| Investment Objective: |
The iShares A.I. Innovation and Tech Active ETF seeks to maximize total return. The fund selects a concentrated portfolio of global AI and technology equities across all market capitalizations, chosen through bottom-up, research-driven fundamental investing. Fund invests at least 80% of its net assets plus any borrowings for investment purposes in equity securities issued by U.S. and non-U.S. artificial intelligence ("A.I.") companies, technology companies and technology-related companies. Fund management focuses on A.I. innovation by seeking to invest in companies that meet current or forecasted revenue or net income thresholds or are projected to be future market leaders in the enablement, development, utilization and/or deployment of A.I. technology or products or services that leverage A.I. technology. Fund management has developed a proprietary framework to map companies to one or more of the following interconnected layers of an A.I. stack: A.I. power; accelerated computing; cloud infrastructure; A.I. models; data; data tools/infrastructure software; A.I. applications; and A.I. services and solutions. The Fund may invest in companies of any market capitalization located anywhere in the world, including companies located in emerging markets. |
