iShares Large Cap Deep Quarterly Laddered ETF IVVB Strategy

The investment seeks to track the share price return of the iShares Core S&P 500 ETF (the “Underlying ETF”) up to an approximate upside limit, while seeking to provide downside protection. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of large capitalization companies or instruments with similar economic characteristics. For purposes of the fund’s 80% policy, “large capitalization companies” are those within the range of capitalizations of the underlying ETF’s index.