Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF

Frequently Asked Questions About TLTD

What does TLTD invest in?

This fund is designed for investors looking to build a core part of their portfolio, specifically aiming to capitalize on the potential for enhanced returns from small-capitalization and value-oriented companies within developed international markets, outside of the United States. Its primary objective is to generally replicate the overall investment performance, encompassing both capital appreciation and income, of the Morningstar Developed Markets ex-US Factor Tilt Index, before any management fees and operating expenses are deducted.

What is the expense ratio of TLTD?

Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF (TLTD) charges an expense ratio of 0.41%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TLTD?

Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF (TLTD) manages $660.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is TLTD actively managed or an index fund?

TLTD is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (TLTD's is 0.41%) because there's no security selection cost.

When was TLTD launched?

Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF (TLTD) launched in September 2012 and is managed by FlexShares.

How has TLTD performed?

TLTD's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.