2013 Prospectus |
► | iShares Emerging Markets High Yield Bond ETF | EMHY | BATS |
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S-1 |
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11 |
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13 |
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16 |
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23 |
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Ticker: EMHY | Stock Exchange: BATS |
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 | |||
0.65% | None | None | 0.65% |
1 Year | 3 Years | 5 Years | 10 Years | |||
$66 | $208 | $362 | $810 |
■ | The risk of delays in settling portfolio transactions and the risk of loss arising out of the system of share registration and custody used in certain Eastern European countries; |
■ | Risks in connection with the maintenance of the Fund's portfolio securities and cash with foreign sub-custodians and securities depositories, including the risk that appropriate sub-custody arrangements will not be available to the Fund; |
■ | The risk that the Fund's ownership rights in portfolio securities could be lost through fraud or negligence as a result of the fact that ownership in shares of certain Eastern European companies is recorded by the companies themselves and by registrars, rather than a central registration system; |
■ | The risk that the Fund may not be able to pursue claims on behalf of its shareholders because of the system of share registration and custody, and because certain Eastern European banking institutions and registrars are not guaranteed by their respective governments; and |
■ | Risks in connection with Eastern European countries' dependence on the economic health of Western European countries and the EU as a whole. |
Approximate
Value of a Creation Unit |
Creation
Unit Size |
Standard
Creation/ Redemption Transaction Fee |
Maximum
Additional Charge for Creations* |
Maximum
Additional Charge for Redemptions* | ||||
$5,438,000 | 100,000 | $100 | 3.0% | 2.0% |
* | As a percentage of the net asset value per Creation Unit, inclusive, in the case of redemptions, of the standard redemption transaction fee. |
Period
from Apr. 3, 2012a to Oct. 31, 2012 | |
Net asset value, beginning of period | $ 50.02 |
Income
from investment operations: |
|
Net investment incomeb | 1.60 |
Net realized and unrealized gainc | 3.40 |
Total from investment operations | 5.00 |
Less distributions from: | |
Net investment income | (1.40) |
Total distributions | (1.40) |
Net asset value, end of period | $ 53.62 |
Total return | 10.21% d |
Ratios/Supplemental data: | |
Net assets, end of period (000s) | $166,231 |
Ratio of expenses to average net assetse | 0.65% |
Ratio of net investment income to average net assetse | 5.34% |
Portfolio turnover ratef | 40% |
a | Commencement of operations. |
b | Based on average shares outstanding throughout the period. |
c | The amount reported for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period due to the timing of capital share transactions in relation to the fluctuating market values of the Fund's underlying securities. |
d | Not annualized. |
e | Annualized for periods of less than one year. |
f | Portfolio turnover rate excludes portfolio securities received or delivered as a result of processing capital share transactions in Creation Units. |
Premium/Discount Range | Number of Days | Percentage of Total Days | ||
Greater than 1.0% and Less than 1.5% | 44 | 35.20% | ||
Greater than 0.5% and Less than 1.0% | 77 | 61.60 | ||
Between 0.5% and -0.5% | 4 | 3.20 | ||
125 | 100.00% |
Cumulative Total Returns | ||||
Inception to 10/31/12* | ||||
NAV | MARKET | INDEX | ||
10.21% | 11.76% | 10.68% |
* | Total returns for the period since inception are calculated from the inception date of the Fund (4/3/12). The first day of secondary market trading in shares of the Fund was 4/3/12. |
Call: | 1-800-iShares
or 1-800-474-2737 (toll free) Monday through Friday, 8:30 a.m. to 6:30 p.m. (Eastern time) |
Email: | iSharesETFs@blackrock.com |
Write: | c/o
BlackRock Investments, LLC 525 Washington Boulevard, Suite 1405, Jersey City, NJ 07310 |
Funds | Ticker | Stock Exchange | ||
iShares Emerging Markets Corporate Bond ETF | CEMB | BATS | ||
iShares Emerging Markets High Yield Bond ETF | EMHY | BATS | ||
iShares Emerging Markets Local Currency Bond ETF | LEMB | NYSE Arca | ||
iShares Global ex USD High Yield Corporate Bond ETF | HYXU | BATS | ||
iShares Global High Yield Corporate Bond ETF | GHYG | BATS |
• | iShares Emerging Markets Corporate Bond ETF1 |
• | iShares Emerging Markets High Yield Bond ETF2 |
• | iShares Emerging Markets Local Currency Bond ETF3 |
• | iShares Global ex USD High Yield Corporate Bond ETF4 |
• | iShares Global High Yield Corporate Bond ETF5 |
• | Each Fund generally supports the board’s nominees in the election of directors and generally supports proposals that strengthen the independence of boards of directors; |
• | Each Fund generally does not support proposals on social issues that lack a demonstrable economic benefit to the issuer and the Fund investing in such issuer; and |
• | Each Fund generally votes against anti-takeover proposals and proposals that would create additional barriers or costs to corporate transactions that are likely to deliver a premium to shareholders. |
1. | Concentrate its investments (i.e., invest 25% or more of its total assets in the securities of a particular industry or group of industries), except that the Fund will concentrate to approximately the same extent that the Underlying Index concentrates in the securities of a particular industry or group of industries. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities), repurchase agreements collateralized by U.S. government securities, and securities of state or municipal governments and their political subdivisions are not considered to be issued by members of any industry. |
