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FlexShares Global Quality Real Estate Index Fund

FlexShares Global Quality Real Estate Index Fund attempts to provide investors with a quality equity portfolio that provides exposure to the inflation-hedging qualities and long-term capital growth potential of global real estate. Many real estate equity strategies have a focus on value, but may omit an evaluation of a holding's financial strength. In addition, some approaches may disregard the direction and size of price movement trends, which can lead to value traps.* The Fund's strategy is designed to try to counter these challenges by maximizing exposure to quality, value and momentum factors. The Fund's Underlying Index attempts to provide global exposure to real estate equities through a portfolio of listed, non-mortgage REITs and operating companies. If occurring, dividends from net investment income, including any net foreign currency gains, are generally declared and paid quarterly. Distributions of net realized securities gains, if any, are generally declared and paid once a year, but the Fund may make such distributions on a more frequent basis.

Fund Facts

as of 04/29/2016
Inception11/05/2013
CUSIP33939L787
Total Net Assets$ 193,019,758.66
Shares Outstanding3,300,001
# of Holdings*149
Gross Expense Ratio.46%
Net Expense Ratio**.45%
Index ProviderNORTHERN TRUST
Primary ExchangeNYSE Arca
Options AvailableN
MarginableY
Derivative UseY
*Cash positions and derivatives such as futures and currency forwards are not included in the number of holdings.

**NTI has contractually agreed to reimburse the fees and expenses of the Fund’s independent trustees and independent legal counsel until March 1, 2017.

Tickers

ETF TickerGQRE
Related IndexNTGQRE
NAVGQRE.NV
IOPVGQRE.IV
Shares OutstandingGQRE.SO
Estimated CashGQRE.EU
Total CashGQRE.TC

Fund Characteristics1

as of 04/29/2016
SEC Subsidized Yield2 (as of 03/31/2016)3.37%
SEC Unsubsidized Yield3
 (as of 03/31/2016)
3.37%
Distribution Yield42.65%
12-Month Dividend Yield52.55%
Weighted Average Market Cap13,970,907,556.65
Price to Earnings (as of 03/31/2016)25.13
Price to Book  (as of 03/31/2016)2.96
Price to Cash Flow  (as of 03/31/2016)16.17
Price to Sales  (as of 03/31/2016)9.66
View Standardized Performance

Market Cap (%)

as of 04/29/2016
Large-Cap46.63
Mid-Cap25.96
Small-Cap26.78
Micro-Cap.63
Total100.00

Style (%)

as of 04/29/2016
Value21.05
Core36.33
Growth42.62
Total100.00

SECTOR ALLOCATIONS

GQRE sector allocations

COUNTRY ALLOCATIONS

GQRE country allocations

Performance information presented on this website is historical, and is not indicative of future results. Investment returns and principal may vary, and at the time of sale an investment may be worth more or worth less than its original value. For most recent month end performance please call 1-855-353-9383 (1-855-FlexETF). All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. The fund inception date is generally several days prior to when the fund begins trading. NAV prices are used to calculate market price performance prior to 11/6/2013, when the fund first traded on the New York Stock Exchange. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. They do not represent the returns you would receive if you traded shares at other times. Index performance does not represent FlexShares fund performance. It is not possible to invest directly in an index.

Definitions

1All Fund Characteristics terms are defined in the glossary.
2SEC Subsidized Yield
The 30-Day SEC Subsidized Yield is computed under an SEC standardized formula based on net income earned over the past 30 days. It is a "subsidized" yield, which means it includes contractual expense reimbursements and it would be lower without those reimbursements. It may also include an inflation adjustment that can cause the yield to vary substantially from one month to the next.
3SEC Unsubsidized Yield
The 30-Day SEC Unsubsidized Yield calculation is also computed under the same SEC standardized formula based on net income earned over the past 30 days, but excludes contractual expense reimbursements, resulting in a lower yield. It may also include an inflation adjustment that can cause the yield to vary substantially from one month to the next.
4Distribution Yield
This yield is calculated by taking the most recent distribution annualized and dividing by the fund NAV from the as of date. For Funds that distribute monthly, an NA will be displayed if the fund has not distributed within the last 35 days.
512-Month Dividend Yield
This yield is calculated by assuming any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past twelve months.

