EX-99.(D)(7) 4 d380561dex99d7.htm EX-99.(D)(7) EX-99.(d)(7)

Exhibit (d)(7)

FLEXSHARES TRUST

AMENDMENT TO EXHIBIT A TO THE

EXPENSE REIMBURSEMENT AGREEMENT

THIS AMENDMENT (the “Amendment”), effective as of the 11th day of July, 2022, to Exhibit A to the Expense Reimbursement Agreement, dated as of December 9, 2021 (the “Agreement”), is entered into by and between FLEXSHARES TRUST (the “Trust”), a Maryland statutory trust and a registered investment company under the Investment Company Act of 1940, as amended (the “1940 Act”) and NORTHERN TRUST INVESTMENTS, INC. (“NTI”).

WHEREAS, each of the Trust and NTI is a party to the Agreement; and

WHEREAS, each of the Trust and NTI desires to amend the Agreement to replace Exhibit A.

NOW, THEREFORE, the parties agree as follows:

1. Exhibit A to the Agreement is hereby deleted in its entirety and replaced with Exhibit A attached hereto.

2. Except to the extent amended hereby, the Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their officers designated below as of the day and year first above written.

 

FLEXSHARES TRUST
By:  

/s/ Randal Rein

  Randal Rein
  Treasurer
NORTHERN TRUST INVESTMENTS, INC.
By:  

/s/ Peter K. Ewing

  Peter K. Ewing
  Senior Vice President


Exhibit A

FlexShares Trust

 

Fund

   Expense Limit  

FlexShares® Morningstar US Market Factor Tilt Index Fund

     0.2549

FlexShares® Morningstar Developed Markets ex-US Factor Tilt Index Fund

     0.3949

FlexShares® Morningstar Emerging Markets Factor Tilt Index Fund

     0.5949

FlexShares® Quality Dividend Index Fund

     0.3749

FlexShares® Quality Dividend Defensive Index Fund

     0.3749

FlexShares® Quality Dividend Dynamic Index Fund

     0.3749

FlexShares® International Quality Dividend Index Fund

     0.4749

FlexShares® International Quality Dividend Defensive Index Fund

     0.4749

FlexShares® International Quality Dividend Dynamic Index Fund

     0.4749

FlexShares® Morningstar Global Upstream Natural Resources Index Fund

     0.4649

FlexShares® STOXX® Global Broad Infrastructure Index Fund

     0.4749

FlexShares® Global Quality Real Estate Index Fund

     0.4549

FlexShares® iBoxx 3-Year Target Duration TIPS Index Fund

     0.1849

FlexShares® iBoxx 5-Year Target Duration TIPS Index Fund

     0.1849

FlexShares® Ready Access Variable Income Fund

     0.2549

FlexShares® Disciplined Duration MBS Index Fund

     0.2049

FlexShares® Credit-Scored US Corporate Bond Index Fund

     0.2249

FlexShares® Credit-Scored US Long Corporate Bond Index Fund

     0.2249

FlexShares® Real Assets Allocation Index Fund

     0.5749

FlexShares® US Quality Large Cap Index Fund

     0.2549

FlexShares® STOXX® US ESG Select Index Fund

     0.3249

FlexShares® STOXX® Global ESG Select Index Fund

     0.4249

FlexShares® Core Select Bond Fund

     0.3549

FlexShares® High Yield Value-Scored Bond Index Fund

     0.3749

FlexShares® US Quality Low Volatility Index Fund

     0.2249

FlexShares® Developed Markets ex-US Quality Low Volatility Index Fund

     0.3249

FlexShares® Emerging Markets Quality Low Volatility Index Fund

     0.4049

FlexShares® ESG & Climate US Large Cap Core Index Fund

     0.0949

FlexShares® ESG & Climate Developed Markets ex-US Core Index Fund

     0.1249

FlexShares® ESG & Climate Emerging Markets Core Index Fund

     0.1849

FlexShares® ESG & Climate High Yield Corporate Core Index Fund

     0.2349

FlexShares® ESG & Climate Investment Grade Corporate Core Index Fund

     0.1249