Fund | Ticker | Stock Exchange | ||
iShares MSCI Russia Capped ETF (the “Fund”) | ERUS | NYSE Arca |
• | The Fund generally supports the board’s nominees in the election of directors and generally supports proposals that strengthen the independence of boards of directors; |
• | When a director has committed himself or herself to service on more than four public company boards (but no more than six public company boards in most circumstances), the Fund will consider such director’s individual circumstances in determining whether the director will be able to commit sufficient focus and time to a particular company; |
• | The Fund generally defers to an issuer’s choice of auditors so long as the corporate auditors represent the interests of shareholders and provide an independent view of the propriety of financial reporting decisions of management; |
• | The Fund generally favors disclosure of a company’s compensation and benefits policies and opposes excessive compensation, but believes that compensation matters are normally best determined by a company’s board of directors; |
• | The Fund generally expects to support capital structure requests that it believes enhance the rights of common shareholders and oppose requests that appear to be unreasonably dilutive; |
• | The Fund generally does not support proposals on social issues that lack a demonstrable economic benefit to the issuer and the Fund investing in such issuer; and |
• | The Fund generally votes against anti-takeover proposals and proposals that would create additional barriers or costs to corporate transactions that are likely to deliver a premium to shareholders. |
• | MSCI Global Standard Indexes cover all investable large- and mid-cap securities by including approximately 85% of each market's free float-adjusted market capitalization. |
• | MSCI Global Small Cap Indexes provide coverage to all companies with a market capitalization below that of the companies in the MSCI Global Standard Indexes by including above and beyond the coverage of the MSCI Global Standard Indexes. |
• | Achieving global size integrity by ensuring that companies of comparable and relevant sizes are included in a given size segment across all markets in a composite index; and |
• | Achieving consistent market coverage by ensuring that each market's size segment is represented in its proportional weight in the composite universe. |
• | Semi-Annual Index Reviews (“SAIRs”), conducted on a fixed semi-annual timetable that systematically reassess the various dimensions of the equity universe for all markets; |
• | Quarterly Index Reviews (“QIRs”), aimed at promptly reflecting other significant market events; and |
• | Ongoing event-related changes, such as mergers, acquisitions, spin-offs, bankruptcies, reorganizations and other similar corporate events, which generally are implemented in the indexes as they occur. |
1. | Concentrate its investments (i.e., invest 25% or more of its total assets in the securities of a particular industry or group of industries), except that the Fund will concentrate to approximately the same extent that the Underlying Index concentrates in the securities of such particular industry or group of industries. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities), repurchase agreements collateralized by U.S. government securities, and securities of state or municipal governments and their political subdivisions are not considered to be issued by members of any industry. |
2. | Borrow money, except that (i) the Fund may borrow from banks for temporary or emergency (not leveraging) purposes, including the meeting of redemption requests which might otherwise require the untimely disposition of securities; and (ii) the Fund may, to the extent consistent with its investment policies, enter into repurchase agreements, reverse repurchase agreements, forward roll transactions and similar investment strategies and techniques. To the extent that it engages in transactions described in (i) and (ii), the Fund will be limited so that no more than 33 1/3% of the value of its total assets (including the amount borrowed) is derived from such transactions. Any borrowings which come to exceed this amount will be reduced in accordance with applicable law. |
