During Exchange 2026, advisors, experts, and thought leaders from a variety of firms gathered to share their ideas for navigating ongoing macroeconomic conditions while keeping investor goals at the forefront. Chris Huemmer, SVP and director of ETF & funds strategy at Northern Trust Asset Management, sat down with the VettaFi team.
On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) with Chuck Jaffe of Money Life. The pair discussed several topics related to the fund to give investors a deeper understanding of the ETF.
VettaFi's Head of Research Todd Rosenbluth discussed the FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit VettaFi | ETF Trends.
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This entity is structured to emulate the performance of a curated selection of equity securities. These securities are either traded in or issued by companies that are categorized under developed or emerging markets. The classification relies on the specific criteria set forth by the index provider's methodology. The entity focuses on capturing the dynamic nature of the global market landscape, aiming to offer stakeholders a representative exposure to diverse market conditions. The cornerstone of its strategy is a minimum investment of 80% of its total assets—excluding any collateral obtained from securities lending—directly into the securities constituting the index. Additionally, this includes investments in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that are based on the securities within the index. Notably, it positions itself as a non-diversified fund, thereby allowing for concentrated investments in select securities in an attempt to mirror the index's performance.
Investment in equity securities that are either traded on recognized exchanges or are issued by companies deemed as operating within developed or emerging markets. This encompasses direct investments in stocks represented in the index or those poised to join it, underpinning the fund's core investment strategy.
The fund extends its investment horizon by incorporating American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities within the index. These instruments allow the fund to gain exposure to foreign securities, amplifying its reach across global markets while mitigating some of the risks associated with direct investments in foreign entities.
As a non-diversified fund, it focuses on limiting the number of investments but opts for a higher concentration in those it perceives has significant potential. This strategy is aimed at closely mirroring the performance of the index, though it may involve a higher level of risk compared to diversified funds.