FlexShares lists 1 Equity ETF on LSE

FlexShares lists today one new Equity ETF on the London Stock Exchange

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By ETFWorld.co.uk

FlexShares® Listed Private Equity UCITS ETF Share Class USD Accumulating

ISIN: IE0008ZGI5C1

Management Company: Northern Trust Fund Managers (Ireland) Limited

OBJECTIVES AND INVESTMENT POLICY

The investment objective of the ETF is to closely match the risk and return characteristics of the Foxberry Listed Private Equity SDG Screened USD Net Total Return Index, less the fees and expenses of the Fund.

The Fund invests in transferable securities that as far as possible and practicable consists of the component securities of the Index. Such transferable securities may include common stock, depositary receipts, preferred shares, listed closed-ended funds and convertible securities.

Target Market: This Fund is appropriate for investors who plan to invest over the medium to long term; and are looking for a passively managed investment in the relevant market(s).

The Fund is an index tracking Fund and seeks to track the risk and return characteristics of the Index by buying all or most of the stocks of the Index. This means it may not hold all the same assets as the Index or hold assets in the same proportion as the Index, and the Fund may not match the Index performance.

The Index is a custom index which is designed to track a universe of securities that provide exposure to the leading listed private equity companies in developed markets.

For efficient portfolio management purposes the Fund may invest in derivatives and other financially linked instruments (such as currency forwards and exchange traded futures) to reduce risk, minimise costs or generate additional capital or income. A derivative is a financial contract whose value is derived from other assets.

The shares in the Fund are accumulating and any income received will be included in the value of your shares.

The base currency of the Fund is U.S. Dollar.

The shares are listed on one or more stock exchanges and may be traded in currencies other than their base currency. The performance of your shares may be affected by this currency difference. In normal circumstances, only Authorised Participants (e.g. select financial institutions) may deal in shares directly with the Fund. Other investors can deal in shares daily through an intermediary (e.g. a stockbroker) on stock exchange (s) on which the shares are traded.

Authorised Participants may redeem their Shares on demand in accordance with the “Dealing Calendar” published on www.flexshares.com daily (on each dealing day of the Fund). Instructions must be received by the Fund’s administrator before 16:00 (Irish time) on the business day prior to the relevant dealing day.

Below is the Tables with the relevant data:

Source: ETFWorld.co.uk