iShares MSCI Global Metals & Mining Producers ETF
Cboe: PICK
The iShares MSCI Global Metals & Mining Producers ETF seeks
to track the investment results of the MSCI ACWI Select Metals & Mining
Producers ex Gold and Silver Investable Market Index (IMI) (the Underlying
Index), which has been developed by MSCI Inc. (the Index Provider or MSCI)
to measure the combined performance of equity securities of companies in both
developed and emerging markets that are primarily involved in the extraction or
production of diversified metals, the production of aluminum or steel, and in
the mining of precious metals and minerals (excluding gold and silver) . MSCI
begins with the MSCI ACWI Investable Market Index (IMI), and then selects
securities of companies that are primarily focused on extraction and production
of aluminum, steel and diversified metals and mining. The Underlying Index may
include large-, mid- or small-capitalization companies.
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About iShares
iShares is the global product leader in exchange traded funds with over 600 funds globally across equities, fixed income and commodities, which trade on 20 exchanges worldwide. The iShares Funds are bought and sold like common stocks on securities exchanges. The iShares Funds are attractive to many individual and institutional investors and financial intermediaries because of their relative low cost and trading flexibility. Investors can purchase and sell shares through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account. The iShares customer base consists of the institutional segment of pension plans and fund managers, as well as the retail segment of financial advisors and high net worth individuals.