Before investing, visit flexshares.com/prospectus to obtain a prospectus that includes the investment objectives, risks, fees, expenses and other information you should read carefully and consider carefully. Foreside Fund Services, LLC, distributor.
An investment in FlexShares iBoxx 3-Year and 5-Year Target Duration TIPS Index Funds is subject to investment risk, including possible loss of principal amount invested. Funds’ returns may not match those of their respective indexes. The Funds may be subject to the following risks: asset class; derivatives; fluctuation of yield; income; inflation protected security; interest rate/maturity; management; market; non-diversification; passive investment; and tracking. For a complete description of risks associated with each Fund please refer to the prospectus. Duration is a measure of the sensitivity of the price (principal value) of a fixed income investment to a change in interest rates, expressed in number of years.
In addition, FlexShares iBoxx 3-Year and 5-Year Target Duration TIPS Index Funds may invest in derivative instruments. Changes in the value of the derivative may not correlate with the underlying asset, rate or index and the Funds could lose more than the principal amount invested. The Funds are non-diversified meaning their performance may depend on the performance of a small number of issuers because the Funds may invest a large percentage of assets in securities issued by or representing a small number of issuers. Modified adjusted duration is an estimate of the market duration of a specific Treasury Inflation Protected Security.