iShares Global Aerospace & Defence UCITS ETF

The iShares Global Aerospace & Defence UCITS ETF is an exchange-traded fund that seeks to replicate the price and yield performance of the S&P Developed BMI Select Aerospace & Defense 35/20 Capped Index. It provides investors with targeted exposure to companies operating in the aerospace and defense sectors across developed markets worldwide. The ETF holds a diversified portfolio primarily consisting of leading firms such as GE Aerospace (13.41%), RTX Corp (9.99%), Boeing (8.43%), Airbus Group (6.36%), and Rolls-Royce Holdings PLC (5.39%), among others like Safran SA, Rheinmetall AG, and Lockheed Martin Corp. These holdings span aircraft manufacturing, defense systems, engines, avionics, and related technologies, reflecting key players in military, commercial aviation, and space industries. As a UCITS-compliant product managed by BlackRock, it emphasizes total return through capital appreciation and income, while maintaining a capped index structure to limit concentration risk. This ETF plays a significant role in offering sector-specific access within global equity markets, enabling participation in the strategic and innovative dynamics of aerospace and defense without direct stock selection.