Family: | Flexshares (Northern Trust) |
Name: | FlexShares iBoxx 5 Year Target Duration TIPS Index Fund |
Inception Date: | 19-Sep-2011 |
Termination Date: | |
Investment Objective: | lexShares iBoxx 5-Year Target Duration TIPS Index Fund gives investors access to the inflation-hedging qualities of TIPS and seeks to provide targeted duration exposure through changing interest rate and economic cycles. The Fund reflects the performance of a selection of inflation-protected public obligations of the U.S. Treasury, commonly known as TIPS, with a target average duration of approximately five years and specific maturity dates of at least three years but not more than 20 years. |
Prospectus | |
Top 10 Holdings | ||
Top 10 Holdings Weight: |
Number of Holdings: | |
Shares Outstanding: | 30,900,001 |
Total Net Assets: | 728,313,000 |
NAV: | 23.55 |
Net Expense Ratio: | 0.18% |
Asset Class: | Bonds |
Developed or Emerging: | Developed Market Funds |
Country: | US |
Region: | |
Strategy: | |
Currency: | |
Commodity: | |
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Dividend Type: | |
Tax Exempt State: | |
Maturity Duration: | Intermediate (3-10) years |
Market Cap: | |
Credit Quality: | Investment Grade Only |
Mortgage Bond Types: | |
Bond Type: | Inflation protected |
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Leverage Direction/Factor: | |
Is Currency Hedged: | No |
US or Ex-US: | Domestic |