iShares Edge MSCI USA Quality Factor UCITS ETF USD (Dist)

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 MSCI USA Sector Neutral Quality Index, the Fund's benchmark index ("Benchmark Index"). The Share Class, via the Fund, is passively managed, and aims to invest in the equity securities (e.g. shares) that, so far as possible and practicable, make up the Benchmark Index. The Benchmark Index aims to reflect the performance characteristics of a subset of equity securities within the MSCI USA Index ("Parent Index") which are selected for their high quality. As at 1 June 2016, the Benchmark Index comprised 125 constituents. The constituents of the Benchmark Index are selected from the Parent Index based on three main equally weighted indicators of whether a company is demonstrating high quality characteristics: high percentage of company earnings allocated to shareholders; low levels of debt; and low variability of year on year company earnings. The Benchmark Index incorporates constraints on the exposure tospecific economic sectors to limit significant deviations from the Parent Index. The Parent Index measures the performance of large and mid-capitalisation companies in the USA. Companies are included in the Parent Index based on the proportion of their shares in issue that are available for purchase by international investors. As at 1 June 2016, the Parent Index comprised 624 constituents. The Fund intends to replicate the Index by holding the equity securities which make up the Index, in similar proportions to it. The Investment Manager may use financial derivative instruments ("FDIs") (i.e. investments the prices of which are based on one or more underlying assets) for direct investment purposes to produce a similar return to its Index. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No