iShares ESG Aware Conservative Allocation ETF(CBOE:EAOK)

EAOK is part of iShares suite of target-risk strategies that screens for positive ESG traits. The fund invests exclusively in iShares ETFs aiming for exposure that is consistent with conservative risk tolerance. The index allocates its assets to four equity ETFs (ESGU, ESML, ESGD, ESGE) and one fixed income ETF (EAGG). The equity basket has a fixed 30% allocation and provides an all cap exposure to developed and emerging markets securities, while the fixed income basket has a fixed 70% allocation to broad US investment grade bonds. The index rebalances semi-annually to realign the allocations.