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Northern Trust Asset Management's FlexShares Enters European ETF Market


Northern Trust Asset Management s FlexShares Enters European ETF Market
ETFs Focused on Sustainability, Low-Volatility Income with a Quality Overlay
Northern Trust Asset Management s FlexShares Exchange Traded Funds today announced the launch of two climate focused exchange traded funds (ETFs):
the FlexShares
FlexShares
Developed Market High Dividend Climate ESG UCITS ETF (QDFD). The Funds represent FlexShares first ETFs available in Europe, with additional funds planned to launch in the coming months.
We re pleased to present the first FlexShares products in Europe, which reflect Northern Trust Asset Management s three decades of experience in managing sustainability-focused investment strategies, said
Marie Dzanis, head of Europe, Middle East and Africa (EMEA). Actively designed with the transparency of indexing, these two ETFs are built specifically to fit within EMEA investors evolving needs to help manage portfolio volatility and deliver ....

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FlexShares Announces Liquidation of Two Exchange Traded Funds


FlexShares Announces Liquidation of Two Exchange Traded Funds
Northern Trusts FlexShares
Exchange Traded Funds announced the liquidation and termination of two exchange-traded funds: FlexShares Currency Hedged Morningstar DM ex-US Factor Tilt Index Fund (TLDH) and FlexShares Currency Hedged Morningstar EM Factor Tilt Index Fund (TLEH). It is expected that the Funds will be liquidated on or about January 29, 2021 (the Liquidation Date).
Upon the close of business on or about January 15, 2021, each Fund will discontinue accepting orders for the purchase of creation units, and trading in shares of the Funds is expected to be halted on the NYSE Arca, Inc. Shareholders may sell shares of the Funds on NYSE Arca until market close on or about January 15, 2021, and may incur the usual and customary brokerage commissions associated with such sales. ....

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