0001193125-12-408275.txt : 20120928 0001193125-12-408275.hdr.sgml : 20120928 20120928122210 ACCESSION NUMBER: 0001193125-12-408275 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120731 FILED AS OF DATE: 20120928 DATE AS OF CHANGE: 20120928 EFFECTIVENESS DATE: 20120928 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iSHARES INC CENTRAL INDEX KEY: 0000930667 IRS NUMBER: 510396525 STATE OF INCORPORATION: MD FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-09102 FILM NUMBER: 121115427 BUSINESS ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: (415) 670-2000 MAIL ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: ISHARES INC DATE OF NAME CHANGE: 20000516 FORMER COMPANY: FORMER CONFORMED NAME: WEBS INDEX FUND INC DATE OF NAME CHANGE: 19970211 FORMER COMPANY: FORMER CONFORMED NAME: FOREIGN FUND INC DATE OF NAME CHANGE: 19950524 0000930667 S000035998 iShares Asia/Pacific Dividend 30 Index Fund C000110325 iShares Asia/Pacific Dividend 30 Index Fund DVYA 0000930667 S000036004 iShares Emerging Markets Dividend Index Fund C000110341 iShares Emerging Markets Dividend Index Fund DVYE N-Q 1 d410839dnq.htm FORM N-Q Form N-Q

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-Q

 

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-09102

 

 

iShares, Inc.

(Exact name of Registrant as specified in charter)

 

 

c/o: State Street Bank and Trust Company

200 Clarendon Street, Boston, MA 02116

(Address of principal executive offices) (Zip code)

The Corporation Trust Incorporated

351 West Camden Street, Baltimore, MD 21201

(Name and address of agent for service)

Registrant’s telephone number, including area code: (415) 670-2000

Date of fiscal year end: April 30, 2013

Date of reporting period: July 31, 2012

 

 

 


Item 1. Schedules of Investments.

Schedule of Investments (Unaudited)

iSHARES® ASIA/PACIFIC DIVIDEND 30 INDEX FUND

July 31, 2012

 

Security

     Shares        Value  

COMMON STOCKS—99.29%

  

AUSTRALIA—43.40%

  

Amcor Ltd.

       45,162         $ 358,348   

Australia and New Zealand Banking Group Ltd.

       23,262           576,254   

Billabong International Ltd.

       171,876           245,084   

Commonwealth Bank of Australia

       9,498           575,025   

David Jones Ltd.

       253,854           651,830   

Metcash Ltd.

       112,020           401,985   

National Australia Bank Ltd.

       20,856           548,256   

SP AusNet

       649,140           720,694   

Suncorp Group Ltd.

       35,148           314,028   

Sydney Airport

       153,888           510,124   

Telstra Corp. Ltd.

       189,936           799,517   

UGL Ltd.

       31,380           430,617   

Westpac Banking Corp.

       24,666           602,209   
         

 

 

 
            6,733,971   

HONG KONG—20.28%

         

Anta Sports Products Ltd.(a)

       396,000           222,166   

Esprit Holdings Ltd.(a)

       472,800           575,020   

Shimao Property Holdings Ltd.(a)

       630,000           905,148   

SOHO China Ltd.

       687,000           511,242   

VTech Holdings Ltd.

       54,600           642,568   

Yue Yuen Industrial (Holdings) Ltd.

       96,000           290,960   
         

 

 

 
            3,147,104   

JAPAN—6.45%

         

Eisai Co. Ltd.

       9,000           399,872   

Ono Pharmaceutical Co. Ltd.

       6,000           379,513   

TonenGeneral Sekiyu K.K.

       27,000           221,946   
         

 

 

 
            1,001,331   

NEW ZEALAND—10.90%

         

SKYCITY Entertainment Group Ltd.

       170,412           492,522   

Telecom Corp. of New Zealand Ltd.

       555,156           1,198,871   
         

 

 

 
            1,691,393   

SINGAPORE—18.26%

         

Keppel Corp. Ltd.

       44,000           395,355   

SATS Ltd.

       210,000           435,443   

Singapore Post Ltd.(a)

       624,000           526,582   

Singapore Telecommunications Ltd.

       150,000           431,585   

SMRT Corp. Ltd.(a)

       246,000           322,267   

StarHub Ltd.

