MAXJ – iShares Large Cap Max Buffer Jun ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to track the share price return of the iShares Core S&P 500 ETF up to an approximate upside limit, while seeking to maximize the downside protection against price declines of the underlying ETF over an approximate 12-month period beginning at the end of each June. Under normal market conditions, the fund invests at least 80% of its net assets in securities or other instruments that provide exposure to securities of large-capitalization companies or that provide for the Approximate Cap or the Approximate Buffer with respect to securities of large-capitalization companies. 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
MAXJ	iShares Large Cap Max Buffer Jun ETF	ETF	Open	—	—	Jun 28, 2024	$164.43M	0.500%	—	—	−$15.32M

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