0001137439-23-000850.txt : 20230627 0001137439-23-000850.hdr.sgml : 20230627 20230627171933 ACCESSION NUMBER: 0001137439-23-000850 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230627 DATE AS OF CHANGE: 20230627 EFFECTIVENESS DATE: 20230627 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FLEXSHARES TRUST CENTRAL INDEX KEY: 0001491978 IRS NUMBER: 272560399 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-271813 FILM NUMBER: 231048485 BUSINESS ADDRESS: STREET 1: 50 SOUTH LASALLE STREET CITY: CHICAGO STATE: IL ZIP: 60603 BUSINESS PHONE: (855) 353-9383 MAIL ADDRESS: STREET 1: 50 SOUTH LASALLE STREET CITY: CHICAGO STATE: IL ZIP: 60603 FORMER COMPANY: FORMER CONFORMED NAME: FlexShares Trust DATE OF NAME CHANGE: 20110414 FORMER COMPANY: FORMER CONFORMED NAME: NT ETF Trust DATE OF NAME CHANGE: 20100513 0001491978 S000038873 FlexShares Quality Dividend Index Fund C000119637 FlexShares Quality Dividend Index Fund QDF 0001491978 S000038876 FlexShares International Quality Dividend Index Fund C000119640 FlexShares International Quality Dividend Index Fund IQDF 497 1 flexn14497062023.htm
FLEXSHARES® TRUST
To the Shareholders of
FlexShares® International Quality Dividend Defensive Index Fund (IQDE)
FlexShares® Quality Dividend Dynamic Index Fund (QDYN)
(each, a “Target Fund” and together, the “Target Funds”)
SUPPLEMENT DATED JUNE 27, 2023 TO THE JOINT PROSPECTUS/INFORMATION STATEMENT DATED JUNE 9, 2023

Upon a recommendation of Northern Trust Investments, Inc. (“NTI”), the Board of Trustees of FlexShares® Trust, on behalf of the FlexShares® International Quality Dividend Defensive Index Fund (“IQDE”) and FlexShares® International Quality Dividend Index Fund (“IQDF”), and NTI have agreed to terminate the Agreement and Plan of Reorganization (“Plan”) for IQDE, which will result in the cancellation of the proposed reorganization of IQDE with and into IQDF.  The reason for the cancellation of the proposed reorganization is that, following the reconstitution of the underlying indexes of IQDE and IQDF, there was no longer sufficient overlap in the two portfolios to support a tax-free reorganization.

Termination of the Plan for IQDE and cancellation of IQDE’s reorganization will have no impact on the reorganization of the FlexShares® Quality Dividend Dynamic Index Fund with and into the FlexShares® Quality Dividend Index Fund (the “QDYN Reorganization”).  Accordingly, the QDYN Reorganization will proceed as described in the Joint Prospectus/Information Statement.

Please retain this Supplement for future reference.