Key stats
About FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
Expense ratio
0.57%
Home page
Inception date
Sep 25, 2012
TLTE seeks smaller firms in the Emerging Markets Total Market segment with an eye toward value picks. The index provider does this by using fundamental factors (i.e., price-to-book, price-to-earnings, price-to-cash-flows, price-to-sales and dividend yield) to reallocate the weight of the market to firms exhibiting a value bias and re-weighting the market capitalization to favor small firms. Despite this approach, TLTE's sector tilts tend to be fairly mild. The index is rebalanced quarterly and reconstituted annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Stocks99.00%
Finance27.07%
Electronic Technology15.20%
Technology Services6.06%
Retail Trade4.97%
Non-Energy Minerals4.74%
Producer Manufacturing4.68%
Process Industries4.55%
Energy Minerals4.25%
Utilities4.17%
Consumer Durables3.83%
Consumer Non-Durables3.49%
Transportation3.24%
Health Technology2.94%
Industrial Services2.11%
Communications1.83%
Consumer Services1.72%
Distribution Services1.71%
Health Services1.49%
Commercial Services0.84%
Miscellaneous0.11%
Bonds, Cash & Other1.00%
UNIT0.97%
Miscellaneous0.03%
Rights & Warrants0.00%
Corporate0.00%
Stock breakdown by region
Asia74.42%
Middle East7.61%
Latin America6.97%
North America4.48%
Africa4.26%
Europe2.26%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history