iShares US Large Cap Moderate Buffer Dec UCITS ETF USD (Acc)

The Fund is actively managed and aims to reflect the price return of US large cap equities represented by the S&P 500 Index (the "Index") up to an approximate cap on positive performance of the Index (the "Upside Cap") whilst seeking to provide a level of downside protection against negative performance of the Index (the "Approximate Buffer") when shares are held from the beginning to the end of a specified one-year outcome period (the "Outcome Period"). The Approximate Buffer aims to protect approximately 10% of the Index's downside performance from its starting point where shares are held for an entire Outcome Period. The value of the Fund will not be protected where the Index has decreased in value beyond the buffer level protection at the end of an Outcome Period. The performance of the Fund is subject to the Upside Cap which is an approximate cap on the positive performance of the Fund in respect of an Outcome Period. A new Upside Cap and Approximate Buffer will be set for each Outcome Period and will vary from one Outcome Period to the next. The Approximate Buffer and Upside Cap (and the Fund's position relative to each during an Outcome Period) should be considered before investing in this Fund (see the Fund's website). To achieve the target outcomes sought by the Fund for an Outcome Period, an investor must hold shares in the Fund for that entire Outcome Period. Investors who invest during an Outcome Period or sell their shares prior to the end of an Outcome Period may experience very different results than the Fund's investment objective. In order to achieve its investment objective, the Fund will invest in financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets). In particular in unfunded total return swaps which seek to deliver the performance of the Index and listed options in order to implement the Approximate Buffer and Upside Cap. The Fund may, via FDIs, generate varying amounts of

Gestione attiva

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No