Northern Trust is adding three FlexShares funds to its quality dividend fund (QDF) suite.
The FlexShares International Quality Dividend Index Fund (IQDF); FlexShares International Quality Dividend Defensive Index Fund (IQDE); and the FlexShares International Quality Dividend Dynamic Index Fund (IQDY) will pursue income potential and long-term capital growth from a universe of international stocks.
Shundrawn Thomas, head of Northern Trust's Exchange Traded Funds Group, said: “Income remains a key consideration for individual and institutional investors alike, and geopolitical, regulatory and market structure changes are driving a clear evolution in this area. Now with the release of our international series of QDF funds, we believe FlexShares is positioned as a global leader in this category.”
