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Overview
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Description
The iShares SP 500 Growth ETF seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit growth characteristics. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the SP 500 Growth Index (the Underlying Index). The Underlying Index measures the performance of the large-capitalization growth sector of the U.S. equity market. It is a subset of the SP 500 Index and consists of those stocks in the SP 500 Index exhibiting the strongest growth characteristics, as determined by the Index Provider, representing approximately 50% of the market capitalization of the SP 500 Index. The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index.