Northern Trust Asset’s FlexShares launches four climate-focused ETFs

By Marisa Wong

Los Angeles, Sept. 21 – Northern Trust Asset Management’s FlexShares Exchange Traded Funds announced the launch of a new suite of core environmental, social and governance ETFs focused on climate.

The new ETFs include the following:

• FlexShares ESG & Climate US Large Cap Core Index Fund (NYSE: FEUS);

• FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSE: FEDM);

• FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (NYSE: FEIG); and

• FlexShares ESG & Climate High Yield Corporate Core Index Fund (NYSE: FEHY).

The four new climate ETFs add to FlexShares’ existing ESG ETF offerings, FlexShares STOXX US ESG Select Index Fund (ESG) and FlexShares STOXX Global ESG Select Index Fund (ESGG).

The new fund suite seeks to help investors improve their portfolio’s overall ESG score and reduce carbon risk, while maintaining core equity and fixed-income exposure, according to a press release.

The funds utilize the Northern Trust ESG Vector Score as well as a carbon risk rating in an effort to hedge ESG-related risks and capitalize on sustainable opportunities.

Northern Trust is a wealth management and asset management services company based in Chicago.

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