Northern Trust has expanded its line-up of FlexShares exchange-traded funds (ETF) with the launch of three dividend-oriented equity funds that pursue income potential and long-term capital growth from a universe of international developed and emerging market stocks. The new funds complement the provider’s existing ‘quality dividend’ suite, creating a diversified set of strategies.
‘ FlexShares ’
AdvisorShares, a US-based sponsor of actively managed exchange-traded funds (ETFs), has teamed up with San Francisco-based Newfleet Asset Management to launch the AdvisorShares Newfleet Multi-Sector Income ETF (MINC). The fund’s objective, resembling that of the Pimco Enhanced Short Maturity Strategy ETF (MINT), is to provide current income consistent with preservation of capital, while limiting fluctuations in net asset value due to changes in interest rates.
Israel’s TA-25 Index, the flagship index of the Tel Aviv Stock Exchange (TASE), celebrated its 20th birthday earlier this month. Since its debut back in January 1992, the index, which measures the performance of 25 of TASE’s largest companies, has become one of the most widely followed gauges of Israeli stocks and the underlying benchmark for a range of locally listed exchange-traded notes (ETNs)
Morningstar Indexes has launched the Morningstar US Real Asset Index, a diversified index portfolio of liquid assets that traditionally provide a hedge against inflation. The index, which includes exposure to Treasury inflation-protected securities (TIPS), real estate investment trusts (REITs) and commodity-based stocks and futures, could help investors control their exposure to inflation.
FlexShares, the exchange-traded funds (ETFs) platform of Northern Trust, has introduced three dividend-focused ETFs designed to help investors achieve their income needs while still participating in capital growth through the equity market. The three NYSE-listed funds invest in “quality” companies that provide dividend income while targeting different levels of market volatility or beta. Portfolio holdings are weighted according to a combination of fundamental attributes (management strength, profitability and cashflow) and beta.
FlexShares, sponsored and managed by Northern Trust, has launched its first actively managed ETF, the FlexShares Ready Access Variable Income ETF (RAVI). Designed for liquidity-focused investors seeking higher yields, the cash management fund has a variable net asset value (NAV) and can invest beyond the limits of traditional money market funds.
FlexShares has introduced two new exchange-traded funds (ETFs), the FlexShares Morningstar Developed Markets ex-US Factor Tilt Index ETF (TLTD) and the FlexShares Morningstar Emerging Market Factor Tilt Index ETF (TLTE), that focus on developed markets outside the US and emerging markets while seeking to counterbalance the inherent bias towards large-growth companies embedded in market-weighted strategies.
FlexShares, the ETF platform of investments giant Northern Trust, has announced that assets within its ETF range have surpassed $1 billion. Launched less than one year ago in September 2011, FlexShares has become one of the fastest-growing ETF providers in the competitive US marketplace.