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GUNR
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FlexShares Morningstar Global Upstream Natural Resources Index Fund
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FlexShares® Morningstar Global Upstream Natural Resources Index ETF seeks to provide investors exposure to the rising demand for natural resources that is being driven by globalization. It is one of the first ETFs with a balanced emphasis on the "upstream" portion of the natural resources supply chain, providing coverage of global companies in the energy, metals and agriculture sectors, while maintaining a core exposure to timberlands and water resources sectors. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Morningstar Global Upstream Natural Resources Index. Realized capital gains and income dividends are anticipated to be declared and paid at least annually.
• Mining the Commodities Complex • Gaining Exposure to Natural Resources: The Case for Investing in the Upstream Supply Chain |
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| Inception | 09/16/2011 |
| CUSIP | 33939L407 |
| Total Net Assets | $2,452,734,128.70 |
| Shares Outstanding | 73,850,001 |
| # of Holdings | 122 |
| Gross Expense Ratio | .50% |
| Net Expense Ratio | .48% |
| Index Provider | MORNINGSTAR |
| Primary Exchange | NYSE |
| Options Available | Y |
| Marginable | Y |
| Derivative Use | Y |
| Securities Lending | N |
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*NTI has contractually agreed to reimburse the fees and expenses of the Fund’s independent trustees and independent legal counsel until March 1, 2014.
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| ETF Ticker | GUNR |
| Related Index | MUNR |
| NAV | GUNR.NV |
| IOPV | GUNR.IV |
| Shares Outstanding | GUNR.SO |
| Estimated Cash | GUNR.EU |
| Total Cash | GUNR.TC |
| 30-Day SEC Yield(as of 05/31/2013) | 2.48% |
| Distribution Yield | 1.10% |
| 12-Month Dividend Yield | 1.11% |
| Weighted Average Market Cap | 69,760,913,186.32 |
| Price to Earnings (as of 05/31/2013) | 17.31 |
| Price to Book (as of 05/31/2013) | 2.17 |
| Price to Cash Flow (as of 05/31/2013) | 11.05 |
| Price to Sales (as of 05/31/2013) | 2.04 |
| View Standardized Performance |
| % of Fund | |
| Large-Cap | 76.19 |
| Mid-Cap | 20.18 |
| Small-Cap | 3.63 |
| Total | 100.00 |
| % of Fund | |
| Growth | 21.59 |
| Value | 48.55 |
| Core | 27.58 |
| Unclassified | 2.27 |
| Total | 100.00 |
| FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) | |||||
| 1 Month | QTD | YTD | 1 Year | Since Inception 09/16/2011 |
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| Market Price | -2.15 | -3.99 | -5.31 | 9.08 | -1.47 |
| NAV | -1.72 | -3.43 | -4.06 | 9.83 | -1.33 |
| Morningstar Global Upstream Natural Resources (MUNRT) | -1.65 | -3.39 | -4.12 | 10.17 | -1.29 |
| S&P Global Natural Resources Index (SPGNRUN) | -1.69 | -3.03 | -4.43 | 10.50 | -2.36 |
| FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) | |||||
| 1 Month | QTD | YTD | 1 Year | Since Inception 09/16/2011 |
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| Market Price | -.40 | -1.38 | -1.38 | -.32 | 1.01 |
| NAV | -.88 | -.65 | -.65 | -.29 | .78 |
| Morningstar Global Upstream Natural Resources (MUNRT) | -.91 | -.76 | -.76 | -.11 | .80 |
| S&P Global Natural Resources Index (SPGNRUN) | -1.72 | -1.45 | -1.45 | -1.41 | -.66 |
Performance information presented on this website is historical, and is not indicative of future results. Investment returns and principal may vary, and at the time of sale an investment may be worth more or worth less than its original value. For most recent month end performance please call 1-855-353-9383 (1-855-FlexETF). All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. The fund inception date is generally several days prior to when the fund begins trading. NAV prices are used to calculate market price performance prior to 09/22/2011, when the fund first traded on the New York Stock Exchange. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. They do not represent the returns you would receive if you traded shares at other times. Index performance does not represent FlexShares fund performance. It is not possible to invest directly in an index.
| Gross Expense Ratio | .50% |
| Net Expense Ratio | .48% |
Definitions
Net Asset Value (NAV)
NAV is a fund’s price per share, which is calculated by dividing the total value of all the securities in the fund’s portfolio plus cash, interest and receivables less any liabilities by the number of fund shares outstanding.