3. | Issue any senior security, except as permitted under the 1940 Act, as interpreted, modified or otherwise permitted by regulatory authority having jurisdiction, from time to time. |
4. | Make loans, except as permitted under the 1940 Act, as interpreted, modified or otherwise permitted by regulatory authority having jurisdiction, from time to time. |
5. | Purchase or sell real estate unless acquired as a result of ownership of securities or other instruments (but this restriction shall not prevent the Fund from investing in securities of companies engaged in the real estate business or securities or other instruments backed by real estate or mortgages), or commodities or commodity contracts (but this restriction shall not prevent the Fund from trading in futures contracts and options on futures contracts, including options on currencies to the extent consistent with the Fund’s investment objective and policies). |
6. | Engage in the business of underwriting securities issued by other persons, except to the extent that the Fund may technically be deemed to be an underwriter under the 1933 Act, in disposing of portfolio securities. |
• | The frequency of trades and quotes for the security; |
• | The number of dealers wishing to purchase or sell the security and the number of other potential purchasers; |
• | Dealer undertakings to make a market in the security; and |
• | The nature of the security and the nature of the marketplace in which it trades (e.g., the time needed to dispose of the security, the method of soliciting offers and the mechanics of transfer). |
Name (Age) | Position | Principal
Occupation(s) During the Past 5 Years |
Other
Directorships Held by Director | |||
Robert
S. Kapito1 (57) |
Director
(since 2009). |
President and Director, BlackRock, Inc. (since 2006); Vice Chairman of BlackRock, Inc. and Head of BlackRock, Inc.’s Portfolio Management Group (since its formation in 1998) and BlackRock, Inc.’s predecessor entities (since 1988); Trustee, University of Pennsylvania (since 2009); President of Board of Directors, Hope & Heroes Children’s Cancer Fund (since 2002); President of the Board of Directors, Periwinkle Theatre for Youth (since 1983). | Trustee of iShares Trust (since 2009); Director of iShares MSCI Russia Capped ETF, Inc. (since 2010); Trustee of iShares U.S. ETF Trust (since 2011); Director of BlackRock, Inc. (since 2006). | |||
Mark
Wiedman2 (43) |
Director (since 2013). | Managing Director, BlackRock, Inc. (since 2007); Global Head of iShares (since 2011); Head of Corporate Strategy, BlackRock, Inc. (2009-2011). | Trustee of iShares Trust (since 2013); Director of iShares MSCI Russia Capped ETF, Inc. (since 2013); Trustee of iShares U.S. ETF Trust (since 2013); Director of PennyMac Financial Services, Inc. (since 2008). |
1 | Robert S. Kapito is deemed to be an “interested person” (as defined in the 1940 Act) of the Company due to his affiliations with BlackRock, Inc. |
2 | Mark Wiedman is deemed to be an “interested person” (as defined in the 1940 Act) of the Company due to his affiliations with BlackRock, Inc. and its affiliates. |
Name (Age) | Position | Principal
Occupation(s) During the Past 5 Years |
Other
Directorships Held by Director | |||
Robert
H. Silver (59) |
Director
(since 2007); Independent Chairman (since 2012). |
