Provides clients with more choices to invest in
technology and AI
Today, BlackRock expanded investor access to technology and AI
equities with the launch of the iShares A.I. Innovation and Tech
Active ETF (NYSE: BAI) and the iShares Technology Opportunities
Active ETF (NYSE: TEK). While the AI revolution is still in its
early stages, BlackRock believes its long-term impact will be
profound.
“We are at the dawn of an intelligence revolution,” said Tony
Kim, Head of the Fundamental Equities Technology Group at
BlackRock. “These active ETFs can help investors seize outsized
and overlooked investment opportunities across the full stack of AI
and advanced technologies.”
As an investing theme, BlackRock views AI as a mega force with
broad investing implications both now and in the long term,
offering investors an opportunity to tap into a market that could
be poised for significant growth.
Leverages BlackRock’s alpha-seeking expertise to capture
evolving global AI and technology trends1
Both BAI and TEK provide investors with the best of BlackRock’s
investment insights in a liquid, transparent, and tax-efficient ETF
wrapper. Managed by Tony Kim and Reid Menge, the Funds benefit from
the expertise of BlackRock’s Fundamental Equities Technology Group.
BlackRock manages $32 billion in assets under management across
over 40 active ETFs in the U.S.2
Fund Name
Ticker
Performance Benchmark
Portfolio
Managers
iShares A.I. Innovation and Tech Active
ETF
BAI
S&P 500 Index
Tony Kim
Reid Menge
iShares Technology Opportunities Active
ETF
TEK
MSCI All Country World IT 10/40
“The asset management industry has reached an inflection point
as active ETFs become the next frontier in investment innovation,”
said Rachel Aguirre, Head of U.S. iShares Product at
BlackRock. “Today’s launches expand BlackRock’s active ETF
platform to more investors, enabling our clients to harness the
long-term potential of AI and technology within the convenience of
an ETF."
iShares A.I. Innovation and Tech Active ETF (BAI)
BAI seeks to maximize total return by investing in a
concentrated portfolio of ~20-40 global AI and technology stocks
across all market capitalizations. The ETF targets companies
generating revenue tied to one or more layers of the AI stack,
including AI infrastructure (AI power, accelerated computing, cloud
infrastructure), intelligence (AI models, data), and applications
(data software and tools, AI applications, services and
solutions).
iShares Technology Opportunities Active ETF (TEK)
TEK has a similar investment objective, investment process,
benchmark, and portfolio managers as the BlackRock Technology
Opportunities Fund (BGSIX). The ETF seeks long-term capital
appreciation by investing in a select portfolio of ~50-70 global
technology companies across semiconductors, software, hardware,
internet, services, content and infrastructure, and new
industries.
About BlackRock
BlackRock’s purpose is to help more and more people experience
financial well-being. As a fiduciary to investors and a leading
provider of financial technology, we help millions of people build
savings that serve them throughout their lives by making investing
easier and more affordable. For additional information on
BlackRock, please visit www.blackrock.com/corporate | Twitter:
@blackrock | LinkedIn: www.linkedin.com/company/blackrock
About iShares
iShares unlocks opportunity across markets to meet the evolving
needs of investors. With more than twenty years of experience, a
global line-up of 1400+ exchange traded funds (ETFs) and $4.2
trillion in assets under management as of September 30, 2024,
iShares continues to drive progress for the financial industry.
iShares funds are powered by the expert portfolio and risk
management of BlackRock.
Carefully consider the Funds' investment objectives, risk
factors, and charges and expenses before investing. This and other
information can be found in the Funds' prospectuses or, if
available, the summary prospectuses which may be obtained by
visiting www.iShares.com or www.blackrock.com. Read the prospectus
carefully before investing.
Investing involves risk, including possible loss of
principal.
The Fund is actively managed and does not seek to replicate the
performance of a specified index. The Fund may have a higher
portfolio turnover than funds that seek to replicate the
performance of an index.
Funds that concentrate investments in specific industries,
sectors, markets or asset classes may underperform or be more
volatile than other industries, sectors, markets or asset classes
and than the general securities market.
Technology companies may be subject to severe competition and
product obsolescence.
Convertible securities are subject to the market and issuer
risks that apply to the underlying common stock.
Securities issued in IPOs have no trading history, and
information about the companies may be available for very limited
periods. In addition, the prices of securities sold in IPOs may be
highly volatile or may decline shortly after the IPO.
Preferred stocks are not necessarily correlated with securities
markets generally. Rising interest rates may cause the value of the
Fund’s investments to decline significantly. Removal of stocks from
the index due to maturity, redemption, call features or conversion
may cause a decrease in the yield of the index and the Fund.
International investing involves risks, including risks related
to foreign currency, limited liquidity, less government regulation
and the possibility of substantial volatility due to adverse
political, economic or other developments. These risks often are
heightened for investments in emerging/developing markets or in
concentrations of single countries.
The Fund's use of derivatives may reduce the Fund's returns
and/or increase volatility and subject the Fund to counterparty
risk, which is the risk that the other party in the transaction
will not fulfill its contractual obligation. The Fund could suffer
losses related to its derivative positions because of a possible
lack of liquidity in the secondary market and as a result of
unanticipated market movements, which losses are potentially
unlimited. There can be no assurance that the Fund's hedging
transactions will be effective.
This information should not be relied upon as research,
investment advice, or a recommendation regarding any products,
strategies, or any security in particular. This material is
strictly for illustrative, educational, or informational purposes
and is subject to change. This material does not constitute any
specific legal, tax or accounting advice. Please consult with
qualified professionals for this type of advice.
The iShares Funds are distributed by BlackRock Investments, LLC
(together with its affiliates, “BlackRock”).
©2024 BlackRock, Inc. or its affiliates. All rights reserved.
iSHARES and BLACKROCK are trademarks of BlackRock,
Inc. or its affiliates. All other trademarks are those of their
respective owners.
1 Alpha refers to the excess return of a fund relative to the
return of a benchmark. 2 BlackRock, as of October 21, 2024.
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version on businesswire.com: https://www.businesswire.com/news/home/20241022669587/en/
Media Contacts Joanna Yau Joanna.Yau@BlackRock.com
646-856-7274
Grafico Azioni BlackRock ETF Tr (NYSE:BAI)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni BlackRock ETF Tr (NYSE:BAI)
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Da Dic 2023 a Dic 2024
