iShares Edge MSCI Multifactor Fincls ETF
FNCF
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Jun 21, 2016
- CIK
- 0001100663
- Website
- ishares.com
- Similar Companies
- Business
- iShares Edge MSCI Multifactor Financials ETF (FNCF) is an exchange-traded fund that seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks in the financials sector exhibiting favorable exposure to target style factors, including value, quality, momentum, and low volatility, subject to sector and risk constraints. Issued by BlackRock under the iShares brand and launched on May 10, 2016, the ETF provides investors with targeted exposure to financial companies selected and weighted based on multifactor methodologies designed to enhance risk-adjusted returns within the financials industry segment. Headquartered in New York at 50 Hudson Yards, BlackRock, the parent company and world's largest asset manager, offers FNCF as part of its broad suite of passive equity ETFs focused on factor-based strategies; the fund operates primarily in the U.S. market with assets under management of approximately $8.7 million as of recent data. FNCF holds a diversified portfolio of financial stocks across subsectors such as banks, insurance, capital markets, and consumer finance, employing full replication or sampling techniques to mirror the MSCI USA Multifactor Financials Index (or equivalent benchmark). The ETF distributes dividends quarterly and targets institutional and retail investors seeking sector-specific, factor-tilted equity exposure with low expense ratios typical of iShares products. In recent developments, FNCF was listed among iShares funds subject to closure announcements, with a last reported price of $34.52 as of August 15, 2018, reflecting significant operational changes including potential liquidation or delisting by BlackRock amid portfolio rationalization efforts in the multifactor ETF lineup. No major partnerships, acquisitions, funding rounds, or new product launches specific to FNCF have been reported in the last 1-2 years, consistent with its status as a niche, low-AUM fund within iShares' offerings.