Month End Performance (%)

as of 03/31/2016
 1 MonthQTDYTD1 YearSince Inception
11/5/2013
Market Price9.444.814.814.179.88
NAV9.654.994.994.309.86
Northern Trust Global Quality Real Estate Index (NTGQRENTR)9.585.065.064.009.75
Dow Jones Global Select Real Estate Securities Index (DWGRSN)9.555.255.251.668.52

Quarter End Performance (%)

as of 03/31/2016
 1 MonthQTDYTD1 YearSince Inception
11/5/2013
Market Price9.444.814.814.179.88
NAV9.654.994.994.309.86
Northern Trust Global Quality Real Estate Index (NTGQRENTR)9.585.065.064.009.75
Dow Jones Global Select Real Estate Securities Index (DWGRSN)9.555.255.251.668.52
Performance information presented on this website is historical, and is not indicative of future results. Investment returns and principal may vary, and at the time of sale an investment may be worth more or worth less than its original value. For most recent month end performance please call 1-855-353-9383 (1-855-FlexETF). All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. The fund inception date is generally several days prior to when the fund begins trading. NAV prices are used to calculate market price performance prior to 11/6/2013, when the fund first traded on the New York Stock Exchange. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. They do not represent the returns you would receive if you traded shares at other times. Index performance does not represent FlexShares fund performance. It is not possible to invest directly in an index.

Expense Ratios

as of 04/29/2016
Gross Expense Ratio.46%
Net Expense Ratio*.45%
*NTI has contractually agreed to reimburse the fees and expenses of the Fund’s independent trustees and independent legal counsel until March 1, 2017.


Definitions

  • Net Asset Value (NAV)
    NAV is a fund’s price per share, which is calculated by dividing the total value of all the securities in the fund’s portfolio plus cash, interest and receivables less any liabilities by the number of fund shares outstanding.
  • Market Price
    Because ETFs trade like stocks, ETF shares trade at market value on the secondary market, which can be a dollar value above (trading at a premium) or below (trading at a discount) the fund’s NAV.

Market Price

as of 04/29/2016
Price$58.22
Price $ Change$-.54
Price % Change-.93%
Avg Bid/Ask Spread$.05
Bid/Ask Midpoint$58.32
Closing Bid Price$58.29
Closing Ask Price$58.35

NAV Price

as of 04/29/2016
Price$58.49
Price $ Change$-.34
Price % Change-.58%

Trading

as of 04/29/2016
52-Week High$59.68
52-Week Low$44.18
Premium/Discount$-.17
Daily Trading Volume (Shares)12,526
Average Trading Volume (Shares)10,433
Shares Outstanding3,300,001

