Key stats
About FlexShares STOXX Global Broad Infrastructure Index Fund
Expense ratio
0.47%
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Inception date
Oct 8, 2013
ISIN
US33939L7955
NFRA covers the global infrastructure segment by tracking a market-cap-weighted index of infrastructure firms. The fund's index pulls from the STOXX Global Total Market Index which is dominated by developed markets despite its inclusion of emerging economies. The funds index provider targets five infrastructure sub-sectors (communication, energy, government outsourcing/social, transportation, and utilities) and requires that a firm generate at least half of its revenues from these activities. Unlike other infrastructure-focused ETFs that lean heavily on utilities, NFRA spreads its exposure more equally between utilities, industrials and telecommunications. Overall, NFRA gives a broad, low-risk exposure to the segment. The index is reconstituted semi-annually.
Classification
What's in the fund
Exposure type
Transportation
Utilities
Communications
Industrial Services
Stock breakdown by region