iShares Health Innovation Active ETF

Frequently Asked Questions About BMED

What does BMED invest in?

BMED focuses on total return by investing in the broad health sciences group of industries from R&D to production and distribution of medical supplies in different fields, including dental, optical or pharmaceuticals. It also involves healthcare providers including health facilities and hospitals or those providing related administrative, management or financial support. The fund reaches into non-human health (e.g., survival of plants and animals) such as firms that increase crop yields, taste, nutritional content or improve pet health. BMED will include firms with varying market-cap with bias to small- and mid-caps that may include foreign non-USD-denominated securities. The fund may also hold REITs that own hospitals and IPOs. During temporary defensive periods, the fund may invest up to 100% of assets in liquid, short-term investments and can enter in credit default swaps for risk management. Prior to Oct. 10, 2024, the fund used Blackrock for branding purposes instead of iShares.

What is the expense ratio of BMED?

iShares Health Innovation Active ETF (BMED) charges an expense ratio of 0.77%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BMED?

iShares Health Innovation Active ETF (BMED) manages $10.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BMED actively managed or an index fund?

BMED's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BMED launched?

iShares Health Innovation Active ETF (BMED) launched in September 2020 and is managed by IShares.

How has BMED performed?

BMED's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.