| Investment Objective: |
The iShares ESG Aware 80/20 Aggressive Allocation ETF (the "Fund") seeks to track the investment results of an index composed of a portfolio of underlying equity and fixed income funds with positive environmental, social, and governance characteristics intended to represent an aggressive risk profile. The Underlying Funds invest primarily in companies or issuers that exhibit positive environmental, social and governance ("ESG") characteristics, as identified by the index provider of each Underlying Fund in distinct asset classes, such as large-, mid- or small-capitalization U.S. or non-U.S. equity, and the broad U.S. dollar-denominated investment-grade bond market; each such asset class has its own risk profile. The BlackRock ESG Aware Aggressive Allocation Index (the "Underlying Index") is composed of a portfolio of ESG-oriented equity and fixed income Underlying Funds and measures the performance of BlackRock Index Services, LLC's (the "Index Provider" or "BIS") fixed allocation strategy that is intended to represent an "aggressive" risk profile with an 80% allocation to equities and 20% allocation to fixed income, as defined by BIS. |