       234,000           722,170   
         

 

 

 
            2,833,402   
         

 

 

 

TOTAL COMMON STOCKS

         

(Cost: $15,117,672)

            15,407,201   


Schedule of Investments (Unaudited) (Continued)

iSHARES® ASIA/PACIFIC DIVIDEND 30 INDEX FUND

July 31, 2012

 

SHORT-TERM INVESTMENTS— 7.96%

  

MONEY MARKET FUNDS—7.96%

  

BlackRock Cash Funds: Institutional, SL Agency Shares

         

0.25%(b)(c)(d)

       1,152,523           1,152,523   

BlackRock Cash Funds: Prime, SL Agency Shares

         

0.22%(b)(c)(d)

       78,898           78,898   

BlackRock Cash Funds: Treasury, SL Agency Shares

         

0.06%(b)(c)

       3,462           3,462   
              

 

 

 
            1,234,883   
              

 

 

 

TOTAL SHORT-TERM INVESTMENTS

         

(Cost: $1,234,883)

            1,234,883   
              

 

 

 

TOTAL INVESTMENTS IN SECURITIES—107.25%

         

(Cost: $16,352,555)

            16,642,084   

Other Assets, Less Liabilities—(7.25)%

            (1,124,660
              

 

 

 

NET ASSETS—100.00%

          $ 15,517,424   
              

 

 

 

 

(a)

All or a portion of this security represents a security on loan. See Note 3.

(b)

Affiliated issuer. See Note 2.

(c)

The rate quoted is the annualized seven-day yield of the fund at period end.

(d)

All or a portion of this security represents an investment of securities lending collateral. See Note 3.

See accompanying notes to schedules of investments.


Schedule of Investments (Unaudited)

iSHARES® EMERGING MARKETS DIVIDEND INDEX FUND

July 31, 2012

 

Security

     Shares        Value  

COMMON STOCKS—96.09%

  

BRAZIL—8.87%

  

Banco do Brasil SA

       6,000         $ 63,753   

CCR SA

       46,000           383,399   

CPFL Energia SA

       28,400           327,237   

Light SA

       35,000           427,851   

Redecard SA

       19,000           306,071   

Souza Cruz SA

       20,100           283,133   

Tractebel Energia SA

       24,200           431,121   
         

 

 

 
            2,222,565   

CHILE—0.79%

         

CAP SA

       1,930           69,800   

Empresa Nacional de Telecomunicaciones SA

       6,530           128,686   
         

 

 

 
            198,486   

CHINA—6.00%

         

Guangzhou R&F Properties Co. Ltd. Class H(a)

       468,000           596,947   

PetroChina Co. Ltd. Class H

       160,000           200,577   

Shenzhen Investment Ltd.

       1,360,000           313,968   

Zhejiang Expressway Co. Ltd. Class H

       540,000           392,796   
         

 

 

 
            1,504,288   

CZECH REPUBLIC—3.96%

         

CEZ AS

       7,820           263,200   

Komercni Banka AS

       1,915           325,523   

Telefonica O2 Czech Republic AS

       21,373           403,795   
         

 

 

 
            992,518   

EGYPT—2.81%

         

Commercial International Bank Egypt SAE SP GDR

       54,000           239,220   

Orascom Construction Industries SAE SP GDR

       6,950           295,653   

Orascom Telecom Holding SAE SP GDR(b)(c)

       66,031           170,888   
         

 

 

 
            705,761   

HUNGARY—1.36%

         

Magyar Telekom Telecommunications PLC

       182,890           340,376   
         

 

 

 
            340,376   

INDIA—0.22%

         

Reliance Industries Ltd. SP GDR(d)

       2,090           55,218   
         

 

 

 
            55,218   

INDONESIA—3.94%

         

PT AKR Corporindo Tbk

       2,055,000           792,472   

PT Aneka Tambang (Persero) Tbk

       895,000           121,036   

PT Indo Tambangraya Megah Tbk

       20,000           75,119   
         

 

 

 
            988,627   


Schedule of Investments (Unaudited) (Continued)

iSHARES® EMERGING MARKETS DIVIDEND INDEX FUND

July 31, 2012

 

 

MALAYSIA—7.00%

  

Berjaya Sports Toto Bhd

       114,000           155,910   

British American Tobacco (Malaysia) Bhd

       19,000           362,697   

Kuala Lumpur Kepong Bhd

       22,000           167,030   

PPB Group Bhd

       20,000           97,140   

Public Bank Bhd

       46,000           211,075   

Sime Darby Bhd

       62,000           194,747   

Telekom Malaysia Bhd

       186,000           335,804   

YTL Power International Bhd

       400,000           230,069   
         

 

 

 
            1,754,472   

PHILIPPINES—1.56%

         

Globe Telecom Inc.