President and Co-Founder of The Bravitas Group, Inc. (since 2006); Director and Vice Chairman of the YMCA of Greater NYC (2001-2011); Broadway Producer (2006-2011); Co-Founder and Vice President of Parentgiving Inc. (since 2008); Director and Member of the Audit and Compensation Committee of EPAM Systems, Inc. (2006-2009); President and Chief Operating Officer of UBS Financial Services Inc. (formerly Paine Webber Inc.) (2003-2005) and various executive positions with UBS and its affiliates (1988-2005); CPA and Audit Manager of KPMG, LLP (formerly Peat Marwick Mitchell) (1977-1983). | Trustee of iShares Trust (since 2007); Director of iShares MSCI Russia Capped ETF, Inc. (since 2010); Trustee of iShares U.S. ETF Trust (since 2011); Independent Chairman of iShares Trust, iShares MSCI Russia Capped ETF, Inc. and iShares U.S. ETF Trust (since 2012). | |||
George
G.C. Parker (75) |
Director
(since 2002). |
Dean Witter Distinguished Professor of Finance, Emeritus, Stanford University Graduate School of Business (Professor since 1973; Emeritus since 2006). | Trustee of iShares Trust (since 2000); Director of iShares MSCI Russia Capped ETF, Inc. (since 2010); Trustee of iShares U.S. ETF Trust (since 2011); Director of Tejon Ranch Company (since 1999); Director of Threshold Pharmaceuticals (since 2004); Director of Colony Financial, Inc. (since 2009); Director of First Republic Bank (since 2010). | |||
John
E. Martinez (53) |
Director
(since 2003); Securities Lending Committee Chair (since 2012). |
Director of FirstREX Agreement Corp. (formerly EquityRock, Inc.) (since 2005). | Trustee of iShares Trust (since 2003); Director of iShares MSCI Russia Capped ETF, Inc. (since 2010); Trustee of iShares U.S. ETF Trust (since 2011). | |||
Cecilia
H. Herbert (65) |
Director
(since 2005); Nominating and Governance Committee Chair and Equity Plus Committee Chair (since 2012). |
Director (1998-2013) and President (2007-2011) of the Board of Directors, Catholic Charities CYO; Trustee (2002-2011) and Chair of the Finance and Investment Committee (2006-2010) of the Thacher School; Member (since 1992) and Chair (1994-2005) of the Investment Committee, Archdiocese of San Francisco; Trustee and Member of the Investment Committee, WNET, the New York public broadcasting/media company (since 2011). | Trustee of iShares Trust (since 2005); Director of iShares MSCI Russia Capped ETF, Inc. (since 2010); Trustee of iShares U.S. ETF Trust (since 2011); Director of Forward Funds (34 portfolios) (since 2009). |
Name (Age) | Position | Principal
Occupation(s) During the Past 5 Years |
Other
Directorships Held by Director | |||
Charles
A. Hurty (71) |
Director
(since 2005); Audit Committee Chair (since 2006). |
Retired; Partner, KPMG LLP (1968-2001). | Trustee of iShares Trust (since 2005); Director of iShares MSCI Russia Capped ETF, Inc. (since 2010); Trustee of iShares U.S. ETF Trust (since 2011); Director of GMAM Absolute Return Strategy Fund (1 portfolio) (since 2002); Director of SkyBridge Alternative Investments Multi-Adviser Hedge Fund Portfolios LLC (2 portfolios) (since 2002). | |||
John
E. Kerrigan (59) |
Director
(since 2005); Fixed Income Plus Committee Chair (since 2012). |
Chief Investment Officer, Santa Clara University (since 2002). | Trustee of iShares Trust (since 2005); Director of iShares MSCI Russia Capped ETF, Inc. (since 2010); Trustee of iShares U.S. ETF Trust (since 2011). | |||
Madhav
V. Rajan (50) |
Director
(since 2011); 15(c) Committee Chair (since 2012). |
Robert K. Jaedicke Professor of Accounting and Senior Associate Dean for Academic Affairs and Head of MBA Program, Stanford University Graduate School of Business (since 2001); Professor of Law (by courtesy), Stanford Law School (since 2005); Visiting Professor, University of Chicago (2007-2008). | Trustee of iShares Trust (since 2011); Director of iShares MSCI Russia Capped ETF, Inc. (since 2011); Trustee of iShares U.S. ETF Trust (since 2011). |
Name (Age) | Position | Principal
Occupation(s) During the Past 5 Years | ||
Manish
Mehta (43) |
President (since 2013). | Managing Director, BlackRock, Inc. (since 2009); Chief Operating Officer for iShares (since 2009); Head of Strategy and Corporate Development, BGI (2005-2009); Chief of Staff to the CEO, BGI (2005-2009). | ||
