##  [# ETF Odds & Ends: FlexShares Adds ESG Fund ](/sections/daily-etf-watch/etf-odds-ends-flexshares-adds-esg-fund) 

 

# ETF Odds & Ends: FlexShares Adds ESG Fund 

 

 

 Launches represented most of the activity in the ETF space during the week.



 

 

 

 

 [![HeatherBell_green_bg](/sites/default/files/styles/author_image_icon/public/2023-03/heather2.png?itok=5J9vBlda)](/contributors/heather-bell) 

[By Heather Bell](/contributors/heather-bell)

 Apr 22, 2022

 Edited by: Heather Bell

 

 

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A total of eight funds launched during the week ended April 22, including the newest addition to Northern Trust’s lineup of “ESG &amp; Climate” FlexShares, which debuted on Thursday.

The [**FlexShares ESG &amp; Climate Emerging Markets Core Index Fund (FEEM)**](https://www.sec.gov/Archives/edgar/data/0001491978/000119312522107490/d343499d497k.htm) follows a methodology that looks to provide exposure to stocks that have high scores for their ESG metrics and that offer lower-than-average carbon-related risks. FEEM comes with an expense ratio of 0.18% and lists on the NYSE Arca.

On Friday, the newly reorganized [**SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC)**](https://www.sec.gov/Archives/edgar/data/1168164/000119312522113271/d284216d497k.htm), which formerly traded as the SPDR MSCI ACWI Low Carbon Target ETF (LOWC), underwent a 4-for-1 forward split and simultaneously decreased its expense ratio to 0.12% from 0.20%.

Finally, the LGBTQ + ESG100 ETF (LGBT), which launched less than a year ago, saw its last day of trading on Wednesday. The shutdown brings the number of completed closures year-to-date to 24, but another 10 are already set to be finalized by early May.

*Contact Heather Bell at* [*heather.bell@etf.com*](mailto:heather.bell@etf.com)



 

 

 [ Heather Bell ](/contributors/heather-bell) 

 

 

  Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a…   [View Bio](/contributors/heather-bell)

 



 

 


 Related Topics  [ESG](http://www.etf.com/topics/esg) 

 [Equity](http://www.etf.com/topics/equity) 

 [Emerging Markets](http://www.etf.com/topics/emerging-markets)