FlexShares Launches New MBS ETF
September 04, 2014 at 13:20 PM EDT
FlexShares, the exchange traded funds unit of Northern Trust (NasdaqGS: NTRS), today introduced the FlexShares Disciplined Duration MBS Index Fund (NasdaqGM: MBSD). The new ETF consists of mortgage-backed securities issued by the Federal National Mortgage Association (FNMA or Fannie Mae), the...