IEDI Profile
The
iShares Evolved U.S. Discretionary Spending ETF, with the ticker
symbol IEDI, is an exchange-traded fund that seeks to provide
investors with exposure to companies in the consumer discretionary
sector in the United States. The ETF utilizes a unique proprietary
technology to identify and invest in companies that have exposure to
the consumer discretionary sector. The IEDI ETF aims to provide
investors with potential for long-term capital appreciation through
exposure to companies in the consumer discretionary sector. Here's an
extended company report for the iShares Evolved U.S. Discretionary
Spending ETF:
The iShares Evolved U.S. Discretionary Spending
ETF was launched in 2018 by iShares, a leading global investment
management firm. The ETF seeks to provide investors with exposure to
companies in the consumer discretionary sector in the United States.
The iShares Evolved U.S. Discretionary Spending ETF utilizes a
unique proprietary technology to identify and invest in companies that
have exposure to the consumer discretionary sector. The ETF's
investment strategy seeks to provide investors with potential for
long-term capital appreciation through exposure to companies in the
consumer discretionary sector.
As of March 18, 2023, the
iShares Evolved U.S. Discretionary Spending ETF had a net asset value
of approximately $122 million. The ETF's expense ratio is 0.18%, which
is competitive for similar ETFs.
Investing in the iShares
Evolved U.S. Discretionary Spending ETF involves risks, including the
risk that the ETF's performance may be affected by changes in market
conditions, changes in consumer preferences, and other factors that
may impact the companies in which the ETF invests. In addition, the
ETF's performance may be affected by fluctuations in the prices of
individual securities held by the ETF.
In conclusion, the
iShares Evolved U.S. Discretionary Spending ETF seeks to provide
investors with exposure to companies in the consumer discretionary
sector in the United States. The ETF utilizes a unique proprietary
technology to identify and invest in companies that have exposure to
the consumer discretionary sector, and seeks to provide potential for
long-term capital appreciation through exposure to companies in the
consumer discretionary sector. However, investors should carefully
consider the risks and potential benefits of investing in the iShares
Evolved U.S. Discretionary Spending ETF before making any investment
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