| Investment Objective: |
iShares Large Cap 10% Target Buffer Mar ETF seeks to track the share price return of the iShares Core S&P 500 ETF (the "Underlying Fund") up to an approximate upside limit, while seeking to provide downside protection against approximately the first 10% of Underlying Fund losses over an approximate 12-month period beginning at the end of each March. The Fund seeks to provide certain pre-determined Outcomes based on the performance of the Underlying Fund for investors who hold Fund shares over a 12-month period. The Outcomes sought by the Fund are: The share price return of the Underlying Fund capped at an approximate upside limit (the "Approximate Cap"), and Protection against approximately the first 10% of the Underlying Fund's losses (the "Approximate Buffer") over each Outcome Period. The Outcomes are intended to be realized only by investors who hold Fund shares at the outset of the Outcome Period and continue to hold the shares through the end of the Outcome Period. The Underlying Fund is the iShares Core S&P 500 ETF (Ticker: IVV). It is an exchange-traded fund ("ETF") that seeks to track the investment results of the S&P 500 Index, which measures the performance of the large- capitalization sector of the U.S. equity market, as determined by S&P Dow Jones Indices, LLC. |
