As filed with the U.S. Securities and Exchange Commission on October 1, 2014
File Nos. 33-97598 and 811-09102
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 |
x | |
Post-Effective Amendment No. 400 | x | |
and/or | ||
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 |
x | |
Amendment No. 402 | x |
(Check appropriate box or boxes)
iShares, Inc.
(Exact Name of Registrant as Specified in Charter)
c/o State Street Bank and Trust Company
1 Iron Street
Boston, MA 02210
(Address of Principal Executive Office)(Zip Code)
Registrants Telephone Number, including Area Code: (415) 670-2000
The Corporation Trust Incorporated
351 West Camden Street
Baltimore, MD 21201
(Name and Address of Agent for Service)
With Copies to:
MARGERY K. NEALE, ESQ. | BENJAMIN J. HASKIN, ESQ. | EDWARD BAER, ESQ. | ||
WILLKIE FARR & GALLAGHER LLP |
WILLKIE FARR & GALLAGHER LLP |
BLACKROCK FUND ADVISORS | ||
787 SEVENTH AVENUE | 1875 K STREET, N.W. | 400 HOWARD STREET | ||
NEW YORK, NY 10019-6099 | WASHINGTON, D.C. 20006-1238 | SAN FRANCISCO, CA 94105 |
This Post-Effective Amendment consists of the following:
1. | Facing Sheet of the Registration Statement. |
2. | Explanatory Note. |
3. | Part C to the Registration Statement (including signature page) and certain exhibits to the Registration Statement. |
This Post-Effective Amendment is being filed solely for the purpose of filing exhibits to the Registration Statement on Form N-1A. Parts A and B of Post-Effective Amendment No. 390 to the Registration Statement on Form N-1A filed on August 22, 2014 pursuant to Rule 485(b) under the Securities Act of 1933, as amended, are incorporated by reference herein.
iShares, Inc.
File Nos. 33-97598 and 811-09102
Part C
Other Information
Item 28. Exhibits | PEA # 400 |
Exhibit Number |
Description | |
(a.1) | Articles of Restatement, dated September 13, 2006, are incorporated herein by reference to Post-Effective Amendment No. 31, filed December 26, 2006 (PEA No. 31). | |
(a.2) | Articles of Amendment, dated December 18, 2006, are incorporated herein by reference to PEA No. 31. | |
(a.3) | Articles Supplementary, dated December 18, 2006, are incorporated herein by reference to PEA No. 31. | |
(a.4) | Articles Supplementary, dated June 30, 2007, are incorporated herein by reference to Post-Effective Amendment No. 35, filed July 19, 2007. | |
(a.5) | Articles of Amendment, dated March 5, 2008, are incorporated herein by reference to Post-Effective Amendment No. 55, filed March 26, 2008 (PEA No. 55). | |
(a.6) | Articles Supplementary, dated March 5, 2008, are incorporated herein by reference to PEA No. 55. | |
(a.7) | Articles Supplementary, dated June 19, 2008, are incorporated herein by reference to Post-Effective Amendment No. 79, filed December 23, 2008. | |
(a.8) | Articles Supplementary, dated February 24, 2009, are incorporated herein by reference to Post-Effective Amendment No. 100, filed September 28, 2009. | |
(a.9) | Articles Supplementary, dated December 10, 2009, are incorporated herein by reference to Post-Effective Amendment No. 105, filed December 23, 2009 (PEA No. 105). | |
(a.10) | Articles Supplementary, dated March 18, 2011, are incorporated herein by reference to Post-Effective Amendment No. 132, filed June 30, 2011 (PEA No. 132). | |
(a.11) | Articles Supplementary, dated September 7, 2011, are incorporated herein by reference to Post-Effective Amendment No. 140, filed September 9, 2011 (PEA No. 140). | |
(a.12) | Articles Supplementary, dated September 15, 2011, are incorporated herein by reference to Post-Effective Amendment No. 151, filed October 6, 2011. | |
(a.13) | Articles Supplementary, dated October 31, 2011, are incorporated herein by reference to Post-Effective Amendment No. 160, filed November 1, 2011. | |
(a.14) | Articles Supplementary, dated December 15, 2011, are incorporated herein by reference to Post-Effective Amendment No. 205, filed January 30, 2012 (PEA No. 205). | |
(a.15) | Articles of Amendment, dated January 27, 2012, are incorporated herein by reference to PEA No. 205. | |
(a.16) | Articles of Amendment, dated February 8, 2012, are incorporated herein by reference to Post-Effective Amendment No. 207, filed February 10, 2012. | |
(a.17) | Articles of Amendment, dated March 15, 2012, are incorporated herein by reference to Post-Effective Amendment No. 224, filed March 23, 2012 (PEA No. 224). | |
(a.18) | Articles Supplementary, dated March 15, 2012, are incorporated herein by reference to PEA No. 224. | |
(a.19) | Articles Supplementary, dated June 21, 2012, are incorporated herein by reference to Post-Effective Amendment No. 241, filed July 16, 2012. | |
(a.20) | Articles Supplementary, dated August 20, 2012, are incorporated herein by reference to Post-Effective Amendment No. 246, filed August 20, 2012. |
(a.21) | Articles of Amendment, dated October 11, 2012, are incorporated herein by reference to Post-Effective Amendment No. 255, filed October 15, 2012 (PEA No. 255). | |
(a.22) | Articles of Amendment, dated November 9, 2012, are incorporated herein by reference to Post-Effective Amendment No. 261, filed November 9, 2012. | |
(a.23) | Articles Supplementary, dated January 18, 2013, are incorporated herein by reference to Post-Effective Amendment No. 274, filed January 18, 2013. | |
(a.24) | Articles of Amendment, dated March 14, 2013, are incorporated herein by reference to Post-Effective Amendment No. 289, filed March 28, 2013 (PEA No. 289). | |
(a.25) | Articles Supplementary, dated March 28, 2013, are incorporated herein by reference to PEA No. 289. | |
(a.26) | Articles of Amendment, dated April 30, 2013, are incorporated herein by reference to Post-Effective Amendment No. 296, filed May 1, 2013. | |
(a.27) | Articles of Amendment, dated June 28, 2013, are incorporated herein by reference to Post-Effective Amendment No. 313, filed July 5, 2013 (PEA No. 313). | |
(a.28) | Articles Supplementary, dated January 31, 2014, are incorporated herein by reference to Post-Effective Amendment No. 354, filed January 31, 2014. | |
(a.29) | Articles Supplementary, dated March 19, 2014, are incorporated herein by reference to Post-Effective Amendment No. 378, filed June 19, 2014 (PEA No. 378). | |
(a.30) | Articles Supplementary, dated July 23, 2014, are incorporated herein by reference to Post-Effective Amendment No. 384, filed July 23, 2014 (PEA No. 384). | |
(a.31) | Articles Supplementary, dated August 15, 2014, are incorporated herein by reference to Post-Effective Amendment No. 389, filed August 18, 2014. | |
(a.32) | Articles Supplementary, dated September 29, 2014, are filed herein. | |
(b.1) | Amended and Restated By-Laws, dated April 20, 2010, are incorporated herein by reference to Post-Effective Amendment No. 113, filed May 3, 2010 (PEA No. 113). | |
(c) | None. | |
(d.1) | Investment Advisory Agreement, dated December 1, 2009, between Registrant and BlackRock Fund Advisors (BFA) is incorporated herein by reference to PEA No. 105. | |
(d.2) | Schedule A to the Investment Advisory Agreement between Registrant and BFA is filed herein. | |
(d.3) | Schedule A to the Investment Advisory Agreement between iShares Trust and BFA is filed herein. | |
(d.4) | Schedule A to the Investment Advisory Agreement between iShares MSCI Russia Capped ETF, Inc.1 and BFA is incorporated herein by reference to Post-Effective Amendment No. 283, filed February 22, 2013. | |
(d.5) | Master Advisory Fee Waiver Agreement, dated December 1, 2009, between Registrant and BFA is incorporated herein by reference to Post-Effective Amendment No. 120, filed December 20, 2010. | |
(d.6) | Schedule A to the Master Advisory Fee Waiver Agreement is filed herein. | |
(d.7) | Form of Participation Agreement is incorporated herein by reference to PEA No. 255. | |
(d.8) | Sub-Advisory Agreement, dated December 1, 2010, between BFA and BlackRock International Limited is incorporated herein by reference to Post-Effective Amendment No. 156, filed October 18, 2011. | |
(d.9) | Appendix A to the Sub-Advisory Agreement is incorporated herein by reference to Post-Effective Amendment No. 358, filed February 28, 2014 (PEA No. 358). | |
(e.1) | Distribution Agreement between Registrant and BlackRock Investments, LLC (BRIL), dated February 3, 2012, is incorporated herein by reference to PEA No. 313. |
(e.2) | Exhibit A to the Distribution Agreement is filed herein. | |
(e.3) | Form of Authorized Participant Agreement is incorporated herein by reference to Post-Effective Amendment No. 27, filed December 30, 2003. | |
(e.4) | Form of Sales and Investor Services Agreement incorporated herein by reference to Post-Effective Amendment No. 18, filed December 29, 2000 (PEA No. 18). | |
(f) | None. | |
(g) | Service Module for Custodial Services, dated April 21, 2011, is incorporated herein by reference to PEA No. 140. | |
(h.1) | Master Services Agreement, dated April 21, 2011, between the Registrant and State Street Bank and Trust Company (State Street) is incorporated herein by reference to PEA No. 132. | |
(h.2) | Exhibit A to the Master Services Agreement is filed herein. | |
(h.3) | Service Module for Fund Administration and Accounting Services, dated April 21, 2011, is incorporated herein by reference to PEA No. 140. | |
(h.4) | Service Module for Transfer Agency Services, dated April 21, 2011, is incorporated herein by reference to PEA No. 140. | |
(h.5) | Sub-License Agreement between Registrant and BlackRock Institutional Trust Company, N.A. (BTC)2 with respect to the use of the MSCI Indexes, dated May 8, 2000, is incorporated herein by reference to PEA No. 18. | |
(h.6) | Amendment to the Sub-License Agreement, dated March 18, 2000, between Registrant and BTC2 with respect to the use of the MSCI Indexes is incorporated herein by reference to PEA No. 113. | |
(h.7) | Amended and Restated Securities Lending Agency Agreement, dated January 1, 2014, among the Registrant, iShares Trust, iShares MSCI Russia Capped ETF, Inc., iShares U.S. ETF Company, Inc., iShares U.S. ETF Trust and BTC is incorporated herein by reference to PEA No. 358. | |
(h.8) | Schedule A to the Amended and Restated Securities Lending Agency Agreement is filed herein. | |
(h.9) | Form of Master Securities Loan Agreement (including forms of Annexes, Schedule and Appendix thereto) is incorporated herein by reference to Post-Effective Amendment No. 107, filed January 29, 2010. | |
(h.10) | Sublicense Agreement between Registrant and BFA with respect to use of The Bank New York Mellon Indexes to be filed by amendment. | |
(i) | Not applicable. | |
(j) | Not applicable. | |
(k) | None. | |
(l.1) | Subscription Agreement between the Registrant and Funds Distributor, Inc. is incorporated herein by reference to Pre-Effective Amendment No. 3 to the Registration Statement, filed March 6, 1996. | |
(l.2) | Letter of Representations among the Registrant, The Depository Trust Company (DTC) and Morgan Stanley Trust Company Exhibit is incorporated herein by reference to Pre-Effective Amendment No. 2 to the Registration Statement, filed March 1, 1996, to the Companys initial registration statement on Form N-1A filed on September 29, 1995. | |
(l.3) | Letter of Representations between the Registrant and DTC, dated May 5, 2000, is incorporated herein by reference to PEA No. 18. | |
(l.4) | Letter of Representations between the Registrant and DTC, dated October 15, 2001, is incorporated herein by reference to Post-Effective Amendment No. 21, filed October 22, 2001. | |
(m) | Not applicable. | |
(n) | None. | |
(o) | Not applicable. |
(p.1) | Code of Ethics for Fund Access Persons is incorporated herein by reference to PEA No. 384. | |
(p.2) | BlackRock, Inc. Personal Trading Policy is incorporated herein by reference to PEA No. 378. | |
(p.3) | Code of Ethics for BRIL is incorporated herein by reference to Post-Effective Amendment No. 335, filed October 24, 2013. | |
(q) | Powers of Attorney, each dated December 31, 2013, for Manish Mehta, Mark Wiedman, Charles A. Hurty, Cecilia H. Herbert, John E. Kerrigan, Robert H. Silver, George G.C. Parker, John E. Martinez, Madhav V. Rajan, Jack Gee and Robert S. Kapito are incorporated herein by reference to Post-Effective Amendment No. 349, filed January 10, 2014 (PEA No. 349). |
1 | Prior to July 1, 2013, iShares MSCI Russia Capped ETF, Inc. was known as iShares MSCI Russia Capped Index Fund, Inc. |
2 | Prior to December 1, 2009, BTC was known as Barclays Global Investors, N.A. |
Item 29. Persons Controlled By or Under Common Control with Registrant.
None.
Item 30. Indemnification.
It is the Funds policy to indemnify officers, directors, employees and other agents to the maximum extent permitted by Section 2-418 of the Maryland General Corporation Law, Article EIGHTH of the Funds Articles of Restatement, and Article VI of the Funds By-Laws (each set forth below).
Section 2-418 of the Maryland General Corporation Law reads as follows:
(a) (1) In this section the following words have the meanings indicated.
(2) Corporation includes any domestic or foreign predecessor entity of a corporation in a merger, consolidation, or other transaction in which the predecessors existence ceased upon consummation of the transaction.
(3) Director means any person who is or was a director of a corporation and any person who, while a director of a corporation, is or was serving at the request of the corporation as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, joint venture, trust, limited liability company, other enterprise, or employee benefit plan.
(4) Expenses include attorneys fees.
(5) Official capacity means the following:
(i) When used with respect to a director, the office of director in the corporation; and
(ii) When used with respect to a person other than a director as contemplated in subsection (j) of this section, the elective or appointive office in the corporation held by the officer, or the employment or agency relationship undertaken by the employee or agent in behalf of the corporation.
(iii) Official capacity does not include service for any other foreign or domestic corporation or any partnership, joint venture, trust, other enterprise, or employee benefit plan.
(6) Party includes a person who was, is, or is threatened to be made a named defendant or respondent in a proceeding.
(7) Proceeding means any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative, or investigative.
(b) | (1) A corporation may indemnify any director made a party to any proceeding by reason of service in that capacity unless it is established that: |
(i) The act or omission of the director was material to the matter giving rise to the proceeding; and
1. Was committed in bad faith; or
2. Was the result of active and deliberate dishonesty; or
(ii) The director actually received an improper personal benefit in money, property, or services; or
(iii) In the case of any criminal proceeding, the director had reasonable cause to believe that the act or omission was unlawful.
(2) (i) Indemnification may be against judgments, penalties, fines, settlements, and reasonable expenses actually incurred by the director in connection with the proceeding.
