Ishares Flexible Equity Active ETF (BFLX)

Ishares Flexible Equity Active ETF (BFLX) is an exchange-traded fund in the Long Short Equity category. It has $727.23M in assets and an expense ratio of 0.40%. Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities and derivatives that provide investment exposure to such securities or to one or more market risk factors associated with such securities. It’s 80% policy, equity securities include common stock, preferred stock, depository receipts, and securities or other instruments whose price is linked to the value of common stock. The fund is non-diversified.