Jack Gee - IShares Basic Chief Financial Officer, Treasurer

IYM Etf  USD 146.04  1.35  0.93%   
Jack Gee is Portfolio Manager at iShares Basic Materials
Jack Gee is Treasurer and Chief Financial Officer of iShares Funds and iShares Trust. He is Director of Fund Administration of Intermediary Investor Business of BGI Treasurer and Chief Financial Officer of Parnassus Investments.
Age 56
Tenure 16 years
Webhttp://www.ishares.com/us/products/239503/ishares-us-basic-materials-etf
IssueriShares
Inception Date2000-06-12
BenchmarkRussell 1000 Basic Materials RIC 22.5/45 Capped Index
Entity TypeRegulated Investment Company
Asset Under Management569.75 Million
Average Trading Valume13,099.2
Asset TypeEquity
CategorySector
FocusMaterials
Market ConcentrationDeveloped Markets

IShares Basic Management Efficiency

The company has Return on Asset of 1.04 % which means that on every $100 spent on assets, it made $1.04 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 50.37 %, implying that it generated $50.37 on every 100 dollars invested. IShares Basic's management efficiency ratios could be used to measure how well IShares Basic manages its routine affairs as well as how well it operates its assets and liabilities.
The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. US Basic is traded on NYSEARCA Exchange in the United States. iShares Basic Materials [IYM] is traded in USA and was established 2000-06-12.

Management Performance

iShares Basic Materials Money Managers

Geoffrey Flynn, Chief Operating Officer, Executive Vice President
Robert Silver, Independent Trustee
John Kerrigan, Independent Trustee
Matt Tucker, Vice President
Cecilia Herbert, Independent Trustee
Lee Kranefuss, Chairman of the Board of Trustees
Michael Latham, President
Darrell Duffie, Independent Trustee
Jack Gee, Chief Financial Officer, Treasurer
Charles Hurty, Independent Trustee
Eilleen Clavere, Secretary
George Parker, Lead Independent Trustee
Lee Sterne, Vice President
John Martinez, Trustee
Patrick OConnor, Vice President
Amy Schioldager, Executive Vice President
Ira Shapiro, Vice President Chief Legal Officer

IShares Etf Performance Indicators

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When determining whether iShares Basic Materials is a strong investment it is important to analyze IShares Basic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares Basic's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Basic Materials. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of iShares Basic Materials is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Basic's value that differs from its market value or its book value, called intrinsic value, which is IShares Basic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Basic's market value can be influenced by many factors that don't directly affect IShares Basic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Basic's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Basic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Basic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.