BPAY – iShares FinTech Active ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to maximize total return. Under normal market conditions, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of fintech companies and derivatives that provide investment exposure to such securities or to one or more market risk factors associated with such securities. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BPAY	iShares FinTech Active ETF	ETF	Open			Aug 16, 2022	$8.83M	0.550%	—	—	−$585,762.70

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