The
Standard & Poor's
Small Cap 600 Index Fund seeks investment results that correspond
generally to the price and yield performance, before fees and expenses, of
the S&P Small Cap 600 Index (the "Index").
iShares S&P Small Cap 600/BARRA
Growth Index Fund seeks investment results that correspond generally to
the price and yield performance, before fees and expenses, of the S&P
Small Cap 600/BARRA Growth Index. iShares S&P Small Cap 600/BARRA Value
Index Fund seeks investment results that correspond generally to the price
and yield performance, before fees and expenses, of the S&P Small Cap
600/BARRA Value Index. There is no assurance that the performance of the
S&P Small Cap 600 Index can be fully matched.
S&P 600 Index: Trading Options Contracts Investors have used options on
the S&P Small Cap 600 (SML, IJR, IJT, IJS) index for a variety of purposes over the past 18 years,
including investing, hedging, asset allocation, and the management of
risk.
Investors appreciate many
features of the IJR, IJT, IJS options, including:
the fact that the options are tied to the world's leading benchmark for institutional investors;
IJR, IJT, IJS options are powerful, flexible tools that allow investors to synthetically adjust their positions to a 600-stock portfolio;
these listed options minimize counterparty risk - they are guaranteed by The Options Clearing Corporation, a triple-A rated clearinghouse.
there is price discovery in competitive, SEC-regulated auction markets.
S&P 600 Index: Trading iShares
iShares
are exchange-traded securities that represent ownership in over 50
different index funds, each designed to provide investment returns
corresponding to the price and yield performance, before fees and
expenses, of a particular index compiled by one of five index providers:
Standard & Poors (a division of The McGraw-Hill Companies, Inc.), Dow
Jones & Company, Cohen & Steers, The NASDAQ Stock Market, Inc., Frank
Russell Company and Goldman Sachs Group. There is no assurance that the
price and yield performance of each particular index for each fund can be
fully matched.