FlexShares International Quality Dividend Defensive Index Fund Price & Performance (IQDE)

Northern Trust has finalized the closure of its FlexShares International Quality Dividend Defensive Index Fund (IQDE). The ETF ceased trading after January 21, 2025, with remaining shareholders set to receive cash equal to the fund's net asset value, minus liquidation costs. Investors are encouraged to review potential tax consequences.1234

The liquidation of FlexShares International Quality Dividend Defensive Index Fund means shareholders who did not sell by the last trading day will automatically receive cash at NAV. While no fund transaction fees apply, liquidation expenses reduce final payouts, and investors may encounter capital gains or losses requiring tax planning.324

The winding down of the FlexShares IQDE ETF represents a standard industry event, with minimal broader impact. Institutional investors often exit before the final trading day for price control. The fund’s closure highlights the importance of monitoring ETF viability and understanding the mechanics of forced liquidations for retail investors.342