TOP TEN HOLDINGS

as of 04/28/2016
NameTickerFund
Weight %
SectorMarket CapCountry
PUBLIC STORAGE PSAPSA5.2430Specialized REITsLarge-CapUnited States
PROLOGIS INC PLDPLD4.7917Commercial REITsLarge-CapUnited States
AVALONBAY COMMUNITIES INC AVBAVB4.5727Residential REITsLarge-CapUnited States
EQUITY RESIDENTIAL EQREQR4.2382Residential REITsLarge-CapUnited States
SCENTRE GROUP SCGSCG AU3.8368Commercial REITsLarge-CapAustralia
GENERAL GROWTH PROPERTIES GGPGGP3.3140Commercial REITsLarge-CapUnited States
LINK REIT 823823 HK2.7777Commercial REITsLarge-CapHong Kong
LAND SECURITIES GROUP PLC LANDLAND LN2.6390Commercial REITsLarge-CapUnited Kingdom
DIGITAL REALTY TRUST INC DLRDLR2.5997Commercial REITsLarge-CapUnited States
SIMON PROPERTY GROUP INC SPGSPG2.5406Commercial REITsLarge-CapUnited States
KIMCO REALTY CORP KIMKIM2.3661Commercial REITsLarge-CapUnited States
DAITO TRUST CONSTRUCT CO LTD 18781878 JP2.0569Real Estate Development & OperationsMid-CapJapan
EXTRA SPACE STORAGE INC EXREXR1.9027Specialized REITsMid-CapUnited States
HOST HOTELS & RESORTS INC HSTHST1.7418Specialized REITsLarge-CapUnited States
HENDERSON LAND DEVELOPMENT 1212 HK1.5547Real Estate Development & OperationsLarge-CapHong Kong
DUKE REALTY CORP DREDRE1.5437Commercial REITsMid-CapUnited States
HONGKONG LAND HOLDINGS LTD HKLHKL SP1.5021Real Estate Development & OperationsLarge-CapHong Kong
MID-AMERICA APARTMENT COMM MAAMAA1.4541Residential REITsMid-CapUnited States
REGENCY CENTERS CORP REGREG1.3958Commercial REITsMid-CapUnited States
GPT GROUP GPTGPT AU1.3701Diversified REITsMid-CapAustralia
NATIONAL RETAIL PROPERTIES NNNNNN1.1763Commercial REITsMid-CapUnited States
SWIRE PACIFIC LTD - CL A 1919 HK1.1381Real Estate Development & OperationsMid-CapHong Kong
NOMURA REAL ESTATE MASTER FU 34623462 JP1.1326Commercial REITsMid-CapJapan
EQUITY LIFESTYLE PROPERTIES ELSELS1.1169Residential REITsMid-CapUnited States
UNIBAIL-RODAMCO SE ULUL NA1.0590Real Estate Development & OperationsLarge-CapFrance
DERWENT LONDON PLC DLNDLN LN1.0170Commercial REITsMid-CapUnited Kingdom
SEGRO PLC SGROSGRO LN0.9533Commercial REITsMid-CapUnited Kingdom
WEINGARTEN REALTY INVESTORS WRIWRI0.8866Commercial REITsMid-CapUnited States
WHEELOCK & CO LTD 2020 HK0.8185Real Estate Development & OperationsMid-CapHong Kong
PSP SWISS PROPERTY AG-REG PSPNPSPN SW0.7837Real Estate Development & OperationsMid-CapSwitzerland
RETAIL PROPERTIES OF AME - A RPAIRPAI0.7792Commercial REITsMid-CapUnited States
GREAT PORTLAND ESTATES PLC GPORGPOR LN0.7645Commercial REITsMid-CapUnited Kingdom
EPR PROPERTIES EPREPR0.7579Commercial REITsMid-CapUnited States
MITSUBISHI ESTATE CO LTD 88028802 JP0.7549Real Estate Development & OperationsLarge-CapJapan
SOVRAN SELF STORAGE INC SSSSSS0.7429Specialized REITsMid-CapUnited States
TOKYU FUDOSAN HOLDINGS CORP 32893289 JP0.7218Real Estate Development & OperationsMid-CapJapan
SHAFTESBURY PLC SHBSHB LN0.7050Commercial REITsSmall-CapUnited Kingdom
RIOCAN REAL ESTATE INVST TR REI-UREI-U CN0.6859Commercial REITsMid-CapCanada
POST PROPERTIES INC PPSPPS0.6305Residential REITsSmall-CapUnited States
APPLE HOSPITALITY REIT INC APLEAPLE0.6292Specialized REITsSmall-CapUnited States
HYSAN DEVELOPMENT CO 1414 HK0.6166Real Estate Development & OperationsMid-CapHong Kong
PIEDMONT OFFICE REALTY TRU-A PDMPDM0.5801Commercial REITsSmall-CapUnited States
COLUMBIA PROPERTY TRUST INC CXPCXP0.5327Commercial REITsSmall-CapUnited States
IIDA GROUP HOLDINGS CO LTD 32913291 JP0.5310Real Estate Development & OperationsMid-CapJapan
DUPONT FABROS TECHNOLOGY DFTDFT0.5302Commercial REITsSmall-CapUnited States
SOTETSU HOLDINGS INC 90039003 JP0.5139Real Estate Development & OperationsSmall-CapJapan
CASTELLUM AB CASTCAST SS0.5098Real Estate Development & OperationsSmall-CapSweden
H&R REAL ESTATE INV-REIT UTS HR-UHR-U CN0.4900Commercial REITsMid-CapCanada
DEUTSCHE WOHNEN AG-BR DWNIDWNI GR0.4538Real Estate Development & OperationsMid-CapGermany
VORNADO REALTY TRUST VNOVNO0.4524Commercial REITsLarge-CapUnited States
NOMURA REAL ESTATE HOLDINGS 32313231 JP0.4497Real Estate Development & OperationsSmall-CapJapan