       14,200           390,164   
         

 

 

 
            390,164   

POLAND—2.46%

         

KGHM Polska Miedz SA

       6,750           256,609   

Telekomunikacja Polska SA

       75,950           358,921   
         

 

 

 
            615,530   

RUSSIA—1.36%

         

Mobile Telesystems OJSC

       44,500           341,700   
         

 

 

 
            341,700   

SOUTH AFRICA—11.10%

         

African Bank Investments Ltd.

       47,230           209,845   

Barloworld Ltd.

       8,050           81,822   

Exxaro Resources Ltd.

       4,590           94,218   

Foschini Group Ltd. (The)

       12,890           223,591   

Grindrod Ltd.

       72,990           114,881   

Impala Platinum Holdings Ltd.

       6,760           106,974   

Kumba Iron Ore Ltd.

       6,000           376,210   

Lewis Group Ltd.

       22,320           192,740   

Nampak Ltd.

       78,760           249,268   

Pretoria Portland Cement Co. Ltd.

       100,430           316,384   

RMB Holdings Ltd.

       55,730           248,764   

Tiger Brands Ltd.

       6,690           216,838   

Truworths International Ltd.

       14,660           184,341   

Woolworths Holdings Ltd.

       25,300           165,687   
         

 

 

 
            2,781,563   

SOUTH KOREA—3.46%

         

Daishin Securities Co. Ltd.

       27,500           200,420   

Hyundai Marine & Fire Insurance Co. Ltd.

       3,100           76,909   

Korea Exchange Bank

       29,200           216,942   

Korea Gas Corp.

       2,600           102,103   

KT Corp.

       1,100           31,376   

KT Corp. SP ADR

       16,800           239,400   
         

 

 

 
            867,150   

TAIWAN—23.52%

         

Ability Enterprise Co. Ltd.

       230,000           216,254   

AmTRAN Technology Co. Ltd.

       540,000           418,605   

China Steel Corp.

       172,295           153,094   

Chung Hsin Electric & Machinery Manufacturing Corp.

       320,000           181,379   


Schedule of Investments (Unaudited) (Continued)

iSHARES® EMERGING MARKETS DIVIDEND INDEX FUND

July 31, 2012

 

 

Chunghwa Telecom Co. Ltd.

       40,000           120,030   

Far EasTone Telecommunications Co. Ltd.

       80,000           201,650   

Farglory Land Development Co. Ltd.

       130,000           210,869   

Feng Hsin Iron & Steel Co. Ltd.

       70,000           111,561   

Formosa Chemicals & Fibre Corp.

       70,000           185,313   

Formosa Petrochemical Corp.

       40,000           116,029   

Formosa Plastics Corp.

       70,000           193,715   

Formosan Rubber Group Inc.

       340,000           209,152   

Gigabyte Technology Co. Ltd.

       240,000           209,652   

Highwealth Construction Corp.

       150,000           233,809   

Holtek Semiconductor Inc.

       230,000           248,079   

Hung Sheng Construction Co. Ltd.

       510,000           255,064   

Infortrend Technology Inc.

       180,000           114,929   

Inventec Corp.

       672,475           201,569   

Lite-On Technology Corp.

       220,000           276,903   

Macronix International Co. Ltd.

       933,764           231,320   

Nan Ya Plastics Corp.

       80,000           156,039   

Novatek Microelectronics Corp. Ltd.

       80,000           233,658   

Oriental Union Chemical Corp.

       77,000           88,829   

Phihong Technology Co. Ltd.

       170,000           138,868   

Sincere Navigation Corp.

       230,000           203,601   

Springsoft Inc.

       100,000           141,535   

Taiwan Mobile Co. Ltd.

       50,000           165,041   

TSRC Corp.

       54,500           124,473   

U-Ming Marine Transport Corp.

       160,000           250,729   

UPC Technology Corp.

