Symbols

GUNR

FlexShares Morningstar Global Upstream Natural Resources Index Fund·ARCA

--(--)

Key Stats

Assets Under Management

7.63BUSD

Fund Flow (1Y)

660.55MUSD

Dividend Yield

2.19%

Discount / Premium to NAV

0.34%

Shares Outstanding

137.50M

Expense Ratio

0.46%

About FlexShares Morningstar Global Upstream Natural Resources Index Fund

Issuer

Northern Trust Investments, Inc.

Brand

FlexShares

Home Page

https://www.flexshares.com/us/en/individual/funds/gunr

Inception Date

Sep 16, 2011

Structure

Open-Ended Fund

Index Tracked

Morningstar Global Upstream Natural Resources Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Northern Trust Investments, Inc.(Investment Management)

Distributor

Foreside Fund Services LLC

GUNR approaches the global natural resources industry with a few twists. The fund provides exposure in traditional natural resources industries, particularly in energy, agriculture, precious or industrial metals, timber and water. Notably, GUNR extends its coverage to include 'upstream' businesses like containers and packaging, commercial services, and paper and forest products. To curate the portfolio, the fund's underlying index selects 120 stocks using a proprietary methodology. It then caps weightings at the regional and sector level, minimizing the impact of firms of more popular names in the portfolio. Overall, GUNR has a broad and diverse take on a market that lends itself to concentration. The index is reconstituted semi-annually and rebalanced quarterly.