2. | Borrow money, except that (i) the Fund may borrow from banks for temporary or emergency (not leveraging) purposes, including the meeting of redemption requests which might otherwise require the untimely disposition of securities; and (ii) the Fund may, to the extent consistent with its investment policies, enter into repurchase agreements, reverse repurchase agreements, forward roll transactions and similar investment strategies and techniques. To the extent that it engages in transactions described in (i) and (ii), the Fund will be limited so that no more than 33 1/3% of the value of its total assets (including the amount borrowed) is derived from such transactions. Any borrowings which come to exceed this amount will be reduced in accordance with applicable law. |
3. | Issue any senior security, except as permitted under the 1940 Act, as interpreted, modified or otherwise permitted by any regulatory authority having jurisdiction, from time to time. |
4. | Make loans, except as permitted under the 1940 Act, as interpreted, modified or otherwise permitted by regulatory authority having jurisdiction, from time to time. |
5. | Purchase or sell real estate unless acquired as a result of ownership of securities or other instruments (but this restriction shall not prevent the Fund from investing in securities of companies engaged in the real estate business or securities or other instruments backed by real estate or mortgages), or commodities or commodity contracts (but this restriction shall not prevent the Fund from trading in futures contracts and options on futures contracts, including options on currencies to the extent consistent with the Fund’s investment objective and policies). |
6. | Engage in the business of underwriting securities issued by other persons, except to the extent that the Fund may technically be deemed to be an underwriter under the 1933 Act, in disposing of portfolio securities. |
1. | Concentrate its investments (i.e., invest 25% or more of its total assets in the securities of a particular industry or group of industries), except that the Fund will concentrate to approximately the same extent that the Underlying Index concentrates in the securities of a particular industry or group of industries. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities), repurchase agreements collateralized by U.S. |
government securities, and securities of state or municipal governments and their political subdivisions are not considered to be issued by members of any industry. | |
2. | Borrow money, except that (i) the Fund may borrow from banks for temporary or emergency (not leveraging) purposes, including the meeting of redemption requests which might otherwise require the untimely disposition of securities; and (ii) the Fund may, to the extent consistent with its investment policies, enter into repurchase agreements, reverse repurchase agreements, forward roll transactions and similar investment strategies and techniques. To the extent that it engages in transactions described in (i) and (ii), the Fund will be limited so that no more than 33 1/3% of the value of its total assets (including the amount borrowed) is derived from such transactions. Any borrowings which come to exceed this amount will be reduced in accordance with applicable law. |
3. | Issue “senior securities” as defined in the 1940 Act and the rules, regulations and orders thereunder, except as permitted under the 1940 Act and the rules, regulation and orders thereunder. |
4. | Make loans, except as permitted under the 1940 Act, as interpreted, modified or otherwise permitted by regulatory authority having jurisdiction, from time to time. |
5. | Purchase or sell real estate unless acquired as a result of ownership of securities or other instruments (but this restriction shall not prevent the Fund from investing in securities of companies engaged in the real estate business or securities or other instruments backed by real estate or mortgages), or commodities or commodity contracts (but this restriction shall not prevent the Fund from trading in futures contracts and options on futures contracts, including options on currencies to the extent consistent with the Fund’s investment objective and policies). |
6. | Engage in the business of underwriting securities issued by other persons, except to the extent that the Fund may technically be deemed to be an underwriter under the 1933 Act, in disposing of portfolio securities. |
• | The frequency of trades and quotes for the security; |
• | The number of dealers wishing to purchase or sell the security and the number of other potential purchasers; |
• | Dealer undertakings to make a market in the security; and |
• | The nature of the security and the nature of the marketplace in which it trades (e.g., the time needed to dispose of the security, the method of soliciting offers and the mechanics of transfer). |
Name (Age) | Position | Principal
Occupation(s) During the Past 5 Years |
Other
Directorships Held by Director | |||
Robert
S. Kapito1 (56) |
Director
(since 2009). |
President and Director, BlackRock, Inc. (since 2006 and 2007, respectively); Vice Chairman of BlackRock, Inc. and Head of BlackRock’s Portfolio Management Group (since its formation in 1998) and BlackRock’s predecessor entities (since 1988); Trustee, University of Pennsylvania (since 2009); President of Board of Directors, Hope & Heroes Children’s Cancer Fund (since 2002); President of the Board of Directors, Periwinkle Theatre for Youth (since 1983). | Trustee of iShares Trust (since 2009); Director of iShares MSCI Russia Capped ETF, Inc. (since 2010); Trustee of iShares U.S. ETF Trust (since 2011); Director of BlackRock, Inc. (since 2007). | |||
Michael
Latham2 (47) |
Director
(since 2010); President (since 2007). |
