| Investment Objective: |
The iShares U.S. Power Infrastructure ETF seeks to track the investment results of an index composed of public companies involved in U.S. power infrastructure. The Fund tracks the investment results of the S&P U.S. Power Infrastructure Select Index, which measures the performance of equity securities of U.S. domiciled companies involved in U.S. power infrastructure, as determined by S&P Dow Jones Indices. The Index Provider constructs the Underlying Index by including those companies within the S&P 1500 Composite Index (Parent Index) that derive at least 50% of their total revenue from U.S. power infrastructure-related businesses, excluding certain oil & gas companies not involved in natural gas, as defined by FactSet's Revere Business Industry Classification System. The U.S. power infrastructure-related businesses include the following sub-themes (i) energy supply for electrification (ii) power generation, and (iii) power transmission, power distribution and storage which each include various RBICS groups of sub- industries. The Index Provider assigns each identified company to one of the sub-themes based on (1) the primary source of revenue or (2) other factors, including a company's business description, when the primary source of revenue is not definitive on a sub- theme. |
