Source: Northern Trust. Energy weighting as of 1/17/2023.
FlexShares Global Upstream Natural Resources Index (GUNR) provides access to natural resources upstream in the production process, which may allow for a greater hedge against inflation in the space. The strategy also includes allocations to water and timber assets, which are often overlooked by competitors. FlexShares Global Broad Infrastructure Index (NFRA) provides exposure to the supply chain itself, as well as the broader logistics of movement of goods. FlexShares Real Assets Allocation Index (ASET) provides one-stop shopping for allocations to Natural Resources, Global Listed Infrastructure, and Global Real Estate. FlexShares High Yield Value-Scored Bond Index Fund (HYGV) seeks to provide investors the potential benefits of income diversification while focusing on value and quality issuers by tracking the Northern Trust High Yield Value-Scored US Corporate Bond Index (the Underlying Index), a custom index with what we believe is a unique multi-factor methodology.
DEFINITIONS
Northern Trust High Yield Value-Scored US Corporate Bond Index is designed to measure the performance of a diversified universe of high yield, US-dollar denominated bonds of companies exhibiting favorable fundamental qualities, market valuations and liquidity, as defined by Northern Trust Investments, Inc.’s proprietary scoring models.
Russell 1000® Growth Index measures the performance of the largecap growth segment of the US equity universe. The Russell 1000® Growth Index is constructed to provide a comprehensive and unbiased barometer for the large-cap growth segment.
Russell 1000® Value Index is an unmanaged index measuring the performance of those companies included in the Russell 1000 Index having lower price-to-book ratios and forecasted growth values.
S&P 500® Index is an unmanaged index consisting of 500 stocks and is a widely recognized common measure of the performance of the overall U.S. stock market.
S&P 500® Growth Index measures growth stocks using three factors: sales growth, the ratio of earnings change to price, and momentum. S&P Style Indices divide the complete market capitalization of each parent index into growth and value segments. Constituents are drawn from the S&P 500®.
S&P 500® Value Index measures value stocks using three factors: the ratios of book value, earnings, and sales to price. S&P Style Indices divide the complete market capitalization of each parent index into growth and value segments. Constituents are drawn from the S&P 500®.
FOOTNOTES
1 Source : S&P, https://www.spglobal.com/spdji/en/indices/equity
2 Source: Russell, https://www.ftserussell.com/products/indices/russell-us-style