Chairman of iShares, BlackRock (since 2011); Global Chief Executive Officer of iShares, BlackRock (2010-2011); Managing Director, BlackRock (since 2009); Head of Americas iShares, Barclays Global Investors (“BGI”) (2007-2009); Director and Chief Financial Officer of Barclays Global Investors International, Inc. (2005-2009); Chief Operating Officer of the Intermediary Investor and Exchange-Traded Products Business of BGI (2003-2007). | Trustee of iShares Trust (since 2010); Director of iShares MSCI Russia Capped ETF, Inc. (since 2010); Trustee of iShares U.S. ETF Trust (since 2011). |
1 | Robert S. Kapito is deemed to be an “interested person” (as defined in the 1940 Act) of the Company due to his affiliations with BlackRock, Inc. |
2 | Michael Latham is deemed to be an “interested person” (as defined in the 1940 Act) of the Company due to his affiliations with BlackRock, Inc. and its affiliates. |
Name (Age) | Position | Principal
Occupation(s) During the Past 5 Years |
Other
Directorships Held by Director | |||
Robert
H. Silver (57) |
Director
(since 2007); Independent Chairman (since 2012). |
President and Co-Founder of The Bravitas Group, Inc. (since 2006); Director and Vice Chairman of the YMCA of Greater NYC (2001-2011); Broadway Producer (2006-2011); Co-Founder and Vice President of Parentgiving Inc. (since 2008); Director and Member of the Audit and Compensation Committee of EPAM Systems, Inc. (2006-2009); President and Chief Operating Officer of UBS Financial Services Inc. (formerly Paine Webber Inc.) (2003-2005) and various executive positions with UBS and its affiliates (1988-2005); CPA and Audit Manager of KPMG, LLP (formerly Peat Marwick Mitchell) (1977-1983). | Trustee of iShares Trust (since 2007); Director of iShares MSCI Russia Capped ETF, Inc. (since 2010); Trustee of iShares U.S. ETF Trust (since 2011); Independent Chairman of iShares Trust, iShares MSCI Russia Capped ETF, Inc. and iShares U.S. ETF Trust (since 2012). | |||
George
G.C. Parker (73) |
Director
(since 2002). |
Dean Witter Distinguished Professor of Finance, Emeritus, Stanford University Graduate School of Business (Professor since 1973; Emeritus since 2006). | Trustee of iShares Trust (since 2000); Director of iShares MSCI Russia Capped ETF, Inc. (since 2010); Trustee of iShares U.S. ETF Trust (since 2011); Director of Tejon Ranch Company (since 1999); Director of Threshold Pharmaceuticals (since 2004); Director of Colony Financial, Inc. (since 2009); Director of First Republic Bank (since 2010). | |||
John
E. Martinez (51) |
Director
(since 2003); Securities Lending Committee Chair (since 2012). |
Director of FirstREX Agreement Corp. (formerly EquityRock, Inc.) (since 2005). | Trustee of iShares Trust (since 2003); Director of iShares MSCI Russia Capped ETF, Inc. (since 2010); Trustee of iShares U.S. ETF Trust (since 2011). | |||
Cecilia
H. Herbert (63) |
Director
(since 2005); Nominating and Governance Committee Chair and Equity Plus Committee Chair (since 2012). |
Director (since 1998) and President (2007-2011) of the Board of Directors, Catholic Charities CYO; Trustee (2002-2011) and Chair of the Finance and Investment Committee (2006-2010) the Thacher School; Member (since 1994) and Chair (1994-2005) of the Investment Committee, Archdiocese of San Francisco; Trustee and Member of the Investment Committee, WNET, the New York public broadcasting company (since 2011). | Trustee of iShares Trust (since 2005); Director of iShares MSCI Russia Capped ETF, Inc. (since 2010); Trustee of iShares U.S. ETF Trust (since 2011); Director of Forward Funds (34 portfolios) (since 2009). |
Name (Age) | Position | Principal
Occupation(s) During the Past 5 Years |
Other
Directorships Held by Director | |||
Charles
A. Hurty (69) |
Director
(since 2005); Audit Committee Chair (since 2006). |
Retired; Partner, KPMG LLP (1968-2001). | Trustee of iShares Trust (since 2005); Director of iShares MSCI Russia Capped ETF, Inc. (since 2010); Trustee of iShares U.S. ETF Trust (since 2011); Director of GMAM Absolute Return Strategy Fund (1 portfolio) (since 2002); Director of SkyBridge Alternative Investments Multi-Adviser Hedge Fund Portfolios LLC (2 portfolios) (since 2002). | |||
John
E. Kerrigan (57) |
Director
(since 2005); Fixed Income Plus Committee Chair (since 2012). |
Chief Investment Officer, Santa Clara University (since 2002). | Trustee of iShares Trust (since 2005); Director of iShares MSCI Russia Capped ETF, Inc. (since 2010); Trustee of iShares U.S. ETF Trust (since 2011). | |||
Madhav
V. Rajan (48) |
Director
(since 2011); 15(c) Committee Chair (since 2012). |
Robert K. Jaedicke Professor of Accounting and Senior Associate Dean for Academic Affairs and Head of MBA Program, Stanford University Graduate School of Business (since 2001); Professor of Law (by courtesy), Stanford Law School (since 2005); Visiting Professor, University of Chicago (2007-2008). | Trustee
of iShares Trust (since 2011); Director of iShares MSCI Russia Capped ETF, Inc. (since 2011); Trustee of iShares U.S. ETF Trust (since 2011). |
Name (Age) | Position | Principal
Occupation(s) During the Past 5 Years | ||
Jack
Gee (53) |
Treasurer
and Chief Financial Officer (since 2008). |
Managing Director, BlackRock (since 2009); Senior Director of Fund Administration of Intermediary Investor Business, BGI (2009); Director of Fund Administration of Intermediary Investor Business, BGI (2004-2009). | ||
Eilleen M. Clavere (60) | Secretary
(since 2007). |
Director of Global Fund Administration, BlackRock (since 2009); Director of Legal Administration of Intermediary Investor Business, BGI (2006-2009); Legal Counsel and Vice President of Atlas Funds, Atlas Advisers, Inc. and Atlas Securities, Inc. (2005-2006); Counsel of Kirkpatrick & Lockhart LLP (2001-2005). | ||
Edward
B. Baer (44) |
Vice
President and Chief Legal Officer (since 2012). |
Managing Director of Legal & Compliance, BlackRock (since 2006); Director of Legal & Compliance, BlackRock (2004-2006). |
