Ishares Climate Conscious & Transition MSCI USA ETF USCL Strategy

The investment seeks to track the investment results of the MSCI USA Extended Climate Action Index composed of U.S. large- and mid-capitalization companies based on their positioning, relative to their sector peers, with respect to the transition to a low-carbon economy, as determined by the index provider, based primarily on current emissions intensity, emissions reduction targets, green business revenue, and/or climate risk management. The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.