The exchange-traded fund (ETF) applies a proprietary rotation model with an 80% developed-markets equity floor and employs derivatives to manage exposure and risk.

BlackRock has expanded its portfolio lineup with the launch of the iShares World Thematic Rotation Active Ucits ETF (THRW), offering exposure to a global equity strategy that rotates exposure across long-term structural themes. The ETF is actively managed and does not track an index The fund seeks long-term capital growth by allocating to companies identified through a proprietary thematic rotation model developed by the investment manager and its affiliates. THRW will maintain at least 80%