Current | New | |
Fund Name | iShares MSCI Spain Index Fund | iShares MSCI Spain Capped Index Fund |
Underlying Index | MSCI Spain Index | MSCI Spain 25/50 Index |
Investment Policy | The iShares MSCI Spain Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Spain Index. | The iShares MSCI Spain Capped Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Spain 25/50 Index. |
Description of Underlying Index | The MSCI Spain Index consists of stocks traded primarily on the Madrid Stock Exchange. | The MSCI Spain 25/50 Index consists of stocks traded primarily on the Madrid Stock Exchange. A capping methodology is applied that limits the weight of any single component to a maximum of 25% of the MSCI Spain 25/50 Index. Additionally, the sum of the components that individually constitute more than 5% of the weight of the MSCI Spain 25/50 Index cannot exceed a maximum of 50% of the weight of the MSCI Spain 25/50 Index in the aggregate. |
Annual
Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) | |||
Management
Fees |
Distribution
and Service (12b-1) Fees |
Other
Expenses |
Total
Annual Fund Operating Expenses |
0.53% | None | None | 0.53% |
1 Year | 3 Years | 5 Years | 10 Years |
$54 | $170 | $296 | $665 |
1 | The Fund’s total return for the nine months ended September 30, 2012 was -5.57%. |
One Year | Five Years | Ten Years | |
(Inception Date: 3/12/1996) | |||
Return Before Taxes | -10.05% | -5.79% | 7.34% |
Return After Taxes on Distributions1 | -10.58% | -5.98% | 7.13% |
Return After Taxes on Distributions and Sale of Fund Shares1 | -4.21% | -4.16% | 6.88% |
MSCI Spain Index (Index returns do not reflect deductions for fees, expenses, or taxes) | -12.28% | -6.27% | 6.88% |
1 | After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. |