iShares U.S. Equity High Income ETF

The Fund is actively managed and aims to generate income and capital growth with lower volatility than the broader US equity market. The Fund will also invest in accordance with its ESG Policy as outlined in the Funds prospectus. In order to achieve its investment objective and policy, the Fund will invest in a variety of investment strategies and instruments. In particular, the Fund will use quantitative (i.e. mathematical or statistical) models in order to achieve a systematic (i.e. rule based) approach to stock selection and further the Fund will sell call options and buy futures on a large U.S. large capitalisation equity index to generate income.