Name (Age) | Position | Principal
Occupation(s) During the Past 5 Years | ||
Scott
Radell (44) |
Executive
Vice President (since 2012). |
Managing Director, BlackRock (since 2009); Head of Portfolio Solutions, BlackRock (since 2009); Head of Portfolio Solutions, BGI (2007-2009); Credit Portfolio Manager, BGI (2005-2007); Credit Research Analyst, BGI (2003-2005). | ||
Amy
Schioldager (50) |
Executive
Vice President (since 2007). |
Senior Managing Director, BlackRock (since 2009); Global Head of Index Equity, BGI (2008-2009); Global Head of U.S. Indexing, BGI (2006-2008); Head of Domestic Equity Portfolio Management, BGI (2001-2006). | ||
Ira
P. Shapiro (49) |
Vice
President (since 2007). |
Managing Director, BlackRock (since 2009); Head of Strategic Product Initiatives for iShares (since 2012); Chief Legal Officer, Exchange-Traded Fund Complex (2007-2012); Associate General Counsel, BGI (2004-2009). |
Name of Director | Fund | Dollar
Range of Equity Securities in the Fund |
Aggregate
Dollar Range of Equity Securities in all Registered Investment Companies Overseen by Director in Family of Investment Companies | |||
Robert S. Kapito | None | None | None | |||
Michael Latham | iShares MSCI ACWI ex U.S. ETF | Over $100,000 | Over $100,000 | |||
iShares MSCI EAFE Small-Cap ETF | Over $100,000 | |||||
iShares MSCI EAFE Value ETF | Over $100,000 | |||||
iShares MSCI Emerging Markets ETF | Over $100,000 | |||||
iShares Russell 1000 Value ETF | Over $100,000 | |||||
iShares Russell 2000 ETF | Over $100,000 | |||||
iShares Russell 2000 Value ETF | Over $100,000 | |||||
iShares Russell 3000 Value ETF | Over $100,000 | |||||
iShares Micro-Cap ETF | Over $100,000 | |||||
iShares California AMT-Free Muni Bond ETF | Over $100,000 | |||||
iShares Short-Term National AMT-Free Muni Bond ETF | Over $100,000 | |||||
Robert H. Silver | iShares 1-3 Year Credit Bond ETF | $10,001-$50,000 | Over $100,000 | |||
iShares 1-3 Year Treasury Bond ETF | $10,001-$50,000 | |||||
iShares Core MSCI EAFE ETF | Over $100,000 | |||||
iShares Core MSCI Emerging Markets ETF | Over $100,000 | |||||
iShares Core MSCI Total International Stock ETF | Over $100,000 | |||||
iShares Core S&P 500 ETF | Over $100,000 | |||||
iShares Core S&P Total U.S. Stock Market ETF | Over $100,000 | |||||
iShares Core Total U.S. Bond Market ETF | $10,001-$50,000 | |||||
iShares Select Dividend ETF | $10,001-$50,000 | |||||
iShares U.S. Broker-Dealers ETF | Over $100,000 | |||||
iShares U.S. Financial Services ETF | $10,001-$50,000 | |||||
iShares U.S. Regional Banks ETF | $50,001-$100,000 | |||||
iShares High Dividend ETF | Over $100,000 | |||||
iShares iBoxx $ Investment Grade Corporate Bond ETF | Over $100,000 | |||||
iShares J.P. Morgan USD Emerging Markets Bond ETF | $1-$10,000 | |||||
iShares MSCI ACWI ex U.S. ETF | Over $100,000 | |||||
iShares MSCI BRIC ETF | $10,001-$50,000 | |||||
iShares MSCI Emerging Markets ETF | $10,001-$50,000 | |||||
iShares Russell 1000 Growth ETF | Over $100,000 | |||||
iShares Russell 1000 Value ETF | Over $100,000 | |||||
iShares Russell 2000 Growth ETF | Over $100,000 |
Name of Director | Fund | Dollar
Range of Equity Securities in the Fund |
Aggregate
Dollar Range of Equity Securities in all Registered Investment Companies Overseen by Director in Family of Investment Companies | |||
iShares Russell 2000 ETF | $10,001-$50,000 | |||||
iShares Russell 2000 Value ETF | Over $100,000 | |||||
iShares Russell 3000 ETF | Over $100,000 | |||||
iShares Russell Mid-Cap Growth ETF | $1-$10,000 | |||||
iShares Russell Mid-Cap Value ETF | $1-$10,000 | |||||
iShares U.S. Preferred Stock ETF | Over $100,000 | |||||
iShares International Treasury Bond ETF | $1-$10,000 | |||||
George G.C. Parker | iShares Core S&P 500 ETF | Over $100,000 | Over $100,000 | |||
iShares Core Total U.S. Bond Market ETF | $10,001-$50,000 | |||||
iShares Select Dividend ETF | Over $100,000 | |||||
iShares iBoxx $ Investment Grade Corporate Bond ETF | Over $100,000 | |||||
iShares MSCI EAFE ETF | Over $100,000 | |||||
iShares S&P 100 ETF | Over $100,000 | |||||
iShares California AMT-Free Muni Bond ETF | Over $100,000 | |||||
John E. Martinez | iShares TIPS Bond ETF | Over $100,000 | Over $100,000 | |||
iShares Core MSCI Emerging Markets ETF | $50,001-$100,000 | |||||
iShares Core S&P 500 ETF | Over $100,000 | |||||
iShares MSCI All Country Asia ex Japan ETF | Over $100,000 | |||||
iShares MSCI EAFE ETF | Over $100,000 | |||||
iShares Russell 1000 ETF | Over $100,000 | |||||
iShares Russell 1000 Value ETF | Over $100,000 | |||||
iShares Russell 2000 ETF | Over $100,000 | |||||
iShares Emerging Markets Infrastructure ETF | Over $100,000 | |||||
iShares Global Consumer Staples ETF | Over $100,000 | |||||
Cecilia H. Herbert | iShares Core MSCI Total International Stock ETF | $10,001-$50,000 | Over $100,000 | |||
iShares International Select Dividend ETF | $1-$10,000 | |||||
iShares China Large-Cap ETF | Over $100,000 | |||||
iShares iBoxx $ High Yield Corporate Bond ETF | $10,001-$50,000 | |||||
iShares MSCI EAFE ETF | $10,001-$50,000 | |||||
iShares MSCI Emerging Markets ETF | $1-$10,000 | |||||
iShares MSCI Japan ETF | $1-$10,000 | |||||
iShares National AMT-Free Muni Bond ETF | $10,001-$50,000 | |||||
iShares U.S. Preferred Stock ETF | $10,001-$50,000 |
Name of Director | Fund | Dollar
Range of Equity Securities in the Fund |
Aggregate
Dollar Range of Equity Securities in all Registered Investment Companies Overseen by Director in Family of Investment Companies | |||
Charles A. Hurty | iShares Core MSCI Emerging Markets ETF | $10,001-$50,000 | Over $100,000 | |||
iShares Core S&P 500 ETF | $10,001-$50,000 | |||||
iShares U.S. Energy ETF | $10,001-$50,000 | |||||
iShares U.S. Financials ETF | $1-$10,000 | |||||
iShares U.S. Technology ETF | $10,001-$50,000 | |||||
iShares China Large-Cap ETF | $10,001-$50,000 | |||||
