ITB Profile
The iShares U.S. Home Construction ETF is designed to provide investors with targeted exposure to the home construction sector of the U.S. equity market. The fund tracks an index that measures the performance of companies primarily involved in the construction and development of residential properties. This sector-specific focus allows investors to gain concentrated exposure to businesses engaged in building new homes, including those involved in the production of building materials and home-related products.
The ETF aims to invest at least 80% of its assets in the securities that constitute its underlying index, which consists of companies that are integral to the home construction industry. By focusing on component securities and investments with similar economic characteristics, the fund seeks to accurately reflect the performance of its benchmark index. This investment approach ensures that the fund's holdings are closely aligned with the sector’s performance, providing investors with a direct line to the dynamics of the U.S. home construction market.
As a non-diversified fund, the iShares U.S. Home Construction ETF does not concentrate its investments in a specific number of securities or sectors outside of its primary focus. Instead, it maintains a broader exposure within the home construction sector, which allows it to capture a wide range of market movements and trends within the industry. This structure helps the fund to achieve its objective of reflecting the performance of the home construction sector while managing risks associated with sector-specific investments.
Managed by BlackRock Fund Advisors (BFA), a leading global asset management firm, the iShares U.S. Home Construction ETF benefits from BFA's extensive expertise and resources. BFA's strategic oversight ensures that the fund adheres to its investment mandate, leveraging detailed market research and analysis to maintain accurate tracking of the index. The fund provides a cost-effective means for investors to access the U.S. home construction sector, capitalizing on potential growth opportunities within this specific industry.
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