(ii) However, if the proceeding was one by or in the right of the corporation, indemnification may not be made in respect of any proceeding in which the director shall have been adjudged to be liable to the corporation.
(3) (i) The termination of any proceeding by judgment, order, or settlement does not create a presumption that the director did not meet the requisite standard of conduct set forth in this subsection.
(ii) The termination of any proceeding by conviction, or a plea of nolo contendere or its equivalent, or an entry of an order of probation prior to judgment, creates a rebuttable presumption that the director did not meet that standard of conduct.
(4) A corporation may not indemnify a director or advance expenses under this section for a proceeding brought by that director against the corporation, except:
(i) For a proceeding brought to enforce indemnification under this section; or
(ii) If the charter or bylaws of the corporation, a resolution of the board of directors of the corporation, or an agreement approved by the board of directors of the corporation to which the corporation is a party expressly provide otherwise.
(c) A director may not be indemnified under subsection (b) of this section in respect of any proceeding charging improper personal benefit to the director, whether or not involving action in the directors official capacity, in which the director was adjudged to be liable on the basis that personal benefit was improperly received.
(d) Unless limited by the charter:
(1) A director who has been successful, on the merits or otherwise, in the defense of any proceeding referred to in subsection (b) of this section, or in the defense of any claim, issue, or matter in the proceeding, shall be indemnified against reasonable expenses incurred by the director in connection with the proceeding, claim, issue, or matter in which the director has been successful.
(2) A court of appropriate jurisdiction, upon application of a director and such notice as the court shall require, may order indemnification in the following circumstances:
(i) If it determines a director is entitled to reimbursement under paragraph (1) of this subsection, the court shall order indemnification, in which case the director shall be entitled to recover the expenses of securing such reimbursement; or
(ii) If it determines that the director is fairly and reasonably entitled to indemnification in view of all the relevant circumstances, whether or not the director has met the standards of conduct set forth in subsection (b) of this section or has been adjudged liable under the circumstances described in subsection (c) of this section, the court may order such indemnification as the court shall deem proper. However, indemnification with respect to any proceeding by or in the right of the corporation or in which liability shall have been adjudged in the circumstances described in subsection (c) of this section shall be limited to expenses.
(3) A court of appropriate jurisdiction may be the same court in which the proceeding involving the directors liability took place.
(e) (1) Indemnification under subsection (b) of this section may not be made by the corporation unless authorized for a specific proceeding after a determination has been made that indemnification of the director is permissible in the circumstances because the director has met the standard of conduct set forth in subsection (b) of this section.
(2) Such determination shall be made:
(i) By the board of directors by a majority vote of a quorum consisting of directors not, at the time, parties to the proceeding, or, if such a quorum cannot be obtained, then by a majority vote of a committee of the board consisting solely of one or more directors not, at the time, parties to such proceeding and who were duly designated to act in the matter by a majority vote of the full board in which the designated directors who are parties may participate;
(ii) By special legal counsel selected by the board of directors or a committee of the board by vote as set forth in subparagraph (i) of this paragraph, or, if the requisite quorum of the full board cannot be obtained herefore and the committee cannot be established, by a majority vote of the full board in which directors who are parties may participate; or
(iii) By the stockholders.
(3) Authorization of indemnification and determination as to reasonableness of expenses shall be made in the same manner as the determination that indemnification is permissible.
However, if the determination that indemnification is permissible is made by special legal counsel, authorization of indemnification and determination as to reasonableness of expenses shall be made in the manner specified in paragraph (2)(ii) of this subsection for selection of such counsel.
(4) Shares held by directors who are parties to the proceeding may not be voted on the subject matter under this subsection.
(f) (1) Reasonable expenses incurred by a director who is a party to a proceeding may be paid or reimbursed by the corporation in advance of the final disposition of the proceeding upon receipt by the corporation of:
(i) A written affirmation by the director of the directors good faith belief that the standard of conduct necessary for indemnification by the corporation as authorized in this section has been met; and
(ii) A written undertaking by or on behalf of the director to repay the amount if it shall ultimately be determined that the standard of conduct has not been met.
(2) The undertaking required by paragraph (1)(ii) of this subsection shall be an unlimited general obligation of the director but need not be secured and may be accepted without reference to financial ability to make the repayment.
(3) Payments under this subsection shall be made as provided by the charter, bylaws, or contract or as specified in subsection (e)(2) of this section.
(g) The indemnification and advancement of expenses provided or authorized by this section may not be deemed exclusive of any other rights, by indemnification or otherwise, to which a director may be entitled under the charter, the bylaws, a resolution of stockholders or directors, an agreement or otherwise, both as to action in an official capacity and as to action in another capacity while holding such office.
(h) This section does not limit the corporations power to pay or reimburse expenses incurred by a director in connection with an appearance as a witness in a proceeding at a time when the director has not been made a named defendant or respondent in the proceeding.
(i) For purposes of this section:
(1) The corporation shall be deemed to have requested a director to serve an employee benefit plan where the performance of the directors duties to the corporation also imposes duties on, or otherwise involves services by, the director to the plan or participants or beneficiaries of the plan;
(2) Excise taxes assessed on a director with respect to an employee benefit plan pursuant to applicable law shall be deemed fines; and
(3) Action taken or omitted by the director with respect to an employee benefit plan in the performance of the directors duties for a purpose reasonably believed by the director to be in the interest of the participants and beneficiaries of the plan shall be deemed to be for a purpose which is not opposed to the best interests of the corporation.
(j) Unless limited by the charter:
(1) An officer of the corporation shall be indemnified as and to the extent provided in subsection (d) of this section for a director and shall be entitled, to the same extent as a director, to seek indemnification pursuant to the provisions of subsection (d) of this section;
(2) A corporation may indemnify and advance expenses to an officer, employee, or agent of the corporation to the same extent that it may indemnify directors under this section; and
(3) A corporation, in addition, may indemnify and advance expenses to an officer, employee, or agent who is not a director to such further extent, consistent with law, as may be provided by its charter, bylaws, general or specific action of its board of directors, or contract.
(k) (1) A corporation may purchase and maintain insurance on behalf of any person who is or was a director, officer, employee, or agent of the corporation, or who, while a director, officer, employee, or agent of the corporation, is or was serving at the request of the corporation as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, joint venture, trust, other enterprise, or employee benefit plan against any liability asserted against and incurred by such person in any such capacity or arising out of such persons position, whether or not the corporation would have the power to indemnify against liability under the provisions of this section.
(2) A corporation may provide similar protection, including a trust fund, letter of credit, or surety bond, not inconsistent with this section.
(3) The insurance or similar protection may be provided by a subsidiary or an affiliate of the corporation.
(l) Any indemnification of, or advance of expenses to, a director in accordance with this section, if arising out of a proceeding by or in the right of the corporation, shall be reported in writing to the stockholders with the notice of the next stockholders meeting or prior to the meeting.
Article EIGHTH of the Funds Articles of Restatement provides as follows:
The Corporation shall indemnify to the fullest extent permitted by law (including the Investment Company Act of 1940, as amended (the 1940 Act)) any person made or threatened to be made a party to any action, suit or proceeding, whether criminal, civil, administrative or investigative, by reason of the fact that such person or such persons testator or intestate is or was a director, officer or employee of the Corporation or serves or served at the request of the Corporation any other enterprise as director, officer or employee. To the fullest extent permitted by law (including the 1940 Act), expenses incurred by any such person in defending any such action, suit or proceeding shall be paid or reimbursed by the Corporation promptly upon receipt by it of an undertaking of such person to repay such expenses if it shall ultimately be determined that such person is not entitled to be indemnified by the Corporation. The rights provided to any person by this Article EIGHTH shall be enforceable against the Corporation by such person who shall be presumed to have relied upon it in serving or continuing to serve as a director, officer or employee as provided above. No amendment of this Article EIGHTH shall impair the rights of any person arising at any time with respect to events occurring prior to such amendment. For purposes of this Article EIGHTH, the term Corporation shall include any predecessor of the Corporation and any constituent corporation (including any constituent of a constituent) absorbed by the Corporation in a consolidation or merger; the term other enterprise shall include any corporation, partnership, joint venture, trust or employee benefit plan; service at the request of the Corporation shall include service as a director, officer or employee of the corporation which imposes duties on, or involves services by, such director, officer or employee with respect to an employee benefit plan, its participants or beneficiaries; any excise taxes assessed on a person with respect to an employee benefit plan shall be deemed to be indemnifiable expenses; and action by a person with respect to any employee benefit plan which such person reasonably believes to be in the interest of the participants and beneficiaries of such plan shall be deemed to be action not opposed to the best interests of the Corporation.
Nothing in Article SEVENTH or in this Article EIGHTH protects or purports to protect any director or officer against any liability to the Corporation or its security holders to which he or she would otherwise be subject by reason of willful malfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of his or her office.
Article VI of the Funds Amended and Restated By-Laws provides as follows:
Section 1. Insurance. Subject to the provisions of the 1940 Act, the Corporation, directly, through third parties or through affiliates of the Corporation, may purchase, or provide through a trust fund, letter of credit or surety bond insurance on behalf of any person who is or was a Director, officer, employee or agent of the Corporation, or who, while a Director, officer, employee or agent of the Corporation, is or was serving at the request of the Corporation as a Director, officer, employee, partner, trustee or agent of another foreign or domestic corporation, partnership, joint venture, trust or other enterprise against any liability asserted against and incurred by such person in any such capacity or arising out of such persons position, whether or not the Corporation would have the power to indemnify such person against such liability.
Section 2. Indemnification and Advance of Expenses. To the maximum extent permitted by Maryland law, in effect from time to time, the Corporation shall indemnify and, without requiring a preliminary determination of the ultimate entitlement to indemnification, shall pay or reimburse reasonable expenses in advance of final disposition of a proceeding to (a) any individual who is a present or former director or officer of the Corporation and who is made, or threatened to be made, a party to the proceeding by reason of his or her service in any such capacity or (b) any individual who, while a director or officer of the Corporation and at the request of the Corporation, serves or has served as a director or officer of any other enterprise and who is made, or threatened to be made, a party to the proceeding by reason of his or her service in any such capacity. The Corporation may, with the approval of its Board of Directors or any duly authorized committee thereof, provide such indemnification and advance for expenses to a person who served a predecessor of the Corporation in any of the capacities described in (a) or (b) above and to any employee or agent of the Corporation or a predecessor of the Corporation. Any indemnification or advance of expenses made pursuant to this Article shall be subject to applicable requirements of the 1940 Act. The indemnification and payment of expenses provided in these Bylaws shall not be deemed exclusive of or limit in any way other rights to which any person seeking indemnification or payment of expenses may be or may become entitled under any bylaw, regulation, insurance, agreement or otherwise.
Neither the amendment nor repeal of this Article, nor the adoption or amendment of any other provision of the Bylaws or charter of the Corporation inconsistent with this Article, shall apply to or affect in any respect the applicability of the preceding paragraph with respect to any act or failure to act which occurred prior to such amendment, repeal or adoption.
Securities Act of 1933
Insofar as indemnification for liabilities arising under the Securities Act of 1933, as amended (the 1933 Act) may be permitted to directors, officers and controlling persons of the Fund pursuant to the foregoing provisions, or otherwise, the Fund has been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the 1933 Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Fund of expenses incurred or paid by a director, officer or controlling person of the Fund in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Fund will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the 1933 Act and will be governed by the final adjudication of such issue.
Section 17.1 of the Master Services Agreement between Registrant and State Street provides as follows:
The Master Services Agreement provides that State Street will indemnify, defend and hold harmless the applicable Fund, its Affiliates, and its respective officers, directors, employees, agents and permitted successors and assigns from any and all damages, fines, penalties, deficiencies, losses, liabilities (including judgments and amounts reasonably paid in settlement) and expenses (including interest, court costs, reasonable fees and expenses of attorneys, accountants and other experts or other reasonable fees and expenses of litigation or other proceedings or of any claim, default or assessment) (Losses) arising from or in connection with any third party claim or threatened third party claim to the extent that such Losses are based on or arising out of any of the following: (a) breach by State Street or any State Street Personnel of any of its data protection, information security or confidentiality obligations hereunder or under a Service Module to which such Fund is a signatory; (b) any claim of infringement or misappropriation of any Intellectual Property Right alleged to have occurred because of systems or other Intellectual Property provided by or on behalf of State Street or based upon the performance of the Services (collectively, the State Street Infringement Items), except to the extent that such infringement or misappropriation relates to or results from; (i) changes made by any Fund or by a third party at the direction of a Fund to the State Street Infringement Items; (ii) changes to the State Street Infringement Items recommended by State Street and not made due to a request from any Fund, provided that State Street has notified such Fund that failure to implement such recommendation would result in infringement within a reasonable amount of time for such Fund to so implement following such notification; (iii) any Funds combination of the State Street Infringement Items with products or services not provided or approved in writing by State Street, except to the extent such combination arises out of any Funds use of the State Street Infringement Items in a manner consistent with the applicable business requirements documentation; (iv) designs or specifications that in themselves infringe and that are provided by or at the direction of any Fund (except in the event of a knowing infringement by State Street); or (v) use by a Fund of any of the State Street Infringement Items in a manner that is not consistent with the applicable business requirements documentation or otherwise not permitted under the Master Services Agreement or any Service Module; (c) any claim or action by, on behalf of, or related to, any prospective, then-current or former employees of State Street, arising from or in connection with a Service Module to which a Fund is a signatory, including: (i) any claim arising under occupational health and safety, workers compensation, ERISA or other applicable Law; (ii) any claim arising from the interview or hiring practices, actions or omissions of employees of State Street; (iii) any claim relating to any violation by employees of State Street, or its respective officers, directors, employees, representatives or agents, of any Law or any common law protecting persons or members of protected classes or categories, such laws or regulations prohibiting discrimination or harassment on the basis of a protected characteristic; and (iv) any claim based on a theory that such Fund is an employer or joint employer of any such prospective, then-current or former employees of State Street; (d) the failure by State Street to obtain, maintain, or comply with any governmental approvals as required under the Master Services Agreement and/or a Service Module to which such Fund is a signatory or such other failures as otherwise agreed by the Parties from time to time; (e) claims by third parties arising from claims by governmental authorities against such Customer for fines, penalties, sanctions, late fees or other remedies to the extent arising from or in connection with State Streets failure to perform its responsibilities under the Master Services Agreement or any Service Module (except to the extent a Fund is not permitted as a matter of public policy to have such an indemnity for financial penalties arising from criminal actions); (f) claims by clients of State Street relating to services, products or systems provided by State Street or a
Subcontractor to such client(s) in a shared or leveraged environment; (g) any claim initiated by an Affiliate or potential or actual Subcontractor of State Street asserting rights in connection with a Service Module to which such Fund is a signatory; or (h) other claims as otherwise agreed by the Parties from time to time.
