Northern Trust rolls out ETFs investing in equities and TIPS

09/22/2011 | IndexUniverse.com

Northern Trust launched two exchange-traded funds that buy stocks and two with differing exposure to U.S. Treasury Inflation-Protected Securities. The ETFs are the FlexShares iBoxx 5-Year Target Duration TIPS Index Fund, the iBoxx 3-Year Target Duration TIPS Index Fund, the Morningstar Global Upstream Natural Resources Index Fund and the Morningstar U.S. Market Factor Tilt Index Fund. The ETFs trade on NYSE Arca and have expense ratios ranging from 0.2% to 0.48%.

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