iShares Future AI Beneficiaries ETF is a passively managed index fund that seeks to track the Morningstar US Artificial Intelligence Beneficiaries Select Index, providing targeted exposure to U.S. equities expected to realize material revenue increases or cost savings through the adoption of artificial intelligence technology. The strategy utilizes a rules-based classification framework to rank and weight eligible companies based on thematic AI cost-savings and revenue-amplification exposure scores while applying strict liquidity screens and sector concentration caps.
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