Section 8.02 of the Distribution Agreement between Registrant and BRIL provides as follows:
The Distribution Agreement provides that BRIL agrees to indemnify and hold harmless the Company, each of its directors, officers, employees and each person, if any, who controls the Company within the meaning of Section 15 of the 1933 Act (collectively, the Company Indemnified Parties) from and against any and all losses to which the Company Indemnified Parties become subject, arising out of or based upon (i) any untrue statement or alleged untrue statement of a material fact contained in the Prospectus or the omission or alleged omission therefrom of a material fact required to be stated therein or necessary to make the statements therein not misleading, in reliance upon and in conformity with written information furnished to the Company by BRIL about BRIL expressly for use therein; (ii) any breach of any representation, warranty or covenant made by BRIL in the Distribution Agreement; and (iii) the actions or omissions of any person acting under the supervision of BRIL in providing services under the Distribution Agreement; provided, however, that BRIL shall not be liable in any such case to the extent that any loss arises out of or is based upon (A) the Companys own willful misfeasance, willful misconduct or gross negligence or the Companys reckless disregard of its obligations under the Distribution Agreement or (B) the Companys material breach of the Distribution Agreement.
In certain circumstances, an Authorized Participant may be deemed an affiliate of the Fund. Section 10 of the Authorized Participant Agreement provides indemnification of Authorized Participants as follows:
(b) The Distributor hereby agrees to indemnify and hold harmless the Participant, its respective subsidiaries, affiliated persons, directors, officers, employees and agents, and each person, if any, who controls such persons within the meaning of Section 15 of the 1933 Act (each an Indemnified Party) from and against any loss, liability, cost and expense (including attorneys fees) incurred by such Indemnified Party as a result of (i) any breach by the Distributor of any provision of this Agreement that relates to the Distributor; (ii) any failure on the part of the Distributor to perform any of its obligations set forth in this Agreement; (iii) any failure by the Distributor to comply with applicable laws, including rules and regulations of self-regulatory organizations; or (iv) actions of such Indemnified Party in reliance upon any representations made in accordance with the iShares Procedures Handbook reasonably believed by the Participant to be genuine and to have been given by the Distributor.
(c) The Participant shall not be liable to the Distributor for any damages arising out of (i) mistakes or errors in data provided in connection with purchase or redemption transactions except for data provided by the Participant, or (ii) mistakes or errors by or out of interruptions or delays of communications with the Distributor or any Indemnified Party who is a service provider to the Fund. The Participant shall not be liable for any action, representation, or solicitation made by the wholesalers of the Fund.
Item 31. Business and Other Connections of Investment Adviser.
The Company is advised by BFA, an indirect wholly owned subsidiary of BlackRock, Inc., 400 Howard Street, San Francisco, CA 94105. BFAs business is that of a registered investment adviser to certain open-end, management investment companies and various other institutional investors.
The directors and officers of BFA consist primarily of persons who during the past two years have been active in the investment management business. To the knowledge of the Registrant, except as set forth below, none of the directors or executive officers of BFA is or has been at any time during the past two fiscal years engaged in any other business, profession, vocation or employment of a substantial nature. Information as to the executive officers and directors of BFA is included in its Form ADV initially filed with the SEC (File No. 801-22609) on November 15, 1984 and updated thereafter and is incorporated herein by reference.
BlackRock International Limited (BIL) acts as sub-adviser for a number of affiliated registered investment companies advised by BlackRock Advisors, LLC. The address of each of these registered investment companies is 100 Bellevue Parkway, Wilmington, Delaware 19809. The address of BIL is 40 Torphichen Street, Edinburgh, EH3 8JB, United Kingdom. The list required by this Item 31 about officers and directors of BIL, together with information as to any other business, profession, vocation or employment of a substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedule A and D of Form ADV, filed by BIL pursuant to the Investment Advisers Act of 1940 (SEC File No. 801-51087).
Item 32. Principal Underwriters:
(a) | Furnish the name of each investment company (other than the Registrant) for which each principal underwriter currently distributing the securities of the Registrant also acts as a principal underwriter, distributor or investment adviser. |
BRIL, the distributor of certain funds, acts as the principal underwriter or placement agent, as applicable, for each of the following open-end registered investment companies including certain funds of the Registrant:
BBIF Government Securities Fund | BlackRock Multi-State Municipal Series Trust | |
BBIF Money Fund | BlackRock Municipal Bond Fund, Inc. | |
BBIF Tax-Exempt Fund | BlackRock Municipal Series Trust | |
BBIF Treasury Fund | BlackRock Natural Resources Trust | |
BIF Government Securities Fund | BlackRock Pacific Fund, Inc. | |
BIF Money Fund | BlackRock Series Fund, Inc. | |
BIF Multi-State Municipal Series Trust | BlackRock Series, Inc. | |
BIF Tax-Exempt Fund | BlackRock Value Opportunities Fund, Inc. | |
BIF Treasury Fund | BlackRock Variable Series Funds, Inc. | |
BlackRock Allocation Target Shares | BlackRock World Income Fund, Inc. | |
BlackRock Balanced Capital Fund, Inc. | FDP Series, Inc. | |
BlackRock Basic Value Fund, Inc. | Funds For Institution Series | |
BlackRock Bond Fund, Inc. | iShares MSCI Russia Capped ETF, Inc. | |
BlackRock California Municipal Series Trust | iShares Trust | |
BlackRock Capital Appreciation Fund, Inc. | iShares U.S. ETF Trust | |
BlackRock CoRI Funds | Managed Account Series | |
BlackRock Emerging Markets Fund, Inc. | Master Basic Value LLC | |
BlackRock Equity Dividend Fund | Master Bond LLC | |
BlackRock EuroFund | Master Focus Growth LLC | |
BlackRock Financial Institutions Series Trust | Master Government Securities LLC | |
BlackRock Focus Growth Fund, Inc. | Master Institutional Money Market LLC | |
BlackRock Funds | Master Investment Portfolio | |
BlackRock Funds II | Master Large Cap Series LLC | |
BlackRock Funds III | Master Money LLC | |
BlackRock Global Allocation Fund, Inc. | Master Tax-Exempt LLC | |
BlackRock Global SmallCap Fund, Inc. | Master Treasury LLC | |
BlackRock Index Funds, Inc. | Master Value Opportunities LLC | |
BlackRock Large Cap Series Funds, Inc. | Quantitative Master Series LLC | |
BlackRock Latin America Fund, Inc. | Ready Assets Prime Money Fund | |
BlackRock Liquidity Funds | Ready Assets U.S. Treasury Money Fund | |
BlackRock Long-Horizon Equity Fund | Ready Assets U.S.A. Government Money Fund | |
BlackRock Master LLC | Retirement Series Trust | |
BlackRock Mid Cap Value Opportunities Series, Inc. |
BRIL also acts as the Distributor for each of the following closed-end registered investment companies:
BlackRock Fixed Income Value Opportunities |
BlackRock Floating Rate Income Strategies Fund, Inc. |
BlackRock Limited Duration Income Trust |
BlackRock Preferred Partners LLC |
BRIL provides numerous financial services to BlackRock-advised funds and is the distributor of BlackRocks open-end funds. These services include coordinating and executing Authorized Participation Agreements, preparing, reviewing and providing advice with respect to all sales literature and responding to Financial Industry Regulatory Authority comments on marketing materials.
(b) | Set forth below is information concerning each director and officer of BRIL. The principal business address for each such person is 55 East 52nd Street, New York, NY 10055. |
Name |
Position(s) and Office(s) |
Position(s) and Office(s) | ||
Robert Fairbairn | Chairman and Member, Board of Managers, Chief Executive Officer and Senior Managing Director | None | ||
Anne Ackerley | Managing Director | None | ||
Matthew Mallow | General Counsel and Senior Managing Director | None | ||
Russell McGranahan | Secretary and Managing Director | None | ||
Ned Montenecourt | Chief Compliance Officer and Director | None | ||
Saurabh Pathak | Chief Financial Officer and Director | None | ||
Francis Porcelli | Managing Director and Member, Board of Managers | None | ||
Brenda Sklar | Managing Director | None | ||
Lisa Hill | Managing Director | None | ||
Joseph Craven | Managing Director | None | ||
Terri Slane | Director and Assistant Secretary | None | ||
Melissa Walker | Vice President and Assistant Secretary | None | ||
Chris Nugent | Director | None | ||
Richard Prager | Member, Board of Managers | None | ||
Christopher Vogel | Member, Board of Managers | None |
(c) | Not applicable. |
Item 33. Location of Accounts and Records
(a) The Company maintains accounts, books and other documents required by Section 31(a) of the 1940 Act and the rules thereunder (collectively, the Records) at the offices of State Street, 1 Iron Street, Boston, MA 02210.
(b) BFA maintains all Records relating to its services as investment adviser at 400 Howard Street, San Francisco, CA 94105.
(c) BRIL maintains all Records relating to its services as distributor of certain Funds at 1 University Square Drive, Princeton, NJ 08540.
(d) State Street maintains all Records relating to its services as transfer agent at 200 Clarendon Street, Boston, MA 02116. State Street maintains all Records relating to its services as fund accountant and custodian at 1 Iron Street, Boston, MA 02210.
Item 34. Management Services.
Not applicable.
Item 35. Undertakings.
Not applicable.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it has duly caused this Post-Effective Amendment No. 400 to the Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of San Francisco and the State of California on the 1st day of October, 2014.
iSHARES, INC. | ||||
By: |
| |||
Manish Mehta* | ||||
President | ||||
Date: October 1, 2014 |
Pursuant to the requirements of the Securities Act of 1933, as amended, this Post-Effective Amendment No. 400 to the Registration Statement has been signed below by the following persons in the capacities and on the date indicated.
By: |
| |||
Mark Wiedman* | ||||
Director | ||||
Date: October 1, 2014 | ||||
| ||||
John E. Martinez* | ||||
Director | ||||
Date: October 1, 2014 | ||||
| ||||
George G.C. Parker* | ||||
Director | ||||
Date: October 1, 2014 | ||||
| ||||
Cecilia H. Herbert* | ||||
Director | ||||
Date: October 1, 2014 | ||||
| ||||
Charles A. Hurty* | ||||
Director | ||||
Date: October 1, 2014 |
| ||||
John E. Kerrigan* | ||||
Director | ||||
Date: October 1, 2014 | ||||
| ||||
Robert H. Silver* | ||||
Director | ||||
Date: October 1, 2014 | ||||
| ||||
Madhav V. Rajan* | ||||
Director | ||||
Date: October 1, 2014 | ||||
| ||||
Robert S. Kapito* | ||||
Director | ||||
Date: October 1, 2014 | ||||
/s/ Jack Gee | ||||
Jack Gee | ||||
Treasurer | ||||
Date: October 1, 2014 | ||||
*By | /s/ Jack Gee | |||
Jack Gee | ||||
Attorney-in-fact | ||||
Date: October 1, 2014 |
* | Powers of Attorney, each dated December 31, 2013, for Manish Mehta, Mark Wiedman, Charles A. Hurty, Cecilia H. Herbert, John E. Kerrigan, Robert H. Silver, George G.C. Parker, John E. Martinez, Madhav V. Rajan and Robert S. Kapito are incorporated herein by reference to PEA No. 349. |
Exhibit Index
(a.32) | Articles Supplementary, dated September 29, 2014. | |
(d.2) | Schedule A to the Investment Advisory Agreement between Registrant and BFA. | |
(d.3) | Schedule A to the Investment Advisory Agreement between iShares Trust and BFA. | |
(d.6) | Schedule A to the Master Advisory Fee Waiver Agreement. | |
(e.2) | Exhibit A to the Distribution Agreement. | |
(h.2) | Exhibit A to the Master Services Agreement. | |
(h.8) | Schedule A to the Amended and Restated Securities Lending Agency Agreement. |
Exhibit (a.32)
ISHARES, INC.
ARTICLES SUPPLEMENTARY
iShares, Inc., a Maryland corporation registered as an open-end management investment company under the Investment Company Act of 1940 (the Corporation), hereby certifies to the State Department of Assessments and Taxation of Maryland (the SDAT) that:
FIRST: Under a power contained in Article FIFTH of the Charter (the Charter) of the Corporation, and pursuant to Section 2-208 of the Maryland General Corporation Law, the Board of Directors of the Corporation (the Board of Directors), by resolutions duly adopted, at a meeting duly called and held, reclassified all of the authorized but unissued shares of common stock, par value $.001 per share (the Common Stock), classified as shares of iShares MSCI United Kingdom ETF as shares of Common Stock without further classification or designation, with the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends and other distributions, qualifications and terms and conditions of redemption of undesignated Common Stock as set forth in the Charter.
