BlackRock launches iShares US biotech ETF

TER of 0.35%

Tom Eckett
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BlackRock launches US biotech ETF
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BlackRock launches US biotech ETF

BlackRock has launched the iShares Nasdaq US Biotechnology UCITS ETF investing directly in biotech and pharmaceutical stocks which are listed on the Nasdaq stock exchange.

Listed on the London Stock Exchange on 23 October, the ETF has a total expense ratio (TER) of 0.35% and will track the Nasdaq Biotechnology index. The index, which has 161 stocks, is calculated using...

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