FlexShares® Morningstar Global Upstream Natural Resources Index Fund is an open-end managemnt investment company. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Morningstar® Global Upstream Natural Resources IndexSM (the “Underlying Index”). The Underlying Index reflects the performance of equity securities that are traded in or are issued by companies domiciled in global developed or emerging markets, as determined by Morningstar, Inc pursuant to its index methodology. As of Oct 31 2013, the Fund's total assets were $2,771,407,314 and the Fund's investment portfolio was valued at $2,753,318,594. We show 7 historical shares outstanding datapoints in our QDYN shares outstanding history coverage, used to compute QDYN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing QDYN market cap history over the course of time is important for investors
interested in comparing QDYN's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of QDYN versus a peer is one thing; comparing
QDYN market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like QDYN can fluctuate over the course of history.
With this page we aim to empower investors researching QDYN by allowing them to research the QDYN market cap history. |
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Video: The Importance of Market Cap