SECOND: Immediately before these Articles Supplementary were accepted for record by the SDAT, the total number of authorized shares of Common Stock was 33,850,000,000, with an aggregate par value of $33,850,000, of which 799,175,000 were shares without further classification or designation and 33,050,825,000 were classified and designated as follows:
Series |
Number of Shares |
|||
iShares Asia/Pacific Dividend ETF |
500,000,000 | |||
iShares Core MSCI Emerging Markets ETF |
250,000,000 | |||
iShares Currency Hedged MSCI Emerging Markets ETF |
250,000,000 | |||
iShares Emerging Markets Corporate Bond ETF |
500,000,000 | |||
iShares Emerging Markets Dividend ETF |
500,000,000 | |||
iShares Emerging Markets High Yield Bond ETF |
500,000,000 | |||
iShares Emerging Markets Local Currency Bond ETF |
500,000,000 | |||
iShares Global ex USD High Yield Corporate Bond ETF |
500,000,000 | |||
iShares Global High Yield Corporate Bond ETF |
500,000,000 | |||
iShares International DR Completion Index ETF |
25,000,000 | |||
iShares Latin America Bond ETF |
500,000,000 | |||
iShares MSCI ACWI with EM Exposure ETF |
250,000,000 | |||
iShares MSCI All Country World Minimum Volatility ETF |
500,000,000 | |||
iShares MSCI Australia ETF |
627,800,000 | |||
iShares MSCI Austria Capped ETF |
100,000,000 | |||
iShares MSCI Belgium Capped ETF |
136,200,000 | |||
iShares MSCI Brazil Capped ETF |
500,000,000 | |||
iShares MSCI BRIC ETF |
500,000,000 | |||
iShares MSCI Canada ETF |
340,200,000 | |||
iShares MSCI Chile Capped ETF |
200,000,000 |
iShares MSCI Colombia Capped ETF |
25,000,000 | |||
iShares MSCI EFM Africa ex South Africa Index Fund |
500,000,000 | |||
iShares MSCI Emerging Markets Asia ETF |
500,000,000 | |||
iShares MSCI Emerging Markets Consumer Discretionary ETF |
500,000,000 | |||
iShares MSCI Emerging Markets Eastern Europe ETF |
200,000,000 | |||
iShares MSCI Emerging Markets EMEA ETF |
500,000,000 | |||
iShares MSCI Emerging Markets Energy Capped ETF |
500,000,000 | |||
iShares MSCI Emerging Markets ETF |
2,000,000,000 | |||
iShares MSCI Emerging Markets Growth ETF |
500,000,000 | |||
iShares MSCI Emerging Markets Horizon ETF |
25,000,000 | |||
iShares MSCI Emerging Markets Minimum Volatility ETF |
500,000,000 | |||
iShares MSCI Emerging Markets Small-Cap ETF |
500,000,000 | |||
iShares MSCI Emerging Markets Value ETF |
500,000,000 | |||
iShares MSCI EMU ETF |
1,000,000,000 | |||
iShares MSCI Europe Index Fund |
500,000,000 | |||
iShares MSCI France ETF |
340,200,000 | |||
iShares MSCI Frontier 100 ETF |
500,000,000 | |||
iShares MSCI Frontier Emerging Markets APEX Index Fund |
500,000,000 | |||
iShares MSCI GCC Countries ex Saudi Arabia Index Fund |
500,000,000 | |||
iShares MSCI Germany ETF |
382,200,000 | |||
iShares MSCI Global Agriculture Producers ETF |
500,000,000 | |||
iShares MSCI Global Energy Producers ETF |
500,000,000 | |||
iShares MSCI Global Gold Miners ETF |
500,000,000 | |||
iShares MSCI Global Metals & Mining Producers ETF |
500,000,000 | |||
iShares MSCI Global Silver Miners ETF |
500,000,000 | |||
iShares MSCI Greece Index Fund |
200,000,000 | |||
iShares MSCI Hong Kong ETF |
375,000,000 | |||
iShares MSCI Israel Capped ETF |
500,000,000 | |||
iShares MSCI Italy Capped ETF |
295,400,000 | |||
iShares MSCI Japan ETF |
2,124,600,000 | |||
iShares MSCI Japan Small-Cap ETF |
500,000,000 | |||
iShares MSCI Malaysia ETF |
300,000,000 | |||
iShares MSCI Mexico Capped ETF |
255,000,000 | |||
iShares MSCI Netherlands ETF |
255,000,000 | |||
iShares MSCI Pacific ex Japan ETF |
1,000,000,000 | |||
iShares MSCI Portugal Index Fund |
200,000,000 | |||
iShares MSCI Russia Capped ETF |
1,000,000,000 | |||
iShares MSCI Singapore ETF |
300,000,000 | |||
iShares MSCI South Africa ETF |
400,000,000 | |||
iShares MSCI South Korea Capped ETF |
200,000,000 | |||
iShares MSCI Spain Capped ETF |
127,800,000 | |||
iShares MSCI Sweden ETF |
63,600,000 | |||
iShares MSCI Switzerland Capped ETF |
318,625,000 | |||
iShares MSCI Taiwan ETF |
900,000,000 | |||
iShares MSCI Thailand Capped ETF |
200,000,000 |
2
iShares MSCI Turkey ETF |
200,000,000 | |||
iShares MSCI United Kingdom ETF |
934,200,000 | |||
iShares MSCI USA ETF |
500,000,000 | |||
iShares MSCI USA High Dividend ETF |
250,000,000 | |||
iShares MSCI Vietnam ETF |
500,000,000 | |||
iShares MSCI World ETF |
500,000,000 |
THIRD: Immediately after these Articles Supplementary are accepted for record by the SDAT, the total number of authorized shares of Common Stock is 33,850,000,000, with an aggregate par value of $33,850,000, of which 1,733,375,000 are shares without further classification or designation and 32,116,625,000 are classified and designated as follows:
Series |
Number of Shares |
|||
iShares Asia/Pacific Dividend ETF |
500,000,000 | |||
iShares Core MSCI Emerging Markets ETF |
250,000,000 | |||
iShares Currency Hedged MSCI Emerging Markets ETF |
250,000,000 | |||
iShares Emerging Markets Corporate Bond ETF |
500,000,000 | |||
iShares Emerging Markets Dividend ETF |
500,000,000 | |||
iShares Emerging Markets High Yield Bond ETF |
500,000,000 | |||
iShares Emerging Markets Local Currency Bond ETF |
500,000,000 | |||
iShares Global ex USD High Yield Corporate Bond ETF |
500,000,000 | |||
iShares Global High Yield Corporate Bond ETF |
500,000,000 | |||
iShares International DR Completion Index ETF |
25,000,000 | |||
iShares Latin America Bond ETF |
500,000,000 | |||
iShares MSCI ACWI with EM Exposure ETF |
250,000,000 | |||
iShares MSCI All Country World Minimum Volatility ETF |
500,000,000 | |||
iShares MSCI Australia ETF |
627,800,000 | |||
iShares MSCI Austria Capped ETF |
100,000,000 | |||
iShares MSCI Belgium Capped ETF |
136,200,000 | |||
iShares MSCI Brazil Capped ETF |
500,000,000 | |||
iShares MSCI BRIC ETF |
500,000,000 | |||
iShares MSCI Canada ETF |
340,200,000 | |||
iShares MSCI Chile Capped ETF |
200,000,000 | |||
iShares MSCI Colombia Capped ETF |
25,000,000 | |||
iShares MSCI EFM Africa ex South Africa Index Fund |
500,000,000 | |||
iShares MSCI Emerging Markets Asia ETF |
500,000,000 | |||
iShares MSCI Emerging Markets Consumer Discretionary ETF |
500,000,000 | |||
iShares MSCI Emerging Markets Eastern Europe ETF |
200,000,000 | |||
iShares MSCI Emerging Markets EMEA ETF |
500,000,000 | |||
iShares MSCI Emerging Markets Energy Capped ETF |
500,000,000 | |||
iShares MSCI Emerging Markets ETF |
2,000,000,000 | |||
iShares MSCI Emerging Markets Growth ETF |
500,000,000 | |||
iShares MSCI Emerging Markets Horizon ETF |
25,000,000 |
3
iShares MSCI Emerging Markets Minimum Volatility ETF |
500,000,000 | |||
iShares MSCI Emerging Markets Small-Cap ETF |
500,000,000 | |||
iShares MSCI Emerging Markets Value ETF |
500,000,000 | |||
iShares MSCI EMU ETF |
1,000,000,000 | |||
iShares MSCI Europe Index Fund |
500,000,000 | |||
iShares MSCI France ETF |
340,200,000 | |||
iShares MSCI Frontier 100 ETF |
500,000,000 | |||
iShares MSCI Frontier Emerging Markets APEX Index Fund |
500,000,000 | |||
iShares MSCI GCC Countries ex Saudi Arabia Index Fund |
500,000,000 | |||
iShares MSCI Germany ETF |
382,200,000 | |||
iShares MSCI Global Agriculture Producers ETF |
500,000,000 | |||
iShares MSCI Global Energy Producers ETF |
500,000,000 | |||
iShares MSCI Global Gold Miners ETF |
500,000,000 | |||
iShares MSCI Global Metals & Mining Producers ETF |
500,000,000 | |||
iShares MSCI Global Silver Miners ETF |
500,000,000 | |||
iShares MSCI Greece Index Fund |
200,000,000 | |||
iShares MSCI Hong Kong ETF |
375,000,000 | |||
iShares MSCI Israel Capped ETF |
500,000,000 | |||
iShares MSCI Italy Capped ETF |
295,400,000 | |||
iShares MSCI Japan ETF |
2,124,600,000 | |||
iShares MSCI Japan Small-Cap ETF |
500,000,000 | |||
iShares MSCI Malaysia ETF |
300,000,000 | |||
iShares MSCI Mexico Capped ETF |
255,000,000 | |||
iShares MSCI Netherlands ETF |
255,000,000 | |||
iShares MSCI Pacific ex Japan ETF |
1,000,000,000 | |||
iShares MSCI Portugal Index Fund |
200,000,000 | |||
iShares MSCI Russia Capped ETF |
1,000,000,000 | |||
iShares MSCI Singapore ETF |
300,000,000 | |||
iShares MSCI South Africa ETF |
400,000,000 | |||
iShares MSCI South Korea Capped ETF |
200,000,000 | |||
iShares MSCI Spain Capped ETF |
127,800,000 | |||
iShares MSCI Sweden ETF |
63,600,000 | |||
iShares MSCI Switzerland Capped ETF |
318,625,000 | |||
iShares MSCI Taiwan ETF |
900,000,000 | |||
iShares MSCI Thailand Capped ETF |
200,000,000 | |||
iShares MSCI Turkey ETF |
200,000,000 | |||
iShares MSCI USA ETF |
500,000,000 | |||
iShares MSCI USA High Dividend ETF |
250,000,000 | |||
iShares MSCI Vietnam ETF |
500,000,000 | |||
iShares MSCI World ETF |
500,000,000 |
FOURTH: The shares of Common Stock described above have been reclassified by the Board of Directors under the authority contained in the Charter. These Articles Supplementary have been approved by the Board of Directors in the manner and by the vote required by law.
4
FIFTH: The undersigned Vice President acknowledges these Articles Supplementary to be the corporate act of the Corporation and, as to all matters or facts required to be verified under oath, the undersigned Vice President acknowledges that, to the best of his knowledge, information and belief, these matters and facts are true in all material respects and that this statement is made under the penalties for perjury.
[SIGNATURE PAGE FOLLOWS]
5
IN WITNESS WHEREOF, the Corporation has caused these Articles Supplementary to be signed in its name and on its behalf by its Vice President and attested to by its Secretary on this 29th day of September, 2014.
ATTEST: | ISHARES, INC. |
|||||||
/s/ Eilleen M. Clavere |
By: | /s/ Edward Baer |
(SEAL) | |||||
Eilleen M. Clavere | Edward Baer | |||||||
Secretary | Vice President |
6
Exhibit (d.2)
Schedule A
to the
Investment Advisory Agreement dated December 1, 2009
between
iShares, Inc.
and
BlackRock Fund Advisors
Advisory Fee for the Category I Funds:
0.59% per annum of the aggregate net assets of the Category I Funds less than or equal to $7.0 billion
plus 0.54% per annum of the aggregate net assets of the Category I Funds over $7.0 billion, up to and including $11.0 billion
plus 0.49% per annum of the aggregate net assets of the Category I Funds over $11.0 billion, up to and including $24.0 billion
plus 0.44% per annum of the aggregate net assets of the Category I Funds over $24.0 billion, up to and including $48.0 billion
plus 0.40% per annum of the aggregate net assets of the Category I Funds over $48.0 billion, up to and including $72.0 billion,
plus 0.36% per annum of the aggregate net assets of the Category I Funds in excess of $72.0 billion
Category I Funds:
iShares MSCI Australia ETF
iShares MSCI Austria Capped ETF
iShares MSCI Belgium Capped ETF
iShares MSCI Canada ETF
iShares MSCI EMU ETF
iShares MSCI France ETF
iShares MSCI Germany ETF
iShares MSCI Hong Kong ETF
iShares MSCI Ireland Capped ETF*
iShares MSCI Italy Capped ETF
iShares MSCI Japan ETF
iShares MSCI Japan Small-Cap ETF
iShares MSCI Malaysia ETF
iShares MSCI Mexico Capped ETF
iShares MSCI Netherlands ETF
iShares MSCI New Zealand Capped ETF*
iShares MSCI Singapore ETF
iShares MSCI Spain Capped ETF
iShares MSCI Sweden ETF
iShares MSCI Switzerland Capped ETF
iShares MSCI United Kingdom ETF*
Advisory Fee for Category II Funds:
0.74% per annum of the aggregate net assets of the Category II Funds less than or equal to $2.0 billion
plus 0.69% per annum of the aggregate net assets of the Category II Funds over $2.0 billion, up to and including $4.0 billion
plus 0.64% per annum of the aggregate net assets of the Category II Funds over $4.0 billion, up to and including $8.0 billion
plus 0.57% per annum of the aggregate net assets of the Category II Funds over $8.0 billion, up to and including $16.0 billion
plus 0.51% per annum of the aggregate net assets of the Category II Funds over $16.0 billion, up to and including $32.0 billion
plus 0.45% per annum of the aggregate net assets of the Category II Funds in excess of $32.0 billion
Category II Funds:
iShares MSCI All Peru Capped ETF*
iShares MSCI Brazil Capped ETF
iShares MSCI Brazil Small-Cap ETF*
iShares MSCI Chile Capped ETF
iShares MSCI China ETF*
iShares MSCI China Small-Cap ETF*
iShares MSCI Indonesia ETF*
iShares MSCI Israel Capped ETF
iShares MSCI Philippines ETF*
iShares MSCI Poland Capped ETF*
iShares MSCI Qatar Capped ETF*
iShares MSCI Russia Capped ETF**
iShares MSCI South Africa ETF
iShares MSCI South Korea Capped ETF
iShares MSCI Taiwan ETF
iShares MSCI Thailand Capped ETF
iShares MSCI Turkey ETF
iShares MSCI UAE Capped ETF*
Advisory Fee for Category IV Funds:
0.75% per annum of the aggregate net assets of the Category IV Funds less than or equal to $14.0 billion
plus 0.68% per annum of the aggregate net assets of the Category IV Funds over $14.0 billion, up to and including $28.0 billion
plus 0.61% per annum of the aggregate net assets of the Category IV Funds over $28.0 billion, up to and including
$42.0 billion
plus 0.54% per annum of the aggregate net assets of the Category IV Funds over $42.0 billion, up to and including $56.0 billion
plus 0.47% per annum of the aggregate net assets of the Category IV Funds over $56.0 billion, up to and including $70.0 billion
plus 0.41% per annum of the aggregate net assets of the Category IV Funds over $70.0 billion, up to and including $84.0 billion
plus 0.35% per annum of the aggregate net assets of the Category IV Funds in excess of $84.0 billion
Category IV Funds:
iShares MSCI All Country Asia ex Japan ETF*
iShares MSCI BRIC ETF
iShares MSCI Emerging Markets Consumer Discretionary ETF
iShares MSCI Emerging Markets Eastern Europe ETF
iShares MSCI Emerging Markets Energy Capped ETF
iShares MSCI Emerging Markets ETF
iShares MSCI Emerging Markets Financials ETF*
iShares MSCI Emerging Markets Materials ETF*
iShares MSCI Emerging Markets Minimum Volatility ETF
iShares MSCI Emerging Markets Small-Cap ETF
Advisory Fee for iShares Category VI Funds:
0.35% per annum of the aggregate net assets less than or equal to $30.0 billion
plus 0.32% per annum of the aggregate net assets over $30.0 billion, up to and including $60.0 billion
plus 0.28% per annum of the aggregate net assets over $60.0 billion, up to and including $90.0 billion
plus 0.252% per annum of the aggregate net assets in excess of $90.0 billion
Category VI Funds:
iShares Human Rights ETF*
iShares MSCI ACWI ETF*
iShares MSCI ACWI ex U.S. ETF*
iShares MSCI All Country World Minimum Volatility ETF
iShares MSCI EAFE ETF*
iShares MSCI EAFE Minimum Volatility ETF*
Fund |
Annual Fee | |||
iShares Asia/Pacific Dividend ETF |
0.49 | % | ||
iShares Core MSCI Emerging Markets ETF |
0.18 | % | ||
iShares Currency Hedged MSCI Emerging Markets ETF |
0.78 | % |
iShares Emerging Markets Corporate Bond ETF |
0.60% | |
iShares Emerging Markets Dividend ETF |
0.68% | |
iShares Emerging Markets High Yield Bond ETF |
0.65% | |
iShares Emerging Markets Local Currency Bond ETF |
0.60% | |
iShares Global ex USD High Yield Corporate Bond ETF |
0.55% | |
iShares Global High Yield Corporate Bond ETF |
0.55% | |
iShares Latin America Bond ETF |
0.49% | |
iShares MSCI Colombia Capped ETF |
0.61% | |
iShares MSCI Emerging Markets Asia ETF |
0.68% | |
iShares MSCI Emerging Markets EMEA ETF |
0.68% | |
iShares MSCI Emerging Markets Growth ETF |
0.68% | |
iShares MSCI Emerging Markets Value ETF |
0.68% | |
iShares MSCI Frontier 100 ETF |
0.79% | |
iShares MSCI Global Agriculture Producers ETF |
0.39% | |
iShares MSCI Global Energy Producers ETF |
0.39% | |
iShares MSCI Global Gold Miners ETF |
0.39% | |
iShares MSCI Global Metals & Mining Producers ETF |
0.39% | |
iShares MSCI Global Silver Miners ETF |
0.39% | |
iShares MSCI USA ETF |
0.15% | |
iShares MSCI World ETF |
0.24% |
Advisory Fee for Group X Funds
First $46 Billion |
Greater than $46 Billion Up to $81 Billion |
Greater than $81 Billion Up to $141 Billion |
Greater than $141 Billion |
|||||||||||||
iShares Latin America 40 ETF* |
0.5000 | % | 0.4750 | % | 0.4513 | % | 0.4287 | % | ||||||||
iShares MSCI Pacific ex Japan ETF |
0.5000 | % | 0.4750 | % | 0.4513 | % | 0.4287 | % | ||||||||
iShares Russell 2000 ETF* |
0.2000 | % | 0.1900 | % | 0.1805 | % | 0.1715 | % | ||||||||
iShares Russell 2000 Growth ETF* |
0.2500 | % | 0.2375 | % | 0.2257 | % | 0.2144 | % | ||||||||
iShares Russell 2000 Value ETF* |
0.2500 | % | 0.2375 | % | 0.2257 | % | 0.2144 | % | ||||||||
iShares Select Dividend ETF* |
0.4000 | % | 0.3800 | % | 0.3610 | % | 0.3430 | % | ||||||||
iShares U.S. Preferred Stock ETF* |
0.4800 | % | 0.4560 | % | 0.4332 | % | 0.4116 | % |
* | This Fund is a fund of iShares Trust. |
** | This Fund is a fund of iShares MSCI Russia Capped ETF, Inc. |
Amended and Approved by the Board of Directors of iShares, Inc. on September 10-11, 2014.
