Float-adjusted definition
Float-adjusted means that the share amounts used in calculating the index reflect only shares available to investors, with shares held by control groups, public companies and government agencies excluded. To the extent the index concentrates (i.e., holds 25% or more of its total assets) in the securities of companies in a particular industry or group of industries, the fund will concentrate its investments to approximately the same extent as the index. You could lose money by investing in the fund. An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The principal risks of investing in the fund listed below are presented alphabetically to facilitate your ability to find particular risks and compare them with the risks of other funds. Each risk summarized below is considered a “principal risk” of investing in the fund, regardless of the order in which it appears. Concentration risk, cybersecurity risk, equity security risk, ESG strategy risk, index provider risk, investment style risk, market trading risks, service provider operational risk, small-cap company risk, tracking error risk.