CLOSED 08/23/2021

iShares, begun trading a new US Revenue ETF, the iShares Russell 1000 Pure U.S. Revenue ETF (Nasdaq: AMCA) on Thursday, August 10, 2017. Here is a synopsis of the new ETF:

FUND INFORMATION:

FUND OBJECTIVE:
The  iShares Russell 1000 Pure U.S. Revenue ETF seeks to track the investment results of the Russell 1000 Pure Domestic Exposure Index.

REFERENCE INDEX:
The Russell 1000 Pure Domestic Exposure Index is designed to reflect the performance of the common stock of companies that earn a higher percentage of their revenues through sales in the United States as compared to other large- and mid-capitalization companies in the U.S. equity market.
The Underlying Index is a subset of market capitalization-weighted Russell 1000 Index. All companies in the Russell 1000 Index that have a domestic sales ratio of 90% or greater will be included in the Underlying Index. Domestic sales ratio is calculated as the percentage of a company’s latest reported domestic revenues compared to the company’s total revenues as of the data cut-off date. The Underlying Index will be reviewed and reconstituted annually in September using data at the close of the last business day of August (the data cut-off date). As of July 11, 2017, a significant portion of the Underlying Index is represented by securities of consumer services and financials companies.

Fund Top 10 Holdings (08/10/17):

Useful Links:
AMCA Home Page