iShares Morningstar Mid-Cap Growth ETF IMCG Strategy

The investment seeks to track the investment results of the Morningstar® U.S. Mid Cap Broad Growth IndexSM composed of mid-capitalization U.S. equities that exhibit growth characteristics. The fund seeks to track the investment results of the underlying index, which measures the performance of U.S. stocks issued by mid-capitalization companies that have exhibited above-average “growth” characteristics as determined by Morningstar, Inc. The stocks in the underlying index are designated as “growth” because they are issued by companies that typically have higher than average historical and forecasted earnings, sales, book value and cash flow growth.