Exhibit (d.3)
Schedule A
to the
Investment Advisory Agreement dated December 1, 2009
between
iShares Trust
and
BlackRock Fund Advisors
Pursuant to Section 6, the Trust shall pay the Adviser compensation at the following annual rates:
Fund |
Annual Fee | |||
iShares 0-5 Year High Yield Corporate Bond ETF |
0.50 | % | ||
iShares 0-5 Year Investment Grade Corporate Bond ETF |
0.15 | % | ||
iShares 0-5 Year TIPS Bond ETF |
0.20 | % | ||
iShares 1-3 Year International Treasury Bond ETF |
0.35 | % | ||
iShares 1-3 Year Treasury Bond ETF |
0.15 | % | ||
iShares 3-7 Year Treasury Bond ETF |
0.15 | % | ||
iShares 7-10 Year Treasury Bond ETF |
0.15 | % | ||
iShares 10+ Year Credit Bond ETF |
0.20 | % | ||
iShares 10-20 Year Treasury Bond ETF |
0.15 | % | ||
iShares 20+ Year Treasury Bond ETF |
0.15 | % | ||
iShares Aaa - A Rated Corporate Bond ETF |
0.15 | % | ||
iShares Agency Bond ETF |
0.20 | % | ||
iShares Aggressive Allocation ETF |
0.25 | % | ||
iShares Asia 50 ETF |
0.50 | % | ||
iShares Asia Developed Real Estate ETF |
0.48 | % | ||
iShares B - Ca Rated Corporate Bond ETF |
0.55 | % | ||
iShares Baa - Ba Rated Corporate Bond ETF |
0.30 | % | ||
iShares California AMT-Free Muni Bond ETF |
0.25 | % | ||
iShares CMBS ETF |
0.25 | % | ||
iShares Conservative Allocation ETF |
0.25 | % | ||
iShares Core Dividend Growth ETF |
0.12 | % | ||
iShares Core GNMA Bond ETF |
0.15 | % | ||
iShares Core High Dividend ETF |
0.12 | % | ||
iShares Core Long-Term USD Bond ETF |
0.12 | % | ||
iShares Core MSCI EAFE ETF |
0.14 | % | ||
iShares Core MSCI Europe ETF |
0.14 | % | ||
iShares Core MSCI Pacific ETF |
0.14 | % | ||
iShares Core MSCI Total International Stock ETF |
0.16 | % | ||
iShares Core S&P 500 ETF |
0.07 | % | ||
iShares Core S&P Mid-Cap ETF |
0.14 | % | ||
iShares Core S&P Small-Cap ETF |
0.14 | % | ||
iShares Core S&P Total U.S. Stock Market ETF |
0.07 | % | ||
iShares Core Short-Term USD Bond ETF |
0.12 | % | ||
iShares Core Total USD Bond Market ETF |
0.15 | % | ||
iShares Core U.S. Aggregate Bond ETF |
0.08 | % | ||
iShares Core U.S. Credit Bond ETF |
0.15 | % | ||
iShares Core U.S. Growth ETF |
0.09 | % | ||
iShares Core U.S. Treasury Bond ETF |
0.15 | % | ||
iShares Core U.S. Value ETF |
0.09 | % | ||
iShares Currency Hedged MSCI EAFE ETF |
0.39 | % | ||
iShares Currency Hedged MSCI EMU ETF |
0.62 | % | ||
iShares Currency Hedged MSCI Germany ETF |
0.53 | % | ||
iShares Currency Hedged MSCI Japan ETF |
0.53 | % | ||
iShares Dow Jones U.S. ETF |
0.20 | % |
iShares Emerging Markets Infrastructure ETF |
0.75 | % | ||
iShares Europe Developed Real Estate ETF |
0.48 | % | ||
iShares Financials Bond ETF |
0.30 | % | ||
iShares Floating Rate Bond ETF |
0.20 | % | ||
iShares Global 100 ETF |
0.40 | % | ||
iShares Global Inflation-Linked Bond ETF |
0.40 | % | ||
iShares Global REIT ETF |
0.14 | % | ||
iShares Government/Credit Bond ETF |
0.20 | % | ||
iShares Growth Allocation ETF |
0.25 | % | ||
iShares iBonds Dec 2016 Corporate ETF |
0.10 | % | ||
iShares iBonds Dec 2018 Corporate ETF |
0.10 | % | ||
iShares iBonds Mar 2016 Corporate ETF |
0.10 | % | ||
iShares iBonds Mar 2018 Corporate ETF |
0.10 | % | ||
iShares iBonds Mar 2020 Corporate ETF |
0.10 | % | ||
iShares iBonds Mar 2023 Corporate ETF |
0.10 | % | ||
iShares iBonds Mar 2016 Corporate ex-Financials ETF |
0.10 | % | ||
iShares iBonds Mar 2018 Corporate ex-Financials ETF |
0.10 | % | ||
iShares iBonds Mar 2020 Corporate ex-Financials ETF |
0.10 | % | ||
iShares iBonds Mar 2023 Corporate ex-Financials ETF |
0.10 | % | ||
iShares iBonds Sep 2015 AMT-Free Muni Bond ETF |
0.30 | % | ||
iShares iBonds Sep 2016 AMT-Free Muni Bond ETF |
0.30 | % | ||
iShares iBonds Sep 2017 AMT-Free Muni Bond ETF |
0.30 | % | ||
iShares iBonds Sep 2018 AMT-Free Muni Bond ETF |
0.30 | % | ||
iShares iBonds Sep 2019 AMT-Free Muni Bond ETF |
0.30 | % | ||
iShares iBonds Sep 2020 AMT-Free Muni Bond ETF |
0.30 | % | ||
iShares India 50 ETF |
0.89 | % | ||
iShares Industrial/Office Real Estate Capped ETF |
0.48 | % | ||
iShares Industrials Bond ETF |
0.30 | % | ||
iShares Intermediate Government/Credit Bond ETF |
0.20 | % | ||
iShares International Developed Property ETF |
0.48 | % | ||
iShares International Developed Real Estate ETF |
0.48 | % | ||
iShares International Inflation-Linked Bond ETF |
0.40 | % | ||
iShares International Preferred Stock ETF |
0.55 | % | ||
iShares International Treasury Bond ETF |
0.35 | % | ||
iShares Japan Large-Cap ETF |
0.50 | % | ||
iShares Micro-Cap ETF |
0.60 | % | ||
iShares Moderate Allocation ETF |
0.25 | % | ||
iShares Morningstar Large-Cap ETF |
0.20 | % | ||
iShares Morningstar Large-Cap Growth ETF |
0.25 | % | ||
iShares Morningstar Large-Cap Value ETF |
0.25 | % | ||
iShares Morningstar Mid-Cap ETF |
0.25 | % | ||
iShares Morningstar Mid-Cap Growth ETF |
0.30 | % | ||
iShares Morningstar Mid-Cap Value ETF |
0.30 | % | ||
iShares Morningstar Multi-Asset Income ETF |
0.25 | % | ||
iShares Morningstar Small-Cap ETF |
0.25 | % | ||
iShares Morningstar Small-Cap Growth ETF |
0.30 | % | ||
iShares Morningstar Small-Cap Value ETF |
0.30 | % | ||
iShares Mortgage Real Estate Capped ETF |
0.48 | % | ||
iShares MSCI All Country Asia ex Japan Small-Cap ETF |
0.75 | % | ||
iShares MSCI All Country Asia Information Technology ETF |
0.69 | % | ||
iShares MSCI Asia ex Japan Minimum Volatility ETF |
0.35 | % | ||
iShares MSCI Australia Small-Cap ETF |
0.59 | % | ||
iShares MSCI Canada Small-Cap ETF |
0.59 | % | ||
iShares MSCI Denmark Capped ETF |
0.53 | % | ||
iShares MSCI EAFE Growth ETF |
0.40 | % |
iShares MSCI EAFE Value ETF |
0.40 | % | ||
iShares MSCI Emerging Markets Latin America ETF |
0.68 | % | ||
iShares MSCI Europe Financials ETF |
0.48 | % | ||
iShares MSCI Europe Minimum Volatility ETF |
0.25 | % | ||
iShares MSCI Europe Small-Cap ETF |
0.40 | % | ||
iShares MSCI Far East Financials ETF |
0.48 | % | ||
iShares MSCI Finland Capped ETF |
0.53 | % | ||
iShares MSCI Germany Small-Cap ETF |
0.59 | % | ||
iShares MSCI Hong Kong Small-Cap ETF |
0.59 | % | ||
iShares MSCI India ETF |
0.65 | % | ||
iShares MSCI India Small-Cap ETF |
0.74 | % | ||
iShares MSCI Japan Minimum Volatility ETF |
0.30 | % | ||
iShares MSCI KLD 400 Social ETF |
0.50 | % | ||
iShares MSCI Kokusai ETF |
0.25 | % | ||
iShares MSCI Norway Capped ETF |
0.53 | % | ||
iShares MSCI Singapore Small-Cap ETF |
0.59 | % | ||
iShares MSCI United Kingdom Small-Cap ETF |
0.59 | % | ||
iShares MSCI USA ESG Select ETF |
0.50 | % | ||
iShares MSCI USA Minimum Volatility ETF |
0.15 | % | ||
iShares MSCI USA Momentum Factor ETF |
0.15 | % | ||
iShares MSCI USA Quality Factor ETF |
0.15 | % | ||
iShares MSCI USA Size Factor ETF |
0.15 | % | ||
iShares MSCI USA Value Factor ETF |
0.15 | % | ||
iShares National AMT-Free Muni Bond ETF |
0.25 | % | ||
iShares New York AMT-Free Muni Bond ETF |
0.25 | % | ||
iShares North America Real Estate ETF |
0.48 | % | ||
iShares NYSE 100 ETF |
0.20 | % | ||
iShares NYSE Composite ETF |
0.25 | % | ||
iShares Real Estate 50 ETF |
0.48 | % | ||
iShares Residential Real Estate Capped ETF |
0.48 | % | ||
iShares Retail Real Estate Capped ETF |
0.48 | % | ||
iShares Russell 1000 ETF |
0.15 | % | ||
iShares Russell 3000 ETF |
0.20 | % | ||
iShares Russell Top 200 ETF |
0.15 | % | ||
iShares Russell Top 200 Growth ETF |
0.20 | % | ||
iShares Russell Top 200 Value ETF |
0.20 | % | ||
iShares S&P 100 ETF |
0.20 | % | ||
iShares S&P 500 Growth ETF |
0.18 | % | ||
iShares S&P 500 Value ETF |
0.18 | % | ||
iShares S&P Mid-Cap 400 Value ETF |
0.25 | % | ||
iShares S&P Small-Cap 600 Growth ETF |
0.25 | % | ||
iShares S&P Small-Cap 600 Value ETF |
0.25 | % | ||
iShares Short Treasury Bond ETF |
0.15 | % | ||
iShares Short-Term National AMT-Free Muni Bond ETF |
0.25 | % | ||
iShares Target Date 2010 ETF |
0.25 | % | ||
iShares Target Date 2015 ETF |
0.25 | % | ||
iShares Target Date 2020 ETF |
0.25 | % | ||
iShares Target Date 2025 ETF |
0.25 | % | ||
iShares Target Date 2030 ETF |
0.25 | % | ||
iShares Target Date 2035 ETF |
0.25 | % | ||
iShares Target Date 2040 ETF |
0.25 | % | ||
iShares Target Date 2045 ETF |
0.25 | % | ||
iShares Target Date 2050 ETF |
0.25 | % | ||
iShares Target Date Retirement Income ETF |
0.25 | % | ||
iShares Treasury Floating Rate Bond ETF |
0.15 | % | ||
iShares Utilities Bond ETF |
0.30 | % | ||
iShares Yield Optimized Bond ETF |
0.28 | % |
Advisory Fee for iShares PHLX, S&P Global and S&P U.S. Sector Funds
iShares Global Clean Energy ETF
iShares Global Consumer Discretionary ETF
iShares Global Consumer Staples ETF
iShares Global Energy ETF
iShares Global Financials ETF
iShares Global Healthcare ETF
iShares Global Industrials ETF
iShares Global Infrastructure ETF
iShares Global Materials ETF
iShares Global Nuclear Energy ETF
iShares Global Tech ETF
iShares Global Telecom ETF
iShares Global Timber & Forestry ETF
iShares Global Utilities ETF
iShares North American Natural Resources ETF
iShares North American Tech ETF
iShares North American Tech-Multimedia Networking ETF
iShares North American Tech-Software ETF
iShares PHLX Semiconductor ETF
0.48% per annum of the aggregate net assets less than or equal to $10.0 billion
plus 0.43% per annum of the aggregate net assets over $10.0 billion, up to and including $20.0 billion
plus 0.38% per annum of the aggregate net assets in excess of $20.0 billion.