       530,000           304,826   
         

 

 

 
            5,896,575   

THAILAND—8.63%

         

Advanced Information Service PCL NVDR

       80,000           508,421   

Airports of Thailand PCL NVDR

       41,000           89,244   

Charoen Pokphand Foods PCL NVDR

       196,000           207,086   

Land and Houses PCL

       1,564,000           387,645   

PTT Global Chemical PCL NVDR

       71,000           133,675   

Shin Corp. PCL

       249,400           497,294   

Siam Cement PCL NVDR

       17,000           177,184   

Thai Oil PCL NVDR

       87,000           163,108   
         

 

 

 
            2,163,657   

TURKEY—9.05%

         

Ford Otomotiv Sanayi AS

       91,360           879,859   

Haci Omer Sabanci Holding AS

       29,380           129,255   

Tofas Turk Otomobil Fabrikasi AS

       104,890           484,878   

Turk Telekomunikasyon AS

       81,160           314,463   

Turkiye Petrol Rafinerileri AS

       20,780           459,419   
         

 

 

 
            2,267,874   
         

 

 

 

TOTAL COMMON STOCKS

         

(Cost: $25,185,355)

            24,086,524   

PREFERRED STOCKS—2.95%

         

BRAZIL—2.95%

         

AES Tiete SA

       30,000           429,167   


Schedule of Investments (Unaudited) (Continued)

iSHARES® EMERGING MARKETS DIVIDEND INDEX FUND

July 31, 2012

 

 

Eletropaulo Metropolitana Eletricidade de Sao Paulo SA

       33,000           309,629   
         

 

 

 
            738,796   
         

 

 

 

TOTAL PREFERRED STOCKS

         

(Cost: $994,120)

            738,796   

SHORT-TERM INVESTMENTS—2.19%

         

MONEY MARKET FUNDS—2.19%

         

BlackRock Cash Funds: Institutional, SL Agency Shares

         

0.25%(e)(f)(g)

       473,056           473,056   

BlackRock Cash Funds: Prime, SL Agency Shares

         

0.22%(e)(f)(g)

       32,384           32,384   

BlackRock Cash Funds: Treasury, SL Agency Shares

         

0.06%(e)(f)

       43,159           43,159   
         

 

 

 
            548,599   
         

 

 

 

TOTAL SHORT-TERM INVESTMENTS

         

(Cost: $548,599)

            548,599   
         

 

 

 

TOTAL INVESTMENTS IN SECURITIES—101.23%

         

(Cost: $26,728,074)

            25,373,919   

Other Assets, Less Liabilities—(1.23)%

            (308,357
         

 

 

 

NET ASSETS—100.00%

          $ 25,065,562   
         

 

 

 

 

NVDR

  

- Non-Voting Depositary Receipts

SP ADR

  

- Sponsored American Depositary Receipts

SP GDR

  

- Sponsored Global Depositary Receipts

 

(a)

All or a portion of this security represents a security on loan. See Note 3.

(b)

Non-income earning security.

(c)

This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

(d)

This security may be resold to qualified institutional buyers under Rule 144A of the Securities Act of 1933.

(e)

Affiliated issuer. See Note 2.

(f)

The rate quoted is the annualized seven-day yield of the fund at period end.

(g)

All or a portion of this security represents an investment of securities lending collateral. See Note 3.

See accompanying notes to schedules of investments.


Notes to Schedules of Investments (Unaudited)

iSHARES® , INC.

iShares, Inc. (the “Company”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Company was incorporated under the laws of the State of Maryland on September 1, 1994 pursuant to amended and restated Articles of Incorporation.

These schedules of investments relate only to the following funds (each, a “Fund,” and collectively, the “Funds”):

 

iShares Index Fund       

Asia/Pacific Dividend 30

 

Emerging Markets Dividend

   

1. SIGNIFICANT ACCOUNTING POLICIES

SECURITY VALUATION

Each Fund’s investments are valued at fair value each day that the Fund’s listing exchange is open. U.S. GAAP defines fair value as the price a fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. The BlackRock Global Valuation Methodologies Committee (the “Global Valuation Committee”) provides oversight of the valuation of investments for the Funds. The investments of each Fund are valued pursuant to policies and procedures developed by the Global Valuation Committee and approved by the Board of Directors of the Company (the “Board”).

 

   

Equity investments traded on a recognized securities exchange are valued at that day’s last reported trade price or the official closing price, as applicable, on the exchange where the stock is primarily traded. Equity investments traded on a recognized exchange for which there were no sales on that day are valued at the last traded price.

