GUNR Profile
The FlexShares Morningstar Global Upstream Natural Resources Index Fund is designed to provide investors with exposure to a diverse range of equity securities from companies engaged in upstream natural resources activities. The fund tracks an index that measures the performance of equity securities issued by companies involved in the exploration, extraction, and production of natural resources, such as oil, gas, and metals. These companies are selected based on their classification within developed or emerging markets, as determined by the index provider's methodology.
To achieve its investment objective, the fund allocates at least 80% of its total assets to the securities included in its underlying index. This includes direct investments in the index components as well as in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that represent these securities. By investing in these instruments, the fund aims to mirror the index's performance and provide investors with exposure to the global upstream natural resources sector.
The index utilized by the fund is crafted to reflect a broad spectrum of natural resources companies across various geographies, capturing both developed and emerging markets. This approach ensures a comprehensive representation of the global upstream sector, enabling investors to benefit from potential growth in the natural resources industry. The fund’s strategy allows it to tap into the financial performance of companies that are pivotal in the supply chain of natural resources.
The FlexShares Morningstar Global Upstream Natural Resources Index Fund is non-diversified, focusing exclusively on upstream natural resources companies. This specialized investment strategy is suited for investors seeking targeted exposure to the natural resources sector, particularly those interested in the upstream activities that precede the refinement and distribution of resources. The fund’s approach provides a concentrated investment opportunity within a niche segment of the global equity market.
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