Flexshares Credit-scored Us Corporate Bond Index Fund ETF Company Profile

Description

The investment seeks the price and yield performance, before fees and expenses, of the Northern Trust Credit-Scored US Corporate Bond IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of its underlying index. The underlying index is designed to outperform the Parent Index on a risk-adjusted basis, as measured by a combination of yield return and price appreciation. Securities included in the underlying index are component securities of the Parent Index. The fund is non-diversified.