Advisory Fee for iShares FTSE China Funds
iShares China Large-Cap ETF
iShares FTSE China ETF
0.74% per annum of the aggregate net assets less than or equal to $6.0 billion
plus 0.67% per annum of the aggregate net assets over $6.0 billion, up to and including $12.0 billion
plus 0.60% per annum of the aggregate net assets in excess of $12.0 billion
Advisory Fee for iShares Dow Jones Sector Funds
iShares Transportation Average ETF
iShares U.S. Aerospace & Defense ETF
iShares U.S. Basic Materials ETF
iShares U.S. Broker-Dealers ETF
iShares U.S. Consumer Goods ETF
iShares U.S. Consumer Services ETF
iShares U.S. Energy ETF
iShares U.S. Financial Services ETF
iShares U.S. Financials ETF
iShares U.S. Healthcare ETF
iShares U.S. Healthcare Providers ETF
iShares U.S. Home Construction ETF
iShares U.S. Industrials ETF
iShares U.S. Insurance ETF
iShares U.S. Medical Devices ETF
iShares U.S. Oil & Gas Exploration & Production ETF
iShares U.S. Oil Equipment & Services ETF
iShares U.S. Pharmaceuticals ETF
iShares U.S. Real Estate ETF
iShares U.S. Regional Banks ETF
iShares U.S. Technology ETF
iShares U.S. Telecommunications ETF
iShares U.S. Utilities ETF
0.48% per annum of the aggregate net assets less than or equal to $10.0 billion
plus 0.43% per annum of the aggregate net assets over $10.0 billion, up to and including $20.0 billion
plus 0.38% per annum of the aggregate net assets over $20.0 billion, up to and including $30.0 billion
plus 0.342% per annum of the aggregate net assets in excess of $30.0 billion
Advisory Fee for iShares Category VI Funds:
iShares Human Rights ETF
iShares MSCI ACWI ETF
iShares MSCI ACWI ex U.S. ETF
iShares MSCI All Country World Minimum Volatility ETF*
iShares MSCI EAFE ETF
iShares MSCI EAFE Minimum Volatility ETF
0.35% per annum of the aggregate net assets less than or equal to $30.0 billion
plus 0.32% per annum of the aggregate net assets over $30.0 billion, up to and including $60.0 billion
plus 0.28% per annum of the aggregate net assets over $60.0 billion, up to and including $90.0 billion
plus 0.252% per annum of the aggregate net assets in excess of $90.0 billion
Advisory Fee for Category I Funds:
iShares MSCI Australia ETF*
iShares MSCI Austria Capped ETF*
iShares MSCI Belgium Capped ETF*
iShares MSCI Canada ETF*
iShares MSCI EMU ETF*
iShares MSCI France ETF*
iShares MSCI Germany ETF*
iShares MSCI Hong Kong ETF*
iShares MSCI Ireland Capped ETF
iShares MSCI Italy Capped ETF*
iShares MSCI Japan ETF*
iShares MSCI Japan Small-Cap ETF*
iShares MSCI Malaysia ETF*
iShares MSCI Mexico Capped ETF*
iShares MSCI Netherlands ETF*
iShares MSCI New Zealand Capped ETF
iShares MSCI Singapore ETF*
iShares MSCI Spain Capped ETF*
iShares MSCI Sweden ETF*
iShares MSCI Switzerland Capped ETF*
iShares MSCI United Kingdom ETF
0.59% per annum of the aggregate net assets of the Category I Funds less than or equal to $7.0 billion
plus 0.54% per annum of the aggregate net assets of the Category I Funds over $7.0 billion, up to and including
$11.0 billion
plus 0.49% per annum of the aggregate net assets of the Category I Funds over $11.0 billion, up to and including
$24.0 billion
plus 0.44% per annum of the aggregate net assets of the Category I Funds over $24.0 billion, up to and including
$48.0 billion
plus 0.40% per annum of the aggregate net assets of the Category I Funds over $48.0 billion, up to and including
$72.0 billion
plus 0.36% per annum of the aggregate net assets of the Category I Funds in excess of $72.0 billion
Advisory Fee for Category II Funds:
iShares MSCI All Peru Capped ETF
iShares MSCI Brazil Capped ETF*
iShares MSCI Brazil Small-Cap ETF
iShares MSCI Chile Capped ETF*
iShares MSCI China ETF
iShares MSCI China Small-Cap ETF
iShares MSCI Indonesia ETF
iShares MSCI Israel Capped ETF*
iShares MSCI Philippines ETF
iShares MSCI Poland Capped ETF
iShares MSCI Qatar Capped ETF
iShares MSCI Russia Capped ETF**
iShares MSCI South Africa ETF*
iShares MSCI South Korea Capped ETF*
iShares MSCI Taiwan ETF*
iShares MSCI Thailand Capped ETF*
iShares MSCI Turkey ETF*
iShares MSCI UAE Capped ETF
0.74% per annum of the aggregate net assets of the Category II Funds less than or equal to $2.0 billion
plus 0.69% per annum of the aggregate net assets of the Category II Funds over $2.0 billion, up to and including
$4.0 billion
plus 0.64% per annum of the aggregate net assets of the Category II Funds over $4.0 billion, up to and including
$8.0 billion
plus 0.57% per annum of the aggregate net assets of the Category II Funds over $8.0 billion, up to and including
$16.0 billion
plus 0.51% per annum of the aggregate net assets of the Category II Funds over $16.0 billion, up to and including
$32.0 billion
plus 0.45% per annum of the aggregate net assets of the Category II Funds in excess of $32.0 billion
Advisory Fee for Category IV Funds
iShares MSCI All Country Asia ex Japan ETF
iShares MSCI BRIC ETF*
iShares MSCI Emerging Markets Consumer Discretionary ETF*
iShares MSCI Emerging Markets Eastern Europe ETF*
iShares MSCI Emerging Markets Energy Capped ETF*
iShares MSCI Emerging Markets ETF*
iShares MSCI Emerging Markets Financials ETF
iShares MSCI Emerging Markets Materials ETF
iShares MSCI Emerging Markets Minimum Volatility ETF*
iShares MSCI Emerging Markets Small-Cap ETF*
0.75% per annum of the aggregate net assets of the Category IV Funds less than or equal to $14.0 billion
plus 0.68% per annum of the aggregate net assets of the Category IV Funds over $14.0 billion, up to and including
$28.0 billion
plus 0.61% per annum of the aggregate net assets of the Category IV Funds over $28.0 billion, up to and including
$42.0 billion
plus 0.54% per annum of the aggregate net assets of the Category IV Funds over $42.0 billion, up to and including
$56.0 billion
plus 0.47% per annum of the aggregate net assets of the Category IV Funds over $56.0 billion, up to and including
$70.0 billion
plus 0.41% per annum of the aggregate net assets of the Category IV Funds over $70.0 billion, up to and including
$84.0 billion
plus 0.35% per annum of the aggregate net assets of the Category IV Funds in excess of $84.0 billion
Advisory Fee for Group X Funds
First $46 billion |
Greater than $46 billion Up to $81 billion |
Greater than $81 billion Up to $141 billion |
Greater than $141 billion |
|||||||||||||
iShares Latin America 40 ETF |
0.5000 | % | 0.4750 | % | 0.4513 | % | 0.4287 | % | ||||||||
iShares MSCI Pacific ex Japan ETF* |
0.5000 | % | 0.4750 | % | 0.4513 | % | 0.4287 | % | ||||||||
iShares Russell 2000 ETF |
0.2000 | % | 0.1900 | % | 0.1805 | % | 0.1715 | % | ||||||||
iShares Russell 2000 Growth ETF |
0.2500 | % | 0.2375 | % | 0.2257 | % | 0.2144 | % | ||||||||
iShares Russell 2000 Value ETF |
0.2500 | % | 0.2375 | % | 0.2257 | % | 0.2144 | % | ||||||||
iShares Select Dividend ETF |
0.4000 | % | 0.3800 | % | 0.3610 | % | 0.3430 | % | ||||||||
iShares U.S. Preferred Stock ETF |
0.4800 | % | 0.4560 | % | 0.4332 | % | 0.4116 | % |
Advisory Fee for Group XI Funds
First $19 billion | Greater than $19 billion Up to $33 billion |
Greater than $33 billion Up to $58 billion |
Greater than $58 billion |
|||||||||||||
iShares iBoxx $ High Yield Corporate Bond ETF |
0.5000 | % | 0.4750 | % | 0.4513 | % | 0.4287 | % | ||||||||
iShares J.P. Morgan USD Emerging Markets Bond ETF |
0.6000 | % | 0.5700 | % | 0.5415 | % | 0.5145 | % |
Advisory Fee for Group XII Funds
First $121 billion |
Greater than $121 billion Up to $211 billion |
Greater than $211 billion |
||||||||||
iShares 1-3 Year Credit Bond ETF |
0.2000 | % | 0.1900 | % | 0.1805 | % | ||||||
iShares Cohen & Steers REIT ETF |
0.3500 | % | 0.3325 | % | 0.3159 | % | ||||||
iShares iBoxx $ Investment Grade Corporate Bond ETF |
0.1500 | % | 0.1425 | % | 0.1354 | % | ||||||
iShares Intermediate Credit Bond ETF |
0.2000 | % | 0.1900 | % | 0.1805 | % | ||||||
iShares MBS ETF |
0.2500 | % | 0.2375 | % | 0.2257 | % | ||||||
iShares Nasdaq Biotechnology ETF |
0.4800 | % | 0.4560 | % | 0.4332 | % | ||||||
iShares Russell 1000 Growth ETF |
0.2000 | % | 0.1900 | % | 0.1805 | % | ||||||
iShares Russell 1000 Value ETF |
0.2000 | % | 0.1900 | % | 0.1805 | % | ||||||
iShares Russell Mid-Cap ETF |
0.2000 | % | 0.1900 | % | 0.1805 | % | ||||||
iShares Russell Mid-Cap Growth ETF |
0.2500 | % | 0.2375 | % | 0.2257 | % | ||||||
iShares Russell Mid-Cap Value ETF |
0.2500 | % | 0.2375 | % | 0.2257 | % | ||||||
iShares S&P Mid-Cap 400 Growth ETF |
0.2500 | % | 0.2375 | % | 0.2257 | % | ||||||
iShares TIPS Bond ETF |
0.2000 | % | 0.1900 | % | 0.1805 | % |
Advisory Fee for Group XIII Funds
First $12 billion | Greater than $12billion Up to $21 billion |
Greater than $21 billion |
||||||||||
iShares Europe ETF |
0.6000 | % | 0.5700 | % | 0.5415 | % | ||||||
iShares International Select Dividend ETF |
0.5000 | % | 0.4750 | % | 0.4513 | % | ||||||
iShares MSCI EAFE Small-Cap ETF |
0.4000 | % | 0.3800 | % | 0.3610 | % |
* | This Fund is a fund of iShares, Inc. |
** | This Fund is a fund of iShares MSCI Russia Capped ETF, Inc. |
Amended and Approved by the Board of Trustees of iShares Trust on September 10-11, 2014.
Exhibit (d.6)
SCHEDULE A
Master Advisory Fee Waiver Agreement for iShares, Inc.
(Amended as of September 10-11, 2014)
(all percentages are expressed as a percentage of average daily net assets):
Fund |
Advisory Fee Waiver |
Last Day of Term | ||
iShares MSCI Emerging Markets ETF | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. | December 31, 2015 | ||
iShares MSCI All Country World Minimum Volatility ETF | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. | December 31, 2015 | ||
iShares MSCI All Country World Minimum Volatility ETF | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.20%. | December 31, 2015 | ||
iShares MSCI Global Agriculture Producers ETF | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. | December 31, 2015 | ||
iShares MSCI Global Metals & Mining Producers ETF | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. | December 31, 2015 | ||
iShares Core MSCI Emerging Markets ETF | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. | December 31, 2015 | ||
iShares MSCI Emerging Markets Minimum Volatility ETF | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.25%. | December 31, 2015 | ||
iShares Emerging Markets Dividend ETF | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. | August 31, 2015 | ||
iShares Emerging Markets Dividend ETF | With respect to the Fund, any additional portion of its management fee necessary so as not to exceed a net total expense ratio of 0.49%. | August 31, 2015 | ||
iShares MSCI Emerging Markets Asia ETF | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.49%. | December 31, 2015 | ||
iShares MSCI Emerging Markets EMEA ETF | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.49%. | December 31, 2015 | ||
iShares MSCI Emerging Markets Growth ETF | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.49%. | December 31, 2015 | ||
iShares MSCI Emerging Markets Value ETF | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.49%. | December 31, 2015 | ||
iShares Global ex USD High Yield Corporate Bond ETF | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.40%. | February 28, 2015 | ||
iShares Global High Yield Corporate Bond ETF | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.40%. | February 28, 2015 |
iShares Currency Hedged MSCI Emerging Markets ETF | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in iShares MSCI Emerging Markets ETF (EEM).
In addition, with respect to the Fund, a reduction in the management fee on assets attributable to the Funds investments in EEM (and those assets used to hedge the securities in EEM against the U.S. dollar) such that it is equal to the management fee of EEM plus 0.03%. |
December 31, 2015 |
ISHARES, INC. on behalf of each FUND | BLACKROCK FUND ADVISORS | |||||||
By: | /s/ Jack Gee |
By: | /s/ Edward Baer | |||||
Jack Gee | Edward Baer | |||||||
Chief Financial Officer, iShares, Inc. | Managing Director |
Dated: September 10-11, 2014
[Signature Page to Amended Schedule A of Master Advisory Fee Waiver Agreement]
Exhibit (e.2)
Distribution Agreement
EXHIBIT A
Index Series
iShares, Inc.
iShares Asia/Pacific Dividend ETF
iShares Core MSCI Emerging Markets ETF
iShares Currency Hedged MSCI Emerging Markets ETF
iShares Emerging Markets Corporate Bond ETF
iShares Emerging Markets Dividend ETF
iShares Emerging Markets High Yield Bond ETF
iShares Emerging Markets Local Currency Bond ETF
iShares Global ex USD High Yield Corporate Bond ETF
iShares Global High Yield Corporate Bond ETF
iShares Latin America Bond ETF
iShares MSCI All Country World Minimum Volatility ETF
iShares MSCI Australia ETF
iShares MSCI Austria Capped ETF
iShares MSCI Belgium Capped ETF
iShares MSCI Brazil Capped ETF
iShares MSCI BRIC ETF
iShares MSCI Canada ETF
iShares MSCI Chile Capped ETF
iShares MSCI Colombia Capped ETF
iShares MSCI Emerging Markets Asia ETF
iShares MSCI Emerging Markets Consumer Discretionary ETF
iShares MSCI Emerging Markets Eastern Europe ETF
iShares MSCI Emerging Markets EMEA ETF
iShares MSCI Emerging Markets Energy Capped ETF
iShares MSCI Emerging Markets ETF
iShares MSCI Emerging Markets Growth ETF
iShares MSCI Emerging Markets Minimum Volatility ETF
iShares MSCI Emerging Markets Small-Cap ETF
iShares MSCI Emerging Markets Value ETF
iShares MSCI EMU ETF
iShares MSCI France ETF
iShares MSCI Frontier 100 ETF
iShares MSCI Germany ETF
iShares MSCI Global Agriculture Producers ETF
iShares MSCI Global Energy Producers ETF
iShares MSCI Global Gold Miners ETF
iShares MSCI Global Metals & Mining Producers ETF
iShares MSCI Global Silver Miners ETF
iShares MSCI Hong Kong ETF
iShares MSCI Israel Capped ETF
iShares MSCI Italy Capped ETF
iShares MSCI Japan ETF
iShares MSCI Japan Small-Cap ETF
iShares MSCI Malaysia ETF
iShares MSCI Mexico Capped ETF
iShares MSCI Netherlands ETF
iShares MSCI Pacific ex Japan ETF
iShares MSCI Singapore ETF
iShares MSCI South Africa ETF
iShares MSCI South Korea Capped ETF
iShares MSCI Spain Capped ETF
iShares MSCI Sweden ETF
iShares MSCI Switzerland Capped ETF
iShares MSCI Taiwan ETF
iShares MSCI Thailand Capped ETF
iShares MSCI Turkey ETF
iShares MSCI USA ETF
iShares MSCI World ETF
Amended and Approved by the Board of Directors of iShares, Inc. on September 10-11, 2014.
