The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Low Volatility IndexSM (the "Underlying Index").
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Learn the three step quality ranking process that the FlexShares US Quality Low Volatility Index Fund (QLV) utilizes to find what we believe are long-term quality US-based companies that possess lower overall absolute volatility characteristics that also exhibit financial strength and stability characteristics.
The Northern Trust Quality Low Volatility Index (Underlying Index) is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to the Northern Trust 1250 Index, a float-adjusted market capitalization weighted index of U.S. domiciled large- and mid-capitalization companies. In addition, the Underlying Index looks to select companies from the Parent Index that exhibit financial strength and stability (i.e., quality) characteristics. The Underlying Index seeks to enhance risk-return characteristics and have lower volatility to the broader U.S. equity market.