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S&P Small
Cap 600 Index Derivatives
The Standard
& Poor's Small Cap 600 Index Fund seeks investment results that
correspond generally to the price and yield performance, before fees
and expenses, of the S&P Small Cap 600 Index (the "Index").
iShares S&P
Small Cap 600/BARRA Growth Index Fund seeks investment results that
correspond generally to the price and yield performance, before fees
and expenses, of the S&P Small Cap 600/BARRA Growth Index. iShares
S&P Small Cap 600/BARRA
Value Index Fund seeks investment results that correspond generally
to the price and yield performance, before fees and expenses, of the
S&P Small Cap 600/BARRA Value Index. There is no assurance that
the performance of the S&P Small Cap 600 Index can be fully matched.
Exchange Traded Funds
(ETFs) & iShares, Options & Futures Trading / Futures Contracts
|
Securities |
Issuer |
Type |
Symbol / Root |
|
S&P Small Cap 600 Index Fund |
AMEX |
ETF |
IJR |
|
S&P Small Cap 600/BARRA Growth Index
Fund |
AMEX |
ETF |
IJT |
|
S&P Small Cap 600/BARRA Value Index
Fund |
AMEX |
ETF |
IJS |
|
S&P Small Cap 600 Index Options |
CBOE |
Options |
SML |
|
S&P 600 Index: Trading
Options Contracts
Investors have used
options on the S&P Small Cap 600 (SML, IJR, IJT, IJS) index for
a variety of purposes over the past 18 years, including investing, hedging,
asset allocation, and the management of risk.
Investors
appreciate many features of the IJR, IJT, IJS options, including:
-
the
fact that the options are tied to the world's leading benchmark
for institutional investors;
-
IJR,
IJT, IJS options are powerful, flexible tools that allow investors
to synthetically adjust their positions to a 600-stock portfolio;
-
these
listed options minimize counterparty risk - they are guaranteed
by The Options Clearing Corporation, a triple-A rated clearinghouse.
- there is price
discovery in competitive, SEC-regulated auction markets.
S&P
600 Index: Trading iShares
iShares
are exchange-traded securities that represent ownership in over 50 different
index funds, each designed to provide investment returns corresponding
to the price and yield performance, before fees and expenses, of a particular
index compiled by one of five index providers: Standard & Poor’s
(a division of The McGraw-Hill Companies, Inc.), Dow Jones & Company,
Cohen & Steers, The Nasdaq Stock Market, Inc., Frank Russell Company
and Goldman Sachs Group. There is no assurance that the price and yield
performance of each particular index for each fund can be fully matched.
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