iShares Iv plc Electric Vehicles and Driving Technology UCITS ETF (ECAR)

The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund's assets, which reflects the return of the STOXX Global Electric Vehicles and Driving Technology Index, the Fund’s benchmark index (“Index”). The Share Class, via the Fund, aims to invest in equity securities (e.g. shares) that, so far as possible and practicable, make up the Index. The Index measures the performance of a subset of equity securities within the STOXX Global Total Market Index (TMI) (the “Parent Index”). Companies included in the Index are exposed to electric vehicles and assisted-driving technologies, including companies involved in the manufacturing of electric and autonomous vehicles, battery suppliers for electric vehicles, and other suppliers in the electric and autonomous vehicles manufacturers’ supply chain, as determined by the index provider. To be eligible for inclusion of the Index, such companies must (i) have a 3-month median daily traded volume greater than €1 million (EUR); (ii) have a free float market capitalisation greater than €200 million (EUR); (iii) generate at least 50% of their revenue (45% for existing constituents of the Index) from one or more of the following sectors: Electronic Vehicle Manufacturers, Electronic Vehicle Battery Suppliers and/or an Electronic Vehicle Manufacturers’ Supply Chain, as determined by the index provider (the "Revenue Filter”); and (iv) be domiciled in an eligible country, also determined by the index provider. The Index may include small, mid and/or large capitalisation constituents of the Parent Index from both developed and emerging market countries globally. The Parent Index is free float market capitalisation weighted, however, each constituent of the Index is equally weighted at each Index rebalance. This means that, at each index rebalance, the Index will have a larger weighting in smaller and mid-capitalisation securities compared to its Parent Index. The Index rebalances on an annual basis. The Index aims to have a minimum number of 80 constituents at the time of each rebalancing but if the application of the Revenue Filter results in this number falling below 80, the Revenue Filter is progressively lowered, in accordance with the index provider’s methodology, until the number of Index constituents is equal to or greater than 80.