ESG Fees and Costs — FlexShares STOXX US ESG Select Index Fund
Data updated: 2026-09-25
The net expense ratio is 0.32%: a 0.32% management fee plus 0.01% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $735 in broker commissions, 0.0006% of average net assets, and portfolio turnover was 25%.
ESG Fees and Expenses
Annual operating expenses and sales charges of ESG. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.32% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.33% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.32% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
ESG Costs Over Time
On $10,000 invested in ESG, assuming 5% a year before costs, total costs come to $203 over 5 years, cutting the return by 0.34% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.32%) | $34 | $106 | $184 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $34 | $111 | $203 |
| Value after costs | $10,466 | $11,465 | $12,560 |
| Impact on return, per year | 0.34% | 0.34% | 0.34% |
ESG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0006%
- Total broker commissions: $735
- Bought from dealers (principal trades, not a cost): $161.4M
- Portfolio turnover (prospectus): 25%
- Securities on loan, average value: $4.1M
- Net income from securities lending: $4K (0.003% of average net assets)
ESG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $565 | 76.88% |
| BofA Securities, Inc. | $165 | 22.43% |
| Virtu Americas LLC | $3 | 0.44% |
| RBC Capital Markets, LLC | $1 | 0.10% |
| Morgan Stanley & Co. LLC | $1 | 0.09% |
| Goldman Sachs & Co. LLC | $0 | 0.06% |
ESG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $71.8M | 44.46% |
| BofA Securities, Inc. | $28.4M | 17.58% |
| Morgan Stanley & Co. LLC | $18.3M | 11.36% |
| Goldman Sachs & Co. LLC | $18.0M | 11.17% |
| UBS Securities LLC | $15.2M | 9.39% |
| Virtu Americas LLC | $7.1M | 4.38% |
| RBC Capital Markets, LLC | $2.7M | 1.66% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.