IRBO Profile
The iShares Robotics and Artificial Intelligence Multisector ETF is designed to offer investors targeted exposure to companies involved in robotics and artificial intelligence (AI) across various industries. The fund focuses on investing at least 80% of its assets in the securities that comprise its underlying index. This index captures the performance of equity securities from a diverse range of sectors, reflecting the broad applications and significant impact of robotics and AI technologies on modern industries.
The underlying index is structured to encompass a wide spectrum of sectors that are advancing through robotics and AI innovations. This includes technology, manufacturing, healthcare, and consumer goods, among others. By including companies from multiple sectors, the index provides comprehensive coverage of industries that are leveraging these advanced technologies to drive growth, efficiency, and innovation. The ETF’s investment strategy aims to capitalize on the transformative potential of robotics and AI by targeting firms at the forefront of these technological advancements.
In addition to direct investments in the component securities of the index, the fund may allocate up to 20% of its assets to various financial instruments, including futures, options, and swap contracts, as well as cash and cash equivalents. This flexibility allows the fund to manage risk, enhance returns, and adjust exposure based on market conditions. The use of these financial instruments provides a dynamic approach to capturing opportunities within the robotics and AI sectors while managing portfolio volatility.
Managed by BlackRock, the iShares Robotics and Artificial Intelligence Multisector ETF benefits from the firm's extensive expertise in sector-specific and thematic investing. BlackRock’s management strategies focus on leveraging in-depth research and market insights to deliver a fund that aligns with investors' interests in cutting-edge technologies. For those seeking to invest in the evolving fields of robotics and AI with broad sectoral exposure, this ETF offers a strategic opportunity to gain access to high-growth areas while balancing risk and return considerations.
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