iShares ESG Growth ETF Portfolio

The fund aims for long-term capital growth by holding a portfolio of iShares ETFs that provide exposure to global equity and fixed income securities. These ETFs generally employ a broad spectrum of ESG-oriented investment strategies, or primarily invest in government bonds. Holding non-ESG iShares ETFs is also possible provided that doing so does not materially worsen the funds ESG attributes and is still consistent with its objective. Target allocation is approximately 80% equity and 20% fixed income, but GGRO can also invest across multiple asset classes, including commodities. Additionally, the fund is also permitted, but not required, to hedge some or a large portion of its exposure to USD or other foreign currencies back to the Canadian dollar. The funds currency hedging strategy and allocation of exposure among asset classes are determined at the sole discretion of BlackRock Canada and/or BTC. GGROs portfolio is generally rebalanced at least annually.