iShares High Dividend ETF | $10,001-$50,000 | |||||
iShares MSCI EAFE ETF | $10,001-$50,000 | |||||
iShares MSCI Japan ETF | $10,001-$50,000 | |||||
iShares Global Energy ETF | $10,001-$50,000 | |||||
iShares Global Tech ETF | $10,001-$50,000 | |||||
iShares North American Tech-Multimedia Networking ETF | $1-$10,000 | |||||
John E. Kerrigan | iShares MSCI ACWI ex U.S. ETF | $10,001-$50,000
|
$50,001-$100,000 | |||
iShares Short-Term National AMT-Free Muni Bond ETF | $50,001-$100,000
|
|||||
Madhav V. Rajan | iShares Core MSCI Emerging Markets ETF | $50,001-$100,000 | Over $100,000 | |||
iShares Core S&P 500 ETF | $50,001-$100,000 | |||||
iShares Select Dividend ETF | $50,001-$100,000 | |||||
iShares High Dividend ETF | $50,001-$100,000 | |||||
iShares iBoxx $ Investment Grade Corporate Bond ETF | $50,001-$100,000 |
Name of Director | iShares
Emerging Markets Corporate Bond ETF1 |
iShares
Emerging Markets High Yield Bond ETF1 |
iShares
Emerging Markets Local Currency Bond ETF |
iShares
Global ex USD High Yield Corporate Bond ETF1 | ||||
Independent Directors: | ||||||||
George G.C. Parker | $ 11 | $86 | $108 | $ 13 | ||||
John E. Kerrigan | 11 | 84 | 105 | 13 | ||||
Charles A. Hurty | 12 | 96 | 120 | 15 | ||||
Cecilia H. Herbert | 11 | 87 | 108 | 14 | ||||
Robert H. Silver | 12 | 96 | 120 | 15 | ||||
John E. Martinez | 11 | 83 | 104 | 13 | ||||
Madhav V. Rajan | 11 | 83 | 104 | 13 | ||||
Interested Directors: | ||||||||
Robert S. Kapito | $ 0 | $0 | $0 | $ 0 | ||||
Michael Latham | 0 | 0 | 0 | 0 |
Name of Director | iShares
Global High Yield Corporate Bond ETF1 |
||||||
Independent Directors: | |||||||
George G.C. Parker | $ 19 | ||||||
John E. Kerrigan | 18 | ||||||
Charles A. Hurty | 21 | ||||||
Cecilia H. Herbert | 19 | ||||||
Robert H. Silver | 21 | ||||||
John E. Martinez | 18 | ||||||
Madhav V. Rajan | 18 | ||||||
Interested Directors: | |||||||
Robert S. Kapito | $ 0 | ||||||
Michael Latham | 0 |
Name of Director | Pension
or Retirement Benefits Accrued As Part of Company Expenses2 |
Estimated
Annual Benefits Upon Retirement2 |
Total
Compensation From the Funds and Fund Complex3 | |||
Independent Directors: | ||||||
George G.C. Parker | Not Applicable | Not Applicable | $ 260,165 | |||
John E. Kerrigan | Not Applicable | Not Applicable | 265,510 | |||
Charles A. Hurty | Not Applicable | Not Applicable | 290,000 |
Name of Director | Pension
or Retirement Benefits Accrued As Part of Company Expenses2 |
Estimated
Annual Benefits Upon Retirement2 |
Total
Compensation From the Funds and Fund Complex3 | |||
Cecilia H. Herbert | Not Applicable | Not Applicable | 273,010 | |||
Robert H. Silver | Not Applicable | Not Applicable | 289,835 | |||
John E. Martinez | Not Applicable | Not Applicable | 261,760 | |||
Madhav V. Rajan | Not Applicable | Not Applicable | 250,000 | |||
Interested Directors: | ||||||
Robert S. Kapito | Not Applicable | Not Applicable | $ 0 | |||
Michael Latham | Not Applicable | Not Applicable | 0 |
1 | Compensation reported is from the Fund’s inception to October 31, 2012. |
2 | No Director or officer is entitled to any pension or retirement benefits from the Company. |
3 | Includes compensation for service on the Boards of Trustees of iShares Trust and iShares U.S. ETF Trust, and the Board of Directors of iShares MSCI Russia Capped ETF, Inc. |
Fund | Name | Percentage
of Ownership | ||
iShares Emerging Markets Corporate Bond ETF | Morgan
Stanley & Co. Harbourside Financial Center Plaza 3, 1st Floor Jersey City, NJ 07311 |
32.74% | ||
Pershing
LLC One Pershing Plaza Jersey City, NJ 07399 |
19.53% | |||
National
Financial Services LLC 200 Liberty Street 5th Floor New York, NY 10281 |
13.26% | |||
Brown
Brothers Harriman & Co. 525 Washington Blvd. 11th Floor Jersey City, NJ 07310 |
8.71% | |||
Charles
Schwab & Co., Inc. 111 Pavonia Avenue Jersey City, NJ 07310 |
5.82% | |||
iShares Emerging Markets High Yield Bond ETF | National
Financial Services LLC 200 Liberty Street 5th Floor New York, NY 10281 |
33.68% |
Fund | Name | Percentage
of Ownership | ||
American
Enterprise Investment Services Inc. 2178 AXP Financial Center Minneapolis, MN 55474 |
16.17% | |||
Pershing
LLC One Pershing Plaza Jersey City, NJ 07399 |
15.39% | |||
Charles
Schwab & Co., Inc. 111 Pavonia Avenue Jersey City, NJ 07310 |
8.30% | |||
LPL
Financial Corporation 9785 Towne Centre Drive San Diego, CA 92121-1968 |
5.42% | |||
iShares Emerging Markets Local Currency Bond ETF | Mellon
Trust of New England, National Association Three Mellon Bank Center Floor 1533700 Pittsburgh, PA 15259 |
35.90% | ||
Northern
Trust Company (The) 801 South Canal Street Chicago, IL 60612 |
25.64% | |||
Merrill
Lynch, Pierce Fenner & Smith Safekeeping 101 Hudson Street 8th Floor Jersey City, NJ 07302 |
11.64% | |||
iShares Global ex USD High Yield Corporate Bond ETF | National
Financial Services LLC 200 Liberty Street 5th Floor New York, NY 10281 |
20.48% | ||
BlackRock
Institutional Trust Company, N.A. 400 Howard Street San Francisco, CA 94105 |
14.29% | |||
UMB
Bank-National Association 928 Grand Boulevard Kansas City, MO 64106 |
9.43% | |||
J.P.
Morgan Clearing Corp One Metrotech Center North Brooklyn, NY 11201 |
8.71% | |||
Merrill
Lynch, Pierce Fenner & Smith Safekeeping 101 Hudson Street 8th Floor Jersey City, NJ 07302 |
7.74% | |||
JPMorgan
Chase Bank, National Association 14201 Dallas Pkwy 12th Floor Dallas, TX 75240 |
5.70% | |||
Fund | Name | Percentage
of Ownership | ||
iShares Global High Yield Corporate Bond ETF | Morgan
Stanley & Co. Harbourside Financial Center Plaza 3, 1st Floor Jersey City, NJ 07311 |
17.19% | ||
Merrill
Lynch, Pierce Fenner & Smith Safekeeping 101 Hudson Street 8th Floor Jersey City, NJ 07302 |
16.14% | |||
Pershing
LLC One Pershing Plaza Jersey City, NJ 07399 |
12.46% | |||
Merrill
Lynch, Pierce, Fenner & Smith Incorporated 101 Hudson Street 9th Floor Jersey City, NJ 07302-3997 |
9.41% | |||
J.P.
