iShares Morningstar Small-Cap ETF (JKJ)

Overview

The company operates an investment fund that focuses on allocating at least 80% of its assets towards the securities included within its designated underlying index, in addition to investments that align closely with the economic characteristics of the underlying index's components. This underlying index is specifically geared towards tracking the performance of stocks from small-capitalization companies characterized by both growth and value traits, as defined by Morningstar, Inc. This strategic investment approach aims to leverage the potential of small-cap companies through a blend of growth and value investing, guided by the meticulous analysis and categorization provided by a reputable index provider, Morningstar.

Products and Services

• Investments in Component Securities of the Underlying Index:

  The fund commits at least 80% of its assets to the component securities that form its underlying index. This strategy ensures a focused approach to investing, directly engaging with the performance dynamics of small-cap growth and value companies as identified by the index.

• Investments with Economic Characteristics Identical to the Underlying Index:

  In addition to direct component investments, the fund also seeks opportunities in investments that, while not part of the underlying index, exhibit economic characteristics substantially identical to those of the index components. This allows for a broader engagement in the targeted investment theme beyond the confines of the index itself.

• Performance Tracking and Analysis by Morningstar:

  The underlying index’s performance, crucial for guiding the fund's investment strategy, is measured and analyzed by Morningstar, Inc. This partnership ensures the fund relies on expert analysis and classification of small-cap companies, aligning investments with both growth and value characteristics as per Morningstar’s assessments.