NYSEARCA:FEDM

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (FEDM) Price, Holdings, & News

$48.90
+0.36 (+0.74%)
(As of 04/26/2024 05:12 PM ET)
Today's Range
$48.83
$48.92
50-Day Range
$47.82
$50.18
52-Week Range
$41.36
$50.21
Volume
2,346 shs
Average Volume
1,566 shs
Market Capitalization
$48.90 million
Assets Under Management
$48.57 million
Dividend Yield
2.17%
Net Expense Ratio
0.12%

About FlexShares ESG & Climate Developed Markets ex-US Core Index Fund

The FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (FEDM) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a principles-based index of large-cap companies from the developed markets outside the US that exhibit environmental, social, and corporate governance (ESG) characteristics. FEDM was launched on Sep 20, 2021 and is managed by FlexShares.

FEDM Stock Price History

FEDM ETF News Headlines

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Fund Details

Issuer
Northern Trust
Fund Name
FlexShares ESG & Climate Developed Markets ex-US Core Index Fund
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:FEDM
Inception Date
9/21/2021
Fund Manager
Robert Anstine, Alan Aung, Steven Santiccioli
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
Northern Trust ESG & Climate Developed Markets ex-US Core Index
Category
Strategy
Focus
Theme
Development Level
Developed Markets
Region
Global ex-U.S.
Number of Holdings
255

Fund Statistics

Assets Under Management
$48.57 million
Average Daily Volume
$0.00
Discount/Premium
0.32%

Administrator, Advisor and Custodian

Administrator
J.P. Morgan Chase Bank, N.A.
Advisor
Northern Trust Investments, Inc.
Custodian
J.P. Morgan Chase Bank, N.A.
Distributor
Foreside Fund Services, LLC
Transfer Agent
J.P. Morgan Chase Bank, N.A.
Trustee
N/A
Lead Market Maker
Flow Traders

Miscellaneous

Beta
0.81
Creation Unit
50,000
Creation Fee
$4,500.00
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FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Expenses

TypeFEDMTheme ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.12%0.57%0.54%0.50%0.51%
Other Expenses0.01%0.72%0.54%0.64%0.58%
Total Expense0.13%0.72%0.70%0.74%0.70%
Fee Waiver-0.01%-0.76%-0.55%-0.68%-0.57%
Net Expense0.12%0.59%0.60%0.58%0.58%

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (FEDM) Holdings & Exposure

Top 10 FEDM Holdings

  • Novo Nordisk A/S Class B
    Holding Weight: 2.95%
  • ASML Holding NV
    Holding Weight: 2.26%
  • SAP SE
    Holding Weight: 1.83%
  • Shell PLC
    Holding Weight: 1.76%
  • Nestle SA
    Holding Weight: 1.70%
  • Schneider Electric SE
    Holding Weight: 1.53%
  • AstraZeneca PLC
    Holding Weight: 1.41%
  • Commonwealth Bank of Australia
    Holding Weight: 1.39%
  • Allianz SE
    Holding Weight: 1.38%
  • L'Oreal SA
    Holding Weight: 1.33%

FEDM Sector Exposure

FEDM Industry Exposure


FEDM ETF - Frequently Asked Questions

How have FEDM shares performed in 2024?

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund's stock was trading at $48.06 at the beginning of the year. Since then, FEDM stock has increased by 1.7% and is now trading at $48.90.
View the best growth stocks for 2024 here
.

What does FEDM invest in?

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund is a equity fund issued by Northern Trust. FEDM focuses on theme investments and follows the Northern Trust ESG & Climate Developed Markets ex-US Core Index. The fund's investments total to approximately $48.57 million assets under management.

What stocks does FlexShares ESG & Climate Developed Markets ex-US Core Index Fund hold?

FEDM invests in 255 holdings. Some of the stocks in their portfolio include Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), Enbridge (ENB) and Cornerstone Building Brands (CNR).

What is the management fee for FlexShares ESG & Climate Developed Markets ex-US Core Index Fund?

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund's management fee is 0.12% and has other expenses of 0.01%. However, FEDM has a fee waiver of -0.01% to reimburse the expenses. The net expense ratio for FEDM is 0.12%.

How do I buy shares of FlexShares ESG & Climate Developed Markets ex-US Core Index Fund?

Shares of FEDM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:FEDM) was last updated on 4/27/2024 by MarketBeat.com Staff

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