2022 Prospectus |
• | BlackRock Future Innovators ETF | BFTR | NYSE ARCA |
Ticker: BFTR | Stock Exchange: NYSE Arca |
(ongoing expenses that you pay each year as a percentage of the value of your investments) | ||||||||||
Management Fees1 |
Distribution and Service (12b-1) Fees |
Other Expenses |
Total
Annual Fund Operating Expenses |
Fee Waiver1 |
Total
Annual Fund Operating Expenses After Fee Waiver1 | |||||
1 |
One Year | Since
Fund Inception | ||
(Inception
Date): |
|||
Return Before Taxes | - |
||
Return after Taxes on Distributions1 | - |
||
Return after Taxes on Distributions and Sale of Fund Shares1 | - |
||
Russell 2500 Growth Index (Index returns do not reflect deductions for fees, expenses or taxes) |
1 |
■ | Government intervention in issuers’ operations or structure; |
■ | A lack of market liquidity and market efficiency; |
■ | Greater securities price volatility; |
■ | Exchange rate fluctuations and exchange controls; |
■ | Less availability of public information about issuers; |
■ | Limitations on foreign ownership of securities; |
■ | Imposition of withholding or other taxes; |
■ | Imposition of restrictions on the expatriation of the funds or other assets of the Fund; |
■ | Higher transaction and custody costs and delays in settlement procedures; |
■ | Difficulties in enforcing contractual obligations; |
■ | Lower levels of regulation of the securities markets; |
■ | Weaker accounting, disclosure and reporting requirements and the risk of being delisted from U.S. exchanges; and |
■ | Legal principles relating to corporate governance, directors’ fiduciary duties and liabilities and stockholders’ rights in markets in which the Fund invests may differ from or may not be as extensive or protective as those that apply in the U.S. |
BlackRock Future Innovators ETF | |||
Year
Ended 07/31/22 |
Period
From 09/29/20(a) to 07/31/21 | ||
Net asset value, beginning of period | $50.05 | $35.18 | |
Net investment loss(b) | (0.25) | (0.27) | |
Net realized and unrealized gain (loss)(c) | (21.94) | 15.14 | |
Net increase (decrease) from investment operations | (22.19) | 14.87 | |
Net asset value, end of period | $27.86 | $50.05 | |
Total Return(d) | |||
Based on net asset value | (44.34)% | 42.27%(e) | |
Ratios to Average Net Assets(f) | |||
Total expenses | 0.80% | 0.80%(g) | |
Total expenses after fees waived | 0.80% | 0.80%(g) | |
Net investment loss | (0.62)% | (0.67)%(g) | |
Supplemental Data | |||
Net assets, end of period (000) | $7,800 | $23,025 | |
Portfolio turnover rate(h) | 45% | 50%(e) | |
(a) Commencement of operations. | |||
(b) Based on average shares outstanding. | |||
(c) The amounts reported for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period due to the timing of capital share transactions in relation to the fluctuating market values of the Fund’s underlying securities. | |||
(d) Where applicable, assumes the reinvestment of distributions. | |||
(e) Not annualized. | |||
(f) Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. | |||
(g) Annualized. | |||
(h) Portfolio turnover rate excludes in-kind transactions. |
Call: | 1-800-474-2737 (toll free) |
Write: | c/o
BlackRock Investments, LLC 1 University Square Drive, Princeton, NJ 08540 |