Flexshares issues two climate ETFs

Northern Trust Asset Management’s Flexshares has launched two climate focused ETFs.

The FlexShares Developed Markets Low Volatility Climate ESG UCITS ETF (QVFD) and the FlexShares Developed Market High Dividend Climate ESG UCITS ETF (QDFD) use NTAM’s proprietary Quality factor in an effort to identify companies that exhibit strength in profitability, management expertise and cash flow while maximizing the portfolio’s ESG exposure and reducing its carbon footprint.

• QVFD is a low volatility fund featuring stocks that exhibit lower overall absolute volatility cash flow, combined with quality and ESG to maximize quality, improve ESG ratings and create minimum variance. It tracks the iSTOXX® Northern Trust Developed Markets Low Volatility Climate ESG Index.
• QDFD is an income fund featuring stocks that exhibit a high potential to generate income, combined with quality and ESG to maximize quality, improve ESG ratings and enhance dividend yield. It tracks the iSTOXX® Northern Trust Developed Markets High Dividend Climate ESG Index.