ASET provides comprehensive real asset exposure to real estate, infrastructure, and natural resources. ASET tracks a custom index, the Northern Trust Real Assets Allocation Index, which is composed of three FlexShares ETFs, including the FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR), the FlexShares Global Quality Real Estate Index Fund (GQRE), and the FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA). Real assets have historically responded favorably in rising inflationary or expanding economic cycles, making them useful to investors looking to reduce the effect of inflation on their long-term returns, according to FlexShares.