GUNR 📈 FlexShares Morningstar - Overview

The FlexShares Morningstar Global Upstream Natural Resources Index Fund, traded on NYSE ARCA under the ticker GUNR, is an exchange-traded fund (ETF) designed to track the performance of a specific set of equity securities. These securities are issued by companies that operate in the natural resources sector, including those involved in the extraction, production, and distribution of natural resources. The index provider utilizes a proprietary methodology to select and weight the securities in the index, focusing on companies that are classified as part of developed or emerging markets. This classification is determined based on various factors, including market capitalization, liquidity, and economic indicators.

The fund's investment strategy involves investing at least 80% of its total assets in the securities that comprise the index, as well as in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that are based on these securities. This approach allows the fund to provide investors with exposure to a broad range of natural resources companies, including those that may not be directly listed on US exchanges. As a non-diversified fund, GUNR may invest a significant portion of its assets in a limited number of securities, which can result in higher volatility and risk. However, this concentration can also provide the potential for higher returns if the selected securities perform well.

In terms of its structure, the FlexShares Morningstar Global Upstream Natural Resources Index Fund is a US-domiciled ETF, with the ISIN code US33939L4077. It is categorized as a natural resources ETF, providing investors with a targeted way to gain exposure to the natural resources sector. The fund's website, http://www.flexshares.com, offers additional information on the fund's investment objectives, methodology, and performance. By investing in GUNR, investors can potentially benefit from the growth and diversification opportunities offered by the natural resources sector, while also gaining access to a broad range of companies and markets.