 

   

Open-end U.S. mutual funds are valued at that day’s published net asset value (NAV).

In the event that application of these methods of valuation results in a price for an investment which is deemed not to be representative of the fair value of such investment or if a price is not available, the investment will be valued based upon other available factors deemed relevant by the Global Valuation Committee, in accordance with policies approved by the Board. These factors include but are not limited to (i) attributes specific to the investment; (ii) the principal market for the investment; (iii) the customary participants in the principal market for the investment; (iv) data assumptions by market participants for the investment, if reasonably available; (v) quoted prices for similar investments in active markets; and (vi) other factors, such as future cash flows, interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and/or other default rates. Valuations based on such factors are reported to the Board on a quarterly basis.

The Global Valuation Committee employs various methods for calibrating valuation approaches for investments where an active market does not exist, including regular due diligence of the Company’s pricing vendors, a regular review of key inputs and assumptions, transactional back-testing or disposition analysis to compare unrealized gains and losses to realized gains and losses, reviews of missing or stale prices and large movements in market values, and reviews of market related activity.


Fair value pricing could result in a difference between the prices used to calculate a Fund’s net asset value and the prices used by the Fund’s underlying index, which in turn could result in a difference between the Fund’s performance and the performance of the Fund’s underlying index.

Various inputs are used in determining the fair value of financial instruments. Inputs may be based on independent market data (“observable inputs”) or they may be internally developed (“unobservable inputs”). These inputs are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting purposes. The level of a value determined for a financial instrument within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement in its entirety. The categorization of a value determined for a financial instrument within the hierarchy is based upon the pricing transparency of the instrument and does not necessarily correspond to the Funds’ perceived risk of that instrument. The three levels of the fair value hierarchy are as follows:

 

   

Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities;

 

   

Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability either directly or indirectly, including quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not considered to be active, inputs other than quoted prices that are observable for the asset or liability (such as exchange rates, financing terms, interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs; and

 

   

Level 3 – Unobservable inputs for the asset or liability, including the Funds’ assumptions used in determining the fair value of investments.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. In accordance with the Company’s policy, transfers between different levels of the fair value hierarchy are deemed to have occurred as of the beginning of the reporting period.

As of July 31, 2012, the value of each of the Funds’ investments was classified as Level 1. The breakdown of each Fund’s investments into major categories is disclosed in its respective Schedule of Investments.

FOREIGN CURRENCY TRANSLATION

The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies, as well as investment securities and other assets and liabilities denominated in foreign currencies, are translated into U.S. dollars using exchange rates deemed appropriate by the investment adviser. Purchases and sales of securities, income receipts and expense payments are translated into U.S. dollars on the respective dates of such transactions.

FEDERAL INCOME TAXES

As of July 31, 2012, gross unrealized appreciation and gross unrealized depreciation based on cost for federal income tax purposes were as follows:

 

iShares Index Fund    Tax Cost     

Gross

Unrealized

Appreciation

    

Gross

Unrealized

Depreciation

   

Net Unrealized

Appreciation

(Depreciation)

 

Asia/Pacific Dividend 30

   $ 16,363,808       $ 1,140,520       $ (862,244   $ 278,276   

Emerging Markets Dividend

     26,731,842         484,897         (1,842,820     (1,357,923
                                    


2. TRANSACTIONS WITH AFFILIATES

Each Fund may invest its positive cash balances in certain money market funds managed by BlackRock Fund Advisors (“BFA”), the Funds’ investment adviser, or an affiliate. BFA is a California corporation owned by BlackRock, Inc. (“BlackRock”).

The PNC Financial Services Group, Inc. is the largest stockholder of BlackRock and is considered to be an affiliate of the Funds for 1940 Act purposes.

The iShares Emerging Markets Dividend Index Fund, in order to improve its portfolio liquidity and its ability to track its underlying index, may invest in shares of other iShares funds that invest in securities in the Fund’s underlying index.

