0.85

0.97%

ASET - Profile

Distributions

  • YTD Total Return 6.3%
  • 3 Yr Annualized Total Return 1.1%
  • 5 Yr Annualized Total Return 4.1%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 2.7%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    FlexShares Real Assets Allocation Index Fund
  • Fund Family Name
    Flexshares Trust
  • Inception Date
    Nov 23, 2015
  • Shares Outstanding
    1000001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Robert Anstine

Fund Description

The Fund is a fund of funds and seeks its investment objective by investing primarily in the shares of other FlexShares® ETFs (each an “Underlying Fund” and together, the “Underlying Funds”) that are eligible for inclusion in the Underlying Index and listed below, rather than in securities of individual companies. The Underlying Funds themselves seek investment results corresponding to their own respective underlying indexes. The Underlying Funds invest primarily in separate sets of securities representing or providing exposures to global “real assets.” Real assets are defined by NTI, acting in its capacity as index provider (the “Index Provider”), as physical or tangible assets. Examples of real assets include but are not limited to
commodities, precious metals, oil, and real estate. Each Underlying Fund has its own risk profile and will contribute differently to the overall risk profile of the Fund. Each of the Underlying Funds invests in equity securities that are traded in or are issued by companies domiciled in global developed or emerging markets (including the U.S.). Certain of the Underlying Funds may invest in publicly-traded units of master limited partnerships (“MLPs”) and real estate investment trusts (“REITs”).
The Underlying Index is designed to reflect the performance of an optimized allocation to the Underlying Funds that is intended to provide exposures to certain real assets and minimize overall volatility of investment in the Underlying Funds.
As of December 31, 2023, the Underlying Index was comprised of the following Underlying Funds, each of which invests primarily in equity securities: a 50.89% weight to FlexShares® STOXX® Global Broad Infrastructure Index Fund, a 31.29% weight to FlexShares® Morningstar Global Upstream Natural Resources Index Fund and a 17.83% weight to FlexShares® Global Quality Real Estate Index Fund. The Underlying Index was constituted and is rebalanced at least annually using a rules-based methodology. The Underlying Index may be rebalanced semi-annually if the volatility of investment in the Underlying Funds surpasses a minimum threshold. The weights of each Underlying Fund, and the degree to which each Underlying Fund represents exposure to certain real assets, may change over time as the Underlying Index and the underlying indexes of the Underlying Funds are reconstituted and/or rebalanced (which may be quarterly) and their component securities fluctuate in value. The Fund generally reconstitutes and/or rebalances its portfolio in accordance with the Underlying Index.
NTI uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.
NTI generally intends to replicate the constituent securities of the Fund’s Underlying Index. “Replication” is an indexing strategy in which a fund invests in substantially all of the securities in its underlying index in approximately the same proportions as in the underlying index. NTI may use a “representative sampling” strategy in certain circumstances, such as when it may not be possible or practicable to fully implement a replication strategy. Representative sampling is investing in a representative sample of securities that collectively has an investment profile similar to the Underlying Index.
Under normal circumstances, the Fund will invest at least 80% of its total assets (exclusive of collateral held from securities lending) in the securities of the Underlying Index. The Fund may also invest up to 20% of its assets in cash and cash equivalents, including shares of money market funds advised by NTI or its affiliates, futures contracts and options on futures contracts, as well as securities not included in the Underlying Index, but which NTI believes will help the Fund track its Underlying Index.
The Underlying Index is created and sponsored by NTI. NTI also serves as the investment adviser to the Fund and the Underlying Funds. NTI, as the Index Provider, determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.
The Fund may lend securities representing up to one-third of the value of the Fund’s total assets (including the value of the collateral received).
From time to time the Fund may focus its investments (i.e.,invest more than 15% of its total assets) in one or more particular countries or geographic regions.
Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated.
Read More

ASET - Performance

Return Ranking - Trailing

Period ASET Return Category Return Low Category Return High Rank in Category (%)
YTD 6.3% -35.6% 29.2% 12.98%
1 Yr 12.5% 17.3% 252.4% 87.16%
3 Yr 1.1%* -3.5% 34.6% 80.54%
5 Yr 4.1%* 0.1% 32.7% 93.02%
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Return Ranking - Calendar