FRONTIER REAL ESTATE INVEST 89648964 JP0.4422Commercial REITsSmall-CapJapan
UOL GROUP LTD UOLUOL SP0.4388Real Estate Development & OperationsSmall-CapSingapore
COUSINS PROPERTIES INC CUZCUZ0.4333Commercial REITsSmall-CapUnited States
FABEGE AB FABGFABG SS0.4298Real Estate Development & OperationsSmall-CapSweden
CK HUTCHISON HOLDINGS LTD 11 HK0.4184OtherLarge-CapHong Kong
CORESITE REALTY CORP CORCOR0.4153Commercial REITsSmall-CapUnited States
HOPEWELL HOLDINGS LTD 5454 HK0.4151Real Estate Development & OperationsSmall-CapHong Kong
PS BUSINESS PARKS INC/CA PSBPSB0.4072Commercial REITsSmall-CapUnited States
MORI TRUST SOGO REIT INC 89618961 JP0.4026Diversified REITsSmall-CapJapan
JAPAN LOGISTICS FUND INC 89678967 JP0.3795Commercial REITsSmall-CapJapan
EUROCOMMERCIAL PROPERTIE-CV ECMPAECMPA NA0.3712Real Estate Development & OperationsSmall-CapNetherlands
ALLREAL HOLDING AG-REG ALLNALLN SW0.3667Real Estate Development & OperationsSmall-CapSwitzerland
INVESTA OFFICE FUND IOFIOF AU0.3649Commercial REITsSmall-CapAustralia
HUFVUDSTADEN AB-A SHS HUFVAHUFVA SS0.3580Real Estate Development & OperationsSmall-CapSweden
FIRST CAPITAL REALTY INC FCRFCR CN0.3568Real Estate Development & OperationsSmall-CapCanada
SMART REAL ESTATE INVESTMENT SRU-USRU-U CN0.3465Commercial REITsSmall-CapCanada
SWIRE PACIFIC LTD-CL B 8787 HK0.3389Real Estate Development & OperationsMid-CapHong Kong
MONOGRAM RESIDENTIAL TRUST I MOREMORE0.3291Residential REITsSmall-CapUnited States
GOODMAN GROUP GMGGMG AU0.3287Commercial REITsMid-CapAustralia
LTC PROPERTIES INC LTCLTC0.3250Specialized REITsSmall-CapUnited States
BWP TRUST BWPBWP AU0.3192Commercial REITsSmall-CapAustralia
CAN APARTMENT PROP REAL ESTA CAR-UCAR-U CN0.3170Residential REITsSmall-CapCanada
MAPLETREE GREATER CHINA COMM MAGICMAGIC SP0.3103Diversified REITsSmall-CapSingapore
CHARTER HALL RETAIL REIT CQRCQR AU0.3058Commercial REITsSmall-CapAustralia
OPEN HOUSE CO LTD 32883288 JP0.3047Real Estate ServicesSmall-CapJapan
FORTUNE REIT FRTFRT SP0.3038Diversified REITsSmall-CapSingapore
RELO HOLDINGS INC 88768876 JP0.3016Real Estate ServicesSmall-CapJapan
MAPLETREE COMMERCIAL TRUST MCTMCT SP0.2991Commercial REITsSmall-CapSingapore
LEOPALACE21 CORP 88488848 JP0.2964Real Estate Development & OperationsSmall-CapJapan
SHOPPING CENTRES AUSTRALASIA SCPSCP AU0.2962Commercial REITsSmall-CapAustralia
CONWERT IMMOBILIEN INVEST SE CWICWI AV0.2960Real Estate Development & OperationsSmall-CapAustria
MAPLETREE INDUSTRIAL TRUST MINTMINT SP0.2960Commercial REITsSmall-CapSingapore
BIG YELLOW GROUP PLC BYGBYG LN0.2949Specialized REITsSmall-CapUnited Kingdom
WORKSPACE GROUP PLC WKPWKP LN0.2927Commercial REITsSmall-CapUnited Kingdom
RAMCO-GERSHENSON PROPERTIES RPTRPT0.2890Commercial REITsSmall-CapUnited States
GLOBAL ONE REIT 89588958 JP0.2851Commercial REITsSmall-CapJapan
CA IMMOBILIEN ANLAGEN AG CAICAI AV0.2838Real Estate Development & OperationsSmall-CapAustria
ALLIED PROPERTIES REAL ESTAT AP-UAP-U CN0.2838Commercial REITsSmall-CapCanada
MOBIMO HOLDING AG-REG MOBNMOBN SW0.2812Real Estate Development & OperationsSmall-CapSwitzerland
ST JOE CO/THE JOEJOE0.2793Real Estate Development & OperationsSmall-CapUnited States
TAKARA LEBEN CO LTD 88978897 JP0.2712Real Estate Development & OperationsSmall-CapJapan
WING TAI HOLDINGS LTD WINGTWINGT SP0.2706Real Estate Development & OperationsSmall-CapSingapore
KYORITSU MAINTENANCE CO LTD 96169616 JP0.2685Real Estate ServicesSmall-CapJapan
FONCIERE DES MURS FMUFMU FP0.2662Specialized REITsSmall-CapFrance
FRASERS CENTREPOINT TRUST FCTFCT SP0.2652Commercial REITsSmall-CapSingapore
NTT URBAN DEVELOPMENT CORP 89338933 JP0.2651Real Estate Development & OperationsSmall-CapJapan
PURE INDUSTRIAL REAL ESTATE AAR-UAAR-U CN0.2649Commercial REITsSmall-CapCanada
PRECINCT PROPERTIES NEW ZEAL PCTPCT NZ0.2626Real Estate Development & OperationsSmall-CapNew Zealand
HEIWA REAL ESTATE CO LTD 88038803 JP0.2623Real Estate Development & OperationsSmall-CapJapan
YANLORD LAND GROUP LTD YLLGYLLG SP0.2536Real Estate Development & OperationsSmall-CapSingapore
