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FlexShares Trust - FlexShares Ultra-Short Income Fund is an exchange traded fund launched by Northern Trust Corporation. The fund is managed by Northern Trust Investments, Incorporated. It invests in fixed income markets of global region. The fund invests in investment grade debt securities, including bonds, issued by governments and their agencies, instrumentalities or sponsored enterprises, state and local governments, and private-sector entities, such as corporations and banks with a dollar-weighted average portfolio maturity of not more than two years and that are rated within the top four rating categories by a nationally recognized statistical rating organization. It seeks to benchmark the performance of its portfolio against the Bloomberg 1-3 Month U.S. Treasury Bill Index. FlexShares Trust - FlexShares Ultra-Short Income Fund was formed on October 9, 2012 and is domiciled in the United States.