Exhibit (h.2)
EXHIBIT A
BTC Recipients
I. | BTC FUNDS |
iShares, Inc.
iShares Asia/Pacific Dividend ETF
iShares Core MSCI Emerging Markets ETF
iShares Currency Hedged MSCI Emerging Markets ETF
iShares Emerging Markets Corporate Bond ETF
iShares Emerging Markets Dividend ETF
iShares Emerging Markets High Yield Bond ETF
iShares Emerging Markets Local Currency Bond ETF
iShares Global ex USD High Yield Corporate Bond ETF
iShares Global High Yield Corporate Bond ETF
iShares Latin America Bond ETF
iShares MSCI All Country World Minimum Volatility ETF
iShares MSCI Australia ETF
iShares MSCI Austria Capped ETF
iShares MSCI Belgium Capped ETF
iShares MSCI Brazil Capped ETF
iShares MSCI BRIC ETF
iShares MSCI Canada ETF
iShares MSCI Chile Capped ETF
iShares MSCI Colombia Capped ETF
iShares MSCI Emerging Markets Asia ETF
iShares MSCI Emerging Markets Consumer Discretionary ETF
iShares MSCI Emerging Markets Eastern Europe ETF
iShares MSCI Emerging Markets EMEA ETF
iShares MSCI Emerging Markets Energy Capped ETF
iShares MSCI Emerging Markets ETF
iShares MSCI Emerging Markets Growth ETF
iShares MSCI Emerging Markets Minimum Volatility ETF
iShares MSCI Emerging Markets Small-Cap ETF
iShares MSCI Emerging Markets Value ETF
iShares MSCI EMU ETF
iShares MSCI France ETF
iShares MSCI Frontier 100 ETF
iShares MSCI Germany ETF
iShares MSCI Global Agriculture Producers ETF
iShares MSCI Global Energy Producers ETF
iShares MSCI Global Gold Miners ETF
iShares MSCI Global Metals & Mining Producers ETF
iShares MSCI Global Silver Miners ETF
iShares MSCI Hong Kong ETF
iShares MSCI Israel Capped ETF
iShares MSCI Italy Capped ETF
iShares MSCI Japan ETF
iShares MSCI Japan Small-Cap ETF
iShares MSCI Malaysia ETF
iShares MSCI Mexico Capped ETF
iShares MSCI Netherlands ETF
iShares MSCI Pacific ex Japan ETF
iShares MSCI Singapore ETF
iShares MSCI South Africa ETF
iShares MSCI South Korea Capped ETF
iShares MSCI Spain Capped ETF
iShares MSCI Sweden ETF
iShares MSCI Switzerland Capped ETF
iShares MSCI Taiwan ETF
iShares MSCI Thailand Capped ETF
iShares MSCI Turkey ETF
iShares MSCI USA ETF
iShares MSCI World ETF
iShares Trust
iShares 0-5 Year High Yield Corporate Bond ETF
iShares 0-5 Year Investment Grade Corporate Bond ETF
iShares 0-5 Year TIPS Bond ETF
iShares 1-3 Year Credit Bond ETF
iShares 1-3 Year International Treasury Bond ETF
iShares 1-3 Year Treasury Bond ETF
iShares 3-7 Year Treasury Bond ETF
iShares 7-10 Year Treasury Bond ETF
iShares 10+ Year Credit Bond ETF
iShares 10-20 Year Treasury Bond ETF
iShares 20+ Year Treasury Bond ETF
iShares Aaa - A Rated Corporate Bond ETF
iShares Agency Bond ETF
iShares Aggressive Allocation ETF
iShares Asia 50 ETF
iShares Asia Developed Real Estate ETF
iShares B - Ca Rated Corporate Bond ETF
iShares Baa - Ba Rated Corporate Bond ETF
iShares California AMT-Free Muni Bond ETF
iShares China Large-Cap ETF
iShares CMBS ETF
iShares Cohen & Steers REIT ETF
iShares Conservative Allocation ETF
iShares Core Dividend Growth ETF
iShares Core GNMA Bond ETF
iShares Core High Dividend ETF
iShares Core Long-Term USD Bond ETF
iShares Core MSCI EAFE ETF
iShares Core MSCI Europe ETF
iShares Core MSCI Pacific ETF
iShares Core MSCI Total International Stock ETF
iShares Core S&P 500 ETF
iShares Core S&P Mid-Cap ETF
iShares Core S&P Small-Cap ETF
iShares Core S&P Total U.S. Stock Market ETF
iShares Core Short-Term USD Bond ETF
iShares Core Total USD Bond Market ETF
iShares Core U.S. Aggregate Bond ETF
iShares Core U.S. Credit Bond ETF
iShares Core U.S. Growth ETF
iShares Core U.S. Treasury Bond ETF
iShares Core U.S. Value ETF
iShares Currency Hedged MSCI EAFE ETF
iShares Currency Hedged MSCI EMU ETF
iShares Currency Hedged MSCI Germany ETF
iShares Currency Hedged MSCI Japan ETF
iShares Dow Jones U.S. ETF
iShares Emerging Markets Infrastructure ETF
iShares Europe Developed Real Estate ETF
iShares Europe ETF
iShares Financials Bond ETF
iShares Floating Rate Bond ETF
iShares FTSE China ETF
iShares Global 100 ETF
iShares Global Clean Energy ETF
iShares Global Consumer Discretionary ETF
iShares Global Consumer Staples ETF
iShares Global Energy ETF
iShares Global Financials ETF
iShares Global Healthcare ETF
iShares Global Industrials ETF
iShares Global Inflation-Linked Bond ETF
iShares Global Infrastructure ETF
iShares Global Materials ETF
iShares Global Nuclear Energy ETF
iShares Global REIT ETF
iShares Global Tech ETF
iShares Global Telecom ETF
iShares Global Timber & Forestry ETF
iShares Global Utilities ETF
iShares Government/Credit Bond ETF
iShares Growth Allocation ETF
iShares Human Rights ETF
iShares iBonds Dec 2016 Corporate ETF
iShares iBonds Dec 2018 Corporate ETF
iShares iBonds Mar 2016 Corporate ETF
iShares iBonds Mar 2018 Corporate ETF
iShares iBonds Mar 2020 Corporate ETF
iShares iBonds Mar 2023 Corporate ETF
iShares iBonds Mar 2016 Corporate ex-Financials ETF
iShares iBonds Mar 2018 Corporate ex-Financials ETF
iShares iBonds Mar 2020 Corporate ex-Financials ETF
iShares iBonds Mar 2023 Corporate ex-Financials ETF
iShares iBonds Sep 2015 AMT-Free Muni Bond ETF
iShares iBonds Sep 2016 AMT-Free Muni Bond ETF
iShares iBonds Sep 2017 AMT-Free Muni Bond ETF
iShares iBonds Sep 2018 AMT-Free Muni Bond ETF
iShares iBonds Sep 2019 AMT-Free Muni Bond ETF
iShares iBonds Sep 2020 AMT-Free Muni Bond ETF
iShares iBoxx $ High Yield Corporate Bond ETF
iShares iBoxx $ Investment Grade Corporate Bond ETF
iShares India 50 ETF
iShares Industrial/Office Real Estate Capped ETF
iShares Industrials Bond ETF
iShares Intermediate Credit Bond ETF
iShares Intermediate Government/Credit Bond ETF
iShares International Developed Property ETF
iShares International Developed Real Estate ETF
iShares International Inflation-Linked Bond ETF
iShares International Preferred Stock ETF
iShares International Select Dividend ETF
iShares International Treasury Bond ETF
iShares Japan Large-Cap ETF
iShares J.P. Morgan USD Emerging Markets Bond ETF
iShares Latin America 40 ETF
iShares MBS ETF
iShares Micro-Cap ETF
iShares Moderate Allocation ETF
iShares Morningstar Large-Cap ETF
iShares Morningstar Large-Cap Growth ETF
iShares Morningstar Large-Cap Value ETF
iShares Morningstar Mid-Cap ETF
iShares Morningstar Mid-Cap Growth ETF
iShares Morningstar Mid-Cap Value ETF
iShares Morningstar Multi-Asset Income ETF
iShares Morningstar Small-Cap ETF
iShares Morningstar Small-Cap Growth ETF
iShares Morningstar Small-Cap Value ETF
iShares Mortgage Real Estate Capped ETF
iShares MSCI ACWI ETF
iShares MSCI ACWI ex U.S. ETF
iShares MSCI All Country Asia ex Japan ETF
iShares MSCI All Country Asia ex Japan Small-Cap ETF
iShares MSCI All Country Asia Information Technology ETF
iShares MSCI All Peru Capped ETF
iShares MSCI Asia ex Japan Minimum Volatility ETF
iShares MSCI Australia Small-Cap ETF
iShares MSCI Brazil Small-Cap ETF
iShares MSCI Canada Small-Cap ETF
iShares MSCI China ETF
iShares MSCI China Small-Cap ETF
iShares MSCI Denmark Capped ETF
iShares MSCI EAFE ETF
iShares MSCI EAFE Growth ETF
iShares MSCI EAFE Minimum Volatility ETF
iShares MSCI EAFE Small-Cap ETF
iShares MSCI EAFE Value ETF
iShares MSCI Emerging Markets Financials ETF
iShares MSCI Emerging Markets Latin America ETF
iShares MSCI Emerging Markets Materials ETF
iShares MSCI Europe Financials ETF
iShares MSCI Europe Minimum Volatility ETF
iShares MSCI Europe Small-Cap ETF
iShares MSCI Far East Financials ETF
iShares MSCI Finland Capped ETF
iShares MSCI Germany Small-Cap ETF
iShares MSCI Hong Kong Small-Cap ETF
iShares MSCI India ETF
iShares MSCI India Small-Cap ETF
iShares MSCI Indonesia ETF
iShares MSCI Ireland Capped ETF
iShares MSCI Japan Minimum Volatility ETF
iShares MSCI KLD 400 Social ETF
iShares MSCI Kokusai ETF
iShares MSCI New Zealand Capped ETF
iShares MSCI Norway Capped ETF
iShares MSCI Philippines ETF
iShares MSCI Poland Capped ETF
iShares MSCI Qatar Capped ETF
iShares MSCI Singapore Small-Cap ETF
iShares MSCI UAE Capped ETF
iShares MSCI United Kingdom ETF
iShares MSCI United Kingdom Small-Cap ETF
iShares MSCI USA ESG Select ETF
iShares MSCI USA Minimum Volatility ETF
iShares MSCI USA Momentum Factor ETF
iShares MSCI USA Quality Factor ETF
iShares MSCI USA Size Factor ETF
iShares MSCI USA Value Factor ETF
iShares Nasdaq Biotechnology ETF
iShares National AMT-Free Muni Bond ETF
iShares New York AMT-Free Muni Bond ETF
iShares North America Real Estate ETF
iShares North American Natural Resources ETF
iShares North American Tech ETF
iShares North American Tech-Multimedia Networking ETF
iShares North American Tech-Software ETF
iShares NYSE 100 ETF
iShares NYSE Composite ETF
iShares PHLX Semiconductor ETF
iShares Real Estate 50 ETF
iShares Residential Real Estate Capped ETF
iShares Retail Real Estate Capped ETF
iShares Russell 1000 ETF
iShares Russell 1000 Growth ETF
iShares Russell 1000 Value ETF
iShares Russell 2000 ETF
iShares Russell 2000 Growth ETF
iShares Russell 2000 Value ETF
iShares Russell 3000 ETF
iShares Russell Mid-Cap ETF
iShares Russell Mid-Cap Growth ETF
iShares Russell Mid-Cap Value ETF
iShares Russell Top 200 ETF
iShares Russell Top 200 Growth ETF
iShares Russell Top 200 Value ETF
iShares S&P 100 ETF
iShares S&P 500 Growth ETF
iShares S&P 500 Value ETF
iShares S&P Mid-Cap 400 Growth ETF
iShares S&P Mid-Cap 400 Value ETF
iShares S&P Small-Cap 600 Growth ETF
iShares S&P Small-Cap 600 Value ETF
iShares Select Dividend ETF
iShares Short Treasury Bond ETF
iShares Short-Term National AMT-Free Muni Bond ETF
iShares Target Date 2010 ETF
iShares Target Date 2015 ETF
iShares Target Date 2020 ETF
iShares Target Date 2025 ETF
iShares Target Date 2030 ETF
iShares Target Date 2035 ETF
iShares Target Date 2040 ETF
iShares Target Date 2045 ETF
iShares Target Date 2050 ETF
iShares Target Date Retirement Income ETF
iShares TIPS Bond ETF
iShares Transportation Average ETF
iShares Treasury Floating Rate Bond ETF
iShares U.S. Aerospace & Defense ETF
iShares U.S. Basic Materials ETF
iShares U.S. Broker-Dealers ETF
iShares U.S. Consumer Goods ETF
iShares U.S. Consumer Services ETF
iShares U.S. Energy ETF
iShares U.S. Financial Services ETF
iShares U.S. Financials ETF
iShares U.S. Healthcare ETF
iShares U.S. Healthcare Providers ETF
iShares U.S. Home Construction ETF
iShares U.S. Industrials ETF
iShares U.S. Insurance ETF
iShares U.S. Medical Devices ETF
iShares U.S. Oil & Gas Exploration & Production ETF
iShares U.S. Oil Equipment & Services ETF
iShares U.S. Pharmaceuticals ETF
iShares U.S. Preferred Stock ETF
iShares U.S. Real Estate ETF
iShares U.S. Regional Banks ETF
iShares U.S. Technology ETF
iShares U.S. Telecommunications ETF
iShares U.S. Utilities ETF
iShares Utilities Bond ETF
iShares Yield Optimized Bond ETF
iShares MSCI Russia Capped ETF, Inc.
