Chicago-based FlexShares is panning to launch six dividend-focused exchange-traded funds, according to filings made with the Securities and Exchange Commission.
The six proposed ETFs will all be based on Northern Trust indexes with the companies included in each of the indexes selected based on a variety of fundamental factors like profitability, cash flow and quality of management.
The funds are:
FlexShares Quality Dividend Index Fund
FlexShares Quality Dividend Dynamic Index Fund
FlexShares Quality Dividend Defensive Index Fund
FlexShares International Quality Dividend Index Fund
FlexShares International Quality Dividend Dynamic Index Fund
FlexShares International Quality Dividend Defensive Index Fund