Jack
Gee (55) |
Treasurer
and Chief Financial Officer (since 2008). |
Managing Director, BlackRock, Inc. (since 2009); Senior Director of Fund Administration of Intermediary Investor Business, BGI (2009); Director of Fund Administration of Intermediary Investor Business, BGI (2004-2009). |
Name (Age) | Position | Principal
Occupation(s) During the Past 5 Years | ||
Eilleen
M. Clavere (62) |
Secretary
(since 2007). |
Director of Global Fund Administration, BlackRock, Inc. (since 2009); Director of Legal Administration of Intermediary Investor Business, BGI (2006-2009); Legal Counsel and Vice President of Atlas Funds, Atlas Advisers, Inc. and Atlas Securities, Inc. (2005-2006); Counsel at Kirkpatrick & Lockhart LLP (2001-2005). | ||
Edward
B. Baer (46) |
Vice
President and Chief Legal Officer (since 2012). |
Managing Director of Legal & Compliance, BlackRock, Inc. (since 2006); Director of Legal & Compliance, BlackRock, Inc. (2004-2006). | ||
Scott
Radell (45) |
Executive
Vice President (since 2012). |
Managing Director, BlackRock, Inc. (since 2009); Head of Portfolio Solutions, BlackRock, Inc. (since 2009); Head of Portfolio Solutions, BGI (2007-2009); Credit Portfolio Manager, BGI (2005-2007); Credit Research Analyst, BGI (2003-2005). | ||
Amy
Schioldager (52) |
Executive
Vice President (since 2007). |
Senior Managing Director, BlackRock, Inc. (since 2009); Global Head of Index Equity, BGI (2008-2009); Global Head of U.S. Indexing, BGI (2006-2008); Head of Domestic Equity Portfolio Management, BGI (2001-2006). | ||
Ira
P. Shapiro (51) |
Vice
President (since 2007). |
Managing Director, BlackRock, Inc. (since 2009); Head of Strategic Product Initiatives for iShares (since 2012); Chief Legal Officer, Exchange-Traded Fund Complex (2007-2012); Associate General Counsel, BGI (2004-2009). |
Name of Director | Fund | Dollar
Range of Equity Securities in the Fund |
Aggregate
Dollar Range of Equity Securities in all Registered Investment Companies Overseen by Director in Family of Investment Companies | |||
Robert S. Kapito | None | None | None | |||
Mark Wiedman1 | iShares Core MSCI EAFE ETF | Over $100,000 | Over $100,000 | |||
iShares Core MSCI Emerging Markets ETF | $50,001-$100,000 | |||||
iShares Core S&P Total U.S. Stock Market ETF | $50,001-$100,000 | |||||
Robert H. Silver | iShares iBonds Sep 2015 AMT-Free Muni Bond ETF | Over $100,000 | Over $100,000 | |||
iShares iBonds Sep 2016 AMT-Free Muni Bond ETF | Over $100,000 | |||||
iShares iBonds Sep 2017 AMT-Free Muni Bond ETF | Over $100,000 | |||||
iShares iBonds Sep 2018 AMT-Free Muni Bond ETF | Over $100,000 | |||||
iShares Core High Dividend ETF | Over $100,000 | |||||
iShares Core MSCI EAFE ETF | Over $100,000 | |||||
iShares Core MSCI Emerging Markets ETF | Over $100,000 | |||||
iShares Core MSCI Total International Stock ETF | Over $100,000 | |||||
iShares Core S&P 500 ETF | Over $100,000 | |||||
iShares Core S&P Mid-Cap ETF | Over $100,000 | |||||
iShares Core S&P Small-Cap ETF | Over $100,000 | |||||
iShares Core S&P Total U.S. Stock Market ETF | Over $100,000 | |||||
iShares iBoxx $ Investment Grade Corporate Bond ETF | Over $100,000 |
Name of Director | Fund | Dollar
Range of Equity Securities in the Fund |
Aggregate
Dollar Range of Equity Securities in all Registered Investment Companies Overseen by Director in Family of Investment Companies | |||
iShares J.P. Morgan USD Emerging Markets Bond ETF | $1-$10,000 | |||||
iShares MSCI ACWI ex U.S. ETF | $1-$10,000 | |||||
iShares MSCI BRIC ETF | $10,001-$50,000 | |||||
iShares MSCI Emerging Markets ETF | $1-$10,000 | |||||
iShares MSCI Frontier 100 ETF | $50,001-$100,000 | |||||
iShares National AMT-Free Muni Bond ETF | Over $100,000 | |||||
iShares Russell 1000 Growth ETF | Over $100,000 | |||||
iShares Russell 1000 Value ETF | Over $100,000 | |||||
iShares Russell 2000 ETF | $10,001-$50,000 | |||||
iShares Russell 2000 Growth ETF | Over $100,000 | |||||
