The iShares Core Growth Allocation ETF is a multi-asset exchange traded fund that seeks to track the investment results of the S&P Target Risk Growth Index. This index is composed of a portfolio of underlying equity and fixed income funds that are intended to represent a growth allocation target risk strategy. The fund is managed by Blackrock, a major investment and asset management company and global provider of exchange traded funds, which is headquartered in New York City. The fund was established in 2008.
The fund is aimed at investors worldwide and provides a simple way to build a diversified core portfolio focused on growth, using one very convenient and low-cost ETF, to establish a long-term, balanced investment portfolio. Holdings include other selected ETFs, as well as cash and cash derivatives.