BlackRock to Make Index Changes to Two iShares Core ETFs in Early 2017
November 29 2016 - 5:58PM
Business Wire
Effective on or around January 23, 2017, BlackRock will make the
following changes to two iShares Core ETFs:
Current New Fund Name
iShares Core Russell U.S. Value ETF
(IUSV)
iShares Core S&P U.S. Value ETF
(IUSV)
Underlying Index Russell 3000® Value Index
S&P 900 Value Index
Index Provider FTSE Russell
S&P Dow Jones Indices LLC
Investment Objective
The iShares Core Russell U.S. Value ETF
seeks to track the investment results of a broad-based index
composed of U.S. equities that exhibit value
characteristics.
The iShares Core S&P U.S. Value ETF
seeks to track the investment results of an index composed of large
and mid-capitalization U.S. equities that exhibit value
characteristics.
Current New
Fund Name
iShares Core Russell U.S. Growth ETF
(IUSG)
iShares Core S&P U.S. Growth ETF
(IUSG)
Underlying Index Russell 3000® Growth Index
S&P 900 Growth Index
Index Provider FTSE Russell
S&P Dow Jones Indices LLC
Investment Objective
The iShares Core Russell U.S. Growth ETF
seeks to track the investment results of a broad-based index
composed of U.S. equities that exhibit growth characteristics.
The iShares Core S&P U.S. Growth ETF
seeks to track the investment results of an index composed of large
and mid-capitalization U.S. equities that exhibit growth
characteristics.
BlackRock currently offers small, mid and large capitalization
equity ETFs using S&P Indexes as part of its iShares Core ETF
lineup.
The fund tickers will remain unchanged.
Current shareholders in the above mentioned funds are not
required to take any actions as a result of these changes.
About BlackRock
BlackRock is a global leader in investment management, risk
management and advisory services for institutional and retail
clients. At September 30, 2016, BlackRock’s AUM was $5.1 trillion.
BlackRock helps clients around the world meet their goals and
overcome challenges with a range of products that include separate
accounts, mutual funds, iShares® (exchange-traded funds), and other
pooled investment vehicles. BlackRock also offers risk management,
advisory and enterprise investment system services to a broad base
of institutional investors through BlackRock Solutions®. As of
September 30, 2016, the firm had approximately 13,000 employees in
more than 30 countries and a major presence in global markets,
including North and South America, Europe, Asia, Australia and the
Middle East and Africa. For additional information, please visit
the Company’s website at www.blackrock.com | Twitter:
@blackrock_news | Blog: www.blackrockblog.com | LinkedIn:
www.linkedin.com/company/blackrock
About iShares
iShares® is a global leader in exchange-traded funds (ETFs),
with more than a decade of expertise and commitment to individual
and institutional investors of all sizes. With over 700 funds
globally across multiple asset classes and strategies and more than
$1 trillion in assets under management as of September 30, 2016,
iShares helps clients around the world build the core of their
portfolios, meet specific investment goals and implement market
views. iShares funds are powered by the expert portfolio and risk
management of BlackRock, trusted to manage more money than any
other investment firm.1
1 Based on $5.117 trillion in AUM as of 9/30/16
Carefully consider the Funds' investment objectives, risk
factors, and charges and expenses before investing. This and other
information can be found in the Funds' prospectuses or, if
available, the summary prospectuses which may be obtained by
visiting www.iShares.com or
www.blackrock.com. Read the prospectus carefully before
investing. Investing involves risk, including possible loss of
principal.
The iShares Funds are distributed by BlackRock Investments, LLC
(together with its affiliates, “BlackRock”).
The iShares Funds are not sponsored, endorsed, issued, sold or
promoted by Russell or S&P Dow Jones Indices LLC. Neither of
these companies make any representation regarding the advisability
of investing in the Funds. BlackRock is not affiliated with the
companies listed above.
©2016 BlackRock. All rights reserved. iSHARES and
BLACKROCK are registered trademarks of BlackRock. All other
marks are the property of their respective owners.
iS-19766-1116
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BlackRockPaul Young, 212-810-8142Paul.Young@blackrock.com
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