FlexShares Announces Liquidation of Two Exchange Traded Funds
Northern Trusts FlexShares
Exchange Traded Funds announced the liquidation and termination of two exchange-traded funds: FlexShares Currency Hedged Morningstar DM ex-US Factor Tilt Index Fund (TLDH) and FlexShares Currency Hedged Morningstar EM Factor Tilt Index Fund (TLEH). It is expected that the Funds will be liquidated on or about January 29, 2021 (the Liquidation Date).
Upon the close of business on or about January 15, 2021, each Fund will discontinue accepting orders for the purchase of creation units, and trading in shares of the Funds is expected to be halted on the NYSE Arca, Inc. Shareholders may sell shares of the Funds on NYSE Arca until market close on or about January 15, 2021, and may incur the usual and customary brokerage commissions associated with such sales.