iShares International Preferred Stock ETF (IPFF)
BATS BATS Primary Summary
IPFF Chart
iShares International Preferred Stock ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JL Jeremiah Ludington Mainstay Capital Management LLC /ADV | 189 | $4 | $4 | - | - |
iShares International Preferred Stock ETF (IPFF) FAQ
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iShares International Preferred Stock ETF Profile
| - Industry | - Sector | - CEO | BATS Exchange | 46429B135 CUSIP |
| United States Country | - Employees | 24 Aug 2021 Last Dividend | - Last Split | - IPO Date |
Overview
The investment is designed to mirror the performance of the S&P International Preferred Stock IndexTM, which is composed primarily of preferred stocks from non-U.S. developed markets. In order to achieve its investment goal, the fund commits at least 80% of its assets to securities that are either part of the Index or substantially identical to such securities. Apart from its core holdings, the fund is allowed to allocate up to 20% of its assets to a mix of futures, options, swap contracts, cash, and cash equivalents, along with securities not included in the index. This strategy is intended to aid in tracking the index more accurately. Despite focusing on a specific segment of the international market, the fund operates as a non-diversified entity, meaning it might concentrate its investments more heavily in fewer issuers than a diversified fund.
Products and Services
- Component Securities of the S&P International Preferred Stock IndexTM
This product involves investing in preferred stocks that are listed as components of the S&P International Preferred Stock IndexTM. These stocks are selected from non-U.S. developed markets, providing investors with exposure to international preferred stock markets.
- Investments Substantially Identical to Index Components
Alongside direct investments in the index components, the fund allocates assets to investments that are substantially identical to those components. This strategy enhances the fund's ability to mirror the index’s performance.
- Derivative Instruments
The fund may invest in futures, options, and swap contracts to a limited extent. Such investments allow the fund to hedge against market risks or to seek to enhance returns, within the scope of its investment strategy.
- Cash and Cash Equivalents
A portion of the fund’s assets may be held in cash or cash equivalents. This allows for liquidity management and operational flexibility, enabling timely investment actions and the meeting of redemption requests.
- Securities Not Included in the Index
Up to 20% of the fund’s assets might be invested in securities that are not part of the S&P International Preferred Stock IndexTM. Such investments are selected by BFA when it believes they will assist in the fund's objective to track the index.
Contact Information
