iShares MSCI USA Quality Factor ETF
1. Exposure to large- and mid-cap U.S. stocks exhibiting positive fundamentals (high return on equity, stable year-over-year earnings growth and low financial leverage)
2. Index-based access to a specific factor which has historically driven a significant part of companies' risk and return1
3. Use to help manage exposure and risk within a stock allocation
Important Notice Regarding Change in Investment Policy – On Thursday, June 25, 2015 the iShares Trust Board of Trustees approved the change in the investment objective for the iShares MSCI USA Quality Factor ETF (ticker symbol: QUAL). Beginning on or around Monday, August 31, 2015, the investment objective will track a new underlying index, the MSCI USA Sector Neutral Quality Index, and will cease to track the MSCI USA Quality Index. For more information, please contact 1-800-iShares (474-2737).
INVESTMENT OBJECTIVEThe iShares MSCI USA Quality Factor ETF (the “Fund”) seeks to track the investment results of an index that measures the performance of U.S. large- and mid-capitalization stocks as identified through three fundamental variables: return on equity, earnings variability and debt-to-equity.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
Past distributions are not indicative of future distributions.
as of 02-Jul-2015
|Ticker||Name||Weight (%)||Sector||Shares||Market Value||Price||Exchange||Notional Value|
|AAPL||APPLE INC||4.99||Information Technology||419,204||$53,004,154||126.44||NASDAQ||53,004,153.76|
|XOM||EXXON MOBIL CORP||4.91||Energy||626,807||$52,112,734||83.14||New York Stock Exchange Inc.||52,112,733.98|
|JNJ||JOHNSON & JOHNSON||4.86||Health Care||524,489||$51,630,697||98.44||New York Stock Exchange Inc.||51,630,697.16|
|MSFT||MICROSOFT CORP||4.79||Information Technology||1,145,985||$50,881,734||44.40||NASDAQ||50,881,734.00|
|GILD||GILEAD SCIENCES INC||3.77||Health Care||347,343||$39,958,339||115.04||NASDAQ||39,958,338.72|
|HD||HOME DEPOT INC||3.23||Consumer Discretionary||307,750||$34,311,048||111.49||New York Stock Exchange Inc.||34,311,047.50|
|V||VISA INC CLASS A||2.74||Information Technology||426,798||$29,124,696||68.24||New York Stock Exchange Inc.||29,124,695.52|
|MA||MASTERCARD INC CLASS A||2.66||Information Technology||300,025||$28,274,356||94.24||New York Stock Exchange Inc.||28,274,356.00|
|INTC||INTEL CORPORATION CORP||2.62||Information Technology||910,586||$27,822,955||30.56||NASDAQ||27,822,955.23|
|GOOG||GOOGLE INC CLASS C||2.56||Information Technology||51,934||$27,182,256||523.40||NASDAQ||27,182,255.60|
|Ticker||Name||ISIN||SEDOL||Weight (%)||Sector||Asset Class||Market Value||Shares||Price||Exchange||Notional Value|
% of Market Value
Cash and/or Derivatives