FEUS Fees and Costs — FlexShares ESG & Climate US Large Cap Core Index Fund
Data updated: 2026-09-25
The net expense ratio is 0.09%: a 0.09% 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 $353 in broker commissions, 0.0005% of average net assets, and portfolio turnover was 32%.
FEUS Fees and Expenses
Annual operating expenses and sales charges of FEUS. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.09% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.10% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.09% |
| 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 |
FEUS Costs Over Time
On $10,000 invested in FEUS, assuming 5% a year before costs, total costs come to $58 over 5 years, cutting the return by 0.10% 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 0.09%) | $9 | $30 | $52 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $1 | $5 |
| Total costs | $10 | $31 | $58 |
| Value after costs | $10,490 | $11,545 | $12,705 |
| Impact on return, per year | 0.10% | 0.10% | 0.10% |
FEUS 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): 0.0005%
- Total broker commissions: $353
- Bought from dealers (principal trades, not a cost): $97.8M
- Portfolio turnover (prospectus): 32%
- Securities on loan, average value: $2.0M
- Net income from securities lending: $2K (0.003% of average net assets)
FEUS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $229 | 64.95% |
| BofA Securities, Inc. | $124 | 35.05% |
FEUS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $32.3M | 33.06% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $27.8M | 28.38% |
| Virtu Americas LLC | $14.5M | 14.80% |
| UBS Securities LLC | $13.7M | 13.98% |
| Macquarie Capital (USA) Inc. | $6.1M | 6.20% |
| ABN AMRO Clearing Chicago LLC | $3.3M | 3.40% |
| J.P. Morgan Securities LLC | $95K | 0.10% |
| Morgan Stanley & Co. LLC | $46K | 0.05% |
| BMO Nesbitt Burns Securities Ltd. | $25K | 0.03% |
| Bank of Montreal | $15K | 0.02% |
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.