The FlexShares US ESG Impact Index Fund (ESG) is an exchange-traded fund that aims to track the performance of the Northern Trust US Large Cap Index, which focuses on large-cap US companies that meet certain environmental, social, and governance (ESG) criteria.
The fund seeks to invest in companies that have demonstrated a commitment to sustainable practices and positive social and environmental impact, while avoiding those with significant negative impacts in these areas. The fund utilizes a rules-based approach to screening companies for inclusion, based on data from various ESG research providers.
As of February 25, 2023, the top holdings of ESG include companies such as Apple Inc., Microsoft Corp, Amazon.com Inc, Alphabet Inc. Class A, and Facebook Inc. Class A. The fund has a net expense ratio of 0.20% and has returned 17.84% year-to-date.
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