Morgan Clearing Corp One Metrotech Center North Brooklyn, NY 11201 |
8.70% | |||
The
Bank of New York Mellon 401 Salina Street 2nd Floor Syracuse, NY 13202 |
5.36% |
Fund | Management
Fee |
Fund
Inception Date |
Management
Fees Paid for Fiscal Year Ended October 31, 2012 |
Management
Fees Paid for Fiscal Year Ended October 31, 2011 |
Management
Fees Paid for Fiscal Year Ended October 31, 2010 | |||||
iShares Emerging Markets Corporate Bond ETF | 0.60% | 04/17/12 | $ 41,205 | N/A | N/A | |||||
iShares Emerging Markets High Yield Bond ETF | 0.65% | 04/03/12 | 82,350 | N/A | N/A | |||||
iShares Emerging Markets Local Currency Bond ETF | 0.60% | 10/18/11 | 288,363 | $6,483 | N/A | |||||
iShares Global ex USD High Yield Corporate Bond ETF1 | 0.55% | 04/03/12 | 77,202 | N/A | N/A | |||||
iShares Global High Yield Corporate Bond ETF2 | 0.55% | 04/03/12 | 90,198 | N/A | N/A |
1 | For the iShares Global ex USD High Yield Corporate Bond ETF, BFA has contractually agreed to waive a portion of its management fee for its investment advisory services to the Fund in order to limit the Total Annual Fund Operating Expenses to 0.40% of average daily net assets until December 31, 2014. For the fiscal year ended October 31, 2012, BFA waived $21,055 of its management fees. |
2 | For the iShares Global High Yield Corporate Bond ETF, BFA has contractually agreed to waive a portion of its management fee for its investment advisory services to the Fund in order to limit the Total Annual Fund Operating Expenses to 0.40% of average daily net assets until December 31, 2014. For the fiscal year ended October 31, 2012, BFA waived $24,599 of its management fees. |
James Mauro | ||||
Types of Accounts | Number | Total Assets | ||
Registered Investment Companies | 49 | $135,500,000,000 | ||
Other Pooled Investment Vehicles | 14 | $ 23,800,000,000 | ||
Other Accounts | 9 | $ 9,800,000,000 | ||
Accounts with Incentive-Based Fee Arrangements | 1 | $ 530,000,000 |
Scott Radell | ||||
Types of Accounts | Number | Total Assets | ||
Registered Investment Companies | 50 | $138,000,000,000 | ||
Other Pooled Investment Vehicles | 5 | $ 3,400,000,000 | ||
Other Accounts | 7 | $ 9,000,000,000 | ||
Accounts with Incentive-Based Fee Arrangements | 2 | $ 1,500,000,000 |
James Mauro | ||||
Types of Accounts | Number
of Other Accounts with Performance Fees Managed by Portfolio Manager |
Aggregate
of Total Assets | ||
Registered Investment Companies | N/A | N/A | ||
Other Pooled Investment Vehicles | N/A | N/A | ||
Other Accounts | 1 | $530,000,000 |
Scott Radell | ||||
Types of Accounts | Number
of Other Accounts with Performance Fees Managed by Portfolio Manager |
Aggregate
of Total Assets | ||
Registered Investment Companies | N/A | N/A | ||
Other Pooled Investment Vehicles | 1 | $900,000,000 | ||
Other Accounts | 1 | $600,000,000 |
Fund | Fund
Inception Date |
Custody,
Administration, Transfer Agency Expenses Paid During Fiscal Year Ended October 31, 2012 |
Custody,
Administration, Transfer Agency Expenses Paid During Fiscal Year Ended October 31, 2011 |
Custody,
Administration, Transfer Agency Expenses Paid During Fiscal Year Ended October 31, 2010 | ||||
iShares Emerging Markets Corporate Bond ETF | 04/17/12 | $ 4,263 | N/A | N/A | ||||
iShares Emerging Markets High Yield Bond ETF | 04/03/12 | 8,657 | N/A | N/A | ||||
iShares Emerging Markets Local Currency Bond ETF | 10/18/11 | 39,993 | $5,219 | N/A | ||||
iShares Global ex USD High Yield Corporate Bond ETF | 04/03/12 | 7,320 | N/A | N/A | ||||
iShares Global High Yield Corporate Bond ETF | 04/03/12 | 5,614 | N/A | N/A |
Fund | Fund
Inception Date |
Distributor
Compensation Paid From April 1, 2012 to October 31, 20121 |
Distributor
Compensation Paid From November 1, 2011 to March 31, 20122 |
Distributor
Compensation Paid During Fiscal Year Ended October 31, 20112 |
Distributor
Compensation Paid During Fiscal Year Ended October 31, 20102 | |||||
iShares Emerging Markets Corporate Bond ETF | 04/17/12 | $4,403 | N/A | N/A | N/A | |||||
iShares Emerging Markets High Yield Bond ETF | 04/03/12 | 4,403 | N/A | N/A | N/A | |||||
iShares Emerging Markets Local Currency Bond ETF | 10/18/11 | 4,403 | $3,355 | $ 913 | N/A | |||||
