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The fund is an exchange traded fund (ETF) that aims to track the performance of the STOXX? Europe 50 Index as closely as possible.
The ETF invests in physical index securities. The STOXX? Europe 50 Index offers exposure to 50 of the largest stocks from European developed countries, measured and weighted by free float market capitalisation. iShares ETFs are funds managed by BlackRock. They are transparent, cost-efficient, liquid vehicles that trade on stock exchanges like normal securities. iShares ETFs offer flexible and easy access to a wide range of markets and asset classes.