BlackRock Plans to Convert Large Cap Growth Mutual Fund Into Active ETF
BlackRock is seeking shareholder approval to reorganize its Advantage Large Cap Growth Fund into the newly created iShares Enhanced Large Cap Growth Active…
The Eventide Large Cap Focus ETF (ELCF) will invest at least 80% of its assets in large-cap companies selected through a combination of fundamental research and proprietary faith-based screening. The actively-managed strategy seeks businesses capable of sustaining profit and revenue growth while serving customers, employees, communities, and the environment. The fund may invest globally across sectors, including through ADRs, and can hold REITs, MLPs, preferred stocks, convertible bonds, and yieldcos. It may also use options, including covered calls and puts, to generate income and help manage portfolio risk.
Source: SEC Filings
BlackRock is seeking shareholder approval to reorganize its Advantage Large Cap Growth Fund into the newly created iShares Enhanced Large Cap Growth Active…
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