The iShares Edge U.S. Fixed Income Balanced Risk ETF (Cboe BZX: FIBR) will follow a passive investment strategy instead of following an actively managed one

The New Fund will have an investment objective of seeking to track the investment results of the Bloomberg Barclays U.S. Fixed Income Balanced Risk Index (the “Underlying Index”), an index composed of taxable U.S. dollar-denominated bonds and U.S. Treasury futures, which targets an equal allocation between interest rate and credit spread risk.