GETTY REALTY CORP GTYGTY0.2483Commercial REITsSmall-CapUnited States
PARKWAYLIFE REAL ESTATE PREITPREIT SP0.2483Specialized REITsSmall-CapSingapore
DAIBIRU CORP 88068806 JP0.2458Real Estate Development & OperationsSmall-CapJapan
UNIVERSAL HEALTH RLTY INCOME UHTUHT0.2456Specialized REITsSmall-CapUnited States
GRANITE REAL ESTATE INVESTME GRT-UGRT-U CN0.2446Commercial REITsSmall-CapCanada
LIU CHONG HING INVESTMENT 194194 HK0.2420Real Estate Development & OperationsMicro-CapHong Kong
URSTADT BIDDLE - CLASS A UBAUBA0.2405Commercial REITsSmall-CapUnited States
PATRIZIA IMMOBILIEN AG P1ZP1Z GR0.2284Real Estate Development & OperationsSmall-CapGermany
TRICON CAPITAL GROUP INC TCNTCN CN0.2250Real Estate ServicesSmall-CapCanada
DAIKYO INC 88408840 JP0.2235Real Estate Development & OperationsSmall-CapJapan
SWIRE PROPERTIES LTD 19721972 HK0.2234Real Estate Development & OperationsLarge-CapHong Kong
MCGRATH RENTCORP MGRCMGRC0.2155Real Estate Development & OperationsSmall-CapUnited States
GOODMAN PROPERTY TRUST GMTGMT NZ0.2076Commercial REITsSmall-CapNew Zealand
GOLDCREST CO LTD 88718871 JP0.2011Real Estate Development & OperationsSmall-CapJapan
SPONDA OYJ SDA1VSDA1V FH0.1899Real Estate Development & OperationsSmall-CapFinland
JAPAN RENTAL HOUSING INVESTM 89868986 JP0.1882Residential REITsSmall-CapJapan
MORGUARD CORP MRCMRC CN0.1754Real Estate Development & OperationsSmall-CapCanada
SHUN TAK HOLDINGS LTD 242242 HK0.1629Real Estate Development & OperationsSmall-CapHong Kong
UNITE GROUP PLC UTGUTG LN0.1628Real Estate Development & OperationsSmall-CapUnited Kingdom
CAPITALAND RETAIL CHINA TRUS CRCTCRCT SP0.1578Commercial REITsSmall-CapSingapore
CORPORACION FINANCIERA ALBA ALBALB SM0.1519Real Estate Development & OperationsSmall-CapSpain
GROWTHPOINT PROPERTIES AUSTR GOZGOZ AU0.1322Commercial REITsSmall-CapAustralia
FAR EAST ORCHARD LTD FEORFEOR SP0.1319Real Estate Development & OperationsSmall-CapSingapore
FIRST REAL ESTATE INVT TRUST FIRTFIRT SP0.1299Specialized REITsSmall-CapSingapore
SUNLIGHT REAL ESTATE INVEST 435435 HK0.1281Commercial REITsSmall-CapHong Kong
FONCIERE LYONNAISE FLYFLY FP0.1280Commercial REITsSmall-CapFrance
INTERSHOP HOLDING AG ISNISN SW0.1268Real Estate Development & OperationsSmall-CapSwitzerland
GRIVALIA PROPERTIES REIC GRIVGRIV GA0.1252Commercial REITsSmall-CapGreece
UNITED INDUSTRIAL CORP LTD UICUIC SP0.1243Real Estate Development & OperationsSmall-CapSingapore
SAGAX AB-B SAGABSAGAB SS0.1238Real Estate Development & OperationsSmall-CapSweden
DAEJAN HOLDINGS PLC DJANDJAN LN0.1201Real Estate Development & OperationsSmall-CapUnited Kingdom
KABUKI-ZA CO LTD 96619661 JP0.1200Real Estate Development & OperationsSmall-CapJapan
MELCOR DEVELOPMENTS LTD MRDMRD CN0.1192Real Estate Development & OperationsMicro-CapCanada
HO BEE LAND LTD HOBEEHOBEE SP0.1165Real Estate Development & OperationsSmall-CapSingapore
SOUNDWILL HOLDINGS LTD 878878 HK0.1133Real Estate Development & OperationsMicro-CapHong Kong
TOC CO LTD 88418841 JP0.1128Real Estate Development & OperationsSmall-CapJapan
BROOKFIELD CANADA OFFICE PRO BOX-UBOX-U CN0.1110Commercial REITsSmall-CapCanada
FRASERS CENTREPOINT LTD FCLFCL SP0.1097Real Estate Development & OperationsSmall-CapSingapore
GUOCOLAND LTD GUOLGUOL SP0.1088Real Estate Development & OperationsSmall-CapSingapore
OLAV THON EIENDOMSSELSKAP AS OLTOLT NO0.1082Real Estate Development & OperationsSmall-CapNorway
WIHLBORGS FASTIGHETER AB WIHLWIHL SS0.1049Real Estate Development & OperationsSmall-CapSweden
TAI CHEUNG HOLDINGS 8888 HK0.1048Real Estate Development & OperationsMicro-CapHong Kong
SIM LIAN GROUP LTD SLGSLG SP0.1010Real Estate Development & OperationsSmall-CapSingapore
ALROV PROPERTIES AND LODGING ALRPRALRPR IT0.0999Real Estate Development & OperationsSmall-CapIsrael
HKR INTERNATIONAL LTD 480480 HK0.0901Real Estate Development & OperationsSmall-CapHong Kong
TERREIS TERTER FP0.0827Real Estate Development & OperationsSmall-CapFrance
RAYSUM CO LTD 88908890 JP0.0532Real Estate Development & OperationsMicro-CapJapan
TRITAX BIG BOX REIT PLC BBOXBBOX LN0.0357Specialized REITsSmall-CapUnited Kingdom

