IDEV

The iShares Core MSCI International Developed Markets ETF (IDEV) invests in a diversified portfolio of large‑, mid‑ and small‑cap equities from developed countries outside the United States, with significant exposure to markets such as Japan, the United Kingdom, Canada, France, Germany and Australia, and sector weightings that include financials, industrials, technology, health care and materials. The fund follows a passive, market‑capitalization‑weighted approach to replicate the MSCI World ex USA Investable Market Index, holding at least 80 % of its assets in the index constituents and rebalancing quarterly to reflect index changes. IDEV is suited for investors who want a low‑cost core holding that provides broad, non‑U.S. equity diversification and complements a global or multi‑asset portfolio.