ravi

Fixed Income

Liquidity Management

FlexShares Ultra-Short Income Fund

Formerly the "FlexShares Ready Access Variable Income Fund."

For investors seeking current income combined with minimal NAV variability.

FlexShares Ultra Short Income Fund (RAVI) seeks maximum current income consistent with the preservation of capital and liquidity.

$74.71 (0.06%)

$74.73

0.25%

$74.94/$73.27

OBJECTIVE AND STRATEGY

1:31

Transcript
Visit the RAVI Management Strategy Page

MANAGEMENT STRATEGY

Managed by Northern Trust

Diagraming our management process

Visit the RAVI Fund Focus Page

FUND FOCUS

Balancing Returns and Principal Volatility

In depth discussion of the index and fund process

RESOURCES

RESOURCES

Fact Sheet Daily Holdings Monthly Holdings Summary Prospectus Prospectus SAI Semiannual Report Annual Report iXBRL Archive NAIC Designations Capital Gains ICI Primary Layout ICI Secondary Layout NRA Qualified Interest Income

Fact Sheet

pdf

Daily Holdings

csv

Monthly Holdings

csv

Summary Prospectus

Prospectus

SAI

Semiannual Report

Annual Report

iXBRL Archive

NAIC Designations

pdf

Capital Gains

pdf

ICI Primary Layout

xls

ICI Secondary Layout

xls

NRA

xlsx

Qualified Interest Income

pdf

 Tax & Legal Documents Archive

Before investing, carefully consider the FlexShares investment objectives, risks, charges and expenses. This and other information is in the prospectus and a summary prospectus, copies of which may be obtained on this website. Read the prospectus carefully before you invest. Foreside Fund Services, LLC, distributor.

An investment in FlexShares is subject to numerous risks, including possible loss of principal. Fund returns may not match the return of the respective indexes. The Funds are subject to the following principal risks: ESG Investing; corporate bond; concentration; Income; currency; derivatives; LIBOR; emerging markets; equity securities; fluctuation of yield; foreign securities; geographic; industry concentration; interest rate / maturity risk; issuer; large cap; management; market; market trading; new funds; non-diversification; passive investment; privatization; small cap stock; tracking error; turnover; Authorized Participant Concentration; liquidity; high yield and volatility risk. A full description of risks is in the prospectus.

Individual investors should contact their financial advisor or broker dealer representative for more information on FlexShares ETFs.

Investment Products and Services are:

Not FDIC INSURED May lose value No bank guarantee

All registered investment companies, including FlexShares, are obliged to distribute portfolio gains to shareholders at year-end regardless of performance. Trading FlexShares Funds will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer.

The FlexShares Funds, registered with the United States Securities and Exchange Commission under the Investment Company Act of 1940 ("Funds") are distributed by Foreside Fund Services, LLC, not affiliated with Northern Trust.

Foreside Fund Services, LLC
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FlexShares Ultra-Short Income Fund (RAVI) is actively managed and does not seek to replicate a specified index. Additionally, the Fund may invest without limitation in the fixed income and debt securities of foreign issuers in both developed and emerging markets. The Fund is at increased credit and default risk, where there is an inability or unwillingness by the issuer of a fixed income security to meet its financial obligations, debt extension risk, where an issuer may exercise its right to pay principal on an obligation later than expected, as well as interest rate/maturity risk, where the value of the Fund's fixed income assets will decline because of rising interest rates. The Fund may also be subject to increased concentration risk as it may invest more than 25% of its assets into the securities of a single developed market. Additionally, the Fund may invest without limitation in mortgage or asset-backed securities, which puts it at increased risk for interest rate/maturity risk, debt extension risk, and prepayment (or call) risk. Also, the Fund is "non-diversified" under the Investment Company Act of 1940, and may invest more of its assets in fewer issuers than diversified funds.

All data provided by: Northern Trust, J.P. Morgan, Refinitiv and Morningstar.