Press release
Northern Trust Asset Management’s FlexShares® Enters European ETF Market
ETFs Focused on Sustainability, Low-Volatility / Income with a Quality Overlay LONDON--(BUSINESS WIRE)-- Northern Trust Asset Management’s FlexShares
About this update from Northern Trust Corporation
[{"type":"text","content":"\nETFs Focused on Sustainability, Low-Volatility / Income with a Quality Overlay\n\n LONDON--(BUSINESS WIRE)--\nNorthern Trust Asset Management’s FlexShares Exchange Traded Funds today announced the launch of two climate focused exchange traded funds (ETFs): the FlexShares® Developed Markets Low Volatility Climate ESG UCITS ETF (QVFD) and the 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.\n\n“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 income in a low yield environment while doing so with a focus on quality.”\n\nBoth strategies will utilize Northern Trust Asset Management’s proprietary Quality factor in an effort to identify companies that exhibit strength in profitability, management expertise and cash flow while maximizing the portfolio’s ESG exposure and reducing its carbon footprint.\n\n\nQVFD is a low volatility fund featuring stocks that exhibit lower overall absolute volatility cash flow, combined with quality and ESG to maximize quality, improve ESG ratings and create minimum variance. It tracks the iSTOXX® Northern Trust Developed Markets Low Volatility Climate ESG Index.\n\n\nQDFD is an income fund featuring stocks that exhibit a high potential to generate income, combined with quality and ESG to maximize quality, improve ESG ratings and enhance dividend yield. It tracks the iSTOXX® Northern Trust Developed Markets High Dividend Climate ESG Index.\n\n\nFlexShares partnered with index provider STOXX to develop benchmarks for both QVFD and QDFD. As FlexShares expands its platform in Europe, it will be looking for various opportunities to develop new proprietary benchmarks best suited to its products and investor needs.\n\n“FlexShares has been leveraging Northern Trust Asset Management’s investment capabilities since our initial US launch in 2011,” added Darek Wojnar, glob...