iShares Russell 2000 Value ETF | Over $100,000 | |||||
iShares Russell 3000 ETF | Over $100,000 | |||||
iShares Russell Mid-Cap Growth ETF | $1-$10,000 | |||||
iShares Russell Mid-Cap Value ETF | $1-$10,000 | |||||
iShares Select Dividend ETF | $10,001-$50,000 | |||||
iShares U.S. Broker-Dealers ETF | Over $100,000 | |||||
iShares U.S. Financial Services ETF | $50,001-$100,000 | |||||
iShares U.S. Preferred Stock ETF | Over $100,000 | |||||
iShares U.S. Regional Banks ETF | Over $100,000 | |||||
iShares U.S. Technology ETF | $50,001-$100,000 | |||||
George G.C. Parker | iShares California AMT-Free Muni Bond ETF | Over $100,000 | Over $100,000 | |||
iShares Core S&P 500 ETF | Over $100,000 | |||||
iShares Core U.S. Aggregate Bond ETF | $10,001-$50,000 | |||||
iShares iBoxx $ Investment Grade Corporate Bond ETF | Over $100,000 | |||||
iShares MSCI EAFE ETF | Over $100,000 | |||||
iShares S&P 100 ETF | Over $100,000 | |||||
iShares Select Dividend ETF | Over $100,000 | |||||
John E. Martinez | iShares Core MSCI Emerging Markets ETF | $50,001-$100,000 | Over $100,000 | |||
iShares Core S&P 500 ETF | Over $100,000 | |||||
iShares Emerging Markets Infrastructure ETF | Over $100,000 | |||||
iShares Global Consumer Staples ETF | Over $100,000 | |||||
iShares MSCI All Country Asia ex Japan ETF | Over $100,000 | |||||
iShares MSCI EAFE ETF | Over $100,000 | |||||
iShares Russell 1000 ETF | Over $100,000 |
Name of Director | Fund | Dollar
Range of Equity Securities in the Fund |
Aggregate
Dollar Range of Equity Securities in all Registered Investment Companies Overseen by Director in Family of Investment Companies | |||
iShares Russell 1000 Value ETF | Over $100,000 | |||||
iShares Russell 2000 ETF | Over $100,000 | |||||
iShares TIPS Bond ETF | Over $100,000 | |||||
Cecilia H. Herbert | iShares China Large-Cap ETF | Over $100,000 | Over $100,000 | |||
iShares Core MSCI Emerging Markets ETF | $10,001-$50,000 | |||||
iShares Core MSCI Total International Stock ETF | $10,001-$50,000 | |||||
iShares Core S&P Total U.S. Stock Market ETF | $10,001-$50,000 | |||||
iShares iBoxx $ High Yield Corporate Bond ETF | $10,001-$50,000 | |||||
iShares International Select Dividend ETF | $1-$10,000 | |||||
iShares MSCI EAFE ETF | $10,001-$50,000 | |||||
iShares MSCI Emerging Markets ETF | $1-$10,000 | |||||
iShares MSCI Japan ETF | $10,001-$50,000 | |||||
iShares National AMT-Free Muni Bond ETF | $10,001-$50,000 | |||||
iShares U.S. Preferred Stock ETF | $10,001-$50,000 | |||||
Charles A. Hurty | iShares China Large-Cap ETF | $10,001-$50,000 | Over $100,000 | |||
iShares Core High Dividend ETF | $10,001-$50,000 | |||||
iShares Core MSCI Emerging Markets ETF | $50,001-$100,000 | |||||
iShares Core S&P 500 ETF | $10,001-$50,000 | |||||
iShares Global Energy ETF | $10,001-$50,000 | |||||
iShares Global Tech ETF | $10,001-$50,000 | |||||
iShares MSCI EAFE ETF | $10,001-$50,000 | |||||
iShares MSCI Japan ETF | $10,001-$50,000 | |||||
iShares North American Tech-Multimedia Networking ETF | $1-$10,000 | |||||
iShares U.S. Energy ETF | $10,001-$50,000 | |||||
iShares U.S. Financials ETF | $1-$10,000 | |||||
iShares U.S. Technology ETF | $50,001-$100,000 | |||||
John E. Kerrigan | iShares MSCI ACWI ex U.S. ETF | Over $100,000 | Over $100,000 | |||
iShares Short-Term National AMT-Free Muni Bond ETF | Over $100,000 | |||||
Madhav V. Rajan | iShares Core High Dividend ETF | Over $100,000 | Over $100,000 | |||
iShares Core MSCI Emerging Markets ETF | Over $100,000 | |||||
iShares Core S&P 500 ETF | Over $100,000 | |||||
iShares iBoxx $ High Yield Corporate Bond ETF | $50,001-$100,000 |
Name of Director | Fund | Dollar
Range of Equity Securities in the Fund |
Aggregate
Dollar Range of Equity Securities in all Registered Investment Companies Overseen by Director in Family of Investment Companies | |||
iShares iBoxx $ Investment Grade Corporate Bond ETF | Over $100,000 | |||||
iShares Select Dividend ETF | Over $100,000 |
