iShares India 50 ETF

Frequently Asked Questions About INDY

What does INDY invest in?

iShares Trust - iShares India 50 ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in public equity markets of India. The fund invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. The fund seeks to track the performance of the Nifty 50 Index, by using representative sampling technique. iShares Trust - iShares India 50 ETF was formed on November 18, 2009 and is domiciled in the United States.

What is the expense ratio of INDY?

iShares India 50 ETF (INDY) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.

What is INDY's distribution yield?

INDY's trailing-twelve-month yield is 9.87%, calculated from the sum of distributions over the past year divided by the current price.

How does INDY's covered-call strategy work?

INDY sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside. When the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.

How big is INDY?

iShares India 50 ETF (INDY) manages $495.5M 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 INDY actively managed or an index fund?

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