iShares Global ex USD High Yield Corporate Bond ETF | 04/03/12 | 4,403 | N/A | N/A | N/A | |||||
iShares Global High Yield Corporate Bond ETF | 04/03/12 | 4,403 | N/A | N/A | N/A |
Fund | Issuer | Market
Value of Investment | ||
iShares Global ex USD High Yield Corporate Bond ETF | Royal Bank of Scotland Group PLC | $179,306 |
Fund | Fiscal Year ended October 31, 2012 | Fiscal Year ended October 31, 2011 | ||
iShares Emerging Markets Corporate Bond ETF | 29% | N/A | ||
iShares Emerging Markets High Yield Bond ETF | 40% | N/A | ||
iShares Emerging Markets Local Currency Bond ETF | 61% | 0% | ||
iShares Global ex USD High Yield Corporate Bond ETF | 18% | N/A | ||
iShares Global High Yield Corporate Bond ETF | 10% | N/A |
Fund | Shares
Per Creation Unit |
Value
Per Creation Unit (U.S.$) | ||
iShares Emerging Markets Corporate Bond ETF | 100,000 | $ 5,299,000 | ||
iShares Emerging Markets High Yield Bond ETF | 100,000 | 5,438,000 | ||
iShares Emerging Markets Local Currency Bond ETF | 200,000 | 10,444,000 | ||
iShares Global ex USD High Yield Corporate Bond ETF | 100,000 | 5,258,000 | ||
iShares Global High Yield Corporate Bond ETF | 100,000 | 5,182,000 |
Fund | Standard
Creation Transaction Fee |
Maximum
Additional Charge* | ||
iShares Emerging Markets Corporate Bond ETF | $ 100 | 3.0% | ||
iShares Emerging Markets High Yield Bond ETF | $ 100 | 3.0% | ||
iShares Emerging Markets Local Currency Bond ETF | $ 2,000 | 7.0% | ||
iShares Global ex USD High Yield Corporate Bond ETF | $ 1,900 | 3.0% | ||
iShares Global High Yield Corporate Bond ETF | $ 1,250 | 3.0% |
* | As a percentage of the net asset value per Creation Unit. |
Fund | Standard
Redemption Transaction Fee |
Maximum
Additional Charge* | ||
iShares Emerging Markets Corporate Bond ETF | $ 100 | 2.0% | ||
iShares Emerging Markets High Yield Bond ETF | $ 100 | 2.0% | ||
iShares Emerging Markets Local Currency Bond ETF | $ 2,000 | 2.0% | ||
iShares Global ex USD High Yield Corporate Bond ETF | $ 1,900 | 2.0% | ||
iShares Global High Yield Corporate Bond ETF | $ 1,250 | 2.0% |
* | As a percentage of the net asset value per Creation Unit, inclusive of the standard transaction fee. |
2013 | ||||||
Country | Trade
Date |
Settlement
Date |
Number
of Days to Settle | |||
08/05/13 | 08/13/13 | 8 | ||||
08/06/13 | 08/14/13 | 8 | ||||
The Philippines | 12/23/13 | 01/02/14 | 10 | |||
South Africa | 03/14/13 | 03/22/13 | 8 | |||
03/15/13 | 03/25/13 | 10 | ||||
03/18/13 | 03/26/13 | 8 | ||||
03/19/13 | 03/27/13 | 8 | ||||
03/20/13 | 03/28/13 | 8 | ||||
03/22/13 | 04/02/13 | 11 | ||||
03/25/13 | 04/03/13 | 8 | ||||
03/26/13 | 04/04/13 | 8 | ||||
03/27/13 | 04/05/13 | 8 | ||||
03/28/13 | 04/08/13 | 11 | ||||
04/24/13 | 05/02/13 | 8 | ||||
04/25/13 | 05/03/13 | 8 | ||||
04/26/13 | 05/06/13 | 10 | ||||
04/29/13 | 05/07/13 | 8 | ||||
04/30/13 | 05/08/13 | 8 | ||||
06/10/13 | 06/18/13 | 8 | ||||
06/11/13 | 06/19/13 | 8 | ||||
06/12/13 | 06/20/13 | 8 | ||||
06/13/13 | 06/21/13 | 8 | ||||
06/14/13 | 06/24/13 | 10 | ||||
08/02/13 | 08/12/13 | 10 | ||||
08/05/13 | 08/13/13 | 8 | ||||
08/06/13 | 08/14/13 | 8 | ||||
08/07/13 | 08/15/13 | 8 | ||||
08/08/13 | 08/16/13 | 8 | ||||
09/17/13 | 09/25/13 | 8 | ||||
09/18/13 | 09/26/13 | 8 | ||||
09/19/13 | 09/27/13 | 8 | ||||
09/20/13 | 09/30/13 | 10 | ||||
09/23/13 | 10/01/13 | 8 | ||||
12/11/13 | 12/19/13 | 8 | ||||
12/12/13 | 12/20/13 | 8 | ||||
12/13/13 | 12/23/13 | 10 | ||||
12/18/13 | 12/27/13 | 9 | ||||
12/19/13 | 12/30/13 | 11 | ||||
12/20/13 | 12/31/13 | 11 | ||||
12/23/13 | 01/02/14 | 10 | ||||
12/24/13 | 01/03/14 | 10 | ||||
Turkey | 10/10/13 | 10/21/13 | 11 | |||
10/11/13 | 10/22/13 | 11 |
2014 | ||||||
Country | Trade
Date |
Settlement
Date |
Number
of Days to Settle | |||
China | 01/27/14 | 02/10/14 | 14 |
2014 | ||||||
Country | Trade
Date |
Settlement
Date |
Number
of Days to Settle | |||
01/28/14 | 02/11/14 | 14 | ||||
01/29/14 | 02/12/14 | 14 | ||||
04/28/14 | 05/08/14 | 10 | ||||
04/29/14 | 05/09/14 | 10 | ||||
04/30/14 | 05/12/14 | 12 | ||||
09/26/14 | 10/08/14 | 12 | ||||
09/29/14 | 10/09/14 | 10 | ||||
09/30/14 | 10/10/14 | 10 | ||||
The Czech Republic | 12/23/13 | 01/02/14 | 10 | |||
12/19/14 | 12/29/14 | 10 | ||||
