Morningstar Magazine - October/November 2017 - 22

BUILT BY INVESTORS, FOR INVESTORS

NFRA: an evolution in
infrastructure. Broader.
Deeper. Global.
Infrastructure investing is changing. So FlexShares® STOXX® Global Broad Infrastructure Index Fund (NFRA)
gives you exposure to the utilities, energy and transportation sectors - plus communications and government
outsourcing. NFRA builds on deep insight, analyzing equities from their actual holdings, across each sector.
NFRA offers you broad diversification, while attempting to hedge long-term inflation. Welcome to the next
generation of infrastructure investing.
For more information, visit flexshares.com/deeper

CAPITAL
APPRECIATION

RISK
MANAGEMENT

INCOME
GENERATION

LIQUIDITY
MANAGEMENT

NFRA
Before investing visit www.flexshares.com/prospectus to obtain a prospectus that includes the investment objectives, risks, fees, expenses and
other information you should read carefully and consider carefully. Foreside Fund Services, LLC, distributor.
An investment in FlexShares STOXX® Global Broad Infrastructure Index Fund (NFRA) is subject to investment risk, including possible loss
of principal. Fund's returns may not match the return of its index. The Fund may invest in emerging and foreign markets, derivatives and
concentrated sectors. In addition, the Fund may be subject to asset class, small-cap stock, value investing, non-diversification, fluctuation
of yield, income, interest rate/maturity, currency, passive investment, inflation-protected security, market and manager risk. For a
complete description of risks associated with the Fund, please refer to the prospectus.
NFRA is subject to infrastructure-related companies risk and MLP risk. Risks associated with infrastructure-related companies include: realized
revenue volume may be significantly lower than projected and/or there may be cost overruns; infrastructure project sponsors may alter their
terms making a project no longer economical; macroeconomic factors such as low gross domestic product (GDP) growth or high nominal
interest rates may raise the average cost of infrastructure funding; government regulation may affect rates
charged to infrastructure customers; government budgetary constraints may impact infrastructure projects;
MANAGED BY
and special tariffs may be imposed.
The STOXX® Global Infrastructure Index is the intellectual property (including registered trademarks) of
STOXX® Limited, Zurich, Switzerland and/or its licensors ("Licensors"), which is used under license. The
securities based on the Index are in no way sponsored, endorsed, sold or promoted by STOXX® and its
Licensors and neither of the Licensors shall have any liability with respect thereto.


http://www.flexshares.com/deeper http://www.flexshares.com/deeper

Table of Contents for the Digital Edition of Morningstar Magazine - October/November 2017

Contents
Morningstar Magazine - October/November 2017 - Cover1
Morningstar Magazine - October/November 2017 - Cover2
Morningstar Magazine - October/November 2017 - 1
Morningstar Magazine - October/November 2017 - 2
Morningstar Magazine - October/November 2017 - Contents
Morningstar Magazine - October/November 2017 - 4
Morningstar Magazine - October/November 2017 - 5
Morningstar Magazine - October/November 2017 - 6
Morningstar Magazine - October/November 2017 - 7
Morningstar Magazine - October/November 2017 - 8
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Morningstar Magazine - October/November 2017 - 28
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Morningstar Magazine - October/November 2017 - 35
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Morningstar Magazine - October/November 2017 - 37
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Morningstar Magazine - October/November 2017 - 94
Morningstar Magazine - October/November 2017 - 95
Morningstar Magazine - October/November 2017 - 96
Morningstar Magazine - October/November 2017 - Cover3
Morningstar Magazine - October/November 2017 - Cover4
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