Name of Director | iShares
MSCI Russia Capped ETF |
Pension
or Retirement Benefits Accrued As Part of Company Expenses3 |
Estimated
Annual Benefits Upon Retirement3 |
Total
Compensation From the Fund and Fund Complex4 | ||||
Independent Directors: | ||||||||
Robert H. Silver | $ 129 | Not Applicable | Not Applicable | $ 325,000 | ||||
George G.C. Parker | 110 | Not Applicable | Not Applicable | 275,000 | ||||
John E. Martinez | 116 | Not Applicable | Not Applicable | 290,000 | ||||
Cecilia H. Herbert | 121 | Not Applicable | Not Applicable | 305,000 | ||||
Charles A. Hurty | 125 | Not Applicable | Not Applicable | 315,000 | ||||
John E. Kerrigan | 116 | Not Applicable | Not Applicable | 315,882 | ||||
Madhav V. Rajan | 116 | Not Applicable | Not Applicable | 301,765 | ||||
Interested Directors: | ||||||||
Robert S. Kapito | $ 0 | Not Applicable | Not Applicable | $ 0 | ||||
Mark Wiedman1 | 0 | Not Applicable | Not Applicable | 0 |
Name of Director | iShares
MSCI Russia Capped ETF |
Pension
or Retirement Benefits Accrued As Part of Company Expenses3 |
Estimated
Annual Benefits Upon Retirement3 |
Total
Compensation From the Fund and Fund Complex4 | ||||
Michael Latham2 | 0 | Not Applicable | Not Applicable | 0 |
1 | Appointed to serve as an Interested Director effective December 31, 2013. |
2 | Served as an Interested Director through December 31, 2013. |
3 | No Director or officer is entitled to any pension or retirement benefits from the Company. |
4 | Includes compensation for service on the Boards of Trustees of iShares Trust and iShares U.S. ETF Trust and the Board of Directors of iShares MSCI Russia Capped ETF, Inc. |
Name and Address | Percentage
of Ownership | |
State
Street Bank and Trust Company 1776 Heritage Drive North Quincy, MA 02171 |
21.14% | |
JPMorgan
Chase Bank, National Association 14201 Dallas Pkwy 12th Floor Dallas, TX 75240 |
20.23% | |
Charles
Schwab & Co., Inc. 111 Pavonia Avenue Jersey City, NJ 07310 |
7.20% | |
Brown
Brothers Harriman & Co. 525 Washington Blvd. 11th Floor Jersey City, NJ 07310 |
7.15% | |
Citibank,
N.A. 3800 CitiBank Center Tampa Building A/Floor 2 Tampa, FL 33610 |
5.25% |
Management
Fee |
Predecessor
Fund Inception Date |
Management
Fees Paid for Fiscal Year Ended August 31, 2014 |
Management
Fees Paid for Fiscal Year Ended August 31, 2013 |
Management
Fees Paid for Fiscal Year Ended August 31, 2012 | ||||
0.62% | 11/09/10 | $1,894,067 | $1,378,297 | $684,597 |
Christopher Bliss | ||||
Types of Accounts | Number | Total Assets | ||
Registered Investment Companies | 50 | $ 91,012,000,000 | ||
Other Pooled Investment Vehicles | 297 | 809,220,000,000 | ||
Other Accounts | 305 | 490,000,000,000 | ||
Accounts with Incentive-Based Fee Arrangements | 0 | N/A |
Matthew Goff | ||||
Types of Accounts | Number | Total Assets | ||
Registered Investment Companies | 258 | $595,000,000,000 | ||
Other Pooled Investment Vehicles | 0 | N/A | ||
Other Accounts | 2 | 200,000,000 | ||
Accounts with Incentive-Based Fee Arrangements | 0 | N/A |
Diane Hsiung | ||||
Types of Accounts | Number | Total Assets | ||
Registered Investment Companies | 258 | $595,000,000,000 | ||
Other Pooled Investment Vehicles | 21 | 7,750,000,000 | ||
Other Accounts | 0 | N/A | ||
Accounts with Incentive-Based Fee Arrangements | 0 | N/A |
Jennifer Hsui | ||||
Types of Accounts | Number | Total Assets | ||
Registered Investment Companies | 260 | $595,000,000,000 | ||
Other Pooled Investment Vehicles | 0 | N/A | ||
Other Accounts | 0 | N/A | ||
Accounts with Incentive-Based Fee Arrangements | 0 | N/A |
Greg Savage | ||||
Types of Accounts | Number | Total Assets | ||
Registered Investment Companies | 324 | $660,000,000,000 | ||
Other Pooled Investment Vehicles | 89 | 45,000,000,000 | ||
Other Accounts | 12 | 1,500,000,000 | ||
Accounts with Incentive-Based Fee Arrangements | 0 | N/A |
Christopher Bliss | ||||
Types of Accounts | Number
of Other Accounts with Performance Fees Managed by Portfolio Manager |
