The iShares Russell 1000 ETF is designed to track the performance of the Russell 1000 Index, which consists of the largest publicly traded US companies. To achieve this, the fund typically invests at least 80% of its assets in the same securities that make up the index, providing broad exposure to the US equity market.
In addition to holding the underlying securities, the fund may also utilize various financial instruments, such as futures, options, and swap contracts, to manage risk, gain exposure, or enhance returns. These instruments can account for up to 20% of the fund's assets. The fund may also hold cash and cash equivalents, which can help to maintain liquidity and facilitate trading.
As a US-domiciled fund, the iShares Russell 1000 ETF is subject to the regulatory framework and laws of the United States. For more information about the fund, investors can visit the iShares website at http://www.ishares.com.
By tracking the Russell 1000 Index, the fund provides investors with access to a diversified portfolio of large-cap US companies, which can help to spread risk and potentially increase returns over the long term. The fund's diversified holdings can also help to reduce exposure to individual company risks, making it a popular choice for investors seeking broad US equity market exposure.