The newly introduced Quality Dividend ETF includes Index Fund, Defensive Index Fund and the Dynamic Index Fund, which seek to offer a portfolio of stocks underlining long-term capital growth and income.
All the ETFs invest in quality companies, which deliver dividend income while controlling for market risk, claims FlexShares.
Northern Trust Exchange Traded Funds Group head Shundrawn Thomas said the ETFS are developed to perform better in a variety of market environments, including upward- and downward-trending markets.
"Our research shows that a high-quality, yield-focused equity position can potentially act as a return stabilizer for a broader portfolio, mitigate risk in volatile markets and provide higher dividend growth," Thomas added.
Chicago based Northern Trust manages offices in 18 US states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region.
As of 30 September 2012, Northern Trust had assets under custody of $4.8 trillion, and assets under investment management of $749.7bn.
