| Investment Objective: |
The iShares Core 40/60 Moderate Allocation ETF (the "Fund") seeks to track the investment results of an index composed of a portfolio of underlying equity and fixed income funds intended to represent a moderate target risk allocation strategy. he Fund is a fund of funds and seeks to achieve its investment objective by investing primarily in Underlying Funds that themselves seek investment results corresponding to their own respective underlying indexes. The Underlying Funds invest primarily in distinct asset classes, such as large- or mid- capitalization U.S. or non-U.S. equity, the aggregate bond market or the U.S. Treasury bond market. The S&P Target Risk Moderate Index (the "Underlying Index") is composed of a portfolio of equity and fixed-income Underlying Funds and measures the performance of the S&P Dow Jones Indices LLC (the "Index Provider" or "SPDJI") proprietary allocation model that is intended to represent a "moderate" target risk allocation strategy as defined by SPDJI. The Underlying Index seeks to provide significant exposure to fixed income, while also providing increased opportunity for capital growth through equities. |
