Manager: BlackRock

Category: Domestic Stock Index

Objective: The Fund is an "index fund" that seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Small Cap 600 Index.

Strategy: The Fund shall be invested and reinvested primarily in a portfolio of U.S. common stock and other types of equity and equity-related securities, including, but not limited to, preferred stock, convertible securities, equity-linked notes, warrants, rights, and shares of investment companies and investment trusts (including exchange-traded funds) that may be managed, advised or sub-advised by an affiliate of BTC, with the objective of approximating as closely as practicable the total rates of return of the S&P SmallCap 600® Index, a market capitalization weighted index that is designed to measure the smallcap segment of the U.S. equity market. The primary criterion for selection of investments shall be the S&P SmallCap 600® Index, but may include securities and other instruments outside the index determined to be consistent with the portfolio’s objectives. The Fund may also invest in swaps (including, but not limited to, total return swaps and contracts for differences) and other derivative instruments that BTC determines to be consistent with the Fund’s objectives.

Fund Fact Sheet