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Flexshares International Qual Div Dfnsv
I am glad to provide general information about the publicly traded company, FlexShares International Quality Dividend Defensive Index Fund (Ticker: IQDF). However, I want to clarify that while I can provide information based on available data, I am an AI and do not have personal experience or expertise in stock trading or Wall Street.
FlexShares International Quality Dividend Defensive Index Fund is an exchange-traded fund (ETF) managed by Northern Trust Investments, Inc., a subsidiary of Northern Trust Corporation. The fund aims to provide exposure to a global universe of high-quality, dividend-paying companies, while at the same time, seeking to provide a level of defense against market volatility.
IQDF tracks the Northern Trust International Quality Dividend Defensive Index and seeks to invest at least 80% of its total assets in securities that make up the index. The index consists of foreign companies listed on developed market exchanges with primary listings in developed markets outside the United States.
The ETF uses a rules-based methodology to select and weight its holdings. Companies are ranked based on their quality score, dividend yield, and defensive characteristics. Factors considered in the quality score include return on equity, cash flow, and earnings stability. Defensive characteristics include low debt-to-equity ratios, high-interest coverage ratios, and low earnings variability.
IQDF has an expense ratio of 0.46%, as of the most recent data. This means that for every $10,000 invested, the fund charges an annual fee of $46.
It is important to note that investing in stocks and ETFs carries risks, and past performance is not indicative of future results. It is always recommended to consult with a financial advisor or investment professional before making any investment decisions.