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Northern Trust Asset Management’s FlexShares® Expands Listing of Private Equity ETF

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Northern Trust Asset Management has launched the FlexShares Listed Private Equity UCITS ETF (Ticker: FLPE), providing exposure to the private equity market. Launched in December 2021, the ETF has already attracted over US$140 million in assets under management (AUM). It tracks the Foxberry Listed Private Equity SDG Screened USD Net Total Return index. The ETF is listed on both the London Stock Exchange and the Euronext Exchange in Amsterdam, offering enhanced liquidity and diversified investment strategies for professional investors.

Positive
  • FlexShares Listed Private Equity UCITS ETF (FLPE) launched with over US$140 million AUM.
  • Tracks the Foxberry Listed Private Equity SDG Screened USD Net Total Return index, focusing on private equity firms.
  • Increased access to the private equity market, traditionally hard to invest in, through a liquid ETF.
  • Introduces lower minimum investments for professional investors.
Negative
  • None.

More Than US$140 Million AUM ETF Designed to Provide Investors Access to Companies Investing in Private Equity

LONDON--(BUSINESS WIRE)-- Northern Trust Asset Management’s FlexShares Exchange Traded Funds today announced the listing of the FlexShares® Listed Private Equity UCITS ETF (Ticker: FLPE), the firm’s first exchange traded fund (ETF) that offers investors direct exposure to the listed private equity market.

Listed today on the London Stock Exchange, the fund has attracted more than US$140 million in AUM since its launch in December 2021.

FLPE tracks the Foxberry Listed Private Equity SDG Screened USD Net Total Return index, which seeks an intentional focus on firms most involved in private equity by employing a thematic purity score, which ranks securities according to their exposure to private equity themes.

Through FLPE, professional investors can gain exposure to private equity with an ETF that is designed to offer liquidity, lower minimum investments and the potential to achieve diversified exposure to multiple private equity firms and investment strategies.

Marie Dzanis, head of Northern Trust Asset Management in EMEA, said: “The private equity market is growing, and investors want access. FLPE was developed in direct response to our client’s demand for private equity exposure, which traditionally has been a difficult asset class to access. This product offers the ability to capture unique pockets of the market and combines our more than a decade of experience developing exchange traded funds to deliver a low-cost, liquid product that can meet client needs.”

The ETF will now be listed on the London Stock Exchange and the Euronext Exchange in Amsterdam, and is available in Austria, Denmark, Finland, Germany, Ireland, Netherlands, Sweden and the United Kingdom. It is FlexShares’ fifth ETF available in Europe since its entry into the European market in March of last year.

About FlexShares
FlexShares Exchange Traded Funds are designed to pursue specific investment goals across both passive and active strategies. FlexShares offers differentiated ETF strategies that can improve and simplify the investment decision process for the long-term investor. Please visit our website or connect with us on our LinkedIn page.

About Northern Trust Asset Management
Northern Trust Asset Management is a global investment manager that helps investors navigate changing market environments, so they can confidently realize their long-term objectives. Entrusted with US$1.3 trillion of investor assets as of December 31, 2021, we understand that investing ultimately serves a greater purpose and believe investors should be compensated for the risks they take — in all market environments and any investment strategy. That’s why we combine robust capital markets research, expert portfolio construction and comprehensive risk management to craft innovative and efficient solutions that deliver targeted investment outcomes. As engaged contributors to our communities, we consider it a great privilege to serve our investors and our communities with integrity, respect, and transparency.

Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, Belvedere Advisors LLC and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.

About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 22 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2021, Northern Trust had assets under custody/administration of US$16.2 trillion, and assets under management of US$1.6 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Please visit our website or follow us on Twitter.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Please read our global and regulatory information.

IMPORTANT INFORMATION
This is a marketing communication. Please refer to the prospectus and to the KIID before making any final investment decisions. This material is directed to eligible counterparties and professional clients only and is not intended for retail clients. For Asia-Pacific markets, it is directed to expert, institutional, professional and wholesale investors only and should not be relied upon by retail clients or investors. For legal and regulatory information about our offices and legal entities visit flexshares.com/disclosures.

Information contained herein has been obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. Information is only current as of the date stated and is subject to change without notice. Fund performance data provided herein should not be relied upon as a basis for investment decisions; performance data may be revised. This information does not constitute a recommendation for any investment strategy or product described herein. This information is not intended as investment advice and does not take into account an investor’s individual circumstances. The prospectus is available in English and the key investor information document is available in English, Dutch and German at www.flexshares.com/funds.

Marketing Communication

Prosek Partners on behalf of FlexShares & Northern Trust Asset Management

Pro-flexsharesUK@prosek.com

Northern Trust

Europe, Middle East, Africa & Asia-Pacific:

Camilla Greene

+44 (0) 207 982 2176

Camilla_Greene@ntrs.com

Marcel Klebba

+44 (0) 207 982 1994

Marcel.Klebba@ntrs.com



Northern Trust US & Canada:

Tom Pinto

+1 212 339 7288

Tom_Pinto@ntrs.com

Source: FlexShares

FAQ

What is the FlexShares Listed Private Equity UCITS ETF (FLPE)?

The FlexShares Listed Private Equity UCITS ETF (FLPE) is an exchange-traded fund launched by Northern Trust Asset Management that provides investors exposure to the listed private equity market.

How much AUM has the FLPE ETF attracted since its launch?

Since its launch in December 2021, the FLPE ETF has attracted over US$140 million in assets under management.

Where is the FLPE ETF listed?

The FLPE ETF is listed on the London Stock Exchange and the Euronext Exchange in Amsterdam.

What index does the FLPE ETF track?

The FLPE ETF tracks the Foxberry Listed Private Equity SDG Screened USD Net Total Return index.

When was the FLPE ETF launched?

The FLPE ETF was launched in December 2021.

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