iShares Files Active Large-Cap Growth ETF With Quantitative Stock Selection

The iShares Enhanced Large Cap Growth Active ETF is designed to outperform while maintaining low tracking error to the Russell 1000 Growth Index. BlackRock will use proprietary quantitative return-forecast models to identify potential stock mispricing and systematically overweight or underweight companies versus the benchmark while controlling incremental risk. At least 80% of assets will target large-cap growth equities or related derivatives. The actively-managed fund may also invest outside the benchmark, participate in IPOs and hold convertible securities, while using futures, options, swaps and forwards. It expects to concentrate in technology-related industries and will be non-diversified.