iShares S&P Global Clean Energy Index ETF Company Profile

Description

The investment seeks to track the S&P Global Clean Energy IndexTM. The fund generally invests at least 90% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the index. The index is designed to track the performance of approximately 30 of what are will be the most liquid and tradable securities of global companies involved in clean energy related businesses. The fund is non-diversified.