3. LOANS OF PORTFOLIO SECURITIES

Each Fund may lend its investment securities to approved borrowers, such as brokers, dealers and other financial institutions. The borrower pledges and maintains with the Fund collateral consisting of cash, an irrevocable letter of credit issued by a bank, or securities issued or guaranteed by the U.S. government. The initial collateral received by each Fund is required to have a value of at least 102% of the current value of the loaned securities for securities traded on U.S. exchanges and a value of at least 105% for all other securities. The collateral is maintained thereafter, at a value equal to at least 100% of the current value of the securities on loan. The risks of securities lending include the risk that the borrower may not provide additional collateral when required or may not return the securities when due. Any securities lending cash collateral may be reinvested in certain short-term instruments either directly on behalf of a fund or through one or more joint accounts or money market funds, including those managed by BFA or its affiliates. Each Fund could suffer a loss if the value of an investment purchased with cash collateral falls below the value of the cash collateral received.

As of July 31, 2012, any securities on loan were collateralized by cash. The cash collateral received was invested in money market funds managed by BFA.


Item 2. Controls and Procedures.

 

  (a)

The President (the Registrant’s Principal Executive Officer) and Chief Financial Officer (the Registrant’s Principal Financial Officer) have concluded that, based on their evaluation as of a date within 90 days of the filing date of this report, the disclosure controls and procedures of the Registrant (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) are reasonably designed to achieve the purposes described in Section 4(a) of the certifications filed with this Form N-Q.

 

  (b)

There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) that occurred during the Registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

 

Item 3. Exhibits.

 

  (a)

Certifications of the President (the Registrant’s Principal Executive Officer) and Chief Financial Officer (the Registrant’s Principal Financial Officer) as required by Rule 30a-2(a) under the Investment Company Act of 1940 are filed with this Form N-Q as exhibits.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

iShares, Inc.

 

By:

 

/s/    Michael Latham

 

Michael Latham, President

(Principal Executive Officer)

Date:

 

September 19, 2012

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

 

By:

 

/s/    Michael Latham

 

Michael Latham, President

(Principal Executive Officer)

Date:

 

September 19, 2012

 

By:

 

/s/    Jack Gee

 

Jack Gee, Treasurer and Chief Financial Officer

(Principal Financial Officer)

Date:

 

September 19, 2012

EX-99.CERT 2 d410839dex99cert.htm CERTIFICATIONS Certifications

EX-99.CERT

Form N-Q Exhibit for Item 3(a)

I, Michael Latham, certify that:

 

  1.

I have reviewed this report on Form N-Q for the following two series of iShares, Inc.: iShares Asia/Pacific Dividend 30 Index Fund and iShares Emerging Markets Dividend Index Fund;

 

  2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

  3.

Based on my knowledge, the schedules of investments included in this report fairly presents in all material respects the investments of the Registrant as of the end of the fiscal quarter for which the report is filed;

 

  4.

The Registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the Registrant and have:

 

  (a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  (b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  (c)

Evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

 

  (d)

Disclosed in this report any change in the Registrant’s internal control over financial reporting that occurred during the most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting; and

 

  5.

The Registrant’s other certifying officer and I have disclosed to the Registrant’s auditors and the audit committee of the Registrant’s board of directors (or persons performing the equivalent functions):

 

  (a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize, and report financial information; and

 

  (b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

 

Date:

  

September 19, 2012

   

/s/    Michael Latham

 

President (Principal Executive Officer)

      

Michael Latham

[Signature]

 

[Title]


EX-99.CERT

Form N-Q Exhibit for Item 3(a)

I, Jack Gee, certify that:

 

  1.

I have reviewed this report on Form N-Q for the following two series of iShares, Inc.: iShares Asia/Pacific Dividend 30 Index Fund and iShares Emerging Markets Dividend Index Fund;

 

  2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

  3.

Based on my knowledge, the schedules of investments included in this report fairly presents in all material respects the investments of the Registrant as of the end of the fiscal quarter for which the report is filed;

 

  4.

The Registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the Registrant and have:

 

  (a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  (b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  (c)

Evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

 

  (d)

Disclosed in this report any change in the Registrant’s internal control over financial reporting that occurred during the most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting; and

 

  5.

The Registrant’s other certifying officer and I have disclosed to the Registrant’s auditors and the audit committee of the Registrant’s board of directors (or persons performing the equivalent functions):

 

  (a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize, and report financial information; and

 

  (b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

 

Date:

  

September 19, 2012

   

/s/    Jack Gee

 

Treasurer and Chief Financial Officer

(Principal Financial Officer)

      

Jack Gee

[Signature]

 

[Title]