iShares MSCI USA Momentum Factor Index ETF

XMTM seeks to provide long-term capital growth by replicating, to the extent possible, the performance, net of expenses, of an Index selected at the discretion of BlackRock Canada that measures the performance of U.S. equity securities identified by the Index Provider as exhibiting positive momentum characteristics. XMTM currently seeks to replicate the performance of the MSCI USA Momentum SR Variant Index. Under normal market conditions, XMTM will primarily invest in securities of one or more iShares ETFs and/or U.S. equity securities.