About FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR)

The FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) is an exchange-traded fund (ETF) that seeks to track the performance of the Northern Trust Credit-Scored US Corporate Bond Index. This index uses a proprietary credit scoring model developed by Northern Trust to select and weight securities based on their credit quality. The goal of the ETF is to provide investors with exposure to investment-grade corporate bonds while considering their credit risk.

SKOR aims to offer a transparent and rules-based approach to investing in US corporate bonds. The ETF holds a diversified portfolio of fixed-income securities issued by US corporations, which are screened and weighted using the credit-scoring model. The model analyzes each bond's credit risk based on various financial indicators and assigns a credit score, which is used to determine the weight of the bond in the portfolio. This approach helps to potentially enhance risk-adjusted returns by overweighting bonds with higher credit scores.