ENHI iShares Enhanced International Active ETF

About this ETF

iShares Enhanced International Active ETF is an actively managed exchange-traded fund that seeks to outperform the MSCI EAFE Index, a benchmark for large- and mid-cap stocks across 21 developed markets excluding the United States and Canada. It invests primarily in equity securities of foreign issuers, including common stocks, preferred stocks, depositary receipts, and convertible securities, with at least 80% of its net assets in such instruments or derivatives providing exposure to them. The fund employs proprietary return forecast models incorporating quantitative analysis, machine learning, artificial intelligence, sentiment analysis, and factor insights to identify mispricings, enabling over- and under-weighting of stocks while aiming to maintain low tracking error to the index. Managed by BlackRock, it may also use derivatives like options, futures, swaps, and forward contracts for enhancing returns, hedging currency and market risks, and efficient cash management. With a portfolio typically comprising hundreds of holdings, the fund engages in active and frequent trading and is classified as non-diversified. Distributions occur semi-annually, supporting investors seeking active international equity exposure in developed markets.