LKOR

FlexShares Credit-Scored US Long Corporate Bond Index Fund
C

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*Unless otherwise stated, data provided by FactSet.

LKOR Fund Description

LKOR tracks an index composed of U.S. corporate bonds with investment-grade ratings and a maturity of 10 or more years, optimized for fundamental factors and liquidity.

LKOR Factset Analytics Insight

LKOR tracks an index composed of U.S. long-term, investment-grade bonds, optimized for credit score, option- adjusted spread, and effective duration. Credit score is determined by Northern Trust’s propriety scoring model, and may appeal to those who distrust the existing credit rating systems. The underlying index also imposes a number of constraints to manage liquidity and systematic risk, such as requiring the bond issuer to be publicly traded, and limiting each issuer’s absolute weight to a maximum of 5% or less. The optimization and constraints are designed to ensure the fund doesn’t stray too far from the risk/return of a vanilla basket of similar bonds while capturing any benefit of its proprietary credit scoring approach. This fund appeals to investors who want a “smart -beta”- style exposure to long-term, investment-grade U.S. corporate bonds. For this type of exposure, the fund charges a reasonable fee considering the optimization features. We will have full scoring in March 2016.

LKOR MSCI ESG Analytics Insight

FlexShares Credit-Scored US Long Corporate Bond Index Fund has an MSCI ESG Fund Rating of BBB based on a score of 5.15 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FlexShares Credit-Scored US Long Corporate Bond Index Fund ranks in the 44th percentile within its peer group and in the 75th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

LKOR Charts And Performance

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PERFORMANCE [as of 10/14/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
LKOR 0.51% 4.89% 20.91% 21.96% 5.71% -- --
LKOR (NAV) 2.74% 5.58% 21.65% 21.45% 6.44% -- --
Bloomberg Barclays U.S. 10+ Year Corporate Bond Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

LKOR Summary Data

FlexShares
09/24/15
Open-Ended Fund
0.22%
$17.05M
$320.38K
0.19%

LKOR Portfolio Data

13.99
--
3.84%
10/01/19
185

LKOR Index Data

Multi-Factor
Fundamental
Bloomberg Barclays U.S. 10+ Year Corporate Bond Index

LKOR Portfolio Management

0.22%
-0.56%
-0.41%
-0.81%

LKOR Tax Exposures

20.00% / 39.60%
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Ordinary income
No

LKOR Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

LKOR Factset Analytics Block Liquidity

As of 10/15/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of LKOR. LKOR is rated a N/A out of 5.

LKOR Tradability

5,070
$320.38K
977
$66.94K
0.19%
$0.11
-0.18%
0.70% / -3.00%
None
100.00%
50,000
0.02
0.02%
--
0
$57.07
N/A

LKOR Sector/Industry Breakdown


LKOR
Segment Benchmark
74.27%
--
19.61%
--
6.13%
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LKOR Top 10 Holdings[View All]

1.48%
1.47%
1.47%
1.42%
1.37%
1.36%
1.33%
1.32%
1.30%
1.25%
13.77%

LKOR Top 5 Countries


LKOR
Segment Benchmark
87.78%
--
3.38%
--
3.21%
--
2.32%
--
1.08%
--

LKOR Top 5 Currencies


LKOR
Segment Benchmark
100.00%
--

LKOR Performance Statistics

0.97
1.03
--
--
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LKOR MSCI ESG Ratings

BBB
5.15 / 10
75.24
44.08
11.55%
6.57%
290.66

LKOR Holdings Statistics

23.23 years
13.99
3.84%
13.95
Low
185
1.57%

LKOR Avg Life Maturity Distribution

--
--
--
--
0.11%
0.09%
9.09%
20.88%
69.83%

LKOR OAS Breakdown

75.78%
13.83%
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