iShares U.S. Basic Materials ETF (IYMCL)

Overview

This company is centered around investment in the U.S. equity market, specifically targeting the basic materials sector. Its primary strategy involves allocating at least 80% of its assets towards securities that are either part of its underlying index or possess economic characteristics closely mirroring those of the index’s components. This focus underscores a commitment to capturing the performance and growth dynamics of the basic materials sector, which embodies a range of companies involved in the discovery, development, and processing of raw materials. The company’s investment approach is characterized by a non-diversified fund model, indicating a concentrated investment in the sector as opposed to spreading out investments across multiple sectors of the economy.

Products and Services

• Component Securities Investment

  The company invests a significant portion of its assets in the securities that are part of its underlying index. This approach is designed to closely track the performance of the basic materials sector in the U.S. equity market. By doing so, the company aims to offer investors exposure to the sector's potential for growth, aligning its portfolio with the economic characteristics and performance dynamics of its chosen sector.

• Investments with Economic Characteristics Identical to the Index

  In addition to direct investments in component securities, the company also seeks out investment opportunities that, while not part of the underlying index, exhibit economic characteristics that are substantially identical to those of the index components. This strategy allows for a broader exposure to the basic materials sector, capturing the essence of its economic performance while providing a diversified investment portfolio within the context of a non-diversified fund structure.