DISTRIBUTION SCHEDULE

View by year:
Ex-DateRecord DatePayable DateIncomeShort-Term
Capital Gains
Long-Term
Capital Gains
Return of CapitalTotal Distribution
12/22/201612/27/201612/29/2016
09/19/201609/21/201609/23/2016
06/20/201606/22/201606/24/2016
03/21/201603/23/201603/28/20160.3858230000.385823
12/23/201512/28/201512/30/20150.4999350000.499935
09/18/201509/22/201509/24/20150.2958790000.295879
06/19/201506/23/201506/25/20150.3108370000.310837
03/20/201503/24/201503/26/20150.2102300000.210230
12/29/201412/31/201401/05/20150.5605270000.560527
09/19/201409/23/201409/25/20140.1995140000.199514
06/20/201406/24/201406/26/20140.5444230000.544423
03/21/201403/25/201403/27/20140.1452910000.145291
12/27/201312/31/201301/03/20140.1926930000.192693

The Northern Trust Global Quality Real Estate Index is designed to maximize exposure to quality, value and momentum factors, within a universe of companies operating in the real estate sector. The proprietary Northern Trust quality factor (henceforth referenced as the Northern Trust Quality Score or NTQS) is used to identify companies that exhibit strength in profitability, management expertise and cash flow, while value and momentum factors are included to help provide long term capital appreciation and also mitigate risk.