Period ASET Return Category Return Low Category Return High Rank in Category (%)
2023 2.2% -24.3% 957.1% 88.65%
2022 -12.3% -38.3% 47.1% 53.86%
2021 15.6% -54.2% 0.6% 26.38%
2020 -3.1% -76.0% 54.1% 81.26%
2019 20.6% -26.1% 47.8% 28.07%

Total Return Ranking - Trailing

Period ASET Return Category Return Low Category Return High Rank in Category (%)
YTD 6.3% -35.6% 29.2% 12.53%
1 Yr 12.5% 11.4% 252.4% 84.66%
3 Yr 1.1%* -3.5% 34.6% 78.59%
5 Yr 4.1%* 0.1% 32.7% 91.95%
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Total Return Ranking - Calendar

Period ASET Return Category Return Low Category Return High Rank in Category (%)
2023 5.3% -24.3% 957.1% 88.65%
2022 -9.9% -33.1% 47.1% 54.24%
2021 18.6% -44.4% 1.8% 46.84%
2020 -0.8% -6.5% 54.1% 92.53%
2019 24.4% -14.4% 47.8% 48.17%

ASET - Holdings

Concentration Analysis

ASET Category Low Category High ASET % Rank
Net Assets 10.9 M 199 K 133 B 98.25%
Number of Holdings 3 1 9075 99.56%
Net Assets in Top 10 7.84 M -18 M 37.6 B 91.30%
Weighting of Top 10 99.95% 9.1% 100.0% 1.26%

Top 10 Holdings

  1. FlexShares STOXX Global Broad Infrastructure Index Fund 51.59%
  2. FlexShares Morningstar Global Upstream Natural Resources Index Fund 37.86%
  3. FlexShares Global Quality Real Estate Index Fund 10.50%

Asset Allocation

Weighting Return Low Return High ASET % Rank
Cash 		0.05% -174.70% 23.12% 71.59%
Stocks 		0.00% 61.84% 125.47% 26.10%
Preferred Stocks 		0.00% -0.01% 5.28% 40.86%
Other 		0.00% -13.98% 19.14% 18.61%
Convertible Bonds 		0.00% 0.00% 4.46% 33.59%
Bonds 		0.00% -1.50% 161.67% 37.00%

ASET - Expenses

Operational Fees

ASET Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.97% 0.01% 44.27% 89.28%
Management Fee 0.49% 0.00% 1.82% 28.99%
12b-1 Fee 0.00% 0.00% 1.00% 3.10%
Administrative Fee N/A 0.01% 0.76% N/A

Sales Fees

ASET Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ASET Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ASET Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 0.00% 395.00% 11.47%

ASET - Distributions

Dividend Yield Analysis

ASET Category Low Category High ASET % Rank
Dividend Yield 2.67% 0.00% 3.26% 1.31%

Dividend Distribution Analysis

ASET Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Annually Annually

Net Income Ratio Analysis

ASET Category Low Category High ASET % Rank
Net Income Ratio N/A -4.27% 12.65% 3.64%

Capital Gain Distribution Analysis

ASET Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

ASET - Fund Manager Analysis

Managers

Robert Anstine

Start Date

Tenure

Tenure Rank

Nov 23, 2015

6.52

6.5%

Robert Anstine is Vice President of NTI. Mr. Anstine joined NTI in 2011 and is responsible for managing various global index equity portfolios. In addition, he has been involved with the investment management of the FlexShares equity index funds since their inception. Prior to joining NTI and since 2007, Mr. Anstine worked at Northern Trust as an operations manager.

Brendan Sullivan

Start Date

Tenure

Tenure Rank

Jun 21, 2016

5.95

6.0%

Brendan Sullivan is a Vice President of Northern Trust Investments Inc. Mr. Sullivan joined NTI in 2012 and is a Senior Portfolio Manager responsible for the management of international equity index portfolios, overlay mandates and equity exchange-traded funds. Prior to joining NTI in May 2012, Mr. Sullivan was an Index Strategist at RBC Capital Markets, where he produced research and advised clients on implementing strategies around index events.

Volter Bagriy

Start Date

Tenure

Tenure Rank

Mar 01, 2021

1.25

1.3%

Mr. Bagriy joined Northern Trust Investments, Inc. in 2014 and serves as a portfolio manager on the Global Index team.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25

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