Northern Trust launches two sustainable investing exchange-traded funds

By Lisa Kerner

Charlotte, N.C., July 14 – FlexShares Exchange Traded Funds, sponsored and managed by Northern Trust Corp., introduced the FlexShares STOXX US ESG Impact Index Fund and FlexShares STOXX Global ESG Impact Index Fund.

These funds use data science techniques to combine key performance indicators in each of the environmental, social and governance buckets that are most influential in improving risk-adjusted returns, according to a news release.

FlexShares engaged STOXX, a global index provider, to measure the impact of ESG-related KPIs that are most influential in determining risk and returns across a global universe of stocks, the release stated.

“The launches of ESG and ESGG allow investors to incorporate sustainable investing values into their investment strategy as a core portfolio element,” said Shundrawn Thomas, head of Northern Trust’s Funds and Managed Accounts Group.

Northern Trust is a Chicago-based financial services company.

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