Market Price
Because ETFs trade like stocks, ETF shares trade at market value on the secondary market, which can be a dollar value above (trading at a premium) or below (trading at a discount) the fund’s NAV.
| Price | $33.29 |
| Price $ Change | $.17 |
| Price % Change | .51% |
| Avg Bid/Ask Spread | $.03 |
| Bid/Ask Midpoint | $33.27 |
| Closing Bid Price | $33.26 |
| Closing Ask Price | $33.28 |
| Price | $33.21 |
| Price $ Change | $.13 |
| Price % Change | .39% |
| 52-Week High | $36.92 |
| 52-Week Low | $31.26 |
| Premium/Discount | $.06 |
| Daily Trading Volume (Shares) | 288,012 |
| Average Trading Volume (Shares) | 301,201 |
| Shares Outstanding | 73,850,001 |
| Name | Ticker | Fund Weight % | Sector | Market Cap | Country |
|---|---|---|---|---|---|
| MONSANTO CO COM STK USD0.01 | MON | 6.2506 | Agriculture | Large-Cap | |
| EXXON MOBIL CORP COM STK NPV | XOM | 5.4559 | Energy | Large-Cap | |
| CHEVRON CORP COM STK USD0.75 | CVX | 4.4680 | Energy | Large-Cap | |
| BHP BILLITON LIMITED ORD NPV | BHP | 4.4456 | Metal | Large-Cap | |
| SYNGENTA AG CHF0.10 | SYNN | 4.2399 | Agriculture | Large-Cap | |
| POTASH CORP OF SASKATCHEWAN INC COM NPV | POT | 4.1942 | Agriculture | Large-Cap | |
| RIO TINTO ORD GBP0.10 | RIO | 2.7395 | Metal | Large-Cap | |
| BP ORD USD0.25 | BP. | 2.6278 | Energy | Large-Cap | |
| ARCHER DANIELS MIDLAND CO COM STK NPV | ADM | 2.6213 | Agriculture | Large-Cap | |
| GLENCORE XSTRATA PLC | GLEN | 2.3913 | Metal | Large-Cap | |
| Ex-Date | Record Date | Payable Date | Income | Short-Term Capital Gains | Long-Term Capital Gains | Total Distribution |
|---|---|---|---|---|---|---|
| 12/27/2013 | 12/31/2013 | 01/03/2014 |
Carefully consider the FlexShares Funds’ investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the prospectus, which may be obtained by calling 1-855-353-9383 (1-855 FlexETF) or by downloading a Prospectus. Read the prospectus carefully before investing; investing involves risk, including possible loss of principal.
Investment Products and Services are:
An investment in FlexShares is subject to investment risk, including the possible loss of principal amount invested. Fund returns may not match the return of its respective index. The Funds may invest in emerging and foreign markets, derivatives and concentrated sectors. In addition, the Funds may be subject to asset class risk, small cap stock risk, value investing risk, non-diversification risk, fluctuation of yield, income risk, interest rate/maturity risk, currency risk, passive investment risk, inflation protected security risk, market risk and manager risk. For a complete description of risks associated with each Fund, please refer to the prospectus.
FlexShares Morningstar Global Upstream Natural Resources Index Fund is subject to the global natural resource industry. As the demand for or prices of natural resources increase, the Fund’s equity investment generally would be expected to also increase. Conversely, declines in demand for or prices of natural resources generally would be expected to cause declines in value of such equity securities. Such declines may occur quickly and without warning and may negatively impact your investment in the Fund.
Shares of FlexShares may be sold throughout the day on the exchange through any brokerage account. However, shares may only be redeemed directly from the Fund by Authorized Participants, in very large creation/redemption units. There can be no assurance that an active trading market for shares of an ETF will develop or be maintained.
All registered investment companies, including FlexShares, are obliged to distribute portfolio gains to shareholders at year-end regardless of performance. Trading FlexShares Funds will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer.
The FlexShares Funds, registered with the United States Securities and Exchange Commission under the Investment Company Act of 1940 (“Funds”) are distributed by Foreside Fund Services, LLC , not affiliated with Northern Trust.
© Northern Trust 2013