(PICK) iShares MSCI Global Metals - Ratings and Ratios

The iShares MSCI Global Metals & Mining Producers ETF (PICK) is designed to track the performance of companies primarily engaged in the metals and mining industry. The fund invests at least 80% of its assets in securities from the MSCI Global Metals & Mining Producers Index or in investments that closely replicate the economic characteristics of the index. This index includes companies from both developed and emerging markets involved in the extraction, production, and production of various metals and minerals. The fund focuses on companies in the metals and mining sector, including those involved in the production of aluminum, steel, and precious metals. It is classified as a non-diversified fund, meaning it can invest a significant portion of its assets in a limited number of securities.

With assets under management (AUM) of $770.88M, the fund provides exposure to a global portfolio of metals and mining companies. The fund is listed on the BATS exchange under the ticker symbol PICK and is categorized under Natural Resources. The funds portfolio includes companies involved in the extraction and production of diversified metals, aluminum, steel, and precious metals, as well as the mining of other minerals. The funds investment strategy is designed to provide investors with exposure to the global metals and mining sector, which is critical for industrial and technological development. The funds non-diversified nature allows for a concentrated portfolio, which can result in higher volatility but also provides the potential for significant returns if the sector performs well.