iShares MSCI Russia Capped ETF
iShares U.S. ETF Trust
iShares Enhanced International Large-Cap ETF
iShares Enhanced International Small-Cap ETF
iShares Enhanced U.S. Large-Cap ETF
iShares Enhanced U.S. Small-Cap ETF
iShares Interest Rate Hedged Corporate Bond ETF
iShares Interest Rate Hedged High Yield Bond ETF
iShares Liquidity Income ETF
iShares Short Maturity Bond ETF
Exhibit (h.8)
Schedule A
Funds
iShares, Inc.
iShares Asia/Pacific Dividend ETF
iShares Core MSCI Emerging Markets ETF
iShares Currency Hedged MSCI Emerging Markets ETF
iShares Emerging Markets Corporate Bond ETF
iShares Emerging Markets Dividend ETF
iShares Emerging Markets High Yield Bond ETF
iShares Emerging Markets Local Currency Bond ETF
iShares Global ex USD High Yield Corporate Bond ETF
iShares Global High Yield Corporate Bond ETF
iShares Latin America Bond ETF
iShares MSCI All Country World Minimum Volatility ETF
iShares MSCI Australia ETF
iShares MSCI Austria Capped ETF
iShares MSCI Belgium Capped ETF
iShares MSCI Brazil Capped ETF
iShares MSCI BRIC ETF
iShares MSCI Canada ETF
iShares MSCI Chile Capped ETF
iShares MSCI Colombia Capped ETF
iShares MSCI Emerging Markets Asia ETF
iShares MSCI Emerging Markets Consumer Discretionary ETF
iShares MSCI Emerging Markets Eastern Europe ETF
iShares MSCI Emerging Markets EMEA ETF
iShares MSCI Emerging Markets Energy Capped ETF
iShares MSCI Emerging Markets ETF
iShares MSCI Emerging Markets Growth ETF
iShares MSCI Emerging Markets Minimum Volatility ETF
iShares MSCI Emerging Markets Small-Cap ETF
iShares MSCI Emerging Markets Value ETF
iShares MSCI EMU ETF
iShares MSCI France ETF
iShares MSCI Frontier 100 ETF
iShares MSCI Germany ETF
iShares MSCI Global Agriculture Producers ETF
iShares MSCI Global Energy Producers ETF
iShares MSCI Global Gold Miners ETF
iShares MSCI Global Metals & Mining Producers ETF
iShares MSCI Global Silver Miners ETF
iShares MSCI Hong Kong ETF
iShares MSCI Israel Capped ETF
iShares MSCI Italy Capped ETF
iShares MSCI Japan ETF
iShares MSCI Japan Small-Cap ETF
iShares MSCI Malaysia ETF
iShares MSCI Mexico Capped ETF
iShares MSCI Netherlands ETF
iShares MSCI Pacific ex Japan ETF
iShares MSCI Singapore ETF
iShares MSCI South Africa ETF
iShares MSCI South Korea Capped ETF
iShares MSCI Spain Capped ETF
iShares MSCI Sweden ETF
iShares MSCI Switzerland Capped ETF
iShares MSCI Taiwan ETF
iShares MSCI Thailand Capped ETF
iShares MSCI Turkey ETF
iShares MSCI USA ETF
iShares MSCI World ETF
iShares Trust
iShares 0-5 Year High Yield Corporate Bond ETF
iShares 0-5 Year Investment Grade Corporate Bond ETF
iShares 0-5 Year TIPS Bond ETF
iShares 1-3 Year Credit Bond ETF
iShares 1-3 Year International Treasury Bond ETF
iShares 1-3 Year Treasury Bond ETF
iShares 3-7 Year Treasury Bond ETF
iShares 7-10 Year Treasury Bond ETF
iShares 10+ Year Credit Bond ETF
iShares 10-20 Year Treasury Bond ETF
iShares 20+ Year Treasury Bond ETF
iShares Aaa - A Rated Corporate Bond ETF
iShares Agency Bond ETF
iShares Aggressive Allocation ETF
iShares Asia 50 ETF
iShares Asia Developed Real Estate ETF
iShares B - Ca Rated Corporate Bond ETF
iShares Baa - Ba Rated Corporate Bond ETF
iShares California AMT-Free Muni Bond ETF
iShares China Large-Cap ETF
iShares CMBS ETF
iShares Cohen & Steers REIT ETF
iShares Conservative Allocation ETF
iShares Core Dividend Growth ETF
iShares Core GNMA Bond ETF
iShares Core High Dividend ETF
iShares Core Long-Term USD Bond ETF
iShares Core MSCI EAFE ETF
iShares Core MSCI Europe ETF
iShares Core MSCI Pacific ETF
iShares Core MSCI Total International Stock ETF
iShares Core S&P 500 ETF
iShares Core S&P Mid-Cap ETF
iShares Core S&P Small-Cap ETF
iShares Core S&P Total U.S. Stock Market ETF
iShares Core Short-Term USD Bond ETF
iShares Core Total USD Bond Market ETF
iShares Core U.S. Aggregate Bond ETF
iShares Core U.S. Credit Bond ETF
iShares Core U.S. Growth ETF
iShares Core U.S. Treasury Bond ETF
iShares Core U.S. Value ETF
iShares Currency Hedged MSCI EAFE ETF
iShares Currency Hedged MSCI EMU ETF
iShares Currency Hedged MSCI Germany ETF
iShares Currency Hedged MSCI Japan ETF
iShares Dow Jones U.S. ETF
iShares Emerging Markets Infrastructure ETF
iShares Europe Developed Real Estate ETF
iShares Europe ETF
iShares Financials Bond ETF
iShares Floating Rate Bond ETF
iShares FTSE China ETF
iShares Global 100 ETF
iShares Global Clean Energy ETF
iShares Global Consumer Discretionary ETF
iShares Global Consumer Staples ETF
iShares Global Energy ETF
iShares Global Financials ETF
iShares Global Healthcare ETF
iShares Global Industrials ETF
iShares Global Inflation-Linked Bond ETF
iShares Global Infrastructure ETF
iShares Global Materials ETF
iShares Global Nuclear Energy ETF
iShares Global REIT ETF
iShares Global Tech ETF
iShares Global Telecom ETF
iShares Global Timber & Forestry ETF
iShares Global Utilities ETF
iShares Government/Credit Bond ETF
iShares Growth Allocation ETF
iShares Human Rights ETF
iShares iBonds Dec 2016 Corporate ETF
iShares iBonds Dec 2018 Corporate ETF
iShares iBonds Mar 2016 Corporate ETF
iShares iBonds Mar 2018 Corporate ETF
iShares iBonds Mar 2020 Corporate ETF
iShares iBonds Mar 2023 Corporate ETF
iShares iBonds Mar 2016 Corporate ex-Financials ETF
iShares iBonds Mar 2018 Corporate ex-Financials ETF
iShares iBonds Mar 2020 Corporate ex-Financials ETF
iShares iBonds Mar 2023 Corporate ex-Financials ETF
iShares iBonds Sep 2015 AMT-Free Muni Bond ETF
iShares iBonds Sep 2016 AMT-Free Muni Bond ETF
iShares iBonds Sep 2017 AMT-Free Muni Bond ETF
iShares iBonds Sep 2018 AMT-Free Muni Bond ETF
iShares iBonds Sep 2019 AMT-Free Muni Bond ETF
iShares iBonds Sep 2020 AMT-Free Muni Bond ETF
iShares iBoxx $ High Yield Corporate Bond ETF
iShares iBoxx $ Investment Grade Corporate Bond ETF
iShares India 50 ETF
iShares Industrial/Office Real Estate Capped ETF
iShares Industrials Bond ETF
iShares Intermediate Credit Bond ETF
iShares Intermediate Government/Credit Bond ETF
iShares International Developed Property ETF
iShares International Developed Real Estate ETF
iShares International Inflation-Linked Bond ETF
iShares International Preferred Stock ETF
iShares International Select Dividend ETF
iShares International Treasury Bond ETF
iShares Japan Large-Cap ETF
iShares J.P. Morgan USD Emerging Markets Bond ETF
iShares Latin America 40 ETF
iShares MBS ETF
iShares Micro-Cap ETF
iShares Moderate Allocation ETF
iShares Morningstar Large-Cap ETF
iShares Morningstar Large-Cap Growth ETF
iShares Morningstar Large-Cap Value ETF
iShares Morningstar Mid-Cap ETF
iShares Morningstar Mid-Cap Growth ETF
iShares Morningstar Mid-Cap Value ETF
iShares Morningstar Multi-Asset Income ETF
iShares Morningstar Small-Cap ETF
iShares Morningstar Small-Cap Growth ETF
iShares Morningstar Small-Cap Value ETF
iShares Mortgage Real Estate Capped ETF
iShares MSCI ACWI ETF
iShares MSCI ACWI ex U.S. ETF
iShares MSCI All Country Asia ex Japan ETF
iShares MSCI All Country Asia ex Japan Small-Cap ETF
iShares MSCI All Country Asia Information Technology ETF
iShares MSCI All Peru Capped ETF
iShares MSCI Asia ex Japan Minimum Volatility ETF
iShares MSCI Australia Small-Cap ETF
iShares MSCI Brazil Small-Cap ETF
iShares MSCI Canada Small-Cap ETF
iShares MSCI China ETF
iShares MSCI China Small-Cap ETF
iShares MSCI Denmark Capped ETF
iShares MSCI EAFE ETF
iShares MSCI EAFE Growth ETF
iShares MSCI EAFE Minimum Volatility ETF
iShares MSCI EAFE Small-Cap ETF
iShares MSCI EAFE Value ETF
iShares MSCI Emerging Markets Financials ETF
iShares MSCI Emerging Markets Latin America ETF
iShares MSCI Emerging Markets Materials ETF
iShares MSCI Europe Financials ETF
iShares MSCI Europe Minimum Volatility ETF
iShares MSCI Europe Small-Cap ETF
iShares MSCI Far East Financials ETF
iShares MSCI Finland Capped ETF
iShares MSCI Germany Small-Cap ETF
iShares MSCI Hong Kong Small-Cap ETF
iShares MSCI India ETF
iShares MSCI India Small-Cap ETF
iShares MSCI Indonesia ETF
iShares MSCI Ireland Capped ETF
iShares MSCI Japan Minimum Volatility ETF
iShares MSCI KLD 400 Social ETF
iShares MSCI Kokusai ETF
iShares MSCI New Zealand Capped ETF
iShares MSCI Norway Capped ETF
iShares MSCI Philippines ETF
iShares MSCI Poland Capped ETF
iShares MSCI Qatar Capped ETF
iShares MSCI Singapore Small-Cap ETF
iShares MSCI UAE Capped ETF
iShares MSCI United Kingdom ETF
iShares MSCI United Kingdom Small-Cap ETF
iShares MSCI USA ESG Select ETF
iShares MSCI USA Minimum Volatility ETF
iShares MSCI USA Momentum Factor ETF
iShares MSCI USA Quality Factor ETF
iShares MSCI USA Size Factor ETF
iShares MSCI USA Value Factor ETF
iShares Nasdaq Biotechnology ETF
iShares National AMT-Free Muni Bond ETF
iShares New York AMT-Free Muni Bond ETF
iShares North America Real Estate ETF
iShares North American Natural Resources ETF
iShares North American Tech ETF
iShares North American Tech-Multimedia Networking ETF
iShares North American Tech-Software ETF
iShares NYSE 100 ETF
iShares NYSE Composite ETF
iShares PHLX Semiconductor ETF
iShares Real Estate 50 ETF
iShares Residential Real Estate Capped ETF
iShares Retail Real Estate Capped ETF
iShares Russell 1000 ETF
iShares Russell 1000 Growth ETF
iShares Russell 1000 Value ETF
iShares Russell 2000 ETF
iShares Russell 2000 Growth ETF
iShares Russell 2000 Value ETF
iShares Russell 3000 ETF
iShares Russell Mid-Cap ETF
iShares Russell Mid-Cap Growth ETF
iShares Russell Mid-Cap Value ETF
iShares Russell Top 200 ETF
iShares Russell Top 200 Growth ETF
iShares Russell Top 200 Value ETF
iShares S&P 100 ETF
iShares S&P 500 Growth ETF
iShares S&P 500 Value ETF
iShares S&P Mid-Cap 400 Growth ETF
iShares S&P Mid-Cap 400 Value ETF
iShares S&P Small-Cap 600 Growth ETF
iShares S&P Small-Cap 600 Value ETF
iShares Select Dividend ETF
iShares Short Treasury Bond ETF
iShares Short-Term National AMT-Free Muni Bond ETF
iShares Target Date 2010 ETF
iShares Target Date 2015 ETF
iShares Target Date 2020 ETF
iShares Target Date 2025 ETF
iShares Target Date 2030 ETF
iShares Target Date 2035 ETF
iShares Target Date 2040 ETF
iShares Target Date 2045 ETF
iShares Target Date 2050 ETF
iShares Target Date Retirement Income ETF
iShares TIPS Bond ETF
iShares Transportation Average ETF
iShares Treasury Floating Rate Bond ETF
iShares U.S. Aerospace & Defense ETF
iShares U.S. Basic Materials ETF
iShares U.S. Broker-Dealers ETF
iShares U.S. Consumer Goods ETF
iShares U.S. Consumer Services ETF
iShares U.S. Energy ETF
iShares U.S. Financial Services ETF
iShares U.S. Financials ETF
iShares U.S. Healthcare ETF
iShares U.S. Healthcare Providers ETF
iShares U.S. Home Construction ETF
iShares U.S. Industrials ETF
iShares U.S. Insurance ETF
iShares U.S. Medical Devices ETF
iShares U.S. Oil & Gas Exploration & Production ETF
iShares U.S. Oil Equipment & Services ETF
iShares U.S. Pharmaceuticals ETF
iShares U.S. Preferred Stock ETF
iShares U.S. Real Estate ETF
iShares U.S. Regional Banks ETF
iShares U.S. Technology ETF
iShares U.S. Telecommunications ETF
iShares U.S. Utilities ETF
iShares Utilities Bond ETF
iShares Yield Optimized Bond ETF
iShares MSCI Russia Capped ETF, Inc.
iShares MSCI Russia Capped ETF
iShares U.S. ETF Trust
iShares Enhanced International Large-Cap ETF
iShares Enhanced International Small-Cap ETF
iShares Enhanced U.S. Large-Cap ETF
iShares Enhanced U.S. Small-Cap ETF
iShares Interest Rate Hedged Corporate Bond ETF
iShares Interest Rate Hedged High Yield Bond ETF
iShares Liquidity Income ETF
iShares Short Maturity Bond ETF
Approved by the Boards of Trustees of iShares Trust and iShares U.S. ETF Trust, and by the Board of Directors of iShares, Inc. on September 10-11, 2014 and by the Board of Directors of iShares MSCI Russia Capped ETF, Inc. on September 11-12, 2013.