iShares MSCI Global Metals & Mining Producers ETF

Frequently Asked Questions About PICK

What does PICK invest in?

iShares, Inc. - iShares MSCI Global Metals & Mining Producers 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 global region. The fund invests in stocks of companies operating across materials, metals and mining, aluminum, diversified metals and mining, precious metals and minerals, steel sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the MSCI ACWI Select Metals & Mining Producers ex Gold and Silver Investable Market Index, by using representative sampling technique. iShares, Inc. - iShares MSCI Global Metals & Mining Producers ETF was formed on January 31, 2012 and is domiciled in the United States.

What is the expense ratio of PICK?

iShares MSCI Global Metals & Mining Producers ETF (PICK) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PICK?

iShares MSCI Global Metals & Mining Producers ETF (PICK) manages $2.20B 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 PICK actively managed or an index fund?

PICK is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (PICK's is 0.39%) because there's no security selection cost.

When was PICK launched?

iShares MSCI Global Metals & Mining Producers ETF (PICK) launched in January 2012 and is managed by IShares.

How has PICK performed?

PICK'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.