iShares FinTech Active ETF (BPAY)

Overview

The fund operates within the financial and information technology sectors, focusing its investments heavily on equity securities from these industries. It adheres to a stringent guideline of allocating at least 80% of its net assets, in addition to any borrowed funds for investment purposes, towards equity securities and derivatives that mimic the economic characteristics of the financial and technology domains. This investment strategy signifies a keen intent to capitalize on the growth and innovation within the financial and technology sectors. The fund exhibits a non-diverse investment approach, which may entail a higher level of risk as its assets are less spread across different sectors.

Products and Services

• Equity Securities Investments:

  This product focuses on investing in equity securities, such as stocks, of companies in the financial and information technology sectors. The selection of stocks spans across both newer, smaller companies and established, larger counterparts, aiming to capitalize on innovative solutions and emerging technologies within these industries.

• Derivative Investments:

  The fund also allocates a portion of its resources towards derivatives that have similar economic characteristics to the equity securities of financials and information technology companies. These financial instruments are selected to mimic the performance of equity investments in these industries, potentially offering a diversified approach within the targeted sectors.