iShares MSCI USA Small-Cap Min Vol Factor ETF SMMV

The investment seeks to track the investment results of the MSCI USA Small Cap Minimum Volatility (USD) Index. The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The index has been developed by MSCI Inc. (the "index provider" or "MSCI") to measure the performance of small-capitalization U.S. equities that in the aggregate have lower volatility characteristics relative to the small-capitalization U.S. equity market. The manager uses a "passive" or indexing approach to try to achieve the fund's investment objective. It is non-diversified.