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Business Description
The iShares Russell Midcap Value Index Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Value Index. The fund uses a representative sampling strategy in order to track the Russell Midcap Value Index, which measures the performance of the mid-capitalization sector of the US equity market. It invests in those Russell Midcap Index companies with lower price-to-book ratios and lower forecasted growth.