12/22/14 | 12/30/14 | 8 | ||||
12/23/14 | 01/02/15 | 10 | ||||
Egypt | 12/31/13 | 01/08/14 | 8 | |||
01/06/14 | 01/14/14 | 8 | ||||
04/14/14 | 04/22/14 | 8 | ||||
04/15/14 | 04/23/14 | 8 | ||||
04/16/14 | 04/24/14 | 8 | ||||
04/17/14 | 04/27/14 | 10 | ||||
07/21/14 | 07/31/14 | 10 | ||||
07/22/14 | 08/03/14 | 12 | ||||
07/24/14 | 08/04/14 | 11 | ||||
09/29/14 | 10/07/14 | 8 | ||||
09/30/14 | 10/08/14 | 8 | ||||
10/01/14 | 10/09/14 | 8 | ||||
10/02/14 | 10/12/14 | 10 | ||||
Hungary | 12/19/14 | 12/29/14 | 10 | |||
12/22/14 | 12/30/14 | 8 | ||||
12/23/14 | 12/31/14 | 8 | ||||
Indonesia | 12/23/13 | 01/02/14 | 10 | |||
07/23/14 | 08/04/14 | 12 | ||||
07/24/14 | 08/05/14 | 12 | ||||
07/25/14 | 08/06/14 | 12 | ||||
12/19/14 | 12/29/14 | 10 | ||||
12/22/14 | 12/30/14 | 8 | ||||
12/23/14 | 01/02/15 | 11 | ||||
Malaysia | 01/27/14 | 02/04/14 | 8 | |||
01/28/14 | 02/05/14 | 8 | ||||
01/29/14 | 02/06/14 | 8 | ||||
07/23/14 | 07/31/14 | 8 | ||||
07/24/14 | 08/01/14 | 8 | ||||
07/25/14 | 08/04/14 | 10 | ||||
Pakistan | 07/23/14 | 08/01/14 | 9 | |||
07/24/14 | 08/04/14 | 11 | ||||
The Philippines | 12/23/13 | 01/02/14 | 10 | |||
12/26/13 | 01/03/14 | 8 | ||||
12/27/13 | 01/06/14 | 10 | ||||
12/23/14 | 01/02/15 | 10 | ||||
12/26/14 | 01/05/15 | 10 | ||||
12/29/14 | 01/06/15 | 8 | ||||
Qatar | 07/23/14 | 08/03/14 | 11 |
2014 | ||||||
Country | Trade
Date |
Settlement
Date |
Number
of Days to Settle | |||
07/24/14 | 08/04/14 | 11 | ||||
07/27/14 | 08/05/14 | 11 | ||||
09/30/14 | 10/08/14 | 8 | ||||
10/01/14 | 10/09/14 | 8 | ||||
10/02/14 | 10/12/14 | 10 | ||||
Russia | 12/27/14 | 01/09/14 | 13 | |||
12/30/14 | 01/10/14 | 11 | ||||
12/31/14 | 01/13/14 | 13 | ||||
Saudi Arabia | 07/22/14 | 08/02/14 | 11 | |||
07/03/14 | 08/03/14 | 11 | ||||
09/30/14 | 01/08/14 | 8 | ||||
10/01/14 | 10/11/14 | 10 | ||||
South Africa | 12/23/13 | 01/02/14 | 10 | |||
12/24/13 | 01/03/14 | 10 | ||||
12/27/13 | 01/06/14 | 10 | ||||
12/30/13 | 01/07/14 | 8 | ||||
12/31/13 | 01/08/14 | 8 | ||||
03/14/14 | 03/24/14 | 10 | ||||
03/17/14 | 03/25/14 | 8 | ||||
03/18/14 | 03/26/14 | 8 | ||||
03/19/14 | 03/27/14 | 8 | ||||
03/20/14 | 03/28/14 | 8 | ||||
04/11/14 | 04/22/14 | 9 | ||||
04/14/14 | 04/23/14 | 9 | ||||
04/15/14 | 04/24/14 | 9 | ||||
04/16/14 | 04/25/14 | 9 | ||||
04/17/14 | 04/29/14 | 12 | ||||
04/22/14 | 04/30/14 | 8 | ||||
04/23/14 | 05/02/14 | 9 | ||||
04/24/14 | 05/05/14 | 11 | ||||
04/25/14 | 05/06/14 | 11 | ||||
04/29/14 | 05/07/14 | 8 | ||||
04/30/14 | 05/08/14 | 8 | ||||
06/09/14 | 06/17/14 | 8 | ||||
06/10/14 | 06/18/14 | 8 | ||||
06/11/14 | 06/19/14 | 8 | ||||
06/12/14 | 06/20/14 | 8 | ||||
06/13/14 | 06/23/14 | 10 | ||||
09/17/14 | 09/25/14 | 8 | ||||
09/18/14 | 09/26/14 | 8 | ||||
09/19/14 | 09/29/14 | 10 | ||||
09/22/14 | 09/30/14 | 8 | ||||
09/23/14 | 10/01/14 | 8 | ||||
12/09/14 | 12/17/14 | 8 | ||||
12/10/14 | 12/18/14 | 8 | ||||
12/11/14 | 12/19/14 | 8 | ||||
12/12/14 | 12/22/14 | 10 | ||||
12/15/14 | 12/23/14 | 8 | ||||
12/18/14 | 12/29/14 | 11 | ||||
12/19/14 | 12/30/14 | 11 |
2014 | ||||||
Country | Trade
Date |
Settlement
Date |
Number
of Days to Settle | |||
12/22/14 | 12/31/14 | 9 | ||||
12/23/14 | 01/02/15 | 10 | ||||
12/14/14 | 01/05/15 | 12 | ||||
12/29/14 | 01/06/15 | 8 | ||||
12/30/14 | 01/07/15 | 8 | ||||
12/31/14 | 01/08/15 | 8 | ||||
Sri Lanka | 04/09/14 | 04/19/14 | 10 | |||
04/12/14 | 04/20/14 | 8 | ||||
04/13/14 | 04/21/14 | 8 | ||||
The United Arab Emirates | 07/22/14 | 07/30/14 | 8 | |||
07/23/14 | 07/31/14 | 8 | ||||
07/24/14 | 08/01/14 | 8 | ||||
11/26/14 | 12/04/14 | 8 | ||||
11/27/14 | 12/08/14 | 11 | ||||
Vietnam | 04/29/14 | 05/07/14 | 8 |
* | These worst-case redemption cycles are based on information regarding regular holidays, which may be out of date. Based on changes in holidays, longer (worse) redemption cycles are possible. |
Fund | Non-Expiring | Total | ||
iShares Emerging Markets High Yield Bond ETF | $ 11,104 | $ 11,104 | ||
iShares Emerging Markets Local Currency Bond ETF | 123,087 | 123,087 | ||
iShares Global ex USD High Yield Corporate Bond ETF | 75,095 | 75,095 | ||
iShares Global High Yield Corporate Bond ETF | 36,747 | 36,747 |
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