iShares S&P U.S. Banks UCITS ETF USD (Acc)

The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund's assets, which reflects the return of the S&P 900 Banks (Industry) 7/4 Capped Index, the Fund's benchmark index (Index). The Share Class, via the Fund is passively managed, and aims to invest in equity securities (e.g. shares) that, so far as possible and practicable, make up the Index. The Index measures the performance of equity securities of companies included in the S&P 900 Index (Parent Index) which are within the Global Industry Classification Standard (GICS) classification of the financial sector's diversified banks and/or regional banks sub-industries, and whose businesses are derived from conventional banking operations. Diversified banks include multinational banking companies that provide a diverse range of financial services but does not include investment banks and regional banks. Regional banks are banks located in local regions but does not include diversified banks and investment banks. The Parent Index is free-float adjusted market capitalisation weighted. Free- float -adjusted means that only shares readily available in the market rather than all of a company's issued shares are used in calculating the Parent Index. Free float-adjusted market capitalisation is the share price of a company multiplied by the number of shares readily available in the market. The Index rebalances on a quarterly basis. The Index is free-float adjusted market capitalisation weighted subject to caps of 7% for the largest constituents and 4% for other constituents. The Fund intends to replicate the Index by holding the equity securities, which make up the Index, in similar proportions to it. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to off-set the costs of the Fund. The investment manager may use financial derivativ

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No