BFLX

iShares Flexible Equity Active ETF is a dynamically managed fund that takes both long and short positions primarily in global equity securities across any market capitalization, utilizing derivatives to gain exposure, hedge risk, or implement opportunistic asset and currency strategies. The portfolio incorporates a flexible combination of common stock, preferred stock, REITs, convertible securities, and up to 25% exposure to commodity markets via a wholly owned Cayman Subsidiary and commodity-linked exchange-traded products.