The iShares Global Aerospace & Defence UCITS ETF is a fund that aims to achieve a total return, through a combination of capital and income returns, which reflects the return of the S&P Developed BMI Select Aerospace & Defence 35/20 Capped Index, the Fund’s benchmark index (“Index”).

It has exposure to developed market equity securities of companies within the Global Industry Classification Standard (GICS) industry of Aerospace and Defence, its investments includes manufacturers of civil or military aerospace and defence equipment, parts or products, defence electronics and space equipment. The Benchmark Index caps the weights of the largest companies on a monthly basis to help ensure index diversification.

https://www.ishares.com/uk/individual/en/products/334464/ishares-global-aerospace-defence-ucits-etf

Courtesy of BlackRock