The investment seeks to track the S&P Global Infrastructure IndexTM. The fund generally invests at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is designed to track performance of the stocks of large infrastructure companies in developed or emerging markets that must be domiciled in developed markets, or whose stocks are listed on developed market exchanges around the world.
IPO Year: n/a
Exchange: NASDAQ
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Today, BlackRock expanded its infrastructure product suite with the launch of the iShares Infrastructure Active ETF (CBOE:BILT), designed to harness the long-term growth potential of listed infrastructure companies across sectors and geographies through the efficiency and convenience of an ETF. Infrastructure is a vital and distinctive segment of the global economy, with related investments projected to reach $68 trillion by 2040.1 This growth is fueled by powerful forces reshaping how the world builds, connects, and powers itself, including the buildout of energy-intensive data centers, a renewed focus on energy independence in many parts of the world, and the modernization and expansion