Key stats
About FlexShares International Quality Dividend Defensive Index Fund
Expense ratio
0.47%
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Inception date
Apr 12, 2013
IQDE delivers a safe and sound portfolio by combining three investment aims: lower market risk (the safe part), stable returns (quality), and a strong dividend stream (the sound part). The index has a bias on large-caps by selecting its constituents from its Parent Index, Northern Trust International Large Cap Index, but it may also invest in mid-cap stocks. Securities ranking in the lowest quintile of quality and non-dividend paying firms are excluded. Quality is scored using a proprietary methodology based on management expertise (e.g. corporate finance activities), profitability, and cash flow. The remaining securities are optimized and weighted based on quality, dividend yield, and lower beta (0.5-1x than the Parent index). The Index is reconstituted quarterly starting each February. The fund was anticipated to merge into ticker: IQDF in June of 2023 but plans were canceled.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region