Aggregate
of Total Assets | ||
Registered Investment Companies | 0 | N/A | ||
Other Pooled Investment Vehicles | 0 | N/A | ||
Other Accounts | 0 | N/A |
Matthew Goff | ||||
Types of Accounts | Number
of Other Accounts with Performance Fees Managed by Portfolio Manager |
Aggregate
of Total Assets | ||
Registered Investment Companies | 0 | N/A | ||
Other Pooled Investment Vehicles | 0 | N/A | ||
Other Accounts | 0 | N/A |
Diane Hsiung | ||||
Types of Accounts | Number
of Other Accounts with Performance Fees Managed by Portfolio Manager |
Aggregate
of Total Assets | ||
Registered Investment Companies | 0 | N/A | ||
Other Pooled Investment Vehicles | 0 | N/A | ||
Other Accounts | 0 | N/A |
Jennifer Hsui | ||||
Types of Accounts | Number
of Other Accounts with Performance Fees Managed by Portfolio Manager |
Aggregate
of Total Assets | ||
Registered Investment Companies | 0 | N/A | ||
Other Pooled Investment Vehicles | 0 | N/A | ||
Other Accounts | 0 | N/A |
Greg Savage | ||||
Types of Accounts | Number
of Other Accounts with Performance Fees Managed by Portfolio Manager |
Aggregate
of Total Assets | ||
Registered Investment Companies | 0 | N/A | ||
Other Pooled Investment Vehicles | 0 | N/A | ||
Other Accounts | 0 | N/A |
Predecessor Fund Inception Date | Administration,
Custodian, Transfer Agency Expenses Paid During Fiscal Year Ended August 31, 2014 |
Administration,
Custodian, Transfer Agency Expenses Paid During Fiscal Year Ended August 31, 2013 |
Administration,
Custodian, Transfer Agency Expenses Paid During Fiscal Year Ended August 31, 2012 | |||
11/09/10 | $596,265 | $438,949 | $246,675 |
Predecessor Fund Inception Date | Distributor
Compensation Paid During Fiscal Year Ended August 31, 20141 |
Distributor
Compensation Paid During Fiscal Year Ended August 31, 20131 |
Distributor
Compensation Paid From April 1, 2012 to August 31, 20121 |
Distributor
Compensation Paid From Sept. 1, 2011 to March 31, 20122 | ||||
11/09/10 | $6,438 | $7,721 | $ 3,318 | $6,270 |
1 | BRIL served as the distributor to the Predecessor Fund effective April 1, 2012 and to the Fund since its inception. These fees reflect payments made to SEI, acting as an agent of the Distributor. |
2 | SEI served as the distributor to the Predecessor Fund through March 31, 2012. |
Predecessor Fund Inception Date | Brokerage
Commissions Paid During Fiscal Year Ended August 31, 2014 |
Brokerage
Commissions Paid During Fiscal Year Ended August 31, 2013 |
Brokerage
Commissions Paid During Fiscal Year Ended August 31, 2012 | |||
11/09/10 | $26,540 | $35,337 | $27,198 |
Fiscal
Year Ended August 31, 2014 |
Fiscal
Year Ended August 31, 2013 | |
15% | 14% |
Shares
Per Creation Unit |
Value
Per Creation Unit (U.S.$) | |
50,000 | $868,500 |
Standard
Creation Transaction Fee |
Maximum
Additional Charge* | |
$2,300 | 3.0% |
* | As a percentage of the net asset value per Creation Unit. |
Standard
Redemption Transaction Fee |
Maximum
Additional Charge* | |
$2,300 | 2.0% |
* | As a percentage of the net asset value per Creation Unit, inclusive of the standard redemption transaction fee. |
2014 | ||||||
Country | Trade
Date |
Settlement
Date |
Number
of Days to Settle | |||
Russia | 04/25/14 | 05/05/14 | 10 | |||
04/28/14 | 05/06/14 | 8 | ||||
04/29/14 | 05/07/14 | 8 | ||||
06/06/14 | 06/16/14 | 10 | ||||
06/09/14 | 06/17/14 | 8 | ||||
06/10/14 | 06/18/14 | 8 | ||||
12/26/14 | 01/12/15 | 17 | ||||
12/29/14 | 01/13/15 | 15 | ||||
12/30/14 | 01/14/15 | 15 |
2015 | ||||||
Country | Trade
Date |
Settlement
Date |
Number
of Days to Settle | |||
Russia | 12/28/15 | 01/13/16** | 16 | |||
12/29/15 | 01/14/16** | 16 | ||||
12/30/15 | 01/15/16 | 16 |
* | These worst-case redemption cycles are based on information regarding regular holidays, which may be subject to change. Based on changes in holidays, longer (worse) redemption cycles are possible. |
** | Based on expected January holidays in 2016 known at the time of filing of this SAI. |