FlexShares Global Quality Real Estate Index FundFlexShares Global Quality Real Estate Index FundFlexShares Global Quality Real Estate Index Fund

FlexShares Global Quality Real Estate Index Fund

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Key stats


Assets under management (AUM)
‪393.18 M‬USD
Fund flows (1Y)
‪58.76 M‬USD
Dividend yield (indicated)
2.33%
Discount/Premium to NAV
−0.3%

About FlexShares Global Quality Real Estate Index Fund


Issuer
Northern Trust Corp.
Brand
FlexShares
Expense ratio
0.45%
Inception date
Nov 5, 2013
Index tracked
Northern Trust Global Quality Real Estate (NR)
Management style
Passive
GQRE provides exposure to global real estate companies that have been screened for quality, momentum, and value. The fund holds both non-mortgage REITs and real estate operating companies (REOCs - which avoid the reinvestment restrictions of REITs, but must pay corporate taxes). The fund excludes companies engaged in investment and ownership of property mortgages, and other real estate services. The index constituents are weighted by a mix of value, momentum and quality scores. Quality metrics consist of management expertise (e.g. corporate finance activities), profitability, and cash flow. Additionally, GQRE applies sector, style and security level constraints in order to manage its risk profile. The Index is reconstituted quarterly starting February.

Classification


Asset Class
Equity
Category
Sector
Focus
Real estate
Niche
Broad-based
Strategy
Multi-factor
Weighting scheme
Multi-factor
Selection criteria
Multi-factor

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 20, 2024
Exposure type
StocksBonds, Cash & Other
Finance
Stocks98.72%
Finance97.43%
Miscellaneous0.52%
Industrial Services0.32%
Retail Trade0.23%
Commercial Services0.22%
Bonds, Cash & Other1.28%
UNIT1.28%
Stock breakdown by region
3%70%10%1%13%
North America70.88%
Asia13.18%
Europe10.36%
Oceania3.92%
Middle East1.66%
Latin America0.00%
Africa0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows