More Than Tax Efficiency: Turn Direct Indexing Into a Growth Engine

Before investing, carefully consider the investment objectives, risks, charges, and expenses. This and other information is in the prospectus and a summary prospectus, copies of which may be obtained by visiting etfs.ntam.northerntrust.com. Read the prospectus carefully before you invest.

The Northern Trust Core Select Bond ETF, Northern Trust STOXX US ESG Select ETF, Northern Trust STOXX Global ESG Select ETF, Northern Trust ESG & Climate Developed Markets ex-US Core ETF, Northern Trust ESG & Climate Investment Grade Corporate Core ETF, Northern Trust ESG & Climate US Large Cap Core ETF, Northern Trust Global Quality Real Estate ETF, Northern Trust Morningstar Global Upstream Natural Resources ETF, Northern Trust High Yield Value-Scored Bond ETF, Northern Trust International Quality Dividend ETF, Northern Trust International Quality Dividend Dynamic ETF, Northern Trust Credit-Scored US Long Corporate Bond ETF, Northern Trust Disciplined Duration MBS ETF, Northern Trust STOXX Global Broad Infrastructure ETF, Northern Trust Quality Dividend Defensive ETF, Northern Trust Quality Dividend ETF, Northern Trust US Quality Large Cap ETF, Northern Trust US Quality Low Volatility ETF, Northern Trust Developed Markets ex-US Quality Low Volatility ETF, Northern Trust Emerging Markets Quality Low Volatility ETF, Northern Trust Ultra-Short Income ETF, Northern Trust Credit-Scored US Corporate Bond ETF, Northern Trust iBoxx 5-Year Target Duration TIPS ETF, Northern Trust iBoxx 3-Year Target Duration TIPS ETF, Northern Trust Morningstar U.S. Market Factor Tilt ETF, Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF, and the Northern Trust Morningstar Emerging Markets Factor Tilt ETF in the FlexShares Trust, registered with the United States Securities and Exchange Commission under the Investment Company Act of 1940, are distributed by Foreside Fund Services, LLC, not affiliated with Northern Trust.

The Northern Trust Short-Term Tax-Exempt Bond ETF, Northern Trust Intermediate Tax-Exempt Bond ETF, Northern Trust Tax-Exempt Bond ETF, Northern Trust 2030 Tax-Exempt Distributing Ladder ETF, Northern Trust 2035 Tax-Exempt Distributing Ladder ETF, Northern Trust 2045 Tax-Exempt Distributing Ladder ETF, Northern Trust 2055 Tax-Exempt Distributing Ladder ETF, Northern Trust 2030 Inflation-Linked Distributing Ladder ETF, Northern Trust 2035 Inflation-Linked Distributing Ladder ETF, Northern Trust 2045 Inflation-Linked Distributing Ladder ETF, Northern Trust 2055 Inflation-Linked Distributing Ladder ETF, and the Northern Trust US Equity ETF in the Northern Funds Trust, are registered with the United States Securities and Exchange Commission under the Investment Company Act of 1940, are distributed by Northern Funds Distributors, LLC, not affiliated with Northern Trust.

All Northern Trust ETFs are managed by Northern Trust Investments, Inc.

All investments are subject to numerous risks, including possible loss of principal. Fund returns may not match the return of the respective indexes. The Funds are subject to the following principal risks: asset class; authorized participant; calculation methodology; commodity; concentration; counterparty; currency; derivatives; dividend; emerging markets; Environmental, Social, Governance (ESG); equity securities; financial sector; fluctuation of yield and principal payment risk; foreign securities; fund termination risk; geographic; high portfolio turnover; income; industry concentration; inflation; infrastructure-related companies; interest rate; issuer; liquidity; large cap; management; market; market trading; mid cap stock; MLP; momentum; municipal investment risk; municipal market volatility risk; natural resources; new funds; non-diversification; passive investment; privatization; securities lending; small cap stock; tax liability risk; tracking error; value investing; and volatility risk. A full description of risks is in the prospectus.

Individual investors should contact their financial advisor or broker dealer representative for more information on the Funds.

Investment Products and Services are:
Not FDIC Insured | May lose value | No bank guarantee

All registered investment companies are obliged to distribute portfolio gains to shareholders at year-end regardless of performance. Trading ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer.