0001193125-15-251497.txt : 20150807 0001193125-15-251497.hdr.sgml : 20150807 20150713193104 ACCESSION NUMBER: 0001193125-15-251497 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20150714 DATE AS OF CHANGE: 20150713 EFFECTIVENESS DATE: 20150714 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iSHARES INC CENTRAL INDEX KEY: 0000930667 IRS NUMBER: 510396525 STATE OF INCORPORATION: MD FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-97598 FILM NUMBER: 15986259 BUSINESS ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: (415) 670-2000 MAIL ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: ISHARES INC DATE OF NAME CHANGE: 20000516 FORMER COMPANY: FORMER CONFORMED NAME: WEBS INDEX FUND INC DATE OF NAME CHANGE: 19970211 FORMER COMPANY: FORMER CONFORMED NAME: FOREIGN FUND INC DATE OF NAME CHANGE: 19950524 0000930667 S000018069 iShares MSCI BRIC ETF C000050065 iShares MSCI BRIC ETF BKF 0000930667 S000033806 iShares Emerging Markets Local Currency Bond ETF C000104446 iShares Emerging Markets Local Currency Bond ETF LEMB 0000930667 S000034691 iShares MSCI Emerging Markets Growth ETF C000106867 iShares MSCI Emerging Markets Growth ETF EGRW 0000930667 S000034697 iShares MSCI Emerging Markets Asia ETF C000106873 iShares MSCI Emerging Markets Asia ETF EEMA 0000930667 S000034698 iShares MSCI Emerging Markets Value ETF C000106874 iShares MSCI Emerging Markets Value ETF EVAL 0000930667 S000034699 iShares MSCI Emerging Markets Consumer Discretionary ETF C000106875 iShares MSCI Emerging Markets Consumer Discretionary ETF EMDI 0000930667 S000035394 iShares MSCI Emerging Markets EMEA ETF C000108745 iShares MSCI Emerging Markets EMEA ETF EEME 0000930667 S000035749 iShares MSCI Emerging Markets Energy Capped ETF C000109582 iShares MSCI Emerging Markets Energy Capped ETF EMEY 0000930667 S000035880 iShares MSCI Global Silver Miners ETF C000109983 iShares MSCI Global Silver Miners ETF SLVP 0000930667 S000035882 iShares MSCI Global Gold Miners ETF C000109985 iShares MSCI Global Gold Miners ETF RING 0000930667 S000035883 iShares MSCI Global Agriculture Producers ETF C000109986 iShares MSCI Global Agriculture Producers ETF VEGI 0000930667 S000035884 iShares MSCI Global Energy Producers ETF C000109987 iShares MSCI Global Energy Producers ETF FILL 0000930667 S000035885 iShares MSCI Global Metals & Mining Producers ETF C000109988 iShares MSCI Global Metals & Mining Producers ETF PICK 0000930667 S000036004 iShares Emerging Markets Dividend ETF C000110341 iShares Emerging Markets Dividend ETF DVYE 0000930667 S000036005 iShares MSCI Frontier 100 ETF C000110342 iShares MSCI Frontier 100 ETF FM 0000930667 S000036776 iShares Emerging Markets Corporate Bond ETF C000112502 iShares Emerging Markets Corporate Bond ETF CEMB 0000930667 S000036777 iShares Emerging Markets High Yield Bond ETF C000112503 iShares Emerging Markets High Yield Bond ETF EMHY 0000930667 S000036906 iShares Global High Yield Corporate Bond ETF C000112949 iShares Global High Yield Corporate Bond ETF GHYG 0000930667 S000036907 iShares Global ex USD High Yield Corporate Bond ETF C000112950 iShares Global ex USD High Yield Corporate Bond ETF HYXU 0000930667 S000037851 iShares Latin America Bond ETF C000116781 iShares Latin America Bond ETF LTAM 0000930667 S000038923 iShares Core MSCI Emerging Markets ETF C000119708 iShares Core MSCI Emerging Markets ETF IEMG 0000930667 S000040976 iShares MSCI Colombia Capped ETF C000127144 iShares MSCI Colombia Capped ETF ICOL 0000930667 S000045639 iShares Currency Hedged MSCI Emerging Markets ETF C000141922 iShares Currency Hedged MSCI Emerging Markets ETF HEEM 0000930667 S000047227 iShares MSCI Russia Capped ETF C000147985 iShares MSCI Russia Capped ETF ERUS 0000930667 S000047938 iShares MSCI Emerging Workforce ETF C000150699 iShares MSCI Emerging Workforce ETF EMWK 497 1 d939938d497.htm FORM 497 XBRL Form 497 XBRL

July 13, 2015

Securities and Exchange Commission

100 F Street, N.E.

Washington, DC 20549

 

RE: iShares, Inc. (the “Registrant”)

Securities Act File No. 33-97598

Investment Company Act File No. 811-09102

Ladies and Gentlemen:

On behalf of the Registrant and pursuant to Rule 497 under the Securities Act of 1933, as amended, attached for filing are exhibits containing interactive data format risk/return summary information that mirrors the risk/return summary information in the 497 filing, dated June 22, 2015 to the prospectuses for various iShares Funds. The purpose of this filing is to submit the 497 dated June 22, 2015 in XBRL.

If you have any questions regarding this filing, please contact Benjamin Haskin of Willkie Farr & Gallagher LLP at (202) 303-1124.

Very truly yours,

/s/ Sarah Coutu                                

Sarah Coutu

 

cc: Benjamin Haskin, Esq.
EX-101.INS 2 isi-20150622.xml XBRL INSTANCE DOCUMENT 0000930667 isi:S000036776Member 2014-06-23 2015-06-22 0000930667 2014-06-23 2015-06-22 0000930667 isi:S000036777Member 2014-06-23 2015-06-22 0000930667 isi:S000036907Member 2014-06-23 2015-06-22 0000930667 isi:S000036776Member isi:C000112502Member 2014-06-23 2015-06-22 0000930667 isi:S000033806Member 2014-06-23 2015-06-22 0000930667 isi:S000036777Member isi:C000112503Member 2014-06-23 2015-06-22 0000930667 isi:S000033806Member isi:C000104446Member 2014-06-23 2015-06-22 0000930667 isi:S000036907Member isi:C000112950Member 2014-06-23 2015-06-22 0000930667 isi:S000036776Member rr:AfterTaxesOnDistributionsMember isi:C000112502Member 2014-06-23 2015-06-22 0000930667 isi:S000036776Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000112502Member 2014-06-23 2015-06-22 0000930667 isi:S000036776Member isi:MorningstarEmergingMarketsCorporateBondIndexsmIndexReturnsDoNotReflectDeductionsForFeesExpensesOrTaxesthreefoursevenPercentMember 2014-06-23 2015-06-22 0000930667 isi:S000036777Member rr:AfterTaxesOnDistributionsMember isi:C000112503Member 2014-06-23 2015-06-22 0000930667 isi:S000036777Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000112503Member 2014-06-23 2015-06-22 0000930667 isi:S000036777Member isi:MorningstarEmergingMarketsHighYieldBondIndexMember 2014-06-23 2015-06-22 0000930667 isi:S000036907Member rr:AfterTaxesOnDistributionsMember isi:C000112950Member 2014-06-23 2015-06-22 0000930667 isi:S000036907Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000112950Member 2014-06-23 2015-06-22 0000930667 isi:S000036907Member isi:MarkitIboxxGlobalDevelopedMarketsExUsHighYieldIndexMember 2014-06-23 2015-06-22 0000930667 isi:S000036906Member 2014-06-23 2015-06-22 0000930667 isi:S000036906Member isi:C000112949Member 2014-06-23 2015-06-22 0000930667 isi:S000038923Member 2014-06-23 2015-06-22 0000930667 isi:S000038923Member isi:C000119708Member 2014-06-23 2015-06-22 0000930667 isi:S000018069Member 2014-06-23 2015-06-22 0000930667 isi:S000018069Member isi:C000050065Member 2014-06-23 2015-06-22 0000930667 isi:S000036906Member rr:AfterTaxesOnDistributionsMember isi:C000112949Member 2014-06-23 2015-06-22 0000930667 isi:S000036906Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000112949Member 2014-06-23 2015-06-22 0000930667 isi:S000036906Member isi:MarkitIboxxGlobalDevelopedMarketsHighYieldIndexMember 2014-06-23 2015-06-22 0000930667 isi:S000018069Member rr:AfterTaxesOnDistributionsMember isi:C000050065Member 2014-06-23 2015-06-22 0000930667 isi:S000018069Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000050065Member 2014-06-23 2015-06-22 0000930667 isi:S000018069Member isi:MsciBricIndexIndexReturnsDoNotReflectDeductionsForFeesExpensesOrTaxesthreefivethreePercentMember 2014-06-23 2015-06-22 0000930667 isi:S000038923Member rr:AfterTaxesOnDistributionsMember isi:C000119708Member 2014-06-23 2015-06-22 0000930667 isi:S000038923Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000119708Member 2014-06-23 2015-06-22 0000930667 isi:S000038923Member isi:MsciEmergingMarketsImiMember 2014-06-23 2015-06-22 0000930667 isi:S000040976Member 2014-06-23 2015-06-22 0000930667 isi:S000040976Member isi:C000127144Member 2014-06-23 2015-06-22 0000930667 isi:S000034697Member 2014-06-23 2015-06-22 0000930667 isi:S000034697Member isi:C000106873Member 2014-06-23 2015-06-22 0000930667 isi:S000034699Member 2014-06-23 2015-06-22 0000930667 isi:S000034699Member isi:C000106875Member 2014-06-23 2015-06-22 0000930667 isi:S000034699Member rr:AfterTaxesOnDistributionsMember isi:C000106875Member 2014-06-23 2015-06-22 0000930667 isi:S000034699Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000106875Member 2014-06-23 2015-06-22 0000930667 isi:S000034699Member isi:MsciEmergingMarketsConsumerDiscretionaryIndexMember 2014-06-23 2015-06-22 0000930667 isi:S000035394Member 2014-06-23 2015-06-22 0000930667 isi:S000034691Member 2014-06-23 2015-06-22 0000930667 isi:S000035749Member 2014-06-23 2015-06-22 0000930667 isi:S000034698Member 2014-06-23 2015-06-22 0000930667 isi:S000034697Member rr:AfterTaxesOnDistributionsMember isi:C000106873Member 2014-06-23 2015-06-22 0000930667 isi:S000034697Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000106873Member 2014-06-23 2015-06-22 0000930667 isi:S000034697Member isi:MSCIEMAsiaIndexMember 2014-06-23 2015-06-22 0000930667 isi:S000034691Member isi:C000106867Member 2014-06-23 2015-06-22 0000930667 isi:S000034698Member isi:C000106874Member 2014-06-23 2015-06-22 0000930667 isi:S000035394Member isi:C000108745Member 2014-06-23 2015-06-22 0000930667 isi:S000035749Member isi:C000109582Member 2014-06-23 2015-06-22 0000930667 isi:S000034691Member rr:AfterTaxesOnDistributionsMember isi:C000106867Member 2014-06-23 2015-06-22 0000930667 isi:S000034691Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000106867Member 2014-06-23 2015-06-22 0000930667 isi:S000034691Member isi:MsciEmergingMarketsGrowthIndexMember 2014-06-23 2015-06-22 0000930667 isi:S000034698Member rr:AfterTaxesOnDistributionsMember isi:C000106874Member 2014-06-23 2015-06-22 0000930667 isi:S000034698Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000106874Member 2014-06-23 2015-06-22 0000930667 isi:S000034698Member isi:MsciEmergingMarketsValueIndexIndexMember 2014-06-23 2015-06-22 0000930667 isi:S000033806Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000104446Member 2014-06-23 2015-06-22 0000930667 isi:S000033806Member rr:AfterTaxesOnDistributionsMember isi:C000104446Member 2014-06-23 2015-06-22 0000930667 isi:S000033806Member isi:BarclaysEmergingMarketsBroadLocalCurrencyBondIndexMember 2014-06-23 2015-06-22 0000930667 isi:S000035394Member isi:MsciEmergingMarketsEmeaIndexIndexReturnsDoNotReflectDeductionsForFeesExpensesOrTaxesfiveone6PercentMember 2014-06-23 2015-06-22 0000930667 isi:S000035394Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000108745Member 2014-06-23 2015-06-22 0000930667 isi:S000035394Member rr:AfterTaxesOnDistributionsMember isi:C000108745Member 2014-06-23 2015-06-22 0000930667 isi:S000035749Member isi:MsciEmergingMarketsEnergyTwofiftyFive0IndexIndexReturnsDoNotReflectDeductionsForFeesExpensesOrTaxestensevenfivePercentMember 2014-06-23 2015-06-22 0000930667 isi:S000035749Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000109582Member 2014-06-23 2015-06-22 0000930667 isi:S000035749Member rr:AfterTaxesOnDistributionsMember isi:C000109582Member 2014-06-23 2015-06-22 0000930667 isi:S000035883Member 2014-06-23 2015-06-22 0000930667 isi:S000036005Member 2014-06-23 2015-06-22 0000930667 isi:S000036005Member isi:C000110342Member 2014-06-23 2015-06-22 0000930667 isi:S000036005Member rr:AfterTaxesOnDistributionsMember isi:C000110342Member 2014-06-23 2015-06-22 0000930667 isi:S000036005Member isi:MsciFrontierMarketsOneHundredIndexMember 2014-06-23 2015-06-22 0000930667 isi:S000036005Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000110342Member 2014-06-23 2015-06-22 0000930667 isi:S000035883Member isi:C000109986Member 2014-06-23 2015-06-22 0000930667 isi:S000035884Member 2014-06-23 2015-06-22 0000930667 isi:S000035885Member 2014-06-23 2015-06-22 0000930667 isi:S000035883Member rr:AfterTaxesOnDistributionsMember isi:C000109986Member 2014-06-23 2015-06-22 0000930667 isi:S000035883Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000109986Member 2014-06-23 2015-06-22 0000930667 isi:S000035883Member isi:MsciAcwiSelectAgricultureProducersImiMember 2014-06-23 2015-06-22 0000930667 isi:S000035884Member isi:C000109987Member 2014-06-23 2015-06-22 0000930667 isi:S000045639Member 2014-06-23 2015-06-22 0000930667 isi:S000035885Member isi:C000109988Member 2014-06-23 2015-06-22 0000930667 isi:S000045639Member isi:C000141922Member 2014-06-23 2015-06-22 0000930667 isi:S000035882Member 2014-06-23 2015-06-22 0000930667 isi:S000035882Member isi:C000109985Member 2014-06-23 2015-06-22 0000930667 isi:S000047227Member 2014-06-23 2015-06-22 0000930667 isi:S000035884Member rr:AfterTaxesOnDistributionsMember isi:C000109987Member 2014-06-23 2015-06-22 0000930667 isi:S000035884Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000109987Member 2014-06-23 2015-06-22 0000930667 isi:S000035884Member isi:MsciAcwiSelectEnergyProducersImiIndexMember 2014-06-23 2015-06-22 0000930667 isi:S000047227Member isi:C000147985Member 2014-06-23 2015-06-22 0000930667 isi:S000035885Member rr:AfterTaxesOnDistributionsMember isi:C000109988Member 2014-06-23 2015-06-22 0000930667 isi:S000035885Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000109988Member 2014-06-23 2015-06-22 0000930667 isi:S000035885Member isi:MsciAcwiSelectMetalsAndMiningProducersExGoldAndSilverImiIndexMember 2014-06-23 2015-06-22 0000930667 isi:S000047227Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000147985Member 2014-06-23 2015-06-22 0000930667 isi:S000047227Member rr:AfterTaxesOnDistributionsMember isi:C000147985Member 2014-06-23 2015-06-22 0000930667 isi:S000047227Member isi:MsciRussiaTwofiftyFive0IndexIndexReturnsDoNotReflectDeductionsForFeesExpensesOrTaxestwofourfourPercentMember 2014-06-23 2015-06-22 0000930667 isi:S000035882Member rr:AfterTaxesOnDistributionsMember isi:C000109985Member 2014-06-23 2015-06-22 0000930667 isi:S000035882Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000109985Member 2014-06-23 2015-06-22 0000930667 isi:S000035882Member isi:MsciAcwiSelectGoldMinersImiMember 2014-06-23 2015-06-22 0000930667 isi:S000036004Member 2014-06-23 2015-06-22 0000930667 isi:S000047938Member 2014-06-23 2015-06-22 0000930667 isi:S000047938Member isi:C000150699Member 2014-06-23 2015-06-22 0000930667 isi:S000036004Member isi:C000110341Member 2014-06-23 2015-06-22 0000930667 isi:S000037851Member 2014-06-23 2015-06-22 0000930667 isi:S000036004Member rr:AfterTaxesOnDistributionsMember isi:C000110341Member 2014-06-23 2015-06-22 0000930667 isi:S000036004Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000110341Member 2014-06-23 2015-06-22 0000930667 isi:S000036004Member isi:DowJonesEmergingMarketsSelectDividendIndexMember 2014-06-23 2015-06-22 0000930667 isi:S000035880Member 2014-06-23 2015-06-22 0000930667 isi:S000035880Member isi:C000109983Member 2014-06-23 2015-06-22 0000930667 isi:S000037851Member isi:C000116781Member 2014-06-23 2015-06-22 0000930667 isi:S000035880Member rr:AfterTaxesOnDistributionsMember isi:C000109983Member 2014-06-23 2015-06-22 0000930667 isi:S000035880Member rr:AfterTaxesOnDistributionsAndSalesMember isi:C000109983Member 2014-06-23 2015-06-22 0000930667 isi:S000035880Member isi:MsciAcwiSelectSilverMinersImiMember 2014-06-23 2015-06-22 pure iso4217:USD <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesEmergingMarketsCorporateBondETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesEmergingMarketsCorporateBondETF column period compact * ~</div> 2015-06-22 Other 2015-06-22 iSHARES INC 0000930667 false 2015-06-22 2015-06-22 <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesEmergingMarketsHighYieldBondETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesEmergingMarketsHighYieldBondETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesGlobalexUSDHighYieldCorporateBondETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesGlobalexUSDHighYieldCorporateBondETF column period compact * ~</div> iSHARES<sup>&#174;</sup> EMERGING MARKETS CORPORATE BOND ETF<br/>Ticker: CEMB&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: BATS <b>Investment Objective </b> The iShares Emerging Markets Corporate Bond ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of U.S. dollar-denominated, emerging market corporate bonds. <b>Fees and Expenses </b> 0.005 The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: iSHARES<sup>&#174;</sup> EMERGING MARKETS HIGH YIELD BOND ETF<br />Ticker: EMHY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: BATS 0 0 <b>Investment Objective </b> The iShares Emerging Markets High Yield Bond ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of U.S. dollar-denominated, emerging market high yield sovereign and corporate bonds. 0.005 <b>Fees and Expenses </b> iSHARES<sup>&#174;</sup> GLOBAL EX USD HIGH YIELD CORPORATE BOND ETF<br />Ticker: HYXU&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: BATS The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments)</b> <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesEmergingMarketsLocalCurrencyBondETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesEmergingMarketsLocalCurrencyBondETF column period compact * ~</div> <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments)</b> iSHARES<sup>&#174;</sup> EMERGING MARKETS LOCAL CURRENCY BOND ETF<br/>Ticker: LEMB&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca <b>Investment Objective </b> 0.005 The iShares Emerging Markets Local Currency Bond ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of local currency denominated, emerging market sovereign bonds. 0 0 0.005 <b>Fees and Expenses </b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Investment Objective </b> The iShares Global ex USD High Yield Corporate Bond ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of euro, British pound sterling and Canadian dollar-denominated, high yield corporate bonds. <b>Fees and Expenses </b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.40% of average daily net assets until February 29, 2016. The contractual waiver may be terminated prior to February 29, 2016 only upon written agreement of the Company and BFA.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments) </b> This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: <b>Example.</b> 51 You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: 51 160 0.005 The expense information in the table has been restated as of March 2, 2015 to reflect current fees. 280 160 628 0 0 <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments)</b> This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 0.005 280 The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 24% of the average value of its portfolio. <b>Example. 628 <b>Portfolio Turnover.</b> The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 20% of the average value of its portfolio. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: <b>Principal Investment Strategies </b> The Fund seeks to track the investment results of the Morningstar<sup>&#174;</sup> Emerging Markets High Yield Bond Index<sup>SM</sup> (the &#8220;Underlying Index&#8221;), which tracks the performance of the below-investment-grade U.S. dollar-denominated emerging market sovereign and corporate high yield bond market. High yield bonds are also known as &#8220;junk bonds.&#8221; All bonds included in the Underlying Index are selected according to a set of rules-based inclusion criteria regarding issue size, bond type, maturity, and liquidity. The securities included in the Underlying Index are rebalanced on the first business day of each month. Eligible countries included in the Underlying Index are rebalanced annually at the end of September.<br /><br />The Underlying Index includes bonds issued by corporations, sovereignties and quasi-sovereign corporations (more than 50% government ownership) based in Latin American, Eastern European, Middle Eastern/African, and Asian (excluding Japan) countries that meet certain criteria to be classified as emerging market countries by Morningstar, Inc.&#8217;s (&#8221;Morningstar&#8221;) proprietary index methodology. Eligible individual securities must have a minimum outstanding face value of $500 million or more, and eligible issuers must have aggregate outstanding debt of $1 billion or more to be included in the Underlying Index. All securities included in the Underlying Index must be U.S. dollar-denominated fixed rate bonds with a remaining maturity of 13 months or more at the time of rebalancing and a minimum of 36 months to maturity or greater at time of issuance. Corporate bonds must have a credit rating of BB+ or lower from either Moody&#8217;s Investors Service, Inc. (&#8220;Moody&#8217;s&#8221;), Standard &amp; Poor's Ratings Services or Fitch Ratings, Inc. (&#8220;Fitch&#8221;) to be included in the Underlying Index. Sovereign bonds must have a credit rating of BB+ or lower from either Moody's or Standard &amp; Poor's Ratings Services to be included in the Underlying Index. The Underlying Index employs a weight capping algorithm to limit exposure to single issuers. Single issuers are capped at 15% of the Underlying Index portfolio, and the sum of all issuers over 5% is capped at 48%. Issuers under 5% are capped at 4.7% of the Underlying Index portfolio. In instances where an issuer exceeds the capping threshold, the weight is modified and allocated on a pro rata basis to the remaining constituents.<br /><br />As of September 30, 2014, the Underlying Index included issuers located in Argentina, Belarus, Brazil, China, the Dominican Republic, Ecuador, Egypt, El Salvador, Guatemala, Hong Kong, Hungary, India, Jamaica, Kazakhstan, Latvia, Lebanon, Mexico, Pakistan, the Philippines, Romania, Russia, Serbia, South Korea, Sri Lanka, Turkey, the Ukraine, the United Arab Emirates, Venezuela and Vietnam. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include financials, industrials and transportation companies and sovereign obligations. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index.<br /><br />The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (&#8220;BlackRock Cash Funds&#8221;), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is sponsored by Morningstar (the &#8220;Index Provider&#8221;), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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. <b>Example. </b> <b>Portfolio Turnover.</b> The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 43% of the average value of its portfolio. <b>Portfolio Turnover.</b> 0.2 <b>Principal Investment Strategies </b> 0.0055 0 The Fund seeks to track the investment results of the Barclays Emerging Markets Broad Local Currency Bond Index (the &#8220;Underlying Index&#8221;), which measures the performance of local currency-denominated sovereign bond markets of emerging market countries.<br /><br />Securities included in the Underlying Index must be issued by countries that satisfy certain eligibility requirements for emerging market countries, and meet separate security-specific requirements.<br /><br />Eligible issuer countries must have a sovereign rating of A1/A+ or lower using the middle foreign currency long-term debt rating of Moody's Investors Service, Inc. (&#8220;Moody's&#8221;), Standard &amp; Poor's Ratings Services or Fitch Ratings, Inc. (&#8220;Fitch&#8221;), or be classified by the World Bank as a Low, Low/Middle or Upper/Middle Income country. Countries that are part of the Eurozone are excluded from the Underlying Index, regardless of their rating or World Bank classification. Eligible issuer countries must also have at least the local currency equivalent of U.S. $5 billion face amount of aggregate local currency treasury debt with maturities greater than one year outstanding as of July 1 of the preceding year.<br /><br />Each security issued by an eligible emerging market country included in the Underlying Index must separately have the local currency equivalent of U.S. $1 billion face amount outstanding and meet certain pricing and maturity requirements. Treasury bills and strips, floating-rate issues, inflation-linked bonds, dual currency bonds, and private placements are excluded from the Underlying Index.<br /><br />As of September 30, 2014, the Underlying Index included securities issued by Brazil, Chile, Colombia, the Czech Republic, Egypt, Hungary, Indonesia, Israel, Malaysia, Mexico, Peru, the Philippines, Poland, Russia, South Africa, South Korea, Thailand and Turkey.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (&#8220;BlackRock Cash Funds&#8221;), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is sponsored by Barclays Capital Inc. or its affiliates (the &#8220;Index Provider&#8221; or &#8220;Barclays&#8221;), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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. 0 -0.0316 0.0055 0.0262 -0.0015 0.004 <b>Principal Investment Strategies </b> The Fund seeks to track the investment results of the Morningstar<sup>&#174;</sup> Emerging Markets Corporate Bond Index<sup>SM</sup> (the &#8220;Underlying Index&#8221;), which tracks the performance of the U.S. dollar-denominated emerging market corporate bond market. All bonds included in the Underlying Index are selected according to a set of rule-based inclusion criteria regarding issue size, bond type, maturity, and liquidity. The securities included in the Underlying Index are rebalanced on the first business day of each month. Eligible countries included in the Underlying Index are rebalanced annually at the end of September.<br /><br />The Underlying Index includes bonds issued by corporations and quasi-sovereign corporations (more than 50% government ownership) based in Latin American, Eastern European, Middle Eastern/African, and Asian (excluding Japan) countries that meet certain criteria to be classified as emerging market countries by Morningstar, Inc.&#8217;s (&#8221;Morningstar&#8221;) proprietary index methodology. Eligible individual securities must have a minimum outstanding face value of $500 million or more, and eligible issuers must have aggregate outstanding debt of $1 billion or more to be included in the Underlying Index. All securities included in the Underlying Index must be U.S. dollar-denominated fixed rate bonds with a remaining maturity of 13 months or more at the time of rebalancing and a minimum of 36 months to maturity or greater at time of issuance. There are no ratings restrictions on either the individual bonds or the country of risk, but all bonds in the Underlying Index must have at least one credit rating from either Moody&#8217;s Investors Service, Inc. (&#8220;Moody&#8217;s&#8221;), Standard &amp; Poor's Ratings Services or Fitch Ratings, Inc. (&#8220;Fitch&#8221;).<br /><br />The Underlying Index is market capitalization-weighted with a 5% capping of issuers and a pro rata distribution of any excess weight across the remaining issuers in the Underlying Index. As of September 30, 2014, the Underlying Index included issuers located in Brazil, Chile, China, Colombia, Hong Kong, India, Indonesia, Israel, Jamaica, Kazakhstan, Kuwait, Malaysia, Mexico, Peru, the Philippines, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Thailand, Trinidad and Tobago, Turkey, the Ukraine, the United Arab Emirates and Venezuela. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include financials, industrials and utilities companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (&#8220;BlackRock Cash Funds&#8221;), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is sponsored by Morningstar (the &#8220;Index Provider&#8221;), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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. 51 160 <b>Example. </b> 280 628 This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 0.0262 0.0081 0.015 0.0347 0.0299 0.0136 0.016 0.0362 41 161 <b>Summary of Principal Risks </b> 292 As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.<br /><br /><b>Call Risk.</b> During periods of falling interest rates, an issuer of a callable bond held by the Fund may &#8220;call&#8221; or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.<br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br /><br /><b>Credit Risk.</b> Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies.<br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.<br /><br /><b>Extension Risk.</b> During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund&#8217;s income and potentially in the value of the Fund&#8217;s investments.<br /><br /><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements, recent or future regulation on any individual financial company, or regulation on the financials sector as a whole cannot be predicted.<br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests.<br /><br /><b>High Yield Securities Risk.</b> Securities that are rated below investment-grade (commonly referred to as &#8220;junk bonds,&#8221; including those bonds rated lower than &#8220;BBB-&#8221; by Standard &amp; Poor's Ratings Services and Fitch, or &#8220;Baa3&#8221; by Moody's), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity.<br /><br /><b>Income Risk.</b> The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds.<br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Industrials Sector Risk.</b> The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.<br /><br /><b>Interest Rate Risk.</b> An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline.<br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br /><br /><b>Liquidity Risk.</b> Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.<br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br /><br /><b>Non-U.S. Issuers Risk.</b> Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to <b>Asian Economic Risk, Central and South American Economic Risk and Eastern European Risk.</b><br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.<br /><br /><b>Privately-Issued Securities Risk.</b> The Fund will invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the &#8220;1933 Act&#8221;). Privately-issued securities are securities that have not been registered under the 1933 Act and as a result are subject to legal restrictions on resale. Privately-issued securities are not traded on established markets and may be illiquid, difficult to value and subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk,</b> <b>Central and South American Economic Risk</b>, <b>European Economic Risk</b> and <b>U.S. Economic Risk</b>.<br /><br /><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.<br /><br /><b>Sovereign and Quasi-Sovereign Obligations Risk.</b> The Fund invests in securities issued by or guaranteed by non-U.S. sovereign governments and by entities affiliated with or backed by non-U.S. sovereign governments, which may be unable or unwilling to repay principal or interest when due. In times of economic uncertainty, the prices of these securities may be more volatile than those of corporate debt obligations or of other government debt obligations.<br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br /><br /><b>Transportation Industry Group Risk.</b> Issuers in the transportation industry group may be adversely affected by economic changes, fuel prices, labor relations, and insurance costs. Transportation companies in certain countries may also be subject to significant government regulation and oversight, which may adversely affect their businesses. Other risk factors that may affect transportation companies include the risk of increases in fuel and other operating costs and the effects of regulatory changes or other government decisions.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. 675 <b>Portfolio Turnover. </b> <b>Summary of Principal Risks </b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes. <br /><br /><b>Call Risk.</b> During periods of falling interest rates, an issuer of a callable bond held by the Fund may &#8220;call&#8221; or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.<br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class. <br /><br /><b>Credit Risk.</b> Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies. <br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar. Generally, an increase in the value of the U.S. dollar against a foreign currency will reduce the value of a security denominated in that foreign currency, thereby decreasing the Fund's overall NAV. <br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories. <br /><br /><b>Extension Risk.</b> During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund&#8217;s income and potentially in the value of the Fund&#8217;s investments. <br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests. <br /><br /><b>High Yield Securities Risk.</b> Securities that are rated below investment-grade (commonly referred to as &#8220;junk bonds,&#8221; including those bonds rated lower than &#8220;BBB-&#8221; by Standard &amp; Poor's Ratings Services and Fitch, or &#8220;Baa3&#8221; by Moody's), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity. <br /><br /><b>Income Risk.</b> The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds. <br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders. <br /><br /><b>Interest Rate Risk.</b> An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline. <br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br /><br /><b>Liquidity Risk.</b> Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices. <br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results. <br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns. <br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV. <br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <br /><br /><b>Non-U.S. Issuers Risk.</b> Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to <b>Asian Economic Risk</b> and <b>Central and South American Risk</b>.<br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets. <br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian</b> <b>Economic Risk</b> and <b>Eastern European Economic Risk.</b> <br /><br /><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets. <br /><br /><b>Risk of Investing in South Korea.</b> Investments in South Korean issuers may subject the Fund to legal, regulatory, political, currency, security, and economic risks that are specific to South Korea. In addition, economic and political developments of South Korea&#8217;s neighbors may have an adverse effect on the South Korean economy.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund. <br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments. <br /><br /><b>Sovereign Obligations Risk.</b> The Fund invests in securities issued by or guaranteed by non-U.S. sovereign governments, which may be unable or unwilling to repay principal or interest when due. In times of economic uncertainty, the prices of these securities may be more volatile than those of corporate debt obligations or of other government debt obligations. <br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability. <br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br /><br /><b>Treasury Obligations Risk.</b> Treasury obligations may differ from other securities in their interest rates, maturities, times of issuance and other characteristics and may provide relatively lower returns than those of other securities. Similar to other issuers, changes to the financial condition or credit rating of a government may cause the value of the Fund's Treasury obligations to decline. <br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 25% of the average value of its portfolio. 0.25 <b>Principal Investment Strategies </b> The Fund seeks to track the investment results of the Markit iBoxx Global Developed Markets ex-US High Yield Index (the &#8220;Underlying Index&#8221;), which is a rules-based index consisting of high yield corporate bonds denominated in euros, British pounds sterling and Canadian dollars. The Underlying Index is designed to provide a broad representation of the global ex-U.S. dollar high yield corporate bond market. High yield bonds are also known as &#8220;junk bonds.&#8221; The Underlying Index may include corporate bonds that are issued by companies domiciled in countries classified as developed markets by the index provider. The Underlying Index is a market value weighted index with a cap on each issuer of 3%. There is no limit to the number of issues in the Underlying Index. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include consumer goods, financials and industrials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />The Fund will invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the &#8220;1933 Act&#8221;).<br /><br />The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.<br /><br />The maturities of the securities in the Underlying Index range from 1-15 years. As of September 30, 2014, the weighted average maturity of the securities in the Underlying Index was 3.04 years, and the weighted average life of these securities (which includes the impact of calls) was 3.04 years.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (&#8220;BlackRock Cash Funds&#8221;), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is sponsored by Markit Indices Limited (the &#8220;Index Provider&#8221; or &#8220;Markit&#8221;), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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. <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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. <b>Summary of Principal Risks </b> <b>Performance Information </b> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the &#8220;Prospectus&#8221;). As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.<br /><br /><b>Call Risk.</b> During periods of falling interest rates, an issuer of a callable bond held by the Fund may &#8220;call&#8221; or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income. <br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Credit Risk.</b> Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies.<br/><br/><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.<br /><br /><b>Extension Risk.</b> During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund&#8217;s income and potentially in the value of the Fund&#8217;s investments. <br /><br /><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements, recent or future regulation on any individual financial company, or regulation on the financials sector as a whole cannot be predicted. <br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests.<br /><br /><b>High Yield Securities Risk.</b> Securities that are rated below investment-grade (commonly referred to as &#8220;junk bonds,&#8221; including those bonds rated lower than &#8220;BBB-&#8221; by Standard &amp; Poor's Ratings Services and Fitch, or &#8220;Baa3&#8221; by Moody's), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity. <br /><br /><b>Income Risk.</b> The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds. <br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Industrials Sector Risk.</b> The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.<br /><br /><b>Interest Rate Risk.</b> An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline.<br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br /><br /><b>Liquidity Risk.</b> Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices. <br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV. <br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br /><br /><b>Non-U.S. Issuers Risk.</b> Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to <b>Asian Economic Risk</b> and <b>Central and South American Economic Risk</b>. <br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.<br /><br /><b>Privately-Issued Securities Risk.</b> The Fund may invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the &#8220;1933 Act&#8221;). Privately-issued securities are securities that have not been registered under the 1933 Act and as a result are subject to legal restrictions on resale. Privately-issued securities are not traded on established markets and may be illiquid, difficult to value and subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.<br /><br /><b>Quasi-Sovereign Obligations Risk.</b> The Fund may invest in securities issued by or guaranteed by companies owned or controlled by non-U.S. sovereign governments, which may be unable or unwilling to repay principal or interest when due. In times of economic uncertainty, the prices of these securities may be more volatile than those of other corporate debt obligations or of other government debt obligations.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>Eastern European Economic Risk, European Economic Risk</b> and <b>U.S. Economic Risk</b>. <br /><br /><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund. <br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments. <br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability. <br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br /><br /><b>Utilities Sector Risk.</b> The utilities sector is subject to significant government regulation and oversight. Deregulation, however, may subject utility companies to greater competition and may reduce their profitability. Companies in the utilities sector may be adversely affected due to increases in fuel and operating costs, rising costs of financing capital construction and the cost of complying with regulations, among other factors.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. <b>Year by Year Returns (Years Ended December 31) </b> The best calendar quarter return during the periods shown above was 6.42% in the 2nd quarter of 2014; the worst was -5.58% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). <b>Average Annual Total Returns</b><br /><b>(for the periods ended December 31, 2014)</b> -0.0547 0.0206 0.0206 -0.0054 0.0122 0.0263 <b>Summary of Principal Risks </b> 0.0366 0.0127 0.0181 0.0424 As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes. <br /><br /><b>Call Risk.</b> During periods of falling interest rates, an issuer of a callable bond held by the Fund may &#8220;call&#8221; or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.<br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class. <br /><br /><b>Consumer Goods Industry Risk.</b> The consumer goods industry may be affected by changes in social trends and consumer demands. Many consumer goods are sold internationally and companies that sell such products may be affected by market conditions in other countries and regions. <br /><br /><b>Credit Risk.</b> Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies.<br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar. Generally, an increase in the value of the U.S. dollar against a foreign currency will reduce the value of a security denominated in that foreign currency, thereby decreasing the Fund's overall NAV. <br /><br /><b>Extension Risk.</b> During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund&#8217;s income and potentially in the value of the Fund&#8217;s investments.<br /><br /><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements, recent or future regulation on any individual financial company, or regulation on the financials sector as a whole cannot be predicted. <br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests. <br /><br /><b>High Yield Securities Risk.</b> Securities that are rated below investment-grade (commonly referred to as &#8220;junk bonds,&#8221; including those bonds rated lower than &#8220;BBB-&#8221; by Standard &amp; Poor's Ratings Services and Fitch, Inc. (&#8220;Fitch&#8221;) or &#8220;Baa3&#8221; by Moody's Investors Service, Inc. (&#8220;Moody's&#8221;)), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity. <br /><br /><b>Income Risk.</b> The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds. <br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Industrials Sector Risk.</b> The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors. <br /><br /><b>Interest Rate Risk.</b> An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline. <br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline. <br /><br /><b>Liquidity Risk.</b> Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices. <br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results. <br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV. <br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <br /><br /><b>Non-U.S. Issuers Risk.</b> Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to <b>European Economic Risk</b>. <br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets. <br /><br /><b>Privately-Issued Securities Risk.</b> Privately-issued securities are securities that have not been registered under the 1933 Act and as a result are subject to legal restrictions on resale. Privately-issued securities are not traded on established markets and may be illiquid, difficult to value and subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian</b> <b>Economic</b> <b>Risk</b>, <b>Australasian</b> <b>Economic</b> <b>Risk</b>, <b>European Economic Risk</b> and <b>North</b> <b>American</b> <b>Economic Risk</b>. <br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund. <br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability. <br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. <br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. <b>Industry Concentration Policy. </b>The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <b>Performance Information </b> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the &#8220;Prospectus&#8221;). The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. <b>Performance Information </b> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the &#8220;Prospectus&#8221;). If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. <b>Year by Year Returns (Years Ended December 31) </b> 0.1284 -0.0784 Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. <b>Year by Year Returns (Years Ended December 31) </b> The best calendar quarter return during the periods shown above was 7.67% in the 3rd quarter of 2013; the worst was -8.17% in the 3rd quarter of 2014.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). <b>Average Annual Total Returns </b><br /><b>(for the periods ended December 31, 2014) </b> The best calendar quarter return during the periods shown above was 3.94% in the 2nd quarter of 2014; the worst was -5.00% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). -0.0784 -0.0946 -0.0435 -0.079 0.0564 0.0351 0.0344 0.0559 2012-04-03 best 2014-06-30 0.0394 worst 2013-06-30 best 2013-09-30 0.0767 worst 2014-09-30 -0.0817 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com -0.05 www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) <b>Average Annual Total Returns<br />(for the periods ended December 31, 2014) </b> 2012-04-17 After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesEmergingMarketsCorporateBondETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesEmergingMarketsCorporateBondETFBarChart column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesGlobalHighYieldCorporateBondETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesGlobalHighYieldCorporateBondETF column period compact * ~</div> iSHARES<sup>&#174;</sup> GLOBAL HIGH YIELD CORPORATE BOND ETF<br/>Ticker: GHYG&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: BATS <b>Investment Objective</b> The iShares Global High Yield Corporate Bond ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of U.S. dollar, euro, British pound sterling and Canadian dollar-denominated, high yield corporate bonds. <b>Fees and Expenses </b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.40% of average daily net assets until February 29, 2016. The contractual waiver may be terminated prior to February 29, 2016 only upon written agreement of the Company and BFA.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: 0.0055 You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: 0 <b>Annual Fund Operating Expenses<br/> (ongoing expenses that you pay each year as a<br/> percentage of the value of your investments)</b> 0 <b>Example.</b> 0.0055 This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: -0.0015 <b>Portfolio Turnover.</b> 0.004 The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 21% of the average value of its portfolio. 0.21 <b>Principal Investment Strategies</b> 41 The Fund seeks to track the investment results of the Markit iBoxx Global Developed Markets High Yield Index (the &#8220;Underlying Index&#8221;), which is a rules-based index consisting of high yield corporate bonds denominated in U.S. dollars, euros, British pounds sterling and Canadian dollars. The Underlying Index is designed to provide a broad representation of the global high yield corporate bond market. High yield bonds are also known as &#8220;junk bonds.&#8221; The Underlying Index may include corporate bonds that are issued by companies domiciled in countries classified as developed markets by the index provider. The Underlying Index is a market value weighted index with a cap on each issuer of 3%. There is no limit to the number of issues in the Underlying Index. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include consumer goods, consumer services, financials and industrials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />The Fund will invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the &#8220;1933 Act&#8221;).<br /><br />It is expected that the Underlying Index, under normal market conditions, will include a significant percentage of issuers (generally, at least 40%) organized or located outside the United States or doing business outside the United States.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (&#8220;BlackRock Cash Funds&#8221;), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is sponsored by Markit Indices Limited (the &#8220;Index Provider&#8221; or &#8220;Markit&#8221;), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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. 161 292 675 iSHARES<sup>&#174; </sup>CORE MSCI EMERGING MARKETS ETF<br />Ticker: IEMG&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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. <b>Summary of Principal Risks</b> <b>Investment Objective </b> The iShares Core MSCI Emerging Markets ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of large-, mid- and small-capitalization emerging market equities. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.<br /><br /><b>Call Risk.</b> During periods of falling interest rates, an issuer of a callable bond held by the Fund may &#8220;call&#8221; or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.<br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br /><b>Consumer Goods Industry Risk.</b> The consumer goods industry may be affected by changes in social trends and consumer demands. Many consumer goods are sold internationally and companies that sell such products may be affected by market conditions in other countries and regions.<br /><br /><b>Consumer Services Industry Risk.</b> The consumer services industry may be affected by, among other things, changes in the domestic and international economies, exchange rates, competition, consumers' disposable income and consumer preferences.<br /><br /><b>Credit Risk.</b> Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies.<br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar. Generally, an increase in the value of the U.S. dollar against a foreign currency will reduce the value of a security denominated in that foreign currency, thereby decreasing the Fund's overall NAV.<br /><br /><b>Extension Risk.</b> During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund&#8217;s income and potentially in the value of the Fund&#8217;s investments.<br /><br /><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements, recent or future regulation on any individual financial company, or regulation on the financials sector as a whole cannot be predicted.<br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests.<br /><br /><b>High Yield Securities Risk.</b> Securities that are rated below investment-grade (commonly referred to as &#8220;junk bonds,&#8221; including those bonds rated lower than &#8220;BBB-&#8221; by Standard &amp; Poor's Ratings Services and Fitch, Inc. (&#8220;Fitch&#8221;) or &#8220;Baa3&#8221; by Moody's Investors Service, Inc. (&#8220;Moody's&#8221;)), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity.<br /><br /><b>Income Risk.</b> The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds.<br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Industrials Sector Risk.</b> The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.<br /><br /><b>Interest Rate Risk.</b> An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline.<br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br /><br /><b>Liquidity Risk.</b> Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.<br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br /><br /><b>Non-U.S. Issuers Risk.</b> Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to <b>European Economic Risk </b>and<b> North American Economic Risk</b>.<br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.<br /><br /><b>Privately-Issued Securities Risk.</b> Privately-issued securities are securities that have not been registered under the 1933 Act and as a result are subject to legal restrictions on resale. Privately-issued securities are not traded on established markets and may be illiquid, difficult to value and subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>Australasian Economic Risk</b>, <b>European Economic Risk </b>and<b> North American Economic Risk</b>.<br /><br /><b>Risk of Investing in the United States.</b> The Fund has significant exposure to U.S. issuers. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund&#8217;s valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. <b>Fees and Expenses </b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. &#8220;Acquired Fund Fees and Expenses&#8221; reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (&#8220;NAV&#8221;) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses attributable to the Fund's investments in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA. During the most recently completed fiscal year, the amount of such expenses incurred and fees waived rounded to 0.00%.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments) </b> 0.0018 0 As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. 0 0 0 <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. 0.0018 <b>Performance Information</b> 0 The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the &#8220;Prospectus&#8221;). If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. 0.0018 The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: <b>Year by Year Returns (Years Ended December 31) </b> <b>Example. </b> The best calendar quarter return during the periods shown above was 3.89% in the 4th quarter of 2013; the worst was -4.11% in the 3rd quarter of 2014.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). 18 58 101 230 The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 8% of the average value of its portfolio. 1-800-iShares (1-800-474-2737) (toll free) <b>Portfolio Turnover. </b> <b>Principal Investment Strategies </b> The Fund seeks to track the investment results of the MSCI Emerging Markets Investable Market Index (IMI) (the &#8220;Underlying Index&#8221;), which is designed to measure large-, mid- and small-cap equity market performance in the global emerging markets. As of June 30, 2014, the Underlying Index consisted of the following 23 emerging market countries: Brazil, Chile, China, Colombia, the Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Malaysia, Mexico, Peru, the Philippines, Poland, Qatar, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey and the United Arab Emirates. As of June 30, 2014, the Underlying Index was comprised of 2,653 constituents. Components primarily include consumer discretionary, energy, financials and information technology companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.<br /><br />The Fund invests all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the &#8220;Subsidiary&#8221;). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term &#8220;Fund,&#8221; as used in this Prospectus, means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is calculated by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI Inc. (&#8220;MSCI&#8221;).<br /><br /><b>Industry Concentration Policy. </b>The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. www.iShares.com 0.0778 -0.0067 best 2013-12-31 0.0389 worst <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesGlobalHighYieldCorporateBondETF column period compact * ~</div> 2014-09-30 -0.0411 <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesMSCIBRICETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesMSCIBRICETF column period compact * ~</div> February 29, 2016 <b>Summary of Principal Risks </b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's NAV, trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes. <br /><br /><b>Commodity Risk.</b> The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.<br /><br /><b>Concentration Risk. </b>The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br /><br /><b>Consumer Discretionary Sector Risk. </b>The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns.<br /><br /><b>Currency Risk. </b>Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.<br /><br /><b>Custody Risk. </b>Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.<br /><br /><b>Energy Sector Risk.</b> The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities. <br /><br /><b>Equity Securities Risk. </b>Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.<br /><br /><b>Financials Sector Risk. </b>Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.<br /><br /><b>Geographic Risk. </b>A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br /><br /><b>Index-Related Risk. </b>There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Information Technology Sector Risk.</b> Information technology companies face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights.<br /><br /><b>Issuer Risk. </b>Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br /><br /><b>Management Risk. </b>As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br /><br /><b>Market Risk. </b>The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.<br /><br /><b>Market Trading Risk. </b>The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br /><br /><b>Non-U.S. Securities Market Risk. </b>Non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of the Fund&#8217;s holdings difficult or impossible at times.<br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>Asian Economic Risk</b>.<br /><br /><b>Passive Investment Risk. </b>The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.<br /><br /><b>Privatization Risk. </b>Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br /><br /><b>Reliance on Trading Partners Risk. </b>The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk, Central and South American Economic Risk, European Economic Risk</b> and <b>U.S. Economic Risk</b>.<br /><br /><b>Risk of Investing in Emerging Markets. </b>The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.<br /><br /><b>Risk of Investing in India.</b> Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.<br /><br /><b>Risk of Investing in Russia. </b>Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.<br /><br /><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.<br /><br /><b>Structural Risk. </b>The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br /><br /><b>Tracking Error Risk. </b>Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (&#8220;ETFs&#8221;) THAT DO NOT TRACK SUCH INDICES.<br /><br /><b>Treaty/Tax Risk.</b> The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (&#8220;DTAA&#8221;) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. <b>Average Annual Total Returns </b><br /><b>(for the periods ended December 31, 2014) </b> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesGlobalHighYieldCorporateBondETFBarChart column period compact * ~</div> 0.0068 0 iSHARES<sup>&#174;</sup> MSCI BRIC ETF<br/>Ticker: BKF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. <b>Investment Objective </b> 0 0 The iShares MSCI BRIC ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of Chinese equities that are available to international investors, and Brazilian, Russian, and Indian equities. 0.0068 <b>Fees and Expenses </b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: 69 -0.0067 -0.0296 -0.0034 -0.0068 0.06 0.0357 0.0356 0.0611 218 2012-04-03 You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: 379 <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments) </b> 847 This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: -0.5811 0.8985 0.0903 The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 10% of the average value of its portfolio. -0.2419 0.1351 -0.0426 <b>Principal Investment Strategies </b> The Fund seeks to track the investment results of the MSCI BRIC Index (the &#8220;Underlying Index&#8221;), which is a free float-adjusted market capitalization index that is designed to measure the combined equity market performance in Brazil, Russia, India and China (&#8220;BRIC&#8221;). The Underlying Index consists of stocks traded primarily on the BM&amp;FBOVESPA (the Brazilian exchange), Russian Trading System Stock Exchange, Moscow Interbank Currency Exchange, National Stock Exchange of India, Shanghai Stock Exchange, Shenzhen Stock Exchange and the Stock Exchange of Hong Kong. The Underlying Index may include large-, mid- or small- capitalization companies, and components primarily include energy, financials and information technology companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.<br /><br />The Fund invests all of its assets that are invested in India in a wholly owned subsidiary located in the Republic of Mauritius (the &#8220;Subsidiary&#8221;). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term &#8220;Fund,&#8221; as used in this prospectus (the &#8220;Prospectus&#8221;), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is calculated by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI Inc. (&#8220;MSCI&#8221;).<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. -0.0426 -0.0471 -0.0187 -0.0353 <b>Summary of Principal Risks </b> 0.1127 0.1093 0.0917 0.1252 -0.0466 -0.0495 -0.0334 -0.0426 As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes. <br /><br /><b>Commodity Risk.</b> The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.<br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.<br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.<br /><br /><b>Energy Sector Risk.</b> The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities. <br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.<br /><br /><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.<br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Information Technology Sector Risk.</b> Information technology companies face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. <br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.<br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV. <br /><br /><b>Non-U.S. Securities Market Risk.</b> Non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of the Fund&#8217;s holdings difficult or impossible at times. <br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>Asian Economic Risk</b> and <b>Central and South American Economic Risk</b>.<br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.<br /><br /><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>Central and South American Economic Risk</b>, <b>European Economic Risk</b> and <b>U.S. Economic Risk</b>. <br /><br /><b>Risk of Investing in Brazil.</b> Investment in Brazilian issuers involves risks that are specific to Brazil, including legal, regulatory, political and economic risks. The Brazilian economy has historically been exposed to high rates of inflation and a high level of debt, each of which may reduce and/or prevent economic growth.<br /><br /><b>Risk of Investing in China.</b> Investments in Chinese issuers subject the Fund to risks specific to China. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the past 25 years, the Chinese government has undertaken reform of economic and market practices and is expanding the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of tariffs or other trade barriers, or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.<br /><br /><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.<br /><br /><b>Risk of Investing in India.</b> Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.<br /><br /><b>Risk of Investing in Russia.</b> Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments. <br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability. <br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (&#8220;ETFs&#8221;) THAT DO NOT TRACK SUCH INDICES.<br /><br /><b>Treaty/Tax Risk.</b> The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (&#8220;DTAA&#8221;) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. 2007-11-12 <b>Performance Information </b> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. <b>Year by Year Returns (Years Ended December 31) </b> The best calendar quarter return during the periods shown above was 41.58% in the 2nd quarter of 2009; the worst was -33.01% in the 3rd quarter of 2008.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). The Fund&#8217;s year-to-date return 2014-09-30 0.0071 <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesMSCIBRICETF column period compact * ~</div> best 2009-06-30 0.4158 worst 2008-09-30 <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesMSCIBRICETFBarChart column period compact * ~</div> -0.3301 www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) <b>Average Annual Total Returns<br />(for the periods ended December 31, 2013) </b> After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. <b>Performance Information </b> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. The voluntary waiver was discontinued on November 1, 2013. <b>Year by Year Returns (Year Ended December 31) </b> -0.0216 The best calendar quarter return during the period shown above was 5.55% in the 3rd quarter of 2013; the worst was -7.83% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). <b>Average Annual Total Returns </b><br /><b>(for the periods ended December 31, 2013) </b> -0.0216 -0.0255 -0.0086 -0.022 0.019 0.0153 0.0148 0.0172 2012-10-18 As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. December 31, 2015 0.08 <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. <b>Portfolio Turnover. </b> <b>Example.</b> You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: 0.1 Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (&#8220;NAV&#8221;) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). <b>Industry Concentration Policy. </b>The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The Fund&#8217;s year-to-date return 2014-09-30 0.0273 best 2013-09-30 0.0555 worst 2013-06-30 -0.0783 <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesMSCIColombiaCappedETF column period compact * ~</div> iSHARES<sup>&#174;</sup> MSCI COLOMBIA CAPPED ETF<br />Ticker: ICOL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca <b>Investment Objective </b> The iShares MSCI Colombia Capped ETF (the &#8220;Fund&#8221;) seeks to track the investment results of a broad-based index composed of Colombian equities. <b>Fees and Expenses </b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments)</b> <b>Example.</b> This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 0.0061 <b>Portfolio Turnover.</b> 0 The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 34% of the average value of its portfolio. 0 <b>Principal Investment Strategies </b> 0.0061 <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. <b>Summary of Principal Risks </b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.<br /><br /><b>Commodity Risk.</b> The Fund invests in Colombia, which is susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on the Colombian economy.<br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.<br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.<br /><br /><b>Energy Sector Risk.</b> The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.<br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.<br /><br /><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.<br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.<br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br /><br /><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.<br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br /><br /><b>Non-U.S. Securities Market Risk.</b> Non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of the Fund&#8217;s holdings difficult or impossible at times.<br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of Colombian securities or Colombian markets. The Fund is specifically exposed to <b>Central and South American Economic Risk</b>.<br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in a country whose economy is heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.</b><br /><br /><b>Risk of Investing in Colombia.</b> Investments in Colombian issuers and companies that have significant operations in Colombia involve risks that are specific to Colombia, including legal, regulatory, political and economic risks. The Colombian economy has grown steadily during the past several years, and there can be no assurance that economic growth will continue. The Colombian economy depends heavily on oil, coal and other commodity exports, making it vulnerable to commodity prices.<br /><br /><b>Risk of Investing in Emerging Markets.</b> Investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br /><br /><b>Security Risk.</b> The geographic area in which the Fund invests has experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in Colombian markets and may adversely affect their economies and the Fund's investments.<br /><br /><b>Structural Risk.</b> Colombia may be subject to considerable degrees of economic, political and social instability.<br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (&#8220;ETFs&#8221;) THAT DO NOT TRACK SUCH INDICES.<br /><br /><b>Utilities Sector Risk.</b> The utilities sector is subject to significant government regulation and oversight. Companies in the utilities sector may be adversely affected due to increases in fuel and operating costs, rising costs of financing capital construction and the cost of complying with regulations, among other factors.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. 62 As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. 0.34 <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. 195 <b>Performance Information </b> 340 As of the date of the Fund's prospectus (the &#8220;Prospectus&#8221;), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information. 762 As of the date of the Fund's prospectus (the &#8220;Prospectus&#8221;), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information. <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesMSCIColombiaCappedETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesCoreMSCIEmergingMarketsETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesCoreMSCIEmergingMarketsETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesCoreMSCIEmergingMarketsETFBarChart column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesCoreMSCIEmergingMarketsETF column period compact * ~</div> The Fund seeks to track the investment results of the MSCI All Colombia Capped Index (the &#8220;Underlying Index&#8221;), which is designed to measure the broad-based equity market in Colombia. The Underlying Index consists of equity securities of companies that are listed in Colombia and have the majority of their operations based in Colombia, as well as companies that are headquartered in Colombia and have the majority of their operations based in Colombia (but may not be listed in Colombia). The Underlying Index is a free float-adjusted market capitalization-weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight, and all issuers with a weight above 5% do not, in the aggregate, exceed 50% of the Underlying Index weight. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include energy, financials and utilities companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is calculated by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI Inc. (&#8220;MSCI&#8221;).<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. iSHARES<sup>&#174;</sup> MSCI EMERGING MARKETS<br/>ASIA ETF<br />Ticker: EEMA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NASDAQ <b>Investment Objective </b> The iShares MSCI Emerging Markets Asia ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of Asian emerging market equities. <b>Fees and Expenses </b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.49% of average daily net assets until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments) </b> 0.0068 0 0 0.0068 -0.0019 0.0049 This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: <b>Example.</b> 50 198 360 829 The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 33% of the average value of its portfolio. <b>Portfolio Turnover.</b> 0.33 <b>Principal Investment Strategies </b> The Fund seeks to track the investment results of the MSCI Emerging Markets (EM) Asia Index (the &#8220;Underlying Index&#8221;), which is designed to measure equity market performance in the emerging market countries of Asia. As of June 30, 2014, the Underlying Index consisted of issuers in the following eight emerging market countries or regions: China, India, Indonesia, Malaysia, the Philippines, South Korea, Taiwan and Thailand. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include consumer discretionary, financials and information technology companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.<br /><br />The Fund invests all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the &#8220;Subsidiary&#8221;). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term Fund, as used in this prospectus (the &#8220;Prospectus&#8221;), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is calculated by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI Inc. (&#8220;MSCI&#8221;).<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. <b>Summary of Principal Risks </b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asian Security Risk.</b> Some countries and regions in which the Fund invests have experienced acts of terrorism or strained international relations due to territorial disputes, historical animosities or other defense concerns. <br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes. <br /><br /><b>Commodity Risk.</b> The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies. <br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class. <br /><br /><b>Consumer Discretionary Sector Risk.</b> The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns.<br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.<br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.<br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.<br /><br /><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.<br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests.<br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Information Technology Sector Risk.</b> Information technology companies face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights.<br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br /><br /><b>Lack of Natural Resources Risk.</b> Certain economies to which the Fund may be exposed have few natural resources. Any fluctuation or shortage in the commodity markets could have a negative impact on those economies.<br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.<br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>Asian Economic Risk</b> and <b>Asian Structural Risk</b>.<br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.<br /><br /><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments.<br /><br /><b>Risk of Investing in Asia.</b> Investments in securities of issuers in certain Asian countries involve risks that are specific to Asia, including certain legal, regulatory, political and economic risks. Certain Asian countries have experienced expropriation and/or nationalization of assets, confiscatory taxation, political instability, armed conflict and social instability as a result of religious, ethnic, socio-economic and/or political unrest. Some economies in this region are dependent on a range of commodities, and are strongly affected by international commodity prices and particularly vulnerable to price changes for these products. The market for securities in this region may also be directly influenced by the flow of international capital, and by the economic and market conditions of neighboring countries. Many Asian economies have experienced rapid growth and industrialization, and there is no assurance that this growth rate will be maintained. Some Asian economies are highly dependent on trade and economic conditions in other countries can impact these economies.<br /><br /><b>Risk of Investing in China.</b> Investments in Chinese issuers subject the Fund to risks specific to China. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the past 25 years, the Chinese government has undertaken reform of economic and market practices and is expanding the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of tariffs or other trade barriers, or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.<br /><br /><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.<br /><br /><b>Risk of Investing in India.</b> Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.<br /><br /><b>Risk of Investing in South Korea.</b> Investments in South Korean issuers may subject the Fund to legal, regulatory, political, currency, security, and economic risks that are specific to South Korea. In addition, economic and political developments of South Korea&#8217;s neighbors may have an adverse effect on the South Korean economy.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.<br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (&#8220;ETFs&#8221;) THAT DO NOT TRACK SUCH INDICES.<br /><br /><b>Treaty/Tax Risk.</b> The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (&#8220;DTAA&#8221;) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. <b>Performance Information </b> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. <b>Year by Year Returns (Year Ended December 31) </b> The best calendar quarter return during the period shown above was 5.60% in the 3rd quarter of 2013; the worst was -5.12% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). <b>Average Annual Total Returns<br />(for the periods ended December 31, 2013) </b> After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0198 iSHARES<sup>&#174;</sup> MSCI EMERGING MARKETS CONSUMER DISCRETIONARY ETF<br />Ticker: EMDI&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NASDAQ 0.0067 <b>Investment Objective </b> 0 The iShares MSCI Emerging Markets Consumer Discretionary ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of emerging market equities in the consumer discretionary sector. 0 <b>Fees and Expenses </b> 0.0067 The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments)</b> 68 The Fund&#8217;s year-to-date return 2014-09-30 214 0.0456 best 2013-09-30 0.056 worst 2013-06-30 -0.0512 <b>Example.</b> 373 This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 835 <b>Portfolio Turnover.</b> The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 10% of the average value of its portfolio. 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com <b>Principal Investment Strategies </b> The Fund seeks to track the investment results of the MSCI Emerging Markets Consumer Discretionary Index (the &#8220;Underlying Index&#8221;), which is designed to measure the combined equity market performance of the consumer discretionary sector of emerging market countries. As of June 30, 2014, the Underlying Index consisted of issuers in the following 15 emerging market countries or regions: Brazil, Chile, China, Greece, India, Indonesia, Malaysia, Mexico, the Philippines, Poland, South Africa, South Korea, Taiwan, Thailand and Turkey. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include consumer discretionary companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.<br /><br />The Fund invests all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the &#8220;Subsidiary&#8221;). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term Fund, as used in this prospectus (the &#8220;Prospectus&#8221;), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is calculated by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI Inc. (&#8220;MSCI&#8221;).<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. <b>Summary of Principal Risks </b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes. <br /><br /><b>Commodity Risk.</b> The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies. <br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class. <br /><br /><b>Consumer Discretionary Sector Risk.</b> The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns. <br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.<br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories. <br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes. <br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests. <br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders. <br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline. <br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns. <br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV. <br /><br /><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid. <br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>Asian Economic Risk</b>. <br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets. <br /><br /><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized. <br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>Central and South American Economic Risk</b>, <b>European Economic Risk</b> and <b>U.S. Economic Risk</b>. <br /><br /><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets. <br /><br /><b>Risk of Investing in India.</b> Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.<br /><br /><b>Risk of Investing in South Korea.</b> Investments in South Korean issuers may subject the Fund to legal, regulatory, political, currency, security, and economic risks that are specific to South Korea. In addition, economic and political developments of South Korea&#8217;s neighbors may have an adverse effect on the South Korean economy. <br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund. <br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments. <br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability. <br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (&#8220;ETFs&#8221;) THAT DO NOT TRACK SUCH INDICES.<br /><br /><b>Treaty/Tax Risk.</b> The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (&#8220;DTAA&#8221;) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund. <br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. 0.1 As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. <b>Performance Information </b> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. <b>Year by Year Returns (Year Ended December 31) </b> The best calendar quarter return during the period shown above was 8.93% in the 3rd quarter of 2013; the worst was -3.27% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: December 31, 2015 best 2013-09-30 0.0893 worst 2013-06-30 -0.0327 0.0513 <b>Average Annual Total Returns </b><br /><b>(for the periods ended December 31, 2013) </b> 0.0513 0.0512 0.0318 0.0579 0.0431 0.0428 0.0349 0.0499 2012-02-08 <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesMSCIEmergingMarketsEMEAETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesMSCIEmergingMarketsEMEAETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesMSCIEmergingMarketsGrowthETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesMSCIEmergingMarketsGrowthETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesMSCIEmergingMarketsEnergyCappedETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesMSCIEmergingMarketsEnergyCappedETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesMSCIEmergingMarketsValueETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesMSCIEmergingMarketsValueETF column period compact * ~</div> You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: The expense information in the table has been restated as of March 2, 2015 to reflect current fees. 0.24 <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. iSHARES<sup>&#174;</sup> MSCI EMERGING MARKETS VALUE ETF<br />Ticker: EVAL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NASDAQ iSHARES<sup>&#174;</sup> MSCI EMERGING MARKETS GROWTH ETF<br />Ticker: EGRW&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NASDAQ 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com 0.0198 0.0139 0.0161 0.0198 2012-04-03 0.0375 0.0339 0.0302 0.0391 2012-02-08 After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. <b>Investment Objective</b> best 2014-06-30 0.0642 worst 2013-06-30 -0.0558 <b>Investment Objective</b> The iShares MSCI Emerging Markets Value ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of emerging market equities that exhibit value characteristics. The iShares MSCI Emerging Markets Growth ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of emerging market equities that exhibit growth characteristics. <b>Fees and Expenses</b> <b>Fees and Expenses</b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.49% of average daily net assets until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.49% of average daily net assets until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: December 31, 2015 <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments)</b> You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: December 31, 2015 0.0068 <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments)</b> 0 0 -0.0019 0.0068 <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesMSCIEmergingMarketsAsiaETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesMSCIEmergingMarketsAsiaETFBarChart column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesMSCIEmergingMarketsAsiaETF column period compact * ~</div> 0.0049 0.0068 0 0 This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 0.0068 -0.0019 0.0049 <b>Example.</b> 50 198 This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 360 829 <b>Example.</b> 50 The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 26% of the average value of its portfolio. 198 360 829 <b>Portfolio Turnover.</b> <b>Portfolio Turnover.</b> 0.26 <b>Principal Investment Strategies</b> The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 25% of the average value of its portfolio. The Fund seeks to track the investment results of the MSCI Emerging Markets Growth Index (the &#8220;Underlying Index&#8221;), which is a subset of the MSCI Emerging Markets Index. The Underlying Index generally represents approximately 50% of the MSCI Emerging Markets Index and consists of those securities classified by MSCI Inc. (&#8220;MSCI&#8221;) as most representing the growth style. Securities classified as growth style generally tend to have higher forecasted earnings growth rates, lower book value to price ratios, lower forward earnings to price ratios and lower dividend yields than securities representing the value style. MSCI uses a specialized framework to attribute both value and growth style characteristics to each security within the Underlying Index. Each security is evaluated based on certain value factors and growth factors, which are then used to calculate a value score and growth score. Based upon these two scores, MSCI determines the extent to which each security is assigned to the value or growth style. It is possible for a single security to have representation in both the value and growth style indexes; however, no more than 100% of a security&#8217;s float-adjusted market capitalization will be included within the combined style framework.<br /><br />As of June 30, 2014, the Underlying Index consisted of issuers in the following 23 emerging market countries or regions: Brazil, Chile, China, Colombia, the Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Malaysia, Mexico, Peru, the Philippines, Poland, Qatar, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey and the United Arab Emirates. Components primarily include consumer staples, financials and information technology companies. The component companies include large- and mid-capitalization companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.<br /><br />The Fund invests all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the &#8220;Subsidiary&#8221;). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term Fund, as used in this prospectus (the &#8220;Prospectus&#8221;), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is calculated by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI.<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. 0.25 <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. <b>Summary of Principal Risks</b> <b>Principal Investment Strategies</b> The Fund seeks to track the investment results of the MSCI Emerging Markets Value Index (the &#8220;Underlying Index&#8221;), which is a subset of the MSCI Emerging Markets Index. The Underlying Index generally represents approximately 50% of the MSCI Emerging Markets Index and consists of those securities classified by MSCI Inc. (&#8220;MSCI&#8221;) as most representing the value style. Securities classified as value style generally tend to have higher book value to price ratios, higher forward earnings to price ratios, higher dividend yields and lower forecasted earnings growth rates than securities representing the growth style. MSCI uses a specialized framework to attribute both value and growth style characteristics to each security within the Underlying Index. Each security is evaluated based on certain value factors and growth factors, which are then used to calculate a value score and growth score. Based upon these two scores, MSCI determines the extent to which each security is assigned to the value or growth style. It is possible for a single security to have representation in both value and growth style indexes; however, no more than 100% of a security's float-adjusted market capitalization will be included within the combined style framework. As of June 30, 2014, the Underlying Index consisted of issuers in the following 23 emerging market countries or regions: Brazil, Chile, China, Colombia, the Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Malaysia, Mexico, Peru, the Philippines, Poland, Qatar, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey and the United Arab Emirates. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include energy, financials and materials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.<br /><br />The Fund invests all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the &#8220;Subsidiary&#8221;). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term Fund, as used in this prospectus (the &#8220;Prospectus&#8221;), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is calculated by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI.<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. <br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes. <br /><br /><b>Commodity Risk.</b> The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.<br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br /><br /><b>Consumer Staples Sector Risk.</b> The consumer staples sector may be affected by marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.<br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar. <br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.<br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes. <br /><br /><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted. <br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests. <br /><br /><b>Growth Securities Risk.</b> The Fund invests in growth securities, which may be more volatile than other types of investments, may perform differently than the market as a whole and may underperform when compared to securities with different investment parameters.<br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Information Technology Sector Risk.</b> Information technology companies face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. <br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.<br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br /><br /><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.<br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>Asian Economic Risk</b> and <b>Central and South American Economic Risk</b>.<br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.<br /><br /><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>Central and South American Economic Risk</b>, <b>European Economic Risk</b> and <b>U.S. Economic Risk</b>.<br /><br /><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets. <br /><br /><b>Risk of Investing in India.</b> Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.<br /><br /><b>Risk of Investing in Russia.</b> Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund. <br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.<br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (&#8220;ETFs&#8221;) THAT DO NOT TRACK SUCH INDICES.<br /><br /><b>Treaty/Tax Risk.</b> The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (&#8220;DTAA&#8221;) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. <b>Summary of Principal Risks</b> iSHARES<sup>&#174;</sup> MSCI EMERGING MARKETS EMEA ETF<br />Ticker: EEME&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NASDAQ iSHARES<sup>&#174;</sup> MSCI EMERGING MARKETS ENERGY CAPPED ETF<br />Ticker: EMEY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NASDAQ <b>Investment Objective</b> <b>Investment Objective</b> The iShares MSCI Emerging Markets EMEA ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of European, Middle Eastern and African emerging market equities. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The iShares MSCI Emerging Markets Energy Capped ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of emerging market equities in the energy sector. <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <b>Fees and Expenses</b> <b>Fees and Expenses</b> <b>Performance Information</b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.49% of average daily net assets until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. <br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.<br /><br /><b>Commodity Risk.</b> The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.<br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br /><br /><b>Currency Risk. </b>Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.<br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.<br /><br /><b>Energy Sector Risk.</b> The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.<br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.<br /><br /><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.<br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests.<br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.<br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br /><br /><b>Materials Sector Risk.</b> Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.<br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>Asian Economic Risk</b>.<br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.<br /><br /><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>Central and South American Economic Risk</b>, <b>European Economic Risk</b> and <b>U.S. Economic Risk</b>.<br /><br /><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.<br /><br /><b>Risk of Investing in India.</b> Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets. <br /><br /><b>Risk of Investing in Russia.</b> Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.<br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br /><br /><b>Tracking Error Risk. </b>Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (&#8220;ETFs&#8221;) THAT DO NOT TRACK SUCH INDICES. <br /><br /><b>Treaty/Tax Risk.</b> The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (&#8220;DTAA&#8221;) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.<br /><br /><b>Valuation Risk. </b>The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. <br /><br /><b>Value Securities Risk.</b> Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Year by Year Returns (Year Ended December 31)</b> <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments)</b> <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments)</b> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesEmergingMarketsHighYieldBondETF column period compact * ~</div> 0.0068 <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesEmergingMarketsHighYieldBondETFBarChart column period compact * ~</div> 0.0067 0 0 0 -0.0052 0.0068 0 -0.0019 The best calendar quarter return during the period shown above was 4.29% in the 3rd quarter of 2013; the worst was -6.28% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). 0.0067 0.0049 <b>Example.</b> <b>Example.</b> This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 50 68 198 214 360 373 829 835 www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) <b>Portfolio Turnover.</b> <b>Portfolio Turnover.</b> The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 18% of the average value of its portfolio. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 15% of the average value of its portfolio. 0.18 0.15 <b>Principal Investment Strategies</b> <b>Principal Investment Strategies</b> The Fund seeks to track the investment results of the MSCI Emerging Markets EMEA Index (the &#8220;Underlying Index&#8221;), which is designed to measure the performance of equity securities in the emerging market countries of Europe, the Middle East and Africa. As of June 30, 2014, the Underlying Index consisted of issuers in the following 10 emerging market countries: the Czech Republic, Egypt, Greece, Hungary, Poland, Qatar, Russia, South Africa, Turkey and the United Arab Emirates. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include consumer discretionary, energy and financials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is calculated by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI Inc. (&#8220;MSCI&#8221;).<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. The Fund seeks to track the investment results of the MSCI Emerging Markets Energy 25/50 Index (the &#8220;Underlying Index&#8221;), which is designed to measure the performance of energy-related companies in emerging market countries. A capping methodology is applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight, and all issuers with weight above 5% do not exceed 50% of the Underlying Index weight. As of June 30, 2014, the Underlying Index consisted of issuers in the following 15 countries or regions: Brazil, Chile, China, Colombia, Hungary, India, Indonesia, Malaysia, Poland, Russia, South Africa, South Korea, Taiwan, Thailand and Turkey. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include energy companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.<br /><br />The Fund invests all of its assets that are invested in India in a wholly owned subsidiary located in the Republic of Mauritius (the &#8220;Subsidiary&#8221;). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term &#8220;Fund,&#8221; as used in this prospectus (the &#8220;Prospectus&#8221;), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is calculated by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI Inc. (&#8220;MSCI&#8221;).<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. The Fund&#8217;s year-to-date return 2014-09-30 0.0147 best 2013-09-30 0.0429 worst 2013-06-30 -0.0628 <b>Average Annual Total Returns<br/>(for the periods ended December 31, 2013)</b> <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. -0.0052 -0.0078 0 -0.0018 0.0268 0.0232 0.0219 0.0324 2012-02-08 <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. <b>Summary of Principal Risks</b> <b>Summary of Principal Risks</b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.<br /><br /><b>Commodity Risk.</b> The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.<br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br /><br /><b>Consumer Discretionary Sector Risk.</b> The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns.<br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.<br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.<br /><br /><b>Energy Sector Risk.</b> The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.<br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.<br /><br /><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.<br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.<br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br /><br /><b>Non-U.S. Securities Market Risk.</b> Non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of the Fund&#8217;s holdings difficult or impossible at times.<br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>African Economic Risk</b> and <b>Eastern European Economic Risk</b>.<br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.<br /><br /><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>European Economic Risk</b>.<br /><br /><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.<br /><br /><b>Risk of Investing in Russia.</b> Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.<br /><br /><b>Risk of Investing in South Africa.</b> Investing in South African securities involves significant risks, including legal, regulatory and economic risks specific to South Africa. Among other things, South Africa's economy is heavily dependent on its agriculture and mining sectors, and, thus, susceptible to fluctuations in the commodity markets.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.<br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (&#8220;ETFs&#8221;) THAT DO NOT TRACK SUCH INDICES.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.<br /><br /><b>Commodity Risk.</b> The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.<br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.<br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.<br /><br /><b>Energy Sector Risk.</b> The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.<br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.<br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.<br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>Asian Economic Risk</b> and <b>Eastern European Economic Risk</b>.<br /><br /><b>Oil and Gas Industry Risk.</b> Companies in the oil and gas industry are affected by worldwide energy prices and exploration and production costs. Companies in the oil and gas industry may have significant operations in areas at risk for natural disasters, social unrest and environmental damage. These companies may also be at risk for increased government regulation and intervention, litigation, and negative publicity and public perception.<br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.<br /><br /><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>Central and South American Economic Risk</b>, <b>European Economic Risk</b> and <b>U.S. Economic Risk</b>.<br /><br /><b>Risk of Investing in China.</b> Investments in Chinese issuers subject the Fund to risks specific to China. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the past 25 years, the Chinese government has undertaken reform of economic and market practices and is expanding the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of tariffs or other trade barriers, or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.<br /><br /><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.<br /><br /><b>Risk of Investing in India.</b> Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.<br /><br /><b>Risk of Investing in Russia.</b> Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.<br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (&#8220;ETFs&#8221;) THAT DO NOT TRACK SUCH INDICES.<br /><br /><b>Treaty/Tax Risk.</b> The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (&#8220;DTAA&#8221;) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesMSCIEmergingMarketsGrowthETFBarChart column period compact * ~</div> <b>Performance Information </b> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the &#8220;Prospectus&#8221;). If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. <b>Year by Year Returns (Years Ended December 31) </b> The best calendar quarter return during the periods shown above was 6.18% in the 1st quarter of 2012; the worst was -6.06% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). <b>Average Annual Total Returns </b><br /><b>(for the periods ended December 31, 2014) </b> <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <b>Performance Information</b> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. <b>Year by Year Returns (Year Ended December 31)</b> -0.0543 The best calendar quarter return during the period shown above was 6.98% in the 3rd quarter of 2013; the worst was -9.59% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). The Fund&#8217;s year-to-date return 2014-09-30 0.0202 As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. best 2013-09-30 0.0698 As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. worst 2013-06-30 -0.0959 <b>Average Annual Total Returns<br/>(for the periods ended December 31, 2013)</b> The expense information in the table has been restated as of March 2, 2015 to reflect current fees. You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: 0.43 December 31, 2015 <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. -0.0543 -0.0588 -0.0247 -0.0511 -0.0418 -0.0454 -0.0288 -0.0387 2012-02-08 <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. <b>Performance Information</b> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesMSCIEmergingMarketsValueETFBarChart column period compact * ~</div> <b>Performance Information</b> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesMSCIEmergingMarketsAsiaETF column period compact * ~</div> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the &#8220;Prospectus&#8221;). If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <b>Year by Year Returns (Year Ended December 31)</b> <b>Year by Year Returns (Year Ended December 31)</b> -0.1092 -0.0547 The best calendar quarter return during the period shown above was 9.24% in the 3rd quarter of 2013; the worst was -8.23% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesMSCIEmergingMarketsGrowthETF column period compact * ~</div> The best calendar quarter return during the period shown above was 10.29% in the 3rd quarter of 2013; the worst was -11.78% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesMSCIEmergingMarketsValueETF column period compact * ~</div> 1-800-iShares (1-800-474-2737) (toll free) 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com www.iShares.com <b>Average Annual Total Returns</b><br /><b>(for the periods ended December 31, 2013)</b> <b>Average Annual Total Returns</b><br /><b>(for the periods ended December 31, 2013)</b> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. best 2012-03-31 0.0618 worst 2013-06-30 -0.0606 The Fund&#8217;s year-to-date return The Fund&#8217;s year-to-date return 2014-09-30 2014-09-30 -0.0582 -0.0404 -0.0213 -0.0502 -0.0367 -0.0365 best 0.0038 -0.0047 0.0005 0.0067 best 2013-09-30 2013-09-30 2011-10-18 0.0924 0.1029 worst worst 2013-06-30 2013-06-30 -0.0823 -0.1178 -0.0516 -0.0235 -0.0565 -0.0547 -0.1075 -0.0544 -0.1119 -0.1092 0.0377 0.0362 0.0342 0.0427 -0.1214 -0.0906 -0.1277 -0.1261 2012-02-08 0.1377 2012-01-18 -0.0492 -0.0404 <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesMSCIEmergingMarketsEMEAETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesMSCIEmergingMarketsEnergyCappedETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesMSCIEmergingMarketsEnergyCappedETFBarChart column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesMSCIEmergingMarketsEMEAETFBarChart column period compact * ~</div> After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesMSCIGlobalAgricultureProducersETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesMSCIGlobalAgricultureProducersETF column period compact * ~</div> Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesMSCIEmergingMarketsConsumerDiscretionaryETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesMSCIEmergingMarketsConsumerDiscretionaryETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesMSCIEmergingMarketsConsumerDiscretionaryETFBarChart column period compact * ~</div> iSHARES<sup>&#174;</sup> MSCI FRONTIER 100 ETF<br />Ticker: FM&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca <b>Investment Objective </b> The iShares MSCI Frontier 100 ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of frontier market equities. <b>Fees and Expenses </b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments)</b> This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: <b>Example.</b> The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 61% of the average value of its portfolio. <b>Portfolio Turnover.</b> <b>Principal Investment Strategies </b> The Fund seeks to track the investment results of the MSCI Frontier Markets 100 Index (the &#8220;Underlying Index&#8221;), which is designed to measure equity market performance of frontier markets while putting stronger emphasis on tradability compared to the MSCI Frontier Markets IMI (the &#8220;Parent Index&#8221;). Frontier market countries are those emerging market countries that are considered to be among the smallest, least mature and least liquid. As of November 26, 2014, the Underlying Index consisted of issuers in the following 18 frontier market countries: Argentina, Bahrain, Bangladesh, Estonia, Jordan, Kazakhstan, Kenya, Kuwait, Mauritius, Morocco, Nigeria, Oman, Pakistan, Romania, Serbia, Slovenia, Sri Lanka and Vietnam. The Underlying Index may include large-, mid- or small capitalization companies, and components primarily include energy, financials and telecommunications companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />In connection with its May 2014 Semi-Annual Index Review, the Index Provider reclassified Qatar and the United Arab Emirates from frontier market countries to emerging market countries. The Underlying Index has phased out issues in these two jurisdictions proportionately over a seven-month period. As of November 26, 2014, issuers in Qatar and the United Arab Emirates are no longer included in the Underlying Index.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is calculated by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI Inc. (&#8220;MSCI&#8221;).<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. <b>Summary of Principal Risks </b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes. <br /><br /><b>Commodity Risk.</b> The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies. <br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class. <br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar. <br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories. <br /><br /><b>Energy Sector Risk.</b> The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities. <br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes. <br /><br /><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted. <br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region. <br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders. <br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline. <br /><br /><b>Liquidity Risk.</b> Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices. <br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results. <br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns. <br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br /><br /><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid. <br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>African Economic Risk</b> and <b>Middle Eastern Economic Risk</b>. <br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets. <br /><br /><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized. <br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. <br /><br /><b>Risk of Investing in Frontier Markets.</b> Frontier markets are those emerging markets that are considered to be among the smallest, least mature and least liquid, and as a result, may be more likely to experience inflation risk, political turmoil and rapid changes in economic conditions than more developed and traditional emerging markets. Investments in frontier markets may be subject to a greater risk of loss than investments in more developed and traditional emerging markets. Frontier markets often have less uniformity in accounting and reporting requirements, unreliable securities valuation and greater risk associated with custody of securities. Economic, political, liquidity and currency risks may be more pronounced with respect to investments in frontier markets than in emerging markets. <br /><br /><b>Risk of Investing in Kuwait.</b> Investments in Kuwaiti issuers involve risks that are specific to Kuwait, including legal, regulatory, political and economic risks. <br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments. <br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability. <br /><br /><b>Telecommunications Sector Risk.</b> Companies in the telecommunications sector may be affected by industry competition, substantial capital requirements, government regulation and obsolescence of telecommunications products and services due to technological advancement. <br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (&#8220;ETFs&#8221;) THAT DO NOT TRACK SUCH INDICES.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. <b>Performance Information </b> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the &#8220;Prospectus&#8221;). <b>Year by Year Returns (Year Ended December 31) </b> The best calendar quarter return during the period shown above was 8.01% in the 1st quarter of 2013; the worst was 2.59% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). <b>Average Annual Total Returns </b><br /><b>(for the periods ended December 31, 2013) </b> 0.0079 0 0 0.0079 81 252 439 978 0.256 <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesEmergingMarketsLocalCurrencyBondETF column period compact * ~</div> 0.256 0.2516 0.2591 0.1464 0.2431 0.2398 0.1856 0.249 The Fund's year-to-date return 2014-09-30 2012-09-12 0.0042 <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesEmergingMarketsLocalCurrencyBondETFBarChart column period compact * ~</div> You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: 0.61 <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The Fund&#8217;s year-to-date return 2014-09-30 0.1829 best 2013-03-31 0.0801 <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesMSCIEmergingMarketsConsumerDiscretionaryETF column period compact * ~</div> worst 2013-06-30 0.0259 February 29, 2016 <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesMSCIFrontier100ETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesMSCIFrontier100ETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesMSCIFrontier100ETFBarChart column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesMSCIFrontier100ETF column period compact * ~</div> <b>Investment Objective </b> The iShares MSCI Global Agriculture Producers ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of agriculture. iSHARES<sup>&#174;</sup> MSCI GLOBAL AGRICULTURE PRODUCERS ETF<br />Ticker: VEGI&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca <b>Fees and Expenses </b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. &#8220;Acquired Fund Fees and Expenses&#8221; reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (&#8220;NAV&#8221;) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses attributable to the Fund's investments in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments)</b> This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: <b>Example.</b> The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 14% of the average value of its portfolio. <b>Portfolio Turnover.</b> www.iShares.com <b>Principal Investment Strategies </b> The Fund seeks to track the investment results of the MSCI ACWI Select Agriculture Producers Investable Market Index (IMI) (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (&#8220;MSCI&#8221;) to measure the combined performance of equity securities of companies primarily engaged in the business of agriculture in both developed and emerging markets. MSCI begins with the MSCI ACWI Investable Market Index (IMI), and then selects securities of companies that are primarily focused on early phase agricultural production, including companies engaged in the production of fertilizers, agricultural chemicals, agricultural products and farm machinery and related parts. Additionally, companies involved in the production of packaged foods and meats are included in the Underlying Index to the extent they derive the majority of their total revenues from agricultural commodity production. Companies that are manufacturers of finished products that rely on agricultural commodities as raw materials are excluded from the Underlying Index. The Underlying Index may include large-, mid- or small-capitalization companies. As of June 30, 2014, the Underlying Index consisted of companies in the following 29 countries or regions: Australia, Brazil, Canada, Chile, China, Denmark, Finland, France, Germany, India, Indonesia, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, Norway, Poland, Russia, Singapore, South Africa, South Korea, Sweden, Switzerland, Taiwan, Thailand, Turkey and the United States. The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is calculated by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI.<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. 1-800-iShares (1-800-474-2737) (toll free) <b>Summary of Principal Risks </b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Agricultural Production Industry Risk.</b> Companies engaged in agricultural production may be adversely affected by changes or trends in commodity prices and labor costs, which may be influenced by unpredictable factors. Many companies in the agricultural production industry are subject to government subsidy policies and environmental, health and safety laws and regulations. Any changes to these policies and regulations, or the imposition of tariffs or other trade restraints, may have a material adverse effect on companies operating in this industry. Adverse weather conditions (such as floods or droughts), natural disasters and other factors, such as disease outbreaks, also may adversely affect companies operating in this industry. <br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes. <br /><br /><b>Capital Goods Industry Group Risk.</b> The capital goods industry group may be affected by fluctuations in the business cycle. Many capital goods are sold internationally and companies in this industry group are subject to market conditions in other countries and regions. <br /><br /><b>Commodity Risk.</b> The Fund invests in companies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those companies. <br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class. <br /><br /><b>Consumer Staples Sector Risk.</b> The consumer staples sector may be affected by marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices. <br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar. <br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories. <br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes. <br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region. <br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Industrials Sector Risk.</b> The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors. <br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline. <br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results. <br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns. <br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br /><br /><b>Materials Sector Risk.</b> The Fund may invest significantly in companies in the materials sector. Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors. <br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>North American Economic Risk</b>. <br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets. <br /><br /><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized. <br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>U.S. Economic Risk</b>. <br /><br /><b>Risk of Investing in Russia.</b> Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia. <br /><br /><b>Risk of Investing in the United States.</b> The Fund has significant exposure to U.S. issuers. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure. <br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund. <br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.<br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability. <br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. <br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. <b>Performance Information </b> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. <b>Year by Year Returns (Year Ended December 31) </b> The best calendar quarter return during the period shown above was 6.63% in the 4th quarter of 2013; the worst was -5.65% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). <b>Average Annual Total Returns </b><br /><b>(for the periods ended December 31, 2013) </b> 0.0039 0 0 0.0001 0.004 -0.0001 0.0039 <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesMSCIGlobalEnergyProducersETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesMSCIGlobalEnergyProducersETF column period compact * ~</div> 40 <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesMSCIGlobalMetalsMiningProducersETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesMSCIGlobalMetalsMiningProducersETF column period compact * ~</div> 127 223 504 0.0417 0.0417 0.0387 0.0276 0.0452 0.0644 0.0625 0.0511 0.0681 2012-01-31 After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (&#8220;NAV&#8221;) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). December 31, 2015 0.14 <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The Fund&#8217;s year-to-date return 2014-09-30 -0.0142 best 2013-12-31 0.0663 worst 2013-06-30 -0.0565 <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesMSCIGlobalAgricultureProducersETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesMSCIGlobalAgricultureProducersETFBarChart column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesGlobalexUSDHighYieldCorporateBondETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesGlobalexUSDHighYieldCorporateBondETFBarChart column period compact * ~</div> iSHARES<sup>&#174;</sup> MSCI GLOBAL ENERGY PRODUCERS ETF<br />Ticker: FILL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca <b>Investment Objective</b> iSHARES<sup>&#174;</sup> MSCI GLOBAL METALS &amp; MINING PRODUCERS ETF<br />Ticker: PICK&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca The iShares MSCI Global Energy Producers ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of energy exploration and production. <b>Investment Objective</b> <b>Fees and Expenses</b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: The iShares MSCI Global Metals &amp; Mining Producers ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of global equities of companies primarily engaged in mining, extraction or production of diversified metals, excluding gold and silver. <b>Fees and Expenses</b> You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. &#8220;Acquired Fund Fees and Expenses&#8221; reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (&#8220;NAV&#8221;) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses attributable to the Fund's investments in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA. During the most recently completed fiscal year, the amount of such expenses incurred and fees waived rounded to 0.00%.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments)</b> 0.0039 <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments)</b> 0 0 0.0039 You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: December 31, 2015 iSHARES<sup>&#174;</sup> CURRENCY HEDGED MSCI EMERGING MARKETS ETF<br />Ticker: HEEM&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca <b>Investment Objective </b> The iShares Currency Hedged MSCI Emerging Markets ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of large- and mid-capitalization emerging market equities while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar. <b>Fees and Expenses </b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. &#8220;Acquired Fund Fees and Expenses&#8221; reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (&#8220;NAV&#8221;). BFA, the investment adviser to the Fund, has contractually agreed until December 31, 2020 to a reduction in the management fee of the Fund on those assets attributable to the Fund's investments in the iShares MSCI Emerging Markets ETF (&#8220;EEM&#8221;) (and those assets used by the Fund to hedge the Fund's exposure to the securities in EEM's portfolio against the U.S. dollar) such that the management fee on such assets is equal to the management fee of EEM. The contractual waiver may be terminated prior to December 31, 2020 only upon written agreement of the Company and BFA.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Annual Fund Operating Expenses<br/> (ongoing expenses that you pay each year as a<br/> percentage of the value of your investments) </b> <b>Example.</b> 40 0.0039 125 0.0078 0 219 0 0 493 0 0.0068 0 0.0146 -0.0078 0.0068 The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 8% of the average value of its portfolio. 0.0039 <b>Portfolio Turnover.</b> 0.08 This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: <b>Principal Investment Strategies</b> 0 <b>Example. </b> 0.0039 The Fund seeks to track the investment results of the MSCI ACWI Select Energy Producers Investable Market Index (IMI) (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (&#8220;MSCI&#8221;) to measure the combined performance of equity securities of companies primarily engaged in the business of energy exploration and production in both developed and emerging markets. MSCI begins with the MSCI ACWI Investable Market Index (IMI), and then selects securities of companies that are primarily focused on oil and gas exploration and production, and coal and consumable fuels production and mining. The Underlying Index may include large-, mid- or small-capitalization companies. As of June 30, 2014, the Underlying Index consisted of companies in the following 31 countries or regions: Australia, Austria, Brazil, Canada, China, Colombia, Finland, France, Greece, Hungary, India, Indonesia, Israel, Italy, Japan, Malaysia, New Zealand, Norway, Poland, Portugal, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Thailand, Turkey, the United Arab Emirates, the United Kingdom and the United States. The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is calculated by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI.<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. 69 218 This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: <b>Portfolio Turnover.</b> The Fund and the other fund in which the Fund principally invests, the iShares MSCI Emerging Markets ETF (the &#8220;Underlying Fund&#8221;), may pay transaction costs, such as commissions, when they buy and sell securities (or &#8220;turn over&#8221; their portfolios). A higher portfolio turnover rate for the Fund or the Underlying Fund may indicate higher transaction costs and cause the Fund or the Underlying Fund to incur increased expenses. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example (except costs to the Underlying Fund included as part of Acquired Fund Fees and Expenses), affect the Fund's performance. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. <b>Principal Investment Strategies </b> <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. <b>Summary of Principal Risks</b> <b>Example.</b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.<br /><br /><b>Commodity Risk.</b> The Fund invests in companies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those companies.<br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.<br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.<br /><br /><b>Energy Exploration and Production Industry Risk.</b> Companies engaged in energy exploration and production are affected by worldwide energy prices and costs related to exploration and production. Companies in the energy exploration and production industry may have significant operations in areas at risk for natural disasters, social unrest and environmental damage. These companies may also be at risk for increased government regulation and intervention, energy conservation efforts, litigation and negative publicity and perception.<br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.<br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Industrials Sector Risk.</b> The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.<br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline. <br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results. <br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns. <br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>European Economic Risk</b> and <b>North American Economic Risk</b>.<br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.<br /><br /><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>U.S. Economic Risk</b>.<br /><br /><b>Risk of Investing in Russia.</b> Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.<br /><br /><b>Risk of Investing in the United States.</b> The Fund has significant exposure to U.S. issuers. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.<br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. 40 125 219 493 The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 18% of the average value of its portfolio. 0.18 <b>Portfolio Turnover.</b> iSHARES<sup>&#174;</sup> MSCI GLOBAL GOLD MINERS ETF<br />Ticker: RING&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca <b>Investment Objective </b> The iShares MSCI Global Gold Miners ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of gold mining. <b>Fees and Expenses </b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. <b>Principal Investment Strategies</b> <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <b>Performance Information</b> The Fund seeks to track the investment results of the MSCI ACWI Select Metals &amp; Mining Producers ex Gold &amp; Silver Investable Market Index (IMI) (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (&#8220;MSCI&#8221;) to measure the combined performance of equity securities of companies primarily involved in the extraction or production of diversified metals, the production of aluminum or steel, and in the mining of precious metals and minerals (excluding gold and silver) in both developed and emerging markets. MSCI begins with the MSCI ACWI Investable Market Index (IMI), and then selects securities of companies that are primarily focused on extraction and production of aluminum, steel and diversified metals and mining. The Underlying Index excludes companies that are included in the MSCI ACWI Select Gold Miners Investable Market Index (IMI) and MSCI ACWI Select Silver Miners Investable Market Index (IMI). The Underlying Index may include large-, mid- or small-capitalization companies. As of June 30, 2014, the Underlying Index consisted of companies in the following 35 countries or regions: Australia, Austria, Belgium, Brazil, Canada, Chile, China, Egypt, Finland, France, Germany, Greece, Hong Kong, India, Indonesia, Japan, Malaysia, Mexico, the Netherlands, Norway, Peru, the Philippines, Poland, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Kingdom and the United States. The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is calculated by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI.<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the &#8220;Prospectus&#8221;). You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments) </b> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. 0.0039 0 Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. 0 0.0039 <b>Year by Year Returns (Year Ended December 31)</b> <b>Example.</b> 0.1329 This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 40 125 219 493 <b>Portfolio Turnover.</b> The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 22% of the average value of its portfolio. 0.22 <b>Principal Investment Strategies </b> The Fund seeks to track the investment results of the MSCI ACWI Select Gold Miners Investable Market Index (IMI) (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (&#8220;MSCI&#8221;) to measure the combined performance of equity securities of companies primarily engaged in the business of gold mining in both developed and emerging markets. MSCI begins with the MSCI ACWI Investable Market Index (IMI), and then selects securities of companies that are primarily focused on the extraction and production of gold, and companies that generally do not engage in hedging activity with respect to gold prices. The price of the equity securities of these companies and the price of gold may not always be closely correlated. The Underlying Index may include large-, mid- or small-capitalization companies. As of June 30, 2014, the Underlying Index consisted of companies in the following nine countries or regions: Australia, Canada, China, Hong Kong, Peru, South Africa, Turkey, the United Kingdom and the United States. The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is calculated by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI.<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. The best calendar quarter return during the period shown above was 7.46% in the 3rd quarter of 2013; the worst was -3.41% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesMSCIRussiaCappedETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesMSCIRussiaCappedETF column period compact * ~</div> <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. <b>Summary of Principal Risks </b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes. <br/><br/><b>Commodity Risk.</b> The Fund invests in companies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those companies. <br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class. <br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar. <br/><br/><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.<br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes. <br/><br/><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region. <br/><br/><b>Gold Mining Sub-Industry Risk.</b> The profitability of companies in the gold mining sub-industry is related to, among other things, the worldwide price of gold and the costs of extraction and production. Worldwide gold prices may fluctuate substantially over short periods of time, so the Fund&#8217;s share price may be more volatile than other types of investments. Gold mining companies may be adversely affected by changes in exchange rates, interest rates, economic conditions, tax treatment, government regulation and intervention and world events in the regions in which the companies operate (e.g., expropriation, nationalization, confiscation of assets and property, repatriation of capital, military coups, social unrest, violence and labor unrest). The price of the equity securities of these companies and the price of gold may not always be closely correlated. <br/><br/><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline. <br/><br/><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results. <br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns. <br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV. <br/><br/><b>Materials Sector Risk.</b> The Fund may invest significantly in companies in the materials sector. Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.<br /><br /><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid. <br/><br/><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>North American Economic Risk</b>. <br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets. <br/><br/><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized. <br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk, North American Economic Risk</b> and <b>U.S. Economic Risk</b>.<br /><br /><b>Risk of Investing in Canada.</b> Investments in Canadian issuers may subject the Fund to economic risk specific to Canada. Among other things, the Canadian economy is heavily dependent on relationships with certain key trading partners, including the United States, European Union (the &#8220;EU&#8221;) countries and China. The Canadian economy is sensitive to fluctuations in certain commodity markets. <br/><br/><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets. <br/><br/><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments. <br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability. <br/><br/><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. The Fund&#8217;s year-to-date return 2014-09-30 0.0028 best 2013-09-30 0.0746 worst 2013-06-30 -0.0341 <b>Average Annual Total Returns<br/>(for the periods ended December 31, 2013)</b> 0.1329 0.1271 0.0815 0.1312 0.0534 0.0494 0.0429 0.0527 2012-01-31 <b>Summary of Principal Risks</b> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesMSCIRussiaCappedETF column period compact * ~</div> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's NAV, trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.<br /><br /><b>Commodity Risk.</b> The Fund invests in companies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those companies.<br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.<br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.<br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.<br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.<br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br /><br /><b>Materials Sector Risk.</b> The Fund may invest significantly in companies in the materials sector. Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.<br /><br /><b>Metals and Mining Industry Risk.</b> Companies in the metals and mining industry are susceptible to fluctuations in worldwide metal prices, and extraction and production costs. In addition, metals and mining companies may have significant operations in areas at risk for social and political unrest, security concerns and environmental damage. These companies may also be at risk for increased government regulation and intervention. Such risks may adversely affect the issuers to which the Fund has exposure.<br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>Asian Economic Risk, Australasian Economic Risk</b> and <b>European Economic Risk</b>. <br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.<br /><br /><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk</b> and <b>U.S. Economic Risk</b>.<br /><br /><b>Risk of Investing in Australia.</b> Investments in Australian issuers may subject the Fund to regulatory, political, currency, security, and economic risk specific to Australia. The Australian economy is heavily dependent on exports from the agricultural and mining sectors. This makes the Australian economy susceptible to fluctuations in the commodity markets. Australia is also dependent on trading with key trading partners.<br /><br /><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.<br /><br /><b>Risk of Investing in Russia.</b> Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.<br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesMSCIRussiaCappedETFBarChart column period compact * ~</div> After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. <b>Performance Information </b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesMSCIGlobalEnergyProducersETF column period compact * ~</div> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesMSCIGlobalEnergyProducersETFBarChart column period compact * ~</div> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. <b>Year by Year Returns (Year Ended December 31) </b> -0.5216 <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. iSHARES<sup>&#174;</sup> MSCI RUSSIA CAPPED ETF<br />Ticker: ERUS &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca <b>Investment Objective</b> The iShares MSCI Russia Capped ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of Russian equities. <b>Fees and Expenses</b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <b>Performance Information</b> You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. The Fund seeks to track the investment results of the MSCI Emerging Markets 100% Hedged to USD Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (&#8220;MSCI&#8221;) as an equity benchmark for global emerging markets stock performance with the currency risk of the securities included in the Underlying Index hedged against the U.S. dollar on a monthly basis. As of June 30, 2014, the Underlying Index consisted of securities from the following 23 emerging market countries: Brazil, Chile, China, Colombia, the Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Malaysia, Mexico, Peru, the Philippines, Poland, Qatar, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey and the United Arab Emirates. The Underlying Index may include large- or mid-capitalization companies, and components primarily include energy, financials and information technology companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />Currently, the Fund achieves its investment objective by investing a substantial portion of its assets in one Underlying Fund, the iShares MSCI Emerging Markets ETF.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund and the Underlying Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities or other instruments comprising the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund or the Underlying Fund may or may not hold all of the securities in its Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the Underlying Fund) and other instruments of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Components of the Underlying Index include equity securities and foreign currency forward contracts (both deliverable and non-deliverable) designed to hedge against non-U.S. currency fluctuations. The notional exposure to foreign currency forward contracts (deliverable and non-deliverable) generally will be a short position that hedges the currency risk of the equity portfolio. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Underlying Index applies a methodology that sells forward the total value of the non-U.S. dollar denominated securities included in the Underlying Index at a one-month forward rate to effectively create a &#8220;hedge&#8221; against fluctuations in the relative value of the component currencies in relation to the U.S. dollar. The hedge is reset on a monthly basis. The Underlying Index is designed to have higher returns than an equivalent unhedged investment when the component currencies are weakening relative to the U.S. dollar. Conversely, the Underlying Index is designed to have lower returns than an equivalent unhedged investment when the component currencies are rising relative to the U.S. dollar.<br /><br />In order to replicate the &#8220;hedging&#8221; component of the Underlying Index, the Fund intends to enter into foreign currency forward contracts designed to offset the Fund&#8217;s exposure to the component currencies. A foreign currency forward contract is a contract between two parties to buy or sell a specified amount of a specific currency in the future at an agreed upon exchange rate. The Fund's exposure to foreign currency forward contracts is based on the aggregate exposure of the Fund to the component currencies. While this approach is designed to minimize the impact of currency fluctuations on Fund returns, it does not necessarily eliminate the Fund&#8217;s exposure to the component currencies. The return of the foreign currency forward contracts may not perfectly offset the actual fluctuations between the component currencies and the U.S. dollar.<br /><br />The Fund may use non-deliverable forward (&#8220;NDF&#8221;) contracts to execute its hedging transactions. An NDF is a contract where there is no physical settlement of two currencies at maturity. Rather, based on the movement of the currencies, a net cash settlement will be made by one party to the other.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is calculated by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI.<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. 0.0062 0 The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. 0 0.0062 Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. <b>Example.</b> <b>Year by Year Returns (Year Ended December 31)</b> This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: -0.0753 63 199 346 774 <b>Portfolio Turnover.</b> The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance.<br /><br />The Fund previously operated as the sole series of iShares MSCI Russia Capped ETF, Inc. (the &#8220;Predecessor Fund&#8221;). During the most recent fiscal year, the Predecessor Fund's portfolio turnover rate was 15% of the average value of its portfolio. The best calendar quarter return during the period shown above was 19.37% in the 3rd quarter of 2013; the worst was -15.89% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). 0.15 <b>Principal Investment Strategies</b> <b>Summary of Principal Risks </b> The Fund&#8217;s year-to-date return As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below (either directly or through its investments in the Underlying Fund), any of which may adversely affect the Fund's NAV, trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes. <br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's or the Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class. <br /><br /><b>Currency Hedging Risk.</b> When a derivative is used as a hedge against a position that the Fund holds, any loss generated by the derivative generally should be substantially offset by gains on the hedged investment, and vice versa. While hedging can reduce or eliminate losses, it can also reduce or eliminate gains. Hedges are sometimes subject to imperfect matching between the derivative and its reference asset, and there can be no assurance that the Fund&#8217;s hedging transactions will be effective.<br/><br/>In seeking to track the performance of the Underlying Index, the Fund will attempt to hedge the currency exposure of non-U.S. dollar denominated securities held in its portfolio by investing in foreign currency forward contracts, which may include both physically-settled forward contracts and NDFs. NDFs may be less liquid than deliverable forward currency contracts. A lack of liquidity in NDFs of the hedged currency could result in the Fund being unable to structure its hedging transactions as intended. In addition, BFA may seek to limit the size of the Fund in order to attempt to reduce a situation where the Fund is unable to obtain sufficient liquidity in an underlying currency to implement its investment objective.<br /><br />Foreign currency forward contracts, including NDFs, do not eliminate movements in the value of non-U.S. currencies and securities but rather allow the Fund to establish a fixed rate of exchange for a future point in time. Exchange rates may be volatile and may change quickly and unpredictably in response to both global economic developments and economic conditions in a geographic region in which the Fund or the Underlying Fund invests. In addition, the Fund&#8217;s exposure to the value of the component currencies may not be fully hedged at all times. Because the Fund&#8217;s currency hedge is reset on a monthly basis, currency risk can develop or increase intra-month. Furthermore, while the Fund is designed to hedge against currency fluctuations, it is possible that a degree of currency exposure may remain even at the time a hedging transaction is implemented. As a result, the Fund may not be able to structure its hedging transactions as anticipated or its hedging transactions may not successfully reduce the currency risk included in the Fund&#8217;s portfolio. The effectiveness of the Fund&#8217;s currency hedging strategy will in general be affected by the volatility of both the Underlying Index, and the volatility of the U.S. dollar relative to the currencies to be hedged. Increased volatility will generally reduce the effectiveness of the Fund&#8217;s currency hedging strategy. The effectiveness of the Fund&#8217;s currency hedging strategy may also in general be affected by interest rates. Significant differences between U.S. dollar interest rates and foreign currency interest rates may impact the effectiveness of the Fund&#8217;s currency hedging strategy.<br /><br /><b>Currency Risk. </b>Because the Fund's and the Underlying Fund's NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar and the Fund's attempt to hedge currency exposure is unsuccessful. Generally, an increase in the value of the U.S. dollar against a foreign currency will reduce the value of a security denominated in that foreign currency, thereby decreasing the Fund's overall NAV. In addition, fluctuations in the exchange rates of currencies could affect the economy or particular business operations of companies in a geographic region, including securities in which the Fund or the Underlying Fund invests, causing an adverse impact on the Fund&#8217;s or the Underlying Fund&#8217;s investments in the affected region and the United States. As a result, investors have the potential for losses regardless of the length of time they intend to hold Fund shares.<br /><br /><b>Custody Risk.</b> Less developed markets are more likely than more developed securities markets to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories. <br /><br /><b>Derivatives Risk. </b>The Fund will use currency forwards and NDFs to hedge the currency exposure resulting from investments in foreign securities. The Fund&#8217;s use of these instruments, like instruments in other derivatives, may reduce the Fund&#8217;s returns and/or increase volatility. Volatility is defined as the characteristic of a security, a currency, an index or a market, to fluctuate significantly in price within a short time period. Currency forwards, like other derivatives, are also subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. A risk of the Fund&#8217;s use of derivatives is that the fluctuations in their values may not correlate perfectly with the currency being hedged. The possible lack of a liquid secondary market for derivatives and the resulting inability of the Fund to sell or otherwise close a derivatives position could expose the Fund to losses and could make derivatives more difficult for the Fund to value accurately. The Fund could also suffer losses related to its derivatives positions as a result of unanticipated market movements, which losses are potentially unlimited. BFA&#8217;s use of derivatives is not intended to predict the direction of securities prices, currency exchange rates, interest rates and other economic factors, which could cause the Fund&#8217;s derivatives positions to lose value. Derivatives may give rise to a form of leverage and may expose the Fund to greater risk and increase its costs. The U.S. and certain other countries have adopted or are in the process of adopting regulatory reforms affecting the derivatives markets. These regulations may make derivatives more costly, may limit the availability of derivatives, and may otherwise adversely affect the value and performance of derivatives.<br /><br /><b>Energy Sector Risk.</b> The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities. <br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes. <br /><br /><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted. <br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund or the Underlying Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or the Underlying Fund's investments in the affected region.<br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders. <br /><br /><b>Information Technology Sector Risk.</b> Information technology companies face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. <br /><br /><b>Investment in Underlying Funds Risk.</b> The Fund expects to invest a substantial portion of its assets in the Underlying Fund, so the Fund&#8217;s investment performance is directly related to the performance of the Underlying Fund. The Fund&#8217;s NAV will change with changes in the value of the Underlying Fund and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Fund. <br/><br/>As the Fund&#8217;s allocation to the Underlying Fund changes from time to time, or to the extent that the expense ratio of the Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.<br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund or the Underlying Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline. <br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results. <br /><br /><b>Market Risk.</b> The Fund and the Underlying Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns. <br /><br /><b>Market Trading Risk.</b> The Fund and the Underlying Fund face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund or Underlying Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV. <br /><br /><b>Non-Diversification Risk.</b> The Fund or the Underlying Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>Asian Economic Risk</b>.<br /><br /><b>Passive Investment Risk.</b> The Fund and the Underlying Fund are not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets. <br /><br /><b>Privatization Risk.</b> Some countries in which the Fund or the Underlying Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund or the Underlying Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk, Central and South American Economic Risk, European Economic Risk</b> and <b>U.S. Economic Risk</b>. <br /><br /><b>Risk of Investing in Emerging Markets.</b> The Fund's or the Underlying Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.<br /><br /><b>Securities Lending Risk.</b> The Fund or the Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund. <br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund or the Underlying Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments. <br /><br /><b>Tax Risk.</b> Because the Fund is expected to invest in the Underlying Fund, the Fund&#8217;s realized losses on sales of shares of the Underlying Fund may be indefinitely or permanently deferred as &#8220;wash sales.&#8221; Distributions of short-term capital gains by the Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund&#8217;s capital loss carryforwards, if any. Capital loss carryforwards of the Underlying Fund, if any, would not offset net capital gains of the Fund. Each of these effects is caused by the Fund&#8217;s investment in the Underlying Fund and may result in distributions to Fund shareholders being of higher magnitudes and less likely to qualify for lower capital gain tax rates than if the Fund were to invest otherwise.<br /><br /><b>Tracking Error Risk. </b>Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities (including shares of the Underlying Fund) and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), differences in transaction and hedging costs and forward rates achieved, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of dividends, changes to the Underlying Index and the cost to the Fund of complying with various new or existing regulatory requirements. These risks may be heightened during times of increased market volatility or other unusual market conditions in the affected securities and/or foreign exchange markets. In addition, tracking error may result because the Fund incurs fees and expenses, while the Underlying Index does not, and because the Fund accepts creations and redemptions during time periods between which it is able to adjust its currency hedges, whereas the Underlying Index does not. To the extent that the Fund seeks its investment objective through investments in an Underlying Fund, the Fund may experience increased tracking error. The potential for increased tracking error may result from investments in an Underlying Fund due to, among other things, differences in the composition of the investment portfolio of the Underlying Fund as compared to the index tracked by the Underlying Fund and differences in the Fund&#8217;s valuation of the Underlying Fund (valued as of the close of the New York Stock Exchange, typically 4:00 p.m. Eastern Time) and the valuation of the securities (generally valued as of each security&#8217;s local market close) and the foreign currency forward contracts (generally valued at 4:00 p.m. London time) in the Underlying Index.<br /><br /><b>Valuation Risk.</b> The price the Fund and the Underlying Fund could receive upon sale of a security or unwind of a financial instrument may differ from the Fund's valuation of the security or other instrument and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's&nbsp;&nbsp;or the Underlying Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. 2014-09-30 -0.0674 The Fund&#8217;s year-to-date return 2014-09-30 0.0098 best 2013-09-30 0.0857 worst The Fund seeks to track the investment results of the MSCI Russia 25/50 Index (the &#8220;Underlying Index&#8221;), which is a free float-adjusted market capitalization-weighted index designed to measure the performance of equity securities listed on stock exchanges in Russia. The Underlying Index may include large-, mid- or small- capitalization companies, and components primarily include energy, financials and materials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is sponsored by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI Inc. (&#8220;MSCI&#8221;).<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. best 2013-09-30 0.1937 worst <b>Performance Information </b> 2013-06-30 -0.1589 As of the date of the Fund's prospectus (the &#8220;Prospectus&#8221;), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information. <b>Summary of Principal Risks</b> <b>Average Annual Total Returns<br/>(for the periods ended December 31, 2013)</b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.<br /><br /><b>Commodity Risk.</b> The Fund invests in Russia, which is susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on the Russian economy.<br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.<br /><br /><b>Custody Risk.</b> Less developed markets (including Russia) are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.<br /><br /><b>Energy Sector Risk.</b> The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.<br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.<br /><br /><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.<br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.<br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br /><br /><b>Materials Sector Risk.</b> Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.<br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of Russian securities or Russian markets. The Fund is specifically exposed to <b>Eastern European Economic Risk</b>.<br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.<br /><br /><b>Privatization Risk.</b> Russia has privatized certain entities and industries; privatized entities may lose money or be re-nationalized.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in a country whose economy is heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>European Economic Risk</b> and <b>U.S. Economic Risk</b>.<br /><br /><b>Risk of Investing in Emerging Markets.</b> Russia is an emerging markets country. The Fund's investments in emerging markets may be subject to a greater risk of loss than investments in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, unreliable securities valuation and greater risk associated with custody of securities.<br /><br /><b>Risk of Investing in Russia.</b> Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br /><br /><b>Securities Market Risk.</b> Russian securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.<br /><br /><b>Security Risk.</b> Russia has experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in Russian markets and may adversely affect its economy and the Fund's investments.<br /><br /><b>Structural Risk.</b> The country in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE TRADED FUNDS (commonly referred to as &#8220;ETFs&#8221;) THAT DO NOT TRACK SUCH INDICES.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security &nbsp;and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. -0.0753 -0.0837 -0.0373 -0.0756 As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. -0.0855 -0.0906 -0.0642 -0.0866 2012-01-31 <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <b>Performance Information</b> The Fund is continuing the operations of the Predecessor Fund, a series of iShares MSCI Russia Capped ETF, Inc. Before the Fund commenced operations, all of the assets and liabilities of the Predecessor Fund were transferred to the Fund in a reorganization (the &#8220;Reorganization&#8221;), which was tax-free for U.S. federal income tax purposes. The Reorganization occurred on January 26, 2015. As a result of the Reorganization, the Fund assumed the performance and accounting history of the Predecessor Fund.<br /><br />The bar chart and table that follow show how the Predecessor Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the &nbsp;Predecessor Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the&nbsp; Predecessor Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the &#8220;Prospectus&#8221;). The bar chart and table that follow show how the Predecessor Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. <b>Year by Year Returns (Years Ended December 31)</b> -0.2081 0.1368 -0.0322 The Predecessor Fund&#8217;s year-to-date return 2014-09-30 -0.1914 best 2012-03-31 0.1915 worst You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: 2011-09-30 -0.3119 <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. <b>Average Annual Total Returns</b><br /><b>(for the periods ended December 31, 2013)</b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com <b>Non-Diversification Risk.</b> The Fund or the Underlying Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. As of the date of the Fund's prospectus (the &#8220;Prospectus&#8221;), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. -0.0322 -0.0087 -0.0339 -0.0244 Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). -0.025 -0.0252 -0.0144 -0.019 2010-11-09 Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The expense information in the table has been restated to reflect current fees. December 31, 2020 After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesCurrencyHedgedMSCIEmergingMarketsETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesCurrencyHedgedMSCIEmergingMarketsETF column period compact * ~</div> 2013-06-30 -0.3825 The best calendar quarter return during the period shown above was 8.57% in the 3rd quarter of 2013; the worst was -38.25% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). <b>Average Annual Total Returns </b><br /><b>(for the periods ended December 31, 2013) </b> -0.5227 -0.2932 -0.5221 -0.5216 -0.2872 -0.404 -0.4049 -0.404 2012-01-31 After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesMSCIGlobalMetalsMiningProducersETF column period compact * ~</div> Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesMSCIGlobalMetalsMiningProducersETFBarChart column period compact * ~</div> <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments)</b> The best calendar quarter return during the periods shown above was 19.15% in the 1st quarter of 2012; the worst was -31.19% in the 3rd quarter of 2011.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesEmergingMarketsDividendETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesEmergingMarketsDividendETF column period compact * ~</div> 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) iSHARES<sup>&#174;</sup> EMERGING MARKETS<br />DIVIDEND ETF<br />Ticker: DVYE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca <b>Investment Objective </b> The iShares Emerging Markets Dividend ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of relatively high dividend paying equities in emerging markets. <b>Fees and Expenses </b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. &#8220;Acquired Fund Fees and Expenses&#8221; reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (&#8220;NAV&#8221;) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses attributable to the Fund's direct investments in other iShares funds until August 31, 2015. The contractual waiver may be terminated prior to August 31, 2015 only upon written agreement of the Company and BFA. During the most recently completed fiscal year, the amount of such expenses incurred and fees waived rounded to 0.00%. BFA has contractually agreed to waive any additional portion of its management fees necessary to limit the Total Annual Fund Operating Expenses to 0.49% of the average daily net assets until August 31, 2015. The contractual waiver may be terminated prior to August 31, 2015 only upon written agreement of the Company and BFA.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments)</b> This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: <b>Example.</b> The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 44% of the average value of its portfolio. iSHARES<sup>&#174;</sup> MSCI EMERGING<br />WORKFORCE ETF<br />Ticker: EMWK &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca <b>Portfolio Turnover.</b> <b>Investment Objective</b> The iShares MSCI Emerging Workforce ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index comprised primarily of companies in emerging markets that meet certain workforce demographic criteria. <b>Principal Investment Strategies </b> <b>Fees and Expenses</b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: The Fund seeks to track the investment results of the Dow Jones Emerging Markets Select Dividend Index (the &#8220;Underlying Index&#8221;), which measures the performance of a group of equity securities issued by companies in emerging market countries that have provided relatively high dividend yields on a consistent basis over time. Dividend yield is calculated using a stock&#8217;s unadjusted indicated annual dividend (not including any special dividends) divided by its unadjusted price. The starting universe for the Underlying Index is the Dow Jones Emerging Markets Total Stock Market Specialty Index, excluding countries classified as frontier markets.<br /><br />As of March 31, 2014, the Underlying Index consisted of issuers in the following countries: Brazil, Chile, China, the Czech Republic, Egypt, Hungary, India, Indonesia, Malaysia, Morocco, the Philippines, Poland, Russia, South Africa, South Korea, Taiwan, Thailand and Turkey. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include basic materials, financials, industrials and telecommunications companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is sponsored by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is S&amp;P Dow Jones Indices LLC, a subsidiary of McGraw Hill Financial, Inc. (&#8220;SPDJI&#8221;).<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments)</b> 0.0067 0 0 0.0067 <b>Example.</b> This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 68 214 <b>Portfolio Turnover.</b> The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. <b>Principal Investment Strategies</b> The Fund seeks to track the investment results of the MSCI Emerging + Frontier Markets Workforce Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (&#8220;MSCI&#8221;). The Underlying Index is designed to track the equity performance of companies in countries from the universe of MSCI Emerging + Frontier Markets Index (the &#8220;Parent Index&#8221;) that have favorable demographic criteria. The Underlying Index selects countries based on the following demographic criteria: a higher percentage of population below a specified age and the potential for a greater number of higher productivity employment opportunities based on higher education levels, higher relative urbanization and lower dependency on agriculture.<br /><br />The constituents of the resulting eligible countries are market-capitalization weighted. Countries with less than 0.25% market capitalization weight are excluded and the weights of the remaining countries are rescaled proportionately. The maximum market capitalization of country weights are capped at 20% and the remaining countries&#8217; weights are rescaled proportionately. Once country weights are determined, securities within each country are weighted by their market capitalization within their country weights.<br /><br />As of January 8, 2015, the Underlying Index consisted of 460 companies from the following 14 countries: Argentina, Brazil, Chile, China, Colombia, Egypt, Indonesia, Kuwait, Malaysia, Mexico, Peru, the Philippines, South Africa and Turkey. The Underlying Index may include large- and mid-capitalization companies, and components primarily include consumer discertionary, consumer staples, financials and telecommunications companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is sponsored by MSCI (the &#8220;Index Provider&#8221;), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. <b>Summary of Principal Risks </b> 0.0068 0 0 <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. 0 <b>Summary of Principal Risks</b> 0.0068 -0.0019 0.0049 50 198 360 829 <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesLatinAmericaBondETF column period compact * ~</div> Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (&#8220;NAV&#8221;) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). iSHARES<sup>&#174;</sup> LATIN AMERICA BOND ETF<br/>Ticker: LTAM&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NASDAQ <b>Investment Objective </b> The iShares Latin America Bond ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of U.S. dollar-denominated, corporate, sovereign and quasi-sovereign Latin American bonds. <b>Fees and Expenses </b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's NAV, trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes. <br /><br /><b>Basic Materials Industry Group Risk.</b> Companies in the basic materials industry group may be adversely impacted by changes in commodity prices or exchange rates, depletion of resources, over-production, litigation, and government regulations, among other factors. <br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class. <br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar. <br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories. <br /><br /><b>Dividend-Paying Stock Risk.</b> The Fund&#8217;s emphasis on dividend-paying stocks involves the risk that such stocks may fall out of favor with investors and underperform the market. Also, a company may reduce or eliminate its dividend. <br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes. <br /><br /><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.<br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region. <br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, and may have an adverse impact on the Fund and its shareholders. <br /><br /><b>Industrials Sector Risk.</b> The industrials sector may be affected by changes in the supply and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors. <br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline. There is no guarantee that an issuer that paid dividends in the past will continue to do so in the future or will continue paying dividends at the same level.<br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results. <br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns. <br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV. <br /><br /><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid. <br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>Asian Economic Risk</b>. <br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets. <br /><br /><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized. <br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its trading partners, the Fund is specifically exposed to <b>Asian Economic Risk</b> and <b>U.S. Economic Risk</b>. <br /><br /><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging markets may be subject to a greater risk of loss than investments in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, unreliable securities valuation and greater risk associated with custody of securities.<br /><br /><b>Risk of Investing in Russia.</b> Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia. <br /><br /><b>Risk of Investing in Taiwan.</b> Investments in Taiwanese issuers involve risks that are specific to Taiwan, including legal, regulatory, political and economic risks. <br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund. <br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments. <br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability. <br /><br /><b>Telecommunications Sector Risk.</b> Companies in the telecommunications sector may be affected by industry competition, substantial capital requirements, government regulation and obsolescence of telecommunications products and services due to technological advancement. <br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. <b>BFA EXPECTS THAT THE FUND MAY EXPERIENCE HIGHER TRACKING ERROR THAN IS TYPICAL FOR SIMILAR INDEX EXCHANGE-TRADED FUNDS.</b> <br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Annual Fund Operating Expenses<br/> (ongoing expenses that you pay each year as a<br/> percentage of the value of your investments) </b> This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. <b>Principal Investment Strategies </b> The Fund seeks to track the investment results of the Barclays Latin America Bond Index (the &#8220;Underlying Index&#8221;), which is designed to measure the performance of U.S. dollar-denominated bond markets of corporate, sovereign and quasi-sovereign issuers domiciled in Latin America. Securities included in the Underlying Index must be issued by entities domiciled in Latin America that satisfy certain eligibility requirements, and meet separate security-specific requirements. Each security issued by an eligible issuer included in the Underlying Index must have a minimum maturity of one year and a minimum par amount outstanding, depending on the credit rating and country of domicile. As of September 30, 2014, the Underlying Index consisted of both investment-grade and non-investment-grade bonds. Non-investment-grade bonds are also known as &#8220;junk bonds.&#8221;<br /><br />As of September 30, 2014, the Underlying Index consisted of issuers from the following countries: Argentina, Belize, Brazil, Chile, Colombia, the Dominican Republic, Ecuador, El Salvador, Guatemala, Jamaica, Mexico, Panama, Peru, Trinidad, Uruguay and Venezuela. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include sovereign and quasi-sovereign entities and industrials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.<br /><br />A security is considered investment-grade if it is rated Baa3 or higher by Moody&#8217;s Investors Service, Inc. (&#8220;Moody&#8217;s&#8221;) or BBB- or higher by Standard &amp; Poor&#8217;s Ratings Services and Fitch Ratings, Inc. (&#8220;Fitch&#8221;), using the middle rating of Moody&#8217;s, Standard &amp; Poor's Ratings Services and Fitch. When ratings from only two of these agencies are available, the lower rating is used. When a rating from only one of these agencies is available, that rating is used to determine index eligibility.<br /><br />The Underlying Index includes both emerging market and non-emerging market countries in Latin America. A country is considered an emerging market if it has a foreign currency sovereign rating of Baa1 or lower as determined by Moody&#8217;s or BBB+ or lower as determined by Standard &amp; Poor's Ratings Services or Fitch, using the middle rating of Moody&#8217;s, Standard &amp; Poor's Ratings Services or Fitch. When ratings from only two of these agencies are available, the lower rating is used. When a rating from only one of these agencies is available, that rating is used to determine index eligibility. A country is considered a non-emerging market country if it has a foreign currency sovereign rating of A3 or higher as determined by Moody&#8217;s or A- or higher as determined by Standard &amp; Poor's Ratings Services or Fitch.<br /><br />Securities rated investment-grade and domiciled in either an emerging market or a non-emerging market country must have a minimum of $300 million par amount outstanding. Securities rated non-investment-grade and domiciled in a non-emerging market country must have a minimum of $150 million par amount outstanding. Securities rated non-investment-grade and domiciled in an emerging market country must have a minimum of $500 million par amount outstanding; however, corporate issuers must have at least $1 billion of aggregate par amount outstanding.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (&#8220;BlackRock Cash Funds&#8221;), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is sponsored by Barclays Capital Inc. or its affiliates (the &#8220;Index Provider&#8221; or &#8220;Barclays&#8221;), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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. <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesMSCIGlobalGoldMinersETF column period compact * ~</div> After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesMSCIGlobalGoldMinersETF column period compact * ~</div> Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesMSCIGlobalGoldMinersETFBarChart column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposediSharesMSCIGlobalGoldMinersETF column period compact * ~</div> <b>Summary of Principal Risks </b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes. <br /><br /><b>Call Risk.</b> During periods of falling interest rates, an issuer of a callable bond held by the Fund may &#8220;call&#8221; or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income. <br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br /><br /><b>Credit Risk.</b> Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies. <br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories. <br /><br /><b>Extension Risk.</b> During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund&#8217;s income and potentially in the value of the Fund&#8217;s investments. <br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests. <br /><br /><b>High Yield Securities Risk.</b> Securities that are rated below investment-grade (commonly referred to as &#8220;junk bonds,&#8221; including those bonds rated lower than &#8220;BBB-&#8221; by Standard &amp; Poor's Ratings Services and Fitch, or &#8220;Baa3&#8221; by Moody's), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity. <br /><br /><b>Income Risk.</b> The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds.<br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders. <br /><br /><b>Industrials Sector Risk.</b> The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors. <br /><br /><b>Interest Rate Risk.</b> An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline. <br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline. <br /><br /><b>Liquidity Risk.</b> Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices. <br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results. <br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns. <br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV. <br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <br /><br /><b>Non-U.S. Issuers Risk.</b> Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to <b>Latin American Economic Risk</b>. <br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk, Latin American Economic Risk</b> and <b>U.S. Economic Risk</b>.<br /><br /><b>Risk of Investing in Brazil.</b> Investment in Brazilian issuers involves risks that are specific to Brazil, including legal, regulatory, political and economic risks. The Brazilian economy has historically been exposed to high rates of inflation and a high level of debt, each of which may reduce and/or prevent economic growth. <br /><br /><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets. <br /><br /><b>Risk of Investing in Mexico.</b> Investments in Mexican issuers involve risks that are specific to Mexico, including legal, regulatory, political, currency, security and economic risks. In the past, Mexico has experienced high interest rates, economic volatility and high unemployment rates.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund. <br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments. <br /><br /><b>Sovereign and Quasi-Sovereign Obligations Risk.</b> The Fund will invest in securities issued by or guaranteed by non-U.S. sovereign governments and by entities affiliated with or backed by non-U.S. sovereign governments, which may be unable or unwilling to repay principal or interest when due. In times of economic uncertainty, the prices of these securities may be more volatile than those of corporate debt obligations or of other government debt obligations. <br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. <b>Performance Information </b> As of the date of the Fund's prospectus (the &#8220;Prospectus&#8221;), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information. <b>Example.</b> <b>Portfolio Turnover.</b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <b>Performance Information</b> As of the date of the Fund's prospectus (the &#8220;Prospectus&#8221;), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information. As of the date of the Fund's prospectus (the &#8220;Prospectus&#8221;), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information. <b>Performance Information </b> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. <b>Year by Year Returns (Year Ended December 31) </b> The best calendar quarter return during the period shown above was 4.88% in the 3rd quarter of 2013; the worst was -6.85% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). <b>Average Annual Total Returns </b><br /><b>(for the periods ended December 31, 2013) </b> -0.0951 -0.0951 -0.106 -0.047 -0.1001 -0.021 -0.0298 -0.0145 -0.0252 2012-02-23 iSHARES<sup>&#174;</sup> MSCI GLOBAL SILVER<br />MINERS ETF<br />Ticker: SLVP&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca <b>Investment Objective </b> The iShares MSCI Global Silver Miners ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of silver mining. <b>Fees and Expenses </b> The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the &#8220;Company&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (formerly, Barclays Global Fund Advisors (&#8220;BGFA&#8221;)) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.<br /><br />You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Annual Fund Operating Expenses<br/>(ongoing expenses that you pay each year as a<br/>percentage of the value of your investments) </b> <b>Example.</b> This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: <b>Portfolio Turnover.</b> August 31, 2015 Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (&#8220;NAV&#8221;) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 22% of the average value of its portfolio. 0.22 0.44 <b>Principal Investment Strategies </b> The Fund seeks to track the investment results of the MSCI ACWI Select Silver Miners Investable Market Index (IMI) (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (&#8220;MSCI&#8221;) to measure the combined performance of equity securities of companies primarily engaged in the business of silver mining in both developed and emerging markets. MSCI begins with the MSCI ACWI Investable Market Index (IMI), and then selects securities of companies that are primarily focused on the extraction and production of silver. Companies which primarily invest in, but do not operate, gold mines and companies that mine or process gold and other precious metals, in addition to silver, may be included in the Underlying Index. The price of the equity securities of these companies and silver may not always be closely correlated. The Underlying Index may include large-, mid-, small- and micro-capitalization companies. As of June 30, 2014, the Underlying Index consisted of companies in the following six countries or regions: Canada, Hong Kong, Mexico, Peru, the United Kingdom and the United States. The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.<br /><br />BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br /><br />Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.<br /><br />BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.<br /><br />The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.<br /><br />The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).<br /><br />The Underlying Index is calculated by an organization (the &#8220;Index Provider&#8221;) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund&#8217;s Index Provider is MSCI.<br /><br /><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 0.0039 1-800-iShares (1-800-474-2737) (toll free) 0 After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). 0 Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0039 The Fund&#8217;s total return for the six months ended 2014-06-30 0.0292 best 2013-09-30 0.0488 worst 2013-06-30 -0.0685 40 125 219 493 As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's NAV, trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes. <br /><br /><b>Calculation Methodology Risk.</b> The Underlying Index relies on various sources of information to assess the demographic criteria of issuers included in the Parent Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology will accurately assess the demographic criteria of included countries. <br /><br /><b>Commodity Risk.</b> The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.<br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class. <br /><br /><b>Consumer Discretionary Sector Risk.</b> The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns. <br /><br /><b>Consumer Staples Sector Risk.</b> The consumer staples sector may be affected by, among other things, marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices. <br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of currency. <br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories. <br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.<br /><br /><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements, recent or future regulation on any individual financial company, or regulation on the financials sector as a whole cannot be predicted. <br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region. <br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders. <br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br /><br /><b>Liquidity Risk.</b> Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices. <br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results. <br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns. <br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV. <br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. <br /><br /><b>Non-U.S. Securities Market Risk.</b> Non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of the Fund&#8217;s holdings difficult or impossible at times.<br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>Asian Economic Risk</b> and <b>Central and South American Economic Risk.</b> <br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets. <br /><br /><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>Central and South American Economic Risk</b>, <b>European Economic Risk</b> and <b>U.S. Economic Risk&#8203;&#8203;&#8203;&#8203;&#8203;&#8203;</b>.<br /><br /><b>Risk of Investing in China.</b> Investments in Chinese issuers subject the Fund to risks specific to China. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the past 25 years, the Chinese government has undertaken reform of economic and market practices and is expanding the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of tariffs or other trade barriers, or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.<br /><br /><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.<br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br /><br /><b>Telecommunications Sector Risk.</b> Companies in the telecommunications sector may be affected by industry competition, substantial capital requirements, government regulation and obsolescence of telecommunications products and services due to technological advancement.<br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE TRADED FUNDS (commonly referred to as &#8220;ETFs&#8221;) THAT DO NOT TRACK SUCH INDICES.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.<br /><br /><b>Workforce Risk.</b> The composition of a country&#8217;s workforce or the demographics of a country used by the index methodology for country selection may not translate into the positive performance of any individual security or securities market. <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesEmergingMarketsDividendETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsiSharesEmergingMarketsDividendETFBarChart column period compact * ~</div> 0.0049 0 0 0.0049 You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows: 50 157 <b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. As of the date of the Fund's prospectus (the &#8220;Prospectus&#8221;), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information. <b>Summary of Principal Risks </b> As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective.<br /><br /><b>Asset Class Risk.</b> Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.<br /><br /><b>Commodity Risk.</b> The Fund invests in companies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those companies.<br /><br /><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br /><br /><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.<br /><br /><b>Custody Risk.</b> Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.<br /><br /><b>Equity Securities Risk.</b> Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.<br /><br /><b>Geographic Risk.</b> A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br /><br /><b>Gold Mining Sub-Industry Risk.</b> The profitability of companies in the gold mining sub-industry is related to, among other things, the worldwide price of gold and the costs of extraction and production. Worldwide gold prices may fluctuate substantially over short periods of time, so the Fund&#8217;s share price may be more volatile than other types of investments. Gold mining companies may be adversely affected by changes in exchange rates, interest rates, economic conditions, tax treatment, government regulation and intervention and world events in the regions in which the companies operate (e.g., expropriation, nationalization, confiscation of assets and property, repatriation of capital, military coups, social unrest, violence and labor unrest).<br /><br /><b>Index-Related Risk.</b> There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.<br /><br /><b>Issuer Risk.</b> Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br /><br /><b>Management Risk.</b> As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br /><br /><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.<br /><br /><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br /><br /><b>Materials Sector Risk.</b> The Fund may invest significantly in companies in the materials sector. Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.<br /><br /><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br /><br /><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to <b>North American Economic Risk</b>.<br /><br /><b>Passive Investment Risk.</b> The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.<br /><br /><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br /><br /><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to <b>Asian Economic Risk, North American Economic Risk</b> and <b>U.S. Economic Risk</b>.<br /><br /><b>Risk of Investing in Canada.</b> Investments in Canadian issuers may subject the Fund to economic risk specific to Canada. Among other things, the Canadian economy is heavily dependent on relationships with certain key trading partners, including the United States, European Union (the &#8220;EU&#8221;) countries and China. The Canadian economy is sensitive to fluctuations in certain commodity markets.<br /><br /><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.<br /><br /><b>Risk of Investing in Mexico.</b> Investments in Mexican issuers involve risks that are specific to Mexico, including legal, regulatory, political, currency, security and economic risks. In the past, Mexico has experienced high interest rates, economic volatility and high unemployment rates.<br /><br /><b>Securities Lending Risk.</b> The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br /><br /><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.<br /><br /><b>Silver Mining Sub-Industry Risk.</b> The profitability of companies in the silver mining sub-industry is related to, among other things, the worldwide price of silver and the costs of extraction and production. Worldwide silver prices may fluctuate substantially over short periods of time, so the Fund&#8217;s share price may be more volatile than other types of investments. Silver mining companies may be adversely affected by changes in exchange rates, interest rates, economic conditions, tax treatment, government regulation and intervention, and world events in the regions in which the companies operate (e.g., expropriation, nationalization, confiscation of assets and property, repatriation of capital, military coups, social unrest, violence and labor unrest). The price of the equity securities of silver mining companies and silver may not always be closely correlated.<br /><br /><b>Small-Capitalization Companies Risk.</b> Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.<br /><br /><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br /><br /><b>Tracking Error Risk.</b> Tracking error is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including differences between a security&#8217;s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund&#8217;s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br /><br /><b>Valuation Risk.</b> The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares. <b>Performance Information </b> The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. <b>Year by Year Returns (Year Ended December 31) </b> -0.5139 <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesLatinAmericaBondETF column period compact * ~</div> The best calendar quarter return during the period shown above was 9.34% in the 3rd quarter of 2013; the worst was -35.97% in the 2nd quarter of 2013.<br /><br />Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). <b>Average Annual Total Returns</b><br /><b>(for the periods ended December 31, 2013) </b> -0.5139 -0.516 -0.2894 -0.5146 -0.351 -0.3536 -0.2525 -0.3507 As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. <b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The Fund&#8217;s year-to-date return 2014-09-30 -0.0375 best 2013-09-30 0.0934 worst 2013-06-30 -0.3597 <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposedMSCIGLOBALSILVERMINERSETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposedMSCIGLOBALSILVERMINERSETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualTotalReturnsMSCIGLOBALSILVERMINERSETFBarChart column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleAverageAnnualTotalReturnsTransposedMSCIGLOBALSILVERMINERSETF column period compact * ~</div> 2012-01-31 <div style="display:none">~ http://www.iShares.com/role/ScheduleAnnualFundOperatingExpensesTransposediSharesMSCIEmergingWorkforceETF column period compact * ~</div> <div style="display:none">~ http://www.iShares.com/role/ScheduleExpenseExampleTransposediSharesMSCIEmergingWorkforceETF column period compact * ~</div> The Fund’s year-to-date return as of September 30, 2014 was 18.29%. The Fund’s year-to-date return as of September 30, 2014 was -1.42%. The expense information in the table has been restated to reflect current fees. The Fund’s year-to-date return as of September 30, 2014 was 0.28%. The Fund’s year-to-date return as of September 30, 2014 was -6.74%. The Predecessor Fund’s year-to-date return as of September 30, 2014 was -19.14%. The Fund's year-to-date return as of September 30, 2014 was 0.98%. The expense information in the table has been restated as of March 2, 2015 to reflect current fees. The Fund's total return for the six months ended June 30, 2014 was 2.92%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The Fund's year-to-date return as of September 30, 2014 was -3.75%. The Fund's year-to-date return as of September 30, 2014 was 0.71%. The Fund's year-to-date return as of September 30, 2014 was 2.73%. The Fund's year-to-date return as of September 30, 2014 was 4.56%. The Fund's year-to-date return as of September 30, 2014 was 0.42%. The Fund's year-to-date return as of September 30, 2014 was 1.47%. The Fund's year-to-date return as of September 30, 2014 was 2.02%. The Fund’s year-to-date return as of September 30, 2014 was -5.82%. The Fund’s year-to-date return as of September 30, 2014 was -3.65%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. EX-101.SCH 3 isi-20150622.xsd XBRL TAXONOMY EXTENSION SCHEMA 000000 - Document - Document and Entity Information {Elements} link:presentationLink link:calculationLink link:definitionLink 000011 - Document - Risk/Return Summary {Unlabeled} - iShares Emerging Markets Corporate Bond ETF link:presentationLink link:calculationLink link:definitionLink 000012 - Schedule - Shareholder Fees {- iShares Emerging Markets Corporate Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000013 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares Emerging Markets Corporate Bond ETF} link:calculationLink link:presentationLink link:definitionLink 000014 - Schedule - Expense Example {Transposed} {- iShares Emerging Markets Corporate Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000015 - Schedule - Expense Example, No Redemption {Transposed} {- iShares Emerging Markets Corporate Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000016 - Schedule - Annual Total Returns - iShares Emerging Markets Corporate Bond ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000017 - Schedule - Average Annual Total Returns {Transposed} {- iShares Emerging Markets Corporate Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000018 - Document - Risk/Return Detail {Unlabeled} - iShares Emerging Markets Corporate Bond ETF link:presentationLink link:calculationLink link:definitionLink 000019 - Disclosure - Risk/Return Detail Data {Elements} - iShares Emerging Markets Corporate Bond ETF link:presentationLink link:calculationLink link:definitionLink 000021 - Document - Risk/Return Summary {Unlabeled} - iShares Emerging Markets High Yield Bond ETF link:presentationLink link:calculationLink link:definitionLink 000022 - Schedule - Shareholder Fees {- iShares Emerging Markets High Yield Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000023 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares Emerging Markets High Yield Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000024 - Schedule - Expense Example {Transposed} {- iShares Emerging Markets High Yield Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000025 - Schedule - Expense Example, No Redemption {Transposed} {- iShares Emerging Markets High Yield Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000026 - Schedule - Annual Total Returns - iShares Emerging Markets High Yield Bond ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000027 - Schedule - Average Annual Total Returns {Transposed} {- iShares Emerging Markets High Yield Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000028 - Document - Risk/Return Detail {Unlabeled} - iShares Emerging Markets High Yield Bond ETF link:presentationLink link:calculationLink link:definitionLink 000029 - Disclosure - Risk/Return Detail Data {Elements} - iShares Emerging Markets High Yield Bond ETF link:presentationLink link:calculationLink link:definitionLink 000031 - Document - Risk/Return Summary {Unlabeled} - iShares Emerging Markets Local Currency Bond ETF link:presentationLink link:calculationLink link:definitionLink 000032 - Schedule - Shareholder Fees {- iShares Emerging Markets Local Currency Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000033 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares Emerging Markets Local Currency Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000034 - Schedule - Expense Example {Transposed} {- iShares Emerging Markets Local Currency Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000035 - Schedule - Expense Example, No Redemption {Transposed} {- iShares Emerging Markets Local Currency Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000036 - Schedule - Annual Total Returns - iShares Emerging Markets Local Currency Bond ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000037 - Schedule - Average Annual Total Returns {Transposed} {- iShares Emerging Markets Local Currency Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000038 - Document - Risk/Return Detail {Unlabeled} - iShares Emerging Markets Local Currency Bond ETF link:presentationLink link:calculationLink link:definitionLink 000039 - Disclosure - Risk/Return Detail Data {Elements} - iShares Emerging Markets Local Currency Bond ETF link:presentationLink link:calculationLink link:definitionLink 000041 - Document - Risk/Return Summary {Unlabeled} - iShares Global ex USD High Yield Corporate Bond ETF link:presentationLink link:calculationLink link:definitionLink 000042 - Schedule - Shareholder Fees {- iShares Global ex USD High Yield Corporate Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000043 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares Global ex USD High Yield Corporate Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000044 - Schedule - Expense Example {Transposed} {- iShares Global ex USD High Yield Corporate Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000045 - Schedule - Expense Example, No Redemption {Transposed} {- iShares Global ex USD High Yield Corporate Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000046 - Schedule - Annual Total Returns - iShares Global ex USD High Yield Corporate Bond ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000047 - Schedule - Average Annual Total Returns {Transposed} {- iShares Global ex USD High Yield Corporate Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000048 - Document - Risk/Return Detail {Unlabeled} - iShares Global ex USD High Yield Corporate Bond ETF link:presentationLink link:calculationLink link:definitionLink 000049 - Disclosure - Risk/Return Detail Data {Elements} - iShares Global ex USD High Yield Corporate Bond ETF link:presentationLink link:calculationLink link:definitionLink 000051 - Document - Risk/Return Summary {Unlabeled} - iShares Global High Yield Corporate Bond ETF link:presentationLink link:calculationLink link:definitionLink 000052 - Schedule - Shareholder Fees {- iShares Global High Yield Corporate Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000053 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares Global High Yield Corporate Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000054 - Schedule - Expense Example {Transposed} {- iShares Global High Yield Corporate Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000055 - Schedule - Expense Example, No Redemption {Transposed} {- iShares Global High Yield Corporate Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000056 - Schedule - Annual Total Returns - iShares Global High Yield Corporate Bond ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000057 - Schedule - Average Annual Total Returns {Transposed} {- iShares Global High Yield Corporate Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000058 - Document - Risk/Return Detail {Unlabeled} - iShares Global High Yield Corporate Bond ETF link:presentationLink link:calculationLink link:definitionLink 000059 - Disclosure - Risk/Return Detail Data {Elements} - iShares Global High Yield Corporate Bond ETF link:presentationLink link:calculationLink link:definitionLink 000061 - Document - Risk/Return Summary {Unlabeled} - iShares Core MSCI Emerging Markets ETF link:presentationLink link:calculationLink link:definitionLink 000062 - Schedule - Shareholder Fees {- iShares Core MSCI Emerging Markets ETF} link:presentationLink link:calculationLink link:definitionLink 000063 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares Core MSCI Emerging Markets ETF} link:presentationLink link:calculationLink link:definitionLink 000064 - Schedule - Expense Example {Transposed} {- iShares Core MSCI Emerging Markets ETF} link:presentationLink link:calculationLink link:definitionLink 000065 - Schedule - Expense Example, No Redemption {Transposed} {- iShares Core MSCI Emerging Markets ETF} link:presentationLink link:calculationLink link:definitionLink 000066 - Schedule - Annual Total Returns - iShares Core MSCI Emerging Markets ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000067 - Schedule - Average Annual Total Returns {Transposed} {- iShares Core MSCI Emerging Markets ETF} link:presentationLink link:calculationLink link:definitionLink 000068 - Document - Risk/Return Detail {Unlabeled} - iShares Core MSCI Emerging Markets ETF link:presentationLink link:calculationLink link:definitionLink 000069 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core MSCI Emerging Markets ETF link:presentationLink link:calculationLink link:definitionLink 000071 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI BRIC ETF link:presentationLink link:calculationLink link:definitionLink 000072 - Schedule - Shareholder Fees {- iShares MSCI BRIC ETF} link:presentationLink link:calculationLink link:definitionLink 000073 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares MSCI BRIC ETF} link:presentationLink link:calculationLink link:definitionLink 000074 - Schedule - Expense Example {Transposed} {- iShares MSCI BRIC ETF} link:presentationLink link:calculationLink link:definitionLink 000075 - Schedule - Expense Example, No Redemption {Transposed} {- iShares MSCI BRIC ETF} link:presentationLink link:calculationLink link:definitionLink 000076 - Schedule - Annual Total Returns - iShares MSCI BRIC ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000077 - Schedule - Average Annual Total Returns {Transposed} {- iShares MSCI BRIC ETF} link:presentationLink link:calculationLink link:definitionLink 000078 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI BRIC ETF link:presentationLink link:calculationLink link:definitionLink 000079 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI BRIC ETF link:presentationLink link:calculationLink link:definitionLink 000081 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Colombia Capped ETF link:presentationLink link:calculationLink link:definitionLink 000082 - Schedule - Shareholder Fees {- iShares MSCI Colombia Capped ETF} link:presentationLink link:calculationLink link:definitionLink 000083 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares MSCI Colombia Capped ETF} link:presentationLink link:calculationLink link:definitionLink 000084 - Schedule - Expense Example {Transposed} {- iShares MSCI Colombia Capped ETF} link:presentationLink link:calculationLink link:definitionLink 000085 - Schedule - Expense Example, No Redemption {Transposed} {- iShares MSCI Colombia Capped ETF} link:presentationLink link:calculationLink link:definitionLink 000086 - Schedule - Annual Total Returns - iShares MSCI Colombia Capped ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000087 - Schedule - Average Annual Total Returns {Transposed} {- iShares MSCI Colombia Capped ETF} link:presentationLink link:calculationLink link:definitionLink 000088 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI Colombia Capped ETF link:presentationLink link:calculationLink link:definitionLink 000089 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Colombia Capped ETF link:presentationLink link:calculationLink link:definitionLink 000091 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Emerging Markets Asia ETF link:presentationLink link:calculationLink link:definitionLink 000092 - Schedule - Shareholder Fees {- iShares MSCI Emerging Markets Asia ETF} link:presentationLink link:calculationLink link:definitionLink 000093 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares MSCI Emerging Markets Asia ETF} link:presentationLink link:calculationLink link:definitionLink 000094 - Schedule - Expense Example {Transposed} {- iShares MSCI Emerging Markets Asia ETF} link:presentationLink link:calculationLink link:definitionLink 000095 - Schedule - Expense Example, No Redemption {Transposed} {- iShares MSCI Emerging Markets Asia ETF} link:presentationLink link:calculationLink link:definitionLink 000096 - Schedule - Annual Total Returns - iShares MSCI Emerging Markets Asia ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000097 - Schedule - Average Annual Total Returns {Transposed} {- iShares MSCI Emerging Markets Asia ETF} link:presentationLink link:calculationLink link:definitionLink 000098 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI Emerging Markets Asia ETF link:presentationLink link:calculationLink link:definitionLink 000099 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Emerging Markets Asia ETF link:presentationLink link:calculationLink link:definitionLink 000101 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Emerging Markets Consumer Discretionary ETF link:presentationLink link:calculationLink link:definitionLink 000102 - Schedule - Shareholder Fees {- iShares MSCI Emerging Markets Consumer Discretionary ETF} link:presentationLink link:calculationLink link:definitionLink 000103 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares MSCI Emerging Markets Consumer Discretionary ETF} link:presentationLink link:calculationLink link:definitionLink 000104 - Schedule - Expense Example {Transposed} {- iShares MSCI Emerging Markets Consumer Discretionary ETF} link:presentationLink link:calculationLink link:definitionLink 000105 - Schedule - Expense Example, No Redemption {Transposed} {- iShares MSCI Emerging Markets Consumer Discretionary ETF} link:presentationLink link:calculationLink link:definitionLink 000106 - Schedule - Annual Total Returns - iShares MSCI Emerging Markets Consumer Discretionary ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000107 - Schedule - Average Annual Total Returns {Transposed} {- iShares MSCI Emerging Markets Consumer Discretionary ETF} link:presentationLink link:calculationLink link:definitionLink 000108 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI Emerging Markets Consumer Discretionary ETF link:presentationLink link:calculationLink link:definitionLink 000109 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Emerging Markets Consumer Discretionary ETF link:presentationLink link:calculationLink link:definitionLink 000111 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Emerging Markets EMEA ETF link:presentationLink link:calculationLink link:definitionLink 000112 - Schedule - Shareholder Fees {- iShares MSCI Emerging Markets EMEA ETF} link:presentationLink link:calculationLink link:definitionLink 000113 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares MSCI Emerging Markets EMEA ETF} link:presentationLink link:calculationLink link:definitionLink 000114 - Schedule - Expense Example {Transposed} {- iShares MSCI Emerging Markets EMEA ETF} link:presentationLink link:calculationLink link:definitionLink 000115 - Schedule - Expense Example, No Redemption {Transposed} {- iShares MSCI Emerging Markets EMEA ETF} link:presentationLink link:calculationLink link:definitionLink 000116 - Schedule - Annual Total Returns - iShares MSCI Emerging Markets EMEA ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000117 - Schedule - Average Annual Total Returns {Transposed} {- iShares MSCI Emerging Markets EMEA ETF} link:presentationLink link:calculationLink link:definitionLink 000118 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI Emerging Markets EMEA ETF link:presentationLink link:calculationLink link:definitionLink 000119 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Emerging Markets EMEA ETF link:presentationLink link:calculationLink link:definitionLink 000121 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Emerging Markets Energy Capped ETF link:presentationLink link:calculationLink link:definitionLink 000122 - Schedule - Shareholder Fees {- iShares MSCI Emerging Markets Energy Capped ETF} link:presentationLink link:calculationLink link:definitionLink 000123 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares MSCI Emerging Markets Energy Capped ETF} link:presentationLink link:calculationLink link:definitionLink 000124 - Schedule - Expense Example {Transposed} {- iShares MSCI Emerging Markets Energy Capped ETF} link:presentationLink link:calculationLink link:definitionLink 000125 - Schedule - Expense Example, No Redemption {Transposed} {- iShares MSCI Emerging Markets Energy Capped ETF} link:presentationLink link:calculationLink link:definitionLink 000126 - Schedule - Annual Total Returns - iShares MSCI Emerging Markets Energy Capped ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000127 - Schedule - Average Annual Total Returns {Transposed} {- iShares MSCI Emerging Markets Energy Capped ETF} link:presentationLink link:calculationLink link:definitionLink 000128 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI Emerging Markets Energy Capped ETF link:presentationLink link:calculationLink link:definitionLink 000129 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Emerging Markets Energy Capped ETF link:presentationLink link:calculationLink link:definitionLink 000131 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Emerging Markets Growth ETF link:presentationLink link:calculationLink link:definitionLink 000132 - Schedule - Shareholder Fees {- iShares MSCI Emerging Markets Growth ETF} link:presentationLink link:calculationLink link:definitionLink 000133 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares MSCI Emerging Markets Growth ETF} link:presentationLink link:calculationLink link:definitionLink 000134 - Schedule - Expense Example {Transposed} {- iShares MSCI Emerging Markets Growth ETF} link:presentationLink link:calculationLink link:definitionLink 000135 - Schedule - Expense Example, No Redemption {Transposed} {- iShares MSCI Emerging Markets Growth ETF} link:presentationLink link:calculationLink link:definitionLink 000136 - Schedule - Annual Total Returns - iShares MSCI Emerging Markets Growth ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000137 - Schedule - Average Annual Total Returns {Transposed} {- iShares MSCI Emerging Markets Growth ETF} link:presentationLink link:calculationLink link:definitionLink 000138 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI Emerging Markets Growth ETF link:presentationLink link:calculationLink link:definitionLink 000139 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Emerging Markets Growth ETF link:presentationLink link:calculationLink link:definitionLink 000141 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Emerging Markets Value ETF link:presentationLink link:calculationLink link:definitionLink 000142 - Schedule - Shareholder Fees {- iShares MSCI Emerging Markets Value ETF} link:presentationLink link:calculationLink link:definitionLink 000143 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares MSCI Emerging Markets Value ETF} link:presentationLink link:calculationLink link:definitionLink 000144 - Schedule - Expense Example {Transposed} {- iShares MSCI Emerging Markets Value ETF} link:presentationLink link:calculationLink link:definitionLink 000145 - Schedule - Expense Example, No Redemption {Transposed} {- iShares MSCI Emerging Markets Value ETF} link:presentationLink link:calculationLink link:definitionLink 000146 - Schedule - Annual Total Returns - iShares MSCI Emerging Markets Value ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000147 - Schedule - Average Annual Total Returns {Transposed} {- iShares MSCI Emerging Markets Value ETF} link:presentationLink link:calculationLink link:definitionLink 000148 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI Emerging Markets Value ETF link:presentationLink link:calculationLink link:definitionLink 000149 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Emerging Markets Value ETF link:presentationLink link:calculationLink link:definitionLink 000151 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Frontier 100 ETF link:presentationLink link:calculationLink link:definitionLink 000152 - Schedule - Shareholder Fees {- iShares MSCI Frontier 100 ETF} link:presentationLink link:calculationLink link:definitionLink 000153 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares MSCI Frontier 100 ETF} link:presentationLink link:calculationLink link:definitionLink 000154 - Schedule - Expense Example {Transposed} {- iShares MSCI Frontier 100 ETF} link:presentationLink link:calculationLink link:definitionLink 000155 - Schedule - Expense Example, No Redemption {Transposed} {- iShares MSCI Frontier 100 ETF} link:presentationLink link:calculationLink link:definitionLink 000156 - Schedule - Annual Total Returns - iShares MSCI Frontier 100 ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000157 - Schedule - Average Annual Total Returns {Transposed} {- iShares MSCI Frontier 100 ETF} link:presentationLink link:calculationLink link:definitionLink 000158 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI Frontier 100 ETF link:presentationLink link:calculationLink link:definitionLink 000159 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Frontier 100 ETF link:presentationLink link:calculationLink link:definitionLink 000161 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Global Agriculture Producers ETF link:presentationLink link:calculationLink link:definitionLink 000162 - Schedule - Shareholder Fees {- iShares MSCI Global Agriculture Producers ETF} link:presentationLink link:calculationLink link:definitionLink 000163 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares MSCI Global Agriculture Producers ETF} link:presentationLink link:calculationLink link:definitionLink 000164 - Schedule - Expense Example {Transposed} {- iShares MSCI Global Agriculture Producers ETF} link:presentationLink link:calculationLink link:definitionLink 000165 - Schedule - Expense Example, No Redemption {Transposed} {- iShares MSCI Global Agriculture Producers ETF} link:presentationLink link:calculationLink link:definitionLink 000166 - Schedule - Annual Total Returns - iShares MSCI Global Agriculture Producers ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000167 - Schedule - Average Annual Total Returns {Transposed} {- iShares MSCI Global Agriculture Producers ETF} link:presentationLink link:calculationLink link:definitionLink 000168 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI Global Agriculture Producers ETF link:presentationLink link:calculationLink link:definitionLink 000169 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Global Agriculture Producers ETF link:presentationLink link:calculationLink link:definitionLink 000171 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Global Energy Producers ETF link:presentationLink link:calculationLink link:definitionLink 000172 - Schedule - Shareholder Fees {- iShares MSCI Global Energy Producers ETF} link:presentationLink link:calculationLink link:definitionLink 000173 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares MSCI Global Energy Producers ETF} link:presentationLink link:calculationLink link:definitionLink 000174 - Schedule - Expense Example {Transposed} {- iShares MSCI Global Energy Producers ETF} link:presentationLink link:calculationLink link:definitionLink 000175 - Schedule - Expense Example, No Redemption {Transposed} {- iShares MSCI Global Energy Producers ETF} link:presentationLink link:calculationLink link:definitionLink 000176 - Schedule - Annual Total Returns - iShares MSCI Global Energy Producers ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000177 - Schedule - Average Annual Total Returns {Transposed} {- iShares MSCI Global Energy Producers ETF} link:presentationLink link:calculationLink link:definitionLink 000178 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI Global Energy Producers ETF link:presentationLink link:calculationLink link:definitionLink 000179 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Global Energy Producers ETF link:presentationLink link:calculationLink link:definitionLink 000181 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Global Metals & Mining Producers ETF link:presentationLink link:calculationLink link:definitionLink 000182 - Schedule - Shareholder Fees {- iShares MSCI Global Metals & Mining Producers ETF} link:presentationLink link:calculationLink link:definitionLink 000183 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares MSCI Global Metals & Mining Producers ETF} link:presentationLink link:calculationLink link:definitionLink 000184 - Schedule - Expense Example {Transposed} {- iShares MSCI Global Metals & Mining Producers ETF} link:presentationLink link:calculationLink link:definitionLink 000185 - Schedule - Expense Example, No Redemption {Transposed} {- iShares MSCI Global Metals & Mining Producers ETF} link:presentationLink link:calculationLink link:definitionLink 000186 - Schedule - Annual Total Returns - iShares MSCI Global Metals & Mining Producers ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000187 - Schedule - Average Annual Total Returns {Transposed} {- iShares MSCI Global Metals & Mining Producers ETF} link:presentationLink link:calculationLink link:definitionLink 000188 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI Global Metals & Mining Producers ETF link:presentationLink link:calculationLink link:definitionLink 000189 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Global Metals & Mining Producers ETF link:presentationLink link:calculationLink link:definitionLink 000191 - Document - Risk/Return Summary {Unlabeled} - iShares Currency Hedged MSCI Emerging Markets ETF link:presentationLink link:calculationLink link:definitionLink 000192 - Schedule - Shareholder Fees {- iShares Currency Hedged MSCI Emerging Markets ETF} link:presentationLink link:calculationLink link:definitionLink 000193 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares Currency Hedged MSCI Emerging Markets ETF} link:presentationLink link:calculationLink link:definitionLink 000194 - Schedule - Expense Example {Transposed} {- iShares Currency Hedged MSCI Emerging Markets ETF} link:presentationLink link:calculationLink link:definitionLink 000195 - Schedule - Expense Example, No Redemption {Transposed} {- iShares Currency Hedged MSCI Emerging Markets ETF} link:presentationLink link:calculationLink link:definitionLink 000196 - Schedule - Annual Total Returns - iShares Currency Hedged MSCI Emerging Markets ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000197 - Schedule - Average Annual Total Returns {Transposed} {- iShares Currency Hedged MSCI Emerging Markets ETF} link:presentationLink link:calculationLink link:definitionLink 000198 - Document - Risk/Return Detail {Unlabeled} - iShares Currency Hedged MSCI Emerging Markets ETF link:presentationLink link:calculationLink link:definitionLink 000199 - Disclosure - Risk/Return Detail Data {Elements} - iShares Currency Hedged MSCI Emerging Markets ETF link:presentationLink link:calculationLink link:definitionLink 000201 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Global Gold Miners ETF link:presentationLink link:calculationLink link:definitionLink 000202 - Schedule - Shareholder Fees {- iShares MSCI Global Gold Miners ETF} link:presentationLink link:calculationLink link:definitionLink 000203 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares MSCI Global Gold Miners ETF} link:presentationLink link:calculationLink link:definitionLink 000204 - Schedule - Expense Example {Transposed} {- iShares MSCI Global Gold Miners ETF} link:presentationLink link:calculationLink link:definitionLink 000205 - Schedule - Expense Example, No Redemption {Transposed} {- MSCI GLOBAL GOLD MINERS ETF} link:presentationLink link:calculationLink link:definitionLink 000206 - Schedule - Annual Total Returns - iShares MSCI Global Gold Miners ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000207 - Schedule - Average Annual Total Returns {Transposed} {- iShares MSCI Global Gold Miners ETF} link:presentationLink link:calculationLink link:definitionLink 000208 - Document - Risk/Return Detail {Unlabeled} - MSCI GLOBAL GOLD MINERS ETF link:presentationLink link:calculationLink link:definitionLink 000209 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Global Gold Miners ETF link:presentationLink link:calculationLink link:definitionLink 000211 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Global Silver Miners ETF link:presentationLink link:calculationLink link:definitionLink 000212 - Schedule - Shareholder Fees {- MSCI GLOBAL SILVER MINERS ETF} link:presentationLink link:calculationLink link:definitionLink 000213 - Schedule - Annual Fund Operating Expenses {Transposed} {- MSCI GLOBAL SILVER MINERS ETF} link:presentationLink link:calculationLink link:definitionLink 000214 - Schedule - Expense Example {Transposed} {- MSCI GLOBAL SILVER MINERS ETF} link:presentationLink link:calculationLink link:definitionLink 000215 - Schedule - Expense Example, No Redemption {Transposed} {- MSCI GLOBAL SILVER MINERS ETF} link:presentationLink link:calculationLink link:definitionLink 000216 - Schedule - Annual Total Returns - MSCI GLOBAL SILVER MINERS ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000217 - Schedule - Average Annual Total Returns {Transposed} {- MSCI GLOBAL SILVER MINERS ETF} link:presentationLink link:calculationLink link:definitionLink 000218 - Document - Risk/Return Detail {Unlabeled} - MSCI GLOBAL SILVER MINERS ETF link:presentationLink link:calculationLink link:definitionLink 000219 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Global Silver Miners ETF link:presentationLink link:calculationLink link:definitionLink 000221 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Russia Capped ETF link:presentationLink link:calculationLink link:definitionLink 000222 - Schedule - Shareholder Fees {- iShares MSCI Russia Capped ETF} link:presentationLink link:calculationLink link:definitionLink 000223 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares MSCI Russia Capped ETF} link:presentationLink link:calculationLink link:definitionLink 000224 - Schedule - Expense Example {Transposed} {- iShares MSCI Russia Capped ETF} link:presentationLink link:calculationLink link:definitionLink 000225 - Schedule - Expense Example, No Redemption {Transposed} {- iShares MSCI Russia Capped ETF} link:presentationLink link:calculationLink link:definitionLink 000226 - Schedule - Annual Total Returns - iShares MSCI Russia Capped ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000227 - Schedule - Average Annual Total Returns {Transposed} {- iShares MSCI Russia Capped ETF} link:presentationLink link:calculationLink link:definitionLink 000228 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI Russia Capped ETF link:presentationLink link:calculationLink link:definitionLink 000229 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Russia Capped ETF link:presentationLink link:calculationLink link:definitionLink 000231 - Document - Risk/Return Summary {Unlabeled} - iShares Emerging Markets Dividend ETF link:presentationLink link:calculationLink link:definitionLink 000232 - Schedule - Shareholder Fees {- iShares Emerging Markets Dividend ETF} link:presentationLink link:calculationLink link:definitionLink 000233 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares Emerging Markets Dividend ETF} link:presentationLink link:calculationLink link:definitionLink 000234 - Schedule - Expense Example {Transposed} {- iShares Emerging Markets Dividend ETF} link:presentationLink link:calculationLink link:definitionLink 000235 - Schedule - Expense Example, No Redemption {Transposed} {- iShares Emerging Markets Dividend ETF} link:presentationLink link:calculationLink link:definitionLink 000236 - Schedule - Annual Total Returns - iShares Emerging Markets Dividend ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000237 - Schedule - Average Annual Total Returns {Transposed} {- iShares Emerging Markets Dividend ETF} link:presentationLink link:calculationLink link:definitionLink 000238 - Document - Risk/Return Detail {Unlabeled} - iShares Emerging Markets Dividend ETF link:presentationLink link:calculationLink link:definitionLink 000239 - Disclosure - Risk/Return Detail Data {Elements} - iShares Emerging Markets Dividend ETF link:presentationLink link:calculationLink link:definitionLink 000241 - Document - Risk/Return Summary {Unlabeled} - iShares Latin America Bond ETF link:presentationLink link:calculationLink link:definitionLink 000242 - Schedule - Shareholder Fees {- iShares Latin America Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000243 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares Latin America Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000244 - Schedule - Expense Example {Transposed} {- iShares Latin America Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000245 - Schedule - Expense Example, No Redemption {Transposed} {- iShares Latin America Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000246 - Schedule - Annual Total Returns - iShares Latin America Bond ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000247 - Schedule - Average Annual Total Returns {Transposed} {- iShares Latin America Bond ETF} link:presentationLink link:calculationLink link:definitionLink 000248 - Document - Risk/Return Detail {Unlabeled} - iShares Latin America Bond ETF link:presentationLink link:calculationLink link:definitionLink 000249 - Disclosure - Risk/Return Detail Data {Elements} - iShares Latin America Bond ETF link:presentationLink link:calculationLink link:definitionLink 000251 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Emerging Workforce ETF link:presentationLink link:calculationLink link:definitionLink 000252 - Schedule - Shareholder Fees {- MSCI EMERGING WORKFORCE ETF} link:presentationLink link:calculationLink link:definitionLink 000253 - Schedule - Annual Fund Operating Expenses {Transposed} {- iShares MSCI Emerging Workforce ETF} link:presentationLink link:calculationLink link:definitionLink 000254 - Schedule - Expense Example {Transposed} {- iShares MSCI Emerging Workforce ETF} link:presentationLink link:calculationLink link:definitionLink 000255 - Schedule - Expense Example, No Redemption {Transposed} {- MSCI EMERGING WORKFORCE ETF} link:presentationLink link:calculationLink link:definitionLink 000256 - Schedule - Annual Total Returns - iShares MSCI Emerging Workforce ETF [BarChart] link:presentationLink link:calculationLink link:definitionLink 000257 - Schedule - Average Annual Total Returns {Transposed} {- iShares MSCI Emerging Workforce ETF} link:presentationLink link:calculationLink link:definitionLink 000258 - Document - Risk/Return Detail {Unlabeled} - MSCI EMERGING WORKFORCE ETF link:presentationLink link:calculationLink link:definitionLink 000259 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Emerging Workforce ETF link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 isi-20150622_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 5 isi-20150622_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 6 isi-20150622_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE 7 isi-20150622_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 8 R112.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares MSCI Global Gold Miners ETF
iSHARES® MSCI GLOBAL GOLD MINERS ETF
Ticker: RING                    Stock Exchange: NYSE Arca
Investment Objective
The iShares MSCI Global Gold Miners ETF (the “Fund”) seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of gold mining.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares MSCI Global Gold Miners ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI Global Gold Miners ETF | iShares MSCI Global Gold Miners ETF | 0.39% none none 0.39%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares MSCI Global Gold Miners ETF}
1 Year
3 Years
5 Years
10 Years
iShares MSCI Global Gold Miners ETF | iShares MSCI Global Gold Miners ETF | USD ($) 40 125 219 493
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 22% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI ACWI Select Gold Miners Investable Market Index (IMI) (the “Underlying Index”), which has been developed by MSCI Inc. (“MSCI”) to measure the combined performance of equity securities of companies primarily engaged in the business of gold mining in both developed and emerging markets. MSCI begins with the MSCI ACWI Investable Market Index (IMI), and then selects securities of companies that are primarily focused on the extraction and production of gold, and companies that generally do not engage in hedging activity with respect to gold prices. The price of the equity securities of these companies and the price of gold may not always be closely correlated. The Underlying Index may include large-, mid- or small-capitalization companies. As of June 30, 2014, the Underlying Index consisted of companies in the following nine countries or regions: Australia, Canada, China, Hong Kong, Peru, South Africa, Turkey, the United Kingdom and the United States. The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in companies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those companies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Gold Mining Sub-Industry Risk. The profitability of companies in the gold mining sub-industry is related to, among other things, the worldwide price of gold and the costs of extraction and production. Worldwide gold prices may fluctuate substantially over short periods of time, so the Fund’s share price may be more volatile than other types of investments. Gold mining companies may be adversely affected by changes in exchange rates, interest rates, economic conditions, tax treatment, government regulation and intervention and world events in the regions in which the companies operate (e.g., expropriation, nationalization, confiscation of assets and property, repatriation of capital, military coups, social unrest, violence and labor unrest). The price of the equity securities of these companies and the price of gold may not always be closely correlated.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Materials Sector Risk. The Fund may invest significantly in companies in the materials sector. Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to North American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, North American Economic Risk and U.S. Economic Risk.

Risk of Investing in Canada. Investments in Canadian issuers may subject the Fund to economic risk specific to Canada. Among other things, the Canadian economy is heavily dependent on relationships with certain key trading partners, including the United States, European Union (the “EU”) countries and China. The Canadian economy is sensitive to fluctuations in certain commodity markets.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Year Ended December 31)
Bar Chart
[1] The Fund's year-to-date return as of September 30, 2014 was 0.98%.
The best calendar quarter return during the period shown above was 8.57% in the 3rd quarter of 2013; the worst was -38.25% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2013)
Average Annual Total Returns {- iShares MSCI Global Gold Miners ETF} - iShares MSCI Global Gold Miners ETF
One Year
Since Fund Inception
Inception Date
iShares MSCI Global Gold Miners ETF (52.16%) (40.40%) Jan. 31, 2012
iShares MSCI Global Gold Miners ETF | Return After Taxes on Distributions [1] (52.27%) (40.49%)  
iShares MSCI Global Gold Miners ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (29.32%) (28.72%)  
MSCI ACWI Select Gold Miners IMI (Index returns do not reflect deductions for fees, expenses or taxes) (52.21%) (40.40%)  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 9 R54.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares MSCI Emerging Markets Consumer Discretionary ETF
iSHARES® MSCI EMERGING MARKETS CONSUMER DISCRETIONARY ETF
Ticker: EMDI                    Stock Exchange: NASDAQ
Investment Objective
The iShares MSCI Emerging Markets Consumer Discretionary ETF (the “Fund”) seeks to track the investment results of an index composed of emerging market equities in the consumer discretionary sector.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares MSCI Emerging Markets Consumer Discretionary ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI Emerging Markets Consumer Discretionary ETF | iShares MSCI Emerging Markets Consumer Discretionary ETF | 0.67% none none 0.67%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares MSCI Emerging Markets Consumer Discretionary ETF}
1 Year
3 Years
5 Years
10 Years
iShares MSCI Emerging Markets Consumer Discretionary ETF | iShares MSCI Emerging Markets Consumer Discretionary ETF | USD ($) 68 214 373 835
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 10% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Emerging Markets Consumer Discretionary Index (the “Underlying Index”), which is designed to measure the combined equity market performance of the consumer discretionary sector of emerging market countries. As of June 30, 2014, the Underlying Index consisted of issuers in the following 15 emerging market countries or regions: Brazil, Chile, China, Greece, India, Indonesia, Malaysia, Mexico, the Philippines, Poland, South Africa, South Korea, Taiwan, Thailand and Turkey. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include consumer discretionary companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.

The Fund invests all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term Fund, as used in this prospectus (the “Prospectus”), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Discretionary Sector Risk. The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Risk of Investing in South Korea. Investments in South Korean issuers may subject the Fund to legal, regulatory, political, currency, security, and economic risks that are specific to South Korea. In addition, economic and political developments of South Korea’s neighbors may have an adverse effect on the South Korean economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Year Ended December 31)
Bar Chart
[1] The Fund's year-to-date return as of September 30, 2014 was 0.42%.
The best calendar quarter return during the period shown above was 8.93% in the 3rd quarter of 2013; the worst was -3.27% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2013)
Average Annual Total Returns {- iShares MSCI Emerging Markets Consumer Discretionary ETF} - iShares MSCI Emerging Markets Consumer Discretionary ETF
One Year
Since Fund Inception
Inception Date
iShares MSCI Emerging Markets Consumer Discretionary ETF 5.13% 4.31% Feb. 08, 2012
iShares MSCI Emerging Markets Consumer Discretionary ETF | Return After Taxes on Distributions [1] 5.12% 4.28%  
iShares MSCI Emerging Markets Consumer Discretionary ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] 3.18% 3.49%  
MSCI Emerging Markets Consumer Discretionary Index (Index returns do not reflect deductions for fees, expenses or taxes) 5.79% 4.99%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 10 R48.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares MSCI Emerging Markets Asia ETF
iSHARES® MSCI EMERGING MARKETS
ASIA ETF
Ticker: EEMA                    Stock Exchange: NASDAQ
Investment Objective
The iShares MSCI Emerging Markets Asia ETF (the “Fund”) seeks to track the investment results of an index composed of Asian emerging market equities.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.49% of average daily net assets until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares MSCI Emerging Markets Asia ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares MSCI Emerging Markets Asia ETF | iShares MSCI Emerging Markets Asia ETF | 0.68% none none 0.68% (0.19%) 0.49%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares MSCI Emerging Markets Asia ETF}
1 Year
3 Years
5 Years
10 Years
iShares MSCI Emerging Markets Asia ETF | iShares MSCI Emerging Markets Asia ETF | USD ($) 50 198 360 829
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 33% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Emerging Markets (EM) Asia Index (the “Underlying Index”), which is designed to measure equity market performance in the emerging market countries of Asia. As of June 30, 2014, the Underlying Index consisted of issuers in the following eight emerging market countries or regions: China, India, Indonesia, Malaysia, the Philippines, South Korea, Taiwan and Thailand. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include consumer discretionary, financials and information technology companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.

The Fund invests all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term Fund, as used in this prospectus (the “Prospectus”), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asian Security Risk. Some countries and regions in which the Fund invests have experienced acts of terrorism or strained international relations due to territorial disputes, historical animosities or other defense concerns.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Discretionary Sector Risk. The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Information Technology Sector Risk. Information technology companies face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Lack of Natural Resources Risk. Certain economies to which the Fund may be exposed have few natural resources. Any fluctuation or shortage in the commodity markets could have a negative impact on those economies.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk and Asian Structural Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments.

Risk of Investing in Asia. Investments in securities of issuers in certain Asian countries involve risks that are specific to Asia, including certain legal, regulatory, political and economic risks. Certain Asian countries have experienced expropriation and/or nationalization of assets, confiscatory taxation, political instability, armed conflict and social instability as a result of religious, ethnic, socio-economic and/or political unrest. Some economies in this region are dependent on a range of commodities, and are strongly affected by international commodity prices and particularly vulnerable to price changes for these products. The market for securities in this region may also be directly influenced by the flow of international capital, and by the economic and market conditions of neighboring countries. Many Asian economies have experienced rapid growth and industrialization, and there is no assurance that this growth rate will be maintained. Some Asian economies are highly dependent on trade and economic conditions in other countries can impact these economies.

Risk of Investing in China. Investments in Chinese issuers subject the Fund to risks specific to China. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the past 25 years, the Chinese government has undertaken reform of economic and market practices and is expanding the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of tariffs or other trade barriers, or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Risk of Investing in South Korea. Investments in South Korean issuers may subject the Fund to legal, regulatory, political, currency, security, and economic risks that are specific to South Korea. In addition, economic and political developments of South Korea’s neighbors may have an adverse effect on the South Korean economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Year Ended December 31)
Bar Chart
[1] The Fund's year-to-date return as of September 30, 2014 was 4.56%.
The best calendar quarter return during the period shown above was 5.60% in the 3rd quarter of 2013; the worst was -5.12% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2013)
Average Annual Total Returns {- iShares MSCI Emerging Markets Asia ETF} - iShares MSCI Emerging Markets Asia ETF
One Year
Since Fund Inception
Inception Date
iShares MSCI Emerging Markets Asia ETF 1.98% 3.75% Feb. 08, 2012
iShares MSCI Emerging Markets Asia ETF | Return After Taxes on Distributions [1] 1.39% 3.39%  
iShares MSCI Emerging Markets Asia ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] 1.61% 3.02%  
MSCI EM Asia Index (Index returns do not reflect deductions for fees, expenses or taxes) 1.98% 3.91%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 11 R124.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares MSCI Russia Capped ETF
iSHARES® MSCI RUSSIA CAPPED ETF
Ticker: ERUS               Stock Exchange: NYSE Arca
Investment Objective
The iShares MSCI Russia Capped ETF (the “Fund”) seeks to track the investment results of an index composed of Russian equities.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares MSCI Russia Capped ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI Russia Capped ETF | iShares MSCI Russia Capped ETF | 0.62% none none 0.62%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares MSCI Russia Capped ETF}
1 Year
3 Years
5 Years
10 Years
iShares MSCI Russia Capped ETF | iShares MSCI Russia Capped ETF | USD ($) 63 199 346 774
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance.

The Fund previously operated as the sole series of iShares MSCI Russia Capped ETF, Inc. (the “Predecessor Fund”). During the most recent fiscal year, the Predecessor Fund's portfolio turnover rate was 15% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Russia 25/50 Index (the “Underlying Index”), which is a free float-adjusted market capitalization-weighted index designed to measure the performance of equity securities listed on stock exchanges in Russia. The Underlying Index may include large-, mid- or small- capitalization companies, and components primarily include energy, financials and materials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in Russia, which is susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on the Russian economy.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets (including Russia) are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Materials Sector Risk. Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of Russian securities or Russian markets. The Fund is specifically exposed to Eastern European Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Russia has privatized certain entities and industries; privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in a country whose economy is heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. Russia is an emerging markets country. The Fund's investments in emerging markets may be subject to a greater risk of loss than investments in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, unreliable securities valuation and greater risk associated with custody of securities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Securities Market Risk. Russian securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Security Risk. Russia has experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in Russian markets and may adversely affect its economy and the Fund's investments.

Structural Risk. The country in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE TRADED FUNDS (commonly referred to as “ETFs”) THAT DO NOT TRACK SUCH INDICES.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security  and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The Fund is continuing the operations of the Predecessor Fund, a series of iShares MSCI Russia Capped ETF, Inc. Before the Fund commenced operations, all of the assets and liabilities of the Predecessor Fund were transferred to the Fund in a reorganization (the “Reorganization”), which was tax-free for U.S. federal income tax purposes. The Reorganization occurred on January 26, 2015. As a result of the Reorganization, the Fund assumed the performance and accounting history of the Predecessor Fund.

The bar chart and table that follow show how the Predecessor Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the  Predecessor Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the  Predecessor Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”).
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Predecessor Fund’s year-to-date return as of September 30, 2014 was -19.14%.
The best calendar quarter return during the periods shown above was 19.15% in the 1st quarter of 2012; the worst was -31.19% in the 3rd quarter of 2011.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2013)
Average Annual Total Returns {- iShares MSCI Russia Capped ETF} - iShares MSCI Russia Capped ETF
One Year
Since Predecessor Fund Inception
Inception Date
iShares MSCI Russia Capped ETF (3.22%) (2.50%) Nov. 09, 2010
iShares MSCI Russia Capped ETF | Return After Taxes on Distributions [1] (3.39%) (2.52%)  
iShares MSCI Russia Capped ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (0.87%) (1.44%)  
MSCI Russia 25/50 Index (Index returns do not reflect deductions for fees, expenses or taxes) (2.44%) (1.90%)  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 12 R78.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares MSCI Emerging Markets Value ETF
iSHARES® MSCI EMERGING MARKETS VALUE ETF
Ticker: EVAL                    Stock Exchange: NASDAQ
Investment Objective
The iShares MSCI Emerging Markets Value ETF (the “Fund”) seeks to track the investment results of an index composed of emerging market equities that exhibit value characteristics.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.49% of average daily net assets until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares MSCI Emerging Markets Value ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares MSCI Emerging Markets Value ETF | iShares MSCI Emerging Markets Value ETF | 0.68% none none 0.68% (0.19%) 0.49%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares MSCI Emerging Markets Value ETF}
1 Year
3 Years
5 Years
10 Years
iShares MSCI Emerging Markets Value ETF | iShares MSCI Emerging Markets Value ETF | USD ($) 50 198 360 829
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 25% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Emerging Markets Value Index (the “Underlying Index”), which is a subset of the MSCI Emerging Markets Index. The Underlying Index generally represents approximately 50% of the MSCI Emerging Markets Index and consists of those securities classified by MSCI Inc. (“MSCI”) as most representing the value style. Securities classified as value style generally tend to have higher book value to price ratios, higher forward earnings to price ratios, higher dividend yields and lower forecasted earnings growth rates than securities representing the growth style. MSCI uses a specialized framework to attribute both value and growth style characteristics to each security within the Underlying Index. Each security is evaluated based on certain value factors and growth factors, which are then used to calculate a value score and growth score. Based upon these two scores, MSCI determines the extent to which each security is assigned to the value or growth style. It is possible for a single security to have representation in both value and growth style indexes; however, no more than 100% of a security's float-adjusted market capitalization will be included within the combined style framework. As of June 30, 2014, the Underlying Index consisted of issuers in the following 23 emerging market countries or regions: Brazil, Chile, China, Colombia, the Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Malaysia, Mexico, Peru, the Philippines, Poland, Qatar, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey and the United Arab Emirates. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include energy, financials and materials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.

The Fund invests all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term Fund, as used in this prospectus (the “Prospectus”), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Materials Sector Risk. Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.

Value Securities Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Year Ended December 31)
Bar Chart
[1] The Fund's year-to-date return as of September 30, 2014 was 2.02%.
The best calendar quarter return during the period shown above was 6.98% in the 3rd quarter of 2013; the worst was -9.59% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2013)
Average Annual Total Returns {- iShares MSCI Emerging Markets Value ETF} - iShares MSCI Emerging Markets Value ETF
One Year
Since Fund Inception
Inception Date
iShares MSCI Emerging Markets Value ETF (5.43%) (4.18%) Feb. 08, 2012
iShares MSCI Emerging Markets Value ETF | Return After Taxes on Distributions [1] (5.88%) (4.54%)  
iShares MSCI Emerging Markets Value ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (2.47%) (2.88%)  
MSCI Emerging Markets Value Index (Index returns do not reflect deductions for fees, expenses or taxes) (5.11%) (3.87%)  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 13 BarChart9.png IDEA: XBRL DOCUMENT begin 644 BarChart9.png MB5!.1PT*&@H````-24A$4@```&8```%="`8```#Q%1BX````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``%R])1$%4>)SMG7MP%56>Q[]] M'TE,(KA*)"*K`]'2P"*;14'1D6%(.3@4)0J.!0H6PZR0<0:4`30H,+)`1I$8 M0=;5&9X2=%;49=;:R:[H+NBL:&V&P52!44%B>!B",(3<&\+-O;U_)+G<].UW MG[[]ZY/S2=U*/\ZK^]OGG-]Y]&E)EF49`G($O$Z`0!TA#%&$,$01PA!%"$,4 M(0Q1A#!$$<(010A#%"$,480P1!'"$$4(0Q0A#%%"+`)I;FY&5545"@H*L'__ M?A07%V/1HD5I[A*)!$Z=.@4`R,W-A21)+*(GARS+B$:C`(!^_?HA$+#Q_,L, MF#!A@MS8V"C+LBPG$@FYKJY.U5U34Y,,H%?]FIJ:;-U3QSFFJ:D)^_?O1TU- M#5I;6W'V[%D\]MAC3H/M]3@6IJ&A`<>.'X:OZ4X6F$&X_'(2<2:7[/MT7QT!U#TJ[9"HZ%Z=NW+P!@].C1 M`(#;;[\=965EJFY3ZY2';A^B&>:#L4 M1LNOFB!:QP"\MK8"U6N?U4A`5Q0VZU''PA05%6'0H$$X=.@0;KSQ1C0T-."& M&VXP]+>C]@AR/D%>>4_.GYT MF&;$,9,>(W=6$$49480P1!'"$$4(0Q0A#%&$,$01PA!%"$,4(0Q1A#!$\;Q+ MQ@J_GCT-D7,MR?TY2RI05#RLAYMOOJK'QM7/(';A`E9NVI$\_C_OOHU//JC! MX.)AJ/^L%G?<-1$_F#@9LBSC7_[I210,&(A3WQ['G**S]/'ZZ7?4T#AVL0^'`:_"';;_%LI>KW;P<73P5 MQFIG7_.)8WCCY4H$`@%G&./'SF$ M03<,@00@OT]?M)X]`PE`Z]DSN+1/7VQ\[AG,G/\T@AY.WO!5'3-AZDQ,+9N/ M!V8_AF^/?H.M5166_,BZ$WWXKMZY_'3:/N M0,,7G^/R*_OCW-F_8LL+*[%CPTMN7(HAOA+FAIO^(;E=,GH,_OS1!^H.-29R MA[.R,&OA,JS8^*]8_O/I.-[P-0!@_/W3,>W1!;BM]&[\>_4&3"W[%5Y[\3=X M^/>!9IQ6>??,3\6HSPC3!MD59L6W=Q9OW1K[_"P,'7(1Z/X^3QHST=JZR- MM^-WZY+;^7TN0TYN/DX>;^SAYM6*)9BY8`F"H5#R+;"^?W,%6EO.,KP2<_BF M\@^&POBZ_@"VO+`2P5`(C8>_PNS%*_#9)Q]A<^4*O+CC/0#`GC_NQ-[__D]\ M>[0!K__S&CPPYW$$`@'$8C&L73(?_0=>@Z9CC;BM]&X,O_7[R?`_?O^/N'+` M0`R^\>\``+?^<#Q^_TH5OFULP/B?S,CX]4JRG+FE%R.1"/+S\P$`.^N.X9+N MUS`XHRT:P3W#K@8`M+:V(B_/^G5ZEV/T!M(SA=Z;`4["X6JVOQ>P>C!<>,!Z MMS"$\:PHRT1)QJJDLHJ8)6.`UU68$[@6QL\(88@BA"&*$(8HONF2T>-"+(:$ MG$"RNI>DKHY,J:L_4T)'0D8HT/D>>&=?A]S9IY;L^)`1D`+("CM_1Y\%Y,9C MS)BX2C?_^]E?T'3Z-!`*0PIG0`3EV M`7)[&Q+M;9#;VR!?:`48.^(62W&KI=?7YK+9F?-VW;B%6Z]=*.&X MCO'W9W&8%&63)DW"V;,7QRRJJJHP?/AP$SZU"@7E=K=;K85E6&(V#^BM?^(\ M'S$1IJ2D!,N6+;/H2U)L2BGW.O5/&8>G2I8;"W/OWUVJ>FS'O23S\F/DE1M(?4'MEBM4>[^IUSV'KB[^Q%9<1 MCH5I;6U%964EEBY="@#XXHLO3*WP]V]_:=`<6G:^&$]FAD&9P+$PX'$9=71V6+EV*4"B$^OIZK%FSQCCB-8)4%3^FK@Q')!9 M.!7&_PAAB,*Q,'Z>(,M)Y:\>CO4ZAE6:1.6OB[]S#,?"^-LJH]W`].(%%R)E M&>T5OZL+J$S-);A.$^7\_30SC&]&"$,46%'%+RG28:+.(.H9C MA#!$82),/!Y':6DI9LZ<:=J/Q/#'$BII8B+,\N7+45Q>_;LP:Q9LV#UPTWQCICF+Y&()SLY MS?Q88B7>1"*N>0U.<60NO_766[CLLLOP[+//HK:V%HI9_*[2VB MK:47VZ*1Y(-G]QME3"K_FIH:O/ONNZBKJ\,KK[QBRD\X'-;\A8)!7UAEH6!0 M\QJ(P?/]Z&3PGIZRIW;P,]*W`)Z16ZVC&G*,/4BU?KG//'Q>/Q MF-3_RFTS^UK'G&(E7G?,IYC7"X17,>MTMAS803J>#^""?TOL=@O M*ISYTHI7+SW=YWQOE75W0.I=B*F+M&-%:;DQ2).IM`JKC%](6&6IQP#]HLU) M?&;=*(LSO8]T*2U*LW$9X?EL?Q96#:N6OS(LHTXC,QTW=B%6E%$VD#.;-G*K M+\E=Y[RB.VX9LDHZM-.5ZM[_19G*%7B^5%;2*K/F7](MY*Q#K"ACB;\G8WAN ME5I$EPS'"&&(PO%Z9?:@DB9Z(YA>0Z22$4494;BPREB&0R3#B!Q#%4Z% MR4SCTLZ8C5DX7;+$?J%D-4VJSAE8:R?7:,W=T8M; MN6_M6V<4N&;77W(U\RBEA.(-`)Z:5XVKGM&8_V[T]1C.6 MK?JU!\=UC+_;,EQ891PV_)T+(\LR)DZC25+EF#Y\N4(A4+8LF4+BV`=X.]B#&`@C"1)6+RX#R. MAH8&#!TZU-@?PY]ZZ#:OQ[4T68-9';-KURZL7[\>HT>/QI@Q8PS=QV(QQ&+J M*^$%+*Y7YA7Q>!P)E?7*M*[+"LRLLM+24KSSSCOHUZ\?RLK*#-W?4G05AA;V M4?VM?]Z=5?-8L_[Y"M7TWU)TE>.P'>>8@P1JK'P7"`0\LPNLQ/N+!>7X^?PGTHY'(Q'<[%`$8@17^!@\>C!T[=ECV M)ZQE?3AN^?L;0I_"\GI!K&ZT)@\JC[N;1D)=,G8Z#K+]E%Y!B.X7B6 MC'J4AOF(2);AHB@S&X[1)QLH#2US7)09WQ[*XYP<"^-T;IFW<%&4:<=@WY>3 MM)$:6K8."VF,EJ>V`XU:QO/W_)4OD+/OOK0&B[4'6(1!9GE?MK>89%:WANE>D[,AF6X]1TA6,F32;# M<0K='.,8?^<:CH7Q=SW#L57FK$LF\S'WI%?G&,J%G??"9/#NJ$W98QXHH^OQ MT"J3()GY>AR[&$WE(2G-I#+Q"56IY[GT,*SC?8YA@IO*ZF4)E[(+/!1&ZQ*4 MEZUG).@;$)DI(]4Z87T^'F-.'".WVN=L?C;>LB]W>L@Y*9+M_VE;DECM-P6?4!^C+']`9H6&5J[\6J?1H\E=3C+"=!Z\6IE587H%&4 MV3%W7+HADE'8)IKX8@238QSGF"-'CJ"\O!PE)24X<^8,6EI:L';M6A.K)XD) M3'HX%N;,F3.X__[[<=]]]P$`[K[[;FS?OAW3IT_7]<=2EO1P[#3HK_#E#1B;FE2TH?PKSGRA/.QZ) M1!R+XUB8$2-&H+6UU;*_K'`866%&*_RE83^W6/$9"@8!E2(WQN"Z.&Y@^MLR MXU@8?T^1]726C)0R)4LYQ2S5.DJ=+9/JSHT\D9JNY/^4<\HTJ:6/1`/3-BE7 M94:<'EX5HKF5KM3_6GVJJO&+3DPM_%V,`=P*X^^*'Z`R'I,\XMT:8]WA<-.) M:1^UX4*CH+_.@Z@/:' MR%/:$$SGIW4%)@%IMH.4DH:TMDXW3XY3M,+4BY-A.GQ= ME/&,I^:RVG8J7GRIC(JY[+N78WL+'!=E_I:58V'\W25#2!@[)I8;'3MJII]R M/HR;\7?B8>7?^:<\VO._XI1F)F`WN"QU-UC2XM(S5Y2#Y'X>P;3SL&6RVG`2 MEQB/T4-4_@(7X'0\!A"?6Q2X@A"&*!P+(RI_HOB[Y<]%Y2_F+K/$?;/,'FJS M+=7VS83A`(Z+,H=WA_T\<4MP+(R_X5@84?G;POTJQE[H5"I_CG.,OQ'"$(6) M,$>/'L6L6;,P9,@0%L$)P$B8#S_\$),G3X8L4ZIP*:7%.DR$F3IU*G)SC",ZNL(Q9#1RQS"\F9Q8I%I;F0G,9U6<&SRK^PX`IY9AO3WW7M9"<\O5?"8%`]Y1[Y;1ZY53[ ME%-,4<:5^K_[GXS%3S^-)Q<_E9;&2"2"PG[.Q&&28W;MVH5MV[;A].G36+5J M%4Z?/FWH)QP.(QS.ZOK?O=VY?[$8Z[X9RFE-;F275-3>(5<^0$`P&-2X#N<+ MR3'),:6EI2@M+;7H2^^F6IWTYS0,*_Y2A5(3T$G<%R'9P&0SW3%4PVH.HN@KXQB.A:$X/&H>CH4173)$$3F&*"+'$,7?.8:LN>P<;]?7 M=(K(,41C]E88O=:9F9X6W3O`H(YQJU?'!-[.Q#3J:E)TZNJZ99DN*\==@O9: M,F;=N(E'\7-[7/J[S<9#%=6I]!U4JGFELGD%G;7VT.AMDW5=S`:.A?+9W*UZR@O#A9X[B>'];(&MMFTL`H;8Z%V;MW+PH+"Y&?GP\`N//..[%S MYTYK@6B])P,3QRG!,(V.B[*FIB;TZ=,GN7_II9>BJ:E)U6WJTHS-S2<1B>3U M[*HU>MHTBKUS?SV#:,M9(!2"%,Z"E'4>@:QL2%F70`IG(='EONW,:00D0.Z( M06YO0^+">_WU#-[]F'&_;LP:1)DYP&V^N19`9+O^[>O1NOO?8:KKWV6C0W-Z.R MLA*A4'IF3"02.'7J%.+Q.')RRS4QK:"U)J8LRXA&HP@$`NC?OS\" M`>O//Q-A!.RAU\`4`!#"D$4(0Q0A#%&$,$3A2IBQ8\P>K5JS%ITB2\__[[F4ZF*;Q=LL0EXO$XZNOK,7;LV+3NH?;V M=JQ;MP[9V=D8-FP8%BU:A-K:6H]2J@U7.>:!!QX`T+F"^,,//ZS:@%VX<"&R ML[,!`%]^^26N6T32:A:L<,V?.'%/NFIN;45%1@=K:6FS9LL7E5-F#*V', M4E!0@,K*2C0T-."VVV[#YY]_WJ.'G`)<%65*U'J;5J]>G=P>,&``VMK:\-UW MWV4R6:;@MJ]LPX8-V+Y].R*1"*9.G8IY\^8!`.;-FX=0*(0KK[P2!P\>Q/#A MP_'XXX][G-ITN!7&[W!=E/D9(0Q1A#!$$<(010A#%"$,480P1!'"$$4(0Q0A L#%&$,$01PA!%"$,4(0Q1A#!$$<(0Y?\!7?H\)\@U1/T`````245.1*Y"8((` ` end XML 14 R118.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares MSCI Global Silver Miners ETF
iSHARES® MSCI GLOBAL SILVER
MINERS ETF
Ticker: SLVP                    Stock Exchange: NYSE Arca
Investment Objective
The iShares MSCI Global Silver Miners ETF (the “Fund”) seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of silver mining.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- MSCI GLOBAL SILVER MINERS ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI Global Silver Miners ETF | iShares MSCI Global Silver Miners ETF | 0.39% none none 0.39%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- MSCI GLOBAL SILVER MINERS ETF}
1 Year
3 Years
5 Years
10 Years
iShares MSCI Global Silver Miners ETF | iShares MSCI Global Silver Miners ETF | USD ($) 40 125 219 493
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 22% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI ACWI Select Silver Miners Investable Market Index (IMI) (the “Underlying Index”), which has been developed by MSCI Inc. (“MSCI”) to measure the combined performance of equity securities of companies primarily engaged in the business of silver mining in both developed and emerging markets. MSCI begins with the MSCI ACWI Investable Market Index (IMI), and then selects securities of companies that are primarily focused on the extraction and production of silver. Companies which primarily invest in, but do not operate, gold mines and companies that mine or process gold and other precious metals, in addition to silver, may be included in the Underlying Index. The price of the equity securities of these companies and silver may not always be closely correlated. The Underlying Index may include large-, mid-, small- and micro-capitalization companies. As of June 30, 2014, the Underlying Index consisted of companies in the following six countries or regions: Canada, Hong Kong, Mexico, Peru, the United Kingdom and the United States. The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in companies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those companies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Gold Mining Sub-Industry Risk. The profitability of companies in the gold mining sub-industry is related to, among other things, the worldwide price of gold and the costs of extraction and production. Worldwide gold prices may fluctuate substantially over short periods of time, so the Fund’s share price may be more volatile than other types of investments. Gold mining companies may be adversely affected by changes in exchange rates, interest rates, economic conditions, tax treatment, government regulation and intervention and world events in the regions in which the companies operate (e.g., expropriation, nationalization, confiscation of assets and property, repatriation of capital, military coups, social unrest, violence and labor unrest).

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Materials Sector Risk. The Fund may invest significantly in companies in the materials sector. Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to North American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, North American Economic Risk and U.S. Economic Risk.

Risk of Investing in Canada. Investments in Canadian issuers may subject the Fund to economic risk specific to Canada. Among other things, the Canadian economy is heavily dependent on relationships with certain key trading partners, including the United States, European Union (the “EU”) countries and China. The Canadian economy is sensitive to fluctuations in certain commodity markets.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in Mexico. Investments in Mexican issuers involve risks that are specific to Mexico, including legal, regulatory, political, currency, security and economic risks. In the past, Mexico has experienced high interest rates, economic volatility and high unemployment rates.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Silver Mining Sub-Industry Risk. The profitability of companies in the silver mining sub-industry is related to, among other things, the worldwide price of silver and the costs of extraction and production. Worldwide silver prices may fluctuate substantially over short periods of time, so the Fund’s share price may be more volatile than other types of investments. Silver mining companies may be adversely affected by changes in exchange rates, interest rates, economic conditions, tax treatment, government regulation and intervention, and world events in the regions in which the companies operate (e.g., expropriation, nationalization, confiscation of assets and property, repatriation of capital, military coups, social unrest, violence and labor unrest). The price of the equity securities of silver mining companies and silver may not always be closely correlated.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Year Ended December 31)
Bar Chart
[1] The Fund's year-to-date return as of September 30, 2014 was -3.75%.
The best calendar quarter return during the period shown above was 9.34% in the 3rd quarter of 2013; the worst was -35.97% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2013)
Average Annual Total Returns {- MSCI GLOBAL SILVER MINERS ETF} - iShares MSCI Global Silver Miners ETF
One Year
Since Fund Inception
Inception Date
iShares MSCI Global Silver Miners ETF (51.39%) (35.10%) Jan. 31, 2012
iShares MSCI Global Silver Miners ETF | Return After Taxes on Distributions [1] (51.60%) (35.36%)  
iShares MSCI Global Silver Miners ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (28.94%) (25.25%)  
MSCI ACWI Select Silver Miners IMI (Index returns do not reflect deductions for fees, expenses or taxes) (51.46%) (35.07%)  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 15 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 16 R89.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares MSCI Frontier 100 ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI FRONTIER 100 ETF
Ticker: FM                    Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Frontier 100 ETF (the “Fund”) seeks to track the investment results of an index composed of frontier market equities.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 61% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 61.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Frontier Markets 100 Index (the “Underlying Index”), which is designed to measure equity market performance of frontier markets while putting stronger emphasis on tradability compared to the MSCI Frontier Markets IMI (the “Parent Index”). Frontier market countries are those emerging market countries that are considered to be among the smallest, least mature and least liquid. As of November 26, 2014, the Underlying Index consisted of issuers in the following 18 frontier market countries: Argentina, Bahrain, Bangladesh, Estonia, Jordan, Kazakhstan, Kenya, Kuwait, Mauritius, Morocco, Nigeria, Oman, Pakistan, Romania, Serbia, Slovenia, Sri Lanka and Vietnam. The Underlying Index may include large-, mid- or small capitalization companies, and components primarily include energy, financials and telecommunications companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

In connection with its May 2014 Semi-Annual Index Review, the Index Provider reclassified Qatar and the United Arab Emirates from frontier market countries to emerging market countries. The Underlying Index has phased out issues in these two jurisdictions proportionately over a seven-month period. As of November 26, 2014, issuers in Qatar and the United Arab Emirates are no longer included in the Underlying Index.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Liquidity Risk. Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to African Economic Risk and Middle Eastern Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments.

Risk of Investing in Frontier Markets. Frontier markets are those emerging markets that are considered to be among the smallest, least mature and least liquid, and as a result, may be more likely to experience inflation risk, political turmoil and rapid changes in economic conditions than more developed and traditional emerging markets. Investments in frontier markets may be subject to a greater risk of loss than investments in more developed and traditional emerging markets. Frontier markets often have less uniformity in accounting and reporting requirements, unreliable securities valuation and greater risk associated with custody of securities. Economic, political, liquidity and currency risks may be more pronounced with respect to investments in frontier markets than in emerging markets.

Risk of Investing in Kuwait. Investments in Kuwaiti issuers involve risks that are specific to Kuwait, including legal, regulatory, political and economic risks.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Telecommunications Sector Risk. Companies in the telecommunications sector may be affected by industry competition, substantial capital requirements, government regulation and obsolescence of telecommunications products and services due to technological advancement.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”).
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Year Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the period shown above was 8.01% in the 1st quarter of 2013; the worst was 2.59% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2013)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI Frontier 100 ETF | iShares MSCI Frontier 100 ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.79%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.79%
1 Year rr_ExpenseExampleYear01 $ 81
3 Years rr_ExpenseExampleYear03 252
5 Years rr_ExpenseExampleYear05 439
10 Years rr_ExpenseExampleYear10 $ 978
2013 [1] rr_AnnualReturn2013 25.60%
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2014
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 18.29%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 8.01%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn 2.59%
One Year rr_AverageAnnualReturnYear01 25.60%
Since Fund Inception rr_AverageAnnualReturnSinceInception 24.31%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 12, 2012
iShares MSCI Frontier 100 ETF | Return After Taxes on Distributions | iShares MSCI Frontier 100 ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 25.16%
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 23.98%
iShares MSCI Frontier 100 ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI Frontier 100 ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 14.64%
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 18.56%
iShares MSCI Frontier 100 ETF | MSCI Frontier Markets 100 Index (Index returns do not reflect deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 25.91%
Since Fund Inception rr_AverageAnnualReturnSinceInception 24.90%
[1] The Fund’s year-to-date return as of September 30, 2014 was 18.29%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 17 BarChart14.png IDEA: XBRL DOCUMENT begin 644 BarChart14.png MB5!.1PT*&@H````-24A$4@```&P```%="`8```#F-XAQ````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``&GU)1$%4>)SMG7UX%-6]Q[^S MF]V$S4NM$A.P7-X%"91LJ'"1%,F3M%4HBD8?+U*E?2P:O!:J%6E00A%C-!1$ MQ-[J%;R6D(<"7F/A]N%6;-&*4&_3V'H+(K=*&FA<-A`W))N$?9G[1[++9G9F M=EYWS]DYGSS[9&?FO,U^Y_>;,[\Y9X'@QILJ6X`0QU,,,I@@E$&$XPR MF&"4P02C#"8893#!*(,)1AE,,,I@@E$&$XPRF&"4P02CC`P]F7F>Q\*%"S%K MUBP$`@$=Y^/U^`,#PX<-ALVFP%UX'X7"8KZVMC2[?====_-:M6_D]>_;P M2Y8LX7F>YX/!(#]^_'B^O;U=LAR/Q\,#L-3'X_%H^LUUN42.X[!FS1H`0"@4 M0FMK*XJ*BG#@P`&4EI8"`.QV.TI*2G#PX$$]53$&T>42(QPZ=`@OOO@B;KCA M!MQXXXVHKZ]'7EY>='M>7AX\'H]D?I?+%?W><.0XLK)<`(>!8S'F/V>SP6ZW M#R2,O4\N3"M<%T&P'+P4P!TSQF#?GTXCP^$86JY8/F%Y$N6&0B'PX7! M/[Y3.B5NG]5@B&`5%16HJ*A`75T=JJJJ4%!0`)_/%]WN\_E06%@HF3_VG/6= M.5,DTRU9L1KWK*@69!8D$OO!);8''0$`0)8K>T`PJ;QB0DFM`[!S:QUV;7U6 MH@8@\3W,\KWU,QXD3)_#IIY]BP8(%`(`]>_9@V[9M6+%B!9J:FM#0T(!@ M,(C)DR?CR)$C*"@H$"VGIZ<'.3DY`(!]S:>1Y;!V&6-(0"XNN'/POM()$ M>\4-6-BWK\O'@8^]R,AP#"TO4F9L/<(R.9%T$%A83)H^?P_NF#$&`-#=W8WL M[.P$C8Q'EX5E9F;BU5=?14M+"P"@I:4%SS__/(J+B]'2TH*:FAIT='2@OKY> M4JRX!CD=R'`ZI!.(N2(D$B31`1&SS9YA!V"/L\*,@,Q^*427 M8./&C<.^??M$M]76UNHI^C)"UR/U8PO_)SA_Q=4A+#,6-?7S$FGDRE'7CDQ@_Y:OH[OH"_NZ+ M6%[S++SM9_#X]^[`E?D#8R"OO+H0U5M>$2WC=[_:AW/_:$,@<`E_/OHNUOU\ M%W+RKL!G)_^*_]SQ,WQE[`2T__TTEE5O0'9N'MH^/84W7WL)KMP\3)KFQIQO M+00`/%?]`]QY_TI\9>R$I.P[D8(E"I+V^+[`W/FWHO1;MP``UGSO#AS^U5Y, MFWD#_J7J87RS\F[9_"<^_"/^\H?W\,/:+0"`>0MN'QC/S_.H6_E]K'^I$2-' MC\6!QAWXQ7.U>+#F6?Q7XPXL7'(?QEQ['5;?NPBEWUJ(]_[[5Q@]<3)&)4DL M@%#!$C&A:#HF%$V/+O-\&*Z<7`#`L=\>A._">?1<]&'FO&]B2LG,N/QOO=X( M5TXN7M_Q(KI]7^`Z]TR,&C<1[7\_#=^%#HP1>Z7 MKD!7YWGT^GN0F96%KLX+./3&+['NWQJ2L].#4"E8+,?_]`&RAKEPPS<6H*_7 MCWM75F/,M=>AK]>/Y=_^.G[R\UT8/7'RD#R>LVT(7.K'_=4;$`H&L7SA7%QQ M53Z"@4M1X0'`E9.+S@XO`."V[R['OE=>0/-[A_']U4_BI:[_P)KG=P``LH:Y,.;:ZZ+?)Q1-QY__ M\%Y`]?#G_:OB[+T;3^;LOXLO#\P$`V;EY M6/KPX_C>CY[`9Q__%6,G3<&%U96XQ=;ZLS>70`4"];\WN_PVS?W MX)%GML%FL^'=7S?AT!N[\=G)X]$T9T__#:/&3@0`='9XT=<[\+AJ2>D\_./O MGT73>QPW?6#"DWLX.+]Y^\Y>HO.\A M]%SLPI>^?!4XCDO:8[ZZ'C0?P_GDHP_QZ-T+,.FK)0#/ M(\R',7%J,6:7WXP#NW9@?-%7X6T_B^$%([#XP1\!`#;]^"%,+)J.6^Y9AE`H MA%>>K4%FUC`$`P$X,S-Q[P\'GB3][.1QO+Y]&T:.'@?/V38\L.:I(6[RF4?N MQY*'5F'4N(FXU-^'GSWY8XSXIS%P9F;AMN]6R;:[U]^#6Z==`T#[XT;D"?:_ MB04S';DG7724T^OOP:U3]0E&K4LT%:.\FPE>D@E&&<1UZ^6&CAF%41Y/+6S4 ME$9HGK;%DH+1#!.,,IA@E,$$HPSB>HE&"<6>"_O1;B_%WQ_+_A+_4`P@((K MKT39C.M5U2W6WK3LUBM]$D1K&K,PZ_$B(<0)9CXI#YWJ0I=+/'WZ-*JKJ^%V MN]'9V8FNKBYLW;H5;6UMN.FFFS!BQ`@`P(@1(]#8V*BB9"GG(OP>22LU\921 M*+49N7F0]-N=+L$Z.SMQYYUWXO;;;P<`W'SSS6AL;,3CJ:D)4Z9(3UX9X;;BT9+; M[EGY8RS](?DSUS2\4(^=SS]C2MF&"/;!!Q_@Y9=?QN[=NP$,3(]:5%04_5Y2 M4H+#AP\K$JSIPU;)&YB.+3:O--:N\@W/.#Q_"=?WTT;GVOOP>+9`Y( M)>@6[*VWWL*!`P>P??MVA,-A[-V[%WU]?7"[W9@Z=2H`X-2I4UBV;)FR!CD< ME^??-9QDW+P9F,,*(J[;B/W2)5AS46 M;-BP`6ZW&VUM;:BLK$1Y>;GNQAJ#A;OU,V;,0'=WM^BV>?/FZ2F:(8$%+YSI MAKA8HOEG&6VE&]&FM(PE,N1A@E&&!06S<"_1%(P\B1E9CE3\65B'W(T[`]I# MG&#F=CKB?TVE=7%Q7R0RRQ3(.AVJ,>.V2W*QF&#TPP2C#`L*1O-`[33O=(B7 MH_X<9E2;6*=#$W1;F`4%H[N72)Q+5.1_4O&`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`X?XCH38 M.KT(RY2K5VI;&MY>D0X:BJ616I9:IQYVP6")E$&=A$0.3>Q\7#;,^F-5&8BW,9,]B M.F9Y=6(%8XA#I$N,_)=[$Y=VEZ,OEU2]H+C\GZRS50XE+-!*Z!^$09V%&76`:C1%M8J$I"\($HPSB7"*0 MOB[1",@3C)W$9&$ND3*(LS`C#L-A04ZY"%.,';E+(_%7"+=[A`@ MT,+,-3#M/41"#,QJ%D8_:6UA1L(L+&60>#@HAS@+,]_$-'8\"#$QX@23?BFP M,)88NQZ(CS.*I=7>2[PZ^ M^V[E!7(&?HR$D#;IMK#?__[WJ*RLQ/OOOQ]=QW$OW[]\/K]<+G\^'^?/G8_;LV8K*,[=7K[UD4ERB*>>P_/Q\ MK%^_'D5%1?#[_2@N+D934],0MRE%(!!`("`^+%G]9A6[V> MZ0>E,46PG3MWPNUV8^K4J0"`4Z=.8=FR98KR_O%O[7!)S-1IL]E2%EA24^]# MCU;CP4=6QZWW]_3@:S('I!)T"W;HT"'LWKT;%RY7JZH/(?3`8?3H!E)4]2OMV?884>\ZW8$4CPC*0!45%2@ MHJ)BR+IY\^9AWKQYFLICT7IY+!CIH!OB(AWQ-I;JB?($B\S3(9SH MP?BPKSJ,F#O$B#*($RR"<8.;8R&Y.Z$,BW4Z2.@VZ(,X"V/!7WDL9F',)28? M-8=I7%H2;5<=Y+E$3D%O2N'O;EB(2TF;%):C%_HL3#=T6YD%!:/[/$:>2P39 MH:GDUSP49F$BD.PTR14LB;^:V%!0PPLU:'_((%`PJ5T3_AQRG1/YCDMR?*U8\#I-[XN-'*0O5Z=46TV`.,&&N`XMW2^3?B@N M4=D*0AKLCK,%(<["V$`W>70+=N;,&:Q;MPY'CQ[%\>/'`0#AZG1"HN6J0_]F-+I.'?N'/+R\J++>7EY\'@\BO).O"8?(Z]P MB7XV/5,;'2.HY*,$->F4?C8]4RO:_HG7Y"NK3`93.AT%!07P^7S199_/I]@= M_M\_O,B6F>!2/^:[Q4>K'\C%E1M+*RDJTM+2@IJ8&'1T= MJ*^O1T%!@:+RS.W4:R\Y;7J)8C.2`D!MK3F3%.N'[IZB!2,==`_5)DXP#H.] MK<@R=WE]['(T;4R>V'5FMBOZ/V:;L$UB[2/")1I.S-XJ$6U(5H&89K4K]K]4 M+%JT?A;\50O=[A"PG&!T=S@``EUB_#DH8J)ZU6S7B,5ZB0#M/46+"9:<:+V9 M$.<26;1>'HM9&/TPP2@C+04S*UHOMRY971GRSF&)KE?$KH&$00[>V',A-U@8 M!\3U6;B8-L1=JT7@8\K1"7&"`=`?Y)"+:.E%JDRY.@UL1UJZQ'2&.`M3G6$R<8H-XC6@D+ND2ZY;:@8'2'IB@03$N7SXP`EUA75#@^RLSZ!R#N M',8-_@G7#OTOV"1I-,8-$N`B%UQQ=ET6-#"Z(8)1AFF MNL1%BQ8-F21LRY8MF#Y]NIE5ICVF"N9VN[%NW3HSJ]``ZW1(TM;6AKJZ.MAL M-N3DY*"JJLJ`&=FLC:F"/?#``[C^^NL!`*M6K<*Z=>OPU%-/R>8)!@((2LS< M:;/94B:XFAY>*!1".!R.6R^U7VHPM=,1$0L`RLO+\9O?_"9AGL+\JY#KRA+] M/%T[*#8G\A%;;Q1*ZHI9_W3M4Z+M+\R_2G=33!.LN[L;3S[Y9'3YDT\^P:1) MDQ+F^[SC/"[V]N%B;__@IR^ZO.:))V(>%XDP^%WLT1##+^B$=0G4&UR_YHDG MXMI^L;24,PNU@TGU MEJ$F7ZR`8L+JJ?LR5%TX&S-%4=>MUT]JYP_6"[,PRFHF4S"YJTXE$2?9 M7\:`>0>[ M=NW"V+%CT=[>CDV;-L'A<"C++#:A?^Q_J3QFPDM\5](&@]IFFH7Y_7[<>^^] MV+QY,ZJKJ^%RN;!MVS9UA4@])P8%ZTG"P#::9F''CAU#86$A&OA,=G<+P^"`7O^B$O\L'9&2`='EW-Q<>#P>T;1^OS_Z?<+X\68U29)? MW/GUA&E^8G"=?K\_>C"KP3276%A8B*ZNKNAR5U<7"@H*S*K.,IAF8;-FS4)[ M>SLN7KR(W-QO!D9&43>,Z4& M4P5C&`^Y%\X,49A@E,$$HPPF&&4PP2C#$H*5E95%OQ\[=@PWWG@CEB]?/B3- MUJU;?(DRLK*XL)D_?W]>.&% M%Y"9F8EITZ;AL<<>0W-SF\7B_JZNK0W-R,UUY[S>16:<,2@BDE/S\? MFS=O1FMK*V;/GHV//_YXR!T'$K"$2Q0B%HW;N'%C]/O(D2/1V]N+\^?UOS[* M:"P72]R^?3L:&QO1T].#Q8L78^7*E0"`E2M7(B,C`U=??35.G#B!Z=.GB]YL M3366$XQV+.D2:88)1AE,,,I@@E$&$XPRF&"4P02C#"8893#!*(,)1AE,,,I@ C@E$&$XPRF&"4P02CC/\')X/6QN0!B=4`````245.1*Y"8((` ` end XML 18 R77.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares MSCI Emerging Markets Growth ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI EMERGING MARKETS GROWTH ETF
Ticker: EGRW                    Stock Exchange: NASDAQ
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Emerging Markets Growth ETF (the “Fund”) seeks to track the investment results of an index composed of emerging market equities that exhibit growth characteristics.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.49% of average daily net assets until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 31, 2015
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 26% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 26.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Emerging Markets Growth Index (the “Underlying Index”), which is a subset of the MSCI Emerging Markets Index. The Underlying Index generally represents approximately 50% of the MSCI Emerging Markets Index and consists of those securities classified by MSCI Inc. (“MSCI”) as most representing the growth style. Securities classified as growth style generally tend to have higher forecasted earnings growth rates, lower book value to price ratios, lower forward earnings to price ratios and lower dividend yields than securities representing the value style. MSCI uses a specialized framework to attribute both value and growth style characteristics to each security within the Underlying Index. Each security is evaluated based on certain value factors and growth factors, which are then used to calculate a value score and growth score. Based upon these two scores, MSCI determines the extent to which each security is assigned to the value or growth style. It is possible for a single security to have representation in both the value and growth style indexes; however, no more than 100% of a security’s float-adjusted market capitalization will be included within the combined style framework.

As of June 30, 2014, the Underlying Index consisted of issuers in the following 23 emerging market countries or regions: Brazil, Chile, China, Colombia, the Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Malaysia, Mexico, Peru, the Philippines, Poland, Qatar, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey and the United Arab Emirates. Components primarily include consumer staples, financials and information technology companies. The component companies include large- and mid-capitalization companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.

The Fund invests all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term Fund, as used in this prospectus (the “Prospectus”), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Staples Sector Risk. The consumer staples sector may be affected by marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

Growth Securities Risk. The Fund invests in growth securities, which may be more volatile than other types of investments, may perform differently than the market as a whole and may underperform when compared to securities with different investment parameters.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Information Technology Sector Risk. Information technology companies face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk and Central and South American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Year Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the period shown above was 4.29% in the 3rd quarter of 2013; the worst was -6.28% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2013)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI Emerging Markets Growth ETF | iShares MSCI Emerging Markets Growth ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.68%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.68%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.19%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.49%
1 Year rr_ExpenseExampleYear01 $ 50
3 Years rr_ExpenseExampleYear03 198
5 Years rr_ExpenseExampleYear05 360
10 Years rr_ExpenseExampleYear10 $ 829
2013 [1] rr_AnnualReturn2013 (0.52%)
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2014
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 1.47%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 4.29%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (6.28%)
One Year rr_AverageAnnualReturnYear01 (0.52%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.68%
Inception Date rr_AverageAnnualReturnInceptionDate Feb. 08, 2012
iShares MSCI Emerging Markets Growth ETF | Return After Taxes on Distributions | iShares MSCI Emerging Markets Growth ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (0.78%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 2.32%
iShares MSCI Emerging Markets Growth ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI Emerging Markets Growth ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 none
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 2.19%
iShares MSCI Emerging Markets Growth ETF | MSCI Emerging Markets Growth Index (Index returns do not reflect deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (0.18%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.24%
[1] The Fund's year-to-date return as of September 30, 2014 was 1.47%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 19 R71.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares MSCI Emerging Markets Energy Capped ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI EMERGING MARKETS ENERGY CAPPED ETF
Ticker: EMEY                    Stock Exchange: NASDAQ
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Emerging Markets Energy Capped ETF (the “Fund”) seeks to track the investment results of an index composed of emerging market equities in the energy sector.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 15% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 15.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Emerging Markets Energy 25/50 Index (the “Underlying Index”), which is designed to measure the performance of energy-related companies in emerging market countries. A capping methodology is applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight, and all issuers with weight above 5% do not exceed 50% of the Underlying Index weight. As of June 30, 2014, the Underlying Index consisted of issuers in the following 15 countries or regions: Brazil, Chile, China, Colombia, Hungary, India, Indonesia, Malaysia, Poland, Russia, South Africa, South Korea, Taiwan, Thailand and Turkey. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include energy companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.

The Fund invests all of its assets that are invested in India in a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term “Fund,” as used in this prospectus (the “Prospectus”), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk and Eastern European Economic Risk.

Oil and Gas Industry Risk. Companies in the oil and gas industry are affected by worldwide energy prices and exploration and production costs. Companies in the oil and gas industry may have significant operations in areas at risk for natural disasters, social unrest and environmental damage. These companies may also be at risk for increased government regulation and intervention, litigation, and negative publicity and public perception.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in China. Investments in Chinese issuers subject the Fund to risks specific to China. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the past 25 years, the Chinese government has undertaken reform of economic and market practices and is expanding the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of tariffs or other trade barriers, or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Year Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the period shown above was 10.29% in the 3rd quarter of 2013; the worst was -11.78% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2013)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI Emerging Markets Energy Capped ETF | iShares MSCI Emerging Markets Energy Capped ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.67%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.67%
1 Year rr_ExpenseExampleYear01 $ 68
3 Years rr_ExpenseExampleYear03 214
5 Years rr_ExpenseExampleYear05 373
10 Years rr_ExpenseExampleYear10 $ 835
2013 [1] rr_AnnualReturn2013 (10.92%)
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2014
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (3.65%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 10.29%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (11.78%)
One Year rr_AverageAnnualReturnYear01 (10.92%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (12.61%)
Inception Date rr_AverageAnnualReturnInceptionDate Feb. 08, 2012
iShares MSCI Emerging Markets Energy Capped ETF | Return After Taxes on Distributions | iShares MSCI Emerging Markets Energy Capped ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (11.19%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception (12.77%)
iShares MSCI Emerging Markets Energy Capped ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI Emerging Markets Energy Capped ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (5.44%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception (9.06%)
iShares MSCI Emerging Markets Energy Capped ETF | MSCI Emerging Markets Energy 25/50 Index (Index returns do not reflect deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (10.75%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (12.14%)
[1] The Fund’s year-to-date return as of September 30, 2014 was -3.65%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 20 R25.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares Global ex USD High Yield Corporate Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® GLOBAL EX USD HIGH YIELD CORPORATE BOND ETF
Ticker: HYXU                    Stock Exchange: BATS
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Global ex USD High Yield Corporate Bond ETF (the “Fund”) seeks to track the investment results of an index composed of euro, British pound sterling and Canadian dollar-denominated, high yield corporate bonds.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.40% of average daily net assets until February 29, 2016. The contractual waiver may be terminated prior to February 29, 2016 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination February 29, 2016
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 25% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 25.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the Markit iBoxx Global Developed Markets ex-US High Yield Index (the “Underlying Index”), which is a rules-based index consisting of high yield corporate bonds denominated in euros, British pounds sterling and Canadian dollars. The Underlying Index is designed to provide a broad representation of the global ex-U.S. dollar high yield corporate bond market. High yield bonds are also known as “junk bonds.” The Underlying Index may include corporate bonds that are issued by companies domiciled in countries classified as developed markets by the index provider. The Underlying Index is a market value weighted index with a cap on each issuer of 3%. There is no limit to the number of issues in the Underlying Index. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include consumer goods, financials and industrials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

The Fund will invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the “1933 Act”).

The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.

The maturities of the securities in the Underlying Index range from 1-15 years. As of September 30, 2014, the weighted average maturity of the securities in the Underlying Index was 3.04 years, and the weighted average life of these securities (which includes the impact of calls) was 3.04 years.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by Markit Indices Limited (the “Index Provider” or “Markit”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund may “call” or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Goods Industry Risk. The consumer goods industry may be affected by changes in social trends and consumer demands. Many consumer goods are sold internationally and companies that sell such products may be affected by market conditions in other countries and regions.

Credit Risk. Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar. Generally, an increase in the value of the U.S. dollar against a foreign currency will reduce the value of a security denominated in that foreign currency, thereby decreasing the Fund's overall NAV.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s investments.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements, recent or future regulation on any individual financial company, or regulation on the financials sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” including those bonds rated lower than “BBB-” by Standard & Poor's Ratings Services and Fitch, Inc. (“Fitch”) or “Baa3” by Moody's Investors Service, Inc. (“Moody's”)), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity.

Income Risk. The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.

Interest Rate Risk. An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Liquidity Risk. Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to European Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privately-Issued Securities Risk. Privately-issued securities are securities that have not been registered under the 1933 Act and as a result are subject to legal restrictions on resale. Privately-issued securities are not traded on established markets and may be illiquid, difficult to value and subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Australasian Economic Risk, European Economic Risk and North American Economic Risk.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund’s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”). If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 7.67% in the 3rd quarter of 2013; the worst was -8.17% in the 3rd quarter of 2014.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2014)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs").
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Global ex USD High Yield Corporate Bond ETF | iShares Global ex USD High Yield Corporate Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.55%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.55%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.15%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.40%
1 Year rr_ExpenseExampleYear01 $ 41
3 Years rr_ExpenseExampleYear03 161
5 Years rr_ExpenseExampleYear05 292
10 Years rr_ExpenseExampleYear10 $ 675
2013 rr_AnnualReturn2013 12.84%
2014 rr_AnnualReturn2014 (7.84%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 7.67%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2014
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (8.17%)
One Year rr_AverageAnnualReturnYear01 (7.84%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 5.64%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 03, 2012
iShares Global ex USD High Yield Corporate Bond ETF | Return After Taxes on Distributions | iShares Global ex USD High Yield Corporate Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [1] rr_AverageAnnualReturnYear01 (9.46%)
Since Fund Inception [1] rr_AverageAnnualReturnSinceInception 3.51%
iShares Global ex USD High Yield Corporate Bond ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Global ex USD High Yield Corporate Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [1] rr_AverageAnnualReturnYear01 (4.35%)
Since Fund Inception [1] rr_AverageAnnualReturnSinceInception 3.44%
iShares Global ex USD High Yield Corporate Bond ETF | Markit iBoxx Global Developed Markets ex-US High Yield Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (7.90%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 5.59%
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 21 BarChart10.png IDEA: XBRL DOCUMENT begin 644 BarChart10.png MB5!.1PT*&@H````-24A$4@```&X```%;"`8````TF[M1````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``&,5)1$%4>)SMG7MP5%6>Q[^W M.P]((&(D$+-3/-R9=:5XK0]8IH3(H*5#2N&/H1!%@N+P4!D,+&("QB!/R1`9 ML'9AD5460?\09L8==M=RI491BRV-[,HL@C@@BF`V@6)#.@ETNL_^D71[^S[/ M?77_3OI\J!1]'^=Q[_>>WSWG=QY788PQ2(0CE.D,2-PAA1,4*9R@2.$$10HG M*%(X09'""8H43E"D<((BA1,4*9R@2.$$)2?3&5`3C\?1TM("`"@H*("B*!G. M43`PQM#>W@X`&#AP($(AY^6'E'`M+2T8/'APIK.15IJ:FC!HT"#'X:2I%!12 M):Z@H"#Y^\W_/(4^?0L`!0!#ZO]JU+V)VG.U^]1A5-M=UZ+XQ6W#\-9G7R,G M-S@`'WZ%O8[`2NUR^QTD)EX)6&&:RWRA<"NN\X1?6GW5;O4_^O-67:TJ`8;,-DGU%>U&E8G6N4 M?ZOX74"WQ&DQ$@$V^SC>;[HTM'&J<9*^E<`^B$>WQ&EQ>[%.;IJ?S4:SRHM/ MB"-<;\#'!T,*!T`)A?#PKU9`<>'!R!3BO.,")!P.XY$EU9G.AB/$><0D*4CA M!$4*)RA2.$&1P@D*6>&L/%M&GB18G*L.8Q2O-JS9/JMP/,X6LS3<0+XY8":$ M]C=O&+-SK.+D$8\G/W;G.8%LB9-8(X43%"F#3-)?_'IP`G@``RUQ1XX<06EI*?KUZP<`F#1I$C9MVH2J MJBK;L)T]RTGT1ORXMD"%:VIJ0E%147*[?__^:&IJX@H[<]Q/@LI6KR!04UE: M6HK6UM;D=FMK:]:M8Q(4@9:X\>/'X\*%"[ARY0KZ]^^/#S[X`-.G3^<*N^_C MX]W+91B@A$((A\/<^1CZ3@/Z7?@"2DX8H?P\A/OD(530!Z&^^0CEY2&4&T97 M3E_DQ#K!NKH0O]J%>$>>HHK;+^BZ]"WH-"? M?.3GH3`OIUNXO!R$\W,14O_EYJ`K)P\YL3A85PAQ14$\'D,L'D,L%@=C<<05 M()Z?YTN>([!AO+R=3&#PKKB1;F0#W`:*H@%2.&$1KC^. MQYGAE\/#"*=I&^6E5T_ZX)WYXO8<)S@QET%-J])"5C@J9-I=:@9I4VEN=(R6 MT=.NPV2W1J&S7+#D+]ZXK-:7\OXX$"YQ2NK/Q/*`BO:8TO.GVJ\^W^--,C63 MMK:\1V1_LJ&#;HFS6GDNC5,_=>TX)U-BM=L^BDBXQ$FL(%OB*/2C`O8+T;JA M5S<')-9(X01%"L;>U?5DX$(4B'M1>D<#90%`V0PME" ML6("$'['D7G)026>.D]F/F]8[/,I/P!AX:AX3H!4?V6*#]GHM]4^^T/<2%,I M*%(X09'""8H43E!DY<0ATG,B"!0?'D`*9XML@#N%QU:FR9%H.N;$+5D_YB0- MHFF?'\7S4#^O,71#ML0IOEVB=WVU7A/O^>K5XRII(+MU!(6B:`!AX:C<,*^U M2F$G?1PY<@3EY>58M&B1X["*3W]>,!J4[#1MO_,$!"Q<+!;#R9,G,7GRY""3 MR4H"%2X<#J.RLA**XL/8JM6[=RA\O)S37]"]I,JO'R MC@N'PZ;7X)7`2]R\>?,P;]X\Q^%D?YPU9!O@E*!8LY3"<4"QY)/M'=#AU\P- M%U@.B+4;#!O0"C5DA4LLIN!+7#Z$3]Q_W8!8N\&P!L?E.RZ+(5OBJ-0K]6TX M&O5*LL+1D$VNNB#Q&2F8E' MW9'J5YZDJ0R0E.$*&C2]W2HEY9?7=/UY),F6.'.GI-$Y M9MMF^[R2OH?&#++"&3Z7;D:F^GS?%)X\Z,:MIV[[D26RPIE:%`HO/IX\V/44 M>(3X.R[S4'A.C"!;XA(%SNI[;+SSLS/IJPQJ#CGY$A>PQ7&5!Z]ALZ`YD'FD MJ72(NC)M]26VH)>ST,Z/LS/35OG1#:KU`%GAU.-'K"Z4ZR9XO%/)AT=UU\VB MY,JKK%5F+V1+G+I6J=X'6)O.(/)A-BC6:-Z'5:W7SWP'*MP[[[R#??OV8?3H MT3AQX@1NO_UV+%BPP%$3 M2L]^9I`/\WRISR=A*GG7.=FR90MJ:FI04E+"%6]7-(JHR7H@H32L/* M%#L;-F+'YO6!Q!UXK7+3IDTH+B[&BA4K#!Y"%2X;=NVH;Z^'B-'CL3> MO7MQZ=(EK%FSADNXG-Q(.8D>H'=(4C-,PKI85&9)B7]%4*"MD21Z7`F?E+O<;I%5GB M;*#J8)/"<>!6/#=]=KS0-96JCE3/,^.+''I@&)I`PB7.#(O.2U$BAQ9X(@5.ECA1D<+90.`U:TA6F$HOR(Y4IQ!YR5'M M2"4K')42IX6(;O(=9T?6]0XDZDZ\0:LL))W:R1+B\. M*+;CI'`<^#O@SQ^RPE1ZCXNS=_7&^2.>/HS>U+4?C+4=6N,0Z)]H% M,IQ=LM^B@C/G+F%KJE4.&I?Z;ZC/'GBB49.^LA>I'""0M=4@H;+2]OXE[5*B2?H M"T>Q2N>$@+H6Z)I*18'"\W5;_Q+D/,UNQ++!B&LE]9@^#N?0+W$9QMY7:56D M@NO)(RNW5UZA;&O9`M<72Z4M4-:#I=J8&7N`L7+J"LK`R[=^]V%$[Q\<\K1A/X,YVG0(6+ M1J.HKJ[&^/'C@TPF<"C6+`,5KK:V%LN6+<.``0-\Z3Q,)U3G#"0(9(&:!QYX M`#???#-NN>46C!HU"@#`F+-;T=4511?O`C4VZ)R\G&$2I`P6\QQ6K*IU MG%^WN!$>`'Z]81WJUZ_Q.SL``JQ5JBLC)TZ\HM\U@?Z'1-T!8../N9KNN[L2VV;GN M2'UH&]YXWPL(EL+M(_V^*40KFWTJU2S,80TM6.,/JO-:%831T MV"0N+T96YV0V6RZ?LS#V;E-IUA`S>]#368.P2]?)<9?(6B4'%&N54C@;*(H& M$#:50;FLG$+UPW^RQ)G@?Z/"7Z1P)IA5"JG0JX7SRZS9327.1.66[CO.KKUC M=$>U]HWY+%[/BUHTL?*4<6)J*LWBM$K3Q^+8 MJTVE7U!\SY$M<3SO#=Y93%X?=+5'338'.+"[4>FH"-#H3-)#6C@J4&S+2>$$ M12#AW%01O;^5K/OAM&EHTPO.<4>X1KKF8J+!IDO+JCJE M'831FWO`W3RL`3S$%!ZIK,*0>LMF&^SHG9 M=3DAL'5.`&#L;I" MG@]%^$12..W3Y#0//DZZHVLJ%?4/@Q%4"DSVFXP`IQCD*W&^ M3P\57>$`V(]1U#:+M>,;_;E+^EB,C*=B<,PH!G_R1-A4^C5KP.\W)>_<+ZNW MH_<\$2]QQE"HM/#@Q\!7,\B6.`HS=1+I>*E5!C6_4<@2ETZHMN.D<((BA1,4 M*9R@D*V<^$GAM*?`HIU(-(Z54$\C.:1T?ZQ)4<"ZKD')R0,80Y@!C,6!..O^ M)E"<`6!0UD3M,W9]-&UKSC_'KA5]JPVGAXNHB,UGCF7;`RS<68KG`` MW\WPXQRC4FQ7LIVD'P"T3:7$%"F]OQTE,D<() MBA1.4'J5<.__\8^X_;9;4G^'N*3_#LJ55EN?_\^[=R,OY8?[:UU]_C;_Z M\5\FP]]5/@EWW'X;`."CCS["LJ556+:T"A]__#$`(!Z/8^:,&;AX\6)P%V4" MV=_>O6AO M;P<`O+1Y,W;OV0/&&.;.F8.?'CB`K5M_@P=GS<(--WB;7>J&0(7[[+//<.#` M`105%>'##S]$5545)D^>'&22>/WU/6AL_!27+U_&S`=G8<2($;IS+EVZA&U; MMV+G*Z]@_;IUR?W%Q<5)T0#@]3U[\+NWWP8`#+A^`%I:6A"/QU%\0S&^_/)+ M'/O\&)Y^VKI4!P8+B"M7KK")$R>_;THYYVJTBU7.GWSWY[CE77U+"5JU:Q,V>_80\\,(U]_O7D5A82&>>.()W]/Y MIUV[<&#_?@#`_M_^%B4EW;W=I:6E*+WQ1C1^^BGN^_G/D^SZZZ]GER]? M9HPQ]OCCC[.&A@;+^-0EKOGB)=;>>=7PK_-:U/!)7K]A`VMJ;F'16)Q%.CI9 M65D9.W[B)(O&XNS,V6]8>^=571BC$M=X]+_8$T\^:9C&YW_Z'_;P[$=8-!9G MFU]ZB?W^[7]AT5B<39ERM^[2Q*5/N9K_[ M_=LIIF_U"R^P4"C$UJQ=R\Y^>RYYK'+N7';RU%>&0DR=6L&^_]]F%HW%V;GS M%]CCO_PE6[EJ%=OWQINZ\Y^KK;6]%K?"*8RQ0`;K?O755Y@R90K.G#F#4"B$ MU:M7HZVM#?7U]:9A(I$(^O7K!P!HOGC)IQ6!"0<`K[[Z*C[YY!.4E97AS)DSV+)E"_KW[V]ZOEJXRZU77%V0"$0B M$0PHZKX/)(5SBEJX_VN]@H+"0MW(+">CM8S":(\E?L,@7J,1#3`)8Y6F]MPV M'X0CW0"W&TG@9D2"5=QFX9S,N+'*IY\?5NI5+B_J^-E-)843%"F',7`U.%T'Q.N74Z2)!`<_JH2^T#X_CTNER16I/L1\EQ4=S2\K)K*XG1=HCW3^L M)AEJ,5O`SBQLS_[$ES6)@R.*]V5D^1NEW5#4L(EAL(! M0%EI:=K3']C3N9E.VMO;DS5I)XAA*B4Z2+7CXO$X6EI:```%!04I@U5[$XRQ MI'49.'"@JT_.D!).PH\TE8(BA1,4*9R@2.$$10HG*%DEG'J*UY$C1U!>7HY% MBQ:EG+-UZU;,GS\?]?7UF#Y].MY[[[UT9Y,+4IZ3=!&+Q7#RY$E,GCP934U- M*<>N7KV*;=NV(3\_'Z-&C<(SSSR#QL;&#.74G*PJ<3-GS@30_;'=RLI*PP;^ M\N7+D9^?#Z#[NZZC1HU*:QYYR:H2MW#A0J[SFIN;L6'#!C0V-F+W[MT!Y\H= M624<+R4E)6AH:,#9LVS(6E_EKEV[L&_?/D0B$ XML 22 R37.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares Core MSCI Emerging Markets ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® CORE MSCI EMERGING MARKETS ETF
Ticker: IEMG                    Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Core MSCI Emerging Markets ETF (the “Fund”) seeks to track the investment results of an index composed of large-, mid- and small-capitalization emerging market equities.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. “Acquired Fund Fees and Expenses” reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (“NAV”) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses attributable to the Fund's investments in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA. During the most recently completed fiscal year, the amount of such expenses incurred and fees waived rounded to 0.00%.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 31, 2015
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 8% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 8.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (“NAV”) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Emerging Markets Investable Market Index (IMI) (the “Underlying Index”), which is designed to measure large-, mid- and small-cap equity market performance in the global emerging markets. As of June 30, 2014, the Underlying Index consisted of the following 23 emerging market countries: Brazil, Chile, China, Colombia, the Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Malaysia, Mexico, Peru, the Philippines, Poland, Qatar, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey and the United Arab Emirates. As of June 30, 2014, the Underlying Index was comprised of 2,653 constituents. Components primarily include consumer discretionary, energy, financials and information technology companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.

The Fund invests all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term “Fund,” as used in this Prospectus, means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's NAV, trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Discretionary Sector Risk. The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Information Technology Sector Risk. Information technology companies face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-U.S. Securities Market Risk. Non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of the Fund’s holdings difficult or impossible at times.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. The voluntary waiver was discontinued on November 1, 2013.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Year Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the period shown above was 5.55% in the 3rd quarter of 2013; the worst was -7.83% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2013)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Core MSCI Emerging Markets ETF | iShares Core MSCI Emerging Markets ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.18%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Foreign Taxes rr_Component1OtherExpensesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.18%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets none
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.18%
1 Year rr_ExpenseExampleYear01 $ 18
3 Years rr_ExpenseExampleYear03 58
5 Years rr_ExpenseExampleYear05 101
10 Years rr_ExpenseExampleYear10 $ 230
2013 [1] rr_AnnualReturn2013 (2.16%)
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2014
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 2.73%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 5.55%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (7.83%)
One Year rr_AverageAnnualReturnYear01 (2.16%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 1.90%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 18, 2012
iShares Core MSCI Emerging Markets ETF | Return After Taxes on Distributions | iShares Core MSCI Emerging Markets ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (2.55%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 1.53%
iShares Core MSCI Emerging Markets ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Core MSCI Emerging Markets ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (0.86%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 1.48%
iShares Core MSCI Emerging Markets ETF | MSCI Emerging Markets IMI (Index returns do not reflect deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (2.20%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 1.72%
[1] The Fund's year-to-date return as of September 30, 2014 was 2.73%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 23 BarChart15.png IDEA: XBRL DOCUMENT begin 644 BarChart15.png MB5!.1PT*&@H````-24A$4@```&8```%;"`8````G3/NE````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``%/Y)1$%4>)SMG7UP565^Q[_G MOB0AX<7%$&B60I7:*BRU&2A!VD*C:1OJ6%!A+7:`9=AQ9;=+2A4Q*#-=1D%` M$$&W@TZ,**3:B=I=Z8@%=R?X`DN;95<\YWF><[_G>?N=WWD>1555%1)R1(+.@(2-%(8H4ABB M2&&((H4ABA2&*%(8HDAAB"*%(8H4ABA2&*)(88@2RV=BZ70:%RY<```4%Q=# M491\)I\W5%5%(I$``)26EB(2<7[_YU68"QVCZ M^1>(Q>.#XV6=Q\H'(U[F,16XFDC@[Z;?EG/-3LBK,-HVI:BX&$5#2@8.#.Q4 M==N#3M9]9_VP!L?[XLF!-$OZA3$ZU^C&,$O;Z,;)['+9CN95F$'H?WC58#_K MO,RUZG\8.VD9E12SO-D)9Q:?"X)K8Q3-O_Z[=I_V4U_5Z.]FA?$=!OM8>=&F M81:6E7^S^%T07(G1P_J18;'/1ON2DX8^3BU.TC<3D(,X='IE;B_&R8_"<]AD MU#G@!!UA1("C\#>$,$HD@K]?O@J*BQ%X4-!I8WPD&HUB86U=T-EP1'ANH1L, M*0Q1I#!$D<(010I#E,"$,;.\L"P=,`FK/8<5K_Y?7@\`:/GX M)VC]90L>_H>5_E\4@T!+C-XB;.>_>1!J*JR3S[\,4:5C\5MDRL,P_S5@P\C&HWF[*_ZVWG9[<_V_0>F_<5? M(A*)H&3X"%R^U`D`N'RI$T.'CT#]QA_@6__TM*OW6G@1&F%^W7821P]_AMG? M7`1XG##J@[??P-\\M!@`,&;L>$R:.AV-+S^//ZK\,[3_[PF,+!N-RY=^BYTO M/(NF^I=X9-\QH1'FD[T_1LGP$7A[QU8<;MZ'4ZW'\&\[7L2UWJNY@4T\[(_] M_#!N^<.)&%(R-+NO9OY"//R]QW%7]6R\O[L>"Y8]AC=??`Z+5SR%GNXK^/QG MG_AQ2::$IO%?\-W'LMO_V;0;GQ_^%-_\3BU2J13.G3F-LO*QUP.;E*A_W[D# MWWGJ6>:Q5]:OP9+'UR`:BV6KL1%?NQE7NB[QN0@'A*;$9/BOYOTX]-,/<:KU M&/8T-N#HX4_Q[/(EV>,'/O@1#OWT0WQYNAW_^L/-2*?3V6-GVD^A<,@0W%PV M)B?>@Q]]@++RL;CU]F\``*;?78.W=VS%J=9CF#JSVO\+TZ'DXNE)=&/.-[X.`+ARY0I*2IQ?9^A*#%=X]6UY MOD4PP(TM#&$":_QY#L:,X%53.45ZR5@0A"B\$%J8,".%(8H4ABA2&**$QB1C MQK5D$FDUC6QSKR@#]C)EP&RFH"^M(A;I?P^\?TBM]IMNU.LS/T24"`HR4YH$ M3*#"&+V1;=6;TH?Y[/-?H./B12`6AQ(O@%(X!)'"(5`*BJ`4%`+1&.+1*)+I M-)#J@YJ\!K6W!^G>'JB]/5"O]0)]28P>.1)54_[$4=JL_(:ZNVS7<]YM&+_P MZ[4+/0*W,>%>Y"/@-L:H4F!-PZ2?)T0_/Y8?>3+#;/X3[^4HP!*C#-[,/-Q2 M],<&&G+M?FUXORH3R[IVP*CD4S:"*S$L8YG51>:C@G?R2IO^.T>1!&YCP@T7 M85*I%*JKJ[%DR1+KP`.X<0NR[S+DKMWQ+S_.X2+,VK5K<<<==_"(BA/Y>*C@ M+YZ%>??==S%NW#A,G3J51WXX$N[NLB=A6EM;<>#``2Q=NA1.70?ZDDG#_U0J MY25;>2.52AE>@U<\]>><=W'333=BP80-:6EK0UM:&C1LW8OGRY2@J*C(] M=^X?CS<\MJCV22S^1_K36.W:OA%OO/B<+W%S\Y)Y_?77T=SHELW?O7NS9LP='CQ[%CAT[;)T3B\<-_YV($B31:-3P&KS"98!94U.#FIH: M'E%)!A!X@!GN7ADMDXR7N'C%8V1'U:=A]N"(0WX$]2O+_=7LIJ7D;!B<;!(A MF9$_/?QX')!?!!4F_$AAB"*P,.$V8@K1^+/C<=[&\,J3;/Q-"7>)$5B8%`O(H^#;-NL39_H>XN9S[MBJ,-ICN'ZWM+NK05?3YL MC%ED&R,P4ABBR.ZR#ME=]AV*LMM'8&&D==D5(CMC\(A#X!(3;@06AF!Q=(#L ME>F0O3(`QD-JEFP.IZ=PC9-TC8Z%V.QO;!1CA3'Z;K3/*U[%\0ZMJBSSC-UA M1%S=E^SD01]&]YV'5/1>CJ70\-C)@Y6EV2,"]\K"3>!5F=EZ+&%XF]RO/`9> M8GRN$7S'K]HX<&$D;()_@@GSE5C<5Q7>SC)*URP_F6,D>F6JJN*^^^Y#964E MDLDDCAT[AM=>>PW#AP\W/U%CQ#2[$%L7Z:87913&(D^V\DJE5S9CQ@RL6;,& M:]>N12P6P\Z=.WE$>T/C61A%4;!Z]6H`_3-WM[>W8]*D2=;G@=WP&SC'F/[; MRJ>#,(INF[5/O\V[T\*MC=F_?S]>?OEES)@Q`[-FS;(,WY=,(FFP.$'$X13R MO$;^^KBLC$;I5`IIQA3R/!9=X-8KJZZNQGOOO8?2TE(L6[;,,ORLV\>BR)7_U1>>8^9_UNUC/:?FN<0>P$`$R9,P-Z] M>RW/.W#B-RAB++J@0D4T$@6_F9F MQ?$L3&%A(1H:&G#DR!$`P)$C1[!UZU;KA.-QQ`O\7#[7I;#97IGU^=%8%%'D M5KE]R0)W:6OP+,RMM]Z*IJ8FSQGACW3&<(5\@FF.-,D010I#%('G*W,'E3S1 M>X(9-$0:&5F5$46(7AG/>(@4&%EBJ"*H,/D97+IY9F,70;W]W5=*3O/$#,[A MN@*>Y$?_8%G5[0>8?^H6KN455CWO;+K M)AF]#<_.F:HF#F\0,&(ZV<\ZQ@KKI3A:>2P[/=<=`K?[3+YQ"%IBPH\4ABB"5F7NH5*5B=$K$["_+$N, M#B*ZR#:&*H26P@IZ0JP,1LZ#^OW^YI%05>;&:&@_M-TPQA9O^S&&V^'/C;.E MH^NEV(+9)UBSOZ_BR`=EKI"],G,$[I51E-T^`I<8[[,ON466&($1PR3C($G+ M_9L-#8V8N'"A=XBMOM:2B:L^8[0X5F8BHH*5%149+^GTVGK M)4H`>[,OV?Q]N9EV[.3)9CQ>X=K&'#QX$"4E)9@S9XYEV"3'11?8^%]J4@:+ M+AA=EQ.X"7/X\&&\\LHK>.NMMVR%GS1NM.&Q%4\^C<=6K_&8(__;F:T;UN&% MYY[Q)6XNPNS;MP][]NQ!?7T]TNDTFIJ:,&_>/--SCOVJ`\4EN8LN`/TEQOO] M[LTD8X<5JU:C=N63.?L3W=V8:'+CV<&S,"TM+;C__OLQ;=HTW'///4BGTY@R M98JE,/%X'/&XGXLN6)<8)_T+%M%HE%GE\K@NS\),F3(%5ZY<<1^!UU_'0U)< MDF4]U.%`@+8R!8J=U>/XI6BK#"DY72H;2Z@J@X_EQN$<04PR?BJKC]O,R8U? M/@(3QN@2])=M9KHQ-^OD9Y#),L*2,,EXP8XX5F&-C[E<-M[Q6?Y8R`6IRL2# MI/N2MFG5[U<9G^:QN,B7P6ZC&:)S\D'-).,4-Z8R?;5A'`=_3TQ6.^+/@SY9 ME9$EE,)0->KSS%=HGV#Z)8[7>'D]F0UEB;D1H-$K8[T7J__4H]W/TPG:+$VC MO/H`C:K,37?'IQ]$L8K;QA"?QQ-,6941)>0NLGY`PX&)1E7&(:[!N!][[/Y!N' MH"4&D%496<)=E07J):-H7++T+F;:GHW66T8;SH\RH:7_G2?AK95)GIR^ZR$>&NQ@!AA0EWPP^0ZBZ;.R-9Q<4#2D9, M`F9_JT>1+*=NH["\\J5/E^7A!D8XUG%W!#X!@W/O,KL7S<.MPDY<_MP@A*HR M#*[-6-MY:#H4HSQDO@.6A2G<59E1A6YTHSJ^6@\],ZMTG1QWB:"],B#L/3-! MA9'69==(Z[(Y@I:8\".%(4JHA?'+NFRV+U]=BF"=,4P#P'@A<@9ZV10-?%XA/8R)5:#?C-+CE>,XC1+DV,^0EV5B4R@W676MI8@ M5BJCTET.W]+)M'':=&%H'R7C19=,+HN)P36^)>7W8P1)47, M__7KGKG^*]GYYPG+`L/ZK@#KUSW#S']YVLQ%8B3ES_BN4F"RZX!V/BMEP MF:Y[ZFFLJEN=L[^[NQOEH[R)PZ7$[-^_'[MV[<+%BQ>Q;MTZ7+QXT?*&5W?93L38?-&?[#W_*T\F/6W)LN]R8]&GO4.N>;=#Z8AC>_$ M$`'/C.'FF-VP;G\@NQ[5>D/D@ M2EN9P`@L#,51DGT$%D::9(@B2PQ19(DA2KA+#-GNLG>"G5_3*[+$$$TY6&', M1F=V+"VFOP"'-L8OJXX-@GW5S\K4E`ECYGSGAR>FD_T^0?=YC),P?A)0^@*W M,>%&"D,4*0Q1!!8FZ,;)&S?,`--N6E2\9`0N,>%&"D,4*0Q1I#!$D<(016!A MPMU=%E@8^023*++$$$66&(D/2&&((J@P04P^SY?`Y_;7OW6B7\G0S4MGN<^M MG>?+Z&T7HWRRPGJ!S-S^+!\,NV^J^('5HW]6/C-B2>NR*?FORGBF*+`PX48* M0Q2!A9$#3(D/2&&((K`PU_M(Z50*G]:_B'0J%6!^G"&H,(,7P5;5-`XV;(.J MYD[%2Q5ZPG`9#(3;'`-0$,9HJ!SD)`!VS`\^OQ7`Q233W-R,W;MWXY9;;L'9 MLV>Q>?-F^U/JN[3Z!P_40VV[>2!4]X\EYA$(H%%BQ9ARY8MJ*NK0W%Q M,5YZZ25GD1B])P,;^RG!,8^>2\RA0X`J(@6%4`J&0(D7 M(#T0OJ?S(B(*H/8EH?;V('WM*M3>JU"3O4!?'RZ7Q''NW+G<]!AI,LW.`_L3 MW=W,:W:"9V$Z.CHP?/CP[/=APX:AHZ.#&3:12&2W?W_"!*]).^:-^7]N&>:? M.:>92"2R-ZT3/%=E8\:,05=75_9[5U<71H\>[37:&Q[/)::RLA)GSY[%Y&'*X""/A3_`# M3`D3*0Q1I#!$D<(012AAJJJJLMN'#AW"K%FSL&S9LD%AMFW;AD<>>02;-FW" MW+ES\=%''^4[F[80LD^;2J70VMJ*JJJJ'"M$;V\OMF_?CL+"0DR>/!E///$$ M6EI:`LJI,4*5F(<>>@A`_Z)NBQWHZ[[KH+ M)TZ<&&2(I8!059D>EE%CTZ9-V>WR\G+T]/3@JZ^^RF>V;"&L2::^OAZ-C8WH M[N[&@@4+4%M;"P"HK:U%+!9#65D9CA\_CCOOO)/Y["AHA!4F[`A=E849*0Q1 MI#!$D<(010I#%"D,4:0P1)'"$$4*0Q0I#%&D,$21PA!%"D,4*0Q1I#!$D<(0 7Y?\!&=&<][=#M&@`````245.1*Y"8((` ` end XML 24 R111.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares Currency Hedged MSCI Emerging Markets ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® CURRENCY HEDGED MSCI EMERGING MARKETS ETF
Ticker: HEEM                    Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Currency Hedged MSCI Emerging Markets ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization emerging market equities while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. “Acquired Fund Fees and Expenses” reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (“NAV”). BFA, the investment adviser to the Fund, has contractually agreed until December 31, 2020 to a reduction in the management fee of the Fund on those assets attributable to the Fund's investments in the iShares MSCI Emerging Markets ETF (“EEM”) (and those assets used by the Fund to hedge the Fund's exposure to the securities in EEM's portfolio against the U.S. dollar) such that the management fee on such assets is equal to the management fee of EEM. The contractual waiver may be terminated prior to December 31, 2020 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 31, 2020
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund and the other fund in which the Fund principally invests, the iShares MSCI Emerging Markets ETF (the “Underlying Fund”), may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolios). A higher portfolio turnover rate for the Fund or the Underlying Fund may indicate higher transaction costs and cause the Fund or the Underlying Fund to incur increased expenses. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example (except costs to the Underlying Fund included as part of Acquired Fund Fees and Expenses), affect the Fund's performance. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund.
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The expense information in the table has been restated to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Emerging Markets 100% Hedged to USD Index (the “Underlying Index”), which has been developed by MSCI Inc. (“MSCI”) as an equity benchmark for global emerging markets stock performance with the currency risk of the securities included in the Underlying Index hedged against the U.S. dollar on a monthly basis. As of June 30, 2014, the Underlying Index consisted of securities from the following 23 emerging market countries: Brazil, Chile, China, Colombia, the Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Malaysia, Mexico, Peru, the Philippines, Poland, Qatar, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey and the United Arab Emirates. The Underlying Index may include large- or mid-capitalization companies, and components primarily include energy, financials and information technology companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

Currently, the Fund achieves its investment objective by investing a substantial portion of its assets in one Underlying Fund, the iShares MSCI Emerging Markets ETF.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund and the Underlying Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities or other instruments comprising the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund or the Underlying Fund may or may not hold all of the securities in its Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the Underlying Fund) and other instruments of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Components of the Underlying Index include equity securities and foreign currency forward contracts (both deliverable and non-deliverable) designed to hedge against non-U.S. currency fluctuations. The notional exposure to foreign currency forward contracts (deliverable and non-deliverable) generally will be a short position that hedges the currency risk of the equity portfolio. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Underlying Index applies a methodology that sells forward the total value of the non-U.S. dollar denominated securities included in the Underlying Index at a one-month forward rate to effectively create a “hedge” against fluctuations in the relative value of the component currencies in relation to the U.S. dollar. The hedge is reset on a monthly basis. The Underlying Index is designed to have higher returns than an equivalent unhedged investment when the component currencies are weakening relative to the U.S. dollar. Conversely, the Underlying Index is designed to have lower returns than an equivalent unhedged investment when the component currencies are rising relative to the U.S. dollar.

In order to replicate the “hedging” component of the Underlying Index, the Fund intends to enter into foreign currency forward contracts designed to offset the Fund’s exposure to the component currencies. A foreign currency forward contract is a contract between two parties to buy or sell a specified amount of a specific currency in the future at an agreed upon exchange rate. The Fund's exposure to foreign currency forward contracts is based on the aggregate exposure of the Fund to the component currencies. While this approach is designed to minimize the impact of currency fluctuations on Fund returns, it does not necessarily eliminate the Fund’s exposure to the component currencies. The return of the foreign currency forward contracts may not perfectly offset the actual fluctuations between the component currencies and the U.S. dollar.

The Fund may use non-deliverable forward (“NDF”) contracts to execute its hedging transactions. An NDF is a contract where there is no physical settlement of two currencies at maturity. Rather, based on the movement of the currencies, a net cash settlement will be made by one party to the other.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below (either directly or through its investments in the Underlying Fund), any of which may adversely affect the Fund's NAV, trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's or the Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Hedging Risk. When a derivative is used as a hedge against a position that the Fund holds, any loss generated by the derivative generally should be substantially offset by gains on the hedged investment, and vice versa. While hedging can reduce or eliminate losses, it can also reduce or eliminate gains. Hedges are sometimes subject to imperfect matching between the derivative and its reference asset, and there can be no assurance that the Fund’s hedging transactions will be effective.

In seeking to track the performance of the Underlying Index, the Fund will attempt to hedge the currency exposure of non-U.S. dollar denominated securities held in its portfolio by investing in foreign currency forward contracts, which may include both physically-settled forward contracts and NDFs. NDFs may be less liquid than deliverable forward currency contracts. A lack of liquidity in NDFs of the hedged currency could result in the Fund being unable to structure its hedging transactions as intended. In addition, BFA may seek to limit the size of the Fund in order to attempt to reduce a situation where the Fund is unable to obtain sufficient liquidity in an underlying currency to implement its investment objective.

Foreign currency forward contracts, including NDFs, do not eliminate movements in the value of non-U.S. currencies and securities but rather allow the Fund to establish a fixed rate of exchange for a future point in time. Exchange rates may be volatile and may change quickly and unpredictably in response to both global economic developments and economic conditions in a geographic region in which the Fund or the Underlying Fund invests. In addition, the Fund’s exposure to the value of the component currencies may not be fully hedged at all times. Because the Fund’s currency hedge is reset on a monthly basis, currency risk can develop or increase intra-month. Furthermore, while the Fund is designed to hedge against currency fluctuations, it is possible that a degree of currency exposure may remain even at the time a hedging transaction is implemented. As a result, the Fund may not be able to structure its hedging transactions as anticipated or its hedging transactions may not successfully reduce the currency risk included in the Fund’s portfolio. The effectiveness of the Fund’s currency hedging strategy will in general be affected by the volatility of both the Underlying Index, and the volatility of the U.S. dollar relative to the currencies to be hedged. Increased volatility will generally reduce the effectiveness of the Fund’s currency hedging strategy. The effectiveness of the Fund’s currency hedging strategy may also in general be affected by interest rates. Significant differences between U.S. dollar interest rates and foreign currency interest rates may impact the effectiveness of the Fund’s currency hedging strategy.

Currency Risk. Because the Fund's and the Underlying Fund's NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar and the Fund's attempt to hedge currency exposure is unsuccessful. Generally, an increase in the value of the U.S. dollar against a foreign currency will reduce the value of a security denominated in that foreign currency, thereby decreasing the Fund's overall NAV. In addition, fluctuations in the exchange rates of currencies could affect the economy or particular business operations of companies in a geographic region, including securities in which the Fund or the Underlying Fund invests, causing an adverse impact on the Fund’s or the Underlying Fund’s investments in the affected region and the United States. As a result, investors have the potential for losses regardless of the length of time they intend to hold Fund shares.

Custody Risk. Less developed markets are more likely than more developed securities markets to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Derivatives Risk. The Fund will use currency forwards and NDFs to hedge the currency exposure resulting from investments in foreign securities. The Fund’s use of these instruments, like instruments in other derivatives, may reduce the Fund’s returns and/or increase volatility. Volatility is defined as the characteristic of a security, a currency, an index or a market, to fluctuate significantly in price within a short time period. Currency forwards, like other derivatives, are also subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. A risk of the Fund’s use of derivatives is that the fluctuations in their values may not correlate perfectly with the currency being hedged. The possible lack of a liquid secondary market for derivatives and the resulting inability of the Fund to sell or otherwise close a derivatives position could expose the Fund to losses and could make derivatives more difficult for the Fund to value accurately. The Fund could also suffer losses related to its derivatives positions as a result of unanticipated market movements, which losses are potentially unlimited. BFA’s use of derivatives is not intended to predict the direction of securities prices, currency exchange rates, interest rates and other economic factors, which could cause the Fund’s derivatives positions to lose value. Derivatives may give rise to a form of leverage and may expose the Fund to greater risk and increase its costs. The U.S. and certain other countries have adopted or are in the process of adopting regulatory reforms affecting the derivatives markets. These regulations may make derivatives more costly, may limit the availability of derivatives, and may otherwise adversely affect the value and performance of derivatives.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund or the Underlying Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or the Underlying Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Information Technology Sector Risk. Information technology companies face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights.

Investment in Underlying Funds Risk. The Fund expects to invest a substantial portion of its assets in the Underlying Fund, so the Fund’s investment performance is directly related to the performance of the Underlying Fund. The Fund’s NAV will change with changes in the value of the Underlying Fund and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Fund.

As the Fund’s allocation to the Underlying Fund changes from time to time, or to the extent that the expense ratio of the Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund or the Underlying Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund and the Underlying Fund face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund or Underlying Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund or the Underlying Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk.

Passive Investment Risk. The Fund and the Underlying Fund are not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund or the Underlying Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund or the Underlying Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. The Fund's or the Underlying Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Securities Lending Risk. The Fund or the Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund or the Underlying Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Tax Risk. Because the Fund is expected to invest in the Underlying Fund, the Fund’s realized losses on sales of shares of the Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by the Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of the Underlying Fund, if any, would not offset net capital gains of the Fund. Each of these effects is caused by the Fund’s investment in the Underlying Fund and may result in distributions to Fund shareholders being of higher magnitudes and less likely to qualify for lower capital gain tax rates than if the Fund were to invest otherwise.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities (including shares of the Underlying Fund) and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), differences in transaction and hedging costs and forward rates achieved, the Fund’s holding of uninvested cash, differences in timing of the accrual of dividends, changes to the Underlying Index and the cost to the Fund of complying with various new or existing regulatory requirements. These risks may be heightened during times of increased market volatility or other unusual market conditions in the affected securities and/or foreign exchange markets. In addition, tracking error may result because the Fund incurs fees and expenses, while the Underlying Index does not, and because the Fund accepts creations and redemptions during time periods between which it is able to adjust its currency hedges, whereas the Underlying Index does not. To the extent that the Fund seeks its investment objective through investments in an Underlying Fund, the Fund may experience increased tracking error. The potential for increased tracking error may result from investments in an Underlying Fund due to, among other things, differences in the composition of the investment portfolio of the Underlying Fund as compared to the index tracked by the Underlying Fund and differences in the Fund’s valuation of the Underlying Fund (valued as of the close of the New York Stock Exchange, typically 4:00 p.m. Eastern Time) and the valuation of the securities (generally valued as of each security’s local market close) and the foreign currency forward contracts (generally valued at 4:00 p.m. London time) in the Underlying Index.

Valuation Risk. The price the Fund and the Underlying Fund could receive upon sale of a security or unwind of a financial instrument may differ from the Fund's valuation of the security or other instrument and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's  or the Underlying Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund or the Underlying Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock As of the date of the Fund's prospectus (the “Prospectus”), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Fund's prospectus (the “Prospectus”), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
iShares Currency Hedged MSCI Emerging Markets ETF | iShares Currency Hedged MSCI Emerging Markets ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees [1] rr_ManagementFeesOverAssets 0.78%
Distribution and Service (12b-1) Fees [1] rr_DistributionAndService12b1FeesOverAssets none
Other Expenses [1] rr_OtherExpensesOverAssets none
Acquired Fund Fees and Expenses [1] rr_AcquiredFundFeesAndExpensesOverAssets 0.68%
Total Annual Fund Operating Expenses [1] rr_ExpensesOverAssets 1.46%
Fee Waiver [1] rr_FeeWaiverOrReimbursementOverAssets (0.78%)
Total Annual Fund Operating Expenses After Fee Waiver [1] rr_NetExpensesOverAssets 0.68%
1 Year rr_ExpenseExampleYear01 $ 69
3 Years rr_ExpenseExampleYear03 $ 218
[1] The expense information in the table has been restated to reflect current fees.
GRAPHIC 25 BarChart18.png IDEA: XBRL DOCUMENT begin 644 BarChart18.png MB5!.1PT*&@H````-24A$4@```'0```%;"`8````$%ZIP````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``&C])1$%4>)SMG7MP%,>=Q[^S MJY6$A(2"D=#)+BQQ20`=(%\N!>%L3$B%@%%XI)(JC).S#NDL'C%P"K)`B(

=LQWQ4/&Z\+`.H0BAE5A6NWU_ M:+7L8QX].S,[V[W]<WM`(", MC`Q(DF1SB:R#$(*>GAX`P+!AP^!PZ*MS3`C:WMZ.X<.'VUV,N-/6UH:\O#Q= MUPB3RQE,U-",C(S@]F_^V(KTD,\@`)0L,,VQR'\CCO?=\^('_U"(US^^C!27 MR_)\[[I[\.0WO@(@_+YI84+0T#8S/2,#Z1F9X0\BG\L; MR#>S7]!XY#N05`Q]!?9,+L']AT<4]D<>4SHG\J$2A?/LS%#&C:^=@)JA*"<(03E#"$H9PA!.8,Y0?4.V92<-I&?Y1PXB9"O M7I@^1L5EKH8*U!&"^__SX.'#B` MHJ(BW+AQ`R^]]!)B2TQ,\8QL:1A5[XJV%9#3YTZA?S\?`P>/!@`\/CCCV/KUJVH MJJI2O>YN(.0+KQB]/]L$;6MK0W9V=O!S5E86VMK:-*^;-^$K5A:+>6PSN?GY M^>CJZ@I^[NKJ2LI81&9C6PV=.'$B;MRX@3MW[B`K*PL??/`!YLZ=JWG=P=^W M('V0?+@7R>&`T^FD+D-.ZX=X\.1>2$XGI%07G.FI<`Q*@V-0&IQI:9!2G9!2 MG``D$)\/Q.N#W^.!K\<#?Z\'_KL>^#U>$)\/UQY;@,ZO/$J=M\_G`_'[H_;? M[>W!4_]83)U.)+8)FI&1@?W[]Z.JJ@H//_PP>GM[\>RSSVI>-SA["`9E9)I2 MAD'IZOE:UQLN@0&F3)F"*5.FV%D$:D(#HB0RPK%`"0MB`D)0[N!V M/E0M^II2N""C9=**^D83$2[I7E:BO6$U;YJ5$^2T^5I5!N8$%:C#I,E5-V2` MMF&SBECR-=<[SV`-E<+?CI4B'X:D<"SD%"NAS5<*V3"Q3.S54+E7G?6^=AW# MZ]*:X]#(7A;M._D&RB0'@S74'E@9AS)70\T<;E@Q;#$C'2.(&LH90E#.$()2 MPLIJ?2$H9R1UI\AL1*>((5@9M@A!M6!%R0!"4"T2U;XKP%P;JMF(4OS\E64B MF9&OP;(Q)ZAFITB'/]7,^Q#I\^#`>?;0_!,SHT:-Q[=HU7+ER MA2I=*6#;)"EZ6^^?V8X%O7D;+9,CS>F6/Z0T\I0=MQX(^E`)/*=T;+9;W<@F)?@RS9LW"AQ]^B#%CQN#,F3-X M\,$'J6OGS'$C%(\M^-=5*/_)ZIC+JH;9PYI]VU_$WJ8&DU.U6-`]>_;@Q(D3 M<+O=:&YNQK)ERP``FS9M0G5U-=K:VM#:VHJ#!P]2I_F?G_VO8B0QR>'09;+T MGJLFJM[F[Y^7KT39TN>B]O?VN/&$RI=6"TL%K:BH0$5%1=3^G)P<[-Z].Z8T M4UPNP^'38L'L&NIT.@&9YL'HO3'G*1*HPZ2G*(B2C1N8&S5Q435UIX@V7XLB M3S$G:'"\IGI2Q+\:IYF!A)!R&5@AG]"N/YY@Q7G/7`TU[@8/M77F3G"KIQ>? MEUN8$]2X=\PZWY)ZRK2K&8PA3"XEK)A<(2@EK/B,F3.YLIYYTM_#)(%MI6N, M^&-CNDXI7Q)^3MCQI!NV0&;8$O+@]`Q5-(<_$=>INOXTAE.2XH?P7:(-C1.B M#178`ILFU\2TS"(I%HD)XH\0E#/8,[DTSGGJQ$Q*)Y"6&>4RFH:HH9PA!*5$ M>(HLPJY>+DU0#='+C1DEOXI9_I98,9JO\:\%1#4&R(6?1RXT,B='AH8$[02+,D1>R3.ZYVO=EEH\E7 MDODSJVSLF=P`6KX%K;&ZW@='V\N--5^SOF3,U=!^]-R^T98V5NS)E[D:>C_F MI00"`KH(F.'G#%QG;I](+D7Y?/NW$;)-0N[*&,P)"B"DEQO;[5L6*UPL&#!S%^_'BQ8<,&%!86PNOU(C]UN M3!ZE_*75PC)!=^S8@<;&1HP=.Q8'#AQ`1T<'-F[C$,[G&5PPS)^A]:'RV2NA_>Y3NZT(S36[M`"E)VU#]MM8<7Z[U+3%S-33N MCB(=:XH2H`EE3U#1*5(G24TNOS!70X5C01U10SE#"$J)\!191-Q[N8&A(RNS M+25`(HR)ZCH%*DCVE#.8*Z&:M<%/0NMS88V7^LB$3(GJ+9IT[/0 MVKR'JF^AM7*^R;?0FI7Q@TTP5T,!B%Z1"LP):M.R7"H20$\&3:Y`%NW22Q7;MVX="A0VAH:,#0H4,!&(\DIA1M2V\D,3M-+K.1Q!8N7(C*RDK, MG#D3#H<#3SWUE*%(8B6%^8K'EJ^L0U7M6KK"VTSSULW8_N(+IJ=K61OZQAMO MX&M?^QJ*BHH@21)&CAR)<^?.`8"A2&+_<_D+9*A%$F.$936K\6SUJJC]/6ZW MZI=6"\L$34]/1UU='4I*2M#5U87.SDYLVK0)``Q%$DMUN9`:STAB`#TUQ M.@&9YJ$O42.)E9:6!CM%D1B))&95C\:<%.T?N+#G*9+Z_\R8KS#SAW@BXR<9 M2<<([#0Z$9A=1^.QB#H>,"MHO&'%L<">R47BUA;[6U!10[E#"$I)HEJ%2-@S MN2;U)@?2"FYKG*O9:3*I+4C:7J[9B%YNDB%ZN1:1R`NM$R$=44,Y@UU!8_TJ MV]48TBP7-@'V3*XD01KH"D8]D,@0X`I/3(K:,*-D@7+1Y"NWCX2D$3OLUE!9 M)(5MS4T9(([9%?4BWJ1OXHB:S)-'HB&EDLU7ZBL(K1S&:>=1-ZW MI/"OTOFQY*>UC%-OOE:,H(3)U8(5GU\`I@6-BX\@3HX(L[)ASN2:V#`GJ*)9TNI>*G@BS#*[P7)1 MYJOT6:Q8$(3!7`U-["EN^Q=R,B>HF7(F6B_7C#2$R:5$+!+C#%8<1NR97#/7 MY<+D7JY8E\L.PN1RAC"Y%F'7H(5F^BPI>KDW;MQ`04$!]NW;%]S7V=F)RLI* M-#0TH+R\'"TM+587(VFPM(9ZO5[4UM9BXL2)8?M9C"3&"I;6T'7KUF'%BA7( MRS.[E*H6&4[HW M6BQK0T,[06?/GL4WO_E-E)65`3`626SDW^0J'JNI6XM5:]89*WB<:-SR`K:^ ML-'T="T?MNSOL=1(R)VB4:5-;QR-76>2. MF5@VJGQ#_T7(<1C_.C`GJ&QCI?19;3V/%15)3[YZRJP#X9SG#"$H):Q,GS%G M,LG!G*#".Z\.!R8W/M@U7-*+$#2`EDA$83O18,[D6F5Q:9P&XNTS M0=P1@@;08W(3&2%H`%8$TT((RAE)W2FB0D=@Q43H%#$GJ"Y%(U?4:R2K[X#* MN3KR-92?#.P)J@<=#\?HL"76?,U&M*&<(03E#.9,KO#-JR-J*"6LC%.%H)PA M!*4DD:?,0K&T#2TL+$1141$`0)(D'#]^'$!_:+B:FAJ,'#D2Y\^?1W5U-8J+ MBZTL2M)@J:`+%BS`^O7KH_:S&!I.M*$`3IPX@<;&1M37U^/HT:/!_49#PYGU M9S:)4"Y+0L/-F3,']?7UV+QY,R9,F`"?SX?)DR?#Y7)AVK1IAD+#>;U>>/LT M(HDI_?@-<-_E8[:J2NO#Y/*%3"2QP'E*]T:+9:'A`&#"A`D``*?3B<X0HQE-+`_R)?#S,1'?ENWK0)+VQ\ MWMS\86$;>OSX<7B]7DR?/AT`T-K:BIDS9P(P%AKNB_9;@4ABT3@7A[JZ^MQ^O1I='1T8,2( M$2@O+P<`0Z'A^B.)N12.ACY,-<&L:D'I\U6.))9JJ!26"3IV[%B\_OKKLL>, MA(8#E&<^)$C,]$:M@DE?;NB_2L?UI&4&PI>BK&(B5(TD2X'``D@1I8$PK22!]'CA2T@!"0`B!RT\`X@?QD_[N-B%P M9`^U]5X&2&I!I?1,.-,SM<]3V$Y$F!,T7NMRK?0E68EH0Q6P2\SD'H?2WCV- M5TY/VG;E2P%S)C=H>UI<8KWQCA&V3 M*XA"",H90E#.$()R!G.=HG@Y%NPBN<>A@BB$H)PA!.4,YMI06MY_[SVL6/&3 MX`^ZEY24X*5M+^/V[=OX\>+%&#=^'#P>#RY>O(17?OI3#!XFIJ;,6K4*#R_H1Z9F9FX<.$" M7F[:CK2T-'S^^>?8^?.?X96?_LSZ&R<,T-W=/>!P(YU==XC7Y]?\.W;\77+L M^+M1^_]R[3K9OF-'\'/EPH6D?L,&V33V__H`^8_?'2:C1X\.VW_ATF7RW>_. M"OOSXK:&`L"O?[T?IT__-SH[.S'OR?DH+BY&?GX^EBSY>U'[7_O-(0S+'8:FII?1XW:CL+`(3_WPA^CM[87;[08`W&IO M1\GX$KS8L`65"QH2OM*U>NX/]_# M,Y65V+3Q>>1\Z4O(RL[&M6O7,&?N][!N[1JDIZ?CN9J5*@O%3<`""VDZM"9W MUR]>)=.GSR#3I\\@W3V]8<`[QXY' MF=R5JU:1)Y^<'_R\;OUZ\N-GGPT[I^>NA\R<64K:._Y*9LQX@MQQ]Y`]O]Q+ M]OQRKZ4FEZM>;GE%!0X?/8K#1X^B>7L3.CHZ``#W[MW#U;_\!7_[Y2\#`/[T MIS]AR^;-^,7NW<+O=P5YH9]<=9&9J MKP/ZM]_^%D>.'$%Q\1BCS[Z&!:4E^/JU:OX^Y+Q^+NQ8Y&2TM_B#,\; MC@.'#J&UM15/3/\.6B]TM;5A MP_,;D9>7IWJO.=G][6UW=S?5O8;"K:"L8E10KDRN@,%>;JAS?F#U!E'8!T2O M'H'*-8@X5^FXE?D:A3E!0Y%;KJ.VA$=I?:V<6&IK<>.5;RP(DQL!J\LW!Q"" M[[I`^GY_; MO]N).MMRY,@1Y.3DH*FI"1Z/!YF9F5BR9`F`_DAB2Y28PVM(U`&4LB MB/1N#!P_&R9,GL7__?@P9,@3///,,MF_?CJJJ*N.1Q+P:D<1,Q.?S8=.F MC5BS9JVI:4=%$@N@=&_4Z*[3E.S:M8M,FC0I^/E7O_H5F35K%B&$D!$C1I"6 MEI;@L=S<7'+Y\F7%M$)-KMK?VG7K3#>!O7<]!`#IO>LQ-=VUZ]9IWD]"S;9\ MZUO?PK5KUX+?PLN7+V-48$9B()(8`-V1Q-IO=:#WKB?ZS^/!FC5K8R]PK`/! M&*];LV9ML-RA]]%^JR/&@@2*0XAUSOF]>_?BHX\^0D%!`2Y=NH2FIB9D966A ML[,3U=75*"HJ0FMK*U:N7(DQ8\8HIA/JG+\]X)R/C#X5ZE>+O".E2%44YWB] M7@Q*3T/O74__Q+3%^;K=;@Q)IMF6VWIF6R*=JS'<:92@%N=K5%#V'0MJ3E0Y M3SF-LY4FJ(+5^<8($\[Y4"/B[NE?A*4Z=2$?"%#^F)K)Q/WXM>X>-UPI+LOS M'5AD!H3?-RU,"-K3TQ/<+LC/MZ4,PX;&/VQ-3T^/['IA-=@WN8(PF.@4^?U^ MM+>W`P`R,C+Z`T1Q"B$D:)&L&AT-?G6-"4`$]PN1RAA"4,X2@G"$$Y0PA M*&<(00%,G3HUN'WJU"E,F3(%BQ/B6D9:1`T%L&C1(JKS M;MZ\B2U;MN#TZ=/8MV^?Q:6*#2&H#G)S<[%MVS9QJ!"^W`CV[-F#@P7A[.G#F#DI(25%55V5S::(2@G"%,+F<(03E#",H90E#. M$()RAA"4,X2@G"$$Y0PA*&<(03E#",H90E#.$()RAA"4,X2@G"$$Y8S_!R88 2K\XBZM)O`````$E%3D2N0F"" ` end GRAPHIC 26 BarChart16.png IDEA: XBRL DOCUMENT begin 644 BarChart16.png MB5!.1PT*&@H````-24A$4@```&L```%;"`8```#2LG`5````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``&E))1$%4>)SMG7MT%$6^Q[\] MKSQ!+@82(@\1D<>*BF`4<>%$.;MZO`CR6!=VP65!`8\LL'<3C*S"H@0(CV6! MB[**HF+`!!8!=R+R'()W=_^5?VZNJI:$$51!(<)'*DN`$<_7"R&X&(Q!!>+(;A8#,'% M8@@N%D-PL1B"B\407"R&X&(Q!!>+(5RI+@``A$(AU-34```R,S,A"$**2T0& M413A\_D``#DY.7`XC-D*%6+5U-0@-S##$&%965F M9D:^[SSR%=(S,@$!@(C8_]%$/X63AI5NBXX3]3O0ZL>D8=?BS<^_@UR\<+'+SU9>O)2 MLBBULND)IY:>0>AKLX2HC_1W]+;H_])J2GK5"S*_H;!-KBS1>:B%E2N_6OH& MH<^RI,B=>&ALT]%>Q>4A33,:(_FKB6I2,/HL2TJB!VCD1%EY6Z?D@%@`_6)U M!"RZ&&PMEN!PX!>_603!8$]"JJ"_S2*(T^G$M/DEJ2Z&;MBXI#@`N%A,P<5B M""X60W"Q&((ZL=1ZE>1Z<:`2-CJ.7+K2N$K;U.+IZ?10RL,HU+KN2B=?^EUO M'*4P:FGJ$4Q/>;3"Z84ZR^(HP\5B""X60W"Q&(*+Q1!<+(;@8C$$%XLAN%@, MP<5B""X60YCJ&SQ[]BR6+%F"0X<.H;*R,F;?R9,G<<<==^#]]]_'J%&C3!52 M2O7YP&#AMZ&?WUY$OU^=!,FS'@L+NZ; M+VY$]7=GD=.C)[XZ<0QCI\W"D-ON!``<_.]W\/DG'Z-'KVMQYO^^Q*PGGD&7 MJW/P[3^_PCNO;$%FI\X8,&0H1OYT+`#@CR7S,/G1^>C9]WI+CT\)4V(=/'@0 M$R=.Q*>??AJSO;Z^'FO6K,$MM]R24+I:'9XG_WX(/_[I`ZC\_+-(6']+"WX^ M>R%NN&DH6IJ;,.ZFGKAO\C1D9G>*B=M8?PF//;T*`'#JB__!RH6S\,J^+_## MQ1IL>&HARC^IA"_OV(875SZ%HM7/X?WRES#V%S-Q[0V#L&CZ>-SUT['X MVU_>19_^`]$K24(!)JO!*5.FQ`VP%T41145%6+Y\.5PN,IWZA0],0EI&1LRV MVT:/P0TW#04`?%?U3^1=TQOIF5EQ<7_UV]]'OH>"P8B8%\Y]B\SL3O"DI0,` M>O2^%D?_M@\`T.FJ+JBONX@F7R/2TM-17U>+O6^](6NY)+'\;*Y>O1I3IDQ! M?GX^@#;QC!#P^Q'P^V7W"0X'G$ZG:OP=F]?BR+X/,>^9=:J3U4*A$':]O!F/ M+UD-`.C5KS\"?C\N?/FQDL%:NYN1G'CAV#*(HX MS M#P`@JU-G/+QP,0!@__MOH>^`P:B]\#U:FGV8-K\$BZ:-0]GV=R/IO[ZI#-LW MK-)UO$:P5*ST]'3LV+$C\GO/GCV8.G4J1H\>K3N-BL^_089,]05`=3#F[O*7 M<,^XGR$C*QMNCP=355..C=][`'[;LP*&] M'^"J?[L:@B#$3=_YQ>/%F/K8[^+*V.1K5+T8M3`EUMZ]>[%SYT[4UM:BM+04 M<^;,0=>N70$`*U>N1%55%;9OWPZ/QX,1(^*O<-D"N=U7)K8I\/DG'^/CW16X M_$,==FQ>B_NG_AINCP?_^8=B].IW`WZX6(VK_@4`^/YL%6X9,0J>M'3L>&X=NN?W1$YN#_A;6_'0G(4Q M^6XI78Q'GG@&@B!@^*A[L'G9$WACRWK<<<]],>&<3B<@4UUK'9<6`@TK>38V M-B([.QL`\,[_GE.TK*2A-N/$1#I-OD:,N_$:`$!#0P.RLHP=)[\IEL.J6246 M+SK`Q6((ZD8WJ0WOL@JK:CFC\-%-"9`*H:S`EF*Q"A>+(;A8#,'%8@CJO$$K M:?7[$1)#B+@4@M#V@=#V#P("(1$N1]N:"&W=`R(@MG_0]MLA..`QV?M@!52* M971Y)*4PG_[C"WAK:P&7&X+;`R$M`XZT#`B>=`B>-,#I@MOIA#\4`H(!B/Y6 MB"U-"+4T06QI@MC:`@3\R.W:%87#;C.4MUQY.YSKKG=&1J)A2$%BBH\4ZL0B M3\J[0A.&RFI0N4*16QY-N@:/="T[$F520VUM(7/V1J%E";%?P\^*!.F^=FGMT>%*5HF8]W=YA1J`8]%F6VHIBR9P3JI:'T7)8)!R%EL51@CK+LK+7/3Z= MQ-HQJ\K4X5QWLB3C`0PY;"86P++K;D.QV(6+Q1`=VL%0SB%9L:Q-@UL60W"Q M&,*&8K'K#5+79A&^*TX\':6^9&D>:@_>3):'.K'(.ACQ9U)O7D+<%X7(*@ER M!\,0)!Z=)`^;B<4V7"R&,"W6V;-G,7/F3`P>/#BR;?OV[9@]>S;6K%F#:=.F MX:VWWC*;C86PVY%KVL&0F[%_YLP9K%^_'AD9&?!ZO>C;MR_JZ^MU30@G[PP: M;[,ZS",2N1G[3S[Y)#+:9],'@T%D9649?G,H.6QL65JL6+$"FS=OUBV6V=GZ MVI#W!IF8K2]EV;)EN/WVVS%Y\F3=<<;>W$=QW\,+GL",A26IF6!E(+]7-Y;A ME?4K+2\"$;%"H1"*BXM16%B(^^^_'P_^HTIZMGX*: M3(``4:=53O]-,:8]'CM;7X"`)E\#_OTFY8M1"],-R=Z]>[%]^_;(C/W:VEH4 M%17AC3?>P)HU:U!86(A''GD$%R]>U)6>V^U1_+B<+@@&_JQV5?3FZW*ZXLON M=L/E]I@JA6G+&C-F#,:,&1.S;>W:M5B[=JW9I#D2:''1.#J@3BSRS5%R&CP2 MN5#7ZPZ0/IV)CQTT&R?E-\67K<*Y[^+]>P:*#2>)8.I=. MDK<@+8>.>RK>9MD(+A9#4%D-,CCQ@QFP:-K0L M=K&A6!2:K4[HJP9!Y^FDP1LT)=;9LV>Q9,D2'#IT")65E0#:)M(]]=13\'@\ MJ*ZN1F%AH>YW%%\A>G$1Z7<@UDF06XB$Q.(DTC35\E7:E\)')'(S]2LJ*B*O MO`T&@Q@P8`!&CAR)O+P\G:DJ=0+*A5'ZK;3-+$;RM3Y_4VV6W$S]]]Y[#W?= M=1>`MO?UWGKKK=BS9X_N-`6YCZ"P7>VCV#>8X%`T/660AI&)8P;+VZP+%RZ@ M<^?.D=^=.W>&U^O5'3\0\",0(#E;WP1ZSK:@,EM?X;CT8KE8N;FYN'3I4N3W MI4N7#%2!P-V#>BKN>^2W)7CT=XM-E2\9;/WC2KRP;H7EZ5HNUMBQ8_'VVV]C M[MRY"`0".';L MVJ0[_KY39Y&1F27[/BJ'PZ$X"HPT1O*;M?`)_'I^<5P< MGZ]1]6+4PI18>_?NQ?,F8.)$R?BV+%C>/KIIU%34X.RLC+DYN;J M+Y#;K?D.>AI=^VB<3J=L=>TV^78[4V+)S=0'@.7+EYM)EJ,`E3?%X?]J;Z)* MO"HT%TLI7[7RA/=1YPV:)JHC5^W@=!VX3N]-5QB-,NDJ*^_(M0_465;X(I9V M[`#JU:*9_/2&D5:%:B\XE'JR>O-2@SJQPEC1@615#X8T+:T.,3V=4HG`2#5( ML[.>O+)19UE75C2+16S?ERK">8L09E08%C>J"O&HQZ^$@@=23\I-A@--G@ M)H^+.K':D#[4EQN2K';D:@_2$[&NZ*=L6F=<:[6MQ*%.K"M][EI/D-1326R? M5BRCXP0$R1[>D6L;;"@6[W6W#-Z!H0QU8O&[8F5L5@VR6P4"%%H66<-*W!.D MP+#L9EELTZ$MRTJX9:4$&B\%?1`3:]>N79@Z=2I6K5J%<>/&X<2)$_HB"A9^ M9$G0R2!:)GT0JP9GSYZ-@P>P=.E25%14:,:3'^+9MD?^1$?W MPVF%3=P;O-+=)+?D@U9,,2J-Q"%F6?GY^9&)WUZO%P4%!09B*UV2:I>J7%BE M=!-!6@:E\FB5.W&(6=;FS9M14E*"@H("'#Y\&%NW;B65E4'8O=??==3)@P`2=/GM2,&_#[$?#++T'@,+BT0JHZ,(+!($)R M2RLH')=>B(A56UL+411QU557`0!Z].B!UM9677$+KN^AN._QXL68M^CWEI31 M,`;4VKQV!3:563^OFHA8@PC%L3:K,6+$UM#TLY:8VE9%4;Y28#^%#O>($^]QY.P MAC2VB/J@SK(`$!;,Q,-'LW!O,#E0H!6%U2!Q:+P4]&%#RS*_*EJB<,NR$=19 M5BH:+5U#7R@P+>K$2D77H-9K9RCI&K1C-:A]RF@=4F-#LD\YS;EFW ME9XRZ4S'#.Q9EFG8M2X;BL5NNT5?-0BZNYN2G_,5N&7)0&M%2G3KU@W'CQ_'H$%Q/7OV MA"B*NN83`X`@"!#TO*'3,@1=MB;$N7)R+PN4C!P68O?%IV$,(F)YO5X_;L04-#`RY=NH0%"Q:0R$H#DFI+TU8;Q&A-.8BT655553AW[ASZ]^^/!0L6 MX/KKK\?TZ=-UQ0WX_?#+?`)^/X+!((`K3HC2*5!W4LB;:S`8C!Q'0'(,9B`B M5GB6_IUWW@D`&#ER)/;MVZW=&G:U;'A8L68WY12=QV7V.C*<&(B.5RN;!CQPZ4EI9BT*!!J*RL MQ+9MVW3%=7O<<'OD9[5'-]_2[=)W!RO;3X+5H$(TZ0-2$8#+Y80(9UPYW'YS ML_6)>8,%!05X]=57$XJ;2->@]&&ERK(X.=9852J5U6*H$RNF MNDC$S2)4#PI::6O?C?,GQ7:".LOB@]&4H4XL*Z6*3R?Q&^+42V6[:I!&B]6/ MS<1B&_JJ08O&Z!G)S\IP)-.PH66Q6Q7:3"P1?-R@A9!UW!-/F7N#*8%7@PS! M;C5(G5@"VCW"\&_)$,)HCRIFH(H0NXUDN2+_H_9)RR17/K/EHJ[-BCY2/8+% M1)4(2:INNQ'8K0(!VXG%KG,!4%@-QK$V'%T!<]:5E_T5`G MEFR5$UT3RGU/0E,D*)4A_!O0-+J.5PTJ-1!*%[3A,V#"(]3*U\C^!+"9-PBP M[!':3"S>ZVXIO-==&9M9%ML0%2L8#&+,F#&8,6,&R6QL`U&QEBU;AD&#!I', M0A92O>YJVY+AMA`3:]>N7>C=NS>&#Q]N*%[TXP?9CW2_(/E.X%&)T)Z8-.]( M/L*5<-*R2+>9@8A8IT^?QH$#!S!SYDR(HC'OR^_WPQ^0_P1#;;/UY<]85"+2 M_58B=P4A]G\P%(Q=;2!\##3.UJ^HJ$"7+EVP:M4J?/#!!SAQX@3*RLK0W-RL M&;=W;@ZNSLZ0_:PJ?99$<2UG5>FSLN7OG9MC*EU!-'KI&V3;MFW8OW\_7G[Y M9<4PC8V-R,[.!@!\ZZV)S-:7&H;#X8#3Z=3=P_3\AP=P^KMJP.6&X/9`2,N` M(RT=@B<#@B<-<+J0X7:A*1`$@@&(_E:(+4T(M31!;&F"V-H"!/P8D-\-/LU2Y80T,#LA16)5""J(.Q9\\>[-Z]&R=.G,"6+5MTQ7&[ MW?"T?]R2C[/]??6T]T$XGGVFYH]9"8=]@VY]T:^Q_R2Y%8['NP7[;/9(@DY?: MK;$@^=71GA0G--\5TPQT,3A*@KAHD^SP+X*^^Y20%+A9#V%`L M[F`P!+L]&!W:P;`R'1H<#.K$2H([F!ARHV[E?NM)(T%L6`V:/&/J/4I$L:%8 M[&)#L;B#81GDFZS$4J?!P;"A9;$+%XLAN%@,84.QV'4P;"@6N]C0&TP,&KQ! MZL0"H'Y4>A;?MQKI%62T#!:M^D!?-2A$?Y$9.21`8;O"R"=+D>8E&8HFR)0K M'-Z"LM!I69HSGZ27L-Q0-1*.A-QZ"DH]O.%]UBVF0J%8:@=E=*"GV32,Q(L6 M3^D%Q>8$HZ\:5,&:X83D77>S@SF5H,ZRM+S!5'B*5HT[Y7V#-H*897WSS3FS8L"$RQRIUT'@7IP]B8M75U6'RY,F8,&$"`."^^^Y# M>7DYIDV;1BI+G;#;W41,K*%#AV+HT*&1WZ%0")T[=R:5G0&X9:ERZ-`A9&5E M8=RX<9IAPS/EJ*EVBEO77O_X5NW?OQM:M6Q$*A?#FFV]B MTJ1)JG$NU-0JSF)W.!P6G&KR$Q,6__XIE#RY.&Y[0V.C*<&(B77TZ%$\^."# M*"@HP#WWW(-0*(1APX9IBF7%K'9UR%N6T^F4K:X]M,[6'S9L&!H:&A*++#?U M-+Q-:5JJM!M.T8`L:+-4T]>(9P+J>C!T=:U%"R>-*_?=JG(9V4X`^L0"])V` M5'O@*+(;A8#&%#L5+=V"4.=0Y&LF?K)VEJE25IV-"RV(6+Q1!< M+(;@8C$$%XLA;"@6NZZ[#<5B=PR&#<7BEL40W+(X28"+Q1`V$RM)KUXE!)4= MN='_HX==J,V$BD9Y?Z*#)V+SCOXMS5/N[;=671[4B05H3Y/3.U.*!%I#,>3* M&1:0][H;)OG5H%4YVE`L=N%B,80-Q>(WQ9PDP,5B"!N*=<4W"P6#^&3KGQ`* M!E-8'OW83"P1T6V6*(9PZ.4-$,7XB6\TPHY8EMRLL-O5!-`LEM(M?RH7R=#3 MC4)PM@FQ[J;]^_?C]==?1]^^?7'^_'FL7;O6V"0YN<7NH_\KQ2&)J/!=3QDL M*!L1R_+Y?)@^?3K6K5N'DI(29&9F8M.F3<834IJG!1W;:<*B,A*QK,.'#R,O M+R_R5N]1HT:AK*P,"QA]O!-=;5P"(`8\+>]`;RU&6)+,T1_"Q`(X'*6&Q[X]NV^QD;98]8+$;&\7F_,FA>=.G6"U^M5#._S^2+?K^_7CT21 M5'EU\H\UPRRU.$^?SQ>YF/5"I!K,R\M#?7U]Y'=]?3UR+(6PA5F%A8>3[X<.',7KT:,R=.SK5&#]^/#[ZZ*-D%U,36_G2P6`0IT^?1F%A85R/2DM+"S9NW(BT MM#0,&3($Q<7%.'KT:(I**H\M+.NAAQX"T+:TW,,//RQ[TUU45(2TM#0`P%=? M?84A0X8DM8QZL(5ES9DS1U>XZNIJK%BQ`D>/'L4KK[Q"N%3&L858>NG6K1O6 MK5N'JJHJC!@Q`E]^^24EBS"W88MJ4(IO6K2@O+T=C8R.F3)F"^?/G`P#FSY\/E\N%[MV[X]2I4[CYYIL5G[^E M"MN)Q3*VK`99A8O%$%PLAN!B,007BR&X6`S!Q6((+A9#<+$8@HO%$%PLAN!B E,007BR&X6`S!Q6((+A9#_#\X888XNIQ2;@````!)14Y$KD)@@@`` ` end XML 27 R47.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares MSCI Colombia Capped ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI COLOMBIA CAPPED ETF
Ticker: ICOL                    Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Colombia Capped ETF (the “Fund”) seeks to track the investment results of a broad-based index composed of Colombian equities.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 34% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 34.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI All Colombia Capped Index (the “Underlying Index”), which is designed to measure the broad-based equity market in Colombia. The Underlying Index consists of equity securities of companies that are listed in Colombia and have the majority of their operations based in Colombia, as well as companies that are headquartered in Colombia and have the majority of their operations based in Colombia (but may not be listed in Colombia). The Underlying Index is a free float-adjusted market capitalization-weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight, and all issuers with a weight above 5% do not, in the aggregate, exceed 50% of the Underlying Index weight. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include energy, financials and utilities companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in Colombia, which is susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on the Colombian economy.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Market Risk. Non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of the Fund’s holdings difficult or impossible at times.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of Colombian securities or Colombian markets. The Fund is specifically exposed to Central and South American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in a country whose economy is heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Colombia. Investments in Colombian issuers and companies that have significant operations in Colombia involve risks that are specific to Colombia, including legal, regulatory, political and economic risks. The Colombian economy has grown steadily during the past several years, and there can be no assurance that economic growth will continue. The Colombian economy depends heavily on oil, coal and other commodity exports, making it vulnerable to commodity prices.

Risk of Investing in Emerging Markets. Investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. The geographic area in which the Fund invests has experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in Colombian markets and may adversely affect their economies and the Fund's investments.

Structural Risk. Colombia may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Utilities Sector Risk. The utilities sector is subject to significant government regulation and oversight. Companies in the utilities sector may be adversely affected due to increases in fuel and operating costs, rising costs of financing capital construction and the cost of complying with regulations, among other factors.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock As of the date of the Fund's prospectus (the “Prospectus”), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Fund's prospectus (the “Prospectus”), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
iShares MSCI Colombia Capped ETF | iShares MSCI Colombia Capped ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.61%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.61%
1 Year rr_ExpenseExampleYear01 $ 62
3 Years rr_ExpenseExampleYear03 195
5 Years rr_ExpenseExampleYear05 340
10 Years rr_ExpenseExampleYear10 $ 762

XML 28 R139.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares Latin America Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® LATIN AMERICA BOND ETF
Ticker: LTAM              Stock Exchange: NASDAQ
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Latin America Bond ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. dollar-denominated, corporate, sovereign and quasi-sovereign Latin American bonds.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance.
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the Barclays Latin America Bond Index (the “Underlying Index”), which is designed to measure the performance of U.S. dollar-denominated bond markets of corporate, sovereign and quasi-sovereign issuers domiciled in Latin America. Securities included in the Underlying Index must be issued by entities domiciled in Latin America that satisfy certain eligibility requirements, and meet separate security-specific requirements. Each security issued by an eligible issuer included in the Underlying Index must have a minimum maturity of one year and a minimum par amount outstanding, depending on the credit rating and country of domicile. As of September 30, 2014, the Underlying Index consisted of both investment-grade and non-investment-grade bonds. Non-investment-grade bonds are also known as “junk bonds.”

As of September 30, 2014, the Underlying Index consisted of issuers from the following countries: Argentina, Belize, Brazil, Chile, Colombia, the Dominican Republic, Ecuador, El Salvador, Guatemala, Jamaica, Mexico, Panama, Peru, Trinidad, Uruguay and Venezuela. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include sovereign and quasi-sovereign entities and industrials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

A security is considered investment-grade if it is rated Baa3 or higher by Moody’s Investors Service, Inc. (“Moody’s”) or BBB- or higher by Standard & Poor’s Ratings Services and Fitch Ratings, Inc. (“Fitch”), using the middle rating of Moody’s, Standard & Poor's Ratings Services and Fitch. When ratings from only two of these agencies are available, the lower rating is used. When a rating from only one of these agencies is available, that rating is used to determine index eligibility.

The Underlying Index includes both emerging market and non-emerging market countries in Latin America. A country is considered an emerging market if it has a foreign currency sovereign rating of Baa1 or lower as determined by Moody’s or BBB+ or lower as determined by Standard & Poor's Ratings Services or Fitch, using the middle rating of Moody’s, Standard & Poor's Ratings Services or Fitch. When ratings from only two of these agencies are available, the lower rating is used. When a rating from only one of these agencies is available, that rating is used to determine index eligibility. A country is considered a non-emerging market country if it has a foreign currency sovereign rating of A3 or higher as determined by Moody’s or A- or higher as determined by Standard & Poor's Ratings Services or Fitch.

Securities rated investment-grade and domiciled in either an emerging market or a non-emerging market country must have a minimum of $300 million par amount outstanding. Securities rated non-investment-grade and domiciled in a non-emerging market country must have a minimum of $150 million par amount outstanding. Securities rated non-investment-grade and domiciled in an emerging market country must have a minimum of $500 million par amount outstanding; however, corporate issuers must have at least $1 billion of aggregate par amount outstanding.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by Barclays Capital Inc. or its affiliates (the “Index Provider” or “Barclays”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund may “call” or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s investments.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” including those bonds rated lower than “BBB-” by Standard & Poor's Ratings Services and Fitch, or “Baa3” by Moody's), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity.

Income Risk. The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.

Interest Rate Risk. An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Liquidity Risk. Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to Latin American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk, Latin American Economic Risk and U.S. Economic Risk.

Risk of Investing in Brazil. Investment in Brazilian issuers involves risks that are specific to Brazil, including legal, regulatory, political and economic risks. The Brazilian economy has historically been exposed to high rates of inflation and a high level of debt, each of which may reduce and/or prevent economic growth.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in Mexico. Investments in Mexican issuers involve risks that are specific to Mexico, including legal, regulatory, political, currency, security and economic risks. In the past, Mexico has experienced high interest rates, economic volatility and high unemployment rates.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Sovereign and Quasi-Sovereign Obligations Risk. The Fund will invest in securities issued by or guaranteed by non-U.S. sovereign governments and by entities affiliated with or backed by non-U.S. sovereign governments, which may be unable or unwilling to repay principal or interest when due. In times of economic uncertainty, the prices of these securities may be more volatile than those of corporate debt obligations or of other government debt obligations.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund’s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock As of the date of the Fund's prospectus (the “Prospectus”), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Fund's prospectus (the “Prospectus”), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
iShares Latin America Bond ETF | iShares Latin America Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.49%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.49%
1 Year rr_ExpenseExampleYear01 $ 50
3 Years rr_ExpenseExampleYear03 $ 157
GRAPHIC 29 BarChart17.png IDEA: XBRL DOCUMENT begin 644 BarChart17.png MB5!.1PT*&@H````-24A$4@```&X```%;"`8````TF[M1````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``%W%)1$%4>)SMG7MP5%6>Q[^W M.P\(24`@$%)8*CJ%N`+6CB6K18DXNZ4.CF%'G"0+QR4`6 M1-$I5BHN#`NUM2M.^>QY]O_?W.^][%,88@T0X(KG.@,0;4CA!D<()BA1.4*1P M@B*%$Q0IG*!(X01%"BM*PLS2YO/-?9Q>T_ZO=V5Z:U!,OL/BF%E>M&G876N6 M?[OX/4#7XO28B0"'8QSEFR$-?9Q:W*1O)W``XM&U.#U>?ZR;FQ9DL]&J\A(0 MX@@W$`CPP9#"`5`B$?S]DE50//1@Y`IQRK@0B4:C^(>E#;G.ABO$><0D&4CA M!$4*)RA2.$&1P@D*6>'L>K;,>I)@&' M'V+/GCVXX88;T-;6ALV;-Z,PM>K3#KN)'-G";F6/GWBHK];I[N[&[-FSL67+ M%C0T-*"DI`2OO/)*F$D&2U`/3@@/8*@6=^C0(5165J*TM!0`7I[^7E96AO;V=JZP-7?\**QL#0A"=965 ME97H[.Q,?^_L[,R[]YB$1:@6-V7*%+2UM>'RY__O M>-_K,DQ0(A%$HU'N?%SW_A:4MK5"*8@B4ER$Z*`B1$H&(3*X&)&B(D0*HT@4 M#$9!LAZZ"7;D*-9Y`UY@).'/?/W&GFTPFP535<+RW MIQM_=]AIZ<'BQE2]>KW&#&W<9UK(J/62%HT*NNTNM(.TJK9V.V6OT M].]A(AH M9R4$;76RC,L"5$D--62%"[(=%\0@3.K^&R;$.DV&-3DOR[@\AJS%4:E7&EZ70:1> M258X&K+)MRY(`D8*)RATA=/7*NU>JZ3\\)?Q"J^P?&U_O(IQ"ICI==K\&,)X M)-0R[OWWW\?>O7LQ:=(DG#AQ`K???CN>>.()KK#I^\\KGO8RI[5K=@DZ7:9+ M6]&'Y6BSD9^>=_[\>3S]]-.X_OKK$8_'45%1@1DS9F#LV+%A)ALX%+N\0A5N MWKQYZ<^,,42C4107%X>99."D/!LU\7P+-V/&#'SSS3>&X]75U6AJ:DI_W[IU M*QH;&U%14<$5;S(>1S(>-SWG=L,(/ZY).Y#JMGBRVC#"ZG>YP;=P^_?O=[QF MQXX=8(QA^?+EW/'^S5]<:WEN7GT#%BQOY([+"_J975XL[O6M&]'RXH:`/7MP\>)%//OLLUS"%185HK#( M_U8FO-@)Y76R4$%!%(#1I2<2Q+=HJ:NK0UU=79A)9`6*E1.Z#7")+;*3F0._ M4]#UY$$GLU67A)FL=B.:?A/#B-%/B$>!F7>R@\)V:0M3AM MYZ[VYCG-?+.*RRM^^BI3X<,0G[S%A>QQ/.7!;]@\:`[D'NDJ7:*M3-OMQ!;V MZRSTZ^.J?3#H[GK5E%RY576*O,7LA9G M-F5`ZZ:TW\/.A]6D6+-U'W:UWB#S35:X%-3:X':3SNP^FWWW@V"NDFH=#\AV MWLA:G-7;\UC_N6QA=)-*_W%FD@_K?&FO'_BNTG0R:8ZM+EVK=).0(N\844S@&*,[P`PJX2H%'Y#V-%:A#0%8[0-*\,JR-2 MR$E7*2AD+8Z*P5GUE_J-TR_2XAR@6#$!I'!<>!7/RY@=+W1=I68@U7=<`81/ MCUZ[C,ST\@!^%UGA^M!/7&!P5^H$,['!^&8AGGB]S$?CAZQP/XP-.(V`V<<2 M3%[T@Z!N)P4JNC.RDSEOD<(Y0*%)8@9A5TGCIE%]"1M9X:B,ZQBZNX@H)UVE M`U0;X&0MCHJKE%U>`D/1ZO+"X@+M.?&?'6EQV8"BM0&$+8Y,(:>'B,F1%.'ZP9V.PZ`S\5,'-&H*&=PE424DZY24,A:'*4&N#8>(@8G+4Y4I'`.$"AF M30E=N+:V-E1556'7KEVNPBD!_OG!;"`UUWD"0B[CXO$X&AH:,&7*%/>!B11R M>3F0NF[=.BQ?OAS#A@V#XG)"(A6+"RM??O%E<5:[?#STT$,8/WX\)DR8@(D3 M)P+HVZ)%1*CFVI=P=KM\S)DS![?<<@LV;MR(HT>/(A:+(9E,HK:VEBON>#R! M>#RA.?+#I-)(1$$TZB;K83<(S+OR,CNJX-7F%_#RIN?#R%;X#?#MV[?C MTT\_15=7%T:/'HW[[[^?*]R14]^BQ&*+EHAVBQ8O(RPN\1KEXA6-6+1\M>%X M=RR&O[1Y,'D(7;B%"Q=BX<*%KL,5%KK8HL7+"(L+##5+3J(%441-MF@IC!/? MHL4/1%H#!C=)I#4@>TZJ4]"EQ0D*68LC8W)ZB)@<6>&D;O9( M5\D!Q6XO*1P'>@NAX`GRPE4&-2:GS9.?.',^.A`N00V#^K]-F3UI-$HYLL*E MWG.B?T&&^U$]G_F`KOC2 MXAR@\O#H$5YLSK]!UE0I'[2O;=Y0G3SS14)^>)PD/*9R@T'65 MH-'EI6_\RUJEQ!?TA:-8I7-#2$,+=%VEHORPWB`;XG%6]8QK(#BVF%"S!=95^FW4J!O$@=% M$*Y7]E5F`8IN$B!L<1F/IMG&4$[51NUQGR/@ACS9557#W<0J#5GA,ER*E^J: MYKA?5VEH@+NM6NHOD2/@^0M9BZ,SE*IM0-,92B4K'*6N)CFO4E"H/$!:I'`6 M4%TSD(*NJPQH#B-@TLG+&29%QF0A.:]2'*2K%!2*;I.NJP2=)UT_UA9$?'[) M:XNC\F!X(:^%H^@">2$K7*H&E^Z2U$VQU-;,M+.]M->%85':?*7_UYS3Y\DL M?P-[EI?F5_.(EQ%4)VI8^=+^;]7G;9J^;`YD!XHN50K'`<5*#%E7:2RCO/1_ M!`^5YD"HPATY<@1OOODFRLO+ET^IS'FW%7:;=%26EJ*@P>^TUW'SSS1@Z="@` M8.K4J=BW;Q^W<-=7CK0\MVK-6C2L7>\NLS[P:K&;7G@.&Y]_-NCL``C15=Y[ M[[UX_OGGH:HJ(I$(3I\^C?'CQW.'/_UM!X8,X=CI(V3\N-F5C4_AGU;L>W\B>$PNL*H54&-#"!=7+ MX30]+Q>56[I=7D[M';,[JN\T80&+U]^X5`"#*2J:"PUMO13]QP;^JWW]=IK8 M]91Q8NDJK>*T2S-`D&5BD8(5T[Z_NF/9OZO.Q5" M861H+J8:;(:T[*I3^DD8A$?`?>/E80WAX7;=CN-!3L_+7Z1P@D+65897K/M# M-L`EOI#""8H43E"D<((B*R>:]*R.4WQ!#5GAJ%0K+3M([/:)<$(VP,/'LB3:*"(BT`GR3!UU7J6@_F,R@4F!QW&(&F$?, M7:4^+=WT/,4D7ZGK`WJHZ`H'P'F.HKY9K)_?&,Q=,L9BYCP5DW-F,023)\*N M,JA5`T&7E+QKO^Q*1_]Y(FYQYE"HM/`0Q,17*\A:'(65.JET_-0JS:Z7?959 M@&H[3@HG*%(X09'""0K9RDF0#*E>#!;O1:IQK$3Z&\D1!4K_)CXL<15*01'` M&*(,8$P%5`;&&*`R``Q*X:!<_Y0T>2%<9%B%XS4YGOOC&K+"!=W)G*4]9[-& MWI1QP76?@M^/L6J]V4X_MP@>)U_@#R!=95\G5U:>=?J4/JX^'9XC([!W/ MO"^LS+(9TQ4.X+L905QC9L5.ENTF_1"@[2HEEDCA!$4*)RBAEG'KUJW#Q8L7 M,7+D2!P_?APM+2TH*RL+,\F\(33ACAT[AAT[=J"MK0T`4%-3@YT[=Z*NKHXK M/)597F%`NAUWS3770%55='5U`0`N7;J$VVZ[+:SD\HY0MFBIKJY&4U,3UJ]? MCYJ:&E145&#$B!&8/'DR=]SQ>-QR$Z7T%BW$L=RBQ=/F4#I82+SSSCMLZM2I MZ>_U]?5LT:)%MF&ZNKKZNN$=_M:N6\?B297\W]IUZQQ_2U=7EZ?[&UH9=^[< M.5165J:_CQDS!B=/GN0._]V%BZZW:)D_KQ:G3Y].?__JRR^Q[957\>#/?I9Q MW:Z=.[%CQVL8-*AOF.:^^^[#BI6KH*HJ_K:Z&G=,N0/Q>!RMQUNQHZ4%Y>7E M^.BCC_#FOC<```\_\BCNNNLNJ*J*634U^-7V[1@Q8H0A/VN>6HN&QC6&X[%8 M#!4CAG/=!TL\RJ\[/H) MW_WO>]*?KR:2["<_^6MV)9XP7-?R^K^Q+_]TRG#\:B+)GGWNN?3W7_RBAKWX MTDLLGE19=?5,=JGS,OOS]YVLNGHFBR=5UKQY,_O/_WK#=3XO=5ZF:W$E)278 MM6M76-&;\MBL6>G/;[_U%N[_Z0.6UOFK5U]!964E.CL[43MO/JZ]]EHHBH+5 M#7V;&"6329PY>P;S%RP```R[9A@Z.CJ@JBJ&CQB.DR=/XNBG1[%L&=_N7('C M2>Z0\&MQVK\''O@I^_/WG:;GOOCJ3^R;;]M9/*FR(Y_\D=UXXXVLN_=*^OQ_ MO_\_K+IZ)EM67\]ZK\99/*FR,^?.LX;&1K;FJ:?8J3-GV4,/5;/39\^Q]4U- MK*&QD?WQZ&=9M3B%,49F!EHL%D-I:2D`X%+G9/&W8C+ER\C$HG@D45]'1%=7%]?OU"-\ MEU?MO'EX][WW\.Y[[Z&XN!@`\.JV;:A;LC3CNO/GSZ>KX4^M:40BD0``7+AP M`;V]O1@[=BQ:6UOQGF8SPW'C;C14J%I;6_'99\?P\X=WV/$B!$8/'@P MKEZ]&N;/-$![6,<#7WWU%0:7#,:8,6,RCL^OK47=DB68\>"#J!PS!O^XZ$F, M&S<.QXX=QZY?[T9961F*BXNQ:^=.?/+)'P``G_SA$VS>\F(ZCF0RB=4K5^+U MG3L!`#4UCZ%I_3K\_O>_P[SY\[/V&P%`>%9!%YF)-C%;17.S8H;NWP&^78BZ2JS2)`6 M)X43%"F M^L+I'3FS.&X7QBX>.ZQN,K/XS!-_0`43?>$`OE?[\'1G]*S2A,EYI:]R MDC[LL6Y(2KCN[N[TYRK-G,QL,=+O7$\R?S+CFY9=?QN.//X[FYF;,G#D3'WSP0;:SR06I MGI-LD4PF\?GGGV/Z].EH;V_/.'?ERA5LV[8-Q<7%F#AQ(E:N7(G#AP_G**?6 MY)7%U=34``"BT2CFS)ECVL!?L6)%>M7/%U]\@8D3)V8UC[SDE<4M7+B0Z[KO MOOL.&S9LP.'#A[.^JI:7O!*.EXJ*"FS9L@5GSIS!G7?>B1,G3J"\O#S7VON;FYO3GJJHJ]/3TX,*%"]G,%A=YVU?9TM*"O7OW(A:+8=:L65BZ MM&\%Z]*E2U%04(!1HT:AM;45DR=/1GU]CA;HVY"WPHE.7KM*D9'""8H43E"D M<((BA1,4*9R@2.$$10HG*%(X09'""8H43E"D<((BA1,4*9R@2.$$10HG*/\/ 4OQ>&SDHFB%D`````245.1*Y"8((` ` end GRAPHIC 30 BarChart13.png IDEA: XBRL DOCUMENT begin 644 BarChart13.png MB5!.1PT*&@H````-24A$4@```&X```%;"`8````TF[M1````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``&+U)1$%4>)SMG7MTE.6=Q[_O M3"Z0<%LD0+,>!%J/*^6V5F'I"I&B1TLJ87M*J=8:!>7B$3'D`"9`"`4)D((( M_B%U45@+]NR*/=LM>];U2*NHA^I&7;#(Q9KB)3$G@:5))@E,9I[](YGQG7?> MR_/>9G[/S//AY##OY;F\[_?]_=[G_BJ,,0:)<`32G0&),Z1P@B*%$Q0IG*!( MX01%"B.M!U.NDI! M(65Q!04%\=^__N-Y#!A8`"@`&!+_5Z/N3=2>J]VG#J/:[KT:QH^^,Q8OO_\7 MY.3F)L:K%TXO'SKQZAYC0$]7%W[R#]K-@NA^]Q4L(EH!6&&>S7"Q>[ M%]H;QY.6D:69Y8WG/+/X'$#W':>H_K3;ZGWJ_[6N3&L-BLXV#/;IY46=AMFY M>ODWB]\!="U.BYX(L-C'\7Y+2D,;IQH[Z9L)[(%X="U.B].+M7/3O*PV&A5> M/$(,T3EFKJPOWWWX]= MNW:AJJH*!04%>.:99_Q,TEN\>G!\>`!]M;@3)TY@].C1H$`!@UJQ9V+%C M!RHJ*BS#]O0O)Y&)>'%MO@K7TM*"(4.&Q+<'#QZ,EI86KK`+IUWO5[8R`E]= MY>C1H]'>WA[?;F]OS[IU3/S"5XN;/GTZFIN;T='1@<&#!^/--]_$_/GSN<(> M?N=TWW(9.BB!`(+!('<^KGMU%P8U?PPE)XA`?AZ"`_(0*!B`P,!\!/+R$,@- MHC=G('(B/6"]O8A>Z46TNP>1[AY$NJ^"7;F*:+@7G=^X$1?N7,6=;B02`8M& MD_;W='?AWN].X(Y'#U^%*R@HP(LOOHB*B@I<=]UUZ.[NQJ.//LH5=M"0H1A8 M4.A-/O+S4)B7TR=<7@Z"^;D(J/]R<]";DX><2!2L-X"HHB`:C2`2C2`2B8*Q M**(*$,W/\R1/.3RE:JLX7,=@04E)"4I*2OQ.QC=X5]Q(-;(";@%%T0`IG+`( MUQ_'TYCA58.''G;3ULM+1D_ZX)WYXO0<.]AQEWY-J])"5C@JI+NYU`C2KM+8 MZ>@MHZ==A\EJC4)[N6#Q7[QQF:TOY?YQ(&QQ2N+/V/*`BO:8TO^GVJ\^W^5- M,G23EKZ\7V1OLI$$78LS6WDNA5,_D^IQ=J;$:K<]%)&PQ4G,(&MQ%/I1`>N% M:)V0T=4!B3E2.$&1PG%`L;U2"B"X&>#M1ND.D]&;=XPV>=1?@#"PE%I.0$2VRL3VI#U?IOMLS[$ MC725@B*%$Q0IG*!(X01%%DYL(EM.!('BPP-(X2R1%7"[\/C*%#4D&HXY<4K6 MCSE)@6C:YT=Q/=3/;0Q]D+4XQ;-+=*^OMM7$?;XR>EPE#62WCJ!0%`T@+!R5 M&^:V5"GLI(\3)TZ@I*0$RYC/#7J#DNVF[76>`)^%BT0B.'OV+&;/ MGNUG,EF)K\(%@T&4EY=#4;QXQM)#QE;`2TM+T=34E+2_K*P,M;6UCN.-](81 MZ0WK'K.[7(83M).WXFG;>`:-ELOH-;@N.[@6[NC1HZXSHISPS7%$GEA]9CA0DG MXI6O7(O[5ZQ.VM_=%3)],'GP_0[LW[\?QX\?QP_9PA\O)S37\\]M- MJG'SC@L&@X;7X!;?+6[QXL58O'BQ[7"R/\X=3;[C4H1L\A(0*J5;+:1=I5N3P@D*75<).D^ZUP65+"A5&C5)Z,EJUJ/I[E8I";_6U#TT1I`53O>Y=#(RU>/[IO#D(6G<>N*V%UDB*YRA1Z'PXN/) M@U5/@4N(O^/2#X7G1`^R%A9:DR>R%K<>I2I7H?8.XZ_+_/MJW"OOOHJ#A\^ MC,F3)^/,F3.X^>:;L73I4EMQ4*N#FPTZ,_NMM^T&7X7[XHLOL&G3)HP=.Q;A MZS!&)VU>J2*U>?-5./448L88@L$@\O/SN<(:K9['^H^E MBF0WJ?3O9SKY,,Z7^GP2KI)WG9/=NW>CNKH:145%_)'K7&$J1=,E7JJTEP_% MU(G:)R7KG#SWW'-@C*&RLI([WMYP&.&P_D(N@10L4.,%D4@$4;T%:@RNRPZ^ MERIW[-B!X<.'8^W:M3A]^C1Z>WLQ>?)DRW"S_NYO#8\MK:S&\M7KN//@E8W: MK3P_MVL;]NWU%?7X^)$R?BT*%#N'3I$C9OWLPEW/$S7V)` MH?X"-8$4+E#CAB6KGL!#CZ])VM\3"F&FR8/)@Z_"K5BQ`BM6K'`4-B M+.3B%@5`LK/C(Q@,ZKKT7A$6J'$#A09>/V:D>@%=X0@-\TJHH1$9YB7&RT*2 M!%F+HV)P1NVE;N-TB[0X"Z@VL$GA.'`JGI,^.U[HNDI51ZKKN#P('^^]MAF9 M[ND>7!=9X?K0#EQ@L/?6\69@0_+*0CSQ.AF/Q@]9X;[N&[#J`3./Q9N\:#M! M[0X*5#1'W.=+ON,$10IG`84JB1Z$726-FT9U$3:RPGFJG(MXDIJ[B"@G7:4% M5"O@9"V.BJN435X"0]'JLL+B/&TY<9\=:7&I@**U`80MCLQ+3@L1DR,KG/'' MI(U&#&MG%IB=:QS:*C4E:2]O&E^?E]GU.``N)S-QG&M-LB16,P;,L-O6:HQ\ MQPD*68NC\HJC6H\C*QP5Y9)<)1'EI*L4%+(61ZD"KHZ'B,%)BQ,5*9P%!%ZS MNF2%JW2#[$BU"Y&7'-6.5++"4;$X+41TD^\X*V3O@&VT-N=F@*G?%0*K3Q-[ MCV_"G3Y]&E555;CUUEOQZ:>?8NC0H=BV;1MW^.1;Y*11USU\35YZ>XWSZ,6` M6-^$NWKU*I8L68+2TE(`0'%Q,>Z[[SY,G#B1+P([#>YV>UAL0M%=^B;>R]7W'\_;K3ALVX?/DRMFS9PAT^E\@Z)VXP6N?$B^OR M3;C2TM)XB=(1LNG$%+(5<*F;.;+)BP.*]3@I'`?>#OCSAJQPE6[CT?M$BYLX M,[L_SA/IO&GH3:S+T7C+D14NMLZ)=H$,>Y?LM6@@\U5BLL+%\&[0MC,H%DP` M63@1%K(61ZD>1W$(NK0X"Z@\/%K$%2Y%(Q?\_LR94^BZ2H6C])7J.\J3)YYH MY*2/[$4*)RAT725H-'EI*_^R5"EQ!7WA*!;I[.!3UP)=5ZDH4'B^;NM=@IRG M68U8UAEQK20>2X[#/O0M+LU8MU6:F91_/7EDA3.Z1.UM,2LP4&@VTVLDS_#^ M.#[QK,YUFQ;@OJW2CQX.LA9'!0I6JP==BS.Y8^I7OW:_]MO<;ML:DU8&,\F3 MT1<2DD9#9WI'JI.F2JU;\L*%1C7;//GQ.A]:I*OD@**KS$CAO+S17@Y=\#)? M9%VEVT*!MDKL%5ZX7ME6F0(HNDF`L,4E/)IZ\_:MBHWJ_2Y[P)/R9%94]?H/$!J?!4N'`ZCJJH*TZ=/]S,97Z`Z9R"&K\+5 MU-2@LK(2PX8-L]WK&QM7Z`5#_/E%E\6J)DW;QYNN.$&W'CCC9@T M:1(`@#%[SW`X'$;8HP5JW)+4NL^)T0(U1M=E!]\6J"DO+\>$"1.P??MVG#IU M"J%0")%(!(L6+>**^UO%18;'5E=OP-KU-;;SZQ2G;O,7=4^B?NMF3_,2P[=2 MI;HP<5+<+%MY>O]ZNWXN:HPZGU^YBO^O^J8-D]Z^?,B7V1;3M17 MS2->0E"-J'[E2_V_49NW;OJRD3DU4*R,2^$XH/@>).LJD]]13JO!WD*ED9FL MJ573.X6^=KK"[2^YNBEX+QMU*MTO3' MT9(53KK;60V7"Z?TQ@SVU4:5<2,'O14MX&9I6OGN$-D MJ9(#BJ5**9P%%$4#"+M*OYJL[$+UPW_2X@SPOE+A+5(X`XP*A53(:.&\B]?_XE6`)%-45"]P;OT`.W#[JZ14U6!SBPNE&I*`C0 MZ$Q*AK1P5*!8EY/""8I`PCDI(KI_*YGWPVG3T*;G7\,=X<))WS_MWL3_-8=\ M>!DE51=C%;:DM,R*4]I!&)G<`^[D8?7AX;9=C^-!]L=E+U(X02'K*JGTQVF1 M%7")*Z1P@B*%$Q0IG*#X6C@9.W8LQHT;!P!0%`7'CAWC#IOJPHE9]QK%!6I\ M%>[!!Q_$QHT;G04F4JPT;"`Q^TZ$%=1[P(\?/X[Z^GJ$0B%,FS8-<^?.]3,Y M7U"0N"9SP@&S;9_Q99V3LK(RU-;68NO6K9@V;1HBD0AFSIR)W-Q*QZ0PW6USATP2FD M[LDMV+KYY[[$[9NK/';L&,+A,.Z\\TX`P/GSYVVYRN;6BYZM?!-N)$C1Z*VMA8-#0VX=.D2QHP9P[VJ$)":=4[\1LAU M3B9.G(B77W[9K^BS'ED!%Q0IG`4$JI*Z2.$LH#@T#Y#]<99D99.7:\RND.=# M$1X1%T[[--G-@X>3[NBZ2D7]0V<$E0*#_08CP!RB[RJU:6F&YRDZ^8J=[]%# M15LY3T3FF%X,W>2+L*KV:->#UFY)W[I?9V]%] MGHA;G#X4"BT\>#'PU0BR%D=AIDXL'3>E2KWSY2BO%$"U'B>%$Q0IG*!(X02% M;.'$2PK+'@4+]R!6.58"_97D@-+WS1]%`>N]"B4G#V`,008P%@6BK._3,E$& M@$')'9#N2XF3%<(%AEE_52/-8W]L0U8XKQN94_3-V921->\X[QN=G)/Y]3BS MVJO9T&.S\%[B-'[J`V)=P=/4IQY^I0VKC8>GBTAOC6?>!2M%&A#K.SPWPXMS M]*S8RK+MI.\#M%VEQ!`IG*!(X01%"BGY_W+P(/)ROIX&Q1A#V=UWX\DMFU&[ ML08+%RQ`>WL[`.#MM]]&Y:H*5*ZJP#OOO`,`B$:C6+A@`2Y>O.C?11G!"-'9 MV=G7\06PR^T=+!R)VOI[_=COV>O'?L]U[KO_T\#6K5_/`H%`?-_5W@C;O&5+ M?/O'/U[(GGKZ:1:.1%E9V7QVN;V#_=]?VUE9V7P6CD19_?2I4O8NVVHP[W%IKZA@/5?#+!R)L@N??\&JJJO9NO7K6>.% MS]B\>67L+Y]]SC;6UK*JZFKVOZ<^2JG%*8PQWT:@O?_^^WCEE52VV;CEEEL2XMZ^ MK0Z-C8UX=M\O$_;_HGX'QH__)CHZ.A`(!/"C!0NP<,$"_/9WO[/,;^PZAPT9 M#`#H[.SDNLXD/#49%1T='6SFS)GQ[=;65M;4U&0:QJW%;:VK8RVM;2P%(E#5>^(QU]5Q)"J.VN),?_8G]^V__([Y]^*5?LYFS9B6< M?_*C/[&?WO/8IAPX9A]^[=N'+E"@H+ M"_'((X_XE1P`8.S8<5A548$)$V[$N7/G4+OIY[C^^NL!``\M6H05CSV&TA_\ M``#0U-2$`R\\#T51L*UN*^XO?P#Y^?DX>.``/OSP`P#`AQ]\B)V[GHK''XE$ M\,2:-7C^P`$`P,*%/T'MQAJ\^^X?L?BAAWR]-BVN7*71`C7SYLW#H$%?7 MYVJ&#AV*AQ]^&!,F3$!%A7$17>TJ6R]>,ETN(U4+U+C!:(&:4"B$HFN&`R#H M*O?MV\=FS)@1WSYPX`"[^^Z[3<.H7:79WX::&MMN-!U_&VIJ+*^%7.'DDT\^ MP9PY<]#8V(A`((!-FS:AL[,3]?7UAF'4%M=V\1(*"@N31F8Q`,%^B[,S(L%H M9EWL-S3;>J,7M)-1M?NT8:/]%J<]M],#B_.U5/G""R_@O??>0W%Q,1H;&[%[ M]VX,'CS8\'RU<'_E+%6*1$S44"B$H2Y+E;X*9Y=,%RZ&%\)E7,M)MB"%$Q0I MG*!(X01%"B>"`?'3W7$G)XJ;961U( MUY@]8F,%Z0MG-,#2[B(H;J>3/2%`_B6]N&9#F5WN2)U2[07EN*ANR4U!%U=3@IUA?I^F$TRU&*T@)U1 MV/[]L0\XA#I#R,W+39[@:)6>49K0.:[T%4[BNQV6#4D)U]75%?]=/'ITRM,? MT=_5DDJZNKKB)6D[B.$J)4F0JL=%HU&TM;4!``H*"OH6C\E`&&-Q[S)BQ`@$ M`O;MAY1P$GZDJQ04*9R@2.$$10HG*%(X0_9@R9(EJ*^OQ_SY\_'ZZZ^G.IM]#E7SL@JX7@I*BK" MKEV[<.'"!E95L"!K MVRKW[]^/PX XML 31 R136.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares Latin America Bond ETF
iSHARES® LATIN AMERICA BOND ETF
Ticker: LTAM              Stock Exchange: NASDAQ
Investment Objective
The iShares Latin America Bond ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. dollar-denominated, corporate, sovereign and quasi-sovereign Latin American bonds.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares Latin America Bond ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Latin America Bond ETF | iShares Latin America Bond ETF | 0.49% none none 0.49%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares Latin America Bond ETF}
1 Year
3 Years
iShares Latin America Bond ETF | iShares Latin America Bond ETF | USD ($) 50 157
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance.
Principal Investment Strategies
The Fund seeks to track the investment results of the Barclays Latin America Bond Index (the “Underlying Index”), which is designed to measure the performance of U.S. dollar-denominated bond markets of corporate, sovereign and quasi-sovereign issuers domiciled in Latin America. Securities included in the Underlying Index must be issued by entities domiciled in Latin America that satisfy certain eligibility requirements, and meet separate security-specific requirements. Each security issued by an eligible issuer included in the Underlying Index must have a minimum maturity of one year and a minimum par amount outstanding, depending on the credit rating and country of domicile. As of September 30, 2014, the Underlying Index consisted of both investment-grade and non-investment-grade bonds. Non-investment-grade bonds are also known as “junk bonds.”

As of September 30, 2014, the Underlying Index consisted of issuers from the following countries: Argentina, Belize, Brazil, Chile, Colombia, the Dominican Republic, Ecuador, El Salvador, Guatemala, Jamaica, Mexico, Panama, Peru, Trinidad, Uruguay and Venezuela. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include sovereign and quasi-sovereign entities and industrials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

A security is considered investment-grade if it is rated Baa3 or higher by Moody’s Investors Service, Inc. (“Moody’s”) or BBB- or higher by Standard & Poor’s Ratings Services and Fitch Ratings, Inc. (“Fitch”), using the middle rating of Moody’s, Standard & Poor's Ratings Services and Fitch. When ratings from only two of these agencies are available, the lower rating is used. When a rating from only one of these agencies is available, that rating is used to determine index eligibility.

The Underlying Index includes both emerging market and non-emerging market countries in Latin America. A country is considered an emerging market if it has a foreign currency sovereign rating of Baa1 or lower as determined by Moody’s or BBB+ or lower as determined by Standard & Poor's Ratings Services or Fitch, using the middle rating of Moody’s, Standard & Poor's Ratings Services or Fitch. When ratings from only two of these agencies are available, the lower rating is used. When a rating from only one of these agencies is available, that rating is used to determine index eligibility. A country is considered a non-emerging market country if it has a foreign currency sovereign rating of A3 or higher as determined by Moody’s or A- or higher as determined by Standard & Poor's Ratings Services or Fitch.

Securities rated investment-grade and domiciled in either an emerging market or a non-emerging market country must have a minimum of $300 million par amount outstanding. Securities rated non-investment-grade and domiciled in a non-emerging market country must have a minimum of $150 million par amount outstanding. Securities rated non-investment-grade and domiciled in an emerging market country must have a minimum of $500 million par amount outstanding; however, corporate issuers must have at least $1 billion of aggregate par amount outstanding.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by Barclays Capital Inc. or its affiliates (the “Index Provider” or “Barclays”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund may “call” or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s investments.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” including those bonds rated lower than “BBB-” by Standard & Poor's Ratings Services and Fitch, or “Baa3” by Moody's), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity.

Income Risk. The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.

Interest Rate Risk. An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Liquidity Risk. Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to Latin American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk, Latin American Economic Risk and U.S. Economic Risk.

Risk of Investing in Brazil. Investment in Brazilian issuers involves risks that are specific to Brazil, including legal, regulatory, political and economic risks. The Brazilian economy has historically been exposed to high rates of inflation and a high level of debt, each of which may reduce and/or prevent economic growth.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in Mexico. Investments in Mexican issuers involve risks that are specific to Mexico, including legal, regulatory, political, currency, security and economic risks. In the past, Mexico has experienced high interest rates, economic volatility and high unemployment rates.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Sovereign and Quasi-Sovereign Obligations Risk. The Fund will invest in securities issued by or guaranteed by non-U.S. sovereign governments and by entities affiliated with or backed by non-U.S. sovereign governments, which may be unable or unwilling to repay principal or interest when due. In times of economic uncertainty, the prices of these securities may be more volatile than those of corporate debt obligations or of other government debt obligations.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund’s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
As of the date of the Fund's prospectus (the “Prospectus”), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
XML 32 R43.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares MSCI BRIC ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI BRIC ETF
Ticker: BKF                    Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI BRIC ETF (the “Fund”) seeks to track the investment results of an index composed of Chinese equities that are available to international investors, and Brazilian, Russian, and Indian equities.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 10% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 10.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI BRIC Index (the “Underlying Index”), which is a free float-adjusted market capitalization index that is designed to measure the combined equity market performance in Brazil, Russia, India and China (“BRIC”). The Underlying Index consists of stocks traded primarily on the BM&FBOVESPA (the Brazilian exchange), Russian Trading System Stock Exchange, Moscow Interbank Currency Exchange, National Stock Exchange of India, Shanghai Stock Exchange, Shenzhen Stock Exchange and the Stock Exchange of Hong Kong. The Underlying Index may include large-, mid- or small- capitalization companies, and components primarily include energy, financials and information technology companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.

The Fund invests all of its assets that are invested in India in a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term “Fund,” as used in this prospectus (the “Prospectus”), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Information Technology Sector Risk. Information technology companies face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-U.S. Securities Market Risk. Non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of the Fund’s holdings difficult or impossible at times.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk and Central and South American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Brazil. Investment in Brazilian issuers involves risks that are specific to Brazil, including legal, regulatory, political and economic risks. The Brazilian economy has historically been exposed to high rates of inflation and a high level of debt, each of which may reduce and/or prevent economic growth.

Risk of Investing in China. Investments in Chinese issuers subject the Fund to risks specific to China. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the past 25 years, the Chinese government has undertaken reform of economic and market practices and is expanding the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of tariffs or other trade barriers, or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 41.58% in the 2nd quarter of 2009; the worst was -33.01% in the 3rd quarter of 2008.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2013)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI BRIC ETF | iShares MSCI BRIC ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.68%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Foreign Taxes rr_Component1OtherExpensesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.68%
1 Year rr_ExpenseExampleYear01 $ 69
3 Years rr_ExpenseExampleYear03 218
5 Years rr_ExpenseExampleYear05 379
10 Years rr_ExpenseExampleYear10 $ 847
2008 rr_AnnualReturn2008 (58.11%)
2009 rr_AnnualReturn2009 89.85%
2010 rr_AnnualReturn2010 9.03%
2011 rr_AnnualReturn2011 (24.19%)
2012 rr_AnnualReturn2012 13.51%
2013 [1] rr_AnnualReturn2013 (4.26%)
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2014
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 0.71%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 41.58%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (33.01%)
One Year rr_AverageAnnualReturnYear01 (4.26%)
Five Years rr_AverageAnnualReturnYear05 11.27%
Since Fund Inception rr_AverageAnnualReturnSinceInception (4.66%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 12, 2007
iShares MSCI BRIC ETF | Return After Taxes on Distributions | iShares MSCI BRIC ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (4.71%)
Five Years [2] rr_AverageAnnualReturnYear05 10.93%
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception (4.95%)
iShares MSCI BRIC ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI BRIC ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (1.87%)
Five Years [2] rr_AverageAnnualReturnYear05 9.17%
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception (3.34%)
iShares MSCI BRIC ETF | MSCI BRIC Index (Index returns do not reflect deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (3.53%)
Five Years rr_AverageAnnualReturnYear05 12.52%
Since Fund Inception rr_AverageAnnualReturnSinceInception (4.26%)
[1] The Fund's year-to-date return as of September 30, 2014 was 0.71%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 33 R44.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares MSCI Colombia Capped ETF
iSHARES® MSCI COLOMBIA CAPPED ETF
Ticker: ICOL                    Stock Exchange: NYSE Arca
Investment Objective
The iShares MSCI Colombia Capped ETF (the “Fund”) seeks to track the investment results of a broad-based index composed of Colombian equities.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares MSCI Colombia Capped ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI Colombia Capped ETF | iShares MSCI Colombia Capped ETF | 0.61% none none 0.61%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares MSCI Colombia Capped ETF}
1 Year
3 Years
5 Years
10 Years
iShares MSCI Colombia Capped ETF | iShares MSCI Colombia Capped ETF | USD ($) 62 195 340 762
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 34% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI All Colombia Capped Index (the “Underlying Index”), which is designed to measure the broad-based equity market in Colombia. The Underlying Index consists of equity securities of companies that are listed in Colombia and have the majority of their operations based in Colombia, as well as companies that are headquartered in Colombia and have the majority of their operations based in Colombia (but may not be listed in Colombia). The Underlying Index is a free float-adjusted market capitalization-weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight, and all issuers with a weight above 5% do not, in the aggregate, exceed 50% of the Underlying Index weight. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include energy, financials and utilities companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in Colombia, which is susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on the Colombian economy.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Market Risk. Non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of the Fund’s holdings difficult or impossible at times.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of Colombian securities or Colombian markets. The Fund is specifically exposed to Central and South American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in a country whose economy is heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Colombia. Investments in Colombian issuers and companies that have significant operations in Colombia involve risks that are specific to Colombia, including legal, regulatory, political and economic risks. The Colombian economy has grown steadily during the past several years, and there can be no assurance that economic growth will continue. The Colombian economy depends heavily on oil, coal and other commodity exports, making it vulnerable to commodity prices.

Risk of Investing in Emerging Markets. Investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. The geographic area in which the Fund invests has experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in Colombian markets and may adversely affect their economies and the Fund's investments.

Structural Risk. Colombia may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Utilities Sector Risk. The utilities sector is subject to significant government regulation and oversight. Companies in the utilities sector may be adversely affected due to increases in fuel and operating costs, rising costs of financing capital construction and the cost of complying with regulations, among other factors.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
As of the date of the Fund's prospectus (the “Prospectus”), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
XML 34 R31.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares Global High Yield Corporate Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® GLOBAL HIGH YIELD CORPORATE BOND ETF
Ticker: GHYG                    Stock Exchange: BATS
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Global High Yield Corporate Bond ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. dollar, euro, British pound sterling and Canadian dollar-denominated, high yield corporate bonds.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.40% of average daily net assets until February 29, 2016. The contractual waiver may be terminated prior to February 29, 2016 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination February 29, 2016
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 21% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 21.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the Markit iBoxx Global Developed Markets High Yield Index (the “Underlying Index”), which is a rules-based index consisting of high yield corporate bonds denominated in U.S. dollars, euros, British pounds sterling and Canadian dollars. The Underlying Index is designed to provide a broad representation of the global high yield corporate bond market. High yield bonds are also known as “junk bonds.” The Underlying Index may include corporate bonds that are issued by companies domiciled in countries classified as developed markets by the index provider. The Underlying Index is a market value weighted index with a cap on each issuer of 3%. There is no limit to the number of issues in the Underlying Index. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include consumer goods, consumer services, financials and industrials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

The Fund will invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the “1933 Act”).

It is expected that the Underlying Index, under normal market conditions, will include a significant percentage of issuers (generally, at least 40%) organized or located outside the United States or doing business outside the United States.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by Markit Indices Limited (the “Index Provider” or “Markit”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund may “call” or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Goods Industry Risk. The consumer goods industry may be affected by changes in social trends and consumer demands. Many consumer goods are sold internationally and companies that sell such products may be affected by market conditions in other countries and regions.

Consumer Services Industry Risk. The consumer services industry may be affected by, among other things, changes in the domestic and international economies, exchange rates, competition, consumers' disposable income and consumer preferences.

Credit Risk. Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar. Generally, an increase in the value of the U.S. dollar against a foreign currency will reduce the value of a security denominated in that foreign currency, thereby decreasing the Fund's overall NAV.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s investments.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements, recent or future regulation on any individual financial company, or regulation on the financials sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” including those bonds rated lower than “BBB-” by Standard & Poor's Ratings Services and Fitch, Inc. (“Fitch”) or “Baa3” by Moody's Investors Service, Inc. (“Moody's”)), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity.

Income Risk. The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.

Interest Rate Risk. An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Liquidity Risk. Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to European Economic Risk and North American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privately-Issued Securities Risk. Privately-issued securities are securities that have not been registered under the 1933 Act and as a result are subject to legal restrictions on resale. Privately-issued securities are not traded on established markets and may be illiquid, difficult to value and subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Australasian Economic Risk, European Economic Risk and North American Economic Risk.

Risk of Investing in the United States. The Fund has significant exposure to U.S. issuers. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund’s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund’s valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”). If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 3.89% in the 4th quarter of 2013; the worst was -4.11% in the 3rd quarter of 2014.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2014)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Global High Yield Corporate Bond ETF | iShares Global High Yield Corporate Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.55%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.55%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.15%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.40%
1 Year rr_ExpenseExampleYear01 $ 41
3 Years rr_ExpenseExampleYear03 161
5 Years rr_ExpenseExampleYear05 292
10 Years rr_ExpenseExampleYear10 $ 675
2013 rr_AnnualReturn2013 7.78%
2014 rr_AnnualReturn2014 (0.67%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Dec. 31, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 3.89%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2014
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (4.11%)
One Year rr_AverageAnnualReturnYear01 (0.67%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 6.00%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 03, 2012
iShares Global High Yield Corporate Bond ETF | Return After Taxes on Distributions | iShares Global High Yield Corporate Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [1] rr_AverageAnnualReturnYear01 (2.96%)
Since Fund Inception [1] rr_AverageAnnualReturnSinceInception 3.57%
iShares Global High Yield Corporate Bond ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Global High Yield Corporate Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [1] rr_AverageAnnualReturnYear01 (0.34%)
Since Fund Inception [1] rr_AverageAnnualReturnSinceInception 3.56%
iShares Global High Yield Corporate Bond ETF | Markit iBoxx Global Developed Markets High Yield Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (0.68%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 6.11%
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 35 R8.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares Emerging Markets High Yield Bond ETF
iSHARES® EMERGING MARKETS HIGH YIELD BOND ETF
Ticker: EMHY                    Stock Exchange: BATS
Investment Objective
The iShares Emerging Markets High Yield Bond ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. dollar-denominated, emerging market high yield sovereign and corporate bonds.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares Emerging Markets High Yield Bond ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Emerging Markets High Yield Bond ETF | iShares Emerging Markets High Yield Bond ETF | [1] 0.50% none none 0.50%
[1] The expense information in the table has been restated as of March 2, 2015 to reflect current fees.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares Emerging Markets High Yield Bond ETF}
1 Year
3 Years
5 Years
10 Years
iShares Emerging Markets High Yield Bond ETF | iShares Emerging Markets High Yield Bond ETF | USD ($) 51 160 280 628
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 24% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the Morningstar® Emerging Markets High Yield Bond IndexSM (the “Underlying Index”), which tracks the performance of the below-investment-grade U.S. dollar-denominated emerging market sovereign and corporate high yield bond market. High yield bonds are also known as “junk bonds.” All bonds included in the Underlying Index are selected according to a set of rules-based inclusion criteria regarding issue size, bond type, maturity, and liquidity. The securities included in the Underlying Index are rebalanced on the first business day of each month. Eligible countries included in the Underlying Index are rebalanced annually at the end of September.

The Underlying Index includes bonds issued by corporations, sovereignties and quasi-sovereign corporations (more than 50% government ownership) based in Latin American, Eastern European, Middle Eastern/African, and Asian (excluding Japan) countries that meet certain criteria to be classified as emerging market countries by Morningstar, Inc.’s (”Morningstar”) proprietary index methodology. Eligible individual securities must have a minimum outstanding face value of $500 million or more, and eligible issuers must have aggregate outstanding debt of $1 billion or more to be included in the Underlying Index. All securities included in the Underlying Index must be U.S. dollar-denominated fixed rate bonds with a remaining maturity of 13 months or more at the time of rebalancing and a minimum of 36 months to maturity or greater at time of issuance. Corporate bonds must have a credit rating of BB+ or lower from either Moody’s Investors Service, Inc. (“Moody’s”), Standard & Poor's Ratings Services or Fitch Ratings, Inc. (“Fitch”) to be included in the Underlying Index. Sovereign bonds must have a credit rating of BB+ or lower from either Moody's or Standard & Poor's Ratings Services to be included in the Underlying Index. The Underlying Index employs a weight capping algorithm to limit exposure to single issuers. Single issuers are capped at 15% of the Underlying Index portfolio, and the sum of all issuers over 5% is capped at 48%. Issuers under 5% are capped at 4.7% of the Underlying Index portfolio. In instances where an issuer exceeds the capping threshold, the weight is modified and allocated on a pro rata basis to the remaining constituents.

As of September 30, 2014, the Underlying Index included issuers located in Argentina, Belarus, Brazil, China, the Dominican Republic, Ecuador, Egypt, El Salvador, Guatemala, Hong Kong, Hungary, India, Jamaica, Kazakhstan, Latvia, Lebanon, Mexico, Pakistan, the Philippines, Romania, Russia, Serbia, South Korea, Sri Lanka, Turkey, the Ukraine, the United Arab Emirates, Venezuela and Vietnam. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include financials, industrials and transportation companies and sovereign obligations. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index.

The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by Morningstar (the “Index Provider”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund may “call” or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s investments.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements, recent or future regulation on any individual financial company, or regulation on the financials sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” including those bonds rated lower than “BBB-” by Standard & Poor's Ratings Services and Fitch, or “Baa3” by Moody's), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity.

Income Risk. The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.

Interest Rate Risk. An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Liquidity Risk. Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk and Eastern European Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privately-Issued Securities Risk. The Fund will invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the “1933 Act”). Privately-issued securities are securities that have not been registered under the 1933 Act and as a result are subject to legal restrictions on resale. Privately-issued securities are not traded on established markets and may be illiquid, difficult to value and subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Sovereign and Quasi-Sovereign Obligations Risk. The Fund invests in securities issued by or guaranteed by non-U.S. sovereign governments and by entities affiliated with or backed by non-U.S. sovereign governments, which may be unable or unwilling to repay principal or interest when due. In times of economic uncertainty, the prices of these securities may be more volatile than those of corporate debt obligations or of other government debt obligations.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund’s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Transportation Industry Group Risk. Issuers in the transportation industry group may be adversely affected by economic changes, fuel prices, labor relations, and insurance costs. Transportation companies in certain countries may also be subject to significant government regulation and oversight, which may adversely affect their businesses. Other risk factors that may affect transportation companies include the risk of increases in fuel and other operating costs and the effects of regulatory changes or other government decisions.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”).
Year by Year Returns (Years Ended December 31)
Bar Chart
The best calendar quarter return during the periods shown above was 6.42% in the 2nd quarter of 2014; the worst was -5.58% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2014)
Average Annual Total Returns {- iShares Emerging Markets High Yield Bond ETF} - iShares Emerging Markets High Yield Bond ETF
One Year
Since Fund Inception
Inception Date
iShares Emerging Markets High Yield Bond ETF 2.06% 3.66% Apr. 03, 2012
iShares Emerging Markets High Yield Bond ETF | Return After Taxes on Distributions [1] (0.54%) 1.27%  
iShares Emerging Markets High Yield Bond ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] 1.22% 1.81%  
Morningstar ® Emerging Markets High Yield Bond Index℠ (Index returns do not reflect deductions for fees, expenses, or taxes) 2.63% 4.24%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 36 BarChart2.png IDEA: XBRL DOCUMENT begin 644 BarChart2.png MB5!.1PT*&@H````-24A$4@```*@```%;"`8```!!.L6W````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``(`!)1$%4>)SMG7N4%-6=Q[_5 MCQGFP4!&8`QQ-RBR68D0<53$[(H$K9F,D.5EUHX9$U(P:2)3XB*@XB(P@T#U`/ZKVCYEIJJOOK;KU MN-VWJG\?SARZZ[Y^]]:W[[MN:89A&"`(18E5V@""L(,$2B@-"910&A(HH30D M4$)I2*"$TI!`":4A@1)*0P(EE(8$2B@-"910&A(HH32)2AM@1M=U='5U`0#J MZ^NA:5J%+2+\8!@&NKN[`0"#!@U"+.:^/E1*H%U=76AI::FT&80$]N[=BR%# MAK@.1TT\H31*U:#U]?6%SP^_\";ZU=<#!@!>2]_GQO)CO6;^;@X'CK_>_W.9 M+*YJ'89'7MZ%1"+)3\\']9GV/AEI6D`N5P65YW9:W,R6>K7FE\4 MA[=-T\YVR_>CW=VX>NP(`,7WU@U*"=3!Q/A*N) M9]T\:X$8IC]S&*L?7IQV:5O]LJYI-GZMGUEV6^.RAN'ECY4/N[A%8/UX>.E+ M0EV!:BBM_5@_0HWASKK&JUU986`)QXJ35Y.R[+)>-XO8_"-CV6.-#QQ_3ET6 MNPJ,UV7AU(8E9<"*)Z`)&*6:>"9V-PHH+5RG&\;ZS@K+\FL5$R].GMB=_-O9 M9R70J;!&1VH7GQ?7A[G>Q;OF_8OC(T4@=^@3=J<.X:>$R MQ./QHKB>W?)3_/&EWV%`\PG(YW*8>MN=A3A^_?@C^*CS?62S&?SA^>>P^('- MJ&]LPOUWW8[!0T]"UX>=F'[G4@!`QV_^#W_^0P>NN64VUR[6=]%[X)70U*#5 M1NK@)_C[2R['/W[GN[AN]B+L>6\7?OWX?Q?YZ?JP$^OON0LW+VK'-V^]'1_L M^@M^^ZN?`P!VOOI[;']A*Z9,;\,W9\S%K=];B9K:.OSE]1V()Y*XZOH9B,7B M>/OU'4@?/HC''WH05]\\LQ)9M479&K3:.?7S7\"IG_]"X;MAZ*AO[%_DI^,W M3V/$Z6<4]EJ..N<\//_4+_#%?[@4__OH9M0W]L=C:_\=AP]^@I%CSL%?G3(" M#4T#1S9S##?,NPOY7`XW7WH^!IXP&"-&G8'3 MSSH7F__]!Q@]]N_P[AL[T3RD!:F#GV###_\-C4T#\+5IMY0U?W:H]Y,ABMCY MAP[\XN'UF+=J;8G;P$&#T9TZ7/C>G3J,3PWN>3"MH6D`_O:,LP$`\40"(T:= M@>TO;@4`_,/D;^&:?YZ%<1=>C)]O6H.OWS03&U?=C:EM=^!(.H7M+VPM0\[$ M(($J3,?67^/7/_L);KO[/L1B,?SFES]#/I_'1YV[`0!G_?U$O/6G/T#7=0#` M'U]Z'N==>`D`X,R_NP![WGNG$-=''[R/DTX9413_@TL7X)]F+4`\D2AL+&GZ MU`E('3I8CNP)H>QFD9]5^6:1-W>\BEG73,+G1I\)PS!@&#I&G'X&QG[I(JR_ MYRZL?.1)`,!SO_@?;']A*_H/&`AH&J:VW0$`R.?S^,]E"]&O7QVRV2QJ:FMQ M[;_,+\2_[>E?XJW7MN.;,^8"`'ZZ[D?(9([AP_??Q4T+[D9-;:WO/!SM3N-R MGYM%2*"$-((0*#7QA-*00`FE(8$22D,")91&^D3]KEV[,&_>/(P9,P8'#AS` MH4.'L'KU:L3C<=E)$Q%`ND`/'#B`R9,GX\HKKP0`7'SQQ=B\>3.^]:UO.8:E MAQT)Z0(=,V8,QHP94_BNZSJ:FIID)QLY]A\\B-^__B=H,0V()8!X`EHB"2U9 M`RV9A):H`>*]UV,Q9'0=26B`D0=R.1BY#(QL[U\N`^1R@)Z#H1LXZ[3/HWG` M@$IGD4E9U^*??_YY-#0TX/+++R]GLI$@E\_AP.%#/2L^!7'60JO)0\OKT)*` ME@2@H[`JU&T80#X'(YN%D3T&(W,41N98S^=LIL=-UY'+YRJ;.1O*)M`77WP1 M/_[QC_'PPP\+^<]ELX53VJQHL1CU844HTQ),/I^'T;O<:H9W_]Q0%H$^^>23 M>.*))[!FS1KHNHY''GD$5UUUE6V8KYTYC.OVS5OGXMKOS@O82L(KF^YKQT.K METF)6[I`.SHZ\-6O?A7GG',.)DZ<"%W7T=K:ZBC01U_>A3K.4F<43LR00H56 MK;]QRQQ<<_.LDNM'NM.V%8T(T@7:VMJ*5"KE.ERB)HE$CLA9/Q`&4=KD2.<'[9T,T-BR7>SXJZ)/E:U!K:U.N5OQ4&*M05UT2664;1!QAJ8&)7$*$,$:-#0")3R@S%9T M[Y!`":4A@489:N()0BXDT"@3@3ZHLM-,@/L6RLV"3)#35G[BXKW%T4HY%I+L MWN?%L\'.[LB?;A=T&)%3V;P0Q")2(/;X7$GR(C39W5QJX@FE4;8&+<7-;@JG MUQR+(/("2]%X>>^SMGX.N#YR'1VO#'D1\6G#^JFW$3#!-`@4!\T2D1P M+5[9&M3G'MK(X:DL!)MX665=5;N9"`]$X!=.`HT2/O:#J@H)-$I$L`]*`HTR M$:A!:9`4$H3*PMK$"Q8@#9((PB,DT"BASNL&`H,$&B4B.(I7M@\:R'/'O!-` M1*ZQKOO9>R*27M!X7:*M5/H,E!5H2<==YKJVZ$;(H&Z@+'%ZW2P"WUM)V7$& M$`RH)6D@BEH/-!":7Q,K4AMXO6+\C4HX0(:)!%*0X]\E!\W9>SV M_(:@T_<35R!SD;3=KGR8;UBUB-3.7<@&SWU0FJ@GR@'U00FEB>`C'^HV\=KQ M"D&%EWCYM<%W'D0">ZU!-?N@7FT/HD(/10U::7$"_FU0(0]>J:3MH1`H(4@$ MFW@2:)0)<[7=B[I]4$2B?`-#9EG0-!-1&2+0XI-`HX3'LYE41MDFOD!?(8O, M=?`.5A!]@Y?3_D^[EXFXV1-JM9'[X@33_T)[,WU6F:R\V)4I&&[F\`'\0)05 MJ'D>M.>"2""!ZTX+XEZ^>UV+%;FF\;V4AO&V%E]4UB)[8`6O4Q^4*":"NYF4 MK4%[4+F$@UC?"GB-S-=N)B]VR'_#J+("/;['6U6"L$X\#G^[F>R5ZGV:R3X4 M-?&$(&K_U.V07H,^^^RSV+1I$TX^^63LV;,']]QS#Y+)I.QDJQ/:;N>.[NYN M7'OMM5BQ8@7FS9N'^OIZW'???<+A"Z-+QE_1ZR5YGXLB8_O5K-=9WZUNL(2W M"6.UOT1#%C\ELQ=FVV5CS8_926-\9I0++[Q7I-:@V[9MPXDGGHC&QD8`P/GG MGX_V]G:TM;4YACUZ)!W%"L$S1X]T(WOL*+18#(@GH.7ST/(Z-+WW+Z]#R^5Z MW&(]]8YA&$`^!R.7A9'-P,@Z<;1(VD)-ON/4ZI` M]^[=BZ:FIL+W_OW[8^_>O4)A)YTQ7)99A(7_JK0!-DAMXD\\\40<.G2H\/W0 MH4-H:6F1F201,:36H&/'CL6>/7MP^/!A]._?'\\]]QRNN.(*H;"/O[03=?4- M3#A',]`S61B9+/1L#M!U?'3I[3CZF;_U;%L8 MR>?S,'2]Y/J1[C0N.]M?64@5:'U]/39NW(BVMC9\]K.?Q9$C1W#++;<(A>T_ M8"!7H'[I5U>'AII$L4!K$CT"[?W3:I+0$O%2@<8UZ`!T0X=N&-!AP(`!70.@ MZZBKJX,FR>ZPD0A@MD;Z--/X\>,Q?OQXV,A;0)'9`LNT.VQ4T681IW5,EG_K+N5RRX:U M=FKGE_79&I==.DYI>$5TQS)K/3C"V^WL,RN:\0HN:C._^Q&I:/A*BM3INGN4 M%:BK.J_/(VO$PW"3WL1K-K:PGN4Q+.Z\\-8X6/')&O6)V,8(XA=E!>JI5?9; M0;F(SC&0F\J%99O7O,C^];E)@Z:9Y$)34)5'W1H4Q:V*"*)^958`O(I?Y%7S MHD]'B[B7&U;^(MW$>^GR!WW#@A2!VQ^.DW^5Q`G(LX>:>$)IE*U!`?ZOTJXI M=#HXI!RXZ9I8\P*P\^/V)7=>T[NWVTL^U M&^`[#?[=N(FF;_==:(::1O%$U%&V!C7#:MJLUYV:2K.?RB[HZ20> M(6CBPS;AX@55\^!WDL]_OI2M00%`LZT_``,&``,:-!B]_[N+5PYL>X(]:,L< MOS4M-V5A'W^/7>+Q:S;?O*&L0,WO++?UP_CL+AUO;OPP6N\H7D:/S)(.XS/K MNXKQBQ*")EXN=G.CM!9?>12N0>7US,HP#4H@F'*H^AK4#A):Y2&!VD!-?.51 MMHD'PEN#A=5N%5%7H-0)#3^T%D]$'65K4*I`PP^-XHG(H[Q`17Z%?J&FPWAAK=6/ML&3EP>GY3S?N;JX[O4TW^&=-E15HSV##2YW#$[;&O!HT?+O= M;$MQRH/3C]>-NYOK/#O9[D%L*E&^#TI4-R100FD4;^+#25CM#II(;UBFF?H( M0$N=1-11M@:E"C3\T%(G$7E"4X.6^Z0Y/W%78PW*NC]558-6XTT/$[+NC[(U M:*BKHK#:'3117HL_KL^^-5[K9]9WWK7BZW*;>+L%/K=YL4^I![=/3KE-QWN< MT9X'+:I"[=:6O:PURZ[B1-?=@^BUN=GTX2<=K[;X(S1]4,(-E>ACN-T@(X:R M-2AU0<-/M)MXFJD//[34Z1_2DMHH6X.6JP*U&TYX';*0Z'NHJHGZ2D!'WU0> M$BBA-%7?Q,N(FYKX'F@4[R=N69!"CU,=2YURX@[2GS4,Z;,'Y6O07_WJ5]B\ M>3-&CQZ-G3MWXJRSSL)WOO,=F4D&BFIO%*Y&I`IT]^[=6+)D"88-&X9L-HO! M@P=CTJ1)..FDDP1"!U$754IBHNOC;EZZ[71X@I=XG5XK)G)H!!A^@D.J0*=- MFU;X;!@&XO$X:FMKA<(&TU0ZQR!C2P4[G)>U:M;&$C^;99SB-R3O5:">&.P)[SNM@O:GUL8\>;S>>BZ7N*5=__,T\YD>MVZ]P[\-W;%PC'58(JHWBON^UDCO(\Q'O?#[Z/UWM:&YNQMRY<_'::Z\AE\MA].C1CN%>>>=#U#9MY=<[TZG,>9D?D4C@E2!WGOOO5B^?#E./_UT;-JT"?OW[\===]TE M)-!D,HED,BG3/"(@XO$XL\L5Q/V3*M`9,V9@QHP9GL*J,`_J->YJJT%YT&81 M(O(HNY(4ZJHHK'8'#2UU>H];%F'^704--?%$Y"&!VD`U8>6IRB9>%*\K296V M6Q64W\WDCZ`E6LZW?)!$>U!@+5X:&@)^GU%/9`:"CM>2BH`^G5X2P[HN8U^` M[+U>092SLGW0QF[5`5905:+NPV_-!3G95'V28^S/.@ M1`\T#TI$'K4%ZF:S>#DZ;6[QLME=-I5.WR7J-O%:;UE*$*EY=!GT_2H9Q5>Q M2",]BB\7-!!2FZH7**$VZC;QJ'Q+Z)6PVATT-(HG(D^T!*IBU>5UMTD0>0EZ M@.;F,?J`4+>)US1HW&&@S2JRUN<.AI_>*) MR*-L#6K]"?9UQ46^]P7C?9<.8XS$>J,H&-=Y_GEAO.2-9X]=>=H=M,A-.X`J M5%V!PKD)\_M=!FZ'9UZ&4G;#=3$$TH32H$&U?&7B9OT*VVK MRBC;Q#N-`OV(5'9?U,NL011%2J-X(O(H6X,*5T-NWB'@],Z`(&!5_:SAL-D. M+^>0.ZU^.I6+U2:1-,S7P7$3<7>!L@+5`+$E,`T"K1Y+J*PGT$##*-T_P5K3T19FGAS@D[OA;=Y7L6I=[*=R=9+@ MMG3?\8O$X\8O+ZPM:G#Z%C,(*#.?+VDZ[HE!7+GW7>C?69 M%9_5G3=_YV"V7Y05:$EEY]1JVI6&J+^@$&GAO<;IU(J*^+,K#Z_QLZ!I)B+J MD$`)I5&VB?-6Q8R[0X;092#]!ITSYX]&#IT*#9LV"`[*2*"2!5H-IO% MO'GS,';L6)G)$!%&JD`7+ER(F3-G8N#`@8&\\<$.]S.@T4/&Y$&E\=4'G31I M$CH[.TNN7W;99?C1R6>8\72P60SP1[[EF M3S>5QWW75"/.@:.?.G;C@@@LP=>I4X?#O[>U"0T,#TRT6H]DQE9@[_T[,OGU^ MR?5T.HV_;N%7-")(GV:Z__[[L7W[=J12*;2TM."BBRX2"E>33*(FF73TYV5[ M0Z6GF41.6^2=8,A;L2P7K#3C\3@2\7B)>U;@_CDA7:#3IT_'].G3I<4?QD&` M2"LJTE.I1-[]K#A[@=I*0FE(H(32*"Q0T9E+S?('L!L=GKL,1!MQD2U;K'#F M\%8_7J&'5I*(R$,")92&!$HH#0F4 M4!H2J`TTV*D\53F*ETU8[0Z:ZEOJ]/)F%>MG%WA>`30'8D7B]9IHOGDVB+SY MQAJ6Y\\N_@#7CT/4Q/<^"0D-/J*:SJNB3@M+6' M5X.)_,CLPMNEX<8>IS1%?QRB<=L3@AK4?38U!/.>2%5P^S.,$LK6H*(-MU,< M;JX'@:P>;AA%&H1=H:A!B>J%!$HH#0F44!H2**$T)%!":4B@"J#J*%P%E)UF M`KS=.)%E8+_35R)Q6^-ULBO,(N7E+=+33%XSYS:5-6H(%3 M;H6(++L[A0O"'\NOK-4$`))QQ)))Q&H3T&J2 M/7^)!)"(`S$-R!P!$OV`O`XMEX.6R2%V+`-DLD`F!^1RT'(Y0#>@U=95.GN1 M0C/$)IE&WB M9BSSSR#LUK/Q(43 MOX0+)WX),V]KL_7_7QLVH"81+WS?M6L7_N;4X87P%XP_'V>?U0H`^.UO?XN9 MM[5AYFUM^-WO?@<`T'4=4R9/QLT>\K MK[R"O_SE;6BFVU..^QQ[!Z]2I<_?6OXX033I"3H2JA:FI0`'CHH8WXX8I[L&CA`KSVVFM, M/_OW[\>]JU=CP<)%,*\"-SNK))_'""]MPQYT+``"=G9VX_T?_@5@LANMON!'?G3$# MJ^^[#^O6KD$FD\'57[\&(T>.#"PO82&=3F.@S[5X:0)-I5*XY))+\-QSSP$` MNKJZD,UF\>E/?YH;)FB!KEVS!H\]^B@`X-&?_A2UM;4%MR^>-PX+%BS$11=? M7+C6T=&!_WSPQSCEE%,``'?,GX_O+UV*\1=,P-EGGUWP-_EK7\,##SZ(YN;F MDC1_L+P=IYPR'(/R))WSE)8P$(5!I?=`M6[9@X,"! M6+ER)8X=.X:&A@;O4JG#K\5-35U2&3R4C,9;3Q)=!)DR:AL[.SY/IEEUV&QL9& M;-VZ%1LW;L2``0-PPPTW8-6J56AKLQ\]]Y'-9I'+9IF'^<9C,<3C<=O=\-:G M%X8-.QFWM;5AY,C3\.8;;V#)DG_%WXP8`0"X_KKK,./66_&5KWP%`/!!9R?6 MKUL+3=-P]]+O8^K4;^/30X<"`%:O6HD[[KBS)-U8SUEP8,5/\^/^6D-WFF@O"="\OD\\KI> MXC^7S=I8)X@AB0<>>,`8-VYN-2R^]U#9,*I7J>RK']F_!PH5&+J_3 MGR)_"Q8N=+QGJ53*DXZD]4'?>NLM3)PX$>^\\PYBL1B6+%F"5"J%Y>0((%&BR`$6E43]43X(($2 M2D,")92&!.I`/I_'DB6+D<^7+GFJ2AAMYD&#)`>RV2SJ^M7BR-%C2":3E39' M"%5LID%2'Y5\/MGM>[#*F6X$")]`@SJ=UNN!8VX.QS*?(&?G;I=.T*?>ANS` M@?`)E'6S#8'/;N,1"6?`.0VO[DX+Z5XZ9GT_%C<+^F[\2"`<`K76)AKGFOE_ MI[A$T[6KX32P;1&-6\0FLZ"L89Q$S+O&.I?4"=YYIZSX`CS$5JE'/LSCM70Z M7>SHU%3R#FZU*WS6H:Z6,-G>'3GI[C22B23?#B_76;"V+C'LLJ-@;=NV8?SX\;CIIIN* M_*Q>O1HWWG@CEB]?CBNNN`)//_UTN? M__QG3)@P`7OW[BUR.W;L&.Z]]U[4UM9BU*A1F#-G#CHZ.BID:0]V]@(])_6] M_?;;H9U3#N?/2@)3IDP!`,3C<4R=.I5Y0V?/GETXW^G--]_$J%&CRFJC&1%[ M]^_?CU6K5F'1HD6>U\(K#=6@O4R?/EW(W[Y]^[!TZ5)T='1@PX8-DJWBXV2O MKNN8-6L6VMO;0WW(!0G4)8,'#\:*%2OP[KOO8MRX<=BY:FIHJ;58)K[SR M"I+))-:M6U>XUM[>C@D3BD_J4QT2*`=6D[A\^7+,GCT;`#!TZ%`<.7($'W_\ ML1("M=K;VMJ*!QXX?E+?O'GS,&?.'&LPY8DO7KQX<:6-4(TU:]9@RY8M>.^] M]Y!.IW'NN><"`'[RDY_@J:>>PJNOOHJU:]=BRI0IN-ATOFBE,-O;W=V-L6/' M%MPZ.SNQ:M4J///,,T@FDQ@^?+CM\4.J09M%"*6A43RA-"100FE(H(32D$`) MI2&!$DI#`B64A@1**`T)E%`:$BBA-"100FE(H(32D$`)I2&!$DI#`B64A@1* <*`T)E%":_P=DI`QKN`9RS@````!)14Y$KD)@@@`` ` end XML 37 R32.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares Core MSCI Emerging Markets ETF
iSHARES® CORE MSCI EMERGING MARKETS ETF
Ticker: IEMG                    Stock Exchange: NYSE Arca
Investment Objective
The iShares Core MSCI Emerging Markets ETF (the “Fund”) seeks to track the investment results of an index composed of large-, mid- and small-capitalization emerging market equities.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. “Acquired Fund Fees and Expenses” reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (“NAV”) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses attributable to the Fund's investments in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA. During the most recently completed fiscal year, the amount of such expenses incurred and fees waived rounded to 0.00%.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares Core MSCI Emerging Markets ETF}
Management Fees
Distribution and Service (12b-1) Fees
Foreign Taxes
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Core MSCI Emerging Markets ETF | iShares Core MSCI Emerging Markets ETF | 0.18% none none none none 0.18% none 0.18%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares Core MSCI Emerging Markets ETF}
1 Year
3 Years
5 Years
10 Years
iShares Core MSCI Emerging Markets ETF | iShares Core MSCI Emerging Markets ETF | USD ($) 18 58 101 230
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 8% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Emerging Markets Investable Market Index (IMI) (the “Underlying Index”), which is designed to measure large-, mid- and small-cap equity market performance in the global emerging markets. As of June 30, 2014, the Underlying Index consisted of the following 23 emerging market countries: Brazil, Chile, China, Colombia, the Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Malaysia, Mexico, Peru, the Philippines, Poland, Qatar, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey and the United Arab Emirates. As of June 30, 2014, the Underlying Index was comprised of 2,653 constituents. Components primarily include consumer discretionary, energy, financials and information technology companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.

The Fund invests all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term “Fund,” as used in this Prospectus, means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's NAV, trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Discretionary Sector Risk. The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Information Technology Sector Risk. Information technology companies face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-U.S. Securities Market Risk. Non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of the Fund’s holdings difficult or impossible at times.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. The voluntary waiver was discontinued on November 1, 2013.
Year by Year Returns (Year Ended December 31)
Bar Chart
[1] The Fund's year-to-date return as of September 30, 2014 was 2.73%.
The best calendar quarter return during the period shown above was 5.55% in the 3rd quarter of 2013; the worst was -7.83% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2013)
Average Annual Total Returns {- iShares Core MSCI Emerging Markets ETF} - iShares Core MSCI Emerging Markets ETF
One Year
Since Fund Inception
Inception Date
iShares Core MSCI Emerging Markets ETF (2.16%) 1.90% Oct. 18, 2012
iShares Core MSCI Emerging Markets ETF | Return After Taxes on Distributions [1] (2.55%) 1.53%  
iShares Core MSCI Emerging Markets ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (0.86%) 1.48%  
MSCI Emerging Markets IMI (Index returns do not reflect deductions for fees, expenses or taxes) (2.20%) 1.72%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 38 R83.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares MSCI Emerging Markets Value ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI EMERGING MARKETS VALUE ETF
Ticker: EVAL                    Stock Exchange: NASDAQ
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Emerging Markets Value ETF (the “Fund”) seeks to track the investment results of an index composed of emerging market equities that exhibit value characteristics.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.49% of average daily net assets until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 31, 2015
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 25% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 25.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Emerging Markets Value Index (the “Underlying Index”), which is a subset of the MSCI Emerging Markets Index. The Underlying Index generally represents approximately 50% of the MSCI Emerging Markets Index and consists of those securities classified by MSCI Inc. (“MSCI”) as most representing the value style. Securities classified as value style generally tend to have higher book value to price ratios, higher forward earnings to price ratios, higher dividend yields and lower forecasted earnings growth rates than securities representing the growth style. MSCI uses a specialized framework to attribute both value and growth style characteristics to each security within the Underlying Index. Each security is evaluated based on certain value factors and growth factors, which are then used to calculate a value score and growth score. Based upon these two scores, MSCI determines the extent to which each security is assigned to the value or growth style. It is possible for a single security to have representation in both value and growth style indexes; however, no more than 100% of a security's float-adjusted market capitalization will be included within the combined style framework. As of June 30, 2014, the Underlying Index consisted of issuers in the following 23 emerging market countries or regions: Brazil, Chile, China, Colombia, the Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Malaysia, Mexico, Peru, the Philippines, Poland, Qatar, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey and the United Arab Emirates. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include energy, financials and materials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.

The Fund invests all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term Fund, as used in this prospectus (the “Prospectus”), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Materials Sector Risk. Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.

Value Securities Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Year Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the period shown above was 6.98% in the 3rd quarter of 2013; the worst was -9.59% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2013)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI Emerging Markets Value ETF | iShares MSCI Emerging Markets Value ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.68%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.68%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.19%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.49%
1 Year rr_ExpenseExampleYear01 $ 50
3 Years rr_ExpenseExampleYear03 198
5 Years rr_ExpenseExampleYear05 360
10 Years rr_ExpenseExampleYear10 $ 829
2013 [1] rr_AnnualReturn2013 (5.43%)
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2014
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 2.02%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 6.98%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (9.59%)
One Year rr_AverageAnnualReturnYear01 (5.43%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (4.18%)
Inception Date rr_AverageAnnualReturnInceptionDate Feb. 08, 2012
iShares MSCI Emerging Markets Value ETF | Return After Taxes on Distributions | iShares MSCI Emerging Markets Value ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (5.88%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception (4.54%)
iShares MSCI Emerging Markets Value ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI Emerging Markets Value ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (2.47%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception (2.88%)
iShares MSCI Emerging Markets Value ETF | MSCI Emerging Markets Value Index (Index returns do not reflect deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (5.11%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (3.87%)
[1] The Fund's year-to-date return as of September 30, 2014 was 2.02%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 39 R53.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares MSCI Emerging Markets Asia ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI EMERGING MARKETS
ASIA ETF
Ticker: EEMA                    Stock Exchange: NASDAQ
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Emerging Markets Asia ETF (the “Fund”) seeks to track the investment results of an index composed of Asian emerging market equities.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.49% of average daily net assets until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 31, 2015
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 33% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 33.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Emerging Markets (EM) Asia Index (the “Underlying Index”), which is designed to measure equity market performance in the emerging market countries of Asia. As of June 30, 2014, the Underlying Index consisted of issuers in the following eight emerging market countries or regions: China, India, Indonesia, Malaysia, the Philippines, South Korea, Taiwan and Thailand. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include consumer discretionary, financials and information technology companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.

The Fund invests all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term Fund, as used in this prospectus (the “Prospectus”), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asian Security Risk. Some countries and regions in which the Fund invests have experienced acts of terrorism or strained international relations due to territorial disputes, historical animosities or other defense concerns.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Discretionary Sector Risk. The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Information Technology Sector Risk. Information technology companies face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Lack of Natural Resources Risk. Certain economies to which the Fund may be exposed have few natural resources. Any fluctuation or shortage in the commodity markets could have a negative impact on those economies.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk and Asian Structural Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments.

Risk of Investing in Asia. Investments in securities of issuers in certain Asian countries involve risks that are specific to Asia, including certain legal, regulatory, political and economic risks. Certain Asian countries have experienced expropriation and/or nationalization of assets, confiscatory taxation, political instability, armed conflict and social instability as a result of religious, ethnic, socio-economic and/or political unrest. Some economies in this region are dependent on a range of commodities, and are strongly affected by international commodity prices and particularly vulnerable to price changes for these products. The market for securities in this region may also be directly influenced by the flow of international capital, and by the economic and market conditions of neighboring countries. Many Asian economies have experienced rapid growth and industrialization, and there is no assurance that this growth rate will be maintained. Some Asian economies are highly dependent on trade and economic conditions in other countries can impact these economies.

Risk of Investing in China. Investments in Chinese issuers subject the Fund to risks specific to China. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the past 25 years, the Chinese government has undertaken reform of economic and market practices and is expanding the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of tariffs or other trade barriers, or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Risk of Investing in South Korea. Investments in South Korean issuers may subject the Fund to legal, regulatory, political, currency, security, and economic risks that are specific to South Korea. In addition, economic and political developments of South Korea’s neighbors may have an adverse effect on the South Korean economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Year Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the period shown above was 5.60% in the 3rd quarter of 2013; the worst was -5.12% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2013)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI Emerging Markets Asia ETF | iShares MSCI Emerging Markets Asia ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.68%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.68%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.19%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.49%
1 Year rr_ExpenseExampleYear01 $ 50
3 Years rr_ExpenseExampleYear03 198
5 Years rr_ExpenseExampleYear05 360
10 Years rr_ExpenseExampleYear10 $ 829
2013 [1] rr_AnnualReturn2013 1.98%
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2014
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 4.56%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 5.60%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (5.12%)
One Year rr_AverageAnnualReturnYear01 1.98%
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.75%
Inception Date rr_AverageAnnualReturnInceptionDate Feb. 08, 2012
iShares MSCI Emerging Markets Asia ETF | Return After Taxes on Distributions | iShares MSCI Emerging Markets Asia ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 1.39%
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 3.39%
iShares MSCI Emerging Markets Asia ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI Emerging Markets Asia ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 1.61%
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 3.02%
iShares MSCI Emerging Markets Asia ETF | MSCI EM Asia Index (Index returns do not reflect deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 1.98%
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.91%
[1] The Fund's year-to-date return as of September 30, 2014 was 4.56%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 40 R72.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares MSCI Emerging Markets Growth ETF
iSHARES® MSCI EMERGING MARKETS GROWTH ETF
Ticker: EGRW                    Stock Exchange: NASDAQ
Investment Objective
The iShares MSCI Emerging Markets Growth ETF (the “Fund”) seeks to track the investment results of an index composed of emerging market equities that exhibit growth characteristics.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.49% of average daily net assets until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares MSCI Emerging Markets Growth ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares MSCI Emerging Markets Growth ETF | iShares MSCI Emerging Markets Growth ETF | 0.68% none none 0.68% (0.19%) 0.49%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares MSCI Emerging Markets Growth ETF}
1 Year
3 Years
5 Years
10 Years
iShares MSCI Emerging Markets Growth ETF | iShares MSCI Emerging Markets Growth ETF | USD ($) 50 198 360 829
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 26% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Emerging Markets Growth Index (the “Underlying Index”), which is a subset of the MSCI Emerging Markets Index. The Underlying Index generally represents approximately 50% of the MSCI Emerging Markets Index and consists of those securities classified by MSCI Inc. (“MSCI”) as most representing the growth style. Securities classified as growth style generally tend to have higher forecasted earnings growth rates, lower book value to price ratios, lower forward earnings to price ratios and lower dividend yields than securities representing the value style. MSCI uses a specialized framework to attribute both value and growth style characteristics to each security within the Underlying Index. Each security is evaluated based on certain value factors and growth factors, which are then used to calculate a value score and growth score. Based upon these two scores, MSCI determines the extent to which each security is assigned to the value or growth style. It is possible for a single security to have representation in both the value and growth style indexes; however, no more than 100% of a security’s float-adjusted market capitalization will be included within the combined style framework.

As of June 30, 2014, the Underlying Index consisted of issuers in the following 23 emerging market countries or regions: Brazil, Chile, China, Colombia, the Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Malaysia, Mexico, Peru, the Philippines, Poland, Qatar, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey and the United Arab Emirates. Components primarily include consumer staples, financials and information technology companies. The component companies include large- and mid-capitalization companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.

The Fund invests all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term Fund, as used in this prospectus (the “Prospectus”), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Staples Sector Risk. The consumer staples sector may be affected by marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

Growth Securities Risk. The Fund invests in growth securities, which may be more volatile than other types of investments, may perform differently than the market as a whole and may underperform when compared to securities with different investment parameters.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Information Technology Sector Risk. Information technology companies face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk and Central and South American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Year Ended December 31)
Bar Chart
[1] The Fund's year-to-date return as of September 30, 2014 was 1.47%.
The best calendar quarter return during the period shown above was 4.29% in the 3rd quarter of 2013; the worst was -6.28% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2013)
Average Annual Total Returns {- iShares MSCI Emerging Markets Growth ETF} - iShares MSCI Emerging Markets Growth ETF
One Year
Since Fund Inception
Inception Date
iShares MSCI Emerging Markets Growth ETF (0.52%) 2.68% Feb. 08, 2012
iShares MSCI Emerging Markets Growth ETF | Return After Taxes on Distributions [1] (0.78%) 2.32%  
iShares MSCI Emerging Markets Growth ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] none 2.19%  
MSCI Emerging Markets Growth Index (Index returns do not reflect deductions for fees, expenses or taxes) (0.18%) 3.24%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 41 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares Emerging Markets Corporate Bond ETF
iSHARES® EMERGING MARKETS CORPORATE BOND ETF
Ticker: CEMB                    Stock Exchange: BATS
Investment Objective
The iShares Emerging Markets Corporate Bond ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. dollar-denominated, emerging market corporate bonds.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares Emerging Markets Corporate Bond ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Emerging Markets Corporate Bond ETF | iShares Emerging Markets Corporate Bond ETF | [1] 0.50% none none 0.50%
[1] The expense information in the table has been restated as of March 2, 2015 to reflect current fees.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares Emerging Markets Corporate Bond ETF}
1 Year
3 Years
5 Years
10 Years
iShares Emerging Markets Corporate Bond ETF | iShares Emerging Markets Corporate Bond ETF | USD ($) 51 160 280 628
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 20% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the Morningstar® Emerging Markets Corporate Bond IndexSM (the “Underlying Index”), which tracks the performance of the U.S. dollar-denominated emerging market corporate bond market. All bonds included in the Underlying Index are selected according to a set of rule-based inclusion criteria regarding issue size, bond type, maturity, and liquidity. The securities included in the Underlying Index are rebalanced on the first business day of each month. Eligible countries included in the Underlying Index are rebalanced annually at the end of September.

The Underlying Index includes bonds issued by corporations and quasi-sovereign corporations (more than 50% government ownership) based in Latin American, Eastern European, Middle Eastern/African, and Asian (excluding Japan) countries that meet certain criteria to be classified as emerging market countries by Morningstar, Inc.’s (”Morningstar”) proprietary index methodology. Eligible individual securities must have a minimum outstanding face value of $500 million or more, and eligible issuers must have aggregate outstanding debt of $1 billion or more to be included in the Underlying Index. All securities included in the Underlying Index must be U.S. dollar-denominated fixed rate bonds with a remaining maturity of 13 months or more at the time of rebalancing and a minimum of 36 months to maturity or greater at time of issuance. There are no ratings restrictions on either the individual bonds or the country of risk, but all bonds in the Underlying Index must have at least one credit rating from either Moody’s Investors Service, Inc. (“Moody’s”), Standard & Poor's Ratings Services or Fitch Ratings, Inc. (“Fitch”).

The Underlying Index is market capitalization-weighted with a 5% capping of issuers and a pro rata distribution of any excess weight across the remaining issuers in the Underlying Index. As of September 30, 2014, the Underlying Index included issuers located in Brazil, Chile, China, Colombia, Hong Kong, India, Indonesia, Israel, Jamaica, Kazakhstan, Kuwait, Malaysia, Mexico, Peru, the Philippines, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Thailand, Trinidad and Tobago, Turkey, the Ukraine, the United Arab Emirates and Venezuela. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include financials, industrials and utilities companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by Morningstar (the “Index Provider”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund may “call” or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s investments.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements, recent or future regulation on any individual financial company, or regulation on the financials sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” including those bonds rated lower than “BBB-” by Standard & Poor's Ratings Services and Fitch, or “Baa3” by Moody's), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity.

Income Risk. The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.

Interest Rate Risk. An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Liquidity Risk. Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to Asian Economic Risk and Central and South American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privately-Issued Securities Risk. The Fund may invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the “1933 Act”). Privately-issued securities are securities that have not been registered under the 1933 Act and as a result are subject to legal restrictions on resale. Privately-issued securities are not traded on established markets and may be illiquid, difficult to value and subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.

Quasi-Sovereign Obligations Risk. The Fund may invest in securities issued by or guaranteed by companies owned or controlled by non-U.S. sovereign governments, which may be unable or unwilling to repay principal or interest when due. In times of economic uncertainty, the prices of these securities may be more volatile than those of other corporate debt obligations or of other government debt obligations.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Eastern European Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund’s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Utilities Sector Risk. The utilities sector is subject to significant government regulation and oversight. Deregulation, however, may subject utility companies to greater competition and may reduce their profitability. Companies in the utilities sector may be adversely affected due to increases in fuel and operating costs, rising costs of financing capital construction and the cost of complying with regulations, among other factors.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”).
Year by Year Returns (Years Ended December 31)
Bar Chart
The best calendar quarter return during the periods shown above was 3.94% in the 2nd quarter of 2014; the worst was -5.00% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2014)
Average Annual Total Returns {- iShares Emerging Markets Corporate Bond ETF} - iShares Emerging Markets Corporate Bond ETF
One Year
Since Fund Inception
Inception Date
iShares Emerging Markets Corporate Bond ETF 2.62% 2.99% Apr. 17, 2012
iShares Emerging Markets Corporate Bond ETF | Return After Taxes on Distributions [1] 0.81% 1.36%  
iShares Emerging Markets Corporate Bond ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] 1.50% 1.60%  
Morningstar ® Emerging Markets Corporate Bond Index℠ (Index returns do not reflect deductions for fees, expenses, or taxes) 3.47% 3.62%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 42 BarChart8.png IDEA: XBRL DOCUMENT begin 644 BarChart8.png MB5!.1PT*&@H````-24A$4@```&\```%;"`8```#;6=!O````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``%KQ)1$%4>)SMG7MT%%6>Q[_5 M29.0I*.&D(0("^H*[HSH8;,+N,R.R\,LRB!G9/<$9`;(8%`WX@XCF'AF%LX8,.$1$M*=1S]J_^@' MW=55U55=5=WW=O\^.7U2S_N[M[_]^]6]MV[5%411%$%PB2W5&2`2A\3C&!*/ M8T@\CB'Q.(;$XQ@2CV-(/(XA\3B&Q.,8$H]C2#R.R4YU!J3X_7Y7EY>>'EID^^1F[$.D0`2E%4RS[I?\E^[[`'#U9,P/N?GT6VW6ZY MW4&7&\[IMP.(+K=6F!,O\AJ7FY>'W+S\Z$)+EP'E+R_R>*4T(H[SVCU!N_D! M\9)A-Y14`M=VML.FB.M?E*BP7;I/Z1CI%R@J')=*NSIASO.B$!`;WB"S32X4 MROWJE6Q(O]ADV34(V^(!T5^$3*A3W!?:%CI&NE_ZA4NW)=-N@K`=-@'U`FHI MO%IE0BULIUX2$6PV_.W3ST/0V=.1*C+7\V3(RLK" MPN6K4YT-S?#Q$R-D(?$XAL3C&!*/8T@\CF%:/+U-(J7.#NFZ7,<'"W;UPGQ3 MP8HO4DO:R;!K5$BF/8]0A\3C&!*/8T@\CB'Q.(;$XQ@2CV-(/(XA\3B&Q.,8 M$H]CF._;U,O%"YW8\<8&G#GY&=YN_D3VF'>VO`*?SP>[W8Y!MQN//_\2;#8; M!MTN;%G]-,;==CNN7KZ$/$67 M:/_?-CS\U'/)+&(8YCU/T/GY\K-6?&_V#R"*HNS^$Q_]%[[\GQ-X?.6/L6CY M:ESNNH##/W\7`H!#>W=#]/NQ\.E56/;23W#H_5TXVWX:_W?F%+*S[:A=L@Q9 MMBS\_LPIN*_UXA<[W\:"'_VC[CR:=7>!>?'T,O,'#R)GY$C%_9UG?X>RL7\4 M7B\;-P%MO_X5`*"HI`Q7KP2>#73W7T.>HQ"CQY0CO_`&7.OM`0!$- MV-[X$G[X[`NZGZDSD[0+F_&X\\__`@?WO@N?UPM;5A:^^N(SC,C)!0#<,^O[ M^.17S7CM^7_`Q6_/X[ZY\U%0>",*"F_$=_]L.G;_\T]PU[1[<:[C*Q25E.): M[U6\L^45Y!?>@`ZXNP*/K7P1.[>]"L>--^&6.[X+KR?P=-#V M5]=B5$D9?OCL"Q!%$_QEW3[DUJ6=(N;,KA\_G0??X;`(!G>!@WC[\5CZZHQ[S' M?H3^WJOXJWD/`PA4=HI&!Y[*%00!-Q67P.,9CDKKK0TOXK&5+R(K.SL<,F^X M:13Z^WJ36*(`:>=YGQ\_@B,?[L6UJSUX]U]>PU\_O!B_._T;_&SS>KSQ_B$, M#KCQ>OTSN'OZOT?SN'^^8N27E:!M3?=NEPN%!04 M``#V_[83(_/RHP]0>Q)5*XFD88'=`;<+<^^\&0#0W]^/_/Q\^?,4X"]LFE'' M3B2-5-E5@3_QB#!,7_/,'BK'&D;+9DB\LV?/8O7JU9@R90IZ>GK0U]>'K5NW M(BLK*^JX/7OVH*6E!<7%Q?!ZO5BW;IVA3!,!#(G7T].#VMI:S)LW#P`P9\X< M[-Z]&PL7+@P?T]G9B?KZ>G1T=$`0!#B=3NS;MP\U-37&/5486%AU#'-S?)D>+VOKP]E966:TITW98+BOH5//X]%S_#Q%.NN M;8W8L?55T],UW$@_=.@0/OSP0VS9L@5^OQ\??/`!:FIJ8P;-P[GSY]' M964EVMO;8;/9X'0ZX70Z45U=+9M>9"/]YR?/QC;20QG7Z7E>GP]>GQ?A.IX0 MK,L*`"`$5B'`YQ>191,`480(,?CF!A$(?TTBLK.RD:W#MI+G#;A=X1]H(HUT M0Y[7UM:&FIH:3)TZ%??==Q_\?C\J*BHP:M0HK%FS!JVMK2@O+T=#0P.6+5N& MHJ(B3)PX45&XF,S9[;!'O@-,`;4W1(76__#M!7QR^K<0;-D0['8((W(AY(P, M_!^1&]AFRP8$!+YH[S#\PT,0AP:"GT&(GF&(?B^F?>=.W'KS6$UV@<"S[H*, MV%X-95/#D'@5%17H[^^7W=?:VAI>KJVM16UMK>[TM;:#U-Y+8V4[4:M=J_)` M/2P6+;\^0>(=7K7&8]ABI-,UZ>M%P$#>:)<<\CU&#:\\R\JV"E MXQE)QPCD>1Q#XG$,B<0`UTM5@VO,(=4@\CF$Z;$8]>0R#-\9- MCIMR#P\#(9ISS->KXN, M5\FL;R;G806FQ3->);?N(JB>LM:[[,:@L,DQ)![',!TV97NEQ4!-+_0.4Z5S M!(7=EJ%D5XP^)FI_6C<5(--4B/B2]#0/]-S"B4>\)HR@N!*]B:YY&0R)QS'L MATT3TS(+NJM`&(;$XQBVPZ;.@3[JB9F43C`M,_)E-`WR/(XA\3C&<-C\YIMO ML';M6K2VMN+TZ=.RQTR?/ATC(R:>;VIJ0FEI:=RTJ;:ICF'Q6EI:\,`##^#C MCS]6/&;.G#E8NW9M@A8B;U>+&K8G"Z-VC?\$#(NW8,$"'#ER1/684Z=.H;&Q M$>>01C:E+.Y(4^LJ2<.\L<;O6D93:9EU=':9.G0H`F#]_/@8' M![%DR9*XY_D\'OBD<\P%?_#A6;Q2Y'B"#KOA6;PDY\2432=)$2\D'`!4557A MX,&#FL2K^LY8Q7U_]^QJ/+&R/K"2*@?0:'?[ZQOQ]N8-IINW1#R?SQ>>/Z^] MO1W'CQ_'XL6+`0`='1V8-&F2IG1^>>8;U?GS>.'Q%:NP>'E=S/8!MPM5?Z+\ M`XV'8?$^^N@C-#4UX`,R:-0NS9LV* MVE95516>/V_,F#'8NW>O(1M*U13>H8[I#(;MODUH>[`RV8.E0_G2,UA:VB(U MHZ'/M'B1)50KJ*96G@47/3VM2]F6(75,9RY,BR<-+8)DF]Q^M?/-SIL6NX+, MQZR\L1TV@\@54NG+BW>LF21JUZS\,.UY`?04E<6N%NORQ+3G77_GGP`1(K2] M:2_ZF-!YYM=7U%N?D?D5(XZ/W)[^83-W4E7ASR/8T@\CF$Z;`+LWD%@(5]LBT<7/54H;'(,TYY'CJ<.>1['<".> MGJ$0YO5AZ$/O'8ZT[AZ3/B5D2$"3XZ;2S5U==QH,YHEI\0+(#2*0;H]$::R9 MV3ZHU6YH6>X<8S`M7N1=!43]A\*Z\C'F.I[2U$Y*Z_+6C7::C,2U>_/"D9]"M>5^@OD&WRG;3>]`M MJY451F#:\P!0C44%IL6CEH(Z;(=-0I6,\;PTC)KD>3S#M.?114\=IL6CL*D. MA4V.27OV[$%+2PN*BXOA]7JQ;MTZHV8))&'^O,[.3M37UZ.CHP."(,#I M=&+?OGVHJ:F)FS9=\M0Q'#87+%B`O+P\Q?W-S>5?6;5"WAV M]8N&\Y<,WFALP.L;MZ MD)C:/Y\Y;7K<&RE:MBMKM=+M4?:#PLGS^OO+P<#0T-6+9L&8J*BC!Q MXD145U=K2GN$W8X1!N>8LPH]45AI_CROP;()HBBF8JIC15PN%PH*"@``[>>O M*'J>7D[^_ASV?_HY!%LV!+L=PHA<"#DC`_]'Y`:VV;(!`8'Y7;W#\`\/01P: M"'X&(7J&(?J]F#OU3S'EUO&&\^1VN3"IO`@`T-_?CWR=9>4G]A`QL-T]IK-6 M%R\MLS`K7T;3(,_C&!*/8]@.FZ"["FJ0YW$,'^(E^A--5:^VEN&D)L!VV!2$ M<(=V;.&EKP%6^'8L$C"0+YUVP]N",^H9K&[RX7FR"`K+JJON!4KM"G.V)PG38#&'T$F+5W3PMQ\5;-@+3GD>HP[;G!;NAE&93D,ZV M$%E]D4O+JGRIVD5T'LW,$]OB!9&645#XKW2\TC:C^=%BUPK[(2AL<@PWXK$Z MBBP1S"H+TV'3[*JUF1C-BQDU8&X\CXB%:<]3_'DJ5?,T]):9FB\M=BU\OP'3 MXBF&EGC5/)F33+V3'C*12#4W8IWNI&W8Y5AVGQ4M6QK(742T=ADVM( M/(YA.VR:.6[3G&3":=&X3<(0)!['L!TV00T%-/29M*L@LQ_T"E,8L&$%+$T:078S>0$V%S(7$ MXQBFPV:@2JXX<$YW6F;!2E.!:?'D;U?+(1W9J92664AOI2>:?AK?$@J@=V!Y M,DGM#2NFQ8L)3VKC1N2<0&Z?B7G39#?R/R+V(]W#IMS%)=[P::W[C*+'KIX\ MZX!JFQQ#XG$,TV&3[BJH0Y[',20>QZ2%>)G9RF/]FB4KW85F`A:8"T^(! M[(G&$A0V.8;$XQC.Q(NLYK%P1=1KU]Q\,GW-$R`W(WF$9B:0L M1"RE\YUTZIE6Q;!X1X\>Q:Y=NW#++;?@PH4+>.VUUV"7S-0Q??ITC!PY,KS> MU-2$TM+$IV$A`A@2S^UV8]&B1?CRRR]14%"`5:M6X8 MTSM_7BI1FC]/J6Q:,>1Y965EZ.OK"Z_W]?7)7LM"P@%`5545#AX\J"G]FTM& MX<;\7-G/QE?,GX_.*C:^LEZV##>7C#*4KB'/FS9M&BY/'\?BQ8L!`!T='9@T:9*F]#N[+RO.;,73_'FKZE]`W>HU M,=M=+I7AQT[=F#%BA48/WX\!@8&\-133^'HT:/A^?,*"PMQX,`! M='9V8FAH"+V]O5B_7IO7V.WVF)HKCV1E9*-E,]Q4J*RL1&5E9=2VJJHJ MM+:V`@#&C!F#O7OW)I2VV14-,V&@F9=&C70MCS282>3HZ$3MIKJ1S@R\=&^: M"#]7?2(&$H]CF`Z;U"^M#GD>QY!X'$/B<0R)QS$D'L=D3&W3;%BH;3(M'H#X M)52:B")T;FA_,IY5D+,KATE=>6R'S:A']-B5'B>8 MDAWV/4_3\#ZEGWD\%S"*5KO29<",/+'M>7$+J&7LI!7"Z;6;V%C3>#`NGG+Q MC`Y830>8#IOQ?M]ZY*.^38(I2#R.(?$XAL3C&!*/8T@\CF&^J9#.PR",0IZ7 M0C*GG:>UI%IZKJP@$;MI/>@V%)]$:.]?CCS.O&Y$^7QIL:MTC`FP+5Z(5/6# MZ4&+79/SQD_8)&(@\3B&Q.,8$H]CF*ZPL-(8EH/NYQ&&(/$XAL3C&!*/8T@\ MCB'Q.(;$XQ@2CV-(/(XA\3B&Q.,8$H]CF!9/^CI?0;(]+]:M6Z?/B*BP'KE=^BB8 M]!RKT&/7Y#Q9/OEA9V[(;+ ME:_M)7J1R.SKN7P)[KY>"+8L"'8[!'LNA!&#$$;D!#[9=HC^P`D#/5=@@Q]^ MSS#$H0&(PX,0AX<@>H8A^GWHN7P)W=TRLXLIY4GA1^=VNV3+K17+)S_L[NZ& MP^%0/282M]L=7O[CVVXSDKV$^8_Y,U3WOVN!3;?;'78"K5@^^6%I:6G,,65E M94;,$D$LG_QP]NS9:&AH@-_OA\UF0TM+"YQ.IV*:Q<7%Z.KJ@L_G0VYN;CC< M2DF':4=%483;[8;-9D-Q<;'N=`4QD6`;P=&C1[%CQPZ,'S\>%R]>Q.;-FW'L MV+'PY(<`\-Y[[^'(D2,H*BJ"(`AX^>67C9@D@A@6CT@=?#32"5E(/(XA\3B& MQ..8C!-OYLR9X>43)TZ@LK(23S[Y9-0Q6[=NQ1-//(%-FS:ANKH:AP\?3G8V M-<'-N$VS\?E\:&]OQ\R9,V-Z?(:&AK!MVS;DY.1@\N3)J*NK0UM;6XIRJDS& M>=Y##ST$(##Q_*.//BK;"?#<<\\A)R<'`/#UUU]C\N3)2!;(N+`I1:Z#:=.F3>'E\O)R#`P,X/+ER\G,EB8RNGML^_;MV+U[-UPN%Q8L M6(#ERY<#`)8O7X[L[&R4E)3@S)DSN/ONNZ/N4;)"1HO'.QD?-GF&Q.,8$H]C M2#R.(?$XAL3C&!*/8T@\CB'Q.(;$XQ@2CV-(/(XA\3B&Q.,8$H]C2#R.^7_T 3T-G%U"%"R0````!)14Y$KD)@@@`` ` end XML 43 R96.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares MSCI Global Energy Producers ETF
iSHARES® MSCI GLOBAL ENERGY PRODUCERS ETF
Ticker: FILL                    Stock Exchange: NYSE Arca
Investment Objective
The iShares MSCI Global Energy Producers ETF (the “Fund”) seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of energy exploration and production.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares MSCI Global Energy Producers ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI Global Energy Producers ETF | iShares MSCI Global Energy Producers ETF | 0.39% none none 0.39%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares MSCI Global Energy Producers ETF}
1 Year
3 Years
5 Years
10 Years
iShares MSCI Global Energy Producers ETF | iShares MSCI Global Energy Producers ETF | USD ($) 40 125 219 493
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 8% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI ACWI Select Energy Producers Investable Market Index (IMI) (the “Underlying Index”), which has been developed by MSCI Inc. (“MSCI”) to measure the combined performance of equity securities of companies primarily engaged in the business of energy exploration and production in both developed and emerging markets. MSCI begins with the MSCI ACWI Investable Market Index (IMI), and then selects securities of companies that are primarily focused on oil and gas exploration and production, and coal and consumable fuels production and mining. The Underlying Index may include large-, mid- or small-capitalization companies. As of June 30, 2014, the Underlying Index consisted of companies in the following 31 countries or regions: Australia, Austria, Brazil, Canada, China, Colombia, Finland, France, Greece, Hungary, India, Indonesia, Israel, Italy, Japan, Malaysia, New Zealand, Norway, Poland, Portugal, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Thailand, Turkey, the United Arab Emirates, the United Kingdom and the United States. The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in companies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those companies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Exploration and Production Industry Risk. Companies engaged in energy exploration and production are affected by worldwide energy prices and costs related to exploration and production. Companies in the energy exploration and production industry may have significant operations in areas at risk for natural disasters, social unrest and environmental damage. These companies may also be at risk for increased government regulation and intervention, energy conservation efforts, litigation and negative publicity and perception.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to European Economic Risk and North American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to U.S. Economic Risk.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Risk of Investing in the United States. The Fund has significant exposure to U.S. issuers. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”).
Year by Year Returns (Year Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2014 was 0.28%.
The best calendar quarter return during the period shown above was 7.46% in the 3rd quarter of 2013; the worst was -3.41% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2013)
Average Annual Total Returns {- iShares MSCI Global Energy Producers ETF} - iShares MSCI Global Energy Producers ETF
One Year
Since Fund Inception
Inception Date
iShares MSCI Global Energy Producers ETF 13.29% 5.34% Jan. 31, 2012
iShares MSCI Global Energy Producers ETF | Return After Taxes on Distributions [1] 12.71% 4.94%  
iShares MSCI Global Energy Producers ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] 8.15% 4.29%  
MSCI ACWI Select Energy Producers IMI (Index returns do not reflect deductions for fees, expenses or taxes) 13.12% 5.27%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 44 R135.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares Emerging Markets Dividend ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EMERGING MARKETS
DIVIDEND ETF
Ticker: DVYE              Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Emerging Markets Dividend ETF (the “Fund”) seeks to track the investment results of an index composed of relatively high dividend paying equities in emerging markets.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. “Acquired Fund Fees and Expenses” reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (“NAV”) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses attributable to the Fund's direct investments in other iShares funds until August 31, 2015. The contractual waiver may be terminated prior to August 31, 2015 only upon written agreement of the Company and BFA. During the most recently completed fiscal year, the amount of such expenses incurred and fees waived rounded to 0.00%. BFA has contractually agreed to waive any additional portion of its management fees necessary to limit the Total Annual Fund Operating Expenses to 0.49% of the average daily net assets until August 31, 2015. The contractual waiver may be terminated prior to August 31, 2015 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination August 31, 2015
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 44% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 44.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (“NAV”) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the Dow Jones Emerging Markets Select Dividend Index (the “Underlying Index”), which measures the performance of a group of equity securities issued by companies in emerging market countries that have provided relatively high dividend yields on a consistent basis over time. Dividend yield is calculated using a stock’s unadjusted indicated annual dividend (not including any special dividends) divided by its unadjusted price. The starting universe for the Underlying Index is the Dow Jones Emerging Markets Total Stock Market Specialty Index, excluding countries classified as frontier markets.

As of March 31, 2014, the Underlying Index consisted of issuers in the following countries: Brazil, Chile, China, the Czech Republic, Egypt, Hungary, India, Indonesia, Malaysia, Morocco, the Philippines, Poland, Russia, South Africa, South Korea, Taiwan, Thailand and Turkey. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include basic materials, financials, industrials and telecommunications companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is S&P Dow Jones Indices LLC, a subsidiary of McGraw Hill Financial, Inc. (“SPDJI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's NAV, trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Basic Materials Industry Group Risk. Companies in the basic materials industry group may be adversely impacted by changes in commodity prices or exchange rates, depletion of resources, over-production, litigation, and government regulations, among other factors.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Dividend-Paying Stock Risk. The Fund’s emphasis on dividend-paying stocks involves the risk that such stocks may fall out of favor with investors and underperform the market. Also, a company may reduce or eliminate its dividend.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, and may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. The industrials sector may be affected by changes in the supply and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline. There is no guarantee that an issuer that paid dividends in the past will continue to do so in the future or will continue paying dividends at the same level.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its trading partners, the Fund is specifically exposed to Asian Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging markets may be subject to a greater risk of loss than investments in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, unreliable securities valuation and greater risk associated with custody of securities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Risk of Investing in Taiwan. Investments in Taiwanese issuers involve risks that are specific to Taiwan, including legal, regulatory, political and economic risks.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Telecommunications Sector Risk. Companies in the telecommunications sector may be affected by industry competition, substantial capital requirements, government regulation and obsolescence of telecommunications products and services due to technological advancement.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. BFA EXPECTS THAT THE FUND MAY EXPERIENCE HIGHER TRACKING ERROR THAN IS TYPICAL FOR SIMILAR INDEX EXCHANGE-TRADED FUNDS.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Year Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the period shown above was 4.88% in the 3rd quarter of 2013; the worst was -6.85% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2013)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Emerging Markets Dividend ETF | iShares Emerging Markets Dividend ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.68%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.68%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.19%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.49%
1 Year rr_ExpenseExampleYear01 $ 50
3 Years rr_ExpenseExampleYear03 198
5 Years rr_ExpenseExampleYear05 360
10 Years rr_ExpenseExampleYear10 $ 829
2013 [1] rr_AnnualReturn2013 (9.51%)
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s total return for the six months ended
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Jun. 30, 2014
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 2.92%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 4.88%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (6.85%)
One Year rr_AverageAnnualReturnYear01 (9.51%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (2.10%)
Inception Date rr_AverageAnnualReturnInceptionDate Feb. 23, 2012
iShares Emerging Markets Dividend ETF | Return After Taxes on Distributions | iShares Emerging Markets Dividend ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (10.60%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception (2.98%)
iShares Emerging Markets Dividend ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Emerging Markets Dividend ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (4.70%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception (1.45%)
iShares Emerging Markets Dividend ETF | Dow Jones Emerging Markets Select Dividend Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (10.01%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (2.52%)
[1] The Fund's total return for the six months ended June 30, 2014 was 2.92%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
ZIP 45 0001193125-15-251497-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001193125-15-251497-xbrl.zip M4$L#!!0````(`+A"`4?GR6$F#M@!`)U;#@`0`!P`:7-I+3(P,34P-C(R+GAM M;%54"0`#W+F\5=RYO%5U>`L``00E#@``!#D!``#L76USVS:V_GYG[G_`^FZ[ MZ;VV+,EZL9VD.[*M)&[C)&,[W>93!R(A"35%:@'2MOIA?_L]!R`I2I0^WJG4:OO$.9:GLW=T>N=SU=[O:O3 M\_,=(GWJVM3Q7/9ZQ_5VR#]__N__>O6WO;W?3R[?$]NS@@ES?6()1GUFD\&, M7%Z2,\]UF>.P&3F_()^$9S$I/4&.:HU:LU8G@80QR)O@3^[+@)R[/A#ATQ$C MO_\+QMK;PQ'N!\(A0*$K7^^,?7]ZO+]_=W=7P\LU3XSVF_7ZP3YWD3J+[>B6 MQS;C<6O54C*K-O)N]^$&/-%H[M4;>P>-J#F7?*%S?C6F@LF:Y4VP=;O>:3;G M;;U6L]%]B!C=(GK`X>[-`ZWQ]H#*F'0A5E,NQ`K"L86]--6PY\Z^OADW3=%Q M=Z#:-HZ.CO;5W;CI$CO"AM!I8__WB_=7UIA-Z%[,`?;N16RLW4M[)[SKSZ:`).0L$]0&4 M?S0/?@E&7(F MB"*/+T M$)M#.ZU/@+CC]VQ$G;ZBJW?/Y<[/P)'C^0ST0Z_V5_8U'WU_O;/7/(`^XJMQ0^;:4;.V:M;$KNU$HU?[BL$C"YR!00)+>-(8L`?%EF!V MUYJOGA\8!)N$GJOYUUNMEC&*GQ]L%-L,@DTB#`S5YJA=+S9LLL>%>5H;8)L1 ML.D-?2:NZ3V3']TS+GW!!P&VE2%HJF`U,ZR8&'IB@J6G"T9E()@>$FZM97(5 M+6\=USW7OJ(.J_"]#7Q'S*YPOK5BPH4G7.Z.D*#^A(D1?+Z@XH;Y\M034P]Z M8B>>:Y^[-KN7$_7GDOF!<.69]\'S+]G0`=Z>,3NPE`C?>.(-8[)_/P41@("U MG/VQ8&SH!4*R6^8"-"S@6J4PF10&A_R&4C)"+3*'-55N7I*PQHSBP,9A387O MDH4U9N`\A=_U#O,='XV_<.;8L<.L$)Y#'))FJQ'`RQ@X5&6VD@0.QM?Y5@<. M%;Y+%CB8@O,4?M&=;PJ%GPL@K.P$R!:<`>=>N' MID@P1SU'MID#F\9AO5-L;Z!F8*;`$+#U=KW>:9LBP=ST7+/-"-AD+O]586(Y MRG^&Q*D;E_\J?)>K_&<(SE/X_6J!JF2EORUN8=J,LT;`+U/X4$6EY0@?JK!X M=?A0X;MPB_ZPZ7=NN<37F%YHX`BS4!SP-2J'Q7\ M?#HU`S,%IJQ?L]MHM4R18'Y.0['-'-@J[89A9L"KX^BS,P4V`Q8(M=(M]`@OGJN1F5Z6Q%O`I6Y2CB5;A>7<2K M\%VN(IXY.$_A=T4-ZA0D$<`E$(TE&/9$Q:P$VY*V!O$UM;WU?#4(>NV#HV(7 MC-0,#!(8:$VCV`+#&1@DL':WZ)ND<08&"0SP6?`58)R!$0++G/Y6U=.2I+]F ME&\W3G\K?)I+3Y2AN&X#R% MWQ4KT&^%=^>/RU'IV`ZFURSE)QAI!+@R!P=5AEN.X,"0%'OCX*#"=[F"`T-P MGL+O"I_V&W4"-C_;HL+U4P*$)68:`;+-C&GUR_(E,Z;&_,1]MF"XPG=)@F%C M<)W"[0D5ED-G$;A]RPX?EKGLLZ93@#[QE64S<+=?.6AA$PWRQ6KO8`E"Q6-F8S0K98N<)W M26)E8W"=VF2SRC&Z\'5V?><-^="?O0$O5W_:T;'XY9:YZ"_+$;GDOJ%GP\CE M^05DA#)L&,Q4.]/*%)KKGTJ$ MY/RCR]X%KBU8&586MX;GJ-+Q,#.-`-F&OS5;&=%2525,,Z:)["W,7H\."[[= M*'LZEV?2#VPS"S8%W\&.,S!+8`5/^G$&1@@L8[FX,MRER-[,\1P;+O=5^"Y5 M8&T.SE/XQ<2Z9]WQ*X:[`7HCP:W`\4%:P#8[L)@H_N\?;@W:4:'BJ_PT"VJM M95-9\,,GLD?G^5HH@\Y\:+4[!\4^\%O-P!R!)7.X&+`%/P$\>U*7KYZ;<>QX M2L_5_%N-HV:Q2]0;*'Y^L%%L,P&JW2P))5APW&]KC)8%;Y+%F&:@?,4?AO$#@_V4X MJFI[.A'%(,\O$"/`GKD.4JVXE\"(F[/DOW$=I,)WB8)PPN]B?HY9.*3F M)7GS8CN`3E6YO&W1V MIAH$NO;A8;W8&,(9F"FPN'I=_%\:R"C!_)R+8IM!L$ED<]JY=KJ'!0^.LJ=W M.<8DR#8C8)-YK;^R1B7(*I1[GT6LU&]QCN MK>\!V![NLNS?T\G48?_B_OB2V6PR18Q?TX'#KH'6$\>S;DA(^"4;9BJM=+OS M4W)_=/R7-K\ETI\Y@&.;RZE#9\>NY[*='T?^R_^0!+2Y,B6R9GF3?>$Y;/\* MX&\'#END]5I05TX]R>SP@:4BPZDGIAY0R4X\U^Y?OP'ZG6#B$BT,^#:94LLG M_TO^@]3M`WE(R:O]C9@2\S$!W^^-;3W0%CIB/=<-J'/M^=0)M]\^(P?7LF/. ML-ASH*IDYM+.@J*E^M'=H^TZ\ZP`]?UZ-MVD]X_^&(W)<@_I?C\I)O2UIC^2 M_+7]S8?3UO>2C="54]?_0">;C,:OWO4N^U?D_,.I'FY5?\NCG0(Y@CJJ+OUO/EP/)F[CY-\X=+3!,$/J2*9'6.@B+:53P50_.0DIV5UZL/YP M"$#DMRRGT1;ZVXK%[GY3B_V.C\9?.'/LHEGLO-GV:(O]!`Y^W6(_'_".ZEL& MWEO'&T`N=`_14 M@9`)2,/F?#YK&"9PH&=O2*@+-R"B4BJ%2HD7/]>N:L3V'(>*/9NYWH2[,+R] M2UA$VT31!@]%I`V`-%E;9-TRAY9]0)XRQ7?]8#+`GO"%OV6!+HX9DW)!7;!2 M*O2#'CZ"T>I)B5Q_-%%ZN:'9KL?'#1.;6<`)1[[>:>VH7/O<9Y,_FCL$DV@U M@D[:3*2(,AR!V[P[%XJ/U!-JE)?@`&(H@&D9L M9A&;_3'URP)TM`!]I.W$`\Y?("QR/]'3_DKQ(/'OR MIK?PW`OT&4PXLUUR0H4%#D\2[9@>ZN3M8B\_I4A,F)I>-,U>-,T%`J;"PXT, M(4.!/,W0*06^P%\//!^($L02XM-?6"KSX!A?MQJ%\1XCW\&PKM1 M'CEQ:QC@SXP0.U'@U1+V1**5%C<8$D^`ZH!"Q_=JVF$1Y;&2G[^`]">*&(4$36)\)EUC&D^1N#)(?!#.<+!`BF>/@QS22=J$IM\8$ MKA/70[.FW@$&&\9=U2@,I31+-;#E<=(:I-4GSR"AFT.0\.[\[3ORY;S__FPI M2B`+84+_XMV7;^_@OUF8D%RBP!4*)FZYQ1K-06/K5OT@;=45\5E)G`<:6$.* M7U_?YA1::Z:PAJ(<@[7N]QNL=;,%:YC!$)7"?'_1VAAIFRG:I`?B8WSD:HO\ MI#!NN^!L/Q`U/8#-IX:<*Y#YV)#SR9XEF:QG]BQOWW\\Z;TG_=\)Y-E)M[(N M#5UT,.^^_/[YV[N&;^9@<@RWNU6X787;5;B]KBRLE?):4)O9..II@M0GI+9% M8=&##)C'-1$\(]=S2E69.!>_IDNV6@_C@6(GEZA1OO#@([%U0CUB%#@Q M8U00"D8L\=Q4G[R$7`YY=TN=0'V!9T7"6,F?EB.]-1-__N6%@\/ZM]V)\-ZS MJ',:",%<:U:HU85G8-VCU[:>R,6O+R[DIYHKJIR%5LVGQKT+,'I\1>7]QU.( M@T\_7U[V/YQ^>6CMY7V)UUX^?+GJDYZPZ/,NP*14_^DY?7X5^^YR[GGPE=RS M\Y2*?5ZUB`66/EB+4+:.1,9N:_4(1PUK1<,^6)*8UR$VJCP\7[UO8TQTO[MZ MW\93.'QDO>^;$'OT#>H_JZW88^L_>=424H:@JB54M82JEO#T=8CES5#?T3I$ MDK2D[P_Q#IY857?GBQ#;WSS"`N&!)@KNZ=Q=UF(E3R:4EL?TC:F.X$#M?3#Y M3BAM&UO=431X%!1:*!)@8ARLP"1.>S118+Z!`MVQPR?<)ZHZ0QZN7&#K>JU5 M_T%9%5W;(3;E0($+60+5P67@^ARZ8`,1X`2;1[L$=*2CL9J@6],JE!L;@`MA M(C0O(#_N*=)2G1#/A<&"*(ST48@AE#=\WO5*[T'RJ6*L#Y^^J MBI7RX9M5F/->$>0REAN7RE*`@U4*.&;.5$U=U2<%4_.R/*G@"59\-4K`0/GC MA:9Z\M@:=153/#`QZ%^5&D6#@\H%DR3#]6/D[XWZ+I`=84P-,42=@B\^G["P MB(JDV]Q22H>H]Q'5B&5M)T,YA.3""/@XS%13#I%$U,T24:A0RY0EQ:DL&"7M M'T`;L)J5A(BB(APJ&?(TNB_E*LLMV(2&LY1TPFJDYP!I`88G.&AH:I"K,K(T M&+P`.X$=H&M,@#VG*BA2O&?`CE=4ZK.LF:F&>6YM M"+NLK0YS%@=<0\X78'J]\4P;0LX_O$F4`=2;J^W&"A(U$<^ZR)@,S8IB^+,M M,N8CSTP%GJ?*Y%VM3CA2?1Q"J]7J?*52UJCGL,%<7H)I M13-^[84_L:/KR?Y3]YF'=A8PJQ;45'`1XE?G-&C*!YA?B)`"]/*@!A<0^8]) M4X5M;72,(?[#BK..0VL+]KB&Q47_NA8-'J6?C^UHY>-0<5KS#DFVK<$ZKY"O+-=]5?O'MTXM.E5Y4 MZ<7CTXLM6Y05[T]LL+[W1`_^6/>8R8-_\H0/T3CWK@$ZN.Z=VR9BI28($K1: M>""'I%9H34'^NT0&F"[(9+JQJ_,-[F/*H:O%J#\2_H4XBOL<(/H"D)8HDZK] M500)3]1$51%P&LWL)X!Q!-/X(O'#^1)5S$:21>QX('WZ2IG2$TLYUBZAZGB- M6.W_(=&V1'O$:@2DJKCE74!84>*+"@B/*AL\)FI\K.9FBAI3K,RSUA)W3J+>E\LN MZX9_%LO2J2R+>9:E_KR6)>^M+E446T6Q6:/8*Q]A/IKE:K)!\RP^A9DEEH[# M@7AZ=\`2"2G2\G^K3-NOK-LX\,Z%)U`Y\&C*#'NJO_;6JSJD+='/U<7"\\L+ M\)^AN7!4Y5L_F5ASCXRJFH3>WY`P@Q'Y`P9@VIM/;V^$I>UUK\8^L`UU\778 MQ&X4W(,2-J_I^A%._&Q0T5H&")Z?T9N#?A'I:D?^N!DNNG`4U.8,\+ M^,O\4-U+%CH3=#U"81ED2^&ZLE@B<)C_)BXBFW1%W2!K<[ MPE:NWF5PAV?1COGT)Q*)D;Q'>TMZ`%?P$^XNZ5/<2N62?B#`&N.5"V[;P+3P MQGYO&+9$0GH2MUF]8/ M:)9`"+K-6VZC:TD@!@<]X8ZC M-K,(@F()M]'$PZ#$Q4+'HQ$J$EB&9,8Y'>'0T%]K"6I]1\(;!UH)94QWJ$`J6$'C$NI8M(4OP>`A M.>A$3\-LY]T*,L)S+L'58V=A1\A2';Z>+N[N6Y">)1C8'A(&&_#8R;0O+6&04T\M.IPK%"Q82VW#\7_RR?,$ M!-&7BJ*X:\6O-]P'(Q;>63&8NK\`\ZR@N%I\.>(I+/J'(G6#B66E<:7E9!"3 M>9C[D3L@?PQV@DZG"CO.R`-TC"?S[6$02GIXK#1>`>"2)IH)2R>6J%AN.+S:#,AL'=%$_/''$):-/WHFVLZQ)*0RO@!+D>L]8`]N>`IR4%=+;"V M=E=/<@Z,D%,11>BMQ`A/17?I+CEA8)@"B=N!Z5_RZ=K%$H7=E0+"?`T1'; M@X"-VWMJHPBPQ-D#!'&?.OPO&I8Z<*LBCW:&JOW9+@(`MT""\\:=E5&'0Q`) MF'8(7W?1LP:X^@A?M.;HUVG_G[UW;6X;2=*%_PJB8SO:WJ!D76VI-W8B:$FV M]8XM>22Y>_O3"9`$):PI@`N`DM4?YK>_>:L;4"`A$KK81L39,VV1!+*JLO*> M^8!IX#Z6PSI:/J5P?)=LX*AJ3/W"FGMB;N8HPD)+JC%E2U\B*OH)632%:T$U M!V*D*#)Q?;@W7,["%QI532V;8\GN#!W7T#;0IVCCW$2V<4[Q&""3I-84KAA: MJN1+W9'9/;R*HYO([R=;7E:JRM7780,F\5<,4B5W]C>LD]*Q@E$*%&($2=YF MD3H`E6K3R5X=7M'^Z3\9!A`>GD)E+70&)H?@+I]"R[EQXP!',V4MM"L:K$WA6XB^-X@AXL M6.^A5+"'19VLK2T99^SSF1JQ!KS,$_@H4-P:G1 ML2MP+LCH5*RF'"17+",'B>RZ$^V.9M?+'D470WP'ALO*;U$/E7C=#;!/")X& M>>LCB0[U'-/;,0^9)[E#]HS:AX M9E$.)2SY"K`OHHRDAO2S4-05>&`"RRF"?0YG8^1:.@?D35JGV%34V7$J3R!/ MGTUQ;S9]CU9:B3LU0)"G'+YD)7D;3G5S`GPV#/,KULGX'Q$/]14R$Y8[@5,9H6;O>+;K,YP/?A]I6\'>"K6XHY MTUJLC<'36^0`]$@NL]Y&8@8@_".\_'0P%(W70M^$(:MW]!TZ+.0D(@/B_Y)2 M@GT;*26%05(4YE<@D6\B*[EAGY+F@;V'XX&MQ^8!WQD^DW-;+MA<5>[1.)5D M3;5YS6Y+:R1])A$1I#=$:QY\(9\A<,!:<15GHTH!EY4R*ZAS2<[XA3F9RO=1 M8V&D`[Z-63C07*.7]XPU@@0&MLQA%T:E6)JG70U_\9E;T3)?K)R28J-HBFDQ MT[Y$^Z-ZE^CDW">!Z<>M4M)&R$V=L59<&?@JI+J-XFHNU.D)Y.;E5_0M4_5K M0M.4RV11Y^QO8PUA=>N*DCU(DR$!Q]"K/H-%-KRS\NN&@8GQA_K;$=UOJY`/ M&&`]6N^Q/MO"V(.$RD04V,SRDBT>,/-`?\]0K6JE3V&Q%)B0DHS*BR%+$+V, M;^"<%6CWJ(P:-O7A&6K[V<7T8T:WN?(?8RP(0$HP[0T^!8:&N:-"Y>$Q`((,SF;>(+)" M^=<4[9!FYCM]3.M.WNZ!6W#\37*J@J:FU;BFF*:]2A4/2<^I4J4R_**K5/D9 M*E5VMMNN5&GIQO@O\4/M5E)1LU/ME%2T M-1S,]!5(0>'^[D;#'=S8V&W88O504ZR6)WZY_I/6ZEC\0OU>KH6>"U&I47F; MI>'(.Q.-[:AEBE)T^,13EN*.07.RL^[4,QUZQ8*(N@1[K4:.D"< MSS=/4@G4QIGEWQXWG]S#7[FE&@-V(/Y,,ZS("I.OU,$$S'_;P__OE12-P.^^ M3(%MU;_A7>FU*L"YPQR]PQUH+:!/H^X:%J'\#9ZT1%*%^2CW[(\YL*0.ZTJ/TE"*C.W_'7$)E%1)X17)4R0/5]^#64%FE72S"3:S_WPQ\O$VUD5.T MB.A3_'K]9<`>1K<#*/I\RE$S8A_T>GO*)MY4M^?TTF(HNR]IE6;LL:Y=E M[;*L*V19=;#H@#4%.]N>J]XT`QNXV0+U_"Y'V^5HNQSM4^5H6P)66#&JOF@B M$F?=&(0%WOI0L[VJY*UMK&]L;[XF(LM$M`CUT$9&I?GV[3S:]@%Y6Z^W?+NW MHXE[%T5_TDCBT^PLBJ\'LRRGZ_<$NXFG#8\A>A>3I5=P$A5/S`([1+*7CO9Z MO1\N,=EFK_>J.;+5>KU+B`*/WNK=M*?;A0_0K=OM=UUW3=>/W73==5EW7=9= MEW63+NL+;CHE(UL')'&@+O`OWQ381FD4EFR&.G->D4RM46E$I#+.O_8D(V!$ MZ9P-=!.SF!1UFY>_]W[N>\<@O.'I-?;8HY%B(G!?55NP'"GU0!-?Z)9?!Q5$ M'"1L+,YSU3P<#K,T9V5JV%(]K?ZFM-<.7,YB<@>P269:O;S2PNM)77J[>O\Y MNPWCXAYYS7^%)#5U6C,$>4UMN?0O6$XX)?G4(-\)_P6&83P*)?.9#L++])X] MP-SXJ]J`GUOK+_`4QPZL5%C7V]NEE[OT[M++77JY2R]WZ>4NO=REE[OT M] MD0]6(+$1\D';:$0ND'4WQ[V;X]YTCGN?V[WM&HL'A1B=7^E11TR+Y/8Q#'6! MG?ZGB=V2FPNQ]UZ.P5CR5UCL;3[]VK#?&+RH%M:XZUNC%+X\QA(KI%O>@*JI MD)(*75&!!15D#^;7]#_\XOPP/4D+0:X\Q.@H;158B-B/K#]Q@BSX85C* M# MMU\_O[6V=VO?>-?\=$O^+F]QO9*JV:\VD)X;%O=Y#-&=1T)Z7I["S=>U)!H' MZ"S.O[8),G,^NR:T<+`230WB&67"2HZ0]>96\1"7W["M_:W%[@^2W2[T35]5 MX#AIV)XX$FAV3M#<)JL\TZ,,RF:U9>V;1'9UKI$\L**S5.QB6!$G*[J* MX<$9Y8S5C/:I/E?.<"8INA"$9=.C1<`39=`(HLJ/X$+G&%>JSEM*HH+#5A)S M`SK9X7#R""?]/]Q((Q!/_(K=^%&/TT@]B8*)4T$%)S("!+.+6,7F1M6L1/C" MD!X5[`8'6.Y&O&Q'\92O;FI&_UD@^0W,B3>``1C> M"H;P-1KK156D-.U+AGWHR+EUX/CM4N5#%M&`-!/OO5.!>SQ505IWZU*=I_-< M"$1=%R>9&3EE,`-,W5!6O;P,3A[HA+&J1'!/,Z;Y(PVVU(D'E_?622,,$/DA M)X6'NX8A6LPX#W&V!-;NP6]Y6$_NY&WPWW#THQG_A&]>D`YEBD24RQU4`6]^ MGZXYM6+@Y*/?7J58^R1,6(X&Z]6;.#7A35@!8;51;FS5C4X+EZC_PA055^WU M3+3:FM&319>26D8Z=?V/_6V[%`?>7*3T>(O_&QP5)ZLK_(_%G'9-&U\M(@^N M,*XJRJWT<\)1ESBSH094AEJ-*HDS+A(=I;<)X7_1W=!Y!J`.-=YU9L:@)Z4-5XPE86 M$ZGQ0VDE!56+;!:R'.! MJL()KHE/-JE\*9?F6@1,J9R+)AY17BO%6\D4RMIY<)#258KTX#&Z::P07);Y,:")44BCI+!LCXR2G85X8?<5;P<47R&T% MLC25^4BKKSUKJ*>>D6:2^[&!3%527WQO;@TSV$] M@'_6)9IBKQ)_-^!M"_W1LN'FF'=ZFACK-C)XK>LDX(TO<%1KFDRP)'`<99+Y MJX-6[#E%;%::'T4&5ZGSV]@^(;ECE]B\?;MF/P%NT#W*QI'KJ"Z\5^D`#[=+ MCY41<3RV#3=AEA!A/76?1YAZ!8:?1L.9).M#8\T0.]^D^,%$K`V.Q*_Q\DK9 M5RG]4@9=DZ0[2<0ZHTI;:42/$J\\1]>Y^"27Y4JKKR'8$S/A(!J&LSQR34O4 M$G`K@0,FNEH'V)(.;(U\$SQ1`=S,3>N!,_B5ERIM5G,J&5`HH%:*BQDA:66& M%KH\MS&0ES!"5QJ8S/B(I:%JD&A4Q1!]6SO#N@MXCV=?,\I^)6EP.0NQ.BKR M5M2JHM6004FEL)H41<9%'<;+\=9MX*+8T%>/JG7CI-AY8J-2DVY_CY!N^6#GR@6'5WO M]>#`Y0';I)+=K]0Z,X=8X1"O/^#9O)+G?)\M^JCMU8HWJ#^A($+T+:;L-FI" MIV;,=>I'\7B,'Q6.5J'6!:TN44U*%X05'N!X7.Y7G0,T(T*)<*A)\AB-`4$` M*@7X/YWE)"URO@AXDQ:OWHRPKG)Q[E*`\FP\FY"U-IWP9'M_T6I<>$*AM(>D M]MZ^ZSO!$-."H%[#USB2^E0I&I'JU"9K(MU6&S6R`L5#6+@?[ M<<&ZF%U'&;*`O$@%?BGNW`OV.`*_WX%=R+BBA(...;@,O9/ M_@I.WP47'X[.CX)W_8.+T[/S7M#_='KR/CB%O^*_/O7_"CX>]0^#BU/\8O#N MR\GA;^?!^8?^V=%Y<''6/SR&;_\`"4B/I]KF-"*^(B[5@B7(VZ*=4F>05]/7/;[0W5#>JD'7G!?_U`A/U*Q4I M'(89]KF!#`65B2$+2IL0TWEWR/ZQ`L#@WZ@.2/6L(:LB`P@2GL?:+9<#4O',0O?N-$^U+HL30CR@NQG1.?@0EYEJCDA%&.4 M$U`PMT!2\T$Z<0,UIFR6H(95ZY!EJE,=OK)MK/7VW+!7I2VY! M*)Z/Q%!*N2T9[$X!--+S[+!;N1^Y5)[0V-NPJ@T\4GQO>G"#`MLP61-%GZ-O&V8E)FB,)*> MZ6!L3"-]V2PQHQ\:W*S//,-ZSR27YP[PQR&H6W7V. MW&WN;V]3BPPVSZ&.+S=1X!?PRTXW?O"Y?C4RTL4-1)'/Q.Y81(T,,7*90YMZ M$6=#C2Q5801ER4RB2\]%@G^'6+^\B##N"J:\!4YEP-M,G196JL&8>S@"`PW0 MGFM2LLU+_I(AZS;&7N_)#*LXF:HXX6^N!X?1A'O]]&/N6.%P.I+:$TL6ML$C M"DGO*QMN;G./9MBS"-POTBB)MEX^@\&<^-2"N8T_1G=DHR>L&Q-I.C9&!\*HRP^:>=5N^@X%8T;5LVYH M2L?T?S.9=R'#ZH1;5I9:VV9260W%J_EMS_Q8B]F:K])3];=)U]9\LP%72"+V MV"[8+L^>J@U(&A\+04M*XW/T@!F5#M;W(M3#4^P\,`=52P\M#[;`&+LNHX;/ MR9ZOY`;7S1+4%;;#N-Z$H48QL'4[.`77:> M#"7U6FD=3SSK6,A4EDKY&"7S_22:;I!5(),?GJC13>++N46Y9%EZ%D010J876O$69 MZD1>;B\!Y/XE>M-*$N.4!HS:4MH`;?BQ%Z'.,(\J MUH&O4"S.;#WI%K7=*Y%]K@>NX5/^14/8S-].K2*`)KJ\SJ_5J1#7#S33WLH] MA`.\O8784JJ+7H0*PB.%PZ]-GF7'TDU,#1XP2]!FEO%_7$-EJO=2J]Z)`H`C MM*R.$Q5P&QL1;1U@3]4`#G474S6:Z<_XZ3$.9LAAI08CS4Q!HI7E+W^OP8E3 M2H0RR[XCM2<'UMV,JNI5[9RTOYS,KCB#Z.68J/,()S&5D#)RN9*SLL(A!!4N.\QR2&E#N"7=AAB$!6WZ(F4 MY+U"]O23I&U,OMMIOG@>7D^#,#E!`0]VJO>55GD2BN]>.912X*2@2[4M8$-D MF"&@M5JM`Z9TI"YW*0(=4[&Z`!6GI&`T,XEN.4(2YV*06`E*!TL*37I2T*I[ MC:>MH?J2B*R^JZ8Z4+6QFPBE+JV8);,I$K^']X';7)V9 M0+)HXH^BZ^A#HUN0Y,@?;(+IIOKW5.57OA3'[F2XPOVQ[H#G$L%*`9*=Y#-6 M*1\PSL&))B+OP%H,!Z3K="!+VM)!SG!Q=(?0QM\J(:C MV6"3*1J2LW:,&185!E]-#!'C*+A)NSMMVI1_R+;E+#<)LWNXO[UMO"0?<.)/"@.I=;3'3UZM6ZB55AR'L*X5IVO%>>Q6 MG&!Q97_7B]/UXORHO3@-V/_Y->,T(%H!]Y;)?EMRI.#80*H&5&\L,]#HK*SI M[7FO_&W6'/H*2+Q3O9+.54>,5#ZA-LPQPFJ,(<]O#"]##%:P\#04K`?OU=S+ MGLW^WKBK]3O]O+"*7$ZFGE4P9@*N1J[88^OI56%1>5"/:X0'=ZI?P[Y1&)N\ M(<*I&J;)N?T`752+E]FU4;781K5XNY^B`68Q55T'S/?3`;/X-+L6F/NUP#39 MT:X'INN!>>8],$W8^%GT=30@M&OL6+1%/W1CQV(.^0X[.YHLZGMH[6B\CJZW MX[%Z.Q8?R4_ MUX1#*XU&SJ_6R\_M"MN[PO8V"]N7Y"H+J-(IZ7(/W/I6XK"0YA_+Y:2&)EO? M6&?7LQ('*L_0<_41:V,=[%2W%I]L$^L6Q^A?LP)3G"+;=*V`)ZT'.#&5!"O[ M!JDL:GY`QMD+?F^#NM*NK>#G;BM8?#V[OH**PE^\9T_:1/`3%OXW.))G6OF_ MF/*N]+\K_>]*_R\R@H"]FR]1U9?*E0=VK36OO((0&%>+RR3/RJ#7>E]S'`LP MC.SJHA(0KE(R8@EHH,+)G>2K59C,FBW4@*J2[!<=FN*WO3%=QW!?=.P7VEFKPE_#7+G:!"U*KX5^C46(@"]XC%-I08AY\=;)T.*S.2&OJNQ6:->>: M*17JJXBLPL1;Z0V)B;&"#2ERBX4K'+>MB796/X>GUO=3;N%TR.D4U'& M#`IC+H-S"NO^YH4&'$D9\>69<0&FS=:NGS!\JZ9)(7VVVNJA37TKPBPO0D8W MLMD!&RWW5]2#D+9R@>^%VXPA1TS4ODV_?0O>3](!+.Y0AZ`D(`F6R-J7\\"J M:V/;HSR!IRS\:X",PR";3:)\C2$"5?T)^`&Y4K*4+J0")\NUX?JE4NEJ-,M2 MN(IO4=2`>S^%:SK"8GF@0P7R#L($]A]#:USURW&+:A4+/AN;`]F\5)9'&`RR M-!R9])NC(2]YQW!_K.K<6O)%@ZWS5O(WI'PK$XS'KTEZF]16]:W;(M.[#!:+ MG/`J[YU6FL8Q-MV'(W2W0,N.W*0!59-+.8ZO4E?T/I^B;%I6O\6AMJ5)Y##N MM.8";A+"G!/-/`J)7U09R/:OZTYQ&.$?*_.ME*BLK7.KH-4K1KH'M&H_6 M2%5C)G1-\F#QWZ6NS9Y4*0D$?8[&&"PQGMC'D"!N)_K?*280K4'PW.9JIN3J MQZZ+3ZT?6^-5FCX0J7^S"W)RYPF:@W6)L=U%8%LUJ"[06E^,S?XCCPY;M/B> MO)/)]V7^[-W!_AMP!8I@9^/7:M)?1=[3[!*._V_.O.@DS*S`&(FC$;.]OK'#;S0WH/+L23R.O"&U%Z*+^()RO,=@ M1&`>,7]9>DWM_F&R>(9&76ASU)13T:46+Y)RI)<0&1[%&ZEI+OF4&E1OC,5? ME/HEP=1:<.W&O&W9I'U"G@09&@$EQT"U8 MHN%)B)-=K52$"M6C:S6=(B(Q2AAVW&JW]5AM%>5,4-8GJM0,Q=306Q+LMD3` M75`]AUX^&LP*.RA#M68YAN2%%3E?A3Z_JHA257+&%9JFQJ.]0]YAKD&.ZP(ZO5K%$TI]UVUZ;E/H-1.62EI\+%& M$W:V39X;@H*>2B.D6IJJV,-P'+W,3HL8#COS/\AQ_W+N?ZH\&0]99\`<`&\_ M@5$UJ5I0UB=2VT)`V4[A#=S%,<87K^1&*U92"<0T1RX*X$PF(O1@O>P1M'LK4^\I; MU$,E[8=Q5%U/-!+'HV<)YU(DC#F7#-B7])\&R>>:`EZX*_9N2H"N?CMU[$$B MX]Q<2"FY27/=L-ABN50-=W[MO._3SH5MBI4Z2KR2144=Y.FS*6["IN_1RA1C MH"&0V*G579#?@B%,E6!P=ABRQ`PFF9OX'QC7!B'*^2IC7$D@(QU+%E;5<9)C M%(YN8HG6X45'E518([)RIRO]+1:%GJ%;>H#OP^W+79<.&.B6D.W+F3<\O<5I M!Q3`K(F1F`%(^0AO.1W,53296L4'%(R?HL,*7HVZMY,GX$3A:A33$TZV5CQNG,//H.5 M-KRKG[5MS0\HM9PAKZQ'ZSU6?12IS3CS+U+#YJN7;`4Y;2A"#]8[5&<%D'6( MGL>W^)K<=-Y5,!(JDP]\7&://0"QBPTFLPR++>6`X"L4DQ'CP2,C,49FI<^L M>T$24<8`J.%?139C\X4>\A(+STS;(08[KJ5R1]T@+K\MC5]OQ;8[5NY8N356]O-I"^.N_+R[VKBKMV%V`/92T4]& M%NKJ!2;^EB;2ESRRO/IC2R^5*%Q,C4F[F<]73R79-.,5'X100]:92]ZJTEIG*(JZ8%#@'?F8TA7:6A[/T@^6D.OR$(E$W\].$>0NTB<<]M*"0?I MS$2U:JO-T.:[PD21"7M?":]>D%@]8[_>9C0AP7FU_7D>.6W>*I.GF9#N:)Y3` ME+55P#EL<=30>I`L*:2MB91 MA-J9GZ<[':DZ7Q8GRB6[/@Z?`)%OY,@#'+A;'4[KK24N5]1/_D1E5@/-?I$!XBMLPI%#$ M0CYZBI%W"XGJ)MYU$^^ZB7?=Q+MNXMUW//&N:;9KG@USP;5C^FLE0\4"A!FZ M@^%RC$KQB&4R%ZYI$`_-,,,A8(5J+6%QVU-_!H;-09>"<%$U7OPM,:)"C@M7HL@TD95$TVZUE,!UQ,9S<<<-$6 M=<,!O[?A@`W6]#W,!FRZC&XT8#<:\!F,!FRT-]UDP&XRX.J3`>N0Q1??S^]O M1N#B)>FNJV/F^3DQ&)_H^=$:MX+/]:MAK[\4B"*/B9TQ*A*XC#%FYM"F7L3) M4"-'511!F3$T(JURB>#?X21:3!@WZ%#>`OL?\293):.5;##&'@XB0O.SYQJ4 M;/&2MV3(NL5JB_$$Y_=(B#Y.^)OKP6$TX;)[_9@[5C:/]FK^7J=4B=V75Y_=`--N@.E]!Y@N9*INA&8W0K,;H=GZ",UN7F,WK[&; MU_C=SFO\0J0C!\U)MLWTER35YD;5[:(9;Z6/#E'GN*WH#)K/K'Y9>R+X3+;4 M>%?P(F4MX!^CPG3S6:,56+A1K[V1!0?E*J?*@BI%3CJ+*`%X=>STB/$L8L%C MK#ZY"U+#QG,7*)M&L3S\DU0$.:E?)7KQ^ZHSF.CK- M$*KSI\VFH[^H[^8NH/\]D^SA"_Q7'AQ11.T0V(GG]&R^K.M%JNN8.@!+%?[> M7L\1QDQTS]#_S>`5>M2KEO:\6\+9Z!+`# M$L"S;6[A>A;T_;7=]=V].3_8KKW%7Z8C[L> MGS,O#'&"+IW*4`K^-]?V-C;6Y//@!?]SY\W.VM:;[32^4U:\.,"JS((^*>EGBPT6-<$P*TX#' MMOPZ#^#?FYM;NQO;C691KFVL;^SNO"$BRT344;?S:-0!<5L;KWW$[1CB^#3M MSU$Z;&P^"95UQ+1(;A^[^2ZPF>\T.;0-6B'VWLN)1__]RW$17?^_S3TO?P"# M//WB^LGH'.1J"XO<]QW@YM;6HZVQ0ONG-,-\&3B8F0J821P2RY*I*ODM6/ED MMC3FR-?;#1>T0B^S=\;L:KW,'GK/X2'1<4+M3\O,"EC^6F^_KKW6+E$/0/[# M7?.M#?\->//\UMK:K=_:]*YY;_/)UOPH4F!GJU9TURRPG89F6S!T#$N[AN9GTM#@9Z=Y,^SV-._-44+>B(D M;U)D>J:)?@XW1^38H9/;:_\ M;=:[6H!(.E>]DFZ%KE52Y1*U6;L1E@,/>9YG>!EB[HU5CZ%@/7BOYJ#V;.'A M32O;T`;J>2&&?*E@2E-)H5&K9\'DDXU4+J$WR$`A]T$];E,;W*FN85L>_<;( M,:A^FM5C=VWN+;:Y+]SMKLN]ZW+_7KO<%U/5M;E;;>[@_*X[GAC]W?;%&G?" M2S4A-NO*FSR/E^_:+^@ZZ+L.>K6Q70=]UT'?==!_1QWT3>[\LVBA;T#H3]]# MOWB/NB;Z[ZV)OLFBNB[ZKHN^ZZ)OM8N^V>9T;?0_=QO]HJ:_'[(3OL&:[M$* MWW6)/^LN\:['N*T>8VN?C/P0L>'[K+83N8]>:3@)6WWH_=J73V"3KGS/5Z-! MYM%U?QG9=:9VG:E=EV779=EU67ZG79:+KT'7A]?UX3T@V)ZWR'\^V)Y5Z*^5 M<`>VUX'MZ6.Z-]C>1]CL3V2V_6#06OH^ZQ6ZI?BH=R2*&(W.X2N(@S]Q M?-*(4,_F/BBHHN<Q`%1\:5-'ZED7)\60RX_Q?_@=LL+B) MIV,U%.!'Y>SRQC7?D@>495ZC\)G+,IOF9WWBG2Q[YK(L.!Y3TN@J'-%.W8;` MER-=9L^Y]BC2"7[U@:2[':-&%7/XZ]VMCX$<=> MM395=W/[.,QC5Y)]KLLPBM[V+W-G>?>QQ1H9XK$:- MB^-!^NW;^TDZ"">':J"VS#,Y^O;%S#1I/L^$6'-_^76M-JAE!:-S8_?U?<>P M//H,M*CJ;8T?6@F$65S M7ECU<[S?76;OYM*&OUC;>+VVO>'Z-+5O;TAHFT0N'->VO].`>$WXQ_3V,4Z= MS%:BJ_Z%E9I M;LSY'-FHD+&(UC^CP7E<1/W1*$/@H!6(+D4#YE'FOO1AV&!I74E3GU=G@M4V MU@XBK;ZQ;?*I3=D#\VGK]22+AINK0-B#Q1C;MO@7&3!D\6_6SJ[U6_SE17S) MHUQTW[L(R]8G9RN1^LL_R!5=P]I\E>"3:"7GF3GV2?,$PPE->-$EJI3IC'&8 M#%7<73%9=G,]5?F-F4XL>:697&H@"[V2)Z=AFCBE'$T6C2=J.*F9N*3K_Q!K M;L*)G4I&9L[^U&[G20I[-HFPW_PB!7_\4$T%6F5#L:=KPCDH9U]-%9@&TTLS M)ZV,W\[CPH*&JY8JT_P`#$OW3*K+>8W$K*7D,9/E<9O@M[7H&S4-QGH,4)I9 M_[B]2KFNE8MXX77<-(6_'*F]P.S_OP2G+EG57NX1]^0&-I+%6\AULA6.5W*$ZJMMO*,5$#M ME#I0&2O&WOJ@+?);94X]C"ZJEWZQN.>W6?)NE;?IS, MN&GR)C^SU)Y]*7V.))PJ_*(CZ7>@)[22:1BCTRU(PHORY-Y#Y0$+4X MD?OHXAV68L^N58$'MS^"C/W/X-^D/8%6K3\;;U#%9GR>^T<6AA@8S39+K><> MF^;?`KU#LH%'WT#:3:(_X^+J3(^'6&W7]C?:WC67U@JC<:M\$P)KZ*>^#`'>!N232LFC791) M,S#S*/J:NW/VK&X8F;6D)G+IL7K4R`]_M$8O]X)HEJ6]X"WVAN17P30E^P4# M#FJNR@$8%R,$%>=?K%G3EGL\(8@&0`8&(I['+[H;7=[/LIYHDP'>J:Y.I<3+ M_K+[SC(I;50UNX?/Q8P<45>E1KRJ.[\:_H,,C MYJ55,;LN$_XT"X2CFSBGT3*J-4VW.`LGJF&H)59CZ,P[A]MH'@N.FCK#O2!3 MML_/=YV;M^_ZSN]>4%%VAJ.EP5@83K#I4OA_SD/>NT]Y62'1NM]]M]LAV)P=2A@":)F&RSWO!($N_J;5M_BXX?:F&;`@SM]2GZTCG;WRE:;SE-&:FCYTFFCB4$A^^$1. MFSK^J/P9^S%Q$A*75],H3#,QCHBR9W92NZ1$IR141<>D;6)SG^#;&^L[&[^2 MB)'HUBC$:E.-KX(3>8H8'A$-LADN<&N?HE>OUQ6`@:*;:=73*'F\/5>$@3E` MI%4>$M!D8QJN<@NB"P'L#:?+(0HKJW%"M?5G?\&U(M@8;!KGR\9]YC3U$S'I M"3O+'#9.5HYS[K>D)N+!C'I3I4.8)M=4KJ@:!6JB%13^,3T!8A3:[0[Y[[:X MFE-G;@8!HNP[A=WL\QDL+;A4$F-GOVG>:F.7P]=UM%0]`S84+FCH$&[1@;6O M*TC<[^4\YVZ`WBV[9@9+9GC4ZN;68/.ICIK6T)0L8UF5/>N#<,FB&E^$?:ZX MLNSNX$6:7*:.R-?*%M5"%,*14ML0#MJR?^@VUSK#"$K=R'D9:;1NZ69O,(JE M/GRR(ZVAHL:C;]-@DT>N^\TT]X5EK[:MRCC7$B;.S9Q54)97T60J M_?.(ZA7)K"1&'`?[T2_/N`W?_JK3""=CEF\Z2E(-&U;);E4?XK&+.'Y;VRAR>52X63.EE!J00T8EL>4B$+17Z;,F1AP M18/T=G]5%?'6Q2*D8.0\2K23@< MG*0`B^4^RL4ZSLRB^ M'LRRG!3T$UP=`J_=Y+NSF"P3!5/C*"[@L'`>1IOB1S\\4$\O2Z*ZUVOZ3J+B MB>41E]EYZ:C?Q=8\7#V2@B#SJM.L5.K,,K5Z@DU1H+FEYLA/>#B]&E7QP@7[ MX!0)$N[`E=AC#E_"]5/7RTS_*62]E(65T1FJ*XZ_6Z%9YR3-P$GU54K.$/'E M7)>:%Q;2]%A**G,64(V.D^V88SHN\+P,L*-<^YX'Y-+JI%E7B%3X\35*=H'K MH4&W$Q)Y[D"/FDW#'I^MS5_U;#'Q^K01Y)S"NO_6>*+;Y:\LD^.WF''!-=G: M]!/F9,[5")Q618P&,+6B%_*B.,I+XJ9$08U%L6Q/2",A'O_QC M9].C=4HM'HKR]F-H?-6:QCWQ$RZZ#^*WZ;=O*NZDZ^X%1R6W([$\6ZH<;BH/ MGW*!8?DFQY0YGDVB?(TUN0JZ)KE,R5/3U+VQTC*"G8OJAQ':O!2BS>?&:,4: M\HW-&D4(!L:&HIZ'@+YP.#*S@)S!")>\<[74RX"W==Y)_H8@`65BB7U-J$ZC M!GMJW1;F7KI98/,X\/+6Z9ER9JR1@7\;X5S+>,*[:J9F$B*G(+O@EBB>4*/J M9"P>'Z+L4E:_IZ$>6DC"\);''"HFX/%66(E`@Y5#8A<%DK']Z[J#,\0Q.(GR ME<8DU4(FU5!F[QH-B%KK!=?Q:(WB&CB':4VJ(^*_U1`ZV;>>!O9,$RJJF%+T MGKO)U3'8"*$]\V^#!6,AN/$,-8,_H]^D@H'Z3343/`XBZ#5V1VLB@.RC/X%Y-ZV=INU@-:1X9!DU0)6.45LV-&^%_Y3,I M63H#\1%L[NST\7S.#![>.7+@]6QRR?5H>O*&-?>WS[5C."B\1X&+:W8&RZ), M31)W*I#J%G],."#HY9!I4CN,KR-5)5S&2ED![>=U*/];7EV02 M?XT8CM+ZAG5/M6NM1S_(VRQ2!U%HG[@EVN*"%:FJ2Y1'H)8-<.(^R%D$<_!, MVR?K5XE+-5@9IW!.I^A#X]7B&9_U[*6VBJJD4.XE"I,&[^?0B[3F8J'"6:H) M%MXID8-984^")5":'.LQRR-_-':*BEP;AV6:FN&G=^B@\+B:]4#3KVT2=<`, MD6BEH^=ZD$C2R*F-!JHI]1R>`F:":5T MSSD15;"(AN`09)L.]0AFF68U)3E=I6RISCLQ+8!0'$"*P;A0)BI5WJ(>*N&M M&S.*K(?3'V0JJD*?K*!Y,>>2,PW2>(8.K[.;:1[-WTX=(9!QW(RV M30/4)YZ)OG6FSD)5K56'H[2U%MGGI*4['+.P;1#?J%@?:*,U@',VQ4W8]#U: MV2"<%@:)G5J@C?DM&(4J$XI&%,Z;)],+_P.':=_@`(_"L2I,Z)9GYBO$)_(* M.$],5C!>=%1)2,X8V)^ANYU4N\[I'^#[WN)9YRB` MV4I#8@8@Y2.\Y70P%*76TGT>7N2["E`C:1\+._Z6ZK0+'%1\"V^P`AK.F%3% M`WL/QP-;C\T#OC-\)N>VG-=>U>)2+>VME+%K8!:*!H*]B-R1R\[\6SY#X("U MXBK.1I5$GQ4FLT=?VZ.C*]^W0"IDN/NHWN:N\S!S8,L\S?AB2UR#9G$AA`BZ MC!YCWX4G+1FJ-@0R/:XFJH$*6T'9V,DB55-!AUP"0AU%7,(AY4U<>19K9<:( MN#>1IXSAC:*+<&1.$NC?39^!XY'6*:>$8__DCU7UCF;N1ZMU(]9J1 MZG,2=)Z8ZA(3&)<-[&Z^KHWL;L\C[-21N M;K16G+ZWO[7=J#@]L*O3#T[/CH)/YP?'P=&GH[/WB*;YJ7_VSZ.+SD$^0L^'DP`B M'O9E@")%F9C/Z'XBFS=MYO"#(*W";L\1'\8%U76!TJ?Z*G!T&2XV7N%HDM[V M:!'P1/:NJ$29\0*QB+V M)1A(S?0"@ZS0W5PU8B4A%OI(5&,4'&!*=2YF=(U#9PI:O)A=E%NRYE2[H7#* M3W/`S\6)%2QS1[E5OF"0Y7B?*2T\)W2NEWR`[%9>J]396/#I8QE)JQM(:`9$ MCRZHS@`37`'/MJ5L.I4020):1RVL`\=OEYQY4&OAG>U`WZF@"9XJJ:>1#O6Z M_&\09@G04V)9S,@I=JY3T25G-,K+8)&C@_4E>$T-3(L3,!ILJ6,`S44](E3+ MG$:("$8;23P%($B(@RCQTMR)F@L65M133%@V?ZJPO#P+P;*`U$:YQH1KC@F7J/^B/#L6,<`I:O-,ES40 MI+B$]9'.GK83>CYCC@PLG+V0.OR_;A6]UYT49_K?8^8_T":L'ZC4KA(PYJ4< M(V^X%&T8<'4!'BTRC:RAGS.*0%!CM>\GFN[@/I[PL%.JP+.PT"=WNIJ!BT+H MD*C$F)(DP.@(OYS[B*HDLTTIM*DFX:#6)4UH:,+G3+)T3#3=0%56,6\/X6I? MIUAK1`2"/9U<6EB?PFXCN(Z8(Q(CV0:-UUC6/8-H+W<==R\J!(E1$97_AFUN M8&*0]))9-\YQ3;-(P9,VV!I.0%7D:C0H=&4`/MW:?U`->%MDU@:GE!(N,@=[ M.QU,XLN0STVR3BSJZ-,1/G>4WB:7C'H.QZUS7^)(-*"9A4?U\-Z6$$=!&("J MY@HL"8]Z2KU*WV9S1`M6"2BK5Y*T2-)DC9XAK%H/"#S"2/>0LT`A#58IC%/% M%*P'[ZW""R-4%>^XT53S._V\$$O\H_@R,522PRK)=^<9%KQIJ?Q-.J;EF@52*#DH5'*>0VR_C&E6%(FI@OQ'JQ?"WG(:AV3;,'=D89!1.,436ZR0 M2S4G^L).4U1?3*'OK.?4JS2X).],(=@YJYSRKMLH5:32E*Q6R"3F":*TE/33 M!C2/T%)B.[E3Z77+!'#D(WQ@>?B9KK="X:>0W>TB)B<];N2&*V"KEMY(L6MD MY]#1D.7GB:DJ:,FR.*Q@P!07J!?8D9%3,25FC&R,%'-/P[PPAIV9)L;<5B!+ MVV.5;)SFGGI&FJG>9;,9/,&+J^5EPI4^"CDEX#LR0>V?^(_,F$U`2"(PNU/< M!CRWQ6ST/DIARZ<@W2K\TP^2D.'2M4D/FBG$&ED1HHS^3??BTCR'U7:]T%Q, ME%4^;#D[<_P@70[(1B!YAM9U6B.N"EY@HP3U.&=J%AD:K345M#VGTJ94?\AE MLOPV-N1)[MAU`&_?KME/@!MT#A)K%&8C_AK^7_`Y33.0LV>B([7]@ESW+BZ& M5VJB@!W$P+\[40PW]_@V#+=+;_X$IMS=;[G4R6-]C+S)\WCYKC,N@-@1]W>6 M9#RC0D3%".-]<)>F$8TCH_9XXU'03=&8U;1#W.ZQQCM7"OE)Z8MRJIID$DG8 MUCDVVE,2$%66W-P@X\@4$ODB+=37AJA&''1[Q[U#!007'IAKHJL58@$S6Z/X M`%5(2L*5=%>R`7N4EU,.BCC3+6) M-'B3T625,!R7/*HVE"+Q/A1-V%A(#[R&GPL3[;%&'"E* M:[2Z%=@)1_\[RSFT`]HDQ:HMM131`"`1L/C=G0,QKZ;C*,OP2L8JQ#@*BU`7 MOI)&F!6Z;NV5G#ZZ`T4VJ\>(S\>5DB!U ME46M("IC(17^Y)#`82KKH*B6+&!C:JC&3R&%\,B>%:X` MRCJJ<@0Y)>ET-S^:5 MHE?WV:*/VA0N[Y+YA`)YT;>8&I]1$SJ)2C>PAH-C\:/"T2HRP$/4):I)RQ$M M87UZ5><`S8A0HHRJ110CHB`(0FI;2&>=`3MH9I^Y`0D30FV>@U?XT@R2S)/0/)*3=9$NJTV63\EOYW,.%@(?:H: MNLA;HU-NO(P+R:+4+@>$%I938I0+64!>I)(OE/MQ6X$BXV0'6+,IMTZW'G`1 M+S"1U5/<<^?6RL.YHC-%^UQ%*%%ZFX@%63)BRRII;&P.7>P*HA+__2K3(R@Y MZ)_C*-R3OX+3=\'%AZ/SH^!=_^#B].R\%_0_G9Z\#T[AK_BO3_V_@H]'_G!]0Y;Z<\RRW&#F5N7;!H4ZVIYC M`2:6.8/]B$"4'"EBD`FLN@<@1W\Y.(%-O@KZ(+8PG.3^QOQD,>=]YOXWNYV] M]E+&7'=>Z5N2(F+3>!86!8ULIP'N7R-OYQDW&V)0RM-I:`0N6R*FE*'!9?JL MNSJ/F=/G!'0^UW>`L@]<"OB0`\&^"0'"7\88FW+Z.55S)J?GC6!1/K52ZY/H MTL-5\.]P`O;?(L*X19`2'ECO@:Q-M=2F^=D*BH"#3-98S[6OV``DY\&0=8M= ME>/);"@S_>G&T3?7@T-PI$FNZL?L5OR1C6J3$9\Q'>8#.TJ8VG281*09/S^C6Z M(X,U84612`>BTN:3@)&W[]:>35F50%'-L=AFQ(EYN`RVQ!V`16!-Z.I;B:\$!R0B5' MG+[$''1G.DO)I2E_'-Q&(/@X7RGC<7)+298Z;GM>SG$#1,U]QX5[:,G#C\#W M<^UCZNI-+M'JA.VR#=(LH^"V^*63-$Q< MZ3<.XTG.92Y4!55M.`G)DV,%E7#=!;IZ$ULCLQM#7<46)7+0T8WTR522;W4M M03)<@N,R59HI+%7W*+C[3:V`K@-&(2B?)2'\1IU2N&Q11R!&-LBLLNU.'51$8@4UTC-CZC@YY$MVST MRSP>)^9NLJ$2*B+9HV;U\3@7O)D29)!XS]@J.E/M9L;IUHG(6<+39ROF:N6\ MK5D%9/Q40E(TS#:OMD%2J'KB#PQIZWKQ+?@#)$N]?TV0.13A,@2Q*)&^1HFB MZZJ.*J"3AS=N]#O=@.)=#2:4DG^SW`3S/>RJ(X4@S<=I5I:I'`!@Y4+Y5LZ' MX?G-KBENJ%.!2N42"$EB1`5-"R'`NU'R^X1[I(?WIO5^D\]I;]2J-]-Z>^F M]#>?TF\MM3^49"KM5X6O[0('&_1/7?(LQ41,*,7]LK8JNQNX9S2O=P@, M,YPN!UI`*#=\NZ:`W3A08N9%3U/AAIDXEAH(SE[]4ET.'"*1QY:@`#-<'20BQ@/$$E@[77A34^$S0"./EJ/=@<(7K3!=@9Y6OP67_D#-UZ M;)`'=`^OT?S&EAZLK>97+#S"@J^'3H%Y0Q&&"?,HDPH9U?5TDTRK`GL()CWS".-GWUQ\9N:(E6`"_B=$8%F!95(#[ M@`)4.A$7H0*T!.IA;0VWM.^_V=AK/%9ZGK%>IU'ZC11YOM@%&L>G`+Z6D9/&-5>A=1J30MGAVR'C#CD]/< MB":WMQ>#%Y**CT88,Y^M!-73)?EM]]NSN>VAG;2B!N:PAX*#!2:J@:-O9Y"Z MM:W'9OI32;C1XU1(K&Y\>2YK7$[6L>/Y-D6]2N@N$I.# MBT7%DKIAU$7HI@R99-[YF='(?>1GG`MH7]D7TD&M@>=?+K*?"P'IQC<6XDI;3V&+-PD,YJL&=L^F+EK9H"@BNY9HS@ MQS-M[#NB2'!>;7_>FG-[/*8PSE4XHIT2MT9US'']7!3IHCWU@92P.4)611YN M32T\'21U+U0`T>P&OW6:T@=LTRPOZ_MK.^N:F_L%V-BK]8*K/] M!I-9H/B"<19%+]<=/BGO?YO03$VM"]\$S[W%T$PMS!A=@<+=6@I;'3&ZRAYN MU$Y!;77$Z`HD;FUO+!XQVAK(7R5!WH'\_0P@?WNM8_P90OLLH-EFKI#1-LZH7_5[<$;+5L!"H-'5P`EKZ)H/3EBFL0Z=L#7L/[_@N1_V MGW?.)B^/KJST^0GDW_&GXVH%2[FLK&9$OHVH)]@H-(+ M#K"%_TDEZ/8A#?MO!WQ$L_"RB*?S#7G!T>3L%[N&C8+_YAEER& M.'(.O=&0_@CA_.,0$U[_ M"@L47%P=T`O.TQGV`HRQ%4#]ZY_@:L,_+L+X-DS@?Z_P9N-OX0)A"X;*F4F9 M?S\+!\`7,<4-[K.EMZS7IEDL`U6W>J]WMWFT05S,N';TH!%BW@B$,EC8V/.% M^X1M\I=W'K@\8]L6L.,)ST#X3I#S.M"T#C2M`TWK0--^%-"T#@YM$126TU]M M=[V:^2^E[=;E]*Z`XM$]0U.D>"]2!/Y@%)'8#:F]8QC%TZ($];3X42^_7Y2W MYP$`MI`W5<^7L+RUI0;4V5>:Y_7ZG3I1%)4`M0P+#`D]I@LP`H\_+N555 M:Z$#9S-U[70A::0K@12S*FH,R_92U/J/#KJF6<^QY4O+B:4PO#KR$?[:"+ZZ M/&*M!F/'"FYH5NPP=I;&V!%F6Q5FYS$PUVKB@7]&@_.XB/JC488B>X7X9"D# M-2\(Z;[4%(U2F)B3FIA->R`P,V^YRILWG+$ITU!'W,ZC$;>&Q32OW_BHV]'4 M8<\.W-=_<79Q%U?RW][N'*&K:I`V/:VUS:VU[ MT\UUU[Z](:&/R8;;>_L-B->$?TQO'^/4*:%-=-6_L'114+-46CZH(K659#ZJ ML5%\$^3%W23Z[U\0EV$2WOV>@+WT"RJW?P=713']_=6KDE1ZE:63Z-7Y\"H: MS2;1/%(Q=T9#8N37W".*YT'CKP_2#$-?1?0V348(:#7$7FI5U,H`I_>G?_(>[1SMK&_IID7Q>^O!F9CRHO=S8W%]->D^7^,RZN MSO2,P%58=G-OX_5^RRSKTEKA4K07WYX=']R/(YMO@,^<>&Y;U.<\+E\SJ@Z6 M.JF6=JMVZ?F(K,'L.8<^Q6^UQ8/9.^G]TH'DM@.8%"]=\@)`6WIG/E8@@ MT&PF[EEQ8@?UK3QL4`5AA_H])G4.')%@F@%#(-9TMLI7:V;NV\/XG'&`2P'; M^6(.';#=(P';-<%F.[0S],Y<_M+1^7/ZS4;TWQ.(37_+QJ!JBLIF/K4AV7H> MI#W>85)S8/N$\64C4#L'!O,B'567^Q$C1B-$U$BG]D353/!E ML#!A0NK#H#MAGA4.ZCJW&A\F49BI"SDR(NOGAN85"PC*9D(&XW9=FS&:("F0 M-3B59V&A*;FO-#_GM[EOD8ENJJ0(F%PB;H?NYZMG`H'U$H/50]11>48UM`-V_`Y MQ7$J(=]ULP1;Y0[FQ8&U:+IX^-PDT.4D6,X/"DP]7*Q"$TFPT26,:FT2=&3UVG M(F3S*2.[S1(1OP6EMWC3K("H@BOD)DP3`NN9G(B3&45!C.4!H.I,(%+Q?\`8PX%7QQ%?FL3MW#$5(0DRO2)Y*N-L>LK$Y]876O M25H_R(&*J7FOK`WT7NG2[:@2NB2#<9NR+:L\'[OC2%4+GQU&KKA.%:[RL)*? M015%#A!)W)0HOPG+YG!13/2@=*L%TQP+VPP1S+ABED)8QCQ55&#$!GM@*%"LKB:/*Y9ZB=]R'F6,+_HM-S\W M03I;',9JL%L9[--7(15GMO'L5G/9YNSB+2O!PE6**+XG6#B;^`X6K@H+9S<, M^8@R`&'N^PE83`0AUR\HOYHK#U4&%5D%3GYHR0@+,XQ_3[D60INK0,&<]/]X M^2C(=3*-N$.M"U9#K:-(ZGEP\:%_@6'4@W\&QR>'QP='Y\&?QQ7!\?O[EZ.R!B>GBNSS+PO+D!9U59+5CN-T:J^4Y&' MPW2&LA$?T;])8TY9]BM(8V*2P[.L[FAK:8<7?1*EHD#A1- M3D,NP07`%Y/H,BW$FWCA`/-1U+B0+$MH]27B"@;PPS&:@\,)LM-+J_YA@G:> M]+.R\E.70MTU4Z,Z@@LJ1B%_FYTL,?^546%[-E9*O;@:92&-3=+H@W9+M.;N=IEECG%K//1IL_%O0,E"4W7F$'68; MNQL;KW<;3[=__:1`4:L0OSQ0%)_[4C?0[?.*.4^,!Y_/IG2O2.-NOMFA&_9* M_LI#$;!#"T'R^![R;(IX^#7*?@_>_O,=_3(9Y-/_^K[_Z[S`:WXD]>^_!R=_ MG1\%_6P8:BGI;'^M@/P"IJ9T#;^+T&&+0D3\>F MK@@S&80U%%5M`Z>E&?FE5TR67=Q#V90QTXD:[S).R&O%*GX*7617Q^G?;VO1 M-TH&J]?+>%[UC]NKE`>!R,0F-9\(?SE2>X/J/+E4"1.5X-_9V'SQ]64`RB>1 MAVHVP%X2=NY4%L8URH_/^B[FBO=HZ\ZJ]G"/OB$QM)?$Y/";#VS0KM*-.:-0 M&&^UA8A!]I.#TT-Q&C!IR4TMCUVV+A/!$O!]0CO0L`:5O^4SK!*)[;)J:O30 MYA[.4M'#R)A)*MV'-&MH/,9J>HQ!J@)+0&&M;!ZBC-_&T8*IU4] M30U?LGV-)F_R,TOMV1ND/57\VX+&LVI+=>&&?GX%*K/TXH="+5S9BGADU,*5 MZ5U(I=KXSS3.]JZ5IG9T7!WT7V7/5&9EV?$X"CTT'E:FQF;*("P>V8OCC"E' M@`TY3F>I08[@F(35BZ?M:@_5KQVB? MPP'R49LWO@HS7;KN[CO+I*S:^%YE1C,=NY!L0CX$82DYNNI<.PTQ)",UJ:&% MNN$QI^G!-!(<]M+P0,KD5L)Q+E)V^48(('4%#/TM5M2>X5Z0ANCS\UV;X>T[ M-X[W@M"[LLE=+P`'<]Y+W[E.K8=$N@]]4R==31(4`2@[DNR!;< M*T*TGO@@CAQ4:E2)9)=)9Y>)*Y/:ZUFXU^8C"2':^I!/F"L?Y%M\W"!D4AQN MAX%5]=F/C,6].H9-8W'D`3=YO;\8P\:99,+NWU)0.RT-'ZNCID5ZE2D&PCFQ M8Q2Y4'OO]<0CV/TBNOY_6Z^]B]O:?_WTB\,(#%K"JR_RC?\$MW<>;9$5XK&H M,2Z.!^FW;RQN#U4MDI0[ZM`AQ=#OP99[RR_J/"9X11H^L*ME-Y>D M!R#^`>_6GG>6W6ZMW'BZM;9WU?;]:WZZ\WV4FX<<+,/5FJ]Q=2RV533M5CU< MW/:\8]#K>(@)>UMK&SMK&]MU&^F\N[J/'"3&A@&&LS^PC*L5O(/OQ:B;NP$M MXNNMPG7;;VH-/(.O5QD`>1`N<>=K',_YJ&M6-N5%FERFCN.A73YT3BR,5O`, MK=_!,W%4`S)">3IY:51:7DF#UJV\1>C!54YO;^?-8NC!=I&&RXYZAS3<(0TW M11IVYT)O[#U:5`T,\=T]90^4B*BC;O\18WY[^WN[/N+VZ^9Z/Y2,\5I2^\H` M*-'0.KAI-0C8@9O^#."F@MY#U;KMH)N66/6A`F9>2;.UL[GONR^;==1M/>)E MWMS>]8G!S:V6X`WN0YQV4K@GJC=-\"CK'!\;*%M[U@(9-SH5? M5?"G"G#4E$83$JJ;"(%5NE!1%[XZ=H%BS;DF)T782*IS'5D(H5*O_?83/0__ M[]W;TS^.SC_W>0-USE%/`WVILX^Z2?Z\"G-A^DM$%-$&0Z$#/2L M3O.=$Y7K='_,#8[4XGJ.?[@*X\KCST&'_(UZI/1379I>>>('G//WSQ2[X[P; MQJJ-(5,=&%UTH0E%M\P!%K(G3]&:`\+:@:UV8*L=V&H'MMJ!K79@JQW8:@>V MVH&MS@5;)1GW,^.L3C7.:F4E!H+5]6(Z.-8.CK6#8YTWZGH.'*NOS;F#8_T9 MX%A;*K1:+:!J`H'/I;1ON2CGIG]Q;VKK5)ZVM&^Y16YY%[FY]WC%F17B/^7# M^&T6#^G^T_\GK<&'*?5B49;D4$V3S$$>8#&\+K_G#2NNX)*.X9+0?WSFFH+& M'+R]6UM#4UK_TIAV-?'LU3#MZNA]J`H5;\IB^3VWRP]'O+6[M?SR5RFR7%7KOG[F1<#+L>BN?['[N\]O ML>W=2W]7P79]P?WCE`$_HXNZP,ZLV8\V,%]=Q?WS8KXFA'69:]]X&DG!G>/; MGO3_<",['4ILAQ+[>"BQOI5W*+'/`"76`3NU3NEG`#NUEMN!G79@IU6U]/V! MG5K$=V"G'=CI(K!3BUTZL%,J*FD![-05M1W8:0=VVH&=/D>PT\46@HUV:FU3 MAW9:CW9J:Y0?`>W4Y[A^3VBG/OH[M-,'0#M=+$T6P9U:1_4SPITNMX$=WNFS MQ3MUD16;(C::WR^/E^J-LWZW>*EVG/QGQTM=$$'O\%(7W,G>*A?2^G&+J*J+ MY;X7H)#["/VBWWSN`<',YX$,JJ;)%6`PD2^M)D>)9`)FB0='CF1=.FE":KJ1*>YHQO)TF\#)+;XNK)0$AJ6ET MCJ95\VC5;OL`+WGC[?WFITI'ZH/@HLFSN2&JC*K+L<1KBA_0UEM106QMX@D# MECE:#0Q4J-I3A6Z*,<5@:Y?:_.5>JWVS`J?(*Z1A4/]@'30E-:UEBW'' M7;_8&Q(/E9PF%S),M.&>3RD$I85\9"%5TA_%M]8G''Q(;V$%64]3I@Q/TQ"$ M>?HX8;O$`?V-9%CY$&Y)R8A7Z&HAK`#T`57@HS^F`8G,!M`)CB>$:(BY6>5R M<$L&.OMZPK%=+Z[8?B%''/-,Y(GZ<)90?#FEP?!`2U)(X)$T`L="$[3G!FG& M]84Z2V?DQ#4^'+T:?`:0R;>"#>Z]%R+1!=M//@!;##1LX_@)]798GFAMR*:/& MB_R_L)FC#,$#U:SJ$/0@1X7*\B@XLS5L/A5LT=3(%(DCJ:DDA&9"FP_2J9AI M_P/NX'ALX66QES0(,S@KO&X,SBG^-.TCUUF8:+3X"(I>-`;*VKB!UM>CN5GV MMX4;[K%].MSP#C?\7DS5X89WN.&/@1M>X3#GXPXW_/O$#:^KXNIPPSO<\)\< M-WQQ%*,,'%ZZ3$\&'+Z8(8>K.L>K#CF\0P[OD,,[Y/`..;Q# M#G]`Y/!V$1WF=P?^8VMCX\W:YN;:9FU'JA_104%=]Y-1*TCG=;-7+3O*+N$S MM\0!WJZGQ@>EVOXDUD&8T40O3K\P2IT%!D$`M@'^GU,9)\8BSW(+T::)L(J( MA[X/PCR6E@#VLV3Z'1:965?9JL1P2CE4M=!;G,G$<^?E;@%_:AM&U2)9**>2 M4J9BV_O!R'*FV8T* M!$DI@+<]FTXY+,%I%),>&:2SFJGXSN18A2#,-0[X_2OA58*'#YCA'483$IQ7 MVY_GD5.;:X9-@4@:4_7%53BBM=^&."=)ZU(N5XLB712G/I"*,:?C2&F66U.O M3$=#>J<"$SM'MJB+TN8=_8O8]"Z@_Y4.W>`%_BL/CJ@\\1".G>JXMC!HE MBBJ4'H!S`']O[XIB6DA?L?^;P2NTZM:&])4!@1#,:<(*Q\GD.YOKNWN_*K[8 M@D-4SP`6P`']/!;U-LWR@GZPMKV]OK&I?[&=E7^Q5VLC?)F.*##GCC^VF#.W M\H5PIV]O;]<%EW)]B&C)="Z8E,=5;:[M;6RL*437%_S/G3<[:UMOMM\@/B3( M*!KH+"C5=2>@CPB/^")%M<"G_C$<1)-6M=.%[TJC6%PKTC7<&SDXHM=+3H6? MRM]Z`(VZN;.VL;^VO>'LHN^]"XE[3$R'#9DZ5$=+:1P\'DL%"X#][D-8G?MK&Z_+=Z3^[0T)?<3[LK.YN]>` M>$WX1U#5CW#JI'>(KOH75C;3^]6'./0]CV"L?7F%S.%2W0BS1R#'K^=QX552U2-15*W'[IB/1-><%XC?IH&NN+E<:O#M[7H&S4^ MJ-<+NI7ZQ^U5RE-I9 MG<],4IE218.OQ^.)7<<.3U6.T@M:6#W5DGP;8@K0>9J: M!&YG$YJ\R<\LM6?OXQ8KC'4\FQ.9;XMM0#(@> MIE$.5_98@IOO.)^UPOX]=I2UO"6UBWJP5,#VWO[6]G>6"G!I?M8\WZ4"?N!4 M`$_``EE%&86@X4M7-0,QU@LWZ:*2+C?YH682:ZUV?15@AB;`:,=)+JUN0"YLIU\AT<.W2O?44EW[*[O[M;G+C:W*]F. M-^M[V_7I$>"S[S39\9"J;9Z_;;&ZMWSDP7SPEL;NW^<2S;LWSP7H83FAL.=? MW&[MB.FG!7I8;I'[WD5N[#W>"5:(QQ'2JBM*FLV.K^/FW#=_3OM9@KW" MI4%HC?WG-[A\9>[:J2)"XU+K432>UY#VY=9_L/>V,]I8N&"[E3>T% M:[Z4%8KCYI\*IO*WUC8WUC9K-]Q?'(<%?A_3//I$C34_V.AW7<*H5ZC7_2Z* M_B2/XS0[B^+KP2S+R5'"(0$T(SW';3H=7]"4Y7`USOOE'V4;AY7I$D08(T\5 M@5X(;N[]TPP.B8OXG_G*^]8*;KS^ECN#O(U\3X?U]A-CO?GYJOY*M%K>JXNN MU=/7*VY*S?LU@5)N<_2-,)W;I$X>N5ZBR/O"*CE<0HZSGJ(1WAD$3("CB=/[ MQM-=H?<7B'X]88,:;P+NX]$-L03N-+,I'5VR'-_'=W>^9L0)L"USF\12M*M\Z28L#F5`[8AIJPFW@I3BI,D3NB^"[;G-; M\]-Z$+U:$]>9KUN_('+MMKJPK2);K5*LC6BN]*(JLKOENU^*YL1G;%=S]2\9U[NEWQW0]2 M?-="P]R"B/6S;)A;'&5_HH:YU=)L8`4T:YAKK>-KP48^:]ASR(W=\ MK7;@NY*N?^2.KP4[^Y0=7XT.O=+FU[SCJX4>IQ7K3][L;2^FO286_2>XY6<: MQ665[K6=C?TWKUON7G-I];;#'J23]'H0AP?A=!J-[M<8VWPKG)`(;^A247QW MDV(&N4&Z\MF42J9()VZ^V:'BJ5?RUP`7&AR8%LJ,+TOP"X=D14IU)$H_OYP)*K^X2M'G+,;D1RN7#"TIY?HSB\AE"/@V((M4(M6V MZ45!]CR*ON8NY)\5=!/8+AYQ-\C2<+0VH+%M,<54\7H1A@+.[9:W)P%.A2,8 M6'=3RFLORZ0V3ZN:I_"GR&IR8ZL6VUZY76.2``5`KJ9BW M"`5PAGM!+DJ?G^\ZK6_?N7/:7E!X$M10+P#]-)S@J*KWDW0`?M:&)CR&D$2Q<(6*!PI0=3(R8*KRF!)1 M>-/+E#F9PRN:W+[[J^HIL1B6J`AKVK$\RB&+KD.%;!A>1^M!?P*D83"87AIR ME)L!`=047(ZNJAF23;KW9W-EI/*CI-9>QU-'282W4W)JM_GUNQ:C1@P9634\DAKE0BQU&R/]6QQSP1L(MX\Z%:G@)=]%@@F@\"%DOPRPAG2;;6P?DH3),-0-UB?ARYD+--0_Q M2YPBY)R.0@60[9AC-LQ7QYP\LFV+GC4HWU,'L1X^54/&)>"*JW*G5-8]]^KJI@Z11VC%O=D%ZF&BDH%5JMB M"4YE&$^I-5>K*'E17'542R14B@"?5L(WV+LVJM=J8S)=57A7O59?O=;FM3V? M79/G"#29&WQ&M5.E&VN]V:&F7:_@.1;5N?C5+JSW5&\:%YP!"^!A1V`4]Q06 MH!EF[T.#6:F8N&>P!'%4/>Q3#"J[)Q=:'`,J'>'*(PV#X0J((%71S,5C\TD> M!@<3H+4*U>-`(GEOO%'XWOGO-!;"JD]S<5#Q9P(9ZH$7Z[EBJ_(%"[N`UC#$ M-CSV@\G[44@=&0("O0N.L2WH.2BGN*6L@;R(%R&7*:IE9#B M3U?3N!J1L`R)EQG5L!<(;%3/:$@+TI5AI'I"9T^+_IY/GY*.PY*@U&'4!D>E M8`K+I_2VA!L#&P!R!!ES%!74C<>K)O4V0JV7N;-/\-O,7QI/3-#(U"MIAQ`1 MEIZA@$)K4:=&T13L]I@K`JG&J3"ZG"EHLEY&H2LO]R-6F4#E?!7OB(LUJZ!2102EC MA2VE7G2S3EYWRO8(+I(LI2,=FR=8QXH(*=K@8$4@ABB>\3C$+\X[X]J3K,+C M`D.`Q1L3[C/!DZ6WR25=$X=5''AH218!\XF"F,1P1B/!R)7G:45(X6)9'$8^ M'6P_"^53M(ELC`0'$"/=&(*FUIB.$J5N$R+N>9]E,(.3T&^5MBEC_"SA`JH M+9Y1G,,>4#DLBG$&N6/8;_,<5E/U8EM9-`(":4Q8L2:422Y:*< M4LS(#9HL@U+-@/#X=7<816&`78!$&1%\Y]\JA::UV` MO!7BNZ[&==#LD,$%.]9O)$9\DM:..@D#RW<(1_\[R]E[@`N8YG@19"ER:1!M M&30OG4*:T8PWNPBC"L%(`)#ZT%`]$*BEU+M\AD9JHR,;>EY65(3QA"G&G5^!8:43E.);T1_7T.)7%OHU#B,T:@Y_.0$3`),-^J>9 M`;8GO4Y9B\9T7TA\HI9^L$.P>VUV'66(RRDO4F&-"F@WL;0V%;%V1Q@MY-HU M^3W>4BN;T7/['^3A#"Z=8F_AG0DBJ)7#8TF`6QB>,J)31*V668C'"/]^E>E" M2SSS89272IGZ)W\%I^^"BP]'YT?!N_[!Q>G9>2_H?SH]><^@F/`OA-'\>-0_ M#"Y.\8L$B/G;>8AHFOT+4/*?SXX^'7_Y%)R>!8?'YP>G7TXN\%?@ MK#4XG7BT=L#FCH*H/]!ZN7Q6!YR%IX@F*/;+:&WH_E2K='!QX<%UGRJK=(([ MDTO/F7+FRZ$#$9\VG&3/LLE+T.NN>5@U<@E_=5J?(Y(9"C**BVV8V;B2;-$83S"ZJN..J!>M&H'1T18ZM[,":KF=@O)2"*U(24VJ!1E51"M58 M*6T+WMCJH1XK5R<+N--*7^]U]U98BDBTCD8+MSQ'/&++VA=P>1/G4TMT"G!= M,%'S=\M'M.+TXE30X9,AP_++1(\HWL<5=.?I#+:I#RH(G7)AI31YPU8%]RAF"5(HG7Y9_#Q$CR>)N'P4(5&T=G-C:\8 M(ZN%-]BJSF(+=VLV3IH*7D>)\N/4+4'I&T\P MTR`+XLB.R00A\V4HRD77@>-R,YM@MDQTJ/DJ!VL;W'X?0ZBQDV("Y',8(U)? M51D!80^=+M+:*X2]B4(:D6WEB3B\6@KNJ(=@?!UU'`:Y=&41?$Z&8"7^OV[H MMNV1P;RD@-9[-B^!_W,-!\%Q%K!T1TXPO!H;Y34T)BH=@_+ERT+VZPSN"UAQ M$A:5^BN5E@`#$HZ<'"4K9MGC7R*2/!V]I3@-%#FI8'O+RU;#4-(KKG%&BZFN M8R$G69;/1V#KN2XAM8TGEVA*N\;SA'_IV%'R-R4V\I)[7M08)P,K)S9(LXR` MY,44G*0AFC_6B\=A/,G9#*64>LDZXQ(YL`59CR><&V2$A_6RJTZ5O18E*BUS M0Z$]M--UDBVI1D9,48IJ`N&BY"K-%*>J>Y1;7X%78221M&&87UEO495^8J)9 M2RBR^!(C!4K3XEP*RN[\WXS3MJI6FIS?I@SBS[%;MB+H@G!.9K&2&U"/I10O M1BZP/8AB?KGP##M?8J7\EK-CAB'CWW+S+HJ04Y*^ZZZ))JU)652=)LQ9&ILG(5F*KK#-)(DRH;$JBP(LI MN\!@+Q5Y8F2W>ISJXX@^COG"CM#SOHS$5?7Z8[8[*V,LN&+''U@HXW:SL?RZ34ADO+$2`DQ]:`L"PMOR>8N.8IJC.(#SI_\&E1N4ZZ'F. M,S\KO^HY*\)=B:]5)OV**HHSC$;3<0@6CDD:UN5)1+0D$1O;5--T$V8QAA"3 MZ)9[TN)<5*.5##%:4G**I"I44X/Q?971APX^N\`J32D[;(4%=99MEG!75L4) MJ[`C25"K''M0*M'@)J^\VD))J8:)/U:M?<9U"AN>!Q_'E\\2$X/WY_73\_L,%?!XX_1Q4_]LW\>79P' MQ^?G7X[.SBDF>?0_GX_.CH].#HZ"#_"#HS-^+G[]Z.SL]`S?=<)13'S7T?_` M+P[@3^^/UC!H>70H)-G%;$<7[YQ90$SOX6EP MN<1,?TDRL6YTW_90O!EP'2K/D5G6K;BIW/C*"RK)>)V:E!")$\4:SR*Q[[51 M*[<-6%7_"WE2TC#X)\E<.^DS=?M5-Q3Z8\PMI.B=G+Z5^5>5`8NW^P]M3/KV MF28,L80J7`L(<^D8O^!4FJ-BW?E76C4:L]5-$-W5#,Y2E@Z-;Y4\GD<0ZUPU MG,DXS` M,UA.].9FP@Q)\RHH67+2Z"1L2Z:^#CO1R,ZGY#Z59ZC+GZ4_U'Z\#(?21__./UEJ>GK(07LL+TS^=?J#QO^N?J\YZ= M]2_HI-C>:3#PF9@)5:0D7:+1>1'B'.(V"MM_XG2.N:F>S9UW5^\)T[;*7=W< MWZV[K%5HMK8`+NM:EUH'N/2L:O?Q]G9[9Z-N;W#W]T'G+&ZW9L; MCW?H;VJUW^:&[]!/$_KP-/MX[[FW/]-Y.]M4@K=$*BL3'9[;M+%YI+8]>JSQ MMCST1E9A`1YW(P^`[7`S2P!=#[V;#S4%[R&V<\$4O%9V<(E1>$K)/[?M8F8@ M@%*90[]PH]12[K%A_M77#EU^3OMC0\39V_0PG%6[$Y4^\?9GKG%98]/Y=O@) MC='K@Y8LC]+CJ&%9,Y<#):Y^UDV-HPA#92K^&G(M.&;3K'EZ$7?=F'XP74Q` MSEW/;?Y@'F_G`[$@R6)I>3 MR"KR#GEX8H) MMY[=IX6_,8%B_3"FSGI8S6),M$CZ2^P*_MQY@HY*Z#YCN]?4#AEB^33+GJS9YAPY@`T3<*A.!L")Q-1=**VTBDK\6;/O(WNGQ)L$*# M6]>L;UBGH!T';>_+VRQ2!U%H#U(4N4GWJ&!1JA`JY!$H9P.LOTLS+!+WU=Y1 MA%7%?U6^'6.U(&+!%\%=Y4AP[;8>JZVBP@><=I&H=@0\FJ&WS2B?#?(B5.6M MZ:Q07?->WD?Y8N6JD,)6AT]2$R%$N3QA/;#W0]&NM MI`Z89H-9`X@&48'U)@;(PO;#!G?!UR@B0>29VH.!]\I`@$KUI(\UFK"SOB3< M:9^CQLR%J=HUT]@N>F7 M'H"E&[I"FF;$V054Z)&/,6&1`Y=ADUZ1+LJCNTD(/O:((>PP*4G_P)E]H/I\ M@MD^$05=@8G980Y:3\V,DY239C6O\I()+C*,AJ4Y%FB_[-%4OY#'NE3?HAXJ MM3LW!M2)GD@C,W@.C.E`%8,F=_=)NGSK-TI'DR7KAR*$AN[(*,!JW9#W674, MJU\A0S#@A&60+L>NBV`2887B/FM!-VI=V(K%-T?'UXL8N]5WII#3%+J5MML4 M;#H"BKOLJ'XNO3\I,K](.N=#RN0/HWAJJS<60(L>]5)G#&739E.D:-.W8TI? MJQ8P+HIL@3P/]!XO<&85.$48)NAE5S[I;J5<"@E MCS;F9`)*)M2A7!0/O"K]TL8T==,0/BS)JLF`2H"-!'S^`#1-A)*&6(A&;FH- M,Z]A*JS@;5<:V6@%+ M>Q*6790SKPY/TMFCEW-)]!G; M.Z_WWRR)EU&NT6*^);;MGQ_WZ_`SCHX^]9\>^>*!\#/ZYX?]?STH>(9[8I9\ M>'KP#)$:Y5R/`;J2V(33$F0ELW`SN>BKW?SPFAD;-H3TQAD;UO#H, MC0Y#HS&&!M+9*]]%=APRY5DQ?5=AKMV3&;E@=-JD#6_#F`;44/,0%U72`!4S M/H.(LD>XD.H/*+.R:*8S?'MC?6>?'"HU5WD48CS4@JO')J9)<`BF,Y4O;6_V M`KPC*OZIZ69:=0TMFZID,4^S."72*@\!4Q]>1KVDMV`58#^5X70Y1&%E;1G7 M&8/?"_+&''.E';B-&G'ZK.`V*LIW$=Y&.[`"]M90W<[&Z[TWV\V'3N\U@Q5X MF+']JQ"_W-C^5H:DKTSVHB'I3TF@88HY!,+N_DFR\30[B^+KP2S+B7N>@&`$ M;-S8W">*%Y.E5W`2%4^\RSM,LY>0!T+!*1N`'0I.AX+3%`6G!7BH&C7>`CS4 M,NT>C:^OI^)UM[;*>;/%(O=5*-S=U!`/P44T';;4$#M@(#5B.L60,!:Z`ASB%O4$;;=H"-L)6"B MNJUJ!YBHK7K.&@%S_WK.2F3WQ=&GEQS>;;VLTRWC='LGV)(KQ7DU]H$*!5/3 M&_PW;$44;&]0G&:GY\]%21$HQY%50:":/*N#I5P9..?%:HI'_GMP7(7Q M)%11U<>M(\2=P4&I&$`<@L&+<_BR:EVAG68MHN%5PA6=WTF1X4]8Y!)W12[/ MJ\AE(6^J<4/BW%I;JEF#O\*DDN2!CWC2(,_]QZK-6YK9!#P4P^?9G1YI)JL[ MBZAV8HBO^!32/G@ZZ<[U[YWR!EH_8FV@!>>4U5KY@D%:6$.4U'4W3Z3"6QID MC'&#VY@&W(B?ST*3QDE+`WO.`Q?47,8ENO]`XR2Y0]`KB348FNA%5)X^1$/T M^50D=>7177ET5Q[=E4=WY=%/7![=581V%:%=16A7$?JH%:%M!JV>'I;7)>PY M3KOJ8'EMR<3UEK5#=,_1F#7!,<$(4[/7:V?IWD3.,%T,`M#=IB&6<7Y-42T\ M*$80A;\K=(A`09UI]"'\$:%>PH?8Y3\C;Q^$"/Z-!\[&UZ1G.'HGP'7D4D36 M^-X&6_&C(10O7O/]((K-"&(KD/4<((H-0$3<<-D=.C&WW3\U.G&CL^+@]:$= MO)XWJ=4?[BY/556S5`=W-O>-0."A@R.VA2V9-(-1$2^'I?6W+'12O-GP4C9N M%"WY;R2\TIQRH,`G*2(-:4K!QU"CCGMJ>G:1$8X#AV1QB\E*`'41QI=-D-0Z M7.Y@RSN((L[R.('ABSN4'\[U-_O&_77"I!=F%Q^C=0]7I#Y)[15+C*6 M_+T8.!R6L_`2&=F(H6N1]W*X]6`]4]T57(H[TD64,JFBN*4L-BG0/F.@&M@Y MX*6,!TA9`(^>F?AR``3_Q("+89R9UAU46_R<#C*Y!R+B]RS*TUDV M])@C!^("6LYC90OD5!4,'MV*<72KA7NFGLYNH^5E4B0!\8D%]4D"SW,\2.-T MUGN0"Y??(49WB-$=8G03Q.@.PW9Y#-O$`XJ,5)06<$\$V[G`HD1>.3KL8H:9 M+_^4R+:?L_@&3O]O?^RP%#!?$"2?RK.P*(J\/?C;`*QQL2?,U59?)-]5!551 M-!4F#Z9";>O!9_U8\YT2@Z8(:`:Z8584B:4G*.U-\D[HJR+?$!A`.BAIJ+(3`'JSO.AK1;\!,*FJ`!#F:("TH M%*V8Q)>(WP8BMKA*$(L0?Y2NV0(7R30OG27HYJ[S734,J)A'8@-A%KF^";R5 M2Y''VL+4Y=%J3`*`7=6YKSHS:^P&CN2`GQL"SC-:#:$,D=:2O#)M'QY`G?L8,0% MXYJ(PDG)1V&",C4DBX#XLGO*<%[.%;*6K-MDS0U":&<1.'QR]_`Q_*C:V)(P M#U+["NMO(BUAM)&DJY=3$2D.,#8]E?_G8>`_Y=E(%][3 ME"E?UK0W*"3P"OIT-(:]PW^`4"TY%0I$-(05P$VB`C<4I?@WVE6S`72"(A]Z M!'#%+A#7EJ.EE(C="O@P5.$&";?%(U]MKI[1BJ*LV7.5OA'%:`P^W*T5'4_ M5K''=?[+SH/WS)_1T!C!V6+26P.77@S/;C,JG@H^=&IFBM(YDP&A>!VT^ M2*=BIH.P<`?'8ZL4@X7F(,S@K/"Z,<"T^/>TCXF:=V^)8(M>M/AT88PR-A>; M=HIL?F8#!.)[H]9?>`W(H`.P9_;M`.SKF(KZ>N9H-$M%4HM7.I'N/'U_[WI^24A>)]84@E]ODI2*[RM^1%;R M-[1CX>]"-\$Z!K;G$JA2H;WB-MU<%5*"DRN3)U*F98Y9I1Q\9E1MGSP5U?)> MV:#OOBM=NAU50I=D,*L+=0Z;6=]*'!'E6^X\AC+GK+O/SKDVL"VOK M6%J&?2W=3(K">H"3BU36@E];N(E,9R\:JPPKJ/E1%.;<:K(HN91$A774$_ZE M$R*5OZFKGY=R`45-W-'&`X>%9]0H)+IUDH:)RV-CL-_(7)#2TFHI?DC6-0?C M$BX.PP.<3-;+>0&RHBQ*5(?WC63@0E,KE,QM@I#YBB.YQ66:V7JH>91;9XS' M/I*4+S6>FK>HZ1,2?;66`!;E):8E%)=@.Q7Z/Z!FN&Y/#3&:V])79I"'JJS5 M?6.FSO4X&5*26JD-4IFJDN\WJ\']M]S\W"0(;8D5JWE$NF9*.,Y7^1QGM@/M M5FG?*[RF(>\IV5^]3^IC*B9&5PM?1("UEY&D7KV5"79Z5O"^YW9HN>\Q-0+J MCL$O&3V<^4*-0BU=(C4`Q4^2+A'F#4NI3W91J[+RX>RW6RT2/J(,7+K[?HHO MB3SA^C05R>'"?%5'A%R:Y""(S56SL-3Y]^2'HQ,DO4A64<9)_P\N;B]/P?'N MBE5!A]>VYZP(=P5;.2_UW)7A,,,<.QT'2HYD9)5BU97.R"5.(C6Q@BKU,PPD MPA]OV?B(H;O.N'D)+[KZ'_@%P?PI_=':YB+ M/#H4DNSVB:.+=TX?.--[>!JN!C^C?I#%7'?4K`Y/%^(1G60WZUM(.+_KNW.,QR>U)'(U9>*E@ MO[@*-(()N007`%],HLNT$+OYA1-A1F`VM-JI4B"T.K%P!0/XX1BKC8839*>7 M5A4@V']Q+AU\K$/4I5!WS70AC.""QA3,DV^S.^'8;:X-;U7%%5>C++S5`2EW MK^WBJ9HY5!*`XB9IMFSNJ[7_T-ZBCPWRYT[JV_$.6P+/0!7@BS'.T1G,&J6W*)-FUW1@NNI7 MN^>9,=ZY\1YH8-L"S$BI'+:KZDJF_+S"(T/2O`X:-0D&W'`<^DT#`NRB.`[O M2YV>SJ"H+D"9HVP_GBLV+-S[^D:]MB'EZX9.M0XIWR)>>W4$U2#,J"^<(_@\ MAMZ:-(UE0+HAR4([D&8QY(68S]`FOJQ;LJZ)59YAE/?H0I@ MWN)\$AX`*FP[F1CS0)77Z/G#N4J]4YS?GL!B'OD9DP:V#?E"!G]0_@]'+[#\ M>6D*%9((\_=J%I,:KV?O!X^.-UUAE((C>0O>X&PZG40F$F\B[`/P51?;N%@+ M;7]>1XYQ;9F'`O<]C%5:5R%(UH[S5\? M:37%%5A1I.N\U`=2!.7TERBA?6O*]NAH2*17L-8;7-LV[^A?Q*9W`?VOH`4' M+^A?1U1P9\V5KTP6+Q%4(?0`S&[X>WLW%!,+^H8)`*UR]Y6)>J6FZ`J_,&PJ MCC?<77^]\:MBBNULI)\`YP]OW>91+[=IEA?T_;7=]_%L*Z3882#&HUY]*^F[F]12^4#:/J!J,RN]%XO.T*T]U# M1]#G7\!-^(`655Z\BS#M.UEQQN,_^GHRC;K:PB*L,YCAJ&71S+%@ZX*DENGU MO6*R[-IJJH0;,YUHK5S&"4S*1@PC6'4A*E-=9S\H0<`,9-4!BO09)SQ M.*=ZCCO](*<<6CE/+K$TY%/5=/6"%E9/H79&]G:>ID:UV7YBDS?YF:7V[#6W ML$AG68ZB^>%`"N+1?_]R7$37_V]GRX=8H$:*EPEJ$YMNOR5LNN#@].3\"_R1 MBLW/CBZ.3T_Z9W_58M1].CQ^>G2Y)\2H:P^,9K_,;+O-<4?>-`.C61U0;[]J M0:T$J/=P\#C+;N>2\#CM`0/N.S[$?&#`FO$,CP`56`<2:'>'UHZ!:(HDV!KH MT$K,T!!TJ,T[M2+>X1/+H<5[U48TS+TG'2!C!\C8&)"Q+@[R`^`&:L`5MF*P M32@:X5L/+%)7N&O?RQ;-W8`'0%GT"/%GA;)8-L@6@2RV`Q/52)=XX(->UV(P M&9@H_.=%>@@>-EOF'\-!-&G3Q]-`'TX$!P]BK4C7,&(J[BO1ZB6G$F(N?^MP MI=B>AV;\Q=K&_MKVAA-;];VW9<"M9<]Z:W-G,>!6W3H>SJ>OFC<[NZ_G[JDF M5L*3_^+H^^3NH?@3\PM$T9P75K,QWN\^!!]N>_BP_NT-"7W,`R^=MY\@3??' M]/8Q#IWR/417_0LK>^G]Z@.=^>ORF=>^O!F9CW;B"(BZN[FUF/:VH1T]MD-; MT(Y+H!(N*\>WWVS?%Y6P;3>P@V7M8%F7@V5=%A]SV4E+.5=9(6,1K7]& M@_.XB/JC48;ME"L07:K2F4>9^]+VH#U] MT.#H>M!/W>LU;SRW)[%CS0YI&PUT<[8 MAQ#Z*?H6#U,/4NCG%/%`%6)H?XP53E[\T)X&#R41#K+G:W3W?'!$S2,Z@%!W M-N^3`X0>=P"A'4!H!Q#:`81V`*$=0&@'$*KKB-PG=P"A'4!H!Q#:`81V`*$= M0.@S`PBU@F56&^;Q9#*349E_&*EZ.E;=B#]J6V\Y?MA\2WP;B@V]AV!PGJ3% ML;@>[[BL;X7]>^PNX?*6U"ZJ$K;4L6Q7Y+13C]])LY]6FOGYJAW(8P^O/0_( M8T-8!WG\_"&/.YS?^2`-'I06_W)GPZU]3%06QOPYT^//+IXCSKLS4?#WFQR&!WXYI.!;S8X MGGBT=N!F\PXTJ',%J9<;$WC:/]6.U=>*84U9W:?*J*#ZCEQ&?"FWI^QDB0BU M1\/V+#.E)$HJI@IC5>2YY!`;;`D"DA[BM/"<$*86>X:J/HSW)'!;7MV:)SM- MI:-F5$9HY0A#+L3#RS!@J2E^6&D.4DW(AZ9UZ2E?'ND_Y_F--J=#:_UNT%H; MG.CWA\#:8$T_,`3KXM7_#!BL0#>7-#I-&$;%_%8!!+,*T5:^5CWSO0,*K/%L M"2G4!A,&D0D;_/AHAKA^3<&624@L?]$[]+(.O>R^Z&5+[PRWYN_++&'-(!F!G;=/&>47B;,AS^O.5BW^1A0+@74MYAKW78:QWV M6H>]UF&O==AK#X.]ME@'=>!K'?B:TP2!'W\$E?B)#/,?K#97;X!>H5NU,]:)M=;VK7FUK7F]KN[,[][W%V MYWZ+LSL?!@C&W.D?"PCF713]B9C9V6EV%L77@UF6TU4Q$%8XL/YT?$&-6RL+ MQ#)L,`^#7H*(A\&SZ8$\MCJ.WM;S\5Z,2>)3-[?FPM@\9+IJ'VVXY)-X[ZUKB]N?=H:ZS0_BD?QJJ\5JJ6U6@`9S(`^3B-.?+-_O(K.H\I,$1M2ZM, M2+K_1=K9WJPCVR7J`[JUMG?1WG@OVDXM6S[XFA_GXNWL MM[!"_:6',-VVUC;@_]7RGO/N&NB>/^/BZDQWA9)>7C:TN+N]O^.8&J/X)LB+ MNTGTW[_@8)%)>/=[DB;1+V@1_#NX*HKI[Z]>E7SU5UDZB5Z=#Z^BT6P2N;1> M8"$8]G8CSX=]1'`>X@5"8F*6E+SS;`(_C/X-QDE0)DV2YKO1ZUI M]HQVS&$#LNO$K'N8S:O=B8=G-[@=FT_.;N^S]+:X^FX8[@'V;"6&6V;[GI#E M=M_L[#\YRQTE\,^[`YP5/_IN&.\!=FXU2;?T)CZMQ-M[;-CYJL4.A]9U%>8&[Q(CWC-_$LNF*5G<+$JU3,N[EI M7@$7CV!YB!0,,04X$8+0;#)8_A:G-+@UC.B2#K^"BO+7[077KJ'52D![A0M\ MIJV=!J6`K6;*G>WO,N5/D2GOM9`F[\G$0ILR8FW:9^`SGO-K?JO;W.+,:A[+ M9P.LU6/)\XA3H9>M;'6X]SNK;&VIQ-M_@;L2[T4EWH]0"EE1;5TIY/+[]_Q+ M(9'G>%>63C4:6SOF>7!X7?/9E!*(5&Z\^6:'4HFOY*\"_UIN`?RC__'+40"& MLIV"O(B'8&#^'AS!I_2T9)!/_^O[_J_S`IT:9;G^'ISTSP_[_](RP#F/-D]J MLZV3>G]V^N?%A]JC>G_VY]-O\A,>58MU>8XX^5[J\ARB5Z_+:S%I^Z:<6MEN MFAC:W'^\''/C5&;3Y9BTWIYW;=LK9)L?ND;@_FO<]Z[Q=6UJ^N%J!!3M%!3Z MA#/<[I6,7(GG5DE"6A>8MGUS:W=CNY2$W%G;J*V:\24$!]C\"F:4:Q MI2LFRYY03_&L,=.)`P\NXX0Z+A$YA:9798P6@DVCJ1W4YNDX,DG4BG3Q+!T> MRN$-_OOWIW8[P=D[BR;139@4%RG;[?UJ)O--U7O3YG MS"OUC]NKE".XDGY0Z//XRY':&^P_32[58$LULGEG8_/%UY?!=!(F\E#-!EA> MQ,-]U+1,=RC+\5G?F3?C/]JZLZH]W*-O2`SMI9*L'WB@R0JG2V$%M=566(+& M9SB-SQ2P1:F-'&Q-LB]?)FJFYON$[=2&-2@XE,_&XW@84]Z%9[('A*VCIWU@ M$%SC,S.35,*4!%P\'B/*"P9/U8.)M$> M9]9,DS?YF:7V[#6WG"H4EA9"!%9>1<>9]?-+5=[E]SY`C\U\D_1I>VP6FLL[ MGG:+Q^ZQF4OD(DOD]<[6D_38S-_9)^VQ67CH3]]CL_R18X_-[N[>/7IL5A<] M>^V*'OW!YRS&4H56JDDP(:+B;QP:+0TL#ZC8`R.C%9!Z>_P&C6G+H^AK[F)1 M63D]P>)1D$64]V4$^HA`GLI#SW':H)J=#?_Z=A4/8@5MJG4I3BDVPA%P@^GSV\9'J6W$0IVVA3([]3@QI524CI3KBO;(T2SP5=C9(V9@RY MC,4Y23(\9>YL/@2K2N8Y5P9<\CECKIV2:ESF%%-^/4"'HUJPQ'.8+18+1S=Q MCI,-P\K<1N'R'DX(7J^P,N,:W3G<3,`EB!YUAGM!IF2?G^\Z%V_?N0,?7U"N M%81R+P!I/9S@R+OWDW0`]O"59LS==84ZJ^AF6C74;"%-\3A?)8M3(JWR$/!-<$X_0JK<9G&!J!&&T^40 MA945[D[M-)?OI:9PSC2J%B777B>Y.LG52:Y.!V3^U>>+0_?F19IP="#*;N)AM+DUV'RJ8R6ZFY)E3ACS6&J1 M3T9V#17WN/6/1C"&HC^#E;_)`=HVYSQ5-TC&*MRX,WC*K, MQ'/;KFJ;Z,*-4DNYQX;Y5_\0W;2M[\\JW;3WYZS%S;0G4?'$\D(&ZW@)>0!3 M9J]$Z9N=UDV9AU/8RQ+_Q`I[);(7*6Q7>K:=6(ES[4[$.06[:/P?HK)&DZDT M*\(%S!CD"`';J+7P-O$[+]SS:'_5:?'B6I\Q?%$09=7+&:/!,D>E`_`_-C=Z M0+8##J4F%A+4G!I;J#JJ-#17PD`_%.H3*U55-''!'E6WC:5&31Y3(@K]O#)E M3GLF!N'"8/=7-6'=,J")BK`&G\$3?,RBZU!6B552ZT%_`J1A.1N]5*)E#(RK M@.:X/DS!7/6P_2Y2+8JY;"JIV;S'3^&?WU*SZ"#ZW:.>%\>9GE@\/;)MNR3! M2]JV+:FK%7:YD;IR6:;-!+@\*CX@'US%ZG9SH]L[R>L=ET]_$NR_;KVON\.X?$ MS8W'(W%O:[^&Q,V-MF6T)]KXA#*ZD6);4D97QMRT5KNDQUI@C-6#?ZR:$JQT M08_S!7&!*0.I3PP[I^JU$@0+F$U+'MGEK`:EI75RY+XB+)Z61(;R>H*+[1I4NN'!^KI M9I0@K'ATEE4&)2^**R6Z)0H> M1-'M=8KNYU-TNVTK.L6I[9>-\]$T;27`3^9V+O"0OG)-8GF*GUV&J$X9QV+A M0#OL:IS[)GH"^X>5Z8"748)-PI,[,]TL+XT:W-WXM<'SN6(%)^GE:N74J6ON MW'`"7AV-*L-Y:O0H+AFUUHU_=6M%<\5U\#/[:_9BT6 M@P44*D!P7KE^V'XY#`F>%W@7HP3ZY]2FW6-?-1BDZ5=A3\2!S^)A%!`7Z6_` MDV[#S'I,Z7NT5_Q5A1PX9AM;(-0S4@3:T% M_[`>O*5W4CDGQQ.*VY0_@Z?3IHTBK@N5FFDU13.5=T?E]2!/729,AU6LDI7X M\+C`+T]3^#8*:8SWP,G`1DTB\SC%=_IL]0Q8.B#S^,HA45=2E/\7#GF+;C!N MDJ0\993X9G.#KVJHW^6$;L:3-"S6PM'_SHC)I8])FJ'COYD*JFC&&9@TX3,: MV><.2G80XR8P-9K+:DMA^R0)0)Y&P?8&U6CM]/Q32D5R<*N53#K4`^MTN?O6 M=J4-B[0@S4BE?NE+M`!^#]YFX=_QI!<<7,6HR>!_DA#^)YW@"D*FX>#O"`[Y M+)K.!I-XV`N.+N^F10_D<@2*K!=\F"6787:'=>TC_`G\3PKL@O_Y*<3:<_JO MZ%L\3'O!YRB;\5,_PQOCZ10YJX?S9$,LO_M76*`V/)OE]*OS=`9'VA_CW`CU MKW_"*<(_+L+X-DS@?Z]PU!7^%G34G,9CP2D(Z2]1:03'",!BAV+RF$[$I06:F2KF41(H M5R76\@[S@7X%#=5<8],F'JV5>*KN06:^;(D=S঱EV.9B%F+MZ"?H2Z3E MBQF;VR,[BRL7R;JCP&LMMVKM;O2$-$SPZ-`BF$0XI'&?;YD[-+1P=L@S0K?, M\;SQ[I0"C+J2:(C@S-+K>%@5RS0C`2X\*OXB!+U`=*(.X0FW(I_N18J,+AY% M(+C@W+([LN7B:5'2/XL?]5);M[)ILRE2M.G;,75>W.$`AY5.K=$)M^%4%_7# M9Z"8K]C$P/_`WLL;'!.*'YE9Q":H?TVS=D5$4-!>6A[(]L#.#;1WD9SQ&.XK MJW`HNVM):'-3JP!]Y&(4R*SQ]$DQA$=,XL1"D)G08P1F-%DR[D M3=[77&4'K"W5K,%?85))>.DQ)B$..$%^26])C`,/Q?`Y'#@.EK$*@I54Y+'C MM`^SO&*EGNO?.]-+:/UYE.'J0WM(MMUVHE4=K4I==_/$==B;"8X3I,3+;4P# MTR51PI(6%;@:8YRSD4#4HP+.4C2'"@_-G_5'KDU]'>'<%IN@5Y*L,331B\`X MAHU!'VS=3!B^ES]0N7]J](>W>6Y]*`TL() MQFCEHYU#9)-9`O]"IO5G?JP%I:J3F4XI_HJNKS.4VHA\XP.:N;7R-HO4013: MK5:R@32^O.`]55.2Y!&XX<`!(.0R9%^D=>UFC"SK:- M?$/YQ>F$,[)J:>+HXUOY9587H\5A9_X'.?&>7'?^NT_&0X8%I).;2%T#R0K[ M":33L_0'/0"GW4=J6RC[:BM_%%F@B>`!P&6("$!Z/"SJ9`;+'NL=?.PTG8K; M!^D?XFKTE%P/+\&7NO"LST$ULD:**IL5.E]L`)F-F*$C;A0 M^;[!46"[[28:O9Q+JA/SX)7( M]-X*CSM;7,]5CHHL+2?FJ26U9]'!D3P%'(FPTJJ()*W!A\RI6VDI"[77-`NU M^]CH/'53Y+KK\-->AP9H.FTF0,]GU]1B"S297"B^I)S[M%[<7D;6E[QN)2/; M9O[+DY%M(?_%P\^Z]-=RZ2\G#52;_;*^M2#Y-2^I9?)C<[-:^HOEG);)=BU* ML2U.?[GIEB[_]0/FO]K*??WVD!FOH$MM/5)JRRNW.<-@YYYZE'BB.1B(FU:; M@NJ)I)Z3+XL(^[>2)4-]D-&_NGQ6E\_J\EE=/JO+9W7YK"Z?U>6SNGQ6E\_J M\EE=/JO+9W4!_"Z`/R>?1:CEK79D]'/NVW?-M9ZT_V.S^`2%*8G%C%C",V'0 M[M$WKKH'M9V?".N,)UJ;5<"F+`D=HZ8AVU+YL5,=W6=+"#85F3R,9$^!$E$_Z?[A^`1!/C$61VQXKI9Y<'U%< M!*LFB@NMD`C>X5Y'VV!>*`QHTD=P@(%I2JS8]_]\L9@SC4F51B+ZZ4J'P!W\W'RQM-P76,^BQ<,TY'34G!EU=<<7R!9HF. M1$XX)"6M![T$YR:?>#[JG`SQ6=` M/PJO:=3!1.P03=QBL>]*^]J5RPR(TA+)?!QF$9EJ>#GP*B!"FQT1$<2V$:)>L:8K MTUW=0Q%?8F.._?8DL`ONM]9%.M3;DT!O3^CL:2';\VDNTB8(E9^5O M\]513G@L=JMZ);%`DB9K]`QA.'BD#OFZ$F"$!O4P9BA0`CE1=[T<,.HW`29ZD4YT#84ZFBX'AC@D)>O2R@*E0T8$M!-?R.K>&XDRBD/H] MN9^V*,AM10,&1T+G6FNB@2:?6)=B<"?0I8,P^8IR]Y*O$X9`.$J;9HU$S!&B M+MW9>J.\7OE&R;"QU+#%5B;5!*3'&?];#ZFA[0$O&5ARH@6(N&;+J85W)J-0 M<]^L^9,L%TRG#I;?));&`<]$UR(6T3O))*_%N_%^\V_P\K!KFA3'A#((NG27*S.0RLJ!$,XR\9V(MASQ6 M29Z49@I[PVP)8]=RD[=@N^H#D;,B'R/56J%(,TO5P'L3-+$'>,-@U4/R&!:R MS?LHA2V>@O2H\$L_2$(@,IP86V44YYABST1(D7)DC^C2/(>U3+U0:D(59V?G M7$6?K:-RNOI7/]5\Z7E9Q-V7M:NEC3H@IZX]Q@N'OY,#5J7N=T7$L1PJN MRKPP\GLL^4$R4#_<"7*%F!"&O6X@ND`%N)L?GU:/J;7LN<4&.RF96,DLN1$J)-;Q4 MPT*`$'P&9<2N2VJ,>"?&8'D:G*@G>N#2IQ@84TN1BPJB`S69"S0S)_T4'&59 MFED)3?*>APK"QN_1)S1<(1N1$*;#)ZB;"(3_B#LC*?)&]XJQ@W&<&Q*"_ZO8 M2^XY9S*Y((<2SW!*2CH7U8@15TS(H&*D$!YIWY!YUKH5D$*"R1E$==R0/4W\ MZ,+T@-:HJ>,%':.H921N.>K3-5=PS M5"-DG:.]FAG`'U3T_)P&LO"8C?SR-M%YV`$$ICU7YS5UM;VE5NQH>UJ6T:(5 MZ8*L!P=&ZSH6@E':N#Q7:Z<,%427X\"9'(AZ#3->)`DZF2$I^.9# MRL3;@'?]D[^"TW?!Q8>C\Z/@7?_@XO3LO!?T/YV>O`].X:_XKT_]OX*/1_W# MX.(4OQB\^W)R^-MY'EU2)$V]) MX(+-N&4[=J9%![JIX,Y*P<2G%*F1@KI,^9C52BGQ84[JN M*,\5)1+A$W-^K)RK+&`\)LV>I62G)4A%:DY33((,PXGEJU+EJ/%T@$>3PHX+ MJB7:R[9W(ZLLH!31QT)C9$-44*2&^?99`>\89-Z1H@?]6/-=TH\"V\;H">S9KA\3K&. M7CRXC#'+B41K[,]A5B3(Q$U<;K,UMVY$7T;+EN!*3.TV@U$`:7:$_AZ#XK0_S/!V M#R:.0N;>$>4M.UM>5K]#B?I7"K02WSJ6XRJJN9UC3M#GB=7:0)5EHN%-1E.N M*)Z>]!U8>;WH$G6X"2S99TGEH^K(Z*GK5$IB/J6?PR&(E"XH6<:[9H6VJ?PZ MG4CE_)42A/!EG;EQ\JPHK[$^`32B"2DKQB]9*@+'#/<_BT,57A(CTSOLT_A) M8YJ"SQF$4A&<8C==^!Q2.)JKAB82PC3GK.(=^L;J`NVT?APIE<3P7ED;Z+W3 MI>M1)71)L<7-(U4.:NO.( M\EO*;'47Q42C2EO5I^985+^<=I%E&%<*R_DD:)BX#C\-X0O$LJ8&IUN"%%(ME&SGA MA#XRSF2R7H[W4+32HD0\+G)$V-G3B>-D;O6CX,V/1$24::90<=VCW((HO*$C M"693QXEYBYH@+'Z2M02P&2\QW*2L.*RCQ@@Z*#&NM5!P)E*KT8HSV\AVZ\ELLW?QEE&V@O)[_LJ,Q4Y/U8I3!7YD=G`"B62-$HQE MW4MB;$*5AY*L64SX!>9D<+LI`5,E7GT$6?'3?A>.'\ MHG+W/29OHZ0#_%)E]I"C!U%Q&T65ZZ_&;_M)TE*73SK-K5[2VNXJK&,A;]AZ MNU7WZ2.J9JPK]V"+).0J"^5_<^VC2H8CJ\#)#RTA8;A>?D\I+,PF2OFTE2@[ MZ?_!]8/E&>S>7;'J0%#@])P5X:Y@]\FE>C98S!FF/>@XN'OH2V>*^$DB M=O:H4!&K[C%6G42W;)/%N9C>5L[26.%2;D#J1&$3F2"5!-AQ4R16I2H85%&U MB3_K_/LL80CW2A"DPHY6HPQIYT&I-"D@1/B\VD1%&<&)/RFB8S;K%)\^#RX^ M]"\P.'WPS^#XY/#XX.@\^//XXD-P?OS^Y/C=\4'_Y"+X\^CX_8<+^#PX^G1T M]A[#V)_Z9_\\NC@/CL_/OQR=G5/P^^A_/A^='1^='!P%'^`'1V?\7/SZT=G9 MZ1F^ZX3#Y?BNH_^!7QS`G]X?K6%T_.A02+(K5(\NWCFM:TSOX6EP@JMI1U>]/O.TL:D<"9Q-&;AI:)*XD$1``!R"2X`OIA$EVDA[L0+4U+( M'C!>9\Y=A59Y.:Y@`#\;E@0]*\AKM0@4NE8:'81_8R3KY4C:W=[7>$'_B#D%B:_-9U.Z!21V-M_LT'UX)7^5 M"39E$0]_Z`<@A^UK=!$/OT;9[\$1?$@/2P;Y]+^^[_\Z+[#;Y.@;,^'O8-&< M'_;_I8_(.8[V#NK-SGYK!W4"?_@K..A__@RZM.[$/AW]]?1[_80G=JH*V%JX M659]E,ZFZ>>7KGGYO:T19'-0NP1]IN$G=\NV8CE;A5HU/N>1%?Y)64K.5-HO M;>^!#*7&\P=4@[/T5O*0'96'Z06?XM$(=,@1%<1R:(MGTU2S'N@4H");=[>N MO$..7/@(;_Q$,9X?K(5-WS"]PO9YQ^;J!KQ#0WF"`YQV,'H,)JKC#QW.8X*X MQOL^3'."#J'4LD2C<[#;9TL`V1(E7'RQ)R=LP.X![5_23D=5[P96[B2LJ MS(QD*R1`F@^S>"!YA^H\&XW[+;.UJ-N"Y#/F:3Q`XYPO*$\1HNQ4)<(@,K$G MHR)+$H^K`IUA15RY@Z679[@7=-7[_'PW-O'VG1N:>(&[C1YH+X!3&.(4N.#] M)!THR$#_0]Z[3WGI&:R@E]E7R]2!%(<`27;DNG*7-Q1Q'TGU57''K3WMP5^Q M0M'T'9E0&044>L$@2[\RM*#Y2*(B(PQSX(A(E)ATPIS-E6_Q<8,227&H`GI\ MZC,:#=4K:Q9K*I2A[RK,]?RO&96IT&E3X/(VC*FC@\H$.(I`'0>F8IJ(LGL> M*.(37%#;]@)D1_CVQOK./D]'%'3%48@E/[J%'`L8"C`(#J,AW81@>Y-&&NZJ M`7>:;J95=YUQPR3E.*=9G!)IE8>`-,=<-585W8(.PII&773G M+[A6E'7!T"E?-HZVZJPEN>3FL"U@4(XV#&849)%0@CMFS1S7'"!-_))@9#*O MLL3('4SZQ6#TJTNNL@'52:Y.LW;1NBDC3K3_QYLRLG#) MW9"1;LC(\QXRXLS@",PQ?9\S.!JL]Z<8P<&!KSD#8W2*T!LUJLRT<")I$@7B M0QW3OZG=(,S=-I+R"`N[O)N?QY-BY@RWX*]115MVP^(D&L,K95=,A>XPO@%5 M/)%ICM_]G)*%Q'=C2KHQ)94Q)0NYYBFFE"PDJINZX2_/ZZ9N/(^I&]WK& M/_Q@XQ\6BX4_B.XY28YS7R+'%#;1QHF.H'P0PM(24#N>G.PF?CZFLFT&%.6* M0K'?,7IITI!NU4)T0WQ.,6$Q(3&1;<4)Z`V-QEQ8M5GM8FWBO1F$&0$?%RQ# M^8A,C3ZFHV\#_#^GZ$#L-L9@#M&\B#!!&]PAA_PCQA\"OLW>%<#!6#2A,GMXKQP`0'OD5(<%YM?YY'3N'.YRS% M2$DQ0P=K3%FBJW!$:Z?6L)'6:EP)$$6ZWD!](+?`27N(ZM2L#MV7Q@)R.O`K$V-4\DZU%1^$4XD" MK#Y$87X#,YMS9,V]`",J=3HI=0\K=EM&(9P824\,>EN_D M;N&M[XQWJ,-WO3-,/-)>^2J-=%C6*'W]YLT;9ZO`R@ORXFX2_?WM^O2E+P.(N%5EDZB5^?#JV@TFT3S2,60%U44 MR*]5-EB2[!_`;_T+^QO?ILD(Y](,T0%35@Y[$,,B^,_@W[1_0*O>P<8;I+?4 M%,/BN(]3\!KZ['0M?0T/X-^;&WMO=G;5EF).(;X&\?K?O^S\@JEM?BIX8=$O M_]A8W]AXO4?4U]%2D6W/\[#)(!;IV.QDU7KN<<+^+6C].(WLX./,4XW1*7CS9]M=0 M45("?,_@K=O+6SA,WNN]UV_\Y,6C__[EN(BN_]_N5H76-63TW2U+ZAJ*RI;K M$XO5.7O9THFOR*B+3AS8]4\:$G.:G47Q]6"6Y216GF!;Z=@W]XGLQ615%-?! M),7P:'O!,RPJUV[^_\W@%3J\K;--7-V-BH5#.>$@O8F"6[#;=M:W]G]5_L=V M-M)/`&,-&?F_Z(/;-,L+^O[:Z_6M/?V#K:3R@]H@^I?IB&?ZV+$E.V8$1N1- M&$\8)1+>YJI;JIW"-#I[5YMK>QL;:VJ\WPO^Y\Z;G;6M-]MO$_!.(NB ME^N.TBQO?XL7M0V%.><*G$3%$PN3'69Z+R%55YU%[9+C M=:-:(*?M07-PA50((0[,;>(/6%AC`N2K3D10 M.F;@BU)GJ%[.$7/+793>E__8W.@!V4Y>3R7@*'>A1FLCU9R3RZ9.I?6!GL(_Y^CV M(/K=PWZ+)X:UQHGNX+".$SM.7(X3,:2XL?E`>NWXY)VEV;Z<'_[RC]T-#[5, M1*L4-K0./!2Z-GQC"N_K%:VPAYO[M216/*&52%Q^$[QD2-S<>;Q?WMO9K2-S<:)7$Y7=Q;WMW,8E6?JS/;A'E4O^, M!N=Q$?5'HPQ;?59P'DO^53DI5__2121^ODJ3E?*1S7V[>403&89653)T`?H4 MVW7:]$STPP/U]+)74/?ZUNGSNBH/05]KL[%UHP7FE#RUP*I1VTJY]CCG&A>8 M=LUE=-EDDMNU8R_`?+'J)CEAB81;U9-NA\M+L(U,+Y5NHY'UTO`!:>17^>ZZ M!BA5@E53B$C$6T,GI&>6"\)#_!+'0+CE3S53R';,22$OF-ELQE&*Q.EY9G-: MT9GUX-"$CZ[1[);Q4.,XQY)PM$?=\0(UFX9QH\V]7W5EMLR+UDE!YQ36_?SH M*CN7&>6'S2G%5MO5>=-R$/CKBJ#::+*D$O5#5D:.F!ZV31^$TL'"\')@F^B MN3GP3=BN*-C>()R!G9Z_(X8:WJBXU\S%T55N>F0^.!6U-/U.WSWX.X*UGT73 MV6"";7)'EW?3HA>\!^,69UQ_F"67U-SP.9V$6$#VK[!`$<<-M#TU3H+([Z%Q MAU,U5"/*%[B<0&`_"P=P6C%597(@JK(<5B+48,;CB=9ZP74\6J-Z-IP"M"93 M(U5ONJYA[\DLO.LI6-O8OC$EF"*N"^0'XE[AU"XLE1YF-+B)UB2S4O'WUFA/ M_60%$Z&?7-.29QKI98*B/:,N=YZ@YR?ILF%[(+'=2T#]_/%U_2@YK%&>H0X+ M;4:?\IP<6Z&3C@,RJ25B.LU2#.711>-!B3*YT1O.\X]R_)+@S`J>;VI]PSH2 M'=+4]9KR-HO4013:B`-RY6EJ8L%20.K;U2-01`0XL2?-L!;2-ZV'S`C5&**Z MB+&)8SK%V"7N*CA-32@/U6LT*5 MG7JO[F!6V&URU.Z4I]=1I?I9#XI3-2S&\INFIG<&)=&$Z]G7`TV_%JCJ@+GM MR%AC@ZC`K"F5UZYA&[0MY09WP=#$T/ MP(;T2&T+A=3M^1-8`S_&3J8<")C9.`,OPU[2(?@&.L0N`^@TJRF]XTW18F@BV@>(XL311*[T_*BW@]6N^I\>K<93J,XJFM MWE@`+7K42^T5RJ;-IDC1IF_'E+[D"GZ,&JL([8JZY5`RH0[E>7G`JS)4&[0-Y>'*`Q.1 MSQ;WRJ,28",!GS_`_EF4-,1"E*'4&F;>2.+ES.>J1N)N"[(=*X!*]F#0A9>! MYI5$B3/2P^$*/F+8\+7B*LY&E?ILRW=F8!5A@1?N8-6ZZ2+2YSIZ.9?4ZISF M7$\'X$,/OJ*61S1HH(C?W MDFT;F2`B;7$@GO* M:%G6]N%?[4UK-/*<=8V+E((SLX9WWG9XNDH6XDAI-GFN!!GIA"V,Q60\#4ID MC\U^+UGQV]@DBAZ:-55!%U&]LNFW&,?13NYT_KN"E>)E1@LH93UXA_!+LPS+ M]>6\X2NF/;[G$[4XA\^:$V9='Q)D.)'$3'S$0>:LL>DA+]6$-]6BK('0)SP!+UP+1-X``?&HC8:@(%>,/'(XK?'TZ.!/`6SF=\J,])9 M_(!!)@9KD@98TSB)K"'JH655(!AV5+.& M/6F'!ZB1C$/<,=1EMS3DU(QE4_/#96$J^X9/MX:NE9P$,VK,\9QIZ8CUAV+? M,38LQ/9!6EAC-*N#XL@<(8@`^'MV&].X1ZD[9T.$L'@L:FBS"58$XN#/.`B_XN[GR=W#W7X MV-]-%,UY877RD_>[#W'(VYY#KG][0T(?\\!WI%]D/D6:\(_I[6.<.C7<$UWU M+ZQLIO>K#W3HK\N'7OOR9F0^VI'C^(;76WN+:?>UN=#(G3;'JO6E\E@*I>V! MFLXD+M6;JMI2H_+,-8JI;Y?':=607DG?Z'I=U[9IHS"W,YM^8K/)SU=FC@]S MOST\9ZGFVM6D@9[A4T=-B_3V,5)]@3T7IXD]G"D7:E<84+3M7]R;O:=?'(Z> M"B=1"XNLFQ_T&,NKD/TI'\:E\6[OL_2VN")Q<(]A0BLUY+M$O4`Y#_@-=KUKG6[5D0\W5K;NU6OO6N6&5=/L>:'N&JPI.VMG=67 MI+_T$);UUMH&_+_:B^6\^X&L.&\34V?%=59>F0* M?SP8\?Q$.&]$'Y&L/H]:*@$M6ZC)+D#[5.\95X0`.R+C19/TMD>+@"<:X!X? M\)VB*XD*E@:2%@`Z!6G2#NN?]/]PDUH:XQEA>7J,'!!&B="P=3DR(Q+=%>K!O"X+"FZKOE*_@S2>5[H%1[K@BM M?,'"::(U#'$-<\I=#,!U>GV=CGPPC)4DKD%*CIS4?DYZ3;!Y',A<*V\^U._1 MX+"(&YY@90CFI"PXYLI7A9?GH8@[..9-5FUKPKFXI(/*$JF(1B&_V<#7#M8L M0?@&HQG_1$@FM$%!O>-KHM)F_#[.HX:)G4FC<6*8#L<&6.:3LA[TX'B'#"NA M5:'B3%??N7I9"E#5?V$A`V-C]HR>UI6;/:G;[`F=/:V`>CZM3IJV2#.-"\4L MVNBHN`/UT.Y`Q>M8*"3)"@RFKV=5O5_.E'=?0)T,[XW2:ZRT&HIV!VVMD)T- M>_6P>);+)/6WL'HDX\(,O-;P4C8O%"WY;T@-F"$TBP'8!-YC/@4)%RDTQ)X" MV"PRC5/$.TQJ$01D&%\F339.H5B7]^AM"5<0.`=$+U=)2P*9V(6LDQ$:+9F+ MS8/?YBNIT68EE:Y>2:R5I,D:/4/AR->"DHXB!8V%]E6(5I4QQ9B")NMEC.+R M;=3NI[`,Q4XST_T+H=ZE#' M].\$ZZO"G.:D:/$&"[A&_#)2.18T)ZH(?A[I;/C$LFX%79!'KNABYP0+<%@. M1V-XI>R*`3H;QC=@PDRD3J_9)O&4@3G@;D>5.012IJ91<$/E?!4JGAZX M2#RDD?5$>$MQX%(:^9WIIZ\YY<]NTT+E2*V._)+0TS8:ZT[Q(_",I>IRSAG7 MGJ2N_M/0IL`0X+#$)!+Q+HS2V^22KHG#*F7)R;=!:593@(DV`3]/VPXTI506 MAX6M#O*SA0$O:E@V1B;.3,.\,+:S,B/&?)2HKI)+*E'EBE,'()9^!5^5)QDD M3;,E!-[%_AB"S6%J2!^(G!7#PVJ%7*29I>7AO8D`'DYQU7A,B[GF?93"#D]! MOE;8I1^`#B/0:&TD@BZ"/:!R;!3C#(),?OJE>0[K]WJQK=IK!"+<6/W,$7?* MBQ'S8H#0DE0HQ\.$T$#T<2_6M^'Q54GI$1`WRV"O%>BUA%09LE+X_*Q&-4/1 MM[4S:07R2-J,YN,F:7`Y"S-@MLA;FZ_*WT.:VJ1:-&CA&5=D&?O?6W2%!R:0 M7O*H6@='&J?P>+.959_JH!TC@P_Y,[]='?%)6COJ%*]8[E8X^E]0ND0/7,"4 MNZI2N6IT:>`:H^:E4TBS$9=4SFO+)8!PJT:9`BP.X&`UZ)/0<*N,87E)82-% M=BN60?IFR%6<$HR$.)B;?.>X.'D+"%E-P^DY2LO,I:.>#TX,#+< MT3=&!>#==W4`1:FL)C=6DHXC>Q<8P[0.5A9($_MD\189!)NJ3+2*9=7A(\`J M7A`JD"W\<-H];`ZJADK("Z3+__9=WY$_IJ5#O68J,,U<92O#M:7&MLF:Z(;7 MNJQ6((G+RJEA)K\"PTH7((A32G]6?K!#L(8=O2+$;9<7J4@0!:)L-YM86IN*$Y0KS&BZ=XF+ZH$= MK1%Y/647L#20AW,9?8I8''!4)61*V660C7#?]^!>P?\:AM M//,AJ3ZK&CKHG_P5G+X++CX3 M"_P5.&N+3^<$7+5#Q$+)R7!:'!5172;`1B8S+ M7:7%=D-,V&F6*,!K6/TTQ:IZ#AG=1`KRG6UE%L3"Q0SWW3.W@CKBOG(<%6RM M0@SKT-:I%24O7FQ.2.5HP)&M&V-!>1X+R`NJNB7WK[QQQU5[S0U4Z5B"ZBHN MN6M*"!/CI11*$-R!$@XN"L928,*:"GI%E?%1(H$]`=(=*\,^"U0T2"K[2YU> MEM@5&3M-T6<%Q]_RDT)JVM*V+=A'26&'`]42[66[P.KE!93"^&)`T]&3TN;D MD0ES4S-T$APIBO`XK--``HTO38Y"(C/XZG^UF!$^;4$>7TY$WEF-(CZ(OGH*KZ.=[TP:4D5=ET//NO' MFN^4>!71F=!B7S/.T_F:2 M5$*&U7S>Y"ZN?JW.)`-Q;`NZ\B@-WU%4_>3RB`LEB70>1,O;,+A$,P=G\EH) M$`Y_E1ZJ'J(Z]S`(H<<)P^<4=:G$9]?-$FP-.I@7M-62NF?D+C:-7ZOS+ M#*\3JE9+UJ,79/J=G2TOZ[FAA+\K;>")9QW+,16/U*CJ;>=CU^!3'>QV3*YB MQ$^B2U205I2"6@C5V;`F-@E'%1^"PQ>*@`ZXTB/)N<1-B?(;#&Q\%,6$/4<4 MN&8"@1G.S9*6N+[.B,+FU2R_BJ?P)AKZ@K?!D2.&*F[.5#.^E=][![KWFHZ4 MLN48NLI5UE+#FX_N2H=S_Y.UAZ34GJ_]I8PR99P.ADO[F2R7@Y2T`P2BQ*5D+J1:Q>:]&(R MMVUWRL$X1@&KTDP1NKI'N<4XJ&1&$D.DWGWS%C4X7\QU:PE@PEQBC$09%3C+ MA/):_S?C3+]J`)G;!%UFD&HBLV1.2F!7L>,\T]+)CJC'4W4`QFZPP9:BGNHF MLT,NN?_?K!E-O^7FYR9<-TO$""W4&>:1UH_*G_65!\69;?*YI4RV$;9XRRA& M3"D.?T'`8A.\:N*HRCO2R1RV)U&O))9M9%!.F-/VF+R6$/EBPB\P$H[;36'O M*O'JXX@^COE.CS!0>SH!\>XYL]U<=]CHN5*.,`O,1`@)0HXNNCH.%'G)R,JHUB611/HDD1I_1W5X68SQU22ZQ<^C;W$N M=JF5*3(FJB1<29LHH$$3*E%(Q1@/XHB)RN&J80`F9JI3D+-DEL^L0]`&>(4= MK5E59!P-2O4K^+X9.!B5X1.4AYGX`_DZ@K!.,=7SX.)#_P(#J@?_#(Y/#H\/ MCLZ#/X\O/@3GQ^]/CM\='_1/+H(_CX[??[B`SQ$PX>P]AEX_]<_^>71Q'AR? MGW\Y.CNG@.W1_WP^.CL^.CDX"C[`#X[.^+GX]:.SL],S?-<)AWCQ74?_`[\X M@#^]/UK#B.[1H9!D%T<>7;QS1GXPO8>GP,XZ/X%5VTH7VYS'@9/*8MD'0SVCU2^&'G%4N.Q[R\ ME2%I7HFHFKX'/EMX)^/D[+0@IY0E4ZFBP[K6G#9A,K$?S_F.=5WE/&<60CL% MSW8A=E?PW!4\=P7/7<%S5_!\KX+GKFZWJ]OMZG:_N[K=K@*SJ\#L*C"["LRN M`K.KP.PJ,+L*S*X"\R$K,+L*PB>M(*2:BD>N'SR5*I[W(8T*YADB93XX*!NS MJO;GDB9\RZ_P[.T.X-LTFXQN8P/"PFZ0RB9,4JOF@K6'R>RL-WRGMD7L*@G+ M$D@Q0P..^*-HI9 M8BIE$#FO,*$=K\]G>IR1R\@'0(:\E$(K_%3'M'@6NQ+,,IF=)!,)X:Y$M"L1 M[4I$[UTB.E?8]LSW#BCTR9)'*J/`AIM7Z=UK7H?J"G52'>U6K!+:UQR-CI^C M0%.Z3:MNM958E%2I(>.G\O\\3(V'/)N!?,H%M!PGO"8?FJ*DENQ'2!Z<5YS9 M!FW5.:[D33Q5J:>$UH4B`!%?MG9IP+BPF=HW2[BC*TD"#\4ASN^G!(VU;&OH M!(@2E+!*&<;DA(:)-OWS*85AM,R)K*I'^B-J."X,DK/XD-[""K*>IDQ%=@V0 M#>8^-\)F%/S'7:_L!JA*D1!6`.()RSO)8L6_T:Z:#:`3'$^H.JM' M%C0[+:RP,*%W@X!P/*G#X!P(J,9BCCCFN2&3DJI&ASQ-@):D$)5/`HKC@0G: MC8,TX]E7.N5@5,\U/AS](GP&D,FW@CN#@%3GN_FR?#UPGS\[VPK620 M+-]0CF)6Y18+\80;-RXT%(^<]I%S MQB8B*[Z(HA=U4UDY-%!"BFR)\G8M`EV+P'-I$2`$ISE:G#XW!RZURO-*_`7K M5E)NR7EZS3HTGQ*/[=K5GMZTRP526!>Z41P,$U&I>>7A&0?8[D,>""F M2$7Q?94?+:2@TC#^SDO;*+?GU7NG0[JH1V/2@_;P]*UP/1]4!T/1!= M#T37`]'U0'0]$%T/Q%/U0%R@,7OWZ@*45:W]445\1:OZ3OGBA^D,92,^HG^3 MQEP!TU=#W_6%%),3[+[F1M<+T_7".+TP9>RU+R!)!5SP783VT.1L)0"17_Y!R#!K:"8KEI6] M*&@IX2#%""#6M!MD83X`*E:&VY9F9'9=,5EV'1EE9\9,)Q[H99R0489#I\DR MYY@K)2=2VL$L&D]4%,#,0P4CKN#K3*8"RQPO-IU_?VJW\R2%/9M$-^")7Z0@ M.@]Q^C66*JZRH1B,`2NTLJ^F*D5'*=+,,4#PVWE<6&&TZD6D4KDK\*8YO%-] M#7VH83LR61XGG;^M1=\H!:U>GW/KC/K'[57*6"J""5](1A%_.5)[@]R:7*IX MH*HWV=G8?/'U93"=A(D\5+,!CCYGVT4%&5V=*XFT7__ M@F/V)^'=[TF:1+^@#O]W<%44T]]?O;J]O5V/SWE_012^RM))].I\>!6-9A-! M:B(,3X'PE*\BV+@7O0JL4;48#)',KA-5A$SY6A"A_QG\FTP)H`X)<6!+W?57 MMJ>?C-J!+MW>VWA=1<:Q)X@?6RE.8_DXQ-93XY,"*S>1.C2C!38(,[ILG%!G M#4G7%JP%M&-0]@;X?TZUM`0`(I;]>/VIM)\2C00LQ0C[P4Z3_AG M2YE]UA\Y*BTX'E,QV%4XHIVZ#8$O1]J;XH+G*-)EU>H#J3EVREV56+PU/1MT MD.1Y5.3A'.M2PU6W>*/_(J:^"^A_18(%+_!?>7!4!AQ^67?1R[=:_?T`=!;\ MO;T+C1:KOI#_Q^#-*IZN0BE7!C)9C"LRBF_A:K]>W]S[53'1)CQ+/0+X!9'X M_HL^("!N^O[:Z_6-U_H'6W#H[@^V:WW$+],1F0L.P]N,G%O5(G#_2TJ&$H.H M^B?4=KBYMK>QL2:?!R_XGSMO=M:VWFR_>0E,#?(,#(,H$F.L;O];QK?VL]0\ M?&N+@;P>=4/0ZYT*)SXJZC78$7L=7F*'EW@_O,2/L#F?*%NW`K<]Q]D8.C*B M5^@.!\'PM'2H1*-SX(A9WLJ%^XE[7TPPRK.Y#^<5^,^AQBMX'DZ!0W+G%'1. M06!,_N=IYEO?LE9Q/)G,I!K\#S@<29.?CI5A]:/>BO+&-=\2WX;B?3@$3C]) MBV/A[7>&?J.->X[NU?*$*JCU-SM^ MH/AX]-^_'!?1]?_;?5-!C5_;6-_8W=EF0/8216V[N-6+>"\7U^/A[AL/=SNK M.*P5#W=_?7?_1_1PD1$OTD,@D0_O8SB()FWRTS\N?+H,)=]:D:[AWLBI$;U> M<7?2]=R%Q#WRBF1_%$9,QY857M>+_[$,R][6'N^K2%KMGE>W2,ZO5TV=Q?%.XZDZ/(LHM*9T45ZQH4U/-.Q6#5M M(D6=KGEFEPVA+R=Q!*8`2T3@3GX*L^%5L$6KVN76!2[X&0IAZ!SS/5VTAO)B MC[YQH1:V]TG@7Z1[P>[ULU3>^BZ$\,E&2GV5D47P]F64YA%VPGI\G` M.0J_[%[>T]_>+ZR>@<2\I67^2^=Y%;.V\> M;9$5XC_EP[A4WH75X!'E1^G_:\Z)FYO+K^,\IIBH3$IZU!NTLUG+9"Y5#T#_ MP]VHUQO^Q>[N/+_%MG;#7F_Z;UB]&'GP13_DC=O>JY4EO_00KMW6V@;\ MO]K==][=NEECQP4ZLZ:I6=-JA9&_LJJK,'K$"J->"^5%/9D,9%.FNV.N03(Q M;(SYK>[ECNV!4?EL@&4`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`>+9GT_4PR?9S3+V;_G'\MY")GF;,&#B=UEM)A#V0-KL?;*UMR865>V MMG+9FKNA]RI;^^WG*E;[!4O4?GENA6G.^76%:3](85I[,R0L_N"`W\[.CF&8 MIYTA,9\V[KW87MO>?-(9$G.)7#A#8O->,R1:FZ4P?V>?=);"PD-_^ED*RQ\Y MQL5?;[R^QRR%-H8CS0WJMSD.#RX22\RTMA_+=9&HX^HN=X(*#5;]-D=,\6V]=-F_/;NO?-T^%>; MW?OV;.3YXOU>-G+;7=UEV\VZF=0/+.Q`$LMNCH;%=>\ ML?O$4P$>7H3A,NLE6,TR6Y0-X51VJ-I M[EUZTM!.$WG4=FCG@:31$T>@5G.=][:V[Q&!:I7N54S_S_>@NRTOS-IK MSV`C^&=HYAI)TOPPI7P/Y?L.H]&,VIWR=VGV+HIR531URA;A.+Z)TB1Z_9F+ MTN\QB^SUT_O:7OMUJ1IB_W2\K>U:`_:)`@I++,MKI6(VZ-/\;/$ MA>_J)?#/NXO;=!R/B[MW<(\V5KJ)!?[C)DKP1M[S-FYNO'D&C.J_C4LT'[SQ M3];;W7D&,=H+>YN;G_=-R]A#+4G2"//HMR)1]C^\TS#,.L+.'?5+MU M*%19>T3/+.2TU)JK;3^XYIVG6_.SM=>I@*B1,2#=]]56G2>O/ONZ--1 M_Z&;[QYL-\L=0$^_FV2Z'(33:31ZK![>Y[F%S28KEO;KX08L/L];VW"3^(JV MOSD/TO;BXB'^S&TO[6RG@[?W,VVG1KPB2*P_X^+J#+YU38;.:M=Y;V^[Y>OL MTNK5%.\GZ2"<]"\S'(./S7R?LQ3\UBC+[Z1QN6]V+SNEVW8L_2/?B@W&++>@[;OE! MN.4!AS(]LT#&`>S2#/YT&.=#%-QI$F9W#QW1>#"+_P'VMX'%W_Z6+F'[MX6_ M\911HKJ=:S\B@N-,F9SE9A*]WM@P@?OX_$/_[.@<:G)Q?'1V?!YL9&`(NS1Q1=Q,.O4?9[\.X3/2$9Y-/_^K[_Z[Q` M+E1HUK\')W^='P7];!CJJ;+.,>@#.AW\+TYLOUER9I1S/A9"GIY*K)\?E(8\ ME5]AS%B-&^+)WS"$->XO5B!OFC@P>%H-"$^ZH8#C8GX-BC#\XUB][YJN8!#]WXPF$:^[FU%>\LD[(R6D3E@'B2%EEA%'X;12">X@$Y3!$C8R"YD2*7;#4< MDDVCH!AD/J;!V`'Z:E6X^'4:'6V=6CBZB?,TNS/(@F`"%;>(\B#\K)!H7<*^6F9?+=,A0*:/R88B0@G/U@(CD6:.*VO#[+RUISTR),GW M!1,/8Z#J6STV%GO!($N_\A`Y\Q%/ZG*L2#YAL#C-M_BXX<*E&;`@7`S]6>T8 MTK_@]*^)\CP5GICE%#F`9PUG8-/C!;-H@EMZ'>>,ZGA[!2<_F!$")A"21SR, MM,I)/?AJC!ZZC@=0Z-9`@HA)88^(RW^W;]4<^(N*>7<0+E,&X;_U,L>/.$N_ M2(L`WDG:R!=I)<'UN<$S_3O$(0^5?19"KC^.'>HX=TA8R3\_#\V\3/)#S5W_ZJ M,\&//<0Q?#%GP:1>SK`TUG[+C/O_V-SH`=GV]+]`C5@LXFLS9U$-S!LI'("$ M6)EOLQR#\H,YW4`1M+'$P>0Q):+P/I4I%)NRB8&0O8.<1Q[8UI:R! M%O#2%^B6A4,11KD=J+3$:(_E:%R@*)4H!+!?;@,PO("#LI05AQB0<$LS$7S# M5*WL)7"!.F7]QZ"0]5(V30`AU+1(_FZ%9AT!9IL-KY/Z*@4WB/ARK`@DP(B1 ME^%+G!SDF"O=DCQ2VS%'+/- MOBYUKZ\`A;=*%IP'8TE;QI>\**[:UR42*J2U;V$S5S=U9/`3UUF2^`$Y38P0 M7K8ZRQ#BMJ&I;D>,29L\ODQ8N5Y'88ZV(+E$=\I!*L&FE/PGO*4Q7,+IK*!; M!%8DF"OP<70]O:*QNBCXLW`DXTF5XJ87UJ_K^--Q%

)U<.U-J< MK^O![51@WB7:HD_,ARF9GJ=DHC7A9B%F:V*V)F9K^JS,06=K(D4!"O@PD=.S M1,Z!6L\@3Z\PQQ-S/)'#`7DAF!R.Z9\'D?Z)-C7D8W?,#,7,4,"9H>BMSX$5C8"2"6C`='W,UOE.V6X5A)L_N[U:(/-JMU<+9+[M MUFKYF8<[T.`/+[YBBBY:')C/K6%>R,/L730UO!J!B;UH.W!L!P\?W5#30'-^ MJP["-VD1QE>D6&3T*>DL[#3,SJA((;*T=\+^Q.7/CY:_/S*UJ-'_\IG^[Z#/ MSIQ_"H*Z/G,0N;V#LBKGZW=P6QF8PSMTFX/)9)BKZUVN+EK-L+<`,2<7@L^]'925#/(@"7-L,<<6.1DY&7-I_5AH8+9$;2,-/GP09&=V M)1S@$F07=R4:W&]=X+K)RVNGYS@^J#%]<$^KC&-I-2X*@D'N#3^OI)P@$OC[RL)![@T M_KZ2<(!+X^\K"0>X-/Z^DG"`2^/O*PD'N#3^OI)P@$OC[RL)![@T_KZ2L(]+ M5'VE*^$`E];?!T[\?:#U]X$3?Q]H_7W@Q-\'6G\?./'W@=;?!T[\?:#U]X$3 M?Q]H_7W@Q-\'6G\?./'W@=;?!T[\_5CK[\=.JVN9[*(+-QJ=WW_9!'RW\I?3 M$EE]\;=V)R&4P^JK0K5_":'BU0;(@VY1*T^0CVOD'38#CGQ5]JW#=\"1OZF1 M=Q@1./)53;H.9P)'_FY%3%[1:K5=RZ%[1:K5CBZ'[A6?5IN^'+I7/%KM"W/H M7A%IM77,H7O%I-7N,H?N%956&]`D6FUC\6FU4XW_TSR MBDVKS7`.W2LVK?;+.72OV+3:4N?0/6/31L'BL6=L&C0*?GO&IL&*3<>>L6FP M8M.Q9VP:K-AT[!F;!BLV'7O&IL&*38\]8]-@Q:;'GK%IL&+38\_8-%BQZ;%G M;#I>L>FQ<4ZLD`.@\9A![F'@25C-?LG6#(6V7O@[(UU9-5U9.%6 M?$>#`KCGNJ\BKH/;\-U3<58?JLNJ-JRW*RZ+]`_>6X&B_R'WYH-;0!Y-">_X M6"J@@0W[#!KV;1X8?LFG4Z.)T1XO801\AUK4&T(]QE M99K3IMQ;.#^1WE8/[DP@5'/<7I&WUKYX]JM(`*3$XU:*M#T4A,J/6RDDKA[Z MSG3'V4DVS^##6[P&C3G;:&Y@S.T@;VQZD74*.S-[\(8#\5K4(=U,VE,J*NQ< M;K0JO'/@W,)V3 MQ?#"M^S"-[CL;;09_,K"F]TN;W:#N]R*EZB]4D9WB1J#-S^)".H6Q'!*[8!+ MRQ^@C0SRA!9KZFA.A[&F#O+Q4/@8B^>HB^>`RZ%'RQGJ=1"GU7L\*S+C?`=A MVRH_VU7)V6]J+[H@'\A[]7;D68HB&=L9NW*'T&DW_0KO#`'Z]5^]2N<8`& M--SVMN&\[=4'B) M/(,VET'N2.`U4;PFBBR-+(WIMZ;IM_`R.M!\\&`.,W%A9.)N'D]ACR5@EWLQ M/1A[+&'([!_GPPR9,+\!\*\RW@I%OA=[(+TK'U*N#2;U"TP.: MA65V\G5%[MGG:I@4E^&\[1[D8G;C?G&[N/:_VW55ZI76(C:036[_ M29]%]$2DP+H25G%]S:)YF+TH4OT4HE:17A/JGV>&6$7"-M!^?'ZD$9_\;;?_ MW2*FRS#+0O9L%,]/(6KMX^2)9).[.QJP)/?4KJ<"]#V'@]"H>!"=?!@. MLZA!`\#%O&RL,DF^+K+I0YB3W/S=]/T9BQK2STR2962VT9HS&PQ`&^5Z4P]R ML]HFR16)DB>2%V1V'CU%,_IAP4Y#UDY']*IM\8M6XD$R(_.2$ZC?97.O_D(0 M&:J$K:/5X+,5,5`7DMP3@Z>G$+6,5(G-JKV=3*?I(BF6C^0DS^GGK=24Q,). MT!I@=!%C25R14,C*%\DC8=%Q8U=(R#9$XU&@O%MH,-M/M*V'I/L.II'<9A=IDE?371C;>AREM+H M-Z$+(BC=`%_"*A4,AEA%/NZ/7#[$*O+C_LCE0ZSX15.\3E&>3/]:1/3KX=,B MF3&;HA[#!+/A,(O[3DJXKK#11_-[&+&O$AJR1O/;19:7C*+":C+&!O9+4I@\ M6HD8C*?+S@8F=S-OH1*R<@:5;4\HZP3KERAA7_H7Y4Y>69>(5('$ MR9S!,M!`^PL6]>*KX"8+9U4L1&//>92SNUCRMZ$99=4&R&-&$7HU>@ZU^3S2?[Z\A155D89K1P"K,7FJ(A"07 MR31>-.Y-"3X[^O^472^0%_3YSF[2*W(7DVEQ1NV`*+RQ8H1-W)=I<9;2>>,E M%&;*YPMRD[;7E%R1'C]AE5?"^6.LO=[1%K./\/3E#Q+*/TR4PO;1]KB:HACA MZBE+M_^5PO;1LNE?!SJ87,H1OF,C?)U$/6OXWAKA>^L*7_#:!!^3IT M>`.+UXQVJT\O3Z`8Z%8+,P\A&@$`M]9SB$8`P*WU**(1[G'K/8UHA'W"*9G"V,>J\CEK*%[W.:DR]I0E[$ MP!K_;&WEI36KLD@:U8CB_O7_M$:&L4UO_:_V\(D1F)G_E/Z M??409L5),FL4V"DS@Z4D9C+&H"=GU^QK*&DZ3<3YEDGTFN5J(E:1GGR6Q6II:'<>7<+Y(9>5;B ME8RPC?LIC.+E6_[Z0,E)C;DK[1#O[^3V.BK8@\QTBT,US+(&7\.\.$_+\Q?Z MRB/ZZ^33@AJ7^LDK1MGT\%IW;M5W\TE-'+=*UB;6Y4M<'AZ6:5Z?TW`F6+[Z M$59.N)-D$<:5^Y=&84(AZ^@449E,SC;&"VK*Y>,1EW90B-I&&GSX(-A_[$HX MP"78/^]*.,`UUN+JU/2T@DNP;]^5<(#KC1;7&R>X!.<%70D'N-YI<;US@NN] M%M=[)[A^TN+ZR0FN#UI<'^SC&K]^K?'WE80#7!I_7TDXP*7Q]Y6$`UP:?U]) M.,"E\?>5A`-<&G]?23C`I?'WE80#7!I_7TDXP*7Q]Y6$`UP:?U])V,9I<$[973&952?:(E75CU5RR='XQGY-9%!8D?OF:D2EAN_5?21:E@@L+N_A- MN[J7AY2?TJS$>)D694$[,KM(5D5S56H:#;>A$3O)O$G9SF\%ZC,#VT4N$;/Y MS-L0Q!O;:FF7>,VQVL'Y:W3_0/+BOQ<4`\3,_);#$MBYVF9=%LG@]<=O'KHC<;Y>+9_\8R MRBM?_(G57Z#?,>*2-H;C7.A0WNN(R5.8%#"_E(%WI,DJJUTN2. M=X2\?DB_J1O2J@>ZT*)1%H.C*1>*H"!(CZ%.UE6_JZS2,2ZPUU_ZU6>G^)XJ M_TC;^-O6SJQ.GU^/=^]J=Z6-0[_+HA]A96?MB?+&/3&['*>0=855=55.+>X( ML>0;1R[I"*+V$$?(=1=3 MM2-LX&XDSUV3)T)G?ODC(O%,ZGJU`YRB5CAADS$NL4M2133B+A&;@W6&DWXS M?/QK$3V%,8TLS4&+AMG0X.8ARHH7K0U*Q!P@5-B;7-(^3HEM"87LH],!LXS) MQ&:4PNMH=]R=NNQ)?31?Z_5MV&17WH/44F?M+;!GW2:E[6[:($$+6I@N<7UPNH3=N5\%$W:W[^FJG;0/^*\%O5"7&G1N;('2H-TL=0FZCI;K`YMR^S2EY1K!YF.#'K5<$=B\;-"REN]D MPF9K@PZV7!'8G*V%#YNY#;O<:29KDF+Z!S=>*3KQ<`=@\K>_,R_6` M3=AF77JY+E[PM;!W+]<`-F_W[]W+]8+-XF9]?+DNL$G=K*"MIL4/K&UJ`,RU\,GRE;LG[[SB;Z[U1BX%K")O--$F6="P.9P56MEK@%L M)M;]MK@=L'A<6&N708;.W MK.@H1P^;GA75$;D"L/FYV]V;XX;-Q]WNWQPW;`[N=@>O:ZC`YMMN^_`:.&QR M[?87KX'#IM=N`_(:.&Q6[78HKX'[0Z-5"_,:N#\D6O4XKX'[PY]5$_0:N#^\ M675)KX'[0YQ5&_4:N#_,6?59KPMU^<.<52/V&K@_S%EU:J^!^\.<52OW&K@_ MS%GU>J^!^\.<53/X&K@_S%EUBZ^!^\.<53OY&KA/S-FXO14`K^35;4A?`_>) M.8,&U0+>8$[@M;M:P!O,";QH5PMX@SF!E^IJ M`6\P)_`:72W@#>8$7HQK'?BXP9S`:V[Q8Q;%];T`>+4MKH+T#E\`O,K6:=WQ MGO4ZO";LH(O,^K4VK%6%S;XK5PB6?6J:&@%FYK;O>F7 M3>]J]+#YF;^3MA9K9V4!\-)<,B4:"L#F;'$?^_9*@DW?]64)H2ZM]02;T-6J M--2`3>^?TV_Z1>4'O0M565]3P*MS*35I:`&;PG7W:@/@I;G:^-D%(_GMH@!X M<:ZV-HW[FV=E4:A&;`B\2E<)^C(])[/%E$&BP2$K@,(KIMR$SZ3Y7F#3>?N] M_,;J\51<\HF5LJ(?B^NN"S:S=[K3LQMY,7D*D^(FI6^&U^MK*`2;W]L*31)2 M?HE,[D[NJ%>F*ET_I-^:7ADVT;?U:90>XPJ5RR]K:`2;]SM+3GZ5-0!>G:NM M2KW94GWQB[,D^+=Q[RT`X)6\I`]#]%[]"B7D.U#`BW<)&HJW[RH'P$MXB500 MM,,#7L5+H$7K:PUX^2Z!`JT*,P'PZETR#1H';L!K>$DT:)[G`Z_D)=#@.BKI M<7F/?Z4)\+I>`DW$R0@!\")?@E;WZRWD:SU@<[94#P%9`"_J)5-E/?,Q`%[2 M2Z9%0P'8G"U00-3:OM8&-H'?/$19\2*W;MCDW4(OLFG8W+VN0-N28;/V.O85 M;.!ENVK8*JM=%>[ZSU M>PSTO\,BK5_D0T;NUM=`3J8_WJ=/KV8D>L4N3;(_'+$_'+T.CHZ#'Y_SV;_2 MO_K'>3I=,&2-317^5R?/4;FR%4"YP%[-BZ_HHUFU MHM=-K,>39@8G0L^-#$W,-Q/[3.[#^&-"M7J1F%1'PI()55-*#6C]GQV;C^0I MT&N[Q5_(2'306`P"KD=F4U/C$+[44HZ-"7M M4^YNV[?`+VWK&&W++]NJKXR6D,IC,XEU225MV-=J3IE==24>C(EW)_/L>C6P9F:Y,['HQGX?9 MRV])^9+(;#F$K??3JXLSL46]#YA%+7^K94_+'QQ]KW^R:4RE';$?MF\[Y1&F MRF26`I:_@?;V];9;6WK@J_.HMBJ%-:T]Z_9GD11_W^^DTA9'7\I]D;U2TR%: MC?/U.;C=A34XKC87D(D&QT06O]M`<8X"==]-!F0:/]:?+_L&^\');\*2?)+0 M[]TBBV[+DO?YE[6CHQ5<[0"GJ$^269FQT!M]>Z`[?M_9ELV^+\_L1`OM!X$YB<:OG` M#!3#*G'W/)E"IO5H%4(]MMV<>\_8.WW[^O6[MU+N[8JX_7C<\LC8^9>\`7[Q M8^^Y:2HFY9,X1@(^>`*67TI?`1/)[-,RPCCN&(,^!;K]])9&\);*T8EFQ<_L M5A&9_?)#D2W(ZB_3I*"K=WF=Z)[2;+0*9'\> MC;+LYRYJM"AH:W??V.JR1')HM8@-9)/;?U(SB9Z(%%A7PBJNKUG$5EFC>($4 M8%?4*M)K0MW'S!"K2-@&VF79(NG;;O^[14RB2BH2>")1:R'W0QI3+F$UH.HT M1&'@+9!S@+'D/\43U8A;L2`:<-*WF=SSFEK2YRJ7M'+B66;+L[[J'1RZI]QC MJ$6+$]6XD5B<2-0BTIQ7\F*5"N]-`"M&V,1]Q8K=3>X^/D_+LG>EB>FQJT=9 MQ/_Q.9P_QEJZ:(O91WCZPFJ)&.)L"=M'VX/J%"-U8*VT?[>U0\7)$9 MF9<(="ZZSU@'*R9=H=E@]6A&N]6GUZI2#'2K1;_UI1II7X\>@8!BA'W2O'6FE6W*5QE-[0K_OTB*A5;*V]J24NU%6GQR;T.2IR>1L833QE#(Y6QCU7E$L90,?+S9_DLRD%=O; M:$W&6+Y/;K)4->(VG[8)7)6L3:S:96#UG?-)==&=3,XF1A/?I)*UB57OH^22 MEFU=[9R@>"1I,7(=8%?VWL;1`[)EI(WF%3U`FXUR\:1-_(3)&!?8]7Y#/P)P MT3_!*;#S:\`FN+N'Q)9RAG8$NWMTW,Y\@(U?=)S?/JG@Y\T(K6 M'["+Z.F1/-<" M-KO+C^HY?M@$KSK`YQK`YO?."3^'#9O.5>?^7`/8;+YV.8!#ADW7LFL#'#UL M8I9=*.![E+!Y6'S9@&.'S;DF5P^X)K!95W,;@2L!FW15=Q2X!K!IMW.)@<.& MS;6RZPTROQTVZ\.`:@`!%3;E`]N4S^O5/L@##"-, MV'S/Q:V;P33?\]IKP.1(;++G69.](=C`H1][;LZEV$P/(GYOF^D-P9E`(M36 MY&:U39(K$B5/ M)"_([#QZBF:4?=CAQMIAAUZU+7[12M.!NK(.];ML[M5?=%52"EM'J\%GJZE- M7>9.]_04HI:1*K%9M;>3Z31=),7RD9SD.2D$^PM*82=H#3"ZB+$DKD@HY"XE MU>P;1A$2.M_A-U:B9V0(H?+VCA2K%AF$4MR]%.H;)T*HU-U+0;.`$4(M[YVH MM;8,G98ZV709]HT:(50"-]-5&4Y"*`:^@1HPRH";`5<$I"!J?_?6`DC)[UZ6 M+@YJ093\WE`/($6^-XDRUUUH`++@B=>[VI@EA85-T$(P&P0+F*!IX#U?+%2" M:QUOYF%!$O2YX,UMA@6%3E0(NJ(`?!W6[`*BP8HH'8/CC(XQPLVZ(Y2L*R+X;JK'B9I`VUIMCM-LJ=H2H+Q;:##;3[2MAZ3[#J: M1W&87:9)7TUT8VWH7S(SP6PXS$[A%3U<5]CHH_D]C%CR>'9%HOGM M(LM+1E%A-1EC`_LE*4P>K43,76*J:="M#$6<[Y;W4$0>J$"H=V*JA7G8`J'H MR29:Z4(8"+5.3/4RB&L@U#CIK8X\V(%0XZ2W.O(("$(9$V-/K5'":1$34R4, M(R8(Y4U,55+@=UO9Q%0!DU`+1,D34X4DP5BGW`G$/-)A;/IA4@]6Z$"3PEP$ M+.GA64F/8=C2("^-8@T0-`Z\M85%0X#='UXN\H_/X?PQ)GWMZ,VZ'2U_;+3\ M-9"&`RQ3!PN#>%<8Y'!,QOGB'-P^`1;_.&B#@LE!6.##NP(?0S&)06Z<81$/ M+.*A=E+0TG*PB,>!%O$8"L]`_?S'0AT8:N&Y"A;CP&(]8LD1MK"QW*S M]/C<9G`9T8#.?)SOLFRF"+$STRWG7T-\=;X MX40N>%L/L_K0;/`"$F;NH;W@*3)FYZ$!X!$/9N`=6`;>97I%9F3^R";I:T1O ME4;T'Z/+=+3Z<9`V!>QV'B;G>9Z<=Z#6Y'S=#FXG`//VAFIK,)D+4_H\3^D; MI+4,1/CALFSGT8V?,+,3,0L"9A<-V/I`(6_Y>3/.VQ&/<)B.J]/`G M,5&D!5KJH=B$;>Q]ES]N>!FM(@KPY@8BC:!A[>8GJ7ZSD@JQCD%AKF=&).I]I/0;NIB3F=!YK3.2"J@;H5 M@+F;&'#9_+0_R(,6S-'$'$WDU,%P*N9B>IJ+.43;./1C6\RYQ)Q+4#F70W0R MD`B8/X)R2GGJF$3,=@:E$BWDI$DA<+0NF.MX3[OGY<.KGMI96-Y<$^R4BX2L MHU/D7\KD;&.\H)96/I[SL-#`;(G:1AI\^"#([NM*.,`ER$[M2CC`-=;BZAQ, M6,$ER(KM2CC`]4:+JY/'9@67(!NW*^$`USLMKG=.<+W7XGKO!-=/6EP_.<'U M08OK@WU<8QHXJ7%5$@YP:?Q])>$`E\;?5Q(.<&G\?27A`)?&WU<2#G!I_'TE MX0"7QM]7$@YP:?Q])>$`E\;?5Q(.<&G\?25A'Y>H>D=7P@$NK;\/G/C[0.OO M`R?^/M#Z^\")OP^T_CYPXN\#K;\/G/C[0.OO`R?^/M#Z^\")OP^T_CYPXN\# MK;\/G/C[L=;?CYU69S+9)1=N-#J_?[()^&[E**%:O\2 M0L6D#9`'W:)(GB`?U\@[;`8<^:IL6(?O@"-_4R/O,")PY*N:9AW.!([\W8J8 MO*+5:KN60_>*5*L=70[=*SZM-GTY=*]XM-H7YM"](M)JZYA#]XI)J]UE#MTK M*JTVH#ETK[BTVJ/FT+TBTVH;FT/WBDVKG6[^F>05FU:;X1RZ5VQ:[9=SZ%ZQ M:;6ESJ%[QJ:-@K=CS]@T:!2,]HQ-@Q6;CCUCTV#%IF//V#18L>G8,S8-5FPZ M]HQ-@Q6;'GO&IL&*38\]8]-@Q:;'GK%IL&+38\_8=+QBTV/CG#4794@/ZM([ M%G_#.O%H.9NL/RQFY;YH[^'7@S\HDQED.1*L^XXV@(4"G%/%4.N[/Y$LO!>8 M4-^6">];1E3]KMB8(#9,`%;I#8N^^U?T_>!-R?FB'=QF`%:"'Z2A^&P9"F6+#VDDJ4'[V)@LB_6,577,85;,1P-QL&>Y;Z*B`YNPW1/ MQ4%]J&ZJVO#=KK@ITK=S;P2*OH?<6PUN`?*!F\H@[ZCLJ8`#-EPS:+BV>6#W M)9]&IUDTO:"6_ES^OZ4]G:>7:7%%[F+JGSZIL!9T M`NI'GDCY![I@IB0II('B_J=T&Q]A-[IA=:,#JY0=8]O)/0Y+/0L&'I>`#.'7 M7DKUT.1EX)7"MIL:&""'W-I``1]-T=-%;PWM9X;.".I2TA'./TB8"_2H2`"EWN)4B;0\%H0KB5@J)*VF^,]W==I(Y<_#A M*UY9QOQE-">\?7GP&9JPLY0/WC`@7H$ZI%M(>TK;A)W7/'"K&>3]`S]K9/B6 M_LRCRZLH_[-:^>>D"*/XMZ1\8Z:&]=.(74NJ?HK^D?W:J^KG1M7OC;[7O_BW MK(;`09^9.?_^`G49SNL\YP.T&>>KH':`.#/*'$^C": MTU&L#X-\>BA\BH5@U(5@P.63#]G]/?_5.$4 MR[M++]':G0XZY$OP!V@R>#T$DT?0;G8=N@WRP-O/:[T@DTH.T&`&>6CA15H5 MR`21`[0`W%!T0Q,#:WMW'N5LYX(R7=MVSL,B7&Y<"-I'BLSG`S.?^O?$!L1^ M=?2=_RX0(P)V_P-30/Q)`3EH\W&^4`?WN8_9((,Q+C^Y:3AW$^$E@ART.0SR MBQ^O*>(U1639X;$LIE_*TB_A900,V#P&>3"%F9C8[P;[W6":ZN#25,$JY5&_ M&PS?,7S'A"-X"4=H)(=_50!SCS#W"$;N$7H;6)2,:4@'DX8T7--RG)%D=@IV M1>[9)V>8%)?AO&W^]4KK45L()O<_I,^"_JI M+`76E;"*ZVL6S4AC2L9LV^DLE/0EE,FYP)C&BWDB\-)J41M(OX3/T7PQ/UO, M%W'Y-LMMRS,*ZIY,GD@VN;NC`4ER3^UZ*D#?/44S^N'`3C363CCTJFWQBU;B03(C\Y(3J-]E2W!.#IZ<0M8Q4B0U M=A6`9$\T&@G&MX$.M_E(VWI,LNMH'L5A=IDF?371C;6ARUE*H]^$+HB@=`/U M=06%"@9#K"(?]TTBRTM&46$U&6,#^R4I3!ZM1`S&TV5G M`Y.[&Y+-HR04!T\;_8B5$Y`T*^[2.$IO%EF24C32W5ZYI!.)VO2[?/^IVJ<\RME=*OG;T(RR:@/D,2,Y?8BG:?'P)OVFWJ-=CZE\(E^<:6Q&E8'K-\S(MH M3LE']]D@'>7X&T*O1J_!5K\GFL_WUY"B*K(PS6A@%68O-41"DHMD&B\:]Z($ MGQW]?\JN%\@+^GQG-^DR,^.,V@%1>&/%")NX+]/B+*7SQDLHS)3/%^0F;:\I MN2(]?L(JKX3SQUA[O:,M9A_AZGP!A:O&>U6GUZ> M0#'0K19F'D(T`@!NK><0C0"`6^M11"/)G?+ZD-* M3?K\C&4-)TFYGS+)/I-/F6 MOSY0'AV6:U^7^ MI5&84,@Z.D54)I.SC?&"FG+Y>,2E'12BMI$&'SX(]A^[$@YP"?;/NQ(.<(VU MN#IU.:W@$NS;=R44%7P@&N=UI<[YS@>J_%]=X)KI^TN'YR M@NN#%M<'^[C&KU]K_'TEX0"7QM]7$@YP:?Q])>$`E\;?5Q(.<&G\?27A`)?& MWU<2#G!I_'TEX0"7QM]7$@YP:?Q])>$`E\;?5Q+V<8GN%W0E'.#2^OO`B;\/ MM/X^<.+O`ZV_#YSX^T#K[P,G_C[0^OO`B;\/M/X^<.+O`ZV_#YSX^T#K[P,G M_C[0^OO`B;\?:_W]V)*_YSN;)OKO;<@E;>*\(F&>)M>$[1636552 M/6)EW5@UERR=7\SG9!:%!8E?OF9D2MAN_5>21:G@PL(N?M.N[N4AY: MID59T([,+I)5T5R5FD;#;6C$3C)O4K;S6X'ZS,!VD4O$;#[S-@3QQK9:VB5> MMRLG9R;;!0;CA,!<:-*[NG)65#011 ME,D8&]C+&2_3NO=:\C)D]A4MRD]%GR^C!Z+>0C7>@Q2:K62),[WM7Q^B']IFYNJQ[H0HM&60R. MIEPH@H(@/88Z65?]KK)*Q[C`7G_I5Y^=XGNJ_"-MXV];.[,Z?7X]WKVKW94V M#OTNBWZ$E9VU)\H;]\3L6/B,0S MJ>O5#G"*6N&$3<:XQ"Y)%=&(NT1L#M893OK-\/&O1?04QC2R-`M#8H$7.`4&%OW M81-=>0]22YVQM\">=9N4MKMA@P0M:&&ZQ-VY0`4*=[?#Z1)VYWX53-C=OJ>K M=M$^X+\6]$)=:M"YL05*@W:SU"7HSG4NB*!%VY5+_)UK7Z#PRWJK+L%W[H:! M!M^(E#@O=3Z_02G0L^DJ5PHVVQKV7^7*P&;A#5NO$K_Z;S@O#% M76"Y"E[0>[,Y!P<.F\J%'60Y=-A$+>\LR_'#9F5ENUFN`G0VEK6AY?AALZQY M.UJN#VS*[=.4EFL$FX\->M1R16#SLD'+6KZ3"9NM#3K84JY+!9W*0C+M<$-IE+FN5R\+"9?*-.N5PUV*3^5=I!E^.'3>$=_-WC M@&/8W-W1X*IY8OH&-E\K.O%R!6#SM+XS+]<#-F&;=>GENGC!U\+>O5P#V+S= MOW6ZP"9ULYZ^7!?8+-ZKL2]7"3:QFS7YY;K`IOA>G7[YW18J>$'_K0;#'#MLGA/A&UJ,,QU\,KMA9T/.9Z^,36H@[(7`^?*%NQ M?_K.)_KN5F/@6L`F\DX399X)`9O#5:V5N0:PF5S7;)EK`9N[USHR<\BP^5G6 MJYFCA\W*LB[.'#UL+A9W>.;88?-OJPDT!PV;;.7-H3E^V"0K[!S-H<-F5J,V MTCQO#S;;KO6:YI!ATVN[&S5'#9].5UAA\ZA)'VNN"6Q.U;2VYDK`IM8-NUIS MY6!SK[S;-<5Q8:)1#A\W>LJ*C'#UL>E941^0*P.;G;G=O MCALV'W>[?W/WI7T-W"?F#!K, M";QZ5PMX@SF!U^YJ`6\P)_"B72W@#>8$7JJK!;S!G,!K=+6`-Y@3>#&N=>#C M!G,"K[G%CUD4U_<"X-6VN`K2.WP!\"I;IW7'>];K\)JP@RXRZ]?:L%85-ONN M5"VO>O`.CI=I419;)K.+9-6KHJ$5;&IN]Z9?-KVKTKTE`#-KU_3K_I%Y4?]"Y497U- M`:_.I=2DH05L"M?=JPV`E^9JXV<7C.2WBP+@Q;G:VC3N;YZ51:$:L2'P*ETE MZ,OTG,P64P:)!H>L``JOF'(3/I/F>X%-Y^WW\ANKQU-QR2=6RHI^+*Z[+MC, MWNE.SV[DQ>0I3(J;E+X97J^OH1!L?F\K-$E(^24RN3NYHUZ9JG3]D'YK>F78 M1-_6IU%ZC"M4+K^LH1%LWN\L.?E5U@!X=:ZV*O5F2_7%+\Z2X-_&O;<`@%?R MDCX,T7OU*Y20[T`!+]XE:"C>OJL<`"_A)5)!T`X/>!4O@1:MKS7@Y;L$"K0J MS`3`JW?)-&@#[R2ET"#ZZBDQ^4]_I4FP.MZ"301)R,$P(M\ M"5K=K[>0K_6`S=E2/01D`;RHETR5]Z`FU+ALW:Z]A7L(&7[:IAJZQV5;CK/U^U5/A, M_[/ZEW\Y.AJ=1W.2L,K[HW-R%R[B(A\='57_+!BWICO];"1)69.[^MLU[;]] M^_9C5'9PS'^:L$P/]YEQD9*7E.2G"**:Q1?@Q+MOBY,MA7Z[/+DZO M+LX^WGRJGT!4L"E>T_][_V'$P//?H__!?O)5]9NCZD='[%='W_GO_DV%EK\] M8C\^8K\^8C^_]K+IE_":FO2_PR*M7]1#1N[6WW%.IC_>IT^O9B1ZQ2Y%LC\< ML3\(V0?4+S\8C7AE%_EY MN7(50+G`7LV'K]BC6;5BUTVHQY-F!B5"SXT(30B:"7TF]V'\,:%*O$A,IB-A MR42J*:4&LO[/CLU#\A2Y.:QC71K#&(W!MC%D6;7BLJR]X-;W6PEL1ZII`W[6W`YMW8C*TE%^I#MET<4N8I2PE1O]&9V/HX"E2`)L3; M=PL;0S/;VP4'>29JA"G*RVG?OGXW'I>3TK_XQS5[F6]>?WC_3AB3B$7<[D-L MEB$GNS*80S]>WIRES^C; M#<;O@S=OI"S=%7'[0;KET;;SW0$#_.+'WG-W5DS?)W&,5#U,JI;?:%\!$\GL MTUS"..Y8B#Y_NOWTEI;QELK1B6;%S^P&%)G]\D.1+?7IEQ]R M$^I29(5:1L`VTRT)(TK?= M_G>+F$2U623P1*+6@O.'-*8$PZI*U8F-PA!=(.<`8TF*BB>J$;=B030TI6\S MN>=5NJ3/52YIY;RUS+]GG=H[.'1/N<=0BQ8GJIHCL3B1J$6D.:\-QFH?WIL` M5HRPB?N*E<^;W'U\GI:%]$H3TV-7C[*(_^-S.'^,M731%K./\/2%52OOXDF4EKP+?1FHRQ?)O=9*EJQ&T^;1.X*EF;6+7+ MP.H[YY/JHCN9G$V,)KY))6L3J]Y'R24MV[K:.4'Q2-+RYCK`KNR]C:,'9,M( M&^TP>H`V&^7B29OX"9,Q+K#K_89^!.`R@H)38.=7BTUP=P^)+64L[0AV]^BX MG6(!&[_H.+E](16D!NWSYM7E'?B@%Z@"[0*_\ M''L)'W:-WAZGV9R]8%?O51QRO2XAZIH#Y;YQK!9O!^Y^M<)]BT;GS0SK_M MO"!U@P-WKH\7'*\X@.=Z>,'QTB-YK@5L=I=8#/-8#-[YT3?@X; M-IVKSOVY!K#9?.UR`(<,FZYEUP8X>MC$++M0P/A9*\+!&L:A M'\]NSKK83NCJ[WY/YK M%DT%Z'L.!Z%1\2`ZL3`<9E&#!H"+^2/S9)/DZR*;/H0YR2%V1V'CU%,TI)[&AE[:A%K]H6OVBE-4-= M?XCZ73;WZB^Z*BF%K:/5X+/5^J@I1RTB5V*S:V\ETFBZ28OE(3O*< M%(*="*6P$[0&&%W$6!)7)!1RE[AK]F&C"`F=GQH8*]$S,H10GWQ'BE6+#$+! M\EX*]8T3(=0S[Z6@6<`(H>+Y3M1:6X9."\)LN@S[1HT0ZJ6;Z:H,)R&43-]` M#1C%TLV`*P)2$!72>VL!I#!Z+TL7![4@"J-OJ`>04NB;1)GK+C0`61;F\+:Z M,<4+R[^@V6#6"I9Y07O!J\=8S@4-`.\%8MD6[\NVJ!JR96&2E[NK?-V< MJCE&;))1/%?G9<`VYGPU#V[7``O#H`7"9SFL M).-=)1FT(=S$VS=.+#V#I6=`5FO!TC,8W'E'3%"W,+!6#09S<+C'Y%@^!\OG@"J?@R[))W+OO"-YD1*%J.V: M.UK4D*ON2,&C;;JRS7U8@26DJG(]2F$["?E)>%\:$;M$J:X=().T@;.Y.<[V MQDGV%$U),+X-=+C-1]K68Y)=1_,H#K/+-.FKB6ZL#5W.TOECFM`%$93I7GP) MJU0P&&(5^;@_N3\,&F3.!A4_0P/`>*U9*08N!2$F#N3.&I57L MW'->KO>/S^'\,2:;&]>;=>-:_NQH^;O0K0E8[A&63_&N?,J!VY'S%3NX#0DL MD3(\*X/)5E@&Q;LR*(.VDT%NVV&I$RQUHO9P=(CH$J/H-N!1M+K M;T1>54$F9[NPB!HOY*HB8N1H<_ZL;AL83U_^(&&FJAFBD[>/F2%X'>B0VN$KY,^:@L?RV#3XW.;YV;$#3KS<;YSLYDBW+H@Y+AO"O\8 M1C+[IO#?PLA9WQ`^,]UVCCK$R_$''L[@54/,?41;PHM2F-_H2W[C@1O1(`^V M,8<1K6(7.[V'?L"$>8HN+C=NMTK+^8W29CE;30#1!)EFA(@SL> MQ_Q+S+\$G'^)'@DTMJQ;7^IBM\]VOW2H( M-TMU>[5`9J]NKQ;(K-:MU?(SVW5($1_>2L5$6#0SO#B'.;('ER,[)/L:Y&T& M3)]%@\&C0\RL]>"R2]4']R8MPOB*%(N,/B6%69V&V1G]UT)D7N^$#7;+7QXM M?WJD-Z/1__(Y_N^@3[Z4Y]))Q&SGF2K1 M0DXM%0)'D_-H<>]I[[Y\CM4#I(^I:$2BC7UZD9!U=(HL59F<;8P7U/S*QW,> M%AJ8+5';2(,/'P0YD%T)![@$.;Q="0>XQEIR; M7>"7B2GGYL'."\=._F,@L;*V9P>#Q>*`D=HVSTBD#T4Y,8+Y[O]N4DU19-\H MV]758NV+/9FD6GR*[*JG+W4!P:7('>Y*>,#URHJKD^T'@DN1L]R5\(#KC177 M&R^XWEIQO?6"ZYT5USLON(ZLN([@<8WY&LJ,JY+P@,OB[RL)#[@L_KZ2\(#+ MXN\K"0^X+/Z^DO"`R^+O*PD/N"S^OI+P@,OB[RL)#[@L_KZ2\(#+XN\K"7A< MJAHG70D/N*S^/O+B[R.KOX^\^/O(ZN\C+_X^LOK[R(N_CZS^/O+B[R.KOX^\ M^/O(ZN\C+_X^LOK[R(N_CZS^/O+B[\=6?S_V6L/*Y>A<>=#H/:9E%_#=^EI> M"U'UQ=\ZG<10=*JO"M7Y)8:Z4CL@C[JEHP)!/JZ1=]@,.?)-<;4.WR%'_JI& MWF%$Y,@WE=\ZG(D<^9L-,05%J]5QK80>%*E6)[H2>E!\6AWZ2NA!\6AU+BRA M!T6DU=&QA!X4DU:GRQ)Z4%1:'4!+Z$%Q:75&+:$'1:;5,;:$'A2;5B?=E!L6IV72^A!L6EUI"ZA!\:FC;+`X\#8-&J4U0Z,3:,-FXX#8]-H MPZ;CP-@TVK#I.#`VC39L.@Z,3:,-FQX&QJ;1ADT/`V/3:,.FAX&Q:;1AT\/` MV'2\8=-#YY0W']56]S\2GBK7435],BS!E"J@*/E"AG'N6QS<*N]J]V\3;EF553U!;&/)>$\AJUU%I_/!*XP_3OKS/ MY,&=.E"]?+*^L-EM.)59G<\>B*U0L-5>'D90N5;+00B5:R6>'B)/4PU7+D%XFW"/6)'>$)N M:Q!A'>$O-\^=*_7>POM]YV/UD,X$0TV_QRORNKLA"%*1"$FAOT998H%IF3:L91J55D&;G#T4 MPQCD32K54+'O69>*I9B+I:"+I.:S&50L1I4%86JHJ!(H"6_@Y:F M-Y]$GQ:HDH'.B]7CQ)P.VT5-1A;`='YN;-7K*^?I%?_0[_GO_V7"J9;WEX1C M-48;=,Q9`4.Q(XIMH10;,B:ZF*>09O2I-T.QHD'>HP21D88RC68H9D''F7X( M96!M\4Z3I3@BX9S8-JC3N(C7)R3&GI,JFSH2-E7_LMJJQ.^/?L@GX+,L9!$M ME"@33J+,\&S*^^P=W+D"Y7/%G$^8,AXBW=C>'\&4;!MSFTVYPS] MD;$E)X8B4?4MU,GYP)C-5XM4X:7-HA!(/\??D\5J<;):K.;EURS/_DXXJ!LV MN6?YY/J:KU+2&V[74P7ZGL-1:%32WC"'MV<0 M!49JQ`9J;\?3:;9*B_4K.5XN6:$X438*>T'K@-''&DOCBI1"(#N2.R96Q^G- M>K6L7Z?J)?W@-*Q5C<(PLS&-;\JC(K%6-AN.3A("9Y/7Q'TZR^_Y:B0:?XUL MN-U'0NLQR2^313*/\_,L[:N);2R$+B<97_VF?$)$I1N04]BD@L,04.3C_LCU M0T"1'_9'KA\"XA==\7I%>3S]URKANX>/JW0F;(I[#!?,CL,`SYV,<'UAXZ_F MCS@1NQ*^9$T67U?YLF04$U:7,1#8SUGA\FHU8CC>KK@;F%Q?L7R1I+%Z\;33 MCX#<@&1Y<9W-D^QJE:<91Z,][=5+>L%I./@UR7K!>J&^7%*+`7JSCUE6I%G! MEO93=)4HI-^5YT_5.8T#8,,(2-P78L\^N6[LWEVPFTMY3RGK!^CE)Q4[_K#S)*\O7L&HA<;P0L!PTL/X"H%YR%ESE\:Q:"_&U MYR)9BJ@K_=>PC`*U`7:7LR5_B>^SXO9SO"PXYY4+NIGJ*,1M%"1^_K_SN"+E MR37?&>9LNLK%V;WIM*G78/"=PCG[)J;$^[B\9OFP+)(%)Q_;MD$[RO,>PJY& MK\&@^XGF^_TMYJB*/,YROK"*\X<:(F/I63J=KQK!4HIM1_^?@O4"RX*_W]E5 M=L&NYVQ:G'`[8`9O;!@!B?L\*TXR_MSY&HHPY=,5N\K:'$W MMX9WM,7@$;Y_^)/%^HV)41@>;8_0%,,(7V]9>_QO%(9'*QY_$-E@2BE/^`Z= M\!UZP_?:"=]K7_BB`Q=\0LJ#E6>;V^$=+-XRVJ\^O3R!8:!?+=P\A&H$`MQ6 MSZ$:@0"WU:.H1OC';?:'0%(5"XL8Y*%Q%H?;9]DZ93OV'+-M8A-'BK?PIAI`?JUQ0-=OK1.#@JC MBR?2R4%AM'L=M104OD_9DGW.4O:@!M;X9["9EZ4S<4NY3*X3-KLLXF*E.-;0 M2T+A+%_+YSC_BQ7BZ$0-L2,$]Q:+LU2D$LY.V1V?7/Q7'_A?%$FQTD3MN@P" MLQK=NG_K'\'0&,+\VO\.A4F-!.;Y[_G^ZC;.B^-TUBB?4Z8#:TG,90QP_2X7 MBK.(`R-NE'@^F\]7RW+ELOR?.$_BK\D\*1XFUU5*IKEH6I^?`=9PDI;G*9/\ M$UN:E6A)`N,\GLW*?/)X7CGWLW3&OAOQ:D9`X[Z/D_GZ*W^YY>1DQMR5]HCW M#_;U,BG$B\QMD\,T#%B#+_&R.,W*^Q?^R1/^Z^SCBAN7^*L[!_7= M\J$NCMLD"XEU_1'7EX=EFM>G+)XIIJ]]!,@-=YJNXGGE_K6K,*40.#K#JDPG M!XWQC)MR^7K4I1T,HM!(HZ,CQ?EC5\(#+L7Y>5?"`ZZQ%5>GN"4(+L6Y?5?" M`ZY75EROO.!2W!=T)3S@>F/%]<8+KK=67&^]X'IGQ?7."ZXC*ZXC>%SC@P.+ MOZ\D/."R^/M*P@,NB[^O)#S@LOC[2L(#+HN_KR0\X++X^TK"`RZ+OZ\D/."R M^/M*P@,NB[^O)#S@LOC[2@(>ERJ^H"OA`9?5WT=>_'UD]?>1%W\?6?U]Y,7? M1U9_'WGQ]Y'5WT=>_'UD]?>1%W\?6?U]Y,7?1U9_'WGQ]Y'5WT=>_/W8ZN_' M0/Y>GFRZQ&N89"&QVN,V])*0."]8O,S22R;.BMFL*KZ>B+)NHII+GBW.%@LV M2^*"S1^^Y&S*Q&G]%Y8GF2)@X2E^$U;W\I+R8Y:7&,^SHBQHQV9GZ:9HKDE- MI^$0&HF;S*M,G/Q6H#X)L%WD&C'(=]Z&H#[8-DO[Q.N.%0;G;\G-+5L6_[WB M"%@^?S!^?Z,PZ+V@$HAY+IC&^,?>%S<,YD_9-^?)89*%?+]*'.:I81CB'7E/ MU.#Q!>:P*RRQ5N7#QRZZ-U&^7CWOXN,\LH7?Q3U%_@^1EW2QG&<#QW*N(XYNX_3 MXBKC[U+6A[%KH1_I0X])6C51FES+UHB7M]DWW]W6ZTL9A/V6QCP`Y M6;OGO''#W(+C#+*^L)I"Y!E&?2%57(7I1CTB5EY5Z M44](+Y.2+]:!FTZ(VT,\(;<%IEI'0.!N),]=LGO&G_SP9\+F,ZWKM0[PBMK@ MA%W&^,2N216QB/M$[`[6&TZ^9_CPKU5R'\_YRM(=M&H8A`97MTE>/%AM4"/F M`:'!WO22\#@UMJ44@D=G`P:,R<5FC,+;:)^X#W79??K%8JNKMV-G77T/4J`> MVH_`GG>;E+;[9J,$K6AANL;=":!"A;O;X70-NQ-?A1-VM^_IIH=T"/@O%;U0 MUQIT(K90:=!NEKH&W0GGP@A:=5RYQM\)^T*%7]=;=0V^$QN&&GQCI21YJ;/] M1J5`SZ:K4BG<;.O8?U4J@YN%=VR]*I7#3=6]^J]*E7#3N%,S5JD*;D9_?/-5 MJ2=NWC=V9)4JX%X%M)JV2M"XJ=_0RU4J@)O^MQJ^RCU=$(2O[@(K50B"WIO- M.21PW%2N["`KH>,F:GUG68D?-RL;V\U*%;"SL:X-K<2/FV7=V]%*?7!3;I^F MM%(CW'SLT*-6*H*;EQU:ULJ33-QL[=#!5BJ"F[.M\'$SMV.76ZD,;BXW(!QSBYNZ.!A?- M&]-7N/G:T(E7*H";I^V=>:4>N`G;K4NOU"4(OE;V[I4:X.;M_KU[I5ZX6=RM MCZ_4!3>IN_7TE;K@9O%>C7VE2KB)W:W)K]0%-\7WZO0K8U^"(/Y=&OQ*!<-8 M&.@;_DH]PE@8].CW*Q4+8I70;@4LP0>Q0%#W!Y8J!+(6T/8+EGH$L0Y0-Q&6 M*@1!_ZT&PQ([;IY7-Q^6V''SNKHQL0S]#(+`6TV+)?8@N-FQ<;'4*0B>MG

-F95T7 M9XD>-Q>K.SQ+[+CYM]4$6H+&3;;ZYM`2/VZ257:.EM!Q,ZM3&VF9MX>;;;=Z M34O(N.FUW8U:HL9/IQNLN'G4I8^UU`0WIUI:6TLE<%/KCEVMI7*XN5??[5KB MQTW#]N[74@_<=&SNB"UUP,W+CLVQ95(Z;F9V:Y0M=<%-V9U.VA(V;LXV]=>6 M&H3!Y/I^VU(/W#RN+#0JH>-F;UW148D>-ST;JB-*!7#S<[>[M\2-FX^[W;\E M;MP+/JDEX##X`P^'.:M6[C7P<)BSZO5>`P^'.:MF\#7P<)BSZA9?`P^'.:MV M\C7PD)BS$;T5(:_DU6U(7P,/B3FC!G,BK^/5;6E?`P^).:,&(,YD9?J:@%O,"?R&ETMX`WF1%Z,:QOXN,&A+S:EE1!&\,7(:^R];[N>"]Z'5XR<='%9OU:&]:JXF;?C:IEJ(?LX'B> M%66Q938[2S>]*AI:X:;F=F_Z==.[&CUN?I;?I*W%UEU9A+PTETZ)A@*X.5O= MQ[X]DW#3=QTLH=2E-9]P$[I9E88:N.G]4_;-/JG"H'>E*MMS"GEU+J,F#2UP M4[@MKC9"7IJKC5\$&.FCBR+DQ;G:VC3B-T_*HE"-M2'R*ETEZ//LE,U64P&) M+PY%`119,>4J_LZ:WP4WG;>_R^^B'D_%)1]%*2N^6=QV7;B9O=.=7D3DS=E] MG!97&?\RLEY?0R'<_-Y6:)*RF7<1-_6IU%Z3"I4 M3K^\H1%NWN],.7TH:X2\.E=;E?JPI=KQJ[,DY-ZX]Q$`\DI>VI>A^JYA+27T M)U#(BWODNA0*O"3(2\>I=.@\:% M&_(:7AH-FO?YR"MY*32X3$IZ7,?Q;S1!7M=+H8DZ&2%"7N1+T>I^NX5\K0=N MSM;JH2`+Y$6]=*IL9SY&R$MZZ;1H*(";LQ4*J%K;U]K@)O"KVR0O'O36C9N\ M6^A5-HV;N[<5:%LR;M;>QKZ!C;QL5PW;9+6;PEW_];*EPB?^G]6__-N+%Z/3 M9,%247E_=,JNX]6\6(Y>O*C^63%N2W>^;61I69.[^MLM[;]]^_9S4G9P7/X\ MS18O2\U%)P:^YUSE;*/E*2OB9,[7%O&'>=D69[D>]OGRY(Q;1+;XFL3-!)/VIH!?'N\I3O_[[C(ZJ]WF[/K[0^_9-.?;[+[ES.6O!21DN(/ M+\0?7AQ$+PZCG[\O9__._^H?I]ET)3`U3E+D7QU_3Y;R`7.QJ_KU)Z<1+V&1 MGY;3V0!4"CRK3-MN^KQIH65J=!+RR*["L*N/K&;>/XAY?H\:.RH M(P%D-]4CM5:S_<^>;4;S%J6-;&-=6\B8+`2%A>1Y-0WSO#T+MX^"/[-8H%=8 MB4'NB6RE)T:ET1@E/=J/]2UW3^5;X-<&=4@&%8!!U6&@)9CR*DQC4EI)"*/: M/%-G3%T)ST9D>;.R%G`'MNSNY&@^OW$=\NGJ*Q/FLY88_0>78:.S@BV6HR+; MR/SG,UK6>N&YL:O+U6(1YP^_I^5'8K.&57U8L/PF26^J\YSE\3*)U:9U%`G3 M6O]TR[#6OS_Z43^A8U7R.:/U@T;B2?"V55Y;FDQJ+0"\!7JVS=O3VMJMG+TO M:JLS6-O6NV[OBK3X^VZ32EL=?2[/0IZ5KX9H5=[G[^`.'[;@^#I[("8C)O.W M&43%60;4?8\KB*F\6!Z>,KF7+2?"W+Z"\_;UU';>!:!WA% M?9S.RBR(WNC;`_VM#Y[LG.BY`W*>1`OK=&J[Y2"5:<^NGB=YM(!#2T58CR(> M?=^%:MFFQ-OW.)P6;!Z/%O;R_M4)4[(L'_OZX,UX7#Z4_\4_+L4G/7SUYNBM M?\&\<';QY]_90R]U=$;^;UT=>F7L_27#`KW[M/0]UU:1^/)\3@0^> MP/6!^!M@*IGGM)QX/N\8BSWMN_WVUD;RFLOQ!\V*7T2\%9O]^E.1K]CF+[.T MX+-['6CUZT]+=B/^X&A99^DMRY-"G)^-KK-\M%DH_S(:Y?DO7=1D<7`6]S1S M^[FQU:6:]-!J$0ADDZ__Y&:4W#,ML*X$**XO>2*F7:.@@Q9@5Q04Z27C[F7F MB%4E#(%V7U[U4N"W-B6%01$K_D.#MM;[C$4T.)4=7\T%J<2 M!42ZE-7-1/7&&Q?`AA&0N"]$`<#)]8?OT[(48&EB=NSF48#X/WR/%W=S*UVT MQ>`1OG\0]54<<;:$X='VH#K#"%]O6>N>C<+P:/](BML+-F.+$H'-1?<9ZV'& M9!LT.\P>RVB_^O2:58:!?K7H-[],(^'UZ+$0,(R`Q]VM]F=&W94'N3;+\N(Z MFR?9%=_=9_=,3U-Z22\X#>_5)`NRRRFX$V,W#]I7V1&`1.7BH4VR4&=2QM,H MT#5#;:L[G1PD1A??9)*%Q&KW47I)8%LW.R]MW'T@`R,M-'0HP=HMU$^WK2+GW`9XP.[W6_81R`NA*BX!?8>ANR"NWM) M#)3S]$2PNU?'[7H/'75_8 MJM?%T0-2P7RW+C7"S>#][M>E M3KAIW?FB7>[M@B!UAPMWJ4\0'&^X@)=Z!,'QVBMYJ05N=M=?U4O\N`G>=($O M-<#-[YT;?@D;-YV;[OVE!KC9?"LX0$+&3=>ZL`&)'C$-$CUNRC4%/4@- M<%.N/AA"XL?-OU;GB9N`76(FY'4;;C(VA")(!7`SLEM8A=0E&$[6!EE(37`3 MLSWH0NKA7$`)M///$*LI4"<%:N-(ED65WZE-G;;\N&O-+3(IWV2UE[5Y@^B- MBK.5XQ!MA*IB^J&:@35SO)S>LMEJSEJ!F#L9U)C;B/P]\:@FS;NM?5XGZ>#.U*@YHQ#L2V(/MADB.1M?A.`Q0@P:`L\6=<&J3],LJG][& M2[9T_S9]?P900UFX;:Y&>V3=(+EJ3W;%FPV6ERG\PX.XG+ MF:W+&KMJC_A%D*81=64D[G?%LS=_T57)*`R.UH(/JBE17:;0]O8,HL!(C=A` M[>UX.LU6:;%^)P%K0-&'VLLC2M2"OE+*7;;XQB6A-YO&)R5 MZ+DRQ%`Y_8D4JR89AE+JO13JNT[$4&F]EX)N"T8,M=B?1*VM:>BU5,VNT[#O MJA%#)72 M(NV[K#*W76B$LF#-7I]Z4Q89%:8A"WJVTX)A9L-0`1HR'8ICID(S9`L46=C" M1P5E<$2PF]K*Y7&Z+$]B=[*LPVW+JAXT$D\:U8\:R6>-?FR>]C=:HT.65D85 M:(*K0$/FAF)B#^ZP@4K6D#$&Q7U4XR:X&C=D3G0,2$5QJ"@.%<6AHCBTY`N7 MH[`>=U`5'5KBH3"?05Y74=D=RU49E=TA%B<6ISH]H=;I(:.BZ_D!8\F2D",WT.@P!":BHD9!2&*160 MQC>E/8G`37-5`YTD!,[F\;HX76?Y?3)ET?AK9,/M/A):CTE^F2R2>9R?9VE? M36QC(70YR19W61L)BBRS,-,9RZ8'8?!%,ZQP_6%C;^:/^)$)/_G%RQ9?%WERY)13%A= MQD!@/V>%RZO5B/E++'9=E!N7(MY/ZWLHHE^H8*A7XZJ%^[(%0]&:7;2R+6$P MU*IQU1I7 ME0SX_5:F<57`9:F%HF2-JT*:Q5BG7`W&/%TZ%*2D)ZJP0B:'ZQQ^F+D85)*% M;(V"8JF&"QD/)N.AJ#,_Y#30HB_K6?_A>[RXF[-'VMFK;3M;__9H_>-A&!:R M3"&U$Q%"!M3P91`"Z:0 MX0SL>IJ*HE!1%%1%4<@#(:;N[8^C+_*@DX,N>6+&B[G>B1HYF1^0^3WM1(?` M^/[A3Q;GIFHF-GEXS`+!061#*J4\X3MTPM?)[P7#]]H)7R>Q%0J?R*VSX_.; M@>=$$S;S\7[*LYLBTKHP9-_O"O\01YK]KO!?X\BFWQ&^,-UV]CS&J/SAK&PH MFI&R,LFL*`"+,B\#S+P M:62OC4;V_T;GV6CSK#!L#EET(R57!IY<.5!K\SZO!W=207F79(LA,1^E9`:> MDDG61(>%E*U)V9J4K1FR,GN=K4D4A6C!1XF<@25R#M1Z!GE[13F>E.-)'([( M"^'D<$K_W(OT3[*I(5^[4V8H988BS@PEYQ0*X>N_FVM>G7J,WV12DQ[A)):J MM"!+]F_),#8#C;UOCJIYK%]=W')752,0X+;FM*I&(,!MS755C?"/VYX#JQJ! M)1/0@>GZF*WWD[*G51!O_NSCU4*95_MXM5#FVSY:K3#S<`>Z^*/`5TK1)8M# ML]T:9D`>9>^2J5%H!"7VDNW@L1VZ?/1#30/-^:TZ"%]E13R_8,4JYV_)9F'O MX_R$BQ0J2WNC[$]<_OQH_?LC5XL:_:]\TO_M]=V9]ZT@JO"9O9^_ M@SO*H!S>H=L<3B:C7-W@7,DA/"3>#R M%92/U*?V:<2@,V"-:#$GO2J!D_7!6=]3SO-G.OTOWV;U&D_B,A10<=*O$@)' M9\B?U8@@N!39U%T)#[C>6'&]\8+KK1776R^XWEEQO?."Z\B* MZP@>UYBOI,RX*@D/N"S^OI+P@,OB[RL)#[@L_KZ2\(#+XN\K"0^X+/Z^DO"` MR^+O*PD/N"S^OI+P@,OB[RL)#[@L_KZ2@,>EJK[2E?"`R^KO(R_^/K+Z^\B+ MOX^L_C[RXN\CJ[^/O/C[R.KO(R_^/K+Z^\B+OX^L_C[RXN\CJ[^/O/C[R.KO M(R_^?FSU]V.OU;5<3M&5!XW>XU]V`=^M_.6U1%9?_*W320SEL/JJ4)U?8JAX MM0/RJ%O4*A#DXQIYA\V0(]^4?>OP'7+DKVKD'49$CGQ3DZ[#F9U4$'Q5!R/ MZOR395$Q+ZKG'V8]_T&9U"#+K5#=?K(1*G30QD?U^9$4X+EG>7RC,+%'ML1X MVS*RZC%J8PNB(0:R2GE4M#^\HOV#-S7ODWIPAQ54R9\,<6\X;SC589V/+(C# ML''87IYA4,E8R_D)E8PE]AXX>U,=67,=6;P5W\F@$)ZY/E<1U\$=^#Y3<=80 MJLN:#JP?5UR6Z!^]MT)%_T/NS8>W@#R9$L7X`!70H(9]#@W[=E\8E@;Z69C' M&?<%W[6K0XVW0M[Z:-5;U%>Q-PI# M]VQP0(ZY MD2HKP^I%/2&]3+ASK.O0.2%N#_&$W-8%Q#K"7P*F.VWJO87WR^?'ZB&="8;" MC8]7Y#785N=Y%8F05'-\E")M#X6AR..C%%(7"GWC>KCL)7%G\,M;BGBF]&PR M-S3FMI?!F4$DF.).PAZ\X6",@-JG(*1GRCK%G;9-5D7A!=XM[$DNET/+[I:K MUXMD^5=E"J>LB)/Y[VGYQ78TO'5K#]OB<+(8Q7;K8KO1)6J3S=`NBX*X M?09QHXMJI>CIH)2Q14_3XBU,(L)Z!#&_-U M]%F**AGHC%T]3LR)NEW49&]0]O8T,_NYL54OL9RR5_R;O^>__Y<)IUK>7WJ0 MU2YMT#$G*0S0I"A\AI)_R*[HPI_"JD/JS#A`@QKDI4P0:7,H$WP&:"%T(.J' M9@;6E?$T68J3%<%)X!FU>WB?RX(XC*)N'C"]H;AM.;"B^1)Y!F\L@3R0H3)3"1(FEB:4I M_=8U_19?1@>9#UW,428NCDSS@O)013.R5:'0=$[SA7QY1/A2^? MBHR((@DHM8I2JW"D5I$W"HO2*M-V# M7@QVW:_N#-?^=UC']1N+9WQFF3YI+0*!;/+UG_Q=)/=,"ZPK`8KK2YXLXOS! MD-5G$`5%>LFX?YXY8E4)0Z#]\/V.K_CT7[O][X"8SN,\C\6[,;P_@RC8YNPU%H5-RJ+CDALO MV=+]V_3]&4`-^3:3Y3F;[33GW`8CT,8XW\R#_,RV27K!DO2>+0LV.TWNDQG? M6(AKD*UK$;MJC_A%D/4@F[%%R0G<[XIG;_Y"L3(T"8.CM>"#6C%P%Y+>,(>W M9Q`%1FK$!FIOQ]-IMDJ+]2LY7B[Y'E=K2FIA+V@=,/I88VEIV.F?E2=Y90DB5BTDCA<"EH,&UE\`U$O.@JL\GE5K M(;[V7"1+$8NE_QJ64:`VP.YRMN0O\7U6W'Z.EP7GO')!-U,=A;B-@L3/_W<> M5Z0\N>8[PYQ-5[DXNS>=-O4:#+Y3.&??Q)1X'Y?7+!^61;+@Y&/;-FA'>=Y# MV-7H-1AT/]%\O[_%'%61QUG.%U9Q_E!#9"P]2Z?S52-N2K'MZ/]3L%Y@6?#W M.[O*+MCUG$V+$VX'S."-#2,@<9]GQ4G&GSM?0Q&F?+IB5UE[3ND5Z?$3H+P2 M+^[FUO".MA@\PO,/(AM,*>4) MWZ$3ODZ&'AB^UT[X7OO"%QVXX!-2'JP\V]P.[V#QEM%^]>GE"0P#_6KAYB%4 M(Q#@MGH.U0@$N*T>137"/VZ[IU&-@,?=X\#.,`(>]\D\6_+EF#/JKCQ(I`;? M+Q7LYD&[TNP(0*)R81F3+"36^FC[)$NG?,>6:ZY%;/)0^1;&3`O0KRT>Z/*E M=7)0&%T\D4X."J/=ZZBEH/!]RI;LJ<)_-YZMEN7)9_D^<)_'79)X4#Y/K*B737*NNS\\`:SA)R_.4 M2?Z)+3ROG'M9,\ M?["OETDA7F1NFQRF8<`:?(F7Q6E6WK_P3Y[P7V,`K2PUO=.:CO ME@]U<=PF64BLZX^XOCPLT[P^9?%,,7WM(T!NN--T%<\K]Z]=A2F%P-$95F4Z M.6B,9]R4R]>C+NU@$(5&&AT=*<"G.S[L2'G"-K;@ZQ3Q!<"G.[;L2 M'G"]LN)ZY067XKZ@*^$!UQLKKC=><+VUXGKK!=<[*ZYW7G`=67$=P>,:'QQ8 M_'TEX0&7Q=]7$AYP6?Q])>$!E\7?5Q(><%G\?27A`9?%WU<2'G!9_'TEX0&7 MQ=]7$AYP6?Q])>$!E\7?5Q+PN%3Q!5T)#[BL_C[RXN\CJ[^/O/C[R.KO(R_^ M/K+Z^\B+OX^L_C[RXN\CJ[^/O/C[R.KO(R_^/K+Z^\B+OX^L_C[RXN_'5G\_ M!O+W\F33)5[#)`N)U1ZWH9>$Q'G!XF667C)Q5LQF54GV1)1U$]5<\FQQMEBP M61(7;/[P)6=3)D[KO[`\R10!"T_QF["ZEY>4'[.\Q'B>%65!.S8[2S=%\%E4#,<\$TQC_VOKAA,'_*OCE/#I,LY/M5XC!/#<,0[\A[ MH@:/+S"'76&)M2H?+FZV'2["'8?YT*`1NG-25C90K*)\VRL>[_UUDE%>^^*.HO\#W,>J2-H[C?.A0QG7,V7V< M%E<9?Y>R/HQ="_U('WI,TJJUTN1:MH*\O,V^F7O/F@?ZT*)1%D.B*2>*HB!( MCZ%>YE6_4%;M&!_8ZYU^M>U4QZG*3=K.>UN8IWI]?SV^O:_3E38.^RF+?03( MR=H]YXT;YA8<9Y#UA=44*F<6]X18L\?12WK"J4OP-HCZ1*JZ"M&+>D2JO*S4 MBWI">IF4?+$.W'1"W![B";DM,-4Z`@)W(WGNDMTS_N2'/Q,VGVE=KW6`5]0& M)^PRQB=V3:J(1=PG8G>PWG#R/<.'?ZV2^WC.5Y;NH%7#(#2XNDWRXL%J@QHQ M#P@-]J:7A,>IL2VE$#PZ&S!@3"XV8Q3>1OO$W:G+GM0O%EN]OAV;[.I[D`)U MUGX$]KS;I+3=31LE:$4+TS7N3@`5*MS=#J=KV)WX*IRPNWU/-^VD0\!_J>B% MNM:@$[&%2H-VL]0UZ$XX%T;0JN/*-?Y.V!JFOPG=@PU.`;*R7)2YWM M-RH%>C9=E4KA9EO'_JM2&=PLO&/K5:D<;JKNU7]5JH2;QIV:L4I5<#/ZXYNO M2CUQ\[ZQ(ZM4`?[I@B!\=1=8J4(0]-YL MSB&!XZ9R90=9"1TW4>L[RTK\N%G9V&Y6JH"=C75M:"5^W"SKWHY6ZH.;9CAQZU4A'9.)F:X<.ME(1W)QMA8^;N1V[W$IE<'.Y"3EN M%G?IB"LUP4WFFF:Y$CQN)M^I4ZY4#3>I?]%VT)7X<5-X!W_W.N`0-W=W-+AH MWIB^PLW7ADZ\4@')N M?7RE+KA)W:VGK]0%-XOW:NPK5<)-[&Y-?J4NN"F^5Z=?&?L2!/'OTN!7*AC& MPD#?\%?J$<;"H$>_7ZE8$*N$=BM@"3Z(!8*Z/[!4(9"U@+9?L-0CB'6`NHFP M5"$(^F\U&);8H1$U*H.QU*/H-A:T?%8ZA$26ZLZ($L]0J)LP_GIFY#HNUN- M06J!F\@[391E)@1N#C>U5I8:X&9R6[-EJ05N[M[JR"PAX^9G7:]FB1XW*^NZ M.$OTN+E8W>%98L?-OZTFT!(T;K+5-X>6^'&3K+)SM(2.FUF=VDC+O#W<;+O5 M:UI"QDVO[6[4$C5^.MU@Q_EGK@IF-S1VRI`VY>=FR.+9/2<3.S6Z-LJ0MNRNYTTI:P<7.VJ;^V MU"`,)M?WVY9ZX.9Q9:%1"1TW>^N*CDKTN.G94!U1*H";G[O=O25NW'S<[?XM M<>/FX&YW\+J&"FZ^[;8/KX'C)M=N?_$:.&YZ[38@KX'C9M5NA_(:>#@T6K4P MKX&'0Z)5C_,:>#C\635!KX&'PYM5E_0:>#C$6;51KX&'PYQ5G_6Z4%BM"'DEKVY#^AIX2,P9-9@3>1VO;DO[&GA(S!DUF!-Y]:X6\`9S M(J_=U0+>8$[D1;M:P!O,B;Q45PMX@SF1U^AJ`6\P)_)B7-O`QPWF1%YS2UZS M&,+W(N35MJ0*VAB^"'F5K?=UQWO1Z_"2B8LN-NO7VK!6%3?[;E0M0SUD!\?S MK"B++;/96;KI5='0"CU>AQ\[/\)FTMMN[*(N2EN71*-!3`S=GJ M/O;MF82;ONM@":4NK?F$F]#-JC34P$WOG[)O]DD5!KTK5=F>4\BK*VZ\+-[)WN]"(B;\[N MX[2XROB7D?7Z&@KAYO>V0I.4E3N1R?7Q-??*7*7+V^Q;TROC)OJV/HW28U*A M14OA1:MW1KR\ET*!5H59B+DU;MT&C0N MW)#7\-)HT+S/1U[)2Z'!95+2XSJ.?Z,)\KI>"DW4R0@1\B)?BE;WVRWD:SUP M<[96#P59("_JI5-E._,Q0E[22Z=%0P'O!B= M)@N6BLK[HU-V':_FQ7+TXD7USXIQ6[KS;2-+RYK?D[*#X_+G M:;9X66HN.C'P/>6;/KS37;_M#`X%7II9&1BH9G8)W83SS^D M7*L'C4EU)(!,J'JDUH"V_]FS^6C>HC27;:QK8QF3L6`SECRO9F2>MR?D]EGQ M9Q8+'10&8Y![(K/IB5%I/T9)CZ9D?4/ M2HN+#B)A<>MGM>QM_<#1C_J1=F.3CQYM/1O>_,I;4)/5K06`MU'/M@%\6G.\ ME1/\16V8!H/<>M?MG946?]^M5FG.H\_ET8#6N09RC/@U-&!;/E).4?L\B3KV7Y_^7GK6NT M#5SK`*^HC]-9F;W1&WU[H+]5QI,=7SUW(-&3:&&=3FW/':0R[=G5\X"1EH$A MLQ768Y%'7]JA6OPI\?8]R*=E'^YCCKV\9W;"E"S+Q[X^>#,>EP_E?_&/2W%M M<_CJS=&1_B&C=EQ5PU6^7#GCVRB'A9';@6U!4/&_$W?.Z MD?@^#//:]^O\W5<`)^5G?_/N[6OM"J`KXGFEP M/)_3,@"KG\*T#-#G.VR`J62>T[CB^;QC3_;L^O;;6]O1:R[''S0K?A$!:VSV MZT]%OF*;O\S2@AO`.E+MUY^6[$;\P='XSM);EB>%..X;76?Y:+,B_V4TRO-? MNJC)*%$9Y=-,_^?&5A?-TD.K12"03;[^DUM:,>Z"9(U:5,`3:=5$M[==N_SL@)E6='PT\E2C8PO\VFW,Z$A7*ZB19 MY?)?(>Q(+[LY5\SO9$5W[3O52\)<@==UG+XN$IG'1RVM]QC M**#%J2HP:2Q.)0J(="GKS(DZFCJTD69)=3<"?&;AZTK[(C`(G* MQ4.;9*'.I(RG4:!O3CS0Y:WIY*`PNGA*G1P41KM75$M!X).M$([3F;:?0!NM MRQC@"'^7J6H1AWS;+G!-LI!8K=,`])O+A]I6=SHY2(PNOLDD"XG5[J/TDL"V M;G9.6#R2ME2^#;`O>V_CZ`$9&&FCM4H/T&ZC?+QI%S_A,L8'=KO?L(]`7))2 M<0OL/23:!7?WDA@HB^N)8'>OCMN))+CQJZZ3VZ&Q*#5HWS=O0GWP@S8TIL%= MZEEW/;T&C[O2L^7">JT#[F+/^GOL-7S<]9Y[W&9+]L)="=IPR2T5P,V_]DOO MNJ=W$'J8+\#K!J8AZ-*^&Z^[L`4$OG5A7C>3"4@%4Q<`$O]0B"X[57\E(+W.RN MOZJ7^'$3O.D"7VJ`F]\[-_P2-FXZ-]W[2PUPL_E6<("$C)NN=6$#$CUN8M8% M%,@S2MP\K`XVD-AQMXVHZE<'W9YSZ`;F?2H/[@2$VG"2^2'G-VJW M&4R[33(@.D2$*0Y*;365`_VV;J"VFM16DY9U@;$2UF,+:I])RSBDQQ![>2OE MA(G:9/J("1M,F\RA.QZ<3$WM,`-KATEF1-?ACV)T:GN)$7^P;2_)'P5'ZZU/ MI6_RIQ5\3G-2-;JT(,;<[5(#G0S2BT$^]=0'07F2S5>+]#Q>*!R(012FH._W M9+%:G*P6JWF9QE>>*5J6QS'88`: M-`"<+>Z$WYND7U;Y]#9>LJ7[M^G[,X`:RA)].\TYM\$(M#'.-_,@/[-MDEZP M)+UGRX+-3I/[9,8)3%PW;5T_V55[Q"^"M`>I:V!QORN>O?F+KDI&87"T%GQ0 M[:?J@I2VMV<0!49JQ`9J;\?3:;9*B_4K.5XN^>)*:TIJ82]H'3#Z6&-I7)%2 MR%_RN-LVR+`D]'[;X:Q$SY4AAAKY3Z18-II)"9"[/X>@'$RM)I8-@(OM-S0SS.%V6I\)/8WR'V\97/7DD'CVJ MGSV2#Q_]V#S^[X#L$EG2'M4:ZN#'7FN(+#*4N3^XLQ$J3D3VNF\,2M6,@JMF M1!:';VZ'$=' M!98L]X-48(G6`M@\%E?$)$9N'P**_+`_>&E"^&-%]LP+5TR"HI1\6.$H$]#J/X#IDC M10)3M1ZR+^_V17%T?BANH.5]UG;PX7N\N)NSIS;%5]NFN'[8:/VT4&T/61X9 ME?#IX,=>PH>L#M/\'MRQ"Y7I(9L,D0FI%$]PI7C(JN@HD\KM4+D=*K=#Y79H M`;@O5(7U*(1*ZM""#Y,5#?*RC,KF6"[JJ&P.<3IQ.I7&";PT#MD67=M3^1LJ M?X.Z_`TYJ;`7`-O?3U^K0R<'7=S&C!=S91LU<)WZ(2OD\D-AN^U$[Y."C,4/I%%:VP]=&._Q_ MH_-LM'EXJ&:)+':4TF@#3Z,E@T0[]0=WL$(9MF2N>\:?E'P;>/(M&1R"J1W* M\2?EY5)>KMD%8HMFI;S<0>3E$HN%M6RDE-W`4G;)P.C*CK)Y*9N75@+!.BJ< M*P%*]-V+1%\R.R03'&LX`N4`4PZPXU+"1PXP^:\]6C;H/ZUK>J1ZC-^T89,> MX:00J[0@8P_"V&',"AI[WVQD\UB_NKAE*:M&(,!MS5Y6C4"`VYK5K!KA'[<] MVUDU`DO.IP,9]C%;[Z=V3ZL@WDSIQZN%,H/Z\6JAS*Q^M%IA9ES3^I!BAK5` M$63;##(9FXR2`A4I3YNL$;LU#C(>A%*XR;PPD-U@KE,INQLFN*CJ$WZ5%?'\ M@A6KG+^EWD;X/LY/^)A"98QOE&W)R^>-U@\<[6YTH_^5S_Z_O;X-]+XM1156 MM!=9W&1XR*;XX$Y>*%N;S#)0/J2L[."RLLFPZ%"3LJ\I^YJRKRG[FI:!^\56 M6(]%*,N:EGW(#&F0MV>434W9U,3L.!T23F:GK.E`LZ;)O.@ZG[*C*3L:>W8T M^:G@EP'R%92/U&=H:L2@A$@)'9\B4ULE!8SSCQEJ^GM.XL,!LB4(CC8Z.%'FX70D/N!1YY%T)#[C& M5ER=JR(07(K\]:Z$!UROK+@Z&:<@N!1Y\UT)#[C>6'&]\8+KK1776R^XWEEQ MO?."Z\B*ZP@>UY@OKLRX*@D/N"S^OI+P@,OB[RL)#[@L_KZ2\(#+XN\K"0^X M+/Z^DO"`R^+O*PD/N"S^OI+P@,OB[RL)#[@L_KZ2@,>EJK/3E?"`R^KO(R_^ M/K+Z^\B+OX^L_C[RXN\CJ[^/O/C[R.KO(R_^/K+Z^\B+OX^L_C[RXN\CJ[^/ MO/C[R.KO(R_^?FSU]V.O==1<#MJ5!XW>8W%V`=^M\>:U&%I?_*W320R%S_JJ M4)U?8JAMM@/RJ%N^+!#DXQIYA\V0(]\4^.OP'7+DKVKD'49$CGQ3?;##F7 MXN:IKB!U="#C0V%\5.3,?V'K_>_<0%9'-6:H0P.9$95N>([2#=2)`:@PT3W+ MXQN%%3YU?Y2W+3NLGJNVQT"[HR"K0TCM&3KXT;=G(&L,8-X/[FR%>C:0K0Z) M.8=3P=?YA(68$*%U#?+(A2F<:P"J]6NN]8NWMC_9'+K9 M[;70[N".L)^I@&X(%8!-1_"/*P!,BXA]<&BH%A%#[@B)MU4`61NJ>1U*!-4S M%3FA-I'*@4^UO/R\G"8N-GS&G=)`FN` MVGK0FF(O5_!;W[5ZK_HV!T9AZ+X?#L@Q=_\PP"=KQF_-SV4W8&@_"71.4->2 MGG#^R>)<66%<+^H3J:IVJ5[4(U)E=6&]J">DEPGWGW4M0R?$[2&>D-LZR5A' M^$OB=6=6O;?P?E'_6#VD,\%0_//QBKP&VTX]KR(1DHJ@CU*D[:$P%`I]E$+J M8K-O7,_'O>1DT0KX\2%N%(9.*?YDD9@LA3_ MHWC:R^IQH^IYHQ_U$_]^1*6.O;[%]+X7116=&'0I`#([E!-\<(^$[HJ M#F1&='--A9RHD!.Q.F)WA)/5J6*3N6(3NI(+9%P(IC'62!JO):,"JVSD_33C ML:6E'E>:Z7F3N,E+[ M:SFKK_BT>,]__R\33K6\OT0PJ^G:H&/.-2&KH\@C#)%'`TSS(M.C0(@]#GU' MF?Y%-DO4F6#"Y#BT_?>2;XMFU^IW$1K\^!=FBGK++` M(V&!]?/4-BB>.OHAGQN.'2*+3J)DK7"2M<@"D<_UP9V>4-X6V>>^,^1PXG?Q MI6R11=$!"H7R4B@O<7UHG@DGUU.ZMBY=&U_N#ED8FKD1^EY.-+SR&'MW<*` M,O7V)E./K-.['3SSA>`%NQ$[ZC@MSN-%VX/HQ6`W&.H^DNU_A_5MO[%XQN>: MZ9/6(A#()E__R=]%BW=C>'\&4;`MU&TVYWS^D;'E2:QILJN3\X$QFZ\6 MJ<)+FT4AD'Z.OR>+U>)DM5C-RZ]9GLJ><%`W;'+/\LGU-5_3I#?!L4?8]FJ1?5OGT-EZRI?NWZ?LS@!KRS2K+\8L@ZT$V8XN2 M$[C?%<_>_(5B96@2!D=KP0>U8N`N)+UA#F_/(`J,U(@-U-Z.I]-LE1;K5W*\ M7/)=K]:4U,)>T#I@]+'&TK@BI1#(CN2.B=5Q>K->+>O7J7I)/S@-:U6C,,QL M3..;\@A)K)7-AJ.3A,#9Y#41Z<#R>[X:B<9?(QMN]Y'0>DSRRV21S./\/$O[ M:F(;"Z'+2<97ORF?$%'I!N04-JG@,`04^;@_\7E$> M3_^U2OCNX>,JG0F;XA[#!;/C,,!S)R-<7]CXJ_DC3L2NA"]9D\775;XL&<6$ MU64,!/9S5KB\6HT8CKJ"^7U&*`WNQCEA5I5K"E_11=)0KI=^7Y4W5.XP#8 M,`(2]X78LT^N&[MW%^SF48#XW^]Y2R7K!^3E*QTS\K M3_+*ZE*L6D@<+P0L!PVLOP"HEYP%5WD\J]9"?.VY2)8BHDO_-2RC0&V`W>5L MR5_B^ZRX_1PO"\YYY8)NICH*<1L%B9__[SRN2'ERS7>&.9NNPJ]%K,.A^HOE^?XLYJB*/LYPO MK$0K1FB58MO1_Z=@O<"RX.]W=I5=L.LYFQ8GW`Z8P1L;1D#B M/L^*DXP_=[Z&(DSY=,6NLO:25>W,VMX1UM,7B$[Q_^9+%^8V(4 MAD?;(S3%,,+76]8>_QN%X=&*QQ]$-IA2RA.^0R=\G5Q",'ROG?"]]H4O.G#! M)Z0\6'FVN1W>P>(MH_WJT\L3&`;ZU<+-0ZA&(,!M]1RJ$0AP6SV*:H1_W'9/ MHQH!C[O'@9UA!#SNDWFVY,LQ9]1=>9!(#;Y?*MC-@W:EV1&`1.7",B992*SU MT?9)ED[YCBW77(O8Y*'R+8R9%J!?6SS0Y4OKY*`PNG@BG1P41KO744M!X?N4 M+=GG+&4/:F"-?P:;>5DZ$[>4R^0Z8;/+(BY6BF,-O204SO*U5"EXXNA$#;$C M!/<6B[-4I!C.3MD=GUS\5Q_X7Q1)L=)$[;H,`K,:W;I_ZQ_!T!C"_-K_#H5) MC03F^>_Y_NHVSHOC=-:H`50F#VM)S&4,<'$X%XJSB`,C;M0]/YO/5\MRY;+\ MGSA/XJ_)/"D>)M=52J:Y(E^?GP'6<)*6YRF3_!-;FI5H20+C/)[-RNSS>%XY M][)ZE1&O9@0T[OLXF:^_\I=;3DYFS%UICWC_8%\ODT*\R-PV.4S#@#7X$B^+ MTZR\?^&?/.&_SCZNN'&9W[QA%*2'M[IS4-\M'^KBN$VRD%C7'W%]>5BF>7W* MXIEB^MI'@-QPI^DJGE?N7[L*4PJ!HS.LRG1RT!C/N"F7KT==VL$@"HTT.CI2 MG#]V)3S@4IR?=R4\X!I;<77*CH+@4IS;=R4\X'IEQ?7*"R[%?4%7P@.N-U9< M;[S@>FO%]=8+KG=67.^\X#JRXCJ"QS4^.+#X^TK"`RZ+OZ\D/."R^/M*P@,N MB[^O)#S@LOC[2L(#+HN_KR0\X++X^TK"`RZ+OZ\D/."R^/M*P@,NB[^O).!Q MJ>(+NA(><%G]?>3%WT=6?Q]Y\?>1U=]'7OQ]9/7WD1=_'UG]?>3%WT=6?Q]Y M\?>1U=]'7OQ]9/7WD1=_'UG]?>3%WX^M_GX,Y._ER:9+O(9)%A*K/6Y#+PF) M\X+%RRR]9.*LF,VJPNZ)*.LFJKGDV>)LL6"S)"[8_.%+SJ9,G-9_87F2*0(6 MGN(W874O+RD_9GF)\3PKRH)V;':6;HKFFM1T&@ZAD;C)O,K$R6\%ZI,`VT6N M$8-\YVT(ZH-ML[1/O.Y887#^EMSD?=$#1Y?8`Z[PA)K53Y/O$\.V6SU;0L=IJ51;-E/G#9:+"+WFV4CW?_ MN\@HKWSQ1U%_@>]CU"5M',?YT*&,ZYBS^S@MKC+^+F5]&+L6^I$^])BD58.F MR;5L6GEYFWTS=]@U#_2A1:,LAD133A1%09`>0[W,JWZAK-HQ/K#7._UJVZF. M4Y6;M)WWMC!/]?K^>GQ[7ZZP"OJ`U.V&6,3^R:5!&+N$_$[F"]X>1[ MA@__6B7W\9RO+-U!JX9!:'!UF^3%@]4&-6(>$!KL32\)CU-C6THA>'0V8,"8 M7&S&*+R-]HE[7)>=K5\LMCJ&._;AU?<@!>K/_0CL>;=):;LG-TK0BA:F:]R= M`"I4N+L=3M>P._%5.&%W^YYN.DZ'@/]2T0MUK4$G8@N5!NUFJ6O0G7`NC*!5 MQY5K_)VP+U3X=;U5U^`[L6&HP3=62I*7.MMO5`KT;+HJE<+-MH[]5Z4RN%EX MQ]:K4CG<5-VK_ZI4"3>-.S5CE:K@9O3'-U^5>N+F?6-'5JD"[E5`JVFK!(V; M^@V]7*4"N.E_J^&KW-,%0?CJ+K!2A2#HO=F<0P+'3>7*#K(2.FZBUG>6E?AQ ML[*QW:Q4`3L;Z]K02ORX6=:]':W4!S?E]FE**S7"S<<./6JE(KAYV:%EK3S) MQ,W6#AULI2*X.=L*'S=S.W:YE-Q,OE.G M7*D:;E+_HNV@*_'CIO`._NYUP"%N[NYH<-&\,7V%FZ\-G7BE`KAYVMZ95^J! MF[#=NO1*78+@:V7O7JD!;M[NW[M7ZH6;Q=WZ^$I=<).Z6T]?J0MN%N_5V%>J MA)O8W9K\2EUP4WRO3K\R]B4(XM^EP:]4,(R%@;[AK]0CC(5!CWZ_4K$@5@GM M5L`2?!`+!'5_8*E"(&L!;;]@J4<0ZP!U$V&I0A#TWVHP++'CYGEU\V&)'3>O MJQL3R]#/(`B\U;188@^"FQT;%TN=@N!I>P=CJ4Y([*SJ:"SU"(FH51V.I1Y! ML;6BX['4(R2V5G5`EGJ$1-F&\],W(=%WMQJ#U`(WD7>:*,M,"-P<;FJM+#7` MS>2V9LM2"]S=H"1TWLSJUD99Y>[C9=JO7M(2,FU[;W:@E:OQTNL&*FT== M^EA+37!SJJ6UM50"-[7NV-5:*H>;>_7=KB5^W#1L[WXM]FD+6'CYFQ3?VVI01A,KN^W+?7`S>/*0J,2.F[V MUA4=E>AQT[.A.J)4`#<_=[M[2]RX^;C;_5OBQLW!W>[@=0T5W'S;;1]>`\=- MKMW^XC5PW/3:;4!>`\?-JMT.Y37P<&BT:F%>`P^'1*L>YS7P`P^' M-ZLNZ37P<(BS:J->`P^'.:L^ZW6AKG"8LVK$7@,/ASFK3NTU\'"8LVKE7@,/ MASFK7N\U\'"8LVH&7P,/ASFK;O$U\'"8LVHG7P,/B3D;T5L1\DI>W8;T-?"0 MF#-J,"?R.E[=EO8U\)"8,VHP)_+J72W@#>9$7KNK!;S!G,B+=K6`-Y@3>:FN M%O`&L@.CN=9419;9K.S=-.KHJ$5;FIN]Z9? M-[VKT>/F9_E-VEILW95%R$MSZ91H*(";L]5][-LS"3=]U\$22EU:\PDWH9M5 M::B!F]X_9=_LDRH,>E>JLCVGD%?G,FK2T`(WA=OB:B/DI;G:^$6`D3ZZ*$)> MG*NM32-^\Z0L"M58&R*OTE6"/L].V6PU%9#XXE`40)$54Z[B[ZSY77#3>?N[ M_"[J\51<\E&4LN*;Q6W7A9O9.]WI143>G-W':7&5\2\CZ_4U%,+-[VV%)BDK M=R*3Z^-K[I6Y2I>WV;>F5\9-]&U]&J7'I$+E],L;&N'F_R1LBK<[55 MJ0];JAV_.DM"[HU['P$@K^2E?1FJ[QK64D)_`H6\>)>BH7@[5CE"7L)+I8*B M'1[R*EX*+5J[->3ENQ0*M"K,1,BK=^DT:%RX(:_AI=&@>9^/O)*70H/+I*3' M=1S_1A/D=;T4FJB3$2+D1;X4K>ZW6\C7>N#F;*T>"K)`7M1+I\IVYF.$O*27 M3HN&`K@Y6Z&`JK5]K0UN`K^Z3?+B06_=N,F[A5YET[BY>UN!MB7C9NUM[!O8 MR,MVU;!-5KLIW/5?+ULJ?.+_6?W+O[UX,3I-%BP5E?='I^PZ7LV+Y>C%B^J? M%>.V=.?;1I:6-;FKO]W2_MNW;S\G90?'Y<_3;/&RU%QT8N![SE7.-EJ>LB). MYGQM$7^8EVUQENMAGR]/SCXL6'[#MZB5NUJ>9.ERQ?]*_$[.R@H`^<.'JX_U M&TH*`>'@X"`Z.!H)Y>3S^'^(1[ZLGCFJ'CH23QW]D,_]FPNMGST2#Q_)IX_6 MCQ_)YX^V`(P$@JWYPC?36V^*_W=<9/6WOLW9]?8T6;+ISS?9_'T<_?E[-_YW_UC]-LNA)8&^P MR$_+R6\`*@6>U0+EI'\QJR;]MA7V>-/")E7HI1V2%>ZA%7YB-_'\0\KU?-!8 M74<"R,JJ1VIM;/N?/5N8YBU*B]K&NK:G,=E3@/:4Y]6DS?/VG-T^E/[,8J&5 MPJ8,TWKD,^77UEPMC6$J/_X#)L=%:PQ7)4 M9!N9_WQ&.UPO@3=6>+E:+/A4_CTM/Q*;Z6WPP^MLKK5I-)K06`-V//MHU\6EN[E;/W16UU!FO;>M?M_9D6?]\- M6VFKH\_E&Z"_]<&3 MG2H]=R#1DVAAG4YMMQRD,NW9U?/WNTZ84J6Y6-?'[P9C\N'\K_XQR7_I`>'KP^/7BE7*FH1OV<6N]PK^XME MUGU9`5?]=NE0)1QO@Y.3@2\$43&T$7?/FS=B:@2VL^_7UKMS]TD9LO#N[:O7 M6N[NBOC=O#[RRMS[28(#?O5K[WFHJR;UX_F<"'SP!*Y/(-@`4\D\I^7$\WG' M6.SIZNVWMS:2UUR./VA6_"+BL-CLUY^*?,4V?YFE!9_=ZP"L7W]:LAOQ!T?+ M.DMO69X4XOQL=)WEH\U"^9?1*,]_Z:(FBX.SN*>9V\^-K2XQI8=6BT`@FWS] M)S>CY)YI@74E0'%]R1,Q[1J%*+0`NZ*@2"\9=R\S1ZPJ80BTZQ)4VJ_=_G=` M3*JJ.!IX*E&P)?MM-N=<(^IYU2FERH6[0LX#QI(?#6_4(@YB07S!RK]F>B/K MHVG?JUX2Y,:VK'SP<97..CAL;[G'4$"+4]4KTEB<2A00Z5)691-5)V]<`!M& M0.*^$(4+)]S8*PZ/](REN+]B,+4H$-A?=9ZR'&9-MT.PP>RRC_>K3:U89 M!OK5HM_\,HV$UZ/'0L`P`AYWMTJA&757'N3:+,N+ZVR>9%=\=Y_=,SU-Z26] MX#2\5Y,LR"ZGX$Z,W3QH7V5'`!*5BX":9"&Q6J7 M#[6M[G1RD!A=?)-)%A*KW4?I)8%MW>R MH-U&^7C3+G["98P/[':_81^!N("CXA;8>QBR"^[N)3%0SM,3P>Y>';Q/'@!VUHXX*[,++N>GH-'G==9,N%]5H'W*61]??8:_BX MJR/WN,V6[(6[;K+ADELJ@)M_[9?>=0?L(/0P7X#7[3Y#T*5]-U[W+`L(?.O" MO&Z]$I`*IIYKN-G:>*M>%W4/2`7SW;K4"#>#][M?ESKAIG7GBW:YMPN"U!TN MW*4^07"\X0)>ZA$$QVNOY*46N-E=?U4O\>,F>-,%OM0`-[]W;O@E;-QT;KKW MEQK@9O.MX``)&3==Z\(&)'KLMFJSEK!6+N9%!C;B/R]\0?-S\Y$K\Y^N%J0G_O=5%'[ULU5'6:@V[: MN-?6XWV>#NY(@9HS#L6V<#(3-6$,I@GC@*UCD$=NSX.3FBU2LT64_0FIV2(M MR!!1#M:C`FJJ2`LP'UO_O;R@<<)$S1-]1"T-IGGB7GL5G!Q+31(#:Y)(-K+_ MU[Z[P526MR3W+)]?7?.JG-U_R M9*I`WW,X"HV*6]6=A^,P0`T:`,X6=\*I3=(OJWQZ&R_9TOW;]/T90`UEX;:= MYIS;8`3:&.>;>9"?V39)+UB2WK-EP6:GR7TRX^PD+F>V+FOLJCWB%T&:1M25 MD;C?%<_>_$57):,P.%H+/JBF1'690MO;,X@"(S5B`[6WX^DT6Z7%^I4<+Y=\ M*:4U);6P%[0.&'VLL32N2"GD+Z78;8]C6!)ZOV%P5J+GRA!#Y?0G4JR:9!A* MJ?=2J.\Z$4.E]5X*NBT8,=1B?Q*UMJ:AUU(UNT[#OJM&#)72(JT[[+*W':A$=K?:(T.65H95:`)K@(-F1N*B3VXPP8J M64/&&!3W48V;X&KMQ!571HB8?"?`9Y M745E=RQ7951VAUB<6)SJ](1:IX>,BJ[?GX#MJ;`/1OS!%_8A[Q0HY7<^E[YF MBD$4NAJ0%37F>D!:\&2F",ST.0P""*FID)!1&*940!K?E/8D`C?-50UTDA`X MF\?KXG2=Y??)E$7CKY$-M_M(:#TF^66R2.9Q?IZE?36QC870Y21;W&4IGQ!1 MF8@FI[!)!8E%HJ2 M-:X*:19CG7(U&/-TZ5"0DIZHP@J9'*YS^&'F8E!)%K(U"HJE&BYD/)B,AZ+. M_)#30(N^K&?]A^_QXF[.'FEGK[;M;/W;H_6/AV%8R#*=J+!+<(5=AF-2WB?O MX,XQJ'C+H`T.)X=1@9;@"K20R0SXX(^*L%`1%K,3PY;61$58]K0("_$0[N,' M*K1"2S4TQPE[>6]$Q50L=U943(78>"!L3`53`BV80H8SL.MI*HI"15%0%44A M#X28NK<_CK[(@TX.NN2)&2_F>B=JY&1^0.;WM!,=`N/[AS]9G)NJF=CDX3$+ M!`>1#:F4\H3OT`E?)[\7#-]K)WR=Q%8H?"*WSH[/;P:>$TW8S,?[*<]NBDCK MPI!]ORO\0QQI]KO"?XTCFWY'^,)TV]GS&*/RA[.RH6A&RLHDLZ(`+,J\###S M:21O38:V?\;G6>CS;/" ML#EDT8V47!EX$HF61,=%E*V)F5K4K9F MR,KL=;8F412B!1\E<@:6R#E0ZQGD[17E>%*.)W$X(B^$D\,I_7,OTC_)IH9\ M[4Z9H909BC@SE)Q3*(2O_VZN>77J,7Z324UZA)-8JM*"+-F_)FZV.VWD_*GE9! MO/FSCU<+95[MX]5"F6_[:+7"S,,=Z.*/`E\I1992]2Z9&H1&4 MV$NV@\=VZ/+1#S4--.>WZB!\E17Q_((5JYR_)9N%O8_S$RY2J"SMC;(_(=N123J[9CV&+=*6!RU=0/E*?VJ<1@\Z`-:+% MG/2J!$[6!V=]3SG/G^GTOWR;U6L\BF/%]<8+KK=67&^]X'IGQ?7."ZXC*ZXC>%QCOI0RXZHD/."R M^/M*P@,NB[^O)#S@LOC[2L(#+HN_KR0\X++X^TK"`RZ+OZ\D/."R^/M*P@,N MB[^O)#S@LOC[2@(>EZKZ2E?"`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`/T*:\S][!G5Y0KOJP+0XGBU%PB0BK$<0PZDHA*[ZP`!M9)`WM%0ZR'([3*6#B(^'PL=4(\A< M(PA=J0"RG*&&@W@M4A18+1WO)PB/+6;TN&)`SYO:2RXH!/+>?!U]EJ)*!CIC M5X\3__9<*IEO>7'F2U2QMTS$D* M`S0I"I^AY!^R*[KPI[#JD+I2#M"@!GDI$T3:',H$GP%:"!V(^J&9@76D/$V6 MXF2%,V7;MD[C(EX?K-@[OZK,ZTB85_WS:@,3#QG]D(_!:F3(XF<%)Y! MFY?WB3RXXPC*YB'C"YK;AA,;BB^19]#F,L@3"0H3I3!18FEB:4J_=4V_Q9?1 M0>9#%W.4B8LC$W?W]12UDGKF%2`E+@\O<1FM4B&VDJ*=`::E#62X2-PJ)TRC#;FPPS,CVDR69N%WP7[$;L?>.T.(\7;?>@ M%X-=]ZN[XK7_'=9Q_<;B&9]9ID]:BT`@FWS])W\7?*>N!=:5`,7U)4\6)[&F9:A.S@?&;+Y:I`HO;1:%0/HY_IXL5HN3U6(U+[]F>7YZPD'=L,D] MRR?7UWS!DMYPNYXJT/<,X#%"#!H"S1=D_9I)^6>73VUB<[SI_ MF[X_`Z@AWV:R/&>SG>:#K-5FFQ?B7'RR7?XVI-22WL!:T#1A]K+(TK4@J![$CNF%@=IS?R M0E:[3M5+^L%I6*L:A6%F8QK?E`=&8JUL-AR=)`3.)J^)F`26W_/52#3^&MEP MNX^$UF.27R:+9![GYUG:5Q/;6`A=3C*^^DWYA(A*-U`'2AA4IV.F?E2=Y9?DE5BTDCA<"EH,&UE\`U$O.@JL\GE5K(;[V M7"1+$8NE_QJ64:`VP.YRMN0O\7U6W'Z.EP7GO')!-U,=A;B-@L3/_W<>5Z0\ MN>8[PYQ-5[DXNS>=-O4:#+Y3.&??Q)1X'Y?7+!^61;+@Y&/;-FA'>=Y#V-7H M-1AT/]%\O[_%'%61QUG.%U9Q_E!#9"P]2Z?S52-N2K'MZ/]3L%Y@6?#W.[O* MUCDA)]P.F,$;&T9`XC[/BI.,/W>^AB),^73%KK+VG-(KTN,G0'DE7MS-K>$= M;3%XA.\?_F2Q?F-B%(9'VR,TQ3#"UUO6'O\;A>'1BLD/%AYMKD=WL'B+:/]ZM/+$Q@&^M7"S4.H1B#`;?4< MJA$(<%L]BFJ$?]QV3Z,:`8^[QX&=800\[I-YMN3+,6?477F02`V^7RK8S8-V MI=D1@$3EPC(F64BL]='V29:*?/Y<LR",QJ=.O^ MK7\$0V,(\VO_.Q0F-1*8Y[_G^ZO;."^.TUFC6D^9&:PE,9GS,\`:3M+R/&62?V)+LQ(M M26"SROG7M:<,N+5C(#&?1\G\_57_G++R\?[.ME4H@7 MF=LFAVD8L`9?XF5QFI7W+_R3)_S7V<<5-R[SFS>,@O3P5G<.ZKOE0UT*\\>NA`=,#UQHKKC1=<;ZVXWGK!],!E\?>5A`=<%G]?27C`9?'WE80'7!9_7TEXP&7Q]Y6$!UP6 M?U])>,!E\?>5!#PN57Q!5\(#+JN_C[SX^\CJ[R,O_CZR^OO(B[^/K/X^\N+O M(ZN_C[SX^\CJ[R,O_CZR^OO(B[^/K/X^\N+O(ZN_C[SX^['5WX^!_+T\V72) MUS#)0F*UQVWH)2%Q7K!XF:673)P5LUE5DCT19=U$-9<\6YPM%FR6Q`6;/WS) MV92)T_HO+$\R1<#"4_PFK.[E)>7'+"\QGF=%6=".S<[23=%9 M5YDX^:U`?1)@N\@U8I#OO`U!?;!MEO:)UQTK#,[?DIM;MBS^>\41L'S^8/S^ M1F'0>T$E$/-<,(WQC[TO;AC,G[)OSI/#)`OY?I4XS%/#,,0[\IZHP>,+S&%7 M6&*MRH>+FVV'BW#'83XT:(3NG)25#12K*)[5M.[LN5=%[W; M*!_O_G>145[YXH^B_@+?QZA+VCB.\Z%#&=@Q M2:O62I-KV5[R\C;[9NZ[:Q[H0XM&60R)IIPHBH(@/89ZF5?]0EFU8WQ@KW?Z MU;93':2Y2W;/^),?_DS8?*9UO=8!7E$;G+#+&)_8-:DB%G&?B-W! M>L/)]PP?_K5*[N,Y7UFZ@U8-@]#@ZC;)BP>K#6K$/"`TV)M>$AZGQK:40O#H M;,"`,;G8C%%X&^T3=ZU*_6&SU^G9LLJOO00K46?L1V/-ND])V-VV4H!4M M3->X.P%4J'!W.YRN87?BJW#"[O8]W;23#@'_I:(7ZEJ#3L06*@W:S5+7H#OA M7!A!JXXKU_@[85^H\.MZJZ[!=V+#4(-OK)0D+W6VWZ@4Z-ET52J%FVT=^Z]* M97"S\(ZM5Z5RN*FZ5_]5J1)N&G=JQBI5PKE*!7#3_U;#5[FG"X+PU5U@I0I!T'NS.8<$CIO*E1UD)73<1*WO M+"OQXV9E8[M9J0)V-M:UH97X<;.L>SM:J0]NRNW3E%9JA)N/'7K42D5P\[)# MRUIYDHF;K1TZV$I%<'.V%3YNYG;L9:YKE2O"X MF7RG3KE2-=RD_D7;05?BQTWA'?S=ZX!#W-S=T>"B>6/Z"C=?&SKQ2@5P\[2] M,Z_4`S=ANW7IE;H$P=?*WKU2`]R\W;]WK]0+-XN[]?&5NN`F=;>>OE(7W"S> MJ[&O5`DWL;LU^96ZX*;X7IU^9>Q+$,2_2X-?J6`8"P-]PU^I1Q@+@Q[]?J5B M0:P2VJV`)?@@%@CJ_L!2A4#6`MI^P5*/(-8!ZB;"4H4@Z+_58%ABQ\WSZN;# M$CMN7E*MIL<0>!#<[-BZ6.@7!T_8.QE*=D-A9U=%8ZA$24:LZ M'$L]@F)K1<=CJ4=(;*WJ@"SU"(FR#>>G;T*B[VXU!JD%;B+O-%&6F1"X.=S4 M6EEJ@)O);]MKM12]3XZ72# M%3>/NO2QEIK@YE1+:VNI!&YJW;&KM50.-_?JNUU+_+AIV-[]6NJ!FX[-';&E M#KAYV;$YMDQ*Q\W,;HVRI2ZX*;O325O"QLW9IO[:4H,PF%S?;UOJ@9O'E85& M)73<[*TK.BK1XZ9G0W5$J0!N?NYV]Y:XL:*KCYMML^ MO`:.FUR[_<5KX+CIM=N`O`:.FU6['#HE6/#F]67=)KX.$09]5&O08>#G-6?=;K0EWA,&?5B+T&'@YS5IW::^#A,&?5 MRKT&'@YS5KW>:^#A,&?5#+X&'@YS5MWB:^#A,&?53KX&'A)S-J*W(N25O+H- MZ6O@(3%GU&!.Y'6\NBWM:^`A,6?48$[DU;M:P!O,B;QV5PMX@SF1%^UJ`6\P M)_)272W@#>9$7J.K!;S!G,B+<6T#'S>8$WG-+7G-8@C?BY!7VY(J:&/X(N15 MMM[7'>]%K\-+)BZZV*Q?:\-:5=SLNU&U#/60'1S/LZ(LMLQF9^FF5T5#*]S4 MW.Y-OVYZ5Z/'S<_RF[2UV+HKBY"7YM(IT5``-V>K^]BW9Q)N^JZ#)92ZM.83 M;D(WJ])0`S>]?\J^V2=5&/2N5&5[3B&OSF74I*$%;@JWQ=5&R$MSM?&+`"-] M=%&$O#A76YM&_.9)612JL39$7J6K!'V>G;+9:BH@\<6A*(`B*Z9ZTXN(O#F[C]/B*N-?1M;K:RB$F]_; M"DU25NY$)M?'U]PK?$N14/Q=JQRA+R$ METH%13L\Y%6\%%JT=FO(RWPTNC0?,^'WDE+X4& METE)C^LX_HTFR.MZ*311)R-$R(M\*5K=;[>0K_7`S=E:/11D@;RHETZ5[NG&3=PN]RJ9Q<_>V`FU+QLW: MV]@WL)&7[:IAFZQV4[CKOUZV5/C$_[/ZEW][\6)TFBQ8*BKOCT[9=;R:%\O1 MBQ?5/RO&;>G.MXTL+6MR5W^[I?VW;]]^3LH.CLN?I]GB9:FYZ,3`]YRKG&VT M/&5%G,SYVB+^,"_;XBS7PSY?GIQ]6+#\AF]1*W>U_/#YP_&'JX_U"TD*\<2# M@X,H.AH)7>3/\_\03WA9/6)4/6,D'C+Z(1_S-Q=:/VHDGC62#QNMGS82CQN) MYVU-!KY3WGH-_+_C(JL_Y&W.KK?GP))-?[[)[E_.6/)2!$V*/[P0?WAQ$+TX MC'[^OIS]._^K?YQFTY5`UCA4D7]U_#U9R@?,Q0;KUY^<1KR$17Y:SFP#4"GP MK.8E9_2+636CMTVLQYL6!J="+XV,3"PT$_O$;N+YAY1K]:`QJ8X$D`E5C]0: MT/8_>S8?S5N4YK*-=6TL8S(6;,:2Y]6,S//VA-P^*_[,8J&#PF`,"6]LY9VGR<;6`L";IF?;[CVM\=W*Z?RB-D.#^6V]Z_8^2HN_[\:J M--[1Y_(@Y5FYC,P,PX0>W/G%%AQ?QQ?$=9B,$"?7`6XE4;&:`77?NX`H"?1PCJ=VGXZ2&7:LZOGP2`M\<+A)JS'&8^^6D.UL%/B[7O<3DLZ M3,<3>WGWZX0I69:/?7WP9CPN'\K_XA^7_-L>'+Y^^^I(N991B_@]]]CEWME? ME++NRPJXZK=+!S,!NQ^U[X$9=C-*9]OS[?G=U/Q-<^.'K] M;JQE]ZZ(WPWP(Z_NO9]&..!7O_:>)\5JVC^>SXGB<7@E3!2OSR;8`%/)/*OMM[>VFM=?BGS%-G^9I06?[NLXL%]_6K(; M\0='4SM+;UF>%.)0;G2=Y:/-VOJ7T2C/?^FB)A/T:()/,]F?&UM=@$H/K1:! M0#;Y^D]N5\D]TP+K2H#B^I(G8OXURE1H`79%09%>,NYO9HY85<(0:-<%JK1? MN_WO@)A4-7,T\%2B8(OZVVS.R4=4^ZH33I5+>X6J$4]),B]<%D7X>,JG75PV-YRCZ&`%J>J9J2Q.)4H(-*EK-DF:E+> MN``VC(#$?2'*&DZN/WR?E@4.2Q.S8S>/`L3_X7N\N)M;Z:(M!H_P_8.H&N.( MLR4,C[8'U1E&^'K+6O=L%(9'^T=2W%ZP&5N4"&PNNL]8#S,FVZ#98?981OO5 MI]>L,@STJT6_^64:":]'CX6`800\[FX-0S/JKCS(35N6%]?9/,FN^.X^NV=Z MFM)+>L%I>*\F69!=3L&=&+MYT+[*C@`D*AWII.# MPNCB*75R4!CM7E$M!8%/MA4X3F?:VOQMM"YC@*/N7::J11SR;;O`-O^V$'H8;X`KYN!AJ!+^VZ\[F@6 M$/C6A7G=F"4@%4P=V7"SM?%6O2[Y'I`*YKMUJ1%N!N]WORYUPDWKSA?M,,%O-0C"([77LE++7"SN_ZJ7N+'3?"F"WRI`6Y^[]SP2]BX MZ=QT[R\UP,WF6\$!$C)NNM:%#4CTN(E9%U`@SRAQ\[`ZV$!BQ\VY+J$'4A/< MK&N)1I!*X"9=4XR"U``W[7:"&"1LW%RK"V^0Z'%3KBGH06J`FW+UP1`2/V[^ MM3I/W`3L$C,AK]MPD[$A%$$J@)N1W<(JI"[!<+(VR$)J@IN8[4$74@_GFDN@ M[8JHO`*U>*`6E61J*"J9#+,"?9C=]USK=I&-H:.SO2P)'$0[6)PM*\EHJ/:F M-S(:6.O*R^DMFZWFK!7,^2@+&W.CD;\K_KCYZ9'X[=&/WC;U]UZ7CO2^W4-5 M+SKH%I7#,B?O$W=PYQ34BG*PQH:3NZCE9#`M)\EG:VI]2-&_,&V?B3O@YRR6Q]&W_I.*_B;I)^6>73VWC)EN[?IN_/`&HH MR]3M-.?L&2])XM"S8[3>Z3&:GD$4&*D1&ZB]'4^GV2HMUJ_D M>+GD:RJM*:F%O:!UP.ACC:5Q14HA?PG4;IL>PY+0^RV%LQ(]5X88ZL0_D6+5 M),-0.+Z70GW7B1CJRO=2T&W!B*'R_).HM34-O1;FV74:]ETU8JA;[Z:K<3F) MH73]#FK@*%KO!MRP($51J;ZW%D@*U/>R=/6B%D6!^AWU0%*2?I=5YK8+C5"6 MYQG6,3BEMU$9'C(IRLJA(N2_F$B,JT.SF%32HX#`%%/NZ/7#\$%/EA?^3Z(2!^T16O5Y3'TW^M MDIS-!%>66:?IS`6SXS"8,D%VN+ZP\5?S1YR(4@?Y!4L67U?YLF04$U:7,1#8 MSUGA\FHU8O[2J%U7Z<:EB/<3_QZ*Z!2^ZX*N&X8L)0C,=5)0-^ MOW5X7!5P66JA*-#CJI!F,=8ISH,QQ9A."2D;2PT409;R0.K)D`U23@@5H"'C MPV1\@XS%I8HU9$T4VT8E;D(O<;.>_A^^QXN[.7LBPWNU;7CK9XS6#PG,TI#E M9%$9F^#*V`S8QKS/YL$=CE"I&K)`_"Q'Y6B"*T=#-D3'B\\>[$8E9ZCD#,8J M+51RAA9WP1$3UB,,*BM#BSF\1Q)[>5U%I6,L5V54.H;X>JA\3>5A`BT/0Y8T M]&MR*@%#)6!0E8`AEQ02N6]_+7T%"YT<=($7,U[,U5W4R,D>?=GCT\Y\"(SO M'_YD<6ZJW6*3A\:9D8'0Y3[FD9#$8*6DP%V&4+^HC>.,\NV`SMK@3#WDB MJWMMM+K_-SK/1IMG!F:$R.(P*94T\%12,C\D$WUPQQ^494K&&30W4@)JX`FH M9%YT)$FYJ92;2KFIE)M*2\)]XBRLQR64MDI+0)3F-,A+,\IHI8Q68GG,;@DG MRU.RZUXDNY*1T?4_Y<%2'FS_98*//%CR5L$N"?0?TC5I4#W&;^JL28]PTFA5 M6I!I(S1M&"."QMXW(]<\UJ\N;IFZJA$(<%LS>%4C$."V9O:J1OC';<_X58W` MDO?H0'U]S-;[:=O3*H@W6_CQ:J',(GZ\6BBSBQ^M5IA9Q[0:I(A<2D@F$T1@ M@A08Z#]);&BYRF1[`X[(H#1F,B:ZXJ0,Y\`SG*LVT5=9$<\O6+'*^5MR-;GW M<7["10N5Z;U1-J,N'S-:/V?4V\1&_RL?^7][?4/G?3N)*HQG+S*9AVUFWB?T MX,Y'*&.9C#`(KJ/,Y.`RD\F,Z*"1,I`I`YDRD"D#F99XX7`3UN,,RC2F)1WJ MXXF]O+^BC&+**";6QN!^<+(V90X'FCE,QD37YY0A3!G"N#*$R2L%1O'R%92/ MU.GG/C/=,=0OM;J??+75#16MXW[!)40.#I# MMK!.#AKC&3?-\O6U*>,"ER*7N2GC`-;;BZES?@.!2 MY'!W)3S@>F7%U,!E\?>5A`=<%G]?27C`9?'WE80'7!9_7TEXP&7Q]Y6$!UP6 M?U])>,!E\?>5A`=<%G]?27C`9?'WE00\+E6MF:Z$!UQ6?Q]Y\?>1U=]'7OQ] M9/7WD1=_'UG]?>3%WT=6?Q]Y\?>1U=]'7OQ]9/7WD1=_'UG]?>3%WT=6?Q]Y M\?=CJ[\?>ZTEYG*LKCQH]!Y#LPOX;ITSKP7!^N)OG4YB*/[55X7J_!)#?:\= MD$?=$EZ!(!_7R#MLAASYILA=A^^0(W]5(^\P(G+DFPI\'J?=35 M@$S-?T+*,(N*4?<"LC&J\D)="LAH\!+38,HI4#<"H$)`]RR/;Q0V]T0=0=ZV MK*YZG-KZPNH'@JRF'[4H"*]%`=D>NED^N!,0ZEM`EKF_K#B<2K?.YR#$[*P$$YVGZL@[>".E9^IT&P( ME7)-Q^*/*Y1+"X3PW!>J!<*0NQGB+9=/MD712-3B$'&+P]V7CI^7TT1IL5?? MLNODNGCXF-RS@S/N.+Z7_V]MAZ?9>596'[W?< M/W(5*DT*\1_W++WFO\0GTY2EA7:9ZA>.WY4;]8T<5M](M$KY-\0GB=$!ZMI! MBZ,]V'AL?<7J=>K[&AB%H=MZ."#'W-S#`)]L%YOM/I>5@*'])-`Y05U+>L+Y M)XMS90%QO:A/I*K2I'I1CTB5Q8/UHIZ07B;<6]:E"IT0MX=X0FYK%&,=X2]' MUYU']=[">US`8_60S@1#;<_'*_(:;,_UO(I$2`I^/DJ1MH?"4`?T40JI:\F^ M<3W$]Y*H1>M=BE_W';\^Y`Q^LC^*K/5A6[M$M^+.TR=+"B%:;9\"QIXI#QEW M9C^9&45^[&D=FM`*`,@%[T6R_*NRB5-6Q,G\][3\8H^TQ'+WO>0J`(=@\[T)R-#,)T'=R1"*?UD@@'P'(7N MZT+WT>7RDQ'13HUB]%'%Z*,+\Z5P\J"4L863T_)N3Y@)ZS'&<$HSH2O20$8S MT)MBJL%DN:6F&DS$V(-E;"JV9"ZVA*ZB`ID2Q:E@J/846%$B[Z<0CZT*];BJ M2L^;R$P^*4AZWWPN?0JF2@8Z/UF/$W-:9`D46-M"[ MH""R!E&F,Y')T+%KH.F!P64I)4MQ7,.YM&ULIW$1KT]KW/L#J^SM2-A;_1BU MQ8F'C7[(QZ&W.F21/I2P%$["$MD;JID]N#,.RETB:]PO]AM.G"N^M"6RG\$? M9S2D77IR/CR5\B>Z(*0,I.19B;OON*B[F'4/0Q/AO2@ MTKW1*N7?$.GJ;/\723@W'91RAR_ECJR*PD`H^XZR[Y!FWY%["IST*1%O;Q+Q MR!9#R[#<6S_@4,WW26@0" MV>3K/_F[X#M]+;"N!"BN+WFRB/,'0^*G0104Z27C#GOFB%4E#(%V?=:C_=KM M?P?$=![G>2S>C>']&43!MD>WV9RSMS@XX\10)*H^LCHY'QBS^6J1*KRT610" MZ>?X>[)8+4Y6B]6\_)KEL>P)!W7#)OL/M>JI`WW,X"HV*6]7M MDN,P0`T:`,X696>@2?IEE4]O8W%.[/QM^OX,H(9\(\KRG,UVFG-N@Q%H8YQO MYD%^9MLDO6!)>B]N(6:GR7TRXSL-<6.S=8-C5^T1OPBR'F0SMB@Y@?M=\>S- M7RA6AB9A<+06?%`K!NY"TAOF\/8,HL!(C=A`[>UX.LU6:;%^)P%K0-&'VLLC2M2"H'L2.Z86!VG-_)B5[M.U4OZP6E8JQJ%869C&M^4)T=B MK6PV')TD!,XFKXE0!Y;?\]5(-/X:V7"[CX368Y)?)HMD'N?G6=I7$]M8"%U. M,K[Z3?F$B$HW4`=<&%1P&`**?-P?N7X(*/+#_LCU0T#\HBM>KRB/I_]:)7SW M\'&5SH1-<8_A@MEQ&."YDQ&N+VS\U?P1)V)7PI>LR>+K*E^6C&+"ZC(&`OLY M*UQ>K48,Q]L5=P.3ZRN6+Y(T5B^>=OH1D!N0+"^NLWF27:WR-.-HM*>]>DDO M.`T'OR99+U@OU)=+:C%`;_8QRXHT*]C2?HJN$H7TN_+\J3JG<0!L&`&)^T+L MV2?7C=V["W;S*$#\[W,6_W67)6DA[LO%OEG/>TI9+U@_)ZG8Z9^5)WEER2E6 M+22.%P*6@P;67P#42\Z"JSR>56LAOO9<)$L1K:7_&I91H#;`[G*VY"_Q?5;< M?HZ7!>>\@U&'0_T7R_O\4<59''6WH_U.P7F!9\/<[N\K6N24GW`Z8P1L;1D#B/L^*DXP_=[Z& M(DSY=,6NLO:25>W,VMX1UM,7B$[Q_^9+%^8V(4AD?;(S3%,,+7 M6]8>_QN%X=&*QQ]$-IA2RA.^0R=\G61",'ROG?"]]H4O.G#!)Z0\6'FVN1W> MP>(MH_WJT\L3&`;ZU<+-0ZA&(,!M]1RJ$0AP6SV*:H1_W'9/HQH!C[O'@9UA M!#SNDWFVY,LQ9]1=>9!(#;Y?*MC-@W:EV1&`1.7",B992*SUT?9)EHJ:`+GF M6L0F#Y5O85\Z]K%UEQ*L9`8W[ M/D[FZZ_\Y9:3DQES5]HCWC_8U\ND$"\RMTT.TS!@#;[$R^(T*^]?^"=/^*^S MCRMN7.8W;Q@%Z>&M[AS4=\N'NCANDRPDUO5'7%\>EFE>G[)XIIB^]A$@-]QI MNHKGE?O7KL*40N#H#*LRG1PTQC-NRN7K49=V,(A"(XV.CA3GCUT)#[@4Y^== M"0^XQE96G&]]8+K MG177.R^XCJRXCN!QC0\.+/Z^DO"`R^+O*PD/N"S^OI+P@,OB[RL)#[@L_KZ2 M\(#+XN\K"0^X+/Z^DO"`R^+O*PD/N"S^OI+P@,OB[RL)>%RJ^(*NA`=<5G\? M>?'WD=7?1U[\?63U]Y$7?Q]9_7WDQ=]'5G\?>?'WD=7?1U[\?63U]Y$7?Q]9 M_7WDQ=]'5G\?>?'W8ZN_'P/Y>WFRZ1*O89*%Q&J/V]!+0N*\8/$R2R^9."MF MLZIH>R+*NHEJ+GFV.%LLV"R)"S9_^)*S*1.G]5]8GF2*@(6G^$U8WU_<,)@_9=^< M)X=)%O+]*G&8IX9AB'?D/5&#QQ>8PZZPQ%J5#QK=1/M[][R*CO/+%'T7]!;Z/49>T<1SG M0XQ:Z$?ZT&.25LV7)M>R:^7E;?;-W/37/-"'%HVR M&!)-.5$4!4%Z#/4RK_J%LFK'^,!>[_2K;:V\(\U>O[Z_'M?9VN MM''83UGL(T!.UNXY;]PPM^`X@ZPOK*90.;.X)\2:/8Y>TA-.78*W0=0G4M55 MB%[4(U+E9:5>U!/2RZ3DBW7@IA/B]A!/R&V!J=81$+@;R7.7HL'W:?SP9\+F M,ZWKM0[PBMK@A%W&^,2N216QB/M$[`[6&TZ^9_CPKU5R'\_YRM(=M&H8A`97 MMTE>/%AM4"/F`:'!WO22\#@UMJ44@D=G`P:,R<5FC,+;:)^X?W79M?K%8JL; MN&/777T/4J#>VX_`GG>;E+;[;:,$K6AANL;=":!"A;O;X70-NQ-?A1-VM^_I MIK]T"/@O%;U0UQIT(K90:=!NEKH&W0GGP@A:=5RYQM\)^T*%7]=;=0V^$QN& M&GQCI21YJ;/]1J5`SZ:K4BG<;.O8?U4J@YN%=VR]*I7#3=6]^J]*E7#3N%,S M5JD*;D9_?/-5J2=NWC=V9)4JX%X%M)JV2M"XJ=_0RU4J@)O^MQJ^RCU=$(2O M[@(K50B"WIO-.21PW%2N["`KH>,F:GUG68D?-RL;V\U*%;"SL:X-K<2/FV7= MV]%*?7!3;I^FM%(CW'SLT*-6*H*;EQU:ULJ33-QL[=#!5BJ"F[.M\'$SMV.7 M6ZD,;BXW( M!QSBYNZ.!A?-&]-7N/G:T(E7*H";I^V=>:4>N`G;K4NOU"4(OE;V[I4:X.;M M_KU[I5ZX6=RMCZ_4!3>IN_7TE;K@9O%>C7VE2KB)W:W)K]0%-\7WZO0K8U^" M(/Y=&OQ*!<-8&.@;_DH]PE@8].CW*Q4+8I70;@4LP0>Q0%#W!Y8J!+(6T/8+ MEGH$L0Y0-Q&6*@1!_ZT&PQ([;IY7-Q^6V''SNKHQL0S]#(+`6TV+)?8@N-FQ M<;'4*0B>MG-F95T79XD>-Q>K.SQ+[+CYM]4$6H+&3;;ZYM`2/VZ257:.EM!Q,ZM3 M&VF9MX>;;;=Z34O(N.FUW8U:HL9/IQNLN'G4I8^UU`0WIUI:6TLE<%/KCEVM MI7*XN5??[5KBQTW#]N[74@_<=&SNB"UUP,W+CLVQ95(Z;F9V:Y0M=<%-V9U. MVA(V;LXV]=>6&H3!Y/I^VU(/W#RN+#0JH>-F;UW148D>-ST;JB-*!7#S<[>[ MM\2-FX^[W;\E;MP+/JDEX##X`P^'.:M6[C7P<)BSZO5>`P^'.:MF\#7P<)BS MZA9?`P^'.:MV\C7PD)BS$;T5(:_DU6U(7P,/B3FC!G,BK^/5;6E?`P^).:,& M(,YD9?J:@%O,"?R&ETMX`WF1%Z,:QOX MN,&A+S:EE1!&\,7(:^R];[N>"]Z'5XR<='%9OU:&]:JXF;? MC:IEJ(?LX'B>%66Q938[2S>]*AI:X:;F=F_Z==.[&CUN?I;?I*W%UEU9A+PT METZ)A@*X.5O=Q[X]DW#3=QTLH=2E-9]P$[I9E88:N.G]4_;-/JG"H'>E*MMS M"GEU+J,F#2UP4[@MKC9"7IJKC5\$&.FCBR+DQ;G:VC3B-T_*HE"-M2'R*ETE MZ//LE,U64P&)+PY%`119,>4J_LZ:WP4WG;>_R^^B'D_%)1]%*2N^6=QV7;B9 MO=.=7D3DS=E]G!97&?\RLEY?0R'<_-Y6:)*RF7< M1-_6IU%Z3"I43K^\H1%NWN],.7TH:X2\.E=;E?JPI=KQJ[,DY-ZX]Q$`\DI> MVI>A^JYA+27T)U#(BWODNA0*O" M3(2\>I=.@\:%&_(:7AH-FO?YR"MY*32X3$IZ7,?Q;S1!7M=+H8DZ&2%"7N1+ MT>I^NX5\K0=NSM;JH2`+Y$6]=*IL9SY&R$MZZ;1H*(";LQ4*J%K;U]K@)O"K MVR0O'O36C9N\6^A5-HV;N[<5:%LR;M;>QKZ!C;QL5PW;9+6;PEW_];*EPB?^ MG]6__-N+%Z/39,%247E_=,JNX]6\6(Y>O*C^63%N2W>^;61I69.[^MLM[;]] M^_9S4G9P7/X\S18O2\U%)P:^YUSE;*/E*2OB9,[7%O&'>=D69[D>]OGRY.S# M@N4W?(M:N:OEAY3_YP,W\CLV^W#UL7XQ22&>?'!P$(V/1D(G^1C^'^))+ZM' MC:IGC<3#1C_DX_[F0NM'CL0S1_*AH_531]5C1]5S1^+!6[.#;YVWW@O_[[C( MZB][F[/K[4FQ9-.?;[+[ES.6O!11E.(/+\0?7AQ$+PZCG[\O9__._^H?I]ET M)2`V3EGD7QU_3Y;R`7.QX_KU)Z<1+V&1GY93W0!4"CRKO/XAY>H]:&RL(P%D4]4CM1:U_<^>[4GS%J7];&-= M6\^8K`>]]>1Y-47SO#U#MX^7/[-8**.P((/<$]E13XQ*@S)*>K0MZUONGO2W MP*^-[9",+7!CJ\-.2VSEU9O&W+22$`:W>:;.T+H2G@W,\F9E[>$.;-E-RM&T M?N,ZY-/55R9,:RTQ^@\NPT9G!5LL1T6VD?G/9[2Z]6)V8W.7J\4BSA]^3\N/ MQ&9ZB_O_\NQ;<:NVM<-(V-KZQUN6MG["Z$?]#+N95<^"MZ_RJM1D5FL!X*W5 MLVT*G];>;N4,?E%;GL'BMMYU>[>EQ=]W^U7:Z^AS>?[RK'PV5,OR/H<'=["Q M!B[,U3+-R7>OL?GM'#S?-2PE_>Y3IB29?G8UP=OQN/RH?PO M_G')/^K!X:LW1Y%RQ:(6\7N&LLCPIQ)G:Z#K+1YM%\R^C49[_ MTD5-5@=K=4\SOY\;6UU"2@^M%H%`-OGZ3VY*R3W3`NM*@.+ZDB=BXC4*36@! M=D5!D5XR[F)FCEA5PA!HUR6FM%^[_>^`F%15;S3P5*)@2_?;;,[Y1M3KJE-& ME0MXA9P'C"5'&MZH11S$@OC"E7_-]$;6/].^5[TDR$UN6=G@XRJ==7#8WG*/ MH8`6IZI'I+$XE2@@TJ6LNB:J2MZX`#:,@,1](0H33JX_?)^6)0I+$[-C-X\" MQ/_A>[RXFUOIHBT&C_#]@ZC[XHBS)0R/M@?5&4;X>LM:]VP4AD?[1U+<7K`9 M6Y0(;"ZZSU@/,R;;H-EA]EA&^]6GUZPR#/2K1;_Y91H)KT>/A8!A!#SN;A5" M,^JN/,@56I87U]D\R:[X[CZ[9WJ:TDMZP6EXKR99D%U.P9T8NWG0OLJ.`"0J M%P]MDH4ZDS*>1H&^.?%`E[>FDX/"Z.(I=7)0&.U>42T%@4\V!CA.9]KJ^FVT M+F.`X^1=IJI%'/)MN\`UR4)BM4X#T&\N'VI;W>GD(#&Z^":3+"16NX_22P+; MNMDY8?%(VL+Q-L"^[+V-HP=D8*2-1B,]0+N-\O&F7?R$RQ@?V.U^PSX"<8%& MQ2VP][!D%]S=2V*@7*@G@MV].FYG:^#&K[I.;D>OHM2@?=^\B>7!#]K0I@5W MX6/=]?0:/.ZZQY8+Z[4.N$L?Z^^QU_!Q5S_N<9LMV0MW763#);=4`#?_VB^] MZP[70>AAO@"OVWF&H$O[;KSN2180^-:%>=U:)2`53#W5<+.U\5:]+MH>D`KF MNW6I$6X&[W>_+G7"3>O.%^UR;Q<$J3MR4LM<+.[ M_JI>XL=-\*8+?*D!;G[OW/!+V+CIW'3O+S7`S>9;P0$2,FZZUH4-2/2XB5D7 M4"#/*''SL#K80&+'S;DNH0=2$]RL:XE&D$K@)EU3C(+4`#?M=H(8)&S<7*L+ M;Y#H<5.N*>A!:H";UNT-H@\KSM:00[43JI;IAW(&U@3R>.$ MB9HN^HAN&DS3Q;WW+#BYEIHK!M9QD&-?"NW,R-5'$B#_8)HKDAXO%!["(`I3'O9[LE@M M3E:+U;Q,"BM/9JL*7)-[ED^NK_GT3V^^Y,E4@;[GJNQ#'88`:-`"< M+>Z$8YND7U;Y]#9>LJ7[M^G[,X`:RH)O.\TYM\$(M#'.-_,@/[-MDEZP)+UG MRX+-3I/[9,892ES:;%WBV%5[Q"^"-)NH*RIQORN>O?F+KDI&87"T%GQ0S8SJ M\H:VMV<0!49JQ`9J;\?3:;9*B_4K.5XN^6)*:TIJ82]H'3#Z6&-I7)%2R%\J MLML^Q[`D]'[CX*Q$SY4AAHKK3Z18-UI\OC=%F>S.YH78?;UE4]:B2>-:H?-I)/&_W8 M/.]OQ(:'+/V,*M<$5[F&3`[-Y![<`025NB&##(X#J39.<+5QR*3H>)"*Z5`Q M'2JF0\5T:.D7/D]A/?Z@ZCNTU$-C0H.\RJ)R/99K-"K70VQ.;$[U?4*N[T.& M1=?S5!"("@+A+0A$'BI@ZN]\,GV=%8,H=!4A*VK,=82TX,E4D9CJ1T'I,\LMD MDL5Y?'T7ZLD9S-!DF7^9CISP>PX#*;@CAVN+VS\U?P1)Z)H0'[!DL77 M5;XL&<6$U64,!/9S5KB\6HV8OX1DUX6Y<2GB_?2^AR+ZA0J&.C>N6K@O6S`4 MN]E%*]L2!D.-&U>]'-8U&&K;]%9'O]C!4-NFMSKZ%1"&\C7.GMJBA-?B-:Y* M.*Z8,)2U<57)@-]O11M7!5R66BA*W;@JI%F,=9JT&E7,C>*&"6:K^0`6$T((I&\T-2`RT6LY[W'[['B[LY>[2MO=JVM?6O MC]8_'XIQ(9_`@SO;H*(O@S/%7"=%C9Q, M$-`$GW:R0V!\__`GBW-3%12;/#QF@>`@LB&54I[P'3KAZ^0%@^%[[82ODQ`+ MA4_DY-GQ^%?X@C/7]7^*]Q9.'O"%^8;COK M'F,$_[!6-Q3Q2-F<9%H4H$49FX%F;`[+I@9Y@TY9F60D='75^^J*,B]]!%6< M9Q=LQA9WXB&/-K371D/[?Z/S;+1Y6BAVARP*DI(R`T_*'+#%>9_;@SN]H'Q- MLL?0&)!2.0-/Y22+HD-$RO*D+$_*\J0L3UKXA4=36(\^*`&4%GI8+&B0-UN4 M&TJYH<3ER#P13BZGM-&]2!LENQKZM3QEE%)&*>*,4G)0(1&__MNYYN*IQ_A- M0C7I$4Y"JDH+LF8C\Y>UH%\>;=/EXME/FXCU<+99[NH]4*,W]WP`M` M"HZEU%ZR.E3;KF$&[%'6+YD;A4U00C#9#S[[H4M)/Q0UT%SAJF?Q55;$\PM6 MK'+^ENQ6]C[.3[A0H;*V-\J>R.4#1NLGC-RM:O2_\EG_M]=W:MZWAJC":_8B M)WAPEN5]#@_N>(-R?\GNL#(:Y?@&E^-+ED-'@Y3+2[F\9E^&+2*67 MZ`C%0HYR=M'G[`[.4@9YR42YN92;2]Q,W$PYN.'GX)+]#/-:FW)M*=<65:XM M.2+\1"Y?0?E(?3J@1@PZ<]:(%G.RK!(X62"L!3[E7'^F6X'R?58O\B0N@P85 M-P`J(7!TAKQ;G1PTQC-NC>7K.8T+"\R6*#32Z.A(D=79E?"`2Y&5W)7P@&ML MQ=6Y<`'!I6G&]]8+KG177 M.R^XCJRXCN!QC?EBRHRKDO"`R^+O*PD/N"S^OI+P@,OB[RL)#[@L_KZ2\(#+ MXN\K"0^X+/Z^DO"`R^+O*PD/N"S^OI+P@,OB[RL)>%RJJBU="0^XK/X^\N+O M(ZN_C[SX^\CJ[R,O_CZR^OO(B[^/K/X^\N+O(ZN_C[SX^\CJ[R,O_CZR^OO( MB[^/K/X^\N+OQU9_/_9:E843DR#>U[#J%)M6)]URFQ04FU:'X1)Z4&Q:G9=+ MZ$&Q:76D+J$'QJ:-0L?CP-@T:A0*#XQ-HPV;C@-CTVC#IN/`V#3:L.DX,#:- M-FPZ#HQ-HPV;'@;&IM&&30\#8]-HPZ:'@;%IM&'3P\#8=+QATT/G_#@?)6$' M%QA/!?2H/P!9%Q7[HCX`X?8!&)Q9#;(4"]7[)SNA`@A4UQ]Q@9Y[EL:K/,Q M!G$91B[;RW,-*C%K.5.A$K/$XL3B5'?64G<6;Z5X,BJD9['/5?1U<`?!SU3, M-81JM*:#[,<5HZ5E0!`>"]4R8,@]_O`6GB=SHE@@:OR'J_'?[@O$S\MIHC32 M,^X>OFL7C6[#_*YWJ#OAL+H3HE7*W6">)&8$J.\#K0/"7%9O?;CJ/>K+Y!N% MH1M#."#'W!["`)_,%8&Y/I=A@*'])-`Y05U+>L+Y)XMS90EJO:A/I*KBEGI1 MCTB5Y6?UHIZ07B;<0=;%[IP0MX=X0FYK-6(=X2_+TYTZ]=["^PWV8_60S@1# M=1GD%DL.+.]";C01I*M4_13,^4UHH[-YPLBV(44%C9D]Q!AY9"+E>R M%\GRK\H83ED1)_/?T_*+[6Q\[T8BWJGZ;?Y'\?,OJ]\?50\8_:@?\7>/6@U[ M?1?H?3^(*O`NZ%SQ@=J5]QD\N!,-2@HGJ\/)9A0PK@L81Y<-3G9#NRZ*#/<= M&8XN&):"KH-2QA9T38NX<,D(ZY'$<$KXH$OS'ZB=#/(&EVKU6&Z/J58/\?*0 M>)F*\IB+\J#+R2?K&7+(B->J0($5K_%^HO#8ZD&/J[[SO"G!Y(9"(?'-%])G M-JIDH#-]]3@Q)_AV49/-0=K__Y?)IQJ>7]I15;; MM$''G-@P4+.B$!M*&B+;HH``"L,.K6WD0(UJD!G"R M-:7OZM)W\66"D`G1Q1UE\N+)Y-U]744]GBC=.!!EJ,<3+:G#7`_@7%)3TA:^ MI"TR)`I+>-R"CO*W,.(/-W^+/%)XU$ZI7'N3RD7FASBKR^VF[(+=B&ULG!;G M\:+M(O1BL'L`==NZ]K_#.J_?6#SC<\OT26L1"&23K__D[R*Y9UI@70E07%_R M9!'G#X;408,H*-)+QGWTS!&K2A@"[8?O=WSEI__:[7\'Q'0>YWDLWHWA_1E$ MP39!M]F<$_9'QI8GL::GIT[.!\9LOEJD"B]M%H5`^CG^GBQ6BY/58C4OOV9Y M%'K"0=VPR3W+)]?7?-&2WG"[GBK0]QR.0J/B5G5#XC@,4(,&@+-%V=)EDGY9 MY=/;>,F6[M^F[\\`:LBWFRS/V6RG.>SN>3K-56JQ?R?%RR7>Y6E-2"WM!ZX#1QQI+XXJ40B`[ MDCLF5L?IS7JUK%^GZB7]X#2L58W",+,QC6_*(R.Q5C8;CDX2`F>3UT1X`PP7S([#`,^= MC'!]8>.OYH\X$;L2OF1-%E]7^;)D%!-6ES$0V,]9X?)J-6(XWJZX&YA<7[%\ MD:2Q>O&TTX^`W(!D>7&=S9/L:I6G&4>C/>W52WK!:3CX-=/U3F-`V##"$C<%V+//KEN[-Y=L)M'`>)_G[/X MK[LL20MQ42[VS7K>4\IZP?HY2<5._ZP\R2MK&[%J(7&\$+`<-+#^`J!>5"[J9ZBC$;10D M?OZ_\[@BY:HBCS.&=[3%X!&^?_B3Q?J-B5$8'FV/T!3#"%]O67O\;Q2&1RL>?Q#9 M8$HI3_@.G?!U$OC`\+UVPO?:%[[HP`6?D/)@Y=GF=G@'B[>,]JM/+T]@&.A7 M"S<47?E M02(U^'ZI8#E,W%(ND^N$ MS2Z+N%@ICC7TDE`XR]=2I=R)HQ,UQ(X0W%LLSE*14C@[97=\!_423% M2A.UZS((S&ITZ_ZM?P1#8PCS:_\[%"8U$ICGO^?[J]LX+X[36:/P3ID=K"4Q MES'`-==<*,XB#HRX4=+[;#Y?+9"=WU^!EC# M25J>ITSR3VQI5J(E"8SS>#8KT\OC>>7 MZLY!?;=\J(OC-LE"8EU_Q/7E89GF]2F+9XKI:Q\!E?"`:VS%U:GU"8)+ M<6[?E?"`ZY45URLON!3W!5T)#[C>6'&]\8+KK1776R^XWEEQO?."Z\B*ZP@> MU_C@P.+O*PD/N"S^OI+P@,OB[RL)#[@L_KZ2\(#+XN\K"0^X+/Z^DO"`R^+O M*PD/N"S^OI+P@,OB[RL)#[@L_KZ2@,>EBB_H2GC`9?7WD1=_'UG]?>3%WT=6 M?Q]Y\?>1U=]'7OQ]9/7WD1=_'UG]?>3%WT=6?Q]Y\?>1U=]'7OQ]9/7WD1=_ M/[;Z^S&0OYBK)NHYI)G MB[/%@LV2N&#SAR\YFS)Q6O^%Y4FF"%AXBM^$U;V\I/R8Y27&\ZPH"]JQV5FZ M*9IK4M-I.(1&XB;S*A,GOQ6H3P)L%[E&#/*=MR&H#[;-TC[QNF.%P?E;7*89"'?KQ*'>6H8 MAGA'WA,U>'R!.>P*2ZQ5^7!QL^UP$>XXS(<&C="=D[*R@6(5Y3(&`GOYQ//L ME,U6T[+8:586S9;YP&5WORYZMU$^WOWO(J.\\L4?1?T%OH]1E[1Q'.=#AS*N M8\[NX[2XROB[E/5A[%KH1_K08Y)6+98FU[)3Y.5M]LWU]G:ZT<=A/ M6>PC0$[6[CEOW#"WX#B#K"^LIE`YL[@GQ)H]CE[2$TY=@K=!U"=2U56(7M0C M4N5EI5[4$]++I.2+=>"F$^+V$$_(;8&IUA$0N!O)M&@:AP=5MDA[II*1T" M_DM%+]2U!IV(+50:M)NEKD%WPKDP@E8=5Z[Q=\*^4.'7]59=@^_$AJ$&WU@I M25[J;+]1*="SZ:I4"C?;.O9?E-F6?=VM%(? MW)3;IRFMU`@W'SOTJ)6*X.9EAY:U\B03-UL[=+"5BN#F;"M\W,SMV.56*H.; MRTW(<;.X2T=V=>J0=NPG;KTBMU"8*OE;U[I0:X>;M_[UZI M%VX6=^OC*W7!3>IN/7VE+KA9O%=C7ZD2;F)W:_(K=<%-\;TZ_@3%UHJ.QU*/D-A:U0%9ZA$291O.3]^$ M1-_=:@Q2"]Q$WFFB+#,A<'.XJ;6RU``WD]N:+4LM<'/W5D=F"1DW/^MZ-4OT MN%E9U\59HL?-Q>H.SQ([;OYM-8&6H'&3K;XYM,2/FV25G:,E=-S,ZM1&6N;M MX6;;K5[3$C)N>FUWHY:H\=/I!BMN'G7I8RTUP[EOAQT["]^[74`S<=FSMB2QUP\[)CXM<>/F MXV[W;XD;-P=WNX/7-51P\VVW?7@-'#>Y=ON+U\!QTVNW`7D-'#>K=CN4U\## MH=&JA7D-/!P2K7JK+JDU\##('5;VM?`0V+.J,&8$[DI;I:P!O,B;Q&5PMX@SF1%^/:!CYN,"?R MFEORFL40OABUZ'ETQ<=+%9O]:&M:JXV7>C:AGJ M(3LXGF=%66R9S<[23:^*AE:XJ;G=FW[=]*Y&CYN?Y3=I:[%U5Q8A+\VE4Z*A M`&[.5O>Q;\\DW/1=!TLH=6G-)]R$;E:EH09N>O^4?;-/JC#H7:G*]IQ"7IW+ MJ$E#"]P4;HNKC9"7YFKC%P%&^NBB"'EQKK8VC?C-D[(H5&-MB+Q*5PGZ/#ME ML]540.*+0U$`159,N8J_L^9WP4WG[>_RNZC'4W')1U'*BF\6MUT7;F;O=*<7 M$7ES=A^GQ57&OXRLU]=0"#>_MQ6:I*S&3?1M_5I ME!Z3"I73+V]HA)OW.U-.'\H:(:_.U5:E/FRI=OSJ+`FY-^Y]!("\DI?V9:B^ M:UA+"?T)%/+B78J&XNU8Y0AY"2^5"HIV>,BK>"FT:.W6D)?O4BC0JC`3(:_> MI=.@<>&&O(:71H/F?3[R2EX*#2Z3DA[7I5-X^;N;07:EHR;M;>Q;V`C+]M5PS99[:9PUW^];*GPB?]G]2__ M]N+%Z#19L%14WA^=LNMX-2^6HQ\Y5SG;:'G*BCB9\[5%_&%>ML59KH=]OCPY^[!@^0W? MHE;N:OG_Y=FWXO;#U.;!P4%T>#02VL@'\/\0SWA9/614/64D'C/Z M(1_T-Q=:/VPDGC:2CQNMGS>J'C@23]R:$'RWO/4J^'_'159_S-N<76_/@R6; M_GR3W;^2E")P4?W@A_O#B('IQ&/W\?3G[=_Y7_SC-IBN!K7&P(O_J^'NR ME`^8BTW6KS\YC7@)B_RTG-T&H%+@64U,SNH7LVI6;YM9CS?M2;E];OR9Q4(+A=$8Y)[(='IB5-J04=*C.5G?MMYU>Q.EQ=]W5U5:Z^AS>9+RK`0V3+OR/H,'=UJQ!A[ M,51+-R7>ON?DM&CS>L2PES>U3IB29?G8UP=OQN/RH?PO_G')O^G!X:LW1^^4 MJQ6UB-^SBUUNB?W%%NN^K("K?KMTN!*2O\')R\#7@ZA8VHB[YSTOM+R=U?$[R;VD5?HWD\4'/"K7WO/XUTUL1_/YT3B1.*& ML/X-,)7,<]I./)]WS,6>1-Y^>VLS>(@%L07K?QKIC>R;IGVO>HE06YORXH$HG=]!X?M+?<8"FAQJCI"&HM3B0(B M7U"=882OMZQUST9A>+1_),7M!9NQ18G`YJ+[C/4P8[(- MFAUFCV6T7WUZS2K#0+]:])M?II'P>O18"!A&P./N5@\TH^[*@UR>97EQG44W(FQFP?MJ^P(0*)R\=`F6:@S*>-I%.B; M$P]T>6LZ.2B,+IY2)P>%T>X5U5(0^&1!_^-TIJV*WT;K,@8X-MYEJEK$(=^V M"UR3+"16ZS0`_>;RH;;5G4X.$J.+;S+)0F*U^RB])+"MFYT3%H^D+?AN`^S+ MWMLX>D`&1MIH$-(#M-LH'V_:Q4^XC/&!W>XW[",0%U94W`)[#T=VP=V])`;* M?WHBV-VKXW:.!F[\JNOD=MPJ2@W:]\V;2![\H`WM57`7+-9=3Z_!XZY7;+FP M7NN`NV2Q_AY[#1]WU>(>M]F2O7#7,S9<8@&!;UV8URU1`E+!U`L--UL;;]7K8NL!J6"^6Y<:X6;P?O?K4B?< MM.Y\T2[W=D&0NL.%N]0G"(XW7,!+/8+@>.V5O-0"-[OKK^HE?MP$;[K`EQK@ MYO?.#;^$C9O.3??^4@/<;+X5'"`AXZ9K7=B`1(^;F'4!!?*,$CB`UP-^6:@AZD!K@I M5Q\,(?'CYE^K\\1-P"XQ$_*Z#3<9&T(1I`*X&=DMK$+J$@PG:X,LI":XB=D> M="'U<"ZC!-H<:)CU%*BW`G6")-NB2O#4SM@,S=3&K,K43^H/CCYC='XD='/YR-Z.^] M+O#H?7!2 M(T9JQ(BR=R$U8J1%&2K2P7ID0`T7:1'FYPA@+Z]KG#!18T4?D4R#::RXYWX% M)\]2`\7`&BB2E0SA&GAW/J9&B1CQ!]LHD=P--E)N?0E]WSBMX'-:BZHUH@4Q MYOZ(&NAD;R',;!"4)]E\M4C/XX7"/QA$84K`?D\6J\7):K&:EXE?Y6EL565K MQDNV M=/\V?7\&4$-9U&VG.>#K-5FFQ?B7'RR5?2VE-22WL!:T#1A]K+(TK4@KY2S=VV^48EH3>;QJBY M,L105?V)%*LF&88RZ[T4ZKM.Q%"%O9>";@M&#'7:GT2MK6GHM8S-KM.P[ZH1 M0Y5W-UV-RTD,A=YW4`-'B7EJQ>U*,JY[Z@'D@+N MNZPRMUUHA+*8S9Z?>U->&16M(1MZQA.#86;'4'$:,AZ*:J8B-&0-%&5(Q6;0 M1K2;6L_E<;HL3V1WLZW#;=NJGC02CQK5SQK)AXU^;![W-UZS0Y9J1M5I@JM. M0P:'9&H/[MB!RMF0.0;&?U3_)KCZ-V10="1(!7.H8`X5S*&".;3L"YNEL!Y[ M4(4=6N8A,:!!7EY121[+Q1F5Y"$F)R:G&C[AUO`ALZ+K>"KZ0T5_^B\%8(K^ MD'\*EO8['TQ?3<4@"ETIR(H:D_PR623S.#_/TKZ:V,9" MZ'*2+>ZRE$^(J$Q2DU/8I(+#$%#DX_[(]4-`D1_V1ZX?`N(77?%Z17D\_=#^U[Z&(?J&"H9:-JQ;NRQ8,!6UVTV*.&U0(VK$HXK)@RE:UQ5,N#W M6[7&50&7I1:*)NSAYK::^V+6W]XZ/UKP=B6LBRGZCH M2W!%7X9D5-ZG[^!.-*BPR\!-#B>/4?&6X(JWD-$,^A"0"K10@1:S&\.6ZD0% M6O:T0`LQD>_E&Q5A05^$94A&,LA;)"JT8KG!HD(KQ,B#860JIA)H,14RG<%= M5U/!%"J8@JI@"OD@U/2]_7GTY1]T=ZA`8WS_\ MR>+<5.G$)@^/62`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`9?%WU<2'G!9_'TEX0&7Q=]7$AYP6?Q])>$!E\7?5Q(> M<%G\?27A`9?%WU<2'G!9_'TE`8]+59FE*^$!E]7?1U[\?63U]Y$7?Q]9_7WD MQ=]'5G\?>?'WD=7?1U[\?63U]Y$7?Q]9_7WDQ=]'5G\?>?'WD=7?1U[\_=CJ M[\=>*V^YG*,K#QJ]Q\'L`KY;%A@8FXXW;'KHG!GGH_CKP,+BJ5P>]0`@VZ+B M7E3K/]1:_P,SJD$67Z&:_F0E5/2@BX]J]R,IR'//\OA&862/;9CQMF5FU7/4 MYA9&NPQDU?.HH']X!?W)V/Q/Z\$=6U"5?S+%/>*]X52-=3Z\(![#QV-[>9I! MI60M)RE42I88?/`,3O5ES?5E\5:#)Y-">?[Z7,5=!W?X^TQ%6T.H.FLZO'Y< MT5E:`@3@KU`M`8;.^X7OY_[2+ M1O>A?M<\U(%P6!T(T2K5SVB>)%X$J,\#K0A"7%YO?;;J->H+XQN%H1M!."#' MW`["`)^,U;NQ/I=9@*'])-`Y05U+>L+Y)XMS9P%\GRK\H6 M3ED1)_/?T_*+[6IZ[T8BV*GZ:?Y'\>LOJY\?5;\_^E$_X6_WR@Q[??_G?1^( M*N@NZ-SP05J5]_D[N',,2@(?NLWA9#(*%-<%BJ/+_B:KH=W6\^&DB'"7B'!T MP:\49!V4,K8@:UK`A4I%6(\BAE.N!UU:_R"M9)`WME27QW);3'5YB).'P\E4 M@,=<@`==#C[9SG`#1+Q6``JL4(WWDX3'5@IZ7*6=YTW[)2<4!H%OOH\^?U$E M`YW-J\>).8FWBYHL#L[BGF9N/S>VZBV6D_:*?_7W_/?_,N%4R_M+';):I@TZ MYO2%01H5!=108A!9%@4`4+AU6*T@!VE2@[RB"2*I#F7RSR!MA`Y'_5#-P-I` MGB9+<<;"V;)M7:=Q$:^/6!P:KJH,[$@86/W[:A,33QG]D,]!:V;(8FHHO2>< M])Z!&YCWJ3RX@PG*]"'S"YS?AA,SBB_)9^`&,\BS"0H?I?!18FIB:DK/;9SQ M6-)S\65[D`'111UEZF+)U-U]346]FRBM.#!EJ'<3+:U#71G@7%I3DA:^)"TR M(PI)H'PMRM?"DJ]%_B@T6J?4K;U)W2+C0YO%Y793=L%NQ!8V3HOS>-%V$'HQ MV-6_NA5=^]]A7==O+)[QJ67ZI+4(!++)UW_R=Y'<,RVPK@0HKB]YLHCS!T.J MH$$4%.DEXQYZYHA5)0R!]L/W.[[JTW_M]K\#8CJ/\SP6[\;P_@RB8!N@VVS. MZ?HC8\N36-.G4R?G`V,V7RU2A9PY'H5%QJ[HE<1P&J$$#P-FB[-8R2;^L\NEMO&1+ M]V_3]V<`->1;39;G;+;3G',;C$`;XWPS#_(SVR;I!4O2>[8LV.PTN4]F?&LA M;DBV;DSLJCWB%T'6@VS&%B4G<+\KGKWY"\7*T"0,CM:"#VK%P%U(>L,3C*]^4SXAHM(-R"EL4L%A""CR<7_D M^B&@R`_[(]_FN5\-W#QU4Z$S;%/88+9L=A@.=.1KB^L/%7 M\T>L<'FU&C$<;U?<#4RNKUB^2-)8O7C: MZ4=`;D"RO+C.YDEVMY)45C5BUD#A>"%@.&EA_`5`O.0NN\GA6K87X MVG.1+$4\EOYK6$:!V@"[R]F2O\3W67'[.5X6G//*!=U,=13B-@H2/__?>5R1 M\N2:[PQS-EWEXNS>=-K4:S#X3N&5Y#V%7 MH]=@T/U$\_W^%G-411YG.5]8Q?E##9&Q]"R=SE>-R"G%MJ/_3\%Z@67!W^_L M*KM@UW,V+4ZX'3"#-S:,@,1]GA4G&7_N?`U%F/+IBEUE[3FE5Z3'3X#R2KRX MFUO#.]IB\`C?/_S)8OW&Q"@,C[9':(IAA*^WK#W^-PK#HQ6//XAL,*64)WR' M3O@ZR7M@^%X[X7OM"U]TX()/2'FP\FQS.[R#Q5M&^]6GERA35"/^X[9Y&-0(>=X\#.\,(>-PG\VS)EV/.J+OR()$:?+]4 ML)L'[4JS(P")RH5E3+*06.NC[9,LG?(=6ZZY%K')0^5;&#,M0+^V>*#+E];) M06%T\40Z.2B,=J^CEH+"]RE;LL]9RA[4P!K_##;SLG0F;BF7R77"9I=%7*P4 MQQIZ22B7QO'+N9>4H(U[-"&C<]W$R7W_E+[>\?[! MOEXFA7B1N6URF(8!:_`E7A:G67G_PC]YPG^=?5QQXS*_><,H2`]O=>>@OEL^ MU,5QFV0AL:X_XOKRL$SS^I3%,\7TM8\`N>%.TU4\K]R_=A6F%`)'9UB5Z>2@ M,9YQ4RY?C[JT@T$4&FET=*0X?^Q*>,"E.#_O2GC`-;;BZM3Y!,&E.+?O2GC` M]>,'UUHKKK1=<[ZRXWGG!=63%=02/:WQP8/'W ME80'7!9_7TEXP&7Q]Y6$!UP6?U])>,!E\?>5A`=<%G]?27C`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`5Y1&YRP MRQB?V#6I(A9QGXC=P7K#R?<,'_ZU2N[C.5]9NH-6#8/0X.HVR8L'JPUJQ#P@ M--B;7A(>I\:VE$+PZ&S`@#&YV(Q1>!OM$W>H+OM2OUAL]?MV;+.K[T$*U%W[ M$=CS;I/2=D=ME*`5+4S7N#L!5*AP=SNJNNP7=BPU"#;ZR4)"]UMM^H M%.C9=%4JA9MM'?NO2F5PL_".K5>EYIPN"\-5=8*4*0=![LSF' M!(Z;RI4=9"5TW$2M[RPK\>-F96.[6:D"=C;6M:&5^'&SK'L[6JD/;LKMTY16 M:H2;CQUZU$I%9*)FZT=.MA*17!SMA4^;N9V['(KE<'-Y2;DN%G< MI2.NU`0WF6N:Y4KPN)E\ITZY4C7N`0]S+N_7Q ME;K@)G6WGKY2%]PLWJNQKU0)-[&[-?F5NN"F^%Z=?F7L2Q#$OTN#7ZE@&`L# M?<-?J4<8"X,>_7ZE8D&L$MJM@"7X(!8(ZO[`4H5`U@+:?L%2CR#6`>HFPE*% M(.B_U6!88L?-\^KFPQ([;EY7-R:6H9]!$'BK:;'$'@0W.S8NECH%P=/V#L92 MG9#86=716.H1$E&K.AQ+/8)B:T7'8ZE'2&RMZH`L]0B)L@WGIV]"HN]N-0:I M!6XB[S11EID0N#G/F8G6'9XD=-_^VFD!+T+C)5M\<6N+'3;+*SM$2.FYF=6HC+?/V<+/M5J]I M"1DWO;:[44O4^.ET@Q4WC[KTL9::X.942VMKJ01N:MVQJ[54#C?WZKM=2_RX M:=C>_5KJ@9N.S1VQI0ZX>=FQ.;9,2L?-S&Z-LJ4NN"F[TTE;PL;-V:;^VE*# M,)A.F9T-U1*D`;G[N=O>6N''S<;?[M\2- MFX.[W<'K&BJX^;;;/KP&CIMEKX"$Q9]1@3N1UO+HM[6O@(3%GU&!.Y-6[6L`;S(F\ M=E<+>(,YD1?M:@%O,"?R4ETMX`WF1%ZCJP6\P9S(BW%M`Q\WF!-YS2UYS6(( MWXN05]N2*FAC^"+D5;;>UQWO1:_#2R8NNMBL7VO#6E7<[+M1M0SUD!TE>CQ\W/\INTM=BZ*XN0E^;2*=%0`#=GJ_O8 MMV<2;OJN@R64NK3F$VY"-ZO24`,WO7_*OMDG51CTKE1E>TXAK\YEU*2A!6X* MM\751LA+<[7QBP`C?711A+PX5UN;1OSF25D4JK$V1%ZEJP1]GIVRV6HJ(/'% MH2B`(BNF7,7?6?.[X*;S]G?Y7=3CJ;CDHRAEQ3>+VZX+-[-WNM.+B+PYNX_3 MXBKC7T;6ZVLHA)O?VPI-4E;N1";7Q]?<*W.5+F^S;TVOC)OHV_HT2H])AR4O[,E3?-:REA/X$ M"GGQ+D5#\7:LBDT42W,QPAY22^=%@T%<'.V0@%5:_M:&]P$?G6;Y,6#WKIQDW<+ MOME3XQ/^S^I=_>_%B=)HL M6"HJ[X].V76\FA?+T8L7U3\KQFWISK>-+"UKC$P/>+YB'ZX^UF\D*<0C#PX.HE='(Z&,_'W^'^(1+ZMGC*J'C,131C_D<_[F0NMG MC<3#1O)IH_7C1N7S1N*!6].![Y6W7@3_[[C(ZD]YF[/K[5FP9-.?;[+[ES.6 MO!1AD^(/+\0?7AQ$+PZCG[\O9__._^H?I]ET):`UCE7D7QU_3Y;R`7.QQ?KU M)Z<1+V&1GY9SVP!4"CRK@EM(^OQIH7)J=!+,R,C"\_(/K&;>/XA MY6H]:(RJ(P%D1-4CM2:T_<^>#4CS%J7!;&-=F\N8S`6?N>1Y-2?SO#TEMT^, M/[-8**$P&8/<$QE.3XQ*"S)*>C0FZUON'MZWP*^MZY"L*S3KJD-'2TSE]9G& MOK22$!:V>:;.LKH2GBW*\F9E_>`.;-D1RM&6?N,ZY-/55R9L:2TQ^@\NPT9G M!5LL1T6VD?G/9S2S]?IT8V27J\4BSA]^3\N/Q&8-$_N89YR=61X='*@MZW4D M+&O]DRV[6O_NZ$?]RQVCDK\_X@^`-Z7R9M-D06L!X(W1LVWIGM:T;N5D?5$; MF<&XMMYU>Z^DQ=]W\U2:YNAS>5SRK%PU`"/R/ET'=P*Q!.CP/3AE-RY:3E&^6BSSY6I;-7W[>NG[:P+4.\(KZ M.)V560^]T;<'^F/_)SOP>>X`G"?1PCJ=VEXX2&7:LZOGD1PMS[`P#]9CA$=? M6J%:E"GQ]CW&IN48W9D^ZL[4"5.R+!_[^N#->%P^E/_%/R[YESPX?'-P\%JY M#E&+^#UOV.6^UE^$K^[+"KCJMTL'(FB="T[&!;Z90\6_1MP]K\"(A^FZ^*FO MBW=GYA/Q;:.#PU=C+3-W1?QN/!]Y5>W]%,`!O_JU]SQ_55/V\7Q.]#PT>M;' MR&^`J62>TU#B^;QC&_:,[/;;6]O$:R[''S0K?A'136SVZT]%OF*;O^03@4_F M=5C3KS\MV8WX@Z,AG:6W+$\*<=0UNL[RT6;5^\MHE.>_=%&3@2&?RL^-K2Z: MI(=6BT`@FWS])[>:Y)YI@74E0'%]R1,QVQJE%;0`NZ*@2"\9]R8S1ZPJ80BT MZZ)*VJ_=_G=`3*HZ+QIX*E&P!?EM-N?4(BI4U4F2RF6Y0LX#QI(.#6_4(@YB M07PYRK]F>B,K?FG?JUX2Y"ZUS.477=\[.&QON<=00(M35>#16)Q*%!#I4M89 M$W44;UP`&T9`XKX0I?@FUQ^^3\NB?*6)V;&;1P'B__`]7MS-K731%H-'^/Y! M5#IQQ-D2AD?;@^H,(WR]9:U[-@K#H_TC*6XOV(PM2@0V%]UGK(<9DVW0[#![ M+*/]ZM-K5AD&^M6BW_PRC837H\="P#`"'G>W[IX9=5<>Y`XLRXOK;)YD5WQW MG]TS/4WI);W@-+Q7DRS(+J?@3HS=/&A?94<`$I6+AS;)0IU)&4^C0-^<>*#+ M6]/)06%T\90Z.2B,=J^HEH+`)TOA'ZWPT]1:M"^;]Z$[>`';6A,@KO4K^YZ>@T>=Z5?RX7U6@?< MQ7[U]]AK^+CK_?:XS9;LA;L2L.&26RJ`FW_ME]YU3^<@]#!?@-<-+$/0I7TW M7G?A"@A\Z\*\;B82D`JF+F*XV=IXJUZ7*0](!?/=NM0(-X/WNU^7.N&F=>>+ M=KFW"X+4'2[7&N!F\ZW@``D9-UWKP@8D>MS$K`LHD&>4N'E8'6P@L>/F7)?0 M`ZD);M:U1"-()7"3KBE&06J`FW8[00P2-FZNU84W2/2X*=<4]"`UP$VY^F`( MB1\W_UJ=)VX"[M&2_A5N,C:$(D@%<#.R6UB%U"483M8&64A-A"ZN%< M#0FTN7.MET461$5R!])8%&?KPP&8!-6K M]$,D`VMO>#F]9;/5G+6"*'O9SYB;A/P=\&>FA).WJ&VA,&T)1R.,0SR,.QY<%+[06H_B+)C M'[4?I.76\)9;U&80;9O!?9K\@[PI<<)$[01]Q`(-IIW@/CD1G`Q*;0,#:QLX M0)/8]^O6W9F6V@-BQ!]L>\`!^A9,=-MZ[?H&:EK!YS0-54-`"V+,70$UT,FX MT$UC$)0GV7RU2,_CA<(9&$1A"I]^3Q:KQG-ESR9*M#W'(Y"H^)6=1OA.`Q0@P:`L\6=\&&3],LJG][&2[9T_S9]?P90 M0UG*;*Y&>V3=(+EJ3W;%FPV6ERG\PX&8EKDZUK%+MJC_A% MD#8*=:T@[G?%LS=_T57)*`R.UH(/JDU/7;C/]O8,HL!(C=A`[>UX.LU6:;%^ M):/2JP$%CEN:I*6Q^FR/$7M M94B'VX94/6`DGC"J'S&2SQC]V#SE;VPVABQ9BVJR!%>399#6Y7T>#^Y<@(JX MD.UA9C:J^A)R'CJ@>SZ<5":&RL2@K*Q"96)H01<0)6$]JJ"Z,K2`PWCT ML)?W1E2(QG)G185HB*.'Q]%4N2;0RC5D0\.]]J92-U3J!E6I&W)&81!ZY^OH MRXH81*'KXUA18ZZ0HP5/5@EOE<\Q_X&0FDKK&(5ADN?3^*8T'Q$%:<[SUTE" MX&P>?(MS;Y;?)U,6C;]&-MSN(Z'UF.27R2*9Q_EYEO;5Q#860I>3;'&7I7Q" M1&5JEIS")A4B`2H_00HPN<*B\")47VND>D+A$]EF=GQ^<]*<6,%F/MY/:'93 M1%H7AGST7>$?XD@\WQ7^:QSYY3O"%Z;;SB?'&-J^MPL9"AJD/$6R(@I\HEQ$ M_+F(>VL^@[RNIGQ#L@>Z/**<0FS!"N?9!9NQQ9UXR(XV]=IH4_]O=)Z--L]` M;6+(8@8IW3#P=,-A&)?W:3RX0P7*1"330\QKE*08>)(B&<]`C_$H?Y'R%\WN M#%L4(^4O#B)_D1@)[S$%I3;2\@WAL<->7B-1UB-E/1)#$T-30F1SE[(G"9%D M0@.Z[J9<2X:1:JK0@P_6/50IEI^GBU4&:@/EJM,#-3A['6H_A22EHE`Z-`.,IGW:-\UF%8 MUB!C%"C5E4SEV8[B]_U:D+)@88)7JN:R5UD1SR]8LVZST;D?;H.[M2!LEH' M9F(X>8JR5X/+7AVND0SR<(ZR5"E+U>RVL,6/4I;JGF:I#I=YL!XC4#8J+<<\ M'@OLY8T.99U2UBDQ[E`9E[)+`\TN)5/9^^MBRB*E+%)46:3DB<4"-:S&F@2N!D;$%,ZVT[BPP&R)0B.-CHX4^8I="0^X%/FV70D/N,967)TK#Q!2"X%/G%70D/N-Y8<;WQ@NNM%==;+[C>67&]\X+KR(KK"![7F*^@ MS+@J"0^X+/Z^DO"`R^+O*PD/N"S^OI+P@,OB[RL)#[@L_KZ2\(#+XN\K"0^X M+/Z^DO"`R^+O*PD/N"S^OI*`QZ6J1]*5\(#+ZN\C+_X^LOK[R(N_CZS^/O+B M[R.KOX^\^/O(ZN\C+_X^LOK[R(N_CZS^/O+B[R.KOX^\^/O(ZN\C+_Y^;/7W M8Z_UIEP.S94'C=YC5W8!WZV%Y;5H5%_\K=-)#`6B^JI0G5]BJ`&U`_*H6^8I M$.3C&GF'S9`CWQ1"Z_`=;F$'A2;5D?J$GI@;-HH MX3L.C$VC1@GLP-@TVK#I.#`VC39L.@Z,3:,-FXX#8]-HPZ;CP-@TVK#I86!L M&FW8]#`P-HTV;'H8&)M&&S8]#(Q-QQLV/71.N[K MWF$6T:(*]V1!5/>$*MF325`)`JI8'T+AFWN6QS<*B]JQ)\3;EDU5/Z^V+X MS.K0/`Y.;J;:J^;:JWAKH)/]^#\-?:["IX,[BGVF@J8A5&0U'24_KB`KD3LV MYX2*W(?<:0YO276RG,%'SCQ3T0EJ/^?0?F[W9=_GY3211O(YSO]B!7\R^VV5 MSG(V.^/>X+MV.>@^U.]JAGKE#:M7'EJE^AG-D\1E`'4W(/I'OW#>^D;5R]-7 MB#<*0[<_<$".N0F"`3Y9)JQE/I<-@*'])-`Y05U+>L+Y)XMS9:%EO:A/I*H2 MCGI1CTB515;UHIZ07B;<%]8EW9P0MX=X0FYKJ&$=X2^7T9TE]=["^WWR8_60 MS@1##<3'*_(:;&_SO(I$2`HC/DJ1MH?"4"_Q40JI:VZ^<3UB]I(V,[35+$4D M4Z8S61=%4PXM>1-W/O/0[`1C#-,^A1$]4T8G[@QH,J+!1PR$66LCM$1IN12] M2)9_519PRHHXF?^>EE^LIYV]&XGPHNH7^1_%C[ZL?G54_>SH1_W#?]N*#^SU M;9SWO1NJX+:@,Z+WWX2\3];!'310ZO.@#`PG1U&HM2[4&EW.\]!-9)`[)(JI M]A=3C2Y\E,*4@U+&%J9,2[,@>`?K\<%PRL^@2V;??Y,8Y,THU9FQW,I2G1EB MVSUE6RHH8RXH@R[SG`QE(%$77BO:!%9XQ?ON_[&5;QY7.>9YDUW)XR"DYLW' MT"?RJ62@*?^#W__;],.-7R_A)FK&9H M@XXYCG__+8BB5"@=ALR(+MHI%!EQFLS^V\\@;T>"R!M#F?*R_P9!1Y5^2&1@ M+?].DZ4X!.$\V#:ET[B(UV<@^DZ:*FLZ$M94_ZS:GL2/CW[(GT=F4\BB4BBI M)9RDEB%9D_=Y.[B3`\IO&:JMA+]K>0"\& MNXA7MQUK_SNLG_J-Q;,DO3%]TEH$`MGDZS_YNTCNF1985P(4UY<\6<3Y@R%! MSB`*BO22<7<\<\2J$H9`^^'['5_/Z;]V^]\!,9W'>1Z+=V-X?P91L*W-;3;G MW/R1L>5)K.G)J)/S@3&;KQ:IPDN;12&0?HZ_)XO5XF2U6,W+KUD>79YP4#=L MCT*BX5=UL.`X#U*`!X&Q1]O:8I%]6^?0V7K*E M^[?I^S.`&O)-),MS-MMISKD-1J"-<;Z9!_F9;9/T@B7I/5L6;'::W"Y^=9VE<3VU@(74XROOI-^82(2C<@I[!)!8VGZ"I12+\KSY^JWG>%EPSBL7=#/548C;*$C\_'_G<47* MDVN^,\S9=)6+LWO3:5.OP>`[A7/V34R)]W%YS?)A620+3CZV;8-VE.<]A%V- M7H-!]Q/-]_M;S%$5>9SE?&$5YP\U1,;2LW0Z7S7"I!3;COX_!>L%E@5_O[.K M[()=S]FT..%VP`S>V#`"$O=Y5IQD_+GS-11ARJD1X_`)N M;@WO:(O!(WS_\">+]1L3HS`\VAZA*881OMZR]OC?*`R/5CS^(++!E%*>\!TZ MX>LDW('A>^V$[[4O?-&!"SXAY<'*L\WM\`X6;QGM5Y]>GL`PT*\6;AY"-0(! M;JOG4(U`@-OJ450C_..V>QK5"'C9:Q"8/E6]AS+0`_=KB@2Y?6B<' MA='%$^GDH##:O8Y:"@K?IVS)/FU`#:_PSV,S+TIFXI5PFUPF;719QL5(< M:^@EH7"6KZ4J^R&.3M00.T)P;[$X2T4>X>R4W?')Q7_U@?]%D10K3=2NRR`P MJ]&M^[?^$0R-(]0F-1(8)[_GN^O;N.\.$YGC4(Y92*PEL1RS^7RU+%,LD_ ML:59B98D,,[CV:S,)(_GE7,OJST9\6I&0..^CY/Y^BM_N>7D9,;GBK.P?UW?*A M+H[;)`N)=?T1UY>'99K7IRR>*::O?03(#7>:KN)YY?ZUJS"E$#@ZPZI,)P>- M\8R;!Z9\7US@NN(RNN(WA3%WT=6 M?Q]Y\?>1U=]'7OQ]9/7WD1=_'UG]?>3%WT=6?Q]Y\?>1U=]'7OS]V.KOQT#^ M7IYLNL1KF&0AL=KC-O22D#@O6+S,TDLFSHK9K"JXGHBR;J*:2YXMSA8+-DOB M@LT?ON1LRL1I_1>6)YDB8.$I?A-6]_*2\F.6EQC/LZ(L:"=ZKVR*YIK4=!H. MH9&XR;S*Q,EO!>J3`-M%KA&#?.=M".J#;;.T3[SN6&%P_I;'"99R/>KQ&&>&H8AWI'W1`T> M7V`.N\(2:U4^7-QL.UR$.P[SH4$C=.>DK&R@6$6YC('`7C[Q/#MEL]6T+':: ME46S93YPV8VOB]YME(]W_[O(**]\\4=1?X'O8]0E;1S'^="AC.N8L_LX+:XR M_BYE?1B[%OJ1/O28I%7CI,FU[.QX>9M],S><-0_TH46C+(9$4TX414&0'D.] MS*M^H:S:,3ZPUSO]:MNICE.5F[2=][8P3_7Z_GI\>U^G*VT<]E,6^PB0D[5[ MSALWS"TXSB#K"ZLI5,XL[@FQ9H^CE_2$4Y?@;1#UB51U%:(7]8A4>5FI%_6$ M]#(I^6(=N.F$N#W$$W);8*IU!`3N1O+<);MG_,D/?R9L/M.Z7NL`KZ@-3MAE MC$_LFE01B[A/Q.Y@O>'D>X8/_UHE]_&T^7':=?++8Z>3OVU-7W(`7JF_T( M['FW26F[5S9*T(H6IFO;KI'AX#_4M$+=:U! M)V(+E0;M9JEKT)UP+HR@5<>5:_R=L"]4^'6]5=?@.[%AJ,$W5DJ2ESK;;U0* M]&RZ*I7"S;:._5>E,KA9>,?6JU(YW%3=J_^J5`DWC3LU8Y6JX&;TQS=?E7KB MYGUC1U:I`NY50*MIJP2-F_H-O5RE`KCI?ZOAJ]S3!4'XZBZP4H4@Z+W9G$," MQTWER@ZR$CINHM9WEI7X<;.RL=VL5`$[&^O:T$K\N%G6O1VMU`=FA9:T\R<3-U@X=;*4BN#G;"A\W=K>F5?J@9NPW;KT2EV"X&ME[UZI`6[>[M^[5^J%F\7=^OA* M77"3NEM/7ZD+;A;OU=A7JH2;V-V:_$I=<%-\KTZ_,O8E".+?I<&O5#",A8&^ MX:_4(XR%08]^OU*Q(%8)[5;`$GP0"P1U?V"I0B!K`6V_8*E'$.L`=1-AJ4(0 M]-]J,"RQX^9Y=?-AB1TWKZL;$\O0SR`(O-6T6&(/@IL=&Q=+G8+@:7L'8ZE. M2.RLZF@L]0B)J%4=CJ4>0;&UHN.QU",DME9U0)9ZA$39AO/3-R'1=[<:@]0" M-Y%WFBC+3`C<'&YJK2PUP,WDMF;+4@O,F667G:`D=-[,ZM9&6>7NXV7:KU[2$ MC)M>V]VH)6K\=+K!BIM'7?I82TUPU[MC56BJ'FWOUW:XE?MPT M;.]^+?7`3[>TOK+NDU\'"(LVJC7@,/ASFK/NMUH:YPF+-JQ%X# M#XW9;V-?"0F#-J,"?RZETMX`WF1%Z[ MJP6\P9S(BW:U@#>8$WFIKA;P!G,BK]'5`MY@3N3%N+:!CQO,B;SFEKQF,83O M1BU^$E$Q==;-:OM6&M*F[VW:A:AGK(#H[G65$6 M6V:SLW33JZ*A%6YJ;O>F7S>]J]'CYF?Y3=I:;-V51S; M,PDW?=?!$DI=6O,)-Z&;56FH@9O>/V7?[),J#'I7JK(]IY!7YS)JTM`"-X7; MXFHCY*6YVOA%@)$^NBA"7IRKK4TC?O.D+`K56!LBK])5@C[/3MEL-160^.)0 M%$"1%5.NXN^L^5UPTWG[N_PNZO%47/)1E++BF\5MUX6;V3O=Z45$WIS=QVEQ ME?$O(^OU-13"S>]MA28I*WQ\!(*_DI7T9JN\:UE)"?P*% MO'B7HJ%X.U8Y0E["2Z6"HAT>\BI>"BU:NS7DY;L4"K0JS$3(JW?I-&A M9=.XN7M;@;8EXV;M;>P;V,C+=M6P35:[*=SU7R];*GSB_UG]R[^]>#$Z318L M%97W1Z?L.E[-B^7HQ8OJGQ7CMG3GVT:6EC6YJ[_=TO[;MV\_)V4'Q^7/TVSQ MLM1<=&+@>\Y5SC9:GK(B3N9\;1%_F)=M<9;K89\O3\X^YEE:)(RO!0\^7'VL M7T12B"<='!SPA>%(Z"!_EO^'^.67U4^/JM\>B1\?_9`__S<76C]B))XQD@\9 M\:>,Q&.VOCW?&&]IS?\[+K+ZN]WF['K[DR_9].>;[/[EC"4O18RD^,,+\8<7 M!]&+P^CG[\O9O_._^L=I-ET)0(TS%/E7Q]^3I7S`7.RG?OW):<1+6.2GY40V M`)4"SVI-<@*_F%43>-NB>KQI85\J]-*FR**06]0G=A///_`G%P\:"^I(`%E, M]4BMO6S_LV=KT;Q%:1W;6->V,2;;\&P;>5Y-P#QOS[_M@]_/+!;0%?9AD'LB M*^F)46DN1DF/EF-]R]TS^!;XM2D=DBFA-J4ZW+-$4EYY:8Q)*PEA3IMGZLRH M*^'9?"QO5M;\[<"679P<#>T_$ALUK"G_V^>?8WGQS=Y,N7OCAL,?UNSU93E2[5Y MO8F$>:V?T#*N]6-&/^H'=2RK>MRH\;Q1_4!X2RLO*TT&MA8`WOX\V\;M:2WO M5L[E%[4-&FQOZUVW=T1:_'VW2*7ECCZ7)R#/REMD8]YG\^".(;;@^#J%()9# M8X$X60YPPXB*SPRH^QYF$(LAL:%!'F\\#TX9?UPG3,FR?.SK@S?CZ\?B*^]<'1T;LW6E[OBOC=]#[RBM[["80#?O5K[WDTK";\ MX_F7X@V;%+R+4B\U^ M_:G(5VSSEUE:\+F^CO'Z]:6A]-!J$0ADDZ__Y$:5W#,ML*X$**XO>2)F7Z.(A!9@ M5Q04Z27CSF;FB%4E#(%V73Y*^[7;_PZ(25711@-/)0JVG+_-YIQY1"VN.AU4 MN:A7R'G`6+*EX8U:Q$$LB"]F^==,;V1M,^U[U4N"W`*750M$?_L.#MM;[C$4 MT.)4M88T%J<2!42ZE!751,7(&Q?`AA&0N"]$T<')]8?OT[+\8&EB=NSF48#X M/WR/%W=S*UVTQ>`1OG\0-5T<<;:$X='VH#K#"%]O6>N>C<+P:/](BML+-F.+ M$H'-1?<9ZV'&9!LT.\P>RVB_^O2:58:!?K7H-[],(^'UZ+$0,(R`Q]VM,&A& MW94'N6#+\N(ZFR?9%=_=9_=,3U-Z22\X#>_5)`NRRRFX$V,W#]I7V1&`1.7B MH4VR4&=2QM,HT#5#;:L[G1PD1A??9)*%Q&KW47I)8%LW M.R]MW'T@`R,M-%$I`=HMU$^WK2+GW`9XP.[W6_81R`NOJBX M!?8>ONR"NWM)#)1']42PNU?'[?P.W/A5U\GMV%:4&K3OFS=1/?A!&UJPX"YJ MK+N>7H/'7=/8JM<%V0-2P7RW M+C7"S>#][M>E3KAIW?FB7>[M@B!UAPMWJ4\0'&^X@)=Z!,'QVBMYJ05N=M=? MU4O\N`G>=($O-<#-[YT;?@D;-YV;[OVE!KC9?"LX0$+&3=>ZL`&)'C$- M$CUNRC4%/4@-<%.N/ACB_V?OWYK;1I:T4?CZ^Q>O._TLK*( M)X'*?.J0!XD?-_]:G2=N`G:)F9#7;;C)V!"*(!7`S5O\- MHHLKSM:39#%4:=,/#0VL(>7E]);-EG/6"N!\C'F-N<7(GQ7_N?[ED?CIT8^> M!O777A>*]+[%0U47.NC&DP.R)>^S=G`'$]1@#F:Q;7T7?TTXK^)R6HVKA M:$&,N8^C!CK97FBS'`3E239?+M+S>*'P%091F%*UWY/%L"2]9T7)9J?)?3+C7"4N M?+8N@.RJ/>(701I?--6=N-\5SU[_0UYC[.QPV\[JYXW$`T?-$T?RD:,?ZX?^A=T$D:6X M416=X*KHD/$AG.:#.[*@LCMDF@'S(M7I":Y.#QD7'2U281\J[$.%?:BP#RT' M]Y.QL!Z34"4@6OXA-*9!7HA1Z2#+91R5#B*&)X:G6D-;NZ!@:PV1B7F?S%BO M^ZDX$14G0E6.OD0VW^TAH/2;Y9;)( MYG%^GJ5]-;&-A=#E)%O<92F?$%&53">GL$D%AR&@R,?]D>N'@"(_[(]/KG,LG93#!EE4N:SEPP.PZ#*?YCA^L+&W\UO\6)*&"07[!D\769 M%Q6CF+"ZC('`?LY*EU>K$?.7'.VZ1#ZN@7.QCJ[/161[\"PE!*Q]E36Y3P6DC'50G' M%1.&$CNN*AGP^ZVNXZJ`RU(+1=D=5X4TB[%.R1V,&<1T1$@I5_Y3K@9<)88, MD'(_J*P,61X.RQMDV"W5H2%3HD@V*EP3=.&:U>3_\#U>W,W9TUC=JVVK6SUB MM'I&4&:&+.N*BM,$5YQFJ`;F?2H/[C2$"M"0^2'G-RHR$UR1&3(@.DRD0C)4 M2(8*R02MS)X5DB%6PK2LHV(QZ(O%#-5@!GDS105A++=B5!"&F'J03$U%7P(M M^D)F-.CK<"KL0H5=4!5V(7\4#*UO?RI]:0J=''39%C->S#5;U,C)&+T8X]-. M>PB,[Q]^9W%NJLABDX?'+!`<1#:D4LH3OD,G?)T<93!\KYWP=9)SH?")_$`[ M/K]9A$ZD83,?[Z=#NRDBK0M#!8%=X1_B*!6P*_S7."H"[`A?F&Z[`@#&?(&A MKG,HEI(R2\G(*."+LD>#SQX=JG4-\AZ>,D3)7.C:B[)``PO2.,\NV(PM[L1# MGL;D7AM-[C]&Y]EH_($JVAV&6#^Z\@W)'R3+#945**PT\ MK91LBPX@*>.4,DXIXY0R3FDQN!^$A?6(A))1:?&'SY8&>3]&>:J4ITK\CM8G MX>1W2F'=BQ16LC"ZYJ?L5LIN#2"[E5Q5F(L!_5=TS094C_&;$&O2(YSD6)46 M9-?8[!K&@J"Q]\VS-8_UJXM;_JUJ!`+OH'JD M/B%1(P:=Q6M$BSEQ5PF<;-&7+3[EK'^F&X7JI=9O\R2NHA,5MP6G&]]8+KG177.R^XCJRXCN!Q MC?F*RHRKEO"`R^+O:PD/N"S^OI;P@,OB[VL)#[@L_KZ6\(#+XN]K"0^X+/Z^ MEO"`R^+O:PD/N"S^OI;P@,OB[VL)>%RJ"C)="0^XK/X^\N+O(ZN_C[SX^\CJ M[R,O_CZR^OO(B[^/K/X^\N+O(ZN_C[SX^\CJ[R,O_CZR^OO(B[^/K/X^\N+O MQU9_/_9:(843DR-=U]3J%)O6)]URFQ04F]:'X1)Z4&Q:GY=+Z$&Q:7VD+J$' MQJ8;19?'@;%IM%&T/#`VC=9L.@Z,3:,UFXX#8]-HS:;CP-@T6K/I.#`VC=9L M>A@8FT9K-CT,C$VC-9L>!L:FT9I-#P-CT_&:30^=L^=\%*`=<(@\E>:C7@5D M9[[3P@99/(QZ$I"!44$7ZCU`%H.1D@93/(%Z#``5_+EG>7RC,+BG:?+QMF5R M]=/4IA=2BP]D5?NH\4!XC0?(\'!-\<$=>5`W`C++/>7#X52Q=3[X('[#S6][ M>1)"I6TMIS!4VI:8G9B=ZMTZU[O%6[6>S`O].>YS%9L=W"'R,Q61#:$*KND0 M_'%%<&EI$)CO0K4T&')?0KQ%\,FP*-Z(FA5B;5:X^Z+QMO-DP2F`#6FH&5"Z.OOK4]8OTQ]]7ZC M,'3G"@?DF/M7&."3X:(RW.+\2?ZP>TIE@ M*%_Y>$5>@VV.GE>1"$E-RT"\>UE.&D0B;6X4]')C-!':>U3H-0S9=OB3EXG&Z.@AWTLLA):CKMWV/ MZ'W?B"JZ+^AD]L%;F/>Y/+@S$,I:)_O#SG`4J:Z+5$>7KDX61+LS"DG'$Y*. M+NZ6XKN#4L86WTT+NWV@):Q'%\.I.X2N#L'@+6:0-\)48,AR&TT%AHBKA\G5 M5$G(7$D(7=$`LB,*1GDM[T9')(X1'[^EOI MTT+N/5\8QS5UN5L1T)8VN>HC8W\:S1#_DTY":'+):' MTI#"24,B8\,SK0=WJ$$9262*>\1[PXEAQ9>,1,8S[',-"F>E<%9B<#Q.""># M4WJQ+KT87U8*&1-=!%*F,<9,X]W76M3\RNB1L84H4W(T-;^BM?>>+1=PKKTI MJPQ?5AF9%,4^4((9)9AA3#`CWQ0RW5.NV=[DFI$A!I%VYG;U=L%NQ*XW3LOS M>-%V%GHQV!V"NL=?^^^P;NP7%L^2],;T21L1"&23K__D[R*Y9UI@70E07%_R M9!'G#X;<1H,H*-)+QKWUS!&K2A@"[8?O=WPUJ/_:[;\#8CJ/\SP6[\;P_@RB M8!NCVVS.J?LC8\5)K&F`JI/S@3&;+Q>IPDN;12&0?HZ_)XOEXF2Y6,ZKKUF= MG)YP4#=LCT*B\55VO.`X#U&`#P-FB:FXS2;\L M\^EM7+#"_=OT_1E`#?D6E.4YF^TTY]P&(]#&.-_,@_S,MDEZP9+TGA4EFYTF M]\F,;S/$IJ5'!<%*Q5GT$9A+V@=,/I88VE1T'I,\LMDD`^$57O%Y1'D__7"9\]_!QF9IQ--K37KVD%YR&@U^3K!>L%^K+);48H#?[ MF&5EFI6LL)^BJT0A_:X\?ZK/:1P`&T9`XKX0>_;)]<;NW06[>10@_OLGY-4[/3/JI.\JKP2JQ<2QPL!RT$#ZR\`ZB5GP54> MS^JU$%][+I)"Q&GIOX9E%*@-L+N<%?PEOL_*V\]Q47+.JQ9T,]51B-LH2/S\ M_\[CFI0GUWQGF+/I,A=G]Z;3IEZ#P7<*Y^R;F!+OX^J:Y4-1)@M./K9M@W:4 MYSV$78U>@T'W$YOO]Y>8HRKS.,OYPBK.'QJ(C*5GZ72^W(BB4FP[^O\4K!25>W,VMX1UM,7B$[Q]^9[%^8V(4AD?;(S3%,,+76]8>_QN%X=&*QQ]$-IA2 MRA.^0R=\G7P_,'ROG?"]]H4O.G#!)Z0\6'FVOAW>P>(MH_WJT\L3&`;ZU<+- M0ZA&(,!M]1RJ$0AP6SV*:H1_W'9/HQH!C[O'@9UA!#SNDWE6\.68,^JN/$BD M!M\OE>SF0;O2[`A`HG)A&9,L)-;F:/LD2Z=\QY9KKD5L\E#Y%L9,"]"O+1[H M\J5UJ!M^-I\OBVKE4OQ/G"?QUV2>E`^3ZSHETUPEK\_/`&LX M2:OSE$G^B15F)5J2P#B/9[,JT3R>U\[]+)VQ[T:\FA'0N._C9+[ZRE]N.3F9 M,7>E/>+]C7V]3$KQ(G/;Y#`-`];@2UR4IUEU_\(_><)_G7U MWNK.07VW?*B+XS;)0F)=?<35Y6&5YO4IBV>*Z6L?`7+#G:;+>%Z[?^TJ3"D$ MCLZP*M/)06,\XZ9#*#32Z.A(?'WD=7?1U[\?63U]Y$7?Q]9_7WDQ=]'5G\?>?'WD=7?1U[\?63U]Y$7 M?S^V^OLQD+^7)YLN\1HF64BL]K@-O20DS@L6%UE:-T!AL[I<>R+*NHEJ+GFV M.%LLV"R)2S9_^)*S*1.G]5]8GF2*@(6G^$U8W:M+RH]97F$\S\JJH!V;G:7K MHKDF-9V&0V@D;C*O,G'R6X/Z),!VD6O$(-]Y&X+Z8-LL[1.O.U88G+\D-[>L M*/][R1&P?/Y@_/Y&8=![0240\UPPC?&/O2]N&,R?LF_.D\,D"_E^E3C,4\,P MQ#ORGJC!XPO,85=88JVJAXN;;8>+<,=A/C38"-TYJ2H;*%91+F,@L%=//,]. MV6PYK8J=9E71;)D/7#4#[*)W&^7CW?\J,LIK7_Q1U%_@^QAU21O'<3YTJ.(Z MYNP^3LNKC+]+61_&KH5^I`\])FG==FER+1M+7MYFW\Q=;\T#?6BQ419#HJDF MBJ(@2(^A7N95OU!6[1@?V)N=?KWM5,>IRDW:SGM;F*=Z?7\]OKVOTY4V#OLI MBWT$R,G:/>>-&^86'&>0]875%"IG%O>$6+/'T4MZPJE+\#:(^D2JN@K1BWI$ MJKRLU(MZ0GJ95'RQ"MQT0MP>X@FY+3#5.@("]T;RW"6[9_S)#[\G;#[3NE[K M`*^H#4[898Q/[)I4$8NX3\3N8+WAY'N&#W\ND_MXSE>6[J!5PR`TN+I-\O+! M:H,:,0\(#?:FEX3'J;$MI1`\.ALP8$PN-F,4WD;[Q)VKJW[5+Q9;?<`=6^[J M>Y`"==U^!/:\VZ2TW6D;)6A%"],5[DX`%2KA..!=&T*KCRA7^3M@7*ORZWJHK\)W8,-3@-U9* MDI-F96.[6:D"=C;6M:&5^'&SK'L[6JD/ M;LKMTY16:H2;CQUZU$I%9*)FZT=.MA*17!SMA4^;N9V['(KE<'- MY2;DN%GN`0]S< MW='@8O/&]!5NOC9TXI4*X.9I>V=>J0=NPG;KTBMU"8*OE;U[I0:X>;M_[UZI M%VX6=^OC*W7!3>IN/7VE+KA9O%=C7ZD2;F)W:_(K=<%-\;TZ_@3%UHJ.QU*/D-A:U0%9ZA$291O.3]^$ M1-_=:@Q2"]Q$WFFB+#,A<'.XJ;6RU``WD]N:+4LM<'/W5D=F"1DW/^MZ-4OT MN%E9U\59HL?-Q>H.SQ([;OYM-8&6H'&3K;XYM,2/FV25G:,E=-S,ZM1&6N;M MX6;;K5[3$C)N>FUWHY:H\=/I&BMN'G7I8RTUP[EOAQT["]^[74`S<=FSMB2QUP\[)CXM<>/F MXV[W;XD;-P=WNX,W-51P\VVW?7@#'#>Y=ON+-\!QTVNW`7D#'#>K=CN4-\## MH=&ZA7D#/!P2K7N<-\##X<^Z"7H#/!S>K+ND-\##(:FN%O`-YD1>HZL%?(,YD1?CV@8^WF!. MY#6WY#6+(7PO0EYM2ZJ@C>&+D%?9>M]TO!>]#B^9N.ABLWZM#1M5<;/O6M4J MU$-V<#S/RJK8,IN=I>M>%1M:X:;F=F_Z5=.[!CUN?I;?I*W%UEU9A+PTETZ) M#05P<[:ZCWU[)N&F[R980JE+:S[A)G2S*AMJX*;W3]DW^Z0*@]Z5JFS/*>35 MN8R:;&B!F\)M<;41\M)<;?PBP$@?710A+\[5UF8C?O.D*@JUL39$7J6K`GV> MG;+9?M[_*KJ,=3<\E'47-V'Z?E5<:_C*S7MZ$0;GYO*S1)6;43F5P?7W.OS%6ZO,V^;7IEW$3? MUF>C])A4J)I^^89&N'F_,^7TH:P1\NI<;56:PY9ZQZ_.DI![X]Y'`,@K>6E? MANJ[AK64T)]`(2_>I6@HWHY5CI"7\%*IH&B'A[R*ET*+UFX->?DNA0*M"C,1 M\NI=.@TV+MR0U_#2:+!YGX^\DI="@\NDHL=5'/]:$^1UO12:J),1(N1%OA2M M[K=;R#=ZX.9LK1X*LD!>U$NGRG;F8X2\I)=.BPT%<'.V0@%5:_M&&]P$?G6; MY.6#WKIQDW<+O?%B=)HL6"HJ[X].V76\G)?%Z,6+^L^*<5NZ\VTC2ZN:W/6_;FG_[=NW MGY.J@V/Q\S1;O*PT%YT8^)YSF;.UEJ>LC),Y7UO$'^956YQB->SSY2E.+!!P<'?,:-A$KR*?Q_B`>]K)\T MJA\U$L\:_9!/^XL+K9XX$H\HC2>;:PKTQF3 MZ>`VG3ROYV>>MZ?G]JGR9Q8+513F8Y![(B/JB5%I349)CX9E?Y7"SB_.'7M/I(;-8Q MMP\IRV\>+);V-A*6MOKQEIVMGC#ZT3Q#9V3UHWS:5W4]:C*KE0#PCNK9]H)/ M:V^W<@:_:"S/8'%;[[J]R=+B[[OKJNQU]+DZ%:!WA%?9S.JLR+WNC;`_VM$Y[L0.FY@X">1`OK=&J[YB"5:<^NGD=^M)!# M34=8CR8>?6N&:OFFQ-OW[)P6;IZ/&O;R)M<)4U)4CWU]\&8\KA[*_^$?E_RC M'AR^?O?NE7+%HA;Q>X:QRRVROWADW9<5<-5OEPY9PO(X.+D9^+(0%5,;\ ME2/&1F(_^WZMO3N'GXC/?'!T].ZMEL.[(GXWLX^\4O=^LN"`7_W:>Q[TJLG] M>#XG(BN+YO&,P]O3S]MM;&5**,[71=9:/UHOFOXU&>?ZW+FJR M.EBK>YKY_=S8FK)1>FB-"`2RR==_7/!$3;Z.XA!9@5Q04 MZ27C+F;FB%4E#(%V559*^[7;?P?$I*ITHX&G$@5;NM]F<\XWHD97DR:J7,`K MY#Q@K#C2\$8MXB`6Q!>N_&NF-[+FF?:]ZB5!;G*K:@:B[WT'A^TM]Q@*:'&J M&D0:BU.)`B(M9*4U44GRQ@6P800D[@M1C'!R_>'[M"I+6)F8';MY%"#^#]_C MQ=W<2A=M,7B$[Q]$K1='G"UA>+0]J,XPPM=;UKIGHS`\VM^2\O:"S=BB0F!S MT7W&>I@QV1K-#K/',MJO/KUFE6&@7RWZS2_32'@]>BP$#"/@<7T@M.PWLUR8+L*0;]L%KDD6$JMU&H!^<_E0V^I.)P>)T<4WF60AL=I]E%X2V-;-S@F+ M1](6B[B+8W:OC=K8&;ORJZ^1V]"I*#=KWS>M8'OR@#:U9Z8"[W+'^'GL%'W?%XQZWV9*]<-="-EQR2P5P\Z_]TKOI:AV$ M'N8+\*:%9PBZM._&FSYD`8%O79@W[50"4L'41PTW6QMOU9M"[0&I8+Y;EQKA M9O!^]^M2)]RT[GS1+O=V09"ZPX6[U"<(CC=/F7ZOSQ$W`+C$3\KH--QD;0A&D`K@9V2VL0NH2#"=K M@RRD)KB)V1YT(?5P+J8$VCIHJ!45J-L"=8\DZZ+*\&"5X7!2DT9JTHBRKR$U::2%&3+:P7IT0,T8:2'FZRA@+R]OG#!1TT4? MT4V#:;JX]YX%)]=2<\7`FBN2G0SC6GAW3J8FBACQ!]M$D1P./F)N?0M]1SFM MX'/:BZIMH@4QYMZ)&NAD<6',;1"4)]E\N4C/XX7"0QA$8+.^'8 M)NF793Z]C0M6N'^;OC\#J*$L^+;3G',;C$`;XWPS#_(SVR;I!4O2>U:4;':: MW"NVB-^$:391%-1B?M=\>SU/W15,@J#H[7@@VIFU)0WM+T] M@R@P4B,V4'L[GDZS95JN7LEQ4;!2<4YA%/:"U@&CCS66QA4IA?RE(KOM2T&W!2.&&NY/HM;6-/1: MXF;7:=AWU8BA`KR;KL;E)(8B\#NH@:/\NQMPPX(41R]+5BUH4 MI=YWU`-)AF[T^^*=.,"MJ0%5&V#!6NP5NX9N_-9Y`QSE2@ MANR!(@ZI$(W_"'=3>[H\3HOJ9'9'ZSK*Z5`Q'2JF M0TN_\'D*Z_$'5=^AI1X:$QKD51:5Z[%IX)` M5!`(;T$@\E`!4W_GD^GKK!A$H:L(65%CKB.D!4^FBL14G\,H@)":"A`9A6%* M#*3Q3653(L337`U!)PF!<_/879RZL_P^F;)H_#6RX78?":W')+],%LD\SL^S MM*\FMK$0NIQDB[LLY1,BJA+8Y!0VJ>`P!!3YN#]R_1!0Y(?]D>N'@/A%5[Q> M41Y/_UPF.9L)DJSR-].9"V;'83`%=^QP?6'CK^:W.!%%`_(+EBR^+O.B8A03 M5IGR:C5B_A*271?FQJ6(]]/['HKH%RH8ZMRX:N&^;,%0[&87K6Q+ M&`PU;ESUVJ+$EZ+U[@JX;ABPE#6 MQE4E`WZ_%6U<%7!9:J$H=>.JD&8QUBES@S&GEPX&*3&**K.0V>$\CQ]FK@:5 M?_@>+^[F[-&V]FK;UE:_/EK]?"C& MA2PCB@K"!%<09EAFY7T"#^YL@XJ^#-[H<'(9%78)KK`+F`L5;S$[ M,FSI3U2\94^+MQ`7^5_"48$6]`5:AF4F@[Q3HB(LEOLL*L)"K#P@5J9"*X$6 M6B'C&>#U-153H6(JJ(JID!="3N';'TA?&$(G!UTJQ8P7XP1_,-: MW5#$(V5SDFE1@!9E;`::L3DLFQKD#3IE99*1T-55[ZLKRKST$51QGEVP&5O< MB8<\VM!>&PWM/T;GV6C]M%#L#ED4)"5E!IZ4.6"+\SZW!W=Z0?F:9(^A,2"E M<@:>RDD618>(E.5)69Z4Y4E9GK3P"X^FL!Y]4`(H+?2P6-`@;[8H-Y1R0XG+ MD7DBG%Q.::-[D39*=C7T:WG***6,4L09I>2@0B)^_;=SS<53C_&;A&K2(YR$ M5)469,TXK!G&;J"Q]\UM-8_UJXM;SJMJ!`+`%!Q+J;UD M=:BV7<,,V*.L7S(W"IN@A&"R'WSV0Y>2?BAJH+G"=<_BJZR,YQ>L7.;\+=FM M['VA_Y;/^;Z_OU+QO#5&%U^Q%3O#@+,O[ M'![<\0;E_I+=864TRO$-+L>7+(>.!BF7EW)YS;X,6T0LY?+N:2XOT1&*A1SE M[*+/V1V:U-N7:4JXMJEQ;9D625PLD!8"WS*N?Y,MP+5^ZQ?Y$E)ZZP77.RNN=UYP'5EQ M'<'C&O/%E!E7+>$!E\7?UQ(><%G\?2WA`9?%W]<2'G!9_'TMX0&7Q=_7$AYP M6?Q]+>$!E\7?UQ(><%G\?2WA`9?%W]<2\+A455NZ$AYP6?U]Y,7?1U9_'WGQ M]Y'5WT=>_'UD]?>1%W\?6?U]Y,7?1U9_'WGQ]Y'5WT=>_'UD]?>1%W\?6?U] MY,7?CZW^?NRU*I?+2;KRH-%[/,PNX+L5P[R6UNJ+OW4ZB:&,5E\5ZO-+#)6R M=D`>=8MA!8)\W"#OL!ERY.MR<1V^0X[\58.\PXC(D:]KV74X$SGR-VMB"HI6 MZ^-:"3TH4JU/="7TH/BT/O25T(/BT?I<6$(/BDCKHV,)/2@FK4^7)?2@J+0^ M@);0@^+2^HQ:0@^*3.MC;`D]*#:M3[KE-BDH-JT/PR7TH-BT/B^7T(-BT_I( M74(/C$TW"AV/`V/3:*-0>&!L&JW9=!P8FT9K-AT'QJ;1FDW'@;%IM&;3<6!L M&JW9]#`P-HW6;'H8&)M&:S8]#(Q-HS6;'@;&IN,UFQXZY\?Y*`D[N,!X*J!' M_0'(NJC8%_4!"+/]D)%4"@NOZ("_3"O%DU$A/8M]KJ*O@SL(?J9BKB%4HS4= M9#^N&"TM`X+P6*B6`4/N\8>W\#R9$\4"4>,_7(W_=E\@?BZFR?'T6W+)YMQ5 MM0SU;)&<<2_Q7;MV[#7:[^J'>A4.JU_ M1WWM?*,P=+<(!^28>T88X).Y(C#7YS(,,+2?!#HGJ"M)3SA_9W&NK$NM%_6) M5%7Q4B_J$:FR)JU>U!/2RX0[R*8"GA/B]A!/R&W]1ZPC_*5^NE.GWEMXO]9^ MK![2F6`H&?EX15Z#;82>5Y$(21W)1RG2]E`8RDL^2B%UB=(WKD?57M*$:(E+ M<=64&$XFA\WD]C+\,XBT5MSIWV0\2..K]BG$Z9ER77$GC)-E4>`""BM[DJOH MT/+*Y4KV(BG^J(WAE)5Q,O\UK;[8SL;W;B2"H.K?YO\I?OYE_?NC^@&C'\TC M_NI1P&&O[P*][P=11>,%G4`^4+OR/H,'=Z)!F>)D=3C9C*+(=5'DZ%+$R6YH MUT7AXK[#Q='%Q%+L=5#*V&*O:1$7+AEA/9(83ET?=+G_`[630=[@4@$?R^TQ M%?`A7AX2+U.E'G.E'G2)^F0]0PX9\5HJ*+"*-MY/%!Y;4NAQ)7F>-R68W%`H M)+[^0OK,1I4,=*:O'B?F!-\N:K(Y2)M[FMG]W-CJUUA-VRO^W=_SW__#A%,M M[R^MR&J;-NB8$QL&:E848D-)0V1;%!!`8=BA]9(B'L84*4_(Q-7ZB=?9> M+!)PKK,IDPM?)A<9$L4J/&Z51TE=&/&'F]1%'BD\:J?\KKW)[R+S0YSJY79] M=L%NQ&XV3LOS>-%V$7HQV#V`NI==^^^PSNL7%L^2],;T21L1"&23K__D[R*Y M9UI@70E07%_R9!'G#X9\0H,H*-)+QGWTS!&K2A@"[8?O=WSEI__:[;\#8CJ/ M\SP6[\;P_@RB8)N@VVS."?LC8\5)K>J9/S@3&;+Q>IPDN;12&0?HZ_)XOE MXF2Y6,ZKKUF=B)YP4#=LCT*B\55V;.`X#U&`# MP-FBZO,R2;\L\^EM7+#"_=OT_1E`#?EVD^4YF^TTY]P&(]#&.-_,@_S,MDEZ MP9+TGA4EFYTF]\F,;R[$9J5'!<%*Q7GS49A+V@=,/I8 M8VE1T'I,\LMDD`^$57O%Y1'D__7"9\]_!QF9IQ--K37KVD%YR&@U^3K!>L M%^K+);48H#?[F&5EFI6LL)^BJT0A_:X\?ZK/:1P`&T9`XKX0>_;)]<;NW06[ M>10@_OLGY-4[/3/JI.\JN`1JQ<2QPL!RT$# MZR\`ZB5GP54>S^JU$%][+I)"Q&3IOX9E%*@-L+N<%?PEOL_*V\]Q47+.JQ9T M,]51B-LH2/S\_\[CFI0GUWQGF+/I,A=G]Z;3IEZ#P7<*Y^R;F!+OX^J:Y4-1 M)@M./K9M@W:4YSV$78U>@T'W$YOO]Y>8HRKS.,OYPBK.'QJ(C*5GZ72^W(B= M4FP[^O\4K!25>W,VMX1UM,7B$[Q]^9[%^8V(4AD?;(S3%,,+76]8>_QN% MX=&*QQ]$-IA2RA.^0R=\G3P^,'ROG?"]]H4O.G#!)Z0\6'FVOAW>P>(MH_WJ MT\L3&`;ZU<+-0ZA&(,!M]1RJ$0AP6SV*:H1_W'9/HQH!C[O'@9UA!#SNDWE6 M\.68,^JN/$BD!M\OE>SF0;O2[`A`HG)A&9,L)-;F:/LD2Z=\QY9KKD5L\E#Y M%L9,"]"O+1[H\J5UJ/-]-I\OBVKE4OQ/G"?QUV2>E`^3ZSHE MTUS]KL_/`&LX2:OSE$G^B15F)5J2P#B/9[,JO3R>U\Z]JB!EQ*L9`8W[/D[F MJZ_\Y9:3DQES5]HCWM_8U\ND%"\RMTT.TS!@#;[$17F:5?KUJ$L[&$2AD49'1XKSQZZ$!UR*\_.NA`=< M8RNN3LE/$%R*<_NNA`=>L'USHKK MG1=<1U9<1_"XQ@<'%G]?2WC`9?'WM80'7!9_7TMXP&7Q][6$!UP6?U]+>,!E M\?>UA`=<%G]?2WC`9?'WM80'7!9_7TMXP&7Q][4$/"Y5?$%7P@,NJ[^/O/C[ MR.KO(R_^/K+Z^\B+OX^L_C[RXN\CJ[^/O/C[R.KO(R_^/K+Z^\B+OX^L_C[R MXN\CJ[^/O/C[L=7?CX'\O3S9=(G7,,E"8K7';>@E(7%>L+C(TKJQ"9O5I=D3 M4=9-5'/)L\798L%F25RR^<.7G$V9.*W_PO(D4P0L/,5OPNI>75)^S/(*XWE6 M5@7MV.PL71?--:GI-!Q"(W&3>96)D]\:U"-VQ MPN#\);FY947YWTN.@.7S!^/W-PJ#W@LJ@9CG@FF,?^Q]<<-@_I1]D?=$#1Y?8`Z[PA)K53UN)Y=LIFRVE5[#2KBF;+?."JR5\7O=LH'^_^5Y%17OOBCZ+^`M_'J$O: M.([SH4,5US%G]W%:7F7\7[/3K;:V\(\U>O[Z_'M M?9VNM''83UGL(T!.UNXY;]PPM^`X@ZPOK*90.;.X)\2:/8Y>TA-.78*W0=0G M4M55B%[4(U+E9:5>U!/2RZ3BBU7@IA/B]A!/R&V!J=81$+@WDNVNVBA!*UJ8KG!W`JA0X>YV.%W![L17X83= M[7NZ;BD=`OY+12_4E0:=B"U4&K2;I:Y`=\*Y,()6'5>N\'?"OE#AU_5678'O MQ(:A!K^Q4I*\U-E^HU*@9]-5J11NMG7LORJ5PE_5>E2KAI MW*D9JU0%-Z,_OOFJU!,W[QL[LDH5<*\"6DU;)6C,F:GUG68D?-RL;V\U*%;"SL:X-K<2/ MFV7=V]%*?7!3;I^FM%(CW'SLT*-6*H*;EQU:ULJ33-QL[=#!5BJ"F[.M\'$S MMV.76ZD,;BXW(!QSBYNZ.!A>;-Z:OJ4L0?*WLW2LU MP,W;_7OW2KUPL[A;'U^I"VY2=^OI*W7!S>*]&OM*E7`3NUN37ZD+;HKOU>E7 MQKX$0?R[-/B5"H:Q,-`W_)5ZA+$PZ-'O5RH6Q"JAW0I8@@]B@:#N#RQ5"&0M MH.T7+/4(8AV@;B(L50B"_EL-AB5VW#RO;CXLL>/F=75C8AGZ&02!MYH62^Q! M<+-CXV*I4Q`\;>]@+-4)B9U5'8VE'B$1M:K#L=0C*+96=#R6>H3$UJH.R%*/ MD"C;<'[Z)B3Z[E9CD%K@)O).$V69"8&;PTVME:4&N)GN'E<66A40L?-WKJBHQ(];GHV5$>4"N#F MYVYW;XD;-Q]WNW]+W+@YN-L=O*FA@IMON^W#&^"XR;7;7[P!CIM>NPW(&^"X M6;7;H;P!'@Z-UBW,&^#AD&C=X[P!'@Y_UDW0&^#A\&;=);T!'@YQUFW4&^#A M,&?=9[TIU!4.<]:-V!O@X3!GW:F]`1X.<]:MW!O@X3!GW>N]`1X.<];-X!O@ MX3!GW2V^`1X.<];MY!O@(3'G1O16A+R25[1VO;DO[!GA( MS!EM,"?RZETMX!O,B;QV5POX!G,B+]K5`K[!G,A+=;6`;S`G\AI=+>`;S(F\ M&-Q'R:EM2!6T,7X2\RM;[IN.]Z'5XR<1%%YOU:VW8 MJ(J;?=>J5J$>LH/C>596Q9;9["Q=]ZK8T`HW-;=[TZ^:WC7HAFU794`,WO7_*OMDG51CT MKE1E>TXAK\YEU&1#"]P4;HNKC9"7YFKC%P%&^NBB"'EQKK8V&_&;)U51J(VU M(?(J717H\^R4S993`8DO#D4!%%DQY2K^SC:_"VXZ;W^77T4]GII+/HI25GRS MN.VZ<#-[ISN]B,B;L_LX+:\R_F5DO;X-A7#S>UNA2V6NTN5M M]FW3*^,F^K8^&Z7'I$+5],LW-,+-^YTIIP]EC9!7YVJKTARVU#M^=9:$W!OW M/@)`7LE+^S)4WS6LI83^!`IY\2Y%0_%VK'*$O(272@5%.SSD5;P46K1V:\C+ M=RD4:%68B9!7[])IL''AAKR&ET:#S?M\Y)6\%!I<)A4]KN+XUYH@K^NET$2= MC!`A+_*E:'6_W4*^T0,W9VOU4)`%\J)>.E6V,Q\CY"6]=%IL*(";LQ4*J%K; M-]K@)O"KVR0O'_36C9N\6^A5-HV;N[<5:%LR;M;>QKZ&C;QL5P/;9+7KPEW_ M^;*EPB?^/^N__,N+%Z/39,%247E_=,JNX^6\+$8O7M1_5HS;TIUO&UE:U>2N M_W5+^V_?OOV<5!T)EI;GHQ,#WG,N.;!P4'T]F@DM)$/X/]# M/.-E_9!1_921>,SHAWS07UQH];"1>-JH?MRH?MZH>>!(/'%K0O#=\M:KX/\[ M+K/F8][F['I['A1L^O--=O]RQI*7(G!2_,<+\1\O#J(7A]'/WXO9O_)_^L=I M-ET*;!L'*_*?CK\GA7S`7&RR_OZ3TXB7L,A/J]EM`"H%GM7$Y*Q^,:MG];:9 M]7C3PNA4Z*6AD9F%:&:?V(W0E^OUH#&KC@20&=6/U!K1]I\]FY#F+4J3V<:Z M,I@Q&0Q&@\GS>E;F>7M2;I\;?V:QT$)A-`:Y)S*=GAB5-F24]&A.UK?B`YSZ8W%U-Y%PM16CV@9VNHYHQ_-DW165C]P]/_$B[O_=U0_ MUZ?)53>A)DM;"0!OHYYM`_BT)G@K)_6+QA@-1KCUKML[*RW^OENMRH3Y-!/' M*\_*:F1L>*;UX,XUMN#X.M8@WL-GBCAY#W"#B8KA#*C[GH@0KV$SID&>BSP/ M3AGURXI)RG?S99Y\K MV`E34E2/?7WP9CRN'LK_X1^7_`L?'+Y^]^ZU6C]6K[;Z-1GO^MBYH,T;LA/LV4?VYL33$K/;1&!`+9Y.L_ MN74E]TP+K"L!BNM+GHA9N%'R0@NP*PJ*]))QKS-SQ*H2AD"[*G:E_=KMOP-B M4M7?T*,6<1`+XLM;_C73&UF) M3?M>]9(@=\=5C86/RW36P6%[RSV&`EJL!E;5`AL+KK/6`\S)ENCV6'V6$;[U:?7K#(, M]*M%O_EE&@FO1X^%@&$$/.YN/40SZJX\R-U;EI?7V3S)KOCN/KMG>IK22WK! M:7BO)EF074[)G1B[>="^RHX`)"H7#VV2A3J3,IY&@;XY\4"7MZ:3@\+HXBEU M0@,;KX)I,L)%:[C])+`MNZV3EA\4C:$O8VP+[LO8VC!V1@I!LM3WJ` M=AOEXTV[^`F7,3ZPV_V&?03B4I&*6V#O(-,=+2#PK0OS MILE+0"J8NKOA9FOCK7I3/CX@%[WY=ZH2;UITOVN7>+@A2=[AP ME_H$P?&&"WBI1Q`P<=.YZ=Y? M:H";S;>"`R1DW'2M"QN0Z'$3LRZ@0)Y1XN9A=;"!Q(Z;(-'CIEQ3T(/4`#?EZH,A)'[<_&MUGK@) MV"5F0EZWX29C0RB"5``W([N%54A=@N%D;9"%U`0W,=N#+J0>SE680-L=49$% M:@Q!#2_)X-!5-1EFQ?HP._FYUO,B2T-*;7M9/#B()K,XFV"2Z5!]3L_$-+!V MF)?36S9;SEDKR/-1=C;FIB-_5_SG^J='XK='/W:TK+_VNKRD]VT@JOK20;>] M'*)1>9^^@SO%H/:6`SJ5TE+=_P M,Q'68PAJ2TG+-43'"GMY@^2$B=I/^HC-&DS[R2$Z&YR,3&TF`VLS2:8SV.OJ MW9F;VDEBQ!]L.TGR04'0=^OSZ!OI:06?TX14#20MB#%WD=1`)R,$,\*GGNX@ M*$^R^7*1GL<+A=,PB,(4ROV>+):+D^5B.:_2XZJSX+H6V>2>Y9/K:VX18E(E M4P7ZGL-1:%3>JFY?'(W<<$*]V_3]V<`-92E[W:: M\0O@K3=:&I+ M<;\KGKW^AZY*1F%PM!9\4&V=FD*/MK=G$`5&:L0&:F_'TVFV3,O5*SDN"E8J M3C.,PE[0.F#TL<;2N"*ED+^D;+>MCV%)Z/WVPEF)GBM##+7GGTBQ>I)A*$;? M2Z&^ZT0,M>I[*>BV8,10S?Y)U-J:AEZ+_>PZ#?NN&C'4PG?3U;B][6;IZ48NBZ/V.>B`I<[_+*G/;A48H2_X,\3"< MDN*HM`\9%F7Q4`F?H$KX#-&B!AEH3:5ZR$0HQK&%CTKRX(B\-S7]R^.TJ$YY M'V5PA]L&5S]P))XX:AXYDL\<_5@_]:]0;!%9\AS5\`FNA@]9(>;Y/KCS#2KZ M0S:Z#TQ)58*"JQ)$5H9C/H=R($EEA:BLD-GO84L(I+)">UI6B*@KN`4BU2%" M7X>(K(KNTZAP$14N(LX/SCOAY'RJ=!1HI2.R-3RS&FO8`)5&HM)(J$HCD=/: MKP5"YROJR\L81*'K*5E18ZZHI`5/UHO7>I_#3H"0FDHQ&85ABBVD\4UE9B): MU5P70B<)@7/SH%^<\[/\/IFR:/PULN%V'PFMQR2_3!;)/,[/L[2O)K:Q$+J< M9(N[+.43(JI2^>04-JG@,`04^;@_\7E$>3_]<)CF; M"<:L,EG3F0MFQV$PI8?L<'UAXZ_FMS@1Y1/R"Y8LOB[SHF(4$U:7,1#8SUGI M\FHU8OY2LUW7ZL:EB/>;@!Z*Z!R_BX*N&X8L)0X,=5)0-^O[5] M7!5P66JA*/KCJI!F,=8I^(,Q29G."BF'"U$.UX!KU)`E4@X)%;4A$\1J@H., MVJ4J.&13_D-)]CW^C?LB$OS/J<'=W1"Y6_(#D-A/"IQ$UR)&[(D.H*D,C94QH;*V%`9&UKH MA49/6(\VJ%0-+>Q\6\X@+[:H'(WE4HW*T1!W#YN[J>1,H"5GR)[H6OUQ'$]E M93#B#[ZL##FF\(A^^YOIZV'HY*"+QICQ8JX8HT9.5NG7*I]V_D-@?/_P.XMS M4ST8FSP\9H'@(+(AE5*>\!TZX>MD2(/A>^V$KY,:#(5/9"?:\?G-871B#YOY M>#]!VDT1:5T8ZA?L"O\01Z&"7>&_QE&/8$?XPG3;]0\D2V]]IH M>_\Q.L]&ZV<&:8K(8C@I/37P]%0R0E33?7"'(Y2Y2B:Z!SQ)2:V!)[62D=&Q M)>6[4KXKY;M2OBLM#_>5N;`>HU`J+"T'$1O5(*_7*$N6LF2)\?$[)YR,3PFT M>Y%`2Z9&X0*46TNYM2'EUI+/"GQYH/^H23FJO2@@PQ:Q:@267$H'`NQC MMMY/X9Y60;P9R(]7"V5F\N/50IFQ_&BUPLQDIC4AQ?%2DC,9(C)#I$!"_\EF M0\M_)@LLYH1T,;_:]\\/_M]2V>]VTFJK"?O@<8B-:S&G#2N!DE-Z-\BFG_S/=0U0OMWZK)W$5_ZBX*_-:NA`=><%U9,5U!(]KS%=6 M9ERUA`=<%G]?2WC`9?'WM80'7!9_7TMXP&7Q][6$!UP6?U]+>,!E\?>UA`=< M%G]?2WC`9?'WM80'7!9_7TO`XU+5K^E*>,!E]?>1%W\?6?U]Y,7?1U9_'WGQ M]Y'5WT=>_'UD]?>1%W\?6?U]Y,7?1U9_'WGQ]Y'5WT=>_'UD]?>1%W\_MOK[ ML=?Z9"Z'Z\J#1N^Q-;N`[]9.\UIDK"_^UNDDAH)B?56HSR\QU`S;`7G4+0L6 M"/)Q@[S#9LB1KPOG=?@..?)7#?(.(R)'OJ[JU^%,Y,C?K(DI*%JMCVLE]*!( MM3[1E="#XM/ZT%="#XI'ZW-A"3TH(JV/CB7TH)BT/EV6T(.BTOH`6D(/BDOK M,VH)/2@RK8^Q)?2@V+0^Z9;;I*#8M#X,E]"#8M/ZO%Q"#XI-ZR-U"3TP-MTH M^3P.C$VCC9+I@;%IM&;3<6!L&JW9=!P8FT9K-AT'QJ;1FDW'@;%IM&;3P\#8 M-%JSZ6%@;!JMV?0P,#:-UFQZ&!B;CM=L>NB<6.>CQBW%RE.M/^J40`:')SEE MF$7(J","61K5@Z'.!V0Z6$R'2B[X(::A=CBX9WE\H["\)^HU\K9E>_7CU#88 M8J<19/4`J>U!>&T/R`*1SO7!G8]0+P2RSWUGR.%4S'4^)2'&0V)1@SPVH3*Z MEB,;*J-+7._;,^'D>JJM:ZZMB[=F/MD9BAGMM;#MX(Z>GZE@;0@5=TU'YX\K MN$N+A5"=&*K%PI`[)^(MP4\6YGTNAQ+)]$Q%1:B=HD,[Q=V7D9^+:7(\_99< MLCGW7K7]\&>US??[?V7SF<"0S+F-GBV2,^Y0OFM7GD_RJW[75-0QL!HS!T_PT'Y)B[H*TE/.']G<:ZL]*T7]8E454-4+^H1J;+*KU[4$]++A/O,IJ:@$^+V M$$_(;1U=K"/\)=.ZLZG>6WB_D'^L'M*98"C"^7A%7H-MHYY7D0A)9N9^5>\J=HU4NAY!J@"-*LAI)J3U9(X:UA907C3J@G>PHG M6&R?XK6>*548=PH^&1N%7.QU\9C0,O7E$O@B*?ZH+>.4S_ED_FM:?;%'VN.[ MD8CKJI_`_U,\Y&7]E%']F-&/YD%_[5HE8Z]O'[WO+5%%&P:=DD^FAF92#^[` MA'+OR1"#X3R*I=?%TJ-+NB=3HAT5!*6.+**>EWE[Q$];C MC>'44T)738%,9]`WRU0XR7*K3863B+T'SMY4(-SF:/%/`5+_^:/J$3I4,=,ZS'B?F5.;5MW`G()0/13:YCTPX MG'A9?*E09$5T".*.B4)G*726.)TXG=*=]>G.^')BR*KH0I$RGU%G/N^^^J)V M893<39,R118:5/.=V\7?!;L2..4[+\WC1]AIZ,=C-@[I/8OOOL/[L%Q;/ M^+0R?=)&!`+9Y.L_^;M([ID66%<"%->7/%G$^8,A0],@"HKTDG&W/7/$JA*& M0/OA^QU?'^J_=OOO@)C.XSR/Q;LQO#^#*-A6Z3:;PY'H5%YJ[K*<1P&J,$&@+-%U01HDGY9YM/;N&"%^[?I^S.`&O)-*2WC"'MV<0!49JQ`9J;\?3:;9,R]4K M.2X*5BI.I8W"7M`Z8/2QQM*X(J40R([DCHG5<7JS6BWKUZEZ23\X#6M5HS#, M;$SCF^K\2*R5S8:CDX3`N+VB M/)[^N4SX[N'C,IT)F^(>PP6SXS#`5(QB MPNHR!@+[.2M=7JU&#,?;%7<#D^LKEB^2-%8OGG;Z$9`;D"POK[-YDETM\S3C M:+2GO7I)+S@-![\F62]8+]272VHQ0&_V,Q]4URX>B3!:TYI5>DQT^`\DJ\N)M;PSO:8O`(WS_\SF+]QL0H M#(^V1VB*882OMZP]_C<*PZ,5CS^(;#"EE"=\AT[X.KF"8/A>.^%[[0M?=."" M3TAYL/)L?3N\@\5;1OO5IY M1C4"'G>/`SO#"'C<)_.LX,LQ9]1=>9!(#;Y?*MG-@W:EV1&`1.7",B992*S- MT?9)ED[YCBW77(O8Y*'R+8R9%J!?6SS0Y4OKY*`PNG@BG1P41KO744M!X?N4 M%>QSEK('-;"-/X/-O"R=B5O*(KE.V.RRC,NEXEA#+PF%LWHMG^/\#U:*HQ,U MQ(X0W%LLSU*17S@[97=\#_4";E4A.UZS((S&ITZ_ZM/X*A,83YM?\. MA4F-!.;Y[_G^ZC;.R^-TME'CITH8UI*8RQC@XG`N%&<1!T:\4SV95QGD\ MKYU[58W*B%&M[AS4=\N'NCANDRPDUM5'7%T>5FE> MG[)XIIB^]A$@-]QINHSGM?O7KL*40N#H#*LRG1PTQC-NRM7K49=V,(A"(XV. MCA3GCUT)#[@4Y^=="0^XQE96G&]]8+KG177.R^XCJRXCN!QC0\.+/Z^EO"`R^+O:PD/N"S^OI;P M@,OB[VL)#[@L_KZ6\(#+XN]K"0^X+/Z^EO"`R^+O:PD/N"S^OI;P@,OB[VL) M>%RJ^(*NA`=<5G\?>?'WD=7?1U[\?63U]Y$7?Q]9_7WDQ=]'5G\?>?'WD=7? M1U[\?63U]Y$7?Q]9_7WDQ=]'5G\?>?'W8ZN_'P/Y>WFRZ1*O89*%Q&J/V]!+ M0N*\8'&1I77S%#:K"[@GHJR;J.:29XNSQ8+-DKAD\X5)I@A8 M>(K?A-6]NJ3\F.45QO.LK`K:L=E9NBZ::U+3:3B$1N(F\RH3)[\UJ$\";!>Y M1@SRG;)PSPU#$.\(^^)&CR^P!QVA276JGJXN-EVN`AW M'.9#@XW0G9.JLH%B%>4R!@)[]<3S[)3-EM.JV&E6%K=1/M[] MKR*CO/;%'T7]!;Z/49>T<1SG0XQ:Z$?ZT&.2UHV8 M)M>R*>7E;?;-W&'7/-"'%AME,22::J(H"H+T&.IE7O4+9=6.\8&]V>G7VTYU MG*K.PG[+81X"QR]I">DETG%%ZO`32?$[2&>D-L" M4ZTC('!O),]=LGO&G_SP>\+F,ZWKM0[PBMK@A%W&^,2N216QB/M$[`[6&TZ^ M9_CPYS*YC^=\9>D.6C4,0H.KVR0O'ZPVJ!'S@-!@;WI)>)P:VU(*P:.S`0/& MY&(S1N%MM$_'N M!%"APMWM<+J"W8FOP@F[V_=TW64Z!/R7BEZH*PTZ$5NH-&@W2UV![H1S802M M.JY^$?:'"K^NMN@+?B0U##7YCI21YJ;/]1J5`SZ:K4BG<;.O8?U4J@YN% M=VR]*I7#3=6]^J]*E7#3N%,S5JD*;D9_?/-5J2=NWC=V9)4JX%X%M)JV2M"X MJ=_0RU4J@)O^MQJ^RCU=$(2O[@(K50B"WC>;M5`0W+SNTK)4G MF;C9VJ&#K50$-V=;X>-F;LP=^]#CC$S=T=#2XV;TQ?X>9K0R=>J0!NGK9WYI5Z MX"9LMRZ]4I<@^%K9NU=J@)NW^_?NE7KA9G&W/KY2%]RD[M;35^J"F\5[-?:5 M*N$F=KW7Q88L?- MZ^K&Q#+T,P@";S4MEMB#X&;'QL52IR!XVM[!6*H3$CNK.AI+/4(B:E6'8ZE' M4&RMZ'@L]0B)K54=D*4>(5&VX?ST34CTW:W&(+7`3>2=)LHR$P(WAYM:*TL- M<#.YK=FRU`(W=V]U9):0S1(^;E75=G"5ZW%RL[O`LL>/FWU83:`D: M-]GJFT-+_+A)5MDY6D+'S:Q.;:1EWAYNMMWJ-2TAXZ;7=C=JB1H_G:ZQXN91 MES[64A/%-#!3??=MN'-\!Q MDVNWOW@#'#>]=AN0-\!QLVJW0WD#/!P:K5N8-\##(=&ZQWD#/!S^K)N@-\## MXBM"'DEKVY#^@9X M2,P9;3`G\CI>W9;V#?"0F#/:8$[DU;M:P#>8$WGMKA;P#>9$7K2K!7R#.9&7 MZFH!WV!.Y#6Z6L`WF!-Y,:YMX.,-YD1>LQC"]R+DU;:D"MH8O@AYE:WW M3<=[T>OPDHF++C;KU]JP414W^ZY5K4(]9`?'\ZRLBBVSV5FZ[E6QH15N:F[W MIE\UO6O0X^9G^4W:6FS=E47(2W/IE-A0`#=GJ_O8MV<2;OIN@B64NK3F$VY" M-ZNRH09N>O^4?;-/JC#H7:G*]IQ"7IW+J,F&%K@IW!97&R$OS=7&+P*,]-%% M$?+B7&UM-N(W3ZJB4!MK0^15NBK0Y]DIFRVG`A)?'(H"*+)BRE7\G6U^%]QT MWOXNOXIZ/#67?!2EK/AF<=MUX6;V3G=Z$9$W9_=Q6EYE_,O(>GT;"N'F][9" MDY15.Y')]?$U]\I0DO ME0J*=GC(JW@IM&CMUI"7[U(HT*HP$R&OWJ738./"#7D-+XT&F_?YR"MY*32X M3"IZ7,7QKS5!7M=+H8DZ&2%"7N1+T>I^NX5\HP=NSM;JH2`+Y$6]=*IL9SY& MR$MZZ;384``W9RL44+6V;[3!3>!7MTE>/NBM&S=YM]"K;!HW=V\KT+9DW*R] MC7T-&WG9K@:VR6K7A;O^\V5+A4_\?]9_^9<7+T:GR8*EHO+^Z)1=Q\MY68Q> MO*C_K!BWI3O?-K*TJLE=_^N6]M^^??LYJ3HX%C]/L\7+2G/1B8'O.9G/W7//L:SS]SD7DAFB"(YL;9;#EE>?'AZF/S M8I)2//G@X"!Z=S02.LG'\/\AGO2R?M2H?M9(/&ST0S[N+RZT>N1(/'-4/W14 M/W7T_\2+N_]W5#]\U#Q])!Z_-4?X!GKK[?#_'9=9\WUO/XAY4H^:"RM(P%D6?4CM7:U_6?/5J5YB]**MK&N;&A,-A2(#>5Y/5'SO#U/ MMP^K0PZUONGOVWP*],[I!,;B],K@E'K1!6 M5W(:H]-*0IC=^IDZ<^M*>#8SRYN5-8D[L&67*4<#^X7KD$^77YDPL)7$Z-^X M#!N=E6Q1C,IL+?/OSVA[J^7MVO(NEXM%G#_\FE8?B4>1L+S50UIVMWK2Z$?SK$VCDP\J)CM;"0#OOIYMW_BT!G@KI_2+QA0-)KCUKML;,BW^OCNTRH"Y7Q<'-<]* MD3P/3ADY MS(I)RK?T99Y\K5H$%)^WKMK6<*T#O*(^3F=5AD=O].V!_E823W8Z]=S!1D^B MA74ZM7UUD,JT9U?/\T-:ZH7%3UB/-QY].8=J@:?$V_=DGI9VV(XK]O(&V0E3 M4E2/?7WP9CRN'LK_X1^7_.L>O'K]YO!(N:91B_@]!]GE]MI?9+3NRPJXZK=+ M!S6!NR"<[`U\1XF*RXVX>UX&$J=C-:A]OU[?G>5/Q/=^%1V-QUJ6[XKXW1`_ M\FK?^^F$`W[U:^]Y>JRF_^/YG*@>CV?"1/7Z;(8U,)7,.]]^ M>RO+>Q&_(>CN9VEMRQ/ M2G%0-[K.\M%ZG?VWT2C/_]9%36;HV0R?9L(_-[:F")8>6B,"@6SR]9_N``VC(#$?2%* M*TZN/WR?5D46*Q.S8S>/`L3_X7N\N)M;Z:(M!H_P_8.H7..(LR4,C[8'U1E& M^'K+6O=L%(9'^UM2WEZP&5M4"&PNNL]8#S,F6Z/98?981OO5I]>L,@STJT6_ M^64:":]'CX6`800\[FX=13/JKCS(K5N6E]?9/,FN^.X^NV=ZFM)+>L%I>*\F M69!=3LF=&+MYT+[*C@`D*AWII.#PNCB*75R4!CM M7E$M!8%/MC8X3F?:_@!MM"YC@*/Q7::J11SR;;O`-H!V&^7C M3;OX"9W7<3@'!C5]UG=P. M>$6I0?N^>1W<@Q^TH=$,[M+-NNOI%7CC<]NH/0PWP!WC0D#4&7]MUXTU4M(/"M"_.F.4Q` M*IBZPN%F:^.M>E-V/B`5S'?K4B/<#-[O?EWJA)O6G2_:Y=XN"%)WN'"7^@3! M\88+>*E'$!ROO9*76N!F=_U5O<2/F^!-%_A2`]S\WKGAE[!QT[GIWE]J@)O- MMX(#)&3<=*T+&Y#H<1.S+J!`GE'BYF%UL('$CIMS74(/I":X6=<2C2"5P$VZ MIA@%J0%NVNT$,4C8N+E6%]X@T>.F7%/0@]0`-^7J@R$D?MS\:W6>N`G8)69" M7K?A)F-#*()4`#UDN.(B&LSB[7Y+A4$U.KZ0TL):7E]-; M-EO.62NX\Y%6-N:&(W]9_.?ZQT?BUT<_=K"KO_:ZI*3W[1^J>M)!M[83P3&20=T9.F*C%I(\XK,&TF!R>J\')QM1*,K!6DF0X`[V>WIVU MJ64D1OS!MHPD#Q0`=;<^CKY=GE;P.0U(U232@AASIT@-=#)!(!-\ZLD.@O(D MFR\7Z7F\4+@,@RA,,=SOR6*Y.%DNEO,J!:XZ_ZWKC4WN63ZYON;VD-Y\R9.I M`GW/X2@T*F]5-RZ.PP`UV`!PMK@3GFZ2?EGFT]NX8(7[M^G[,X`:RO)V.\TY MM\$(M#'.-_,@/[-MDEZP)+UG1J5'!<%7T5I M34DM[`6M`T8?:RR-*U(*^4N\=MOX&):$WF\MG)7HN3+$4%_^B12K)QF&@O.] M%.J[3L10C[Z7@FX+1@P5ZY]$K:UIZ+6@SZ[3L.^J$4.]>S==C]M4!2V+Z7I:L7M2@*V^^H!Y)2]KNL,K==:(2RK,_PCL(I M!8[*]Y!94=8.E>D)J$S/\.QID*'55(Z'#(3B&M/.:3N5W?$>:6]JZ)?':5&= M[C[2W`ZWS:U^Y$@\<]0\="2?.OJQ?NY?(5@BLD0YJM,37)T>LD&\LWUPIQI4 MV(;@OSO99?I],633^&MEPNX^$UF.27R:+9![GYUG:5Q/;6`A= M3K+%79;R"1%5Z7IR"IM45$QB@FKRQ@([.>L M='FU&C%_Z=>N*W7C4L3[#4`/1?0+%0Q5?5RU<%^V8"CMLXM6MB4,AHH^KGHY MK&LP5/+IK8Y^L8.ADD]O=?0K(`S%>IP]M44)KZ5Z7)5P7#%A*.+CJI(!O]_Z M/:X*N"RU4!3V<55(LQCK%/7!F(Y,)X64L:4'BB"C>2!U:,@.*6>$"M>0`6(T MP$'&Z5*E&[(HWP$D^Q[S1J5Q8.*\5P;PX7N\N)NS)S.^5]O&MWK*:/68X*P- M6>X6E;\)KOS-P.W,^XP>W($)E;@A*PR#[:B,37!E;,B.Z-B12M50J1HJ54.E M:FB1%Q(Y83W2H'(TM*C#?42QEU=95'+&(MX?,VU16)M"R,F1-=(U. MI6.H=`RRTC'DED(C^>TOIJ]ZH9.#+@QCQHNY*HP:.=FD3YM\VMD/@?']P^\L MSDTU7VSR\)@%@H/(AE1*><)WZ(2ODP4-AN^U$[Y.^B\4/I&!:,?G-T_1B3ML MYN/]Y&@W1:1U8:A1L"O\0QS%"':%_QI'S8$=X0O3;=<8P)A\,/#E#H5B4NXJ MV1J"K<4P`\4H/Y6,C"[N*0>5K`8S-0WF@HSR3'T$=YQG%VS&%G?B(4]F>:^- MEO*^BE@?YCNB8:JL?X3;DUZ1%.^JU*"S)OI.8- M8TC0V/MF\IK'^M7%+<-7-0(!;FOFKVH$`MS6C"/^X[9G"JA%8\B4=Z*^/ MV7H_?7M:!?%F&3]>+939QX]7"V56\J/5"C-;F5:$%+5+B5 M#2W'F>QOX-$:E/Y,!D57GY09O0>9T75CZJNLC.<7K%SF_"VYF]W[.#_APJ7* M_-XH&V!7#QJMGC3:PLQQN4H4Q+.^^F,\B[+U/&<:`9QV10=+W^2):GS&*,^(//+";/%"#5RU=0/5*?ZZ@1 M@\X3-J+%G!JL!$XFZ=DDGW+R/]/=0_5BZS=Z$E=QCHI[!I40.#I#EK%.#AKC M&3?/ZO6U*>,"ER,'N2GC`-;;BZESK@.!2Y'YW)3S@ M>F7%U,!E\?>UA`=<%G]?2WC`9?'WM80'7!9_7TMXP&7Q][6$!UP6?U]+>,!E M\?>UA`=<%G]?2WC`9?'WM00\+E6-FJZ$!UQ6?Q]Y\?>1U=]'7OQ]9/7WD1=_ M'UG]?>3%WT=6?Q]Y\?>1U=]'7OQ]9/7WD1=_'UG]?>3%WT=6?Q]Y\?=CJ[\? M>ZU!YG*TKCQH]!Y3LPOX;GTTKX7$^N)OG4YB*!K65X7Z_!)#7;`=D$?=TE^! M(!\WR#MLAASYNCA>A^^0(W_5(.\P(G+DZ\I]'&)M&:S8=!\:FT9I-QX&Q:;1FTW%@;!JMV70<&)M&:S8]#(Q- MHS6;'@;&IM&:30\#8]-HS::'@;'I>,VFA\XI=3ZJV5*D/%7VHVX(9&XX$E.& M672,NAZ0G5$%&.IN0(:#P7"HS((?4AIJ%X-[ELS$6([%/8TR,,2*I=K M.:BAJKT5O%(9N MQ^"`''-3!@-\LE^,]OMD)Y^\LSI6%G_6B/I&J2DKJ13TB M519]U8MZ0GJ9<(_9E)AS0MP>X@FYK<&'=82_W$IW+M5["^_WM8_50SH3##49 M'Z_(Z^Z&(DA%(B2%&A^E2-M#8:C?^"B%U#5`W[@>J'I)JJ$U+\488X@Q'G+F M-=D@13Z&E":*.[^:K(DBB?8F=Q1W1C:9&MW([W$=D=`2M^7B]R(I_JBMXI25 M<3+_-:V^V*.M\=U(A/W4S^#_*1[SLG[.J'[0Z$?SJ+]V*9FPUS>.WO>4J`+1 M@L[0)D-#,J4'=TQ"J=ADAH'P'858ZT*LT>5@DR'1SHUBJ2F6FF*I*9::EGEA MLA/68XWAE-9!EUQ/AC/@FV2JH6.YQ:8:.L3<@V9N*I9C+I:#+A.>S(EB6:@J M#E7%Z4_]SYL`37XI6)I??S)]VJ9*!CJO68\3,K/A'>\]__PX13+>\OBL*J;.Y( MV%SS(+75B<>-?L@'!F!YR"*"*-$IG$0GLCETLWMPYQZ4\T06N7\L.)RX6'SI M3F1#=/3ABHE"9"E$EOB<^)S2F77IS/CR7LBFZ`*1,ILILYDRFRFSF19_>T14 M.!=_E"J%+U6*+(NNZ2EKBK*F$&=-D8O:`_*G!*J]2:`B>PPIE\KM7NB"W8A] M8YR6Y_&B[3/T8K#;!G5KO/;?8;W9+RR>\4EE^J2-"`2RR==_\G>1W#,ML*X$ M**XO>;*(\P=#PIY!%!3I)>-.>^:(524,@?;#]SN^-M1_[?;?`3&=QWD>BW=C M>'\&4;!MTFTVYPS^D7&VBC5]0W5R/C!F\^4B57AILR@$TL_Q]V2Q7)PL%\MY M]36KL\<3#NJ&3>Y9/KF^YJN8](;;]52!ON=P%!J5MZK3?L=A@!IL`#A;5+U? M)NF793Z]C0M6N'^;OC\#J"'?D#*^ZIOM-.?L&2])X5 M)9N=)O?)C.\VQ+7$UC6%7;5'_"+(>I#-V*+B!.YWQ;/7_Z!8&9J$P=%:\$&M M&+@+26^8P]LSB`(C-6(#M;?CZ31;IN7JE1P7!=_>:DU)+>P%K0-&'VLLC2M2 M"H'L2.Z86!VG-ZO5LGZ=JI?T@].P5C4*P\S&-+ZISH[$6MEL.#I)")R;O";N M\UE^SU9R?9VE?36QC(70YR?CJ-^43(JK<@)S" M)A4/B[3F;`I[C%<,#L. M`SQW,L+UA8V_FM_B1.Q*^)(U67Q=YD7%*":L+F,@L)^STN75:L1PO%UQ-S"Y MOF+Y(DEC]>)IIQ\!N0')\O(ZFR?9U3)/,XY&>]JKE_2"TW#P:Y+U@O5"?;FD M%@/T9A^SK$RSDA7V4W25**3?E>=/]3F-`V##"$C<%V+//KG>V+V[8#>/`L3_ M/F?Q'W=9DI;BQESLF_6\IY3U@O5SDHJ=_EEUDE>5!V+U0N)X(6`Y:&#]!4"] MY"RXRN-9O1;B:\]%4HBH+?W7L(P"M0%VE[."O\3W67G[.2Y*SGG5@FZF.@IQ M&P6)G__?>5R3\N2:[PQS-EWFXNS>=-K4:S#X3N&M(*KTW-HR`Q'V>E2<9?^Y\!468\NF2767M.:57 MI,=/@/)*O+B;6\,[VF+P"-\__,YB_<;$*`R/MD=HBF&$K[>L/?XW"L.C%8\_ MB&PPI90G?(=.^`Z]X7OMA.^U+WS1@0L^(>7!RK/U[?`.%F\9[5>?7I[`,-"O M%FX>0C4"`6ZKYU"-0(#;ZE%4(_SCMGL:U0AXW#T.[`PCX'&?S+."+\><47?E M02(U^'ZI9#*8PV])!3.ZK74N7;BZ$0-L2,$]Q;+LU3D%LY.V1V?7/Q7'_@_E$FY MU$3MN@P"LQK=NG_KCV!H#&%^[;]#85(C@7G^>[Z_NHWS\CB=;93OJ=*%M23F M,@:X?I@+Q5G$@1%OE+@^F\^71;5R*?XGSI/X:S)/RH?)=9V2:2[:UN=G@#6< MI-5YRB3_Q`JS$BU)8)S'LUF5;Q[/:^=^EL[8=R->S0AHW/=Q,E]]Y2^WG)S, MF+O2'O'^QKY>)J5XD;EM5BE>7W*XIEB^MI'@-QPI^DRGM?N7[L*4PJ! MHS.LRG1RT!C/N"E7KT==VL$@"HTT.CI2G#]V)3S@4IR?=R4\X!I;<76*:X+@ M4IS;=R4\X'IEQ?7*"R[%?4%7P@.N-U9<;[S@>FO%]=8+KG=67.^\X#JRXCJ" MQS4^.+#X^UK"`RZ+OZ\E/."R^/M:P@,NB[^O)3S@LOC[6L(#+HN_KR4\X++X M^UK"`RZ+OZ\E/."R^/M:P@,NB[^O)>!QJ>(+NA(><%G]?>3%WT=6?Q]Y\?>1 MU=]'7OQ]9/7WD1=_'UG]?>3%WT=6?Q]Y\?>1U=]'7OQ]9/7WD1=_'UG]?>3% MWX^M_GX,Y._ER:9+O(9)%A*K/6Y#+PF)\X+%199>,G%6S&9U\?9$E'43U5SR M;'&V6+!9$I=L_O`E9U,F3NN_L#S)%`$+3_&;L+I7EY0?L[S">)Z554$[-CM+ MUT5S36HZ#8?02-QD7F7BY+<&]4F`[2+7B$&^\S8$]<&V6=HG7G>L,#A_26YN M65'^]Y(C8/G\P?C]C<*@]X)*(.:Y8!KC'WM?W#"8/V7?G">'21;R_2IQF*>& M88AWY#U1@\<7F,.NL,1:50\7-]L.%^&.PWQHL!&Z MG;+9DS2N@G3Y%JV9KR\S;Z9F[":!_K08J,LAD13 M311%09`>0[W,JWZAK-HQ/K`W._UZVZF.4Y6;M)WWMC!/]?K^>GQ[7Z41N$!KL32\)CU-C6THA>'0V8,"87&S&*+R-]HG[6%?=JU\LMKJ".W;> MU?<@!>K!_0CL>;=):;OO-DK0BA:F*]R=`"I4N+L=3E>P._%5.&%W^YZN>TR' M@/]2T0MUI4$G8@N5!NUFJ2O0G7`NC*!5QY4K_)VP+U3X=;U55^`[L6&HP6^L ME"0O=;;?J!3HV715*H6;;1W[KTIE<+/PCJU7I7*XJ;I7_U6I$FX:=VK&*E7! MS>B/;[XJ]<3-^\:.K%(%W*N`5M-6"1HW]1MZN4H%<-/_5L-7N:<+@O#576"E M"D'0^V9S#@D<-Y4K.\A*Z+B)6M]95N+'SQLK&M#*_'C9EGW=K12 M']R4VZ6M?(D$S=;.W2PE8K@YFPK?-S,[=CE5BJ# MF\M-R'&SN$M'7*D);C+7-,N5X'$S^4Z=X MN;NCP<7FC>DKW'QMZ,0K%<#-T_;.O%(/W(3MUJ57ZA($7RM[]TH-82P,>O3[E8H%L4IHMP*6X(-8(*C[`TL5`ED+:/L%2SV" M6`>HFPA+%8*@_U:#88D=-\^KFP]+[+AY7=V86(9^!D'@K:;%$GL0W.S8N%CJ M%`1/VSL82W5"8F=51V.I1TA$K>IP+/4(BJT5'8^E'B&QM:H#LM0C),HVG)^^ M"8F^N]48I!:XB;S31%EF0N#F<%-K9:D!;B:W-5N66N#F[JV.S!(R;G[6]6J6 MZ'&SLJZ+LT2/FXO5'9XE=MS\VVH"+4'C)EM].GTS56W#SJTL=::H*;4RVMK:42N*EUQZ[64CG< MW*OO=BWQXZ9A>_=KJ0=N.C9WQ)8ZX.9EQ^;8,BD=-S.[-;^FM+#<)@9$7L>KV]*^`1X2E<+^`9S(J_=U0*^P9S(BW:U@&\P)_)272W@&\R)O$97"_@&AU>,G'1Q6;]6ALVJN)FW[6J M5:B'[.!XGI55L64V.TO7O2HVM,)-S>W>]*NF=PUZW/PLOTE;BZV[L@AY:2Z= M$AL*X.9L=1_[]DS"3=]-L(12E]9\PDWH9E4VU,!-[Y^R;_9)%0:]*U79GE/( MJW,9-=G0`C>%V^)J(^2EN=KX18"1/KHH0EZ MZ4XO(O+F[#Y.RZN,?QE9KV]#(=S\WE9HDK)J)S*Y/K[F7IFK='F;?=OTRKB) MOJW/1NDQJ5`U_?(-C7#S?F?*Z4-9(^35N=JJ-(O$O14+P=JQPA+^&E4D'1#@]Y%2^%%JW=&O+R70H%6A5F M(N35NW0:;%RX(:_AI=%@\SX?>24OA0:7246/JSC^M2;(ZWHI-%$G(T3(BWPI M6MUOMY!O],#-V5H]%&2!O*B73I7MS,<(>4DOG18;"N#F;(4"JM;VC3:X"?SJ M-LG+![UUXR;O%GJ53>/F[FT%VI:,F[6WL:]A(R_;U<`V6>VZ<-=_OFRI\(G_ MS_HO__+BQ>@T6;!45-X?G;+K>#DOB]&+%_6?%>.V=.?;1I96-;GK?]W2_MNW M;S\G50?'XN=IMGA9:2XZ,?`]YS)G:RU/61DG<[ZVB#_,J[8XQ6I872E[^O`+ MF]VPV>?+D[,/"Y;?\`UK[;R*#U3E.+9!P<'T='12&@E'\3_AWC6R_IA MH_II(_&XT0_YP+^XT.JA(_G44?W8D7CN2#YXM'KR2#QZ:X;P[?/6N^'_.RZS MYNO>YNQZ>V(4;/KS37;_BEY9'=[87=?6(W\?Q#RA5\T-A91P+(KNI':JUJ^\^>;4KS%J4-;6-= M6="8+"@("\KS>IKF>7N6;A\U?V:Q4$=A10:Y)[*EGAB51F64]&A?UK?5A#"Z]3-UQM:5\&QDEC+.'_X-:T^ M$INMAHCY_E_S[&L\_Z]L/OO,@>9J0^.S0!C:ZG=;9K;Z\=&/YN*NJ+DQ-QK02`-Y-O1GL;.M=M_=;6OQ]-V"5 ME8X^5ZQ%[^=@:HN(I`^J^AQO$3A[L99"' M%L^#4T;QLF*2\BUVF2=?JW+]Q>>M:Z\U7.L`KZB/TUF5;=$;?7N@OS7!DYT7 M/7?@SY-H89U.;8<C,?50_D__..2?\^#P]?OWHV5JQ.UB-^SB5WNA?W%&^N^ MK("K?KMT>!*"G\')P\#7?*A8V8B[YWT:L;-7J]GW:^C=^?I$Q!X<'!V]>ZWE MZZZ(WTWJ(Z_`O9\8..!7O_:>Q[9J(C^>SXFT!TS:^I#^-3"5S'/:3#R?=\S$ MGD#>?GLK\WC-Y?B#9N7?1"@5F_W]IS)?LO4_9FG)Y_4JANKO/Q7L1OR'HTV= MI;EG\M]$HS__614VV!F%K3S.KGQM;4^Y)#ZT1@4`V^?I/ M;D#)/=,"ZTJ`XOJ2)V+.;12%T`+LBH(BO63\%F;%$AL+GH/F,]S)ALC6:'V6,9[5>?7K/*,-"O M%OWFEVDDO!X]%@*&$?"XNQ4#S:B[\B"79%E>7F?S)+OBN_OLGNEI2B_I!:?A MO9ID078Y)7=B[.9!^RH[`I"H7#RT21;J3,IX&@7ZYL0#7=Z:3@X*HXNGU,E! M8;1[1;44!#Y9Q/\XG6DKX;?1NHP!CG5WF:H6<3@\3HXIM,LI!8[3Y*+PELZV;GA,4C:8N\VP#[LO(G7,;XP&[W&_81B(LI*FZ!O8<;N^#N7A(#Y3,]$>SNU7$[]P(W?M5U M+_[=:D3;EIWOFB7>[L@2-WAPEWJ M$P3'&R[@I1Y!<+SV2EYJ@9O=]5?U$C]N@C==X$L-(-$CYMR34$/4@/CB72P+M[C.L.@K4 M$X&:/))-425W:C^G*"?N6EN+C(DJ[CYIQ=T@NJ'B;,XX+.N@BI=^Z&5@C1G-0L=?VKR3W+)]?7?-:G M-U_R9*I`WW,X"HW*6]6MAN,P0`TV`)PM[H0_FZ1?EOGT-BY8X?YM^OX,H(:R MW-I.<\YM,`)MC//-/,C/;)ND%RQ)[UE1LMEIMZQB[:H_X19!6 M#TT](^YWQ;/7_]!5R2@,CM:"#ZJ54%-#K-EFFY>B7' M1<%*Q:F$4=@+6@>,/M98&E>D%/*7".RVO3$L";W?)C@KT7-EB*'>^1,I5D\R M#`70>RG4=YV(H3YZ+P7=%HP8*J@_B5I;T]!K@9E=IV'?52.&^NMNNAJ7DQA* ML.^@!H[BZV[`#0M2%!77>VN!I-!Z+TM7+VI1%%K?40\DI=5W665NN]`(99F9 M?3WPIL0PJB=#QD-9+E0XAJP&">7L99`R58@A,Z#80=^&,>!2,*;&;WF<%M6I M:W^C.MPVJOHI(_&84?.:/2$]6B#ZM_0PLZWY0SR M+HH*YECNP:A@#G'WL+F;*NP$6F&'[(FNU1_'\522!R/^X$ORD&,*C^@[7TI? M\L0@"EW'QXH:ZRE$^( MJ$HADU/8I(+#$%#DX_[(]4-`D1_V1ZX?`N(77?%Z17D\_7.9Y&PF"++*H$QG M+I@=A\&4O+'#]86-OYK?XD2D[><7+%E\7>9%Q2@FK"YC(+"?L]+EU6K$_*4$ MNZ['C4L1[R?S/131+U0P5)IQU<)]V8*AW,PN6MF6,!BJS+CJY;"NP5!=IK#/`RF/B6JCD+6A.'T?9HX%%5,A,Z.(5ZJ^0G;CWVXH MKLP/)0VT7,MJSG_X'B_NYNPQ)O9JV\16/SQ:_7((-H4L;XE*L@17DF40UN1] MW@[NN(+*K@S5UG`R%Y56":ZT"EG+,(_VJ'P*E4\Q^R]L24I4/F5/RZ<0!:$] M:J`2*;1`PW!TL)>70E0&Q7(A1650B(/WGX.IU$F@I4[(9H9S[4SE3*B<":IR M)N1\&_QI$'OR-\8;KMO'>,X?6#6-10@"+E4Y)%46`5Y4R&E3,Y M"%,:Y!4XY462;=`E%.4^8@Z&.,\NV(PM[L1#UC90&=:GR?OC3_\U^73Z^>S\ MP\6EQK!>&PWK/T;GV6C]A(Z=U>95/6DD'C6JG[7_URS>=VNH(B7V,`UR_PW+ M^Q0>W($#9422V2'E,TJ.##PY9*#R),<.AMA M/9:@E$E:MB$[9MC+JR/*GJ3L26)F8F9*I-RS1$HRGX%<9U-.)>54(LZI)#^$ MD,;UG\@U#4T]QF_:I4F/<%(P55J0T8(:+8QY0&/OF[UI'NM7%[>L3M4(!+BM MV9ZJ$0AP6[-`52/\X[9GAZI&8,F1+509IP^7BV4 MF:B/5BO,#-7]7^=1["@EJY)Q4:`;Y:WN2=[J_EO5(.,0*(65S(2N_RB;%6UP M2MW3]BHKX_D%*YWV;Y7T;ARI,92^R6(=B4-ZG[N!.("A[=<#FAI._*&LUN*Q5,IC!'N)1MBIE MJYI=&+:X4LI6W=-L56(AS,<.E*5*RS0DQPA[>2M$V:F4G4I,3$Q,6:G!9J62 MV0SJ.IJR42D;%54V*OD?M+0M7T'U2'UFG48,.M?4B!9S>JD2.!D>B.$]Y11_ MIO/]ZEW6+_$DKJ+Y%&?Y*B%P=(;,59T<-,8S;H35ZSF-2PO,EB@TTNCH2)$7 MV97P@$N1U]N5\(!K;,75N3H!P:7()^Y*>,#URHJKDP$(@DN1Q]R5\(#KC177 M&R^XWEIQO?6"ZYT5USLON(ZLN([@<8WY0LJ,JY;P@,OB[VL)#[@L_KZ6\(#+ MXN]K"0^X+/Z^EO"`R^+O:PD/N"S^OI;P@,OB[VL)#[@L_KZ6\(#+XN]K"7A< MJKHG70D/N*S^/O+B[R.KOX^\^/O(ZN\C+_X^LOK[R(N_CZS^/O+B[R.KOX^\ M^/O(ZN\C+_X^LOK[R(N_CZS^/O+B[\=6?S_V6M?*Y0!=>=#H/=9E%_#=FEM> MBU/UQ=\ZG<10B*JO"O7Y)89:4SL@C[KEI`)!/FZ0=]@,.?)UP;4.WR%'_JI! MWF%$Y,C7U>`ZG(D<^9LU,05%J_5QK80>%*G6)[H2>E!\6A_Z2NA!\6A]+BRA M!T6D]=&QA!X4D]:GRQ)Z4%1:'T!+Z$%Q:7U&+:$'1:;U,;:$'A2;UB?=E!L6I^72^A!L6E]I"ZA!\:F&Z6"QX&Q:;11:CLP-HW6;#H.C$VC M-9N.`V/3:,VFX\#8-%JSZ3@P-HW6;'H8&)M&:S8]#(Q-HS6;'@;&IM&:30\# M8]/QFDT/G9/@?-1G'4H\/-6[HXK[9%14I(LJ[0=7:7\HUC3(6BI489_,@TH9 M4&5]?(5U[ED>WRBL:]U3PFQG*OMZV[*O^AEJ.VLWKW"QNOUN'NU]#X>J_LY^ ME-L?LI5YG\^#.Y.@&OQD@_O`=,.I\.I\,D',A8BY]O*H@LJ^6HY)J.PK*MU4ZVA.M4];D*L0[N2/>9"JR&4"'6="3]N`*Q1/J8'14JTA]R M!SV\I=_)BBABY_F+8%!;/8>V>KLO!S\7T^1X^BVY9'/NH=;V>;9(M.M#AS%^ MUS74]6]87?_0*N5H+4\2X@'4<(%8/ZBU\];WJM^AOE"]41BZ(X,#ESV0,8VD\"G1/4E:0GG+^S.%?6?M:+^D2JJBJI%_6(5%GW52_J">EE MPOUB4V7."7%[B"?DMAX?UA'^TBO=&5/O+;Q?03]6#^E,,)1E?+PBK\$V.\^K M2(2D5N.C%&E[*`PE'!^ED+H,Z!O7$V*]9!M!F,(U#Y%(3U38BGNI&PR*`HR"+XL2&BYVW*Y>I$4?]2&<,K*.)G_ MFE9?C,TJ8_LT>7_\Z;\FGTX_GYU_N+C4&-N[D8A-JG^/_Z?XR9?U;X[J'QW] M:'[V+RY0VU7UVR/QXZ/ZUX5=[?4MGO>]':JXN*"3LO?;?+Q/U,$=0E"V]6", M"R1MD%'R^D/HD_I4,M"YK7J\<_[GO_^'R:<:GE_B3-6$[1!QQS#O]_60Q$HE`9#)O2,:[M!7J2'&5J, M,AUFOVUGD#<@0>2&H4QEV6]CH"-)/^0QL&Z"ITDA#CPX_[7-Z#0NX]5YAZ5A MI\J@CH1!-;^M-BGQA-$/^0QA5@XY8'M]!N=]`X;JHBSL7)6!&I;W*3RX,P3* M8B&S"Y3/AA-,B2^?9:"&,LA#!@JSI#!+8F9B9LH\M6>>XDM[(,.AJS3*2?6= MD[K[&HI:`5'*+'IEJ!40K9J#(7^Z8%UI4`Q?4E3Q9Q_F#(M#.(@B*]9-PSSQRQJH0A MT'[X?L=7>?JOW?X[(*;S.,]C\6X,[\\@"K;AN>6

+J@?()/VRS*>W<<$*]V_3]V<`->1;2Y;G;+;3 MG',;C$`;XWPS#_(SVR;I!4O2>U:4;'::W"3S]/.WT(R`W(%E>7F?S)+M:YFG& MT6A/>_627G`:#GY-LEZP7J@OE]1B@-[L8Y:5:5:RPGZ*KA*%]+OR_*D^IW$` M;!@!B?M"[-DGUQN[=Q?LYE&`^-_G+/[C+DO24MR1BWVSGO>4LEZP?DY2L=,_ MJT[RJJI"K%Y('"\$+`<-K+\`J)>7/.=8I=/YWAG>TQ>`1OG_XG<7ZC8E1 M&!YMC]`4PPA?;UE[_&\4AD^Z,`% MGY#R8.79^G9X!XNWC/:K3R]/8!CH5PLW#Z$:@0"WU7.H1B#`;?4HJA'^<=L] MC6H$/.X>!W:&$?"X3^99P9=CSJB[\B"1&GR_5+*;!^U*LR,`B5DZ$[>417*=L-EE&9=+Q;&&7A(*9_5:/L?Y'ZP41R=J MB!TAN+=8GJ4BFW!VRN[XY.*_^L#_H4S*I29JUV40F-7HUOU;?P1#8PCS:_\= M"I,:"1DQMR5]HCW-_;U,BG%B\QMD\,T#%B# M+W%1GF;5_0O_Y`G_=?9QR8W+_.8-HR`]O-6=@_IN^5`7QVV2A<2Z^HBKR\,J MS>M3%L\4T]<^`N2&.TV7\;QV_]I5F%((')UA5::3@\9XQDVY>CWJT@X&46BD MT=&1XORQ*^$!E^+\O"OA`=?8BJM3P!,$E^+N,%UULKKK=><+VSXGKG!=>1%=<1/*[QP8'%W]<2'G!9_'TMX0&7Q=_7 M$AYP6?Q]+>$!E\7?UQ(><%G\?2WA`9?%W]<2'G!9_'TMX0&7Q=_7$AYP6?Q] M+0&/2Q5?T)7P@,OJ[R,O_CZR^OO(B[^/K/X^\N+O(ZN_C[SX^\CJ[R,O_CZR M^OO(B[^/K/X^\N+O(ZN_C[SX^\CJ[R,O_GYL]?=C('\O3S9=XC5,LI!8[7$; M>DE(G!7E!^SO,)XGI5503LV.TO717--:CH-A]!(W&1>9>+DMP;U28#M M(M>(0;[S-@3UP;99VB=>=ZPP.']);FY94?[WDB-@^?S!^/V-PJ#W@DH@YKE@ M&N,?>U_<,)@_9=^<)X=)%O+]*G&8IX9AB'?D/5&#QQ>8PZZPQ%I5#Q>)Z=LMER6A4[S:JBV3(?N&K9UT7O-LK' MN_]59)37OOBCJ+_`]S'JDC:.XWSH4,5US-E]G)97&7^7LCZ,70O]2!]Z3-*Z MG=+D6K9_O+S-OIG[T)H'^M!BHRR&1%--%$5!D!Y#OV,$_U^OYZ?'M?IRMM'/93%OL(D).U>\X;-\PM.,X@ZPNK*53. M+.X)L6:/HY?TA%.7X&T0]8E4=16B%_6(5'E9J1?UA/0RJ?AB%;CIA+@]Q!-R M6V"J=00$[HWDN4MVS_B3'WY/V'RF=;W6`5Y1&YRPRQB?V#6I(A9QGXC=P7K# MR?<,'_Y<)O?QG*\LW4&KAD%H<'6;Y.6#U08U8AX0&NQ-+PF/4V-;2B%X=#9@ MP)A<;,8HO(WVB3M25WVH7RRV^GL[MM?5]R`%ZJ;]".QYMTEINX,V2M"*%J8K MW)T`*E2XNQU.5[`[\54X87?[GJX;28>`_U+1"W6E02=B"Y4&[6:I*]"=<"Z, MH%7'E2O\G;`O5/AUO557X#NQ8:C!;ZR4)"]UMM^H%.C9=%4JA9MM'?NO2F5P ML_".K5>EYIPN"\-5=8*4*0=#[9G,."1PWE2L[R$KHN(E:WUE6 MXL?-RL9VLU(%[&RL:T,K\>-F6?=VM%(?W)3;IRFMU`@W'SOTJ)6*X.9EAY:U M\B03-UL[=+"5BN#F;"M\W,SMV.56*H.;RTW(<;.X2T=:-Z2OOI*77"S>*_& MOE(EW,3NUN17ZH*;XGMU^I6Q+T$0_RX-?J6"82P,]`U_I1YA+`QZ]/N5B@6Q M2FBW`I;@@U@@J/L#2Q4"60MH^P5+/8)8!ZB;"$L5@J#_5H-AB1TWSZN;#TOL MN'E=W9A8AGX&0>"MIL42>Q#<[-BX6.H4!$_;.QA+=4)B9U5'8ZE'2$2MZG`L M]0B*K14=CZ4>(;&UJ@.RU",DRC:,F6WUS:(D?-\DJ.T=+Z+B9U:F-M,S;P\VV6[VF)63<]-KN1BU1XZ?3-5;< M/.K2QUIJ@IM3+:VMI1*XJ77'KM92.=S#@D6O#B\67=);X"'0YQU&_4&>#C,6?=9;PIUA<.<=2/V!G@XS%EW:F^`A\.<=2OW M!G@XS%GW>F^`A\.<=3/X!G@XS%EWBV^`A\.<=3OY!GA(S+D1O14AK^35;4C? M``^).:,-YD1>QZO;TKX!'A)S1AO,B;QZ5POX!G,BK]W5`K[!G,B+=K6`;S`G M\E)=+>`;S(F\1E<+^`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`T$HK(W^;_0_S\R_KW1_4#1N()HQ_R&7]QH=5S1N)!H_I)(_&H4?VL MD7C8UC3@>^2M%\#_=UQFS2>\S=GU]MX/K&;>/XAY2H]:(RI(P%D//4C MM::S_6?/AJ-YB])0MK&NS&1,9H+'3/*\GHMYWIZ*VR?#GUDL%%"8BD'NB0RF M)T:EY1@E/1J1]2UW#^E;X%=6=4A6%8I5-:&A%9[J>DQC5UI)",M:/U-G45T) MSY9D>;.R/G`'MNSXY&A#OW`=\NGR*Q,VM)(8_1N78:.SDBV*49FM9?[]&!Z>, MM&7%).6;[#)/OE8E]8O/6U=3:[C6`5Y1'Z>S*B.B-_KV0']K@R<[)'KNX)PG MT<(ZG=I..4AEVK.KYS$>+=Z0$A'6(XA'WW>A6K(I\?8]":?%FKOW[T[4*Y2U")^SRIVN?GU%QNL^[("KOKM MTF%**+X&)Q\#7P&B8F'6M[NBOC= MM#[RBMS["8(#?O5K[WF4JR;TX_F:<:41=K"8U4[EH5\AYP%BQH^&-6L1!+(@O5OG73&]DG3'M>]5+ M@MS25A4$1*_Y#@[;6^XQ%-#B5'5_-!:G$@5$6LCJ9J)ZXXT+8,,(2-P7H@#@ MY/K#]VE5"K`R,3MV\RA`_!^^QXN[N94NVF+P"-\_B/HJCCA;PO!H>U"=882O MMZQUST9A>+2_)>7M!9NQ187`YJ+[C/4P8[(UFAUFCV6T7WUZS2K#0+]:])M? MII'P>O18"!A&P./N5OLSH^[*@UR897EYG64W(FQFP?MJ^P(0*)R\=`F6:@S*>-I%.B;$P]T>6LZ.2B,+IY2)P>%T>X5 MU5(0^&0!_N-TIJUBWT;K,@8X!MYEJEK$(=^V"UR3+"16ZS0`_>;RH;;5G4X. M$J.+;S+)0F*U^RB])+"MFYT3%H^D+=!N`^S+WMLX>D`&1KK1T*,':+=1/MZT MBY]P&>,#N]UOV$<@+H2HN`7V'G[L@KM[20R4Y_1$L+M7Q^U\#-SX5=?)[5A5 ME!JT[YO743SX01O:H>`N,*R[GEZ!QUU?V')AO=(!=XEA_3WV"C[N*L,];K,E M>^&N/VRXY)8*X.9?^Z5WTTDZ"#W,%^!-V\P0=&G?C3>]OP("W[HP;UJ8!*2" MJ7<9;K8VWJHWQ=$#4L%\MRXUPLW@_>[7I4ZX:=WYHEWN[8(@=8<+=ZE/$!QO MN("7>@3!\=HK>:D%;G;77]5+_+@)WG2!+S7`S>^=&WX)&S>=F^[]I0:XV7PK M.$!"QDW7NK`!B1XW,>L""N09)6X>5@<;2.RX.=/E]);-EG/6 M"L"L[.C3Y/WQI\NS3__SX>+SV?F'BTN-'8VY:S)4A9B#[L2X3\;B?5H.[JB`6BSNJ2GAY!WJG1A, M[\3A&,,@C\J>!RMUZYO MOJ85?$[34/46M"#&W&!0`YV,"]TT!D%YDLV7B_0\7BB<@4$4IFCJ]V2Q7)PL M%\MYE2I5G8W6=:DF]RR?7%_SF9[>?,F3J0)]S^$H-"IO5;<1CL,`-=@`<+:X M$SYLDGY9YM/;N&"%^[?I^S.`&LHR:#O-.;?!"+0QSC?S(#^S;9)>L"2]9T7) M9J?)?3+C9"2N3;:N4>RJ/>(705HP-'6&N-\5SU[_0U:/2JP$%CEN:K"6QVE1G:+V,J3#;4.J'S`23Q@UCQC)9XQ^K)_R%S8;0Y:L M1359@JO),DCK\CZ/!W55!=&5K`83QZV,M[(RI$8[FSHD(TQ-'#XVBJ7!-HY1JRH>%> M>U.I&RIU@ZK4#3FC,`B]\W7T944,HM#U<:RH,5?(T8(GJX2WRN>8_T!(3:5U MC,(PR?-I?%.9CXB"-.?YZR0A<&X>?(MS;Y;?)U,6C;]&-MSN(Z'UF.27R2*9 MQ_EYEO;5Q#860I>3;'&7I7Q"1%5JEIS")A4#]I[Z&(?J&"H8*+JQ;NRQ8,95QV MTV*.&U+(NK$HXK M)@P%6UQ5,N#W6ZO%50&7I1:*(BZN"FD68YT"+AB370=Y!DBY151SA"R,3_'$W9SN:U:MMLUK] MYFCUHZCM"%G^$)4Z":[4R=Y:D/>Y.K@C!RIG,B3[PLE05+(DN)(E`[6001[) M45D2*DMB]EG8DH6H+,F>EB49*.U@/3J@TB.T$*,+'"HO0N5%]K"\R-YZ%IQ< M2R5$`BTA,G0[V?=K82H30F5"4)4)&;K#P43,V]]"7P=!)P==!,2,%W,%$#5R MLK80YC4$QOFV\\DQ MAK;O[4*&@@8I3Y&LB`*?*!<1?R[BWIK/(*^K*=^0[($NCRBG$%NPPGEVP69L M<2<>LJ--O3;:U'^,SK/1^AFH30Q9S""E&P:>;C@,X_(^C0=WJ$"9B&1ZB'F- MDA0#3U(DXQGH,1[E+U+^HMF=88MBI/S%0>0O$B/A/::@U$9:OB$\=MC+:R3* M>J2L1V)H8FA*B-SQ)0B29T("NNRE7DG(E$>=*DB]"2N?ZS^2:>J8>XS>] MTJ1'.*F6*BW(<#UG9#Z7B4!C[YNU:1[K5Q>W;$[5"`2XK5F>JA$(<%NS/U4C M_..V9X6J1F#)C7,@MCYFZ_V4ZVD5Q)M1^GBU4&::/EXME!FHCU8KS,S48:SU M*+Z4DE;)P"@0CO)9]RB?=1B6-<@8!4IU)5-YMJ/X?;\6I"Q8F."5NKGL55;& M\PM6+O.TT!K4^S@_X;]2J@SKC;)E;?6SH]7OCBP&-/I?^8#_V^M;+>_;.%1A M*WN1[;K/1N1]N@[NU(&R6@=F8CAYBK)7@\M>':Z1#/)PCK)4*4O5[+:PQ8]2 MENJ>9JD.EWFP'B-0-BHMQSP>"^SEC0YEG5+6*3'N4!F7LDL#S2XE4]G[ZV+* M(J4L4E19I.1S4-&S?`75(_79;QHQZ)Q0(UK,::!*X&1L04SK9SJ7KUYB_?9. MXBJN3G$&KQ("1V?(*-7)06,\XX97O9[3N+3`;(E"(XV.CA3YBET)#[@4^;9= M"0^XQE98KZ#,N&H)#[@L_KZ6\(#+XN]K"0^X+/Z^EO"`R^+O M:PD/N"S^OI;P@,OB[VL)#[@L_KZ6\(#+XN]K"0^X+/Z^EH#'I:I'TI7P@,OJ M[R,O_CZR^OO(B[^/K/X^\N+O(ZN_C[SX^\CJ[R,O_CZR^OO(B[^/K/X^\N+O M(ZN_C[SX^\CJ[R,O_GYL]?=CK_6F7`[-E0>-WF-7=@'?K87EM6A47_RMTTD, M!:+ZJE"?7V*H`;4#\JA;YBD0Y.,&>8?-D"-?%T+K\!URY*\:Y!U&1(Y\7:6M MPYG(D;]9$U-0M%H?UTKH09%J?:(KH0?%I_6AKX0>%(_6Y\(2>E!$6A\=2^A! M,6E]NBRA!T6E]0&TA!X4E]9GU!)Z4&1:'V-+Z$&Q:7W2+;=)0;%I?1@NH0?% MIO5YN80>%)O61^H2>F!LNE'"=QP8FT8;);`#8]-HS:;CP-@T6K/I.#`VC=9L M.@Z,3:,UFXX#8]-HS::'@;%IM&;3P\#8-%JSZ6%@;!JMV?0P,#8=K]GTT#G! MS4>MU'V.@:<:=%3YG@SIN:][AUE$BRK MWR@L:L>>$&];-E7_O-JV,'>$0%9_CLK8AU?&?FB6Y7T.#^Y<@6K;D]V%RFC# MJ:CJ?+I`#$6-\ZC,*I59W>,RJT/S.#BYF6JOFFNOXJV!3O;C_S3TN0J?#NXH M]ID*FH90D=5TE/RX@JQ$[MB<$RIR'W*G.;PEU7&V2+0K0:=1?M_``3GFK@<&^&29L);Y7#8`AO:30.<$ M=27I">?O+,Z5E97UHCZ1JFHVZD4](E565=6+>D)ZF7!?V-1PPOO%\B/U4,Z$PQ%#Q^OR&NP;"4E7$R_S6MOEA/.WLW$O%$]2_R_Q0_ M^K+^U5']LZ,?S0__9:LVL->W<=[W;JBBV8).@=Y_$_(^60=WT$"YSH,R,)P< M1;'5NMAJ=$G.0S>10>Z0*(C:7Q`UNLA1BE`.2AE;A#(MS8+@':S'!\.I-X,N M>WW_36*0-Z-46,9R*TN%98AM]Y1MJ8*,N8(,NE1S,I2!1%UX+6$36*45[[O_ MQY:Z>5RIF.=-=B6/@Y":UQ]#G\BGDH'.8=7CQ)RZVD5-YH5Z(C\WMOK=53/T MBG_B]_SW_S#A5,O[2YBQFJ$-.N8X_OVW((I2H708,B.Z:*=09,1I,OMO/X.\ M'0DB;PQERLO^&P0=5?HAD8'U^#M-"G$(PGFP;4JG<1FOSD"*U;#*J.;9UWB^ M65]/8U1'PJB:7U>;E7C&Z(=\BC"MU9-6)E8]:U0_;%0_;>_/YKQOR%!=I(6= MXS)@X_(^C0=WKD#9+V1Z`?/:<((O\>7!#-A8!GGP0&&9%)9)#$T,39FK;IFK M^-(ER'CHJHUR6C'DM.Z^EJ+&0)1V&X0RU!B(UM"!+0-PKJ$IZ0E?TA.9T-!C M#"@=BM*A<*1#D2\*B#';% MK^Y^UOX[K-OZA<6S)+TQ?=)&!`+9Y.L_^;M([ID66%<"%->7/%G$^8,A3\\@ M"HKTDG'O/'/$JA*&0/OA^QU?[>F_=OOO@)C.XSR/Q;LQO#^#*-C&YS:;L/M>JI`WW,X"HW*6]4UB.,P0`TV`)PMJA8CD_3+,I_>Q@4KW+]- MWY\!U)!O,5F>L]E.<\YM,`)MC//-/,C/;)ND%RQ)[UE1LMEISN>3K-E6JY>R7%1L%)QQFP4]H+6`:./-9;&%2F%0'8D=TRLCM.;U6I9 MOT[52_K!:5BK&H5A9F,:WU3G16*M;#8$U$$++_GJY%H_#6RX78? M":W')+],%LD\SL^SM*\FMK$0NIQD?/6;\@D156Y`3F&3"@Y#0)&/^R/7#P%% M?M@?N7X(B%]TQ>L5Y?'TSV7"=P\?E^E,V!3W&"Z8'8KK@;F%Q?L7R1I+%Z\;33CX#< M@&1Y>9W-D^QJF:<91Z,][=5+>L%I./@UR7K!>J&^7%*+`7JSCUE6IEG)"OLI MNDH4TN_*\Z?ZG,8!L&$$).X+L6>?7&_LWEVPFTMY3RGK!^CE)Q4[_K#K)J^H0L7HA<;P0L!PTL/X"H%YR%ESE\:Q>"_&UYR(I M1!R6_FM81H':`+O+6<%?XONLO/T<%R7GO&I!-U,=A;B-@L3/_^\\KDEYHU&'RG<,Z^B2GQ/JZN63X49;+@Y&/;-FA'>=Y#V-7H-1AT M/['Y?G^).:HRC[.<+ZSB_*&!R%AZED[GRXVH*<6VH_]/P7J!HN3O=W:57;!K MD>MQPNV`&;RQ800D[O.L/,GX<^/Q!9(,II3SA.W3"U\G3 M`\/WV@G?:U_XH@,7?$+*@Y5GZ]OA'2S>,MJO/KT\@6&@7RW%T<43 MZ>2@,-J]CEH*"M^GK&"?LY0]J(%M_!ELYF7I3-Q2%LEUPF:795PN%<<:>DDH MG-5K^1SG?[!2')VH(7:$X-YB>9:*?,+9*;OCDXO_Z@/_AS(IEYJH79=!8%:C M6_=O_1$,C2',K_UW*$QJ)##/?\_W5[=Q7AZGLXWZ.E5>L);$7,8`%U9SH3B+ M.##BC?K<9_/YLJA6+L7_Q'D2?TWF2?DPN:Y3,LW5[/K\#+"&D[0Z3YGDGUAA M5J(E"8SS>#:K$LOC>>WW]C7 MRZ04+S*W30[3,&`-OL1%>9I5]R_\DR?\U]G')3><&EN"_H2GC`]<:*ZXT77&^MN-YZP?7.BNN=%UQ'5EQ'\+C&!P<6?U]+ M>,!E\?>UA`=<%G]?2WC`9?'WM80'7!9_7TMXP&7Q][6$!UP6?U]+>,!E\?>U MA`=<%G]?2WC`9?'WM00\+E5\05?"`RZKOX^\^/O(ZN\C+_X^LOK[R(N_CZS^ M/O+B[R.KOX^\^/O(ZN\C+_X^LOK[R(N_CZS^/O+B[R.KOX^\^/NQU=^/@?R] M/-ETB=<39DXK?_"\B13!"P\Q6_"ZEY=4G[,\@KC>596!>W8["Q=%\TUJ>DT'$(C M<9-YE8F3WQK4)P&VBUPC!OG.VQ#4!]MF:9]XW;'"X/PEN;EE1?G?2XZ`Y?,' MX_"RJ!F.>":8Q_['UQPV#^E'USGAPF6]VR@?[_Y7D5%>^^*/HOX"W\>H2]HXCO.A0Q77,6?W<5I>9?Q= MROHP=BWT(WWH,4GKMDJ3:]D0\O(V^V;N3FL>Z$.+C;(8$DTU410%07H,]3*O M^H6R:L?XP-[L].MMISI.56[2=M[;PCS5Z_OK\>U]G:ZT<=A/6>PC0$[6[CEO MW#"WX#B#K"^LIE`YL[@GQ)H]CE[2$TY=@K=!U"=2U56(7M0C4N5EI5[4$]++ MI.*+5>"F$^+V$$_(;8&IUA$0N#>2YR[9/>-/?O@]8?.9UO5:!WA%;7#"+F-\ M8M>DBEC$?2)V!^L-)]\S?/ASF=S'<[ZR=`>M&@:AP=5MDI[IN)AT"_DM%+]25!IV( M+50:M)NEKD!WPKDP@E8=5Z[P=\*^4.'7]59=@>_$AJ$&O[%2DKS4V7ZC4J!G MTU6I%&ZV=>R_*I7!S<([MEZ5RN&FZE[]5Z5*N&G"Q\WD.W7*E:KA)O4OV@ZZ$C]N"N_@[UX''.+F[HX&%YLWIJ]P M\[6A$Z]4`#=/VSOS2CUP$[9;EUZI2Q!\K>S=*S7`S=O]>_=*O7"SN%L?7ZD+ M;E)WZ^DK=<'-XKT:^TJ5]7*A;$*J'="EB"#V*!H.X/+%4(9"V@[1(1&UJL.QU",HME9T/)9ZA,36J@[(4H^0*-MP?OHF)/KN5F.06N`F M\DX399D)@9O#3:V5I0:XF=S6;%EJ@9N[MSHR2\BX^5G7JUFBQ\W*NB[.$CUN M+E9W>);8-F5J5Q9:%1"Q\W>NJ*C$CUN>C941Y0*X.;G;G=OB1LW'W>[?TO#HW6+#G_63=`;X.'P9MTEO0$>#G'6;=0;X.$P9]UGO2G4%0YSUHW8&^#A M,&?=J;T!'@YSUJW<&^#A,&?=Z[T!'@YSULW@&^#A,&?=+;X!'@YSUNWD&^`A M,>=&]%:$O))7MR%]`SPDYHPVF!-Y':]N2_L&>$C,&6TP)_+J72W@&\R)O'97 M"_@&->AQ\[/\)FTMMN[*(N2EN71*;"B`F[/5?>S; M,PDW?3?!$DI=6O,)-Z&;5=E0`S>]?\J^V2=5&/2N5&5[3B&OSF749$,+W!1N MBZN-D)?F:N,7`4;ZZ*((>7&NMC8;\9LG55&HC;4A\BI=%>CS[)3-EE,!B2\. M10$463'E*O[.-K\+;CIO?Y=?13V>FDL^BE)6?+.X[;IP,WNG.[V(R)NS^S@M MKS+^962]O@V%D0M7T MRSR4O[,E3?-:REA/X$ M"GGQ+D5#\7:L&& MO(:71H/-^WSDE;P4&EPF%3VNXOC7FB"OZZ701)V,$"$O\J5H=;_=0K[1`S=G M:_50D`7RHEXZ5;8S'R/D);UT6FPH@)NS%0JH6MLWVN`F\*O;)"\?]-:-F[Q; MZ%4VC9N[MQ5H6S)NUM[&OH:-O&Q7`]MDM>O"7?_YLJ7")_X_Z[_\RXL7H]-D MP5)1>7]TRJ[CY;PL1B]>U']6C-O2G6\;65K5Y*[_=4O[;]^^_9Q4'1R+GZ?9 MXF6EN>C$P/>?8WGE\F<+TL^ M)RG+BP]7'YOWD93B@0<'!^/H:"14D;_._X=XP,OZ":/Z$2/QC-$/^92_N-#J M22/QJ%']K%']L%']M)%XW-94X/ODK9?`_W=<9LUGO,W9]?8,*-CTYYOL_N6, M)2]%R*3XCQ?B/UX<1"\.HY^_%[-_Y?_TC]-LNA3`-HY4Y#\=?T\*^8"YV%[] M_2>G$2]AD9]6\]H`5`H\JW')^?QB5L_G;0/K\::%N:G02Q,C`PO+P#ZQFWC^ M(>5*/6@,JB,!9$#U([7FL_UGS\:C>8O26+:QKDQE3*:"RU3RO)Z/>=Z>CMNG MQ)]9+%10F(M![HF,IB=&I?48)3T:DO4M=P_L6^!7EG5(EA62936AHA6BZKI, M8UM:20CK6C]39U5="<_69'FSLEYP![;L`.5H1[]P'?+I\BL3=K22&/T;EV&C MLY(MBE&9K67^_1E-;+4F71O8Y7*QB/.'7]/J(['9AGE=+(LBB4_BNSLV4QO6 M.!*&M?K-EEFM?GCTH_GICDW5#QC53X`WINHNTV1#*P'@[="S;>2>UKANY71] MT9B9P;RVWG5[AZ3%WW?+5!GGZ'-U0/*L3#4(,_(^80=W\K`%Q]?!`W$5<17@ M1@\5*QE0]SV3("Z",Y-!GCP\#TX91?*W*Y1>?MZZ=UG"M`[RB M/DYG5;9#;_3M@?Y6`$]VZ//<@3=/HH5U.K7]<)#*M&=7SV,Y6J+AX1ZLQPF/ MOK9"M3!3XNU[F$U+,LCC@;V\-W7"E!358U\?O!F/JX?R?_C')?^4!Z_>CL=O ME6L1M8C?SI4'&S$W?-"C+C8A['L M^_7Q[NQ\PC]N].KMT;O76G;NBOC=@#[RZMK[:8`#?O5K[WD2JZ;MX_F<*'IX M%*V/DE\#4\D\IZG$\WG'.NPYV>VWM[**UUR./VA6_DU$.['9WW\J\R5;_V.6 MEGPZK\*<_OY3P6[$?SB:TEEZR_*D%(=>H^LL'ZW7OG\;C?+\;UW49&+H)_-S M8VL*)^FA-2(0R"9?_\GM)KEG6F!="5!<7_)$3+>-\@I:@%U14*27C/N3F2-6 ME3`$VE5A)>W7;O\=$).JUHL&GDH4;%%^F\TYN8@J54VBI')IKI#S@+$B1,,; MM8B#6!!?DO*OF=[(JE_:]ZJ7!+E7K?+Y1>?W#@[;6^XQ%-#B5%5X-!:G$@5$ M6LA:8Z*6XHT+8,,(2-P7HAS?Y/K#]VE5F*\R,3MV\RA`_!^^QXN[N94NVF+P M"-\_B&HGCCA;PO!H>U"=882OMZQUST9A>+2_)>7M!9NQ187`YJ+[C/4P8[(U MFAUFCV6T7WUZS2K#0+]:])M?II'P>O18"!A&P./NUMXSH^[*@]R$97EYG64W(FQFP?MJ^P(0*)R\=`F6:@S*>-I%.B; M$P]T>6LZ.2B,+IY2)P>%T>X5U5(0^&0Y_.-TIJTIWT;K,@8X:MUEJEK$(=^V M"UR3+"16ZS0`_>;RH;;5G4X.$J.+;S+)0F*U^RB])+"MFYT3%H^D+9=N`^S+ MWMLX>D`&1KK17J,':+=1/MZTBY]P&>,#N]UOV$<@+DNHN`7V'DKL@KM[20R4 MF?1$L+M7Q^UT"MSX5=?)[2!4E!JT[YO7@3OX01N:D^`N]ZN[GEZ!QUWMUW)A MO=(!=\%?_3WV"C[NFK\];K,E>^&N!FRXY)8*X.9?^Z5WT]=N`("W[HP;QJ*!*2"J9,8;K8VWJHWI[7I4ZX M:=WYHEWN[8(@=8<+=ZE/$!QON("7>@3!\=HK>:D%;G;77]5+_+@)WG2!+S7` MS>^=&WX)&S>=F^[]I0:XV7PK.$!"QDW7NK`!B1XW,>L""N09)6X>5@<;2.RX M.=2*8'&K`VH`GN8O=]M8,I^%C3F1B%_2/SG^K=&XL=&/VPV\]=>EU[T MOMU"52\YZ!:'^V4NWB?FX,X!J)7AWAH33NZAEH7!M"P7!2:T)J M38BRFQ^U)J0EUQ"77-2"$&T+POV:_H.\-W'"1*T&?<0'#:;5X'ZY$9PL2BT% M`VLI.$BCV/?KU]W9EEH'8L0?;.O`07H73)3;>O'ZUFI:P>+.^'%)NF793Z]C0M6N'^; MOC\#J*$L<[;3G',;C$`;XWPS#_(SVR;I!4O2>U:4;'::W"SU/W15,@J#H[7@@VKATQ3UL[T]@R@P4B,V4'L[GDZS M95JN7LEQ4;!2<0)A%/:"U@&CCS66QA4IA?PEX+IM:@Q+0N^W!,Y*]%P98J@S M_D2*U9,,0^'Q7@KU72=BJ$O>2T&W!2.&RN5/HM;6-/1:V&77:=AWU8BA[KF; MKL;E)(;2YSNH@:/HN1MPPX(41:7SWEH@*7#>R]+5BUH4!9P6 MU6EJ/U,ZW#:E^@DC\8A1\XR1?,CHQ_HQ?Z&S,F0)7%2O);AZ+0.U+^\S>7`G M!%3@A:P/-[M119C@*L*0_=!A'960H1(R5$(F9&7VK(0,D1*B11W5G$%?4Q],_ETG.9H(:JZS% M=.:"V7$83)D9.UQ?V/BK^2U.1*I\?L&2Q==E7E2,8L+J,@8"^SDK75ZM1LQ? M&J[K*MRX%/%^XMY#$?U"!4-U%U.BZL"+DLM M%`5>7!72+,8ZQ5TPIL`.]!20LHVH'@G9&.5$4`&3T`N8#-2X!AFK2A5/R%J> MPH1*C^QEZ9$]]BTX^9;*BP1:7H0L9=^OB:F$")40 M055"A%P.)G+>_AKZ"@DZ.>@"(6:\F*N#J)&3O84QLR$POG_XG<6YJ?:'31X> MLT!P$-F02BE/^`Z=\'6R8<'PO7;"UTD#A<(G,M'L^/SFJSGQ@LU\O)_4[*:( MM"X,N>J[PC_$D92^*_S7.'+/=X0O3+>=:XXQX'V/ES(41D@YC&1'%`A%>8HA MY"GNL0$-\O*:7#'"Y2E2,:'FMLH@3'P!$8RG\$>Z5%N(^4VFAT: MMLA&RFT<1&XC<1+FXPI*>Z0E',KCA[V\5**,2,J())8FEJ9DR>V]RIXD2Y(1 M#>KZF_(H*8\2<1XE>2.TE*[_4*Y):>HQ?E,O37J$DX:ITH),UWNVYG,9"33V MOAF=YK%^=7'+]%2-0(#;F@&J&H$`MS4S5#7"/VY[QJAJ!):\.0=JZV.VWD^[ MGE9!O-FFCU<+91;JX]5"F9WZ:+7"S%H=RFJ/(DXIH95,C`+C*-=UKW)=AV); M@XQ8H#18,I:G=_*#N2*D#%F88):Z*^U55L;S"U8N<_Z6M";U/LY/^-]*E6F] M43:[K7YWM/KADWW#Y7T[ARJ,92\R8??;C+Q/V,&=/U#&Z^", M#"=7469K<)FM0S:301[4408K9;":'1>VF%+*8-W3#-8AT[BTP&R)0B.-CHX4N8Q="0^X%+FX70D/N,967)WK#Q!R"X%+G'70D/N-Y8<;WQ@NNM%==;+[C>67&]\X+KR(KK"![7F"^A MS+AJ"0^X+/Z^EO"`R^+O:PD/N"S^OI;P@,OB[VL)#[@L_KZ6\(#+XN]K"0^X M+/Z^EO"`R^+O:PD/N"S^OI:`QZ6J5=*5\(#+ZN\C+_X^LOK[R(N_CZS^/O+B M[R.KOX^\^/O(ZN\C+_X^LOK[R(N_CZS^/O+B[R.KOX^\^/O(ZN\C+_Y^;/7W M8Z^UJ%R.S94'C=YC6'8!WZV3Y;6@5%_\K=-)#,6C^JI0GU]BJ`^U`_*H6P(J M$.3C!GF'S9`C7Q=)Z_`=%)?6 M9]02>E!D6A]C2^A!L6E]TBVW24&Q:7T8+J$'Q:;U>;F$'A2;UD?J$GI@;+I1 MWG<<&)M&&^6Q`V/3:,VFX\#8-%JSZ3@P-HW6;#H.C$VC-9N.`V/3:,VFAX&Q M:;1FT\/`V#1:L^EA8&P:K=GT,#`V':_9]-`YS>&RVG`JK3J?,Q!+>6>IO3QXH/*K MED,/*K]*_#PT?J::K.::K'CKHY,%83@9?:Z"J(,[EGVF0JYURPYQ6J#YF^4?&B@_?[[C#XYAKZ"7_I6R9 MB__')\^4I:5V60G[>+\K*^KK-ZR^?FB5@C>\)XDY`>KB0(N9`#8"6U^I?GOZ M.OA&8>@V#P[(,3=[,,`GVX2VS>>R`C"TGP0Z)Z@K24\X?V=QKBPHK1?UB515 MJE(OZA&ILIBL7M03TLN$>\.F=)T3XO803\AMC4.L(_SE;+KSI-Y;>+\G?ZP> MTIE@J/7X>$5>@^V1GE>1"$D!R$GJ5@C,[:IP"I9\I;Q9WI369$D1"!UA4)+2%<+D@O MDN*/V@1.61DG\U_3ZHOUM;1W(Q$Y5?\D_T_QJR_KGQW5OSOZT?SR7]8R"WM] M,^=]#X'D*0HEUX62H\OM)B,9Y$Z)8L;] MQ8RC"TNE\.>@E+&%/]/R+!#FP7J,,)Q2.^B2]H=@%(.\*:6:.I9;6JJI0XR[ MMXQ+Q7/,Q7/09=B3J0PF#L-K]9[`BLQX/P5X;)6?QU7)>=Y$6/(Y*.EY_3GT M*7XJ&>C\5CU.S&FM7=1D8,BG\G-CJU]>-4>O^$=^SW__#Q-.M;R_9!JK(=J@ M8X[P'X(-4=P*I)H4XCB$9^[@SA`H]V6XUA8F>PTGSA)?VLNP[&.0QP@4[4H%V,Z)-`&T"*`4K@!0LLIH!AC50 M-A9E8^'(QB+W@YRT*3%K;Q*SR-:PY&BYW<==L!NQA8W3\CQ>M/V!7@QV*:]N MO=;^.ZRG^H7%LR2],7W21@0"V>3K/_F[X%MV+;"N!"BN+WFRB/,'0R*@0104 MZ27C#GGFB%4E#(%V==2B_=KMOP-B.H_S/!;OQO#^#*)@VYO;;,[969Q;<6(H M$U5?2IV<#XS9?+E(%5[:+`J!]'/\/5DL%R?+Q7)>?%V/56@[SDJVQG$8H`8;`,X656.32?IEF4]O8W%,Z_QM^OX, MH(9\(\GRG,UVFG-N@Q%H8YQOYD%^9MLDO6!)>L^*DLU.D_MDQG<2XH9DZ\;$ MKMHC?A%D/[XMGK?U"L#$W"X&@M^*!6#-R%I#?,X>T91(&1&K&! MVMOQ=)HMTW+U2HZ+@I6*DV2CL!>T#AA]K+$TKD@I!+(CN6-B=9S>R'M5[3I5 M+^D'IV&M:A2&F8UI?%,=%(FULMEP=)(0.#=Y3806L/R>KT:B\=?(AMM])+0> MD_PR623S.#_/TKZ:V,9"Z'*2\=5ORB=$5+F!)M[!H(+#$%#DX_[(]4-`D1_V M1ZX?`N(77?%Z17D\_7.9\-W#QV4Z$S;%/88+9L=A@.=.1KB^L/%7\UNL%ZH+Y?48H#>[&.6E6E6LL)^BJX2 MA?2[\ORI/J=Q`&P8`8G[0NS9)]<;NW<7[.91@/C?YRS^XRY+TE)L'Y.4K'3/ZM.\JH21ZQ>2!PO!"P'#:R_`*B7G`57>3RKUT)\[;E("A%M MI?\:EE&@-L#N@T&W4]L MOM]?8HZJS.,LYPNK.']H(#*6GJ73^7(C4$JQ[>C_4[!>H"CY^YU=9:O4CA-N M!\S@C0TC('&?9^5)QI\[7T$1IGRZ9%=9>T[I%>GQ$Z"\$B_NYM;PCK88/,+W M#[^S6+\Q,0K#H^T1FF(8X>LM:X__C<+P:,7C#R(;3"GE"=^A$[Y.\AX8OM=. M^%[[PA<=N.`34AZL/%O?#N]@\9;1?O7IY0D,`_UJX>8A5",0X+9Z#M4(!+BM M'D4UPC]NNZ=1C8#'W>/`SC`"'O?)/"OX)%*#[Y=*=O.@76EV!"!1 MN;",2182:W.T?9*E(B<_UUR+V.2A\BV,F1:@7UL\T.5+Z^2@,+IX(IT<%$:[ MUU%+0>'[E!7L)80R\)A;-Z+9_C M_`]6BJ,3-<2.$-Q;+,]2D4@X.V5W?'+Q7WW@_U`FY5(3M>LR",QJ=.O^K3^" MH3&$^;7_#H5)C03F^>_Y_NHVSLOC=+91=*=*!=:2F,L8X/IO+A1G$0=&O%$2 M_&P^7Q;5RJ7XGSA/XJ_)/"D?)M>K\D5&3?K\#+"&D[0Z3YGDGUAA5J(E"8SS M>#:K>W<,H2`]O=>>@OEL^U,5QFV0AL:X^ MXNKRL$KS^I3%,\7TM8\`N>%.TV4\K]V_=A6F%`)'9UB5Z>2@,9YQ4ZY>C[JT M@T$4&FET=*0X?^Q*>,"E.#_O2GC`-;;BZM3Y!,&E.+?O2GC`]>,'UUHKKK1=<[ZRXWGG!=63%=02/:WQP8/'WM80'7!9_7TMX MP&7Q][6$!UP6?U]+>,!E\?>UA`=<%G]?2WC`9?'WM80'7!9_7TMXP&7Q][6$ M!UP6?U]+P.-2Q1=T)3S@LOK[R(N_CZS^/O+B[R.KOX^\^/O(ZN\C+_X^LOK[ MR(N_CZS^/O+B[R.KOX^\^/O(ZN\C+_X^LOK[R(N_'UO]_1C(W\N339=X#9,L M)%9[W(9>$A+G!8N+++UDXJR8S>JBZXDHZR:JN>39XFRQ8+,D+MG\X4O.IDR< MUG]A>9(I`A:>XC=A=:\N*3]F>87Q/"NK@G9L=I:NB^::U'0:#J&1N,F\RL3) M;PWJDP#;1:X1@WSG;0CJ@VVSM$^\[EAA(P3PW#$._(>Z(&CR\PAUUAB;6J M'BYNMATNPAV'^=!@(W3GI*ILH%A%N8R!P%X]\3QKFM>U>M=5G>NZZ-U&^7CW MOXJ,\MH7?Q3U%_@^1EW2QG&<#QVJN(XYNX_3\BKC[U+6A[%KH1_I0X])6C=/ MFES++I&7M]DW=4OE%4[Q@?V9J=?;SO5 M<:IRD[;SWA;FJ5[?7X]O[^MTI8W#?LIB'P%RLG;/>>.&N07'&61]836%RIG% M/2'6[''TDIYPZA*\#:(^D:JN0O2B'I$J+ROUHIZ07B857ZP"-YT0MX=X0FX+ M3+6.@,"]D3QWR>X9?_+#[PF;S[2NUSK`*VJ#$W89XQ.[)E7$(NX3L3M8;SCY MGN'#G\OD/I[SE:4[:-4P"`VN;I.\?+#:H$;,`T*#O>DEX7%J;$LI!(_.!@P8 MDXO-&(6WT3YQ_^FJZ_2+Q58W;\>NNOH>I$"]LQ^!/>\V*6WWRT8)6M'"=(6[ M$T"%"G>WP^D*=B>^"B?L;M_3=?_H$/!?*GJAKC3H1&RATJ#=+'4%NA/.A1&T MZKARA;\3]H4*OZZWZ@I\)S8,-?B-E9+DI<[V&Y4"/9NN2J5PLZUC_U6I#&X6 MWK'UJE0.-U7WZK\J5<)-XT[-6*4JN!G]\=_8D56J@'L5T&K:*D'C MIGY#+U>I`&[ZWVKX*O=T01"^N@NL5"$(>M]LSB&!XZ9R90=9"1TW4>L[RTK\ MN%G9V&Y6JH"=C75M:"5^W"SKWHY6ZH.;9CAQZU4A' M9.)F:X<.ME(1W)QMA8^;N1V[W$IE<'.Y"3EN%G?IB"LUP4WFFF:Y$CQN)M^I M4ZY4#3>I?]%VT)7X<5-X!W_W.N`0-W=W-+C8O#%]A9NO#9UXI0*X>=K>F5?J M@9NPW;KT2EV"X&ME[UZI`6[>[M^[5^J%F\7=^OA*77"3NEM/7ZD+;A;OU=A7 MJH2;V-V:_$I=<%-\KTZ_,O8E".+?I<&O5#",A8&^X:_4(XR%08]^OU*Q(%8) M[5;`$GP0"P1U?V"I0B!K`6V_8*E'$.L`=1-AJ4(0]-]J,"RQX^9Y=?-AB1TW MKZL;$\O0SR`(O-6T6&(/@IL=&Q=+G8+@:7L'8ZE.2.RLZF@L]0B)J%4=CJ4> M0;&UHN.QU",DME9U0)9ZA$39AO/3-R'1=[<:@]0"-Y%WFBC+3`C<'&YJK2PU MP,WDMF;+4@O,F667G:`D=-[,ZM9&6>7NXV7:KU[2$C)M>V]VH)6K\=+K&BIM' M7?I82TUPU[MC56BJ'FWOUW:XE?MPT;.]^+?7`3[>TO=&N%O`-YD1> MJJL%?(,YD=?H:@'?8$[DQ;BV@8\WF!-YS2UYS6((WXN05]N2*FAC^"+D5;;> M-QWO1:_#2R8NNMBL7VO#1E7<[+M6M0KUD!TYCWYY)N.F["990ZM*:3[@) MW:S*AAJXZ?U3]LT^J<*@=Z4JVW,*>74NHR8;6N"F<%M<;82\-%<;OP@PTD<7 M1G;+:<"DA\<2@*H,B**5?Q=[;Y77#3 M>?N[_"KJ\=1<\E&4LN*;Q6W7A9O9.]WI143>G-W':7F5\2\CZ_5M*(2;W]L* M35)6[40FU\?7W"MSE2YOLV^;7ADWT;?UV2@])A6JIE^^H1%NWN],.7TH:X2\ M.E=;E>:PI=[QJ[,DY-ZX]Q$`\DI>VI>A^JYA+27T)U#(BWODNA0*O"3(2\>I=.@XT+-^0UO#0:;-[G(Z_DI=#@ M,JGH<17'O]8$>5TOA2;J9(0(>9$O1:O[[1;RC1ZX.5NKAX(LD!?UTJFRG?D8 M(2_II=-B0P'O!B=)@N6BLK[HU-V'2_G93%Z M\:+^LV+=46IU@-^WQYY?SECR4D1)BO]X(?[CQ4'TXC#Z^7LQ^U?^ M3_\XS:9+@6CC%$7^T_'WI)`/F(L=U=]_?U%,SS]@S&)4&8Y3T:#O6 MM]P]B6^!7QG3(1D3#1,*S53[?,:O7[HQ_-$S9M M2CYFM'K.2#X(WK2J6TJ31:T$@'<]S[9?>UI3NY63]T5C=`9CVWK7[8V0%G_? MG5%EJJ//U=''LU+5`(W*^_0=W''#%AQ?IPW$8\1CWG:!J!C+@+KO&07QE"^C M&>0AQ?/@E)&TK)BD?(]=YLG7JF1^\7GKZFD-USK`*^KC=%9E//1&WQ[H;W7P M9.=#SQU\\R1:6*=3VRL'J4Q[=O4\P:/E&U8FPGH,\>@K+E2+-B7>OJ?@M%SS M=ZRPES>N3IB2HGKLZX,WXW'U4/X/_[CD7_3@\,W!P2OE.D4MXO>\8I?;7G_1 MO[HO*^"JWRX=J`3C;'`R,O!-("I^-N+N>>5&/.W?=/;]NGIWYC[AWSB*#@Y? M15KF[HKXW;@^\JK<^RF"`W[U:^]YGJNF]./YG.A[Z/2MC[=?`U/)/*?AQ/-Y MQU;LV=WMM[>RD==LORI!1'9Z/K+!^M5\E_&XWR_&]=U&1P8`;W-%/[N;$U!9GTT!H1"&23 MK__D5I3<,RVPK@0HKB]Y(F;=1MD&+<"N*"C22\:]R\P1JTH8`NVJ8)/V:[?_ M#HA)54-&`T\E"K9@O\WFG&I$]:LF`5.Y;%?(>+N[F5+MIB\`C?/X@J*HXX6\+P M:'M0G6&$K[>L=<]&87BTOR7E[06;L46%P.:B^XSU,&.R-9H=9H]EM%]]>LTJ MPT"_6O2;7Z:1\'KT6`@81L#C[M;T,Z/NRH/9W-D^R*[^ZS>Z:G*;VD M%YR&]VJ2!=GEE-R)L9L'[:OL"$"B M4B<'A='N%=52$/ADF?WC=*:M5=]&ZS(&.!+>9:I:Q"'?M@MM(N?TD,E.WT1+"[5\?MI`S< M^%77R>UP590:M.^;UV$\^$$;FI[@+B.LNYY>@<==1=AR8;W2`7I3Q`<;[B`EWH$P?':*WFI!6YVUU_52_RX"=YT@2\UP,WOG1M^"1LWG9ON M_:4&N-E\*SA`0L9-U[JP`8D>-S'K`@KD&25N'E8'&TCLN#G7)?1`:H*;=2W1 M"%()W*1KBE&0&N"FW4X0@X2-FVMUX0T2/6[*-04]2`UP4ZX^&$+BQ\V_5N>) MFX![M+M_A9N,#:$(4@'(BN]AMJ5SK;=%%D5%>0?:!A5GY\8!F@C5P_1#-`-KWW@Y MO66SY9RU@C!WLJ^(_US\Y$K\Y^N%H07_M=3E'[]LT5/69@V[3N,_& MXWV:#NXT@=HQ#L2TT64'0FIO2(MQ_`P M#M9C`FJC2,LO#]O^O;R9<<)$[1)]Q"H-IEWB/CL5G`Q+;1$#:XM()K+WU[V[ M,S&U/\2(/]CVA^1K4-%QZS/H&\)I!9_35%0-#RV(,7<]U$`G8T,_K4%0GF3S MY2(]CQ<*YV`0A2GL^CU9+!O=>VLR3W+)]?7?.:G-U_R9*I` MWW,X"HW*6]5MA^,P0`TV`)PM[H1/FZ1?EOGT-BY8X?YM^OX,H(:R5-M.<\YM M,`)MC//-/,C/;)ND%RQ)[UE1LIET\.):9NN:QJ[:(WX1I$U$4PN)^UWQ[/4_ M=%4R"H.CM>"#:D/4%":TO3V#*#!2(S90>SN>3K-E6JY>R7%1\.64UI34PE[0 M.F#TL<;2N"*ED+\D8KI)A*)[>2Z&^ZT0, MM=5[*>BV8,10??U)U-J:AEZ+T^PZ#?NN&C'4;G?3U;B6PLD1=I[6;IZ48NB2/N.>B`IR[[+*G/;A48H2]3L\Z$W)8]1*1HR M(,J"H9(S*$O.[+/E##*`F4K+D"E03"&5D/$:N6YJ(I?':5&=PNYD6(?;AE4_ M:"2>-&H>-9+/&OU8/^TOK#:'+)F,:LX$5W.&K`W#O![<.0,5J2%;#(GYJ*I- M<%5MR)KH`)#*X%`9'"J#0V5P:,$7*D5A/>J@NCFTP,-@/8.\IZ)".Y8[,BJT M0QQ.'$Z5>0*MS$,V1=?N5,J'2OF@+.5#SBE,PN]\+7V9%(,H=/T?*VK,%8"T MX,E*_5OI<]@#$%)3Z2"C,$QQ@#2^JE?$)$5>J9G,(F%1R&@"(? M]T>N'P**_+`_GR:C5B_E*)7=?DQJ6(]Y/Z'HKH M%RH8*M2X:N&^;,%0IF87K6Q+&`S5:5SUVJ+$E[+SK@JX;ABPE"0QE4E`WZ_M6A<%7!9:J$H4N.JD&8QUBE0@S$Y ME\X$*=>):JJ0Q6$ZA1]F#@8582%3HVA8JMI"MH/'=BC>S`\U#;3,RVK2?_@> M+^[F[)%F]FK;S%:_/5K]>!!VA2R_B4JY!%?*93`6Y7WN#NX(@\JU#-G><#(8 ME60)KB0+6RZ>SX_.;<.;&$S7R\G_#LIHBT+@SY]KO"/\216+\K M_-,@C;>RUT<;^8W2>C=;/"L+DD,4T4CIEX.F4PS0V M[]-Z<(<4E&E)IA@0[U$29N!)F&1,=$SXC#@I/Y/R,U&F-%)^)BWWPF4HK,<< ME+I)RSL$QC/(:RO*ZJ2L3F)P/$X()X-3PN=>)'R220WXNIUR02D7%'$N*/FF M0.A>_]E<4^G48_RFCYKT"">55*4%&;)W0X8Q&6CL?;-2S6/]ZN*6K:H:@0"W M-8M5-0(!;FMVJVJ$?]SVK%?5""RY?PY$U\=LO9^2/:V">#-F'Z\6RDS:QZN% M,L/VT6J%F7D[S+4?Q;M24BX9');-UC`#\2A?ERR-8B(HE9=,!XOIT+6C'V(: M:)9OW23X*BOC^04KESE_2S8#>Q_G)URD5!G:&V4+XNKG1ZO?'SD:U.A_Y8/^ M;Z]OS;QO`U&%S>Q%-N^0C,K[]!W<*09E[0[=2T8SZ,,_RL*E M+%RS&\,6WTI9N'N:A4M,Y'OY1MFVZ+-MAV0D@[Q!HJQ:RJHE1B9&INS9H+-G MR70&=UU-6;*4)8LJ2Y9\$&KZEJ^@>J0^FT\C!IWS:D2+.,"ER"?N2GC`-;;BZERI@.!2Y#%W)3S@>F7%U,!E\?>UA`=<%G]?2WC` M9?'WM80'7!9_7TMXP&7Q][6$!UP6?U]+>,!E\?>UA`=<%G]?2WC`9?'WM00\ M+E6]E:Z$!UQ6?Q]Y\?>1U=]'7OQ]9/7WD1=_'UG]?>3%WT=6?Q]Y\?>1U=]' M7OQ]9/7WD1=_'UG]?>3%WT=6?Q]Y\?=CJ[\?>ZVGY7*(KCQH]![[L@OX;JTO MKT6Q^N)OG4YB*(#55X7Z_!)#C:L=D$?=,E:!(!\WR#MLAASYNM!;A^^0(W_5 M(.\P(G+DZRIT'6 MT(,BTOKH6$(/BDGKTV4)/2@JK0^@)?2@N+0^HY;0@R+3^AA;0@^*3>N3;KE- M"HI-Z\-P"3TH-JW/RR7TH-BT/E*7T`-CTXT2Q>/`V#3:*/$=&)M&:S8=!\:F MT9I-QX&Q:;1FTW%@;!JMV70<&)M&:S8]#(Q-HS6;'@;&IM&:30\#8]-HS::' M@;'I>,VFA\X)<3YJNPXI)IYJXE%E?S(L*N+E@I$J^)-%(::JO:RS0I7ZR42H MQ$$+'U7D1U)XYY[E\8W"PA[9`^-MR\;JQZAM+80.&,CJXU&9_O#*]`_=TKS/ MZ<&=4U#M?K+#?6&\X52$=3ZM(`9#QF![>7Q!96(M1R=4)I:X>]C<3;5CS;5C M\=9X)WO"=]KZ7(5;!W?4^TP%64.H*&LZJGY<05DB?^S."A7Y#[D3']Z2\61) M%-D#4S2#VO,YM.?;?5EXFGW[_[*T8Z>7;,Z=EK2<,^XEOFN7C?U_PN_JAWH+ M#JNW(%JE=C.>)XD7`>KJ0,N$X!;<6]^L?HGZ2OA&8>BV#P[(,3=_,,`G2_5K MJ<]E$V!H/PET3E!7DIYP_L[B7%E@6B_J$ZFJ=*5>U"-297%9O:@GI)<)]XU- M*3LGQ.TAGI#;&HE81_C+X71G3;VW\'Z/_5@]I#/!4/OQ\8J\!ML#/:\B$9*" MD(]2I.VA,-2)?)1"ZEJC;UR/JKVD_PQ]=4N1TY3A3=:&Q=KV,LHSB"15W'G< M0[<;C+%4^Q3.]$R9J[@SO\FH*%+!MX$]R8US:`GB]WZH@NZ"S@0? MGDEYG[R#.[B@E.]!&QQ.#J,0<5V(.+I<;S(9VF%1++C'6'!T8:X43AV4,K9P M:EJZ!).36W MBYK,#V^AU6,_:*?_+W_/?_,.%4R_M+"+*:I0TZYKR$X5D415PD/70A1QE MWJ+(O-U]-45=F"AM>,_3AM$JY;$+$RVV$2T7<"ZV*24+7TH6V=#@0Q(H.XNR MLW!D9Y$S"HK0*5%K;Q*UR/)PYFRYW9==L!NQ?8W3\CQ>M+V#7@QVT:]N)]?^ M.ZS?^H7%,SZ[3)^T$8%`-OGZ3_XNDGNF!=:5`,7U)4\6*Y/TRS*?WL8%*]R_3=^?`=20 M;S)9GK/93G/.;3`";8SSS3S(SVR;I!]94;*97'F+VY&MVQ*[:H_X19#U M()NQ1<4)W.^*9Z__0;$R-`F#H[7@@UHQ2WC"'MV<0!49JQ`9J;\?3:;9, MR]4K.2X*OL_5FI):V`M:!XP^UE@:5Z04`MF1W#&Q.DYO5JME_3I5+^D'IV&M M:A2&F8UI?%.=%XFULMEP=)(0.#=Y3805L/R>KT:B\=?(AMM])+0>D_PR623S M.#_/TKZ:V,9"Z'*2\=5ORB=$5+D!.85-*C@,`44^[H].YDA.L+&W\UO\6)V)7P)6NR^+K, MBXI13%A=QD!@/V>ERZO5B.%XN^)N8')]Q?)%DL;JQ=-./P)R`Y+EY74V3[*K M99YF'(WVM%#7).L%ZX7ZW?!;AX%B/]]SN(_[K(D+<4MN=@WZWE/*>L%Z^^S\O9S7)2<\ZH%W4QU%.(V"A(__[_SN";ER37?&>9LNLS%V;WI MM*G78/"=PCG[)J;$^[BZ9OE0E,F"DX]MVZ`=Y7D/85>CUV#0_<3F^_TEYJC* M/,YROK"*\X<&(F/I63J=+S?"IA3;COX_!>L%BI*_W]E5=L&N1;;'";<#9O#& MAA&0N,^S\B3CSYVOH`A3/EVRJZP]I_2*]/@)4%Z)%W=S:WA'6PP>X?N'WUFL MWY@8A>'1]@A-,8SP]9:UQ_]&87BTXO$'D0VFE/*$[]`)7R=Q#PS?:R=\KWWA MBPY<\`DI#U:>K6^'=[!XRVB_^O3R!(:!?K5P\Q"J$0AP6SV':@0"W%:/HAKA M'[?=TZA&P./N<6!G&`&/^V2>%7PYYHRZ*P\2J<'W2R6[>="N-#L"D*A<6,8D M"XFU.=H^R=(IW['EFFL1FSQ4OH4QTP+T:XL'NGQIG1P41A=/I).#PFCW.FHI M*'R?LH)]SE+VH`:V\6>PF9>E,W%+6237"9M=EG&Y5!QKZ"6A<%:OI4ZZ$T*.<]]E\OBRJ ME4OQ/W&>Q%^3>5(^3*[KE$QSX;L^/P.LX22MSE,F^2=6F)5H20+C/)[-JLSR M>%X[]ZI:E!&O9@0T[OLXF:^^\I=;3DYFS%UICWA_8U\ODU*\R-PV.4S#@#7X M$A?E:5;=O_!/GO!?9Q^7W+C,;]XP"M+#6]TYJ.^6#W5QW"992*RKC[BZ/*S2 MO#YE\4PQ?>TC0&ZXTW09SVOWKUV%*87`T1E693HY:(QGW)2KUZ,N[6`0A48: M'1TISA^[$AYP*<[/NQ(><(VMN#HU/D%P*<[MNQ(><+VRXGKE!9?BOJ`KX0'7 M&RNN-UYPO;7B>NL%USLKKG=>$!E\7?UQ(><%G\?2WA`9?%W]<2'G!9_'TMX0&7Q=_7 M$O"X5/$%70D/N*S^/O+B[R.KOX^\^/O(ZN\C+_X^LOK[R(N_CZS^/O+B[R.K MOX^\^/O(ZN\C+_X^LOK[R(N_CZS^/O+B[\=6?S\&\O?R9-,E7L,D"XG5'K>A MEX3$><'B(DOKUB5L5A=D3T19-U'-)<\69XL%FR5QR>8/7W(V9>*T_@O+DTP1 ML/`4OPFK>W5)^3'+*XSG65D5M&.SLW1=-->DIM-P"(W$3>95)DY^:U"?!-@N M)UQPJ#\Y?DYI85Y7\O.0*6SQ^,W]\H#'HOJ`1BG@NF M,?ZQ]\4-@_E3]LUY$?>$S5X?($Y[`I+K%7U<'&S[7`1 M[CC,AP8;H3LG564#Q2K*90P$]NJ)Y]DIFRVG5;'3K"J:+?.!JZY^7?1NHWR\ M^U]%1GGMBS^*^@M\'Z,N:>,XSH<.55S'G-W':7F5\7DE/.'4)W@91GTA55R%Z48](E9>5>E%/2"^3BB]6@9M.B-M#/"&W M!:9:1T#@WDB>NV3WC#_YX?>$S6=:UVL=X!6UP0F[C/&)79,J8A'WB=@=K#>< M?,_PX<]EVFC!*UH8;K" MW0F@0H6[V^%T!;L37X43=K?OZ;J;=`CX+Q6]4%<:="*V4&G0;I:Z`MT)Y\(( M6G5E4JAYNJ>_5?E2KAIG&G9JQ2%=R,_OCFJU)/W+QO[,@J5<"]"F@U;96@ M<5._H9>K5``W_6\U?)5[NB`(7]T%5JH0!+UO-N>0P'%3N;*#K(2.FZCUG64E M?MRL;&PW*U7`SL:Z-K02/VZ6=6]'*_7!3;E]FM)*C7#SL4./6JD(;EYV:%DK M3S)QL[5#!UNI"&[.ML+'S=R.76ZE,KBYW(0<-XN[=,25FN`F-Y/O MU"E7JH:;U+]H.^A*_+@IO(._>QUPB)N[.QI<;-Z8OL+-UX9.O%(!W#QM[\PK M]J4N0?"ULG>OU``W;_?OW2OUPLWB;GU\I2ZX2=VMIZ_4!3>+]VKL M*U7"3>QN37ZE+K@IOE>G7QG[$@3Q[]+@5RH8QL)`W_!7ZA'&PJ!'OU^I6!"K MA'8K8`D^B`6"NC^P5"&0M8"V7[#4(XAU@+J)L%0A"/IO-1B6V''SO+KYL,2. MF]?5C8EEZ&<0!-YJ6BRQ!\'-CHV+I4Y!\+2]@[%4)R1V5G4TEGJ$1-2J#L=2 MCZ#86M'Q6.H1$ENK.B!+/4*B;,/YZ9N0Z+M;C4%J@9O(.TV4928$;@XWM5:6 M&N!FZL@L(>/F9UVO9HD>-ROKNCA+]+BY6-WA66+'S;^M)M`2 M-&ZRU3>'EOAQDZRR<[2$CIM9G=I(R[P]W&R[U6M:0L9-K^UNU!(U?CI=8\7- MHRY]K*4FN#G5TMI:*H&;6G?L:BV5P\V]^F[7$C]N&K9WOY9ZX*9CN#F<66A40D= M-WOKBHY*]+CIV5`=42J`FY^[W;TE;MQ\W.W^+7'CYN!N=_"FA@INONVV#V^` MXR;7;G_Q!CAN>NTV(&^`XV;5;H?R!G@X-%JW,&^`AT.B=8_S!G@X_%DW06^` MA\.;=9?T!G@XQ%FW46^`A\.<=9_UIE!7.,Q9-V)O@(?#G'6G]@9X.,Q9MW)O M@(?#G'6O]P9X.,Q9-X-O@(?#G'6W^`9X.,Q9MY-O@(?$G!O16Q'R2E[=AO0- M\)"8,]I@3N1UO+HM[1O@(3%GM,&L@.CN=9615;9K.S=-VK8D,KW-3< M[DV_:GK7H,?-S_*;M+78NBN+D)?FTBFQH0!NSE;WL6_/)-STW01+*'5IS2?< MA&Y694,-W/3^*?MFGU1AT+M2E>TYA;PZEU&3#2UP4[@MKC9"7IJKC5\$&.FC MBR+DQ;G:VOS_V[NVYKAM)?U7>')>=JM6L3CR3:F3!UF2$]6Q-5Y)65=J:^L4 M/0-)/.&0#LF1I7+EOR]`#C@<$C>.)*`Q[)=$EAKDUR"Z/]RZNW5_\[A*"M6: M&P+/TE6!/L].R'PY8Y#HY)`E0.$94ZZB>]+^+K#IO/M=?F/Y>&HN><]26='% MXJ;K@LWLO>KT[$9>0NZBM+S*Z)?A^?I:"L'F]ZY"TY14*Y'I]=$U]O$M04+Q[5SD$GL)+I(*@'![P+%X"+3JK->#I MNP0*=#+,A,"S=\DT:!VX`<_A)=&@?9X//).70(/+N*+'U3W^M2;`\WH)-!$' M(X3`DWP)2MUOEI!O](#-V5(]!&0!/*F73)7-R,<0>$HOF18M!6!SMD`!46G[ M1AO8!'YU&^?E@]RZ89-W![W(IF%S]Z8"74N&S=J;V->P@:?M:F"KK':=N.L? M+SHJ?*#_K/_RM[V]X"1>D)1EW@].R'6T3,HBV-NK_RQHMZ$[73:2M,K)7?]V M0_MOW[[]&%<5'(L?9]GB1:4YJ\1`UYS+G*RU/"%E%"=T;A&=)E59G&+5['1! M\ANZ/*U=5<'KYYY>O6\Z)"[9&_?W]R<'AP'3A3^>_H.]X47]BJ!^1\!>$GSG MK_F+"JU>%?!W!:N7!?QM`7O=QEB@"^6-7J#_CLJL^8ZW.;G>'`(%F?UXD]V] MF)/X!;LSR7[88S_L[8=[!^&/]\7\[_17_SK)9DL&K+6GPG]U=!\7_`4)6U_] M_(-1BQ=VD9]4`UL!E`L\JW7Q`;TWKP?TIH4-Z&EF;R+TW,;0PCRSL`_D)DI. M4ZK4@\2B>A*6+*A^I=1^-O_LV'HDOZW?*S*HOX=B<-#W+J!828%ZZ*X$F2N(?N9N.4#$].'WER:H0I+JK7OMI_/9E4+Z6_^- MO@J% M'S_]\?'V['Q,/VX8OG[S5L[.?1&W"]!''ET[WPTPP"_N]H$[L6+:/DH2I.CQ M4;3\IOP:F$CF.4TE2I*>=>CCLKN]M[**5U2.OFA>_L1N.Y'YSS^4^9*L?YFE M)1W.JVM./_]0D!OV@Z$IG:6W=""5;-,KN,[R8#WW_2D(\ORG/FHT,?"#^;FQ M-TFOB-28'T)J[@^Y3$;;JT4"U*`?5&K2"\)]2=S0ZPB M81MH5\F5I%^[^W>+F$3Y7B3P1*+6)N6W64+)A66J:H(EA5-S@9P#C!4A*GI4 M(V[%@NB4E-'&#<_\)>U7N:25<]4JII]5?^_AT/7R@*86+4Z4B4=B<2)1BT@+ MGF^,Y5.\,0&L:&$3]P5+R3>]/KV?5WLHC_]#Y:?$VT=-$5LX_P MW0/+>&*(LR-L'^T`JE.T<-7+4O>L%+:/]G-DA;!R,F6Z/9 M8O1H6KO59]"H4C1TJ\6P\:5J:5^/`1,!10O[N/OY]]2H^_)63L*RO+S.DCB[ MHJO[[([(:4HNZ02GHE]5LE96.25U8N3F0=J5/0&;J$P\M$K6UIZ4^B]:DC>5;ZR9#52-NL[=- MX*ID;6+5#@.KWYR_5#>[D\G9Q&CBFU2R-K'J?91\W]"T`IR84G`([OTIL@KM_2&PI M,NF)8/>/CKOA%+#QBXZ3NY=006K0/6]>7]R!#UI1H`1VRE_9\?0*/.R,OYH# MZY4.L)/^RL^Q5_!AY_T=<)K-V0MV1F#%(3=7`#;_Z@^]F]K.7NBA/@!O"EGZ MH$OW;+RIQN41^,Z!>5-4Q",55-7$8+.U\E2]25?ND0KJLW6N$6P&'W:^SG6" M3>O&!^U\;><%J1LR7,M8+.[_*B>XX=-\*H#?*X! M;'[OG?!SV+#I7'7NSS6`S>8;EP,X9-AT+;LVP-'#)F;9A0*^1PF;A\67#3AV MV)QK!:P";=GN7&#ALV%PKN][`T<.F7-6E!ZX! M;,J57X;@^&'SK]9YPB;@`:7I7\(F8\55!*X`;$8VNU;!=?&&DZ67++@FL(E9 M?^F"ZV&<$\EJM9U1I$_`$@98/Q%-R>J=M1%E8/>S^)MIWBRT(4R9.YIBHS`K M(H["*#!WI1LR&5GIP\O9+9DO$]*Y3#G,@B;4*/B#V(_K9P7L8<%WG[!DH3G%B: M$$L3@JSFAZ4)<E10V=.`HO0LDRNUTO+RTFE3P.8U#5"Q0@QAR MQ4`)=#0O@`/9"LKC+%DNTO-H(7`'"E$[25'OX\5R<;Q<+),J%*K:)ZWS3DWO M2#Z]OJ9?.;WY1#^U`/W`YB`T*F]%)Q.&S2QJT`)PMOC*O-@T_;3,9[=100KS M;S/T,18UY&G.MAIS9HT!:*,<;^I&;D;;-+T@<7I'BI+,3^*[>$[IB!VA;!RI MZ%5[Q!.ME%AH\@A1O\O>O?Y%7R6EL'6T&GQV$+62^NEZ3R%J&:D2FU5[.YK- MLF5:KKKDJ"A(*=B!4`H[06N`T<4<2^**A$+N`G#-%C6**:'S4P)C)0;.#"'D M&7\BQ>I!!B'Q^""%ALX3(>0E'Z2@V8010N;R)U%K8Q@Z3>RR[3`<.FN$D/?< M3%?E=!)"ZO,MU("1]-P,N&)""B+3^6`M@"0X'V3IXDDMB`3G6^H!)*7Y-K/, M31<:@DSOLEO;W!B^A6E51 M6E2[J<-,Z6#3E.HW!.P50?..@+\D^+Y^S5_@K`Q8`!?F:_$N7\M([$'K@\UNF!'&NXPP:#^X68)K5!JUHS,?@F`8'T^"`2H.#[L@74N]] M'WG"$86H[=PY6M20L^=(P:-=NK#+Y[``2TA5:7>4PG8"Z]/HIC(@=C52G0-` M)FD#9WL3G.V!D_PNGI%P\B74X39O:5N/:7X9+^(DRL^S=*@FNK8V=#G.%E^S ME`Z(L`K;XD-8I8)!$ZO()\.1RYM817XP'+F\B16_:(K7*AG,:R!D M=!FLCGRR`R&CRV!UY#,@"$E;C#VU1@FG*5M,E3"<,4%(YF*JD@*_VSPNI@J8 M3+5`)'@Q54@R&>LE=X$8`CO274",-L)\)&AC&!.!"4Q\3V`R4N,:Y5U5S'B" MUO(,;GXT=\,P18J=>\RKT7YZ'RV^)F1;PWJY:5BKAP:KI\*V)&`Q19@&Q;LT M*#ML0\Y'Z^@V'S#5R;@L#"9+83H3[]*9C-9&1KD]ARE+,&6)VFM!"R#"E"4[ MFK)DM,0#=0L!TY+@9`R/V09$F1RMA.$J/%"S@XB1H[VYL?(MH'QWF&@MO"Q2#0]/K?Q:D:\H#,?YSLU MVRG"K0M"K/JV\`]@!*5O"_\5C-CS+>$ST^W&FD.\\+[#4QF\1H@QC&A'>!$* MXQ1]B%/<80,:Y>$UQB*B1>!!$L8;PKN\<)Y=D#E9?&4OV=:J7BFMZK^"\RQ8 MOP2VD0&[1XBAB)Z'(H[%O)P/Y-%M+V"4(AH?:&[#`$;/`QC1?$:[I8>QC1C; MJ'9HT&XV8FSC*&(;D9,@;U=@V"-.X4!N/^SDH1)&1&)$)+(TLC0&2VZN578D M6!*-:%3'WQA'B7&4@.,HT1N!I73YAS(-2A.W<1MZJ=+#GS!,D19HNLZC-9_+ M2&QC'QK1J6[K5A>S2$]1"P"XM1&@HA8`<&LC0T4MW./61XR*6D")FS.@MB%F MZWRWZVD5A!MM^GBU0$:A/EXMD-&ICU;+SZC5L'%.(QUW:E8 MU['8UBAO+&`8+!K+TSOYT1P18H2LGA?EQ_1O MILX-/Z^EG"`2^/O:PD'N#3^OI9P@$OC[VL)![@T_KZ6 M<(!+X^]K"0>X-/Z^EG"`2^/O:PG[N$2Y2OH2#G!I_7WHQ-^'6G\?.O'WH=;? MAT[\?:CU]Z$3?Q]J_7WHQ-^'6G\?.O'WH=;?AT[\?:CU]Z$3?Q]J_7WHQ-]/ MM/Y^XC07EGP''/G+!GF/$8$C7V=PZW$F<.2OU\3D%:W6V[4< MNE>D6N_H\6F]Z\6C];XPA^X5D=9;QQRZ5TQ:[RYSZ%Y1:;T!S:%[ MQ:7U'C6'[A69UMO8'+I7;%KO=/-EDE=L6F^&<^A>L6F]7\ZA>\6F]98ZA^X9 MF[;2^TX\8].PE1[;,S8-UVPZ\8Q-PS6;3CQCTW#-IA//V#1]?BOOQV9;S43RZ'0;,>X^6YR^KC2?3JO$^`[*4'+M:1X(WP)X^83T(B[^J$W@A)11 MG/R65E]LJ*6]#=A-E_J1]$?VU!?U8X/ZN<'WYLE_:\1VT2,4[OF"4 M>98[OC@]&\_T#%.C@`VR'H-1C/*D%'.@:$YI,0<*,N[.,BXF.U$G.P$7$8VF M,II[&)C5!+.:@`B$19\#DI[7GT,>XB>2L1W?*L<).:RUCQH-#/A0?FYL=>=5 M8_2*?N1W]/E_J'"*Y=T%TV@-40<=\@W_,=@0WEO!4!DT)#QXQRO*H$-HQF!! MHSPK\2*J#&0XS!A,`KW(^WAX"Q+^.U-C_9:SSW+.&% MO8S+/D:YC8!7+O'*)?(P\C"&HTK#4>'%/Z"]C/R`#"-3,3)5[<&@W4G%R-1= MBTQ%$H(^:<.0&7@A,V@U(SR&QN@9C)Z!$3V#[@5YM.CZ`[F8W:F\N%16]^]V/=6O))K'Z8WJDS8B-I!-O_R;]D5\ M1Z3`^A)6<7W*XT64/R@"MQ2B5I%>$NJ0YX981<(VT)[>?Z5S.OG7[O[=(J;S M*,\CUC>*_E.(6EO>W&8)9>?WA!3'D:2.H$S.!<8L62Y2@9=6B]I`^C&ZCQ?+ MQ?%RL4RJKUGM]1U34#=D>D?RZ?4UI=_TAMKU3(!^8',0&I6WHMUUPV86-6@! M.%M4A2BFZ:=E/KN-"E*8?YNAC[&H(5U(DCPG\ZW&G%EC`-HHQYNZD9O1-DTO M2)S>D:(D\Y/X+I[3E00[!M@X%M"K]H@G6ID/DCE95)Q`_2Y[]_H7@IFA2M@Z M6@T^6S,&ZD+2&V+0>PI1RTB5V*S:V]%LEBW3LQS2_C19Q$^7F6#M5$U]:&+L<9G?VF=$"$ ME1O@0UBE@D$3J\@GPY'+FUA%?C`+],YLRGJ M,4PP&S:SN.^DA.L*&^V:SU',5B5TRAHOOBSSHF(4%5:3-C:PGY/2I&LE8C!Z MEYT-3*^O2+Z(TT@\>=KJ(59.0+*\O,Z2.+M:YFE&T4AW>^623G`J-GY5LDZP M7H@/E\1B%KW9^RPKTZPDA7X7721JT^_R_:=ZG\8`L**%3=P7;,T^O6ZMWDVP MJUM9Q/\N)]$?7[,X+=GQ.%LWRWE/*.L$Z\MY%]#T\JJ#9"O.2EH)[[+RMN/45%2SJLF M='/15HA9*YOXZ?^3J";EZ35=&>9DMLS9WKUJMVE08^LKA7/RC0V)=U%US'): ME/&"DH]NV2!MY7@-H5=C4&.KZXEV__X:451E'F4YG5A%^4,#D9#T+)TER]9% M*<&R8_BC['J!HJ3].[_*+LAU0F;E,;4#HO#&BA8V<9]GY7%&WYNLH#!3/EF2 MJZP[IN2*#'B$55Z)%E\3[?6.KIA]A.\>?B>1?&&B%+:/=L#5%$4+5[TLW?Y7 M"MM'RUZ_'^I@1L8=1[';&4+7P?LH)\S%+R(`;6^K.UD9>E M+Y5G*`@GG)^0K M'5STJ0_T%V5<+B6W=DT:6;,:V;Q_XX_6T"BN^77_;@N3&(F=][^CZZO;*"^/ MTGDK74X5"BPE,9,VEO-UF5"<1MPRXE8*Y[,D61;5S*7XGRB/HR]Q$I5/MY2GF)7)Y&QC/*.F7'6/.+6#0M0VTO#P4+#_V)=P@$NP?]Z7 M<(!KHL752V9I!9=@W[XOX0#72RVNETYP")ZZP37H1;7H7UO\E-]?*6SU7%`(1#T65&W<8Q^*VP[F#]DW MX\&ADK79OT(OJSG&5 MV4`PBS)I8P-[]<;S[(3,E[,JV6E6)K-6+OK^-Q917OOB]RS_ M`EW'B%/:&+9SH4-UKR,A=U%:7F6T+WE^&+T6\I8N])BF=?&DZ34OA7AYFWU3 M%SU5-W2A12LM!D=3#11!0I`!39V,JV%76:5M7&!O5OKULE-\3Y4OTK9>V]IY MJ]/^&_#M7>VN=''H=UGT+:SLK-U1WK@A9I?C%+*NL*JNRJG%'2&6K''DDHYP MR@*\%:(ND8J.0N2B#I$*#ROEHHZ07L857ZPN;AHA[C9QA%QW,57;P@;N5O#< M);DC],T/O\.4V)90R#XZ'3#+F$QL1BF\B?:) MZT]75:?W%AO5O`VKZLIKD%JJG?T(['F_2&FW7C9(T((2IBOY=YX((6K1=N<+?N_8% M"K^LMNH*?.]N&&CPK9D2YZ7>\AN4`@.+KG*E8+.M8?U5K@QL%MZR]"I7#C95 M#ZJ_RE6"3>-&Q5BY*K`9_?'%5[F>L'E?69&5JP![%M`IVLI!PZ9^12U7K@!L M^M\H^,K7=%X0OK@*+%?!"WIO%^?@P&%3N;""+(<.FZCEE64Y?MBLK"PWRU6` MSL:R,K0-I-O52F7JP:;U#]) M*^AR_+`IO(>_?QQP`)N[>QIL`F;+,JO5P7 M+_A:6+N7:P";MX?7[N5ZP69QLSJ^7!?8I&Y6TY?K`IO%!Q7VY2K!)G:S(K]< M%]@4/ZC2+[_[X@7Q;U/@EROHQ\1`7O"7Z^''Q&!`O5^NF!>SA&XI8`[>BPF" MN#XP5\&3N8"T7C#7PXMY@+B(,%?!"_KO%!CFV&'SO+CX,,<.F]?%A8GYU4\O M"+Q3M)AC]X*;#0L7OA$V8K]T]<^T7<_&P/7`C:1]XHH\T@(V!RN*JW,-8#-Y+IBRUP+ MV-R]49&90X;-S[):S1P];%:657'FZ&%SL;C",\<.FW\[1:`Y:-AD*R\.S?'# M)EEAY6@.'3:S&I61YG%[L-EVH]8TAPR;7KO5J#EJ^'2ZQ@J;1TWJ6'--8'.J MIK0U5P(VM6Y9U9HK!YM[Y=6N.7[8-*RO?LWU@$W'ZHK87`?8O&Q8')L'I<-F M9K-"V5P7V)3=JZ3-8`/>'.>M*[0UP?YBS+N7>`/>'.>M:[PUP M?YBS+@;?`/>'.>MJ\0UP?YBS+B??`/>).5NWMT+@F;SZ!>D;X#XQ9]AB3N!Y MO/HE[1O@/C%GV&).X-F[.L!;S`D\=U<'>(LY@2?MZ@!O,2?P5%T=X"WF!)ZC MJP.\Q9S`DW%M`I^TF!-XSBU^S**XOA<"S[;%59#>X0N!9]EZUU2\9[4.+PD[ MZ"+S8:4-&U5AL^]:U>JJ!Z_@>)Z55;)E,C]+U[4J6EK!IN9N;?I5T;L&/6Q^ MYM^DJ\7&65D(/#673(F6`K`Y6US'OCN28--WG*NK3>O^ MYG&5%*HU-P2>I:L"?9Z=D/ERQB#1R2%+@,(SIEQ%]Z3]76#3>?>[_,;R\=1< M\IZELJ*+Q4W7!9O9>]7IV8V\A-Q%:7F5T2_#\_6U%(+-[UV%IBFI5B+3ZZ-K MZI6I2I>WV;>V5X9-]%U]6JG'N$+5\,M;&L'F_=Z0DU]E#8%GY^JJTFRVU"M^ M<90$7QL/W@(`GLE+VAFB[^K75$*^`P4\>9>@H'CWKG((/(672`5!.3S@6;P$ M6G16:\#3=PD4Z&28"8%G[Y)IT#IP`Y[#2Z)!^SP?>"8O@0:7<46/JWO\:TV` MY_42:"(.1@B!)_D2E+K?+"'?Z`&;LZ5Z",@">%(OF2J;D8\A\)1>,BU:"L#F M;($"HM+VC3:P"?SJ-L[+![EUPR;O#GJ13TZ<=<_7G14^$#_6?_E;WM[P4F\("G+O!^4+**$[HW"(Z3:JR M.,6JV0=6@/!H0?)X%KW+TOGIU?NF)^*2O6I_?W_R\C!@2O#GTG^P1[^HGQW4 M#P_8TX/O_/E_4:'5.X+J)<'J+0%[3<#>L_'UZ=)X0V_Z[ZC,FB]WFY/KS8]> MD-F/-]G=BSF)7[!;DNR'/?;#WGZX=Q#^>%_,_TY_]:^3;+9DB%J[*/Q71_=Q MP5^0L!75SS\8M7AA%_E)-9050+G`L]H3'\)[\WH(;]K4@)YF%B9"SZT*;0J\ M37T@-U%RFE)M'B0VU).P9#/U*Z46L_EGQ_8BZ45N'YM85]8Q0>MP;AUY7@_! M/.^.P,WMWX\D8M@%%J*0>R([&8A1:#!*28>VH^WE_DY\!_S*F`[0F(`;4W/M MLX)2'7U)S$DJ:<.@UN^4&5)?PK$!:7J6Y_[MP>;5G`Q-YU>J0SY;?B',=%82 MP7]0&1*8U]LZI.*%76 MM!*PO.)YMK7:TYK9+1^X>XW!*0QMHZ^[BR`I_J&KHLI,@X_5ML>STM3(#,KY MT!W=-L,&'%>[#,A?R%].5GZ@F$J!>NB^!/*3"X,9Y:;$\^#D-V=),4WIFKK, MXR]5BOSBX\91TQJNMH%3U$?IO(IP&(R^V]#=K.#)]H.>^[+-DVBA'4Y=C^RE M,MW1-7#'#J=M$%D(ZK;#HX^S0$W6A'B'[GCC-,W--L).GJP:88J+ZK6O]E]/ M)M5+Z2_^=4F_Y_[+-X<';X7S$[&(V_V);4YUW=WRE7U9!E?HLO25Y7+)MLH`.IF`],_XI M"/+\ISYJ-#8KQO8TP_JYL36)EN30&A$;R*9?_DTM*+XC4F!]":NX/N4Q&W.M M=`Q2@'U1JT@O"?4L)F*1?N_MWBYA$N6$D\$2BUB;JMUE":89E MM6H"*X73=8&<`XP5-2IZ5"-NQ8+H-)5=6;[A6<*D_2J7M'(F6\7_LTKQ/1RZ M7A[0U*+%B;+V2"Q.)&H1:<%SD['G][,JD5]E8GKL MZE86\9_>1XNOB98NNF+V$;Y[8-E1#'%VA.VC'4!UBA:N>EGJGI7"]M%^CLO; M"S(GBPJ!SD4/:>M@Q&1K-%N,'DUKM_H,&E6*AFZU&#:^5"WMZS%@(J!H81]W M/U>?&G5?WLHY69:7UUD29U=T=9_=$3E-R26=X%3TJTK6RBJGI$Z,W#Q(N[(G M8!.5B8=6R=K:DU+N1EGM.?9"DUZ3R=G":.(I97*V,.J]HEC*!CZ>/O\HG4MS MT'?1FK2Q?./=9*AJQ&WVM@E`TAH)38.=7CDUP]P^)+44U/1'L_M%Q-P`#-G[1<7+WBBI(#;KGS>LK//!! M*XJ9P$X/+#N>7H&'G1U8K#CDY@K` MYE_]H7=3!]H+/=0'X$W12Q]TZ9Z--Y6[/`+?.3!O"I!XI(*J\AALME:>JC>I MS3U207VVSC6"S>##SM>Y3K!IW?B@G:_MO"!U@P-WKH\7'*\X@.=Z>,'QTB-Y MK@5L=I=8#/-8#-[[T3?@X;-IVKSOVY!K#9?.-R`(<,FZYEUP8X M>MC$++M0P/LO77`]C#,F6:WA,[)$"E@<`6LPHE%A1GG$B.:4+O@CV$_KI\4L$<%W_=6YK)Z7M`\D)G+7SN= MI]'Y.@Q4PF6OZRONC*4X'Y.CVQO`PHF[:$PV*DAA M_FV&/L:BACRYV59CSJPQ`&V4XTW=R,UHFZ87)$[O2%&2^4E\%\\I$[%#DHU# M$[UJCWBBE<(*3?8@ZG?9N]>_Z*ND%+:.5H//5N&>)I6?KO<4HI:1*K%9M;>C MV2Q;IN6J2XZ*@I2"?0>EL!.T!AA=S+$DKD@HY"[LUFP]HY@2.C\1,%9BX,P0 M0G;Q)U*L'F00THT/4FCH/!%"-O)!"II-&"'D*W\2M3:&H=-T+ML.PZ&S1@C9 MSLUT54XG(20\WT(-&*G.S8`K)J0@\IL/U@)(6O-!EBZ>U()(:[ZE'D`2F6\S MR]QTH2'(I"X[L\.-$5F8K06M!:--#%`"L)/=3L.R,V8RRKO#F%]E].,>;_BY MH821)DY1E4K+H[2H=DZW2$UTL&E,]6L"]IZ@>5'`WQ1\7[_K+V9G!GF*=OOB MF_,E%:@[YSN1>&7TEN9\3(]NFP`3MZ`=^L)XF/C%N\0O:$FXE8>)8S!Q#":. MP<0Q.-'SC9Z@;FU@XAF/F'B&LW!%R:N0>X>-W=CXAM/$]^@/>&Q M^N,X'A/G0,3O?>(<=$S^$7WO2\G3EBA$;2??T:*&G'Y'"AXMU*V%/H!$G47Z>I4,UT;6UHS?Y1/[Z/%UX0\RL1>;IK8 MZLG!ZM$>V!2PN"5,R>)=2I916)/S<3NZ[0I,NS)66X/)7)A:Q;O4*F@MX]S: MP_0IF#Y%[;^@!2EA^I0=39^"%`1VJP%3I.`$#<+6P4X>"F$:%,V!%*9!00[> M?0[&5">>ICI!FQG/L3.F,\%T)J#2F:#S@4G8F]]%GJ-!)F<[68D:+^1,)6+D M:'F^C7$;&-\]_$ZB7)6'1"=O'S-#L!_JD'(I1_@.C/#U(G.MX7MEA*\7DFH+ M'XN*T^-S&SMGQ!`Z\W&^H[.=(MRZ(,3-;PO_`$:`_+;P7\&(@]\2/C/=;MP[ MQ.OUHYC4X`5%C*=$B\*+51@SZ5?,Y"A,:91'X!@7B;:!AU`8^PCY,L1Y=D'F M9/&5O61M`I5A?3R]^.7L_)?/TXM_OI]>')]*#.N5TK#^*SC/@O4K>G96V]?J M54'SKMT_9W&^7`-U56('XR!'8%G.Q_#HMAPP)A+M#BJC87RDY_&1H[><46[I M8:PDQDJJ?1FT&Y`8*SF*6,G1TQ'4K0F,F\2)&[2MAIT\0,(82HRA1&Y&;L9X MREV+IT3[&-4MW6KBUE\IZ@%`-S:N$]1"P"XM?&@HA;N<>OC1$4MH$3+&;#: M$+-UOK/UM`K"C3%]O%H@8T\?KQ;(F-1'J^5GK.H()GIXB13C5M&Z\,(;QK#N M2@SK",QJE-<1,)X5[00/`3&V%>XEE;K`[5561LD%*9ZHW&KR$*0MQTP7!6G:4"V M$7;R6`BC5#%*%9D8F1B#4[T-3D6S&=5Q-,:D8DPJJ)A4]#]@:9MW0?5*>72= M1,QVP*D2+>084R%P-#PKAO>40_R9]O>KKJS[\#BJ;O,)]O)%0M;1*:)797*V M,9Y1(ZRZYR0J-3`[HK:1AH>'@MC(OH0#7(+8WKZ$`UP3+:[>T8D57(*8XKZ$ M`UPOM;AZ48!6<`EBF?L2#G"]UN)Z[037&RVN-TYPO=7B>NL$UZ$6UZ%]7!,Z MCU+CJB4Z3OH0#7%I_'SKQ]Z'6WX=._'VH]?>A M$W\?:OU]Z,3?AUI_'SKQ]Z'6WX=._'VH]?>A$W\?:OU]Z,3?AUI_'SKQ]Q.M MOY\XS6UELH$NW&AT?M=E&_#]O%M.$U0-Q=_9G820C&JH"O7^)81\4UL@#_LI MI3Q!/FF0]]@,./)UTK4>WP%'_K)!WF-$X,C7&>%ZG`D<^>LU,7E%J_5V+8?N M%:G6.[H\6B]+\RA>T6D]=8QA^X5D]:[RQRZ5U1:;T!SZ%YQ M:;U'S:%[1:;U-C:'[A6;UCO=?)GD%9O6F^$L6F]I\:F MK73!$\_8-&REV_:,3<,UFTX\8]-PS:83S]@T7+/IQ#,V#==L.O&,3<,UFQYX MQJ;AFDT//&/3<,VF!YZQ:;AFTP//V'2R9M,#XR`X%PE:QW(?'O/=8=)]-"I, MTH6Y]KW+M3\6:QIE+A5,L8_F@:D,,+,^O,0Z=R2/;@36M:XIH;$SD7V]Z=A7 M_1*QG76K5QA8W6Y7D':^A@.5?V#7> MF4#F`L1<.[E5@6E?-=LDF/85.7N\G(VY8-6Y8.'F:D=;&OVN*B:(Q02Q2/H[ MX*A`D?Z8*^C!3?V.5H0W=IX_"0:6U<.R>A`KT6%9/=T$SU(%`*0AKR9S&]^K M[D)YYG2EL.T2`0;((1<*4,!'*W5GI<]E#];0?F#HC*"N)!WA_)U$N3`9L5S4 M)5)1FD.YJ$.DPD2D;M&=&B+M-'"'7%9W0MG`7[V?.F')OX?Q, M]+%Z<&<"(4_@XQ5YU5\<>*E(""1YX*,4Z7HH"#D%'Z60."_E:],M4"=A(V.> MV>+-6XP&1DN#8&D[>5/0BZ!&V#&_8[89O)-CWXJ>X%X,["AA-"@\]?8^3X5O MP<1\NGH1%W_4=G!"RBA.?DNK+T;FE;%]/+WXY>S\E\_3BW^^GUX^J!\:U$\-OC?/_8L*U(:U>GC0/)T9UDX?XSE?W(&ZJ>5UF/". MVX_SD3JZ;0@,`!Z/=<%D)[PQ++LQ#"[4=]3V,!<8C#+/ MVC1MN".XJ?&UO=<]7P MO*+?]QU]_A\JG&)Y=R$T6AO408=\FW_'S0>OHF!$#-K0$%0:#EX)$:QJABC"K& MJ'JMS*[$J"(=^3.1PZ@:>%$U:#^C/M;&>!N,MX$1;X..R!LBQTBBY*R_-HT?4,_&MW M_VX1TWF4YQ'K&T7_*42M+7ENLX3R]'M"BN-(4HU0)N<"8Y8L%ZG`2ZM%;2#] M&-W'B^7B>+E8)M77K/8$CRFH&S*](_GT^IK.5=(;:M$[7%.RX8./X0*_:(YYH93Y(YF11<0+UN^S=ZU\( M9H8J8>MH-?ALS1BH"TEOB$'O*40M(U5BLVIO1[-9MDS+59<<%04I!;O+2F$G M:`TPNIAC25R14,C*BN0K8;/C]&8U6Y;/4^62;G`JYJI*83NC,8UNJMTB-E=6 M&XY,T@;.-J^QTK<GB_ M3.?,IJC',,%LV,SBOI,2KBMLM&L^1S%;E=`I:[SXLLR+BE%46$W:V,!^3DJ3 MKI6(P>A==C8PO;XB^2).(_'D::N'6#D!R?+R.DOB[&J9IQE%(]WME4LZP:G8 M^%7).L%Z(3Y<$HM9]&;OLZQ,LY(4^EUTD:A-O\OWG^I]&@/`BA8V<5^P-?OT MNK5Z-\&N;F41_[N<1']\S>*T9&?D;-TLYSVAK!.L'^.4K?3/JIV\*N,-J2<2 M1PL&RT`#[1,LZL5'P54>S>NY$)U[+N*"W<"2?PU-*ZLV0+[FI*"=^"XK;S]& M14DYKYK0S45;(6:M;.*G_T^BFI2GUW1EF)/9,F=[]ZK=ID&-K:\4SLDW-B3> M1=4QRVE1Q@M*/KIE@[25XS6$7HU!C:VN)]K]^VM$495YE.5T8A7E#PU$0M*S M=)8L6U>F!,N.X8^RZP6*DO;O_"J[(-<)F97'U`Z(PALK6MC$?9Z5QQE];[*" MPDSY9$FNLNZ8DBLRX!%6>25:?$VTUSNZ8O81OGOXG43RA8E2V#[:`5=3%"U< M];)T^U\I;!\M>_U^J(/)I1SA.S#"=^`,WRLC?*]P M>$UKM_H,\@2*AFZU,/,0HA8`<&L]AZ@%`-Q:CR)JX1ZWWM.(6MC'/6##3M'" M/N[C)"OH=,P8=5_>RDT-NEXJR]UQ%*V\'W("O(Q2\F#&%CK MS]9&7I;.V2EE$5_'9'Y91N52L*TAE[2%L^J6CU'^!RG9UHD88D_(7B^69RF+ M)IR?D*]T<-&G/M!?E'&YE-S:-6EDS6ID\_Z-/UI#H[CFU_V[+4QB)';>_XZN MKVZCO#Q*YZVT.E50L)3$3-I8SNME0G$:<A(6L9Y-)]74>514COWLW1.[I5X M)2ULX[Z+XF3UE3_=4G)28^Y+.\3[F7RYC$O6D;EN<*B:6=;@4U24)UEU_D(_ M>4R?3MXOJ7&I>U[1RJ:'U[ISJ[Z;O]3$<:MD;6)=?<35X6$5YO4AB^:"X:MO M8>6$.TV745*[?^DL3"AD'9UB5B:3LXWQC)IRU3WBU`X*4=M(P\-#P?YC7\(! M+L'^>5_"`:Z)%E.L$E."_H2SC`]5J+Z[437&^T MN-XXP?56B^NM$UR'6ER']G%-]OX-/Z^EG"`2^/O:PD' MN#3^OI9P@$OC[VL)![@T_KZ6<(!+X^]K"0>X-/Z^EG"`2^/O:PG[N$3W"_H2 M#G!I_7WHQ-^'6G\?.O'WH=;?AT[\?:CU]Z$3?Q]J_7WHQ-^'6G\?.O'WH=;? MAT[\?:CU]Z$3?Q]J_7WHQ-]/M/Y^8LG?\YU-D_L:*EF;6/7W-N22-G%>D*C( MTDO"]HK)O$[$'K.T;BR;2YXMSA8+,H^CDB0/GW(R(VRW_A/)XTQP8>$IGFE7 M]^J0\GV65QC/L[)*:$?F9^DZ::Y*3:/F-C1B)YE7&=OYK4%]8&#[R"5B-ON\ M"T&\L:V6=HG7'*L=G+_&-[>D*/][21&0/'E0?G^EL-5S02$0]5A0M7&/?2AN M.Y@_9-^,!X=*UF;_"G&HAX:BB7/D`U%;OU^@OG8%Y:Y5]7)VLFUP$&[8S(4& MK:L[QU5F`\$LRJ2-#>S5&\^S$S)?SJIDIUF5-)O'`U=E[OKHS5JYZ/O?6$1Y M[8O?L_P+=!TC3FECV,Z%#M6]CH3<16EYE=&^Y/EA]%K(6[K08YK6!96FU[QD MXN5M]DU='%7=T(46K;08'$TU4`0)008T=3*NAEUEE;9Q@;U9Z=?+3O$]5;Y( MVWIM:^>M3OMOP+=WM;O2Q:'?9=&WL+*S=D=YXX:878Y3R+K"JKHJIQ9WA%BR MQI%+.L(I"_!6B+I$*CH*D8LZ1"H\K)2+.D)Z&5=\L;JX:82XV\01(S<$ZPTG7#*=_ M+N.[**$S2W/0HF8V-+BZC?/R06N#$C$'"!7V)I>TCU-B6T(A^^ATP"QC,K$9 MI?`FVB>N25U5HMY;;%3X-JRO*Z]!:JF>]B.PY_TBI=T:VB!!"TJ8KG#W+E"! MPMVO<+J"W;M?!1-VO^[INI*T#_@O!;505QKT;FR!TJ!;+'4%NG>="R)HT7;E M"G_OVAY,K!9>,O2 MJUPYV%0]J/XJ5PDVC1L58^6JP&;TQQ=?Y7K"YGUE15:N`NQ90*=H*P<-F_H5 MM5RY`K#I?Z/@*U_3>4'XXBJP7`4OZ+U=G(,#ATWEP@JR'#ILHI97EN7X8;.R MLMPL5P$Z&\O*T'+\L%G6O!PMUP=F@9"W?R83- MU@85;+DBL#E;"Q\V7*P.9R%7+8+&Y2$9=K`IO,)<5R.7C83+Y5I5RN M&FQ2_R2MH,OQPZ;P'O[^<<`!;.[N:7#1/C%]"9NO%95XN0*P>5I?F9?K`9NP MS:KT'EZ[E^L%F\7-ZOAR76"3NEE-7ZX+;!8?5-B7JP2; MV,V*_')=8%/\H$J__.Z+%\2_38%?KJ`?$P-YP5^NAQ\3@P'U?KEB7LP2NJ6` M.7@O)@CB^L!,76 M@HK'7`^?V%I4`9GKX1-E*_9/7_M$W_UL#%P+V$3>*Z+,(R%@<[BJM#+7`#:3 MZXHM:@89.M MO#@TQP^;9(65HSETV,QJ5$::Q^W!9MN-6M,<,FQZ[5:CYJCAT^D:*VP>-:EC MS36!S:F:TM9<"=C4NF55:ZX<;.Z55[OF^&'3L+[Z-=<#-AVK*V)S'6#SLF%Q M;!Z4#IN9S0IEK@S`,<-KGV MZXLWP&'3:[\`>0,<-JOV*Y0WP/VAT;J$>0/<'Q*M:YPWP/WAS[H(>@/<']ZL MJZ0WP/TASKJ,>@/<'^:LZZPWB;K\8"H%G\NH7I&^`^\2< M88LY@>?QZI>T;X#[Q)QABSF!9^_J`&\Q)_#<71W@+>8$GK2K`[S%G,!3=76` MMY@3>(ZN#O`69>M=4_&> MU3J\).R@B\R'E39L5(7-OFM5JZL>O(+C>596R9;)_"Q=UZIH:06;FKNUZ5=% M[QKTL/F9?Y.N%AMG92'PU%PR)5H*P.9L<1W[[DB"3=_-90FA+IWQ!)O0U:JT MU(!-[Q^R;_I!Y0>]"U79'%/`LW,I-6EI`9O"=?=J0^"IN;KXV04C^>VB$'AR MKJXVK?N;QU52J-;<$'B6K@KT>79"YLL9@T0GARP!"L^8_R M&\O'4W/)>Y;*BBX6-UT7;&;O5:=G-_(2EY55&OPS/U]=2"#:_=Q6:IJ1: MB4ROCZZI5Z8J7=YFW]I>&3;1=_5II1[C"E7#+V]I!)OW>T-.?I4U!)Z=JZM* ML]E2K_C%41)\;3QX"P!X)B]I9XB^JU]3"?D.%/#D78*"XMV[RB'P%%XB%03E M\(!G\1)HT5FM`4_?)5"@DV$F!)Z]2Z9!Z\`->`XOB0;M\WS@F;P$&ES&%3VN M[O&O-0&>UTN@B3@8(02>Y$M0ZGZSA'RC!VS.ENHA(`O@2;UDJFQ&/H;`4WK) MM&@I`)NS!0J(2MLWVL`F\*O;."\?Y-8-F[P[Z$4V#9N[-Q7H6C)LUM[$OH8- M/&U7`UMEM>O$7?]XT5'A`_UG_9>_[>T%)_&"I"SS?G!"KJ-E4A;!WE[]9T&[ M#=WILI&D54[N^K<;VG_[]NW'N*K@6/PXRQ8O*LU9)0:ZYESF9*WE"2FC.*%S MB^@TJ?KAW$/YX7\S_3G_UKY-L MMF2P6OLI_%=']W'!7Y"PM=7//QBU>&$7^4DUJ!5`N<"S6A8?S'OS>C!O6M>` MGF:V)D+/[0NMRR/K^D!NHN0TI2H]2*RI)V')>NI72FUG\\^.+4?2B]Q2-K&N M[&2"=@+(3O*\'HQYWAV+FYO#'TG$%!#8BD+NB2QF($:AZ2@E'5J1MI?[^_0= M\"NS.D"S\L:LFNNA%9[JB$QB6%))&Z:U?J?,I/H2CDU)T[,\1W`/-J_ZI#.B MU>_9?[Y$!:&_^7]02P,$%`````@`N$(!1^)11$[A.@``/KP#`!0`'`!I`L``00E#@``!#D!``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`&0JCL MK^^(^EBF+>S5#^NX5W_Z]^FLF[JMLE\#1/<("3:0J]G`/\!S+Z)VPX"P-F(* M>N?`J'Z4>:K&9]GXM.J`#/!J;8@X0WX0E@&1;_V)RJ&H/3*20!_7'AN`\'NG MQ5E6IN7+M7Q,Z[8E*S\DTW6T(!,D*1!>[(8!6ON%'U$[8F`"&$N%B4)0'IQ4 M[,N3R44U6'S^+_FB)8+!AL0$V`_"TC\79HY$XTE4KMC88`JH0D4B$!^.JH9H M7#=&YY/D<0T?[3,D_E"^@(5_O!=N1.V'`6Q]U!3XVJ'!/97%?9Y^KJ?;)HPU M)E2HS5[LAB&![[CCQ%\7T3X-C''WSH;;/*EEK)N7Z9V:K`&D?8;$'\H7L/"/ M^,R-:/TP0*V/F@)?._"P_Z26'"LN`:-^G0EQT`]XL1L&'/+/W7$/^+4A[8WW MS8$/1H>SAP=Y7Z9?),`'K0V1$)`?A&5`2BS\<7-"']8>*8#H^]7YEI*B!B/] M0[*0:T1?;Q)2QN6"VQ`YC9++6.TOL@>53]O&9O:GH^>T,#0`%FMB4X#S34H3 ML'GXN?;S?QF;!5NP>PT$"IU@3#I5TR1='\[K'Q)YHLT9,@G96C`28"UH/;QU M0?7<$\B\H515U$N9%$^YU%10V`C;,V`\84P#8+_T)V8.^1H#2W`5+B@\W-#6 M4YN9,S^`5L%F[)\CQ[)R*,5M\BPY6@AK4`%>A&\UCAY*F3>AN,I.:\$ZO7NJ M.Z7B4D[O9+ZN*^&LL1(3R3$RI>?N*!<0;T_AX`GAP8V2;O+Z7C\FD74W5S#<,3Y'M"YPW:..?/CB+1,#YL90*UN@$+WR>E)#]VLV"U"9 M%K[$SZTW8W,9J%.E1QSN)FTQW\7%?)<2M(,3TV-L]PGG M#AL%Q9]E%&2,GK*]N^MHZ*1J6T:CG;WM'>UXQ?08":SV3?0B_L>6-$!(0VL>HGU`RNS68`M[`M?V,&L[Y&30\R# MCIR69^?^+IL]EVL8&9^33S#J\[=8!3V_*'Z>>>,8()D#J3G'J(VU7^"O[OZ[ MW3VGQ\7T&`F[)7?8R#_H"T^LD!MCJ&P1"`KXQSR=)OG+K7PNCZM&CU\"G3U_EEEAZ`3T#[%+#5#.D(E_,LS\L'8MAM@I^-T# M0OPAR:NI3$4P4VVUVM&`M_I#6H>CP\(G=\-@C_0Z36R@!!#C/JE)-;\ZE[(X M273G'F$CBC!G\X0Q#232M?Y$[5#,/+9DX:"))<(*%QD&@C3W^)BJ.#Q/'3]+.LF+7N<-7&&RF\SPPY:<=YPQ@&&JW./ M8NZ2O[FQ1EIAXQ-D'V:6/263>C=@SSO8#)#38?=B.I;',76`[7E-$=K]E1KZ M\358=(24X?&UV8XVOK;Z0UJ'&U\O?$8:7P.17A]?VT`) MPICB5#[(/)?CDZH/?K02QVI.XP_6.RU1,#858NY:S'Q'8I4=AG5R(8$+P['K M*I;RZN'L^?Y3_5,SQK/P#).$R#5"*>@)`W*N<5\?0Y@78#Z:C\(\%#`]]N'A M#,+`L^>DO@T85!CU-C2.@7X0EN'ZP9F_&/*C(;#K'('B'Y(4QR__DDF.H8;6 MTHD@D$^T?7BRW+V(VF]$TNA#;J`.@$](`F%%;:NY$Y5H$K+$)8#&BE(HT+8,7%(GH"9U81BB1:_+@'-P2=3'$LAR,RI4#3`9*XB$.VINJ91FH/2LJJ5LO M2RF5>P8,3/V@NCS=E,X8AYRI8R;@SD5=?(=M3368L-2.W)J6FZ9;XOAE,_IX M.U@(CD;J^[M%(/3\]F2#"4KN]>V)V5O26#T^`AX$)6/U]M@%*ZNY$P=IRU?6 M1.'G.K%7L^PP&+@696UKYOMDHNI/_^$89C)VXI?%,R5)>&[-/,=EEC'\!E[! M<'D^/J[R\D%-4G7[E&?JBS3HMS8S[/%QG#>R_JD[^.+OJX;GF+WK8)Y@S8!]J;. M'+$V&J;X*F=O>92-.Q\O:&1=?<^.3X"D"KD$U&3^:53Y;C9RE\U5T-TOEC3^64'4)%&][@(J_[\@GO8&?.92ND=D-B@X4D MD=T\9`,5C3^(8>K=-7NR&1&L@)L]T\)$6BS9P1X>ZQAG<&/?=J MF=_:S(BL0P0Z$:?'*-3"D@S++5^4HC&)F4!\@V%[ M>(U\8:%)>W7\13:6SU@$*4F0Y'$H!3VA?TJUWD7C7L3A%PD,Y1(VCL;).CW" M)W!LKI`3-'PRCAYPX3U"0X:9JU%1"TLRRVP*:^Y(,-1<#IN(@UR1YG9H&(PL MXYSKK=U&>717E'ER7ZZ!:[%RNTS4X`ME&V`[WMH%HM_SWQS:"ZOISE!]_(,2 MXT1-GJ;9AV0J86KT[1PO)C;Y0UJ')XAHG<:[G;@?:>,%Q090?(_$G]/IT_3D M:?HT:::)S5>:VRO8KK[(_.KA0>95N_8Q3^_7475*BQZ;NY=K0`XA1NM-,<2R M'.T7O6?W\XD_)(5(Q&=9I<[*I+U&;5XTT93MCRP#>A*4/,2@I::1W*)-S M^G`$7USZN[E#"Q*$ZU2FX\]*8/.@`I/"#V%M`PI,NM@$W0`Z@D,)/)JA!Q)7 MV;5,LR^R*.7X-/V2CF4V+HZRZN>BS-.[I_K&E,+"S<'9.0\O!I7>;Z9,@XYJ ML+$LG5@4K]G5OU+`F'5B."&`(<@0BGD^E[2X4^A<-O5W^84T#[1 M]@'.+"WOBJJ\:H^RH%&`L#EO$ M,OF85#7D?2S@`GVBW1>(\(?;O;8,4%LPI/;;^^SPSG#VGMGQ?=;Z)L2I]J#[Y"1RPPB* MC1H\9.#%&4268?)Z=']?TWQ&HZ.BD&6AGY="EK0I)\(GVC[<1''FU=P^-.5@ MG`>"`*Q/\>QH!::3C41#J8,C#"M-8E`!08"0L*]NCM#I0H"%TVX6L_8$V`7? MP;(E&G_L.U<,.H\UZ'Y9\$&6\^^U&5MTT`;)!(P?A*5_-E3NEA^?C=M9P'%6 MJ``AYGC:](:YGL46`T>5[$X5DC:?OE5E,A&63P4?/91M%18_)>D7H476#@M25TQ"1HFWF99!5/I[*9 M)IG;-9L9>@J+\H8S#D:=I>-F9S[+G-827H4-"J+>FK(P-*5V\Q#*P@H"&]2N M#D5 MD5H@7$*'-HA4(M?D@=LAE8M9*<0?JG*(>$T1$B8M0RD0^V7HB9I^5EG5+8\: M4=@ZI4?;(_E(]4],Y9]]2]>MPL^I*."#K\B10O1UUKP,G1PA7;#>[5SE,GW, MQ&WRS-Z+A8`M;+^U<+]#;!5L]M16`>F?F"I@J[`3L56P!K]/+QQ>@;MDN$+1:H>=/2#](:T#S"!Z.T189@K6 M\"IT3%AH8KQ,$6'I2A7+!8X(>PZZL%_BB(FXF3T\%SG.O)T])]//$VFH\[`1 M;7LF[`EC&FR+H)@YY&A7+"%=WW(&ACXD(_XEDWQ[!/)AU<2)#5HO=D/4AEV9 M4\A`^-N>7T@(0Z`&X(1H<97S=VX5=." M!5_=1.+"7C?W['5S;WC=7/=B-PQ4-_=BULT]%`?VAM7-/7S=W(M;-RU8\-5- M)"[<=7.T;:V;2Q/GNMGS8C<,-:+=CE@Y.Y$$2+`>;V+E'&VC*V?7-,J8U@(& M6^W$`L-9.X]?:I]&00EG[%1C+9XI20+5XM81>QTV1ME`&A@50KU>SPA5P\V) M&.KZ\4M3M;=P4B-+11^*'F?E_Z"6[21*BH02.#4"B!)0DS'0[H/J=##\ZB6( M@H%F=N2XB$;J<3`)!Q//H2?")/]U]4HH)!#D\]9;09FB>BY]ZT5ISO0FK13Y0C-HB MP"M*9G,_+0)FIVZ@0$&\LE]]6H?E9N+0+O*M5:B[`):U0^4(S9(EC6 ML7:2Z+Y@`UA@SYU:?5CM0FG/K1>.`Z1`%!4B`)C#H?W4IJ.@D&6`X[OM/:VM M/S%S&$<&=H4A\`'QKD/3L@ULY%(5X04BV#0P2Y"+!:&8`2P&8&#`5U/;"H_- M.,J:'$?=)"/`5T,OFC>H&H73I(0JJ=;.H9Y"_I#6@6BR\"5J9\R55!]>+4L` M)-!5=24/1&TUV`=O-W&8,%1A5WSX*O+H\'!=@3`]=JBVFMQAH]`#K]H7NR&MWX-W&3$@/>('V_-*BD-M[@:X1 M`]X[_'CO6/'F;,_75YU-C]WPUJ]IFXP8\-[EQUNSY@D'.2C>;V&\WP[#>SUW MV(@![[?\>+^UXOV6$>_U-6338S>\]2O4)B,&O/?X\=:L8,)!#HKW/HSW_C"\ MUW.'C1CPWN?'>]^*]SXCW@.VS$@/=GVM:\2`-[>^MA)"$]YL^EK]!C#>0_0U3>ZP$0/>W/K:2@A- M>+/I:Y4O2%_K/G;#VZZO=8T8\.;6UU9":,*;35^K?$'Z6O>Q&]YV?:UKQ(`W MM[ZV$D(3WFSZ6N4+TM>ZC]WPMNMK72,&O+GUM940FO!FT]#-K:^MA-"$-YN^5OF"]+7N8S>\[?I:UX@!;VY];26$)KQ!?Q6M^Q:9M>(H6YQ:YDK(30A#FJ9 ME@#CZM8A3]TR1I>G;B$BS5FW>B=#38^=ZI;AW*G)*'S=&O'KQKI3B7"0"77+ M>'C4;!:P;IFCRU*W,)%FK5NP1C\:IM'W-&.H6OT8_LFKTZT&FU"W3G4UF MLY!URQA=GKJ%B#1KW8+70T;#UD-ZN<-&(6'G7P@961="UJ-+J50[N$JUPW=, M%@HR3]U"!)RU;L%K3Z-A:T^]W&$C!O3YUYY&UK6G]2!3JICIUC&S6<@&S!A= MGKJ%B#1KW8+7^4;#UOEZN<-&(6'G7^`;61?XUJ-+J51O<97J+6N_90PR3]U" M!)RU;L%KJJ-A:ZJ]W&$C!O3YUU1'UC75]2`'Q1M>4QT-6U/MY0X;,>#-OZ8Z MLJZIK@[G#1@QX M\Z^ICJPK?>M!#HHWO,XW&K;.U\L=-F+`FW^=;V1=?5H/B3/*SJF/$C6 M;DQY5ZK)QI3*?[WLO)J8OYN8O9Q8O)VH7T_,WJ_]=U:5"W&J1/6.8O:28OF6 MHGI-4;^GF+^HN,J%YE7%[%U%^[(,#N_CIJ;"#A+3K,&UA[86EQX^JO?MEK@\H5;#6@6WU__[OG(_DG M7"VN;'=&.]M_$G]H*W,^J\QC);*J,N>SRCQ>5N:'JC(_5*^_)>0L`%M5C11E M'8,_6JKL[O^OLHQD"S*[K-B9/,KN!,=P%S["$COG1/M$VP>8B;9.QT#\Q5;#:W+@3YT_-V&KF-$[- M-H0?(A:$&+6FK^:%K_&F=/YK?@N5%26^)F`P8J29FCTWPP9"?#H,9@Z7]+?` M?54WM,;>R`CZ(&X`;XB2>D MN3M3$!]\0B8*UM3P?_D)&W6(2\[?@;)DA>\+V+X*%?Q<^-;XZO,R*# MKFA!"L&EE82J_]J6:*MI$(5Z$)U2,3!X"*K*0\!# M\3QXB( M*WR46,ASF6;I]&EZD7V115FW=-?R/T]I+L='T[HP-DHAD[L2C5:Z89EPD')+ MS`HCEJ41\^*(G]L"16$J%D@S?TE4",+JL^?[3U7\Y6V>C.6X7H0Y4=-I6A3U MIB4]DU%):.REE(*>,!Q+Y^Y%Z[]=Q.J4@+T9Q6&S3D@"HD%(6%S+SU6T*_X? MJ_+395*4U<@Q&U<#RW'OS`4E"8V$E%+0$P8C82$6[D7M7[0%$$E%Q;8(["S$ M@;/.0@*D85A8_5L%N)F@7#U\4%DN[Y_R/,T>C^Z;4495$@,9"2F)G*27R3E] M0(9V2E%/U5^4GF\[)\D%_K=OLX*>3X*CLK MRG1:S:G6^TY*$B11'4I!3^B?FHWWQ4&6+5$5H.F]MT13!E$1=5$*/EJ2\%$N MD0RR5G7?#EIKO_4F]ZK1GI?&P@2'E-@5+._Z5&O3WI"I+F2:K&R(9Q@',^Q%'! MT/)ZRBW@B&&U?195J<1*L9:/ZH*)>8A5FPT,S`,.B%(=H'59ZH MRMMD5H!Z7'WZ)&_5>E]A8!XY/9&*KN4;F$M`LM;'O)>%:2A;%T=4Y:E_T8P^ MV"E,![7':4=>^"7Y35F?&'U\6:Q\G=3OGM5_[:]CXXR1]"5YIB0)<)ICYES=C,"+@CO.&,`[%AU:5H??(2`XRT MPL8G%%T:3K;7%=2=FX8I!@L"26`?5KM`U&C;B-9=.VYAI84IK`H1D7!M1WF1 M%4_50.=4?E9%6B'[4OVA3,LGS0B`D(+4HE#*0$X7K)TIQ42G0*)3HGJOP_Q:139J#@-8>8E\8/)?9;(^@7F5OY<%P&^M&9W"D#>< M<5@BSF^?JD^8U%ZC4$T?:QV;`%2"$>9H/$YK^B:3=M[5W-=G)@YH3B<0QCLM M45A"+5W/9]+MI9(Q>`5#H>,7`KQP//N2I)-9H_CQ4S7/!SAF,G7@E\4K/D%@ M7G70"R^&0DI%N50&*J@!B M5H+HQ#/`8V,@A&HP*GY,BO)4-2NI56.:5MR1YT_5>`]HW:Q)Z$3$EH*>,"P- M:_>B]C_3$]L2B+8(47AH!T='0R2D?EEXG.0GGY)\[GBV*^4FF]'XYZ,<&@U%C5U(JEW+I%#9C:P]R_') M)"F*T_3A0=;[H,ZK][J83N4XK=@_>?F8R_OJY^RQJB:I6E\#\YWL!W MM@$IOR7:XHEY^4130+$HH:@Y*3IE%(M"BK:4_!7#`S-Z5<<7VT)5KD8G.E=Y M4[*JCE\U91M?9!]S57RN"MW;:^"4EEQEZ.4:D$/@BM`JCO47'MI*4/<$L]*( M-!/+\L2@/`5$#;O)'/!+Y%JZNE7UA2;F:U!!&R0Q,7X0EOZ)UBB-I6HOK&D] M;HG&)P.+X,@J5$A"-F_KCC5WY6%,B8T7PBL^0="F24L>ILOZ4('O-3AVF'B8 MA&21)P:1V!.+.1$Y@^=+2*[\/7W\)(OR_SQ5?F4^>3'W%`A+)&/P/M'V&-XX M7#'/U2=A8JL(X4!<_0GD8KCU$Y7"?P6>N14+O[@10Z`;0'TA%?;>SWE+HB\` M,**P)R#V"N@24)-Q$HUY=($`H==G8('CY!F)8U[YY<`M?EY%9Q2532&9]%Y] MQ0T)[(9(!J$]8LW],Z?U2>WY//('$6R%#Q!B5&+.Q#`HP22(,3@,-/SP`PC/ MX$/K'QA[6.V)70/6/S$58S5G'G?8`>AU%$C,&`E&(9=/8M%)Q4ZHV%0BTB@D MA3I[$IH;].O%8MO2/"D-?6\*NAP.*/>E()#1;4S!`AJ6 MA9W-IB?-9:KKB^GX!([\LY:`FHR#>2L;C&?^([`.`,-(.1N`?OG6^/F@%E^4 M7_N@?/,Y^36\*4F0G',H!3VA?]ZU]/J@Q,)_LSI>EV"K4PJ^-7$2/LHE MDAP-WX_U966MYG!>W]2;3'0?W"`E+FD_JZ/ODDIG)D)JXL M3FDY>%D?>6RWMJD'D=2E:*C9E"/*EGH45$9VHC`.2\[.7>;S,C0M^?J'#\CI M'`F*+8]C:@Z2=B^]7W*T+4<$=MJ1,O(3"7)8AIXK56:JK*?Y]0YG_?GT^<90 MM_WNG"X=ZP5#%/@=<]3&1?D7)P5,ESDL]TUOY.$!5I(:FX3P5<-O:Z+YEJ_^ M&BF[(?8+!%B/6'/_M83O"BM$5*'/+C-<<*7S:KJ5"F4[@";P;5BH%`'(TOB( MQ!7@?BP"&'X9T[G'\49^D=EI\O*O5$[&^EJ.M$:RAN:;E,8__1X^M`L4@H8N!8.69J(O`)AC(-;J3PR7CYQGZ]'P$0.^&BMFNZJV50 MM@.99K[2!I6"F5^-[XB\,MQH0P"*ATU((GGB$(D^<9@3D3-XNC`SY39Y/OO/ M4_HEF5231R1MS&G<.60MAT-*-G;5JN.R##')!D`#,<^&J%\:WGY*\_(%'E"# M-DB:8?P@+/W3J'77'3*QR01P7!4J(`R<,`U];69NS(`'VC9C#GXP#ZFM8381 MA67XO.I3-W@%+)P88AX@`W8,O.`:"D/Q-%`A^+!WU1U(@$'8(V#G0YP=:QO, M+`A;!X<(2RKVR`$IPCXH*R(-/3$![S-FT#`S+=*:(WO;^SL[#4.J/_S[9KOZ MW^[^P<'!I9S>]?8NF!XCR6#)'3;R#_O2D_BY]<7RI3Y3#)4M`H@3C>M)#><8 MS6:8*(_5_=.T8ISF4X%`M-.;3TGU6)Q-9?Y8+T.W4Z9V"^FL_SU6]6!F<:G#TD2E#DIS$$C; MZKEG@);(!Y9P:#8AQ/-%6>QTG'T/A:^%'X"H&AYM1(M$S]S0CPS)*%RKUF7' MWY#\N+D4?VB)DL]NY!TKD:FR^K4]:#V>'^%K[^I]:$XCRL5IQ.I/97V8[X_? M,7=><8RYPT81QGGOJQ>:B).G/)?9_0MV^.9]DJN)M[)% M"RT[+)."DI#.+)3P5ONRCDB"2CV4B#M(/9W$D-2C,^.?@1HJ012YAX2+'[EG M^^W;M_KFRO28(O>8-`LD]C2=VN4<70V6+`%9:Z"2%Y!ZMV;=2V8)(/B14 MZ))/-S$@^6C--F2G6QJ['N4K&37#FL8'E ME:'9X"_5\U%:/YD%:W?F!>O3M2F;EK3M]"OL+,PCU0?S1?E"$=$2NKHP]&3# ML_,_KG"G7*090'P"D3I39R?Z3G=X=N$Z9VY_Z:D*]OM/! M``9F[\DB*;PO2&,6?BQ.0"/J]B`"0"[;@Y:)P>U!&K-@&^0J7]A>.M#V'TK, M?6W_.=S;AK;_]![3MO^8--JH6;OFON;[GPCJ8UK=!&(#$[&99)(5W&&G, M@NWCJGS%&E'3(^ZR@VB9&-Q!I#'[%L838?<$4:`9OB>H&L.FY<6=>GYN`W,J MO\B)^BS'L]'MV?./RR5.8&O0T'RP.X0\E==3;@'V"S5%$DV9YEQ=E&HQQSJK MV+NR5L^_'A?6?1 M!I"1ML_(V8MAN]'P_`)NE-@_70H?2)>5*+)M0W"Z<)O3V, MK0GA(^ZD"2T2PYI0W^Q;Z*5"B4$$3,*+03Z$(`X1R)\`M(GBST;+/I[F1J'E M'I]2SW"99]"\VJ+S!%)XV`^/122>7VG'IZPS7-()J##&T1;9%:&0Q/.D!+T[ MW-'?8V%Z3%*"C+G#1L%'==483HK+FY.+_AXUSLU"FN@J6VS0.L,R*:C]Z,S" M3T)A`&+N#Z)@XJ#^=!)#ZH_.+)3Z4_N*J_Z08NY)_3D\V'X'J#_]QR3UQY@[ M;!2[XFUYJ9_>Y[H:,)0ME&CU89D45'QT9J$4G]I77,6'$G$'Q:>3&%)\=&8; M.C8(JO60T!BN]13WZ=I&]HMIJI=T$*98Y0;O%9\@@`Y3>>T3HW+,*K5@PJXH M@<+,7H%L3/H(*DE`&41;BR\N+]@E"F^`T00'*".#KH!*$DX^,"$V1"&()Q#X M@]W/='_T;GM?ORII>DR9[IMSAXV"=^D-JXZO+TXX9_>Z8"I;*+#SR$Y2:':O M-0L_R5B)=\3)/`D"^F2^FQB8S&O-`DWF&U]1)_.TF'N9S&_O;6_O[QDG\[K' MA,D\D#ML%&9VV'KBOOQ%&T-EBP!R/MA-"LS!]6:;T7D$G(S30D^>C*\D-D_& M]6;,78O8B8ODFHGH54;^+F+^,N,J%YG7$['WX1&$V7BIN%B#G M]"&+`D@Y/&[#:@M-IS%XST&\XTR_.NJ3!:V@A3&+8CQN`PG6\9O_@`K;KZP^ M^%'ZWFX?'@!'O#2/*4J?.7?8B&F^<*(F:GJ7)O5W9.MM9_S'NG3Q5;;H8'6G M3E)(_-.:!=*=&E]1+X,F19RN]743`UJ?UHQ'HM"0/H;^1\/!SV:>G8/1V[?F MS3R:QY3-/.;<8:-`NT,:3^R7/^MBJ&P1P.X'Z22%]N!HS>)U*5L#^YR0&WA( M<-$W\'03`QMXM&:_E=;0`0=/>[K?[A]"MT'V'Y/V=!MSAXV8ZFEO[\!149$@ MPKE^3925+4;H7<3+I.#>;IT93_4SPA!E3S<%"X<]W9W$T)YNG5FH/=VUK[A[ MNDDQ]_0-D/UW!\`G7S6/2=\`,>8.&\5N^+8VK7TT@J%LH41_M&*9%/R8B,XL MT*B]\15U3S&";MN8Q=09OW::M,8HU MD#VI"%)EFHO3M+BOJ%3EG.0OD>;T\-96(S*X621B1[?6+-+XR0Q,K%D^&AVW M63YBL[?6+.`L/^YF;UK,_8UCI9Y_R:TJD;`^C,A MMYWEW:0V)2#2SO+-;57IZ+BI!O;-YWJS@$J-_7Q%:&T`'_,0Y[WG'%RA(*`< MN.?@?CJ<6,;!^3"?>34T`PSS*I]SJ0'$@,[%TMA%/2-MRQU_VAV?4VC%BY]> M&W#&GH5K0T_D6_-'']3'YQ1HFS&-99&ZV&@\\:0-[>T>ZG>CF1Z3M"%C[K!1 MJ!EN[8ESKYLQALH6`;2.L$P*ZCPZLUB3S+/+LZ/8]_)1,'%0=SJ)(75'9Q9I MGC@')8KN0T+#D^[S[N`MI/OT'Y-T'V/NL%'L*FE1>9`UU_L,5@.&LH42K1DL MDX*:CLXLE&90^XJ[NX,2<0>=II,8TFET9K^M]M$!C1`*3O5K,NB(6GTZ365R MWW9!`*M?=[6()1Z1O`?4#K2SNOIMO)TFG;]9G&L$>-D+31\Y*@Y5F@A3)KQ\ M%MH_EPP2L\+PJ6V_NLHS5-D+5"JT'AC:/_.*2#.@^X;WE?T6:HPOC?/`\/%$ MTV.:QFG*'3:*-M7/JC^\Q+O+0!?N=;''``A&>#NP?'#1;!9,=#Z(]\%%>L1= MQ,X#RP<7S6:Q)O/K=2".ZDF!Q9/J>;CW;@=0/?N/2:JG,7?8:&.:0IO\&:_I M-,*C;,%%:W++I*`.JC/[1JIQ&*F4`HJ#5-I)#$FE.K-0\G3M*^Z6-E+,@PBB M#?5NOZJ']*%\.:]&K]O#KO"J?_DBLWH<3-5(N8LR0#:-%+7-*1"[N-HVD?,W M%,TK^KN[K_.ZFZ&XLM<%<%8`F-Q_3#U,K<\=-@IX M)'3$OV%6$\/^,5!ME'$';T<(A5AG%DGF^"%77\M/,0]"H]%P.P@]`CLFLUDL MW7`)2)Q&W0$7;X>E]_6W-9H>$P]+&W*'C<*=W-RWWWKG7=K2Q+!W6E,?9=3Y MV'WXID>SV6^M\:.CX71>>1^^Z]%L%K_QLZR6Q&XE'0`,H12W82"==C8F<5=> M;:6@)^2:JB>WEBQU`= MJ9\A6N\!DG(?*/=/$-L!<@;EQ1=#_"D9[V`EXYU3]V/)'3:*-:SY1S)YDI%N M@5L/F8!):5W<;?#42+N)FB\`UM>LUFD.=:"^[%T##P< M_BY]`[[PHWE,O?3-^H4?C=&FHA]@3M8+;_]"*L>/_W22VJYH<[H0P4U(.K!? M.Q'ZVC5TQ-VN74-\OT=K%KV_MZ@8V'%!Z!O<\/"%$#&:*"S7Y;!"!IC,7&;(!]ZAYILM0P42? M*5HTL23GDDF[1-FT"]%\`^Y)_]C?WM;?T6-Z3-(_C+G#1DSCH?-<964JFB"JVRA0<_`ETE!U4-G%DKUJ'W%53TH$7=0/3J)(=5#9\8S[UUG?!2M M@P2"'ZUCM+W[%CCRIWE,T3K,N<-&FX6Y[PF;+JC*%A+L;+N3%%(XM&:1>I>M M(7U/2&&$!!1=&.DF!H01K5D@,:KQ%?7P'BWF7M2,.>-FH\JK3/[]*1OG<@RK M&91D!#7#H31NB0/-/1;U=S[WJ`HA9J6(LT^#!)1R#2=R>HG)$M`C:,G#"E8] MI.L6^]O>M!&6*F0M`I6I68N@)0\L7H5F2XP='('IXNN"HW?O]-^2-CVF77!D MRATV8AIK_C!1=\E$'#WFZ?W3I.*7%!]S51%*YD64ZXWZP5Z_U<4`!V*6O4P* M7V^D,>.9<=G0B'/_$0$2E_N/EHG!^X\T9J'DIMI7W$_YD6+NZW*CPW?[P*Z. M_F/:Y4:FW&&C4)L*:D_\IU,T,5R_>,409<0V@F52^`8BC=F&=#9;/KNFL+<6 M$8!TN;5HF1B\M4AC]DUT5(&N-:*`XD49.;K_FM[(>A3>B<0B$!?3U"B.$%,2 M]!&W,CFG#SPK.CKYZ4*TQ3&P[>+R(O`$R?.DB`J]&H`. M&&D3087A8!!9B\'F:Y9CR#D$4FCKI0!=^]!]3)17[A1]]HX"22H0+/S0Q[$_Z7"_\6":U22I. M%WZ$K6Q:-<6]5@834M#PN0DIF!M"=&8;.T8(K:'@\?"LH;1!Z`Y%X0TFQ)1. M&@JE3,[I^>;"/9X%GP8'F_K@,#=,?0B$(4Q\P5Q1X@DR!X:);Y\IU9R7=#0B MK/(1#OX!R@><+T;Y0.;`J+J&:S)B[$AA(9`_Z00Z8=-_3)5.["=L^D:LPZ)+ M62:30OP^F7[^D[A,L_K(5C0=Q7+TP`0';DZ/.7&C,PNHHT0^<4.)N)N.@CEQ MHS/CG=I9ZT!D404/DC]117\UDNDQ552!+EXR&?WFFD5CL/O31?KU2^M);>H+ MP_5+2U]Q[R*A1-Q-,(&O7S*;;5BSJ)6_-K0Q=8#6L_;2!N8H&[=!6<3D[/D' M-1E7?[]))U7[1=!D!N7HI-7X>`?O^?)I.S"WJ]E:7=K9X[;$W[#Z,XQ=AEF= M!\H2Q`(G;R@5:6#.#.K2C*M5432M\(RI]<,Y3S=+>]H<\@W0JMS\832L@3DS M:ELQF\RXZM<&4=B/6O9V;W\7^$R]YC%%+3/G#AL%DF<:3^Q?%M+%4-DB@!5D M.DDA$4QK%G[F$.<&^-YC%%)3/G#AMM/@]\3^IU@5:V,&'5FDY22"'3FFU0 MF[GUC;2R=$#I`EPW,2#`:U57C+B=EL$_O]T&NA>"@\KX76 M[]^^/NX$/V#OM(YI]T],Q:BH=[GS#9_,AR`UB-]6%A#69C1YH1;^P'0,RWHK MZ.//2(==K?.#Y8"5-EUNF'4T,!W?OH(@53KJXI_^/L&C_Z"S';6@]N?[:E#3]NVKN-DQIZ9JSCO=G*-GK$%TR#0$/A MID%L@VVOV2R@[K,=_9I!?,S]B0WZ^U!-CZEB`W3;JLDHH-A@OTDRQ.3)>'LD M'&7<+!:^1-5L]IMJU>A0N$D*\.6I9K-(/?S6D/X_M.2`A\JSY-"2E2(Z@"F< M9`=,&'D2(L*1D%QD#DB+L;UR,[/.VF/=C9T=\M97I,VDUKS!TV"K6;MO;$ MOYM6$T-EBP!ZL^8R*;B;5F?&=([O^JDHTD2<))\_RW'LK;,4+!RVSG820UMG M=68\&%'VR9)0\+1/]@#<^Z!Y3-HG:\P=-HI5!;<&U5#?,S)=\)4M=.B- ME@>H31-:LU`;+0\P6U.";FZE1-QA<^L!:@>$UNRWT0XZH.!%B6C?^_:K>D@? MRI?S](O<7GXW_+H=69^J#ZJ\;H?5IXM1];G*SZLQ]=EL1'V5W];CZ;+*J0IX M_?^/LHI[5AHE#6[7!&TD4E3B%2#@/*Y6;6:U:_X^HGFAV<'>]K^S=Q*G2E1O M)6:O)9;O):H7$_6;B?FKB:M0Z@-7L0")B[\(8;6R M637:V7NS]ZU_3_2W467(DAU;P+$+1"/F82\2*'X$S]'V[MN16?#4/*8(GN;< M8:/-K)"^A1U=<)4M-%AQK9,4$C2U9H$$S<975$&3%'&ZH-E-#`B:6K/(S=[6 M!C>.#M`-;AQ/U=?_K;)J$#H+QRP:[5+[/"3F>R-=DR,;UX&E&Y:)_]:A*HEH MBM)GWVR;QX*$N&O_/)+/&4DU-,Z(5H>:M:$G<,\F7*M%YL0`S6L+O_''=[?$ M3R]2MT;.7-_MN6<3;"08B5_,76<$>GF28P[>[>EG#J;')#G&F#ML%$J.J3WQ MRS&:&"I;!-`*P#(I*,?HS(+/_MY775$FCBI&I_>).%81=1@*!@XZ3"8.&VU8%?0^F=1$5=EB@E8!EDE! MY45G%DIYJ7W%55XH$7=07CJ)(>5%9Q:KH=O:Q';0`2Q?1PP.=_5?6C(]IATQ M,.4.&P4[8E!YBG#$H!_#]0W5ABAC-K4ODL)'##1F/)LY%_.\GU3^2S5)NY>Q M1GTD(%S.%RP3@^<+-&:!CVZ=79Y=_W#QX0?QT]7U?YU?79^<11[RT:#P,^2K M_G2H_WJ`Z3%ER&?.'38*-/1H/+'?>:"+H;)%`#O8Z"2%!GA:LRCU:VMPW0LR M)B2!1!\3=A,#8T*MV0;W2$%&?#0HC,W@K.COJV?5[]5OU0]W22&K7_X?4$L# M!!0````(`+A"`4>T'O3<$+0"`(>@.@`4`!P`:7-I+3(P,34P-C(R7W!R92YX M;6Q55`D``]RYO%7>\SSQ\8J/_^[_$#:_9_3`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`\W2]LW&3J'AS=+V3W8)#G-WA?KH_``E[EK=78G:.:Z^SO?]<)`_A M@KW]>G=9SS,'#Y_:@=K]?`^3C%T@P9KQ#<'+[O'M<GQW` MV\N\SZ9K](G?9J!P9GZ#O(-VC&Z?<[]A/^0?P;3WV1\J-;L'AC#_HS;U&V#6 M1V+"1V:N1WB:-^0,C];DCLJ\CNZ4;IC9'+6)'+$Y'-GIVZ`S-V*3MN'G:Q2G M:D/-TGAW[.O=Q75GO7"("1H$9?=SL_T/?/O^L69D>!SL"M4>YV%X9'P`"-+L M:R@NM@:UESF7OD/TZ98-%)R9%N([8R>8]CF_&N+CN3F2O<^J$&C8%9R]SJ5$ MIY]NKR^&F#RM];W[V=(>AK9!AUCSH3V.YSQ['&XF_2,-*=!&ZT]BKW, M6EH]H$]3E'WCS$OV^>QN!V*?,P^43XU%UWN?6^QCH%OWO_?9PT6R2)8/47@1 MOKRP0:)D&A3[F5'L;;A;=8TYR]C[R'<`:,\SC[U3L!T&Q-D(,@/;X-G;#*77 MUR!S%0`%WJQE_^^"C\+9]TP&\;.W$0B4V$@$R43%+S9 M$M([8R>8]CUOPOYX;HX$90:U9QIV!0=[+G61Q!EOG(H!I$R\UG@[(I,K/3:4 MV=:^J=DAH`'G8U@L[0TF[HP-BZY=(AMN3C<,6[M#B37KTR&@,`TT8QML7HCV M[MH/2.29(_Y480?0AIA;[IVHO>'#GGU>?;TZ)S+9K*&@S"UW//#M^Q]PYK@G M#G:%"G=>N"37:-#GGOMEYP= M`!IP+H;)S8?!HV[WGVGR1_Y,9%;7`H,RG]OYX#^"8,`YW-YXV!TNW'G;W@CY$)3AYFI(?'P` M%M;\K.Z2PLQ,`6:P.=G^WB$[0H4\#T/XL&Z#98BYU^ZIV!T@[/G6?X>+%2,R MW6JPH,RV=CWT#P`8<*ZU+Q9V!@MWIK4O.CZ"9+AY%@X;VZ/"FF7)'BE,LOI8 M!IMC[>W=L1M0R#.L_7]*MX`RQ/QJYT3L#,_>9U>?TR3.(Y8&!P=#3:JZ$/8S ME]K/0#?O%W/FM-\Q?Q3-GN=)^QW\%@`09T688]\8S-[F0.L=#3+UT4'`F_'L M^9G_$)9]SV^P/F;V"%!F,WL:]D=A['WN4E9>/W]*H]EJP6W9MS29KV8L':3\ MN06B_0\J(SL&M^=9$2HU'\>#.&<:D)F/8MO;C`KL=Y`)EB4B MO/D6[KMFE]#V/1L;Z/.\-2"4N1H.*3M&A323*W.YB$SB5&#V.7_;W^`_@@!_ MUK9_'G:'"V6NMG]"/@0%?8:&S<<'8.UY7M;OS:&\`[9$2J<.1CF MAW4;+(@SKSU2L3M`2/.MKQS=(OL:Q?P+2&36I8>TS[G7OHGX.`[\>1@6)[M& MAS(GPR)G!X#0YV?#J^DZ'G#&9H:$/6]#>^?L%!O.'`[_8[T](L3Y MW-YIV36L_9X&O4I3%L_>?V'S)S97;9<<8'9G!VH/)T0CDK$+)&BG1@_`R^[Q M[?,DZ0$(V@DDK-.E!^=G!_#V<^*T1=?X9T]O!`KI%.HAWD$[1K?7DZD'_9!_ M!-/^3ZO&I&;WP)#6]OZ3ST'X]'/P!;T.CGVNXNUER%MVCK]>M]?1[P02RLK< M7FG8%L6^YV5%QU^FG\Z__.?TR^77ZYNKV[N!YF!:*'M>7UMC?,!%-0T.[)6T M_;X-/@YH+W.G/3\&V_>/N!ZVG^_^3K`@S7SNH@6_/RG,?7I(=CC[:>ZUN^LO M_WUUN[>7OGV_>Y_SH(WYHVCV,=-!&_P6`/#F-ZACWQC,;N?C;($#,FD(=_>9H]K9NT^EID#4;+0:\]9I]/_L?`[/O MW":T3]L&$%!F-OL:^(=Q['4VTPF(74:OT9S%@TQJ("B[G]OL?^#;]X\UT\'C M8%>H]CCOP2/C`T"09D%#<;$UJ+W,B?0=HD^-;*#@S)`0WQD[P;3/^=(0'\_- MD>Q]]H1`PZ[@['4N]45\U\YY[]$L_)0,,XE28MC][&F/0]VB8ZSY$L*H/PQG MCS,DA.%O@P!I3H0^^LW1[&46I.@)??H#8L"9]V`\^Q\#L\^9#NJG;0,(>Y_; M['/@'\:!=M++;TGZ^V.2S@8_YF4=R(ZS=ZZ^7MW^Y_7-?_XVO?W_?9[>7ESA M).^HNQWB/)=]N'FWF)!.UM$D?]+`6-1#\DUKV M^E;8`:*]9?KL\V'X``#4\UCV\N7?#1@##V\/Z>)O&9O][2EY_3E-2QY4'9J' MI?E%/M(Q_Z\8\?BG@^"G25",6=U'A?:%#XF/+A2ONR^\A[6^V5O.XCF;R]X% M9+O[6/XWY#/#.(_R]^N8$[4LNI&$UN.,I!\A,$W_\2U-LA0>0RJ#&U';Y>;J.+TQG\J?X/WO^+B`FZ1/'=C#Y MN;+X^87?`W'^T^PY6M2WRF.:+!7$5'TE:HA)RJ>A_^??@H._'>R"PSF+2A+Y M/[HL\C_]0]Y=]_QG.P2N7QJ".KV/!7OK^`;B[1M7?PE_ON?\C:(CL&-#E\D. MT(K2,1*EY;OM@N-(P\4U?^>^_?_8>X=2C0T]2C5`*TH/D2@]YUZ="\]^7H1/ M'2H[U^A1V`%847>$3=TEGR.E4:&%=`RNF1`F<@UGQ>H&F?%YV1'?%H*`\6-V;U(C\`NPGHFB?QX7Z2L(`-XNM=-Z%&I MQED1>MKB\S]^[HKNO4KQ3?-<+Y+T)4DY^&YXJ9'I0;`NTT47/Y=]C*I.1G_6 MW?S%+:JN1K*O4=79J.YM)+H;B?Z^,R5O^PBTUC7DG\[?HDSS-&BMBW$(+BUOAS:W$BXRE5_8DRA.+[[`BANU=Y78C=G#M^-9@]TL M3'D;KE\:@C>-:YLI5^>6VT:8]M;F^1_^<2<^+Y/CDY/CKVSYP-(.,_W+0["C MZMB1+>);1C$GY M->Q?INJ"/M(=!Q1^Y.C_KH)EWI;>2J0!L!0E M*$1#:;80Z1NTH^>`#V*0A/7=L@EX*&92' M`\@\MO<&U(RZ+R#LTA.G&)Z0^BSKD,I)-4YHM)%8(*V`'3UF`;"2 M7)0;MHR?%XXU0>.P*_I9$(N>N>>\".,*5]L+O.3;$C]X[-DGAN M0Z_*DC#!*KB2XEV%D&UFO^K'OWN1'I%=A)([E!A(U?E-F`IY^6J2"BH[LHRJ MP$IR42:NG?63BU"5`*TSHD>K#JGD%"5PT5L(4;.J-Z/'JQZK9!9E.?A;DN:/ MR2)*[CG.Y)6EZA>JWHP>LWJL,NJ)\H'JP=`J6,#0`7;[[]D)YD?LGC MU=OL6?RK",$86(>;T&4>QETG!>&OI8.BHFM#EM\N4$DHICRK,'QZ_SL+-5,+ MT)(ZN1VXDF+,#Z`,AEB*.<"<.MF`M!NC2#N5[]5*!+2DSG,'KJ081>GI(WR; MWN"&IM2=8,(OO8*B$O70[!\"H)5+OM`\'`-D8-@J'\"<.O&`#AICSLHK.!>+ M)./?>3N^^\;4V>XCKM/$419.<[&3\^E=/4WL7:7'9@^BI`]GW;GJW?B=A`SI MD@I\`RC;>CSH@FD=!MB):_;?SRZXQH<@I\ MY24>:J+13&EZ[! MEA[;!L#U?B_,&QR^FQVX=;OWZ2'*NJ7LW7B30H9T285N3Y2E=PG$.$N`#.GR M"\P6#E&$@`1BF#'HS>ARJYTY'*+H!;OI@D-S!-/$X!`GQZ>#8I/9@;8!?;*A M%S&*K.@",KZ0;1K0YQUX01^AS,^Z@`PO:K,Y?"*MF[A1AS<]?7\"U:KI87J^5J47S!BXHY98+>])6ET\='EO*' M_%L:S;JD;]B6J",V'`7FQC$CM/RY5Q_'LHVKSBC1H^XPJS"UD%POBP.FIO&W M53I[#C.663XJF_X&;2]M.AK436L51IERO/EKS:XE;0_9C0%U0YP!F?Z-!K=P MTP_K;S.4W(7^LSN-;UD4O[(L9W-YYKVHG;=62\_@G`_\'&W/?6!@J-OVFJPY M/B`!HOE#-[P*61)U!H@9M4S6&A*(63>X1-X"V=I_`MZC@!U15@'$R)7#:AQZ M3EU@$7D77O6Z/Y_-DE6<5UX\SS*6=TNV@I9$>04QH^Z]ZR$QL>L.I\C[Z-8A MJN9F2@NB;"JQ[GH;G3_AQ9_PXD]X(7=C^A->_`DO6[*C-F6 M4W_""QVJ_0DO9#W@3WC9XHI>V=M(=#>J^QO)#D=_-EW^Y;/W-BE\J]< M_W12]0A_C-M36C&C9>EK-&/!^"$`_6C?C*Q?[8=@X>08M-ZPL"?K!`OLJ.F`-9[QAMSK M[>ESK\>.F@I8XYELR+W>GC[W>NRX9?:M&'>/9RUBFP_X$?4/^/GL7ZN((Q-B MN\ADX"+=Y$/+-F0]:HD?.8_00+I3#&_[N&RSRI@G>;C`>5CXS?);&(E\Z/26 M1&$&J?9X860_X/#&?)^;SQ'R>&*T\L?4C07:1&G:X MGAI6=3"J>O"Y8!NN+U>\:1+!=$;$WM$-HSW4; M*!%L'8M`4^<5GD%@?5\6X)F8W31QRTV1_B5O#^NG([*G;1;%!O53<&#T4W#@CI\$5AL_C0?WDX^@^0B:CZ"1NS%]!,U'T'P$ MS4?0?`3-1]`(4NTC:&0]X"-H/H+F(V@^@D8Y@G:3-&5W=Q%-.P*C:?\^NDE& M38<^N+;=,EW;:5:!-G4#8J]X&\C#!>#:>#8*QL$-AU]&A6XFV"V4`G9M7!;! M.Y6YRZZ08\`\:?]=A*K#9)460Q`)^KV8 M9*B08L:AU@#H0H(Z(_J4]J-[*,&E-H9K/L4L''O)WX0`L1T[\MQV\**&CMHX M@K.S;J"B?YD\FR5,U.A/I_MNR+E_V042@]T'<#8A<0R3.':#Q-;&,ISUA?7N MN['W_F472&R%TU&6!CK='\(D'KI!XF&W5#0NB=TP"2>N$'B"7)%Y$[WIS")IVZ0>+K[\L>;D'@&DWCF!HEG MK9@5-HF\1TBQE)?)DUC"E"2B*Q;>/:18RLLND-@HEC&Z8N'=0XJEO.P"B8UB M&:,K%C$DF$07%$L)4Y*(KEAX]Y!B*2^[0&*C6,;HBH5W#RF6\K(+)#:*98RN M6'CWD&(I+[M`8J-8QNB*A7/>08BDONT!BHUC&Z(J% M=P\IEO*R"R2>M7*^\$GL;0;I7W:`Q-;^CLD`BB6`%4O@AF()&L4R&4"Q!+!B M"=Q0+$&C6"8#*)8`5BR!&XHE:!3+9`#%$L"*)7!#L02-8ID,H%@"6+$$;BB6 MH%$LDP$42P`KEL`-Q1(TBF4R@&()8,42N*%8@D:Q3`90+`&L6`(W%$O0*);) M`(HE@!5+X(9B"1K%D^QWI?D>ZWY'N M=Z3['>E^1SK!3;I^1SH:U7Y'.ED/^!WI?D?ZWIGR.]+]CO1XHQWIW)7ADV)C M^BXJ-9]TMJ:7?:FWJ/LZS;9?U;;'2O8TF]5!2V)O=!`KZL;U/I#J-6?BMOLV M1"36XI[0D%R!1MUWW4>A+*<,V+G%\09'HVYUYB;JUU@WOEZ$6&_GH/>PB_YJ M+]2YZFS?4Q,$W%%C>PVCNED\U M)3]VM<[@XY(^+NGCDN1N3%U<$JM`_G<5E]R&-!^7I#,#^('BDCM;Z/Z:I'$4 M/V5YF$(K?=?QG+UER^(_U=+=97*3Y+?L<<$'<,GFJUD1[OB_[C_\?XL?_Y6++;93]7DX/ M+UD>1HM?XX+6CT3]3T<_C>3/\W^*'GXNNQB5?8S^K'OY:[/2]-];H-\OIOK% M5+^82N[&])L\_"8/OYCZXRVF^DT>?I/'][`HY3=Y4%D\\IL\_"8/"HL\Y%7BV86-"P/#%3M3!Y)A8FZS[42Y.BI]&? MLB^_/.F7)_WRI%^>I'5C^EQ/G^OIER=_O.7)G24U$$@A7',/`3PTUYD($.-* M$MN/NJP^["+O#[6L;I$)>$C],?'+]1_,]3RB[F$?!O!A`%T8@/R.C>\_#(!2 M,]^'`7;)X2\LG/.9MY;"^CKEQ?X:)&H=D^G#/[EWHU>FYK!_F1Z%?8RH-4KJ M[K^ET3),WW6!*,".,*=]L.ME1K#(O6,SKJ-MZ%59$B98!7?7)4%`BJNU!O7S MW[U(C\@N0LD=RB>HZOPF3--0.%-WA MJN*3SH@>K3JDDE.4>6<71+)8+>.;<-F-50-V])EM@97DHISA]#5\BY:KY<5J MN5H43TZQ="'.J7EB4Z[2IH]*"NT_L=/XED7Q*\MR M-K^,7J,YB^S!T2["@I0O\ M]I=A)TAJ+0Z?BNUA8C48^%CIS.B1J\=JD1`W(9_SV):$(N./I:_1C`7CAP#T MH'TS>AZUQV[C8?(YC^WA3M.[:!DMPO0FB3?RL:DA;2^;T$M?HFC,BV3YDL1\ M3$$QO:CW&^C<8&%/CWT+T))T%.U9XQEO2+K>GC#I>M"2=!3U6N.9;$BZWIXP MZ7K0DG04/6M'M4,$:Z%:;3FA_G4^G_UK%7%DGU?Q7'R6^(3$Z#S+-O1<:0E< M.@]%;QO9=H/:;1^0,?4'A-\GOX61B%6EMRQ:/HB=F$*-:?UETX">_VQ02Y^A M2/D;EAL?#8T-/78U0"6A*'%/LX?%H833QWN6+J,X5*SY;?4+])RQU3"DJU#B MI]^2-'],%E%RSX>0<%CJ#&V]&3W2]5@ELRCBMP=#E[8-&3K`;C]Q^Q!%Y_:` MW/8/==78.,#J;?O4UD,4#5M]-CXG21XG.1"%D?ZL'(%XGPI\)E8-S9W MP!?&,4@/H:C*"IY\&._3<%XN!UTDRV6492(Q5>T50Q.RGC#@ENQC[C?-;EG% MTJWT\2:)4S9;I6)K M@S8';:.6='UA!5^Z!$6.KL46;M@?XO'\%!;[@:ZR/%IRO0%&3K1-Z#G!#K=D M'T6L`N$`@Q,V:DG/%QO!ER[!E+O9VMWR2\CA\4%P)%$#)IO_#CUW?6`PTGFHH)!139E<8/KW_G86:"`EH29W<#EQ),:Y.+I#8%KD!S*F3#92\.<;4QFN^ M5V^]`"VI\]R!*RG&%,`5$H'C(`"YE2;4294X+1)NCK8.K;@F8_*0-:N>0+]63M9`#5W$9E,7%3F;M$ MO,0L&1]`5O?@P-,PE;ESC$\:QH=0V5TX\*1*9>XX: MXP*S9'P`T6V;QPB84V<S?J' MDS%=GG6(ZY.5L,ZDT9]&0_@5L`9/4H:B\43/QD=?9T232."1/T51<0*$<9:E M,Z+)*3"C.D71:0*$81ZE-J')IW;.=(I3@)=#^))D[&L2LW<%C:UK-/EK`93$ MH9UZ=I/$<[%W-8L>(S:_XXRLNDD]>C.:=*JQ2F91)).`47BT/,%9)`HI2.U9 MT.2S!U-2B7:\X4V27\?BL-?Y)7OA[QK^J^_\#WF4KU1EMFU:T*3:"%M2CZ*F MBG>[,CJQ=H4FE=THPRF*0"IZUI7A[%XD2ER_V.89FN!1,$:5IX8=%&WS*4S% M7MO\/)ZW#L$N3E)5JT2;!O28M4$M>4?1/RT41FEIL*7'M@&P)!I%%+6P7,?% MOP0]UXO%*BN69;+_#M,H?(@64?X^?2S'U#OH?+O?(.V8308B'8:BNUH8IW&1 M1S--O[`,\$G'C#3M':R269QZ/0V,\_D\*G.2RAGX=3QG;WJ&->:DF=9@EHSC MU/%IP7D-HT7U:'U[YMH'8+MO2IOI/E[),DXU'S64W]C#792+^R`%7Q]0&V=X M[P*7#D!1="U,W\(LOTR*74[\@8OXK[//*SX6X'8'FI"F'\`MV4<1AW)N"\_7 M'9B<]T[(/D`1B+)[XSP<,J3+*G1*]@&JQJP>EFHK:G$0WY4H\C+\SA>A8L2KWJM36E!CU@ES)I+%`6Y!D&W"*L]S^&*1P[0.&X12&*LNKTW]W=3I_Q"F\-`! M"@\;"@,4A=3IO[OAHW^9/(5'+0I1-%"G_V.8PF,'*#QN48BN:7C_)S"%)PY0 M>-*B$%W*\/Y/80I/':#PM$4ANG#A_9_!%)XY0.%9BT)T=<('!*F3\C)M"DN, M-87HZH3W#ZF3\C)Y"EOJ)$!7)[Q_2)V4E\E3V%(G`;HZ$0."*22O3DJ,-87H MZH3W#ZF3\C)Y"EOJ9(RN3GB/D#HI+Y.GL*5.QNCJA//^0.BDODZ>PI4[&Z.J$]P^ID_(R>0I;ZF2,KDYX_Y`Z*2^3I["E3L8#J)-> MK8W^9>H4MFII!.,!U$D`JY/``742M-3)>`!U$L#J)'!`G00M=3(>0)T$L#H) M'%`G@5U=SF"\34%!W..\U\<%JY[``=4C,-JX9D+_I/7U<<%J*G!`304M-349 M0$T%L)H*'%!304M-30904P&LI@('U%304E.3`=14`*NIP`$U%;34U&0`-17` M:BIP0$T%+34U&4!-C6$U-79`38U;:FJ"HJ9D;K&Q7`YD2(]6"&U-,(K6DD@, MM7/T9G3)U=;0"28H&DSBN&5AEL1W3&3%L_G%(LRRR^B1SX'YZ#[S\5POEVP> MA3E;O']+V8R)?2#?&)]!=PN<[.('Z;KK(Z.J'8NZZ:@<4_8Y20NT-TD^+?#. MK^-O:9*]\('T*O]LV):RNZP&(#USB!(.$]N+[Q.1=5["JV3CF@%K4H6O"7Z.F99?E_K3@6EB[> M]6\&T)(>P2#B?*VS6A1[X=[II^[`J+ MQ0WQ*P=2358_,PXD7-SVIRVVC>BYP!9Y[03LJHD%JJ((S8*]AG%^G_#;XK)* M.#&X0=^,OB/TV&M78)=9+'!-8U8L#T\?SQ_YQ(LCNWM._NC.*JU;T7>$%GKM M!^SBBP4L_I)&Y3@R>`=O1]`8"OO8&B:WM/ZP95C[4-Z/,/55\[ MPB[.6""JX^UEL%%=$EB&M+8+TN)T2=_Y^QEW??L,HM>-62@V#1QRG>*Y/1Y$ MT!NR4\SF]$G79ZL.UUI:78YP=GVH@_=VS>CMGV&WOISW&V0S:!W(7%2JBJC%K9KEK M[P3;7=!6;Z)3!]]$8`5DH[D3OM340SY&$;&MLR;OV"OC&-[_'K'%7#V[-UK3 M(]P(6?)]@J)=M7!TDWV;!@ZQKICVGZ`H6!TBU8E#!EMWZ%X_56V<(%T%O/8`BL2]?X[2_!W^2FIL MZ#&L`5HSBA(4[H#0?0?U9N1Y57WS4+3G.@[5ETYI09W0[E<-16FN0P!II,]@ MBSR42&O=N_%K!5H2IA7\,NU*RN.([IXYYNQOLV19KB%=)K/5DO]>`_ANM5R&Z?NO<4$GFU=-KI8L M?8KBIW+25^0.%H_2IR2>7]U_KH<7Y:++`_Z_<3#Z:21_G_]3=/%SV<>HZF3T M9]W-7]RBZFHD^QI5G8U$;Z.BNY'H;R0ZQ+K#BABO]A:KKN[__2&);.5@R#^= MOT7=3&&C]1`/A893\408\=:/",[;6G9^F2S#J*LANA>'X-+R=FAS*^$B4_F% M/86+\I.AN%%[5XG=F#U\%7N[6E*PFS8H;\/U2T/PIG%M,T?HW'+;:-8H*W@Y M.C@>CPM6^!_^<2>^+Y/CDY.3KVSYT,N%[5\>@AV5ZP0U?71K3R3A&%`K\^DK M"[-5RA1/M,Z(V(.M@UGY`F4UMH]!^:#KS0;A%+P)U-1VW@,X65M5XCC+IO&E M4"K1PTK0DRE?&49KFE0;8>_X<[4=X^?QO-C@N!GSW5:.>:`+O_($SKZJ^KU7 M**HB4UOUJM::47M9:X%^@%7ES.*"?YL#4;-_HKQ9^Y>'94KM7D%9'VE%U0GU M648S)N77L'^9J@OZ2"L7H`08]$M0%9$J`V+/O0KB![3$=K?B<[+@/8H-RP4^ MW58&@RV]54@#X*80!%K!W<^K>#Y]86+K6?S4[`X'2-^@'3T';`"^281"<$8% MXNHM7+XLV&]1_GS+YFQ91*!!;VS2D)X[-D$OA0S*P[$.[";9RAM0,^J^@+!+ M3Z`67`)YUQG18UF'5$ZJ!RG$8;M5D#2S`%A)+LJKO%7FQI9GNR;T*+?#+=E' M"5,W@-7UPA37Z?&J`%F1B/+*G3[\DVN#Z%538TCY853+%_LF]8[,DGMO0J[(D3+`*;GW8-.+L5_WX=R_2([*+L#EE M&H\[8]4:P(XLHU"-&I2):V?]1)UOKC.B1ZL.:7,.!,;[M+L0HF95;T:/5SW6 MIC(+ALQ*TOPQ643)/<>9O+)44\)6:T:/63U6&?7$J:#:A:%5L("A`^SVW[,X MIRI6SXVQA!-@1X]=`*Q\+:#(*_E2DF4GQ7K0DY%CP)PLU0!FR3B*'I-P;D75 MX>GCU=NLJ#]C;>CSH@FD=!MB):_;?SRZXQH<@I\Y2T#6K)._;A%IN<1^/&N]<`N-[O MA7I&,W@W.W#K=N_30Y1U2]F[\2:%#.F2"MV>*$OO$HAQE@`9TN47F"T56.W,X'.2PP>_^.&6<8^[]:76]VWG8P^I^V-/&ACD]_$<^;&SM MM'"DXH%WLV7]8Z@MV[CJC'SM M#&J<4VE*3"TDU\N7)&/S:?QMEPXQEEH_*IK]!VTN;C@9UUUJ%4>8<;_Y: MLVM)VT-V8T#=$6=`IG^CP2W<],/ZVPSGE)S>LSN-;UD4O[(L9_/+Z#6:M%=,S..<#/T?;AE>][L]GLV05YY47S[.,Y=V: MK:`E45Y!S*B;[WI(3.RZPRGR1KIUB*JYF=*"*)M*K+O>1^>/>/%'O/@C7LC= MF/Z(%W_$RY;LJ%SGCWBA\F#[(UZVY=0?\4*':G_$"UD/^"->=OBR]D>\J)GR M1[RX?L0+=*Q$&L99$2K?/D=OLIZC5_8V$MV-ZOY&LL/1GTV7?_GTO8U* M7VH2^``[8J]T`"EF$E^_`*LBKC'>?%*&V<"&^N5&21OD[%T"=7#W"7^/VG%9,:5GZ&LU8,'X(0#_: M-R/K5_LA6/BY2@=TQ-'3]"Y:1HLPO4GBC5QM:NB$LTV#0,T5O$B6+TG,AQ84 M@2GOZW.NQH^8"UG@F&W*OMZ?/O1X[;J%] M*\;=XUF+V.8#?D3]`WX^^]&51V,JAY\,MBF"\P5<9I,,)T1L1>V M#B9F#ICRW#-=&IC)>!`!"=X0VJ/=!LH$6\1#:#Z$YD-HY&Y,'T+S(30?0O,A-!]"\R$T@E3[$!I9#_@0F@^A^1": M#Z%1#J'=)$WAW5V$TX[`<-J_CVZ24=.ACZYMN4[7]II5I$W=@-@[W@;RACE$;,>./+<=O*BQHS:.X.RL&ZGH7R;/9@D3-?S3Z;X;<^Y?=H'$ M8/<1G$U(',,DCMT@L;6U#&>!8;W[;O"]?]D%$EOQ=)2U@4[WAS")AVZ0>-BM M%HU+8C<)H7_9!1);>04HY9H[W1_#)!Z[0>)QMQ`S+HDG,(DG;I!X@EP4N=/] M*4SBJ1LDGNZ^`O(F))[!))ZY0>)9*VB%32+O$5(LY67R))8P)8GHBH5W#RF6 M\K(+)#:*98RN6'CWD&(I+[M`8J-8QNB*10P))M$%Q5+"E"2B*Q;>/:18RLLN MD-@HEC&Z8N'=0XJEO.P"B8UB&:,K%MX]I%C*RRZ0V"B6,;IBX=U#BJ6\[`*) MC6(9HRL6WCVD6,K++I#8*)8QNF+AW4.*I;SL`HEGK:0O?!)[NT'ZEQT@L;7! M8S*`8@E@Q1*XH5B"1K%,!E`L`:Q8`C<42]`HELD`BB6`%4O@AF()&L4R&4"Q M!+!B"=Q0+$&C6"8#*)8`5BR!&XHE:!3+9`#%$L"*)7!#L02-8ID,H%@"6+$$ M;BB6H%$LDP$42P`KEL`-Q1(TBF4R@&()8,42N*%8@D:Q'`Z@6,:P8AF[H5C& MC6(YQ-XD[;>D^RWI?DNZWY+NMZ3[+>E^2[K?DDYPEZ[?DHY&M=^23M8#?DNZ MWY*^=Z;\EG2_)3W>:$LZ=V7XI-B9OHM:S2>=O>EE7^H]ZKY2L_5GM>VRDC[- M;G70DM@K'<2*NG.]#Z1ZSYFX[;X.$8FUN"@43=>]U$H"RH#=FYQO,'I MJ%L=NXGZ.=:-KQRSOH[3OIBS?15S;U643S&QW M[=UBO8O>Y@TU!N7'A)PJ0]X^H"G#WB2NS%U`4^LTOO? M5QW/VIKR9M_D!FK&A;4:R M5F?0J4?CQXA=XZQ)^MAU:J5DCJD_)CXF#L&W\##Y<.4/%VO?)I?D!XVUDU\Z M^_YC[8?XL7:Y_G`;9;^72W27+`^CQ:]Q0>M'(NRGHY]&\N?Y/T4//Y==C,H^ M1G_6O?RU81WX[RVH[A<8_0*C7V`D=V/Z'15^1X5?8/SQ%AC]C@J_H^)[6)7R M.RJHK![Y'15^1P6%51[R2Y3?_RH/2GF?9CU'DW^O,B#VW*L@8D:VNFMB!)W9@^`=(G0/KUR1]O?7)G M:0T^`;*F_`,)D.0SNW[4I>9A%SY_J*5FB_0X"CNY_!+V/A,@CZA[V"^-^Z5Q MW=(X^6T,W__2.$K1=K\TODL.?V'AG$^5M136URDO@-<@4>MH3!_^R;T;O3(U MA_W+]"CL8T2MD5%W_RV-EF'ZK@O.`':$.>V#72]S@47N'9MQX6M#K\J2,,$J MN.ME)_9,\=7;"XLSS?/?O4B/R"Y"R1W*)ZCJ_"9,TU`X4W=S`G9D&56!E>2B MI`\4,[3G9,&[_,Q8=A&J*@[IC.C1JD,J.469=W9!)(O5,KX)E]WP+6!'G]D6 M6$DNRB%"7\.W:+E:7JR6JT7QY!1+%^*@E"%FM0VW^(K-K2=8Y=O"E2U!TI@&9_A4&MW#.!>NO M+Q05VG]BI_$MB^)7EN5L?AF]1G,6ST6P8BUX8?#+!WZ.K-,^,";I4131>\OF M;%E,P/F,48!H_M!=180LZ?D!A"LIQEF>;2.!2"5/8T,N-S@/B)F>Y, MP(X>H0!822Z*`&[AT--)G,"&,DQ9>SZ;):LXKQQXGF4L[X:L04MZE()P)<68 M`K5!8B+6"3I;*5#X:UNJB9?2@AZ12IB22IRHX`L3:[_Q4[46K%E\U9O1(U6/ M53*+$RWLP=`MP8*6+O#;7X:=(*FU.'PJMDR)U6#@8Z4SHT>N'JM%0MR$?,YC M6Q**C#^6OD8S%HP?`M"#]LWH>=0>NXV'R><\MH<[3>^B9;0(TYLDWLC'IH:T MO6Q"+WV)HC$ODN5+$O,Q!<7T0KZSM6ZPL*?'O@5H23J*]JSQC#M:/:(8*U4*VVG%#_.I_/_K6*.++/JW@N M/DM\0F)TGF4;>JZT!"Z=AZ*WC6R[0>VV#\B8^@/"[Y/?PDC$JM);%BT?5FE6 MJ#&MOVP:T/.?#6KI,Q0I?\-RXZ.AL:''K@:H)!0E[FGVL#@4;_IXS])E%(>* M-;^M?H&>,[8:AG052OST6Y+FC\DB2N[Y$!(.2YVAK3>C1[H>JV061?SV8.C2 MMB%#!]CM)VX?HNC<'I#;_J&B&AL'6"V!2D)1-&SUV?B<)'F`.5FJ`1BW M9!]3:WY*6?C[2Q+%N:A"*"+V&LVI-"3+M!*MY!L*`6[*/N=\TNV452Y^2_/EKF.5<>!4KWHY=$[+L&W!+]C%WK&;\OXNP MU+73QYLD3MELE8JM#=H<$.]R2?12Q"H0##$[8J"4]7VP$7[H$4^YF:W?++R&'QP?!D41Q MF+[76!F+K^/98M6J[MT-FFS^._3<]8'!2.>ARNE;/M/C]\[\/KEECPLVRR_X M:Y;IIKN`.5U7Z#'7-3DQ&;])\HN$`UA4F`11ERMVGW2?=(T+-FA/UR<;#$(Z M"5-U7[V%RY<%7&RE:T.6["Y022BFS*XP?'K_.PLU$1+0DCJY';B28ER=7""Q M+7(#F%,G&RAY)>(E9,CZ`K.[!@:=A*G/G&)\TC`^ALKMPX$F5RMPY MQH\:Q@=0V5TXABF2RMPUQ@5FR?@`HMLVCQ$PI\XXD-5X@E1$J@WG8I%D4?QD MQW??F#K;?<22:YRBRAQ>SI[>UL7VSQ# M$SP*QJCRU+"#HFT^A:G8:YN?Q_/6(=C%2:IJE6C3@!ZS-J@E[RCZIX7"*"T- MMO38-@"61*.(HA:6Z[CXEZ#G>K%89<6R3/;?81J%#]$BRM^GC^68>@>=;_<; MI!VSR4"DPU!T5POC-"[R:*;I%Y8!/NF8D::]@U4RBU.OIX%Q/I]'94Y2.0._ MCN?L3<^PQIPTTQK,DG&<.CXM.*]AM*@>K6_/7/L`;/=-:3/=QRM9QJGFHX;R M&WNXBW)Q'Z3@ZP-JXPSO7>#2`2B*KH7I6YCEETFQRXD_K<%'B5:^U*2WH$:N$67.)HB#7(.@6 MX71&Q!E5'$1^@*+RVBBN^<>T\.QEOPHC8$>;V@[8FET4I=<&$O!9"$!J>9DV MER7&FD(4Z=;IOYO(W[],GL*@12%.X9KU_L.P` MA<__!*;PQ`$*3UH4HDL9WO\I3.&I`Q2>MBA$%RZ\_S.8PC,'*#QK M48BN3OB`('527J9-88FQIA!=G?#^(7527B9/84N=!.CJA/3528FQIA!=G?#^(7527B9/84N=C-'5">\14B?E9?(4MM3)&%V= M\/XA=5)>)D]A2YV,T=4)[Q]2)^5E\A2VU,D879WP_B%U4EXF3V%+G8S1U0GO M'U(GY67R%+;4R7@`==*KM=&_3)W"5BV-8#R`.@E@=1(XH$Z"ECH9#Z!.`EB= M!`ZHDZ"E3L8#J),`5B>!`^HDL*O+&8RW*2B(>YSW^KA@U1,XH'H$1AO73.B? MM+X^+EA-!0ZHJ:"EIB8#J*D`5E.!`VHJ:*FIR0!J*H#55."`F@I::FHR@)H* M8#45.*"F@I::F@R@I@)8304.J*F@I:8F`ZBI,:RFQ@ZHJ7%+34U0U)3,+3:6 MRX$,Z=$*H:T)1M%:$HFA=H[>C"ZYVAHZP01%@TD+]V\IFS&Q#^0;XS/H;H&37?P@77=]9%2U8U$W M'95CRCXG:8'V)LFG!=[Y=?PM3;(7/I!>Y9\-VU)VE]4`I&<.4<)A8GOQ?2*R MSDMXE6Q<\X#&AA[3&J`UHZC[E[I@%-L58%-Z_,)X:YI1-)\.BR7%+M';HA9% M"_X2/3VS+/^O%(AM%C'Y)_K![D4"&]$B&T-8$HXI1)2+@+0+8TZ/;`G3-.JI. M50+:A''GV&XQC2(<[:K,.51:SE1/+CA"D7U=&*(2@:G2@F4;^IQK@-<>0)&) M75"MLE/\\8N?6'Y5J&OB481CT?=-IGQH&$B]O^M,6V$3T7V"*OG8!=-;%` M512A6;#7,,[O$WY;7%8))P8WZ)O1=X0>>^T*[#*+!:YIS(KEX>GC^2.?>'%D M=\_)']U9I74K^H[00J_]@%U\L8#%7Y*+,"[IJG`5SVUJ\`30CKXO`/"U-U!T M;>]IW:#JL;8!??ZAZFM'V,49"T1UO+T,-JI+`LN0UG9!6IPNZ3M_/^.N;Y]! M]+HQ"\6F@4.N4SRWQX,(>D-VBMFA5(M!4585LW:%;45SS&R?[M@U%%:?1F3O#;B=`HXT0I:^.D'1Q%HX.A%AT\`AUA5RX@1%&>L0J4XR M,MBZ0_?Z64;!"8I$UH&Q)-DE?EO4HFAB!8[[\.WJ7ZOH-5SPD5GRK&KC!.DJ MX+4'4*3S_7.4YN_P5U)C0X]A#=":491@

$[CNH-R//J^J;AZ)IUW&HOG1* M"^J$=K]J*`IV'0)((WT&6^2A1'#KWHU?*]"2,*W@EVE78,JSKD"O65/D4`:YXK7J-J$'K%JG/6QZQC1RWK_JV))HWN1'H%=A,V)A`UW M__%S&^X7WK3\<_>O:Z-@;SF+YTT>7F\#_FP2CGT:R#_Y/TAS)+D>BSY'H M%.M.*V+(VENMNKK_]X@DLY7C(?]T_A9U,Y&-UD,\'!I.Q9-AQ%L_*CAO;=GY M9;(,HZZ6Z%X<@DO+VZ'-K82+3.47]A0NRD^'XD;M725V8_;P5>SM:FG!;OJ@ MO`W7+PW!F\:US5RA<\MMHUVCK.#EZ.!X/"Y8X7_XQUWQC9F<'AQ_95H*>3/G*,%K3I-H(>\>?J^T8/X_G MQ0;*S9COMG+,`UWXE2=P]FW5[[U"5169X*I7M=:,VLM:"_0#K"IG%A?\VQP< M'!X>JF<6_:J0!<%-H`JV@[^=5/)^^,+&U M+7YJ=I\#I&_0CIX#-@#?)$0A.*,"79K@D]RNUP2_91PM4-8'4],L5U>KPJ0%8DHMS!TX=_K2JK8/[EW;);$CQJL?:5'[!D%E)FC\FBRBYYSB35Y9J2N1JS>@Q MJ\Q;GU,;JN3&6B`+LZ+$+@)6O!11Y)5]*LJRE M6`]Z,G(,F).E&L`L&4?18Q+.K:AJ/'V\>IL5]8V+$(R!=;@)7>9AW'52$/Y: M.B@JNC9D^>T"E81BRK,*PZ=W4]&[^3D"%=4H%OX`1E9B)@ZN/UA&_+-7B2,I0,-=&S\7;4 M&=$D$KH-T?*WC5]^G1%-3H&O_`1E7B5`&+[M:A.:?.J_XZC9D.?QW.[\19L& M])BV02UYQSX\8Y/S;MQX]QH`U_N]4,^`!N]F!V[=[GUZB+)N*7LWWJ20(5U2 MH=L39>E=`C'.$B!#NOP"LX5#%"$@@1AF#'HSNMQJ9PZ'@QQF^-T?UWPXR-F$ M_C2\PT%.(?2GF0US.OF/?)C9VFGD2$4$[V;/;+Y:L$[JZ,B=#;-:6J",V M'`7F#C(CM+Q_W+5E&U>=D:^==8US2DV)J87D>OF29&P^C;^MTMESF+',\E'9 M]#=H>VG3T:#N7JLPRMSCS5]K=BUI>\AN#*@[XPS(]&\TN(6;?EA_F^&R-9&%/`>!>R(L@H@1BXA5N/0<^H"B\C; M\:K7_?ELEJSBO/+B>9:QO%N[%;0DRBN(&7437@^)B5UW.$7>4+<.434W4UH0 M95.)==?[Z?Q1+_ZH%W_4"[D;TQ_UXH]ZV9(=E>O\42]4'FQ_U,NVG/JC7NA0 M[8]Z(>L!?]3+#E_6_J@7-5/^J!?7CWI!SLJ#CI=(PS@K0N4?R]6;K.?JE3V. M1)>CNL^1['3T9]/M7SZ-;^-2F)I$/L".V*L=0(J9S-$^H M"XX.EM07AT],K$>)Y58@DJ$S(TNQ'O(JX]TG1<@M7(AO;Y2D4?[.A5`G9X_P M5[D]MQ536Y:^1C,6C!\"T(_VS; M&CKA;-,@4',&+Y+E2Q+SH05%`$J.0>L-"WNR3K#`CIH76.,9;\B]WIX^]WKL MJ#F!-9[)AMSK[>ESK\>.6WC?BG'W>-8BMOF`'U'_@)_/_K6*.#*AN(N4!J[4 M33ZT;$/6HY;XD1,*#:0[Q?"VC\LVRXUYDH<+G(>%WRR_A9%(C$YO6;1\6*59 M(>&T3K-I0-:)-N!MG'I*_1UXPW+CXZ>Q(>L\#=Y=ITCZ1#2?B.83TB^40TGXCF$]%\(AI!JGTB&ED/^$0TGXCF$]%\(AJM1+3UPT=VE7MVN)Y[ M5G4RJGKQR6;;+&!7Y&DRS71&Q%[<.IB8.6;*<]9T:68FXT&$)'A#:(^2&RC3 M;!V+0'(0@"1+$Q>HE5CWE%K&IY)87UG%N"9F-TT<!#:3Z4YD-I/I1&.91VDS0%?G<55CL"PVK_/KI)1DVG M/LKV@?6ZMO>L(F[J!L3>]3:0AXO$M?%L%)6#&PZ_G@K=3+!;*$7NVK@LHG@J M`>;B3`0TZ\!XZ0"R[`<`PQ-96YZQX0 M8]AUV04?(?,1,A\A(W=C^@B9CY#Y")F/D/D(F8^0$:3:1\C(>L!'R'R$S$?( M?(2,5H2LK$%^+\I*W;)\E<:9?3SL4YB*,W:;A9)67.Q86>J\Z&=4=33://XU M^A_9Y__^4)$P.>JB-TWP2V-#[,VM08D9XBKOQ?(FO`A5!]DJ+88@$O1[,=M0 M(<4,2*T!T,4&=4;T*>V'^5"B3&T,UWRN63CV,LPA8CMVY+GMX$6-(;5Q!&=G MW8A%_S)Y-DN8J&&@3O?=V'/_L@LD!KN/Y&Q"XA@F<>P&B:VM9C@+#>O==X/P M_TBQE)==(+%1+&-TQ<*[AQ1+>=D%$AO%,D97 M+&)(,(DN*)82IB017;'P[B'%4EYV@<1&L8S1%0OO'E(LY6472&P4RQA=L?#N M(<527G:!Q$:QC-$5"^\>4BSE91=(;!3+&%VQ\.XAQ5)>=H'$1K&,T14+[QY2 M+.5E%T@\:R5_X9/8VQ72O^P`B:V-'I,!%$L`*Y;`#<42-(IE,H!B"6#%$KBA M6()&L4P&4"P!K%@"-Q1+T"B6R0"*)8`52^"&8@D:Q3(90+$$L&()W%`L0:-8 M)@,HE@!6+($;BB5H%,MD`,42P(HE<$.Q!(UBF0R@6`)8L01N*):@42R3`11+ M`"N6P`W%$C2*Y7``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`BO)14DL*&9HS\F"=_F9L>PB5%4BTAG1HU6' M5'**,N_L@D@6JV5\$RZ[`5W`CCZS+;"27)1#AKZ&;]%RM;Q8+5>+XLDIEB[$ M02I/;,I5VO21JSK^DN+?U%F7\`W;TG/"A@.0CD$IM&C$EC_W%A,LVSCHB!)X M'8)$=$`+R?6R*',[C;^MTMESF+',\@G9]#?(.FC3@4B'HLO[Y05&C_B9W&MRR*7UF6L_EE]!K-63P7 MP8JUX(7!+Q_X.;).^\"8I$=11.\MF[-E,0'G,T8!HOE#=Q41LJ3G!Q"NI!AG M>;:-!"*5/(T-<2BZ]^J-SP'B)V:Z,P$[>H0"8"6Y*`*XA4-/)W$"&\HP9>WY M;):LXKQRX'F6L;P;L@8MZ5$*PI448PK4!HF)6"?H;*5`X:]MJ29>2@MZ1"IA M2BIQHH(O3*S]QD_56K!F\55O1H]4/5;)+$ZTL`=#MP0+6KK`;W\9=H*DUN+P MJ=A()5:#@8^5SHP>N7JL%@EQ$_(YCVU)*#+^6/H:S5@P?@A`#]HWH^=1>^PV M'B:?\]@>[C2]BY;1(DQODG@C'YL:TO:R";WT)8K&O$B6+TG,QQ04TPOYSM:Z MP<*>'OL6H"7I*-JSQC/>D'2]/6'2]:`EZ2CJM<8SV9!TO3UATO6@)>DH>M:. M:H<(UD*UVG)"_>M\/OO7*N+(/J_BN?@L\0F)T7F6;>BYTA*X=!Z*WC:R[0:U MVSX@8^H/"+]/?@LC$:M*;UFT?%BE6:'&M/ZR:4#/?S:HI<]0I/P-RXV/AL:& M'KL:H))0E+BGVL[8:AC252CQTV])FC\FBRBY MYT-(."QUAK;>C![I>JR2613QVX.A2]N&#!U@MY^X?8BBMXG)^*W(9Y@^MC(;C*S#3>@R#^.6[&-JS4\I"W]_2:(X%[4)1<1>HSF5 MAF295J*5_*)$>'M`OD:QR(NX+G(ABY-P6+D"<;X4^$RL&YL[X`OC&*2'4%1E M!4\^C/=I."^7@RZ2Y3+*,I&8JO:*H0E93QAP2_8Q]YMFMZQBZ5.2/W\-LYP+ MKV)%;M[+V[%K0I9]`V[)/N:.U8S_=Q&6NG;Z>)/$*9NM4K&U09N#ME%+NKZP M@B]=@B)'UV(+-^P/\7A^"HO]0%=9'BVYW@`C)]HF])Q@AUNRCR)6@7"`P0D; MM:3GBXW@2Y=@RMUL[6[Y)>3P^"`XDB@.T_<:*V/Q=3Q;K%IUO[M!D\U_AYZ[ M/C`8Z3Q4.7W+9WK\WIG?)[?L<<%F>5G`4C/=![H^V6`0TDF8JOOJ+5R^+.!B*UT;LF1W@4I",65V MA>'3^]]9J(F0@);4R>W`E13CZN0"B6V1&\"<.ME`R9MC3&V\YGOUU@O0DCK/ M';B28DP!7"$1.`X"D%MI0IU4B=,BX>9XFV+A.4NQTFT4`YN8?31QQ$<3.Q]M M-C\Y<\M%-TNR,WW3" M96A*W:+)(OB)SN^^\;4V>XCEESC%%7F\'+V]*Y>?NY= MI<=F#Z*D#R7<*WLWZAW(D"ZID)9!BI3:AR:=VSG2*4X"70_B29.QK$K-W!8VM:S3Y:P&4Q*&=>G:3Q'.Q M=S6+'B,VO^.,K+I)/7HSFG2JL4IF4223@%%XM#Q[620**4CM6=#DLP=34HEV MO.%-DE_'XK#7^25[X>\:_JOO_`]YE*]49;9M6M"DV@A;4H^BIHIWNS(ZL7:% M)I7=*,,IBD`J>M:5X>Q>)$I&'11M\RE,Q5[;_#R>MP[! M+DY25:M$FP;TF+5!+7E'T3\M%$9I:;"EQ[8!L"0:112UL%S'Q;\$/=>+Q2HK MEF6R_P[3*'R(%E'^/GTLQ]0[Z'R[WR#MF$T&(AV&HKM:&*=QD4CT-C//Y/"ISDLH9^'4\9V]ZAC7FI)G68):,X]3Q:<%Y#:-% M]6A]>^;:!V"[;TJ;Z3Y>R3).-1\UE-_8PUV4B_L@!5\?4!MG>.\"EPY`470M M3-_"++],BEU._(&+^*^SSRL^%N!V!YJ0IA_`+=E'$8=R;@O/UQV8G/=.R#Y` M$8BR>^,\'#*DRRIT2O8!JL:L'I9J*VIQ$-^7))QW7\UF<[IDZS'7E*/(R_,X M7H6+$J]ZK4UI08]8).4#A68M"='7"!P2ID_(R;0I+C#6%Z.J$]P^I MD_(R>0I;ZB1`5R>\?TB=E)?)4]A2)P&Z.A$#@BDDKTY*C#6%Z.J$]P^ID_(R M>0I;ZF2,KDYXCY`Z*2^3I["E3L;HZH3W#ZF3\C)Y"EOJ9(RN3GC_D#HI+Y.G ML*5.QNCJA//^0.BDODZ>PI4[&`ZB37JV-_F7J%+9J M:03C`=1)`*N3P`%U$K34R7@`=1+`ZB1P0)T(C!;%\(+Q-A4+<<^B7A\7K'H" M!U1/8%?O,QAO4ZAP2-?`:BIP0$T)C#:NF=`_P7U]7+!*"QQ0:4%+I4T&4&D! MK-("!U1:T%)IDP%46@"KM,`!E1:T5-ID`)46P"HM<$"E!2V5-AE`I06P2@L< M4&E!2Z5-!E!I8UBEC1U0:>.62IN@J#29LVPLPP,9TJ,50EL3C*+A)!)#31Z] M&5URM;5Y@@E*Y$GBN&5AEL1W3&3;L_G%(LRRR^B1SX'YZ#[S\5POEVP>A3E; MO']+V8R)_27?&)]!=PNG[.('Z;KK(Z.J'8NZF:D<4_8Y20NT-TD^+?#.K^-O M:9*]\('T*@IMV):RNZP&(#USB!)F$]N6[Q.1S5["JV3CF@%K4H6O"7Z.F99?E_K3@6EB[>]6\& MT)(>P2#]SJ&2 M=:8Z=<$1BNSKPA`5#DP5'"S;T.=<`[SV`(I,[()JE;/BCU_\Q+IK638-Z'.O M0ET3CR(B?5VS6A1[X=[II^[,J-Q0WQ M*P=2358_,PXD7-SVIRVVC>BYP!9Y[03L:HP%JJ*XS8*]AG%^G_#;XK)*.#&X M0=^,OB/TV&M78)=O+'!-8U8L#T\?SQ_YQ(LCNWM._NC.*JU;T7>$%GKM!^RB MC@4L_I)&Y3@R>`=O1]`8"OO8&B:WM/ZP;5E+4-Z/,/574[PB[Z M6""JX^UEL%%=:EB&M+8+TN)T2=_Y^QEW??L,HM>-62@V#1QRG>*Y/1Y$T!NR M4\SF]$G79ZL.U(TNO'3OJM?YN7[V=,UYK[_\]QMF\V@=R%Q7JI*J):V:Y:^\$VUW0 M5L\*_?VN_8&"%9N-YD[XLH/9RI7D]\>VSMR\8Z^,C^W][Q%;S-5JQ&A-SY%& MR-)7)RA:6PM')TYL&CC$ND*FG*`H;ATBURDX09'>.C"6)+O$ M;XM:%*VMP'$?OEW]:Q6]A@L^,DN>56V<(%T%O/8`BB2_?X[2_!W^2FILZ#&L M`5HSBA+$[H#0?0?U9N1Y57WS4.+2ZSA47SJE!75"NU\U%`6[#@&DD3Z#+?)0 M(L-U[\:O%6A)F%;PR[2K\.F<127)_!]=EOF?_G$5YUR!WK*G2""-<\5K5&U" MCU@USOJ8>(RH:+VO5K&DT;U(C\`NPN8$Q8:[__BY#?<+;UK^N?O7M5&PMYS% M\R:_KS>.Z.Z98\[^-DN6Y8+&93);+?GO-8#O5LMEF+[_&A=TLGG5Y#\7R0-_ M@-Y^O;L4J4/5US-]2<1)U)^2>'YU_[D>8Y2+?@_X_PZ#T4\CV0G_I^CGY[*C M4=73Z,^ZK[^X1=7?J.QPQ-Y&O,N1Z'-4=#JJ>QV);D>B7ZR[K8A/:V^WZNK^ MWR62SU;^B/S3^5O4S7(V6@_Q@&@X%4^'$6_]N."\N67GE\DRC+IZHGMQ""XM M;XW M]D02#DZTLK:^LC!;I4SQ1.N,B#W8.IB5+U!69OL8E`^ZWFP03L&;0$UMYSV` MDW%6);VS;!I?"M42/:P$/9GRE6&TIDFU$?:./U?;,7X>SXO-F9LQWVWEF`>Z M\"M/X.P)J]][A;`JLLQ5KVJM&;67M1;H!UA5SBPN^+5BF MU.X5E/615E2=4)]E-&-2?@W[EZFZH(^T<@%*L$&_'%41J3(@]MRK('Y`2VQW M*SXG"]ZCV&Q=X--MPS#8TEN1-`!NBEB@%0O^O(KGTQ=$3V6=4CEI'J0(B*VVQQ),PN`E>2BW+"M$CVV M/-LUH4>Y'6[)/DK(N@&LKG6FN$Z/5P7(BD24.WCZ\$^N#:)73;FX_F5Z#/8Q M8N9-U+U_2R,1>M<]]X`=84K[8%6)%?LG]X[-DGAN0Z_*DC#!*KCU`=R(LU_U MX]^]2(_(+L+FY&T\[HP5=P`[LHQ"]750)JZ=]1-U[KG.B!ZM.J3-&188[]/N M0HB:5;T9/5[U6)NJ,A@R*TGSQV01)?<<9_+*4DWY7:T9/6;U6&74$Z?Z:Q>& M5L$"A@ZPVW_/XIP(63TWQO)3@!T]=@&P\K6`(J_D2TF6S!3K04]&C@%SLE0# MF"7C*'I,PKD5%9.GCU=OLZ)VXH2EU)YCP2Z^@J$0]-/N'`&CEDB\T#\<`&1BVR@

)(RE`PUT;/Q=M09T202N@W1\K>- M7WZ=$4U.@:_\!&5>)4`8ONUJ$YI\ZK_CJ-F0Y_'<[FQ'FP;TF+9!+7G'/IAC MD[-TW'CW&@#7^[U0SY<&[V8';MWN?7J(LFXI>S?>I)`A75*AVQ-EZ5T",C.ZW&IG#H>#')3XW1\%?3C(N8?^I+W#04XX]">E M#7/R^8]\4-K:2>=(A03O9L]LOEJP3NKH!ZL'CD<_C>0OBW\V/SX2OS[Z"*O.[7Q\;::_B6[1< M+2]6R]6B^)P7Y7/*;+WI*TNGXI14<1IJ&LUZ)T1LUI:H(S88N,B.TO'^< MMF4;5YV1KYVEC7-:38FIA>1Z^9)D;#Z-OZW2V7.8LTWMVI_$MB^)7EN5L M?AF]1G,N2$0AO;7">@;G?.#G:'ON`P-#W#XF)77;'_Z%#MCWLAZP%_W,L. M7];^N!/>T'.S(..F$C#."M"Y1_,UYNLY^N578Y$GZ.ZTY'L=?1G MT^]?/I5OFY*8FF0^P([8ZQU`BIG0UR_,J4OI`RV'(-=X3Z@+CPZ6V!>'3TRL M28DE5R":H3,C2[$>\BKCW2=%V"U[).L,".FAM8XQEOR+W>GC[W>NRH>8$UGLF&W.OM MZ7.OQXY;@-^*DK]'7C#X^10WG^)&[L;T*6X^QL"GN/D4-Y_BYE/<:*6XK1]MLK.LML/UK+:JEU'5 MC4]CVW)IO.)/D\.F,R+V\M;!Q,Q>4Y[DIDM@,QD/(B;!&T)[6-U`.6SK6`22 M@P`D69JX0*W$NJ>D-3Z=Q/K2*L8U,;MIXI";)OO+.1O63T=F/QTYY*G#:3Z;CH81O/1I%$N.'P:\#0S02[ MA5*TL8W+(O*H,G?9%7(,F,==&=#`,465N?,.F"`?=66``T<+5>;.>^`(N?P$ M#,<0!U29N^X!,89=%Z'P43T?U?-1/7(WIH_J^:B>C^KYJ)Z/ZOFH'D&J_28Y MLA[PF^1\E,Q'R7R4C%:4K"S*?B_J^]RR?)7&V08QL4]A*HX=;E9*6K&Q8V7Q M]Z*C4=73:*L8V.A_9+?_^T-%P^2HB]XT`3"-#;&WMP8E9IBKO!W+^_`B5!WO MJ[08@DC0[\6,0X44,RBU!D`7']09T:>T'^I#B32U,5SS^6;AV$O^)@2([=B1 MY[:#%S6.U,81G)UUHQ;]R^39+&&BAH(ZW7?CS_W++I`8[#Z:LPF)8YC$L1LD MMK;(X2PVK'??#<3W+[M`8BNVCK).T.G^$";QT`T2#[OUNG%)["8D]"^[0&(K MQP"E8':G^V.8Q&,W2#SNEL+&)?$$)O'$#1)/NJ6G<4D\A4D\=8/$TVX]:%P2 MSV`2S]P@\:P5P,(FD?<(*9;R,GD22YB21'3%PKN'%$MYV042&\4R1E4BSE91=(;!3+&%VQ\.XAQ5)> M=H'$1K&,T14+[QY2+.5E%TAL%,L87;'P[B'%4EYV@<1&L8S1%0OO'E(LY647 M2&P4RQA=L?#N(<527G:!Q+-6`A@^B;V=(?W+#I#8VNPQ&4"Q!+!B"=Q0+$&C M6"8#*)8`5BR!&XHE:%5B&4"Q!+!B"=Q0+$&C6"8#*)8`5BR!&XHE:!3+9`#% M$L"*)7!#L02-8ID,H%@"6+$$;BB6H%$LDP$42P`KEL`-Q1(TBF4R@&()8,42 MN*%8@D:Q3`90+`&L6`(W%$O0*);#`13+&%8L8S<4R[A1+(?8&Z;]]G2_/=UO M3_?;T_WV=+\]W6]/]]O3">[8]=O3T:CVV]/)>L!O3_?;T_?.E-^>[K>GQQMM M3^>N#)\4N]1W5L/YI+-/O>Q0O5_=5W#>]!/;=E_)HF;G.FA)[/4.8D7=Q=X' M4KWS3-QV7XV(Q%K<$QJ2*]"HF[#[*)2%E@$[MSC>X,37K8X2Q3W^13.^7KA8 M;^>@][#+`6MP]+.]]';NL;R/DK^;LGP7<9U7EU`PL]VU=XOU+OKUW>5NO87` M>AY&<[?\U@%O\V&A<.J4#W#Z`*Y=_L#O MT(P,?6!`:\4&G7I>?HP`-LYBI`]@IU;RYICZ8^(#XQ\\-9E\S/*'"[AODU#R M@P;XH/7#8?;3T4\CV0?_I^CF MY[*?4=G1Z,^ZJ[^V*PS_O476_0JD7X'T*Y#D;DR_Q<)OL?`KD#_>"J3?8N&W M6'P/*U1^BP65E22_Q<)OL:"PXD-^N?+[7_%!J??3K.UHDO!5!L2>>Q5$S"A7 M=WVL`'C/WO)/_/=_U_*I-AZ"6_U-L$ZO&K'B6#FL!G7 M*K_?MBAUT9_:'6HBURZ2CL!?-KW/O,ECRB[F&_ M=N[7SG5KY^3W/'S_:^@T2MMC%]^"?W M;O3*U!SV+].CL(\1M9)&W?VW-%J&Z;LN>@/8$>:T#W:]4`86N7=LEL1S&WI5 MEH0)5L%=+URQ9XJOWEY8G&F>_^Y%>D1V$4KN4#Y!5>G6+H01ZL\L2E7:=-'KNKX2XI_4V== MPC=L2\\)&PY`.@:E[*(16_ZL"#%8M7'0$27P.@J)Z(`6DNME4?=V&G];I;/G M,&.9Y1.RZ6^0=="F`Y$.0Y&%%<;+:AUJ\Q>974NRSK&#+UV"HC,-R/2O,+B% M1H;XE!T[]4;GP/$ M3\QT9P)V]`@%P$IR401P"X>>3N($-I1ARMKSV2Q9Q7GEP/,L8WDW9`U:TJ,4 MA"LIQA2H#1(3L4[0V4J!PE_;4DV\E!;TB%3"E%3B1`5?F%C[C9^JM6#-XJO> MC!ZI>JR269QH80^&;@D6M'2!W_XR[`1)K<7A4[&=2JP&`Q\KG1D])/%& M/C8UI.UE$WKI2Q2->9$L7Y*8CRDHIA?RG:UU@X4]/?8M0$O24;1GC6>\(>EZ M>\*DZT%+TE'4:XUGLB'I>GO"I.M!2])1]*P=U0X1K(5JM>6$^M?Y?/:O5<21 M?5[%<_%9XA,2H_,LV]!SI25PZ3P4O6UDVPUJMWU`QM0?$'Z?_!9&(E:5WK)H M^;!*LT*-:?UETX">_VQ0V_B3?,WO&Y8;'SF-#3VO:8#:.(K\RH#YCA3'`$X? M[UFZC.)0L4:YU2_0<_)6PY!N1HGW?DO2_#%91,D]'T+"8:DSRO5F]$C78Y7, MHHCU'@Q=FCEDZ`"[_43S0Q1=W@-RVS]&56/C`*LE4$DHBN:N/D>?DR2/DYQE MAFT1*CMZQ`)@);DHVEI^ZV5^7)EM9>(8,"=+-8"YWF>*R?BMR+^8/K8R,8RL MPTWH,@_CENQC:N-/*0M_?TFB.!<5%46&@48C*PW),JU$*_E%B4CW@'R-8I'' M<5WD;A:'^+!RQ>1\*?"96#;)$[9;)6*K1C:G+F-6M+UA15\Z1(4.;H6"[EA?XC'\U-8 M[%^ZRO)HR?4&&.G1-J'G!#O#?)L_COTW/6!P4CGH*@):4N>Y`U=2C"F`*R0"QT$`()4]*H- MYV*19%'\9,=WWY@ZVWW$DFN<(M"Y.#SXZ5V]_-R[2H_-'D1)'TJX5_9NU#N0 M(5U2(2V#$I&50.I,]HLDGO$AI:KM/29CNCSK$-.)GHV/OLZ()I'`(W^*HN($".,L2V=$DU-@1G6*HM,$",,\2FU"DT_MG.D4 MIV`PA_`ER=C7)&;O"AI;UVCRUP(HB4,[I>TFB>=B[VH6/49L?L<96763>O1F M-.E48Y7,HD@F`:/P:'E$M$@44I#:LZ#)9P^FI!+M.,:;)+^.Q>&T\TOVPM\U M_%??^1_R*%\IYIU6+6A2;80MJ4=14\6[71F=6+M"D\INE.$412`5/>O*AG8O M$B6N7QST#$WP*!BCRE/##HJV^12F8J]M?A[/6X=V%R>_JE6B30-ZS-J@EKRC MZ)\6"J.T--C28]L`6!*-(HI:6*[CXE^"GNO%8I45RS+9?X=I%#Y$BRA_GSZ6 M8^H=S+[=;Y!VS"8#D0Y#T5TMC-.XR*.9IE]8!OBD8T::]@Y6R2Q.O9X&QOE\ M'I4Y2>4,_#J>LS<]PQISTDQK,$O&<>KXM."\AM&B>K2^/7/M`[#=-Z7-=!^O M9!FGFH\:RF_LX2[*Q7V0@J\/J(TSO'>!2P>@*+H6IF]AEE\FQ2XG_L!%_-?9 MYQ4?"W"[`TU(TP_@ENRCB$,YMX7GZPY,SGLG>A^@"$39O7$>#AG2914ZU?L` M56-6#TNU%;4X./!+$LZ[KV:S.5VR]9AKRE'DY7D]UJ:TH$>L$F;- M)8J"7(.@6X33&1%G5'%P^@&*RFNCN.8?T\*SE_TJC(`=;6H[8&MV491>&TC` M9R$`J>5EVER6&&L*4:1;I_]N(G__,GD*@Q:%.(5KUOL?PQ2.':!PW*(015EU M^N]N;NA?)D_AI$4ABCSJ]'\(4WCH`(6'#84!BD+J]-_=\-&_3)["HQ:%*!JH MT_\Q3.&Q`Q0>MRA$US2\_Q.8PA,'*#QI48@N97C_IS"%IPY0>-JB$%VX\/[/ M8`K/'*#PK$4ANCKA`X+427F9-H4EQII"='7"^X?427F9/(4M=1*@JQ/>/Z1. MRLOD*6RIDP!=G8@!P1225R\1TB=E)?) M4]A2)V-T=<+[A]1)>9D\A2UU,D97)[Q_2)V4E\E3V%(G8W1UPON'U$EYF3R% M+74R1EC.ZY&IKZ`03%`TF<=RR,$OB.R:R MXMG\8A%FV67TR.?`?'2?^7BNETLVC\*<+=Z_I6S&Q#Z0;XS/H+L%3G;Q@W3= M]9%1U8Y%W714CBG[G*0%VILDGQ9XY]?QMS3)7OA`>I5_-FQ+V5U6`Y">.40) MAXGMQ?>)R#HOX56R<(ML%#'Z)?G#[D4"&=(C&4);$XPJ1I6(@+<(8$^/ M;@O0->NH.E4):!/&G6.[Q32*<+2K,N=0:3E3/;G@"$7V=6&(2@2F2@N6;>AS MK@%>>P!%)G9!MV:T"/?#G=-/W:%Q>*&^)4#J2:KGQD'$BYN^],6VT;T7&"+ MO'8"=M7$`E51A&;!7L,XOT_X;7%9)9P8W*!O1M\1>NRU*[#++!:XIC$KEH>G MC^>/?.+%D=T])W]T9Y76K>@[0@N]]@-V\<4"%G])+L*XI*O"53RWJ<$30#OZ MO@#`U]Y`T;6]IW6#JL?:!O3YAZJO'6$79RP0U?'V,MBH+@DL0UK;!6EQNJ3O M_/V,N[Y]!M'KQBP4FP8.N4[QW!X/(N@-V2EF<_JDZ[-5CG$2=U_Y]/V)611/ M!`SIT0RAK0G&2>M5(-%65(1MW:!945_Q&"?[MP]&%:71FSG!;R="XVP&[0.YBPH54=68-;/"[2YHJS?1J8-O(K`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`K>!&IJ.^\!G&RP*B&=9=/X4BB5Z&$EZ,F4KPRC-4VJC;!W_+G: MCO'S>%YLG-R,^6XKQSS0A5]Y`F>_5OW>*Q15D0&N>E5KS:B]K+5`/\"J=>!?$#6F*[6_$Y6?`>Q4;H`I]NBX3!EMXJI`%P4V`"K9#OYU4\ MG[XPL:4M?FIVG0.D;]".G@,V`-\D0B$XHP)Q]18N7Q;LMRA_OF5SMBPBT*`W M-FE(SQV;H)="!N7A6`=VDVSE#:@9=5]`V*4G4`LY@;SKC.BQK$,J)]6#%/BP MW8)(FED`K"07Y89ME<^QY=FN"3W*[7!+]E'"U`U@=1TRQ75ZO"I`5B2BW,'3 MAW]R;1"]:DJY]2_38["/$3-7HN[]6QJ)F+ONN0?L"%/:!ZM*IM@_N7=LEL1S M&WI5EH0)5L&M#[%&G/VJ'__N17I$=A$VIU?C<6>LA@/8D644JGV#,G'MK)^H M\\UU1O1HU2%MSI?`>)]V%T+4K.K-Z/&JQ]I4?,&064F:/R:+*+GG.)-7EFI* MXVK-Z#&KQRJCGCB56;LPM`H6,'2`W?Y[%N>TQNJY,9:&`NSHL0N`E:\%%'DE M7TJRG*58#WHR<@R8DZ4:P"P91]%C$LZMJ&8\?;QZFQ5UC8L0C(%UN`E=YF'< M=5(0_EHZ*"JZ-F3Y[0*5A&+*LPK#IW=1P\2&UHXE=7([<"7%F!]`&0RQ%'.` M.76R`6DW1I%V*M^KE0AH29WG#EQ),8K2TT?X-KW!#4VI.\&$7WH%127JH=D_ M!$`KEWRA>3@&R,"P53Z`.77B`1TTQIR55W`,U7!-QM39UE;"G:#,P>]RL9/S MZ5T]3>Q=I<=F#Z*D#V?=N>K=^)V$#.F2"GP#)R@S$P%3'Z\G?%NNP9.4H62H MB9Z-MZ/.B":1T&V(EK]M_/+KC&AR"GSE)RCS*@'"\&U7F]#D4_\=1\V&/(_G M=NO8S>#<[<.MV[]-#E'5+V;OQ M)H4,Z9(*W9XH2^\2B'&6`!G2Y1>8+1RB"`$)Q#!CT)O1Y58[`^_^U!;`!NR%H M-=P)JFSO?AULI/V);]%RM;Q8+5>+XA->E,PI,_2FKRR=BE-+Q>FD:33KG02Q M65NBCMAP%)@[QXS0\O[QUI9M7'5&OG:V-DS;' M!R1`-'_HQE^C\T>\^"->_!$OY&Y,?\2+/^)E2W94KO-'O%!YL/T1+]MR MZH]XH4.U/^*%K`?\$2\[?%G[(U[43/DC7EP_X@4Y&P\Z5B(-XZP(E6^?HS=9 MS]$K>QN)[D9U?R/9X>C/ILN_?/K>1J4O-0E\@!VQ5SJ`%#.)KU^`4Y?&!UH. M0:[QGE`7&!TLF2\.GYA8AQ++K$`$0V=&EF(]Y%7&NT^*4%NX$-_<*$FC_)T+ MH$ZN'N&O<7M.*Z:T+'V-9BP8/P2@'^V;D?6K_1`L_%RE`SKBZ&EZ%RVC19C> M)/%&KC8U=,+9ID&@Y@I>),N7).9#"XK`DQR#UAL6]F2=8($=-1^PQC/>D'N] M/7WN]=A1CQVWT+X5X^[QK$5L\P$_HOX!/Y_]:Q5Q9$)M M%ZD,7*6;?&C9AJQ'+?$C)Q(:2'>*X6T?EVV6&?,D#QG^?0T MGYY&[L;TZ6D^/YM/3"%+MT]/(>L"GI_GT-)^>YM/3:*6GK1]% MLHN,M,/UC+2J@U'5@T]!VW19NR).DW^F,R+VPM;!Q,P\4YZVIDL^,QD/(B#! M&T)[H-Q`^6?K6`22@P`D69JX0*W$NJ>$,SZ%Q/JZ*L8U,;MIXI";)OO+%QO6 M3T=F/QTYY*E# M:#Z$YD-H/H3F0V@^A$:0:A]"(^L!'T+S(30?0O,A-,HAM)ND*?>[BW#:$1A. M^_?133)J.O31M2W7Z=I>LXJTJ1L0>\?;0!XN`M?&LU$T#FXX_#HJ=#/!;J$4 ML6OCLHC>JZ\`R;(QSL9X,`1-Y6Y\QXX0BZ_`,,Q MQ-)4YJY[0(QAUT48?&3,1\9\9(SDC8SXRYB-C/C+F(V,^,D:0:A\9(^L! M'QGSD3$?&?.1,5J1L;(:^;VHBW/+\E4:9W9QL$]A*D[9;19)6O&P8V7!\Z*/ M4=7):+.XU^A_9'__^T-%P.2HB]XT02^-#;$WM@8E9FBKO`_+&_`B5!UCJ[08 M@DC0[\4L0X44,Q"U!D`7$]09T:>T']Y#B2ZU,5SS.6;AV$O^)@2([=B1Y[:# M%S5VU,81G)UU(Q7]R^39+&&BAG\ZW7=CSOW++I`8[#Z"LPF)8YC$L1LDMK:6 MX2PPK'??#;[W+[M`8BN>CK(VT.G^$";QT`T2#[LUJG%)["8A]"^[0&(KKP"E M2'2G^V.8Q&,W2#SNEG_&)?$$)O'$#1)/NJ68<4D\A4D\=8/$TV[M9%P2SV`2 MS]P@\:P5M,(FD?<(*9;R,GD22YB21'3%PKN'%$MYV042&\4R1E4BSE91=(;!3+&%VQ\.XAQ5)>=H'$ M1K&,T14+[QY2+.5E%TAL%,L87;'P[B'%4EYV@<1&L8S1%0OO'E(LY6472&P4 MRQA=L?#N(<527G:!Q+-6TA<^B;W=(/W+#I#8VN`Q&4"Q!+!B"=Q0+$&C6"8# M*)8`5BR!&XHE:!3+9`#%$L"*)7!#L02-8ID,H%@"6+$$;BB6H%$LDP$42P`K MEL`-Q1(TBF4R@&()8,42N*%8@D:Q3`90+`&L6`(W%$O0*);)`(HE@!5+X(9B M"1K%,AE`L02P8@G<4"Q!HU@.!U`L8UBQC-U0+.-&L1QB;Y+V6]+]EG2_)=UO M2?=;TOV6=+\EW6]))[A+UV])1Z/:;TDGZP&_)=UO2=\[4WY+NM^2'F^T)9V[ M,GQ2[$S?1:WFD\[>]+(O]1YU7ZG9^K/:=EE)GV:W.FA)[)4.8D7=N=X'4KWG M3-QV7X>(Q%K<$QJ2*]"H&Z_[*)0%E0$[MSC>X'34K8[=1/T16_SAIHX^(8"ZWL8 MS=WRJ:;FQZX6&GQ@T@WLHUMTOVRA;)"YN+*RS/ZJ6_ZWC.WI3W\Y:_03.2L^5@U@H# M.O6,_!C!9IQ%1!]L3JW4Y#'UQ\0'L2'X%AXF'U_\X8+CVR1__*#!>RBU'9Q^C/ MNI>_-BS<_KU%P?U*HU]I]"N-Y&Y,OP7";X'P*XT_WDJCWP+AMT!\#ZM2?@L$ ME=4COP7";X&@L,I#?HGR^U_E0:G'TZSG:!+F50;$GGL51,S(5G=-K`!XS][R M3_SW?]?RJ38>@EO]3;!.KQJQXM@WK$7)*)LM$O&][6*\#//P:L'$@H;E@9*J MEFQ0]C?Z4??GU2;\^Z=:Y[][D1Z17822.Y1/4-7Y39BFH7"F[N8$[,@RJ@(KR47)(RAF M:,_)@G?YF;'L(E35"M(9T:-5AU1RBC+O[()(%JME?!,NNW%1Z612AG<;?5NGL.2K'/LX$N7H.A,`S+]*PQNX9P+UE]?*"JT M_\1.XUL6Q:\LR]G\,GJ-YBR>BV#%6O#"X).?`\RUC>#5F#EO0H!>%*BC$%:H/$ M1*P3=+92H/#7ME03+Z4%/2*5,"65.%'!%R;6?N.G:BU8L_BJ-Z-'JAZK9!8G M6MB#H5N"!2U=X+>_##M!4FMQ^%3LG1*KP<#'2F=&CUP]5HN$N`GYG,>V)!09 M?RQ]C68L&#\$H`?MF]'SJ#UV&P^3SWEL#W>:WD7+:!&F-TF\D8]-#6E[V81> M^A)%8UXDRY,9;TBZWIXPZ7K0DG04 M]5KCF6Q(NMZ>,.EZT))T%#UK1[5#!&NA6FTYH?YU/I_]:Q5Q9)]7\5Q\EOB$ MQ.@\RS;T7&D)7#H/16\;V7:#VFT?D#'U!X3?)[^%D8A5I;0<%CJC'*]&3W2]5@ELRABO0=#EV8. M&3K`;C_1_!!%E_>`W/:/+]78.,#J;?M\TD,4S5U]CCXG21XG.X!^1K%(H_CNLC=+`[H M8>6*R?E2X#.Q;FSN@"^,8Y`>0@EH5_#DPWB?AO-R^>HB62ZC+!.)M&JO&)J0 M]80!MV0?]/".[)F39-^"6[&/NL,WX?Q=A MJ6NGCS=)G++9*A5;,;0YSQ:I5EKP;Y-G\=^BYZP.#DKD\V&(1T M$J;JOGH+ER\+N#A,UX8LV5V@DE!,F5UA^/3^=Q9J(B2@)75R.W`EQ;@ZN4!B M6Y0',*=.-E"BYQA3&Z_Y7KU5!+2DSG,'KJ084P!72`2.@P#D5II0)U7BM,A3 M.-ZFN'G.4JPL!<7`)F8?31SQT<3.1]L<[S:LCX[,/CIRQ$='=C[:IKSPH#X* M#HP^"@[<\)'`:>.C,Y=\=),T._DWG7`9FE+WJ0E_74YZ@*EO"YK]I`QHY9(O MU).UDP%4X2\1*S9'P`6=V#`T_#5.;.,3YI&!]"97?AP),JE;ES MC!\UC`^@LKMP#%,DE;EKC`O,DO$!1+=M'B-@3IUQ(*OQ!*GH51O.Q2+)HOC) MCN^^,76V^X@EUSA%H'-Q8/#3NWKYN7>5'IL]B)(^E'"O[-VH=R!#NJ1"6@8E M(BN!U)GL%TD\XT-*5=M[3,9T>=8AKD^"PCI#1W]Z#N%7P!H\21F*QA,]&Q]] MG1%-(H%'_A1%Q0D0QEF6SH@FI\",ZA1%IPD0AGF4VH0FG]HYTRE.P6`.X4N2 ML:])S-X5-+:NT>2O!5`2AW9*VTT2S\7>U2QZC-C\CC.RZB;UZ,UHTJG&*IE% MD4P"1N'1\GAHD2BD(+5G09//'DQ))=IQC#=)?AV+PVGGE^R%OVOXK[[S/^11 MOE+,.ZU:T*3:"%M2CZ*FBG>[,CJQ=H4FE=THPRF*0"IZUI4-[5XD2ER_..@9 MFN!1,$:5IX8=%&WS*4S%7MO\/)ZW#NTN3GY5JT2;!O28M4$M>4?1/RT41FEI ML*7'M@&P)!I%%+6P7,?%OP0]UXO%*BN69;+_#M,H?(@64?X^?2S'U#N8?;O? M(.V8308B'8:BNUH8IW&11S--O[`,\$G'C#3M':R269QZ/0V,\_D\*G.2RAGX M=3QG;WJ&->:DF=9@EHSCU/%IP7D-HT7U:'U[YMH'8+MO2IOI/E[),DXU'S64 MW]C#792+^R`%7Q]0&V=X[P*7#D!1="U,W\(LOTR*74[\@8OXK[//*SX6X'8' MFI"F'\`MV4<1AW)N"\_7'9B<]T[T/D`1B+)[XSP<,J3+*G2J]P&JQJP>EFHK M:G%PX)4H\C+\SA>A8L2KWJM36E!CU@ES)I+%`6Y!D&W M"*L]S^&*1P[0.&X12&*LNKTW]W=3I_Q"F\-`!"@\;"@,4A=3IO[OAHW^9/(5'+0I1-%"G_V.8PF,' M*#QN48BN:7C_)S"%)PY0>-*B$%W*\/Y/80I/':#PM$4ANG#A_9_!%)XY0.%9 MBT)T=<('!*F3\C)M"DN,-87HZH3W#ZF3\C)Y"EOJ)$!7)[Q_2)V4E\E3V%(G M`;HZ$0."*22O3DJ,-87HZH3W#ZF3\C)Y"EOJ9(RN3GB/D#HI+Y.GL*5.QNCJ MA//^0.BDODZ>PI4[&Z.J$]P^ID_(R>0I;ZF2,KDYX M_Y`Z*2^3I["E3L8#J)->K8W^9>H4MFII!.,!U$D`JY/``742M-3)>`!U$L#J M)'!`G00M=3(>0)T$L#H)'%`G@5U=SF"\34%!W./'U\<%JY[``=4C,-JX9D+_ M9/CU<<%J*G!`304M-3490$T%L)H*'%!304M-30904P&LI@('U%304E.3`=14 M`*NIP`$U%;34U&0`-17`:BIP0$T%+34U&4!-C6$U-79`38U;:FJ"HJ9D;K&Q M7`YD2(]6"&U-,(K6DD@,M7/T9G3)U=;0"28H&DSBN&5AEL1W3&3%L_G%(LRR MR^B1SX'YZ#[S\5POEVP>A3E;O']+V8R)?2#?&)]!=PN<[.('Z;KK(Z.J'8NZ MZ:@<4_8Y20NT-TD^+?#.K^-O:9*]\('T*O]LV):RNZP&(#USB!(.$]N+[Q.1 M=5["JV3CF@%K4H M6O"7Z.F99?E_K3@6EB[>]6\&T)(>P2#B?*VS6A1[X=[II^[`J+Q0WQ*P=2358_,PXD7-SVIRVVC>BYP!9Y[03LJHD% MJJ((S8*]AG%^G_#;XK)*.#&X0=^,OB/TV&M78)=9+'!-8U8L#T\?SQ_YQ(LC MNWM._NC.*JU;T7>$%GKM!^SBBP4L_I)&Y3@R>`=O1]`8"OO8&B M:WM/ZP95C[4-Z/,/55\[PB[.6""JX^UEL%%=$EB&M+8+TN)T2=_Y^QEW??L, MHM>-62@V#1QRG>*Y/1Y$T!NR4\SF]$G79ZL.UUI:78YP=GVH@_=VS>CMGV&WOISW& MV0S:!W(7%2JBJC%K9KEK[P3;7=!6;Z)3!]]$8`5DH[D3OM340SY&$;&MLR;O MV"OC&-[_'K'%7#V[-UK3(]P(6?)]@J)=M7!TDWV;!@ZQKICVGZ`H6!TBU8E# M!EMWZ%X_56V<(%T% MO/8`BL2]?X[2_!W^2FILZ#&L`5HSBA(4[H#0?0?U9N1Y57WS4+3G.@[5ETYI M09W0[E<-16FN0P!II,]@BSR42&O=N_%K!5H2IA7\,NU*RN.([IXYYNQOLV19KB%=)K/5DO]>`_AN MM5R&Z?NO<4$GFU=-+I*4?;V[N+Y:LO0IBI_*R5]V=?^Y'EF4B]X.^/^.@]%/ M(_G3_)_BUW\N?WY4_?[HS[J'O[A%USM:AW!;JZ@O`W7+PW!F\:U MS<2@<\MM(U2CK.#EZ.!X/"Y8X7_XQYWXLDQ.S\:3KVSYT$N`[5\>@AV5ZP0U M?71K3R3AP$\KW>DK"[-5RA1/M,Z(V(.M@UGY`F4)MH]!^:#KS0;A%+P)U-1V MW@,XJ5I5MCC+IO&ED"?1PTK0DRE?&49KFE0;8>_X<[4=X^?QO-C5N!GSW5:. M>:`+O_($SF:J^KU7:*DB/5OUJM::47M9:X%^@%7ES.*"?YN#X.SDX%1YL_8O M#\N4VKV"LC[2BJH3ZK.,9DS*KV'_,E47])%6+D")*NC7G2HB50;$GGL5Q`]H MB>UNQ>=DP7L4NY0+?+K]"P9;>DN/!L!-]0>T*KN?5_%\^L+$?K/XJ=D2#I"^ M03MZ#M@`?)/]A.","L356[A\6;#?HOSYELW9L@@[@][8I"$]=VR"7@H9E(=C M'=A-LI4WH&;4?0%AEYY`K;($\JXSHL>R#JF<5`]2?<-V?R!I9@&PDER4&[95 MV\:69[LF]"BWPRW91XE--X#51<(4U^GQJ@!9D8AR!T\?_LFU0?2JJ;/6OTR/ MP3Y&S`2)NO=O:22B[;KG'K`C3&D?K"J#8O_DWK%9$L]MZ%59$B98!;<^81IQ M]JM^_+L7Z1'91=@<+8W'G;%4#6!'EE&H,`W*Q+6S?J).,M<9T:-5A[0Y_`'C M?=I="%&SJC>CQZL>:U..!4-F)6G^F"RBY)[C3%Y9JJE;JS6CQZP>JXQZXI1- M[<+0*EC`T`%V^^]9G*,4J^?&6+<)L*/'+@!6OA90Y)5\*BU/#T\>IM5A0=+D(P!M;A)G29AW'724'X:^F@J.C:D.6W M"U02BBG/*@R?WD6!$1M:.Y;4R>W`E11C?@!E,,12S`'FU,D&I-T81=JI?*]6 M(J`E=9X[<"7%*$I/'^';]`8W-*7N!!-^Z144E:B'9O\0`*U<\H7FX1@@`\-6 M^0#FU(D'=-`8P3&4JC494V=;6Z9V@C('O^/PQW.[0Q%M&M!CV@:UY!W[ M1(M-#J%QX]UK`%SO]T(]F!F\FQVX=;OWZ2'*NJ7LW7B30H9T285N3Y2E=PG$ M.$N`#.GR"\P6#E&$@`1BF#'HS>ARJYTYX)QX_\.=H8QSMKT_HJYW.P]R-*`_ M8FR8(\-_Y!/&UHX(1ZH8>#=[9O/5@G521[_322OR?^V?SD2/SFZ$_; MPH!_?6^5`3=)0M9L]==:$=OOK\4YX*9_;:EKP&X(6@UW@BK%NU_Q&FE3XENT M7"TO5LO5HOAN%W5RRK2\Z2M+I^(<47%>:!K->F<^;-:6J",V'`7F=C$CM+Q_ MX+1E&U>=D:^=-HUS_DR)J87D>OF29&P^C;^MTMESF+',\E'9]#=H>VG3T:!N M5:LPRD3CS5]K=BUI>\AN#*C;X`S(]&\TN(6;?EA_F^&!>R(L@H@1JX75N/0<^H"B\A[[ZK7_?ELEJSB MO/+B>9:QO%NH%;0DRBN(&77'70^)B5UW.$7>/;<.434W4UH095.)==>;Y_RY M+OY<%W^N"[D;TY_KXL]UV9(=E>O\N2Y4'FQ_KLNVG/IS7>A0[<]U(>L!?Z[+ M#E_6_EP7-5/^7!?7SW5!3L&#SI)(PS@K0N5;)>9-UA/SRHY&HJ=1W=5(]C7Z ML^GM+Y^S9UGD4I.U!]@1>X\#2#$S]_JE-G6Y>Z#E$.0:[PEU*='!,OCB\(F) MQ2>QM@J$+71F9"G60UYEO/NDB*^%"_&AC9(TRM^YZNDDZ!'^!+R]+7 M:,:"\4,`^M&^&5F_V@_!PL]5#J`CCIZF=]$R6H3I31)OY&I30R><;1H$:H+@ M1;)\26(^M*"(-LDQ:+UA84_6"1;8;1ZU,?5'K1[G>$.?ZNWI^U2/'36QL,8S MV9![O3U][O78<4OU6S'N'L\?>EL=47];G<_^M8HX,J'?B[R(>&[TH64;LAZU MQ&_CW^,M_+M`<:S1BTZY;%O_;+,(FB=YN,!Y^OC=]UL8B73M])9%RX=5FA5: M4^LTFP9DG6@#WL:II]1?JC3[GS2G4^Z\TEW/NF.(-4^Z8ZL!WS2G4^Z\TEW/NF.5M+=^JDJ'\RS M.US/LZM^>U3]N$^LV_@0'TU6GTNCXO!'KDZH8U\3LIHE#;IKL+PMN6#\=F?UT MY)"?CNS\M,U2V*!^"@Z,?@H.W/&3P+JO5+?=^LG'S7SC'#>[29K*Q1^,H1V!,;1_']TD MHZ8O'U+;>'&N[2JK\)JZ`;$7NPWDX<)N;3P;A>#@AL,OGD(W$^P62F&Z-BZ+ MD)W*W&57R#%@'E%E0`,'XU3FSCM@@GP\E0$.'&93F3OO@2/D2A(P'$,`367N MN@?$&'9]J)0/A_EPF`^'D;LQ?3C,A\-\.,R'PWPXS(?#"%+MPV%D/>##83X< MYL-A/AQ&*QQ6EE2_%Q5P;EF^2N/,&/SZ%*;B@.!F?:05!#M6%FPO?GY4_?[( M-M@U^A_9T__^4&$O.>JB-TVD2V-#[#6M08D9SRKOP/+6NPA59^\J+88@$O1[ M,;50(<6,/JT!T`4"=4;T*>W']%!"2FT,UWQB63CV,LPA8CMVY+GMX$4-&+5Q M!&=GW?!$_S)Y-DN8J#&?3O?=0'/_L@LD!KL/VVQ"XA@F<>P&B:U-9#BK"NO= M=R/N_1)+F))$=,7"NX<42WG9!1(;Q3)&5RR\>TBQE)==(+%1+&-T MQ2*&!)/H@F(I84H2T14+[QY2+.5E%TAL%,L87;'P[B'%4EYV@<1&L8S1%0OO M'E(LY6472&P4RQA=L?#N(<527G:!Q$:QC-$5"^\>4BSE91=(;!3+&%VQ\.XA MQ5)>=H'$LU:F%SZ)O2T@_]#]_O0_3YT MOP_=[T,GN#77[T-'H]KO0R?K`;\/W>]#WSM3?A^ZWX<>;[0/G;LR?%)L1_]@ M5>:3SH;TLAOUQG1?D]GB6]KV4TF<9HLZ:$GL/0YB1=VNW@=2O=Q,W';?@8C$ M6MP3&I(KT*B[K?LHE*63`3NW.-[@\-.M3M5$_0;KQM>+"^OM'/0>=H%?#8Y^ M6I?>SCV6]U'$=U.6[R(NZ.I:"6:VN_9NL=Y%;_.&FCCXA@*+>AC-W?)I![R- M2P^W<.G"GSKKPYL^O/G#A3>QJNM_5^'-;4CSX4TZ4XH?*+RYL_7RK]DLZJP0 M7B\CY6T+F]*,[L"8UVH".G5C_QAQ9IRE1!]G3JT$R#'UQ\3'KR'X%AXF'UK\ MX>+BV^1]_*!QUB*\EL>J"P9^2T/?LL#A:4=\NN2W__2#DK]G6811Y,KKS(@ M]MRK(&*&L[H+807`>_:6?^*__[N63[7Q$-SJ;X)U>M6(%<>\8:U$1MELD8CO M;1?C99B'5PLF%C3,IT:JEB//Q')D_?/J!4G1R>A/V8U?E/2+DGY1TB]*DKDQ M?:*B3U3TBY(_WJ+DSA(8?**B`QE8/^KJ\+!KE3_4ZK!%&MLV&Z5\HB*956<+ M#Q]1][!?S?:KV;K5;/+;#;[_U6R40NA^-7N7'/["PCF?&VLIK*]37K.N0:*6 MJ9@^_)-[-WIE:@[[E^E1V,>(6H*B[OY;&BW#]%T73P'L"'/:![M>10*+W#LV M2^*Y#;TJ2\($J^"N5W78,\57;R\LSC3/?_PB5!7TT1G1HU6'5'**,N_L@D@6JV5\ M$RZ[P5?`CCZS+;"27)2#>;Z&;]%RM;Q8+5>+XLDIEB[$X2-/;,I5VO21JSK^ MDN+?U%F7\`W;TG/"A@.0CD&I5VC$EC_W`P5V;1QT1`F\#APYS%AF^81L^AMD';3I0*3#4&1AA?&R6H?:_$5FUY*L<^S@2Y>@Z$P# M,OTK#&[AG`O67U\H*K3_Q$[C6Q;%KRS+V?PR>HWF+)Z+8,5:\,+@EP_\'%FG M?6!,TJ,HHO>6S=FRF(#S&:,`T?RANXH(6=+S`PA74HRS/-M&`I%*GL:&.!3= M>_7&YP#Q$S/=F8`=/4(!L))<%`'V5!,OI04](I4P)94X4<$7)M9^XZ=J M+5BS^*HWHT>J'JMD%B=:V(.A6X(%+5W@M[\,.T%2:W'X5&QU$JO!P,=*9T:/ M7#U6BX2X"?F6P/=YK>1*RV!VSAVFTVJ.SO-R2;A3>\^-WRUK6/& MU)\X?N/]%D8BJ);>LFCYL$JS0C9J_673@)[_;%#;^)-\7?`;EAL?.8T-/:]I M@-HXBOP2AOF.%(?Y31_O6;J,XE"QF+K5+]!S\E;#D&Y&"4Q_2]+\,5E$R3T? M0L)AJ5/?]6;T2-=CET!N^X>A:FP<8+4$ M*@E%$?'5Y^ASDN1QDK/,L']#94>/6`"L)!=%K,MOO4SD*]/"3!P#YF2I!C#7 M&V(Q&;\5B2+3QU;*B)%UN`E=YF'WT\2:)4S9;I6+/B#:Y;Z.6='UA M!5^Z!$6.K@57;M@?XO'\%!8;K:ZR/%IRO0&&CK1-Z#G!#K=D'T6L`O$0@Q,V M:DG/%QO!ER[!E+O9VMWR2\CA\4%P)%$#/)O_#CUW M?6`PTGFHLQUL5-,QF^2_"+A M`!85)D'4Y8K=)]TG7>."#=K3]T@);4 M>>[`E11C"N`*B2CFZ0I.;#I MA,O0E+I/3?CKNM<#3'U;T.PG94`KEWRAGJR=#*":VZ@L)FXJ(EY@EXP/( MZAX<>!JF,G>.\4G#^!`JNPL'GE2IS)UC_*AA?`"5W85CF"*IS%UC7&"6C`\@ MNFWS&`%SZHP#68TG2-6YVG`N%DD6Q4]V?/>-J;/=1RRYQJE6S>'E[.E=O?S< MNTJ/S1Y$21]*N%?V;M0[D"%=4B$M@Q*1E4#J3/:+))[Q(:6J[3TF8[H\ZQ#7 M1U9A'?:C/^:'\"M@#9ZD#$7CB9Z-C[[.B":1P"-_BJ+B!`CC+$MG1)-38$9U MBJ+3!`C#/$IM0I-/[9SI%*>R,8?P)+5(%%*0VK.@R6:=5BUH4FV$+:E'45/%NUT9G5B[ M0I/*;I3A%$4@%3WKZIMV+Q(EKE_%]`Q-\"@8H\I3PPZ*MOD4IF*O;7X>SUNG MBQ='U*I5HDT#>LS:H):\H^B?%@JCM#38TF/;`%@2C2**6EBNX^)?@I[KQ6*5 M%!L;Y?!Z5.4GE#/PZGK,W/<,:<]),:S!+QG'J^+3@O(;1 MHGJTOCUS[0.PW3>ES70?KV09IYJ/&LIO[.$NRL5]D(*O#ZB-,[QW@4L'H"BZ M%J9O899?)L4N)_[`1?S7V><5'PMPNP--2-,/X);LHXA#.;>%Y^L.3,Y[1X\? MH`A$V;UQ'@X9TF45.G[\`%5C5@]+M16U..'P2Q+.NZ]FLSE=LO68:\I1Y.5Y M'*_"18E7O=:FM*!'K!)FS26*@ER#H%N$TQD19U1QPOL!BLIKH[CF']/"LY?] M*HR`'6UJ.V!K=E&47AM(P&PJ,6A2@:J-/_,4SAL0,4'K\?TB=E)?) M4]A2)V-T=<+[A]1)>9D\A2UU,D97)[Q_2)V4E\E3V%(GXP'42:_61O\R=0I; MM32"\0#J)(#52>"`.@E:ZF0\@#H)8'42.*!.@I8Z&0^@3@)8G00.J)/`KBYG M,-ZFH"#N>>;KXX)53^"`Z@E:JF@)8]00.J)Z@ MI7HF`ZB>`%8]@0.J)VBIGLD`JB>`54_@@.H)6JIG,H#J"6#5$SB@>H*6ZID, MH'K&L.H9.Z!ZQBW5,T%1/3('V%C6!C*D1RN$MB8811-))(8:-WHSNN1J:]T$ M$Q2M)''Z^62S:,P9XOW;RF;,;%? MXQOC(J1;B&07/TC771\95>U8U,U!Y9BRSTE:H+U)\FF!=WX=?TN3[(4/I%>A M9\.VE-UE-0#IF4,4`2>V`=\G(CN\A%F&47SZ;!84NP2O2UJ4;3@+]'3,\OR_UIQ+"Q=O.O?#*`E/8)!N#7' M*&*QWFVJA`2\*Z`&]!BW05T3CR(Q840;D>X>X2VR4<3HE^0/NQ<)9$B/9`AM M33"J&%4B`MXB@#T]NBU`UZRCZE0EH$T8=X[M%M,HPM&N&IQ#)>!,==^"(Q39 MUX4A*@:8*B)8MJ'/N09X[0$4F=@%U2H/Q1^_^(EUU[)L&M#G7H6Z)AY%.!9] MWR27;+Z:"7H^)ZDXYUP>C'X?OO5.?K=K0H]\.]PU_=B5$(L;XE<.I)JL?F8< M2+BX[4];;!O1PWC_#[AM\5EE;-C<(.^&7U'Z+'7 MKL`NAUC@FL:L6!Z>/IX_\HD71W;WG/S1G55:MZ+O""WTV@_811(+6/PEN0CC MDJX*5_'8S>F3KL]6 M.<9)W'WET_\16\S5;!HXQ+I"1YR@2&(=(M510P9;=^A>/VPH.$'1QCHPEB2[Q&^+6A0Q MK,!Q'[Y=_6L5O88+/C)+GE5MG"!=!;SV`(IFOG^.TOP=_DIJ;.@QK`%:,XH2 M9>Z`T'T']6;D>55]\U#$[#H.U9=.:4&=T.Y7#46ZKD,`::3/8(L\E-!MW;OQ M:P5:$J85_#+M*KXY9U%),O]'EV7^IW]PW@N]5R&:;OO\8%G6Q>-?EZ=W']Z?;ZXNK^ M"1^ M&>NV*2+!VONFNKK_EX)DK)6I(?]T_A9U\XF-UD/SM:IW`;BZ@ MO`W7+PW!F\:US8>_<\MM(T2CK.#EZ.!X/"Y8X7_XQYWXD`2G!\=G7]GRH9:)T1L0=;![/R!-+(3^BAY6@)U.^,HS6-*DVPM[QYVH[QL_C M>;$-Q?INJ"/M+*!2A1`_VZ4D6D MRH#8(]B6W.!3[?AP6!+;VG1`+@I%X%6EO?S*IY/7YC8 MH!8_-7O(`=(W:$?/`1N`;[*;$)Q1@;AZ"Y$'N5VN"7[*+'G!K"ZJICB.CU>%2`K$E'NX.G#/[DV MB%XUA=GZE^DQV,>(F0!1]_XMC41P7??<`W:$*>V#565([)_<.S9+XKD-O2I+ MP@2KX-9'1R/.?M6/?_S(,@I5LD&9N';63]1)Y#HC M>K3JD#:G16"\3[L+(6I6]6;T>-5C;>JW8,BL),T?DT64W'.59A>'3NZA(8D-KQY(ZN1VXDF+,#Z`,AEB*.<"<.MF` MM!NC2#N5[]5*!+2DSG,'KJ081>GI(WR;WN"&IM2=8,(OO8*B$O70[!\"H)5+ MOM`\'`-D8-@J'\"<.O&`#AICSLHK.(;:MB9CZFQKZ]I.4.;@=QQ>SI[>U=/$ MWE5Z;/8@2OIPUIVKWHW?2L*WY1H\21E*AIKHV7@[ MZHQH$@G=AFCYV\8OO\Z()J?`5WZ",J\2(`S?=K4)33[UWW'4;,CS>&YWBJ)- M`WI,VZ"6O&,?@;')J35NO'L-@.O]7J@G.8-WLP.W;O<^/419MY2]&V]2R)`N MJ=#MB;+T+H$89PF0(5U^@=G"(8H0D$`,,P:]&5UNM3.'PT&.)/SN#UT^'.2$ M07^FW>$@9PGZ,\F&.6/\1SZ2;.U,<:2*@'>S9S9?+5@G==2N#.!X]--(_H#X M9_,;(_$CHS\UA?_^^MXJ_VV29*S9RJ^U(K:?7XMSP$W]VE+5@-T0M!KN!%4* M=[]B-=*FP[=HN5I>K):K1?%=+NK@E&EWTU>63L7!HN(`T32:]HWF7%F(BGAK%?(,SOG`S]'VW`<&AKH9K\F%XP,2()H_ M=(.FD"519X"848M?K2&!F'6#2^2-C:U=)>`]"M@1915`C%P/K,:AY]0%%I'W MUE6O^_/9+%G%>>7%\RQC>;<0*VA)E%<0,^J.NAX2$[ON<(J\.VX=HFINIK0@ MRJ82ZZXWQ_ES6_RY+?[<%G(WIC^WQ9_;LB4[*M?YR1\?_=G\_%\^)T]=I%*3E0?8$7M/`T@Q,_/ZI3)UN7F@Y1#D&N\) M=2G0P3+TXO")B<4EL78*A"5T9F0IUD->9;S[I(B?A0OQ(8V2E.M\KFHZ"7B$ M/['MB:J8I[+T-9JQ8/P0@'ZT;T;6K_9#L/!SE>/GB*.GZ5VTC!9A>I/$&[G: MU-`)9YL&@9H`>)$L7Y*8#RTHHDER#%IO6-B3=8(%=IM';4S]4:O'.=[0IWI[ M^C[58T=-'*SQ3#;D7F]/GWL]=MQ2^U:,N\?SA]Y61]3?5N>S?ZTBCDS(]2+O M(9X;?6C9AJQ'+?$C9QT:2'>*X6T?EVW6)/,D#Q:SRGQ6F<\J(TBUSRHCZP&?5>:SRGQ6F<\JHY55MGXLR*:)9(?KB635 MCXVJ7_.98]I5XXHA3=J8SHC86U@'$S-A3'F\'$Q'Q?S<3$?%Z,<%[M)FM*[F\;(CL`8V;^/;I)1\^,^ M9&9:?&N[PBI\IFY`[,5M`WFXL%H;ST8A-KCA\(NCT,T$NX52&*Z-RR(DIS)W MV15R#)AG*!G0P,$VE;GS#I@@GY]D@`.'T53FSGO@"+D4`@S'$"!3F;ON`3&& M79]ZY,-=/MSEPUWD;DP?[O+A+A_N\N$N'^[RX2Z"5/MP%UD/^'"7#W?Y<):==A*K#7Y460Q`)^KV8.JB0 M8D:7U@#H`GTZ(_J4]F-V*"&C-H9K/G$L''L9YA"Q'3ORW';PH@:$VCB"L[-N M^*%_F3R;)4S4F$ZG^VX@N7_9!1*#W8=E-B%Q#),X=H/$UB8PG%6#]>Z[$?7^ M91=(;`7)401_I_M#F,1#-T@\[!9KQB6QFUG0O^P"B:UD`91JR9WNCV$2C]T@ M\;A;!QF7Q!.8Q!,W2#Q!KDG!,2SV`2S]P@\:P5B<(F MD?<(*9;R,GD22YB21'3%PKN'%$MYV042&\4R1E4BSE91=(;!3+&%VQ\.XAQ5)>=H'$1K&,T14+[QY2 M+.5E%TAL%,L87;'P[B'%4EYV@<1&L8S1%0OO'E(LY6472&P4RQA=L?#N(<52 M7G:!Q+-6)A<^B;TM'OW+#I#8VK4Q&4"Q!+!B"=Q0+$&C6"8#*)8`5BR!&XHE M:!3+9`#%$L"*)7!#L02-8ID,H%@"6+$$;BB6H%$LDP$42P`KEL`-Q1(TBF4R M@&()8,42N*%8@D:Q3`90+`&L6`(W%$O0*);)`(HE@!5+X(9B"1K%,AE`L02P M8@G<4"Q!HU@.!U`L8UBQC-U0+.-&L1QB[WSV^\S]/G._S]SO,_?[S/T^<[_/ MW.\S)[CUUN\S1Z/:[S,GZP&_S]SO,]\[4WZ?N=]G'F^TSYR[,GQ2;#??M*KR M26?#>?F[ZHWGOJ9R_UO9]D/)DV8+.FA)[#T-8D7=CMX'4KV\3-QVWW&(Q%K< M$QJ2*]"HNZG[*)2ECP$[MSC>X'#2K4Z]1/W&ZL;7B_OJ[1STWA[/PJ3@O7XZ MF-[./>_MH[COIBS?15P(UC46S&QW[=UBO8O>YMF9./CL@,5`C.9N^513(&17 MJQ(^BNFCF#Z*2>[&U$4QL8KD?U=1S&U(\U%,.C.`'RB*N;-E\:_9+/J41K/K M>,[>BO]3K>U=)C=)?LL>%QS?)9NO9D7LXW.2?F8LJT[KR*9E@"3G';#'Z)45 M_^#09WS`REM__]W1#";M?]QK90R=>DA_C-`XSNJH#XVG5G+VF/ICXD/N$'P+ M#Y./AOYPH?QM4E5^T%`^^<6V[S^4?X@?RI1@M?HT+6FT# M^*>CGT;RI_@_Q:_]7/[^J7?A>%W87P/2TU^%P:5)2&_"\/OPJ"P=$-^W?'[7[I!*0G4+-)H MTOM5!L2>>Q5$S'!5=Z&K`'C/WO)/_/=_U_*I-AZ"6_U-L$ZO&K'BY#FLE<8H MFRT2\;WM8KP,\_!JP<2"AN*@2M5RXYE8;JQ_3[W@*'YU]*?\7;_HZ!<=_:*C M7W2DMNCHDR9]TJ1?=/Q^%QUWEH#@DR:_KZ1)\ME@/^I*]K#KJC_42K9%2MTA M]@URO=+'GDFY=+"S6'_X=FR7QW(9>E25A@E5P=UWX`J2X6FM0/__=B_2(["*4W*%\@JK. M;\(T#84S=36415822Y*=D(Q0WM.%KQ+L29V$:KJ&NF,Z-&J0RHY19EW M=D$DB]4RO@F7W4`R8$>?V19822[*N49?P[=HN5I>K):K1?'D%$L7XNR6)S;E M*FWZR%4=?TGQ;^JL2_B&;>DY8<,!2,>@E(,T8LN?^P$+NS8..J($7H<^$1W0 M0G*]+"KN3N-OJW3V'(I8A]T3LNEOD'70I@.1#D.1A17&RVH=:O,7F5U+LLZQ M@R]=@J(S#6S9GRV("SF>,`D3SA^XJ(F1)SP\@7$DQSO)L&PE$ M*GD:&^)0=._5&Y\#Q$_,=&<"=O0(!O%5;T:/5#U6R2Q.M+`'0[<$"UJZP&]_&7:"I-;B\*G8I256 M@X&/EK^!S@T6]O38 MMP!M\W"1KX90CW.\H3/U]H2=J099MZ+G2$KAT'HJ.-[+M!K7;/B!C MZ@\(OT]^"R,1`TMO6;1\6*59H?*T_K)I0,]_-JBESU"6"&Y8;GPT-#;TV-4` ME82BQ%/-'A9'^DT?[UFZC.)0L9:XU2_0<\96PY"N0HG+?DO2_#%91,D]'T+" M8:DSO_5F]$C78Y7,HHCJ'@Q=.CADZ`"[_83P0Y38;0_(;?](5(V-`ZS>ML\\ M/431L-5GXW.2Y'&2L\RP?4%E1X]8`*PD%T6KRF^RS&,KLZ),'`/F9*D&,-?[ M03$9OQ5Y$M/'5L:$D76X"5WF8=R2?4RM^2EEX>\O213GHJ"BR`30:$ZE(5FF ME6@EORB1XQZ0KU$L\BVNBQS+XLP=5JY`G"\%/A/KQN8.^,(X!NDA%%59P9,/ MXWT:SLOEH(MDN8RR3"2\JKUB:$+6$P;R:D&7?@%NRC[D35E0N6X2EKIT^WB1QRF:K5&R9T.:V;=22KB^LX$N7 MH,C1M=C"#?M#/)Z?PF*?T5661TNN-\#(B;8)/2?8X9;LHXA5(!Q@<,)&+>GY M8B/XTB68>N#PQ& M.@]53M_RF1Z_=^;W254\\X*_9IENN@N8TW6%'G-=ZQ.3\9LDOT@X@$6%21!U MN6+W2?=)U[A@@_9T?;+!(*23,%7WU5NX?%G`15RZ-F3)[@*5A&+*[`K#I_>_ MLU`3(0$MJ9/;@2LIQM7)!1+;XCF`.76R@5(ZQYC:>,WWZBT=H"5UGCMP)<68 M`KA"(G`5@? M'9E]=.2(CX[L?+1-&>!!?10<&'T4'+CA(X'3QD=G+OGH)FEVW&\ZX3(TI>Y3 M$_ZZ[/,`4]\6-/M)&=#*)5^H)VLG`ZCF-BJ+B9O*W"7B)6;)^`"RN@<'GH:I MS)UC?-(P/H3*[L*!)U4J<^<8/VH8'T!E=^$8ID@J<]<8%Y@EXP.(;ML\1L"< M.N-`5N,)4G&J-IR+19)%\9,=WWUCZFSW$4NN<8HUWI7+S_WKM)CLP=1 MTH<2[I6]&_4.9$B75$C+H$1D)9`ZD_TBB<7!A*EJ>X_)F"[/.L3UB4U89]WH M3[DA_`I8@R04F%&=HN@T`<(P MCU*;T.13.V*YV+N:18\1 MF]]Q1E;=I!Z]&4TZU5@ELRB22<`H//HU3']GN4@44I#:LZ#)9P^FI!+MV,2; M)+^.Q2&R\TOVPM\U_%??^1_R*%^IRG?;M*!)M1&VI!Y%317O=F5T8NT*32J[ M4893%(%4]*PK[]F]2)2X?A'/,S3!HV",*D\-.RC:YE.8BKVV^7D\;QVN79S0 MJE:)-@WH,6N#6O*.HG]:*(S2TF!+CVT#8$DTBBAJ8;F.BW\)>JX7BU56+,MD M_QVF4?@0+:+\??I8CJEW@/IVOT':,9L,1#H,17>U,$[C(H]FFGYA&>"3CAEI MVCM8);,X]7H:&.?S>53F))4S\.MXSM[T#&O,23.MP2P9QZGCTX+S&D:+ZM'Z M]LRU#\!VWY0VTWV\DF6<:CYJ*+^QA[LH%_=!"KX^H#;.\-X%+AV`HNA:F+Z% M67Z9%+N<^`,7\5]GGU=\+,#M#C0A33^`6[*/(@[EW!:>KSLP.>^=O'V`(A!E M]\9Y.&1(EU7H].T#5(U9/2S55M3B@+\O23COOIK-YG3)UF.N*4>1E^=QO`H7 M)5[U6IO2@AZQ2I@UER@*<@V";A%.9T2<4<4!YP]_ M#%,X=H#"<8M"%&75Z;^[N:%_F3R%DQ:%*/*HT_\A3.&A`Q0>-A0&*`JITW]W MPT?_,GD*CUH4HFB@3O_',(7'#E!XW*(07=/P_D]@"D\\?4B?E9?(4GEH5@`K&A]2/E^R,"U(]Y67RKCFS=,V16Z[IU0;I7Z;N M&LNR:<%XFQJ10[H&5FF!`RHML*O>&8Q/'',-K/X"!]2?P&CEFFTJ0@[I&EA5 M!@ZHRL"NGFHPWJ80Y)"N@=5JX(!:#5IJ=3*`6@U@M1HXH%:#EEJ=#*!6`UBM M!@ZHU:"E5B<#J-4`5JN!`VHU:*G5R0!J-8#5:N"`6@U:L;0)>BR-7X559>"` MJ@Q:L;3)`+&T,:S^Q@ZHOW$KEC9!B:7)W&UC.2+(D!ZM$-J:8)1(FT1BJ$VD M-Z-+KK9&43!!B%K4H6O"7Z.F99?E_K3@6EB[>]6\& MT)(>P2#/\/N&WQ665LV-P M@[X9?4?HL=>NP"YC6>":QJQ8'IX^GC_RB1='=O><_-&=55JWHN\(+?3:#]C% M+0M8_"6Y"..2K@I7\=RF!D\`[>C[`@!?>P-%U_:>U@VJ2FL;T.SR(H#=D MIYC-Z9.NSU8YQDG73]R=F49P2,*1',X2V)A@GK5>!1%NQ$K9U@V9%_"UJ9Y<";:[ MH*V>%?K[4OL#!2M7&\V=\*6FCO4QBCANG1%ZQUX9Q_#^]X@MYFK58+2F1[@1 MLN3[!$43:^'H1(1-`X=85\B)$Q1EK$.D.BG*8.L.W>MG104G*!)9!\:29)?X M;5&+HHD5..[#MZM_K:+7<,%'9LFSJHT3I*N`UQY`D<[WSU&:O\-?28T-/88U M0&M&48+-'1"Z[Z#>C#ROJF\>2OQX'8?J2Z>TH$YH]ZN&HC37(8`TTF>P11Y* M!+?NW?BU`BT)TPI^F7:EY.8L*DGF_^BRS/_TCZLXYZ+_ECU%`FF<*UZC:A-Z MQ*IQUL?:8T0OZ_VOBJ6'[D5Z!'81-B<^-MS]Q\]MN%]XT_+/W;^NC8*]Y2R> M-WEXO7%$=\\<<_:W6;(LUY`ND]EJR7^O`7RW6B[#]/W7N*"3S:LF7^\NKOG7 M,ED^1"&?C;RP^=7]YWI042XZ.N#_.PU&/XWDK_)_BA_^N?SE4?73HS_K'_^+ M6U0=C$0/(]G%J.QC)#K!NI>**+'V9JJN[O]-(_ MAE-Q[QOQU@\#SGM9=GZ9+,.HJQ:Z%X?@TO)V:',KX2)3^84]A8ORXZ"X47M7 MB=V8/7P5>[M:/+";("AOP_5+0_"F<6TS&^C<#DZ.!Z/"U;X'_YQ M)[XIAP=G)\=?V?*AETW;OSP$.RK7"6KZZ-:>2,+1GE;NU%<69JN4*9YHG1&Q M!UL'L_(%RKIK'X/R0=>;#<(I>!.HJ>V\!W#ROJK4Z]0446NM^I5K36C M]K+6`OT`J\J9Q07_-@?CD^#P4'FS]B\/RY3:O8*R/M**JA/JLXQF3,JO8?\R M51?TD58N0`DEZ!>;*B)5!L2>>Q7$#VB)[6[%YV3!>Q1;G@M\NLT0!EMZZXT& MP$TI";22O9]7\7SZPL3FM?BIV5\.D+Y!.WH.V`!\D_*$X(P*Q-5;N'Q9L-^B M_/F6S=FRB#6#WMBD(3UW;()>"AF4AV,=V$VRE3>@9M1]`6&7GD`MV03RKC.B MQ[(.J9Q4#U+*PW:S(6EF`;"27)0;ME4HQY9GNR;T*+?#+=E'"4@W@-45QQ37 MZ?&J`%F1B'('3Q_^R;5!]*HIVM:_3(_!/D;,K(BZ]V]I).+LNN<>L"-,:1^L M*FUB_^3>L5D2SVWH55D2)E@%MSX.'''VJW[\NQ?I$=E%V)P#CL>=L>X-8$>6 M4:C*#1541&UH[EM3)[<"5 M%&-^`&4PQ%+,`>;4R0:DW1A%VJE\KU8BH"5UGCMP)<4H2D\?X=OT!CX$ M$W[I%125J(=F_Q``K5SRA>;A&"`#PU;Y`.;4B0=TT!AS5E[!,=2]-1E39UM; M\W:",@>_X_!R]O2NGB;VKM)CLP=1TH>S[ESU;OQ.0H9T206^@1.4F8F`J8_7 M$[XMU^!)RE`RU$3/QMM19T232.@V1,O?-G[Y=48T.06^\A.4>94`8?BVJTUH M\JG_CJ-F0Y['<[L3%FT:T&/:!K7D'?MXC$U.M''CW6L`7._W0CWE&;R;';AU MN_?I(S=>)-"AG1)A6Y/E*5W"<0X2X`,Z?(+S!8.482`!&*8,>C-Z'*K MG3D<#G),_\G%E:^>-(Y4)O)L]L_EJ MP3JIHYO6!AR/?AK)GQ+_;'YM)'YN]*>Y&N!?WULYP$TRCS7[^[56Q#;Y:W$. MN--?6]0:L!N"5L.=H,KK[M>V1MJ)^!8M5\N+U7*U*#[617&<,A=O^LK2J3B) M5)PXFD:SWND.F[4EZH@-1X&Y1\P(+>\?66W9QE5GY&OG5>.<-%-B:B&Y7KXD M&9M/XV^K=/8<9BRS?%0V_0W:7MIT-*C[TRJ,,KMX\]>:74O:'K(;`^K>-P,R M_1L-;N&F'];?9C@GW_2>W6E\RZ+XE64YFU]&K]& M^\#`4'?H-0ER?$`"1/.';B05LB3J#!`S:D6L-200LVYPB;S;L;75!+Q'`3NB MK`*(D8N$U3CTG+K`(O*&N^IU?SZ;):LXK[QXGF4L[U9G!2V)\@IB1MUFUT-B M8M<=3I&WS*U#5,W-E!9$V51BW?6..7^8BS_,Q1_F0N[&](>Y^,-U/\Q%S90_S,7UPUR0\^Z@`R32 M,,Z*4/FFV7B3]6R\LH^1Z&14]S*2W8S^;#KZRR?J&[).L,". MFOE7XQEOR+W>GC[W>NRH67\UGLF&W.OMZ7.OQXY;/-^*&[TH64;LAZUQ(^<,F@@W2F&MWULNBY<,JS0H)IW6:30.R3K0!CYJ\>,-RXV.BL2%+L@;OKI,5?4J8 M3PGS*6'D;DR?$N93PGQ*F$\)\REA/B6,(-4^)8RL!WQ*F$\)\REA/B6,5DK8 M^D$?VV>!':YG@54_.ZI^UZ=];7"8C";G2V=$[-6L@XF9[:4\M4R7\&4R'D0J M@C>$]F"V@7*^UK$()`+M;6QK-1W`UN./R**70SP6ZA M%)MKX[*(TZG,77:%'`/F44D&-'`$3F7NO`,FR,#`L365N?,>.$(N;@## M,43-5.:N>T",8=]*.%TR_)5&F=0Q.M3F(HS:INED5;DZUA9.+SX MY5'UTR-SA&OT/[*/__VA8EURU$5OFO"6QH;8NUF#$C.(5=Y[Y4W';RW!1W>2 MH;(8@DC0[\5\0H44,^2T!D`7_=,9T:>T'\A#B2.U,5SSV63AV,LPAXCMV)'G MMH,7-4K4QA&CK==Z/+_<4GLIAOT+[M`8BN# M`*78=H'$1K&,T14+[QY2 M+.5E%TAL%,L87;&((<$DNJ!82IB21'3%PKN'%$MYV042&\4R1ETBQE)==(+%1+&-TQ<*[AQ1+>=D% M$AO%,D97++Q[2+&4EUT@\:R5WH5/8F_?1_^R`R2VMG),!E`L`:Q8`C<42]`H MELD`BB6`%4O@AF()&L4R&4"Q!+!B"=Q0+$&C6"8#*)8`5BR!&XHE:!3+9`#% M$L"*)7!#L02-8ID,H%@"6+$$;BB6H%$LDP$42P`KEL`-Q1(TBF4R@&()8,42 MN*%8@D:Q3`90+`&L6`(W%$O0*);#`13+&%8L8S<4R[A1+(?8VZ']YG._^=QO M/O>;S_WF<[_YW&\^]YO/">[']9O/T:CVF\_)>L!O/O>;S_?.E-]\[C>?QQMM M/N>N#)\4>]"WK[]\TMF%7O:@WHWNJR^#']"V]3Z0 MZHUFXK;[XD,DUN*>T)!<@4;=N-Y'H2R2#-BYQ?$0]9!U,'HQ6[V=@R2W]LOA MQ"W4./HI5WH[]UAN5]7%2<7JX[B+N-BJZQB8V>[:N\5Z%SWN/OD^'K`PAM'< M+>XUQ3*PEO9]1,]']%I<^H@>SHVIB^AA59'_KB)ZVY#F(WITUMI^H(@>SL+[ M#QK1PUF_\1&]5+F&["-Z0T;T4+*B?[B(WC8J[`>-Z!U2GV5\_Q&]"7Y$3XK` MVRC[O5S/N&1Y&"U^C0M:-X_CG8Y^&LD?Y?\4O_MS^<.C\I='?]:__9=%7>GO M+73GUW/\>HY?SR%W8_H,;9^A[==S?KSU')^A[3.TOZ/U')^A364]QV=H^PQM MGZ']8Z_GH*RN-RLWFBQ?E0&QYUX%$3,FU%W]*@#>L[?\$__]W[5\JHV'X%9_ M$ZS3JT:L2.[%6GZ,LMDB$=_;+L;+,`^O%DPL:(`GVZG6(,_$&F3]R^I52/'[ MHS]E#WXETJ]$^I5(OQ))X,;TF64^L\RO1/YX*Y$H2S<_ZDKDL.MB/^)*)$[1 M5K\2:5Z)1%'0?B72KT3ZE!7(K^?EA561(F6`47]=CQJ[<7%F>:Y[][D1Z1782HIXU7G=^$:1H*9^IN3L".+*,J ML*BGD!.;<-F-H0%V])EM M@44]K/QK^!8M5\N+U7*U*)Z<8HE!U+E_8E.NTJ:/7-7QEQ3_ILZZA&_8EIX3 M-AP`Z@'H1FSYGEYA:B&Y7A8U":?QMU4Z>PXSEED^(9O^ M!ED';3H0U(/:*XR7U3K4YB\RNY9DG6,''_78=P,R_2L,;N&<"]9>7SB'Q?>? MV&E\RZ+XE64YFU]&K]&3Z6S9GRV("SF>, M`D3SA^XJ(F1)SP\@7-1S[=>00*22IQ'Y+/NK-SX'B)^8Z.^ MA4-/)W$"D4^TKU[MY[-9LHKSRH'G6<;R;L@:M*1'*0@7];S['A(3L4[0B7S> M_?HRD&KBI;2@1Z02)NJI]],7)M9^XZ=J+5BS^*HWHT>J'JMD%B=:V(.A6X(% M+5W@M[\,.T%2:W'X5.Q5$:O!P,=*9T:/7#W65<;[38H[.5R(S*$H2:/\G;]S M&]8GU).*VI)09.:Q]#6:L6#\$(`>M&]&SZ/VV&T\3+X@67NXT_0N6D:+,+U) MXHU\;&I(V\LF]-*7*!KS(EF^)#$?4U!,+^0[6^L&"WMZ[%N`EJ2C:,\:SWA# MTO7VA$G7@Y:DHZC7&L]D0]+U]H1)UX.6I*/H63NJ'2)8"]7FZWQ&_>M\/OO7 M*N+(/J_BN?@L\0F)T7F6;>BYTA)XO7*-;^M?H&>,[8:AG053L&R),T?DT64W/,A)!R6.D-;;T:/=#U6 MR2S.!LPN#%W:-F3H`+O]Q.U#%)W;`W+;/]I.8^,`J[?ML^L.431L]=GXG"1Y MG.0L,VPS4-G1(Q8`*\E%T:KRFRSSSL*`6[*/N=\TNV452Y^2_/EKF.5<>!4KWHY=$[+L M&W!+]C%WK&;\OXNPU+73QYLD3MELE8JM#=H<$.]R2?9P3%_7A`(,3-FI)SQ<;P95TS=)?I%P`(L*DR#J@)76>.W`EQ9@"N$(BK)T,H)K;J"PF;BISEXB7F"7C`\CJ'AQX&J8R=X[Q2>5*G,G6/\J&%\`)7=A6.8(JG,76-<8):,#R"Z;?,8`7/JC`-9C2=(1:3: M<"X621;%3W9\]XVIL]U'++G&*:K,X>7LZ5V]_-R[2H_-'D1)'TJX5_9NU#N0 M(5U2`2US@A*1E4#J3/:+))[Q(:6J[3TF8[H\ZQ!+KE%THX"J/XV&\"M@#5Y] MR#469<9'7V=$DTC@D3]%47$"A'&6I3.BR2DPHSI%T6D"A&$>I3:AR:=VSG2* M4X"70_B29.QK$K-W!8VM:S3Y:P&4Q.&4U17OER2>B[VK6?08L?D=9V353>K1 MF]&D4XU5,HMVGESAT:]A^CO+1:*0@M2>!4T^>S`EE6C'&]XD^74L#F6=7[(7 M_J[AO_K._Y!'^4I59MNF!4VJC;`E]2AJJGBW*Z,3:U=H4MF-,IRB"*2B9UT9 MSNY%HL3UBVV>H@D>!6-4>:K9.4/1-I_"5.RUS<_C>>NPZN(D5;5*M&E`CUD; MU))W%/W30F&4E@9;>FP;`$NB4411"\MU7/Q+T'.]6*RR8EDF^^\PC<*':!'E M[]/'N?0"V^Z:T MF>[CE2SC5/-10_F-/=Q%N;@/4O#U`;5QAO]HLP`G:TJ>V`K=E%$7IM M(`'_B@*DEI=I_PE,X8D#%)ZT*$27,KS_4YC"4P/]G,(5G#E!XUJ(079WP`4'JI+Q,F\(28TTANCKA_4/JI+Q,GL*6.@G0U0GO M'U(GY67R%+;428"N3L2`8`K)JY,28TTANCKA_4/JI+Q,GL*6.@G0U0GO'U(G MY67R%+;4R1A=G?`>(7527B9/84N=C-'5">\?4B?E9?(4MM3)&%V=\/XA=5)> M)D]A2YV,T=4)[Q]2)^5E\A2VU,EX`'72*[71OTR=PE8IC6`\@#H)8'42.*!. M@I8Z&0^@3@)8G00.J).@I4[&`ZB3`%8G@0/J)&BID_$`ZB2`U4G@@#H)6NID M/(`Z"6!U$CB@3H*6.ID,H$X"6)T$#JB3H*5.)@.HDP!6)X$#ZB1HJ9/)`.HD M@-5)X(`Z"5KJ9#*`.@E@=1(XH$Z"ECJ9#*!.QK`Z&3N@3L8M=3)!42B&[^$&Z[OK(J&K'HN[A M*<>4?4[2`NU-DD\+O//K^%N:9"]\(+U".ANVI>PNJP'4GD$1<&*W[GTBLKA+ M>%7-_34/:&SH,:T!*AD]1-T/U`6C2/^'3>GQ"^.M:4;1?#HLEA2[1&^+6A0M M^$OT],RR_+]6'`M+%^_Z-P-H28]@$&[-,8I8K#>%*B$![PJH`3W&;5#7Q*-( M3!C11J2[1WB+;!0Q^B7YP^Y%`AG2(QE"6Q.,*D:5B("W"&!/CVX+T#7KJ#I5 M"6@3QIUCN\4TBG"T*]KF4*4V4WFVX!!%]G5AB)W]ILH%EFWHY:EDT#^MRK4-?$HPC'HN^;Y)+-5S-!S^1R_/+[\.W MW@'M=DWHD6^'NZ8?NV!A<4/\RH%4D]7/C`,)%[?]:8MM(WHNL$5>.P&["&&! MJBCJLF"O89S?)_RVN*S.ZC2X0=^,OB/TV&M78%$%GKM!^Q:A@4L_I)&Y3@R>`=O1]`8"OO8%= M\[!\6C&M+8+TN)T2=_Y^QEW??L, MHM>-62@V#1QRG>JY'430&[)3S.;T2==GJQSC).Z^\NG[$[,H1@@8TJ,90EL3 MC)/6JT"BK5`(V[I!LZ)>X3%.]F\?C"I*HS=S@M].A.88)RNXCT.>*V_B5MHY M0:X$6[.+DS"L`=+;B**WCMGV&WO(SW&V039!W(7 M%;/]JK:JF>6NO1-L=T'7K./LF^P#`BOT&LV=X%Q3K_<8112VCD*\8Z^,8WC_ M>\06<_5LV6A-CW`CY)IO%"VHA:.;/-LT<(AUQ33Z!$41ZA"I#L0QV+I#]_J1 M.,$)BC34@;$DV25^6]2B:$$%COOP[>I?J^@U7/"16?*L:N,$Z2K@M0=0)./] M2C"KN[=^+4"+0G3"GZ9=J7DYBPJ2>;_Z++,__2/JSB/\O=; M]A0)I'&N>(VJ3>@1J\8I3^]&B=K5^SX52P_=B_0(["*LC_9NJ/N/G]MHO_"6 MY9^[?UT;!'O+63QOTL]ZPXCNGCGD[&^S9/ES,8++9+9:\M]K\-ZMELLP??\U M+MAD\ZK)U[N+ZZLE2Y^B^*F<]V7G611>W7^N!Q;EHK<#_K^S8/332/XT_Z?X M]9_+GQ]5OS_ZL^[A+VY1]3(2W8QD/Z.JHY'H:22ZPKJKBCBI]K:JKN[_G2$I M;.4QR#^=OT7=;%NC]1`/@H93\108\=;'F>"\H67GE\DRC+JZH7MQ""XM;X/:9E[0N>6V M$5-15O!R='`\'A>L\#_\XTY\62:'QVUNQ>=DP7L4FWX+?+KM``9;>BN/!L#-5GZTHK6?5_%\ M^L+$]JWXJ=EA#9"^03MZ#M@`?).#@^","L356[A\6;#?HOSYELW9LH@Z@][8 MI"$]=VR"7@H9E(=C'=A-LI4WH&;4?0%AEYY`K<$*\JXSHL>R#JF<5`]21\%V MNQUI9@&PDER@SV,2J"_/LG\%L:B6B[[KD'[`A3V@=;!U-0R;UCLR2>V]"K MLB1,L`IN?7HOXNQ7_?AW+](CLHNP.;87CSMCY1?`CBRC4)T7E(EK9_U$G6.N M,Z)'JPYI4_D?XWW:70A1LZHWH\>K'FM3:@-#9B5I_I@LHN2>XTQ>6:HI`ZLU MH\>L'JN,>J)\H'HPM`H6,'2`W?Y[%N=8O>JY,99!`NSHL0N`E:\%%'DE7TJR M=*-8#WHR<@R8DZ4:P"P91]%C$LZMJ-P[?;QZFQ4U?(L0C(%UN`E=YF'<=5(0 M_EHZ*"JZ-F3Y[0*5A&+*LPK#IW=1!\2&UHXE=7([<"7%F!]`&0RQ%'.`.76R M`6DW1I%V*M^KE0AH29WG#EQ),8K2TT?X-KW!#4VI.\&$7WH%127JH=D_!$`K MEWRA>3@&R,"P53Z`.77B`1TTQIR55W`,E5]-QM39UE9]G:#,P>\XO)P]O:NG MB;VK]-CL093TX:P[5[T;OY.0(5U2@6_@!&5F(F#JX_6$;\LU>)(RE`PUT;/Q M=M09T202N@W1\K>-7WZ=$4U.@:_\!&5>)4`8ONUJ$YI\ZK_CJ-F0Y_'<[HQ! MFP;TF+9!+7G'/J=@DS-=W'CW&@#7^[U0SSD&[V8';MWN?8IS!KKLW7B30H9T M285N3Y2E=PG$.$N`#.GR"\P6<(\Y-\P8]&9TN=7.''#.-/_ACB3&."*L6[ M7_`::5/B6[1<+2]6R]6B^&X7=7+*M+SI*TNGXEA.9V,2.TO']^LV4;5YV1KQW>C',*2HFIA>1Z^9)D;#Z-OZW2V7.8LL$O$92SO%FH%+8GR"F)&W7'70V)BUQU.D7?/K4-4S8Y?ZZ+/]?%G^M"[L;TY[KXL"?Z[+#E[4_UT7-E#_7Q?5S79!3\*"S)-(PSHI0^5:)>9/UQ+RRHY'H M:51W-9)]C?YL>OO+Y^Q9%KG49.T!=L3>XP!2S,R]?JE-7>X>:#D$N<9[0EU* M=+`,OCA\8F+Q2:RM`F$+G1E9BO605QGO/BGB:^%"?&BC)(WR=ZYZ.@EZA#_! M[8FLF,>R]#6:L6#\$(!^M&]&UJ_V0[#P;!H&:('B1+%^2F`\M**)-<@Q:;UC8DW6"!7;4),`:SWA#[O7V]+G78T=- M`*SQ3#;D7F]/GWL]=MR2^E:,N\>S%K'-!_R(^@?\?/:O5<21"9U=Y"_$.RS=IBGN3A`N=AX3?+;V$DLJ#36Q8M'U9I5D@X MK=-L&I!UH@UX&Z>>4G\'WK#<^/AI;,@Z3X/7QE_;K"[L]B'TN6P^E\WGLI&[ M,7TNF\]E\[EL/I?-Y[+Y7#:"5/M<-K(>\+EL/I?-Y[+Y7#9:N6SKAY5\,'WM M<#U]K?KM4?7C/E]MX[-Q-,EJ.B-B;VD=3,PT->4A;+I,-9/Q(*H1O"&TY\P- ME*RVCD4@.0A`DJ6)"]1*K'O*3N/S1JQ/JF)<$[.;)@ZY:;*_Y+)A_71D]M.1 M0WXZLO/3-DMA@_HI.##Z*3APQT\"JXV?QH/[R\'$S'S?S<3,?-Z,<-[M)FH+`'XRA'8$QM'\?W22C MIB\?4MMX<:[M*JOPFKH!L1>[#>3APFYM/!N%X."&PR^>0C<3[!9*8;HV+HN0 MG_&1``P?C5.;..V""?.J3`0X<9E.9.^^!(^0"#3`<0P!-9>ZZ M!\08=EVFP8?#?#C,A\/(W9@^'.;#83X\.$P'P[S MX3`?#J,5#BLKE=^+"CBW+%^E<68,?GT*4W'N;K,^T@J"'2OKH!<_/ZI^?V0; M[!K]C^SI?W^HL)<<==&;)M*EL2'VFM:@Q(QGE7=@>>M=A*HC;9460Q`)^KV8 M6JB08D:?U@#H`H$Z(_J4]F-Z*"&E-H9K/K$L''L9YA"Q'3ORW';PH@:,VCB" ML[-N>*)_F3R;)4S4F$^G^VZ@N7_9!1*#W8=M-B%Q#),X=H/$UB8RG%6%]>Z[ M$??^91=(;`71418$.MT?PB0>ND'B8;=T-2Z)W.P&B))MPHS+HFG,(FG;I!XVBV-C$OB&4SBF1LDGK4B M5=@D\AXAQ5)>)D]B"5.2B*Y8>/>08BDONT!BHUC&Z(J%=P\IEO*R"R0VBF6, MKEC$D&`275`L)4Q)(KIBX=U#BJ6\[`*)C6(9HRL6WCVD6,K++I#8*)8QNF+A MW4.*I;SL`HF-8AFC*Q;>/:18RLLND-@HEC&Z8N'=0XJEO.P"B8UB&:,K%MX] MI%C*RRZ0>-;*],(GL;<%I'_9`1);NSHF`RB6`%8L@1N*)6@4RV0`Q1+`BB5P M0[$$C6*9#*!8`EBQ!&XHEJ!1+),!%$L`*Y;`#<42-(IE,H!B"6#%$KBA6()& ML4P&4"P!K%@"-Q1+T"B6R0"*)8`52^"&8@D:Q3(90+$$L&()W%`L0:-8)@,H MEN#_S]Z_-3>.(UO#\%_1U7>U>[]#]_O0_3YTOP_=[T/W^]#]/G2"6W/]/G0T MJOT^=+(>\/O0_3[T;\Z4WX?N]Z''@_:A&CXKMZ.^LRGPD;4BONE%O3/XR!6U.WJ?2#UR\W$K?P.1"368DQH2*Y!H^ZV[J-0 MEDX&[-SB>,#AISN=JHGZ#=;=7R\NK+=ST'O8!7XU./II77H[]UC^%D5\A[)\ M&W%!U]1*,+,MV[O%NHS>Y@TU<_`-!1;U,)J[Y5--H8^/6EWPT4@?C?312'(# M4Q>-Q"J&_UU%(W+>E^*);6K>,E>E>-58T,S_*(! MNU6MSZDQ_&-$@'$6^7P$.+52>X?4'Q,?68;@6WB8?-#OAXM8[Y*1\8-&K,FO M17W_$>M]_(BU6"BXB;+?JS6OK7N*1UQSCU\>2GB?AE_L_BQW^N?GU2 M_?SDKZ:#OZU+J']OH6F__.>7__SR'[F!Z3M6(%0>P8:U$1MEBE13?6QGC>9B'%RM6+&B8 MSW-4+4>>%,N1S<^K%R2+3B9_B6[\HJ1?E/2+DGY1DLS`]#F)/B?1+TK^>(N2 M'Y;`\(/E)))/MOI1%X+'79;\H1:"+3+6]JD_)GZ!^9TYB0?4/>P7KOW"M6[A MFOS.@N]_X1JE&KE?N/Y(#G]AX3**'[44-M,96>AJJJ.SH@>K3JD@E.4>:<,(EEMUO%UN);CK(`=?68[8`6Y M**?C?`E?H_5F?;99;U;EDU,N710G@#RR.5=I\P>NZOA+BG]3%S+A`]O2<\+` M&Q".02D::,26/_5#`W9M''1$!;R)#"(ZH(/D:ET6:IW'7S?IXBG,6&;YA`S] M#;(.&GHCPF$HLK#&>%ZO0PU_D=FU).L<._C")2@ZTX!,_PJ#6SCG@NW7%XH* M[3^Q\_B&1?$+RW*V/(]>HB6+ET6P8BMX8?#+.WZ.K-/><4_"HRBB]X8MV;J< M@/,98P&B_8.\B@A9TO,#"%=0C+,\VT4"D4J>QI8X%-U[\ MH0!802Z*`.[@T--)G,"6,DQ9>[I8))LXKQUXFF4LET/6H"4]2D&X@F),@=HB M,1'K!)V=%"C\M2W5Q$MI08]()4Q!)4Y4\)D5:[_Q8[T6K%E\U9O1(U6/53"+ M$RWLP=`MP8*6+O#;7X:=(:FU.'PL=S45J\'`QTIG1H]CYU%[[#8>)I_SV+W=>7H;K:-5F%XG\2`?FQK2]K() MO?`EBL8\2];/2#9SJ0=+T]8=+UH`7I M*.JUP3,;2+K>GC#I>M""=!0]:T>U0P1KH5IM.:'^=3Y=_+&).+++3;PL/DM\ M0F)TGF4;>JZT!"ZVN#\B4^@/"Q\EO853$JM(;%JWO-VE6JC&M MOVP:T/.?#6H;?Y*OK'W-&PU!GE>C-ZI.NQ"F91Q'H/AB[- M'#)T@-U^HOD^BB[O`;GI'_2IL7&`U9ON29[[*)J[_AQ=)DD>)SG+#-LB5';T MB`7`"G)1M+7XUHO\N"K;RL0Q8$Z6:@!SL\\4D_&;(O]B_M#)Q#"R#C>ARSR, M6["/J8T_I2S\_3F)XKPH;%AD&&@TLM*0+--*M()?E(AT#\B7*"[R.*[*W,WR MJ!Q6K9BA(=0`MHU//$PWJ7ALEJ^.DO6ZRC+BD1:M5<, M3D5T3LNP;<`OV,7?89OR_ MJ[#2M?.'ZR1.V6*3%ELQM#ES@UK2]845?.$2%#FZ%0NY9G\6C^>GL-R_=)'E MT9KK#3#2HVU"SPEVN`7[*&(5"%\8G#"H)3U?#((O7((I=[.MT?)+R.'QF^!( MHCA,WQJLC,57\6*UZ=0*EX,\PW^'GKO><3/">:AR^H;/]/C86=XE-^QAQ1;Y M&7_-,MUT%S"GZPH]YJ:&*";CUTE^EG``JQI30=3YAMTE\I.N<<&`]G1],N`F MA),P5??%:[A^7L'%860;LF3+0`6AF#*[QO#I[5\LU$1(0$OJY$IP!<6X.KE$ M8EN4!S"G3C90HN<04QMO^5Z]502TI,ZS!%=0C"F`:R0%CKT`Y%:84"=5X+3( M4SC&C`J>-CTY<\M%UTN[D'SKA,C2E[E,3_J:<]`A3WPXT^TD9T,HE M7Z@G:T(%9L'X"+*Z!P>>AJG,G6-\UC(^ALJ6X<"3*I6Y M@%#1VKM'DKP-0$(=V2MMU$B^+O:M9]!"QY2UG9",G]>C-:-*IQBJ8 M19%,!8S2HU_"]'>6%XE""E)[%C3Y[,$45*(=QWB=Y%=Q<3CM\IP]\W<-_]4W M_H<\RC>*>:=5"YI4&V$+ZE'45/EN5T8GMJ[0I%*.,ARC"*2R9UW94/DB4>+Z MQ4%/T`2/@C&J/+7LH&B;3V%:[+7-3^-EY]#N\N17M4JT:4"/61O4@G<4_=-! M8926!EMZ;!L`"Z)11%$'RU5<_JN@YVJUVF3ELDSVSS"-POMH%>5O\X?JGGH' ML^_V&Z0=,^1&A,-0=%<'XSPN\VCFZ6>6`3Z1S$C3+F$5S.+4ZVEAG"Z74963 M5,W`K^(E>]4SK#$GS;0&LV` M@.$.-"%-/X!;L(\B#L7<%IZO.S`Y[YWHO8A4[SU4C5D_ M+/56U/+@P,])N)1?S69SNF3K,3>4H\C+TSC>A*L*KWJM36E!CU@ES(9+%`6Y M!4&W"*CJA//Z1.JLOD*>RHDRFZ M.N']0^JDNDR>PHXZF8Z@3GJU-OJ7J5/8J:413$=0)P&L3@('U$G042?3$=1) M`*N3P`%U$G34R70$=1+`ZB1P0)T$=G4Y@^DN!05QCQ_?OB]8]00.J)Z@HWIF M(ZB>`%8]@0.J)^BHGMD(JB>`54_@@.H).JIG-H+J"6#5$SB@>H*.ZIF-H'H" M6/4$#JB>H*-Z9B.HG@!6/8$#JB?HJ)[9"*IG"JN>J0.J9]I1/3,4U2-R@(UE M;2!#>K1":!N"43210&*H<:,WHTNNMM9-,$/12@+'#0NS)+YE1?8Z6YZMPBP[ MCQZXC.!W=\GOYVJ]9LLHS-GJ[6O*%JS8K_&5<1$B%R+YB!^DZZ[WW%7C6-3- M0=4]99=)6J*]3O)YB7=Y%7]-D^R9WTBO0L_`MI3=974#PC/[*`*NV`9\EQ39 MX16\6GEO>4!C0X]I#="&4=1]1C(8Q;8"V)0>OS#>AF84S:?#8DFQ2_1VJ$71 M@K]$CT\LR_^QX5A8NGK3OQE`2WH$@W`;CE'$8K/;5`D)>%=`#>@Q;H.Z(1Y% M8L*(!I'N'N$=LE'$Z.?D3[L7"61(CV0(;4,PJAA5(@+>(H`]/;HM0#>LH^I4 M):`AC#O'=H=I%.%H5PW.H1)PIKIOP0&*[)-A%!4#3!41+-O0YUP#O/$`BDR4 M077*0_''+WYD\EJ630/ZW*M0-\2C",>R[^ODG"TWBX*>RR0MSCD7!Z/?A:^] MD]_MFM`CWPYW0S]V)<1R0/S*@=23U4O&@82KF_ZTQ;81/1?8(F^<@%W=L$15 M%HM9L9@[0H^]<05V.<02USQFY?+P_.'T@4^\.++; MI^1/>59IW8J^([30&S]@%TDL8?&7Y"J,*[IJ7.5SFQH\`;2C[PL`?.,-%%W; M>UH'5"?6-J#//U0E[0"[B&*)J(FW5\%&=>E>$=+:+4B+TR5]YW^;^VZ&SRAZ MW9B%8M/`(=PK1LT*^H@'N)D__;!J*(T>C,G^)4B-(A.WPLX) M<@58FZU!AP?DMP9I;K"WP45OYX[7.EM>#G%V9JJ!]'>YZNV<8;>[[_409]-F M'\AM5*J(NA:LF679W@FV9=!6;Z)C!]]$8*5BH[D3OM34+3Y$$;&=,R%OV0OC M&-[^%;'54CV[-UK3(]P(6?!]A*)=M7!TDWV;!@ZQKICV'Z$H6!TBUPA6_,TN>56V<(%T%O/$` MBL2]>XK2_`W^2FILZ#&L`=HPBA(4ED#HOH-Z,_*\JKYY*-IS&X?J2Z>TH$ZH M_%5#49K;$$`:Z3/8(0\ETMKT;OQ:@9:$:06_3!^EY)8LJDCF_Y!9YG_Z]T6< M<]%_PQZC`FF<*UZC:A-ZQ*IQ-L>88T09FWVJBJ4'^2(]`F6$[0E_+7?_\W,7 M[F?>M/JS_->MNV"O.8N7;;Y<[SZBVR>..?OO1;*NUI#.D\5FS7^O!7R[6:_# M].W7N*23+>LF7V[/KB[6+'V,XL=JXI>=)7'&&Z?G4;9(6;F^E;Y=W%TVMQKE M1?=[>WO!7C#Y:2+ZXO\LNONYZF]2=SCYJ^GR;VY1=SLI^IV(CB=USQ/1]62K M[TG1.=;(*V._VJ%77_WV[Q5!:B MXJ+S\V0=1K*VD"^.P:7E<.AR*^`B4_F9/8:KZE.B&*B]J\0&9@]?S=Y'+378 M32>4PW#[TAB\:5S;SAVD(;>+EHVRDI>#O:J$\I9-H_/"P43W6\*>C+E*\-H39-J(^P/_ESM MQOAIO"PW/@YC7F[EF`=D^+4G^]4EV5&=RJ5[76C-K+6@OT':PJ9Q9G MI8H]/#XZ4`[6_N5QF5*[MZ"LC[2FZHCZ+*.])^77L'^9J@OZ2&L7H`0>]$M3 M-9$J`V+/O0KB.[3$;D/Q*5GQ'HN-S"4^W18'@RV]U4D#X+9`!%HAWLM-O)P_ MLV)+6OS8[AH'2!_0CIX#!H!O$Z00G%&#N'@-U\\K]EN4/]VP)5N7D6G0&T,: MTG/'$/1"R*`\'-O`KI.=O`$UH^X+"+OP!&HA)I!WG1$]EG5(Q:1ZE`(=MEL( M23,+@!7DH@S83OD;6Y[MFM"CW`ZW8!\E?-T"5M<14URGQZL"9$TBR@B>W_^' M:X/H15.*K7^9'H-]C)@Y%$WO7].HB+_KGGO`CC"E?;"J)(MO3^XM6R3QTH9> ME25A@E5PF\.B$6>_ZL=?ODB/2!EA>THT'G?&:C:`'5E&H=HU*!-7:?U$G8>N M,Z)'JPYI>SX$QOM47@A1LZHWH\>K'FM;L05#9B5I_I"LHN2.XTQ>6*HI;:LU MH\>L'JN(>N)45I5A:!4L8.@`N_WW+,YIB_5S8RSM!-C18Q<`*UX+*/)*O)1$ M.C1R#%@3I9J`+-@'$6/"3@W137B^XH2EU)YCP"Z^@J$0]-/N'`&CE MDB\T#\<(&1BVR@5'IL]B((^G'7GNG?C=Q(RI$LJ\`V#WA8;D%3U"&DJ%6]&P< MCCHCFD1"PQ`M?]OXY=<9T>04^,K/4.95!0C#MUUM0I-/_7<<-1OR-%[:G9MH MTX`>TS:H!>_8AUX,.:?&C7>O`7"SWPOU[&9P-#LP=.5QNH^R;BEZ-PY2R)`N MJ=#P1%EZ%T",LP3(D"Z_P&QA'T4("""&&8/>C"ZWVIG#_BB'$'[WQRSOCW*F MH#_%;G^4TP/]*63CG"K^(Q]"MG6*.%)1P=O%$UMN5DQ*'?V82H+3R4\3T4'Q MS[:/2=')Y*_=:P?^_;T5#QR2IZRI!J"U(E820(MSQ+H`VH+9@-T8M!I&@BH+ MO%\W&VG?XFNTWJS/-NO-JORTEZ5TJLR]^0M+Y\5II,6IHVFTZ)T<,:PM44<, MO`O,'65&:'G_V&K+-JXZ(]\ZLQKG%)L*4P?)U?HYR=AR'G_=I(NG,&.9Y:,R M]#=H>VGHW:#N9JLQBESDX:\UNY:T/61W#Z@[Y0S(]&\TN(6;?MA^F^&O41++DZ*HGI;1?8,SGG'S]'VW#MN#'4_7YM.QV^H`-'^ M08Z[0I9$G0%B1JV?M84$8M8-+I'W1G8VIH!C%+`CRBJ`&+FD6(-#SZD++")O MSZM?]Z>+1;*)\]J+IUG&.L#)5_3.[>;#MWK^IY M4G0]:?J>B,XG?[7=_^W3^G8NE:E)[`/LB+WJ`:28R7W]@IVZ]#[0<@QRC6-" M79!TM"2_.'QDQ?I4L?P*1#9T9F0IUD/>9+S[I`S!A:OB6QPE:92_<6$DY?`1 M_DIWY[K%5)>E+]&"!=/[`/2C?3.R?K6_!0L_UVF"CCAZGMY&ZV@5IM=)/,C5 MIH9..-MT$Z@YA&?)^CF)^:T%94!*W(/6&Q;V9)U@@1TU3[#!,QW(O=Z>/O=Z M[*@Y@@V>V4#N]?;TN==CQRW,;\6X>SQK$=M\P`^H?\!/%W]L(HZL4-YEBD.\ M-/K0L@U9CUKB1TXP-)#N%,.[/BZ[+#_F21ZNC4QM]`IE/(/,)9.0&ID\@\PED M/H',)Y#Y!#*?0$:0:I]`1M8#/H',)Y#Y!#*?0$8K@6S[$)&/SAG;W\X9JSN; MU+WY)+$/.-9&DR&F,R+V(M?!Q,P-4YZ?IDL/,QF/(BS!`:$](FZD#+%M+`62 MO0`D69BX0*W`^HU2POC4$NNKJ[BOF=E-,X?<-/MV&5WC^NG`[*<#A_QT8.>G M75;+1O53L&?T4[#GCI\*K#9^FH[N)Q]:\Z$U'UHC-S!]:,V'UGQHS8?6?&C- MA]8(4NU#:V0]X$-K/K3F0VL^M$8YM':=M(5Z/SK,=@"&V?YK+S+7Q3,H2@BISEUTA M[@'ST"8#&CA>IS)WW@$SY`.;#'#@2)S*W'D/'"`73H#A&&)L*G/7/5#7 M3_`1,Q\Q\Q$S<@/31\Q\Q,Q'S'S$S$?,?,2,(-4^8D;6`SYBYB-F/F+F(V:T M(F953?&[HCS4#55CLAJ,9Z'JP%JEQ1A$@GXO9Q\JI)@! MJBT`NEBASH@^I?VP'TK4J8OABL\]2\>>ASE$K&1'GEL)+VI,J8LC.#F1(QC] MR^39K&"BAH6D[N58=/^R"R0&'Q_9&4+B%"9QZ@:)G:UH.`L/V]W+0?G^91=( M[,394=8,I.[W81+WW2!Q7ZXZC4NBG)S0O^P"B9U\`Y2RSU+WAS")AVZ0>"@7 M=,8E\0@F\<@-$H^0BRM+W1_#)!Z[0>+QQU=2'D+B"4SBB1LDGG2"6=@D\AXA MQ5)=)D]B!5.0B*Y8>/>08JDNNT!BJUBFZ(J%=P\IENJR"R2VBF6*KEB*6X)) M=$&Q5#`%B>B*A7/>08JDNNT!BJUBFZ(J%=P\IENJR M"R2VBF6*KEAX]Y!BJ2Z[0&*K6*;HBH5W#RF6ZK(+)+:*98JN6'CWD&*I+KM` MXDDG&0R?Q-XND?YE!TCL;/R8C:!8`EBQ!&XHEJ!5++,1%$L`*Y;`#<42M(IE M-H)B"6#%$KBA6()6LI^J[K?JNZWJONMZGZKNM^J[K>J M$]R]Z[>JHU'MMZJ3]8#?JNZWJG]SIOQ6=;]5/1ZT59V[,GQ4[%C_Z-K.1]*> M]:I?]=YU7]EYI\]MUY45E9I=[*`EL5<]B!5U1WL?2/W^,W$KOR81B;48$QJ2 M:]"H&[+[*)0%F`$[MS@><,KJ3L=WHGZF=??7"QWK[1ST'G:98`V.?N:7WLX] MEK]%*>"A+-]&7/,UY13,;,OV;K$NH[=Y0\T>CA\C_(RS?.C#SZF5CCRD_ICXL#8$W\+#Y"../URX M?)=TD!\T7$Y^E>O[#Y?OXX?+Q1+$393]7JVFG;,\C%:_QB6M'Q4D/Y[\-!%= M\7\6O?U<=3>I^IO\U?3X]SM*O']O<7&_]NC7'OW:([F!Z3=+^,T2?NWQQUM[ M])LE_&:)[V&URF^6H+*JY#=+^,T2%%9_R"]=?O^K/RB5>]IU'DT*OM6(%0?$82U61MEBE13?6QGC M>9B'%RM6+&CL<"2E:L7RI%BQ;/I3KUD6O4[^$OWZ=4N_;NG7+?VZI8/KECYG MTN=,^G7+[W?=\L/2('S.9(?T]^1,DD\&^U%7H<==$_VA5J$M,NKVJ3\F?G7[ MG3F3!]0][%?-_:JY;M6<_,Z'[W_5'*54NU\U_T@.?V'ADD^9M10VURFOC3<@ M4:MDS.__P[T;O3`UA_W+]"CL8T2M@-%T_S6-UER(V@!UA3OM@MXM88)%[ MRQ9)O+2A5V5)F&`5W(\N.`%2?/'ZS.),\_S+%^D1*2,4W*%\@NK.K\,T#0MG MZ@8G8$>6415802Y*9D$Y0WM*5KS+2\:RLU!53TAG1(]6'5+!*K,^VZPWJ_+)*9DY8>`-",>@E$LT8LN?^F$%NS8..J("WL0<$1W007*U+HO6 MSN.OFW3Q%&8LLWQ"AOX&60<-O1'A,!196&,\K]>AAK_([%J2=8X=?.$2%)UI M0*9_A<$MG'/!]NL+187VG]AY?,.B^(5E.5N>1R_1DL7+(EBQ%;PP^.4=/T?6 M:>^X)^%1%-%[PY9L74[`^8RQ`-'^05Y%A"SI^0&$*RC&69[M(H%()4]C2QR* M[KUXY7.`^)&91B9@1X]0`*P@%T4`=W#HZ21.8$L9IJP]72R239S7#CS-,I;+ M(6O0DAZE(%Q!,:9`;9&8B'6"SDX*%/[:EFKBI;2@1Z02IJ`2)RKXS(JUW_BQ M7@O6++[JS>B1JLJT5"W(Q\SF-7$A89?RQ]B18LF-X'H`?MF]'SJ#UV&P^3SWGLWNX\O8W6 MT2I,KY-XD(]-#6E[V81>^!)%8YXEZ^4F7A:?)3XA,3K/L@T]5UH"%\Y#T=M&MMV@=M<'9$K]`>'CY+

;-"O5F-9?-@WH^<\&M?`9BI2_9KGQT=#8T&-7`U00BA+W-'NX M./)N_G#'TG44AXHUOYU^@9XS=KH-X2J4^.G7),T?DE64W/%;2#@L=8:VWHP> MZ7JL@ED4\=N#H4O;A@P=8+>?N+V/HG-[0&[Z1X9J;!Q@]:9[)N@^BH:M/QN7 M29+'2,G$,F).E&L#<[-O$9/RFR&>8 M/W0R&XRLPTWH,@_C%NQC:LU/*0M_?TZB."]*RQ01>XWF5!J295J)5O"+$N'M M`?D2Q45>Q%69"UD>C<.J%8C3=8'/Q+JQN0.^,-Z#\!"*JJSAB8?Q+@V7U7+0 M6;)>1UE6)*:JO6)H0M83!MR"?@R-&MV,(U M^[-X/#^%Y7Z@BRR/UEQO@)$3;1-Z3K##+=A'$:M`.,#@A$$MZ?EB$'SA$DRY MFVV-EE]"#H_?!$<2E56V!5;&XJMXL=IT"G_+09/AOT//7>^X&>$\5#E]PV=Z M?.PL[Y(;]K!BB_R,OV:9;KH+F--UA1YS4Y,3D_'K)#]+.(!5C:D@ZGS#[A+Y M2=>X8$![NCX9+&9F8?S1SQT5Q<1-9>X2\0*S8'P$6=V#`T_#5.;.,3YK M&1]#9X:XP5FP?@(HMLVCQ$PI\XXD-5X MA%1$J@OG;)5D4?QHQW??F#K;?<2":YRBRAQ>SA[?U,O/O:OTV.Q!%/2AA'M% M[T:]`QG2)172,B@160&DR60_2^(%OZ54M;W'9$R79QWBYF0EK#-I]*?1$'X% M;,$3E*%HO*)GXZ.O,Z)))/#('Z.HN`*$<9:E,Z+)*3"C.D;1:04(PSQ*;4*3 M3^VU2QZB-CREC.R MD9-Z]&8TZ51C%9*J6B7:-*#' MK`UJP3N*_NF@,$I+@RT]M@V`!=$HHJB#Y2HN_U70<[5:;;)R62;[9YA&X7VT MBO*W^4-U3[V#SG?[#=*.&7(CPF$HNJN#<1Z7>33S]#/+`)](9J1IE[`*9G'J M];0P3I?+J,I)JF;@5_&2O>H9UIB39EJ#63".4\>G`^C(,4?'U`;9SA708N'("BZ#J8OH99?IZ4NYSX M`Q?Q7V>7&WXOP'`'FI"F'\`MV$<1AV)N"\_7'9B<]T[(WD,1B*)[XSP<,J3+ M*G1*]AZJQJP?EGHK:GD0W^3E:1QOPE6%5[W6IK2@ M1ZP29L,EBH+<@J!;A-,9$6=4<1#Y'HK*ZZ*XXA_3TK/G_2J,@!UM:B6P#;LH M2J\+)."S$(#4ZC)M+BN,#84HTDWJ7T[D[U\F3V'0H1"G<,UV_U.8PJD#%$X[ M%*(H*ZE_>7-#_S)Y"F<="E'DD=3_/DSAO@,4[K<4!B@*2>I?WO#1OTR>PH,. MA2@:2.K_$*;PT`$*#SL4HFL:WO\13.&1`Q0>=2A$ES*\_V.8PF,'*#SN4(@N M7'C_)S"%)PY0>-*A$%V=\!N"U$EUF3:%%<:&0G1UPON'U$EUF3R%'742H*L3 MWC^D3JK+Y"GLJ),`79T4-P132%Z=5!@;"M'5">\?4B?59?(4=M3)%%V=\!XA M=5)=)D]A1YU,T=4)[Q]2)]5E\A1VU,D479WP_B%U4ETF3V%'G4S1U0GO'U(G MU67R%';4R11=G?#^(752729/84>=3$=0)[U:&_W+U"GLU-((IB.HDP!6)X$# MZB3HJ)/I".HD@-5)X(`Z"3KJ9#J".@E@=1(XH$X"N[JL M>@('5$_043VS$51/`*N>P`'5$W14SVP$U1/`JB=P0/4$'=4S&T'U!+#J"1Q0 M/4%']LV44YFSU]C5E"U;LU_C*N`B1"Y%\Q`_2 M===[[JIQ+.KFH.J>LLLD+=%>)_F\Q+N\BK^F2?;,;Z17H6=@6\KNLKH!X9E] M%`%7;`.^2XKL\`I>K;RW/*"QH<>T!FC#*.H^(QF,8EL!;$J/7QAO0S.*YM-A ML:38)7H[U*)HP5^BQR>6Y?_8<"PL7;WIWPR@)3V"0;@-QRABL=EMJH0$O"N@ M!O08MT'=$(\B,6%$@TAWC_`.V2AB]'/RI]V+!#*D1S*$MB$858PJ$0%O$<"> M'MT6H!O6476J$M`0QIUCN\,TBG"TJP;G4`DX4]VWX`!%]LDPBHH!IHH(EFWH M2W+I@%][E6H&^)1A&/9]W5RSI:;14'/99(6 MYYR+@]'OPM?>R>]V3>B1;X>[H1^[$F(Y('[E0.K)ZB7C0,+537_:8MN(G@ML MD3=.P*YN6*(JB\6LV$L8YW<)'Q;G=N`*['&*):QZS'-GM4_*G/*NT;D7?$5KHC1^PBR26L/A+`-K1 M]P4`OO$&BJ[M/:T#JA-K&]#G'ZJ2=H!=1+%$U,3;JV"CNG2O"&GM%J3%Z9*^ M\[_-?3?#9Q2];LQ"L6G@D.L4S^WA*(+>D)UB-J=/NCY;Y1`G%3]\?F461 M0\"0'LT0VH9@G+1>!1)MY4/8U@V:%740#W&R?_M@5%$:O9D3_$H1FD.<$N0*LS=:@PP/R6X,T-]C;X**W<\=KG2TOAS@[,]5`^KM<]7;. ML-O=]WJ(LVFS#^0V*E5$70O6S+)L[P3;,FBK-]&Q@V\BL%*QT=P)7VKJ%A^B MB-C.F9"W[(5Q#&__BMAJJ9[=&ZWI$6Z$+/@^0M&N6CBZR;Y-`X=85TS[CU`4 MK`Z1ZF0@@ZT[=&^?#10+>/45I_@9_)34V]!C6`&T810D*2R!TWT&]&7E>5=\\%.VY MC4/UI5-:4"=4_JJA*,UM"""-]!GLD(<2:6UZ-WZM0$O"M()?IH]2B_88]1@33.%:]1M0D]8M4XFV/,,:*,S3Y5Q=*#?)$>@3+" M]H2_EKO_^;D+]S-O6OU9_NO67;#7G,7+-E^N=Q_1[1/'G/WW(EE7:TCGR6*S MYK_7`K[=K-=A^O9K7-+)EG63+[=G5Q=KECY&\6,U\WM[01!,?IJ(G^;_+'[]Y^KG)_7O3_YJ>OB;6]2]3(IN)J*?2=W1I.AI4G2% M-:S*P*YV7-57O_U+0U#82;P0?SI]C>3T8*/U&$^"AM/B,3#B;9X+G%>TZ/P\ M68>1+!SDBV-P:3DS]U'K"'9S!>4P MW+XT!F\:U[83`VG([2)4HZSDY6#O<#HM6>%_^/`SBI6G6V.,OF\7DA3Z+[34%/IGQE&*UI4FV$_<&?J]T8/XV7 MY:[&8UEK@;Z#5>7,XJS0K'O' M1_L'RL':OSPN4VKW%I3UD=94'5&?9;3WI/P:]B]3=4$?:>T"E*B"?MVI)E)E M0.RY5T%\AY;8;2@^)2O>8[%+N<2GV[]@L*6W]&@`W%9_0*NR>[F)E_-G5NPW MBQ_;+>$`Z0/:T7/``/!M]A.",VH0%Z_A^GG%?HORIQNV9.LR[`QZ8TA#>NX8 M@EX(&92'8QO8=;*3-Z!FU'T!81>>0*VR!/*N,Z+'L@ZIF%2/4GW#=G\@:68! ML()%6`K$E$&<'S^_]P;1"] M:.JL]2_38["/$3-!HNG]:QH5T7;=VM"KLB1, ML`IN(JK9^HD\QU1O1H MU2%M#W_`>)_*"R%J5O5F]'C58VW+L6#(K"3-'Y)5E-QQG,D+2S5U:[5F])C5 M8Q513YRRJ3(,K8(%#!U@M_^>Q3E*L7YNC'6;`#MZ[`)@Q6L!15Z)EY*H-5FL M!ST:.0;,R5(-8!:,H^@Q`>>F*#4\?[AX791%A\L0C(%UN`E=YF'<35(0_EHZ M*"ID&[+\RD`%H9CRK,;PZ:TH,&)#JV1)G5P)KJ`8\P,H@B&68@XPITXV(.VF M*-).Y7NU$@$MJ?,LP144HR@]?81OZ``W-*7N!!-^X144E:B'9O\0`*U<\H7F MX1@A`\-6^0#FU(D'=-`4PS&4JC494V=;6Z9VAC('O^7PQDN[0Q%M&M!C MV@:UX!W[1(LAA]"X\>XU`&[V>Z$>S`R.9@>&KCQ.]U'6+47OQD$*&=(E%1J> M*$OO`HAQE@`9TN47F"WLHP@!`<0P8]";T>56.W/`.?'^ASM#&>=L>W]$76\X MCW(TH#]B;)PCPW_D$\:VC@A'JAAXNWABR\V*2:FC.Y4)G$Y^FHC?*_[9_N2D M^,W)7[:%`?_^WBH##DE"UFSUUUH1V^^OQ3GBIG]MJ6O`;@Q:#2-!E>+=KWB- MM"GQ-5IOUF>;]695?K?+.CE56M[\A:7SXAS1XKS0-%KTSGP8UI:H(P;>!>9V M,2.TO'_@M&4;5YV1;YTVC7/^3(6I@^1J_9QD;#F/OV[2Q5.8LJU1A%HO'PUYI=2]H>LKL'U&UP!F3Z-QKHB57'D7%O*T*>@;GO./G:'ON'3>&NEFOS97C-U2`:/\@!U4A M2Z+.`#&C%L?:0@(QZP:7R!L?.[M.P#$*V!%E%4",7"^LP:'GU`46D??>U:_[ MT\4BV<1Y[<73+&.Y7*@5M"3**X@9=<==#XF)77;'^NRZZ<^G-=Z%#MSW4A MZP%_KLL'OJS]N2YJIORY+JZ?ZX*<@@>=)9&&<5:&RG=*S)MM)^95'4V*GB9- M5Q/1U^2OMK>_?99%+3=8>8$?L/0X@Q\B;CW2=E?"U<%1_:*$FC_(VK'BE!C_`GN#N1 M+>:Q+'V)%BR8W@>@'^V;D?6K_2U8^+G.`73$T?/T-EI'JS"]3N)!KC8U=,+9 MIIM`31`\2];/2(>M-ZPL"?K!`OLJ$F`#9[I0.[U]O2YUV-'30!L M\,P&;-"LEG-9I M-@W(.M$&O(U3CZF_`Z]9;GS\-#9DG:?!:^.O7587/O8A]+EL/I?-Y[*1&Y@^ ME\WGLOE<-I_+YG/9?"X;0:I]+AM9#_A<-I_+YG/9?"X;K5RV[<-*WIF^MK^= MOE;_]J3^<9^O-OAL'$VRFLZ(V%M:!Q,S34UY")LN4\UD/(IJ!`>$]IRYD9+5 MMK$42/8"D&1AX@*U`NLWRD[C\T:L3ZKBOF9F-\T<NG`[.?#ASR MTX&=GW99"AO53\&>T4_!GCM^*K#:^&DZNI]\W,S'S7S[#:0QPN[=?$,"L'!#<=?/(4&$^P62F&Z+BZ+D)W* MW&57B'O`//G)@`8.QJG,G7?`#/G4)P,<.,RF,G?>`P?(!1I@.(8`FLK<=0\4 M]_#191I\.,R'PWPXC-S`].$P'P[SX3`?#O/A,!\.(TBU#X>1]8`/A_EPF`^' M^7`8K7!85:G\KJB`<\/R31IGQN#7IS`MSMUMUT]/;(-= MD_\5/?W?#Q7V$G==]J:)=&ELB+VF-2@QXUG5"*R&WEFH.M)6:3$&D:#?RZF% M"BEF]&D+@"X0J#.B3VD_IH<24NIBN.(3R]*QYV$.$2O9D>=6PHL:,.KB"$Y. MY/!$_S)Y-BN8J#$?J7LYT-R_[`*)P<>';8:0.(5)G+I!8F<3&]"^[0&(GF0"E=K34_2%,XJ$; M)![*5:%Q23R"23QR@\0CN0HS+HG',(G';I!X+)=&QB7Q!";QQ`T23SJ1*FP2 M>8^08JDNDR>Q@BE(1%TBQ5)==(+%5+%-TQ<*[AQ1+==D%$EO%,D57++Q[2+%4 MEUT@\:23Z85/8F\+2/^R`R1V=G7,1E`L`:Q8`C<42]`JEMD(BB6`%4O@AF() M6L4R&T&Q!+!B"=Q0+$&K6&8C*)8`5BR!&XHE:!7+;`3%$L"*)7!#L02M8IF- MH%@"6+$$;BB6H%4LLQ$42P`KEL`-Q1*TBF4V@F()8,42N*%8@E:QS$90+`&L M6`(W%$O0*I;]$13+%%8L4S<4R[15+/O8.Z/]/G2_#]WO0_?[T/T^=+\/W>]# M]_O0"6[-]?O0T:CV^]#)>L#O0_?[T+\Y4WX?NM^''@_:A\Y=&3XJMJ._LRKS MD;0AO>I&O3'=UV2V^)9V_501I]FB#EH2>X^#6%&WJ_>!U"\W$[?R.Q"16(LQ MH2&Y!HVZV[J/0EDZ&;!SB^,!AY_N=*HFZC=8=W^]N+#>SD'O81?XU>#HIW7I M[=QC^5L4\1W*\FW$!5U3*\',MFSO%NLR>ILWU,S!-Q18U,-H[I9/)?`V+MTG MX%(?Y?113A_E)#UAQN.=LN5F4H9++)+UD+*L/_\CF53SE(7IA2N3ZN,=>\T_\]W_7\JDV'H-;_2#8IE>-6'&H'=9*9)0M M5DGQO94QGH=Y>+%BQ8*&^8Q,U7+D2;$D&RZ&3RE^C&+TKZ14F_*.D7 M)[]HKUNT)[^KXOM?M$>I;N\7[3^2PU]8N.03;2V%S77* M2_,-2-3:(_/[_W#O?789J& MA3-U@Q.P(\NH"JP@%R6QH9RA/24KWF6Q&G86JJHTZ8SHT:I#*CA%F7?*()+5 M9AU?AVLYQ@S8T6>V`U:0BW+:TI?P-5IOUF>;]695/CGETD5QHLPCFW.5-G_@ MJHZ_I/@W=2$3/K`M/2<,O`'A&)0BE$9L^5,_A&'7QD%'5,";J"BB`SI(KM9E MX=]Y_'63+I["(LIA]X0,_0VR#AIZ(\)A*+*PQGA>KT,-?Y'9M23K'#OXPB4H M.M.`3/\*@ULXYX+MUQ>*"NT_L?/XAD7Q"\MRMCR/7J(EBY=%L&(K>&'PRSM^ MCJS3WG%/PJ,HHO>&+=FZG(#S&6,!HOV#O(H(6=+S`PA74(RS/-M%`I%*GL:6 M.!3=>_'*YP#Q(S.-3,".'J$`6$$NB@#NX-#329S`EC),67NZ6"2;.*\=>)IE M+)=#UJ`E/4I!N()B3(':(C$1ZP2=G10H_+4MU<1+:4&/2"5,025.5/"9%6N_ M\:-(050OONK-Z)&JQRJ8Q8D6]F#HEF!!2Q?X[2_#SI#46AP^ECNZBM5@X&.E M,Z-'KAZK14+@!^V;T?.H/78;#Y//>>S>[CR] MC=;1*DRODWB0CTT-:7O9A%[X$D5CGB7KYR3F]Q24TXMFIX'.#1;V]-BW`"U( M1]&>#9[I0-+U]H1)UX,6I*.HUP;/;"#I>GO"I.M!"])1]*P=U0X1K(5JM>6$ M^M?Y=/'')N+(+C?QLO@L\0F)T7F6;>BYTA*X(8,"=+-8"YV6>*R?A- MD7\Q?^AD8AA9AYO091[&+=C'U,:?4A;^_IQ$<5X4=2PR##0:66E(EFDE6L$O M2D2Z!^1+%!=Y'%=E[F9Y3!"K5DQ.UP4^$^O&Y@[XPG@/PD,H`>T:GG@8[])P M62U?G27K=91E12*MVBN&)F0]8<`MV,?<'YO=L)JE3TG^]"7,GL-R_=)'ET9KK#3#2HVU"SPEVN`7[*&(5"%\8G#"H)3U?#((O M7((I=[.MT?)+R.'QF^!(HCA,WQJLC,57\6*UZ=1)EX,\PW^'GKO><3/">:AR M^H;/]/C86=XE=3G.,_Z:9;KI+F!.UQ5ZS$T-44S&KY/\+.$`5C6F@JCS#;M+ MY"==XX(![>GZ9,!-""=AJNZ+UW#]O(*+P\@V9,F6@0I",65VC>'3V[]8J(F0 M@);4R97@"HIQ=7*)Q+8H#V!.G6R@1,\AIC;>\KUZJPAH29UG":Z@&%,`UT@* M''L!R*TPH4ZJP&F1IW"X2W'SG*5860J*&YN9?31SQ$#E[?%,O/_>NTF.S!U'0AQ+N M%;T;]0YD2)=42,N@1&0%D":3_2R)BP,/4]7V'I,Q79YUB)N3H+#.T-&?GD/X M%;`%3U"&HO&*GHV/OLZ()I'`(W^,HN(*$,99ELZ()J?`C.H81:<5(`SS*+4) M33ZU@(`[ME+;K)%X6>U>SZ"%BRUO. MR$9.ZM&;T:13C54PBR*9"ABE1ZL#IHM$(06I/0N:?/9@"BK1CF.\3O*KN#B< M=GG.GOF[AO_J&_]#'N4;Q;S3J@5-JHVP!?4H:JI\MRNC$UM7:%(I1QF.4012 MV;.N;*A\D2AQ_>*@)VB"1\$859Y:=E"TS:81N%] MM(KRM_E#=4^]@]EW^PW2CAER(\)A*+JK@W$>EWDT\_0SRP"?2&:D:9>P"F9Q MZO6T,$Z7RZC*2:IFX%?QDKWJ&=:8DV9:@UDPCE/'IP/G)8Q6]:/U]8EK'X#M MOBEMIOMX!E+N< M^`,7\5]GEQM^+\!P!YJ0IA_`+=A'$8=B;@O/UQV8G/=.]-Y#$8BB>^,\'#*D MRRITJO<>JL:L'Y9Z*VIY<.#G)%S*KV:S.5VR]9@;RE'DY6D<;\)5A5>]UJ:T MH$>L$F;#)8J"W(*@6X33&1%G5'%P^AZ*RNNBN.(?T]*SY_TJC(`=;6HEL`V[ M*$JO"R3@LQ"`U.HR;2XKC`V%*-)-ZE].Y.]?)D]AT*$0IW#-=O]3F,*I`Q1. M.Q2B*"NI?WES0_\R>0IG'0I1Y)'4_SY,X;X#%.ZW%`8H"DGJ7][PT;],GL*# M#H4H&DCJ_Q"F\-`!"@\[%*)K&M[_$4SAD0,4'G4H1)G508&PK1U0GO'U(GU67R%';4R11=G?`> M(752729/84>=3-'5">\?4B?59?(4=M3)%%V=\/XA=5)=)D]A1YU,T=4)[Q]2 M)]5E\A1VU,D479WP_B%U4ETF3V%'G4Q'4">]6AO]R]0I[-32"*8CJ),`5B>! M`^HDZ*B3Z0CJ)(#52>"`.@DZZF0Z@CH)8'42.*!.`KNZG,%TEX*"N,>/;]\7 MK'H"!U1/T%$]LQ%43P"KGL`!U1-T5,]L!-43P*HG<$#U!!W5,QM!]02PZ@D< M4#U!1_7,1E`]`:QZ`@=43]!1/;,15$\`JY[``=43=%3/;`35,X55S]0!U3/M MJ)X9BNH1.<#&LC:0(3U:(;0-P2B:2"`QU+C1F]$E5UOK)IBA:"6!XX:%61+? MLB)[G2W/5F&6G4^ZJ<2SJYJ#JGK++)"W17B?YO,2[O(J_IDGVS&^D5Z%G8%O*[K*Z`>&9 M?10!5VP#ODN*[/`*7JV\MSR@L:''M`9HPRCJ/B,9C&);`6Q*CU\8;T,SBN;3 M8;&DV"5Z.]2B:,%?HLY5J!OB481CV?=UHEXT#"U4U_VF+;B)X+ M;)$W3L"N;EBB*HO%K-A+&.=W"1\6YW7.CL$-^F;T':''WK@"NQQBB6L>LW)Y M>/YP^L`G7AS9[5/RISRKM&Y%WQ%:Z(T?L(LDEK#X2W(5QA5=-:[RN4T-G@#: MT?<%`+[Q!HJN[3VM`ZH3:QO0YQ^JDG:`742Q1-3$VZM@H[ITKPAI[1:DQ>F2 MOO._S7TWPV<4O6[,0K%IX)#K%,_MX2B"WI"=8C:G3[H^6^40)W'WA4_?'YE% MD4/`D![-$-J&8)RT7@42;>5#V-8-FA5U$`]QLG_[8%11&KV9$_Q*$9I#G*S@ M/@YQ8+V)6V'G!+D"K,W6H,,#\EN#-#?8V^"BMW/':YTM+X>LR5OVPOB]O?TK8JNE6C48K>DYT@A9^.H(11-KX>A$A$T#AUA7R(DC M%&6L0Z0Z<<_?]/>ZV8/+31'3!_UGT\G/5S:3N9_)7T]/?W*+N;5)T-Q']3>H. M)U6/DZK+2=$GUC@K(\C:@59?_?9O$<%E)\-#_.GT-9+SD(W68SP:&DZ+Y\*( MMWE0<-[9HO/S9!U&LI*0+X[!I>5PZ'(KX")3^9D]AJOJPZ$8J+VKQ`9F#U_- MWD*)UAD1>[!U,&M? MH*S)]C$H'W2]V2B<@H-`3:WT'L#)":O3TEDVC\\+O1+=;PIZ,N4KPVA-DVHC M[`_^7.W&^&F\++=/#F->;N68!V3XM2=P=FTU[[U25)5YX*I7M=:,VLM:"_0= MK"IG%F>%>-T[.3B>*@=K__*X3*G=6U#61UI3=41]EM'>D_)KV+],U05]I+4+ M4,(,^H6HFDB5`;'G7@7Q'5IBMZ'XE*QXC\5VZ!*?;J.$P9;>6J0!<%MF`JV< M[^4F7LZ?6;&Q+7YL]YX#I`]H1\\!`\"WZ5`(SJA!7+R&Z^<5^RW*GV[8DJW+ M.#3HC2$-Z;EC"'HA9%`>CFU@U\E.WH":4?<%A%UX`K6<$\B[SH@>RSJD8E(] M2ID/VXV(I)D%P`IR409LIXB.+<]V3>A1;H=;L(\2K&X!JZN1*:[3XU4!LB81 M903/[__#M4'THBGHUK],C\$^1LR,B:;WKVE4A-UUSSU@1YC2/EA52L6W)_>6 M+9)X:4.ORI(PP2JXS9'3B+-?]>,O7Z1'I(RP/6L:CSMC31S`CBRC4`4T/64"XWTJ+X2H6=6;T>-5C[6M^X(ALY(T?TA647+'<28O M+-44R-6:T6-6CU5$/7'JL\HPM`H6,'2`W?Y[%N?,QOJY,1:(`NSHL0N`%:\% M%'DE7DJBJ&6Q'O1HY!@P)TLU@%DPCJ+'!)R;HJ;Q_.'B=5%6-RY#,`;6X29T MF8=Q-TE!^&OIH*B0;BDHD-K9(E=7(EN()BS`^@"(98 MBCG`G#K9@+2;HD@[E>_52@2TI,ZS!%=0C*+T]!&^H0/ MFOU#`+1RR1>:AV.$#`Q;Y0.84R<>T$%3S%EY#<=0$]=D3)UM;3W<&1$$?SKISW;OQ.PD9TB45^`;.4&8F!4Q]O)[PL-R")RA# MR5`K>C8.1YT132*A88B6OVW\\NN,:'(*?.5G*/.J`H3AVZXVH]4 MB&%MB3IBX%U@[A\S0LO[1UU;MG'5&?G6.=#W^MV;6D[2&[>T#=%V=`IG^CP2W<],/V MVPSGQ)S>LSN/;U@4O[`L9\OSZ"5:DY=8!%Y,U[]NC]=+))-G-=>/,TRELN56T%+HKR"F%&WX/60F-AUAU/D[73; M$%5S,Z4%43:56#]Z-YT_Z,4?].(/>B$W,/U!+_Z@EQW94;G.'_1"Y<'V![WL MRJD_Z(4.U?Z@%[(>\`>]?.#+VA_THF;*'_3B^D$OR#EYT.$2:1AG9:C\79EZ ML^U,O:K#2='CI.ER(OJ<_-7V^K=/XAM:!E.3Q@?8$7NQ`T@Q4_GZQ3AUR7R@ MY1CD&L>$NMCH:"E]\R7CW21EP"U?%ES=*TBA_ MXS)(RM@C_$WNSFR+B2U+7Z(%"Z;W`>A'^V9D_6I_"Q9^KI,"'7'T/+V-UM$J M3*^3>)"K30V=<+;I)E`S!L^2]7,2\UL+RO"3N`>M-RSLR3K!`CMJ5F"#9SJ0 M>[T]?>[UV%$S`AL\LX'A^20TGX3FD]!\$II/0B-(M4]"(^L!GX3FD]!\$II/0J.5A+9] M[,@'Y9WM;^>=U7U,ZDY\HMGNQ]YHLLQT1L1>VSJ8F/EERO/5="EF)N-19"0X M(+1'R(V49;:-I4"R%X`D"Q,7J!58OU%:&9](8GUC%?/L>V^6M?UG56\3=V`V)O>!O)X<;@NGD$Q.;CA^*NIT&""W4(I M;M?%91'#4YF[[`IQ#YB'.AG0P-$YE;GS#I@A'^AD@`/'W53FSGO@`+G4`@S' M$%%3F;ON@>(>/KK@@H^/^?B8CX^1&Y@^/N;C8SX^YN-C/C[FXV,$J?;Q,;(> M\/$Q'Q_S\3$?'Z,5'ZN*C]\5-7)N6+Y)X\PZ&O8I3(NC==MUDDY4[%!9XKSL M9E+W,QD<_9K\K^CR_WZH.)BXZ[(W3>A+8T/LO:U!B1G@JH9B-0;YT"KXD"<@ M*HLQB`3]7LXU5$@QPU%;`'2109T1?4K[03Z4&%,7PQ6?:9:./0]SB%C)CCRW M$E[4"%(71W!R(L?^91=(##X^CC.$Q"E,XM0-$CO; MS'"6&;:[ET/P_(1=?EKH_ADD\=H/$8[F:,BZ))S") M)VZ0>-()76&3R'N$%$MUF3R)%4Q!(KIBX=U#BJ6Z[`*)K6*9HBL6WCVD6*K+ M+I#8*I8INF(I;@DFT07%4L$4)*(K%MX]I%BJRRZ0V"J6*;IBX=U#BJ6Z[`*) MK6*9HBL6WCVD6*K++I#8*I8INF+AW4.*I;KL`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`L/DP_)_G#Y!+ODR_R@^03D%P:__WR"??Q\ M`K&Z3PW.6A]'JU[BD]9U9!,>3GR:B!_[/HI.?JUXF53>3OYJ._AY> M\?Y[2QSPBZA^$=4OHI(;F'[OB-\[XA=1?[Q%5+]WQ.\=^1[6IOS>$2IK2'[O MB-\[0F&MA_Q"Y?>_UH-2R*A=U='L,5`9$'ON51`QXUORRE@)\(Z]YI_X[_^N MY5-M/`:W^D&P3:\:L>*\/*RER2A;K)+B>RMC/`_S\&+%B@4-^_,X5>N3)\7Z M9-.->H6RZ&SRE^C.KU+Z54J_2NE7*>D-3)_JZ5,]_2KEC[=*^6$I#C[5D_0B M$XE43_(Y;#_J\R-^`1*V',K__#_``NP(<]H'NUVN!(O<6[9(XJ4-O2I+P@2KX&Z7#_G& M%-KG7[Y(CT@9H>`.Y1-4=WX=IFE8.%,W.`$[LHRJP`IR45(DRAG:4[+B M718K8F>AJG*4SH@>K3JD@E.4>:<,(EEMUO%UN):#TX`=?68[8`6Y*$="?0E? MH_5F?;99;U;EDU,N713'WCRR.5=I\P>NZOA+BG]3%S+A`]O2<\+`&Q".02F, M:<26/_4#'79M''1$!;P)IR(ZH(/D:EU6)9['7S?IXBDL(AUV3\C0WR#KH*$W M(AR&(@MKC.?U.M3P%YE=2[+.L8,O7(*B,PW(]*\PN(5S+MA^?:&HT/X3.X]O M6!2_%('9Y7GT$BU9O"R"%5O!"X-?WO%S9)WVCGL2'D41O3=LR=;E!)S/&`L0 M[1_D543(DIX?0+B"8ISEV2X2B%3R-+;$H>C>BU<^!X@?F6ED`G;T"`7`"G)1 M!'`'AYY.X@2VE&'*VM/%(MG$>>W`TRQCN1RR!BWI40K"%11C"M06B8E8)^CL MI$#AKVVI)EY*"WI$*F$**G&B@L^L6/N-'T4:HGKQ56]&CU0]5L$L3K2P!T.W M!`M:NL!O?QEVAJ36XO"QW!-6K`8#'RN=&3UR]5@M$N)FY',>NY*PR/ACZ4NT M8,'T/@`]:-^,GD?ML=MXF'S.8_=VY^EMM(Y687J=Q(-\;&I(V\LF],*7*!KS M+%D_)S&_IZ"<7C2[#71NL+"GQ[X%:$$ZBO9L\$P'DJZW)TRZ'K0@'46]-GAF M`TG7VQ,F70]:D(ZB9^VH=HA@+52K+2?4O\ZGBS\V$4=VN8F7Q6>)3TB,SK-L M0\^5EL"%\U#TMI%M-ZC=]0&94G]`^#CY+8R*6%5ZPZ+U_2;-2C6F]9=-`WK^ MLT%MXT_R!`.5FJ`L)`V[! M/N;^V.R&U2Q]2O*G+V&6<^%5KB`N>WE&=DW(LF_`+=C'W&%;U$-;A96NG3]< M)W'*%INTV(JAS9D;U)*N+ZS@"Y>@R-&M6,@U^[-X/#^%Y?ZEBRR/UEQO@)$> M;1-Z3K##+=A'$:M`^,+@A$$MZ?EB$'SA$DRYFVV-EE]"#H_?!$<2Q6'ZUF!E M++Z*%ZM-I^*Z'.09_COTW/6.FQ'.0Y73-WRFQ\?.\BZI2W*>\=1G"0>PJC$51)UOV%TB/^D:%PQH3]_L5"380$M*1.K@174(RKDTLDMD5Y`'/J9`,E M>@XQM?&6[]5;14!+ZCQ+<`7%F`*X1E+@V`M`;H4)=5(%3HL\A<-=BIOG+,7* M4E#&SXJ M<-KXZ,0E'UTG[4[^H1,N0U/J/C7A;\I)CS#U[4"SGY0!K5SRA7JR=C2":NZB MLIBXJ-CJ&P9#CRI4ID[Q_A!R_@(*EN& M8Y@BJ5'IL]B((^E'"OZ-VH=R!#NJ1"6@8E(BN`-)GL9TE< M''B8JK;WF(SI\JQ#W)P$A76&CO[T',*O@"UX@C(4C5?T;'ST=48TB00>^6,4 M%5>`,,ZR=$8T.05F5,&TRW/VS-\U_%??^!_R*-\HYIU6+6A2 M;80MJ$=14^6[71F=V+I"DTHYRG",(I#*GG5E0^6+1(GK%P<]01,\"L:H\M2R M@Z)M/H5IL=^H=S+[;;Y!VS)`;$0Y# MT5T=C/.XS*.9IY]9!OA$,B--NX15,(M3KZ>%<;I<1E5.4C4#OXJ7[%7/L,:< M--,:S()QG#H^'3@O8;2J'ZVO3US[`&SW36DSW<B]QZ*0!3=&^?AD"%=5J%3O?=0-6;]L-1;40J##H4XA6NV^Y_"%$X=H'#:H1!%64G]RYL;^I?)4SCK4(@BCZ3^ M]V$*]QV@<+^E,$!12%+_\H:/_F7R%!YT*$310%+_AS"%APY0>-BA$%W3\/Z/ M8`J/'*#PJ$,ANI3A_1_#%!X[0.%QAT)TX<+[/X$I/'&`PI,.A>CJA-\0I$ZJ MR[0IK#`V%**K$]X_I$ZJR^0I[*B3`%V=\/XA=5)=)D]A1YT$Z.JDN"&80O+J MI,+84(BN3GC_D#JI+I.GL*-.INCJA/<(J9/J,GD*.^IDBJY.>/^0.JDNDZ>P MHTZFZ.J$]P^ID^HR>0H[ZF2*KDYX_Y`ZJ2Z3I["C3J;HZH3W#ZF3ZC)Y"COJ M9#J".NG5VNA?IDYAIY9&,!U!G02P.@D<4"=!1YU,1U`G`:Q.`@?42=!1)],1 MU$D`JY/``742V-7E#*:[%!3$/7Y\^[Y@U1,XH'J"CNJ9C:!Z`ECU!`ZHGJ"C M>F8CJ)X`5CV!`ZHGZ*B>V0BJ)X!53^"`Z@DZJF@)8]00.J)Z@HWIF(ZB>*:QZI@ZHGFE']C"ZYVEHWP0Q%*PD<-RS,DOB6%=GK;'FV"K/L/'K@,H+?W26_GZOU MFBVC,&>KMZ\I6[!BO\97QD6(7(CD(WZ0KKO>-8U$W!U7WE%TF:8GV.LGG M)=[E5?PU3;)G?B.]"CT#VU)VE]4-",_LHPBX8AOP75)DAU?P:N6]Y0&-#3VF M-4`;1E'W&I-_V8`+>D1#,)M.$81B\UN4R4DX%T!-:#'N`WJAG@4B0DC&D2Z>X1WR$81 MHY^3/^U>))`A/9(AM`W!J&)4B0AXBP#V].BV`-VPCJI3E8"&,.XJ^!07@4;U:5[14AKMR`M3I?TG?]M[KL9/J/H=6,6BDT#AURG>&X/ M1Q'TANP4LSE]TO79*H(B3_=L'HXK2Z,V*T!SB9`7W<8@#ZTW<"CLGR!5@;;8&'1Z0WQJD MN<'>!A>]G3M>ZVQY.<39F:D&TM_EJK=SAMWNOM=#G$V;?2"W4:DBZEJP9I9E M>R?8ED%;O8F.'7P3@96*C>9.^%+";.5*\OM-.V=-WK(7QN_M[5\16RW5JL%H M3<^11LC"5T/G,H.$*1R#HP MEB2[Q&^'6A1-K,!Q%[Y>_+&)7L(5OS-+GE5MG"!=!;SQ`(ITOGN*TOP-_DIJ M;.@QK`':,(H2;)9`Z+Z#>C/RO*J^>2B:=AN'ZDNGM*!.J/Q50U&PVQ!`&NDS MV"$/)8+;]&[\6H&6A&D%OTP?%>9=/JS_)?M^Z" MO>8L7K9Y>+W[B&Z?..;LOQ?)NEK0.$\6FS7_O1;P[6:]#M.W7^.23K:LFWRY M/;NZ6+/T,8H?JXE?]O_2Y,_\Z>+NLKFW*"_ZV]O;"V;!Y*>)^''^S^+W?ZXZ MF-0]3/YJ^OB;6]3]3(J.)J*G2=W5I.IK4G2&-;3*H+%V;-57O_V+0Y#82>H0 M?SI]C>348Z/U&$^#AM/B43#B;9X-G->TZ/P\68>1+![DBV-P:3DS]U%K"7;S!>4PW+XT!F\:U[:3`VG([2)6HZSD MY6#O<#HM6>%_^/2,*1B$XJ MU1<69IN4*9YHG1&Q!UL'L_8%RC)L'X/R0=>;C<(I.`C4U$KO`9PTL#H3G67S M^+R0*-']IJ`G4[XRC-8TJ3;"_N#/U6Z,G\;+P)GHU;S MWBO55)GZK7I5:\VHO:RU0-_!JG)F<5:HUKW#X\,CY6#M7QZ7*;5["\KZ2&NJ MCJC/,MI[4GX-^Y>INJ"/M'8!2F1!O_94$ZDR(/;+3[8TPV-);?C0`;BM+H%7PO=S$R_DS*_:RQ8_M=G.`]`'MZ#E@`/@V`PK! M&36(B]=P_;QBOT7YTPU;LG49>@:],:0A/7<,02^$#,K#L0WL.MG)&U`SZKZ` ML`M/H%9P`GG7&=%C68=43*I'J>QAN_>0-+,`6$$NRH#MU,VQY=FN"3W*[7`+ M]E'BTRU@=0$RQ75ZO"I`UB2BC.#Y_7^X-HA>-#7<^I?I,=C'B)DDT?3^-8V* M>+ONN0?L"%/:!ZO*HOCVY-ZR11(O;>A561(F6`6W.64:8Z(WJTZI"V!TM@O$_EA1`UJWHS>KSJ ML;:E7C!D5I+F#\DJ2NXXSN2%I9J:N%HS>LSJL8JH)TY)5AF&5L$"A@ZPVW_/ MXAS36#\WQII0@!T]=@&PXK6`(J_$2TG4L2S6@QZ-'`/F9*D&,`O&4?28@'-3 ME#&>/UR\+LJ"QF4(QL`ZW(0N\S#N)BD(?RT=%!6R#5E^9:""4$QY5F/X]%84 M+[&A5;*D3JX$5U",^0$4P1!+,0>84R<;D'93%&FG\KU:B8"6U'F6X`J*492> M/L(W=(`;FE)W@@F_\`J*2M1#LW\(@%8N^4+S<(R0@6&K?`!SZL0#.FB*.2NO MX1C*X)J,J;.M+8$[0YF#WW)X.7M\4T\3>U?IL=F#*.C#67>N>S=^)R%#NJ0" MW\`9RLRD@*F/UQ,>EEOP!&4H&6I%S\;AJ#.B220T#-'RMXU??IT134Z!K_P, M95Y5@#!\V]4F-/G4?\=1LR%/XZ7=@8LV#>@Q;8-:\(Y]6L:0`V[<>/<:`#?[ MO5`/?09'LP-#5QZG^RCKEJ)WXR"%#.F2"@U/E*5W`<0X2X`,Z?(+S!;V482` M`&*8,>C-Z'*KG3GLCW)ZX7=_/O/^*(<1^N/O]D0_\NEE6\>/ M(U4-O%T\L>5FQ:34T1U+!4XG/TW$+Q;_;']T4OSJY"_[XH!_?V_5`8._MN0U8#<&K8:1H$KS[E>^1MJ8^!JM-^NSS7JS*K_=9:V< M*C5O_L+2>7%.:7$>:1HM>F<_#&M+U!$#[P)SRY@16MX_T-JRC:O.R+=.L\8Y MAZ;"U$%RM7Y.,K:(IS%AF^:@,_0W:7AIZ-ZC;U6J,(MEX^&O-KB5M M#]G=`^I6.`,R_1L-;N&F'[;?9CCGXO2>W7E\PZ+XA64Y6YY'+]&2JX^B:MY6 M%3V#<][Q<[0]]XX;0]VPU^;+\1LJ0+1_D`.KD"519X"840MD;2&!F'6#2^3- MCYV=)^`8!>R(L@H@1JX9UN#0<^H"B\C[[^K7_>EBD6SBO/;B:9:Q7"[6"EH2 MY17$C+KKKH?$Q*X[G"+OH-N&J)J;*2V(LJG$^M$;Z/S9+OYL%W^V"[F!Z<]V M\6>[[,B.RG7^;![D/6`/]OE`U_6_FP7-5/^;!?7 MSW9!3L.#SI-(PS@K0^4[)N?-MI/SJJXF15^3IK.)Z&WR5]O?WSYOS[K8I29S M#[`C]BX'D&)F[_5+;NKR]T#+,<@UC@EU2='1LOCB\)$5"U#%^BH0NM"9D:58 M#WF3\>Z3,L86KHJ/;92D4?[&E8^4I$?X,]R=S!9S69:^1`L63.\#T(_VSANMHU687B?Q(%>;&CKA;---H"8)GB7KYR3FMQ:4$2=Q M#UIO6-B3=8(%=M1$P`;/="#W>GOZW.NQHR8!-GAF`[G7V]/G7H\=M[2^%>/N M\:Q%;/,!/Z#^`3]=_+&).+)":9;C">5CX8/DMC(I,Z/2&1>O[39J5$D[K-)L&9)UH`][&J].8=O?3F&K?WU2_[S/6=OAG!Q-PIK. MB-B;6@<3,U5->2";+EO-9#R*<@0'A/;,N9$2UK:Q%$CV`I!D8>("M0+K-\I0 MXW-'K,^JXKYF9C?-''+3[-LEF(WKIP.SGPX<\M.!G9]V60X;U4_!GM%/P9X[ M?BJPVOAI.KJ??.S,Q\Y\[(S

78V772%@9^=QSM`(RC_=?D.IFTO?FPV@X+=%UW6878U`V(O=QM M((\7>NOB&12&@QN.OX`*#2;8+91"=5U<%F$[E;G+KA#W@'D*E`$-')!3F3OO M@!GR"5`&.'"H367NO`<.D`LUP'`,0325N>L>*.[AH\LU^)"8#XGYD!BY@>E# M8CXDYD-B/B3F0V(^)$:0:A\2(^L!'Q+S(3$?$O,A,5HAL:IF^5U1">>&Y9LT MSBP"8)_"M#B%MUTAZ03"#I4UT#C;W M+[M`8O#QH9LA)$YA$J=ND-C93(:SLK#=O1QU[U]V@<1.(!UE44#J?A\F<=\- M$O?E,M:X),K9!_W++I#822A`J2,M=7\(DWCH!HF' M4BS591=(;!7+%%VQ\.XAQ5)==H'$5K%,T15+<4LPB2XHE@JF(!%=L?#N(<52 M77:!Q%:Q3-$5"^\>4BS591=(;!7+%%VQ\.XAQ5)==H'$5K%,T14+[QY2+-5E M%TAL%]']7G2_%]WO1?=[T?U>=(+;<_U>=#2J_5YTLA[P M>]']7O1OSI3?B^[WHL>#]J)S5X:/BBWI[Z[.?"1M2J\Z4F].][69K;ZG75]5 MU&FVJ8.6Q-[E(%;4+>M](/4+SL2M_!Y$)-9B3&A(KD&C[KCNHU"64`;LW.)X MP$&H.YVPB?H=UMU?+S:LMW/0>]B%?C4X^JE=>COW6/X6Q7R'LGP;<5'7U$LP MLRW;N\6ZC-[F#35S\`T%%O8PFKOE4PF\C4OW";C41SI]I--'.LD-3%VD$ZO8 M_G<5Z=R%-!_II#.S^($BG1^V=/XE6T3*!<.K>,E>ES[#YWO MXX?.Q:K"393]7BV\G;,\C%:_QB6M.P?,CR<_3<1O\W\6/_]S]?N3JH/)7TT7 M?P^HY_Z]QJ%?+_3KA>0&IM\9X7=&^/7"'V^]T.^,\#LCOH?E*+\S@LJR MD=\9X7=&4%C>(;\V^?TO[Z"4Z6D7#"L!WK'7_!/_ M_=^U?*J-Q^!6/PBVZ54C5IP&A[4:&66+55)\;V6,YV$>7JQ8L:!A<\"D:DGR MI%B2;#I0+TH6W4S^$AWYA4F_,.D7)OW")*&!Z1,9?2*C7YC\\18F/RR1P2EOFZ46JI^Y7NC^3P%Q8N^1Q92V%SG?)Z=@,2M8TS[8[2(46.3>LD42+VWH55D2)E@%=[LHQ#>F M^.+UF<69YOF7+](C4D8HN$/Y!-6=7X=I&A;.U`U.P(XLHRJP@ER4;(!RAO:4 MK'B7EXQE9Z&J'I#.B!ZM.J2"4Y1YIPPB66W6\76XEH.R@!U]9CM@!;DH9_M\ M"5^C]69]MEEO5N634RY=%.>7/+(Y5VGS!Z[J^$N*?U,7,N$#V])SPL`;$(Y! M*7=HQ)8_]0,'=FT<=$0%O`DC(CJ@@^1J71:9G<=?-^GB*B/"82BRL,9X7J]##7^1V;4DZQP[^,(E*#K3@$S_"H-;..>"[=<7B@KM/['S M^(9%\0O+L$ MG9T4*/RU+=7$2VE!CT@E3$$E3E3PF15KO_%CO1:L67S5F]$C58]5,(L3+>S! MT"W!@I8N\-M?AITAJ;4X?"PW016KP<#'2F=&CUP]5HN$N!GYG,>N)"PR_ECZ M$BU8,+T/0`_:-Z/G47OL-AXFG_/8O=UY>ANMHU687B?Q(!^;&M+VL@F]\"6* MQCQ+UL])S.\I**<7XIVM=8.%/3WV+4`+TE&T9X-G.I!TO3UATO6@!>DHZK7! M,QM(NMZ>,.EZT()T%#UK1[5#!&NA6FTYH?YU/EW\L8DXLLM-O"P^2WQ"8G2> M91MZKK0$+IR'HK>-;+M![:X/R)3Z`\+'R6]A5,2JTAL6K>\W:5:J,:V_;!K0 M\Y\-:AM_DB_'?17QDPC\CBB+WYPQU+UU$<*M8H=_H% M>D[>Z3:$FU'BO5^3-'](5E%RQV\AX;#4&>5Z,WJDZ[$*9E'$>@^&+LT<,G2` MW7ZB^3Z*+N\!N>D?4:JQ<8#5"J@@%$5SUY^CRR3)XR1GF6%;A,J.'K$`6$$N MBK86WWJ1'U=E6YDX!LS)4@U@;O:98C)^4^1?S!\ZF1A&UN$F=)F'<0OV,;7Q MIY2%OS\G49P7=1"+#`.-1E8:DF5:B5;PBQ*1[@'Y$L5%'L=5F;M9GJ_#JA63 MTW6!S\2ZL;D#OC#>@_`02D"[AB<>QKLT7%;+5V?)>AUE69%(J_:*H0E93QAP M"_8Q]\=F-ZQFZ5.2/WT)LYP+KW(%<=G+,[)K0I9]`V[!/N8.VXS_=Q56NG;^ M<)W$*5MLTF(KAC9G;E!+NKZP@B]<@B)'MV(AU^S/XO'\%);[ERZR/%ISO0%& M>K1-Z#G!#K=@'T6L`N$+@Q,&M:3GBT'PA4LPY6ZV-5I^"3D\?A,<212'Z5N# ME;'X*EZL-IWBXG*09_COT'/7.VY&.`]53M_PF1X?.\N[Y(8]K-@B/^.O6::; M[@+F=%VAQ]S4$,5D_#K)SQ(.8%5C*H@ZW["[1'[2-2X8T)ZN3P;`W7SRNX.(QL0Y9L&:@@%%-FUQ@^O?V+A9H("6A)G5P)KJ`85R>72&R+\@#F MU,D&2O0<8FKC+=^KMXJ`EM1YEN`*BC$%<(VDP+$7@-P*$^JD"IP6>0J'NQ0W MSUF*E:6@N+&9V4TC>NC`[./#ASQT8&=CW8I+SRJCX(]HX^" M/3=\5."T\=&)2SZZ3MJ=_$,G7(:FU'UJPM^4DQYAZMN!9C\I`UJYY`OU9.UH M!-7<164Q<5.9NT2\P"P8'T%6]^#`TS"5N7.,SUK&QU#9,AQX4J4R=X[Q@Y;Q M$52V#,F MSG8?L>`:IP@TAY>SQS?U\G/O*CTV>Q`%?2CA7M&[4>]`AG1)A;0,2D16`&DR MV<^2>,%O*55M[S$9T^59A[@Y"0KK#!W]Z3F$7P%;\`1E*!JOZ-GXZ.N,:!() M//+'*"JN`&&<9>F,:'(*S*B.471:`<(PCU*;T.13.VK0Z&[I(%%*0VK.@R6H(F>!2, M4>6I90=%VWP*TV*O;7X:+SN'=ILS:H!:\H^B?#@JCM#38TF/; M`%@0C2**.EBNXO)?!3U7J]4F*Y=ELG^&:13>1ZLH?YL_5/?4.YA]M]\@[9@A M-R(4W=G\; MY<4X2,'7!]3&&=YEX,(!*(JN@^EKF.7G2;G+B3]P$?]U=KGA]P(,=Z`):?H! MW()]%'$HYK;P?-V!R7GO1.\]%($HNC?.PR%#NJQ"IWKOH6K,^F&IMZ*6!P=^ M3L*E_&HVF],E6X^YH1Q%7I[&\29<57C5:VU*"WK$*F$V7*(HR"T(ND4XG1%Q M1A4'I^^AJ+PNBBO^,2T]>]ZOP@C8T:96`MNPBZ+TND`"/@L!2*TNT^:RPMA0 MB"+=I/[E1/[^9?(4!AT*<0K7;/<_A2F<.D#AM$,ABK*2^I_#%.X[0.%^2V&`HI"D_N4-'_W+Y"D\Z%"(HH&D_@]A"@\=H/"P0R&Z MIN']'\$4'CE`X5&'0G0IP_L_ABD\=H#"XPZ%Z,*%]W\"4WCB`(4G'0K1U0F_ M(4B=5)=I4UAA;"A$5R>\?TB=5)?)4]A1)P&Z.N']0^JDNDR>PHXZ"=#527%# M,(7DU4F%L:$079WP_B%U4ETF3V%'G4S1U0GO$5(GU67R%';4R11=G?#^(752 M729/84>=3-'5">\?4B?59?(4=M3)%%V=\/XA=5)=)D]A1YU,T=4)[Q]2)]5E M\A1VU,ET!'72J[71OTR=PDXMC6`Z@CH)8'42.*!.@HXZF8Z@3@)8G00.J).@ MHTZF(ZB3`%8G@0/J)+"KRQE,=RDHB'O\^/9]P:HG<$#U!!W5,QM!]02PZ@D< M4#U!1_7,1E`]`:QZ`@=43]!1/;,15$\`JY[``=43=%3/;`35$\"J)W!`]00= MU3,;0?4$L.H)'%`]04?US$90/5-8]4P=4#W3CNJ9H:@>D0-L+&L#&=*C%4+; M$(RBB0020XT;O1E=>N&L>B;@ZJ[BF[3-(2 M[762STN\RZOX:YIDS_Q&>A5Z!K:E["ZK&Q">V4<1<,4VX+NDR`ZOX-7*>\L# M&AMZ3&N`-HRB[C.2P2BV%<"F]/B%\38THV@^'19+BEVBMT,MBA;\)7I\8EG^ MCPW'PM+5F_[-`%K2(QB$VW",(A:;W:9*2,"[`FI`CW$;U`WQ*!(31C2(=/<( M[Y"-(D8_)W_:O4@@0WHD0V@;@E'%J!(1\!8![.G1;0&Z81U5IRH!#6'<.;8[ M3*,(1[MJ<`Z5@#/5?0L.4&2?#*.H&&"JB AC[G&N"-!U!DH@RJ4QZ*/W[Q M(Y/7LFP:T.=>A;HA'D4XEGU?)^=LN5D4]%PF:7'.N3@8_2Y\[9W\;M>$'OEV MN!OZL2LAE@/B5PZDGJQ>,@XD7-WTIRVVC>BYP!9YXP3LZH8EJK)8S(J]A'%^ ME_!A<5[G[!C,JG]O4X`F@'7U?`.`;;Z#HVM[3.J`ZL;8! M??ZA*FD'V$442T1-O+T*-JI+]XJ0UFY!6IPNZ3O_V]QW,WQ&T>O&+!2;!@ZY M3O'<'HXBZ`W9*69S^J3KLU4.<1)W7_CT_9%9%#D$#.G1#*%M",9)ZU4@T58^ MA&W=H%E1!_$0)_NW#T85I=&;.<&O%*$YQ,D*[N,0!]:;N!5V3I`KP-IL#3H\ M(+\U2'.#O0TN>CMWO-;9\G*(LS-3#:2_RU5OYPR[W7VOASB;-OM`;J-21=2U M8,TLR_9.L"V#MGH3'3OX)@(K%1O-G?"EA-G*E>3WFW;.FKQE+XS?V]N_(K9: MJE6#T9J>(XV0A:^.4#2Q%HY.1-@T<(AUA9PX0E'&.D2J$X<,MN[0O7WF4'"$ M(I%U8"Q)=HG?#K4HFEB!XRY\O?AC$[V$*WYGECRKVCA!N@IXXP$4Z7SW%*7Y M&_R5U-C08U@#M&$4)=@L@=!]!_5FY'E5??-0-.TV#M673FE!G5#YJX:B8++#9K_GLMX-O->AVF;[_&)9UL M63?YIN)D4_$]'1I.YI4G8U*?K"&EAER%@[LNJKW_ZU(3CL MI'2(/YV^1G+BL=%ZC&=!PVGQ(!CQ-D\&SDM:='Z>K,-(E@[RQ3&XM!P.76X% M7&0J/[/'<%5]*10#M7>5V,#LX:O9^ZB5!+O9@G(8;E\:@S>-:]NI@33D=I&J M45;R`SA)8'4> M.LOF\7DA4*+[34%/IGQE&*UI4FV$_<&?J]T8/XV7Y7[)8*J3+Q6_6JUII1>UEK@;Z#5>7,XJP0K7N'QT?[RL':OSPN4VKW%I3U MD=94'5&?9;3WI/P:]B]3=4$?:>T"E+B"?N6I)E)E0.RY5T%\AY;8;2@^)2O> M8['_N<2GVQEAL*6W^&@`W-:50*O?>[F)E_-G5NQDBQ_;S>8`Z0/:T7/``/!M M_A.",VH0%Z_A^GG%?HORIQNV9.LR\`QZ8TA#>NX8@EX(&92'8QO8=;*3-Z!F MU'T!81>>0*W?!/*N,Z+'L@ZIF%2/4M?#=N%6`K$E$&<'S^_]P;1"]:"JX]2_38["/$3-%HNG] M:QH5X7;=VM"KLB1,L`IN<\8TXNQ7_?C+%^D1 M*2-L#Y?&X\Y8!`>P(\LH5/(&9>(JK9^HT\QU1O1HU2%MCY7`>)_*"R%J5O5F M]'C58VT+O6#(K"3-'Y)5E-QQG,D+2S45<;5F])C58Q513YR"K#(,K8(%#!U@ MM_^>Q3FDL7YNC!6A`#MZ[`)@Q6L!15Z)EY*H8EFL!ST:.0;,R5(-8!:,H^@Q M`>>F*&(\?[AX793EC,L0C(%UN`E=YF'<35(0_EHZ*"ID&[+\RD`%H9CRK,;P MZ:TH76)#JV1)G5P)KJ`8\P,H@B&68@XPITXV(.VF*-).Y7NU$@$MJ?,LP144 MHR@]?81OZ``W-*7N!!-^X144E:B'9O\0`*U<\H7FX1@A`\-6^0#FU(D'=-`4 MPS$4P3494V=;6P!WAC('O^7PQDN[XQ9M&M!CV@:UX!W[K(PAQ]NX\>XU M`&[V>Z$>^0R.9@>&KCQ.]U'6+47OQD$*&=(E%1J>*$OO`HAQE@`9TN47F"WL MHP@!`<0P8]";T>56.W/8'^7LPN_^=.;]48XB](??[8]RZ*`_O&R+MX8LO-BDFIH[L5"IQ.?IJ('RS^V?[FI/C1R5_6I0'__MYJ`PY) M0]9L]M=:$=OQK\4YXK9_;;EKP&X,6@TC097DW:]ZC;0M\35:;]9GF_5F57ZY MRTHY56+>_(6E\^*,TN(LTC1:],Y]&-:6J",&W@7FAC$CM+Q_F+5E&U>=D6^= M9(US!DV%J8/D:OV<9&PYC[]NTL53F+',\E$9^ANTO33T;E`WJ]481:KQ\->: M74O:'K*[!]2-<`9D^C<:W,)-/VR_S7#.Q.D]N_/XAD7Q"\MRMCR/7J(EUQY% MS;RM&GH&Y[SCYVA[[ATWAKI=K\V6XS=4@&C_((=5(4NBS@`QHY;'VD(",>L& ME\A;'SO[3L`Q"M@1915`C%PQK,&AY]0%%I%WW]6O^]/%(MG$>>W%TRQCN5RJ M%;0DRBN(&77/70^)B5UW.$7>/[<-434W4UH095.)]:.WS_F37?S)+OYD%W(# MTY_LXD]VV9$=E>O\R2Y4'FQ_LLNNG/J37>A0[4]V(>L!?[++![ZL_'F!'[$T.(,7,W>N7V]1E[X&68Y!K'!/JL+`GZP0+[*AI@`V>Z4#N]?;TN==C1TT!;/#,!G*OMZ?/O1X[;EE] M*\;=XUF+V.8#?D#]`WZZ^&,3<62%T"XS&.*ET8>6;SD1N8/IO-9[/Y;#:?S>:SV7PV M&T&J?38;60_X;#:?S>:SV7PV&ZULMNT#2]Z;P+:_G12;+E?-9#R*;@0'A/:TN9'2U;:Q%$CV`I!D8>("M0+K M-\I/XS-'K(^JXKYF9C?-''+3[-NEEXWKIP.SGPX<\M.!G9]V60P;U4_!GM%/ MP9X[?BJPVOAI.KJ??.3,1\Y\Y(S

7(V772%@5^;Q3M`(RB_=?D.IFTG?F@VO#EN:ZSK`)LZ@;$ M7NTVD,<+O'7Q#`K"P0W'7SZ%!A/L%DJ!NBXNBZ"=RMQE5XA[P#S_R8`&#L>I MS)UWP`SY["<#'#C0IC)WW@,'R$4:8#B&$)K*W'4/%/?PT:4:?$#,!\1\0(S< MP/0!,1\0\P$Q'Q#S`3$?$"-(M0^(D?6`#XCY@)@/B/F`&*V`6%6N_*ZH@G/# M\DT:9^;PUZJ,Z%/: MC^JA!)6Z&*[XU+)T['F80\1*=N2YE?"BAHRZ.(*3$SE`T;],GLT*)FK41^I> M#C7W+[M`8O#Q@9LA)$YA$J=ND-C92(:SKK#=O1QS[U]V@<1.&!UE24#J?A\F M<=\-$O?E`M:X),JY!_W++I#822=`J2`M=7\(DWCH!HF'4BS591=(;!7+%%VQ\.XAQ5)==H'$5K%,T15+<4LPB2XHE@JF(!%=L?#N M(<5277:!Q%:Q3-$5"^\>4BS591=(;!7+%%VQ\.XAQ5)==H'$5K%,T14+[QY2 M+-5E%TAL%YWHL>#=J)S5X:/B@WI[ZW,?"1M2:_Z46]-]W69;;ZF M74]5S&DVJ8.6Q-[D(%;4#>M](/7KS<2M_!9$)-9B3&A(KD&C[K?NHU"63P;L MW.)XP!&H.YVMB?H5UMU?+S*LMW/0>]A%?C4X^HE=>COW6/X6A7R'LGP;<4G7 M5$LPLRW;N\6ZC-[F#35S\`T%EO4PFKOE4PF\C4OW";C4QSE]G-/'.,E>R_]1#F'[9C3#/_;X MMPH(.C7X?XR@-,ZJHP]*IU9:Y9#Z8^*#W1!\"P^3CT/^<$'T79)$?M`@.OG% ML>\_B+Z/'T07*PPW4?9[M0AWSO(P6OT:E[3N&CH_GOPT$3_-_UG\^L_5ST^J MWY_\U?3PMWU=]^\M6NY7#OW*H5\Y)#"N'?H>$WR'Q/2Q& M^1T25!:-_`X)OT."PN(.^97)[W]Q!Z5<3[N,HTFL5QD0>^Y5$#$#6O)26`GP MCKWFG_CO_Z[E4VT\!K?Z0;!-KQJQXE0XK+7(*%NLDN)[*V,\#_/P8L6*!0V+ M8R95"Y(GQ8)D\_OJ)4/>P7_/V:]ZZ M-6_RVQ*^_S5OE.KJ?LW[(SG\A85+/D_64MA?[EB_2(E!$*[E`^077GUV&:AH4S=8,3L"/+J`JL(!K#JG@%&7>*8-(5IMU?!VNY0`M8$>?V0Y8 M02[*:3]?PM=HO5F?;=:;5?GDE$L7Q8DFCVS.5=K\@:LZ_I+BW]2%3/C`MO2< M,/`&A&-02B`:L>5/_0""71L''5$!;T**B`[H(+E:EW5GY_'73;IX"C.663XA M0W^#K(.&WHAP&(HLK#&>U^M0PU]D=BW).L<.OG`)BLXT(-._PN`6SKE@^_6% MHD+[3^P\OF%1_,*RG"W/HY=HR>)E$:S8"EX8_/*.GR/KM'?Q)0Y%]UZ\\CE`_,A,(Q.P MHT+A;))LYK!YYF&/U2(A;D8^Y[$K M"8N,/Y:^1`L63.\#T(/VS>AYU!Z[C8?)YSQV;W>>WD;K:!6FUTD\R,>FAK2] M;$(O?(FB,<^2]7,2\WL*RNF%>&=KW6!A3X]]"]""=!3MV>"9#B1=;T^8=#UH M03J*>FWPS`:2KKM"`=1<_:4>T0P5JH5EM.J'^=3Q=_;"*.['(3+XO/ M$I^0&)UGV8:>*RV!"^>AZ&TCVVY0N^L#,J7^@/!Q\EL8%;&J](9%Z_M-FI5J M3.LOFP;T_&>#VL:?Y,MR7[/<^,AI;.AY30/4QE'D5P;,([(X=F_^<,?2=12' MBC7*G7Z!GI-WN@WA9I1X[]C![I>JR"612QWH.A M2S.'#!U@MY]HOH^BRWM`;OK'EFIL'&"U`BH(1='<]>?H,DGR.,E99M@6H;*C M1RP`5I"+HJW%MU[DQU795B:.`7.R5`.8FWVFF(S?%/D7\X=.)H:1=;@)7>9A MW()]3&W\*67A[\])%.=%2<0BPT"CD96&9)E6HA7\HD2D>T"^1'&1QW%5YFZ6 MY^RP:L7D=%W@,[%N;.Z`+XSW(#R$$M"NX8F'\2X-E]7RU5FR7D=95B32JKUB M:$+6$P;<@GW,_;'9#:M9^I3D3U_"+.?"JUQ!7/;RC.R:D&7?@%NPC[G#-N/_ M7865KIT_7"=QRA:;M-B*H#P_A>7^I8LL MC]9<;X"1'FT3>DZPPRW81Q&K0/C"X(1!+>GY8A!\X1),N9MMC99?0@Z/WP1' M$L5A^M9@92R^BA>K3:?,N!SD&?X[]-SUCIL1SD.5TS=\IL?'SO(NN6$/*[;( MS_AKENFFNX`Y75?H,3"*RC&U);B"8DP!7",I<.P%(+?"A#JI`J=% MGL+A+L7-8^G:@V4_*@%8N M^4(]63L:035W45E,W%3F+A$O,`O&1Y#5/3CP-$QE[ASCLY;Q,52V#`>>5*G, MG6/\H&5\!)4MPS%,D53FKC%>8!:,CR"Z;?,8`7/JC`-9C4=(1:^Z<,Y621;% MCW9\]XVIL]U'++C&*0+-X>7L\4V]_-R[2H_-'D1!'TJX5_1NU#N0(5U2(2V# M$I$50)I,]K,D7O!;2E7;>TS&='G6(6Y.@L(Z0T=_>@[A5\`6/$$9BL8K>C8^ M^CHCFD0"C_PQBHHK0!AG63HCFIP",ZIC%)U6@##,H]0F-/G4SIF.<0H&(+6\Y(QLYJ4=O1I-.-5;! M+(ID*F"4'JW.ARX2A12D]BQH\MF#*:A$.X[Q.LFOXN)PVN4Y>^;O&OZK;_P/ M>91O%/-.JQ8TJ3;"%M2CJ*GRW:Z,3FQ=H4FE'&4X1A%(9<^ZLJ'R1:+$]8N# MGJ`)'@5C5'EJV4'1-I_"M-AKFY_&R\ZAW>7)KVJ5:-.`'K,VJ`7O*/JG@\(H M+0VV]-@V`!9$HXBB#I:KN/Q70<_5:K7)RF69[)]A&H7WT2K*W^8/U3WU#F;? M[3=(.V;(C0B'H>BN#L9Y7.;1S-//+`-\(IF1IEW"*IC%J=?3PCA=+J,J)ZF: M@5_%2_:J9UAC3III#6;!.$X=GPZN?0"V^Z:TF>[C%2SC5/-1 M0_F-W=]&>3$.4O#U`;5QAG<9N'``BJ+K8/H:9OEY4NYRX@]1EZ=QO`E7%5[U6IO2@AZQ2I@-ER@*<@N" M;A%.9T2<4<7!Z7LH*J^+XHI_3$O/GO>K,`)VM*F5P#;LHBB]+I"`ST(`4JO+ MM+FL,#84HD@WJ7\YD;]_F3R%08="G,(UV_U/80JG#E`X[5"(HJRD_N7-#?W+ MY"F<=2A$D4=2__LPA?L.4+C?4AB@*"2I?WG#1_\R>0H/.A2B:""I_T.8PD,' M*#SL4(BN:7C_1S"%1PY0>-2A$%W*\/Z/80J/':#PN$,ANG#A_9_`%)XX0.%) MAT)T=<)O"%(GU67:%%88&PK1U0GO'U(GU67R%';428"N3GC_D#JI+I.GL*-. M`G1U4MP03"%Y=5)A;"A$5R>\?TB=5)?)4]A1)U-T=<)[A-1)=9D\A1UU,D57 M)[Q_2)U4E\E3V%$G4W1UPON'U$EUF3R%'74R15SJ<@;370H*XAX_OGU?L.H)'%`]04?US$90 M/0&L>@('5$_043VS$51/`*N>P`'5$W14SVP$U1/`JB=P0/4$'=4S&T'U!+#J M"1Q0/4%']LV649BSU=O7E"U8L5_C*^,B1"Y$\A$_2-==[[FKQK&HFX.J M>\HND[1$>YWD\Q+O\BK^FB;9,[^17H6>@6TIN\OJ!H1G]E$$7+$-^"XILL,K M>+7RWO*`QH8>TQJ@#:.H^XQD,(IM!;`I/7YAO`W-*)I/A\628I?H[5"+H@5_ MB1Z?6);_8\.QL'3UIG\S@);T"`;A-ARCB,5FMZD2$O"N@!K08]P&=4,\BL2$ M$0TBW3W".V2CB-'/R9]V+Q+(D![)$-J&8%0QJD0$O$4`>WIT6X!N6$?5J4I` M0QAWCNT.TRC"T:X:G$,EX$QUWX(#%-DGPR@J!I@J(EBVH<^Y!GCC`129*(/J ME(?BCU_\R.2U+)L&]+E7H6Z(1Q&.9=_7R3E;;A8%/9=)6IQS+@Y&OPM?>R>_ MVS6A1[X=[H9^[$J(Y8#XE0.I)ZN7C`,)5S?]:8MM(WHNL$7>.`&[NF&)JBP6 MLV(O89S?)7Q8G->^,*['*():YYS,KEX?G#Z0.?>'%DMT_) MG_*LTKH5?4=HH3=^P"Z26,+B+\E5&%=TU;C*YS8U>`)H1]\7`/C&&RBZMO>T M#JA.K&U`GW^H2MH!=A'%$E$3;Z^"C>K2O2*DM5N0%J=+^L[_-O?=#)]1]+HQ M"\6F@4.N4SRWAZ,(>D-VBMFA5(M)4/85LW:%;403S$R?[M@U%%:?1F3O`K16@.<;*"^SC$@?4F;H6=$^0* ML#9;@PX/R&\-TMQ@;X.+WLX=KW6VO!SB[,Q4`^GO.4)2Q#I'JQ"&#K3MT M;Y\Y%!RA2&0=&$N27>*W0RV*)E;@N`M?+_[81"_ABM^9)<^J-DZ0K@+>>`!% M.M\]16G^!G\E-3;T&-8`;1A%"39+('3?0;T9>5Y5WSP43;N-0_6E4UI0)U3^ MJJ$HV&T(((WT&>R0AQ+!;7HW?JU`2\*T@E^FCPIS+EE4D-LCD?'B%XV^U\52QKR17H$R@C;DP-;[O[GYR[< MS[QI]6?YKUMWP5YS%B_;/+S>?42W3QQS]M^+9%TM:)PGB\V:_UX+^':S7H?I MVZ]Q22=;UDV^W)Y=7:8)=SU+.="+N\OFCJ*\Z&5O;R\X""8_3<1/\G\6O_IS M];.3^GWJ']]4OS\1/S^A'(`VY771IE)6\ M'.P=3J'>WL$7MK[OY='V+X_!CLIU!35]=%M/).&@0R=K MZ@L+LTW*%$^TSHC8@ZV#6?L"9<6UCT'YH.O-1N$4'`1J:J7W`$[&5YUTSK)Y M?%ZHD>A^4]"3*5\91FN:5!MA?_#G:C?&3^-EN3ER&/-R*\<\(,.O/8&S)ZMY M[Y42JLSR5KVJM6;47M9:H.]@53FS."ND:K`WVY\J!VO_\KA,J=U;4-9'6E-U M1'V6T=Z3\FO8OTS5!7VDM0M0@@CZ9:::2)4!L>=>!?$=6F*WH?B4K'B/Q6;G M$I]N&X3!EMY*HP%P6T0"K5COY29>SI]9L6TM?FQWE@.D#VA'SP$#P+?)3@C. MJ$%B%D4!Z.;6#7R4[>@)I1]P6$ M77@"M5@3R+O.B![+.J1B4CU*$0_;;8:DF07`"G)1!FRG1(XMSW9-Z%%NAUNP MCQ**;@&K:XTIKM/C50&R)A%E!,_O_\.U0?2B*=?6OTR/P3Y&S'R(IO>O:50$ MV77//6!'F-(^6%7"Q+DC+`] M21J/.V/%&\".+*-0?1N4B:NT?J+.*=<9T:-5A[0]0P+C?2HOA*A9U9O1XU6/ MM:WJ@B&SDC1_2%9125>2J)D9;$>]&CD&#`G2S6`63".HL<$G)NB M8O'\X>)U4=8N+D,P!M;A)G29AW$W24'X:^F@J)!MR/(K`Q6$8LJS&L.GMZ). MB0VMDB5U.;>IK8NTJ/S1Y$01_.NG/=N_$["1G2)17X M!LY09B8%3'V\GO"PW((G*$/)4"MZ-@Y'G1%-(J%AB):_;?SRZXQH<@I\Y6/&N]<`N-GO MA7J^,SB:'1BZ\CC=1UFW%+T;!RED2)=4:'BB++T+(,99`F1(EU]@MK"/(@0$ M$,.,06]&EUOMS&%_E(,*O_NCF/='.7?0GW2W/\H)@_ZDLG%.'O^1#RK;.FD< MJ4#@[>*)+3FU1A%7O'PUYI=2]H> MLKL'U%UO!F3Z-QKHB47&D6!O*V" M>0;GO./G:'ON'3>&NC>O38WC-U2`:/\@QU`A2Z+.`#&CUL+:0@(QZP:7R/L< M.YM,P#$*V!%E%4",7!ZLP:'GU`46D;?:U:_[T\4BV<1Y[<73+&.Y7)<5M"3* M*X@9=8-=#XF)77;'^,RZZ<^F-WT3I:A>EU$@]RM:FA$\XVW01J/N!9LGY.8GYK01E<$O>@ M]8:%/5DG6&!'S?EK\$P'[T]?>[UV'$+YELQ[A[/ M6L0V'_`#ZA_PT\4?FX@C*^1UF:X0+XT^M&Q#UJ.6^)&3!0VD.\7PKH_++DN) M>9*'*YR'A0^6W\*H2'I.;UBTOM^D62GAM$ZS:4#6B3;@4=,6KUEN?$PT-F1) MUN#]Z#1%GPSFD\%\,ABY@>F3P7PRF$\&\\E@/AG,)X,1I-HG@Y'U@$\&\\E@ M/AG,)X/12@;;/MQCQ_RO_>W\K_HW)_6/^H0OXR)RS90FVTMG1.REK(.)F>>E M/*-,E^IE,AY%)((#0GL,VTC97MM8"B1[`4BR,'&!6H'U&Z5W\6DBUA=4<5\S MLYMF#KEI]NVRL\;UTX'93P<.^>G`SD^[K'R-ZJ=@S^BG8,\=/Q58;?PT'=U/ M/DSFPV0^3$9N8/HPF0^3^3"9#Y/Y,)D/DQ&DVH?)R'K`A\E\F,R'R7R8C'*8 M[#II"^CN&#([`$-F_S6Y3B9M'SZ"9KL6U_6,531-W8#8>]P&\GA1MBZ>01$W MN.'X:Z708(+=0BDJU\5E$:%3F;OL"G$/F`5N?,.F"$?BF2``T?5 M5.;.>^``N:`!#,<0+U.9N^Z!XAX^NJR!CW[YZ)>/?I$;F#[ZY:-?/OKEHU\^ M^N6C7P2I]M$OLA[PT2\?_?+1+Q_]HA7]J@IZWQ5EFVY8ODGC3!OK^A2FQ7&T M[;I()^9UJ"P37O[LI/[=B2&V-?E?T<'__5!1+G'796^:P);&AMA;68,2,WQ5 M#;QJQ)V%J@->E19C$`GZO9Q)J)!B!INV`.CB?CHC^I3V0W@H$:0NABL^CRP= M>Q[F$+&2'7EN);RH\:$NCN#D1(Y&]"^39[."B1KBD;J7X\K]RRZ0&'Q\E&8( MB5.8Q*D;)':VB.$L(FQW+P?8^Y==(+$3,T?1_U+W^S")^VZ0N"]7=L8E44XT MZ%]V@<1.[@!*:66I^T.8Q$,W2#R4BR;CDG@$DWCD!HE'R`6,I>Z/81*/W2#Q M^..K%0\A\00F\<0-$D\Z@2EL$GF/D&*I+I,GL8(I2$17++Q[2+%4EUT@L54L M4W3%PKN'%$MUV0426\4R15TBQ5)==(/&DD]B%3V)OQT?_L@,D=C9QS$90+`&L M6`(W%$O0*I;9"(HE@!5+X(9B"5K%,AM!L02P8@G<4"Q!JUAF(RB6`%8L@1N* M)6@5RVP$Q1+`BB5P0[$$K6*9C:!8`EBQ!&XHEJ!5++,1%$L`*Y;`#<42M(IE M-H)B"6#%$KBA6()6L9[G1$)NHG M5W=_O3"PWLY![V&7[]7@Z&=QZ>W<8_E;E.@=RO)MQ/5;4QK!S+9L[Q;K,GJ; M-]3,P3<46,/#:.Z63R7P-B[=)^!2']3T04T?U"0W,'5!3:P2^M]54',7TGQ0 MD\[,X@<*:G[8*OF7;!&)!;LO8?H[R[-YS'[9Q$ONXJMXR5Z50]B^&+<*=LSR,5K_&):T#X^3'DY\FXA?Y/XL?_;GZU4GU MLY._FA_^VU2Q_7L+C?ME0K],Z)<)R0U,O_?![WWPRX0_WC*AW_O@]SY\#RM/ M?N\#E14BO_?![WV@L))#?AGR^U_)02G$TZ[9:++H50;$GGL51,SHE;SN50*\ M8Z_Y)_[[OVOY5!N/P:U^$&S3JT:L..\-:^$QRA:KI/C>RAC/PSR\6+%B04-_ M6J1J]?&D6'UL?E:]_EC\^.0O\?-^#=*O0?HU2+\&.?;`]*F*/E71KT'^>&N0 M'Y:>X%,5[5(5R>=@_:@+QN,N7_Y0"\86B6P4=E7YA>AOF:IX0-W#?H';+W#K M%KC);SCX_A>X48JD^P7NC^3P%Q8NH_A12V%SG?(R=@,2M:;%_/X_W+O1"U-S MV+],C\(^1M1Z%4WW7]-H':9ONA`+8$>8TS[8[9(36.3>LD42+VWH55D2)E@% M=[L$Q#>F^.+UF<69YOF7+](C4D8HN$/Y!-6=7X=I&A;.U`U.P(XLHRJP@ER4 M)(!RAO:4K'B7EXQE9Z&J^H_.B!ZM.J2"4Y1YIPPB66W6\76XE@.T@!U]9CM@ M!;DHA_9\"5^C]69]MEEO5N634RY=%`>3/+(Y5VGS!Z[J^$N*?U,7,N$#V])S MPL`;$(Y!*6YHQ)8_]0,(=FT<=$0%O`DI(CJ@@^1J7=:1G<=?-^GB*B/"82BRL,9X7J]##7^1V;4DZQP[^,(E*#K3@$S_"H-;..>"[=<7 MB@KM/['S^(9%\0O+L$G9T4*/RU+=7$2VE!CT@E3$$E3E3PF15KO_%CO1:L67S5F]$C58]5 M,(L3+>S!T"W!@I8N\-M?AITAJ;4X?"QW016KP<#'2F=&CUP]5HN$N!GYG,>N M)"PR_ECZ$BU8,+T/0`_:-Z/G47OL-AXFG_/8O=UY>ANMHU687B?Q(!^;&M+V ML@F]\"6*QCQ+UL])S.\I**<7XIVM=8.%/3WV+4`+TE&T9X-G.I!TO3UATO6@ M!>DHZK7!,QM(NMZ>,.EZT()T%#UK1[5#!&NA6FTYH?YU/EW\L8DXLLM-O"P^ M2WQ"8G2>91MZKK0$+IR'HK>-;+M![:X/R)3Z`\+'R6]A5,2JTAL6K>\W:5:J M,:V_;!K0\Y\-:N$S%"E_S7+CHZ&QH<>N!J@@%"7N:?9P<4#=_.&.I>LH#A5K M?CO]`CUG['0;PE4H\=.O29H_)*LHN>.WD'!8Z@QMO1D]TO58!;,HXK<'0Y>V M#1DZP&X_<7L?1>?V@-ST#_C4V#C`:@54$(JB8>O/QF62Y'&2L\RPS4!E1X]8 M`*P@%T6KBF^RR#>KLI=,'`/F9*D&,#?[-C$9ORGR&>8/GHSF5AF295J(5_*)$>'M`OD1QD1=Q5>9"EB?2 ML&H%XG1=X#.Q;FSN@"^,]R`\A*(J:WCB8;Q+PV6U''26K-=1EA6)J6JO&)J0 M]80!MV`?<[]I=L-JECXE^=.7,,NY\"I7Y):]O!V[)F39-^`6[&/N6,WX?U=A MI6OG#]=)G++%)BVV-FAST`:UI.L+*_C")2AR="NV<,W^+![/3V&Y'^@BRZ,U MUQM@Y$3;A)X3['`+]E'$*A`.,#AA4$MZOA@$7[@$4^YF6Z/EEY##XS?!D41Q MF+XU6!F+K^+%:M.IT2T'38;_#CUWO>-FA/-0Y?0-G^GQL;.\2V[8PXHM\C/^ MFF6ZZ2Y@3M<5>LQ-34Y,QJ^3_"SA`%8UIH*H\PV[2^0G7>."`>WI^F3`30@G M8:KNB]=P_;R"BZW(-F3)EH$*0C%E=HWAT]N_6*B)D("6U,F5X`J*<75RB<2V MR`U@3IULH.3-(:8VWO*]>NL%:$F=9PFNH!A3`-=("AQ[`>81IKX=:/:3,J"52[Y0 M3]:.1E#-7506$S>5N4O$"\R"\1%D=0\./`U3F3O'^*QE?`R5+<.!)U4J<^<8 M/V@9'T%ERW`,4R25N6N,%Y@%XR.(;ML\1L"<.N-`5N,14A&I+IRS59)%\:,= MWWUCZFSW$0NN<8HJWQ3+S_WKM)CLP=1T(<2[A6]&_4.9$B75$C+H$1D M!9`FD_TLB1?\EE+5]AZ3,5V>=8B;DY6PSJ31GT9#^!6P!4]0AJ+QBIZ-C[[. MB":1P"-_C*+B"A#&69;.B":GP(SJ&$6G%2`,\RBU"4T^M7.F8YP"O!S"YR1C M7Y*8O2EH[%RCR5\'H"`.[=2SZR1>%GM7L^@A8LM;SLA&3NK1F]&D4XU5,(LB MF0H8I4>K\Y:+1"$%J3T+FGSV8`HJT8XWO$[RJ[@X['5YSI[YNX;_ZAO_0Q[E M&U69;9L6-*DVPA;4HZBI\MVNC$YL7:%)I1QE.$812&7/NC*<\D6BQ/6+;9Z@ M"1X%8U1Y:ME!T3:?PK38:YN?QLO.(=CE2:IJE6C3@!ZS-J@%[RCZIX/"*"T- MMO38-@`61*.(H@Z6J[C\5T'/U6JURR?81J%]]$JRM_F#]4]]0XZW^TW M2#MFR(T(AZ'HK@[&>5SFTIFH%? MQ4OVJF=88TZ::0UFP3A.'9\.G)5+N.R%[#T4@BNZ-\W#(D"ZKT"G9>Z@:LWY8ZJVH MY4%\GY-P*;^:S>9TR=9C;BA'D9>G<;P)5Q5>]5J;TH(>L4J8#91[*"JOB^**?TQ+SY[WJS`"=K2IE<`V[*(HO2Z0@,]"`%*KR[2Y MK#`V%*)(-ZE_.9&_?YD\A4&'0IS"-=O]3V$*IPY0..U0B**LI/[ES0W]R^0I MG'4H1)%'4O_[,(7[#E"XWU(8H"@DJ7]YPT?_,GD*#SH4HF@@J?]#F,)#!R@\ M[%"(KFEX_T.$#A28=" M='7";PA2)]5EVA16&!L*T=4)[Q]2)]5E\A1VU$F`KDYX_Y`ZJ2Z3I["C3@)T M=5+<$$PA>75286PH1%X342769/(4==3)%5R>\ M?TB=5)?)4]A1)U-T=<+[A]1)=9D\A1UU,D57)[Q_2)U4E\E3V%$G4W1UPON' MU$EUF3R%'74R'4&=]&IM]"]3I[!32R.8CJ!.`EB=!`ZHDZ"C3J8CJ),`5B>! M`^HDZ*B3Z0CJ)(#52>"`.@GLZG(&TUT*"N(>Y[U]7[#J"1Q0/4%']/7`9 MP>_NDM_/U7K-EE&8L]7;UY0M6+%?XROC(D0N1/(1/TC77>^YJ\:QJ)N#JGO* M+I.T1'N=Y/,2[_(J_IHFV3._D5Z%GH%M*;O+Z@:$9_91!%RQ#?@N*;+#*WBU M\M[R@,:&'M,:H`VCJ/N,9#"*;06P*3U^8;P-S2B:3X?%DF*7Z.U0BZ(%?XD> MGUB6_V/#L;!T]:9_,X"6]`@&X38I$A+PKH`:T&/R1#:AF!4,:I$!+Q%`'MZ=%N`;EA'U:E*0$,8 M=X[M#M,HPM&N&IQ#)>!,==^"`Q39)\,H*@:8*B)8MJ'/N09XXP$4F2B#ZI2' MXH]?_,CDM2R;!O2Y5Z%NB$<1CF7?U\DY6VX6!3V725J<^'>Z&?NQ*B.6`^)4#J2>KEXP#"5$'GOC"NQRB"6N>'YP^D#GWAQ9+=/R9_R MK-*Z%7U':*$W?L`NDEC"XB_)51A7=-6XRNC"'I#=HK9G#[I^FR50YS$W1<^?7]D%D4.`4-Z-$-H&X)QTGH5 M2+25#V%;-VA6U$$\Q,G^[8-116GT9D[P*T5H#G&R@OLXQ('U)FZ%G1/D"K`V M6X,.#\AO#=+<8&^#B][.':]UMKP1,<.OHG`2L5&5=\\%$V[C4/UI5-:4"=4_JJA M*-AM"""-]!GLD(<2P6UZ-WZM0$O"M()?IH\*-OM?%4L:\D5Z!,H(VY,#6^[^Y^"_AVLUZ'Z=NO M<4DG6]9-OMR>7?V_57(?KDX?TVBQ67%;QF]DN5FP-+NXNVQN,,J+3O?V]H+# M8/+31/3`_UET\G/5RZ3N9O)7T]'?W*+N;%+T-JFZFW3ZFS0=3HH>L099&3[6 MCK+ZZK=_A0@F.^D=XD^GKY&9RL_L,5Q57PW%0.U=)38P>_AJ]CYJ5<%NYJ`:)T1L0=;![/V!4"&7WL"9\M6\]XK)569!*YZ56O-J+VLM4#?P:IR9G%62->]DY/C0^5@ M[5\>ERFU>PO*^DAKJHZHSS+:>U)^#?N7J;J@C[1V`4J,0;\*51.I,B#VW*L@ MOD-+[#84GY(5[['8"UWBT^V2,-C26X@T`&YK3*#5\KW@Y8`#X-A<*P1DUB(O779K@D]RNUP"_91(M4M8'4I,L5U>KPJ0-8DHHS@^?U_N#:(7C35W/J7 MZ3'8QXB9+M'T_C6-BJ"[[KD'[`A3V@>KRJ?X]N3>LD42+VWH55D2)E@%MSEO M&G'VJW[\Y8OTB)01M@=-XW%G+(@#V)%E%"I_@S)QE=9/U"GG.B-ZM.J0MD=, M8+Q/Y840-:MZ,WJ\ZK&V15\P9%:2Y@_)*DKN.,[DA:6:ZKA:,WK,ZK&*J"=. M<589AE;!`H8.L-M_S^(C1P# MYF2I!C`+QE'TF(!S4Q0TGC]59C^/16E#&QH56RI$ZN!%=0C/D!%,$02S$'F%,G&Y!V4Q1II_*] M6HF`EM1YEN`*BE&4GC["-W2`&YI2=X()O_`*BDK40[-_"(!6+OE"\W",D(%A MJWP`<^K$`SIHBCDKK^$8"N*:C*FSK2V&.T.9@]]R>#E[?%-/$WM7Z;'9@RCH MPUEWKGLW?B-7WZ=$4U.@:_\#&5>58`P?-O5)C3YU'_'4;,A3^.EW=&+-@WH,6V#6O". M?6[&D*-NW'CW&@`W^[U0CW\&1[,#0U<>I_LHZY:B=^,@A0SID@H-3Y2E=P'$ M.$N`#.GR"\P6]E&$@`!BF#'HS>ARJYTY[(]RCN%W?U+S_BC'$OJ#\/9'.8#0 M'V0VSL'D/_(Y9EL'D2/5#[Q=/+'E9L6DU-'W%`V<3GZ:B)\M_MG^\J3XZ^=!S&L+5%'#+P+S,UC1FAY M_Y!KRS:N.B/?.N$:YVR:"E,'R=7Z.6C,O0W:'MIZ-V@ M;ERK,8JTX^&O-;N6M#UD=P^HF^(,R/1O-+B%FW[8?IOAG)73>W;G\0V+XA>6 MY6QY'KU$2ZY#BOIY6_7T#,YYQ\_1]MP[;@QUZUZ;.<=OJ`#1_D$.L4*61)T! M8D8ME;6%!&+6#2Z1MT%V]J"`8Q2P(\HJ@!BY>EB#0\^I"RPB[\2K7_>GBT6R MB?/:BZ=9QG*Y;"MH2917$#/J_KL>$A.[[G"*O)=N&Z)J;J:T(,JF$NM';Z7S MI[SX4U[\*2_D!J8_Y<6?\K(C.RK7^5->J#S8_I2773GUI[S0H=J?\D+6`_Z4 MEP]\6?M37M1,^5->7#_E!3DA#SI9(@WCK`R5OR=-;[:=IE?U-RDZG#0]3D27 MD[_:3O_V&7S#"F!J&J^.Q&21KE;UP#2>EZA#_(W6EM,:ME MZ4NT8,'T/@#]:-^,K%_M;V$[Z\\19\[3VV@=K<+T.HD'N=/4T`F'FFX"-27P M+%D_)S&_M:",+XE[T'K#PIZL$RRPHZ;]-7BF`[G7V]/G7H\=->6OP3,;R+W> MGC[W>NRX)?6M&'>/9RUBB\E8G:E'^`-^NOAC$W%DA:0N,Q;BI=&'EFW(>M02 MOXU_#ZG[U^A,ISRWJYMV6:7,DSQ!J^-OW99F?C8A]!GQ?FL.)\51VY@^JPX MGQ7GL^)\5IS/BO-9<02I]EEQ9#W@L^)\5IS/BO-9<;2RXK8/0?F81+C][42X MNHM)W8?/?!N\(EXSITE[TQD1>V?K8&(FO"F/>M/EO)F,1]&0X(#0GF8W4MK; M-I8"R5X`DBQ,7*!68/U&>6Y\%HD<=^O>U\SLIIE#;IK9K?KODL(VKI\.S'XZ M<,A/!W9^VF5A;%0_!7M&/P5[[OBIP&KCI^GH?O)1-!]%\U$T<@/31]%\%,U' MT7P4S4?1?!2-(-4^BD;6`SZ*YJ-H/HKFHVB4HVC725MH^&,B:@=@1.V_)M?) MI.W2!]AV7:KK.LXJV*9N0.PU;P-YO"!<%\^@@!S<0?,D,^6,L"!@VXJ<^<]<(!<%`*&8PBGJ"8#X[1"HY5A=#OBNHX-RS?I'%F&PK[%*;%(;_M,DDG)':HK+9>]C*INYD, M#'U-_E=T^'\_5!!,W'79FR;NI;$A]M+6H,2,;E4#L1J!9Z'J&%VEQ1A$@GXO M)QHJI)BQJ"T`NK"@SH@^I?T('TJ`J8OABD\S2\>>ASE$K&1'GEL)+VKXJ(LC M.#F1@Q7]R^39K&"B1H"D[N6P<_^R"R0&'Q_$&4+B%"9QZ@:)G0UF.&L,V]W+ M\??^91=([(34498'I.[W81+WW2!Q7RZ>C4NBG(?0O^P"B9W4@L,12#R$23QT M@\1#N7XT+HE',(E';I!X)-=KQB7Q&";QV`T2C^4BRK@DGL`DGKA!XDDG;H5- M(N\14BS59?(D5C`%B>B*A7/>08JDNNT!BJUBFZ(JE MN"681!<42P53D(BN6'CWD&*I+KM`8JM8INB*A7/>0 M8JDNNT!BJUBFZ(J%=P\IENJR"R2VBF6*KEAX]Y!BJ2Z[0&*K6*;HBH5W#RF6 MZK(+))YT\K[P2>QM".E?=H#$SAZ/V0B*)8`52^"&8@E:Q3(;0;$$L&()W%`L M0:M89B,HE@!6+($;BB5H%J&8IFVBF4?>Y^TWY7N=Z7[7>E^5[K?E>YWI?M= MZ7Y7.L&-NGY7.AK5?EE^5_HW9\KO2O>[TN-!N]*Y*\-'Q>;TCZG8 M?"1M3Z]Z4V]3]_6:[;^L7:]5_&DVK(.6Q-[J(%;4S>M](/6KSL2M_$9$)-9B M3&A(KD&C[KWNHU"650;LW.)XP#&I.YV_B?I%UMU?+TJLMW/0>]C%?S4X^DE> M>COW6/X6!7Z'LGP;<7G75$XPLRW;N\6ZC-[F#35S\`T%EO@PFKOE4PF\C4OW M";C4QSQ]S-/'/,D-3%W,$ZL`_W<5\]R%-!_SI#.S^(%BGA^VB/XE6T2GBS^C M6[;B0%3+AU?K2#F*![6D&1`:=`M;506=>@I^C$@USO*CCU2G5J+ED/ICXB/@ M$'P+#Y,/3OYPD?5=,D=^T,@Z^56R[S^ROH\?61=+#3=1]GNU&G?.\C!:_1J7 MM+XOGGX\^6DB.N#_+/KXN>ID4O4R^:OIY^^AA=^_MQ"Z7T[TRXE^.9'

P,.6W4%!90/);*/P6"@H+/>17*;__A1Z4>C[M MDHXFVUYE0.RY5T'$#&[)RV(EP#OVFG_BO_^[ED^U\1C5QESE_J(5EBWPX M"KNT_(+UM\QX/*#N8;\0[A?"=0OAY/Q?ID=A'R-J_8NF^Z]IM`[3-UTH!K`CS&D? M['8)"RQR;]DBB97S#HOB%93E;GD\.6;%U.P/F,L0#1_D%>180LZ?D!A"LHQEF>[2*! M2"5/8TL.5S@/B1F48F8$>/4`"L(!=%`'=PZ.DD3F!+&::L/5TLDDV< MUPX\S3*6RR%KT)(>I2!<03&F0&V1F(AU@LY."A3^VI9JXJ6TH$>D$J:@$BN'JM%0MR,?,YC5Q(6&7\L?8D6+)C>!Z`'[9O1\Z@]=AL/D\]Y M[-[N/+V-UM$J3*^3>)"/30UI>]F$7O@216.>)>OG).;W%)33"_'.UKK!PIX> M^Q:@!>DHVK/!,QU(NMZ>,.EZT()T%/7:X)D-)%UO3YAT/6A!.HJ>M:/:(8*U M4*VVG%#_.I\N_MA$'-GE)EX6GR4^(3$ZS[(-/5=:`K=Q+/F=IT8ONN&R7?TS MI>X?/OY^"Z,B!I;>L&A]OTFS4N5I_673@)[_;%#;^)-\/?!KEAL?.8T-/:]I M@-HXBOR*@WE$%@?_S1_N6+J.XE"Q]KG3+]!S\DZW(=R,$D?^FJ3Y0[**DCM^ M"PF'IT!N^@>G:FP<8+4" M*@A%T?+UY^@R2?(XR5EFV&ZALJ-'+`!6D(NBV<6W7N3=55E<)HX!<[)4`YB; M_:N8C-\4>1WSATZ&AY%UN`E=YF'<@GV4&'<-Z5/*PM^?DRC.B\J+1>:"1B,K M#`?(GB(C_DJLP)+0_X8=5*S.FZP&=BW=C<`5\8[T%X""50 M7L,3#^-=&BZK9;&S9+V.LJQ(T%5[Q="$K"<,N`7[F/MNLQM6L_0IR9^^A%G. MA5>Y,KGLY2_9-2'+O@&W8!]SYV[&_[L**UT[?[A.XI0M-FFQQ4.;BS>H)5U? M6,$7+D&1HULQEFOV9_%X?@K+?5$761ZMN=X`(TC:)O2<8(=;L(\B5H&PB,$) M@UK2\\4@^,(EF'(WVQHMOX0<'K\)CB2*P_2MPBZ3E+D=.WNC&CPJ<-CXZ<(%Y@%XR/( MZAX<>!JF,G>.\5G+^!@J6X8#3ZI4YLXQ?M`R/H+*EN$8ID@J<]<8+S`+QD<0 MW;9YC(`Y=<:!K,8CI&):73AGJR2+XD<[OOO&U-GN(Q9U/0V+E&D[\.0$$4?1/!X516AILZ;%M`"R(1A%%'2Q7? M60;X1#(C3;N$53"+4Z^GA7&Z7$953E(U`[^*E^Q5S[#&G#33&LR"<9PZ/ATX M+V&TJA^MKT]<^P!L]TUI,]W'*UC&J>:CAO(;N[^-\F(P&&.]"$-/T`;L$^BC@4BD`4W1OGX9`A75:AT\+W4#5F_;#46U'+`PD_)^%2?C6;S>F2K!.N*KSJM3:E!3UBE3`;+E$4Y!8$W2* M/>]7803L:%,K@6W815%Z72`!GX4`I%:7:7-986PH1)%N4O]R(G__,GD*@PZ% M.(5KMON?PA1.':!PVJ$015E)_="A$T4!2_X.T#A<8="=.'"^S^!*3QQ@,*3#H7HZH3?$*1.JLNT*:PP-A2BJQ/> M/Z1.JLOD*>RHDP!=G?#^(752729/84>=!.CJI+@AF$+RZJ3"V%"(KDYX_Y`Z MJ2Z3I["C3J;HZH3W"*F3ZC)Y"COJ9(JN3GC_D#JI+I.GL*-.INCJA//^0.JDNDZ>PHTZFZ.J$]P^ID^HR>0H[ZF0Z@CKIU=KH7Z9. M8:>61C`=09T$L#H)'%`G04>=3$=0)P&L3@('U$G042?3$=1)`*N3P`%U$MC5 MY0RFNQ04Q#W6?/N^8-43.*!Z@H[JF8V@>@)8]00.J)Z@HWIF(ZB>`%8]@0.J M)^BHGMD(JB>`54_@@.H).JIG-H+J"6#5$SB@>H*.ZIF-H'H"6/4$#JB>H*-Z M9B.HGBFL>J8.J)YI1_7,4%2/R`$VEK6!#.G1"J%M"$;11`*)H<:-WHPNN=I: M-\$,12L)'#O*5NP M8K_&5\9%B%R(Y"-^D*Z[WG-7C6-1-P=5]Y1=)FF)]CK)YR7>Y57\-4VR9WXC MO0H]`]M2=I?5#0C/[*,(N&(;\%U29(=7\&KEO>4!C0T]IC5`&T91]QG)8!3; M"F!3>OS">!N:432?#HLEQ2[1VZ$610O^$CT^L2S_QX9C8>GJ3?]F`"WI$0S" M;3A&$8O-;E,E).!=`36@Q[@-ZH9X%(D)(QI$NGN$=\A&$:.?DS_M7B20(3V2 M(;0-P:AB5(D(>(L`]O3HM@#=L(ZJ4Y6`AC#N'-L=IE&$HUTU.(=*P)GJO@4' M*+)/AE%4##!51+!L0Y]S#?#&`R@R40;5*0_%'[_XDBZ3M#CG7!R,?A>^]DY^MVM"CWP[W`W]V)40RP'Q*P=23U8O M&0<2KF[ZTQ;;1O1<8(N\<0)V=<,255DL9L5>PCB_2_BP.*]S=@QNT#>C[P@] M]L85V.402USSF)7+P_.'TP<^\>+(;I^2/^59I74K^H[00F_\@%TDL83%7Y*K M,*[HJG&5SVUJ\`30CKXO`/"--U!T;>]I'5"=6-N`/O]0E;0#["**):(FWEX% M&]6E>T5(:[<@+4Z7])W_;>Z[&3ZCZ'5C%HI-`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`H+"[--RA1/ MM,Z(V(.M@UG[`F49MH]!^:#KS4;A%!P$:FJE]P!.&EB=B7Q>2)3H?E/0 MDRE?&49KFE0;87_PYVHWQD_C9;EC>^5:JI,_5:] MJK5FU%[66J#O8%4YLS@K5.O>R5)=`J^%YNXN7\F15[V>+'=KLY0/J`=O0<,`!\FP&%X(P:Q,5KN'Y> ML=^B_.F&+=FZ##V#WAC2D)X[AJ`70@;EX=@&=IWLY`VH&75?0-B%)U`K.(&\ MZXSHL:Q#*B;5HU3VL-U[2)I9`*P@%V7`=NKFV/)LUX0>Y7:X!?LH\>D6L+H` MF>(Z/5X5(&L244;P_/X_7!M$+YH:;OW+]!CL8\1,DFAZ_YI&1;Q=]]P#=H0I M[8-595%\>W)OV2*)ES;TJBP)$ZR"VYPRC3C[53_^\D5Z1,H(V^.E\;@SEL$! M[,@R"A6]09FX2NLGZD1SG1$]6G5(VX,E,-ZG\D*(FE6]&3U>]5C;4B\8,BM) M\X=D%25W'&?RPE)-35RM&3UF]5A%U!.G)*L,0ZM@`4,'V.V_9W&.::R?&V-- M*,".'KL`6/%:0)%7XJ4DZE@6ZT&/1HX!<[)4`Y@%XRAZ3,"Y*,R!&-@'6Y"EWD8=Y,4A+^6#HH*V88LOS)002BF/*LQ?'HKBI?8T"I94B=7 M@BLHQOP`BF"(I9@#S*F3#4B[*8JT4_E>K41`2^H\2W`%Q2A*3Q_A&SK`#4VI M.\&$7W@%127JH=D_!$`KEWRA>3A&R,"P53Z`.77B`1TTQ9R5UW`,97!-QM39 MUI;`G:',P6\YO)P]OJFGB;VK]-CL013TX:P[U[T;OY.0(5U2@6_@#&5F4L#4 MQ^L)#\LM>((RE`RUHF?C<-09T202&H9H^=O&+[_.B":GP%=^AC*O*D`8ONUJ M$YI\ZK_CJ-F0I_'2[L!%FP;TF+9!+7C'/BUCR`$W;KQ[#8";_5ZHASZ#H]F! MH2N/TWV4=4O1NW&00H9T286&)\K2NP!BG"5`AG3Y!68+^RA"0``QS!CT9G2Y MU+?[8_.BE^=?*7?7'`O[^WZH!#$I$UV_VU5L3V_&MQ MCKCQ7UOR&K`;@U;#2%"E>?J(@7>!N67,""WO'VAMV<959^1;IUGCG$-38>H@N5H_ M)QE;SN.OFW3Q%&8LLWQ4AOX&;2\-O1O4[6HU1I%L//RU9M>2MH?L[@%U*YP! MF?Z-!K=PTP_;;S.<P3GO^#G: MGGO'C:%NV&OSY?@-%2#:/\B!5[(*?A0>=) MI&&557DZ*O2=/91/0V^:OM[V^?MV==[%*3N0?8$7N7`T@Q ML_?Z)3=U^7N@Y1CD&L>$NJ3H:%E\\R7CW21EC M"U?%QS9*TBA_X\I'2M(C_!GN3F:+N2Q+7Z(%"Z;W`>A'^V9D_6I_"Q9^KO,` M'7'T/+V-UM$J3*^3>)"K30V=<+;I)E"3!,^2]7,2\UL+RHB3N`>M-RSLR3K! M`CMJ(F"#9SJ0>[T]?>[UV%&3`!L\LX'8SQ,@-3)\AYC/$?(:8SQ#S&6(^0XP@U3Y#C*P'?(:8SQ#S&6(^0XQ6 MAMCV,2#O3@K;WTX*JW]]4O^\SP+;X>0930J8SHC8FUH'$S/Y2WG$F2[_RV0\ MBG($!X3V%+>14L"VL11(]@*09&'B`K4"ZS?*^>)S1ZS/JN*^9F8WS1QRT^S; MI6R-ZZ<#LY\.'/+3@9V?=ED.&]5/P9[13\&>.WXJL-KX:3JZGWSLS,?.?.R, MW,#TL3,?._.Q,Q\[\[$S'SLC2+6/G9'U@(^=^=B9CYWYV!GEV-EUTI;:?7<< M[0",H_W7Y#J9M+WYL-H."W1==UF%V-0-B+W<;2"/%WKKXAD4AH,;CK^`"@TF MV"V40G5=7!9A.Y6YRZX0]X!YKI(!#1R04YD[[X`9\IE*!CAPJ$UE[KP'#I!+ M'\!P#$$TE;GK'BCNX:,+(/B0F`^)^9`8N8'I0V(^).9#8CXDYD-B/B1&D&H? M$B/K`1\2\R$Q'Q+S(3%:(;&J"OA=4>#IAN6;-,XL`F"?PK0XU[9=(>D$P@Z5 M5<;+#B9U#Q/[@-?D?T5?__=#A;[$79>]::)=&AMBKVH-2LR85C4&J\%W%JH. MC55:C$$DZ/=R>J%"BAF!V@*@"P;JC.A3VH_KH825NABN^.2R=.QYF$/$2G;D MN97PH@:-NCB"DQ,Y1-&_3)[-"B9JW$?J7@XV]R^[0&+P\:&;(21.81*G;I#8 MV4R&L[*PW;T<=>]?=H'$3B`=95%`ZGX?)G'?#1+WY<+0N"3*V0?]RRZ0V$DH M0*G,+'5_")-XZ`:)AW+-95P2CV`2C]P@\0BY_K'4_3%,XK$;)!Y_?+'C(22> MP"2>N$'B22=:A4TB[Q%2+-5E\B16,`6)Z(J%=P\IENJR"R2VBF6*KEAX]Y!B MJ2Z[0&*K6*;HBJ6X)9A$%Q1+!5.0B*Y8>/>08JDNNT!BJUBFZ(J%=P\IENJR M"R2VBF6*KEAX]Y!BJ2Z[0&*K6*;HBH5W#RF6ZK(+)+:*98JN6'CWD&*I+KM` M8JM8INB*A7B^[WH?B\ZP>VY?B\Z&M5^+SI9#_B]Z'XO^C=GRN]%]WO1XT%[ MT;DKPT?%EO1W5V<^DC:E5QVI-Z?[VLQ6W].NKRKJ--O404MB[W(0*^J6]3Z0 M^@5GXE9^#R(2:S$F-"37H%%W7/=1*$LH`W9N<3S@(-2=3MA$_0[K[J\7&];; M.>@][$*_&AS]U"Z]G7LL?XMBOD-9OHVXJ&OJ)9C9ENW=8EU&;_.&FCGXA@(+ M>QC-W?*I!-[&I?L$7.HCG3[2Z2.=Y`:F+M*)56S_NXIT[D*:CW32F5G\0)'. M#ULZ_Y(MHM/%G]$M6W$@TJ+AU3JZBI?L53F*![6D&08:=`M;M02=>@I^C/@T MSO*CCT^G5J+ED/ICXN/>$'P+#Y,/2?YP\?1=\D5^T'@Z^56R[S^>OH\?3Q=+ M#3=1]GNU&G?.\C!:_1J7M.X<13^>_#01O\W_6?S\S]7O3ZH.)G\U7?P]H,C[ M]Q8X]XN(?A'1+R*2&YA^NX3?+N$7$7^\142_7<)OE_@>EJ/\=@DJRT9^NX3? M+D%A>8?\VN3WO[R#4KNG73&L!'C'7O-/_/=_U_*I M-AZ#6_T@V*97C5AQ1!S6:F24+59)\;V5,9Z'>7BQ8L6"ALVIDZHER9-B2;+I M0+TH670S^4MTY!R7O_WRMV[YF_P>A>]_^1NE MZKI?_OY(#G]AX3**'[44-M?_DB/2)EA(([E$]0W?EUF*9AX4S=X`3LR#*J`BO(14D1*&=H3\F*=WG) M6'86JBH'Z8SHT:I#*CA%F7?*()+59AU?AVLY4@O8T6>V`U:0BW(*T)?P-5IO MUF>;]695/CGETD5QTLDCFW.5-G_@JHZ_I/@W=2$3/K`M/2<,O`'A&)3"B$9L M^5,_CQD%'5,";V"*B`SI(KM9E.=IY_'63+I["C&663\C0WR#KH*$W(AR& M(@MKC.?U.M3P%YE=2[+.L8,O7(*B,PW(]*\PN(5S+MA^?:&HT/X3.X]O6!2_ ML"QGR_/H)5JR>%D$*[:"%P:_O./GR#KM'?F_8DJW+"3B?,18@VC_( MJXB0)3T_@'`%Q3C+LUTD$*GD:6R)0]&]%Z]\#A`_,M/(!.SH$0J`%>2B".`. M#CV=Q`EL*<.4M:>+1;*)\]J!IUG&AZUQV[C8?(YC]W;G:>WT3I:A>EU$@_RL:DA;2^;T`M?HFC,LV3] MG,3\GH)R>B'>V5HW6-C38]\"M"`=17LV>*8#2=?;$R9=#UJ0CJ)>&SRS@:3K M[0F3K@=* M2^#">2AZV\BV&]3N^H!,J3\@?)S\%D9%K"J]8='Z?I-FI1K3^LNF`3W_V:`6 M/D.1\M'V\T?[EBZCN)0L>:WTR_0<\9.MR%< MA1(__9JD^4.RBI([?@L)AZ7.T-:;T2-=CU4PBR)^>S!T:=N0H0/L]A.W]U%T M;@_(3?]P4(V-`ZQ60`6A*!JV_FQ<)DD>)SG+#-L,5';TB`7`"G)1M*KX)HM\ MLRI[R<0Q8$Z6:@!SLV\3D_&;(I]A_M#);#"R#C>ARSR,6["/J34_I2S\_3F) MXKPH-EA$[#6:4VE(EFDE6L$O2H2W!^1+%!=Y$5=E+F1YB`VK5B!.UP4^$^O& MY@[XPG@/PD,HJK*&)Q[&NS1<5LM!9\EZ'659D9BJ]HJA"5E/&'`+]C'WFV8W MK&;I4Y(_?0FSG`NOW8@O7[,_B\?P4EON!+K(\6G.]`49.M$WH.<$. MMV`?1:P"X0"#$P:UI.>+0?"%2S#E;K8U6GX).3Q^$QQ)%(?I6X.5L?@J7JPV MG0K>P_7S"BZV M(MN0)5L&*@C%E-DUAD]O_V*A)D("6E(G5X(K*,;5R242VR(W@#EULH&2-X>8 MVGC+]^JM%Z`E=9XEN()B3`%<(REP[`4@M\*$.JD"IT7"S>$NQ<)SEF*EVRAN M;&;VTC7SQ3;W\W+M*C\T>1$$?2KA7]&[4.Y`A75(A+8,2D15`FDSVLR1>\%M* M5=M[3,9T>=8A;DY6PCJ31G\:#>%7P!8\01F*QBMZ-C[Z.B.:1`*/_#&*BBM` M&&=9.B.:G`(SJF,4G5:`,,RCU"8T^=3.F8YQ"O!R")^3C'U)8O:FH+%SC29_ M'8"".+13SZZ3>%GL7_1*FO[.\ M2!12D-JSH,EG#Z:@$NUXP^LDOXJ+PUZ7Y^R9OVOXK[[Q/^11OE&5V;9I09-J M(VQ!/8J:*M_MRNC$UA6:5,I1AF,4@53VK"O#*5\D2ER_V.8)FN!1,$:5IY8= M%&WS*4R+O;;Y:;SL'()=GJ2J5HDV#>@Q:X-:\(ZB?SHHC-+28$N/;0-@032* M*.I@N8K+?Q7T7*U6FZQ!^MHOQM_E#=4^^@\]U^@[1CAMR(2&6G:):R"69QZ/2V,T^4RJG*2JAGX5;QDKWJ&->:D MF=9@%HSCU/'IP'D)HU7]:'U]XMH'8+MO2IOI/E[!,DXU'S64W]C];907XR`% M7Q]0&V=XEX$+!Z`HN@ZFKV&6GR?E+B?^P$7\U]GEAM\+,-R!)J3I!W`+]E'$ MH9C;PO-U!R;GO1.R]U`$HNC>.`^'#.FR"IV2O8>J,>N'I=Z*6A[$]SD)E_*K MV6Q.EVP]YH9R%'EY&L>;<%7A5:^U*2WH$:N$V7")HB"W(.@6X71&Q!E5'$2^ MAZ+RNBBN^,>T].QYOPHC8$>;6@ELPRZ*TNL""?@L!""UNDR;RPIC0R&*=)/Z MEQ/Y^Y?)4QAT*,0I7+/=_Q2F<.H`A=,.A2C*2NI?WMS0OTR>PEF'0A1Y)/6_ M#U.X[P"%^RV%`8I"DOJ7-WST+Y.G\*!#(8H&DOH_A"D\=(#"PPZ%Z)J&]W\$ M4WCD`(5''0K1I0SO_QBF\-@!"H\[%*(+%][_"4SAB0,4GG0H1%0H[ZB1`5R?%#<$4DE\?TB=5)?)4]A1)U-T=<+[A]1)=9D\A1UU,D57)[Q_2)U4E\E3V%$G MTQ'42:_61O\R=0H[M32"Z0CJ)(#52>"`.@DZZF0Z@CH)8'42.*!.@HXZF8Z@ M3@)8G00.J)/`KBYG,-VEH"#N<=[;]P6KGL`!U1-T5,]L!-43P*HG<$#U!!W5 M,QM!]02PZ@D<4#U!1_7,1E`]`:QZ`@=43]!1/;,15$\`JY[``=43=%3/;`35 M$\"J)W!`]00=U3,;0?5,8=4S=4#U3#NJ9X:B>D0.L+&L#61(CU8(;4,PBB82 M2`PU;O1F=,G5UKH)9BA:2>"X86&6Q+>LR%YGR[-5F&7GT0.7$?SN+OG]7*W7 M;!F%.5N]?4W9@A7[-;XR+D+D0B0?\8-TW?6>NVH&8?1<`5VX#ODB([O()7*^\M#VALZ#&M M`=HPBKK/2`:CV%8`F]+C%\;;T(RB^718+"EVB=X.M2A:\)?H\8EE^3\V'`M+ M5V_Z-P-H28]@$&[#,8I8;':;*B$![PJH`3W&;5`WQ*-(3!C1(-+=([Q#-HH8 M_9S\:??8[C"-(ASM MJL$Y5`+.5/Q7JAG@4X5CV?9V?B8/2[\+5W\KM=$WKDV^%NZ,>N MA%@.B%\YD'JR>LDXD'!UTY^VV#:BYP);Y(T3L*L;EJC*8C$K]A+&^5W"A\5Y MG;-C<(.^&7U'Z+$WKL`NAUCBFL>L7!Z>/YP^\(D71W;[E/PISRJM6]%WA!9Z MXP?L(HDE+/Z27(5Q15>-JWQN4X,G@';T?0&`;[R!HFM[3^N`ZL3:!O3YAZJD M'6`742P1-?'V*MBH+MTK0EJ[!6EQNJ3O_&]SW\WP&46O&[-0;!HXY#K%8S>F3KL]6.<1)W'WAT_='9E'D$#"D1S.$MB$8)ZU7@41;^1"V=8-F M11W$0YSLWSX8591&;^8$OU*$YA`G*[B/0QQ8;^)6V#E!K@!KLS7H\(#\UB#- M#?8VN.CMW/%:9\O+(<[.3#60_BY7O9TS[';WO1[B;-KL`[F-2A51UX(ULRS; M.\&V#-KJ373LX)L(K%1L-'?"EQ)F*U>2WV_:.6OREKTP?F]O_XK8:JE6#49K M>HXT0A:^.D+1Q%HX.A%AT\`AUA5RX@A%&>L0J4X<,MBZ0_?VF4/!$8I$UH&Q M)-DE?CO4HFAB!8Z[\/7BCTWT$J[XG5GRK&KC!.DJX(T'4*3SW5.4YF_P5U)C M0X]A#="&491@LP1"]QW4FY'G5?7-0]&TVSA47SJE!75"Y:\:BH+=A@#22)_! M#GDH$=RF=^/7"K0D3"OX9?JH,.>2117)_!\RR_Q/_[Z(;+8K/GOM8!O-^MUF+[]&I=TLF7=Y,OM MV=7_6R7WX>H+R\-5]B6*BZR!-%EN%BS-+NXNFSN,\J+7O;V]X#B8_#017?!_ M%KW\7'4SJ?N9_-7T]#>WJ'N;%-U-JOXF58>3_U^X?O[_3ZI^)TW'DZ)GK-%6 MQI&UPZV^^NW?)8+13IZ'^-/I:R1G(QNMQWA`-)P63X<1;_.XX+RY1>?GR3J, M9#TA7QR#2\OAT.56P$6F\C-[#%?5YT,Q4'M7B0W,'KZ:O8]:7K";0BB'X?:E M,7C3N+:=+TA#;A?]&F4E+P=[A]-IR0K_P[]O^8=F;W9P?'SPA:WO>_FV_!FEKI/8"3&58GI[-L'I\7JB6ZWQ3T9,I7AM&:)M5&V!_\N=J-\=-X66ZB M',:\W,HQ#\CP:T_@[-UJWGNEM"JSP56O:JT9M9>U%N@[6%7.+,X*";MWC:B)5!L2> M>Q7$=VB)W8;B4[+B/1:;HDM\NNT2!EMZ*Y(&P&VQ";2BOI>;>#E_9L7VMOBQ MW8$.D#Z@'3T'#`#?)D4A.*,&.(>B% MD$%Y.+:!72<[>0-J1MT7$';A"=2B3B#O.B-Z+.N0BDGU*,4^;+OZ91$7S7/?>`'6%*^V!5B17?GMQ;MDCBI0V]*DO"!*O@ M-@=/(\Y^U8^_?)$>D3+"]L1I/.Z,E7$`.[*,0G5P4":NTOJ).O=<9T2/5AW2 M]JP)C/>IO!"B9E5O1H]7/=:V^@N&S$K2_"%91"F)TI;%>M"C MD6/`G"S5`&;!.(H>$W!NBLK&\X>+UT59X[@,P1A8AYO091[&W20%X:^E@Z)" MMB'+KPQ4$(HISVH,G]Z*>B8VM$J6U,F5X`J*,3^`(AAB*>8`<^ID`])NBB+M M5+Y7*Q'0DCK/$EQ!,8K2TT?XA@YP0U/J3C#A%UY!48EZ:/8/`=#*)5]H'HX1 M,C!LE0]@3IUX0`=-,6?E-1Q#95R3,76VM55Q9RAS\%L.+V>/;^II8N\J/39[ M$`5]..O.=>_&[R1D2)=4X!LX0YF9%##U\7K"PW(+GJ`,)4.MZ-DX''5&-(F$ MAB%:_K;QRZ\SHLDI\)6?H`^!FOQ?J.=#@:'9@Z,KC=!]EW5+T;ARDD"%=4J'AB;+T M+H`89PF0(5U^@=G"/HH0$$`,,P:]&5UNM3.'_5$.-/SNCVS>'^5\0G\BWOXH M)Q'Z$\W&.:'\1S[0;.M$+)[;\?>VW9QE5GY%MG7N.<5E-AZB"Y6C\G&5O.XZ^;=/$49BRS?%2&_@9M+PV] M&]0=;#5&D7\\_+5FUY*VA^SN`75WG`&9_HT&MW#3#]MO,YS3_X.=J>>\>-H>[A:U/H^`T5(-H_R+%6R)*H M,T#,J#6SMI!`S+K!)?)^R,YF%'",`G9$6040(Y<1:W#H.76!1>0M>?7K_G2Q M2#9Q7GOQ-,M8+M=O!2V)\@IB1MV(UT-B8M<=3I$WU6U#5,W-E!9$V51B_>@] M=?ZX%W_]^.->=F1'Y3I_W`N5!]L?][(KI_ZX%SI4^^->R'K` M'_?R@2]K?]R+FBE_W(OKQ[T@9^9!1TRD89R5H?)WY>O-MO/UJ@XG18^3ILN) MZ'/R5]OKWSZ5;[>2F)IDOO^OO7_KC1Q7LD#AY^]?)+[GZ6DKTU=@O[A\F?8Y M5W.E-R2TFVCT?_]4!=*2HH,4EFN4+#,`6:ZQ@HFEU90 M$A`:28"7W]PIRZE#[0<@QRC6-"77ATM,2^.'QDQ9I4L>0*1#-T M9F0IUD/>9+S[I`R[A:OB^QLE:92_<3$DY>T1_C)WY[?%]):E+]&"!=/[`/2C M?3.R?K6_!0L_UZF!CCAZGMY&ZV@5IM=)/,C5IH9..-MT$ZAY@V?)^CF)^:T% M91!*W(/6&Q;V9)U@@1TU-[#!,QW(O=Z>/O=Z[*AY@0V>V4#N]?;TN==CQRW` M;\6X>SQK$=M\P`^H?\!/%W]L(HZLD-UE6D.\-/K0L@U9CUKBM_'O(77_&IWI ME.=V==,N2YEYDH^4+;>_G2U7]S&I._'I<3LO MC=<,:G+C=$;$7MXZF)A9<`)`L3 M%Z@56+]3,AR?3B('X+KW-3.[:>:0FV;?+Y=M7#\=F/UTX)"?#NS\M,L*V:A^ M"O:,?@KVW/%3@=7&3]/1_>3#:3ZQO(XT7CNG@&1>;@AN.OJ4*#"78+I>A=%Y=%)$]E[K(KQ#U@'DME M0`/'Z%3FSCM@AGPDE0$.''U3F3OO@0/D,A$P'$-<367NN@>*>WCO8A$^2N:C M9#Y*1FY@^BB9CY+Y*)F/DODHF8^2$:3:1\G(>L!'R7R4S$?)?)2,5I2L*I]^ M5]3+N6'Y)HTSZYC8IS`M#@=NUTDZL;%#99'VLIM)W<]DQQC8Y']%Q__WH:)A MXJ[+WC0!,(T-L;>W!B5FF*L:D-5(/`M5Q_`J+<8@$O1[.>-0(<4,2FT!T,4' M=4;T*>V'^E`B35T,5WR^63KV/,PA8B4[\MQ*>%'C2%T/]HSA`2IS")4S=([&PYPUELV.Y>#L3W+[M`8B>VCK). M('6_#Y.X[P:)^W)=;5P2Y82$_F472.SD&!R.0.(A3.*A&R0>RJ6E<4D\@DD\ M"S75\8E\00F\<0-$D\Z`2QL$GF/D&*I+I,GL8(I M2$17++Q[2+%4EUT@L54L4W3%PKN'%$MUV0426\4R15TBQ5)==(/&DDP"&3V)O M9TC_L@,D=C9[S$90+`&L6`(W%$O0*I;9"(HE@!5+X(9B"5K%,AM!L02P8@G< M4"Q!JUAF(RB6`%8L@1N*)6@5RVP$Q1+`BB5P0[$$K6*9C:!8`EBQ!&XHEJ!5 M++,1%$L`*Y;`#<42M(IE-H)B"6#%$KBA6()6L[K?GAX/VI[.71D^*G:IOU,-YR-IGWK5G7J_NJ_@ M//P3VW5?Q:-FYSIH2>SU#F)%W<7>!U*_\TSCL'O8==#EB#HY_MI;=SC^7O4?)W*,NW M$==Y30D%,]NRO5NLR^AMWE`S!]]08*T/H[E;/I7`V[ATGX!+??#3!S]]\)/< MP-0%/[%*\O]0P<]=2//!3SHSBP\4_'RWU?0OV2(Z7?P9W;(5!U*MY9W&2WDI M\?6_DM6RB)=$*^[2JW5T%2_9JW)TO\LOTHPDO+R?OU M2;\^Z=L=?\$__]W[5\JHW'X%8_ M"+;I52-6'$B'M4`998M54GQO98SG81Y>K%BQH&%_[*5JE?*D6*5LNE&O4Q:= M3?X2W?FU2K]6Z=0,2M8K'_/[?W+O1"U-SV+],C\(^1M0*'4WW M7]-H':9ONM@.8$>8TS[8[2(;6.3>LD42+VWH55D2)E@%=[OHQ7>F^.+UF<69 MYOF7+](C4D8HN$/Y!-6=7X=I&A;.U`U.P(XLHRJP@ER4[(-RAO:4K'B7EXQE M9Z&JWI'.B!ZM.J2"4Y1YIPPB66W6\76XEB.^@!U]9CM@!;DHQQE]"5^C]69] MMEEO5N634RY=%$>V/+(Y5VGS!Z[JRI7=:"$3/K`M/2<,O`'A&)1RCD9L^5,_ M[QD%'5,";&"6B`SI(KM9E1=UY_'63+I["C&663\C0WR#KH*$W(AR&(@MK MC.?U.M3P%YE=2[+.L8,O7(*B,PW(]*\PN(5S+MA^?:&HT/X3.X]O6!2_L"QG MR_/H)5JR>%D$*[:"%P:_?,//D77:-]R3\"B*Z+UA2[8N)^!\QEB`:/\@KR)" MEO3\`,(5%.,LSW:10*22I[$E#D7W7KSR.4#\R$PC$["C1R@`5I"+(H`[./1T M$B>PI0Q3UIXN%LDFSFL'GF89R^60-6A)CU(0KJ`84Z"V2$S$.D%G)P4*?VU+ M-?%26M`C4@E34(D3%7QFQ=IO_%BO!6L67_5F]$C58Q7,XD0+>S!T2["@I0O\ M]I=A9TAJ+0X?R^U6Q6HP\+'2F=$C5X_5(B%N1C[GL2L)BXP_EKY$"Q9,[P/0 M@_;-Z'G4'KN-A\GG/'9O=Y[>1NMH%:;723S(QZ:&M+UL0B]\B:(QSY+UPK*Z85X9VO=8&%/CWT+T()T%.W9X)D.)%UO3YAT/6A!.HIZ;?#,!I*NMR=, MNAZT(!U%S]I1[1#!6JA66TZH?YU/%W]L(H[LSB6R_R M[JHL+A/'@#E9J@',S?Y53,9OBKR.^4,GP\/(.MR$+O,P;L$^2HR[AO0I9>'O MSTD4YT4EQR)S0:.1E89DF5:B%?RB1+I[0(JR1NO-^JK,"2V/#F+52LSINL!G M8MW8W`%?&.]!>`@E4%[#$P_C71HNJV6QLV2]CK*L2-!5>\70A*PG#+@%^YC[ M;K,;5K/T*'X*RWU1%UD>K;G>`"-(VB;T MG&"'6["/(E:!L(C!"8-:TO/%(/C")9AR-]L:+;^$'!Z_"8XDBL/TK<'*6'P5 M+U:;3I%T.<@S_'?HN>L;;D8X#U5.W_"9'A\[R[ODACT493[/^&N6Z::[@#E= M5^@Q-[5),1F_3O*SA`-8U9@*HLXW["Z1GW2-"P:TI^N3`3P_7S M"BXZ(]N0)5L&*@C%E-DUAD]O_V2A)D("6E(G5X(K*,;5R242VV(_@#EULH'2 M/X>8VGC+]^HM**`E=9XEN()B3`%<(REP[`4@M\*$.JD"IT6>PN$N1=-SEB*G M;W5O;&;VTC7SQ3;W\W+M*C\T>1$$?2KA7]&[4.Y`A75(A+8,2D15`FDSVLR1> M\%M*5=M[3,9T>=8A;DZ8PCJ;1W\J#^%7P!8\01F*QBMZ-C[Z.B.:1`*/_#&* MBBM`&&=9.B.:G`(SJF,4G5:`,,RCU"8T^=3.F8YQ"A%S")^3C'U)8O:FH+%S MC29_'8"".+33WZZ3>%GL7_1*F MO[.\2!12D-JSH,EG#Z:@$NV8Q^LDOXJ+0V^7Y^R9OVOXK[[Q/^11OE',.ZU: MT*3:"%M0CZ*FRG>[,CJQ=84FE7*4X1A%()4]Z\J1RA>)$M?F89X!/)C#3M$E;!+$Z]GA;&Z7(953E)U0S\*EZR5SW# M&G/23&LP"\9QZOATX+R$T:I^M+X^<>T#L-TWI:CQK*;^S^-LJ+ M<9""KP^HC3.\R\"%`U`470?3US#+SY-REQ-_X"+^Z^QRP^\%&.Y`$]+T`[@% M^RCB4,QMX?FZ`Y/SWDGA>R@"471OG(=#AG19A4X+WT/5F/7#4F]%+0\D_)R$ M2_G5;#:G2[8>--N*KPJM?:E!;TB%7";+A$49!;$'2+<#HCXHPJ M#F3?0U%Y7117_&-:>O:\7X41L*--K02V81=%Z76!!'P6`I!:7:;-986QH1!% MNDG]RXG\_-"A$$4#2?T?PA0>.D#A88="=$W# M^S^"*3QR@,*C#H7H4H;W?PQ3>.P`A<<="M&%"^__!*;PQ`$*3SH4HJL3?D.0 M.JDNTZ:PPMA0B*Y.>/^0.JDNDZ>PHTX"='7"^X?42769/(4==1*@JY/BAF`* MR:N3"F-#(;HZX?U#ZJ2Z3)["CCJ9HJL3WB.D3JK+Y"GLJ),INCKA_4/JI+I, MGL*..IFBJQ/>/Z1.JLOD*>RHDRFZ.N']0^JDNDR>PHXZF:*K$]X_I$ZJR^0I M[*B3Z0CJI%=KHW^9.H6=6AK!=`1U$L#J)'!`G00==3(=09T$L#H)'%`G04>= M3$=0)P&L3@('U$E@5Y@)8]00.J)Z@HWIF(ZB>`%8]@0.J)^BHGMD(JB>`54_@@.H).JIG M-H+J"6#5$SB@>H*.ZIF-H'JFL.J9.J!ZIAW5,T-1/2('V%C6!C*D1RN$MB$8 M11,))(8:-WHSNN1J:]T$,Q2M)'#OJ9LP8K]&E\9%R%R(9+W^$&Z[OJ6NVH&8?1<`5VX#ODB([O()7*^\M#VAL MZ#&M`=HPBKK/2`:CV%8`F]+C%\;;T(RB^718+"EVB=X.M2A:\)?H\8EE^7]O M.!:6KM[T;P;0DA[!(-R&8Q2QV.PV54("WA50`WJ,VZ!NB$>1F#"B0:2[1WB' M;!0Q^CGYT^Y%`AG2(QE"VQ",*D:5B("W"&!/CVX+T`WKJ#I5"6@(X\ZQW6$: M13C:58-SJ`2Y;<(`B^V081<4`4T4$RS;T.=<`;SR`(A-E4)WR4/SQBQ^9 MO)9ETX`^]RK4#?$HPK'L^SHY9\O-HJ#G,DF+<\[%P>AWX6OOY'>[)O3(M\/= MT(]=";$<$+]R(/5D]9)Q(.'JIC]ML6U$SP6VR!LG8%CS M#U5).\`NHE@B:N+M5;!17;I7A+1V"]+B=$G?^=_GOIOA,XI>-V:AV#1PR'6* MY_9P%$%OR$XQF],G79^M.USI:70YR=F6H@_5VN>CMGV.WN>SW$V;39!W(;E2JBK@5K M9EFV=X)M&;35F^C8P3<16*G8:.Z$+R7,5JXDO]^T<];D+7MA_-[>_AFQU5*M M&HS6]!QIA"Q\=82BB;5P="+"IH%#K"ODQ!&*,M8A4ITX9+!UA^[M,X>"(Q2) MK`-C2;)+_':H1='$"AQWX>O%'YOH)5SQ.[/D6=7&"=)5P!L/H$CGNZ8;+8K/GOM8!O-^MUF+[]&I=TLF7= MY&R3\IM=O/W"EH]L^>7V[.IBS=+'*'ZLIH'9Q=UE&DZG%2=#D1?4[J3B=%KUACK8PB:P=; M??7[OTD$FYTL#_>]=(SD4V6H_Q>&@X+9X-(][F8<%Y;XO.SY-U&,EJ0KXX M!I>6PZ'+K8"+3.5G]ABNJH^'8J#VKA(;F#U\-7OOM;A@-X%0#L/M2V/PIG%M M.UN0AMPNZC7*2EX.]@ZGTY(5_H=_W?*/S-[^P>'LY`M;W_>R;?N7QV!'Y;J" MFCZZK2>2<&BBDUOUA879)F6*)UIG1.S!UL&L?8&R+MO'H'S0]6:C<`H.`C6U MTGL`)R^L3DUGV3P^+S1+=+\IZ,F4KPRC-4VJC;#?^7.U&^.G\;+<0CF,>;F5 M8QZ0X=>>P-FYU;SW2EE5YH*K7M5:,VHO:RW0;V!5.;,X*^3K?G`RG2H':__R MN$RIW5M0UD=:4W5$?9;1WI/R:]B_3-4%?:2U"U!"#?K%J)I(E0&QYUX%\1NT MQ&Y#\2E9\1Z++=$E/MUF"8,MO?5(`^"VU`1:2=_+3;R`P:`;U.B$)Q1@[AX#=?/*_9;E#_=L"5;E[%HT!M#&M)SQQ#T0LB@/!S; MP*Z3G;P!-:/N"PB[\`1J22>0=YT1/99U2,6D>I12'[:;$4DS"X`5Y*(,V$XA M'5N>[9K0H]P.MV`?)6#=`E97)%-K`F1-(LH(GM__FVN#Z$53U*U_F1Z# M?8R861--[U_3J`B\ZYY[P(XPI7VPJK2*[T_N+5LD\=*&7I4E88)5<)MCIQ%G MO^K'7[Y(CT@987O>-!YWQKHX@!U91J$J."@35VG]1)UYKC.B1ZL.:7O2!,;[ M5%X(4;.J-Z/'JQYK6_L%0V8E:?Z0K*+DCN-,7EBJ*9*K-:/'K!ZKB'KBU&B5 M86@5+&#H`+O]]RS.N8WU"RCR2KR41&'+8CWHT<@Q8$Z6 M:@"S8!Q%CPDX-T5=X_G#Q>NBK'!DC?$,'N*$I=2>8\`NOH*A$/33[AP!HY9(O-`_'"!D8MLH' M,*=./*"#IIBS\AJ.H2ZNR9@ZV]J:N#.4.?@MAY>SQS?U-+%WE1Z;/8B"/IQU MY[IWXW<2,J1+*O`-G*',3`J8^G@]X6&Y!4]0AI*A5O1L'(XZ(YI$0L,0+7_; M^.77&='D%/C*SU#F504(P[==;4*33_UW'#4;\C1>VIW`:-.`'M,VJ`7OV,=G M##GQQHUWKP%PL]\+]11H<#0[,'3E<;J/LFXI>C<.4LB0+JG0\$19>A=`C+,$ MR)`NO\!L81]%"`@@AAF#WHPNM]J9P_XHQQG^\`2GB?CEXI_MCT^*7Y_\M4.U MP+]_M'*!0S*3-?O_M5;$B@!H<8Y8"4!;%!NP&X-6PTA0Y7WW:V,C[51\C=:; M]=EFO5F5'_.R>$Z5JS=_8>F\.,FT.+$TC1:]TR&&M27JB(%W@;F'S`@M[Q]Y M;=G&56?D6^==XYQ44V'J(+E:/R<96\[CKYMT\11F++-\5(;^!FTO#;T;U/UK M-4:1?3S\M6;7DK:'[.X!=6^<`9G^C0:W<-,/VV\SG)-S>L_N/+YA4?S"LIPM MSZ.7:,GE2%%&;ZNLGL$YW_!SM#WW#3>&NH.O3:#C-U2`:/\@1UHA2Z+.`#&C M5LS:0@(QZP:7R+LA.UM1P#$*V!%E%4",7$2LP:'GU`46D3?DU:_[T\4BV<1Y M[<73+&.Y7+T5M"3**X@9=1M>#XF)77 M_&$O_K`7<@/3'_;B#WO9D1V5Z_QA+U0>;'_8RZZ<^L->Z%#M#WLAZP%_V,L[ MOJS]82]JIOQA+ZX?]H*X2_R]W9;3&Y9>E+ MM&#!]#X`_6C?C*Q?[6_!PL]U8J`CCIZGM]$Z6H7I=1(/X>SUK$-A_P`^H?\-/%'YN((RLD=YG4$"^-/K1L0]:CEOAM M_'M(W;]&9SKEN5W=M,M"9I[DX0K'27P0_A9&1L.B]?TFS4IIJ'6:30.R M3K0!;^/48^K/WC7+C8^?QH:L\S1X;?RURZK%^SZ$/G'.)\[YQ#ER`],GSOG$ M.9\XYQ/G?.*<3YPC2+5/G"/K`9\XYQ/G?.*<3YRCE3BW?5S*N^7*[6_GRM6] M3.IN?'+<3@OC-7N:S#B=$;%7MPXF9DZ<\FPX75J3R.&W[GW-S&Z:.>2FV??+9!O73P=F/QTXY*<# MY!2T/H1@S\AHL.<.HP76]TXL\P$J'Z#R`2IR`],'J'R`R@>H?(#*!ZA\@(H@ MU3Y`1=8#/D#E`U0^0.4#5)0#5-=)6^;WW8)5!V"PZC\FU\FD[=7'KKYE;:WK M/ZLXEKH!L;>]#>3QXEM=/(-B77##\=<^H<$$NX52/*R+RR(VIC)WV17B'C`/ M>3*@@:->*G/G'3!#/N#)``>.9ZG,G??`N#$O&8XA_J4R=]T#/D;F8V0^1N9C M9#Y&YF-D/D;F8V0^1N9C9,0B-#Y&-K8'?(S,Q\A\C,S'R&C%R*I2Y'=%_9D; MEF_2.!L0$?L4IL5AN^U*225YV-*E[FNP0`9O\K^CT_SY4+$S<==F; M)OREL2'V[M:@Q`QR58.Q&H5GH>I(6Z7%&$2"?B_G&RJDF"&I+0"ZZ*#.B#ZE M_4`?2IRIB^&*SS9+QYZ'.42L9$>>6PDO:A2IBR,X.9%C%OW+Y-FL8*(&@J3N MY>AS_[(+)`;O'\L90N(4)G'J!HF=+9$X2PW;WP"2>N$'B22=\A4TB[Q%2+-5E\B16,`6)Z(J% M=P\IENJR"R2VBF6*KEAX]Y!BJ2Z[0&*K6*;HBJ6X)9A$%Q1+!5.0B*Y8>/>0 M8JDNNT!BJUBFZ(J%=P\IENJR"R2VBF6*KEAX]Y!BJ2Z[0&*K6*;HBH5W#RF6 MZK(+)+:*98JN6'CWD&*I+KM`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`])EI/C/-KU1^O)5* ME*6=C[I2.>ZZV4=8TSY8U`W7#8Y;MDCBI0V]*DO"!*O@HAYK?O'ZS.),\_S+%^D1*2-$/K#BGJH>88-G&04=4P%$/9Z\Q=9!%D$%;:"#`:_?,//D77: M-]R3\"B*Z+UA2[8N)^!\QEB`:/\@KR)"EO3\`,(5%*-HXRTD$*GD:6R)0]&] M%Z]\#A`_,M/(!.SH$0J`%>2B".`.#CV=Q`EL*<.4M:>+1;*)\]J!IUG&7@503+Z4%/2*5,)OL+)2PRS,KUG[C MQWHM6+/XJC>C1ZH>JV`6)UK8@Z%;@@4M7>"WOPP[0U)KJR;C/>;E",Y7!690U&21OD;?^>VK,^H)Q5U)6&1F M@G)Z(=[96C=8V--CWP*T(!U%>S9XI@-)U]L3)ET/6I".HEX;/+.!I.OM"9.N M!RU(1]&S=E0[1+`6JLW7^83ZU_ET\<99MZ+G2$KB% M8_?WJ#O6Z$4W7+:K?\COV>3C[[;-"M5GM9?-@WH^<\&M8T_ MI]3]>17W$PC\CBB*OYPQU+UU$<*M8^=_H%>D[>Z3:$ MFW$*NR5I_I"LHN2.WT+"8:DSU?5F]$C78Q7,XFQ$E6'HTMP[Z/H M_1Z0F_X1@1H;!UB]Z9X!N(^BY>O/T662Y'&2L\RPW4)E1X]8`*P@%T6SBV^] MR+NKLKA,'`/F9*D&,`O&40+6`LY-D=!A9AYO091[&W>P>1F3_4\K" MWY^3*,Z+NGA%YH)&(RL-R3*M1"OX18ET]X!\B>(B/^2JS`DM#V)AU4K,Z;K` M9V+=V-P!7QCO07@()5!>PQ,/XUT:+JMEL;-DO8ZRK$C057O%T(2L)PRX!?N8 M^VZS&U:S]"G)G[Z$6SE+]DU(1G"0>PJC$51)UOV%TB/^D:%PQH3],OWZBTHH"5UGB6X@F),`5PC*7#L!2"WPH0ZJ0*G19["X<$.>0HY2Y'3 MM[HW-C/[:.:(CV9V/CITSD<'9A\=..*C@]8/F)*W`R'8,[(9[+G!9H%3L(FI M0<57/6EWW0^=Q!B:4F??A%]X!5.G*J#93W2`5B[Y0CT!.AI!B79164R&5.8N M$2\P"\9'D*H]./#41F7N'..SEO$QE*L,!YZHJ,R=8[R=P!R-H%QE.(;)C,K< M-<8[DYRC$82L;6X@8$Z=<2!3\`BI0%47SMDJR:+XT8[OOC%UMON(!=CWH$,Z9(*:)DC%(4I@#39X6=)O."WE*JV MS)B,Z?*L0RRX1M&-!53]23>$7P%;\)H#MK$H,S[Z.B.:1`*/_#&*BBM`&&=9 M.B.:G`(SJF,4G5:`,,RCU"8T^=3.F8YQBOMR")^3C'U)8O:FH+%SC29_'8"" M.)R2O<7[)8F7Q7[0+'J(V/*6,[*1$V7T9C3I5&,5S**=55=Z]$N8_L[R(OE& M06K/@B:?/9B"2K2C$Z^3_"HN#GQ=GK-G_J[AO_K&_Y!'^495PMNF!4VJC;`% M]2AJJGRW*Z,36U=H4BE'&8Y1!%+9LZ[$IWR1*'']0I[':()'P1A5GAIV3E"T MS:YNEGE@$^DKSLP.>_-Q%'TH>C=.`V'#.F2"AW`O8MGI=[=69[Q]SD)E_*;V6Q. MEVP]YH9R%'5Y&L>;<%7A52^U*2WH$:N$V7")(B"W(.C6X'1&Q!E5G'&^AR+R MNBBN^+>T].QYO[`A8$>;6@ELPRZ*T.L""?A7%""UNDR;RPIC0R&*PEF'0A1U)/6_#U.X M[P"%^QT*4122U+^\WZ-_F3R%[7Z.($#10%+_AS"%APY0>-BA$%W3\/Z/8`J/ M'*#PJ$,ANI3A_1_#%!X[0.%QAT)TX<+[/X$I/'&`PI,.A>CJA-\0I$ZJR[0I MK#`V%**K$]X_I$ZJR^0I[*B3`%V=\/XA=5)=)D]A1YT$Z.JDN"&80O+JI,+8 M4(BN3GC_D#JI+I.GL*-.`G1UPON'U$EUF3R%'74R15Y<46=P5O/H\B"T/:&SH,:T!*AC=1]T/)(-1 MI/_#IO3XA?$V-*-H/AT62XI=HK=#+8H6_"5Z?&)9_M\;CH6EJS?]FP&TI$

A;HA' M$8YEW]?).5MN%@4]ETE:'/$MS@2_"U][AY[;-:%'OAWNAG[L@H7E@/B5`ZDG MJY>,`PE7-_UIBVTC>BZP1=XX`;L(88FJ+.JR8B]AG-\E?%B'YP^G#WSBQ9'=/B5_RK-*ZU;T':&%WO@!NY9A"8N_ M)%=A7-%5XRJ?V]3@":`=?5\`X!MO8-<\K)[6`46$M0WH\P]5,SM`D;8RHB;> M7@4;U15V14AKMR`M3I?TG?]][KL9/J/H=6,6BDT#AURG>FY'$?2&[!2S.7W2 M]=DJASB)NR]\^O[(+(H1`H;T:(;0-@3CI/4JD&@K%,*V;M"LJ%=XB)/]VP>C MBM+HS9S@5XK0'.)D!?=QB'/E3=P*.R?(%6`;=G$2AC5`>AM1]';NL-O9FG*( ML]-1#:2_:U1OYPR[W7VDASB;(/M`;J-RME_75C6S+-L[P;8,NF$=9]]D'Q!8 MH==H[@3GFGJ]ARBBL',4XBU[81S#VS\CMEJJ9\M&:WJ$&R$W?*-H02T39 MIH%#K"NFT4(UJC:A1ZP:ISB]&R5JU^S[ M5"P]R!?I$2@C;([V;JG[Q\]=M)]YR^K/\E^W;H*]YBQ>MNEGO=N(;I\XY.P_ M%\GZY_(.SI/%9LU_K\5[NUFOP_3MU[ADDRWK)E]NSZ[^:Y7E]DC$Y>>"[ MIT9]86&V29GBB=89$7NP=3!K7V#OX*@Q*!]TO=DHG(*#0$VM]![`R<2ITZY9 M-H_/"UT2W6\*>C+E*\-H39-J(^QW_ESMQOAIO"RW!PYC7F[EF`=D^+4G<+;" M-.^]4DB5>P?YFJ"_I(:Q>@+('K%YQJ(E4&Q)Y[%<1OT!*[#<6G9,5[ M++;[EOAT&P$,MO36'`V`VTW\:.5J+S?Q@X8`+[- MOD%P1@WBXC5%6`Q`SLS^__S;5!]*(I6-:_3(_!/D9%>/_[$_@U MC8I0N^ZY!^P(4]H'VP134,F]98LD7MK0J[(D3+`*;G-N+^+L5_WXRQ?I$2DC M;`_LQ>/.6/,%L"/+*%3A!67B*JV?J+/+=4;T:-4A;6O^8[Q/Y840-:MZ,WJ\ MZK&V138P9%:2Y@_)*DKN.,[DA:6:`K!:,WK,ZK&*J"?*!ZH'0ZM@`4,'V.V_ M9W$.U*N?&V,!),".'KL`6/%:0)%7XJ4DBC86ZT&/1HX!<[)4`Y@%XRAZ3,"Y M*6KVSA\N7A=E]=XR!&-@'6Y"EWD8=Y,4A+^6#HH*V88LOS)002BF/*LQ?'HK M*H#8T"I94B=7@BLHQOP`BF"(I9@#S*F3#4B[*8JT4_E>K41`2^H\2W`%Q2A* M3Q_A&SK`#4VI.\&$7W@%127JH=D_!$`KEWRA>3A&R,"P53Z`.77B`1TTQ9R5 MUW`,-5]-QM39UM9[G:',P6\YO)P]OJFGB;VK]-CL013TX:P[U[T;OY.0(5U2 M@6_@#&5F4L#4Q^L)#\LM>((RE`RUHF?C<-09T202&H9H^=O&+[_.B":GP%=^ MAC*O*D`8ONUJ$YI\ZK_CJ-F0I_'2[G1!FP;TF+9!+7C'/J%@R&DN;KQ[#8"; M_5ZH)QR#H]F!H2N/4YS3ST7OQD$*&=(E%1J>*$OO`HAQE@`9TN47F"W@'G!N MF#'HS>ARJYTYX)QF_N$.(\8YP]R?]=8;SN,>]?9AS^H:Y^3GCWQ4U]:1STBU M`F\73VRY63$I=71X@<#IY*>)^+'BG^WO38H?G/SUT^3_9U$3\.\?K2C@D/QC MS2Y_K16QK?Y:G"/N]]>6MP;LQJ#5,!)4V=W]*M=(^Q%?H_5F?;99;U;E)[LL MD5-EY,U?6#HOSN(LSMQ,HT7OG(=A;8DZ8N!=8.X4,T++^X?5)@Z2*[6STG&EO/XZR9=/(49RRP?E:&_0=M+0^\&=9=:C5'D&`]_K=FU MI.TANWM`W0%G0*9_H\$MW/3#]ML,)5FA_^S.XQL6Q2\LR]GR/'J)EEQT%,7R MMHKG&9SS#3]'VW/?<&.H^_3:-#E^0P6(]@]R/!6R).H,$#-J7:PM)!"S;G") MO.>QL^$$'*.`'5%6`<3(I<(:''I.76`1>=M=_;H_72R239S77CS-,I;+-5I! M2Z*\@IA1-]OUD)C8=8=3Y(USVQ!5]^Z[,JI/]*%#M7^2!>R'O!'NKSCR]H?Z:)FRA_I MXOJ1+LC9=]`Q$FD89V6H?'A.WFP[)Z_J95)T,VGZF8B.)G^U7?WMT_6L2EMJ M$O8`.V*O<``I9M)>O\"F+FT/M!R#7..84!<0'2UY+PX?6;'N5"RK`A$+G1E9 MBO60-QGO/BE#:^&J^,9&21KE;USP2+EYA+^^W3EL,85EZ4NT8,'T/@#]:-^, MK%_M;\'"SW7ZGR..GJ>WT3I:A>EU$@]RM:FA$\XVW01J;N!9LGY.8GYK01EH M$O>@]8:%/5DG6&!'S?]K\$P'[T]?>[UV'$+Z5LQ M[A[/6L0V'_`#ZA_PT\4?FX@C*U1VF;H0+XT^M&Q#UJ.6^)$3!PVD.\7PKH_+ M+LN*>9*'*YR'A0^6W\*H2(!.;UBTOM^D62GAM$ZS:4#6B3;@45,8KUEN?$PT M-F1)UN!][Y1%GQCF$\-\8ABY@>D3PWQBF$\,\XEA/C',)X81I-HGAI'U@$\, M\XEA/C',)X;12@S;/O3C6W+!]K=SP>H?GM2_[)._!AXOH\G\TAD1>T'K8&+F M?"G/,=.E?9F,1Q&,X(#0'M4V4N;7-I8"R5X`DBQ,7*!68/U.J5Y\RHCU-57< MU\SLIIE#;II]OTRML8JDJ1L0>X?;0!XOPM;%,RC:!C<`3/D@Y(,<."(FLK<>0\<(!Y^?.3+1[Y\Y(L@U3[R1=8# M/O+E(U\^\N4C7[0B7U5][[NB?-,-RS=IG,';Q#Z%:7%.;;LXT@E['2I+AY>_ M/:E_?&*W2VSROZ*?__M0$2]QUV5OFB"7QH;8&UJ#$C.458V_:N"=A:H#8)46 M8Q`)^KV<5:B08@:>M@#H8H`Z(_J4]L-Y*-&D+H8K/JYA"QDAUY;B6\ MJ+&B+H[@Y$2.3/0ODV>S@HD:[I&ZEV/,_ND'BH5Q(&9?$(YC$(S=(/$(N:BQU?PR3>.P&BX042W69/(D53$$BNF+AW4.*I;KL`HFM8IFB*Q;>/:18JLLN MD-@JEBFZ8BEN"2;1!<52P10DHBL6WCVD6*K++I#8*I8INF+AW4.*I;KL`HFM M8IFB*Q;>/:18JLLND-@JEBFZ8N'=0XJENNP"B:UBF:(K%MX]I%BJRRZ0V"J6 M*;IBX=U#BJ6Z[`*))YTD+WP2>[L_^I<=(+&SH6,V@F()8,42N*%8@E:QS$90 M+`&L6`(W%$O0*I;9"(HE@!5+X(9B"5K%,AM!L02P8@G<4"Q!JUAF(RB6`%8L M@1N*)6@5RVP$Q1+`BB5P0[$$K6*9C:!8`EBQ!&XHEJ!5++,1%$L`*Y;`#<42 MM(IE-H)B"6#%$KBA6()6L>R/H%BFL&*9NJ%8IJUBV%.VWH/LMZ'X+NM^" M[K>@^RWH?@NZWX).<%>NWX*.1K7?@D[6`WX+NM^"_MV9\EO0_1;T>-`6=.[* M\%&Q$_U;CBX]DO:B5WVH]Z3[@] M[+*^&AS]C"Z]G7LL?X_2O4-9OHVXEFO*))C9ENW=8EU&;_.&FCGXA@+K>1C- MW?*I!-[&I?L$7.H#G#[`Z0.GBS^B6K3B0=JWP:ATIQZZ%/XI'70T<3'DY\FXO?X/XN?_+GZS4GUHY._FI_]>P(>1ORC1<#]:J!? M#?2K@>0&IM_NX+<[^-7`C[<:Z+<[^.T./\*JD]_N0&5UR&]W\-L=**SBD%^" M_/%7<5!J[[3K-9ID>94!L>=>!1$S94`[]AK_HG__N]:/M7&8W"K'P3; M]*H1*XYXPUITC++%*BF^MS+&\S`/+U:L6-`P'!:I6H`\*18@F]]6+T$6/4S^ M$GT4RY`6.W+\$O+%Q&\:.6PN8ZY<7K!B1JP8KY_;^Y=Z,7IN:P?YD>A7V,J,4H MFNZ_IM$Z3-]T@17`CC"G?;#;]22PR+UEBR1>VM"KLB1,L`KN=GV'[TSQQ>LS MBS/-\R]?I$>DC%!PA_()JCN_#M,T+)RI&YR`'5E&56`%N2BA_W*&]I2L>)>7 MC&5GH:JTC\Z('JTZI()3E'FG#")9;=;Q=;B68[&`'7UF.V`%N2BG\WP)7Z/U M9GVV66]6Y9-3+ET4)Y`\LCE7:?,'KNKX2XI_4Q(IS%AF^80,_0VR#AIZ(\)A M*+*PQGA>KT,-?Y'9M23K'#OXPB4H.M.`3/\*@ULXYX+MUQ>*"NT_L?/XAD7Q M"\MRMCR/7J(EBY=%L&(K>&'PRS?\'%FG?<,]"8^BB-X;MF3K<@+.9XP%B/8/ M\BHB9$G/#R!<03'.\FP7"40J>1I;XE!T[\4KGP/$C\PT,@$[>H0"8`6Y*`*X M@T-/)W$"6\HP9>WI8I%LXKQVX&F6L5P.68.6]"@%X0J*,05JB\1$K!-T=E*@ M\->V5!,OI04](I4P!94X4<%G5JS]QH_U6K!F\55O1H]4/5;!+$ZTL`=#MP0+ M6KK`;W\9=H:DUN+PL=SV5*P&`Q\KG1D])A\SF/W=N?I;;2.5F%ZG<2#?&QJ2-O+)O3"ER@:\RQ9 M/R@G%Z(=[;6#1;V]-BW`"U(1]&>#9[I0-+U]H1)UX,6I*.HUP;/;"#I M>GO"I.M!"])1]*P=U0X1K(5JM>6$^M?Y=/'')N+(+C?QLO@L\0F)T7F6;>BY MTA*X@_`0BJJLX8F'\2X-E]5RT%FR7D=95B2FJKUB:$+6$P;<@GW,_:;9 M#:M9^I3D3U_"+.?"JUR16_;R=NR:D&7?@%NPC[EC->/_7865KIT_7"=QRA:; MM-C:H,U!&]22KB^LX`N7H,C1K=C"-?NS>#P_A>5^H(LLC]9<;X"1$VT3>DZP MPRW81Q&K0#C`X(1!+>GY8A!\X1),N9MMC99?0@Z/WP1'$L5A^M9@92R^BA>K M3:5=BN*59_PURW337<"047 M6Y%MR)(M`Q6$8LKL&L.GMW^R4!,A`2VIDRO!%13CZN02B6V1&\"<.ME`R9M# M3&V\Y7OUU@O0DCK/$EQ!,:8`KI$4./8"D%MA0IU4@=,BX>9PEV+A.4NQTFT4 M-S8S^VCFB(]F=C[:Y82S<7UT8/;1@2,^.K#ST2[E>D?U4;!G]%&PYX:/"IPV M/CIQR4?72;LS?NB$R]"4ND]-^)ORS"-,?3O0["=E0"N7?*&>K!V-H)J[J"PF M;BISEX@7F`7C(\CJ'AQX&J8R=X[Q6K)(OB1SN^^\;4V>XC%ESC M%%7F\'+V^*9>?NY=I<=F#Z*@#R7<*WHWZAW(D"ZID)9!B<@*($TF^UD2+_@M MI:KM/29CNCSK$#,5/1L??9T132*!1_X81<45 M((RS+)T134Z!&=4QBDXK0!CF46H3FGQJYTS'.`5X.83/2<:^)#%[4]#8N4:3 MOPY`01S:J6?72;PL]JYFT4/$EK>]:5X90O$B6N7VSS!$WP*!BCRE/+ M#HJV^12FQ5[;_#1>=@[!+D]25:M$FP;TF+5!+7A'T3\=%$9I:;"EQ[8!L"`: M111UL%S%Y;\*>JY6JTU6+LMD_Q.F47@?K:+\;?Y0W5/OH//=?H.T8X;CTMC-/E,JIRDJH9^%6\9*]ZAC7F MI)G68!:,X]3QZ+:!V"[;TJ;Z3Y>P3).-1\UE-_8_6V4%^,@ M!5\?4!MG>)>!"P>@*+H.IJ]AEI\GY2XG_L!%_-?9Y8;?"S#<@2:DZ0=P"_91 MQ*&8V\+S=0BEH>Q/:&1K'FW!5X56OM2DMZ!&KA-EPB:(@MR#H%N%T1L0951Q$ MOH>B\KHHKOC'M/3L>;\*(V!'FUH);,,NBM+K`@GX+`0@M;I,F\L*8T,ABG23 M^I<3^?N7R5,8="C$*5RSW?\4IG#J`(73#H4HRDKJ7][23U MOP]3N.\`A?LMA0&*0I+ZES=\]"^3I_"@0R&*!I+Z/X0I/'2`PL,.A>B:AO=_ M!%-XY`"%1QT*T:4,[_\8IO#8`0J/.Q2B"Q?>_PE,X8D#%)YT*$17)_R&('52 M7:9-886QH1!=G?#^(752729/84>=!.CJA/\?TB=5)?)4]A1 M)],1U$FOUD;_,G4*.[4T@ND(ZB2`U4G@@#H).NID.H(Z"6!U$CB@3H*..IF. MH$X"6)T$#JB3P*XN9S#=I:`@[G'>V_<%JY[``=43=%3/;`35$\"J)W!`]00= MU3,;0?4$L.H)'%`]04?US$90/0&L>@('5$_043VS$51/`*N>P`'5$W14SVP$ MU1/`JB=P0/4$'=4S&T'U3&'5,W5`]4P[JF>&HGI$#K"QK`UD2(]6"&U#,(HF M$D@,-6[T9G3)U=:Z"68H6DG@N&%AEL2WK,A>9\NS59AEY]$#EQ'\[B[Y_5RM MUVP9A3E;O7U-V8(5^S6^,BY"Y$(D[_&#=-WU+7?5.!9U6Q[0V-!C M6@.T811UGY$,1K&M`#:EQR^,MZ$91?/IL%A2[!*]'6I1M.`OT>,3R_+_WG`L M+%V]Z=\,H"4]@D&X#<Y5J!OB481CV?=UHEXT#"U4U_VF+;B)X+;)$W3L"N;EBB*HO%K-A+&.=W"1\6 MYW7.CL$-^F;T':''WK@"NQQBB6L>LW)Y>/YP^L`G7AS9[5/RISRKM&Y%WQ%: MZ(T?L(LDEK#X2W(5QA5=-:[RN4T-G@#:T?<%`+[Q!HJN[3VM`ZH3:QO0YQ^J MDG:`742Q1-3$VZM@H[ITKPAI[1:DQ>F2OO._SWTWPV<4O6[,0K%IX)#K%,_M MX2B"WI"=8C:G3[H^6^40)W'WA4_?'YE%D4/`D![-$-J&8)RT7@42;>5#V-8- MFA5U$`]QLG_[8%11&KV9$_Q*$9I#G*S@/@YQ8+V)6V'G!+D"K,W6H,,#\EN# M-#?8V^"BMW/':YTM+XM_BS_=>LN MV&O.XF6;A]>[C^CVB6/._G.1K*L%C?-DL5GSWVL!WV[6ZS!]^S4NZ63+NLF7 MV[.K_UHE]^'J-EJ]L/1+%+,TN[B[;&XLRHO.]O;VID$P^6DB?IG_L_CQGZM? MG]0_/_FKZ>!O;E%W,BEZF53=3*I^)E5'DZ(GK$%5AHNUHZJ^^OU?&8+!3CJ' M^-/I:R0G'1NMQW@.-)P6#X$1;_-4X+R@1>?GR3J,9-D@7QR#2\OAT.56P$6F M\C-[#%?55T(Q4'M7B0W,'KZ:O?=:1;";*2B'X?:E,7C3N+:=%DA#;A>9&F4E M+P=[A]-IR0K_P[]N^8=E;W9P?+SWA:WO>VFU_!FEKI/8"3`%;GH+-L M'I\7XB2ZWQ3T9,I7AM&:)M5&V._\N=J-\=-X6>Z5',:\W,HQ#\CP:T_@;-%J MWGNEE"J3OE6O:JT9M9>U%N@WL*J<69SQ;W.P=W)R/%,.UO[E<9E2N[>@K(^T MINJ(^BRCO2?EU[!_F:H+^DAK%Z#$%/2K3C61*@-BS[T*XC=HB=V&XE.RXCT6 M>Y]+?+I=$09;>@N/!L!M30FTVKV7FW@Y?V;%+K;XL=UH#I`^H!T]!PP`W^8^ M(3BC!G'Q&JZ?5^RW*'^Z84NV+H/.H#>&-*3GCB'HA9!!>3BV@5TG.WD#:D;= M%Q!VX0G4VDT@[SHC>BSKD(I)]2@U/6QW'9)F%@`KR$49L)V*.;8\VS6A1[D= M;L$^2F2Z!:PN/::X3H]7!EO_,CT&^Q@QTR.:WK^F M41%LUSWW@!UA2OM@5?D3WY_<6[9(XJ4-O2I+P@2KX#;G2R/.?M6/OWR1'I$R MPO9@:3SNC`5P`#NRC$+E;E`FKM+ZB3K%7&=$CU8=TO9("8SWJ;P0HF95;T:/ M5SW6ML@+ALQ*TOPA647)'<>9O+!44PU7:T:/63U6$?7$*<8JP]`J6,#0`7;[ M[UF<`QKKY\98#0JPH\;T&4>QMTD!>&OI8.B0K8ARZ\,5!"**<]J#)_> MBK(E-K1*EM3)E>`*BC$_@"(88BGF`'/J9`/2;HHB[52^5RL1T)(ZSQ)<03&* MTM-'^(8.<$-3ZDXPX1=>05&)>FCV#P'0RB5?:!Z.$3(P;)4/8$Z=>$`'33%G MY34<0P%Q`%?3CKSG7OQN\D9$B7 M5.`;.$.9F10P]?%ZPL-R"YZ@#"5#K>C9.!QU1C2)A(8A6OZV\L<_)&'*TC1OO7@/@ M9K\7ZG'/X&AV8.C*XW0?9=U2]&X[\6YXA[ M_+5UK0&[,6@UC`151G>_O#72'L37:+U9GVW6FU7YF2[+XE19>/,7ELZ+PTB+ M0T?3:-$[X&%86Z*.&'@7F+O#C-#R_JG5EFU<=4:^=60USF$S%:8.DJOUAOT/;2T+M!W9E68Q1YQ<-?:W8M:7O([AY0=[T9D.G? M:'`+-_VP_3;#.?RF]^S.XQL6Q2\LR]GR/'J)EEQH%`7RM@KF&9SS#3]'VW/? M<&.H>_/:U#A^0P6(]@]R#!6R).H,$#-J+:PM)!"S;G")O,^QL\D$'*.`'5%6 M`<3(Y<$:''I.76`1>:M=_;H_72R239S77CS-,I;+=5E!2Z*\@IA1-]CUD)C8 M=8=3Y,URVQ!5Z^X[,JI/\:%#M7^&!>R'O#'N+SCR]H?XZ)FRA_CXOHQ+L@9=]#1$6D8 M9V6H?%`>WFP[#Z_J8%+T,&FZF(@^)G^UO?SM4_3@$I::)#W`CMAK&T"*F:C7 M+Z2I2]4#+<<@US@FU(5"1TO8B\-'5JPU%4NI0)1"9T:68CWD3<:[3\IP6K@J MOJM1DG+9ST6.E(]'^(O;G;<6TU:6OD0+%DSO`]"/]LW(^M7^%BS\7*?\.>+H M>7H;K:-5F%XG\2!7FQHZX6S33:#F`YXEZ^-6WQFN7&QT1C0Y9D#=[W3E/TR6`^ M&#^60PGPSFD\%\,AA!JGTR&%D/^&0PGPSFD\%\,ABM9+#M MPSUVS/_:W\[_JG]S4O^H3_@R+B+73&FRO71&Q%[*.IB8>5[*,\ITJ5XFXU%$ M(C@@M,>PC93MM8VE0+(7@"0+$Q>H%5B_4WH7GR9B?4$5]S4SNVGFD)MFWR\[ M:UP_'9C]=."0GP[L_+3+RM>H?@KVC'X*]MSQ4X'5QD_3T?WDPV0^3.;#9.0& MI@^3^3"9#Y/Y,)D/D_DP&4&J?9B,K`=\F,R'R7R8S(?)*(?)KI.V@.Z.(;,# M,&3V'Y/K9-+VX2-HMFMQ7<]81=/4#8B]QVT@CQ=EZ^(9%'&#&XZ_5@H-)M@M ME*)R75P6$3J5N`>3"2`0T<>U.9.^^`&?*A2`8X<%1-9>Z\!PZ0"QK` M<`SQ,I6YZQXH[N&]RQKXZ)>/?OGH%[F!Z:-?/OKEHU\^^N6C7S[Z19!J'_TB MZP$?_?+1+Q_]\M$O6M&OJJ#W75&VZ8;EFY1_*72QKD]A6AQ'VZZ+=&)>A\HR MX>7/3NK?G1AB6Y/_%1W\WX>*RAJ4F.&K:N!5(^XL5!WP MJK08@TC0[^5,0H44,]BT!4`7]],9T:>T'\)#B2!U,5SQ>63IV/,PAXB5[,AS M*^%%C0]U<00G)W(THG^9/)L53-00C]2]'%?N7W:!Q.#]HS1#2)S")$[=(+&S M10QG$6&[>SG`WK_L`HF=F#F*_I>ZWX=)W'>#Q'VYLC,NB7*B0?^R"R1V<@=0 M2BM+W1_")!ZZ0>*A7#09E\0CF,0C-T@\0BY@+'5_#)-X[`:)Q^]?K7@(B2

/:18JLLND-@JEBFZ8N'=0XJENNP" MB:UBF:(K%MX]I%BJRRZ0V"J6*;IBX=U#BJ6Z[`*)K6*9HBL6WCVD6*K++I#8 M*I8INF+AW4.*I;KL`HDGG<0N?!)[.S[ZEQT@L;.)8S:"8@E@Q1*XH5B"5K', M1E`L`:Q8`C<42]`JEMD(BB6`%4O@AF()6L4R&T&Q!+!B"=Q0+$&K6&8C*)8` M5BR!&XHE:!7+;`3%$L"*)7!#L02M8IF-H%@"6+$$;BB6H%4LLQ$42P`KEL`- MQ1*TBF4V@F()8,42N*%8@E:Q[(^@6*:P8IFZH5BFK6+9Q]X([;>=^VWG?MNY MWW;NMYW[;>=^V[G?=DYP)Z[?=HY&M=]V3M8#?MNYWW;^W9GRV\[]MO-XT+9S M[LKP4;'[?,>:RT?2_O/JY]7[T'W%9?VGL^N6BB_-CG30DMAK&\2*NCN]#Z1^ MEYFXE5]YB,1:C`D-R35HU,W5?13*PLB`G5L<#SC)=*@^[?*\&1S^+2V_G'LO?HT3O4)9O(Z[?FM((9K9E>[=8E]';O*%F#KZAP!H> M1G.W?*JIZ_%>BPD^^.B#CS[X2&Y@ZH*/6*7N?ZC@XRZD^>`CG1G`!PH^OMMJ M]I=L$9TN_HQNV8H#N8U6W&-?HIBEV=4Z4HY>JQ8T(S%6T+?*^#DUVC]&:!AG M.="'AE,K77A(_3'Q(6<(OH6'R4<#/UPH>Y=4C0\:RB:_:O7CA[+W\4/98DGA M)LI^KU;'SED>1JM?XY+6@0'LX\E/$_&+_)_%C_Y<_>JD^MG)7\T/_VTJI?ZC MQ:S]NJ!?%_3K@N0&IM^4X#=>!1$S>B6O>Y4`[]AK_HG__N]:/M7& M8W"K'P3;]*H1*PYBPUIXC++%*BF^MS+&\S`/+U:L6-#(ZF;E(N0JN0]7W4BT M9A'RI%B$;'Y=O0Q9]#'Y2_12+$76/=5+DF5?DZJS2=6;7Y+T2Y)^2=(O28ZX M).E3%7VJHE^2_'&7)-\M6\&G*FI2%-QER\_U(*Q12+;/O7'Q"]$ M?V.JX@%U#_L%;K_`K5O@)K_AX,=?X$:I7NX7N-^3PU]8N(SB1RV%S77*R]@- M2-1B$_/[?W/O1B],S6'_,CT*^QA1"TDTW7]-HW68ONE"+(`=84[[8+=K06"1 M>\L62;RTH5=E29A@%=SWKML`4GSQ^LSB3//\RQ?I$2DC%-RA?(+JSJ_#-`T+ M9^H&)V!'EE$56$$N2A)`.4-[2E:\RTO&LK-0599'9T2/5AU2P2G*O%,&D:PV MZ_@Z7,L16<"./K,=L()7S#HOB%93E;GD)'9AJ9@!T]0@&P@EP4`=S!H:>3.($M99BR]G2Q2#9Q7COP-,M8 M+H>L04MZE()P!<68`K5%8B+6"3H[*5#X:UNJB9?2@AZ12IB"2IRHX#,KUG[C MQWHM6+/XJC>C1ZH>JV`6)UK8@Z%;@@4M7>"WOPP[0U)KJP6"7$S\CF/74E89/RQ]"5:L&!Z'X`>M&]&SZ/VV&T\3#[GL7N[\_0V M6D>K,+U.XD$^-C6D[643>N%+%(UYEJR?DYC?4U!.+\0[6^L&"WMZ[%N`%J2C M:,\&SW0@Z7I[PJ3K00O24=1K@VJ3KL0IF4<1O#X8N;1LR=(#=?N+V/HK.[0&YZ9^\J;%Q@-6;[M&:^R@:MOYL M7"9)'B\G$,6!.EFH`<[-O$Y/QFR*? M8?[0R6PPL@XWH*\J"A81.PUFE-I2)9I)5K!+TJ$ MMP?D2Q07>1%792YD>2(-JU8@3M<%/A/KQN8.^,)X#\)#**JRAB<>QKLT7%;+ M06?)>AUE69&8JO:*H0E93QAP"_8Q]YMF-ZQFZ5.2/WT)LYP+KW)%;MG+V[%K M0I9]`V[!/N:.U8S_=Q56NG;^<)W$*5MLTF)K@S8';5!+NKZP@B]<@B)'MV(+ MU^S/XO'\%);[@2ZR/%ISO0%&3K1-Z#G!#K=@'T6L`N$`@Q,&M:3GBT'PA4LP MY6ZV-5I^"3D\?A,<212'Z5N#E;'X*EZL-IT:W7+09/COT'/7-]R,T4?!GAL^*G#:^.C$)1]=)^W.^*$3+D-3ZCXUX6_* M,X\P]>U`LY^4`:U<\H5ZLG8T@FKNHK*8N*G,72)>8!:,CR"K>W#@:9C*W#G& M9RWC8ZAL&0X\J5*9.\?X0R M&H^0BDAUX9RMDBR*'^WX[AM39[N/6'"-4U29P\O9XYMZ^;EWE1Z;/8B"/I1P MK^C=J'<@0[JD0EH&)2(K@#29[&=)O."WE*JV]YB,Z?*L0]R((R%(U7]&Q\]'5&-(D$'OEC%!57@##.LG1&-#D%9E3'*#JM`&&81ZE- M:/*IG3,=XQ3@Y1`^)QG[DL3L34%CYQI-_CH`!7%HIYY=)_&RV+N:10\16]YR M1C9R4H_>C":=:JR"613)5,`H/?HE3']G>9$HI""U9T&3SQY,027:\8;727X5 M%X>]+L_9,W_7\%]]XW_(HWRC*K-MTX(FU4;8@GH4-56^VY71B:TK-*F4HPS' M*`*I[%E7AE.^2)2X?K'-$S3!HV",*D\M.RC:YE.8%GMM\]-XV3D$NSQ)5:T2 M;1K08]8&M>`=1?]T4!BEI<&6'ML&P()H%%'4P7(5E_\JZ+E:K399N2R3_4^8 M1N%]M(KRM_E#=4^]@\YW^PW2CAER(\)A*+JK@W$>EWDT\_0SRP"?2&:D:9>P M"F9QZO6T,$Z7RZC*2:IFX%?QDKWJ&=:8DV9:@UDPCE/'IP/G)8Q6]:/U]8EK M'X#MOBEMIOMX! ME+N<^`,7\5]GEQM^+\!P!YJ0IA_`+=A'$8=B;@O/UQV8G/=.R-Y#$8BB>^,\ M'#*DRRIT2O8>JL:L'Y9Z*VIY$-_G)%S*KV:S.5VR]9@;RE'DY6D<;\)5A5>] MUJ:TH$>L$F;#)8J"W(*@6X33&1%G5'$0^1Z*RNNBN.(?T]*SY_TJC(`=;6HE ML`V[*$JO"R3@LQ"`U.HR;2XKC`V%*-)-ZE].Y.]?)D]AT*$0IW#-=O]3F,*I M`Q1..Q2B*"NI?WES0_\R>0IG'0I1Y)'4_SY,X;X#%.ZW%`8H"DGJ7][PT;], MGL*##H4H&DCJ_Q"F\-`!"@\[%*)K&M[_$4SAD0,4'G4H1)G508&PK1U0GO'U(GU67R%';4R11= MG?`>(752729/84>=3-'5">\?4B?59?(4=M3)%%V=\/XA=5)=)D]A1YU,T=4) M[Q]2)]5E\A1VU,D479WP_B%U4ETF3V%'G4Q'4">]6AO]R]0I[-32"*8CJ),` M5B>!`^HDZ*B3Z0CJ)(#52>"`.@DZZF0Z@CH)8'42.*!.`KNZG,%TEX*"N,=Y M;]\7K'H"!U1/T%$]LQ%43P"KGL`!U1-T5,]L!-43P*HG<$#U!!W5,QM!]02P MZ@D<4#U!1_7,1E`]`:QZ`@=43]!1/;,15$\`JY[``=43=%3/;`35,X55S]0! MU3/MJ)X9BNH1.<#&LC:0(3U:(;0-P2B:2"`QU+C1F]$E5UOK)IBA:"6!XX:% M61+?LB)[G2W/5F&6G48EW>15_39/LF=](KT+/P+:4W65U M`\(S^R@"KM@&?)<4V>$5O%IY;WE`8T./:0W0AE'4?48R&,6V`MB4'K\PWH9F M%,VGPV))L4OT=JA%T8*_1(]/+,O_>\.QL'3UIG\S@);T"`;A-ARCB,5FMZD2 M$O"N@!K08]P&=4,\BL2$$0TBW3W".V2CB-'/R9]V+Q+(D![)$-J&8%0QJD0$ MO$4`>WIT6X!N6$?5J4I`0QAWCNT.TRC"T:X:G$,EX$QUWX(#%-DGPR@J!I@J M(EBVH<^Y!GCC`129*(/JE(?BCU_\R.2U+)L&]+E7H6Z(1Q&.9=_7R3E;;A8% M/9=)6IQS+@Y&OPM?>R>_VS6A1[X=[H9^[$J(Y8#XE0.I)ZN7C`,)5S?]:8MM M(WHNL$7>.`&[NF&)JBP6LV(O89S?)7Q8G->^,*['*():YY MS,KEX?G#Z0.?>'%DMT_)G_*LTKH5?4=HH3=^P"Z26,+B+\E5&%=TU;C*YS8U M>`)H1]\7`/C&&RBZMO>T#JA.K&U`GW^H2MH!=A'%$E$3;Z^"C>K2O2*DM5N0 M%J=+^L[_/O?=#)]1]+HQ"\6F@4.N4SRWAZ,(>D-VBMFA5(M)4/85LW:%;403S$R?[M@U%%:?1F3O`K16@. M<;*"^SC$@?4F;H6=$^0*L#9;@PX/R&\-TMQ@;X.+WLX=KW6VO!SB[,Q4`^GO M6/*O:.$&Z"GCC`12)>_<4I?D;_)74V-!C6`.T810E*"R!T'T']6;D>55] M\U"TYS8.U9=.:4&=4/FKAJ(TMR&`--)GL$,>2J2UZ=WXM0(M"=,*?IG>2\DM M6521S/\AL\S_]*^+..>B_X8]1@72.%>\1M4F](A5XVR.,<>(,C;[5!5+#_)% M>@3*"-L3_EKN_O%S%^YGWK3ZL_S7K;M@KSF+EVV^7.\^HMLGCCG[ST6RKM:0 MSI/%9LU_KP5\NUFOP_3MU[BDDRWK)E]NSZYN-ED6A7PN\LR6%W>7S2U%>='- MWM[>=!I,?IJ(W^3_+'[VY^IW)_4/3_YJ?OIO;E'__*3X_4G5P:3J85)T@36. MRDBN=B#55[__6T)0U\FT$'\Z?8WD?&"C]1A#7\-I,>Z->)L'`>>=+#H_3]9A M)"L%^>(87%H.ARZW`BXRE9_98[BJ/@R*@=J[2FQ@]O#5[+W7PH'=Y$`Y#+3G8.YQ.2U;X'_YUR[\H>_M'T^G1%[:^[V6\]B^/ MP8[*=04U?71;3R3A2$\GO^D+"[--RA1/M,Z(V(.M@UG[`F7-M8]!^:#KS4;A M%!P$:FJE]P!.;E:='LZR>7Q>Z)'H?E/0DRE?&49KFE0;8;_SYVHWQD_C9;F- M<1CS>^5&JK,QU:]JK5FU%[66J#?P*IR9G'&O\W!_M') M\8%RL/8OC\N4VKT%97VD-55'U&<9[3TIOX;]RU1=T$=:NP`EC*!?:*J)5!D0 M>^Y5$+]!2^PV%)^2%>^QV)9<(#T`>WH.6``^#;="<$9-8B+UW#]O&*_1?G3#5NR=1EG!KTQI"$]=PQ! M+X0,RL.Q#>PZV=<9T6-9AU1,JD(F1'1]/XUC8HHN^ZY!^P(4]H'JTJ9^/[DWK)%$B]MZ%59$B98 M!;K3J MD+:G/6"\3^6%$#6K>C-ZO.JQMO57,&16DN8/R2I*[CC.Y(6EFD*U6C-ZS.JQ MBJ@G3IU4&896P0*&#K#;?\_BG)U8/S?&0DV`'3UV`;#BM8`BK\1+2127+-:# M'HT<`^9DJ08P"\91])B`9;@"HI1E)X^PC=T@!N:4G>"";_P"HI*U$.S?PB`5B[Y0O-P MC)"!8:M\`'/JQ`,Z:(HY*Z_A&&K3FHRILZVM2SM#F8/?WQ33Q-[5^FQ MV8,HZ,-9=ZY[-WXG(4.ZI`+?P!G*S*2`J8_7$QZ66_`$92@9:D7/QN&H,Z)) M)#0,T?*WC5]^G1%-3H&O_`QE7E6`,'S;U28T^=1_QU&S(4_CI=TIB#8-Z#%M M@UKPCGV$Q9!39]QX]QH`-_N]4$]B!D>S`T-7'J?[*.N6HG?C((4,Z9(*#4^4 MI7`<GTG7&\ZC MG`7HSQ0;YXSPCWRDV-:9X$@E`F\73VRY63$I=7187<#IY*>)^*'BG^UO38H? MF_QEJ@3X]X]6"G!(UK%F;[_6BM@&?RW.$7?Y:XM9`W9CT&H8":J<[GY-:Z1= MB*_1>K,^VZPWJ_)#71;&J?+PYB\LG1JP["V1!TQ\"XP]X<9 MH>7](Z4MV[CJC'SK/&F<$V8J3!TD5^OG)&/+>?QUDRZ>PHQEEH_*T-^@[:6A M=X.Z-ZW&*#*+A[_6[%K2]I#=/:#N>S,@T[_1X!9N^F'[;89SXDWOV9W'-RR* M7UB6L^5Y]!(MN=0H2N1ME)IE+)LA,;'K#J?(V^6V(:KF9DH+HFPJL;[W M;CE_D(L_R,4?Y$)N8/J#7/Q!+CNRHW*=/\B%RH/M#W+9E5-_D`L=JOU!+F0] MX`]R><>7M3_(1\^*0-JX:KXLD9)RH4_ESE21A[A;VYWYEI, M7%GZ$BU8,+T/0#_:-R/K5_M;L/!SG?3GB*/GZ6VTCE9A>IW$@UQM:NB$LTTW M@9H1>):LGY.8WUI0AI?$/6B]86%/U@D6V%&S_AH\TX'1>;T^?>SUVW*+Y5HR[Q[,6LY.$*YV'A@^6W,"K2GM,;%JWO-VE62CBMTVP: MD'6B#7C4Q,5KEAL?$XT-69(U>-\[4=&G@_ET,)\.1FY@^G0PGP[FT\%\.IA/ M!_/I8`2I]NE@9#W@T\%\.IA/!_/I8+32P;8/^-@U`VQ_.P.L_M%)_:L^YRWK8&)F>BE/*M,E>YF,1Y&)X(#0'L8V4K[7-I8"R5X`DBQ, M7*!68/U."5Y\HHCU#57#`<365N?,>.$`N:@##,43,5.:N>Z"XA_#C7S[^ MY>-?Y`:FCW_Y^)>/?_GXEX]_^?@70:I]_(NL!WS\R\>_?/S+Q[]HQ;^JJMYW M1>FF&Y9OTCC31[L^A6EQ*FV[,-*)>ATJBX67OSNI?WABBFY-_E?T\'\?*LXE M[KKL31/:TM@0>R]K4&(&L*J15PTY/K0*/N0)ALIB#")!OY=S"152S'#3%@!= MY$]G1)_2?A`/)8;4Q7#%9Y*E8\_#'")6LB//K807-4+4Q1&_^R"R1VHN8H M*P!2]_LPB?MND+@OUW?&)5%.->A?=H'$3O8`2H%EJ?M#F,1#-T@\E$LGXY)X M!)-XY`:)1\AEC*7NCV$2C]T@\?C]:Q8/(?$$)O'$#1)/.J$I;!)YCY!BJ2Z3 M)[&"*4A$5RR\>TBQ5)==(+%5+%-TQ<*[AQ1+==D%$EO%,D57+,4MP22ZH%@J MF()$=,7"NX<42W79!1);Q3)%5RR\>TBQ5)==(+%5+%-TQ<*[AQ1+==D%$EO% M,D57++Q[2+%4EUT@L54L4W3%PKN'%$MUV0426\4R15#]IXSET9/BKVG^]:=_E(VH%>_;YZ M)[JON@Q\/+N.J0C3[$D'+8F]N$&LJ/O3^T#JMYF)6_FEATBLQ9C0D%R#1MU> MW4>A+(X,V+G%\8#S3'P2_AJ+=1F]S1MJ-OK1HT-]"M;P,)J[Y5$)O(U#]PE\5;QDK^7_J5?\SI/K)+]A#RL.]YPM-XLR,G*9I)>,9?7A'MF\"I_D M_)>235K\+[^-!;]YY6.`VS7-F!,N!UN5#YUZD#]&-!UG_=1'TU,KW75(_3'Q M47H(OH6'R0=0/UST?Y?LE@\:_=]EF<]'_]\U^K^/'_T7JR4W4?9[-3<\9WD8 MK7Z-2UJ'QOR/)S]-Q$_R?Q:_^G/ULY/J=R=_-;_\M['^_(\6YO>+GG[1TR]Z MDAN8?B>'W\GA%ST_WJ*GW\GA=W+\"&M/?B<'E34BOY/#[^2@L)9#?B'RQU_+ M02DKU*[::'8$J`R(/?@UO](-BF5XU8 M<7H=UM)CE"U62?&]E3&>AWEXL6+%@@9P^J5J_?&D6']L?E>]`EG\^N0O\?M^ M%=*O0OI52+\*.?K`]*F7/O72KT)^O%7(=TM1\*F7HRX2C9)Z23ZG[*,N?X^[ M&/NAEK\M$O,H['CSR^K?,_7R@+J'_7*]7Z[7+=>3WT#QXR_7HQ2P]\OU[\GA M+RQ<1O&CEL+F.N5%^08D:K61^?V_N7>Y/%%SV+],C\(^1M1*(DWW7]-H':9O MNH`18$>8TS[8[6(@6.3>LD42+VWH55D2)E@%=[L\QW>FN%YH4#__\D5Z1,H( M!7DA7OLE@0.PM5=9ET1O1H MU2$5G*+,.V40R6JSCJ_#M1QL!NSH,]L!*\A%.5#I2_@:K3?KL\UZLRJ?G'+I MHC@TYI'-N4J;/W!5QU]2_)NZD`D?V):>$P;>@'`,2ME)([;\J1_(L&OCH",J MX$UX%-$!'217Z[+$[SS^NDD73V$1Z+![0H;^!ED'#;T1X3`465AC/*_7H8:_ MR.Q:DG6.'7SA$A2=:4"F?X7!+9QSP?;K"T6%]I_8>7S#HOB%93E;GD)'9AJ9@!T]0@&P@EP4`=S!H:>3.($M99BR M]G2Q2#9Q7COP-,M8+H>L04MZE()P!<68`K5%8B+6"3H[*5#X:UNJB9?2@AZ1 M2IB"2IRHX#,KUG[C1Y&%J%Y\U9O1(U6/53"+$RWLP=`MP8*6+O#;7X:=(:FU M.'PLMW05J\'`QTIG1H]CYU%[ M[#8>)I_SV+W=>7H;K:-5F%XG\2`?FQK2]K()O?`EBL8\2];/2L&A]OTFS4HUI_673@)[_;%`+GZ%(^6N6&Q\- MC0T]=C5`!:$H<4^SAXO#`^)R?A-D<\P?^AD-AA9AYO091[&+=C'U)J?4A;^_IQ$<5Y422PB]AK- MJ30DR[02K>`7)<+;`_(EBHN\B*LR%[(\88=5*Q"GZP*?B75C\70A*PG#+@%^YC[3;,;5K/T*W8@O7[,_B\?P4EON!+K(\6G.]`49.M$WH.<$.MV`?1:P"X0"# M$P:UI.>+0?"%2S#E;K8U6GX).3Q^$QQ)%(?I6X.5L?@J7JPVG8KC'RC+]FF6ZZ"YC3=84>[H^&7`3PDF8JOOB-5P_K^!B*[(-6;)EH()03)E= M8_CT]D\6:B(DH"5U7.(J8VW?*_>>@%:4N=9 M@BLHQA3`-9("QUX`[ MG-PVKH\.S#XZ<,1'!W8^VJ5<[Z@^"O:,/@KVW/!1@=/&1R@Z:7?&#YUP M&9I2]ZD)?U.>>82I;P>:_:0,:.62+]23M:,15',7E<7$367N$O$"LV!\!%G= M@P-/PU3FSC$^:QD?0V7+<.!)E(141*H+YVR59%'\:,=WWY@ZVWW$@FNW]3+S[VK M]-CL013TH81[1>]&O0,9TB45TC(H$5D!I,ED/TOBX@#!5+6]QV1,EV<=XN9D M):PS:?2GT1!^!6S!$Y2A:+RB9^.CKS.B223PR!^CJ+@"A'&6I3.BR2DPHSI& MT6D%",,\2FU"DT_MG.D8IP`OA_`YR=B7)&9O"AH[UVCRUP$HB$,[]>PZB9?% MWM4L>HC8\I8SLI&3>O1F-.E48Q7,HDBF`D;IT2]A^CO+BT0A!:D]"YI\]F`* M*M&.-[Q.\JNX..QU>^;N&_^H;_T,>Y1M5F6V;%C2I-L(6U*.HJ?+=KHQ. M;%VA2:4<93A&$4AES[HRG/)%HL3UBVV>H`D>!6-4>6K90=$VG\*TV&N;G\;+ MSB'8Y4FJ:I5HTX`>LS:H!>\H^J>#PB@M#;;TV#8`%D2CB*(.EJNX_%=!S]5J MM^H==+[;;Y!VS)`;$0Y#T5T=C/.XS*.9IY]9 M!OA$,B--NX15,(M3KZ>%<;I<1E5.4C4#OXJ7[%7/L,:<--,:S()QG#H^'3@O M8;2J'ZVO3US[`&SW36DSW<0J##H4X MA6NV^Y_"%$X=H'#:H1!%64G]RYL;^I?)4SCK4(@BCZ3^]V$*]QV@<+^E,$!1 M2%+_\H:/_F7R%!YT*$310%+_AS"%APY0>-BA$%W3\/Z/8`J/'*#PJ$,ANI3A M_1_#%!X[0.%QAT)TX<+[/X$I/'&`PI,.A>CJA-\0I$ZJR[0IK#`V%**K$]X_ MI$ZJR^0I[*B3`%V=\/XA=5)=)D]A1YT$Z.JDN"&80O+JI,+84(BN3GC_D#JI M+I.GL*-.INCJA/<(J9/J,GD*.^IDBJY.>/^0.JDNDZ>PHTZFZ.J$]P^ID^HR M>0H[ZF2*KDYX_Y`ZJ2Z3I["C3J;HZH3W#ZF3ZC)Y"COJ9#J".NG5VNA?IDYA MIY9&,!U!G02P.@D<4">!7=7*8'I$_9Q8Z;Y@U1,XH'H*C%:NV:42XIBN@=54 MX(":"NSJB`;370H@CND:6*4%#JBT`J.-:V;T3X;?OB]8_04.J+^@H_YF(ZB_ M`%9_@0/J+^BHO]D(ZB^`U5_@@/H+.NIO-H+Z"V#U%SB@_H*.^IN-H/X"6/T% M#JB_H*/^9B.HORFL_J8.J+]I1_W-4-2?R(4VEO>!#.G1"J%M"$:)7`DDAEH_ M>C.ZY&IK_@0SE(B6P''#PBR);UF1Q<^69ZLPR\ZC!SX'YG=WR>_G:KUFRRC, MV>KM:\H6K-BW\I7Q&;1PNJQL0GME'"=\5VZ'ODB)+OH)7R\8M#VALZ#&M`=HP MBKK?2@:CV%X!F]+C%\;;T(RB^718+"EVB=X.M2A:\)?H\8EE^7]O.!:6KM[T M;P;0DA[!(-R&8Q2QV.RZ54("WA50`WJ,VZ!NB$>1F#"B0:2[1WB';!0Q^CGY MT^Y%`AG2(QE"VQ",*D:5B("W"&!/CVX+T`WKJ#I5"6@(X\ZQW6$:13C:5<5S MJ!2>J?Y=<(`B^V081>4$4V4(RS;T.=<`;SR`(A-E4)TR6?SQBQ^9O)9ETX`^ M]RK4#?$HPK'L^SHY9\O-HJ#G,DF+\][%`?%WX2N31[Y=$WKDV^%NZ,>N"%D. MB%\YD'JR>LDXD'!UTY^VV#:BYP);Y(T3L*L\EJC*HCDK]A+&^5W"A\5YG7!B M<(.^&7U'Z+$WKL`N"UGBFL>L7!Z>/YP^\(D71W;[E/PISRJM6]%WA!9ZXP?L M8I$E+/Z27(5Q15>-JWQN4X,G@';T?0&`;[R!HFM[3^N`*LW:!O3YAZK%'6`7 MDRP1-?'V*MBH+F$L0EJ[!6EQNJ3O_.]SW\WP&46O&[-0;!HXY#K%8S>F3KL]6.<1)W'WAT_='9E'L$3"D1S.$MB$8)ZU7@41;`1*V=8-F13W( M0YSLWSX8591&;^8$OU*$YA`G*[B/HSS4O+A/MLB\U9^F([R&P7K/1W`E/2IBM'$E^%VOGQ,U;]L+XO;W],V*KI5HS M&*WI.=((6?CJ"$41:^'H)(1-`X=85XB)(Q1=K$.D.G?)8.L.W=LG+P5'*`)9 M!\:29)?X[5"+HH@5..["UXL_-M%+N.)W9LFSJHT3I*N`-QY`$C5\KT)(PK>"7Z;V"G$L6523S?\@L\S_]ZR+.N0*]88]1@33. M%:]1M0D]8M4XFT/B,6*7S>Y7Q9*&?)$>@3+"]OS$EKM__-R%^YDWK?XL_W7K M+MAKSN)EFX77NX_H]HECSOYSD:RK!8WS9+%9\]]K`=]NUNLP??LU+NEDR[K) MQ9JECU'\6$WZLO/H)5KROB[N+IL[B_*BM[V]O>DLF/PT$3_-_UG\^L_5ST_J MWY_\U?3P-[>H>YF(;B9U/Q/1T:3H"6M4E=%B[;"JKW[_=X9@L)/-(?YT^AK) M.<=&ZS$>!`VGQ5-@Q-L\%CAO:-'Y>;(.(UDWR!?'X-)R.'2Y%7"1J?S,'L-5 M]9E0#-3>56(#LX>O9N^]EA'LI@K*8;A]:0S>-*YMYP72D-M%IT99RW]402#D)T@_@Y'_5*>@LF\?GA3J) M[C<%/9GRE6&TIDFU$?8[?ZYV8_PT7I9;)8*:7* MG&_5JUIK1NUEK07Z#:PJ9Q9G_-LDV M11ALZ:T\&@"W)2702O=>;N+E_)D5F]CBQW:?.4#Z@';T'#``?)O\A.",&L3% M:[A^7K'?HOSIABW9NHPZ@]X8TI">.X:@%T(&Y>'8!G:=[.0-J!EU7T#8A2=0 M2S>!O.N,Z+&L0RHFU:.4]+#==$B:60"L(!=EP'8*YMCR;->$'N5VN`7[**'I M%K"Z\ICB.CU>%2!K$E%&\/S^WUP;1"^:XFW]R_08[&/$S(]H>O^:1D6P7??< M`W:$*>V#5250?']R;]DBB9D3*"-OSM?&X M,]:_`>S(,@I5NT&9N$KK)^H<I_)"B)I5O1D]7O58VQHO M&#(K2?.'9!4E=QQG\L)233%L MGQMC,2C`CAZ[`%CQ6D"15^*E)`I8%NM!CT:.`7.R5`.8!>,H>DS`N2GJ%\\? M+EX7927C,@1C8!UN0I=Y&'>3%(2_E@Z*"MF&++\R4$$HICRK,7QZ*ZJ6V-`J M65(G5X(K*,;\`(I@B*68`\RIDPU(NRF*M%/Y7JU$0$OJ/$MP!<4H2D\?X1LZ MP`U-J3O!A%]X!44EZJ'9/P1`*Y=\H7DX1LC`L%4^@#EUX@$=-,6]&[^3D"%=4H%OX`QE M9E+`U,?K"0_++7B",I0,M:)GXW#4&=$D$AJ&:/G;QB^_SH@FI\!7?H8RKRI` M&+[M:A.:?.J_XZC9D*?QTNZD19L&])BV02UXQSXF8\C)-FZ\>PV`F_U>J*<] M@Z/9@:$KC]-]E'5+T;MQD$*&=$F%AB?*TKL`8IPE0(9T^05F"_LH0D``,7^44PC]N7?[HYPWZ,\M&^<<\H]\;-G6N>-(!0-O M%T]LN5DQ*75TIRJ!T\E/$_%[Q3_;GYP4OSGYR[(NX-\_6F'`(3G(FIW^6BMB MV_VU.$?<\Z\M=`W8C4&K822H,KS[]:Z1]B2^1NO-^FRSWJS*SW99)J?*RIN_ ML'1>G$U:G$&:1HO>B0_#VA)UQ,"[P-PM9H26]P^QMFSCJC/RK1.L<4Z?J3!U MD%RMGY.,+>?QUTVZ>`HSEED^*D-_@[:7AMX-ZDZU&J/(,Q[^6K-K2=M#=O>` MN@O.@$S_1H-;N.F'[;<9SFDXO6=W'M^P*'YA6%,S;*J!G<,XW_!QM MSWW#C:'NU6M3Y?@-%2#:/\@Q5Z(&?@04=) MI&&55'DZ*G2=/51/0U^:OM[6^?LF=7XE*3M`?8$7N-`T@Q M$_?ZA39UJ7N@Y1CD&L>$NI#H:`E\\R7CW21E> M"U?%=S9*TBA_XZ)'RL\C_`7NSF.+:2Q+7Z(%"Z;W`>A'^V9D_6I_"Q9^KE,` M'7'T/+V-UM$J3*^3>)"K30V=<+;I)E#S`\^2]7,2\UL+RF"3N`>M-RSLR3K! M`CMJ#F"#9SJ0>[T]?>[UV%'S_QH\LX'TC=OT9G.N6Y7=VTRY)EGN3A M"L=)?!#^%D9%-G75;"1O53L&?T4[#GCI\*K#9^ MFH[N)Q\V\V$S'S8C-S!]V,R'S7S8S(?-?-C,A\T(4NW#9F0]X,-F/FSFPV8^ M;$8Y;':=M&6&OS&$=@"&T/YC`9%X."&XZ^=0H,)=@NE*%T7ET7$3F7NLBO$/6`>)V5``\?B5.;..V"&?)24 M`0X<95.9.^^!`^2R#S`<0_Q,9>ZZ!XI[>._B#SX:YJ-A/AI&;F#Z:)B/AOEH MF(^&^6B8CX81I-I'P\AZP$?#?#3,1\-\-(Q6-*PJ?WY7U+^Y8?DFC3-C[.M3 MF!:'^;;K(YT8V*&RN'KY\Y/Z]R>6L:[)_XJ._N]#1;W$79>]:0)=&AMB;VD- M2LQP5C4`JY%W%JJ.R55:C$$DZ/=R9J%"BAE\V@*@BP/JC.A3V@_IH424NABN M^+RR=.QYF$/$2G;DN97PHL:+NCB"DQ,Y.M&_3)[-"B9JR$?J7HXS]R^[0&+P M_E&;(21.81*G;I#8V4*&LZBPW;T<<.]?=H'$3@P=93U`ZGX?)G'?#1+WY7K8 MN"3*B0?]RRZ0V,DE.!R!Q$.8Q$,W2#R42T+CDG@$DWCD!HE'<@EF7!*/81*/ MW2#Q6*Z+C$OB"4SBB1LDGG0"5=@D\AXAQ5)=)D]B!5.0B*Y8>/>08JDNNT!B MJUBFZ(J%=P\IENJR"R2VBF6*KEB*6X))=$&Q5#`%B>B*A7/>08JDNNT!BJUBFZ(J%=P\IENJR"R2VBF6*KEAX]Y!BJ2Z[0&*K6*;H MBH5W#RF6ZK(+)+:*98JN6'CWD&*I+KM`XDDGT0N?Q-X.D/YE!TCL;.J8C:!8 M`EBQ!&XHEJ!5++,1%$L`*Y;`#<42M(IE-H)B"6#%$KBA6`*[NJ*S?>KI<-)M MP4HH<$,)!:T2FHV@A`)8"05N**&@54*S$910`"NAP`TE%+1*:#:"$@I@)12X MH82"5@G-1E!"`:R$`C>44-`JH=D(2BB`E5#@AA(*6B6T/X(2FL)*:.J&$IJV M2F@?>\.UW][NM[?[[>U^>[O?WNZWM_OM[7Y[.\$=OWY[.QK5?GL[60_X[>U^ M>_MW9\IO;_?;V^-!V]NY*\-'Q2[W;ZSU?"3M]W]Y6>S9_2KILJWC0[ MWT%+8J]Q$"OJ+O@^D/K=9N)6?@4B$FLQ)C0DUZ!1-W'W42@+,@-V;G$\X$35 MG8[JQ`VI:^ZO%Q;6VSGH/>RRP1H<_6PQO9U[+'^/TL!#6;Z-N)YK2C"8V9;M MW6)=1F_SAIHY^(8":X48S=WRJ03>QJ44\KA\D-,'.7V0D]S`U`4YL4KW_U!! MSEU(\T%..C.+#Q3D?+=5\_/DS_\GB7MKAK=LQ7&)5;RK>,E>E4-Y>'.:L:#A M][%5K="IA^)C1*IQ5B-]I#JUTC"'U!\3'P&'X%MXF'QP\L-%UG?)'/F@D77R MBV8_?F1]'S^R+E8>;J+L]VIQ[ISE8;3Z-2YIW3&>?CSY:2)^F?^S^/&?JU^? M5#\_^:OIX&_;"O(_6@C=+R?ZY42_G$AN8/H]$W[/A%]._'C+B7[/A-\S\2.L M1/D]$U16C/R>";]G@L+*#OEER1]_90>E@$^[AJ/)ME<9$'ON51`QHUGR.E@) M\(Z]YI_X[_^NY5-M/`:W^D&P3:\:L>+\.:R%R"A;K)+B>RMC/`_S\&+%B@4- M\VF6JM7(DV(ULOEY]7IDT5QESD_U,*R10(Z8X'E#WL%\(]POA MNH5P\AL5?OR%<)0B['XA_#TY_(6%2SY7UE+87*>\W-V`1*V1,;__-_=N],+4 M'/8OTZ.PCQ&U_D73_=E66A`E6 MP=TN*?&=*;YX?69QIGG^Y8OTB)01"NY0/D%UY]=AFH:%,W6#$[`CRZ@*K"`7 M)5F@G*$])2O>Y25CV5FHJB:D,Z)'JPZIX!1EWBF#2%:;=7P=KN7`+6!'G]D. M6$$NRJ%`7\+7:+U9GVW6FU7YY)1+%\7!)X]LSE7:_(&K.OZ2XM_4A4SXP+;T MG##P!H1C4(HE&K'E3[W%!,LV#CJB`MZ$&A$=T$%RM2[KT\[CKYMT\11F++-\ M0H;^!ED'#;T1X3`465AC/*_7H8:_R.Q:DG6.'7SA$A2=:4"F?X7!+9QSP?;K M"T6%]I_8>7S#HOB%93E;BJAL$:S8"EX8_/(-/T?6:=]P3\*C**+WABW9NIR` M\QEC`:+]@[R*"%G2\P,(5U",LSS;10*12I[&EC@4W7OQRN<`\2,SC4S`CAZA M`%A!+HH`[N#0TTFL$G9T4*/RU+=7$2VE!CT@E3$$E3E3PF15KO_%CO1:L67S5F]$C58]5,(L3 M+>S!T"W!@I8N\-M?AITAJ;4X?"QW216KP<#'2F=&CUP]5HN$N!GYG,>N)"PR M_ECZ$BU8,+T/0`_:-Z/G47OL-AXFG_/8O=UY>ANMHU687B?Q(!^;&M+VL@F] M\"6*QCQ+UL])S.\I**<7XIVM=8.%/3WV+4`+TE&T9X-G.I!TO3UATO6@!>DH MZK7!,QM(NMZ>,.EZT()T%#UK1[5#!&NA6FTYH?YU/EW\L8DXLLM-O"P^2WQ" M8G2>91MZKK0$;N-8\AM1C5YTPV6[^F=*W3]\_/T61D4,++UAT?I^DV:ERM/Z MRZ8!/?_9H+;Q)_D"X-^ M#ADZP&X_@7T?1>_W@-ST#T[5V#C`:@54$(JBY>O/T662Y'&2L\RPW4)E1X]8 M`*P@%T6SBV^]R+NKLKA,'`/F9*D&,#?[5S$9ORGR.N8/G0P/(^MP$[K,P[@% M^R@Q[AK2IY2%OS\G49P7!1B+S`6-1E8:DF5:B5;PBQ+I[@'Y$L5%?LA5F1-: MGNC#JI68TW6!S\2ZL;D#OC#>@_`02J"\AB<>QKLT7%;+8F?)>AUE69&@J_:* MH0E93QAP"_8Q]]UF-ZQFZ5.2/WT)LYP+KW)ET4?!GAL^*G#:^.C$)1]=)VV%@*$3+D-3ZCXUX6_*5(\P]>U`LY^4`:U< M\H5ZLG8T@FKNHK*8N*G,72)>8!:,CR"K>W#@:9C*W#G&9RWC8ZAL&0X\J5*9 M.\?X0R&H^0BFEUX9RMDBR* M'^WX[AM39[N/6'"-4UR:P\O9XYMZ^;EWE1Z;/8B"/I1PK^C=J'<@0[JD0EH& M)2(K@#29[&=)O."WE*JV]YB,Z?*L0]R<,(5U-H_^5!["KX`M>((R%(U7]&Q\ M]'5&-(D$'OEC%!57@##.LG1&-#D%9E3'*#JM`&&81ZE-:/*IG3,=XQ0BYA`^ M)QG[DL3L34%CYQI-_CH`!7%HI[]=)_&RV+N:10\16]YR1C9R4H_>C":=:JR" M613)5,`H/5J=/5TD"BE([5G0Y+,'4U")=LSC=9)?Q<6AM\MS]LS?-?Q7W_@? M\BC?*.:=5BUH4FV$+:A'45/ENUT9G=BZ0I-*.4?1/!X51 M6AILZ;%M`"R(1A%%'2Q71ZLH?YL_5/?4._!] MM]\@[9@A-R(4W=G\;Y<4X2,'7!]3&&=YEX,(!*(JN@^EKF.7G2;G+B3]P$?]U=KGA]P(, M=Z`):?H!W()]%'$HYK;P?-V!R7GOI/`]%($HNC?.PR%#NJQ"IX7OH6K,^F&I MMZ*6!Q)^3L*E_&HVF],E6X^YH1Q%7I[&\29<57C5:VU*"WK$*F$V7*(HR"T( MND4XG1%Q1A4'LN^AJ+PNBBO^,2T]>]ZOP@C8T:96`MNPBZ+TND`"/@L!2*TN MT^:RPMA0B"+=I/[E1/[^9?(4!AT*<0K7;/<_A2F<.D#AM$,ABK*2^I_#%.X[0.%^2V&`HI"D_N4-'_W+Y"D\Z%"(HH&D_@]A"@\= MH/"P0R&ZIN']'\$4'CE`X5&'0G0IP_L_ABD\=H#"XPZ%Z,*%]W\"4WCB`(4G M'0K1U0F_(4B=5)=I4UAA;"A$5R>\?TB=5)?)4]A1)P&Z.N']0^JDNDR>PHXZ M"=#527%#,(7DU4F%L:$079WP_B%U4ETF3V%'G4S1U0GO$5(GU67R%';4R11= MG?#^(752729/84>=3-'5">\?4B?59?(4=M3)%%V=\/XA=5)=)D]A1YU,T=4) M[Q]2)]5E\A1VU,ET!'72J[71OTR=PDXMC6`Z@CH)8'42.*!.@HXZF8Z@3@)8 MG00.J).@HTZF(ZB3`%8G@0/J)+"KRQE,=RDHB'NL^?9]P:HG<$#U!!W5,QM! M]02PZ@D<4#U!1_7,1E`]`:QZ`@=43]!1/;,15$\`JY[``=43=%3/;`35$\"J M)W!`]00=U3,;0?4$L.H)'%`]04?US$90/5-8]4P=4#W3CNJ9H:@>D0-L+&L# M&=*C%4+;$(RBB0020XT;O1E= MP:N5]Y8'-#;TF-8`;1A%W6R[)I0)][%>J&>!3A6/9]G9RSY691T'.9I,4YY^)@]+OPM7?R MNUT3>N3;X6[HQZZ$6`Z(7SF0>K)ZR3B0<'73G[;8-J+G`EODC1.PJQN6J,IB M,2OV$L;Y7<*'Q7F=LV-P@[X9?4?HL3>NP"Z'6.*:QZQ<'IX_G#[PB1='=ON4 M_"G/*JU;T7>$%GKC!^PBB24L_I)`=O1]`8!OO(&B:WM/ MZX#JQ-H&]/F'JJ0=8!=1+!$U\?8JV*@NW2M"6KL%:7&ZI._\[W/?S?`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`B M4_F9/8:KZL.@&*B]J\0&9@]?S=Y[+1S830Z4PW#[TAB\:5S;S@2D(;>+,HVR MDI>#OB()AQTZ M>5-?6)AM4J9XHG5&Q!YL'/S0H]$]YN"GDSYRC!:TZ3:"/N=/U>[,7X:+\OMD<.8EULYY@$9?NT)G%U9 MS7NOU%!EGK?J5:TUH_:RU@+]!E:5,XLS_FT.@L.C8_7,HG]Y7*;4[BTHZR.M MJ3JB/LMH[TGY->Q?INJ"/M+:!2AA!/U"4TVDRH#8A^)2L>(_% M=N<2GVXCA,&6WEJC`7!;1@*M7._E)E[.GUFQ<2U^;/>6`Z0/:$?/`0/`M^E. M",ZH05R\ANOG%?LMRI]NV)*MRS@SZ(TA#>FY8PAZ(610'HYM8-?)3MZ`FE'W M!81=>`*U7!/(N\Z('LLZI&)2/4H9#]N-AJ29!<`*8TCY85&E#K\J2,,$JN,V1THBS7_7C+U^D1Z2, ML#U+&H\[8\T;P(XLHU"%&Y2)J[1^HLXJUQG1HU6'M#U%`N-]*B^$J%G5F]'C M58^UK>N"(;.2-'](5E%RQW$F+RS5%,#5FM%C5H]51#UQZJ_*,+0*%C!T@-W^ M>Q;G3,;ZN3$6@`+LZ+$+@!6O!11Y)5Y*HFAEL1[T:.08,"=+-8!9,(ZBQP2< MFZ)F\?SAXG515B\N0S`&UN$F=)F'<3=)0?AKZ:"HD&W(\BL#%81BRK,:PZ>W MHE*)#:V2)75R);B"8LP/H`B&6(HYP)PZV8"TFZ)(.Y7OU4H$M*3.LP174(RB M]/01OJ$#W-"4NA-,^(574%2B'IK]0P"T0W'4//69$R=;6V]VQG*'/R6P\O9XYMZFMB[2H_-'D1!'\ZZ<]V[\3L)&=(E M%?@&SE!F)@5,?;R>\+#<@B=$4TBH6&(EK]M_/+KC&AR"GSE M9RCSJ@*$X=NN-J')I_X[CIH->1HO[4Y7M&E`CVD;U()W[*,QAIQFX\:[UP"X MV>^%>L(S.)H=&+KR.-U'6;<4O1L'*61(EU1H>*(LO0L@QED"9$B77V"VL(\B M!`00PXQ!;T:76^W,87^4HPI_^,.8]T="?=;<_RAF#_JRR<_\A'E6V= M-8Y4(O!V\<26FQ634D>'U06<3GZ:B!\J_MG^UJ3XL[7M$;:A?@:K3?KL\UZLRH_U&5A MG"H/;_["TGEQ`FEQTBA_KGNG.@QK2]01`^\"/ZK:LHVKSLBWSJG& M.6&FPM1!C>H>]-JC"*S>/AKS:XE M;0_9W0/JOC<#,OT;#6[AIA^VWV8X)][TGMUY?,.B^(5E.5N>1R_1DDN-HD3> M5LD\@W.^X>=H>^X;;@QU=UZ;',=OJ`#1_D&.HD*61)T!8D:MAK6%!&+6#2Z1 M=SIVMIF`8Q2P(\HJ@!BY0%B#0\^I"RPB;[:K7_>GBT6RB?/:BZ=9QG*Y,BMH M2917$#/J%KL>$A.[[G"*O%UN&Z)J;J:T(,JF$NM[[Y;S![GX@US\02[D!J8_ MR,4?Y+(C.RK7^8-01_N9V9Z[%Q)6E+]&"!=/[`/2C?3.R M?K6_!0L_UTE_CCAZGMY&ZV@5IM=)/,C5IH9..-MT$Z@9@6?)^CF)^:T%97A) MW(/6&Q;V9)U@@1TUZZ_!,QW(O=Z>/O=Z[*@9?PV>V4#N]?;TN==CQRV:;\6X M>SQK$=M\P`^H?\!/%W]L(HZLT-=EP@+7Y28?6K8AZU%+_,CI@@;2G6)XU\=E ME\7$/,G#%<[#P@?+;V%4I#VG-RQ:WV_2K)1P6J?9-"#K1!OPJ(F+URPW/B8: M&[(D:_"^=Z*B3P?SZ6`^'8S

#^70PGP[FT\$(4NW3P# M^70PGP[FT\%HI8-M'_"Q:P;8_G8&6/VCD_I7?1FYIDJ3[Z4S(O9:UL'$ MS/12GE2F2_8R&8\B$\$!H3V,;:1\KVTL!9*]`"19F+A`K<#ZG1*\^$01ZQNJ MN*^9V4TSA]PT^W[Y6>/ZZ<#LIP.'_'2`G%C5AQ#L&1D-]MQAM,#ZWNE2/OCD M@T\^^$1N8/K@DP\^^>"3#S[YX),//A&DV@>?R'K`!Y]\\,D'GWSPB7+PZ3II M"]/N&H@Z``-1_S&Y3B9M)SXN9;UNUO6-58Q*W8#8F]P&\GBQJRZ>07$LN.'X MZYK08(+=0BG6U<5E$?=2F;OL"G$/F$<.&=#`$2V5N?,.F"$?-V2``\>J5.;. M>V#<>)8,QQ#;4IF[[@$?__+Q+Q__\O$O'__R\2\?__+Q+Q__\O$O8M$7'_\: MVP,^_N7C7S[^Y>-?M.)?5:7LNZ(OB_#Q7G$G==]J8);6ELB+V7-2@Q`UC5R*N&W%FH.CQ5 M:3$&D:#?R[F$"BEFN&D+@"[RIS.B3VD_B(<20^IBN.(SR=*QYV$.$2O9D>=6 MPHL:(>KB"$Y.Y'A$_S)Y-BN8J$$>J7LYLMR_[`*)P?O':8:0.(5)G+I!8FP"E M:+'4_2%,XJ$;)![*Y8AQ23R"23QR@\0CY-+`4O?',(G';I!X_/YU@(>0>`*3 M>.(&B2>=T!0VB;Q'2+%4E\F36,$4)*(K%MX]I%BJRRZ0V"J6*;IBX=U#BJ6Z M[`*)K6*9HBN6XI9@$EU0+!5,02*Z8N'=0XJENNP"B:UBF:(K%MX]I%BJRRZ0 MV"J6*;IBX=U#BJ6Z[`*)K6*9HBL6WCVD6*K++I#8*I8INF+AW4.*I;KL`HFM M8IFB*Q;>/:18JLLND'C22>W")[&WYZ-_V0$2.]LX9B,HE@!6+($;BB5H%=^X[G?>.XWGON-YP3WXOJ-YVA4^XWG9#W@-Y[[C>??G2F_\=QO/(\';3SG MK@P?%?O/=ZV[?"3M0*]^7[T3W5==!CZ>7<=4A&GVI(.6Q%[<(%;4_>E](/7; MS,2M_-)#)-9B3&A(KD&C;EKOHU`61P;LW.)XC#K(.AB]>*W>SD&2.WOE<&(6 M:AS]="N]G7LL=ZOIXJ1A]7'<1EQH-34,S&S+]FZQ+J/'W2/?QP,6Q3":N\6] MIE`&UK*^C^;Y:%Z'2Q_-PQF8NF@>5O7X'RJ:MPMI/II'9YWM`T7S-YNU3GV7\^-&\&7XT3XC`FRC[ MO5K/.&=Y&*U^C4M:A\;PCB<_3<1/\G\6O_IS];.3ZGQGO2/%K;S M:SE^+<>OY9`;F#XSVV=F^[66XS.S?6;V#[26XS.SJ:SE^,QLGYGM,[,_ M]EH.RLIZNVJCR?!5&1![[E40,>-!\LI7"?".O>:?^.__KN53;3P&M_I!L$VO M&K$BL1=KZ3'*%JND^-[*&,_#/+Q8L6)!`SC-3K7^>%*L/S:_JUZ!+'Y]\I?X M?;\*Z597(3_>*B3*LLU'784<=TWL(ZY"XA1J]:N0 MYE5(%/7L5R']*J1?A1S;!7X5\L=9A?R%A'UF<:9Y_N6+](B4$:*>,%YW?AVF:5@X4SPL5-6ET!G1HU6'%/4@FUY@Z2*[6927">?QUDRZ>PHQEED_(T-\@ZZ"A M-X)Z.'N-\;Q>AQK^(K-K2=8Y=O!1CWHW(-._PN`6SKE@Z_6%?02+5F\+((*6T$&@U^^X>?(.NT;[@GUM/H;MF3K<@+.9XP%B/8/ M\BHB9$G/#R!('YEI9`)V]`@%P**>:]_!H:>3 M.('(I]C7K_;3Q2+9Q'GMP-,L8[D@1J82)>M+]_)D5:[_Q8[T6K%E\U9O1(U6/53"+$RWLP=`MP8*6+O#; M7X:=(:FU.'PL=ZH4J\'`QTIG1H]1^VQVWB8?"&R[NW.T]MH':W"]#J)!_G8 MU)"VETWHA2]1-.99LGY.8GY/03F]$.]LK1LL[.FQ;P%:D(ZB/1L\TX&DZ^T) MDZX'+4A'4:\-GME`TO7VA$G7@Q:DH^A9.ZH=(E@+U>;K?$+]ZWRZ^&,3<627 MFWA9?);XA,3H/,LV]%QI";S9NX"81Z9GVPUJ=WQ`]LGOK>3CY+;-"O5F-9?-@WH^<\&M?`9BI2_9KGQT=#8T&-7`U00BA+W-'NX.))I_G#' MTG44AXHUOYU^@9XS=KH-X2J<8F5)FC\DJRBYX[>0<%CJ#&V]&3W2]5@%LS@; M,&48NK1MR-`!=ON)V_LH.K<'Y*9_I)W&Q@%6;[IGUNVC:-CZLW&9)'F`.5FJ`[9A'9_Y2R\/?G)(KSHOA;$;'7:$ZE(5FFE6@%OR@1WAZ0+U%< MY$5N"5GV#;@% M^Y@[5C/^WU58Z=KYPW42IVRQ28NM#=H<$.]R"?9R3%O7A`(,3!K6DYXM!\(5+,.5NMC5: M?@DY/'X3'$D4A^E;@Y6QXCSYU:932%D.F@S_'7KN^H:;$%ZKF"-?/*[C8BFQ#EFP9J"`44V;7&#Z]_9.%F@@):$F=7`FN MH!A7)Y=(;(O<`.;4R09*WAQB:N,MWZNW7H"6U'F6X`J*,05PC:3`L1>`W`H3 MZJ0*G!8)-X<'.R3$8)C,J<]<8[TQRCD80LK:Y@8`Y=<:!3,$CI,),73AGJR2+ MXD<[OOO&U-GN(Q9C7H',J1+*J!E MCE`4I@#29(>?)?&"WU*JVC)C,J;+LPZQX!I%-Q90]2>\$'X%;,%K#HW&HLSX MZ.N,:!()//+'*"JN`&&<9>F,:'(*S*B.471:`<(PCU*;T.13.VEJFQ8TJ3;"%M2CJ*GRW:Z,3FQ=H4FE'&4X1A%(9<^ZTI;R1:+$ M]0M8'J,)'@5C5'EJV#E!T3:?PK38OYJ?QLO.`=#EZ:1JE6C3@!ZS-J@%[RCZ MIX/"*"T-MO38-@`61*.(H@Z6J[C\5T'/U6JURQ_PC0*[Z-5E+_-'ZI[ MZAT>OMMOD';,D!L1#D/171V,\[C,>)FGGUD&^$0R(TV[A%4PBU,#IX5QNEQ& M5;Y<-0._BI?L5<^PQIPTTQK,@G&+[NP.2\-Q-'T8>B=^,T'#*D2RIT\/0>JL2L MGY5Z=V=YMMWG)%S*;V:S.5VR]9@;RE'4Y6D<;\)5A5>]U*:TH$>L$F;#)8J` MW(*@6X/3&1%G5'&V]QZ*R.NBN.+?TM*SY_W"AH`=;6HEL`V[*$*O"R3@7U&` MU.HR;2XKC`V%*,I-ZE_.X^]?)D]AT*$0IQ;,=O]3F,*I`Q1..Q2B""NI?WEO M0_\R>0IG'0I1U)'4_SY,X;X#%.YW*$112%+_\GZ/_F7R%+;[.8(`10-)_1_" M%!XZ0.%AAT)T3A2AO=_#%-X[`"%QQT*T84+[_\$IO#$ M`0I/.A2BJQ-^0Y`ZJ2[3IK#"V%"(KDYX_Y`ZJ2Z3I["C3@)T=<+[A]1)=9D\ MA1UU$J"KD^*&8`K)JY,*8T,ANCKA_4/JI+I,GL*..@G0U0GO'U(GU67R%';4 MR11=G?`>(752729/84>=3-'5">\?4B?59?(4=M3)%%V=\/XA=5)=)D]A1YU, MT=4)[Q]2)]5E\A1VU,ET!'72*[71OTR=PDXIC6`Z@CH)8'42.*!.@HXZF8Z@ M3@)8G00.J).@HTZF(ZB3`%8G@0/J).BHD^D(ZB2`U4G@@#H).NID.H(Z"6!U M$CB@3H*..IF-H$X"6)T$#JB3H*-.9B.HDP!6)X$#ZB3HJ)/9".HD@-5)X(`Z M"3KJ9#:".@E@=1(XH$Z"CCJ9C:!.IK`ZF3J@3J8==3)#42*I[RBZ3 MM$1[G>3S$N_R*OZ:)MDSOY%>(9V!;2F[R^H&&L^@"+ABM^Y=4F1Q5_#J\R"V M/*"QH<>T!JA@=!]U/Y`,1I'^#YO2XQ?&V]",HOET6"PI=HG>#K4H6O"7Z/&) M9?E_;S@6EJ[>]&\&T)(>P2#.$"1B3*H3A4G M_OC%C[T#ZFT:T.=>A;HA'D4XEGU?)^=LN5D4]%PF:7'$MS@3_"Y\[1UZ;M>$ M'OEVN!OZL0L6E@/B5PZDGJQ>,@XD7-WTIRVVC>BYP!9YXP3L(H0EJK*HRXJ] MA'%^E_!A<5Z?(VMP@[X9?4?HL3>NP*Y:6.*:QZQ<'IX_G#[PB1='=ON4_"G/ M*JU;T7>$%GKC!^Q:AB4L_I)`=O1]`8!OO(%=\[!Z6@<4 M$=8VH,\_5,WL`$7:RHB:>'L5;%17V!4AK=V"M#A=TG?^][GO9OB,HM>-62@V M#1QRG>JY'470&[)3S.;T2==GJQSB).Z^\.G[([,H1@@8TJ,90ML0C)/6JT"B MK5`(V[I!LZ)>X2%.]F\?C"I*HS=S@E\I0G.(DQ7`;=C% M21C6`.EM1-';N<-N9VO*(H[D3G&OJ]1ZBB,+.48BW[(5Q#&__C-AJJ9XM M&ZWI$6Z$W/"-H@6U<'239YL&#K&NF$8?H2A"'2+5@3@&6W?HWCX2)SA"D88Z M,)8DN\1OAUH4+:C`<1>^7ORQB5["%;\S2YY5;9P@706\\0"*9+Q[BM+\#?Y* M:FSH,:P!VC"*(A,E$+KOH-Z,/*^J;QZ*1MS&H?K2*2VH$RI_U5`4X38$D$;Z M#';(0Q%V3>_&KQ5H29A6\,OT7DINR:**9/X/F67^IW]=Q'F4O]VPQZA`&N>* MUZC:A!ZQ:ISB]&Z4J%VS[U.Q]"!?I$>@C+`YVKNE[A\_=]%^YBVK/\M_W;H) M]IJS>-FFG_5N([I]XI"S_UPDZY_+.SA/%ILU_[T6[^UFO0[3MU_CDDVVK)M\ MN3V[NEBS]#&*'W]+TM\?DG3!+NXNF]N*\J*OO;V]Z4$P^6DB?IC_L_CMGZL? MG]2_/OFK^?V_N47=QZ3H9")ZF33=3(I^L`94&2+5CJCZZO=_70C^.BD,XD^G MKY&<:&NT'N,9T'!:/`!&O,U))C@O9]'Y>;(.(UDRR!?'X-)R.'2Y%7"1J?S, M'L-5]850#-3>56(#LX>O9N^]]*O=+$$Y#+3G8 M.YQ.2U;X'_YURS\K>_M')[/C+VQ]WTLE[5\>@QV5ZPIJ^NBVGDB.L$J@_ES= MC!9!V?T+2^^3C,G9`]\]-^H+"[--RA1/M,Z(V(.M@UG[`GL+1XU!^:#KS4;A M%!P$:FJE]P!.*DZ==\VR>7Q>")/H?E/0DRE?&49KFE0;8;_SYVHWQD_C9;D_ MF>>^50JI,=%:]JK5FU%[66J"8K+9]*U_3_^?YDJ57VD-55'U"=K^A6GV@DJ`V+/ MO0KB-VB)W9[XIV3%>RSV^Y;X=#L!#+;T%AT-@-M=_&CU:B\W\7+^S(J=6_%C MN[D:('U`.WH.&`"^3;]!<$8-XN(U7#^OV&]1_G3#EFQ=!IQ!;PQI2,\=0]`+ M(8/R<&P#NTYV\@;4C+HO(.S"$ZCE5T'>=4;T6-8A%9/J44HHV.ZT(\TL`%:0 MBY,QW%:)L>79K@D]RNUP"_91\H=;P.IR6XKK]'A5@,2,[,_O_\VU0?2BJ5C6 MOTR/P3Y&17S_^Q/X-8V*4+ONN0?L"%/:!]L$4U#)O66+)%[:T*NR)$RP"FYS M<"_B[%?]^,L7Z1$I(VQ/[,7CSECT!;`CRRA4X@5EXBJMGZC3RW5&]&C5(6V+ M_F.\3^6%$#6K>C-ZO.JQME4V,&16DN8/R2I*[CC.Y(6EF@JP6C-ZS.JQBJ@G MR@>J!T.K8`%#!]CMOV=Q3M2KGQMC!23`CAZ[`%CQ6D"15^*E)*HV%NM!CT:. M`7.R5`.8!>,H>DS`N2F*]LX?+EX79?G>,@1C8!UN0I=Y&'>3%(2_E@Z*"MF& M++\R4$$HICRK,7QZ*TJ`V-`J65(G5X(K*,;\`(I@B*68`\RIDPU(NRF*M%/Y M7JU$0$OJ/$MP!<4H2D\?X1LZP`U-J3O!A%]X!44EZJ'9/P1`*Y=\H7DX1LC` ML%4^@#EUX@$=-,6]&[^3D"%=4H%OX`QE9E+`U,?K"0_++7B",I0,M:)GXW#4&=$D$AJ& M*%.Q`H3QRZ\SHLDI\)6?H`^!FOQ?J$9?[C3B'$.,?>'O?6&\[AGO7W8 MP[K&.?KY(Y_5M77F,U*QP-O%$UMN5DQ*'2U+`WZYN/FOJ^O_^FU^\_]>SF_. M+C2E`:>3GR;B9XI_MK\T*7YJ\M=/=1'`^O M_(6E\^+TS>*4S31:]$YV&-:6J",&W@7FUC`CM+Q_3+-E&U>=D6^=T8QSV$F% MJ8/D:OV<9&PYC[]NTL53F+',\E$9^ANTO33T;E"WI=4815+Q\->:74O:'K*[ M!]0M;P9D^C<:W,)-/VR_S5"R$_K/[CR^85'\PK*<+<^CEVC)5491'6^K6I[! M.=_P<[0]]PTWAKHQK\V+XS=4@&C_(`=0(4NBS@`QHQ;"VD(",>L&E\B;'#L[ M3,`Q"M@1915`C%P;K,&AY]0%%I'WV=6O^]/%(MG$>>W%TRQCN5R4%;0DRBN( M&75W70^)B5UW.$7>*;<-434W4UH095.)];TWRODS7/P9+OX,%W(#TY_AXL]P MV9$=E>O\&2Y4'FQ_ALNNG/HS7.A0[<]P(>L!?X;+.[ZL_1DNPUGT9[B\`U7? M_0P7Y'0[Z-R(-(RS,E2^PS&]L^U1IF=Q9N_' M2M?K.4>3L`?8$7N%`T@QD_;Z%35U:7N@Y1CD&L>$NF+H:,E[\R7CW21E:"U?%QR%*TBA_XX)'RLTCK/&[<]AB"LO2EVC!@NE] M`/K1OAE9O]K?@H6?Z_0_1QP]3V^C=;0*T^LD'N1J4T,GG&VZ"=3GOZW.NQ MXU;.MV+&GUHV8:L1RWQ(R<.&DAW MBN%='Y==UL/R)`]7.`\+'RR_A5&1`)W>L&A]OTFS4L)IG6;3@*P3;<"CIC!> ML]SXF&ALR)*LP?O>*8L^,&^<0PGQCF$\-\8IA/#"-(M4\, M(^L!GQCF$\.(9COYQ+`/FQBV?7*9+^S(9CR(8P0&A/9MMI,RO;2P%DKT`)%F8N$"MP/J=4KWX ME!%+LRON:V9VT\PA-\V^7Z;6N'XZ,/OIP"$_'=CY:9=5L%']%.P9_13LN>.G M`JN-GZ:C^\F'S'S(S(?,R`U,'S+S(3,?,O,A,Q\R\R$S@E3[D!E9#_B0F0^9 M$8T#^9"9#YF52R3725M8MXUP#3G/Z`",F_W'Y#J9M%WTPFC^J"/E0ES7+5:A M-'4#8B]Q&\CCA=BZ>`:%V^"&XR^40H,)=@NED%P7ET5X3F7NLBO$/6">EF1` M`P?>5.;..V"&?%*2`0X<4E.9.^^!`^3*!C`<0[!,9>ZZ!XI[>._Z!C[TY4-? M/O1%;F#ZT)^?.B+:#S'A[X^;.BKJN]] M5]1ONF'Y)HTSPSZQ3V%:G%3;KHYTXEZ'RMKAY8]/ZE^?6&T3F_ROZ.;_/E3$ M2]QUV9LFR*6Q(?:&UJ#$#&55PZ\:=V>AZ@18I<481()^+V<5*J28@:H&B9V]8C@+"MO=R\'V_F472.S$SU%4 MJ]3]/DSBOALD[LOEGG%)E),.^I==(+&31X!2;UGJ_A`F\=`-$@_E2LJX)![! M)!ZY0>(14BS591=(;!7+%%VQ\.XAQ5)==H'$5K%,T15+<4LPB2XHE@JF M(!%=L?#N(<5277:!Q%:Q3-$5"^\>4BS591=(;!7+%%VQ\.XAQ5)==H'$5K%, MT14+[QY2+-5E%TAL%SD&2.[OF<*(7:AS]Q"N]G7LL=ROLXB1D]7'<1EQR M-=4,S&S+]FZQ+J/'W2W?QP.6QS":N\6]IF0&U@*_C^OYN%Z'2Q_7PQF8NK@> M5D7Y'RJNMPMI/J[GXWHCQ/5PEM\_:%P/9_W&Q_72;UJP]W&][Q'70\F-_G!Q M/92X]8\?U]N%Q@\:U]MW*ZXG1.!-E/U>K6>[9=Q/MXR MCD_/]NG9/]`RCD_/IK*,X].S?7KVV&L3/CV;3GKV=QNM[8*-)KE794#LN5=! MQ`P%R8M>)<`[]II_XK__NY9/M?$8W.H'P3:]:L2*G%ZL5<5^?5(*@^V83T290'GHZY'CKLZ]A'7(W'JMOKU2/-Z)(J.]NN1?CW2 MKT?Z]4B_'OE>'/["PF44/VHI;*Y37G5L0*)NN9[?_YM[-WIA:@[[E^E1V,>( MNIVZZ?YK&JW#]$VW(@[8$>:T#Q9UMW2#XY8MDGAI0Z_*DC#!*KBH)X]?O#ZS M.-,\__)%>D3*"%$/'*\[OP[3-"RGYZC:F#Y&I=UB2(IS%AF^80,_0VR#AIZ(ZAGM=<8S^L%E.$O M,KN69)UC!Q_UY'<#,OTK#&[AG`NV7E\XY\7WG]AY?,.B^(5E.5N>1R_1DL7+ M(JBP%60P^.4;?HZLT[[AGE`/K[]A2[8N)^!\QEB`:/\@KR)"EO3\`,)%/=I^ M"PE$*GD:D8^SOWCECJ)$XA\J'W]:C]=+))- MG-<./,TRELLA:]"2'J4@7-0C[WM(3,0Z02?RD??;RT"JB9?2@AZ12IBH!]_/ MGUFQ]AL_UFO!FL57O1D]4O58!;,XT<(>#-T2+&CI`K_]9=@9DEJ+P\=RNTJQ M&@Q\K'1F],C58]UDO-^D',GAJDAYB9(TRM_X.[=E?48]&Z8K"8O,/):^1`L6 M3.\#T(/VS>AYU!Z[C8??JXP6BH?GZ6VTCE9A>IW$@WQL:DC;RR;TPIB'>VU@T6]O38MP`M2$?1G@V>Z4#2]?:$2=>#%J2CJ-<&SVP@ MZ7I[PJ3K00O24?2L'=4.$:R%:O-U/J'^=3Y=_+&).+++3;PL/DM\0F)TGF4; M>JZT!-[L74#,(].S[0:U.SX@^^3W5O)Q\EL8%;&J](9%Z_M-FI5J3.LOFP;T M_&>#6O@,1C![I>JR"69P-F#(,7=HV9.@`N_W$ M[7T4G=L#T50Q.RGC#@ M%NQC[C?-;EC-TJARND;/M/C8V=YE]RPAQ5;Y&?\-_LE"380$M*1.K@174(RKDTLDMD5N`'/J M9`,E;PXQM?&6[]5;+T!+ZCQ+<`7%F`*X1E+@V`M`;H4)=5(%3HN$F\.#'1)N MI";_P)Z:F5D"SGY0!K5SRA7JR=C2":NZB MLIBXJ-CJ&P9#CRI4ID[Q_A!R_@(*EN& M8Y@BJ5'IL]B((^E'"OZ-VH=R!#NJ0"6N8()2(K@#29[&=) MO."WE*JV]YB,Z?*L0RRX1M&-!53]:32$7P%;\)JCKK$H,S[Z.B.:1`*/_#&* MBBM`&&=9.B.:G`(SJF,4G5:`,,RCU"8T^=3.F8YQ"O!R")^3C'U)8O:FH+%S MC29_'8"".)RRNL7[)8F7Q=[5+'J(V/*6,[*1DWKT9C3I5&,5S**=)U=Z]$N8 M_L[R(E%(06K/@B:?/9B"2A1%5'DTOXJ+0UF7Y^R9OVOXK[[Q/^11OE&5V;9I M09-J(VQ!/8J:*M_MRNC$UA6:5,I1AF,4@53VK"O#*5\D2ER_V.8QFN!1,$:5 MIX:=$Q1M\RE,B[VV^6F\[!Q679ZDJE:)-@WH,6N#6O".HG\Z*(S2TF!+CVT# M8$$TBBCJ8+F*RW\5]%RM5INL7);)_B=,H_`^6D7YV_RANJ?>0>>[_09IQPRY M$>$P%-W5P3B/RSR:>?J998!/)#/2M$M8!;,X]7I:&*?+953E)%4S\*MXR5[U M#&O,23.MP2P8QZGCTX'S$D:K^M'Z^L2U#\!VWY0VTWV\@F6<:CYJ*+^Q^]LH M+\9!"KX^H#;.\"X#%PY`470=3%_#+#]/REU._(&+^*^SRPV_%V"X`TU(TP_@ M%NRCB$,QMX7GZPY,SGLS<11]*'HW3L,A0[JD0H=D[Z%*S/I9J7>BEN?P?4[" MI?QF-IO3)5N/N:$<15V>QO$F7%5XU4MM2@MZQ"IA-ERB",@M"+HU.)T1<485 MYY#OH8B\+HHK_BTM/7O>+\((V-&F5@+;L(LB]+I``OX5!4BM+M/FLL+84(BB MW*3^Y3S^_F7R%`8="G'JUFSW/X4IG#I`X;1#(8JPDOJ7]S;T+Y.G<-:A$$4= M2?WOPQ3N.T#A?H="%(4D]2_O]^A?)D]ANY\C"%`TD-3_(4SAH0,4'G8H1-CJA/=3$=0)[U2&_W+U"GLE-((IB.HDP!6)X$#ZB3HJ)/I".HD@-5)X(`Z"3KJ M9#J".@E@=1(XH$Z"CCJ9CJ!.`EB=!`ZHDZ"C3J8CJ),`5B>!`^HDZ*B3V0CJ M)(#52>"`.@DZZF0V@CH)8'42.*!.@HXZF8V@3@)8G00.J).@HTYF(ZB3`%8G M@0/J).BHD]D(ZF0*JY.I`^IDVE$G,Q1U(G)UC=5G($-ZM$)H&X)1M(M`8BA% MHS>C2ZZV)$TP0]$T`L<-"[,DOF5%ECE;GJW"+#N/'AY8<7>7_'ZNUFNVC,*< MK=Z^IFS!BFT57UD:)7*]D/?X0;KN^I:[:AR+NH>GNJ?L,DE+M-=)/B_Q+J_B MKVF2/?,;Z172&=B6LKNL;J#Q#(J`*W;KWB5%%G<%KZZYO^4!C0T]IC5`!:/[ MJ/N!9#"*]'_8E!Z_,-Z&9A3-I\-B2;%+]':H1=&"OT2/3RS+_WO#L;!T]:9_ M,X"6]`@&X38R1#:AF!4,:I$!+Q%`'MZ=%N`;EA'U:E*0$,8=X[M#M,HPM&N:)M# ME=I,Y=F"?139)\,H=O:;*A=8MJ'/N0:X\,`!BDR4076J./''+WYD\EJ630/Z MW*M0-\2C",>R[^ODG"TWBX*>RR0MCB,7YY??A:^]`]KMFM`CWPYW0S]VP<)R M0/S*@=23U4O&@82KF_ZTQ;81/1?8(F^<@%V$L$15%G59L95D_K@"+"V@;T^8>JF1V@ M2%L941-OKX*-Z@J[(J2U6Y`6ITOZSO\^]]T,GU'TNC$+Q::!0ZY3/;>C"'I# M=HK9G#[I^FR50YS$W1<^?7]D%L4(`4-Z-$-H&X)QTGH52+05"F%;-VA6U"L\ MQ,G^[8-116GT9D[P*T5H#G&R@OLXQ+GR)FZ%G1/D"K`-NS@)PQH@O8TH>CMW MV.UL33G$V>FH!M+?-:JW0Q11V#D*\9:],([A[9\16RW5LV6C-3W"C9`;OE&T MH!:.;O)LT\`AUA73Z",41:A#I#H0QV#K#MW;1^($1RC24`?&DF27^.U0BZ(% M%3CNPM>+/S;12[CB=V;)LZJ-$Z2K@#<>0)&,=T]1FK_!7TF-#3V&-4`;1E%D MH@1"]QW4FY'G5?7-0]&(VSA47SJE!75"Y:\:BB+ MC1*U:_9]*I8>Y(OT")01-D=[M]3]X^_M[_'\F/TW.HVRQ2K)-ROC_4S3\N6HYJ9I. MBK:3ORY6;,T!9G___[_O$-`SW#G-73;PC_E[/>8XIZ'_D(_Y>ZE1TU`\3Q:; MXE$\2UFH6:55F]!C4HVSYG-F>FW^X^?BA^[#C/'_Y_\#4$L#!!0````(`+A" M`4=U2.M!G!<``)PW`@`0`!P`:7-I+3(P,34P-C(R+GAS9%54"0`#W+F\5=RY MO%5U>`L``00E#@``!#D!``#MG6MOXTAVAC\G0/X#HP_YM+8NOJK3GH7;MW%B M=S?LGLLB"!:T5+:9H4B%I-HV!O/?4R0E6A))'5:=([WU44>V%PTNGO]CJ."D;AV`N>3CJS>,>-1Y[7^>L/__+/'_]U M9^?73W5EU[M_=B,5[X["27?0ZQ_T#@<#W65?I3VZ#*/) MN7IT9WYRTOG?F>M[CYX:=QQ]CD&\4N9E;S>,GG2%7K_[Z^W-?18\?^`'+_8: M9.:/??6]X+>JTOWA<-C-6A"_0SU\P M*AX?Z.=_-JD^8)Q$W>1MJKKZ03OZ42KR1AW]C#O.1S<(PL1-]/!G/Z>_F4Z] MX#&<_ZA_D?;LPZ)[=^K1R4[K0UKPI!-[DZF?=B+[W7.D'D\Z^@G<63Q1?Y]& M:E?WA2G?O(]2O._JPX<_WB M]`(/<>+CHD!+S]MW'RK.^\9]4+[E*?OIL;QGF];YIL_/2?_QT]UU[>R7=>A\ M/O\O_JNG[XM`G^C;M9XUHDE&Y44^(<<=QQOGU72I>25=**UC5*;H\*++[R#\ MT,O^Y^PXBTK+_]15G;RLLU37^7U1^8^/W?5ZZU&S6(V_!#]D_UZ?<^9'SQ^R MZ1KSYN_MO%.)(,[YT7_W:GDED4W,\F$S=Z^RG(4%3C^2$7^C+R MI"_JMV[TFTKBLS":AI%>$'P*]4A^NVPP].@("(M^?Q6+-+";)SKS2.?W(O0/ M_8AYL+-(=N;13I'MI.&.3A=RULA)5U'CF:^RWS^'_EA%ETK%:%QP=4%&!GK8 M%Q'I/]]3G#3&^=V("IE0ZK`XU>M3U[^,O^I*D.QX\7;Q.51"K^%OD!O$T MC`GF%HXT$*&]583R;"<-=XIT9Q'O_/[>@3]XZ;)FQ![+/XNN^;-[\>JF*S0& MH)`!($/[JPS-XYQYWA:A^0>:DE;']'-XI\9J,DW[P0X0*@R$Z6`C3']Q/H?. M>[RPQ7>Y^Q8FKI^O.!LN6#ZYT9E^7-+X&H>(`#DZK+RP98G./-)LT>S\UR+\ MOX6<.G*^ZR7#4\7H_><'5!2#!"L0(+6=`P&$4+ M6BC30(:8C*+@Q:84+8A"!H`042E%H68K3A%-$"H,I(G)*0I<#%)Q?709I&)M M!`@24BI6`"-6D=$JVBR5R+)`F%BLHLQ)?%H1M:^W2P`A(M.*LJOG]8HF\%#& M@`01>T7AB$\LWH3Z%,]F4:2"T1N?7*R,@3C:HQ.,6;ZSZ(!@1"(9#=G!UP:! MP6(2CX(:JWRTI(L@!`2*2D(*05L3D20TH0-!LIB$ MI(#&)"6K1IE!3&Z,`:%"RLD:>$10,@I*VZ45:1X(%HNHE+F*5U:B78%]"@@4 MF;044\`O+DU!HHX":2(6F,(4L<2\\L,'UU>O/]V?%W::XR/7C7(@FO:M-68> M[ZA71W=@68/+G;9(DXD$B*`X2(V!RS3@1!9#%#J3"!_R2!`J&J$IO/$[32+$ M*%)`JBRMIF"T7;')@A0^$<2+1FT*;9QVL\E(4^A-HQR0+#._:4"0*$Y*Q4FU MW*(-!.FBD)PR:VW!2!E9(4%XE%QU`-;E-#(F8E0@,IN2WC@B(D,)1=O7,IG%+DA%!$(E?%(Y8Q*)^+M7M_=GUVGVS1$YQ0W6(FD-K MG9B&.FEJ^4Y<0<54)%KQ85T2A,)`'V[&0)8L%.(010=1$,@,C2X4G%A$(8H@ M^]H@-)9Z4"AA%X.$Q-CF@/30Z$"!B5@$U@\IA0-L4!T$QTS_;09$Q!^E^,,M M=2AB0'@H=)_,.3RBCVB?;5P;:B`$IE*I M8MAE44#EEVQHP&>`C!`Z)\&'5C_9$&-5%H0$HZ2$"CX[A2?$(@*DA=!8"3Q4 M\JHTCE0:J[XP"(J%T*H`0MP6M=NR6JH@$T!8R'R7S"G$Z@NW[S6I"T*"TF&R MZV4P8T9PX(N#A!#8,N&$6)RMW2AW&GLNH3VKJ0Z1,L0IM-(->&FNH&(ETHSY ML"X)0F&JU&HQD"4'E5BSIH,H"&2&4+$)3ARBS9H@^]H@-!CE)I1PBS4RL8!U4%P+)1<+2`BYJC%G/U2AR(&A(=,T(5=^B(\Y*3P0O"OEGP11=!@@26@_6HR-+'R9AB""**QGDC%,I"H+;D(P( MZ@C#0-!(-:20M6TQ248963!('*>Z%`!Y96;=J#/933`.A(U"=]9#)0*468!B MEFXLN2!P?(I4YK:M2%,2IX%/`T&CU:IB-+8F6FT`XXH$*>-0L<+:5N3LQ>W% M*9^+752'".H3J]3E4I,%&*R?F0,GG(]>H@.!3:<0&(2$9F MR6BPU*&(`>'A4X@RYS`(0YM]MG%Q$!I:'2B[;";YUP`6H@20&`ZU)]QPB+Q` M__A&_J6#0`K$SX!:[&7Y\I%[2L/7&!QT:9`6O/%;YT,6,5SJSQ@;XD`0)E85 M*)PQ.D%CM/`9($VTCE#PV9(L1**$S0.Q8I6'0AF+15P=8RZ;6),"$D5B%=?) M$;W(K1?-EU.4<2!5C+I19BE.[XC0`M8A($W$'E*D`+>0;$X1<1*($HN@%*`8 M3>55%+XDSWR.\KT^!,\>L9W,DP48"BW9A!)$41`-M(I\AT$6-$P.TH01LBB0 M'$[O*%!Q"$<3CC#5071():.PPFT7[;FQ3P(9XC2*@A2M2BR&E4DBENN#^%#H MPW=,Q!LR>T.C)1!-$(@0GRN4^8=%$MKMR"W*@^C0BD'9C[,9P4;(D&6`W'!8 M0*&'1?_][/HSQ6?_BO(0,_O$\B\+%EHHW%\#1.QK@ER@S5]!@BQ2F,2?`2!4 M22`VG-I/B&*P?@80(8J#W)`Z/P&%6?E90V,=!`+$*?R$)U+?MQA4)MU7*@^R M0V'["D9$]C'+/I-E#TD.R`^?ZI.9A\/T66V^S:N#W-!Z/MEZH1J;ZTJ!,@!SN@MTAP=)T18>;S&&!B7`L?>U-JM MC[8L,ZA2BT\9M$!&#X#)`I`JLH$&U7,9(!ATB0'Y&2/%(2L\RBC`/9HA:4,F-MP5:2"`3K$)`I"G,I^F!+ M&M.&)>(D$"@ZI2E8L?G-LUD4J6#T]J,:/ZEQQ==%$AG.1CD04D-KQ[F(=_+\ MNK]#+209^DTD/@3%068,'&=C2F0Y1.$WB>`ACP21HG&<0AN:-L`]$@%&D0(R M9>DX!2)BB#;Z1A:@\(D@7#2.4U@CNCQ6F,R$(#._E/#89? MUB^T-UR:4D&1`K*"TXZ"T5;NI#0EQ[(P"(NA3Q0ZN!5B-I(W7SZ=WEQ]N3F_ MO?Y\<7=/IPOKJH.V5A=&N2DF>IK,HV( MW>.Y>]%XS8+.`*'!.#RY(K%H._/+D'5)$`]3';?A:B,@T-Q8V-B24)0'`:&[ MA5!T";E0N_=\/9\S*;7UXA`J?1*IEJ<*)\9:[?T2<']]\_/%G+8<\_ED(D`'.@^5Q M3IXG4%C=5]:_:$!ZXOU,.R81P`J.^DD[TLN14SP`);&F2#P(0)(60* M;.W#L^?>=V^L`BH3MJ$ZQ,F>M1`K?1!W$2ND&'LQ*SRL2X),&%BRC13((H-" MEJ'@(`H"D:%19T(3AT%#`61?&V3&TJ<))-Q:C1`8VQP0'AK))BS1NK;Z$:50 M;@VJ@]R8F;>-?(B`HQ1PN&4.10S(#H6.DQF'Q-AQ-P2`6<'2L614$\+)6;\,#FVBC8 M,`X`.:&Q:X(-D5:K&$,*G[:I+(B(F4BK1D$,&J5!LUR2H.J#F%`X,YE':&49 M=C?;O"J(AZT>D[TLO1PVBD"#_*65D; M8N0`]WG.PI86H<*(V;>:7=Q>W%U=?[[ZY>65YF M4.5!4`B^\TPN2X0?\JQZN5-]TG-C;9`4BX][5L\D(LRH/_-INW#!AX#4D'WZ M4ZY*A-^*9G@ILJ\)\F'UG6C55QQ!`2/.;-0(27T0$8)/@?[#.9*/779!I&B1.X$Q5/W9%:`>GU(?)WP^BI.^CU]KI>$"=N,%(= M)];S^,2]"4=9H0V'I#_M+([;27^UTQ_L[/5W7^-QQ^D:=R$]PPO/)'C M).HFFJEN$`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`IZRTCOH]0X/JBA:;6E7SU,^ M/D7>*)M<<#M2[[O*_E&W.69/:MI[O\0Z/CZI]PTI+NWJ>OWEV&GMN]?JFNKE=YU#0 M47WE66EI5\\+.BJO/*LM[>IYQWJ>4[6\=%^#7/++>WJ>04V^D<7M21)5R-AH`XW+'NV%-FNYWI. M\5%Y1U]N:5?/W MZPP+=DK6JMS2KIX7J]+JO>5*2[MZ7L')SZX_4^_S6`.R:HYHUYG.WROH]4KK MNW)+NWJ>.UO-?\U=+,LM[>IYRLIE%`:)IZ(Y*U\"]>,L&$>JYHV#QD>TZTSG MJ[_CXYKW"I9;VM7S^>IO>%SS#OUR2[MZGK)R.GKQ[E6ZN#I]BKS1S->++O4U M"O5"2T5U;QTT/JA=YUN05+>W7FII5\\+DFI67KY*B[Y@G^9E-I)K/%! M[3K?@J2:J^1R2[MZ7I!4_9[G2DN[>KZ*RZU*=-W38'SKI7>M%=QIY\6JO\;C++>WJ^>I+-WV!ZE=MDU5,Y4/;=6X%-:4[\IY04W->YC+ M+>WJ^2HD^4S?D*B:![?K_/+9_V@PJ'Y??*6E73W/9_^CNCEJI:5=/4\QR?]\ M(Z'VUI7"693^?X-[WUYJNY[QPD[5[/J66]K5\\).E=XE*+>TJ^?GX=,'1T?U+RSL]S2KI[G3!T>'=?0MMS2KI[/KU;# MO>KW/59:VM7S[)D]Z%7<851N^5-[_K&;?T)6__/_`%!+`0(>`Q0````(`+A" M`4?GR6$F#M@!`)U;#@`0`!@```````$```"D@0````!I&UL550%``/&UL550%``/&UL550%``/&UL550%``/ M]-P0M`(`AZ`Z`!0`&````````0```*2!P50%`&ES:2TR,#$U,#8R,E]P&UL550%``/`L``00E#@``!#D!``!02P4&``````8`!@`4`@``!2$(```` ` end GRAPHIC 46 BarChart3.png IDEA: XBRL DOCUMENT begin 644 BarChart3.png MB5!.1PT*&@H````-24A$4@```.(```%;"`8```#(HE+>````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``(`!)1$%4>)SMG7V<%,69QW\] ML[,+NT!\09JNJJ[NJ9 MZMGGRV>9F7IYZJGJ>KJ>KJKNMFS;MD$01$F)E5H!@B#($`G"",@0"<(`R!`) MP@#($`G"`,@0"<(`R!`)P@#($`G"`,@0"<(`R!`)P@#($`G"`,@0"<(`*DJM M@)-,)H.=.W<"`*JKJV%95HDU(@AO;-M&2TL+`*!W[]Z(Q=3'-Z,,<>?.G:BM MK2VU&@3AFZ:F)AQZZ*'*^<@U)0@#,&I$K*ZNSGU_Y(U-Z-:]&G![IS8*P[+A M<,6QPEBRG.GTIC!C4%X^]M1D5B818'[=\V7)8]56M%T>/]E2G_JLW MHZ(RP=?360:K;+?^@C*Y9;#J#PCEMK>E,.(KG>U?D1#K(:NG.T\6B_';*=>1 M9]_>%GSWY&,!Y/=A%8PR1.,U,D^VW6&(';K5 M[.\(LF6)R@#$'<6KCMG\HG3H,$0`Z%;#T-\MSXFLL8ETX_WVTML1UYY@M#]/ M!N]$(JJ#2(9;EK,NCCQ^YS6,,L0\;'B/%+S1`]C?0#*-ZPZS/;[SGFD@8S"B MW^ZS9+,]%E%<#YEXC M.L\TEBO<'<;*RPNS7'^L].YXV;+=!YMU8A#IY.Y(O/2LK M?9Q&Y8YGR6/5AZ6#K!L(1KB[[CQW5/98N'^SVH%55D#,'1&SL`X&[T"QPKW. MK"K&)0IGZ1$DCJ67J"U$[A6K(V7C6.%>=?9J7]&(Y/4IDN,.9QDC3T^1')EP MU9.C(N:.B%ED&M+M*FEJ'..0.0/+=A36"*JB1YCI_:!BR#K1-"*:;X@RB$:< M@``GES[ M#_;R!4$8QKZ6)(8/^#P`8,^>/:BI4>^WY7=J(8@(HL40MVW;AK%CQ^*$$T[( MA6W>O!G]^_='75T=ZNKJ*<\>ET.J]?.O^"$MJ(N'3I4@P< M.!!?_.(7`0";-FW"55==)9U_Q*"^W+CO_W`J+KEV6NZW5R?:\=$_L/3N.=BP MYL^X[_DW``!_>WT%?K_T/AP_<#`^V/@VCC[Q2_CV%3\HD#%OZG_AGUNWY,*W M;_D`$V^]$Z<,_09&G]H?_][OF%SZ3T MAQ9#7+Y\.1YYY!$T-S=C]NS9&#=N'`X__'#<=MMM&#AP(+9NW8KZ^GH,'3I4 M6N;C;VWFKB.J+NBN^_,JG'[NA5C_UINYL+;65HRZ9A*^\*6!:-VW%\._]._X M^LA+4-VC9U[>0:?5H>["$0``V[8Q[;)O84C=N0"`:VZ,`6C?S"Y M('Q?2Q+U@H%#!BV&.&S8,`P;-BPO[.RSS\;99Y_M6V9%(K'_YMN`U%TX`G][ M?45>V."S]NN[?1<-/']12'Z(TQ.-Q(!XO"-?13\V_ M^R)D?GWO/+SYOR]@XFWS/1_Z\X='?X4;%RPN"-_VP=_1O:8&!_;N>%;)MRX? MC\=^<0_>^M,K&#OU5OQ\]DT8,V4F'KOO'NQMV8-!I]?AB_]!,\C$?KK\SIK1 M/_@1&A]Z&K^X8SK6_645-]WZM]Y$W^-.0/>:'@5Q3RR^%_5C)^1^U_3LA=P*:/_XG6O>UX))KIV'I77-"J0L17;JL(3[S\&+L3>X! M`"0J*]&[]C#\8_-[`(!/=^[`OKTM>>F?6K((PR\?5R#GTYT[L*MY)XXXYCAF MW,M//8KZL1.0_&PW>AUX<,>C%.@QD82++F&(;[WV"EY^ZC?X[--/\.M[YV'W MIY\@45F)_[EE"AY==!<6S;X)O?L^!T`P.([;\&+CS^HZMX= M!Q_:IT#V[Q^\#Q=>PIX-7C3[)EQYPVVP+`O_<>90?+#Q;3RZZ"Z<.O0;X524 MB"S&WGWQ%-U]042$?2U)7$1W7Q!$]"%#)`@#($,D"`,@0R0(`R!#)`@#,'IG M#:VV$5T%HPTQ;))[]V)KTS_W+[+'XAT;RN/QSN\=GXC%`,M"!D`J8Z,J%@/L M#)#)`)DT[$P:2*?W?\]D`-N&;=OXPA%'^GI?'M&UZ-*&^%E+$G_;]$Z'\<7B ML"H2L!()(%$%*U$%*U'9\5>1V&^DZ+@+`^EVV.TIV*FVCK^V5B#5VO$]G0+2 M:=BVC6,./QPQN@(@/*`>0A`&0(;H!V/V(A'E`AFB'V@6B=",N=>(?E^0DD7E M3;%AXZ6#Z@L_324*+P`2O2V+]5M5GD_,-<2@J#RL117=KJGLTXM,)PIZRCPE M*X@\GY!K2A`&8.R(&-0SE2TC;*'%J$>6*'B&Y8B.-J<143LBTDWF8H#7'D[YP4\`!ANBLX*=GY;567]'.,L^X4[G^&I;^;]UP^KS MV7=="%U:1EWRA+CD6-A?EX*DC'9B)^27Q4QC,?JUS$6$0$]G?$'=K<(\SF/L MSLLJTZD[5R]&O9CYG'W'*K3U`)AKB+P3C4=["M/)I@D+71>**FED4-'+CWQ5 M/?S4*XRV\,JGL0WH&M$/N@XZ071B[(A8C&D,W_)%+J8KKACU($J+CN-+(R)! M&``9(D$8`!FB'\C7)#1#AN@'VN!-:*9+3]84@W*I!\&')FM*!5D6H1DR1#^0 M:TIHA@Q1-S1:$CXP]AI1:KN3B?#V4K/2Z:Y;D+W3891;ZKQAUSM+.>\U=>Z5 M#K.,L+$L3CEA[M54*4N''D%DA)FW2%L1:;*F5$1ME":,APS1#S190VB&#)$@ M#(`,D2`,P.S)FB*440SHDK*\H M?*A.6/7P2J^O;)6TBL;H2Q_]'5BF+'_YQ?)TUR4R(R)!E#-DB`1A`%I==AKZ].DC)9-U31W4$]!R#!@W"<\\]IZ,X@B@[0ILU_?CCC]&K M5Z_<[UZ]>J&IJ4DZ?WLJA?94BAEGQ6*(Q^.!=20(%=+I-.Q,IB" M/N6HO-785,+4[U<+?HP'[KHC%-FA&>(%%UR`)Y]\$N/'CT=[>SO6K%F#A0L7 M2N=_=NV'Z%Y=PXRS8N4YV1N%F^5--D(@7/TNNW8J+IUX?4'XWI8DSAO`'SAD MT&*(RY!QB71#KZJ19#'#9L&(8-&U80/FO6+!WB":+L,7B+6WG< MCUCJY0LB?(Q9ONARD&41FB%#]$-7VJ)#%`5C75/N-AB_#]'-RK!=GSIT4TDO M>@"QRMJ#4W]GG5CR@,(Z^ZF_G[8W%;?.*FW#:^\`&&N(K/O"KO2V*RV=9X79][#-PR.^7DM8>CS7.S^EUE^8([T\R9VK6)="H5[)_5<1I$XL$K'P)W'%4?7 MB*6"7%-",V2(!&$`9KNF12@C;&'F+5\0NB'7M%30\@6A&3)$@C``I!E!0=QY=&1#^0&TIHA@S1#S3"$9HQUS6%P;.F*O&U_"5J62MNR MZBBJ/TN6GGYD[(BHWH"B-)H1B2X8+55.&+J,45:6EQY1-$;9WZQP&6,4R?*/ ML8;(?,2$ETOH3I,5X-X4[8H.$Z89NO429<["W?DNR,M[9HUJ7I5TK+K)RM.% MK%Z\M%XRW?U(0T$5EG']8#FIWI-3Y\63N\^CCC))[H@=;Z\PK\\!LW<=(QT,>_=81 MDF5[8:PA6IR+*[^K14IE:Y"1DV6)I[=5)C:#'/P@[:225T9'W2?)H!.\K#B5 MM#HJ1*XI`\_5"1.'6R+2F#LBNCY9\!Z")G+WG.F*.6OJ-3/I-2O,64N6FNV4 MD:W##59Y@)OJK*ZH?"_9O+5]=SQ+AJCL;)JR=DT!^9D_67>U*`,9IQ`O'51< M454WTX^;Z\<-%LD)HK-J_72VCY*+&H"(NZ;%&M<4*/F]BGZN_OQ>Q84OGDY?O0NDV*/EZ9'5W?[+2>)4J5Y8S+=_)=9=I=S9` M?G[_NNB`I2.O#65D\/,5MI'O?N3`6$,$X.L8*C6*W_93'70DTUNYKIW_R4H3 M%+8*NJ8&8UT>)"&#LB&C@U9\<+K4\,)<0RQ&#R[F MUAJB?-%P?,DU)0@#,'9$I`&1B`HT:TH094+9&J)H)(K"".7>]!R6SD[9?C=H MLV3I1$:F;!K9_43%OG'`7-?4@I;G18J,T;=\E5UT`>KAUR""E!74&%73ZI2I MXRX141BW;314V%A#+-R,[`QSHG+GF/M[,7">A[T>P.#,XU4?K[3N.PJ]VH[U MR2O75<0A4TGBEDT2T MH&\5_K1XD:*,@=/*U)DW#LHZ]:KC5)CCJM]Q3E5^87UHLL9$:-<-X0,R1#]$ M8;:'B!2&NZ;AE^$+>C\BX4#'\376$,NF!Y=+/0@^M,6-(,J#HHR(PX M<\TU&#QX,`#@^NNOQXP9,W#[[;<+\Z12*:12*69<+!9#/!ZG3N>"VB-7.8_?&48P]S'W5E0A\1]^S9@_GSYZ.AH0$`\.Z[[^*XXX[S MS/?&W[>CNJ:F\U>VYW?X?[%8#!W;W\S?QI)O[S(ZY]?5.ZWHC1-N.OII:-8_@\F3\.XZZ86A+273G5>H+^:8H7V:0=*+R+,>G[?JM M"R]9*O$\_=VH7B'STO)EQ.,58$UM)!+!7=/0#;&JJ@J__>UO0Y*NL_.87ZQ^ MRJ8BB'I=C-U9XQY'PBK#%S)W_SB"H]U%""]T'%]C#=%L2V3`NS6-++'\T7!\ M:8L;01B`L2.BT0.B*".]^Z++H>/XTHCH!_-738B(089($`9`KFG(& MF7KH>#BR[%Y+D3ROA_3J>.AOT+)$#PT6R5-!]*!E5ECP_F2L(09SZ7B;ABU7 MJO`-4JX>HA2R&\;];!*7Z5!^-JS+I/=;EE<^V?)%B#;"%X9U'=>T!#=8:*54 M^NONG\4F*GIJP-@14?;NH:P#X2FK5.BXRXB,T6QHUG1_6K]EA`W-FI8_7<@M;JIET)!8WM!D3?`RPH;LL/PAUY0@ MR@0R1#_X/`72R$CP(-?4#P%>5$K&6'[HV"IIK"$:;HJ*99#Y[8=>ECOM/=*/C^!IKB$'&$1WW M*.A"9WE^MXVJW*^@@NZVE)%GTK'5"4W6$(0!E.6(&#H*BAE=#T(+M(Y8*NBY MIH1FR!#]4*PA+NA%4RG1<1]FD'*]PL(JRR?FNJ8:9QM%9?A"91TQ:#W(&/V7 MZQ6FJ2P=_91&1((P`#)$/Y@Z`A&1Q5S7%`;OJPFPQ8TH/VC6E"#*A.@;8MA/ MF`I;EHXR=`^[Q1S&2_5T.]5R0B[+7-?4LF#)3D=9,KLMG1M7.WX7Q37-U:I/WY8]?G+)_.=5T4^@-R]8P[1I]$=$`.J[+4NR-=AP MF4'628JY7N`'%?U*H[>QANB^AT_VGCY>NE*:(J\;N)?9+!36U9W?J_NX97GE M8^G#*UL4+G-,>'43+3?RRF'53]:#5&E#V;Q!,=8U!?QU2%$Z;8TH6SC$!U44 MK\,89?.)RI4I3T:^EQY^C%$VO9<^(CU4]?&+L2.BT8BN$6D?*N$#&N]ZB>A8(\HFYA@@E#U!9CNSU1%!$YB+`RQZ'911M>!.D9/'7F">C@ZTZODT=7W MC'5-55W'8G06/QF+Y0('@8PQ6!Z:-2T5930B$F9@[(@HO$(6[5A2>29?*88J M]U2=;/W<<2H[YMQI>>WGUD\D+YM6I(](ILHS'EGER93!@S>M*EMWT12O3XPU M1`O@W_DLFD93\+.TVJ%@J46I'J)P9UP0/R[HU*SLE*+JM+=,>\A.P8KP,ZTJ MR$NNJ4F0NTH$P-@1L3B^8ZE7$HGR(/CQ-=80RZ7[EDL]"#[DFIH(61WA`S)$ MW="U(N$#A"EA9YK2A!E0N@CXA__^$<\]-!#Z->O M'S[ZZ"/,FS@``SCSS3#0V-DH98DLR M&:9J`("]+2U(M>Z#%8L!L3BL=!I6.@VD,[#2F<[?[;#BB8[X6(N=\]>_9$4U.35-[^?3\?EEI%Y5?7EEH#(@J$.EG3IT\?[-Z]._=[]^[= MJ*VM#;-(@H@DH8Z()Y]\,C[ZZ"-\]MEGZ-FS)UY]]54,'SY<*N^ZOV]&=4T- M,RX6BR$>C^M4-;*T/[D`F0VK8,5BL"KBL"H3B&7_NB5@558BEDC`2L1@Q>.P M+0L6;-CI#.SV#.Q4"IG6%#*M;EO MM^U#ZL[+`2L&JR(&JZ*B4_\*6%65B%55(E:9@)6HZ(B/QV#'*V&UM\%.IV&G MTLADZ["O%9FV=MBM;==1;..NNLL(LAB$AC['2>>-K??47D_2]"J?ET?'G;$J MA-&-G776*5O4#_S0YC>:2LYX?P'O'LY=&RRO+*)QK\9!YQ+5L^!#J$C.741]2^[G1._#Q; M1B-Y=6!%BOH3(&Q['9N^C35$KCY7E<% M0=HH$`)A7FTG6Z>0VI[NOB#*B.A.SI$A$OE$MR]'&F-=4[IK00[M;605_HSZ M<0B[#CIDTXA(Y!/I$3&ZIPPR1"*?Z/9E1/DLTB4,T4_?"KJE9M7/L!<2[+<:1UY+%=9EDN^#,(V*!+"-3AF M8O#7Y:!GW4T%RUFF:!U85$>GSJ[T76L=T<\ZE,IZECM>92U)1;<@ZU&E&D[\ MZ"QS[%1E^D5EW=/O^G)`NH1K2I0'Y>S6&CLB\D["*F\C8Z57S5]JO-[05@Q4 MCH'?.!G\YL\Z5T'[CDA^4(P>$?UXEE[IHV2$0.F].M5RP]37.[\X1="^$R9& M&R)!./'V`&CY@B"(`!ALB++>.6L*RY+X\RK7#+L@ITTV>,.FI@K"%Z#ERR,MS?_=AV MJ=+*Y"V.)49$-N<:,V>B=L\5#]-[L4P9?H^AK/R`D&OJA9_3K]^\A!F4X+B1 M(1+Y1/$HR]1C3E$M%THKSGNUA$8;*&1D2",``R1((P`#)$ M@C``,D2",``R1((P`)HU)3PIA^-@^JRIL8:8]XP9UI:C,+:2.1\VQ8L/6HY7 M&7YDA0U+5Z^V<#ZL2W3LBF7E,KKRPKWJ6O9;W*S._SP?"I8=/WE/BV+%HS#, ML@2RLG&L_#)'R2'#8L@N2,N+<\H2%*L51AT+RF;%NW7L_&%YM1E?"SV(ZN(X MIGE-S]N[J,=W,W=$S"$:0KS>H66A,+_S%)?]=*9SEVD[PD2-[F6,K'HXAW1G M&>XX5GU*@4R'<]?)&>X>6M0Z<3"'Q*T7:YCFY7&6+O,.-W4,-D29@^0U5/+2 ML.*\O@<]ZXGT4O%[9/.5`J]V*Y6^,CK(]K5PZF.V:^I"1[4[S-O2)D\'>IR; MTA"T6^N%+55%1Y53HDP>68P=$7F=4]EE^C*KXQ\EW%L(TQ M*)$:$8DB8,39P"_15=[8$9'H(E14HL>869TND`6K&WN-Z&=MK1R>7BA3!]DMD#J(\AIG M&+#:7$?[E-6(6`X=1F4363G4-VK0.F*6L$[1*A80=GFF65@0??P,'ZQC7.PV M\=H!H'FG6ZBN:=^^?=&O7\<:CF59>/GEE^4S\T[[K'W:/#]#=-R1```+'4E$ M051--LQ9INB6&*<^K+V_K'W:[M^RMP#Q\O/T"1/GAA5W/41[J+WJ*=)=Q0?T MNN6*IU\VG'6\6'5VH['M0S7$*ZZX`C-FS/`OP&O_D==9R<\>.=E&%Y6MDE:& M,/?ZR90M*M]/)]7M?8ATD=%/=?0-H>U#=4U7K%B!N7/G8N;,F7CVV6?#+(J( M*"^_]!*JJRKQX8?3J?Q]:^=@RO' MC,F%K7SM-4R^;A(F7S<)JU:N!`!D,AF,&CD2__K7O\*K3``"C8CGGW\^MF_? M7A!^T4478>;,F9@]>S:&#!F"=#J-,\XX`XE$`N><G%8L!\5C']K"]NV!U_USG MEC`;=B:#6'L:2&=@I].=?_NWB<5[?SXTW;=NW8K?/?$X#C_\<&Z:AIMOPI`A M)^.*L6.Q<>-&7/*]B_'GU6_EXF^_[5;T[]\?>_8D?U4A4"&N&S9,F'\D"%#``#Q M>!QGGGDF7GSQ16E#//3@@[AQ-S7+<,/)DP$`/3OWQ_;__$/;-FR!4<>>21^]\03..+P(]"O MWU%X]8]_S.4Y\,`#L'/G3F0R&1Q\\$%X]]UWL?;_UN+:_YX42.=9M]^&VV^] M-9`,'J%=([[\\LM(I5(X]]QS`0";-FW">>>=)YW_XW\UHZ:FAAD7BT5OLI?( MY^8;I^'ZJ5/1HTN=^]>O7"QTU-V+=O'_ZTXE7,^\E= M^-4O?YF7YY;;;L?/?GHO8K$8IL^8B6LG3L2"A0MQ^VVWHJVM#=\=?3%...$$ M99UONGDZIMUX4T%X,ID4#APR6#:O!0*R;MTZS)PY$X,)S[/N(9(1)/%]]^/)QY_'.WM[3CHH(,P<-!``,#8[NUQ?///L'''_\\0"`P_K48M4;;^+7#S^$MK8V=._>'6^M M?@OO?_`^1HX7_TV-$/T`QEBU^38HX_"2__["HXXX@@`P+9MVU!; M6XM$(H$?3IR`DT[Z,L9>>24V;-B`2[[_/?S%<8T(`$M^^4N\^NJKN'_QXKSP M#1LVX,=WW(%?+EF"!0ONQC%''X/SSC\?7__:U_#<"R]HTU^'(9*/1Y2,EI86 MS)YU.W;OWHU[_V^651:JA/#0B$D1`:$0DB#*!#)$@#(`,D2`,@`PQPKS\TDOH+M@>MG;M6EQQ M^>68=^=O1H`L'GS9GS_XHMQY]Q&W'3C-$R<\%](I],`@-=>>PT_ MNFX2?G3=)*R,R/:P^@T\^^03U(T;@6]_^-@#@F^>=AU\__#"^?\DE^(EK>]A_/O$$%FC8 M'D:(H1$Q@K2VMJ)A^G3<\>-&[HX4`/C[IDTXLF]?`,!11QV%]]]_'^^]]QX& M#AR8,T*@8\3+[EXYH'-[V(X=.W"08WN8,SVA'QH1(\A--T[#%(GM86><<29> M^].?\-W1HW-W(>S:M2LOS:I5JU!34X,++[H(0,>Z779[6(/&[6&$&%I'C`A^ MMH7?BOI\OPB_NOQ\`\-;JU1A1_VVL M6[<.7SMG&+YVSC"L6K4R)S^[/6S^_/FPT+$][)G.[6%77GFE4%=1^\JTB\H? MKPR9-N3I(M+?*SP(QKJFNQ1*1")1:G64(?W#H>NN(\HN');RG1%!4'T7@PE$0<-&@T]IKB'J M>.V8NX%T&JO-^125)RO7G4Z4CY6>I8/J/D#5SL5++RM'5&<_[2A*)]->?LH+ M@+F&R$*TLU=D=%Z=,8BQ>XWZ3F\K.9=F=Z;(&SRM7I(]* M6E9>5OW=^55/6)K<7*-N@W+.&R5;.M_NXSS`LF0;G=7X[G`%4NT=;_U))I-( M5";RY:GJR(*G%ZL^[O@L@I>*IMH<^E=X3'9XZ>*%*)V7#'=].S^S;UU*)I/L MR1KW= MA?'CQ^>EF3QY,J9-FX;&QD9\YSO?P?KUZXNM)A<9_1)$HSHS(-:_M;45]]QS#ZJJJC!@P`!,F3(E]]HV4Q#I#P!K MUJS!>^^]5Q;KS=$_E83`J%&C``#Q>!R77789\T!GC1#HZ##9MRF9@(S^UU]_ M/:JJJ@``FS9MPH`!`XJJHP@9_9N;FW'WW7=CQHP9OO=WF@2-B`S&C1LGG7;? MOGUXX($'<.^]]X:HD1JR^N_8L0-SYLS!ZM6KL63)DI"UDL=+_TPF@\F3)Z.Q ML1'Q>+Q(6H4+&6(`6EI:,'[\>-QYYYTX]MAC2ZV.,H<<<@CFSY^/+5NVX-13 M3\7&C1N-&MEYK%FS!HE$`@\\\$`NK+&Q$75U=1@\>'`)-?,/N:82L%R?YN9F M7'7556AH:,!))YV$AQ]^N`2:R<'2?^[<`@`XXXPS\-%''V'Y\N58LF0)EBU;A@D3)I18VT)X^O_F-[_!\N7+\=>_ M_A6+%R_&J%&C\(UO?*/$VA;BU+^EI04GGWQR+F[[]NVX^^Z[\ XML 47 R140.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares MSCI Emerging Workforce ETF
iSHARES® MSCI EMERGING
WORKFORCE ETF
Ticker: EMWK                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares MSCI Emerging Workforce ETF (the “Fund”) seeks to track the investment results of an index comprised primarily of companies in emerging markets that meet certain workforce demographic criteria.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares MSCI Emerging Workforce ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI Emerging Workforce ETF | iShares MSCI Emerging Workforce ETF | 0.67% none none 0.67%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares MSCI Emerging Workforce ETF}
1 Year
3 Years
iShares MSCI Emerging Workforce ETF | iShares MSCI Emerging Workforce ETF | USD ($) 68 214
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Emerging + Frontier Markets Workforce Index (the “Underlying Index”), which has been developed by MSCI Inc. (“MSCI”). The Underlying Index is designed to track the equity performance of companies in countries from the universe of MSCI Emerging + Frontier Markets Index (the “Parent Index”) that have favorable demographic criteria. The Underlying Index selects countries based on the following demographic criteria: a higher percentage of population below a specified age and the potential for a greater number of higher productivity employment opportunities based on higher education levels, higher relative urbanization and lower dependency on agriculture.

The constituents of the resulting eligible countries are market-capitalization weighted. Countries with less than 0.25% market capitalization weight are excluded and the weights of the remaining countries are rescaled proportionately. The maximum market capitalization of country weights are capped at 20% and the remaining countries’ weights are rescaled proportionately. Once country weights are determined, securities within each country are weighted by their market capitalization within their country weights.

As of January 8, 2015, the Underlying Index consisted of 460 companies from the following 14 countries: Argentina, Brazil, Chile, China, Colombia, Egypt, Indonesia, Kuwait, Malaysia, Mexico, Peru, the Philippines, South Africa and Turkey. The Underlying Index may include large- and mid-capitalization companies, and components primarily include consumer discertionary, consumer staples, financials and telecommunications companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by MSCI (the “Index Provider”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's NAV, trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the demographic criteria of issuers included in the Parent Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology will accurately assess the demographic criteria of included countries.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Discretionary Sector Risk. The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns.

Consumer Staples Sector Risk. The consumer staples sector may be affected by, among other things, marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of currency.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements, recent or future regulation on any individual financial company, or regulation on the financials sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Liquidity Risk. Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Market Risk. Non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of the Fund’s holdings difficult or impossible at times.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk and Central and South American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk​​​​​​.

Risk of Investing in China. Investments in Chinese issuers subject the Fund to risks specific to China. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the past 25 years, the Chinese government has undertaken reform of economic and market practices and is expanding the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of tariffs or other trade barriers, or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Telecommunications Sector Risk. Companies in the telecommunications sector may be affected by industry competition, substantial capital requirements, government regulation and obsolescence of telecommunications products and services due to technological advancement.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE TRADED FUNDS (commonly referred to as “ETFs”) THAT DO NOT TRACK SUCH INDICES.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.

Workforce Risk. The composition of a country’s workforce or the demographics of a country used by the index methodology for country selection may not translate into the positive performance of any individual security or securities market.
Performance Information
As of the date of the Fund's prospectus (the “Prospectus”), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.

XML 48 R59.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares MSCI Emerging Markets Consumer Discretionary ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI EMERGING MARKETS CONSUMER DISCRETIONARY ETF
Ticker: EMDI                    Stock Exchange: NASDAQ
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Emerging Markets Consumer Discretionary ETF (the “Fund”) seeks to track the investment results of an index composed of emerging market equities in the consumer discretionary sector.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 10% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 10.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Emerging Markets Consumer Discretionary Index (the “Underlying Index”), which is designed to measure the combined equity market performance of the consumer discretionary sector of emerging market countries. As of June 30, 2014, the Underlying Index consisted of issuers in the following 15 emerging market countries or regions: Brazil, Chile, China, Greece, India, Indonesia, Malaysia, Mexico, the Philippines, Poland, South Africa, South Korea, Taiwan, Thailand and Turkey. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include consumer discretionary companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.

The Fund invests all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term Fund, as used in this prospectus (the “Prospectus”), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Discretionary Sector Risk. The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Risk of Investing in South Korea. Investments in South Korean issuers may subject the Fund to legal, regulatory, political, currency, security, and economic risks that are specific to South Korea. In addition, economic and political developments of South Korea’s neighbors may have an adverse effect on the South Korean economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Year Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the period shown above was 8.93% in the 3rd quarter of 2013; the worst was -3.27% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2013)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI Emerging Markets Consumer Discretionary ETF | iShares MSCI Emerging Markets Consumer Discretionary ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.67%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.67%
1 Year rr_ExpenseExampleYear01 $ 68
3 Years rr_ExpenseExampleYear03 214
5 Years rr_ExpenseExampleYear05 373
10 Years rr_ExpenseExampleYear10 $ 835
2013 [1] rr_AnnualReturn2013 5.13%
Year to Date Return, Label rr_YearToDateReturnLabel The Fund's year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2014
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 0.42%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 8.93%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (3.27%)
One Year rr_AverageAnnualReturnYear01 5.13%
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.31%
Inception Date rr_AverageAnnualReturnInceptionDate Feb. 08, 2012
iShares MSCI Emerging Markets Consumer Discretionary ETF | Return After Taxes on Distributions | iShares MSCI Emerging Markets Consumer Discretionary ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 5.12%
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 4.28%
iShares MSCI Emerging Markets Consumer Discretionary ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI Emerging Markets Consumer Discretionary ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 3.18%
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 3.49%
iShares MSCI Emerging Markets Consumer Discretionary ETF | MSCI Emerging Markets Consumer Discretionary Index (Index returns do not reflect deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 5.79%
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.99%
[1] The Fund's year-to-date return as of September 30, 2014 was 0.42%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 49 BarChart1.png IDEA: XBRL DOCUMENT begin 644 BarChart1.png MB5!.1PT*&@H````-24A$4@```*@```%;"`8```!!.L6W````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``(`!)1$%4>)SMG7N<%-69]W_5 MT\W``",9!0S1E4O\)`(BB(KZ^CJR82\Z<<$+(;@BJ_BB)**B`@YR$XC@$%VN M9M4="%&0$,AE5Y,8R1HE1G1?!&4#CJPN@X@91"XSTS/0EZK]8V9ZJJO/J3IU MZSY5_7SYS(?N.N<\YSFGGC[/N54=1=,T#00A*9%"*T`09I"!$E)#!DI(#1DH M(35DH(34D($24D,&2D@-&2@A-62@A-20@1)20P9*2`T9*"$UT4(KH$=551P[ M=@P`4%96!D51"JP1X09-T]#2T@(`..><.H6_?OH56@_"! MAH8&].G3QW8ZTW_7IP,G M7OO_J402MX[LCZWO'40T&N/GIT^OE\G2D1>']1DF<1EY9O3==1#1+C&V?L;R MZO.PRM-,=\/WTRTM^.ZH"P%DWUL[2&6@^CYGUVYEZ-JMN_6-5CAAQG"`?6-9 MQI!1"$C%DFWZE'5'-!:SEF7'P,R,S9C.#)V<5%2G+\M`>6E9_]O1@25/+\+A M>")8+IYU\XP5HNG^]&F,<7@RS?(VQF5=4TSB&C^S]#;*,J;AE8]5#C/9(K!^ M/+S\?<+7%E33--QXXXT8-6H4DLDD]NW;AW7KUJ&\O-PZL8)L`^2U=(KA?UY+ M9N;R`78KHL^/E8_^.TM_L];(:*1FNAGS,=/;B%EWQ"H.SS/Q[H4^GD<3,+ZW MH%=??37FS9N'18L6(1J-8L.&#?8$F-THP-Q@]89IK&!6!;(JEV4,+!FLSPHG MKO&:51D!\Q\$*Q\%_'+R]#"3Q8MKI[OB`%\-5%$4S)DS!P"03J=17U^/(4.& MB"4V*YQH_TCD!MG%:WF`V(WT(U\O,?OAN"`O@Z3MV[=C[=JUN/KJJU%962F4 M)I5*(I5,,L.42`0E)25>JEA89#<^"]+I-#15S;G.NW]VR(N!CADS!F/&C,'2 MI4LQ;=HT//?<#R.'CUZ M``"VOG<07MJ'#UR&+V_>AX.[-V-&R?=C:&77PU-T_`OBQ]%GW[GX=A?CN">N4L! M`+MV_`?JWM^%V^Z;68CBFB+52A+11O.ID_B_-XS%-7_W#P"`N7?>BM?_[6<8 M<]-W,W%45<4/9T[#$QM^CM*NW7"Z)8X3Q[YH2]]X"M/FM_4)/]SS__'DC+NQ M_O4]^&3_7D2C,=QR]W0\_\1]U?X]Q>?Q_P?;02B9QTYW?`P!,?FAN9]IT M&F7M:;N7GX6F4R<``$VG3J![^5E85_,X)C\TU]%6N'P@IU9$AGWOO8NNWW#%=7^#6Z;.ET&O^R:#9NF'@GAEQV94;FWXV?A(G??P17C;D>+V^LQ7>G M/8P75R[#'3,>0VN\&1^\\T>F7JRR\!;'O%SME-9`648G6@$BZ:Q6'GFK?&8K M@ZSXO/+PRM?Q_WM_?!VO_VH+'EJV!B61"/[XFU\AG4[CZ)'#4`!<-'PDTJD4 MXDV-`(`O/OL4YP^\$`J`Q)G36#WW08RY>2)&_I_K\/;O7D;RS.FL_)Y?.@]W M/C(/T6@42B0"!/5@T[79\8]BEF'W[ M/T#35%PX=#AZ]OH*?OS48JS8^AIZE/?"(S7/X-D?S$&_"P;BT'_7X=[V4?FR M&?\/!^OVX4C]_P``&@[7XT=778LNI5T!`#M__QOT[G<>!GYS*`#@RK_^>_ST MV17XRZ?U^/OOW%&80G/P=:+>+OJ)^E_M_8P[44\$@],M<8R]^&L`G$_42^OB M"0(@`R4DAPR4D!HR4$)J:!0?$!+))$XV-0)*^Z2.HK1MJ5,B0$0!E$C;@VE* M6YMS)JVBM"0":!HT30,T%5!50%.A:2J@MC]NH&GHU;,<723=F$,&&A!.-C7B M#[O^L\TH2Z)0HC$HL5(H7=K_8J50HC$@&LOL!=4T#4BGH"63T))GH"5.0TN< M:?N<3+2%J2JN&WDY^E2<7>`2LB$7'V:DF4!T#AEHF#`^>Q[P1TD`,M!P0RTH M(17R+`IZAM2#I!!X*,\0J@N'KY?QX^ELKZ`6-$R$L`4E`R6DA@PTS,CJMVU` M!AHF0OC*=#+0,!'"/JB\HW@[0TN15PQZB<5;CCV19R?<+)T(?@WC@_+R,-_) MMV?S^DUN5FF=R@Z!QR<7'R:,?=`0>'QI6U"CU\FW%R\V)/7PP6E!R3@%,`Z2 M0E!I@3%0HC@A`PT3-`]*!(H0#)+(0,-$""?JR4`)J9%VF@FP/PBULR#CY;25 M&UF\L[*,.)(OF*AC2L_L/"^>.#.]O:A?:0W42>'L+,AX.9SP8A')$WU<3M0[ M,32_AV6^&^C!@P=175V-$2-&X,2)$VAL;,2J5:OHE`X_"&$?U'<#/7'B!,:/ M'X^;;[X9`'#]]==CTZ9-F#1IDDU)=G936!US+(+=`RQ%9;%.DK4KCX/K:29> M'?+D\NK9NQ^*[P8Z8L0(C!@Q(O-=556QPV3UBYWZ.C!&`0#-&(_C.(T=4%X] M*H:T6DY@KFQ]<(Y\7N?"\)FE4T:>@/$Y;4$575T;=5,X]:"@L]Y9:8UUZ)"\ M]D'??OMM=._>'6/'CK6,FTHED4H)'H5HMW-IM^-GMY[=="R]WBGE)E^K..W? MN4>^XY;-Z\62C^3<,OX(9->N!13'XP/T:IKFEWOJTJ9 M(_-CQY.FS\+MWW\DYWIK2QSC3!H:$7PWT%V[=N&FFV["%5=<@6]]ZUM0514C M1XZT-%`Z"M$!!1K%!_8H1``8.7(DFIN;_07J9 M.$>H+ASV025^J)-:T%!!+IX@\@L9:)B@S2)YQ(OGCGEO`!&YQKKN9N^)2'Z% MQFN=POQFD9R.NY_KVJ(;(;VZ@7X9IXL^J!_=5QHD$=F$T,63@889&;L1-B$# M#3,A:%#)0,-$".=!@S-(*G+\K`M:22+R`[T\C`@4(>B#2NOBA?V.W4EOIP]C M\M*ZD6<'/UX4H(_GM%P^O[E!^A94T96265ZG#[1QDIHN#G`2F*G0H;\"_ABF M,PX[@G`170Z2LO30/2C+T\N#+"V1M@55VO]U?.Z\[G4^8M>^R85=?&_$R-U$2N6Z1O00D7A*`/2@9*2(WT!FK'2=A]?X/7^;N1YY77Q2F>#(,,&=+"E,&C3`M9_X$P4*)X(0,-,R&8J)>W#PHY M7+LL"-6%L=,G6($TS404AA"TH&2@82*$3W5*Z^(S=/@)D;D.WHL51$_PLMK_ M:7:8B)T]H48=N0]V7H=5%K,Z!2-,G]X#'R^M@>KG0=LNB"02N&ZU M(.[DN].U6)%K"C]*#DZ7.O5U+;('5O`Z]4&)T"-M"]J&S.-X+]:W?%XCLR7: MB1Z^G#":15Y:T,.'#V/*E"D8/'BP<)J./=[R_GFAGST9UI7FS"#\U-\M>3'0 M'3MVX)9;;H$6PE&F5(2P?O-BH!,G3D1965D^LB+TA,!>I>Z#ZGCB*FAO>/3^R&HJ2B>3J0=+3_UWG@R]>KQI'#O836)\MPG.Z;C;[_3EZ6"1A=15%XECBXKQX M?5)>>11.G?'.ZDP'Z:Q.N_SMD/.Y85-F5./NA^?D41O"C/4KGD3M/R_U179> M#'3[]NW8O'DSCA\_CB>>>`+WWGLO*BHJ3-/\[L^?FI[523`HT+N9[GQP-O[I M_IDYUUM;XJ8-C0AY,=`Q8\9@S)@QMM+$8C'$Z*S.#'[:FMLIH2CGK,Z4!_>/ MFJ(P00_-$8&"IIG\(V>S2)$C5!=>;!;QD*)Y:(XH7LA`PTP(/)"\+AZAJ%_/ M<+191-#C^U77@=DLXAY%][](L8WQ[*03R=N.#B)I1);`!/+T9;,(+U_6\ANK MWMTA;0MJ7EC1@MM9PS2+P\K;3N5[8:0BV;A9M+>YONOHNGVD-5!;;H>W0<0J MS"[&71TYNT`X8:PX+-WT&UJZ>6&FTAJHHXZ1DT;`+F8-G4@C MZ+2!EF$IR:[SH&DF(NS(VX(BVZN(X.8)'Z=I[9S6`HNX9D]'.QK%"^+%*)Y5 MOE"[>#=#$3?Y^97.[O#,D3X%?.3#KQX(N7A":J1M00'^K]+,%8H\K6&GR\"* M+_)"$2<'M?%>.B(^F^'.Q=MYL8K(YW"[>)..D>A`VBR=D`X6U[W(2V2*'G`Q MQ2FJA&)=ER*STEEI:!1/9!'"QXZE;4'UL%RL\;J5JS3&T7]WTF5@I3'.8_/< M)DLWGOQ\N'B]/G;KSBQ-N%T\W,]U6Z5CN6K12C:;6W?:!3'3S6\/S_K,BR.: MQ@L"X.*MBN]G]>0+C\K@N8MW.\GGOES2MJ``H%BT'QHT`!H4*-#:_R\T&E(!+%)Q&[<+'R>J"]$OD65Q66&X>0C7A^K%CJ_+P]&2'>[&I1/H^ M*&$#VBQBGS?>>`,;-V[$@`$#\/GGG^.IIYZBPQ'\@D;Q]FAI:<$==]R!IY]^ M&M75U2@K*\.:-6N$TBKTE_-G&QL#'VET-N!K"[ISYTZ<>^ZYZ-&C!P#@VFNO M14U-#6;,F&&9MK4U[G5_.]"<;FU!\LSIMC.B2J)0TFDH:16*VOZ75J$DDT`T MECE'2E,U0$U!2R6A)1/0$J>A)7EYYGO/GCW1T-`@E/;:P?U]THHP\I-"*V""KR[^W'//16-C8^9[ M8V,C^O;MZV>61,CPM04=-6H4/O_\*RU/IEFX5YC)MUL6)WFY?8N)4[R76_1K\86XC?Y3",WM-!3B2-N" MYJL+ZL5;DHT$U["])=PNWD\+M;%&[4@V66@;'M1#T;MX,\*W>2UX2-N"2M"` M.I9-#6@;7M0#M:"$U)"!$E)#+MZ#>,8TY.+;H%&\&]D".)IF(@OMI#B6.OV1 M[1=DGYW0((D(/=*VH-ZT1=Z_2$`,T?5Q*_W,C@OS0J[5L6)6^;->..%M?4MK MH-ZXRL(X6W:N3M:J61M+W&R6L9)E-W]S7>C%#4'&Z48F/Z<@"BF7@[0M:%&, MDL)NI#2*=R[;+V@4WPF-XCV`C$ENBKX%]7K<22UH)]2"$J%'VA8TT$U14/7V M&AHD.9?M%T'^77D-N7@B])"!$E)3E"[>;X*JM]>$>S^HYR:JGU"B7FA^"/%S M\5#@\2O7VX1I\%JN(1CTZ;79QL=O>;0N=O$WE= MO-)>ESX8:5Y'\45LI($8Q>_'(D2,YU\>.'8N% M"Q1'>DDZGH3(.\N+=/SNX-M!77GG%M1(L!O\5_\C$ MAQZ=BX?GS,L-4"#?6V>=Z-31]+@M"RMO-W7$2;OBR2?P]+(E#H6:DY=1O*;9 MKY']GQ[-.FE.3R2B\+L-"L!_8T;[ZK,NK=:;`TN&\'YL[S3ID=)2=1PC[ID/KO%]Q9TRI0IF#)EBB^R.SR. M_G^`?3R6&T_K1">>')['M>N-C6'Z[V;YL?2R&\>8E_&SESTM>2?J(68@BN%_ MXV=>'!'\.(;&K%VWZXU%VE4[=6@G#J^^]67QHIV7>ZF3*'JD;4&-/T$SEV;\ M;G1+7@V*A6&,D7ANW_Q44>LT3LHFTITP<^,=^5GF[4$3*J^!PMJ%N?WN![P\ MO+K."[-;-A$9(MTF)WG;@5P\(36!-%"O.OY^RK"35I9)(QF1UL5;C0+=&*EH M?\WM*+[8C91&\43HD;8%%6Z&[)PA8'5F@!>PFG[6<%BOAY,SP:U6/ZWJA36[ M;B=O<,)$PFT@K8$J@-B.;#M#6MUUOZ:77Q10JY>"+TD($24B.O MBU<$1_$.T'SN@OKYW'V0",1S\;)#MB0W16^@P7CDHWB1U\6#)IF"#HWBB=!# M!DI(C;0N'M"-`DV>B\CL9U``3,U0YGUY6/50\Y3 MK?IZT05DZH:A3\=K"WCY=,C2RS#*RZC?KK^#5R$PD=9`LZ8H3#8M9$53LH)R MDBHY'WQ`_PO@[<@2V3#"VG#!2,?,0LDMJUE]YDP'&<,9\8SRU*VT!NI\.&.6)O<& M^W.8E4@GTRIG5K@=35DO!?(B+B\M2[\0;[=SAN!6;RGP6U>>T;B-RTOK#](: M:%;[*3(UPWK6IP.AUV!X!W/D[29?T2DK5CSCO!OK,TN>,9PW?V>AMEND-=`< M#V_E-QG/ MF$:FH5@A\:(>J`4U0>99QV*!#)20FM`8J,BL8MA=KQ^3!X7&MS[HJZ^^BDV; M-F'8L&'X\,,/<=EEE^&>>^X13J\`G=O%]!=-7IN<$Y^1+B/7)S*'X/)T$)G3 M%%W59,A4&//%"FN.V.P4!+.\K'31?99Z'O3PX<-X_/''T;]_?R232?3NW1M5 M554X[[SSQ`38G??C?;>Z[@=6.MB=JQ3)RVQ^TLXYLQ;`,"[%42[87[G*=)3*<0`B)5GS1-+L'3)8E_R\W6B MOJ:F!A45%9@]>S;V[=N'5"J%8<.&":7]M.$8NG//ZO1N\L')NV.);&;/F8N9 MC\[)N1Z/QTT;&A%\,]#5JU=C^?+E&#IT*#9NW(CCQX]C\>+%P@;JU5F/;B#C M%*.DI(1Y/+K49W5.GSX=TZ=/=R&AHS=G-=_"ZZ7QWG$MWBXZ;T%%YFOTDNW, M\[#*HX_#NF8Q]\:4+Y(_JZ?L[?I;`-;BG0Z!G,RC>($BH+=BL`.[\SR<^!F9 M)O-7W'QY\O7I[,UI>?'0A[0&ZNO23Z&'\7[J(2+3:;X%F"X)S5(G$4Z*WD!I M("0WTKKX?'EXKZ>2_-0[:'A1#T7?@A)R0P9*2`T9*"$U9*"$U!3](,D/V31( M:D/J#[P`/DXMN?A(2"MM?3L9Y(-#R]F/FL&.+X_V1G MYL_\PCU9\7D'9_%^L!PCR\J+58?&.,;XK#R-LMTCKXL7 M:NG,PH6:+A^PVMK#:\%$?F1FZ8$H`6U7TP%WIP3*0MV M?X9A0MH65-1Q6\FP<]T+_.KA!M%(O=`K$"TH4;R0@1)20P9*2`T9*"$U9*"$ MU)"!2H"LHW`9D'::"7!VXT26@?V>9F+E8:57D(V45[903S,Y+9P,-[I0:UB% MPL^R^=:"[MNW#]75U;CFFFOPR2>?X*RSSL*R9FSL/U7,> MR[D>C\=-&QH1?#/0KEV[XK'''L,EEUR"QL9&G#QY$DN6+!%.+\-1B(08@3P* ML:JJ*C."=X)?^RH[9/N%GWH'C5!/U.<+,B:Y*7H#+<1C=(0X16^@A-Q(O5G$ M+TJ^.@#E4W[0WF%4`$6!$HD`$=W_2B03KIV)0^G2'=`T:)H&J"HT5?>_I@*: M!FAML@GO*$H#C73K@7,?P\J5 M*S#EKKOPP^4U`("WWGH+#S\T`P\_-`-_^M.?``"JJF+"^/'X\LLO_2U8V-$D MHKFYN6/+KG:RL4E+IE7/_FK7K=?^I_Z0EDRKVMX_[],J*BJ8\7:\]2=MSP=[ MM?[]^VMOO;TS*^R&&ZHR,A*IM+;G@[U:,JUJ8\>.TTXV-FDG3C5J8\>.TY)I M55O^U%/:EI]M];0,0?L[V=B4N9_-S//--[%JU6JAM!UQ MZNOK\=EGG^'""R]$964E-FW)MN&CP8.Z3&T8]]=^-UUA/6?!@R3AX/(X>/7H``$XU-G'W@XH^]K*NMA;;MFT#`/S\%[]`:6DI M`.#DR9,8>>D(_.ZU[1@T:!`S[=<'#<2FES;CBBNN``#4U=5AZ)#!:&D]C5@L MAH,'#V+$\$MPXN2IK'3+E]=@T,!!:&IJ0B02P:WCQ^,[X\?CWU]^64#C4\`0'-S,_=^FA'(09+H+_.N*5/PRJ]_C5=^_6NL7;LF<[U7KU[HT:,' M#ATZ!``X?/@P\_$$_6]WT*!!&#!@`#[^^&,`;2WJ-[[QC:SX^_?OQY__Z\^X M^99;<*KQ%"K./AO=NG5#(I&P64*B`ZE=O)#0"8/XOGGGT-C8R->^,D&M+:VXKKKKD,T&L6+ M&S=AV=*E^.9%W\3^??M1NVY]1GXZG<;L6;.P_L<_!@!,F/"]_E"I```#3DE$ M051=+%PP'^^^^P[NOOON0A0Y%`32Q1/!H&A=/%$\D($24D,&2D@-&:@%Z70: MCS^^$.ETNM"J"!$T?:V@09(%R602W;J6HO7TF4`\!BV3OC1(ZJ"0CV:*Y)WO MXC>[DO`1`G8@_O!,U#6S=8$/MN5(Y). M@W4>3L.M%M*==,PZ?BQV%O3MQ/&!8!BHL351.-?T_UO)$LW7K(53P-9%5+:( M3GJ#,J:Q,F+>-=9[2:W@O>^4)<_#W2)2+77JQVOQ>#P[T,I5\E[<:E;Y9MND MVNE8HX^WQ!&+QOAZ.+G.@K5UB:$7CXR^\3ABB5BV++,Z%-'5*G]#>OT]=#H6 MEVH4?_3H4?3MV[?0:A`^T-#0@#Y]^MA.%PP73Q0M4K6@JJKBV+%C`("RLC(H M2H"&FT0.FJ:AI:4%`'#..>J^K5`9*$$;(Q1-20P9*2`T9*"$U9*"$U)"! M$E)#!@ID'IX#@)T[=Z*RLA+3IDW+BK-JU2I,G3H5RY/1H-#0U986?.G,'JU:M16EJ*BR^^ M&+-FS<*N7;L*I&DG9CH#P.[=N_'QQQ\'=DXYF#\KCYDP80*`MO-^)D^>S+R9 M,V?.S+SXX<"!`[B8\^JX?/ERS)PY$P#0KU\_M+:VXLLOOY3&0(TZCQPY$L\^^VSF>W5U-6;- MFI5OM5Q3LK#CW&P"`%!;6XM77GD%APX=0CP>S[R.<O6 M8<*$";C^^NL+K&T;>IU;6EHP:M2H3-B1(T>P()J2$#):2&#)20&C)00FK(0`FI(0,EI(8,E)`:,E!":LA` M":DA`R6DA@R4D!HR4$)JR$`)J2$#):2&#)20&C)00FK^%^]EN,?,%YL+```` )`$E%3D2N0F"" ` end XML 50 R65.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares MSCI Emerging Markets EMEA ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI EMERGING MARKETS EMEA ETF
Ticker: EEME                    Stock Exchange: NASDAQ
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Emerging Markets EMEA ETF (the “Fund”) seeks to track the investment results of an index composed of European, Middle Eastern and African emerging market equities.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.49% of average daily net assets until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 31, 2015
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 18% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 18.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Emerging Markets EMEA Index (the “Underlying Index”), which is designed to measure the performance of equity securities in the emerging market countries of Europe, the Middle East and Africa. As of June 30, 2014, the Underlying Index consisted of issuers in the following 10 emerging market countries: the Czech Republic, Egypt, Greece, Hungary, Poland, Qatar, Russia, South Africa, Turkey and the United Arab Emirates. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include consumer discretionary, energy and financials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Discretionary Sector Risk. The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Market Risk. Non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of the Fund’s holdings difficult or impossible at times.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to African Economic Risk and Eastern European Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to European Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Risk of Investing in South Africa. Investing in South African securities involves significant risks, including legal, regulatory and economic risks specific to South Africa. Among other things, South Africa's economy is heavily dependent on its agriculture and mining sectors, and, thus, susceptible to fluctuations in the commodity markets.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”). If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Year Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the period shown above was 9.24% in the 3rd quarter of 2013; the worst was -8.23% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2013)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI Emerging Markets EMEA ETF | iShares MSCI Emerging Markets EMEA ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.68%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.68%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.19%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.49%
1 Year rr_ExpenseExampleYear01 $ 50
3 Years rr_ExpenseExampleYear03 198
5 Years rr_ExpenseExampleYear05 360
10 Years rr_ExpenseExampleYear10 $ 829
2013 [1] rr_AnnualReturn2013 (5.47%)
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2014
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (5.82%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 9.24%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (8.23%)
One Year rr_AverageAnnualReturnYear01 (5.47%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.77%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 18, 2012
iShares MSCI Emerging Markets EMEA ETF | Return After Taxes on Distributions | iShares MSCI Emerging Markets EMEA ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (5.65%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 3.62%
iShares MSCI Emerging Markets EMEA ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI Emerging Markets EMEA ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (2.35%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 3.42%
iShares MSCI Emerging Markets EMEA ETF | MSCI Emerging Markets EMEA Index (Index returns do not reflect deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (5.16%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.27%
[1] The Fund’s year-to-date return as of September 30, 2014 was -5.82%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 51 R123.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares MSCI Global Silver Miners ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI GLOBAL SILVER
MINERS ETF
Ticker: SLVP                    Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Global Silver Miners ETF (the “Fund”) seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of silver mining.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 22% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 22.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI ACWI Select Silver Miners Investable Market Index (IMI) (the “Underlying Index”), which has been developed by MSCI Inc. (“MSCI”) to measure the combined performance of equity securities of companies primarily engaged in the business of silver mining in both developed and emerging markets. MSCI begins with the MSCI ACWI Investable Market Index (IMI), and then selects securities of companies that are primarily focused on the extraction and production of silver. Companies which primarily invest in, but do not operate, gold mines and companies that mine or process gold and other precious metals, in addition to silver, may be included in the Underlying Index. The price of the equity securities of these companies and silver may not always be closely correlated. The Underlying Index may include large-, mid-, small- and micro-capitalization companies. As of June 30, 2014, the Underlying Index consisted of companies in the following six countries or regions: Canada, Hong Kong, Mexico, Peru, the United Kingdom and the United States. The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in companies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those companies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Gold Mining Sub-Industry Risk. The profitability of companies in the gold mining sub-industry is related to, among other things, the worldwide price of gold and the costs of extraction and production. Worldwide gold prices may fluctuate substantially over short periods of time, so the Fund’s share price may be more volatile than other types of investments. Gold mining companies may be adversely affected by changes in exchange rates, interest rates, economic conditions, tax treatment, government regulation and intervention and world events in the regions in which the companies operate (e.g., expropriation, nationalization, confiscation of assets and property, repatriation of capital, military coups, social unrest, violence and labor unrest).

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Materials Sector Risk. The Fund may invest significantly in companies in the materials sector. Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to North American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, North American Economic Risk and U.S. Economic Risk.

Risk of Investing in Canada. Investments in Canadian issuers may subject the Fund to economic risk specific to Canada. Among other things, the Canadian economy is heavily dependent on relationships with certain key trading partners, including the United States, European Union (the “EU”) countries and China. The Canadian economy is sensitive to fluctuations in certain commodity markets.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in Mexico. Investments in Mexican issuers involve risks that are specific to Mexico, including legal, regulatory, political, currency, security and economic risks. In the past, Mexico has experienced high interest rates, economic volatility and high unemployment rates.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Silver Mining Sub-Industry Risk. The profitability of companies in the silver mining sub-industry is related to, among other things, the worldwide price of silver and the costs of extraction and production. Worldwide silver prices may fluctuate substantially over short periods of time, so the Fund’s share price may be more volatile than other types of investments. Silver mining companies may be adversely affected by changes in exchange rates, interest rates, economic conditions, tax treatment, government regulation and intervention, and world events in the regions in which the companies operate (e.g., expropriation, nationalization, confiscation of assets and property, repatriation of capital, military coups, social unrest, violence and labor unrest). The price of the equity securities of silver mining companies and silver may not always be closely correlated.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Year Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the period shown above was 9.34% in the 3rd quarter of 2013; the worst was -35.97% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2013)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI Global Silver Miners ETF | iShares MSCI Global Silver Miners ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.39%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.39%
1 Year rr_ExpenseExampleYear01 $ 40
3 Years rr_ExpenseExampleYear03 125
5 Years rr_ExpenseExampleYear05 219
10 Years rr_ExpenseExampleYear10 $ 493
2013 [1] rr_AnnualReturn2013 (51.39%)
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2014
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (3.75%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 9.34%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (35.97%)
One Year rr_AverageAnnualReturnYear01 (51.39%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (35.10%)
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2012
iShares MSCI Global Silver Miners ETF | Return After Taxes on Distributions | iShares MSCI Global Silver Miners ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (51.60%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception (35.36%)
iShares MSCI Global Silver Miners ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI Global Silver Miners ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (28.94%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception (25.25%)
iShares MSCI Global Silver Miners ETF | MSCI ACWI Select Silver Miners IMI (Index returns do not reflect deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (51.46%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (35.07%)
[1] The Fund's year-to-date return as of September 30, 2014 was -3.75%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 52 BarChart5.png IDEA: XBRL DOCUMENT begin 644 BarChart5.png MB5!.1PT*&@H````-24A$4@```*<```%;"`8```"P,9XZ````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``(`!)1$%4>)SMG7V4%-6=][_5 M+P/,P#`",^"(BB!',9%=%@.(1@Z19'7-/B""!*,@P1-U5PDJH(-&U!B100T@ M*L1%0(48CY!G73!FQ=V(B9)D>7PA*,0'%EQ$!X@(3`_,=%?5_M$S/375]U;= M>KE=MWM^'YU#=]6]O_NK6]^^[W5+,TW3!$$H2"QJ!PB"!XF34!82)Z$L)$Y" M64B7@Y-TR+VB`B":9IH:FH"`/3ITP>QF+>R4"EQ'CER!'W[]HW:#4("#0T- MJ*FI\12'JG5"690J.]LY5AC[,>MW:SQPPIE` M)I/&I+\;@%>V[T.B+.F6?_;KM:;A MEJ:3[[;OIYJ:\+V1@P%TO+>B*"5.:QNS:[=R=.U6X7Z3-9 M3#KK2T4%$LEDQW`\6U[$Y20T>SPG+'8RB5:?RRO8XN3%9?WKQ0>6/:L)'_V' MXJK663?.GAFFY<\:QQZ&9Y.7KM6F_3C+)U98^V>6WW9;]CB\ZV-=AY-M$5@_ M'%[Z$E!7G!KR2SW6CT]CG&<=XY6JK#BPA;6'A+"1.0EF*1IQ.$QGV/Y%X]KB\\RP;UKBL<+R91B>\SEJZ'1--STLX MI[RRG@]K!E/9Z4NO0O,2SLMLHLB,IM._3FFZV>+%%9F,D250^W?1>^"'HBDY MB4/S$55KSX`LO/"U:>?@?N?>1&GFE+X6=TLG#EH,+[ZZQ&4]ZC$#^;< M#],TL>(G]Z"ZMC^.?'$0M]RW$`"P_>W_P.X/MN.ZV^86_F)+B$XASO+NE9CU M\!(,OW0L`.`__O5EG#IYLD.8/GUK,>^Q%1C\];\%`*Q_ZC&<]S?#`0#_OF$] M#,/`];/N`0!,'74>OO6/DZ#K&<0324RZZ7;\_)'[L.?C'>C7_RR\^N*S6/#, MN@)>86G2*:KURJK3@G?GCBU0Y@SSAF4$V9+8]*]#F]%A65/7'BV%$`P(EC1]&]LB=6U3^(&^^\S_,&`D0^ MG:+DM++]=_^)KPT?A619&3?,EE^]A&^-OS;W?=2X?\`?_O,W>/SN?\:1+P[B M\O'7HGME%;I75N'K%XW"^J<>P]"1EV+_7W:A5TU?-![["FM_]E-TK^R):V;> M5HC+*DDZG3@WKUN%V0N?Y)XW31-;7_L5?KIZ0^[8JD4+T+NF'Z;?>1],T\2L MJ[^%_@,'X[)_F("_GWP#`*#Q^%=8=.?->&#%.M1-OQKUZ_X-+RY[%!_^X7<8 M.O)2Z==5BG2JNF?OKC^C=]_345EU&H!LQ^C0P0,=PFQ[\]<8_LW+$8_'<\<. M?_X93JO.;I.C:1JJ^M0@DV[I$._9A3_&C#D_1CR1R*U"KSRM-QJ/'Y-Y226- M='%NW+@1UUUW'18M6H3QX\=CQXX=LI/D\JO5SV#B#_XY]WW''WZ'1V;-Z!#F MU[]:W/EM;_X:U;7],?#\ MKP,`1GWK"OQRY1+\]^Z/<-%EX^1=4(DC_3&-ZNIJO/WVVSC__//QS#//8,N6 M+=BP80,SK/4QC7^EQS2*GE--*8Q7^3&-VMI:-#0T`,CN-#9BQ`CAN*P51_17 M/']!D=XA>OKIIU%75X<1(T9@V[9M6+5JE5"\3#J-3#K-/*?%8AW:A$2TZ+H. MTS#RCO/NGRA2J_4OOO@"PX8-P\":[E/C^;?-PW3_-R3M^LBF%:_YN@&^[4L5YP047X/;; M;\?--]^,@0,'XOWWWQ>NUA/)9/NV@X32Q.-Q@-',"GK_I+`Q$QJ;4MASX`"@:4`L!BT6 M!V():(DXM'@"B+?.\L3B@*;A9,9`MW@,,`V8N@[H&9BM?]`S,`T=,`S`-#&H M?W]T]SH^Z^9_D)LP:]]_9P483T!+)*$ENT`K:_U+=H&6 M2`*)9*[S99IF5HCI-,QT,\R64S!;FK.?TRVM(C5P>I\^WL5),%%6G/9:/>`($5<6(5*T'PHFC&9R&]XY`YT/HI&G`6'WAX7.21.0EE(G*(HL\5NYX'$ M22@+B9-0%F6'D@#O'631B18ANSX7:WE=RRCR.DU6G+:TG&RZI>GE."\]I[2" M=BF5%:>?"PMUHJ5`O77-]J^7.&&?]R,RF;E$U7K)4'I#7\J6G/EXJ:C<7AR\=T+;/[M=(Y!_G=9C3G-J3O9YMMW\XN5S.$,;"HO3O59``?.9VIRBE%Z3 M3GF4+3G#>KR49UL6,OTN-CK-JJ3(H>G+@D/BY&$?YZ3BL."0.'G8AY*HY"PX M)$X>M)XS;>)>8'=8B(DH7$R8,Z1)%#XA2%AI(*#HF34);BZ1"%;-LS@K4\S1"U0QTB MHF0A<1+*HFRU+EP_>AW0%@WO=Q#>R>\H-QF5E4\2=U50ON34+%?(O%:O&5!@ M<;3YKX&O]_8P[`#B8^X.(06,=/##\F"GDUV9*PN5+3FUUO_:/KV*[Z7 MS&EY]D7\+XA`/<1WNH;\.')\4;[D5`;J@A<<$J"M(< M\6&B4..CQ50!*-SF]+=Q1L0+<5Q%)GF3#"$*)5`:A)>%O1M*U7K!(7$2RJ)N MM:ZU%UZACUT+#2[[+"JU_$(74.`E7P'PZWO0,5#IXCQ\^#"6+%F"ZNIJ?/#! M!Q@R9`CFS9OGR4:QWE0KQ7P-4?DN79PS9LS`BA4KT+]_?YBFB9T[=\I.,AQH M4X7(D2K.AH8&?/#!!WC]]=?1V-B(8\>.8?;LV3*3E`=IM>!([1#MW[\?GWWV M&08/'HS9LV?CW'//Q;1ITX3BZNDT]\_0]=R0C=\_5WSNE134KV+\,W2=>Z^" M(+7D[-FS)P!@].C1`(!++KD$M]YZJU#<*R\\BWMNQNQ[,//.^<$==(*J=6'6 M+%V$U4L>#=VN5'$.&C0(YYQS#O;LV8/SSS\?^_?OQWGGG2<4]]<[/D4WSGO+ MV]Z!+A5ZP$V8&W]T-Z;?/C?O^,FFE&,AXX94<282"?SB%[_`(X\\@B%#AN"C MCS["FC5KQ.(FDT@DD^UUL,AX!N_E&2*;"X2%6[O!Z:485AM.+[-P.N9GW28K M72=_;?'BB3B`>)YOB4S2@R/Y2.^MCQ@Q`L\__[SG>-9QSNP!D4@"Q[5HM_''[[N%XT'RF&2(>U.:,'&5GB+(4JT!$_9;=QHC:?K"TE15G_GKR M,&T+4)#-8V7_^**U3]4Z4;*0.`EE4;9:!]!A55+>N;;CO&$BI^$9+XG[P=9C MS1NML1VPALFYS]LWD_5>5VM0+3]?PGW8:>"M2_0F_/ MR;8K]C:GH"\R_2XVJ+=.E"PD3D)9U*W60;WU8J>3]-:M*VE%5QW;IU("9I7G MZ!HZIBNZM(PWM>4T9>1WI;$(HJN-[=<;W!]E2T[G"Q6>(.=\]Y%IPF/R+"&% M(5#1^%$*U.VX-Y05IZ>RCK?8P^V/'M-IBK2GPX M+(*(;XPH05!6G+YJXJ`%DY4`>R4YIN&V("5H(2NSP>NU<*:A)*)44;?D1,>: M1`3AM[@()RU;J?YGVH-\OG=C0\O/YH MW,*K)$Q`CC]4K8NBFAHZ`9B`\>V[7 MZB=]I[QT>B*&];ETJW6'WKK?SJHF$HB':+7>ZK>?#JU31]ZMD^_EG&CZ3M^% M1J"IMRX)6EH4.Q1>)Y:_T_[!:8W1K_VL/("]GV M12B":CTB"EJM$RP4+CGE5;Y"=GT.)#2@F@N8#E9R$LI`X1:'BL.`H6ZT# M$5?KW#:G<^.3JO7P4%>7%/@H0M4R*#/6^'@=V<3:-`E ML(/"][38O#=;K/>SG6"LD6=?@]IRFE_->CO-6=3H]3.(? M9<69[5CX*6MXHM:81\.&[[>7%4ENU^#VP_5RWLMQGI_L\T$7B"C?YHP,>DPC MXD4^SNEWVVWQH"6/ MTN.<&S=NQ%EGG86++KK(>V1-\I]K^OY[Z_1G^0N`-''NWKT;6[=NQ7,L]]T]SY^.V>??Y]LW7#YJJ=2XK'E^(IQ<_ M$KI=S?13K'EDS9HU>.NMM[!Z]6K'<*E4"MV[=P<`;/OD(+I55###Q6(QQ.-Q MW_[\S^$C>'GK.]!B,2">@)9(0DMV@5;6^I?L`BV1!!+);!@`IF$"1@9F.@TS MW0RSY13,EN;LYW0+H&=@&@:NO6PTSJSNX]NW8D37=1B&D7?\9"J%4:V%3&-C M(RHX]Y.']-[ZZZ^_CDV;-F''CAU8N7*E<+QD,HDRRY_U>R(>CZH9)$34S;Q" M_R7B\;S[U7;/@B"]MW[%%5?@BBNN"&RGLU65Q8:,^Z/L#%%1-]Z*U>^P"9@/ MRHJS79L:O.W0SSK6\7AT'2*OUR+BD.)LUVW%[.%9< MGDW1Y(-DK5-&ED!!#V9)39I/3EUUZ3,,S MI5NM*Z=.#[9)G5D"Y@-5ZX2R*%MR1EYP^IPXHX*SG:#Y0"4G#UIL'#DD3D)9 M.F6U+D2`]3!4YF:AWKI?V[*(_%>E$*4_?2G'MBQ(F^U0AZA0D.(*CK(E9SAE M$&^..8JRT^O;*^WGW38V\&/7[95=(ALZ@!$F')059SC5(]M"--.7?GXDK$4B M01:^N-GRFKZS+[2I@BQ\O^I%U+[+=]%X0<-YI8#-&V5+SLA[1'Z?OO3B=ZD+ ME'KK_FR[!_*7.O76VZ'>NBSD/Y1*N-`I2TXQ!_RW.:GDS$(EIRQHQX_(4;;D MC+[H#$"Q^ATVU"'R9]L]D+]JO9A_4V%#U7JAH&J]X)`X"66A:IT'/:81F-)= MSQGZ;?;X-@V6.\(!29Y9@N6#NN+4PGZ,)VO,A-S'@S0!O]U>Q,(Z'NYZ'WDV MK03-9V7;G%%/"^<18H?(:5T/[[B,_%"]?%=6G`2A;+5>S"VW8O4[;&B<4Q;T MW'KDJ"U.+XN\"]%(\TJAGQ`1(>KT/:!NM:ZUYJ,$@0H5BG['.>V]]4XLT)+M MK2M'U(+JA)`X1:&Y]8*C;K4.Q<8Z:5629ZBW3I0LI27.,(LL>VO>;[7NQZ>P MBM^P.V->'G,/`76K=4V#QNWN.W&QRFWWZ3R\4+,-,N5:", M74"T]N-!\UE9<3KC]R?L(;.4>OI2Q4%<@+_**QS_BKI:MV<-JS8,L$@N-#2P M?0.<_7/RV4D.3NFQ_/(:AC>,&W9>*UMRBC:[6!D2BD`#5$E>1&4]%J9`1>(' M"2,B4.JM%PI5:M).A-22<]^^?:BKJ\.P8<-P].A1'#]^',N6+1-[5[KMI]?6 M[!;YWA:-]UV((,^M,_I#K#=T\LRRPO/B^+DVGC].^>FTV2$W[8`_:*GB/'KT M*"9/GHR)$R<"`*Z\\DJL7[\>-]QP@U!\MVK+[W>A/`MYKR2O732_30-11&R( M-)7\I"V*5'$.&S8,PX8-RWTW#`.5E94RDPP/I7KKG9."=8C>??==5%148/SX M\4+AT^DTTNDT\UP\%D/,I6G`JQH+A9?TH_8U*+JNPS",O..\^R=*0<3YQS_^ M$3__^<_QTDLO"<S1G^*Q MA0^';E>Z.-]XXPULVK0)JU:M@F$8>.655S!ITB37>+L/'$)%107S7"Q6@$$& M6@DOS)WWW(O9\^KRCJ=2*9SG4,BX(56/KK&0-L/<\<.M:^NU:\XZ M[G5$7J2[[;==Y"6?':!!^$Y'\317E)V^#&<"+"I4][M0_@5+1UEQ1BY-27/K MG0FJUHF2A<0I"A6'!4?=:EV3-]3HRZ[HZP4E^EULT'/KLJ"Y]<@A<1+*HFZU M#GG-O"B6S'5&J+=.E"PD3A[V-B<5AP5'V6H=L-2L#L\RY-8F:%D]V==2L-8W M%&3=AS5!I^=+[,=LUVR]/E8^Y#TY;LT7RXE7<[_5 M_S#ZD\J*TW4;P=;C'8)I'4[E1=7R/GC`S_O6>0L[119_L!9/,.(QD]#RK]4I M/_.:U_;SC'!V>WDF0AA2HVI=%*K6"PZ)4Q0:]BPXZE;K\%I8<1IEOAT(<^%' M&+Z%?'VAD]^8#5K9*"M._UT7IS@>;J[O%CW/;_LQM\VX6.>]Y`=CDZU0PO+B MLOPKT25S_A!P$R1=Y>:FL.#N4/R+#+ZQG<]JP/3M3D*$D MNR]!:F3182E6./O8&NLSRY[]/&^,SL7M("@KSKR[[%93.N6$:+BP$*G5_=IT MJSE%PCGEAU_[+&@HJ4"HT!+H9)`X"651MEKWVU<7M>T9T<7&?NV7($'S@4I. M'K2YV7`9N M/G@=BQ1)RVG\TAXL=OY$'J&)5.MATY8+[HB?*-LR2GZP_.S5$&(`"\L MX6J M=1ZTJ4+DD#AY4)LSR*AG>>0Y"79`E7W")+KUCQK/'M8?P. M7X@V*'AY'/[$K;)MSO9+]7K!3@+-?O:5A8*1M)Q]%Z%U&#?T*U#;YYQ-!X%R MT^79M\;S-FX5]$$-9<4IX8?8T;8LO/@MPP_1RD:6[3#2:47A:ETQJ']4<$B< MA+(H6ZUWAEJ]U`F:#U1R\J#UG)%#XN1!@_"10^(DE(7$R8.J]MPSCGGX////\?CCS^>?55UL5%L M@O-"D&N3F"]2VYQ-34V8-FT:GGCB"=35U:&\O!S+ER^7F2110D@M.;=MVX9^ M_?JA>_?N`(#++KL,]?7UN....USCIE(I:7XU-34AW7P*6BP&Q!/0=!V:;D`S M6O]T`UHZ#222V3``3-,$]`S,3!IFN@5FRRF8+HT^'S]^''W[]I69)%%"2"TY1XX)BN*D]FWTZDGG\0B,6@)1*(E240ZU*&6)?(D;KOM M-J&X55557'%V1C+EW8"R1$=QEB6RXFS]T\J2T!+Q?''&-1@`#-.`89HP8,*$ M"4-#5ISEW9"0D-=!1V6D#R6-&3,&8\:,D9T,48+0]"6A+,K.$!7C1$LQ$]43 M(TXH*TZF.OV\O<3^V2F<#-RVR/!Z3!;6!]^\Y*WU>Y`WQC`HHFJ]]8E%:*TK MAEP>B^WP@*+#X[@:XUB>3:='>*WG&.DX/Z#8?D"SGM!LQPJDT+P75MJO!\B_ M)LOWMKA.#V=ZH`C$R;KYO/.\,&W'[7L!\@1N/V=?>&Q__[#;Z@>6_TX_"%81 MIC$^L6-[AY6'5I]9[U[FI1:2,J%RM2Y48GB]37XSS"W#17\*<(2D[OE]B^L8& M1\;U!+59%"4G(4XI/99'XB24A<1)*`N)DU`6$B>A+"1.!>BL0T5N*#N4!/B[ M:86:W,WG>%4UNGYS(J!IK<\^Q1!+)++K-UO_$&]=RZEIP,EC0-=* M:(8)3=<1R^@P,QF8:1V&K@,9':9A`*:)>%5UH#SC75O0^Z"L.(/.Y10"D?DB MM["BQ'OU0_G?WQC0BAQDY7GGJ=:]*,FK#;>P7D:Y98RV\Y80R""\J75U2TX` MSA?HMB2.=R\F&.=8/O*6K=G7L6B,<%Z7S#'> MLQEFNTI=<7I9\Q&T'K7_VH/.F[K%\[M^Q&WMB%,8D72\EMIN^1Y0I)VG6B>* M#A(GH2PD3D)92)R$LBC;(9(YVD$4!EK/290L)$Y"64B6HZ6E!5\=/8IWWGD';VQY$_OV M[<-WQEV.L\X^&P"0R6202J7PI__:CM___O?8N.$5`,`UDR9C].C1,`P#4Z=, MP=,K5J!W[]X%NTXG2)R*LOS)9:BJJL+=]]3AV+%C&#[L;['SXUWHTJ5+AW`O M__*7:#QQ`G??4P<`V+%C!P"@LK(23S^S`N.^_6T`P/IUZ]#4U`0`^-GCCV/M M"R_`-$W<.&T:1F_`'3ID\'`%2=5H4C1X[@ M\.'#Z-6[%_[RE[]@QX<[``_NOUV+%N^'`__Y"&TM+3@>U.OPP477"#_(ET@<2K$.�"`RIX]1A`,!CB^OQ_>NOQY8WWL#99P_`I,F3,67R9+RZ:9.4:_0" M5>L*\8.9,['IM=>PZ;77,&G2)+SSSN\!`%]]]14.'SJ$D:-&`0`.'#B`=#H- M`!@W;ASV[MT#(/LZFL\.',"Y@P?G;'[XX8>H/:,6O7KURDOOXX\_QI__O!,3 MK[D&QXX?0^_>O=&M6S>TM+3(OE0A---4Y]W-J50J]\ZBKXZ?Z-1[PK>TM&#N MG+M04U.#??OV8?J-,W#II9<"`*[XSG=P^ZQ9N.J[WT4JE<)==]Z!,\\\$X<. M'<*0(1?@EEMOS=FY:>8/,/_>^S!PX,`.]G5=Q\0)$_#=$G*>PV67[:=\>TXO8DBULXULZ;O-TXG?*0]71( MR3]]R7HBP;YUJU-\WG>1M+W$=TM/]$F*,)]\$`GKYI=HVB$^UY:C*#M$M)2N M$*4:?>2@[0W1,@1FB=#J-;EV[X.2IYL"O9RX4*OF<2J704\49HM_\ MYC=8OWX]A@X=BEV[=N&BBR["S3??+">/LTB>AS\MYUGPB M+XP7W'Q2"&GBG#ES9NZS:9J(Q^-YCQCX@I6IIL!GKW:"V@]ZGC=9;SWO=:K, MZ<<71>GO0B!Q7G7553AX\&#>\?'CQ^.!!Q[(?5^R9`GFSY^/ZNIJ8=OI=#JW M9M%>BL3B,<3C\3-Z+I,WSPRF>TXH2-P$[K13Q\B-K"\-9K:+K M.@S=R$LWG4D+&.832)R;-V]V#?/LL\_"-$W<====KF&M?;,^O?,7Q[9QSSUU MJ)L_O_T`2Z`YHPX).BUW`G(_CE0JA619TEF`?HZS8(G/0U7
GRAPHIC 55 BarChart6.png IDEA: XBRL DOCUMENT begin 644 BarChart6.png MB5!.1PT*&@H````-24A$4@```'<```%;"`8```#O(!%S````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``&[=)1$%4>)SMG7UT%.6]Q[^S MFQ?8D"@O(82:*]BK*`$DX+DE%TN(>`X4BE!3"EK;W`JM<@N$B(J(H!`%FA0J MHK57Q>*-Y-RK]9YP:#UPS^DY6D!B>RPM(B!<)2D%FA=?-F0W+[LSS_TCV75W MWG9F9V;WF2?/)V=/=F>>>9YGYCN_WSSS/,_\1B"$$'"8Q)/N"G"<@XO+,%Q< MAN'B,@P7EV&XN`S#Q648+B[#<'$9AHO+,%Q/X\A0WV``(`@_G\LL:/6\K3R9;';Q/P.]X7PW>GC M\)L_-R,C,S,^7[7MU.JADJ_J.@+T!(-8-N-&Q3X;Q97BQEYCA_A\&#(T9V#% MP$(B^QZWL>RWFC@:Z\.9H8$R<_K%U=I6Z^32*UOKY(LL2J)=X4IQXY"+1S26 MJVT7.5[R@VND+"V+U:N;D71Z^9G$_==<(>8C_QV[+/:_W&W*K4I0^0V-96IU MB2U#+ZU:_?7R-XG[+5>.FE!(L,S`]591ACS/6,R4KW<26!38_98K)]D#8N;` MVGE;K=7@L@'VQ&4!FTX>+JX)!(\'WU^S'H+)GJ)TP=XUUT&\7B]^4+4AW=4P MC#M.04Y2<'$9AHO+,%Q5RM.'B,@P7EV&XN`S#Q648 M+B[#<'$9AHO+,%Q(RC..MY7???1?[]^_'^/'C<>7*%>S6GH%0/BQB==\<%;>UM15Y>7G1W[FYN6AM M;8U+T];6AMS<7-TT>BS]EQNM5Y11'&U0C1DS!IV=G='?G9V=BOA1!04%BC1C MQHQQLEJ#!DO(C/%BB**(RYC5&C!B!FVZZ"8L7+S9< MQK"\:VQK4/FRLY"3E=$O;E8&O-F9\,1^,C,0SLA"ABB!A#V0!`&2)$*41(BB M!$(D2`(@96?94J<,V5V%Z>TMUR`!965E*"LKBUMVQQUWX/CQX]'?2Y8LP9(E M2YRNBJ,8C7:42G@GADW0)BS`Q64:9L=SC70:V=6QI(;9LM7J,N@?!#/ZQ%RR M:+2POI[MY6@PFWK.W@U,*WRF/R)8J?:ZX6)/K-:%YZL0:M MU8\;@R<"/94(P[W6ZY>Q-,4QBA0 MW.>:>;1?_MLFH1FP7(X6KK=<&L;J@<0!V9-AT-\*<;3AXC(,%]=&:.M?YN(R M#&]0R?*R8UN[ZL0;5)3@Y"!$LG!Q;8(V80$NKFW0UI@"&+CF4G/118S`L772 M&L>`SC*;ZN-Z<6GIH0+B^Y?CQ@74ONLM2[S*$-PM,PP7EV&XN`S#Q648WJ!R M"-Y#Q1`TGF!<7)O@G1A.8,0OIZCC5W,.5;+P.50&2(&P\G-,L#Q-UFH.#%BN M8,MAB.1E#7GOE/5Z#?IYRW3`A_P8AC9A`0;$I>6@6FTM.[$?KK_F`G0(+'_B M()DZ\4^E"_F!H!%OJQ#LQTDOL#!J[K9=?\>_=N7+ER!800%!458=6J M58HTSF))J0[$&7,,7'_]*<_ MXJ()Z2KKJ1W//7CP(&Z__?;H[V]^\YLX<."`0MQ(VO;V=OC]?LR?/Q^EI:5. M56M084G7ATN7+BG2YN?G8\N6+2@N M+D8P&,34J5/1V-B(B1.-!9$.A\((A\*JZ\P&T[:"(E21";O3"J:MM5]&L23N M[W[W.\UU3S[Y9%QX>[_?KQK>WN?SH;BX./I]VK1I>.>==PR+.V]2D>:Z^ZLW M8,5#CQO*QRI6HMGLV_TSO/J+[796!X"#;GGAPH58NW9M]/?1HT?QXHLO`NA_ MCX$HBA@^?#CJZ^M14E*"29,F`0#.GS^/'__XQX;+.7SJHF94?OAA$$)PWWWW8>K4J0#Z6]&= MG9VHJZM#45$1:FIJ4%)2@HL7+Z*BH@)SYLPQO@.9F9;#Q:<;K]<+J%P^J`Z# MOV;-&M7EFS9MBGZ?/7LV9L^>G7PA`ZUE(A^>D?^/K(M-IA;WTTX&RA:$@>PU MAY"4=11D]4T&)KH?`=GMD,$8BJK;&"TP43)9V0JQ#-S3\NY'BN#=CXQ"XP`& M$VZ9AI`8L8/U/`X5(UB=\>@D7%R+T"9H+.YWRRF>(*=7E-T3Y*SFP2W71FBS M8BXNP[C?+8,>B[&[<<5;RP"TNW[4I-<;-;?ZP+2=Y5H_;5UON>H'*-&!330M MPBY2=V*IX7IQ5<]OYGL6W8BI@8SENN@=TNZ#E:WY;="E,#=L@/$WDCH MO8G6Z5!"\N=S$UT2].JCF-B>)*X7-S*':N"K7C)#>5FL2K_`,$R=.C$9LE2-)$C9MVH2LK"RTM[>C MO+P<%1453E;+$6CLQ'!,7%$4\?'''Z.\O!RMK:V:Z=YZZRVTM+3@]==?ARB* MF#!A`F;.G*D:FUD-6MSRH.I^]'J]J*RLA)#@;CXV7+[7Z\6T:=-PZ-`AIZKE M*+19KR-A\!ZA,;">*(B35,/CJ^V44Q\+@&Z6@H`!^OS_Z6RMZGCSR.58\^ M8:E^1K%BM2_NW(X7ZK;95I<(CK>6"5'N=FP8_(4+%Z*QL1$K5ZY$.!S&B1,G M\/SSSQO.O^G_+L.7HQX&W^/QI.^";*+O3ARY`@"@0!V[]Z-JJHJ`/%A\"LJ*G#BQ`ELWKP9'1T=J*VM14%!@>$R MLC*SD*4:+EYK5I/\22*]M-I;)RI-4"S5+B,C+@S^5^G"%L/@"T3-M"@G$`A@ MV+!A`(`_MW1H6JY9+2XNZBFL;!>IRM\PPKK=<2L8-%/E08+C<5TO7B*@^C?=%@S-8CCVE+M.O))ZQ3NEF5Y64'M=6]6\N3CN;;(:T_G?7S_KAWEY;(G M(X3X=8E"*R:"'+JW48Y(=.KY%#0Q>FVL`''\^%,8$3 MI;5:%F"];]GND2W76RXMT&#]3G*R\MQ[[WWFBY'T/AHK8?. M_V11S,30J5.B>MCE!=(>!E\0!&S8L`&5E95.525E*"POS3@F;B0,_I8M6Q*F M/7CP(-K;V^'W^S%__GR4EI8Z5:TX[!3#3E'MJE?:P^#GY^=CRY8M*"XN1C`8 MQ-2I4]'8V(B)$R<:VMZJ"Y-W*]B%'6X^K;="=H3!]_E\*"XNCGZ?-FT:WGGG M'2%]CU8?`OM'UA.CR\%E+#5N#" M2=TP^"3+!R'4K1H&7^KM`PF%@?%3X+EWL^7Z!`(!C!\]'$!R8?#=WXE!S7!] M['67CN%ZUXM+4[R\-7RV-_1M(AOS3KEUF/K%?T?LTY>)[7ZI77(CPIBCHP1@>,VE0GO5+UB M_VN-8ZB6SV^%Z($V]\W%M1':&EZN=\O*:R8=T]1HN!5RO;A?R1L[\UCML*@] MB*65-CGB3RDA9JF@FD)9'T-78L,P(&Z$1`?"W@.G58+29\C;QGI;VXOKQ56] ME9%W%:E-\=?(RXI#5PPL=:.J93"I;/4D*M?,^B3@K64; MH:VUS,6U"=J$!1APR[2,"O%7SS"(_3=4]L'%M8A68Y<&N+BPSX4FFMJ:ZD:[ M^Z^YB>X'U8ZZW)<2FP4>:`@(@,*DA9B$BGOA"`/+>!A\P'KGE%ZOI4$TW;)6 MGGIEVF36W"W;"&W77==;KI'KF-%@)E8-)K9WD]\*V42B@YF*Q@L=`XWQ,"$N M+=!VK\O%91@&Q4VFZ6O]*JD_CBLO0UZ>,YVH##2H^O_D2^/_RU8Y<'%4W$Y' M;F@59>DU`>43A@;[3(QD3GH'+HZF[W.-P,=S.5IP<1G&]6Z9EO%<.;P3@^,H M7%R&X>(R#!>787B#*HGRM);3%F3,,7$/'SZ,AH8&3)DR!6?/GL5MM]V&!QYX M0)%.DB1LVK0)65E9:&]O1WEY.2HJ*HP71$ES6;,C2N]=48F@=2;&W__^=VS9 ML@7CQHU#*!1"?GX^%BQ8@.NNNRXNW5MOO866EA:\_OKK$$41$R9,P,R9,S%F MS!BGJN8(`@!EQ&2DXA$E31R[YBY?OASCQHT#T!]SV>OU(CL[6Y'NX,&#N/WV MVP'TA\Z?-FT:#ATZY%2U'(.VL5P@16'PGWWV63S^^./(S\]7I&UK:T->7E[T M=UY>GNX++SC&<3P,_LLOOPQ""-:M6Z>ZOJ"@`'Z_/_K;[_>;.`0#" MX3!.G#B!>?/F&2ZC,'\D\GQ#5#_;GWG:_IUR@.W//*U:_\+\D9;R=2Q2^IX] M>[!UZU9,FC0)`/#YYY^CIJ8&=]UU%VIJ:J)A\`DA>.*))^#U>M'1T8$[[[P3 M=]]]MV[>L9'2K[1_IAL&WXSE!EY["N%/_ZH;*1U9/D`C4CKI[8,4"B/CAEN1 M4_F4X7*U+#<0"$0%3B92NNO#X'=\V6E;&/QTB:M9GT``HZ[M;X\D(R[OH;() M"FZU%7!Q;8)&]\>['VUB4'4_IA2]HZ#5W6?UG:H:64;K8Z3+46\Y--:9P/UN M68C]HC*S4(#&`:;:YW)Q&8:+RS!<7(9Q?8/*3G(6K0()]2#2 MP2!X!CH:/`*$@9<&DG`?A(PL@!!X"4"(!$BD__7M$@%`(&0.2?>N`.#BQN&Y M5CD-2$X:Y[N9QO7BVCUP((]O3;-XB>#77!GV=@!:@]_G`OH]`'J/".AM;R?) MYD_KI/248:1K-G9:HGQ;>3Y&A@_5WIE@-.!R"MV!^\4%C!TP.]*H>8-$'L), M^3;#AEOFJ,+%91@N+L-P<1G&]0TJ6F8_.@&_S^5HPL5E&"XNPPQ*<7^Q:R>J MUU9AU\Z?X_OWW(.C1XZHIA-%$;_\Y0OX6N$8O/_^^W'KVMO;L>F)C=B]^UDL MO_]^_+RN%@!P[-@QK'NH&NL>JL9[[[T'H#_NQ](E2_#99Y\YNV-RB`OIZNKJ M'S@%R)>=5TE(E$Q]'M^X,?K]Z'O'R0TWW*":[LBQ]\A?3GY(QHT;1XX=;XI; M-W_^`G*AY6\D)$JD+RR2OYS\D(1$B2Q:M)A\V7F5?.'O)(L6+28A42)U.W>2 M-][\C>EZ?MEY-;J?75U=IH^3ZUO+R;!E:TWTNRB*R(T)VQ#+C!DS5)>WMK;B MY,F_XO"A0^@*=*'3[\>:JK4`@&N'7XN.C@Y(DH01(T?@W+ES^/#DAUB[MMK^ M'4G`H!0W@B1)>.[99['[N3VFMFMI:<&E2Y=PXXTW8E99&1KV[\>/*BOQ/XV- MV%KS-'[UXB_A\7BP^R3#`:_I M.,FXY?]XZ64R=^X\,G?N/!+H[B$]?2'R[S_]*3ET^'\3;BMWRZ=.GR&"()!@ M3R\)B1(Y_\FG)#^KY-5?[R.=70'RK6_-3YE;'C0- MJON7+\=OWWX;OWW[;4B2A)4//H#[?O!#S+GS3AQH;$1/3P^`_OA9(95`(R0F M`,'7O_YUC!\_'I]\\@D`X&\M+;AIPH2X]&?.G,&I4Q_A[HH*^#O]&#ER)(8. M'8J^OCX']S*>0>F6?WC??3AUZD-\^NFG`(#F"Q=0?L<=&#)D"%;S8R,C)0O[\!.[9OQRVWW(S3I\]@ M[ZN_CN8OBB(>>_11O+IO'P!@Z=)E>.K)S?CC']_'\A4K4K:?KH^)\67G5=MB M8M!&(!#`M7FY`'A,#(X,U[MEM:=>Y3-FS,R>T7JR-_)=KRR=MZ5JYJN7OU5< M+RZ0>-9+,K-G]/+6VL[,DWIZ];3K98_<+5.(79;+Q648+B[#<'$9AHO+,&E_ MQT%S0BQ3??OVFOA#9M'DSZ>T+I:0\O\6! M@Y1T/_;U]:&PL!!GSYY5A,)O:6G!NG7K,&/&#/C]?LR?/Q^EI:6Z^<5V/_I3 MV/T8"H4P=$@VNGMZD9F9Z7AY@4``UUCH?K0DKM%W'-36UL+K]:J&P@\&@[AP MX0**BXL1#`8Q=>I4-#8VZHYYQL5;_NQS]9T6`(]@+IAV(@R)J_906`+T@FF/ M&CD"0'+B.CZ>^])++Y$=.W883K]TZ5+RP@LOZ*:)=QUO*>/7M05U>'29,F8?_^_=%W'$R9,@6[=^^.ON.@J*@( M-34U*"DIP<6+%U%14:$KK)S,S$QU%ZEUP!,)H=;KKY+W>^)-P M(`^KUW57CN=V=74A-[>_H7'Y'_]`CB_'W,'5"IR:X(0(A4(8-7($.C[[')E9 MFJE1HT;!XS%GBZX4EV,, M[I89AHO+,%QKJZK!X\6+\_O>_3W4U$^+*'JI4(8HB/O[X8Y27ERM>M=[;VXL]>_8@.SL; MDR=/QJ.//HH//O@@3355AUNN"DN7+@70WZ%?65FIVDGRR"./(#L[&P!P_OQY M3)X\.:5U-`*W7!4>?/!!0^G:V]NQ??MV?/#!!WCMM=<1HA&-(!=\L&4.NAK:NKBWX?.W8LNKN[4Q^M)@&\;SD! M>_?N14-#`P*!`.ZYYQY4554!`*JJJI"1D8'1HT?CS)DSN/766U%=G?J@)GIP M<1F&NV6&X>(R#!>78;BX#,/%91@N+L-P<1F&B\LP7%R&X>(R#!>78;BX#,/% B91@N+L-P<1F&B\LP_P^."R&09P7#E0````!)14Y$KD)@@@`` ` end XML 56 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 57 R7.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares Emerging Markets Corporate Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EMERGING MARKETS CORPORATE BOND ETF
Ticker: CEMB                    Stock Exchange: BATS
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Emerging Markets Corporate Bond ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. dollar-denominated, emerging market corporate bonds.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 20% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 20.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The expense information in the table has been restated as of March 2, 2015 to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the Morningstar® Emerging Markets Corporate Bond IndexSM (the “Underlying Index”), which tracks the performance of the U.S. dollar-denominated emerging market corporate bond market. All bonds included in the Underlying Index are selected according to a set of rule-based inclusion criteria regarding issue size, bond type, maturity, and liquidity. The securities included in the Underlying Index are rebalanced on the first business day of each month. Eligible countries included in the Underlying Index are rebalanced annually at the end of September.

The Underlying Index includes bonds issued by corporations and quasi-sovereign corporations (more than 50% government ownership) based in Latin American, Eastern European, Middle Eastern/African, and Asian (excluding Japan) countries that meet certain criteria to be classified as emerging market countries by Morningstar, Inc.’s (”Morningstar”) proprietary index methodology. Eligible individual securities must have a minimum outstanding face value of $500 million or more, and eligible issuers must have aggregate outstanding debt of $1 billion or more to be included in the Underlying Index. All securities included in the Underlying Index must be U.S. dollar-denominated fixed rate bonds with a remaining maturity of 13 months or more at the time of rebalancing and a minimum of 36 months to maturity or greater at time of issuance. There are no ratings restrictions on either the individual bonds or the country of risk, but all bonds in the Underlying Index must have at least one credit rating from either Moody’s Investors Service, Inc. (“Moody’s”), Standard & Poor's Ratings Services or Fitch Ratings, Inc. (“Fitch”).

The Underlying Index is market capitalization-weighted with a 5% capping of issuers and a pro rata distribution of any excess weight across the remaining issuers in the Underlying Index. As of September 30, 2014, the Underlying Index included issuers located in Brazil, Chile, China, Colombia, Hong Kong, India, Indonesia, Israel, Jamaica, Kazakhstan, Kuwait, Malaysia, Mexico, Peru, the Philippines, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Thailand, Trinidad and Tobago, Turkey, the Ukraine, the United Arab Emirates and Venezuela. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include financials, industrials and utilities companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by Morningstar (the “Index Provider”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund may “call” or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s investments.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements, recent or future regulation on any individual financial company, or regulation on the financials sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” including those bonds rated lower than “BBB-” by Standard & Poor's Ratings Services and Fitch, or “Baa3” by Moody's), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity.

Income Risk. The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.

Interest Rate Risk. An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Liquidity Risk. Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to Asian Economic Risk and Central and South American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privately-Issued Securities Risk. The Fund may invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the “1933 Act”). Privately-issued securities are securities that have not been registered under the 1933 Act and as a result are subject to legal restrictions on resale. Privately-issued securities are not traded on established markets and may be illiquid, difficult to value and subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.

Quasi-Sovereign Obligations Risk. The Fund may invest in securities issued by or guaranteed by companies owned or controlled by non-U.S. sovereign governments, which may be unable or unwilling to repay principal or interest when due. In times of economic uncertainty, the prices of these securities may be more volatile than those of other corporate debt obligations or of other government debt obligations.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Eastern European Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund’s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Utilities Sector Risk. The utilities sector is subject to significant government regulation and oversight. Deregulation, however, may subject utility companies to greater competition and may reduce their profitability. Companies in the utilities sector may be adversely affected due to increases in fuel and operating costs, rising costs of financing capital construction and the cost of complying with regulations, among other factors.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”).
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 3.94% in the 2nd quarter of 2014; the worst was -5.00% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2014)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Emerging Markets Corporate Bond ETF | iShares Emerging Markets Corporate Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees [1] rr_ManagementFeesOverAssets 0.50%
Distribution and Service (12b-1) Fees [1] rr_DistributionAndService12b1FeesOverAssets none
Other Expenses [1] rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses [1] rr_ExpensesOverAssets 0.50%
1 Year rr_ExpenseExampleYear01 $ 51
3 Years rr_ExpenseExampleYear03 160
5 Years rr_ExpenseExampleYear05 280
10 Years rr_ExpenseExampleYear10 $ 628
2013 rr_AnnualReturn2013 (3.16%)
2014 rr_AnnualReturn2014 2.62%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2014
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 3.94%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (5.00%)
One Year rr_AverageAnnualReturnYear01 2.62%
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.99%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 17, 2012
iShares Emerging Markets Corporate Bond ETF | Return After Taxes on Distributions | iShares Emerging Markets Corporate Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 0.81%
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 1.36%
iShares Emerging Markets Corporate Bond ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Emerging Markets Corporate Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 1.50%
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 1.60%
iShares Emerging Markets Corporate Bond ETF | Morningstar ® Emerging Markets Corporate Bond Index℠ (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 3.47%
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.62%
[1] The expense information in the table has been restated as of March 2, 2015 to reflect current fees.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 58 BarChart20.png IDEA: XBRL DOCUMENT begin 644 BarChart20.png MB5!.1PT*&@H````-24A$4@```.@```%;"`8```#?@,(7````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``(`!)1$%4>)SMG7E\%$7:QW\] MDTE"$@(J$`Z5:U5NA5597@^6E5T4Q*"XNGBA1($HB*R`'!+"#4&015QU%4]D M\6"755GU?5E7Q0/655200UR5Y3)<$F1"DLE,OW\D&69ZJKJKK^GNF>?+)\Q, M==533SU=3U=U5767),NR#((@7(G/:04(@N!##DH0+H8M`O9C7(`92]71F)80S@4QUAA ML3)B/\'Y'O-9&PKA^E[M\.IGWR,C$&`7@B>3I[/:<9[\!B1%6.QOI1WJ?\>5 M(2/@*ON*4%L3PO4_;X=7/ZT_!RZQ;]7)2ORN]SD`XNNQ*)YPT-A[SNR<'&3G MY"9&XIUL%EHGAF5XQ(0ITM?6A.IURXVOW+'Q6)6"5U&4C]"+E$-+!JL\O#*P M+C(.VI=;SM@+3$:,_IF!^.-.VC11+5+S:]5^W+BN<6^QK$>PX:>U62%.%*0[+2\F3& M5DR`7<'T7(F5<7FMA1*M+K"H'&5P-:=QL7YD3EY6W&^QK$N\Y:`-J MQN5]CTW#^U2F43OQO(K,2\<+9^FEU4W4DB^B4VPXJZ5TBWU%CS6$JY7%"?N: MP+NCN'H+KV=`(-F(7OU%,=(5-)L_V==X/!6\ZZ!Z<6OEL0/1LEII$[*O\7@J MI(^#VHCD\^'F>Q^`I'.5B)OP>AF\KC\/R0OOQ0T&@\C+RP,`K-VRCSW-0A`N MI*HRB"'=VP``3IPX@=Q>1.>>%^&['5^A8]<>N/:.NYGI__G:JSBX?P]J0S7X M_./W,>/Q%Y&7WQ1;/_D(:Y][`N=U[X4=7_P;U]QZ%\[O0V MSL>YW7OBD@&#`0`/3QF+WXX=Q+4]SL2`W]Z*G+S&<6EW?/YO?+GI`XR;NQ0` M](FYTS!\_#1T`=L==,.@Z="@^^NBC:)@D29@R90J&#Q]N=_8I3[]KKL<7 M&S?$A5W8MW_T^_[=WZ*@S=G,@;7_6[,*.7F-\9>G'\6)BF/HW/-BG-6A;F'W M&04M\>/A@P"`'P\?Q'GG_QP`T+CI:3C^XQ%450:1F9V-XS\>Q3M_?0G3'UMI M5Q'3&ML==-BP87CWW7<3PE]__74<.G0(%145&#AP(/KTZ:-;=NS*+]X*-+75 M=\IPUNHSD;Q9NK!6BO'D\O+42A<;AQ7^YS\NQK_^^;\8.WL)\T'A@_OV(%13 MC9%39J.VMA;W#+X<3<]HCG.Z7X`[)\_&PY/'8O>N'=CZR4<8-6T>)`!#;B_& MFJ<>P68SB MR#UH\^;-,7/F3'3MVA65E96XX((+L';M6G3ITD4S;3@40C@48AZ3?#[X_7YN M6M'56T;GH8TL#35[+/:X,MZPN^_']7>.Q;W7_0KWE"Y*<)S<_"9H>69;`$!& M1@;.Z7X!MG[R(3ITZHI)-UV-Q:O?1.NV[?'MCJV8.&P07O[WM\AKG(_AXZT.Z\+CA[\`=55E;AUW!1,OK40"U>^IJJ?5^W+"Y<`A,-AR)%(0AQ> M717%$0?-RJ%=]]]5\A!A_9JQSUVR[T/X-9Q4ZQ2T[.\L>II M7%%X`QKEYB&0F8EF!:VQ[_O_H-N%?7#L\"%DY^8BNU$.>EWZ2WSZ_CO1=`?W M[<%E5Q6BIKH*%4QPX?PCM_>PFE3_P9'Z__._)/ M.Z/N<:HT?1W-JN5E6+ELH>5RD[)0X=UWWT5Q<3&V;]\.`'CAA1?0LV=/=.O6 M#0#P\Y__'&5E9;CBBBN8Z6,7*JSY['ON0@6M%C05^>S#=_'>&VNP\1]O8/TZ;/G71SBKX[DX=N00JH)!W#VC#(',3"R9/`8_ZWH^KKGU+H3# M83RUL`39V8T0"H60F96%V^Z;"@!XZ^7G\>6F#]#VG,[8O6L[^OQZ$"Z[LC": M[\+?C\1-8R;BK`[GH*:Z"H_-FHR69[=#5E8VAMP^VBES.`:O!:VJ#$8;%2,+ M%6QWT/7KUV/UZM5X_?77,6[<.(P>/1I??ODE'GOL,?3LV1-[]NQ!FS9M,'7J M5*Z,6`?]&ZTD(CQ$5640A296$GENJ1\Y*.$ES#HHK20B"!=##DH0+H810#>2:JKK/4`WDVA`0J84.?J_#:^K(X0@!TUYS$YS\QXO()*!)[NX=/W61F)\ M,R)#5GF6@_4*6L):J`5->:QH094RJ`5-%N2@*8_9>U"6#&HWDP4Y:,ICO+4[ MY8;4@CH%.2BA`3FCDY"#$ESX75PB67AO%-?LT*':/I&Q<43S<'+3(-YV@H@- MMT.Y^H$CWDYB6MFF@GV-I#>`]QS4+"(&TV-4)QN7I(W=Z.CFDGV-QV=`7=R4 MQ^P@$2U4=2`^JXFA-V0@Q*$B_'<-`L0ORN5V45% MREVJM.19O;!%9.&-,F\U'1J.6=O&L:5IY9/*]A7%;%D\YZ!:.UP9D:5GURVK M.W=&3K;93JLHLDF)9%_S4!>72[*GX>W*RXX!'2MDIHI][<5S+>@I6)TGK=7- M1CHQO*5N6OD9Z=#%IFWXS=JJ5DT')69?>:)U)%WMR]HZFB7?W(7!=@?=NW'$^+F!029$_&M)+,>>;(T>9%],+I)@/B5.?8G10UHLX'8TCQ_S/ M)LWM&R=71:8);'?0#1LV8.C0H?CHHX^B86O6K,'NW;NQ>;CD MDDO0LF5+;8&\BY)H(\*+I^=&R6QZO3=G(OISCYE;+"^KM1XL_=/)OO9T7.*P M_1YTV+!AR,G)B0M[_?77<>FEEP(`_'X_>O7JA;?>>LMN5=(4LS6%YD&=Q)%[ MT(,'#R(_/S_Z.S\_'^7EY4)IPZ$0PJ$0\U@Z[K"MC?$6E#^*2^]:4,+;89M7 M5T5QQ$$+"@I045$1_5U142'6O04PY(*VW&.WC9N,X?=-,:U?:F%%"ZITC+5KUZ*XN!BUM;78O'DSEB]?+I1V[>>[T8BS MPW;#_B*$E9@?B4P';AD["3??,R$A_&1E4+51T<)V!UV_?CU6KUZ-HT>/8MZ\ M>1@]>C2&#AV*S9LWHZ2D!(L<['6HI+#)@O/W8.:7C*F%]&UTK%Q M1=:*:ZW5M.RA1#L,%5,`*Z99/6U?#=R^%M=J)%BR#EQ?AJ+A(A57\>E+`7M6^HIC4U_,MJ'+1@AG;2:S4"?(E?D8JF8OJ)4&*BYR03B./Q$4<=GB0F,QT ML&]LF:2$W^:O)IYK0:7Z?_%ARCAZY"7*%]'!"+HJD8%TL?%/R3#[5C^6C(:W M%26>"Y:,^-^I85]U>=8YJ>=;4$(+N@?U,N2@!!=R0^?QM(/2/)P(9@>):"VN M'JRNCQZ\!Z4.5[+0WOJ!;,]"XGPW@J=;4"(94#_%2+$2R(`=->[2E[`JGMR-6ET M+K0Q:Q]''73(D"%QVQ`N7;H4YY]_OH,:I2)VN!!KX(BP`T<=M&?/GI@Q8X:3 M*A"$JW'40??LV8/Y\^?#Y_,A+R\/HT>/UMXAFS>@*`M\5Z*,IY2GEC?OQHG(?Y322K;UZK\-7#404>-&H6++KH(`#!Q MXD3,F#$#<^;,44T3#H40#K"W%9=\OCH'%UUKI19/R["\XZ+IQ)^-2HROIJND M##+;Q>5Y4IWKJL[SI;!]E83#8VKH'C7)RF<!V\=-QO"QDQ+"3U8& M<66WLPS+=QGO=7$EF'X14SI@11=77;K`8GF"7AI&:&%VJ1]G`I!("N2@*8_9 M)H[UTC!J-I.%][JXH.JA#RL>V.;+I'.A#HWB`HAW6[7E'R+F4EX"6+*UTAM! M`C]OUF6)M73%CD4%>M81IK-]>3+,V=]S+:AZH:UR4E:\9%0BK?1&*Y&=Z%B' M)Y3.B_956\]H#L\YJ"0QUGQJ]>*4<1H$B/3^],2U`K7RL,K!B6MM->$O5Y!X M>O&3)0H1C6L%%MF7FTZ1QNPHKN<<%("QB[;9WE\R&R:UO*SL;0K#$:;5.TUE M^ZJEL[`L*7(/2M@'#0,YB>=:4.4=*&L(0^\N5G;M>F6'7%&9I^*8[3NRTL<\ M;B8H(=7LRTL+6-N8>KX%M6+=Y!"?N@]4+. MX[DN+L"^2O&ZN@WQM5Y4KO82=)9,WG$M1-^F841F[&\K,#J(&4LJVU>D'IK- MVW,.*G'Z$49GIUB#D'H&^?2BS,^*+A%KX-&*1>S\UV[6YR.!^_J96%V4QU/! MOJ)QS2I`75R""XW?.H_W6E#%)PNUE\'%IM4S`FPTKM8R9,C<=`W'U.*( M:F=$'V6^1O3AQS5>'O77;M9UXGAE8.F6>O;5[I2;*Z\''12`H3JG9JB&8V:- MJ8?8O)3Y&M$G(6[TIQ6MG5*&?"J/Z"ANFMF7$\MJ''70]]Y[#R^^^"+:MV^/ M`P<.8/'BQ;1SF>68K32\YT%I&4,R<,Q!*RLK<=MMM^&KK[Y"7EX>)D^>C.7+ MEV/\^/&JZ:P8&4L'8CMT9F2P7[VI;RUN.N/94=R-&S>B9:HJ*Q&JKJK;U-A7"RF<`:DV`H3#D"(12.$(I(Q:2/X, MP)]1O_DQ(,LR$`Y##H>`VA#D4`WDFNJZS]H:R+4A(%*WW7M5925.9F4Y7%)W M8[:^.N:@Y>7ER,_/C_YNW+@QRLO+-=/]JGM[.]4B=/"\TPJD`8Y-L[1LV1+' MCQ^/_CY^_#@*"@J<4H<@7(EC+6COWKUQX,`!_/333VC?_]]#!DR1#/= M_V[^&HUR!_A\D/P^2!D9\&4&X,O,@"\K$U)6 M)GR9`4B!#$@9=7$BODSXPC60PV'(H3`BH1`BU2%$JFH0J0E!KJY!)%0+N38, M1"*HN/(>5/^LMVE=4YFL;S:AR5N/UIV'##]\@0Q(,>?!EY4)*1"`+^"'E.$' M?/5WQ9$(Y'`8D5`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``867H=>O?L@$HE@[!TW M8\[#RW':Z6=87I[T:T&32>HM3'$]U=75F%@R&ZW:G(G_?+T3-U[U*Z:#9F9E MX?X'9P*H<^I9DW^/%]:^B8IC/^*JPNLP8'#=3GDC?EN(UUY]"=?>>!.>>G0I M%C_^#&19QH3B$7BL=Q\\^_AR7'/]C;8XIQ4XYJ#MVK5#^_;M`0"2).&==]X1 M3&FF#66];)@5)R8K6U'3A?5Z,A&EU-;U&CTFBA[[LO.Z;MBMT>_??_L?G-NE M*R.NC/L?G!7]%8Y$D-/:/'(I$(\AHW!B"A29/3\./1(XA$ M(FAZVAGX[IMOL/.KK1AQ]SA-O=AE%#GFT<7R=]QQ!V;,F*$[G;DNKLA";,GT M$PBL7)6-,?NI'&4,M=]JN5E]3!0Q^VI14U.#/RR8A4T??H#2LHP)(,ZWTTQ'D/#8*D'QU&_0V;.";%3BU M@2]S?]"QK$:F)V<"WNB9A`]^J:WZ/<*?_,:A\DK#)ODI>?N&9Z+WAXRM? M059V%B`#QRN.X>K++\8+:]]$V_8=$^2?#%9B^H2Q*+I['#IWZQ%W^(M//\&+ M3_\)52&0RB M^UEUW><3)TX@5^=>I+:UH(,&#<+^_?L3P@L+"U%:6HIY\^;AXHLO1C@8^0`+RFS9%3FX>]N_;@[8=.N+`OKUHUJ(`@4``QWX\BIF3 MQN.^J25HV[XC7GME-:[Y[>\``!_\>?M-+%C^!"*1"-Y\[2^XJO"Z:'[? M[-R!K[=_A5'C[LMWV]0?+?\#Z?WV)+9]_AF%7_QKG][H0LBPC$HF@VP6]\.#02@4PH`!`P``0X<.Q<"!`U%45,2,'^N@F[_[X5075X'N%I0#.2BA%UX+ M6AD,HF?[E@!/XNRSS\:($2.$TF8&`L@,V/R( M4)*@>=#4(W$\?%M(MTA!U6#FCC"8:B+ZQ#N*8=E2QH( M!O3B:MORL!OWN*A[]#"S8-^J;:W:PW*\)ZC$#J%.LZSJ95PBK=# M&BF3U8@\TV':OEQ.I3:VF3T?I^PKF13JN7M0D7;'^',4^K&J<^CDLF!E/FZP MK]7E=8M]]>(Y!TTJ=&M&.(SGNKA)O7.S^6D3(O6A>5`[$6A!R=$(.TE=![7Z M!0'UV+.[&3\_VS#]J+\E6B07+]FW'N]U<24=(V-&C92$$RGQ^NI>JD3DI)IY MI=THKM-XL4X2WH4<5`T:Q24F5ZV;X>=%#E14NTD5"+)R%>EL2+:!`M/U?FKSRF M]EL9;J3'SK.-W?;ER3:X%32HTBDLXC/=:4)51LX;;=U$QK!W'`$#6<=DS,E)]`8EQPPF7%=S6[B,1AR=9"U;Z<,)Y\K72B.CAA7[--J/<<%-;= M!VAV]P2$&7T2G]==8MVG::DCTB45L9E(.2RUKTX=]'9G6<>=L*\9J(MKDF3= MLQ+I"3FH2=QXFVIF@,6-N$W/9-K75@?=N'$C^O;MB^+BXKCP8\>.8>3(D5BP M8`%&C!B!;=NV"=RQ:=.FH7?OWB@J*L*.'3LP;-@P;-Z\V2Y5C&/6N@1A$MM:4+_?C^'# MAS.7.KWQQANXY))+``"=.G7"OGW[L'OW;C'!:I`_IE(.N6[?.4+J"@@)45%2@=>O6`(#CQX^CH*!`*&TH%$(H%&(> MLVJ';:N1X,[!),(Z>#ML\^JJ*+:/XLIR8M4N7;NP:M4J89F[ M]AU";FXN\YC/Y[/,M>QN\:R_#)C!/9IXE0F3I^'WDZ8DA`<,-D0V```1($E$ M052#09S3IKEAN;8Z:%%1$8J*BA+"FS9MBJ>>>LJ0S$`@@$`@8%8UPZ3F%CV$ M6?Q^/_/VRFQ=I84*.B'G))*)Y];BZGHOKN%,DI`F&>4@'(?>BTL0*0PY*$&X M&.]U<9'$^T`;AW+=-8I+V(79\U.W?AT8<_?HXD=8<6G8RFLYZ^WJ34W8R>XX]YZ#: M,X@)PQV<.%IYL!'=9D<,Y5"(%2XK*L_,#;`5LM4V*-+*4V33)F4ZI^QK+D\/ M.J@(7I@,,3T4(BC7#JP>Q]8;KN<"ZT7[GL)S#LIL/WEC\KPX0.)%5D?^5A`M MAY&&0"F(5196,Z_6.&DIFPS[LGK(6GHK&U6EG@[;-[VG693AX!Q3QE'[;D`= MPPFM:@BTRJ)E&Y%")-.^ROAZ&E4]#5RR[&L"&L4E"!=##FJ2=!^O).S%1]2AJ4WFQGPDZ*1.J_=::HVQ`S_;0-ME7 M+8W$*"-+ANI<..)E.&E?F@AJ5$BF=CJH!LW;D3?OGU17%P<%_[L ML\^B3Y\^Z->O'_KUZX>%"Q?:J09!>!;;[D'#X3!V[MR)?OWZH;R\/.Z8)$E8 MO7JU\)Z@\>B=!=.Z8]*::S">N[@TM??8L7(5F?M0F]QAY2/'\>==]Z)L\XZ M2TANW>"*7B>-^4R8VTJ\H](GWQA27"XQ.L3IE)"H7G?1N0^M83"M3Q'TVU=, MGE:XD?F1Y-O7;$TRY:"#!@W"_OW[$\(+"PM16EK*3=>W;U\,'#@0S9LWQY8M M6]"O7S]LW[Y=:"_%4&T(H5KVMN(^GX^Y1V,"6G-5*E:U=+3/R#"R6TBZ=>L,I6O7KEWT>_?NW7'BQ`E\\\TWZ-RY MLV;:,UNI4 MU-;6`@".'#F"JJHJG'GFF4+R]AX\@A^#5M%1W@A!E\K0'F75R[\$C MIN3:NE!AQ8H5V+!A`X+!()8M6X9[[[T7`-"J52L4%Q>C0X<.^.JKK[!RY4HT M;MQ82&9F((!,D]N*:Q%M)6V>4Z'6.'7(\/L!QNU5R&1=M=5!BXJ*4%14E!`^ M=NQ8.[.U#H8'>6V%#.%M:*&"3L@YB61"#JH36DE$)!-R4#5$GD,D"!OQY-,L M=CN)E/!%1QH=\NP=-E5M0&B1*#\R> M8VI!=4+SH$0R(0?5";5Z1#(A!R4(%T,.2A`NAAR4(%P,C>)R\N!AQ]XL1.J2 MGDO]&CY%7X%N-`]]A[AH[LUB9AF:%3;@+8NSR[ZL_*&2IU9:+7VDV#=6QQB= M)65<%C%QXK)ND*O0QVG[FL![+6@4Y7M215`VO[PP_FRGM6O1U3J_:LT*ZY+. MD]]PG"63)4]I`[OL*X&OATXGY39I;K&O<3SHH'JN2FI&YS8/JO*M;UMY>AEQ M#%X82R9/OM%\]=C7:'YZ].#9T6G[ZL.;75P%5CJ-^4Z)]<2_Y+HAC!5/38:^ M<+UQ1"'[ZL-S+2CO!+OMI&MAI**FBI/:(<\*[+*O&5*B!742-U8T(G4@!S4) M+9XG[(0<5"?DD$0R(0=5@][J1S@,.:@:`MY(#DO8"3FH2;S?8^7Z$Y%X9G!B/I"ENQD=C-HW5;':OH"-#OKVVV]CU:I5Z-&C!W;L MV($++[P0HT:-`@`<.W8,DR9-0H<.'?#UUU]CPH0)Z-*EB^4ZZ%DS8F1MDAX] MW-#2VC67Z<0\JANQHXRV.>C>O7LQ<^9,M&O7#J%0",V;-\>@08-PYIEG8MJT M:>C=NS>*BHJP8\<.#!LV#)LW;S:78>RR2"-I;?0@-S@G@/CF3N^R4;OL:\42 M5E:YG(!G7Q/8=@]:5%04W4E;EF7X_7YD964!`-YXXPU<G+T]O5ME% MRNP&^YK`5`LZ:-`@[-^_/R&\L+`0I:6ET=]+ER[%U*E3T;QY7DY\O/S MH\?S\_-17EZ.MFW;:N89"H40J@TQC_E\/OC]?NV^5Y+[6T(7=EXEU?,]]K>9 MLHOJ8J5]M9Q55+8>G2RT;S@<1B022<@B%&+755%,.>BZ=>LTXSSYY).091GW MWW]_-*R@H``5%15HW;HU`.#X\>,H*"@0RK/%&:=SCSU84H*2&:5"/!@? M?O@A.G?NC.W;MZ--FS9"K2<`'#QR%+FYNCEV[=F'5JE7"<@.!``*!@%UJ$X0A_'Y_W>V5`K-UU38''3MV+,:.';,LQ_RN=V\9\#4^+=G% M(CP(.2@#R>^'OUEK?6DXWPG"#-3%)0@70PY*$"Z&')0@7`PY*$&X&')0@G`Q M:>^@#R]9C/'WC<.2Q0_AYF'#\,&&#=%C6[9LP9U%(U"V<`%&CQJ)X\>/,V7\ M]2]_P:TWWXQ%90MQW9`AV+)E2_386V^^B9_WZHE%90OCTLR:68K%#RW"W<6C M45U=#0#8NG4KQMQSMPVE)+Q*VD^S'#MV#`\O_0,`8-.F3;CMEINQ<]!"UM;6XX(*>?70YWG[K+0P<-`@SID_'L\\_ MGY1R$]X@[5O0F;-F1[^'PV$TKG].];OOOL.A0X?0L6-'`,"EEUV&UU][C2FC M5>O6.%A>#@`X>+`<%UU\$0"@18L6N'KPX(3XV=G9"`:#`(`CAP_C]--/Q\(% M\S%RU"@T;MS8NL(1GB?M6]`&(I$(EBU=BC\L>P0`_Z%R%H\L?Q0/3IN*BRZZ M")LV;<*?GE1_$*!1HT:X:^1(S)D]"TU/.PV-\_.Q;]\^%`ZY%B73'T1V=C8F M3GJ`GMHAO.N@RM4ZO$VBE7$`X)D5*[!FS1H`P%_6KH7?[\?]X^_#72-'XM+Z M5[&T+"B(WG-*`'Z*>:AS<,JEUHYU>#EKU;&9-C7#)[KXO*> M9N&]F8*5=D11$=;]_>]8]_>_0XY$^_C\+"PJC<[[[[#A*`'X\>A2S+:-*D"0"@9:M6J*FIB_0G9V-E:^N`KSY\U#QY]UQ']W[\:BAQ8#`';MVH4K!_P& MW_SG6W3IT@7WC!F#XM&CT+Y#!WSQ^1=Q7=PE2Q9CZ]8M*"\O1\N"EKAM^/#H ML=V^L%UH+;"_)M*\DR[+R@N`Z@L$@ M\O+R```5QW_BOO*$(-Q&,!A$D_RZ@;\3)T[HKKN>Z^(21#I!#DH0+H8!K?J3Z.XL>B9T3:2SDFT]D,Q*]?*N&3?1+D&\9Z#JA4X=CV67H-;=6+L MDF.TGZ.EC]JN96IQR;YL.4I,]D^]YZ`B^R[*4#>,\IA6?!Z\A9E:<41@Z2-Q MPO7HHY4?V=>M;M7( MOG7895\5/+$6-W8<*UA9]QPE=^5RPS&U<*WC:C#B-.P!&0P&$E1" M*3?VN,3XKLQ;Z[=6G)@\&_9<#58&$<@(N,J^"<<;B,DKJG\PR!XD/"B\?RA!N)7R\G*T:-%"5YK4Z.(21(KBB18T$HG@\.'#`("< MG)RXAY\)PLW(LHS*RDH`0+-FS71O,NT)!R6(=(6ZN`3A8LA!"<+%D(,2A(LA M!R4(%T,.2A`NAAQ4!_WZ]8M^W[AQ(_KV[8OBXN*X..%P&(\^^B@*"@JP:=.F M9*NHB4@9)DR8@"E3IJ"LK`PWW'`#MFW;EFPUN8CHOVS9,HP<.1*+%BW"D"%# M\(]__"/9:EH&.:@!PN$P=N[<&5=9&OCDDT_PRU_^TO7SM6IER,K*POSY\S%I MTB0,'3H48\>.=4!#==3TKZZNQB.//(*)$R=B].C1F#1ID@,:6@,YJ`YNO/%& M`(#?[\?PX<.9#OB+7_P"7;MV3;9JPHB48>[,E155>&99Y[!'__X1QLUTH>H M_H<.'<+\^?/QZ:>?XKGGGK-9*_L@!R685%96HKBX&`\]]!#..><.^]]U!;6XO.PMHGP]'_YY9>Q?OUZ M?/[YYWCZZ:=QXXTW1O>_\1JT6)X@7`QU<0G"Q9"#$H2+(02@!.%B_A^%Z=<%9F_G(`````!)14Y$KD)@@@`` ` end XML 59 R1.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType Other
Document Period End Date dei_DocumentPeriodEndDate Jun. 22, 2015
Registrant Name dei_EntityRegistrantName iSHARES INC
Central Index Key dei_EntityCentralIndexKey 0000930667
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Jun. 22, 2015
Document Effective Date dei_DocumentEffectiveDate Jun. 22, 2015
Prospectus Date rr_ProspectusDate Jun. 22, 2015
GRAPHIC 60 BarChart11.png IDEA: XBRL DOCUMENT begin 644 BarChart11.png MB5!.1PT*&@H````-24A$4@```'0```%;"`8````$%ZIP````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``&6A)1$%4>)SMG7MP5%6>Q[^W M.TDG31(B$((!%UAQ`!5P9B@9U@?B'[NZE(0:&5D;__.ZY[S:TF691D";G#8G0$!782@G"$$Y0PA*&<( M03E#",H90E#.$()RAA"4,X2@G"$$Y0PA*&=DV)T!$D*A$%I;6P$`;K<;DB39 MG"/KD&49[>WM`(`^??K`X3#F((I M=OS3+^X#$'O?I#`A:'2=F>UV(]O=(_9!Q&\#Z@\T^GRU-*+."V3ZN^SVZ!0T M%7;#22715F"OR)7QX\.35?;''U,[)_ZARBKGV6G7($QX:`P2$HM&*.Q3*D:5 MO$/-1OS#3I5=D[`G*!#[B MU6#1*O+LLFL`-CW4*NP:KZ!HETT/32&2PX%?O[0$DL$1&[L0'JJ#T^G$/\^M MMCL;Q+#QM1,0(P3E#"$H9PA!.4,(RAG,"6JTRZ8V:!/_66D`)QWL&H7);HL5 M#YN'W-Q<`,#CCS^.39LVH:JJ2O.ZVUTA M7WC%[/W9)FA+2POR\_,CG_/R\M#2TJ)[W92'[[,R6\QC6Y';KU\_M+6U13ZW MM;5URUA$M+'-0\>,&8/FYF;7EY.';L&"9-FJ1[7?T?SR,[1SGAH/%S]#^Q&Y+3"2DK$\[L+#AR7'#DN.!TN2!E.2%E.`%(D(-!R/X@ M0CX?@NT^A#I\"-WV(>3S0PX&T?3H=-RX[Q%BV\%@$'(HE+#_=D<[GO^[^XG3 MB</'%%W6OR\WOB1QW#RIYR,G.1H^LC"Y! M,^#,RH##E0F'*Q/.[$Q(61FQ@CH#""&$8#"$4"C8^2?+D(,2]:9S8()QX\9AW+AQ=F:!F.B`*.F,&%@@A`4Q`2$H=W#[/E0K^II:N""S M>=*+^D82$:[;+58BO6&MT30K7Y"3VK4J#\P)*M"&R2)7NR`#]`LVJTC&+MW1 M>08]5(I='2O%/PQ)Y5C4*59":E>*VJ"8)_8\5&FIL]%EUTDLE];MA\:WLDC7 MY)O(DQ(,>J@]L-(/9K"C9A1!4CW0MWU5@K@[5K40)?O[*,I%HV#69-^8$U6T4 M&1A/I?E^,B9?)MYE<_/+7 M*#*8EM*V'DKBB]=G:8:>AXHBES/2N9B-AKDB5[5L2V;`P,#YNAZ:)F4N/QYJ M\$%(-OE8\5.KZ1RLU(V=J>REYOK1$[8;S<@5:"$&[$`,+-F%5 MS<>*8'K84H=^_/''J*^OQ\B1(]'0T(#1HT=CUJQ9Q->+>;GJV"+H#S_\@%6K M5F'0H$'P^_TH+"S$A`D3,&#``#NR0X1^HR@]L$70\O+RR+8LRW`ZG7"Y7'9D MA3LL$W3"A`FX/'M4]9^?.G9!E&0L6+"!.]Q]' M_(WJL>GS7D;9_*7$:=G);U_?B-U;-E!/U[:!A4V;-J%7KUY8LF0)SI\_CT`@ M@)$C1^I>]]'9/ZO&*9(AI7.78%KEHH3]'>U>S2^M'K8(NFW;-M36 MUN+!!Q_$_OW[O9I(T(S,3-/!F9*!=H/(Z70""M4#DX&G*BLK45E9 MF=2U=BTGU//0=.FV,#>P8!V)0:U\BGS)F;,F05;T7W.2+;O32 M21[F!#7?/;!NZHEVRJ2S&[7;<%"MV6J`=GI*MBY'67[M"?3G=*4OT0NTO4H2E"U*$" M6V"SR*68%BW$VQ:!)0A!.8.](M?@9"SMQ"BETY46C7R934-X*&<(00D1(T46 M85".0]-%(TW4T(3L'LIQBAP.![7:U2A&6Z@SY[^,W\Q;G+#_MM>+QS2^ MM'K8-K#PYIMOXJNOOH+'XT%141&>>NHIHNLR,C.1:4.<(MHXG4[%ZB'`8IPB M`*BHJ$!%185=Y@W#RELT]H;^D+ZC-NF0+_8$I3G40Y*.D=`(-/(EQG(MAN!% M0#K!G(=:Y:`DK[STTDH#!Q4>&H:51H\>3`MJ9!H*Q8EUAC#ZYB*C*25#OU0 MY@2UI"U#`'$T:[.(H3\ZZ#U'4>1:A%4.JN>!)!Z:!@XJ/)0WNK6'\M@H$AY* MB*A#K<(F%R7YNU=,9RK:^)F?/0E`\41.`0#*RLK@]RM'-HE'OV@S,M&:WD,U-M%:W:[9/-DBZ-&C1U%0 M4(`M6[;`Y_.A1X\>F#-G#MG%K/0?;,(R0;5B%>7FYN+$B1/8NWO;LB1DS M9N#UUU]'55456>*B5:2*98)JQ2IZZZVW,&S8,/3LV1,`\.BCC^+0H4-$@@;\ M?@14BF?2P%-6842+8#"H$GB*K.I1PY96[I-//HFFIJ;(#7WWW7<8.G0HT;4_ M'=P/0_OF*?YMJZ4?R,DJMM6N4[R'GP[N9RI=238:FXT2NW?OQA=??('BXF)< MNG0)6[9L05Y>GN*Y7J\7N;FY`(`O+_T%;HW`4T8\U'GV/Y'U'SL@.9V0LC+A MS,Z"PYT-1XX+SFP7I*P,2!E.`!(0#"+D#R!TVX=@NP^ACML(=?@0\ODA!X.X M\_00M-([4?/0=J\7#W6)ZO%XT$/E7M6PK=LR??IT3)\^W?!UF38%GJ+] MK5<+/&7VWI@;*;)K;0L1/#>*K,*NH3^]*2AITL@50W^\(03EC&Y=Y!I!O`^U M#&LDI9.B_9(R)V@X3A&-]Q4T?X@G/GZ2F73,P&P=2MM'4S&).A4P*VBJ826L M#7M%+M+76^RO086'&O6".VI7PD*]^%]% M42PR*7=$H_.E:1<:LPB[VS3.,'H+]=2.F[&G-XW3J%TK>E"BR-6#E3&_+I@6 M-"5C!"D:B*!EAKDBEV8SG[;ST2C6Q5BN(`;F/%3U:ZS6O"08"22!.!HGB5T+ M8W@P)ZAJL:37O%09B:!5[$;R16A7[;.8L2"(@3D/3>]7W/9/Y+1-T)J:&ER_ M?AU]^O3!^?/GL6O7+M4E^='0E#/=6KDTTK!%T'/GSF'GSIUH;FX&`$R9,@7O MO/,.*BLK[<@.$7HC1>F"+77H77?=A5`H!(_'`P"X<>,&'GKH(3NR0@P+8@(V M!)XJ*2G!RI4K\IT$8RU4 MU3A%*O=&BBV!IXX<.8(#!P[@^/'C`(#Y\^>CNKH:V[=OUTUW2'&AZK%%2U=@ MR?(:XYDE@':1^]KZM:A=MYIBBIW84H=^__WWZ-?OQP!+=]]]-[[]]ENB:R]> MN:H:N\?AL*X&H5WD+JQ>AOE+JA/V>[U>S2^M'K8(6EI:BI,G3Z*ZNAINMQOG MSIU#75T=T;59F9G(HA2GR.@,!YI14#*<3D"A>O"S&*?([79CSYX]=ICF'C%2 MQ!G,C13%S`R('PQ7^>&YA&FX252(R=2A6G9CQO"C\L[DP((II+CN@<*V[D-1 MFR^BFECMQ/F!$THVK3F\2@YB](Q MBGDCLAO]/Z*.HSL6N4J5E=XT>M)C9C%BUTB>#2!:N9PA!"7$WIJ1'.:*7#%% M3!OAH82(D2+.8*7(Y5;0[MD+9;$.E53>5"@LZ9;4CD?M)H4D%J!$:%:3N3I4ZOH7OU=_6SDM4O0;1-'Y2EY4(WE2 M@CE!Q>B\-AP4N:G!KNZ2482@7>B))*MLIQO,%;E6E;@D@P8L3.,4'LH90M`N MC!2YZ8P0M`M6!-/#4D%/GCR)<>/&8?;LV3'[;]RX@9DS9V+#A@TH*RO#^?/G MK/'HZ6E)>;8LF7+,&;,&)27EZ.AH0%3IT[%F3-G MB-*EV2@BPD!@1:X;14ZG$Z6EI8H_+'/DR!$\\L@C`(!APX:AJ:D)ER]?)DM8 M,O"G=TW<*:KV2"&U2YKO)##EH7JQB-1H:6E!?GY^Y'-^?CY:6EHP<.!`79M^ MOQ]^/V&<(@,/QVRW)>%D'=3B%*G=&RFF!-6*1:1%45$1;MZ\B>+B8@!`6UL; MBHJ*B*XM+NRM>FSIBAHLKWDEJ3REFO5KUV#=ZE>IIVOYP((L)WZOGWGF&7S^ M^><8/GPX+ERX@/[]^Q-Y)P!MAQ+JI>@D`L&;-&BQDS&*2HO+T=Y>7G"_H*"`KS]]MM6FJ8.*_U4=LHH`1%"4$+2^959-$)0SA"" M$L)*'=JMWX?2)AV&_I@3%`#9NZ[X<^)C`M+^9JC-#U.RJP1)I!X"V"MR8Y9V MJ1"4[;'HHT90M-7?08*W+U_,#HZTM:B%E_`DL0@G*&$)0S MA*"\"9K3R=)>8\E>UTA#E!4S4X;^58DI6( M.E0%N\3LWOU0TKLG&94SDK9==@E@KLB-E+DRR,O%Z/.,C.4KC>.GPJX)V!,T M#.UO/>E88JKL)@G;1:X@`2$H9PA!.4,(RAG,-8K2>=8?#;IW/U20@!"4,X2@ MG,&UH/7[]V/83^[#[PX>C-E_]NQ9_*:\#)LV;D#%K)EH:VM3O'['CNV87S4/ M&S>LQYS9%6AO;P<`[-^W#[,K9J%N\VLHG38-'[S_?N2:5U>MQ.;7:C%G=@5\ M/A\`X.NOO\:+_S+'HKN,0V8`C\<3'G"3;[3=DOW!D.[?V7/GY?\Z=EP>]\03 M?EE M>45-C>P/AN35:];(;1ZO[`^&Y!^N-,LY.3ERA^^._-?6:_*SSTZ6_<&0O&7K M5OG0X??E#M\=>>+$$OGZC9M$^;[1=BMRKQZ/Q_"SXM9#APT;%HFT$LVE2Y=P M]>I5W'OOO0"`1Q][#/_^X8<)YUUL;,2`>^Z)?!X\^&_QR2>?``!>KEZ*G)P< M`)W!+]QN-QP.![*SL^'U>@$`UUI;T:M7+VS]7M4PI;`4PL7 M+D1U=34V;=J$YYY[+J6!I]0BL,3S\)@QN-C8"(_'`P#XTY_^B%L*1?/&#>OQ MQO8=<#@M@2 M>,KE>/YYO'?H$'YW\"`.U-=C6FFIZ7M5PY;`4V$Q M@4[AHSW&#&7EY3CRT4C,*^?7'QXD4`P/%CQS"QI"1R M_-*E2Y'MG)PS3^[_]!DB0L7#`?8\>.14%!`7KU[HUG)T\&`"Q9O`B_ M?^\]G#Y]&G5UF_&7YF;4OWL0_?OW!P"<.7,&S.KIIP%T?M%6OE*#EI86 MK'IU-0#K`D]9WLI=N7*E7%%1D;#?Z_7*TZ9-D[_\\DO=-*);N5I_X58H"W\K M:FIT[RO8\:,&:BIJ<&H4:,,Q2FZ>NTZVF_[%/^6+5]!,^N6 MLFSY"L5[N'KMNJET)5GIB5-BUZY=J*^OA]?KQ=2I4S%W[EP`P.C1HW'GSAWT M[MT9,:NYN1D-#0VJZ7B]7N3FY@(`;K;=BD02"\_>4%IUJ;3B4FTQM=J";[7C M5MKU>+THR._LXG@\'M6H:6I8*B@MU`2U`KNF;X;M>KU>]#0A*+<#"\G"ZO3- M,$)0SA""WM[ MI'5/"OM%KB`&)OJAH5`(K:VM``"WVZTX\8P79%F.E$A]^O0Q_/-?3`@J($<4 MN9PA!.4,(2AG"$$Y0PC*&4)0`./'CX]LJZV8V[IU*V;.G(G:VEI,FC2)RN(J M*V!BI"A5:*V8\_E\V+9M&UPN%T:,&('%BQ?CU*E3-N54'>&A`*9,F0)`>\7< MHD6+X'*Y`'0N:AHQ8D1*\TB*\%``%1451.==O7H5Z]>OQZE3I[!GSQZ+)SMG7EP%->=Q[\] MHY%&$A($(R""!8G$QB@_]8PY8K,8X#3K%+85QV2A)2;"`V5HV194EH),1HYNT? M&@US]/%ZNGMZWM/[4"IZ^GCO=7_G]WMG_T8BA!`(N,%A=P$$YB($Y0PA*&<( M03E#",H90E#.$()RAA"4,X2@G"$$Y0PA*&<(03DCQ>X"T!`(!-#:V@H`R,C( M@"1)-I?(.@@AZ.[N!@",&#$"#H<^FV-"T-;65HP:-#D2-'ZKI& MN%S.8,)",S(R0MN_^]]FN,,^@P!0\L`TQZ+_CSK>=]>''_QC'EY[_SI27"[+ M\[WC[<:/OW,_@,C[IH4)0E\B\XT3]EPNH'[3 M-`]$K<&BYO+LRE<';%JH5=@U7F%BOFQ::`*1'`[\ZS.;(>DH(03E#",H90E#.$()RAA"4,X2@G"$$Y0PA*&<( M03E#",H90E#.&!2#\X,)8:&<(03E#"$H9PA!.4,(RAFVMG+???==O/KJJ\C/ MST=+2PL.'#@`5_A;TG+(+<)1>V.:EGC2L")?5M\^Z^[NQI-//HF#!P^BHJ(" M&1D9>.&%%^)+S(Q^3#QIV)6O"K99Z,6+%S%Z]&@,&3($`#![]FSLW[\?965E MJM?="89\X16C]V>;H!Z/!]G9V:'/65E9\'@\FMGOA[^Y%H*<7@3N]"/3Z0/Q^W'QT.=KO?X0Z;[_?#Q((Q.R_T].- MQ_^Y@#J=:&P3-",C`Z=.G4)961G&CQ^/GIX>//WTTYK7#BO2,3%/*D.YV M(S,U)2AH"IRI*7"DN>!(<\'I=D%*38D4U-F'``+P^P,(!/S]?X2`^"6DN]WH M-:%<*5JM?*WK#9?``(6%A2@L++2S"-2$!T1)9L3``B4LB`D(0;F#V_E0M>AK M2N&"C)9)*^H;342X0?>R$NT-JXVF63E!3INO565@3E"!.DRZ7'5'!F@[-JN( M)U]S1^<9M%`I\NU8*?IA2`K'PDZQ$MI\I;`-$\O$GH7*O>JL][7K.%Z7UNR' M1K>R:-_)-U`F.1BT4'M@I1_*G(6:V=VPHMMB1CI&$!;*&4)0SA""4L+*:GTA M*&<,ZD:1V8A&$4.PTFT1@FK!BI)!A*!:)*M_5X"Y.E2S$J7X^2O+1#(C7X-E M8TY0S4:1CO%4,^Q^^6L4Z4Q+;EL+.?'%]%F2H66APN5R1C*[V7"8<[F*OBV>`0,=YVM::)+X M7'XL5.>#D&RRN8%\Y?(WXSO!G(5*P7]FI:;G3'4KI2^7FJB#<%VN0`TA:!`Q ML&`35M5\K`BF!7-U*"#6Y:K!G(7:!2O]4$L%O7CQ(@H+"[%Z]>J(_>WM[2@M M+45-30U6K%B!^OIZ*XLQJ+#,Y?K]?ER]>A5SYLR)"2A565F)&3-FH*2D!(V- MC5BV;!FN7+E"E:X4]&VFO#!H\L""W$MG:NG)GIZL`PM.IQ/%Q<609.[RS3?? MQ"./],?T>?#!!W'SYDW%R\[.AL?CP?CQXS7S[//YT.?SR1[3&WA*#]H#"_I0"CRE=&^T&!+T MS)DS<5TW:M0H='1T(#>P8OV6N,JDA=G=FI.']^%$ M78W)J2:@VT)([*-8N'`AWGOO/4R:-`D-#0T8,V8,E74"P/]\]'?%2&*2PZ'+ M9>D]5TU4O=V6?UNW&<5K-\;L[^GV8K[*EU8+2P4]?OPXSI\_#Z_7BR-'CN"9 M9YX!`%175Z.\O!P>CP?-S.0LU/@P>[NO,G>"F?^E&*YWX84Y0X[,: MUHTMJ:=,NYK!&,+E4L**RQ6"4L+*F#%S+E=V9)[TMS!)<%OI&B/CL7%=IY0O MB3PGXOB@Z[9`IML2]N#T=%7T3'=I#OUI=*C.9K_&O!G(7&BL:;J,9@3E#9[W#T0*O9JZ(IDY3BR3?J M&EM7SMN"DE=2,M1$$T^^)K[;P6@=FD!8&94/PIR%#ABHVF]SZDG+G)/,;7T; M@5D+3;2'392A#M)NBT`)9ETNH.YF[?CE4+V+YL/_#T_#",P)&G[7:C=/M0+6 M@@E1/2MO97O,HI6;&)*AP4,#NLMG#Y]&E.G3D5C8R,>?OAAK%RY$D!_:+A-FS9APH0):&IJ0GEY M.0H*"JC2M6O%`DU:R;!BP3)!/_OL,^S7GP^7S(R%>>NDE$$*P8<.&T#XCH>%F/3A&\=BJ\BU8 MO;&2*AT`=`KH"8V@0]%?':K!BS_?0W\!)99V6_;OWX_APX=C\^;-J*^O1U]? M'Z9.G6HH--SYJS>1GBD?&L[AL*`&"9L(,-/MEJY_#C]]=E/,_AZO%[,F*G]I MM;!,T*-'CZ*VMA:3)T_&JZ^^BK:V-NS:M0M3ITXU%!K.Y7(AU:30<'IZ?V:O MRTU1"`W7EZRAX=:N78NU:]?*'DO&T'"L-'JT8'I@0<\R%!,7UNE"[\Q/TO9# MK2+Z[3-#HNIX>IIU:%2Y5/-5.6Y44>8$[4=N`4?T_G"4U@B:;:NT^0YLRUUC M#.8$#9]M0<3_4/BL?([YLRUT^.$9BN0Q,)*XTF(2@E@WZVQ2K$;(LZ MS`EJ25N&`NIHUD8QF(9PN4&TGJ-PN19AE8%J62"-A2:!@0H+Y8U!;:$\-HJ$ MA5(BZE"KL,E$:7YN,AE,E#E![RUHCG[$^J>@D\_E&E\QS)R@]Z`9LU5"_]NC M=%\7FFER:SM(@[0.U>]KS1G+M;XF9LY"$SY0I&--41)4H>P)*AI%Z@Q2E\LO MS%FH&%A01U@H9PA!*1$C11:1\%9NL.O(RFP+26!HLP)*AI%ZH@Z ME#.8LU!M6]"ST-IL:/.U+A(AZCZ%EHKYSOX%EJSTG^P">8L M%(!H%:G`G*`V+X=::GEHX1A(52PLK;9Y99 M:'U]/2HJ*O#HHX_BDT\^P="A0U%34P/`6&@X48FJ8YF@=^_>16EI*8J*B@`` MN;FY>.*))S!Y\F1#H>&$RU7',I?[T$,/A<3T>#QP.!RA0%,LAH9C!UO45-3@^'#AP,P%AK.Y_/!EZ2AX?2@%!I.Z=YHL3PTW,J5*U%:6HH% M"Q;`X7#@\<:,5CSVZN1%G%-KK"Z\3L^="C^_>@;M_N>(NCB&5U MZ.NOOXYO?_O;R,_/AR1)F#!A`JY>O0H`AD+#?7C=@PS5T'#QU4+FU,OTJ3RS MJ1)/EU?$[._V>C$UC^[++8=E@KK=;E165F+:M&GH[.Q$>WL[JJNK`8^4,\T?&3M$A)<0*0"0WG2]+0<$5%1:%&431FA(8SN^="LXB: MA;ZH&%B@A`4Q@4$^]&F[#0((EX53`1"$$I$:UE%/Z;B1_+26<>K-UXH> ME'"Y6K`RYA>$:4$3,D:0H($(L[)ASN6:V M4HP$TD`=C9,F7PMC>#`GJ*);TFI>*HQ$F.5V0^6BS%?ILUBQ((B`.0M-[BEN M^Q=R,B>HF7(F6RO7C#2$RZ5$+!+C#%8&C-ASN6:NRX7)K5RQ+I<=A,OE#.%R M+<*N3@O-])EHY0I,1PC*&4RZW-#_T8/A"C\\%[,,-XX*,9XZ5"W?B#'\L+(G MO:K.?"6E^TCF-44^GP\5%168,6-&Q'XCH>'L@I56KJ46NGW[=FS8 ML`'#A@V+V"]"PUF'):'A%BU:A(D3)V+2I$F8,F5*S'$CH>'Z?#[T^?H@9S-Z M0\/9V6U1"@W7EZRAX8J+BU%04(!]^_;AHX\^@M?K12`0P/+ERPV%ALO_>H[B MLKQ?Y7Q\1=^Z6=UM> M?/%%?/CAA^CJZL*H4:,P;]X\8Z'A7"ZDNL+"IZFMXY$S%KEC)A'3E5+*5P)2 MG$X@):QZ"%[C,NM` MC!1QAA"4$E:FSY@<^A-+Q)01%DJ)&"GB#%9<+K>")G:KEHC116+,"0I`O9]'^UEI7[QH]2\3!+%R*1']4($M<""HW&HQP&S'3)^:WGS-+2=S M=:@4_!>]5WM;/BU:M!M$X>6*7U0]99*#.4'%Z+PZ'+CUD@SF7:Y7'-?KKA$GB<86%\H80-(@>EYO,"$&#L"*8%D)0SAC4C2(J=`16 M3(9&$7."ZE(T>D6]1K+Z#JBM#Q<$S]474;1QY$'CY\^=16UN+JJHJG#U[-K3?>&BXZ"5;#&JJJJP9\\>3)\^'7Z_'[-FS8++Y<)CCSUF*#2< MS]<'GT+X-(=#@M,Y<$MJ#\<*,6F^*/>.^?T!V=!P/E^?H5)8%AH.`*9/GPX` M<#J=F#U[-O[PAS_@L<<>,Q0:;O2(X8K'MF[;CJT[JN@*;S-[JG=A]Z[G34_7 MLCKTW+ES\/E\F#MW+@"@N;D9"Q8L`&`L-)RGM4TU-%P\TY=FH+>-5;EU&RJV M5,;L]WJ]&*7RI=7",D%'CAR)JJHJ7+Y\&6UM;1@W;AQ6K%@!`(9"P[E<+K@, MAD]+!IQ.IVSD4*/W9IF@DR=/QFNOO29[S%!H.($J8J2(,X2@G,'20/IZX4A)`P@!(02N``%(`"1`^KN3A,"1 M'7]#QDP&M:"2.Q-.MWR+.>(\A>UDA#E!$S4X;^+OG"<4488@WM-$>W= MQS-\:\;(H=GY4L"#NAPIB$()RAA"4,YBK0VEY M]T]_PH8-ZT._+CQMVC0<.'@(`-#6UH9]-7OQJV/'\%5'I^SUA!`L6;0(TV=, MA\_G0T-]`UXZ?AS9V=EH;V]'^8;U>."!!W#SYDT\_/`_X2=//@D`>'YG%3(S M,_'QQQ_C4-UAI*6EX:]__2M>_/=?XH5?_-+Z&R<,T-75-3#@1MH[;Q.?/Z#Y M]_:Y=\C;Y]Z1/?;:ZV^0B_]WB;C=;L7K[_;YR:[JZM#G'_UH*3ET^##Q^0-D MW;//DJJ=.XG/'R"]OCZ2EY='&JXVD2]:OR3?__X/B,\?('5'CI#7W_@OTM-[ MERQ:M)BTM7=0E;N]\W;H7KNZNG0_*ZY=[F]^,D2 MW'???:K72I*$YRKZ?[#5[_?CQM]OX%L%WP(`_*WY;Q@WKG^5HL/AP)BQ8_&G M=]Y!>GHZO%XO`.#+UE8,'SX<^VKVHG3E2F1E95EQBS%P*^BD@@)LJ=R*LO4; ML'K-S["P:`%NW;JE.YVW__A'+/WA#S%SYDS,+BP$`,R:/0M_^CL[,#;K<;3Y66HGK7\QCVM:\A*SL;-V_>Q)BQ8[%]VU;LV5VMN$C<-"SP MD*9#ZW*/_>HE,G?N/#)W[CS2U=T3<6SZC!GDO]\\$_K<_/$GJBXW^J]Z]VY2 M\M.?$I\_0.[<]9$#APZ1O34UY&!='9D_?P'YW7_\/N+\[CN]9,&"(M+:]A69 M-V\^N>WM)L=_?8(<__4)X7)I65%2@C?/GL6;9\_BR.$ZM+6U`0#NWKV+SS[] M%-_XYCM\2(23I7T[V>KT8,F0( M`*"]\[;BJQ`\X/5Z,2R[OP'5U=6E^UZY!`N-PI6EV\.(`3E#"$H M9PA!.4,(RAE"4,X0@FK@]_NQ'" M!925E6'.G#FZ0\.%#_UU)'CHS^?S(=V=AIX[O0D)UN'U>C'4P-"?9=-GMV_? M)K-FS0I]OG7K%OG\\\\)(82L6;.&O/SRRX000AH:&LA##SVDFE;X]%E'YVW2 MYP_$_@5D]NGY4[B^YTXO`4!Z[O0F)-\.@]-GEHT4G3ES!L.-=71UZ>WN1 MF9F)-6O6`.@/#;=V[5H`D:'A:&,5`8@<9]/:;TX8/7OSI<22T'"+%BW"D"%# M<.'"!9PZ=0I#AP[%4T\]A<.'#Z.LK,Q@:#B?2F@X1V3LG^C7#M4>+NV#CSZ/ MR.RGR-?O]RN$AC.XHD&W35-R[-@Q,G/FS-#G5UYYA2Q-(?7U] MZ%A.3@ZY?OVZ8EKA+E?M;]OV[6JI4>1[[;MVS7O M)ZE<[O>^]SWLWKT;@4``#H<#UZ]?Q\2)$P'H#PU'PMIM-S[]%)D9F;)3%PZG M`]YNK[)+#)X7LU_%DGQ]_1;C[?;"E>)2GS+1D6_9^O58M^[9F'R]7B_&C_N' M_DOB:*]:VLH]<>($+EVZA-S<7%R[=@UU=77(RLKJ7]=:7AY:);!Y\V9,FC1) M,9TOOOB".K@C3W@\'HP<.5+7-4RL6!""TL.$H(%``*VMK0"`C(R,_@!1G$(( M07=W-P!@Q(@1<#CTC?TP(:B`'C'TQQE"4,X0@G*&$)0SA*"<(00%,&?.G-#V MQ8L745A8B-6K5T><<^3($926EJ*VMA9+EBS!VV^_G>AB4L'TNERS\?O]N'KU M*N;,F0./QQ-QK+>W%T>/'D5:6AJF3)F"39LVX?+ERS:55!EAH0"6+ET*H/^7 M&HJ+BV4'+C9NW(BTM#0`_3]9,F7*E(26D19AH0!6K5I%==ZM6[>P=^]>7+Y\ M&2=/GK2X5/$A!-5!3DX.#AX\B!LW;F#FS)EH;&R,F-=-!H3+E4%N-+2VMC:T MG9N;BYZ>'GSYY9>)+!858BPWBN/'C^/TZ=/P>KU8MFP9UJU;!P!8MVX=4E)2 M,'+D2#0T-&#:M&DH*RNSN;2Q"$$Y0[A XML 62 R90.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares MSCI Global Agriculture Producers ETF
iSHARES® MSCI GLOBAL AGRICULTURE PRODUCERS ETF
Ticker: VEGI                    Stock Exchange: NYSE Arca
Investment Objective
The iShares MSCI Global Agriculture Producers ETF (the “Fund”) seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of agriculture.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. “Acquired Fund Fees and Expenses” reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (“NAV”) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses attributable to the Fund's investments in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares MSCI Global Agriculture Producers ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares MSCI Global Agriculture Producers ETF | iShares MSCI Global Agriculture Producers ETF | 0.39% none none 0.01% 0.40% (0.01%) 0.39%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares MSCI Global Agriculture Producers ETF}
1 Year
3 Years
5 Years
10 Years
iShares MSCI Global Agriculture Producers ETF | iShares MSCI Global Agriculture Producers ETF | USD ($) 40 127 223 504
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 14% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI ACWI Select Agriculture Producers Investable Market Index (IMI) (the “Underlying Index”), which has been developed by MSCI Inc. (“MSCI”) to measure the combined performance of equity securities of companies primarily engaged in the business of agriculture in both developed and emerging markets. MSCI begins with the MSCI ACWI Investable Market Index (IMI), and then selects securities of companies that are primarily focused on early phase agricultural production, including companies engaged in the production of fertilizers, agricultural chemicals, agricultural products and farm machinery and related parts. Additionally, companies involved in the production of packaged foods and meats are included in the Underlying Index to the extent they derive the majority of their total revenues from agricultural commodity production. Companies that are manufacturers of finished products that rely on agricultural commodities as raw materials are excluded from the Underlying Index. The Underlying Index may include large-, mid- or small-capitalization companies. As of June 30, 2014, the Underlying Index consisted of companies in the following 29 countries or regions: Australia, Brazil, Canada, Chile, China, Denmark, Finland, France, Germany, India, Indonesia, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, Norway, Poland, Russia, Singapore, South Africa, South Korea, Sweden, Switzerland, Taiwan, Thailand, Turkey and the United States. The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Agricultural Production Industry Risk. Companies engaged in agricultural production may be adversely affected by changes or trends in commodity prices and labor costs, which may be influenced by unpredictable factors. Many companies in the agricultural production industry are subject to government subsidy policies and environmental, health and safety laws and regulations. Any changes to these policies and regulations, or the imposition of tariffs or other trade restraints, may have a material adverse effect on companies operating in this industry. Adverse weather conditions (such as floods or droughts), natural disasters and other factors, such as disease outbreaks, also may adversely affect companies operating in this industry.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Capital Goods Industry Group Risk. The capital goods industry group may be affected by fluctuations in the business cycle. Many capital goods are sold internationally and companies in this industry group are subject to market conditions in other countries and regions.

Commodity Risk. The Fund invests in companies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those companies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Staples Sector Risk. The consumer staples sector may be affected by marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Materials Sector Risk. The Fund may invest significantly in companies in the materials sector. Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to North American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to U.S. Economic Risk.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Risk of Investing in the United States. The Fund has significant exposure to U.S. issuers. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Year Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2014 was -1.42%.
The best calendar quarter return during the period shown above was 6.63% in the 4th quarter of 2013; the worst was -5.65% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2013)
Average Annual Total Returns {- iShares MSCI Global Agriculture Producers ETF} - iShares MSCI Global Agriculture Producers ETF
One Year
Since Fund Inception
Inception Date
iShares MSCI Global Agriculture Producers ETF 4.17% 6.44% Jan. 31, 2012
iShares MSCI Global Agriculture Producers ETF | Return After Taxes on Distributions [1] 3.87% 6.25%  
iShares MSCI Global Agriculture Producers ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] 2.76% 5.11%  
MSCI ACWI Select Agriculture Producers IMI (Index returns do not reflect deductions for fees, expenses or taxes) 4.52% 6.81%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 63 R144.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
Document Creation Date dei_DocumentCreationDate Jun. 22, 2015
XML 64 R19.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares Emerging Markets Local Currency Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EMERGING MARKETS LOCAL CURRENCY BOND ETF
Ticker: LEMB                    Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Emerging Markets Local Currency Bond ETF (the “Fund”) seeks to track the investment results of an index composed of local currency denominated, emerging market sovereign bonds.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 43% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 43.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The expense information in the table has been restated as of March 2, 2015 to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the Barclays Emerging Markets Broad Local Currency Bond Index (the “Underlying Index”), which measures the performance of local currency-denominated sovereign bond markets of emerging market countries.

Securities included in the Underlying Index must be issued by countries that satisfy certain eligibility requirements for emerging market countries, and meet separate security-specific requirements.

Eligible issuer countries must have a sovereign rating of A1/A+ or lower using the middle foreign currency long-term debt rating of Moody's Investors Service, Inc. (“Moody's”), Standard & Poor's Ratings Services or Fitch Ratings, Inc. (“Fitch”), or be classified by the World Bank as a Low, Low/Middle or Upper/Middle Income country. Countries that are part of the Eurozone are excluded from the Underlying Index, regardless of their rating or World Bank classification. Eligible issuer countries must also have at least the local currency equivalent of U.S. $5 billion face amount of aggregate local currency treasury debt with maturities greater than one year outstanding as of July 1 of the preceding year.

Each security issued by an eligible emerging market country included in the Underlying Index must separately have the local currency equivalent of U.S. $1 billion face amount outstanding and meet certain pricing and maturity requirements. Treasury bills and strips, floating-rate issues, inflation-linked bonds, dual currency bonds, and private placements are excluded from the Underlying Index.

As of September 30, 2014, the Underlying Index included securities issued by Brazil, Chile, Colombia, the Czech Republic, Egypt, Hungary, Indonesia, Israel, Malaysia, Mexico, Peru, the Philippines, Poland, Russia, South Africa, South Korea, Thailand and Turkey.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by Barclays Capital Inc. or its affiliates (the “Index Provider” or “Barclays”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund may “call” or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar. Generally, an increase in the value of the U.S. dollar against a foreign currency will reduce the value of a security denominated in that foreign currency, thereby decreasing the Fund's overall NAV.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s investments.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” including those bonds rated lower than “BBB-” by Standard & Poor's Ratings Services and Fitch, or “Baa3” by Moody's), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity.

Income Risk. The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Interest Rate Risk. An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Liquidity Risk. Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to Asian Economic Risk and Central and South American Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk and Eastern European Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in South Korea. Investments in South Korean issuers may subject the Fund to legal, regulatory, political, currency, security, and economic risks that are specific to South Korea. In addition, economic and political developments of South Korea’s neighbors may have an adverse effect on the South Korean economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Sovereign Obligations Risk. The Fund invests in securities issued by or guaranteed by non-U.S. sovereign governments, which may be unable or unwilling to repay principal or interest when due. In times of economic uncertainty, the prices of these securities may be more volatile than those of corporate debt obligations or of other government debt obligations.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund’s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Treasury Obligations Risk. Treasury obligations may differ from other securities in their interest rates, maturities, times of issuance and other characteristics and may provide relatively lower returns than those of other securities. Similar to other issuers, changes to the financial condition or credit rating of a government may cause the value of the Fund's Treasury obligations to decline.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”). If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 6.18% in the 1st quarter of 2012; the worst was -6.06% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2014)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs").
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Emerging Markets Local Currency Bond ETF | iShares Emerging Markets Local Currency Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees [1] rr_ManagementFeesOverAssets 0.50%
Distribution and Service (12b-1) Fees [1] rr_DistributionAndService12b1FeesOverAssets none
Other Expenses [1] rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses [1] rr_ExpensesOverAssets 0.50%
1 Year rr_ExpenseExampleYear01 $ 51
3 Years rr_ExpenseExampleYear03 160
5 Years rr_ExpenseExampleYear05 280
10 Years rr_ExpenseExampleYear10 $ 628
2012 rr_AnnualReturn2012 13.77%
2013 rr_AnnualReturn2013 (4.92%)
2014 rr_AnnualReturn2014 (4.04%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 6.18%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (6.06%)
One Year rr_AverageAnnualReturnYear01 (4.04%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 0.38%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 18, 2011
iShares Emerging Markets Local Currency Bond ETF | Return After Taxes on Distributions | iShares Emerging Markets Local Currency Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (5.02%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception (0.47%)
iShares Emerging Markets Local Currency Bond ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Emerging Markets Local Currency Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (2.13%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 0.05%
iShares Emerging Markets Local Currency Bond ETF | Barclays Emerging Markets Broad Local Currency Bond Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (3.67%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 0.67%
[1] The expense information in the table has been restated as of March 2, 2015 to reflect current fees.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 65 R84.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares MSCI Frontier 100 ETF
iSHARES® MSCI FRONTIER 100 ETF
Ticker: FM                    Stock Exchange: NYSE Arca
Investment Objective
The iShares MSCI Frontier 100 ETF (the “Fund”) seeks to track the investment results of an index composed of frontier market equities.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares MSCI Frontier 100 ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI Frontier 100 ETF | iShares MSCI Frontier 100 ETF | 0.79% none none 0.79%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares MSCI Frontier 100 ETF}
1 Year
3 Years
5 Years
10 Years
iShares MSCI Frontier 100 ETF | iShares MSCI Frontier 100 ETF | USD ($) 81 252 439 978
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 61% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Frontier Markets 100 Index (the “Underlying Index”), which is designed to measure equity market performance of frontier markets while putting stronger emphasis on tradability compared to the MSCI Frontier Markets IMI (the “Parent Index”). Frontier market countries are those emerging market countries that are considered to be among the smallest, least mature and least liquid. As of November 26, 2014, the Underlying Index consisted of issuers in the following 18 frontier market countries: Argentina, Bahrain, Bangladesh, Estonia, Jordan, Kazakhstan, Kenya, Kuwait, Mauritius, Morocco, Nigeria, Oman, Pakistan, Romania, Serbia, Slovenia, Sri Lanka and Vietnam. The Underlying Index may include large-, mid- or small capitalization companies, and components primarily include energy, financials and telecommunications companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

In connection with its May 2014 Semi-Annual Index Review, the Index Provider reclassified Qatar and the United Arab Emirates from frontier market countries to emerging market countries. The Underlying Index has phased out issues in these two jurisdictions proportionately over a seven-month period. As of November 26, 2014, issuers in Qatar and the United Arab Emirates are no longer included in the Underlying Index.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Liquidity Risk. Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to African Economic Risk and Middle Eastern Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments.

Risk of Investing in Frontier Markets. Frontier markets are those emerging markets that are considered to be among the smallest, least mature and least liquid, and as a result, may be more likely to experience inflation risk, political turmoil and rapid changes in economic conditions than more developed and traditional emerging markets. Investments in frontier markets may be subject to a greater risk of loss than investments in more developed and traditional emerging markets. Frontier markets often have less uniformity in accounting and reporting requirements, unreliable securities valuation and greater risk associated with custody of securities. Economic, political, liquidity and currency risks may be more pronounced with respect to investments in frontier markets than in emerging markets.

Risk of Investing in Kuwait. Investments in Kuwaiti issuers involve risks that are specific to Kuwait, including legal, regulatory, political and economic risks.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Telecommunications Sector Risk. Companies in the telecommunications sector may be affected by industry competition, substantial capital requirements, government regulation and obsolescence of telecommunications products and services due to technological advancement.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”).
Year by Year Returns (Year Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2014 was 18.29%.
The best calendar quarter return during the period shown above was 8.01% in the 1st quarter of 2013; the worst was 2.59% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2013)
Average Annual Total Returns {- iShares MSCI Frontier 100 ETF} - iShares MSCI Frontier 100 ETF
One Year
Since Fund Inception
Inception Date
iShares MSCI Frontier 100 ETF 25.60% 24.31% Sep. 12, 2012
iShares MSCI Frontier 100 ETF | Return After Taxes on Distributions [1] 25.16% 23.98%  
iShares MSCI Frontier 100 ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] 14.64% 18.56%  
MSCI Frontier Markets 100 Index (Index returns do not reflect deductions for fees, expenses or taxes) 25.91% 24.90%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 66 R60.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares MSCI Emerging Markets EMEA ETF
iSHARES® MSCI EMERGING MARKETS EMEA ETF
Ticker: EEME                    Stock Exchange: NASDAQ
Investment Objective
The iShares MSCI Emerging Markets EMEA ETF (the “Fund”) seeks to track the investment results of an index composed of European, Middle Eastern and African emerging market equities.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.49% of average daily net assets until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares MSCI Emerging Markets EMEA ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares MSCI Emerging Markets EMEA ETF | iShares MSCI Emerging Markets EMEA ETF | 0.68% none none 0.68% (0.19%) 0.49%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares MSCI Emerging Markets EMEA ETF}
1 Year
3 Years
5 Years
10 Years
iShares MSCI Emerging Markets EMEA ETF | iShares MSCI Emerging Markets EMEA ETF | USD ($) 50 198 360 829
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 18% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Emerging Markets EMEA Index (the “Underlying Index”), which is designed to measure the performance of equity securities in the emerging market countries of Europe, the Middle East and Africa. As of June 30, 2014, the Underlying Index consisted of issuers in the following 10 emerging market countries: the Czech Republic, Egypt, Greece, Hungary, Poland, Qatar, Russia, South Africa, Turkey and the United Arab Emirates. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include consumer discretionary, energy and financials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Discretionary Sector Risk. The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Market Risk. Non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of the Fund’s holdings difficult or impossible at times.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to African Economic Risk and Eastern European Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to European Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Risk of Investing in South Africa. Investing in South African securities involves significant risks, including legal, regulatory and economic risks specific to South Africa. Among other things, South Africa's economy is heavily dependent on its agriculture and mining sectors, and, thus, susceptible to fluctuations in the commodity markets.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”). If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Year Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2014 was -5.82%.
The best calendar quarter return during the period shown above was 9.24% in the 3rd quarter of 2013; the worst was -8.23% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2013)
Average Annual Total Returns {- iShares MSCI Emerging Markets EMEA ETF} - iShares MSCI Emerging Markets EMEA ETF
One Year
Since Fund Inception
Inception Date
iShares MSCI Emerging Markets EMEA ETF (5.47%) 3.77% Jan. 18, 2012
iShares MSCI Emerging Markets EMEA ETF | Return After Taxes on Distributions [1] (5.65%) 3.62%  
iShares MSCI Emerging Markets EMEA ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (2.35%) 3.42%  
MSCI Emerging Markets EMEA Index (Index returns do not reflect deductions for fees, expenses or taxes) (5.16%) 4.27%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 67 R13.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares Emerging Markets High Yield Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EMERGING MARKETS HIGH YIELD BOND ETF
Ticker: EMHY                    Stock Exchange: BATS
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Emerging Markets High Yield Bond ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. dollar-denominated, emerging market high yield sovereign and corporate bonds.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 24% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 24.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The expense information in the table has been restated as of March 2, 2015 to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the Morningstar® Emerging Markets High Yield Bond IndexSM (the “Underlying Index”), which tracks the performance of the below-investment-grade U.S. dollar-denominated emerging market sovereign and corporate high yield bond market. High yield bonds are also known as “junk bonds.” All bonds included in the Underlying Index are selected according to a set of rules-based inclusion criteria regarding issue size, bond type, maturity, and liquidity. The securities included in the Underlying Index are rebalanced on the first business day of each month. Eligible countries included in the Underlying Index are rebalanced annually at the end of September.

The Underlying Index includes bonds issued by corporations, sovereignties and quasi-sovereign corporations (more than 50% government ownership) based in Latin American, Eastern European, Middle Eastern/African, and Asian (excluding Japan) countries that meet certain criteria to be classified as emerging market countries by Morningstar, Inc.’s (”Morningstar”) proprietary index methodology. Eligible individual securities must have a minimum outstanding face value of $500 million or more, and eligible issuers must have aggregate outstanding debt of $1 billion or more to be included in the Underlying Index. All securities included in the Underlying Index must be U.S. dollar-denominated fixed rate bonds with a remaining maturity of 13 months or more at the time of rebalancing and a minimum of 36 months to maturity or greater at time of issuance. Corporate bonds must have a credit rating of BB+ or lower from either Moody’s Investors Service, Inc. (“Moody’s”), Standard & Poor's Ratings Services or Fitch Ratings, Inc. (“Fitch”) to be included in the Underlying Index. Sovereign bonds must have a credit rating of BB+ or lower from either Moody's or Standard & Poor's Ratings Services to be included in the Underlying Index. The Underlying Index employs a weight capping algorithm to limit exposure to single issuers. Single issuers are capped at 15% of the Underlying Index portfolio, and the sum of all issuers over 5% is capped at 48%. Issuers under 5% are capped at 4.7% of the Underlying Index portfolio. In instances where an issuer exceeds the capping threshold, the weight is modified and allocated on a pro rata basis to the remaining constituents.

As of September 30, 2014, the Underlying Index included issuers located in Argentina, Belarus, Brazil, China, the Dominican Republic, Ecuador, Egypt, El Salvador, Guatemala, Hong Kong, Hungary, India, Jamaica, Kazakhstan, Latvia, Lebanon, Mexico, Pakistan, the Philippines, Romania, Russia, Serbia, South Korea, Sri Lanka, Turkey, the Ukraine, the United Arab Emirates, Venezuela and Vietnam. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include financials, industrials and transportation companies and sovereign obligations. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index.

The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by Morningstar (the “Index Provider”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund may “call” or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s investments.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements, recent or future regulation on any individual financial company, or regulation on the financials sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” including those bonds rated lower than “BBB-” by Standard & Poor's Ratings Services and Fitch, or “Baa3” by Moody's), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity.

Income Risk. The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.

Interest Rate Risk. An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Liquidity Risk. Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk and Eastern European Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privately-Issued Securities Risk. The Fund will invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the “1933 Act”). Privately-issued securities are securities that have not been registered under the 1933 Act and as a result are subject to legal restrictions on resale. Privately-issued securities are not traded on established markets and may be illiquid, difficult to value and subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Sovereign and Quasi-Sovereign Obligations Risk. The Fund invests in securities issued by or guaranteed by non-U.S. sovereign governments and by entities affiliated with or backed by non-U.S. sovereign governments, which may be unable or unwilling to repay principal or interest when due. In times of economic uncertainty, the prices of these securities may be more volatile than those of corporate debt obligations or of other government debt obligations.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund’s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Transportation Industry Group Risk. Issuers in the transportation industry group may be adversely affected by economic changes, fuel prices, labor relations, and insurance costs. Transportation companies in certain countries may also be subject to significant government regulation and oversight, which may adversely affect their businesses. Other risk factors that may affect transportation companies include the risk of increases in fuel and other operating costs and the effects of regulatory changes or other government decisions.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”).
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 6.42% in the 2nd quarter of 2014; the worst was -5.58% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2014)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Emerging Markets High Yield Bond ETF | iShares Emerging Markets High Yield Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees [1] rr_ManagementFeesOverAssets 0.50%
Distribution and Service (12b-1) Fees [1] rr_DistributionAndService12b1FeesOverAssets none
Other Expenses [1] rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses [1] rr_ExpensesOverAssets 0.50%
1 Year rr_ExpenseExampleYear01 $ 51
3 Years rr_ExpenseExampleYear03 160
5 Years rr_ExpenseExampleYear05 280
10 Years rr_ExpenseExampleYear10 $ 628
2013 rr_AnnualReturn2013 (5.47%)
2014 rr_AnnualReturn2014 2.06%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2014
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 6.42%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (5.58%)
One Year rr_AverageAnnualReturnYear01 2.06%
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.66%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 03, 2012
iShares Emerging Markets High Yield Bond ETF | Return After Taxes on Distributions | iShares Emerging Markets High Yield Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (0.54%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 1.27%
iShares Emerging Markets High Yield Bond ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Emerging Markets High Yield Bond ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 1.22%
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 1.81%
iShares Emerging Markets High Yield Bond ETF | Morningstar ® Emerging Markets High Yield Bond Index℠ (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 2.63%
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.24%
[1] The expense information in the table has been restated as of March 2, 2015 to reflect current fees.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 68 R14.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares Emerging Markets Local Currency Bond ETF
iSHARES® EMERGING MARKETS LOCAL CURRENCY BOND ETF
Ticker: LEMB                    Stock Exchange: NYSE Arca
Investment Objective
The iShares Emerging Markets Local Currency Bond ETF (the “Fund”) seeks to track the investment results of an index composed of local currency denominated, emerging market sovereign bonds.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares Emerging Markets Local Currency Bond ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Emerging Markets Local Currency Bond ETF | iShares Emerging Markets Local Currency Bond ETF | [1] 0.50% none none 0.50%
[1] The expense information in the table has been restated as of March 2, 2015 to reflect current fees.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares Emerging Markets Local Currency Bond ETF}
1 Year
3 Years
5 Years
10 Years
iShares Emerging Markets Local Currency Bond ETF | iShares Emerging Markets Local Currency Bond ETF | USD ($) 51 160 280 628
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 43% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the Barclays Emerging Markets Broad Local Currency Bond Index (the “Underlying Index”), which measures the performance of local currency-denominated sovereign bond markets of emerging market countries.

Securities included in the Underlying Index must be issued by countries that satisfy certain eligibility requirements for emerging market countries, and meet separate security-specific requirements.

Eligible issuer countries must have a sovereign rating of A1/A+ or lower using the middle foreign currency long-term debt rating of Moody's Investors Service, Inc. (“Moody's”), Standard & Poor's Ratings Services or Fitch Ratings, Inc. (“Fitch”), or be classified by the World Bank as a Low, Low/Middle or Upper/Middle Income country. Countries that are part of the Eurozone are excluded from the Underlying Index, regardless of their rating or World Bank classification. Eligible issuer countries must also have at least the local currency equivalent of U.S. $5 billion face amount of aggregate local currency treasury debt with maturities greater than one year outstanding as of July 1 of the preceding year.

Each security issued by an eligible emerging market country included in the Underlying Index must separately have the local currency equivalent of U.S. $1 billion face amount outstanding and meet certain pricing and maturity requirements. Treasury bills and strips, floating-rate issues, inflation-linked bonds, dual currency bonds, and private placements are excluded from the Underlying Index.

As of September 30, 2014, the Underlying Index included securities issued by Brazil, Chile, Colombia, the Czech Republic, Egypt, Hungary, Indonesia, Israel, Malaysia, Mexico, Peru, the Philippines, Poland, Russia, South Africa, South Korea, Thailand and Turkey.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by Barclays Capital Inc. or its affiliates (the “Index Provider” or “Barclays”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund may “call” or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar. Generally, an increase in the value of the U.S. dollar against a foreign currency will reduce the value of a security denominated in that foreign currency, thereby decreasing the Fund's overall NAV.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s investments.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” including those bonds rated lower than “BBB-” by Standard & Poor's Ratings Services and Fitch, or “Baa3” by Moody's), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity.

Income Risk. The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Interest Rate Risk. An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Liquidity Risk. Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to Asian Economic Risk and Central and South American Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk and Eastern European Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in South Korea. Investments in South Korean issuers may subject the Fund to legal, regulatory, political, currency, security, and economic risks that are specific to South Korea. In addition, economic and political developments of South Korea’s neighbors may have an adverse effect on the South Korean economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Sovereign Obligations Risk. The Fund invests in securities issued by or guaranteed by non-U.S. sovereign governments, which may be unable or unwilling to repay principal or interest when due. In times of economic uncertainty, the prices of these securities may be more volatile than those of corporate debt obligations or of other government debt obligations.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund’s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Treasury Obligations Risk. Treasury obligations may differ from other securities in their interest rates, maturities, times of issuance and other characteristics and may provide relatively lower returns than those of other securities. Similar to other issuers, changes to the financial condition or credit rating of a government may cause the value of the Fund's Treasury obligations to decline.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”). If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
The best calendar quarter return during the periods shown above was 6.18% in the 1st quarter of 2012; the worst was -6.06% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2014)
Average Annual Total Returns {- iShares Emerging Markets Local Currency Bond ETF} - iShares Emerging Markets Local Currency Bond ETF
One Year
Since Fund Inception
Inception Date
iShares Emerging Markets Local Currency Bond ETF (4.04%) 0.38% Oct. 18, 2011
iShares Emerging Markets Local Currency Bond ETF | Return After Taxes on Distributions [1] (5.02%) (0.47%)  
iShares Emerging Markets Local Currency Bond ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (2.13%) 0.05%  
Barclays Emerging Markets Broad Local Currency Bond Index (Index returns do not reflect deductions for fees, expenses, or taxes) (3.67%) 0.67%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 69 R66.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares MSCI Emerging Markets Energy Capped ETF
iSHARES® MSCI EMERGING MARKETS ENERGY CAPPED ETF
Ticker: EMEY                    Stock Exchange: NASDAQ
Investment Objective
The iShares MSCI Emerging Markets Energy Capped ETF (the “Fund”) seeks to track the investment results of an index composed of emerging market equities in the energy sector.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares MSCI Emerging Markets Energy Capped ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI Emerging Markets Energy Capped ETF | iShares MSCI Emerging Markets Energy Capped ETF | 0.67% none none 0.67%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares MSCI Emerging Markets Energy Capped ETF}
1 Year
3 Years
5 Years
10 Years
iShares MSCI Emerging Markets Energy Capped ETF | iShares MSCI Emerging Markets Energy Capped ETF | USD ($) 68 214 373 835
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 15% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Emerging Markets Energy 25/50 Index (the “Underlying Index”), which is designed to measure the performance of energy-related companies in emerging market countries. A capping methodology is applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight, and all issuers with weight above 5% do not exceed 50% of the Underlying Index weight. As of June 30, 2014, the Underlying Index consisted of issuers in the following 15 countries or regions: Brazil, Chile, China, Colombia, Hungary, India, Indonesia, Malaysia, Poland, Russia, South Africa, South Korea, Taiwan, Thailand and Turkey. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include energy companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.

The Fund invests all of its assets that are invested in India in a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term “Fund,” as used in this prospectus (the “Prospectus”), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk and Eastern European Economic Risk.

Oil and Gas Industry Risk. Companies in the oil and gas industry are affected by worldwide energy prices and exploration and production costs. Companies in the oil and gas industry may have significant operations in areas at risk for natural disasters, social unrest and environmental damage. These companies may also be at risk for increased government regulation and intervention, litigation, and negative publicity and public perception.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in China. Investments in Chinese issuers subject the Fund to risks specific to China. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the past 25 years, the Chinese government has undertaken reform of economic and market practices and is expanding the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of tariffs or other trade barriers, or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Year Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2014 was -3.65%.
The best calendar quarter return during the period shown above was 10.29% in the 3rd quarter of 2013; the worst was -11.78% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2013)
Average Annual Total Returns {- iShares MSCI Emerging Markets Energy Capped ETF} - iShares MSCI Emerging Markets Energy Capped ETF
One Year
Since Fund Inception
Inception Date
iShares MSCI Emerging Markets Energy Capped ETF (10.92%) (12.61%) Feb. 08, 2012
iShares MSCI Emerging Markets Energy Capped ETF | Return After Taxes on Distributions [1] (11.19%) (12.77%)  
iShares MSCI Emerging Markets Energy Capped ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (5.44%) (9.06%)  
MSCI Emerging Markets Energy 25/50 Index (Index returns do not reflect deductions for fees, expenses or taxes) (10.75%) (12.14%)  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 70 R102.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares MSCI Global Metals & Mining Producers ETF
iSHARES® MSCI GLOBAL METALS & MINING PRODUCERS ETF
Ticker: PICK                    Stock Exchange: NYSE Arca
Investment Objective
The iShares MSCI Global Metals & Mining Producers ETF (the “Fund”) seeks to track the investment results of an index composed of global equities of companies primarily engaged in mining, extraction or production of diversified metals, excluding gold and silver.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. “Acquired Fund Fees and Expenses” reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (“NAV”) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses attributable to the Fund's investments in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA. During the most recently completed fiscal year, the amount of such expenses incurred and fees waived rounded to 0.00%.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares MSCI Global Metals & Mining Producers ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares MSCI Global Metals & Mining Producers ETF | iShares MSCI Global Metals & Mining Producers ETF | 0.39% none none none 0.39% none 0.39%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares MSCI Global Metals & Mining Producers ETF}
1 Year
3 Years
5 Years
10 Years
iShares MSCI Global Metals & Mining Producers ETF | iShares MSCI Global Metals & Mining Producers ETF | USD ($) 40 125 219 493
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 18% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI ACWI Select Metals & Mining Producers ex Gold & Silver Investable Market Index (IMI) (the “Underlying Index”), which has been developed by MSCI Inc. (“MSCI”) to measure the combined performance of equity securities of companies primarily involved in the extraction or production of diversified metals, the production of aluminum or steel, and in the mining of precious metals and minerals (excluding gold and silver) in both developed and emerging markets. MSCI begins with the MSCI ACWI Investable Market Index (IMI), and then selects securities of companies that are primarily focused on extraction and production of aluminum, steel and diversified metals and mining. The Underlying Index excludes companies that are included in the MSCI ACWI Select Gold Miners Investable Market Index (IMI) and MSCI ACWI Select Silver Miners Investable Market Index (IMI). The Underlying Index may include large-, mid- or small-capitalization companies. As of June 30, 2014, the Underlying Index consisted of companies in the following 35 countries or regions: Australia, Austria, Belgium, Brazil, Canada, Chile, China, Egypt, Finland, France, Germany, Greece, Hong Kong, India, Indonesia, Japan, Malaysia, Mexico, the Netherlands, Norway, Peru, the Philippines, Poland, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Kingdom and the United States. The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's NAV, trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in companies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those companies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Materials Sector Risk. The Fund may invest significantly in companies in the materials sector. Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.

Metals and Mining Industry Risk. Companies in the metals and mining industry are susceptible to fluctuations in worldwide metal prices, and extraction and production costs. In addition, metals and mining companies may have significant operations in areas at risk for social and political unrest, security concerns and environmental damage. These companies may also be at risk for increased government regulation and intervention. Such risks may adversely affect the issuers to which the Fund has exposure.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk, Australasian Economic Risk and European Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Australia. Investments in Australian issuers may subject the Fund to regulatory, political, currency, security, and economic risk specific to Australia. The Australian economy is heavily dependent on exports from the agricultural and mining sectors. This makes the Australian economy susceptible to fluctuations in the commodity markets. Australia is also dependent on trading with key trading partners.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Year Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2014 was -6.74%.
The best calendar quarter return during the period shown above was 19.37% in the 3rd quarter of 2013; the worst was -15.89% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2013)
Average Annual Total Returns {- iShares MSCI Global Metals & Mining Producers ETF} - iShares MSCI Global Metals & Mining Producers ETF
One Year
Since Fund Inception
Inception Date
iShares MSCI Global Metals & Mining Producers ETF (7.53%) (8.55%) Jan. 31, 2012
iShares MSCI Global Metals & Mining Producers ETF | Return After Taxes on Distributions [1] (8.37%) (9.06%)  
iShares MSCI Global Metals & Mining Producers ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (3.73%) (6.42%)  
MSCI ACWI Select Metals & Mining Producers ex Gold & Silver IMI (Index returns do not reflect deductions for fees, expenses or taxes) (7.56%) (8.66%)  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 71 R129.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares MSCI Russia Capped ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI RUSSIA CAPPED ETF
Ticker: ERUS               Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Russia Capped ETF (the “Fund”) seeks to track the investment results of an index composed of Russian equities.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance.

The Fund previously operated as the sole series of iShares MSCI Russia Capped ETF, Inc. (the “Predecessor Fund”). During the most recent fiscal year, the Predecessor Fund's portfolio turnover rate was 15% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 15.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Russia 25/50 Index (the “Underlying Index”), which is a free float-adjusted market capitalization-weighted index designed to measure the performance of equity securities listed on stock exchanges in Russia. The Underlying Index may include large-, mid- or small- capitalization companies, and components primarily include energy, financials and materials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in Russia, which is susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on the Russian economy.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets (including Russia) are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Materials Sector Risk. Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of Russian securities or Russian markets. The Fund is specifically exposed to Eastern European Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Russia has privatized certain entities and industries; privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in a country whose economy is heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. Russia is an emerging markets country. The Fund's investments in emerging markets may be subject to a greater risk of loss than investments in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, unreliable securities valuation and greater risk associated with custody of securities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Securities Market Risk. Russian securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Security Risk. Russia has experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in Russian markets and may adversely affect its economy and the Fund's investments.

Structural Risk. The country in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE TRADED FUNDS (commonly referred to as “ETFs”) THAT DO NOT TRACK SUCH INDICES.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security  and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The Fund is continuing the operations of the Predecessor Fund, a series of iShares MSCI Russia Capped ETF, Inc. Before the Fund commenced operations, all of the assets and liabilities of the Predecessor Fund were transferred to the Fund in a reorganization (the “Reorganization”), which was tax-free for U.S. federal income tax purposes. The Reorganization occurred on January 26, 2015. As a result of the Reorganization, the Fund assumed the performance and accounting history of the Predecessor Fund.

The bar chart and table that follow show how the Predecessor Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the  Predecessor Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the  Predecessor Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”).
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Predecessor Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 19.15% in the 1st quarter of 2012; the worst was -31.19% in the 3rd quarter of 2011.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2013)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI Russia Capped ETF | iShares MSCI Russia Capped ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.62%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.62%
1 Year rr_ExpenseExampleYear01 $ 63
3 Years rr_ExpenseExampleYear03 199
5 Years rr_ExpenseExampleYear05 346
10 Years rr_ExpenseExampleYear10 $ 774
2011 rr_AnnualReturn2011 (20.81%)
2012 rr_AnnualReturn2012 13.68%
2013 [1] rr_AnnualReturn2013 (3.22%)
Year to Date Return, Label rr_YearToDateReturnLabel The Predecessor Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2014
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (19.14%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 19.15%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (31.19%)
One Year rr_AverageAnnualReturnYear01 (3.22%)
Since Predecessor Fund Inception rr_AverageAnnualReturnSinceInception (2.50%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 09, 2010
iShares MSCI Russia Capped ETF | Return After Taxes on Distributions | iShares MSCI Russia Capped ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (3.39%)
Since Predecessor Fund Inception [2] rr_AverageAnnualReturnSinceInception (2.52%)
iShares MSCI Russia Capped ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI Russia Capped ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (0.87%)
Since Predecessor Fund Inception [2] rr_AverageAnnualReturnSinceInception (1.44%)
iShares MSCI Russia Capped ETF | MSCI Russia 25/50 Index (Index returns do not reflect deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (2.44%)
Since Predecessor Fund Inception rr_AverageAnnualReturnSinceInception (1.90%)
[1] The Predecessor Fund’s year-to-date return as of September 30, 2014 was -19.14%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 72 R143.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares MSCI Emerging Workforce ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI EMERGING
WORKFORCE ETF
Ticker: EMWK                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Emerging Workforce ETF (the “Fund”) seeks to track the investment results of an index comprised primarily of companies in emerging markets that meet certain workforce demographic criteria.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance.
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Emerging + Frontier Markets Workforce Index (the “Underlying Index”), which has been developed by MSCI Inc. (“MSCI”). The Underlying Index is designed to track the equity performance of companies in countries from the universe of MSCI Emerging + Frontier Markets Index (the “Parent Index”) that have favorable demographic criteria. The Underlying Index selects countries based on the following demographic criteria: a higher percentage of population below a specified age and the potential for a greater number of higher productivity employment opportunities based on higher education levels, higher relative urbanization and lower dependency on agriculture.

The constituents of the resulting eligible countries are market-capitalization weighted. Countries with less than 0.25% market capitalization weight are excluded and the weights of the remaining countries are rescaled proportionately. The maximum market capitalization of country weights are capped at 20% and the remaining countries’ weights are rescaled proportionately. Once country weights are determined, securities within each country are weighted by their market capitalization within their country weights.

As of January 8, 2015, the Underlying Index consisted of 460 companies from the following 14 countries: Argentina, Brazil, Chile, China, Colombia, Egypt, Indonesia, Kuwait, Malaysia, Mexico, Peru, the Philippines, South Africa and Turkey. The Underlying Index may include large- and mid-capitalization companies, and components primarily include consumer discertionary, consumer staples, financials and telecommunications companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by MSCI (the “Index Provider”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's NAV, trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the demographic criteria of issuers included in the Parent Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology will accurately assess the demographic criteria of included countries.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Discretionary Sector Risk. The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns.

Consumer Staples Sector Risk. The consumer staples sector may be affected by, among other things, marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of currency.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements, recent or future regulation on any individual financial company, or regulation on the financials sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Liquidity Risk. Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Market Risk. Non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of the Fund’s holdings difficult or impossible at times.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk and Central and South American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk​​​​​​.

Risk of Investing in China. Investments in Chinese issuers subject the Fund to risks specific to China. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the past 25 years, the Chinese government has undertaken reform of economic and market practices and is expanding the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of tariffs or other trade barriers, or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Telecommunications Sector Risk. Companies in the telecommunications sector may be affected by industry competition, substantial capital requirements, government regulation and obsolescence of telecommunications products and services due to technological advancement.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE TRADED FUNDS (commonly referred to as “ETFs”) THAT DO NOT TRACK SUCH INDICES.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.

Workforce Risk. The composition of a country’s workforce or the demographics of a country used by the index methodology for country selection may not translate into the positive performance of any individual security or securities market.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock As of the date of the Fund's prospectus (the “Prospectus”), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Fund's prospectus (the “Prospectus”), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
iShares MSCI Emerging Workforce ETF | iShares MSCI Emerging Workforce ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.67%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.67%
1 Year rr_ExpenseExampleYear01 $ 68
3 Years rr_ExpenseExampleYear03 $ 214
XML 73 R26.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares Global High Yield Corporate Bond ETF
iSHARES® GLOBAL HIGH YIELD CORPORATE BOND ETF
Ticker: GHYG                    Stock Exchange: BATS
Investment Objective
The iShares Global High Yield Corporate Bond ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. dollar, euro, British pound sterling and Canadian dollar-denominated, high yield corporate bonds.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.40% of average daily net assets until February 29, 2016. The contractual waiver may be terminated prior to February 29, 2016 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares Global High Yield Corporate Bond ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Global High Yield Corporate Bond ETF | iShares Global High Yield Corporate Bond ETF | 0.55% none none 0.55% (0.15%) 0.40%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares Global High Yield Corporate Bond ETF}
1 Year
3 Years
5 Years
10 Years
iShares Global High Yield Corporate Bond ETF | iShares Global High Yield Corporate Bond ETF | USD ($) 41 161 292 675
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 21% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the Markit iBoxx Global Developed Markets High Yield Index (the “Underlying Index”), which is a rules-based index consisting of high yield corporate bonds denominated in U.S. dollars, euros, British pounds sterling and Canadian dollars. The Underlying Index is designed to provide a broad representation of the global high yield corporate bond market. High yield bonds are also known as “junk bonds.” The Underlying Index may include corporate bonds that are issued by companies domiciled in countries classified as developed markets by the index provider. The Underlying Index is a market value weighted index with a cap on each issuer of 3%. There is no limit to the number of issues in the Underlying Index. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include consumer goods, consumer services, financials and industrials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

The Fund will invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the “1933 Act”).

It is expected that the Underlying Index, under normal market conditions, will include a significant percentage of issuers (generally, at least 40%) organized or located outside the United States or doing business outside the United States.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by Markit Indices Limited (the “Index Provider” or “Markit”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund may “call” or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Goods Industry Risk. The consumer goods industry may be affected by changes in social trends and consumer demands. Many consumer goods are sold internationally and companies that sell such products may be affected by market conditions in other countries and regions.

Consumer Services Industry Risk. The consumer services industry may be affected by, among other things, changes in the domestic and international economies, exchange rates, competition, consumers' disposable income and consumer preferences.

Credit Risk. Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar. Generally, an increase in the value of the U.S. dollar against a foreign currency will reduce the value of a security denominated in that foreign currency, thereby decreasing the Fund's overall NAV.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s investments.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements, recent or future regulation on any individual financial company, or regulation on the financials sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” including those bonds rated lower than “BBB-” by Standard & Poor's Ratings Services and Fitch, Inc. (“Fitch”) or “Baa3” by Moody's Investors Service, Inc. (“Moody's”)), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity.

Income Risk. The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.

Interest Rate Risk. An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Liquidity Risk. Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to European Economic Risk and North American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privately-Issued Securities Risk. Privately-issued securities are securities that have not been registered under the 1933 Act and as a result are subject to legal restrictions on resale. Privately-issued securities are not traded on established markets and may be illiquid, difficult to value and subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Australasian Economic Risk, European Economic Risk and North American Economic Risk.

Risk of Investing in the United States. The Fund has significant exposure to U.S. issuers. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund’s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund’s valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”). If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
The best calendar quarter return during the periods shown above was 3.89% in the 4th quarter of 2013; the worst was -4.11% in the 3rd quarter of 2014.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2014)
Average Annual Total Returns {- iShares Global High Yield Corporate Bond ETF} - iShares Global High Yield Corporate Bond ETF
One Year
Since Fund Inception
Inception Date
iShares Global High Yield Corporate Bond ETF (0.67%) 6.00% Apr. 03, 2012
iShares Global High Yield Corporate Bond ETF | Return After Taxes on Distributions [1] (2.96%) 3.57%  
iShares Global High Yield Corporate Bond ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (0.34%) 3.56%  
Markit iBoxx Global Developed Markets High Yield Index (Index returns do not reflect deductions for fees, expenses, or taxes) (0.68%) 6.11%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 74 R95.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares MSCI Global Agriculture Producers ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI GLOBAL AGRICULTURE PRODUCERS ETF
Ticker: VEGI                    Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Global Agriculture Producers ETF (the “Fund”) seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of agriculture.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. “Acquired Fund Fees and Expenses” reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (“NAV”) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses attributable to the Fund's investments in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 31, 2015
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 14% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 14.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (“NAV”) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI ACWI Select Agriculture Producers Investable Market Index (IMI) (the “Underlying Index”), which has been developed by MSCI Inc. (“MSCI”) to measure the combined performance of equity securities of companies primarily engaged in the business of agriculture in both developed and emerging markets. MSCI begins with the MSCI ACWI Investable Market Index (IMI), and then selects securities of companies that are primarily focused on early phase agricultural production, including companies engaged in the production of fertilizers, agricultural chemicals, agricultural products and farm machinery and related parts. Additionally, companies involved in the production of packaged foods and meats are included in the Underlying Index to the extent they derive the majority of their total revenues from agricultural commodity production. Companies that are manufacturers of finished products that rely on agricultural commodities as raw materials are excluded from the Underlying Index. The Underlying Index may include large-, mid- or small-capitalization companies. As of June 30, 2014, the Underlying Index consisted of companies in the following 29 countries or regions: Australia, Brazil, Canada, Chile, China, Denmark, Finland, France, Germany, India, Indonesia, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, Norway, Poland, Russia, Singapore, South Africa, South Korea, Sweden, Switzerland, Taiwan, Thailand, Turkey and the United States. The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Agricultural Production Industry Risk. Companies engaged in agricultural production may be adversely affected by changes or trends in commodity prices and labor costs, which may be influenced by unpredictable factors. Many companies in the agricultural production industry are subject to government subsidy policies and environmental, health and safety laws and regulations. Any changes to these policies and regulations, or the imposition of tariffs or other trade restraints, may have a material adverse effect on companies operating in this industry. Adverse weather conditions (such as floods or droughts), natural disasters and other factors, such as disease outbreaks, also may adversely affect companies operating in this industry.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Capital Goods Industry Group Risk. The capital goods industry group may be affected by fluctuations in the business cycle. Many capital goods are sold internationally and companies in this industry group are subject to market conditions in other countries and regions.

Commodity Risk. The Fund invests in companies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those companies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Staples Sector Risk. The consumer staples sector may be affected by marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Materials Sector Risk. The Fund may invest significantly in companies in the materials sector. Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to North American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to U.S. Economic Risk.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Risk of Investing in the United States. The Fund has significant exposure to U.S. issuers. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Year Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the period shown above was 6.63% in the 4th quarter of 2013; the worst was -5.65% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2013)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI Global Agriculture Producers ETF | iShares MSCI Global Agriculture Producers ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.39%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.40%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.01%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.39%
1 Year rr_ExpenseExampleYear01 $ 40
3 Years rr_ExpenseExampleYear03 127
5 Years rr_ExpenseExampleYear05 223
10 Years rr_ExpenseExampleYear10 $ 504
2013 [1] rr_AnnualReturn2013 4.17%
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2014
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (1.42%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Dec. 31, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 6.63%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (5.65%)
One Year rr_AverageAnnualReturnYear01 4.17%
Since Fund Inception rr_AverageAnnualReturnSinceInception 6.44%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2012
iShares MSCI Global Agriculture Producers ETF | Return After Taxes on Distributions | iShares MSCI Global Agriculture Producers ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 3.87%
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 6.25%
iShares MSCI Global Agriculture Producers ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI Global Agriculture Producers ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 2.76%
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 5.11%
iShares MSCI Global Agriculture Producers ETF | MSCI ACWI Select Agriculture Producers IMI (Index returns do not reflect deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 4.52%
Since Fund Inception rr_AverageAnnualReturnSinceInception 6.81%
[1] The Fund’s year-to-date return as of September 30, 2014 was -1.42%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 75 BarChart4.png IDEA: XBRL DOCUMENT begin 644 BarChart4.png MB5!.1PT*&@H````-24A$4@```*X```%>"`8````)SMG7M\%%6:]W]5 MG4Y"$B(.F"#*"#(S7(2/@@J#*)@%UQ&'`3>R&.<5+W$49P6&60A$5X*C$Q@8 MH@@[CJN@+`[C#>_LQPORHJS".[,8??'"11T0A`F)2(`.D+[4_M&DTUU]JNK4 MK:M.]_/U@^FN.N?4?V!C9OWHS* MRDI\\,$'B662)*&VMA8WWWPS5QNQ6`PM+2T`@**B(DB2Y(JM1.90%`5M;6T` M@!X]>D"6S?E0UX5;556%39LVI2U_[;77T-S4N6DEX25-3$\K*RDS5<5VX+,XZZRS"+_^(5F^>28]H5M>U!85)Q^X!5`"L@(!`*=%;5V-$ND1@=%120O#``H M+"J."S>Y#2.2R^EM5TOD>L+5Z6LDJ++9C+T=F/G!`9@ZZU[<]*O:-!M/G@CA M^F%]XDU:N&9Q7;@;-FS`,\\\@\.'#Z.^OA[3IDU#[]Z]\<`##V#HT*'8MV\? M*BLK,7;L6*[V\H+!N+=0>S"`[=74MX*ROILY>*PVD]M1BS(9$S\,0SMX[#+Z M;K0-!_H:R`L`"*35RXL$.8UAX[IPQXT;AW'CQJ4LN_+**W'EE5=::U!"ZD[3 M$H'$^,PZ"%+27[V#I->&EK+>!(J M.()>Y[6$;;3#6.O5R]0[7V(L8Y4W$Z=J;9-%)OJ:;!M/?=Z^VD"\D3.]#BM) M?_V6ZN41HYF#F^F^FMF&E;Z:1#SA&GD?HS(BD4M]-8EXPO4)DBSCYS/F0C(Y MXN,E(MJLA23"(YA"H1!*2DH``"]O_R:>#B.$YF1;").&G`,`.'[\.(J+S1U3 M\7]Z1$Y"PB6$A(1+"(FX>5R+-!_\!FN6+<2.QK_B/][\?P"`=UY^%I_\=0O. MZ=,/7^W8CE'_.`&CKIZ05O=D6P@/U[\Y#M=,Q^8Z9.+?O#USN<7:2<\+] MY*];-]".2E[IZWUJV% M$HOA_\R8!P"H^G%_5$RX'GWZQR<'K5_[)+IV.Q--^[].U/FOM:OPTY]7H\^/ M!J)VZB2,NGH"_OO-5W'>#P>0:&T@?*C`RG4G_U.7J?C9]2CHTB6ES@V__%<4 M%L:7Q:)1%!85,2/H;AK*7JQ\:5G<=VMO]2UDW=@2Z\-+=3;,5M'SQZ] M=6;MU$,XCVME1%1=1FOG20">?;0!=]^_E"G/&XR__]TTTS/T7M/S]`,9. M_&=T+>V&(RW-6+]V%7Z]:`6V_^7]E+:ON^4NO/#$WA&G9T8,Q%.N&[R]/+?897C^\4?P]Z_W MH/G@?CSWV#)<55F%,WN4X>99]P(`WEW_$OKT'X3#A_Z.4R?;<-/,6LR[:2)^ M]_2KF>QF5D#"1?R>MB<6S<>%(Z_`B(JKL?VO'^#LWGW0HVC6HPR1<#NNGGQ3HJV/MV[&_K]]@7^^>P[$CW^'/?UB*HT>^ MP^.+[L.[ZU_""X\OQYP;?XJ'[YF)HT<.`P!6_?Y^O+UN+0!@ZJQ[\-$'[V+M MBB5XXG=U*.MU+L;\M#+1]F:S^7MP^[P%(DH1+1H_%WW9\ MBFS@M)B;X$&[(]Q4:\LT*3K:%,)&&?(E<@X1+"`D)EQ`2$BXA)"1<0D@H MCYM$-!;#YW_[$A(D0)8!688D!X!`'J1`_"_D0/P.`DG"R9B"0ED"%`5*+`I$ MHU"B42`:@1*+`-$H$(M!412<45*,WN5G>]W%K(&$FX2B*/CLJR_C`P.!/$AY M04C!?$CY!9""!9#R"X"\?$AY04"6D2\'T!Z+`K$HE$@8"+2`EG6].M9K;""]< MO\$2%P4.SD/"=9".=WNH(4_I/"3<#$`>UWE(N`[BYB.'B%1(N!F`/*[S")<. M`\Q[,)Y7T+HYL)7\,#HK+[(T`V]?>9?SK->R5:].3CZMT6H=MT_E"N.3^AOO MMJS:9+6O=D;#O0B1JW*6L]S55S:HP%.XS6 ML.QEO32799/3?=4ZN?.\T]2H'2U[G8GX!11N4C2:4FUAE5+]3E%KXP3OM-]33>NLYPDJ;0JZ4QY4]N65#_-R-.? M)89-)A%/N.JK*-[@RRCX,XF2UA:'Q^4-)*T$C5;[RKLMLT&PG:"9@QR-<=V& M$F!N(YS'S43:RAK:N0.WTVTB8G=?D,>U"(G06TBX%F$%`UIY7,)Y2+@62?>X M$GGA#.)ZC+M__W[4U=5ARY8M^.RSSP#$WW)SWWWW(3\_'\W-S:BHJ$!E9:5! M2_Y"WZ>2A-W&=>%NWKP9E965^."##Q++UJU;A[U[]^+IIY]&-!I%__[],6K4 M*/3LV=.P/3$NSMCMDIP[\?W%6555%8J*BE*6O?;::[C\\LL!`(%``,.&#<,; M;[SAMBE$%N%)C'OHT"&4EI8FOI>6EJ*IJY''+R\O1 MVMJ:^-[:VLH5)@!`)!Q&)!QFKI-D&8%`P!$;S:,DW;I#4NT@&HU"B<72EFL= M0UX\$>Z$"1/P\LLOXZZ[[D(D$D%C8R-6K%C!57?B1>=IKILZ$2 M0D+"S0"Y'"JX!4UK5+7M1GF:UIB.[T?.LA4::/`6$JY%]$5*$G8;X4(%[G.N MT8VJ>C?"]&J3S4SR)&HD^F^ZA0QLZ^L])47X3RN=/J_CL^=R_GK&[7K#LEV6ZO= M^=E\'9[E5FPQ+FN_#1;">EP_PO,()L(92+@6H5MWO$58X9H1B94Y(T:D>U'% M-<_J=5_]B(`QKK5;87@.J-T#K9M5L-E^MHF7!B`$@&)0SB# M>*&"U)D?=#JO[ES>D77I9J]]K\80W,+NOA;:X[HU*<9:6]H!@1.A@I=]]2-" M"]=+TL4H:>9QLUU$7D#"=0QW/2Z1BG@Q+OPS']=O[8L$I<-\A-9L`A*L\Y!P M,P"%"LXC7*B0P,P#*]0ODS%ZBYW#).;CIBQ0V0;5LK0&-,JJX>VKE3<`ZNTW MGO:3R]C<[\()-^WE.#P[0+VS-':>W=RBEF=-'$.MV><\R_26L\H8]-7BW$KM MNCSMLZ<(6X)"A0Q`,:[S".=QX_@SKY!\1D_&>E;7#^-?5FTP'*>T9LYIA!.N MF_A0J^!+*([@-"9<0$B&%F\@L)/]#_&]*UD%K MUCGK"MCDN4L_JZ/1&&,[DGH98[UK?57735HG:6R/V2U)]5E=5[W.`<2+<;52 M*GJI+9X#JJ[#B:+Z+$$_SF5M6S?/RUKD0%]Y4ELL>[G$R]I.\E>='P$O0GI< M/V"4LR7D[W=U8HQP$Q*N1>CMZ=XB7J@`$63!EK7_ M[/5WW5VX:1K>IM\]3E0SB/J[T#K!Y0 MWC;TZL)W4W]"8.,-;;W:6=S:6WQ&VWDS-AMU0XS?;6#V4D[+M@B M>(SK)[2/!"7'G$<\CXO.,Q+OCY:WK%DGD%I>^XGD+&?$XE;OH_7"7FAI6 M7W,N5#![1C);UAF,MVCFA^3OOAKCADT4*EB$??G%AD(%YQ'.XP+ZL["2+VR- MRJF_F_$,K)>72)KKM.W1.[7SK+/:5Z/VC>PP\U`;UO+<"Q5T%,:[4S0SFVYF M%33:-Y.19:VSW%>.NGKE]+;/E<&EK(*_8.5Q*51P'N$\;C*LJW3U\N3U9J_0 MK5@3WX;Q7`7>Y]=IU64M5[?-&X8DAQM&(0`8]5CV&?55Z%!ATJ1):&UM37Q_ M^.&'<>&%%^K6T8H4>$^95D_-O/#&MW;2&H_!4N$.'#D5= M79W%VD;CBR;&'QW!R`^J8=FG9;.;?;5:UTP]K;Y:QU/A[MNW#PL7+H0LRR@I M*<&T:=,0"`0,ZTD&/B5^JE:@?E:7DK1,8:QW-P?*>NJ9OE]+M='9OAK;D;X= M'ONUM^7LOO94N'?>>2'!Q]\4+=.-!Q!.!)FKI-E&8%` M0/,@)2]GEK&U-R5C_V.R?9Z'Y%GNJTEXVU"7BT:CB,5B:>4B8?8QY,73K$*' M:`%@[-BQ>.NMMPSKC!YP#H;W[L;\]WC#(C?-Y:+#QQ%Q'F]8Q#Q6HP><8ZM= MSSSN\>/'T=#0@/GSYP,`=NW:A?[]^QO6V[SC&Q06%S/7R;)LR[?8\TL*5R2: M:]SQZWFX_5;U\>2:S2;52#L(.0` MA%NR2+1KR6UJOQ*UHVV2LW.()UPW%6"K78,8EY2;"LU5\`^=HB6%NHUP'M>W M#A?ZXUY.M)]-V-T7Y'$=0_M04*;!>805KME)*NY[._>>'9;)OIJ=V./5642\ M4$%"XDE_3A]0,T\0M'+`[#RA,-O$:_=IC<()U_SAX;G)Q?S-.^R$%P]F9ZZ: M>5NTF;[R+#>ZT4=O/4_?K".<<./R,K,#^&>GVMVM>ED%MMWF9HL9P]]7ON5& M3D)OO?YWNQ-_A(UQ_8C?XL!LAH3K&-H79)15"0@7G$<[C^MCA&@J4'&XG-.3K&[0/!0G6>83WN$ZF MM=VZ=8I`.C&3+-/;]`HW[!;.X_HER%4TRFM. M)J>)Y*GDVER%SN.O'I/GN31R\[5Z\=KVY^,FC_TG+W.VK\[5L[:MW,OCIK@N MLQ-N#.>'6;(H#L_(&>^$&I8M3O?5;#V]"-MH6\Y'Y\+'N.)B=T)-IG%ZHJ2] MO@KG<7T2XAJ49S_8V<^RS#2Y%RKX2;DJM*8U*NS%N0T-^?J'SF-!@[QN(YS' M];'#U6V7LF&IY/P`A#\AB;H-"=X.^;K3-B_ZIW_*XQI!%V>^1"./2SB&_LM7.*L1MYGE=5*:#"3,3=W@F_>@%19+J MF[V^4JC@&$K2H5!4:P3!ZN0OL^4<0#B/ZU^7:_">,U&&SC(E7LHJ.-NV];+) M>5QV2R+H-E-05L$CS)S^2;#.0QY7U;8=M*ZIS3PH-%<@C^L;XH="F`LQP1'. MX_K7Y79F%10M^9++[80NSIQMVRZLBS.:CYL.A0H^@L*$S$'"=05!!R`$@D(% M5=MVZ^N)E*]]HU:R@]R;C^MKZ1JUX\.Q4\^PUT?QA"O!]CNRDDF>LV2W7;U) M-E;:=WJN6*;FGO%LQ^Z^%B[&=7K'^^5`LA"QKYG:CG#")0A`P%#!O_E0R:&+ ML]R`\KB^P;V74!/I>.IQWWWW7?SI3W]"W[Y]/QN+%BPV%V]867D!A"-1(!:%$@G'_[6? M@M)^$DJX'8BTQY?%8CAU\@3:0N[9+AIVCZ-GPFUJ:D)I:6GB>]>N7='4U&18 M[Z)^O=TTRU7F>6U`%N'9Q5G/GCUQ].C1Q/>C1X^BO+S<*W,(P?#,XXX8,0(' M#Q[$L6/'T+5K5[SWWGN8-&F28;W_V?$5BHJ*F>MD648@$'#:5-\CO;X7G0PX&(.4%`%D&H$")QJ!$8E#"8<1.MB-V M\A1BI\*(G6I'+!R!$HD"L1ABOWH2"!98MBT:C2(6BZ4M;VL+X9(!YUMNUS/A M%A458_L*SW$S;F:S-TZ*3?4TGRX0; M1S+XRRJK]5VK??70LUX]=3DK=O&T[0:9Z*L5LG:N@MOB997E/:!6[7(2J^^= M9'W6*Y?\/?DOS54@+.'3`35NA/.XZI]KQ\6J^J]Z/9*JJ1^NR=J$41D]\U@O M-N5M3R_18-17,W#7TW&/MOHJZI"O'=O6^\UQ"F-W'1J=]H_9X3L-V8T9> MT5NQUDN2A>*W&NUT^;I*P"80G1 M?[S">5RNJQ+6>S6,,$H]J-O0>Y<'JVU>>ZW6=0O6_G:KKR803K@28#QT;N6R MUFSJP@KA0I$3B*F M<,+-%=F:Z:65$30S`Q#^DRV%"D0"L=P!"93>*[E%I7O:ZC4J+,Z67J6VIT-Z@DK4JRM^.[DM0OGKZZ2BK'803 M;DH:1>?`)9TL/*U4CJ3ZH[6!N0W,#C%42^[-F6ZJZ;HVSEJGM4RKGI6VK+ABWCRH MV;XZ">OJS(F^4AZ7L`*EPS(,[X_5W2=O\6_;Z`FE7MK)@]'^MMI72H=IX*48 MS$0:7MGIU':]ZFO6"I?(;DBX.8KH,:Z`PN6-Z[-:;2J55 M3UW.O0%N:ZTZW5?K"'QQQKLC,B!>">G/LT]9IF<#SS+]OEJ1!/_TX/A_*1MS MH*]V;]X13K@N.B%[6,EMNKEMCBIF4((B&?"O?766U%75^?5Y@G! M\4RXFS=OQI(E2Q`*A3!\^'",'S_>*U,(`7%-N-=>>RT.'#B0MGSBQ(E8L&`! MZNOK,7SX<$2C45QQQ14(!H.XZJJKW#*'R#)<$^[Z]>MUUP\?/AP`$`@$,'KT M:+S]]MM:QZE76W998G,6Y961D6+%B`;=NVX?#AP_C^][^/VVZ[C:ON@>9O M45Q#!> M>.$%2W6#P2""P:##%N4>F1HY"P0"S/#-[C&DD3-"2&CD+`NPLC]$'SDCCTL( M"0F7$!(2+B$D)-P
;C$D(B^@4N914(7?R:51!.N,P]:>8-3EH/N=.K9_2R M$S/;9+6G]3(05KMVWE:E:H:+COWM=%]MD@6A@I0T5*OE'R1562FUO-$+@E/: M5RW7K*O>II:]J44[;6-T@ZNO?)BNZ4I?K2.>QTU@(#9-=Z6UGM<-LURNECU: M[:A=&.OYIF!\9]GM-FJ7J[;!:E_M(:!P>3P-KY#UZO*49Y75^D'HV:.U33,V MN(W;?36'T*&"E@FU59OL]D5HCTOD M+B3<',6/H8<92+B$D)!P"2$AX1)"0L(EA$2X=!@@_H4%+[QC3&[N#WL#R_KM MVD$XCYLKH@5RJZ]F$4ZX&8/E:MQT/0Y-/O$U#O91R%!!<_Z,>@X':XZ*T=1$ MHZF%O'-Q6&6TWC%LM`VC=BT(P=2TQHZ_;O35(N()UV@\U.RD,;WO/&.=9LH8 MV6-VSHJ7\VN,RICMJTDH5,A11(](2+@Y"MTL20@)>5Q"2$3WN,)=G+F5$"?8 M^'4`0CCA$NGD7W`9`CW.`20)DBQ#R@M`"@3B?_,"0%X@OER6H(1/`($@9#D/ M2BP&)1J#'(E""4>@1*)0HE$HT1@04P!%`7SZA'<2;A90,'@4,'B4UV9D%(IQ M"2$AX1)"0L(EA(2$2P@)"9<0$LHJ",CMU;=ASYX]B>]??O$%EJ_X=_QTPH24 M<@?VQLI5JP``[[__ M/EY<%W\C4N7UDW'9993^84)%P!&3?N*MQ0504` M4!0%UUQ]-<9?>VU:N86CI4JQ>LP:*HN"6J5-QV8LOXI%'EN&&JBK?B!:@4$%(.D0+ M`*^^\@I^,OX:YLL)S^[5"TU-AP``S>8:Z[ MXXX[\?.J*OQJY@Q\_/''N/ONZ9!E&3MW[L3FS>^AX:&'L?JIIU+J_.:!!_'' M1_\`698QOVX!9DZ?CD=6K,"##_P&[>WMN*'J1@P:-"@#/=-'4A3%]_,M0J$0 M2DI*``!'CA[3?"5J-K-JY4J\N&X=`&#=2R^AH*``6[9LP6NOOH+ZA8N8=:9, MGHRK?_(3W%9=C1,G3F!@_Q_A^74OXIT-;Z.]O1U=NG3!A]L^Q%=_^PJ3)T_& MW=-GH+"P,%'_]TL6X_SS^^'8L6.091G73YZ,*9,GX]777[?=GU`HA&ZE\9#E M^/'CIH^ID![7S%T@1@__5C^YM>.S5ELP**/>II:]1G?^J.M65U>CNKHZICMK:>Q+M M_^=33^&]]][#G#DU*6U_]OGG^.233S%[3@V6/[(,_?K]`$5=NJ"]O5VS'V;Z MFK-W^>H=;+WRK+^LSUK;YIDMI=6VGEU:V](J\\677Z*HJ`O./OOLE#K5M]V& MMTZ_F;ZAX2$\]>236+2P'C-G3,>DZZ[#Y:-&)F\.%GVRVFPYS;>0L&HUBY\Z= MJ*BH0%-34\JZ>^^]%R-&C$!U=35V[-B!JJHJ-#8V.F\$Z^%K?L>JS2+VU0:N MA0J!0``WWWPS)/7[;P&\_OKK&'5Z!&?`@`'XYIMOL'?O7K=,L8[5H1X[0T1> MB<^+OMK`EL>]]MIK<>#`@;3E$R=.Q((%"S3K-34UH;2T-/&]M+0434U-..^\ M\^R8DXY9$:B]%FLB@]6VW*XK:E\M8DNXZ]>OMU2OO+P2`C$`@8/RL5BVTGNFJ1NL1FAUEM;8G::Q7VZJU M3:UG`+O=5[VR!GV-1J*(Q6)I=<.1,*>A;%R?'<:Z]ILP80+>?_]]#!PX$)]_ M_CG..><<76^;W$:/[M_3+#=O7BUJ[[FGP4XNHUX&C?5)!ZSCQQ,*A=@7 M.NH#;B0`O65FUNGTM4,LNC9WU#'S(]#IZ\+Z>BQ:M%"WNI7\@*M9A94K5V+M MVK4(A4*X\<8;,6-&_'ZG(T>.8/;LV>C;MR]V[]Z-N7/G8N#`@9KM'#ITB-LC M$^+1U-2$LK(R4W6$F!U&PLUNLE:XL5@,+2TM`("BHB)FIH(0"T51T-;6!@#H MT:,'\YXY/800+D&HH2%?0DA(N(20D'`)(2'A$D)"PB6$A(1K0$5%1>+SUJU; M,6;,&-QUUUTI91YYY!'<<<<=6+)D"29-FH1WWGDGTV:FP&-S!ZM7KS:=BO(# M0CX0Q`OTIFF>.G4*RY68:9,F0)`?YKFG#ES4%!0``#8O7LWA@P9DE$;U?#8?/CP82Q;M@QU M=766Y@IX#7E<`Z9-F\95KKFY&0L7+L2V;=NP>O5JEZW2Q\CF6"R&V;-G8_'B MQ?'9=`)"PG6(L\XZ"PT-#=B[=R]&CAR)'3MVI,PY]A.-C8T(!H-X\LDG$\L6 M+UZ,BHH*7'KII1Y:Q@\)UR2LT^J2)4LP9\X<`$"O7KUPXL0)?/OMM[X1KMKF MBR^^&(\E/2NLMK86-34UZFJ^)K!`[U8%(H65*U=B_?KU^/KKKQ$*A?#C'_\8 M`/#<<\]APX8-^.BCC[!JU2I,F3(%UUQSC5^QV:9$,("645""$AX1)"0L(EA(2$2P@)"9<0$A(N M(20D7$)(2+B$D)!P"2$AX1)"0L(EA(2$2P@)"9<0$A(N(20D7$)(2+B$D/PO 4GPV.=\.JA(\`````245.1*Y"8((` ` end XML 76 R107.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares MSCI Global Metals & Mining Producers ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI GLOBAL METALS & MINING PRODUCERS ETF
Ticker: PICK                    Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Global Metals & Mining Producers ETF (the “Fund”) seeks to track the investment results of an index composed of global equities of companies primarily engaged in mining, extraction or production of diversified metals, excluding gold and silver.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. “Acquired Fund Fees and Expenses” reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (“NAV”) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses attributable to the Fund's investments in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. until December 31, 2015. The contractual waiver may be terminated prior to December 31, 2015 only upon written agreement of the Company and BFA. During the most recently completed fiscal year, the amount of such expenses incurred and fees waived rounded to 0.00%.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination December 31, 2015
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 18% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 18.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (“NAV”) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI ACWI Select Metals & Mining Producers ex Gold & Silver Investable Market Index (IMI) (the “Underlying Index”), which has been developed by MSCI Inc. (“MSCI”) to measure the combined performance of equity securities of companies primarily involved in the extraction or production of diversified metals, the production of aluminum or steel, and in the mining of precious metals and minerals (excluding gold and silver) in both developed and emerging markets. MSCI begins with the MSCI ACWI Investable Market Index (IMI), and then selects securities of companies that are primarily focused on extraction and production of aluminum, steel and diversified metals and mining. The Underlying Index excludes companies that are included in the MSCI ACWI Select Gold Miners Investable Market Index (IMI) and MSCI ACWI Select Silver Miners Investable Market Index (IMI). The Underlying Index may include large-, mid- or small-capitalization companies. As of June 30, 2014, the Underlying Index consisted of companies in the following 35 countries or regions: Australia, Austria, Belgium, Brazil, Canada, Chile, China, Egypt, Finland, France, Germany, Greece, Hong Kong, India, Indonesia, Japan, Malaysia, Mexico, the Netherlands, Norway, Peru, the Philippines, Poland, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Kingdom and the United States. The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's NAV, trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in companies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those companies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Materials Sector Risk. The Fund may invest significantly in companies in the materials sector. Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.

Metals and Mining Industry Risk. Companies in the metals and mining industry are susceptible to fluctuations in worldwide metal prices, and extraction and production costs. In addition, metals and mining companies may have significant operations in areas at risk for social and political unrest, security concerns and environmental damage. These companies may also be at risk for increased government regulation and intervention. Such risks may adversely affect the issuers to which the Fund has exposure.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk, Australasian Economic Risk and European Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Australia. Investments in Australian issuers may subject the Fund to regulatory, political, currency, security, and economic risk specific to Australia. The Australian economy is heavily dependent on exports from the agricultural and mining sectors. This makes the Australian economy susceptible to fluctuations in the commodity markets. Australia is also dependent on trading with key trading partners.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Year Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the period shown above was 19.37% in the 3rd quarter of 2013; the worst was -15.89% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2013)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI Global Metals & Mining Producers ETF | iShares MSCI Global Metals & Mining Producers ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.39%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.39%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets none
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.39%
1 Year rr_ExpenseExampleYear01 $ 40
3 Years rr_ExpenseExampleYear03 125
5 Years rr_ExpenseExampleYear05 219
10 Years rr_ExpenseExampleYear10 $ 493
2013 [1] rr_AnnualReturn2013 (7.53%)
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2014
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (6.74%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 19.37%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (15.89%)
One Year rr_AverageAnnualReturnYear01 (7.53%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (8.55%)
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2012
iShares MSCI Global Metals & Mining Producers ETF | Return After Taxes on Distributions | iShares MSCI Global Metals & Mining Producers ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (8.37%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception (9.06%)
iShares MSCI Global Metals & Mining Producers ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI Global Metals & Mining Producers ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (3.73%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception (6.42%)
iShares MSCI Global Metals & Mining Producers ETF | MSCI ACWI Select Metals & Mining Producers ex Gold & Silver IMI (Index returns do not reflect deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (7.56%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (8.66%)
[1] The Fund’s year-to-date return as of September 30, 2014 was -6.74%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 77 BarChart12.png IDEA: XBRL DOCUMENT begin 644 BarChart12.png MB5!.1PT*&@H````-24A$4@```'@```%;"`8````>*TK^````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``&_M)1$%4>)SMG7MP%%6^Q[\] M,TE(0GCGP2.71Y4KR+*">`5$"6@IK!@!,0;4O>RN6Y;6@L@NX1%`E&!@";B( M7&&OZZZ6"/>B;BT7T;78+743!-F+6_)85"@V03&;$!X9,I/'9+KO'Y,99OHU MW=.G9TZ?G$]J*M/=I\_Y=7_[//H\?B-(DB2!PRRN5!O`L18<;C`C,,%9APN,.-P@1F'"\PXGE0;D`BB***IJ0D`D)65!4$0 M4FR1/4B2!+_?#P`8,&``7"[S^=&1`C=$;7=V!/#0^&%XY_-: M>-+28N-5.T_-#I5X58])0)O?CWD3;U!,+VTM1[`\*X$VQF.%#@&N8"2QGZU\\+W M3'Z#C:2EE7/U;#,23B^^!'!^'2Q$?>3;T?NB_\N+4'GN$E2VH;%/S9;H-/3" MJMFO%W\".#\'RU$3"W'V&:A_%6G(XXS&3/IZ#P(!D9V?@^4D>E/,W%R2K]U: MC3!"L"10Y M"<$%9APN,.-P@1F'"\PXCA=8KT=2K0<0.F&CSU&+5WZNUCZ]\XQT?FFED0C, MO"9I"2;_;O0.NMMS!\^'#4U]=CRY8M2`NOCN]B[]Z]J*ZNQH`!`]#9V8F*B@KC M">A-=$H6>BL1K<1#($[!3I?^?K\?HT:-PJE3I]"S9T^L6+$"^?GY6+)D223, MA0L7,'7J5'S]]=<0!`'SYLU#:6DIYLR9HQFOS^=#SYX]`0#[3EY`9E:V79>0 M4EK]/LSZ_F``0$M+"[*SS5^GK3GXR)$C*"@HB(@Q9H5V<[)R4%#0T-,F,;& M1N3DY.B&T:/TMANL&\HPMC:R"@H*X/5Z(]M>KU?AWRH_/U\1IJ"@P$ZSNA6V MYN`)$R:@OKX>UZY=0TY.#O[ZU[]B]NS9"`:#^.Z[[U!86(CITZ>CLK(2HBC" MY7*ANKH:\^;-,YS&[D__$7*CI(+@EP]TB' M*ZL'7)D9<*6GPY7F1JP?$0"=:!HY" MW?1?&$XW&`Q"$D7%_K96/QZY_2;#\:AAJ\!965EX\\TWL63)$@P=.A2MK:U8 MN'`A/OGD$ZQ:M0J'#Q_&H$%E9B46+%J%?OW[XWO>^A]FS9QM.HV>OWL0: M65D9Z-A.*P'$,+""V/SIF+$'MN]Z^^(<,PXMHQN$",PX7F'&XP(S#&UDVP7NR&(/&APS@ M`A.#=W38A9$R.DD=Q9ISLA*%S\DR2!+$E3]G@N4IN%9C".'X'"P0NQ76GP-Y M+Y9UN_B\:&K@PX6,0Z.X``,"TW)CK;:B[;H.Q]?!`!TBRU^^^TZQ_X$''D!C8R,*"PLC^WKUZH4+%RY833*&SD``G8&`ZC&SCM"L$.[) M2D1D+4=H6M=E!LL"'SAP0//8VK5K8]P4-CF*^ M*@?NWXCL"R>O.R/-S+CNC#0CO,%D:0ORKB[9) MIDOFT75\#M;N=%8+H[6MM<\JR7NXM'"\P*K/>2(ST`G?7\&(#8KU+K';5*QL M2#E:)1D-%;,1&^*-+%F$D3HX]=#P/*GA^!PJU\ MDG8[7N`PM/5UZ$WRU/NNMFT%1HMH6MNT0+)M_?BV+%CV+QY,^KKZ[%W[UY#`GO2TI!&B:>[1'&[W:I5 M28![N@..G&M$5@(>X-3H_8=*9'QS0M?373`M$^Y.I:<[T=\.L0`2]W3'FZJ$H#67<($)DJC(B8P9&\7Q7974NC(T&9EJ<`+7 MY7B!0\@G[$BR?>']6I"9T*/T=&AP M?`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`:F[!F(.L3)H+SBVA!@!!N;B9#9(--6T$13NV'W&4K,(388\HXS,-. M#DXQ\?NB];*H3=D7#`BL=2ODMT^OX4-#=Z?:8$G*I^S0@A&1XX6UFA9@O2_: MCA$QQ^=@6J"A%%##^3E8Y\Y&-V'D^R6-_XFB\'RI8Y/6+SS))PVD?-HL+232 M%2TO#DD4W:)LVX@]I.V0PXMH@M!81'=K@4D*0G+*#DF['%]$6VW2$&B MR.=]T11!8_$,,)"#8QYU-?\K\9K)T?LMSNA0V*37-+?W1T9I MU'ZK1;2BH\-L4UH>A,_HX,3#\3F8GB'_Z(X*>H;\'2\P35V$?%XTX]#RH$7# M!;8(K6N2PCB_B"8T!QE0Z>PW>$Z8F$EW?%XT>_`BFG%H+*Z=7T2#GIPC'^LE M$9]5>`XV`"T/4"*DW)5AF%.G3F'BQ(DX<.``IDR98J=9IJ%UY:`14N[*$`BY M5=J\>7/$"X\9(BU6J4L(`9"DJ+[^KNUPV.@3P^$`\O5GI"]:-A='RY>(XB$2 M*"^BM5P9RI$D"65E97CAA1?@\23PO$4-)D3FOPO*[?"^Z$H[>A^I5RTUNR+_ MA5C;%.G+[$OYG"P2K@RKJJHP?_Y\#!HT"$!(<#-P3W?ZI-2587M[._[^][]# MDB1\]MEG.'_^/';OWHVFIB;,G3O7D`TC!N9J'ENV:@U6K'[64#PD2*2C!`"J M-KR`32]4D#8'@(UU<'%Q<8S?YYJ:&NS8L0-`J,X-!H/HV[CDF3)AE*)RTM'6EIZ8C?UE5;_(4X MYY@C-O=J33-1AG&[/7"[E?:GI5DOHAWORO#;IN:$7/RIT;'K>4C__$+7E:&4 MG@4AT*KKRE`8?C/2'UMKV1Z?SXI->^J';G M5<;JB(H<'B$"%%D[>AA1\:X<)CR\F>K1)&J(=R/DQ[6V+=Q0S2):*TZ]-`EF M;UY$$X3&>MCQ.=A(O69TRHW5C!/=$\I?DP@2[X8FHT%CM1_;+I@0F!9H?!?F M`C,.@P(GTB2V7FLJBV>UIKJ@\IU,^EHPT,@*_!5I MZ34+!=F6==$=+W!"#[\-F<7T>[`1^'@P)QY<8,9Q?!%-RWBP'-[1P4D*7&#& MX0(S#A>8<7@C*X'TM/;3Z`C-\0+3THS6[+#2^SVL>/".#GK0[`&--YO$9KC` MA*!Q+!C@`C./X^M@DE4PG[+#<1Q<8,;A`C-.RCW=U=;68L:,&1@X<"``8.#` M@=B]>[>=9MD"K;,J4^[I3A`$K%RY$@L6++#+E*1`H[B`C0)K>;I3]@!J.G(8K.KDH2GN]S<7#S__/,8/7HT_'X_QHX=BS_^ M\8^XZ::;#-D0"`00Z-3Q=.=RJ]\I&SR,1@26/W5Q?I1+X>FN*R*MZS)#2CW= M`4!65A9&CQX=^7[++;?@XX\_-BQP06Y_S6.KUCR+-6O70KFD4+ZT+^I0@J@7 MT?*THO^'_TFH7+\>+U2L2SQQ'6QK11<7%^/0H4.1[9J:&LR:-0M`R-/=E2M7 M``!OOODF3IX\&0EWYLP9W'CCC8;3^5?3)5QK;5?]E*]>W15*WOT@GY],)BLK M8U$KM)5+QLM7KXZRNRWR_5]-ERS;E')/=X6%A:BHJ,"X<>/PS3??8.[I46]*G]=5%C@#!-CN9[XM.5@O;:BO:KG7@O">+$+26%%Q@QN$",PX7 MF'$8-*##7(?W;0+&`]>!\LPXI8I M6?#WX#!ZO03Q/,WIA2%%HO$3L,OQ1;1N%Y(@"Z-7@6J%B4;M=^GD^]3B-K+? M)IPO,&#LII$(HU8JQ"LIS*1O`VP4T1Q-N,",PP5F'"XPXSB^D47+K$H[X._! MG+AP@1F'"\PXCJ^#$Z&]O1W+RI9BT*!!.'?N''[TH__`'7?>J0CWQNNOX]57 M_PL]>H2&_Z9/GXZR97E&#MN+*Y[WTMES_U3L/_I_QZ2];[\3 MV9X^?8;T^]??D`)!49HU:[9TU7M-NM+LE6;-FBT%@J)4M65+3'BCGZO>:Y'K M;&EI2>A>='(X<,H4IF^^\I_;D=!00&\7B]^ M^OC/4%A8B''CQL6LL1)%$;UZ]0(`].G;!TU-31!%$?WZ]\/77W^-$\=/X)EG MEB3EVN1T2X$;&QJ0TR4($%HWU=C8J`@WI:@(/[SO/N3FYN+$B1.XY^Z[<.+4 M/V(FVA\^?!C9V=EXH&O5QKJ*]=BYXQ6X7"X\N_8Y+%ZT"-NV;\?ZBG7HZ.C` MO/F/&%Z60X)N(_#O7GL-?WCW70!`K]Z]X6UNCASS>KW(S\]7G#-LV+#(]S%C MQJ"EI05GSY[%J%&C``!'CQ[%;U]]%6_MV1,)-VC0(*RK6`\`V%RU"8\^]AC^ M?/`@A@X=AH=*2E!:4H+_?>\].RY1E6[3BO[IXX_CO???QWOOOX^''GH(GWX: M6C=U]>I57&QLQ(2)$P$`WW[[+0*!T*J^U:O*T=G9"0"X=.D2VMK:,&3($`#` MGP\>Q)[=;^'5W_X6+I<+[[[S3DQZIT^?QLF3I_#@W+EH]C:C?__^R,S,1$=' M1[(N&0`@2))$ZYQM37P^'WKV[`D`N.J]ANSL;%/G=W1TH&SI+Y&7EX?:VEHL M^/%/(FN99]Q[+Q8]_31FWG\_MF]_&2>.'\>($2-PZM0_4%I:BIGWWX]CQX[A M[FE3\>^WW09)DB"*(FZYY19LWO(B@-!RT`=GS\;O7G\=_?OW1T-#`YY;^RSR M\_,Q>O3W4?+PPX:OLT^O'`!`2TN+Z>L$NJG`3H&$P-VFB.ZN.+Z1I;;J5C[[ MQLQ,''DX>3QZ:>G\4JQFO'KQD\#Q`@/Q9]`D,A-'+VZM\\RL$-2SDZ2W/%Y$ M4PC)',P%9APN,.-P@1DGY:X,`>#@P8/X]--/D9Z>CH\^^@C;MFW#R)$C[32M M^T!J"$_.T:-'IV)TZ<*'W^^>>*<'5U=5)Q<7',]M6K5W7CCAXN;/9> MDSJ#(I.?9@+#A;85T5JN#.7LV;,'N;FY^/6O?XWUZ]>CNKH:O7OWMLLL2P2# M03S__',(!H.I-L4P*7=E6%=7AYJ:&OSF-[^!Q^/!O??>BZRL+,R9,\>0#8%` M(#(X(,?EM07KZ*:+P*5X9=:%V7&5+NRK!/GSX8/WX\ M/)Z0*9,G3\9''WUD6.`!_?MI'EOS[+-8N_8Y0_$0(P'G7.O75Z!B':.N#.^Y MYQZ<.W4_4V7+IM,7"5Z2;)O-&G;MFTX?_X\)$G"B!$C\/.?_QP`4%%1$7%E M"`"5E96X?/DRLK.S36J.'DVRV;5=(!!`9H\,M+:UQ[I/ MM"E=G\^'WMU]N+!9:[A0ZZ;'$T-MI*"+B,#M[4CSR/QCZJT5-DM7'"0$=N1@ M0_0SZ?/[0E_,W&"EP]?8.-3"2]<;/;X6']+2TY0+P>.EIY4F5(X+(8$CNQ/, MAXX4V._W1[X/4FFXV8U>P\XN_'Y_I-0R`^^J9!Q'UL&B***IJ0E`R$N\(+"Y MOE"2I$AI-6#``+A&IIYZ*";-MVS8\\<03J*JJPNS9L_&7O_PEV68:PI$]6.'4N1I=KP'*Q":6DI M`,#M=F/!@@6J'2EE967(R,@`$/JUMC%CQB351J/P'*S"DT\^:2C'29,FX XML 78 FilingSummary.xml IDEA: XBRL DOCUMENT 3.2.0.727 html 114 79 1 true 73 0 false 2 false false R1.htm 000000 - Document - Document and Entity Information {Elements} Sheet http://www.iShares.com/role/DocumentDocumentandEntityInformationElements Document and Entity Information 1 false true R2.htm 000011 - Document - Risk/Return Summary {Unlabeled} - iShares Emerging Markets Corporate Bond ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEmergingMarketsCorporateBondETF Risk/Return Summary - iShares Emerging Markets Corporate Bond ETF 2 false false R7.htm 000019 - Disclosure - Risk/Return Detail Data {Elements} - iShares Emerging Markets Corporate Bond ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEmergingMarketsCorporateBondETF Risk/Return Detail Data - iShares Emerging Markets Corporate Bond ETF 3 false true R8.htm 000021 - Document - Risk/Return Summary {Unlabeled} - iShares Emerging Markets High Yield Bond ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEmergingMarketsHighYieldBondETF Risk/Return Summary - iShares Emerging Markets High Yield Bond ETF 4 false false R13.htm 000029 - Disclosure - Risk/Return Detail Data {Elements} - iShares Emerging Markets High Yield Bond ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEmergingMarketsHighYieldBondETF Risk/Return Detail Data - iShares Emerging Markets High Yield Bond ETF 5 false true R14.htm 000031 - Document - Risk/Return Summary {Unlabeled} - iShares Emerging Markets Local Currency Bond ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEmergingMarketsLocalCurrencyBondETF Risk/Return Summary - iShares Emerging Markets Local Currency Bond ETF 6 false false R19.htm 000039 - Disclosure - Risk/Return Detail Data {Elements} - iShares Emerging Markets Local Currency Bond ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEmergingMarketsLocalCurrencyBondETF Risk/Return Detail Data - iShares Emerging Markets Local Currency Bond ETF 7 false true R20.htm 000041 - Document - Risk/Return Summary {Unlabeled} - iShares Global ex USD High Yield Corporate Bond ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesGlobalexUSDHighYieldCorporateBondETF Risk/Return Summary - iShares Global ex USD High Yield Corporate Bond ETF 8 false false R25.htm 000049 - Disclosure - Risk/Return Detail Data {Elements} - iShares Global ex USD High Yield Corporate Bond ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesGlobalexUSDHighYieldCorporateBondETF Risk/Return Detail Data - iShares Global ex USD High Yield Corporate Bond ETF 9 false true R26.htm 000051 - Document - Risk/Return Summary {Unlabeled} - iShares Global High Yield Corporate Bond ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesGlobalHighYieldCorporateBondETF Risk/Return Summary - iShares Global High Yield Corporate Bond ETF 10 false false R31.htm 000059 - Disclosure - Risk/Return Detail Data {Elements} - iShares Global High Yield Corporate Bond ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesGlobalHighYieldCorporateBondETF Risk/Return Detail Data - iShares Global High Yield Corporate Bond ETF 11 false true R32.htm 000061 - Document - Risk/Return Summary {Unlabeled} - iShares Core MSCI Emerging Markets ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesCoreMSCIEmergingMarketsETF Risk/Return Summary - iShares Core MSCI Emerging Markets ETF 12 false false R37.htm 000069 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core MSCI Emerging Markets ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesCoreMSCIEmergingMarketsETF Risk/Return Detail Data - iShares Core MSCI Emerging Markets ETF 13 false true R38.htm 000071 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI BRIC ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIBRICETF Risk/Return Summary - iShares MSCI BRIC ETF 14 false false R43.htm 000079 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI BRIC ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIBRICETF Risk/Return Detail Data - iShares MSCI BRIC ETF 15 false true R44.htm 000081 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Colombia Capped ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIColombiaCappedETF Risk/Return Summary - iShares MSCI Colombia Capped ETF 16 false false R47.htm 000089 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Colombia Capped ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIColombiaCappedETF Risk/Return Detail Data - iShares MSCI Colombia Capped ETF 17 false true R48.htm 000091 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Emerging Markets Asia ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIEmergingMarketsAsiaETF Risk/Return Summary - iShares MSCI Emerging Markets Asia ETF 18 false false R53.htm 000099 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Emerging Markets Asia ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIEmergingMarketsAsiaETF Risk/Return Detail Data - iShares MSCI Emerging Markets Asia ETF 19 false true R54.htm 000101 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Emerging Markets Consumer Discretionary ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIEmergingMarketsConsumerDiscretionaryETF Risk/Return Summary - iShares MSCI Emerging Markets Consumer Discretionary ETF 20 false false R59.htm 000109 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Emerging Markets Consumer Discretionary ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIEmergingMarketsConsumerDiscretionaryETF Risk/Return Detail Data - iShares MSCI Emerging Markets Consumer Discretionary ETF 21 false true R60.htm 000111 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Emerging Markets EMEA ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIEmergingMarketsEMEAETF Risk/Return Summary - iShares MSCI Emerging Markets EMEA ETF 22 false false R65.htm 000119 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Emerging Markets EMEA ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIEmergingMarketsEMEAETF Risk/Return Detail Data - iShares MSCI Emerging Markets EMEA ETF 23 false true R66.htm 000121 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Emerging Markets Energy Capped ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIEmergingMarketsEnergyCappedETF Risk/Return Summary - iShares MSCI Emerging Markets Energy Capped ETF 24 false false R71.htm 000129 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Emerging Markets Energy Capped ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIEmergingMarketsEnergyCappedETF Risk/Return Detail Data - iShares MSCI Emerging Markets Energy Capped ETF 25 false true R72.htm 000131 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Emerging Markets Growth ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIEmergingMarketsGrowthETF Risk/Return Summary - iShares MSCI Emerging Markets Growth ETF 26 false false R77.htm 000139 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Emerging Markets Growth ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIEmergingMarketsGrowthETF Risk/Return Detail Data - iShares MSCI Emerging Markets Growth ETF 27 false true R78.htm 000141 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Emerging Markets Value ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIEmergingMarketsValueETF Risk/Return Summary - iShares MSCI Emerging Markets Value ETF 28 false false R83.htm 000149 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Emerging Markets Value ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIEmergingMarketsValueETF Risk/Return Detail Data - iShares MSCI Emerging Markets Value ETF 29 false true R84.htm 000151 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Frontier 100 ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIFrontier100ETF Risk/Return Summary - iShares MSCI Frontier 100 ETF 30 false false R89.htm 000159 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Frontier 100 ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIFrontier100ETF Risk/Return Detail Data - iShares MSCI Frontier 100 ETF 31 false true R90.htm 000161 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Global Agriculture Producers ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIGlobalAgricultureProducersETF Risk/Return Summary - iShares MSCI Global Agriculture Producers ETF 32 false false R95.htm 000169 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Global Agriculture Producers ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIGlobalAgricultureProducersETF Risk/Return Detail Data - iShares MSCI Global Agriculture Producers ETF 33 false true R96.htm 000171 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Global Energy Producers ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIGlobalEnergyProducersETF Risk/Return Summary - iShares MSCI Global Energy Producers ETF 34 false false R101.htm 000179 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Global Energy Producers ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIGlobalEnergyProducersETF Risk/Return Detail Data - iShares MSCI Global Energy Producers ETF 35 false true R102.htm 000181 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Global Metals & Mining Producers ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIGlobalMetalsMiningProducersETF Risk/Return Summary - iShares MSCI Global Metals & Mining Producers ETF 36 false false R107.htm 000189 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Global Metals & Mining Producers ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIGlobalMetalsMiningProducersETF Risk/Return Detail Data - iShares MSCI Global Metals & Mining Producers ETF 37 false true R108.htm 000191 - Document - Risk/Return Summary {Unlabeled} - iShares Currency Hedged MSCI Emerging Markets ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesCurrencyHedgedMSCIEmergingMarketsETF Risk/Return Summary - iShares Currency Hedged MSCI Emerging Markets ETF 38 false false R111.htm 000199 - Disclosure - Risk/Return Detail Data {Elements} - iShares Currency Hedged MSCI Emerging Markets ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesCurrencyHedgedMSCIEmergingMarketsETF Risk/Return Detail Data - iShares Currency Hedged MSCI Emerging Markets ETF 39 false true R112.htm 000201 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Global Gold Miners ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIGlobalGoldMinersETF Risk/Return Summary - iShares MSCI Global Gold Miners ETF 40 false false R117.htm 000209 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Global Gold Miners ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIGlobalGoldMinersETF Risk/Return Detail Data - iShares MSCI Global Gold Miners ETF 41 false true R118.htm 000211 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Global Silver Miners ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIGlobalSilverMinersETF Risk/Return Summary - iShares MSCI Global Silver Miners ETF 42 false false R123.htm 000219 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Global Silver Miners ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIGlobalSilverMinersETF Risk/Return Detail Data - iShares MSCI Global Silver Miners ETF 43 false true R124.htm 000221 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Russia Capped ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIRussiaCappedETF Risk/Return Summary - iShares MSCI Russia Capped ETF 44 false false R129.htm 000229 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Russia Capped ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIRussiaCappedETF Risk/Return Detail Data - iShares MSCI Russia Capped ETF 45 false true R130.htm 000231 - Document - Risk/Return Summary {Unlabeled} - iShares Emerging Markets Dividend ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEmergingMarketsDividendETF Risk/Return Summary - iShares Emerging Markets Dividend ETF 46 false false R135.htm 000239 - Disclosure - Risk/Return Detail Data {Elements} - iShares Emerging Markets Dividend ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEmergingMarketsDividendETF Risk/Return Detail Data - iShares Emerging Markets Dividend ETF 47 false true R136.htm 000241 - Document - Risk/Return Summary {Unlabeled} - iShares Latin America Bond ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesLatinAmericaBondETF Risk/Return Summary - iShares Latin America Bond ETF 48 false false R139.htm 000249 - Disclosure - Risk/Return Detail Data {Elements} - iShares Latin America Bond ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesLatinAmericaBondETF Risk/Return Detail Data - iShares Latin America Bond ETF 49 false true R140.htm 000251 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Emerging Workforce ETF Sheet http://www.iShares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIEmergingWorkforceETF Risk/Return Summary - iShares MSCI Emerging Workforce ETF 50 false false R143.htm 000259 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Emerging Workforce ETF Sheet http://www.iShares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIEmergingWorkforceETF Risk/Return Detail Data - iShares MSCI Emerging Workforce ETF 51 false false R144.htm 040000 - Disclosure - Risk/Return Detail Data {Elements} Sheet http://xbrl.sec.gov/rr/role/RiskReturnDetailData Risk/Return Detail Data 52 false false All Reports Book All Reports isi-20150622.xml isi-20150622_cal.xml isi-20150622_def.xml isi-20150622_lab.xml isi-20150622_pre.xml isi-20150622.xsd BarChart1.png BarChart2.png BarChart3.png BarChart4.png BarChart5.png BarChart6.png BarChart7.png BarChart8.png BarChart9.png BarChart10.png BarChart11.png BarChart12.png BarChart13.png BarChart14.png BarChart15.png BarChart16.png BarChart17.png BarChart18.png BarChart19.png BarChart20.png BarChart21.png true true GRAPHIC 79 BarChart7.png IDEA: XBRL DOCUMENT begin 644 BarChart7.png MB5!.1PT*&@H````-24A$4@```9<```%;"`8````93,/"````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``(`!)1$%4>)SMG7><%$7:QW\] ML[,L:GWC]T=9GH[5/=4SW3/_KY^<*>[*SQ/U=/U M=%5752NJJJH@A!!")!)(MP"$$$(R#SH70@@ATJ%S(800(ATZ%T(((=*A7/R`J%]&6)S\/L MG%$^9O'-]-7#2C<`%15Q.F7%Z617GW@9M?F*U*>1_/'HE5W\;S5.GR]^1E9V MR+`N#>4R*S.CZU9IZH6Q8;LQN_LBSNYLVJZ0+"FT7<-[24\NO3SUY!&1W47; M3=`I2Z.3@.T:GI-HNP`+YQ+_CB6G7CWDU*M?,Y#5S:(U M%KU/I-F]T4UNB$I9Z^O?$'HRQ.M#>J5BX1]!H=J[B2;#>F4_WZQ@\UVC2=OKY,D>W6J"<' MMFMIIRFVW8J0CDYZZ5NA9Q>R;#(9R:DGDUYX(WF,XIHA$B8^K%5XK;[:?,P:2[.RU$O'Z%Q\.HK! M>;-TK!ISJW-6\FIO=C_8KIFM^=5VC?2@[1KGDR2^Z+DDH/6NUD\9>@V$-JQ16O'GC)YL]>31YFM49D9/>48WF+9^K,)K M9=?J;"2+GA[:OT8WC5%=&3U9ZS5"1CIIP^O5LU=MUZQ1K0[G1]L5M<54V*Z5 M[7G!=B4X&?\Y%[V"-;HA]*Z;&:G1.;,;3R0]$4,S:FBT\>PV2'J(ZFL4UTY9 MFMWH9GI8Z6"47S5F3W=&:9C9B=FQ7EZB=N*6[1K9ETA-,L5W1=(S"R[9= M*TO7JA?[]^P,`MFW;AADS9N"88X[!IDV;,&?.'+1NW=I9YF8W9S7)%I39S2.+ M9!M3O^&V'GJ-FITX3O*QDY=H6-JN]_""[9KUUISD8Y:70Z0XEP\__!#]^_?' MQQ]_'#OWP@LO8.O6K7CZZ:<1B430I4L7G'/..'*JJXN#!@\C)R4%I:2F`ROUK1+CRE`Z&UZX=/&;9?%?2=LVY].G3!R^]]!)&CAR)BHH*K%^_'BM6K$`H%,(EEUR"-6O6X,(+ M+\0''WR`WKU["V^,MOK+G_4740(9W\TDA!"97#-J(@;>-+[&^8-EI:8/\B)( M<2[OO/,.GGWV6>S>O1OSYLW#B!$CT+]_?ZQ?OQ[3IT]'45$1%BQ8$-M\\H$' M'L"T:=/PR2>?8//FS?C;W_XF+G`H9+[JG1!"B!#!8!#0>94@HXU55%65N";3 M'4I+2]&@00,`P$M?[S#LN9":K'GKGUCSQC_1J=OQV/#E)Q@T;BI:'-$&#\V] M`VTZ'HU=O_V*8WYW"BZ\8F"-N`?+2K%D\F@<>51G[-U5A/H-/F)!U&_82Z..>%D=+^X#P!@R>1;\.=A8]"V MX]&I49P0XIB#9:7H=T(;`,#^_?MC[\;MX+]%E,06RZ>.Q:)GW\"11QV#5Y]Y M%$\OO1MY;=LAKVU[7#5B+*+1*`;W.@G'GG(F6G?HE!#W[1=60HU&\9?1MP,` M!I[5!;WZ7(D.78Y%TY9Y&#UG28W\7E_Y&"Z[=B@Z'-,-DZ_OA^X7]\&:M_Z) M]IV[TK$04HOPW4L*T06X9M>MUI1I%[KJ+7#56P0MLD!6F[?=91%&LAC1M&4K M["TJ``#L*2I`E]^=@AT__8"\-D="`1`(!-"\51O\=^T'->1JUK(5BG<700%0 MMG\?ZC?,1?,C*A>['MB_'\_>?P]>>&0Y5CVX%(<.5'Y8J$&CQBC9LPL'RTI1 M)R<')7MVX[T7G\.?!M]40VXC_9W4C[8^],I<&TZ;GM%OL^MV%F73=JW/Z<6S M^FTGG%4>(O%JH^TZP7?#8B]S6,P6WWZ^#H\MFH4NOSL5&__[.<;>O1SKWGD# MOV[=@C%S[T7IOF(,.N\D7#5B'/Y\XRT)<2.1");>,0:JJJ+HMU]QPNF_QS6C M)@``?OCV?^C8]7@$@T'\\ZF'\=WZSS!I\4,HW5>"U8\LAQI5<7Z_`7C^@26X M:N0XK'OG#1PHVX]3SNF%XT\[.QU%00@1Y&!9*?IR6(P8L;LP'W-&#<+#;W^" M!KF-L?:=US'[INOPX.L?X^4G'L3S#RY%=ITZZ';2Z6C5MEV-^(_.GX%F+5MA MT+BI4%45H_]T/MIVZHR>E_;#T<>=&`MWTMD]\735=,;Z#7,Q:.P=`(#W7WL1 M';HFC6U2(]UY^#OV'CD+IOA+D M-FE6^5T(A]^&((3X"PZ+93@K[UN$@AW;<$2[#OAQP]?H\Y>AB%148/4C*W#< M:6>A=%\)>O7ICZ.._1T`8/'MH]#Y^)/0YR]_Q;8MF_'XPEDX^K@345:Z'P=* M]^.F&0L0#`9QSZ2;T;A9"]2MWP`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`K7VT'K' MVGSU9(Z3U\Z3D%8>,QD2;$SQT$MY$ST5`SGUVCFCP1Q%6]TAMLUUG^,^Y*+"V98-[VG8^3JY9 MA76G'I/+7SIQUNXT/ZNZE5&?!O=V4NF(0MN5D[_=-$323E:G3+!="?7*=R[$ M!5+BP0@A'L9W/9?XC@OQ/JPK0OR'C/N6/1?B`IYYL4,(21-T+L0%V%\AI+9# MYT(((40Z="Z$$$*DPQ?ZQ#585X3X$[[0)X00XDGH7`@AA$B'SH400HAT?/?. M)6$@W^X^C*G8M]&-CVF(Q*W&+%YUNJE\$:*7EZR/@WCAA8[3>J/M'@Y?C8CM M.CW6.R^Z-Z29'$[P@^U*D,]WSB6A;92YYY(L9.REY99>2>F?L..>K5ARY9"8 MA@R0Q#1D8*(_7^@30@CQ)'0N1!"5N[H00H2A M*4O3PCQ`W0N1!"5_H40(HR_7^@31Z1[LA@AQ-OPA3XAA!!/0N="""%$ M.KX;%A,:%_/"0J?J^$X7E;FQP"[5B[>,%KPZD<-N>;JIJ]?3INW*K:/::+L2 M\O=]ST71*05%.7S>>"V5>>DI2G4XQX+52,`JSUAX13"L-B]9X=P@5IZ*I1RF M"R\5BW!"%\VBZ9=\PGHSF_5C%):V"_=L-XDRJ"%_+;;=9/!=ST71*4*KF]?Q M3:KY*P,9C9+WJ7R$K6QK=!I0`;W2ZR^M;U+C4'92I.VF`BD.QN*\D_R\;+LR MZL_W/1?B1;S3L!!"T@.="Q&'*_0)(8)DE'.)'PKP^K-SLO*E1;\49)JB=XU) MH4"^C=%V_9]6;;5=(WSXSL6\8!2#WU[$2S>I6S@;[W8G73=PJW'SBGY&>,EV MO916IMBN#!DSJN="""'$&]"Y$$((D8[_AL64P_/XK1#]R%VJ2&;]5?I1X.AC M86D67E;Y.5D?*"._5.9IAK]MUY^DTW9EW+>^ MJW?:;NKQJ^U6PV$Q(@CG(1-"Q*%S(800(AW?#8OY81T`.0SKBA#_P:G(A!!" M/`F="W$!OI\AI+;CNV$Q`(?[;'IM6/PU[6_MW#ZCN7YF<_>LY@?J7;?ZGH/V MNM%?JSP],_=32?QI5S^18YVL3$GFFQQVZBU>)NUY[34MM%UKG.A@=EVV?IEB MNQ+PG7.I_!Y!]8%90)W?VO!&\9/9%T'ONE'^1M>-_EKE*6@8J?(_L?=C=O6S M>RPJC-/X=NO-Z+I(FMIKM%W]\+*NR]8O0VQ7QCH7#HL10@B13DIZ+OWZ]4-Q M<7'L>.G2I3CAA!,P=>I49&=GH["P$+UZ]4+__OT%4HL]#_L4M\:N/#,FIL&I M3++U257YB(Y?^9%,LUV_Z),.VTT^OY0XEY-//ADS9LQ(.+=JU2ILW;H53S_] M-"*1"+ITZ8+NW;NC5:M6IFGYW;6X)[TW2\6Y5++U2>5@8#KR30699KM^T2?U MMBLCQY0XEVW;MN&NN^Y"(!!`@P8-,&+$"+SRRBLXYYQS``#!8!"GG'(*WGSS M3=QPPPVI$(D00HB+I,2Y#!\^'*>??CH`8,*$"9@^?3H*"@K0L&'#6)CW;MU04E(2.U]<7&PY)`8`%Q]_I.&U(6,GXZ_CIM1L*^.F MV2D`5+5R-H0:/_W.9+I?_$P]PZF%2N*QHFAFFYHM_5!077*7 MC@+)X[ISV;]_/Q8O7HSITZ<#`#9MVH0N7;J@3Y\^>.FEES!RY$A45%1@_?KU M6+%BA65Z;W^[#77KU=>]I@0"^E/H-.>JPR2$-?JM/64UI*X87++J'%BDJRNK M61R1\"D@EK6-_`WOQLNX-OG80;1D^HLQ??IT%!458<&"!HGAO)NB+$CW#C M2N)1Z%$(J>W0N1!!Z#`((>+X;U@,;.:2Q5GYV9F#?#@LZXH0_U'+9XN)+#M7 M-/^TY[5IZ:5G%L\HG!5&_[WD9U6HV=31;-$*E+ MD;C:L+1=?U++;%?&8ZCOG(OC!QB1\\F$M?.0XD;^=G":II/&0O2!VRRNC#H7 MO2X:-MF'9]JN_ZA-MBNA[GS\SH6DG$QK+`@AKN&[GHN(4S7ZU$7\=:-KLM!^ MMJ%V4:E]?%W)*FLWR]5,1J//C=A)0U2&ZK1IN^:X609NY.,GVZV=PV("V'W= MYK8,M8^:VLLJCW35F>CH1K+RT7;%296(TJC,EN^=F1P28[^KL5O?>G'\;+NU-E[:;%="Q7!8C!!"B'1\UW.)[[)I MN[3)=,_USIEU28&:^8G,[A'M>IOI9C5484:JU[5IR]%L6"+^V&J-H5Y<*%>&C*&[XS2K8VV6SN'Q>)(IDNK%]Z-+JBVLIP, M3]@=JA!-US8./9.3;GXRNABE(7,(0\1^1./3=NW5MYVR3]:>:+O.R8!A,=>; MU`Q`DOZN%F.RB=MM3O7".G4/=N/:B4/;]3ZUT7:M\5W/1:GZ3WO6&'M+EU2H M-=)78XL"S=/0QK4Z%@UC)9\82MROU-RPBNV\DK])J\LGOIQ$RMWZ)M4;3*AY M+):761K:/*W"F.>3:;8K&^>C=',G4:'\-._LGE92]/&7EGO.T:X"69O&B[R9`!PV(D M97CG/B2$>!S?]5S2\#!,DH!U18C_D''?LN="""%$.G0NA!!"I..[83&`0RU^ M@G5%2.W$?\Z%+UU\0-RT,M85(?Y#PGW+83'B`O0HA-1V?-=S8,';NL M-\L0S\LIM%UWTW&3VFZ[@!^'Q10(?2PL(8[%L55X)V']<).ZC0+[=6643OQ? MV6%%KV>*@[$*ZP?;]=,]$/]7=EC1ZW9M5\9]ZSOGDOA,H/T@:/SO^##Q)67U M$5%%YZ\>9E^[B)=5+S^SKV>8X?1CM>G&K"SMZFWT=1&1+V08A16I#ZL/XMK; M9)*V:Q;.J>TZE4TOG6IJJ^TFWW[XSKDD=NF-"L.LD$2NB3Q#B(85?0Z4\;PB M%BZ5;D>Q53[&J=3\+?I,KQ=>)*X=NS'+WPC:;G+A1.,Z2<^N;8FFY1_;E=%& M9/P[%T(((:F'SH400HAT?#XL1KP.ZXH0_R'COO6=/6C+P$`GW[T`9YYY`&<=/J9^/[;;]#M MA!,Q:,2H&G$__>@#W#UU(AHV:@P`Z'K\[S!YS@(`P-X]N_'PTD5X]N^/X(N? M"V)Q?OIA$YYZZ'XTS,W%\2>?BHMZ]P4`3+UU)(;>,@X=C^KLMLII1;9]U,X7 M^DG@IYO3>ZA._8MO\+)]>%DV/;Y8]S'^<%D__/>S3V+G#AT\B!O'W(;C3SH5 M!P\AHMZ]\7;K[Z$H[L>F_&.!?"F??C/N7`@WS^PKFHMO?L/ MP*=K/J@\J+*!'A?^(7;]EY]_1)MV[5&W?GW=!>7_?'XEOOW?ER@IV8O>5PS` MT5VZ`0`N['TY=ORR-2%=`,AMW!A[=N]"65DIH_15OOWB*1N%,[N8[M>[23[V)],UR$=W0ZE:ON79/+5UFDJ M]+#*([YNS>PE_KIB\%N;9^;9KO9^?6#)`KS_KS'S%O2@MW8_NYUV`4\_ZO6VI:ZOM*KHV8`_?.9?$QV&S?7)$]^\QBF_W M6K)IIR*==#W"R2HWD7VSDB%^Y-JNO1B->AOMZU0;;%=_;ZP18R=AR,UC,>`/ M/9!S=UV<>E;WA%A-F[=$TZK?+?*.0(N\5OCFO^O1\\*+#=-MT+`11D^>`0!X MXZ75.*;;<2C,_PT'#AS`+9.F8?`5E^+O+[Z1A`Y.\;/M)@=GB_D.]O'=(YFR M9;U8\>SCCZ!T_WX`0'9V-O):M<;/6WX$`.PJ+,"!LC(`P,/+%F'OGMT`@/+R MNP@+\<]6S&'S3&.PO*4:39LV@*`H4&7O(>QKOV:[O>BX< MQO=>#*N'3(<;=MUP%UW3,#17;KBIQ]_P)C),]#QJ*,!`%]] M^3G>>/D%1*-1/+AD`7I?,0!'MN\0R_?N:9,P<>8\!!0%/_)3HU$@4@$U4@$U7`Z$RZ&& MRZ&&#T&M"$.M"%=>5Z/HE-<25_8XVW5]GGGD`?R\Y00[YZ-N MO7H)85Y_:36^6/L1FC1KCHJ*"MPZI7((Y?475^&]-U]'MQ-^AZ^^_!Q_N*PO M>E\Q`*JJ8NZ4\6C=]DC\]NL.3)F[$`"PYM_OX*LO/L=-XV]W72]"TD59:2E. M;M<<`+!__W[4=]#FZ8MPC#QTY`X\9-\,CRQ0EA M\G_=@7OGSL34NQ=CU,0[L'7+#_C7JR\#``X=/(3QT^_$T%%C,?KVZ9@]<6PL MW5`HA"$WWXI@,(B-WWR%?27%>.:1!S%BW,24Z4>(7_&=3D6S9Z&!^]=B,EWS@<`M&W7'J>>]7O\[9[Y.*-[3VS>^!U: MM&J%DKU[L?2NV7CL_J4IT(X0_^*[%_J$Q'-$FR.QY)$G\>"]"]&\14NT:=<> MNXH*$\(T;Y&'#5__+W:\?U\)6K3,BQUG9V=C_/0[45*\%WW//1-/O/@&VG7L MA"NO'00`*"G>B_$CAN#^IY['D/Z7X2[JYB M)OQ+):G0IVY.7=PV=18&#;\94%5<,?`OB$8B^&W'-B@`>IQ_(39\]5^HT2@4 M`%^L^P@7_O$R*``>N^_>6#J-&C5&O?H-L'/[MH3TYT^?C-NFSD(H*PN!JB&Q MIDV;85_QWK37)?_QGUO_DL5_/1=9FI/4D(*ZFCMU(DXYXRPT;-0(C9LVQ1_[ M7H&U'_P'B^?,P*JWWT=>Z]:X;>HLS+Y]'!HU;H(.1W7&19==#@`(A\.8/GXT MVK1KAU^W;<,%?^R-,WOTC,G][INOX8BV1Z+K\2<``'I=7+8(V[=NQ9^O M'TQ;M,E_?_P91?OV08$"!(*5,Q`0K)R=&`C&CA$(`(J"_>$HZF=5.G6H M42`:@1J-`)%(U-4 MY&1Y[.U_(]_V5.0``%5P*G($JAI!I[R6N*JG^U.1B7]X[H.UV))?4&E/P2PH MP2PHH1"0E0TE5*?*_D)0LD+ZT^"CD<-V5FUWU398$8XYGKQ9YD#I```@`$E$ M051&N1CRAUYIUM:_E)66XG='2J;X M>*)IZ,45"9\LR6R8:2=]L_*U6_XBY2NK',W2AV`>(FGZW793B9Y\9K(ZO5V7DC%,U?.VGHQ14)GWKLU9592"N=1M)">+QU,[2`84)"3G>VF*D02M:6=<$-/&6GZSKD0/Y#ZV_JY#]9BQ^X]-:=75T^K#EGM M]!R!&@E73J^N*(=:KC^]NGV+9OA++Z[*)\0*WSD7]ER2)Q-')C)1)^(\J*R$G;K5WYV[$)N_%DXD9^:74N[[__/IYYYAET[-@1.W?NQ#WW MW(-0*)1.D0B)(]W-(B'^)6W.I:RL#-=??SV^_?9;-&C0`+???CM6K%B!L6/' MFL;C.@-_X>^Z:-2B0"):OJ;R!HL,EC!=1H!=1P]7?, MJ_Y%$C=Y+#]X`&6EJ:DO0YVJ=8E8Z12!&@U7ZA3;N#(,-5*>-ITRD?*#!ZKJ M*0`$LZ`$LZ!$(E7U%*VROPHHP;!^/46K-ABMJ*BRO4.5]51154_1"-1H!.4' MLUE/22"CG4V;<\G/ST=N;F[LN&'#ALC/S[>,=_+11[HI%I',C'0+X`)WIEL` M(L3"=`M0RTG;(LI6K5JAI*0D=EQ24H*\O+QTB4,((40B:>NYG'GFF=BYRT0""`8#$J5,_C8!&#WKU`"`2A9 M02BA+"BA+`2RLQ"HDPTE.X1`*%1Y/BL`)1"`&@A"42-`1(4:B2`:CD`-AQ$] M5([HH3"BX3#40Q6(ABNJOB,2A=KY5$3[C9,J._$W@>?F0-GV7>704#"(0"A8 M96]QMI>=!24K5&E[P4#5'%(5B*I0*^)LK[S2_M3R"D3+PU##%5`K(I5#34=T M1N3:F>E6U[<$7EH,9?,70+"R#@*AK+AZ"E754ZCJ&T-!_7JJB$`-5\3:B,KV M0E-/35LC,D1N?RP2B2`:C=8X7U96BM.[=DHJ[;0YEWKUZN&IIY["V+%CT;Y] M>QPX<`"C1HVRC->H46/4JZ_O7-P@6"<$)3NKIG.I$THTG%"5X>@YEV`%U``0 MA8HH@*BB0E6!J`*H$06(1!&MDXUH"O4BWB=0)[O2>00"0,RY9"&0'4*@3M9A MYQ(*&3=:U;:G5-J?BJJ_"J`&%*C1*-0Z(41H>XZIKJ=$YU)=3]HV(LO`N51` M#2BQ-D)55$35]-63C%F[:9V*?.ZYY^+<<\^U%2=39XMEJE[$.>;V(-=::'O. MR<2=GKDK<@;`FYH0DHG4/N>B:/YE"LDL\TVF'-*RKX>+Z=7V;>N\4I^9:KNR M\;#M^F[[%T51I.Q7=3C!^`,[._K(D2%A3Q]AO0SD%+Y)=>([+@>]H+(V"S1) M1ZDNN63*+.Z<\$V:F9L9*M7O`*HW[C/%A*^+;/7=N5T<;ZSKFX M2^IW^7&V79?;.U.E>NI=RRIMUW?.9?JT2R]!CGN MV0O:YUKMKI_:^-ISSAI]+?8W/M237[N3KO::45QM&+,\166K_@V#_(SBZ<4' M]&4U2U.O/JVN6:4G-L!<3K/S>O)IT]>3/Y7HZ6AE5[7:=NLVA%)7/TV] MG;+]:+M.\)USJ<;HAC/J%5H=BX8YC*A9VT-/?NTYHV=[4=V-\A25S2H_HWAV MRCP9F>WV442OB91U,OF)ZEZ)W.VIS:VO="GQ!" MB.OXK^=2Y5;M=-_TNH7::T9QS%.52)Q>@+&\=I*+3\>J^VPV+*,77O2:U?"' MV5"(B$S:,K*J3]'Z3J;LK?*3,_0@S_ZJ/\`G.D0$Z.M&V\T;LG]X;_?P\`_789/ MOMZ(-D>VJW%]YI1)"(6RT*AQ$_SORR\P?LHT=.EV+`"@J+`0#]^W#,U:M,"W M7W^%SEVZ8M38\?AT[<=X]:5_``#Z_*D_3C_K;$2C4=QXW4`L6G8_FC9KEE;; M%<%WSJ5J>+C&.=EY5)/*YT,WF@N_I)G*]&7G)6/H1P\OVYX7ANF\D.:.[=OP MVLLOHG7;(PW3KY.=C2DS*[\"]-+JYW''^+%XX;6W``"WCKP1"Y>N0.LV;:&J M*K[_;@,4`'];NACW/?H$H*JX^:\WX._/KL;#]R]'_P%7HVFS9M)T[9,W#WXF5X]U]O&8:K=BP`$(E&T+!A0P!`07X^-GS] M%=[[U]LH+=V/?<7%&';S:`!`HR9-L'M7$:+1*)HT:X8?-V_"=]]\C1&CQKBK ME$3\YUSBNRYFJ[40%\:N&Y;V!M5!(E:/LB)32O3BZ*4A\ZVRV0HZLSAF8>WH MHR>'(AC'3#YM&F9QS?+4"PN8VZZEO_X(&#>/:I)S'_WF6``FS?]@MV_KH#G8X^&K_OT1.KGUV)4<,&X\GG M_H'),V;A\8<>0$`)8,(=TS!YW!CTRZ]18H"G#$$:TQ9<9L`,#RQ8OPYX'7XH-WW\61[=OC\BNNQ-!K MK\;*?[PLIK,#V^6P&)&$T2,E\0*I>+_A7U)KN]<.&HQK!PVN>^S_TOVH@.G0Z"NTZ M=,3/6WY$YRY=L?V77W!TYV,2TMVT\3MLW/`M;ADW'@_=MQP=CSH*=>O617EY M>4KT30:?.A?OW&[FDEC+>?BV2.B3I0'OE&GFDJH5*T[PJEPBI$_VLK(R/+#\ M7NS;5X)''_@;!EXW",=T[8;1PV_$L)MOP1_^V!L#+K\4Y>7E&'?S"`!`_F^_ MH?]5UR`K*X0'__X4[ETX'\=TZ8;O-V[`L@D3B40PZX[)6/[08P`4]+OR M*LR?,Q-??/89KAL\%.[JG7S:BJJJGG]D+2TM18.J<\3>6H:L/5;S6>.0W&?S\VV_LQQM>U5V9]ZJ/)WPK?9VQR#X."[TZTN M\1"EI:7HT+(Q`&#__OV.VEPNHB2$$"(=.A=7\?-0`_$VM"WB;7SWSD51!&95 M25+YJIJV1^*180_LN;B*YU]G$4*(*]"Y$$((D8[_AL7@E=%F M^5)X0R]2V_#./46\@@Q[8,_%,2)#7KQE"2&U$SH75^$[%R(+VA+Q%[X;%@.J M^@-Z&[&I`OO?*8"J'EYKII=X_/7D9NS8[[GH[=.GW=Q01:5\JJJC5UQ2*R[1ZJ6X-^31YFZYAK]YK2RL7:I95M2QZFQ(:U;]9 M'*L"K9;):+_`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`8K^ M??RT90OF+UZ".G7J8,.WW^#A!Q[`DN4KW%.89#R^C72HR#=&ZTHL'B[AZ:2=K&VZE912VN'@O%BY>`@#X[--/,/3Z MZ_#5QDVQ<(\]_!":-&F"7[;^K#L"`@!K/UJ#OOW^A$_6KDU(>_[<.]&A0P?< M-F$2HM$H?M?U&)QUUMEHVJP9-F[8@*?^[SD\>/]]>.>MMW#)I9?BSAG3\?#C M3]B^SS*5VFB[,NK;UR_T[?;HSV M:P\`"`0":-VV#3YX_S^H6[*+1*.Y;MA2+[ET*`"@L*,"C#S^$";=/@:HZLY;N MY_3`NH\_!@`4%Q=CXW??H:2X&#DY.1C\UV&X>^Z=:-RX"7)S<_'KCE_1IFU; MS)XQ#0ONFHMP."Q--U*[\-VP6&9PN)'@.Y?:RQ.//X:7__$"`.#9%UY$,!C$ MI-O&8\A.V_[(-2Q8MQ+7778^6>7E" M^=QRZU@\>/]]6+)H(7)RB?8<.`(#++K\?>(I M#+GN6CSS_&J\L.IY//_L_^':ZZYW17^2V?C4N6A'FZO/B">$6 MW#4/PT:,1*-&C1`.AY&34Q=-FS;%3UNV."@7VJ[_;3=Y?.=<%"AQ1:`M#*MC MD6M*C2/]*I/?WXC7K#)CC8R*HK$U$?V4N/`&UQ.N6<4SRB=>+K-T3>*:HI-> M0AD8Z:/-QZK>)=U@NK(9R00,'70=-GSS355C#FS]^2>.[_5F+[+[_@WD6+,';\!/RP>3,N[WTQOOW^1R@*\.]WW\7J5<]ASY[=6#3_ M+@R]<3B:-FV*3=]_CV5+[L'9W<]!27$Q[EUV'^K5K1O+^W___2]^V[D3%U]R M*0!@T)"AF#-K!@KR\S%MYNPJ26V4"VVW9EB?V:XB(2U%=3J0FT)*2TO1H$$# M`$#^GA+4KU\_97F7+1^%:-%V*($`E*P@E%`6E%`6`G6R$:@3@I(=0B`[5'D^ M*P@E$(`:"$)1(T!$A1J)(!JN@%H>1O10.:*'PHB6ET,]5%%Y/A*IW*FVVQFH M.W!*RO0BA!`C2DM+D=>DA!#_(J,M8L\E+1A/22"$D$R`SL4QR;@%5><7(81D#G0N MCJET"^8N1FSC2D((R33H7)+$W'U8NP[V7`@AF0A?Z+N`M7SZ(;RN%R&D=B"C M+?*=$9#:^>^?BG1?ZE5(D.V1;6SYS3`CQ#URAGU;8^R"$$"/H7%R%[UP((;43 M.A=7H>L@A-1.Z%P<0\=!""%&T+DX1F1O,2/HF`@AF0UGBR6)L]EB-=_%>$TO M0DCMI79N_P(A=MY.WGLPB M:DJVG+7!H^30S'3PTC>>!D!X_)0=`[UY#%)0_<&5"SD-@J?"MO5 M22=!5KVZU-J71B9=V]%F0]O53;N&O#ZQ70?XS[E8WD#:$C1ZO%`TX46,W"[6 MCBHQ1[V;6B^T5@>QO(P?P>+CZZ5I5J9F9:SWJ*1MQ%1-/.C$`?0;`K/'2CUY M]#!*1U0G/=G,\M>&397MZCD/K6QF=J%MD+6RT783\_.[[8K4B3D^="Z`_LUE M%=;H6/2:3,QN$#,Y9,CG1AI&QT8ZB?RVRM,H']&X5NG8U4DT_U3;KI6\HFF* M."!1.9Q"VQ5+1Z;M.L>WL\5$GW6J_Z;*;=C%J5R9ID]UW$3S5RS3=+L<9-R. M=ER$-DPRMNO$]8F$3?9^HNTFGY\(J74E-7&UY]*A0P=T[-@1`*`H"MY[[ST` MP-Z]>S%QXD1TZM0)FS9MPOCQXW'LL<<*I1E?B79N4M'PNO MO]8XW[=O7\R<.1/SYLW#&6><@4@D@AX]>B`4"N&BBRY"?GX^<*.<"9\J>&UJ=.F8]J,F6+"2\)LHB`AA'B9>7/NQ)P[9[N2MFO#8N^] M]Q[>>NNMV/'FS9O1I4L7`$"?/GWPT4OPKL0D=7C;=DEM(!@,ZKY*B&]CG>*:O5JW6N-&S?&(X\\XBA= MO3GV9D__=H:MC-:URD<_5?9BW"69^A2-:S,%VZ5B\@=]L%_"S<[&>Y6L>SFZZCK!V';K9N7E' M.]E-0C2N:'[I7CHLFJ];6SSXP7:]N'4$;5<\7[=LUP;^VUNLYCX+^F%$^GAZ M>]`9[2.8"HST,MIO4'M.B^B>=_'AK?37BZ>7I]&^AGK'5N,Y9N?T]N+3D\UH MWT6#C7$3CO7V6M1+7R^.D?Q&D)V^J0L4NY.R]9.(VPGGV1T=A)&Y`%(5G[) M]G"L')E1?*=E1]NUET\Z;3<)_#LLYA&=#OLPA)!,Q':PF%_T(H1D-C+: M(O9<7$2QG/)"""&9B>]Z+JFF\9C[TBT"(83X#O9<""&$2(?.A1!"B'3H7`@A MA$B'SH400HATZ%P((81(A\Z%$$*(=.A<-+S_G__@M%-/P847G(\++S@?MXT; M&[NVYL,/-1/W+%J(FT:.P*%#AP``WWSS#4;=?)-$[0@A)#5PG8L&15&P M>/$2]#SWW!K7QH^_#;-FS<;%EUR"-]]X`Q,G3L"GGWU>(]R:#S_$%5?TQ[JU M:Q/.%Q04H**B`B>=='+"^3U[]F##MQOP[///X[[[5N"M-]_$I;U[8\:T:?C[ MDT_*59`00E(`>RXZ//WT4UBR^![,F#X-&S9LB)UO?41KY.?G`P#R\_-Q^NFG MZ\:_>N!`U*M7K\;YEBU;XK(^?6JC M8<.&,E0BA)"4PIZ+AF[''HLI=TQ%APX=\-MOOZ'[V6=AW:>?H46+%KA[P0(, MN_&OV+#A6WSXX8=8=,]B*7G6K5L7-PX;ACEWSD;C)DW0,#<7.W;L0-]^?\+T M:5.1DY.#"1,G(10*2" M0@2#P1HRZ>SROGW1MV]?E(?#N/***_#4TT_CVFNNP:H77L"J MYY[#_ZUJ+MD;G M1'0T*@NM_'KIR+)=LZ\IZY61F;Q&\EG)85071F5$V_6^[=;*C2OC%1`X=.A2OO?XZ7GO]=2Q;>B]V[]X-`"@O+\?V;=MP]-%'H_S0(106%J)ERY90 M`!QQQ!$X=.A03(:??_I)5R:]+Y2JJ@I5371#U=?GS9V#D3?=A$:-&B$<#J-N M3@Z:-FN&XN*]ICIHR\4H7#(8?9U5KXR-9+&J,[WR,\K#+'^MG'KYF'V"7$1' MHW`BZ!\Z%T(((=*A+N4#E^I0Z.'#P4,:LJL\TG3)-'X`Z^04_Z%2[9XMY8:*W MW55PQ!E6J_!$KB6;K\QTO&`7=E8#$N?XW7:3P)_.16^)JI,T1)<@)XN3Y=A. MPXB$-=X'J@D```:\241!5--79!FR#!E$P\BH:SMYQE]SFJ_5LGDW;5!G334N-]&F*5M58$BZ8NF)1)&U+CT-H>*_VT55Q19>E=C M=;/*N)&=I*&U$>T&54:;..G%%<%MVQ5-7R0MT3"TW>21;;M)XD_G$H_,KF9\ M`V#4&%2'L[LID4BE.7VRJL[;:4-C]:0M*H=(>-&P1G4A\J0J6A=VY;*S&90V M'R,[LBN#2/AD;5=[G&[;M9.6'9G2:;M&:23;CKAANP[QQ=YB\7,.2DM+S2M/ M;VM7:,[9Z3Z:I6EP$X?#X4I9]YS.@>T:DB;;K5%/ M#FS7M@PNVV[L7HIO'Y*M'[TT1,(:Y%O]?2D`-3;9%1;'#[/%"@H*D)>7EVXQ M""&DUI&?GX^6+5O:CN?_83%"""&>PQ<]EV@TBJ*B(@!`O7KUH"AV!Z0)(82( MHJHJRLK*``#-FS='(&"_'^(+YT(((<1?<%B,$$*(=.A<""&$2(?.A1!"B'3H M7`@AA$B'SH400HATZ%R2H%>O7K'?2YVWWXY)DR9AQ8H5L?,[=^Y$__[] M,6_>/`P>/!C+EBU+AZA"B.CS]==?8]"@05BX<"%NN.$&?/'%%^D059AXG=:M M6X=SSST7(T>.3`BS=^]>#!LV#'???3>&#!F"#1LVI%I,6XCH%(E$<-]]]R$O M+P^??/))JD6TC8A.X\>/Q^3)D[%@P0(,&#`@(^IIV;)E L&!8N7(A^_?KA MW7??3;68KN&+[5^\SF>??895JU9AS9HU`("SSSX;W;MWQ\DGGXS%BQ>C<^?. MF#)E2N4W$AHUPN#!@]&P8<,T2VV,F3Z#!@W"TJ5+T:-'#VS:M`F77GHI-F_> M[/FU1Y%(!-]__SUZ]>J%_/S\A&MWW'$'SCSS3`P=.A0;-V[$P($#L7[]^C1) M*HZ93I]]]AG..^\\+%JTR/-U$X^93G7JU,'467S3&9CH= M.G0(RYO6E,II!Q&= MSCKK+!QWW'&I%LTQ(CI5.Q:@LL'.S^N$$TY( MJ8QN0N>2!,.'#P=0N?=9?$\D-SO1H1ZM= M4X&9/@4%!0"`GCU[QGHT'W_\,0"@N+@XQ9**,V+$",LP^?GY"0U5?/UY$1&= M_(8=G0X>/(C''W\<"Q8L<%&BY!'5J;"P$./&C M7AY*2DIBQ\7%Q6C5JA4`X/KKKT??OGTQ=.A0'#AP`)T[=\9))YV$TT\_/5WB M6J*G3_7&H4\]]126+EV*>^^]%[FYNBHN+T;IU:P!`24D) M-TKU*&5E91@Y[Y6) MX,U':)_1IT\??/311['C-6O6H&_?O@"`;=NVQ1Q-W;IUT;AQ8Y27EZ=%3E', M]-F^?3MFS)B!6V^]%>>==Q[...,,-&_>/%VBVD9OMZ-X?;_[[CNT:=,&[=NW M3[5HCK':P..-F#Y].DX\\42L7+DR#9(Y1T^GA0L7QGZW M;MT:!PXN6 M9FG%,-*IH*``#SWT$)8L68*KKKH*`P8,P'GGG9=>806)UVG@P($8,V8,`."T MTTY#>7EYS-YV[MR)C1LWIE-488QT&C-F#+*RLM"R94M\]]UW./'$$S%V[-@T M2RL'.A="""'2X;`8(800Z="Y$$((D0Z="R&$$.G0N1!"")$.G0LAA!#IT+D0 M0@B1#IT+(800Z="Y$$((D0Z="R&$$.G0N1!"")$.G0LAA!#IT+D00@B1#IT+ M(800Z="Y$$((D0Z="R&$$.G0N1!"")'._P/_!R0T]#23P0````!)14Y$KD)@ !@@`` ` end XML 80 R117.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares MSCI Global Gold Miners ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI GLOBAL GOLD MINERS ETF
Ticker: RING                    Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Global Gold Miners ETF (the “Fund”) seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of gold mining.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 22% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 22.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI ACWI Select Gold Miners Investable Market Index (IMI) (the “Underlying Index”), which has been developed by MSCI Inc. (“MSCI”) to measure the combined performance of equity securities of companies primarily engaged in the business of gold mining in both developed and emerging markets. MSCI begins with the MSCI ACWI Investable Market Index (IMI), and then selects securities of companies that are primarily focused on the extraction and production of gold, and companies that generally do not engage in hedging activity with respect to gold prices. The price of the equity securities of these companies and the price of gold may not always be closely correlated. The Underlying Index may include large-, mid- or small-capitalization companies. As of June 30, 2014, the Underlying Index consisted of companies in the following nine countries or regions: Australia, Canada, China, Hong Kong, Peru, South Africa, Turkey, the United Kingdom and the United States. The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in companies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those companies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Gold Mining Sub-Industry Risk. The profitability of companies in the gold mining sub-industry is related to, among other things, the worldwide price of gold and the costs of extraction and production. Worldwide gold prices may fluctuate substantially over short periods of time, so the Fund’s share price may be more volatile than other types of investments. Gold mining companies may be adversely affected by changes in exchange rates, interest rates, economic conditions, tax treatment, government regulation and intervention and world events in the regions in which the companies operate (e.g., expropriation, nationalization, confiscation of assets and property, repatriation of capital, military coups, social unrest, violence and labor unrest). The price of the equity securities of these companies and the price of gold may not always be closely correlated.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Materials Sector Risk. The Fund may invest significantly in companies in the materials sector. Companies in the materials sector may be adversely impacted by the volatility of commodity prices, exchange rates, depletion of resources, over-production, litigation and government regulations, among other factors.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to North American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, North American Economic Risk and U.S. Economic Risk.

Risk of Investing in Canada. Investments in Canadian issuers may subject the Fund to economic risk specific to Canada. Among other things, the Canadian economy is heavily dependent on relationships with certain key trading partners, including the United States, European Union (the “EU”) countries and China. The Canadian economy is sensitive to fluctuations in certain commodity markets.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Year Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the period shown above was 8.57% in the 3rd quarter of 2013; the worst was -38.25% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2013)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI Global Gold Miners ETF | iShares MSCI Global Gold Miners ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.39%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.39%
1 Year rr_ExpenseExampleYear01 $ 40
3 Years rr_ExpenseExampleYear03 125
5 Years rr_ExpenseExampleYear05 219
10 Years rr_ExpenseExampleYear10 $ 493
2013 [1] rr_AnnualReturn2013 (52.16%)
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2014
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 0.98%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 8.57%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (38.25%)
One Year rr_AverageAnnualReturnYear01 (52.16%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (40.40%)
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2012
iShares MSCI Global Gold Miners ETF | Return After Taxes on Distributions | iShares MSCI Global Gold Miners ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (52.27%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception (40.49%)
iShares MSCI Global Gold Miners ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI Global Gold Miners ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 (29.32%)
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception (28.72%)
iShares MSCI Global Gold Miners ETF | MSCI ACWI Select Gold Miners IMI (Index returns do not reflect deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (52.21%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (40.40%)
[1] The Fund's year-to-date return as of September 30, 2014 was 0.98%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 81 R130.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares Emerging Markets Dividend ETF
iSHARES® EMERGING MARKETS
DIVIDEND ETF
Ticker: DVYE              Stock Exchange: NYSE Arca
Investment Objective
The iShares Emerging Markets Dividend ETF (the “Fund”) seeks to track the investment results of an index composed of relatively high dividend paying equities in emerging markets.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. “Acquired Fund Fees and Expenses” reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (“NAV”) and are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses attributable to the Fund's direct investments in other iShares funds until August 31, 2015. The contractual waiver may be terminated prior to August 31, 2015 only upon written agreement of the Company and BFA. During the most recently completed fiscal year, the amount of such expenses incurred and fees waived rounded to 0.00%. BFA has contractually agreed to waive any additional portion of its management fees necessary to limit the Total Annual Fund Operating Expenses to 0.49% of the average daily net assets until August 31, 2015. The contractual waiver may be terminated prior to August 31, 2015 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares Emerging Markets Dividend ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Emerging Markets Dividend ETF | iShares Emerging Markets Dividend ETF | 0.68% none none none 0.68% (0.19%) 0.49%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares Emerging Markets Dividend ETF}
1 Year
3 Years
5 Years
10 Years
iShares Emerging Markets Dividend ETF | iShares Emerging Markets Dividend ETF | USD ($) 50 198 360 829
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 44% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the Dow Jones Emerging Markets Select Dividend Index (the “Underlying Index”), which measures the performance of a group of equity securities issued by companies in emerging market countries that have provided relatively high dividend yields on a consistent basis over time. Dividend yield is calculated using a stock’s unadjusted indicated annual dividend (not including any special dividends) divided by its unadjusted price. The starting universe for the Underlying Index is the Dow Jones Emerging Markets Total Stock Market Specialty Index, excluding countries classified as frontier markets.

As of March 31, 2014, the Underlying Index consisted of issuers in the following countries: Brazil, Chile, China, the Czech Republic, Egypt, Hungary, India, Indonesia, Malaysia, Morocco, the Philippines, Poland, Russia, South Africa, South Korea, Taiwan, Thailand and Turkey. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include basic materials, financials, industrials and telecommunications companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is S&P Dow Jones Indices LLC, a subsidiary of McGraw Hill Financial, Inc. (“SPDJI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's NAV, trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Basic Materials Industry Group Risk. Companies in the basic materials industry group may be adversely impacted by changes in commodity prices or exchange rates, depletion of resources, over-production, litigation, and government regulations, among other factors.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Dividend-Paying Stock Risk. The Fund’s emphasis on dividend-paying stocks involves the risk that such stocks may fall out of favor with investors and underperform the market. Also, a company may reduce or eliminate its dividend.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, and may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. The industrials sector may be affected by changes in the supply and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline. There is no guarantee that an issuer that paid dividends in the past will continue to do so in the future or will continue paying dividends at the same level.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its trading partners, the Fund is specifically exposed to Asian Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. The Fund's investments in emerging markets may be subject to a greater risk of loss than investments in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, unreliable securities valuation and greater risk associated with custody of securities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Risk of Investing in Taiwan. Investments in Taiwanese issuers involve risks that are specific to Taiwan, including legal, regulatory, political and economic risks.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Telecommunications Sector Risk. Companies in the telecommunications sector may be affected by industry competition, substantial capital requirements, government regulation and obsolescence of telecommunications products and services due to technological advancement.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. BFA EXPECTS THAT THE FUND MAY EXPERIENCE HIGHER TRACKING ERROR THAN IS TYPICAL FOR SIMILAR INDEX EXCHANGE-TRADED FUNDS.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Year Ended December 31)
Bar Chart
[1] The Fund's total return for the six months ended June 30, 2014 was 2.92%.
The best calendar quarter return during the period shown above was 4.88% in the 3rd quarter of 2013; the worst was -6.85% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2013)
Average Annual Total Returns {- iShares Emerging Markets Dividend ETF} - iShares Emerging Markets Dividend ETF
One Year
Since Fund Inception
Inception Date
iShares Emerging Markets Dividend ETF (9.51%) (2.10%) Feb. 23, 2012
iShares Emerging Markets Dividend ETF | Return After Taxes on Distributions [1] (10.60%) (2.98%)  
iShares Emerging Markets Dividend ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (4.70%) (1.45%)  
Dow Jones Emerging Markets Select Dividend Index (Index returns do not reflect deductions for fees, expenses, or taxes) (10.01%) (2.52%)  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 82 R38.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares MSCI BRIC ETF
iSHARES® MSCI BRIC ETF
Ticker: BKF                    Stock Exchange: NYSE Arca
Investment Objective
The iShares MSCI BRIC ETF (the “Fund”) seeks to track the investment results of an index composed of Chinese equities that are available to international investors, and Brazilian, Russian, and Indian equities.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares MSCI BRIC ETF}
Management Fees
Distribution and Service (12b-1) Fees
Foreign Taxes
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI BRIC ETF | iShares MSCI BRIC ETF | 0.68% none none none 0.68%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares MSCI BRIC ETF}
1 Year
3 Years
5 Years
10 Years
iShares MSCI BRIC ETF | iShares MSCI BRIC ETF | USD ($) 69 218 379 847
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 10% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI BRIC Index (the “Underlying Index”), which is a free float-adjusted market capitalization index that is designed to measure the combined equity market performance in Brazil, Russia, India and China (“BRIC”). The Underlying Index consists of stocks traded primarily on the BM&FBOVESPA (the Brazilian exchange), Russian Trading System Stock Exchange, Moscow Interbank Currency Exchange, National Stock Exchange of India, Shanghai Stock Exchange, Shenzhen Stock Exchange and the Stock Exchange of Hong Kong. The Underlying Index may include large-, mid- or small- capitalization companies, and components primarily include energy, financials and information technology companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index.

The Fund invests all of its assets that are invested in India in a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term “Fund,” as used in this prospectus (the “Prospectus”), means the Fund and/or the Subsidiary, as applicable. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI Inc. (“MSCI”).

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in economies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those economies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Information Technology Sector Risk. Information technology companies face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-U.S. Securities Market Risk. Non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to increases in trading volume, potentially making prompt liquidation of the Fund’s holdings difficult or impossible at times.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk and Central and South American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Brazil. Investment in Brazilian issuers involves risks that are specific to Brazil, including legal, regulatory, political and economic risks. The Brazilian economy has historically been exposed to high rates of inflation and a high level of debt, each of which may reduce and/or prevent economic growth.

Risk of Investing in China. Investments in Chinese issuers subject the Fund to risks specific to China. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the past 25 years, the Chinese government has undertaken reform of economic and market practices and is expanding the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of tariffs or other trade barriers, or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. FUNDS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX EXCHANGE-TRADED FUNDS (“ETFs”) THAT DO NOT TRACK SUCH INDICES.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. Treaty renegotiation (particularly to introduce a limitation on benefits clause) or future legislative or regulatory changes or other administrative or legal developments may result in the Fund withdrawing from the Subsidiary, which may result in higher taxes and/or lower returns for the Fund.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund's year-to-date return as of September 30, 2014 was 0.71%.
The best calendar quarter return during the periods shown above was 41.58% in the 2nd quarter of 2009; the worst was -33.01% in the 3rd quarter of 2008.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2013)
Average Annual Total Returns {- iShares MSCI BRIC ETF} - iShares MSCI BRIC ETF
One Year
Five Years
Since Fund Inception
Inception Date
iShares MSCI BRIC ETF (4.26%) 11.27% (4.66%) Nov. 12, 2007
iShares MSCI BRIC ETF | Return After Taxes on Distributions [1] (4.71%) 10.93% (4.95%)  
iShares MSCI BRIC ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (1.87%) 9.17% (3.34%)  
MSCI BRIC Index (Index returns do not reflect deductions for fees, expenses or taxes) (3.53%) 12.52% (4.26%)  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 83 R20.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares Global ex USD High Yield Corporate Bond ETF
iSHARES® GLOBAL EX USD HIGH YIELD CORPORATE BOND ETF
Ticker: HYXU                    Stock Exchange: BATS
Investment Objective
The iShares Global ex USD High Yield Corporate Bond ETF (the “Fund”) seeks to track the investment results of an index composed of euro, British pound sterling and Canadian dollar-denominated, high yield corporate bonds.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in order to limit Total Annual Fund Operating Expenses to 0.40% of average daily net assets until February 29, 2016. The contractual waiver may be terminated prior to February 29, 2016 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares Global ex USD High Yield Corporate Bond ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Global ex USD High Yield Corporate Bond ETF | iShares Global ex USD High Yield Corporate Bond ETF | 0.55% none none 0.55% (0.15%) 0.40%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares Global ex USD High Yield Corporate Bond ETF}
1 Year
3 Years
5 Years
10 Years
iShares Global ex USD High Yield Corporate Bond ETF | iShares Global ex USD High Yield Corporate Bond ETF | USD ($) 41 161 292 675
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 25% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the Markit iBoxx Global Developed Markets ex-US High Yield Index (the “Underlying Index”), which is a rules-based index consisting of high yield corporate bonds denominated in euros, British pounds sterling and Canadian dollars. The Underlying Index is designed to provide a broad representation of the global ex-U.S. dollar high yield corporate bond market. High yield bonds are also known as “junk bonds.” The Underlying Index may include corporate bonds that are issued by companies domiciled in countries classified as developed markets by the index provider. The Underlying Index is a market value weighted index with a cap on each issuer of 3%. There is no limit to the number of issues in the Underlying Index. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include consumer goods, financials and industrials companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

The Fund will invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the “1933 Act”).

The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.

The maturities of the securities in the Underlying Index range from 1-15 years. As of September 30, 2014, the weighted average maturity of the securities in the Underlying Index was 3.04 years, and the weighted average life of these securities (which includes the impact of calls) was 3.04 years.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability, duration, maturity or credit ratings and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”), as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. From time to time when conditions warrant, however, the Fund may invest at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is sponsored by Markit Indices Limited (the “Index Provider” or “Markit”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. 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.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund may “call” or repay the security before its stated maturity, and the Fund may have to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Goods Industry Risk. The consumer goods industry may be affected by changes in social trends and consumer demands. Many consumer goods are sold internationally and companies that sell such products may be affected by market conditions in other countries and regions.

Credit Risk. Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar. Generally, an increase in the value of the U.S. dollar against a foreign currency will reduce the value of a security denominated in that foreign currency, thereby decreasing the Fund's overall NAV.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s investments.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements, recent or future regulation on any individual financial company, or regulation on the financials sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” including those bonds rated lower than “BBB-” by Standard & Poor's Ratings Services and Fitch, Inc. (“Fitch”) or “Baa3” by Moody's Investors Service, Inc. (“Moody's”)), or are unrated, may be deemed speculative and may be more volatile than higher-rated securities of similar maturity.

Income Risk. The Fund's income may decline when interest rates fall. This decline can occur because the Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, bonds in the Underlying Index are substituted or the Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data or index computation and/or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.

Interest Rate Risk. An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Liquidity Risk. Liquidity risk exists when particular investments are difficult to purchase or sell. This can reduce the Fund's returns because the Fund may be unable to transact at advantageous times or prices.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital. The Fund is specifically exposed to European Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privately-Issued Securities Risk. Privately-issued securities are securities that have not been registered under the 1933 Act and as a result are subject to legal restrictions on resale. Privately-issued securities are not traded on established markets and may be illiquid, difficult to value and subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Australasian Economic Risk, European Economic Risk and North American Economic Risk.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs, the Fund’s holding of cash, differences in timing of the accrual of distributions, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”). If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
The best calendar quarter return during the periods shown above was 7.67% in the 3rd quarter of 2013; the worst was -8.17% in the 3rd quarter of 2014.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns
(for the periods ended December 31, 2014)
Average Annual Total Returns {- iShares Global ex USD High Yield Corporate Bond ETF} - iShares Global ex USD High Yield Corporate Bond ETF
One Year
Since Fund Inception
Inception Date
iShares Global ex USD High Yield Corporate Bond ETF (7.84%) 5.64% Apr. 03, 2012
iShares Global ex USD High Yield Corporate Bond ETF | Return After Taxes on Distributions [1] (9.46%) 3.51%  
iShares Global ex USD High Yield Corporate Bond ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (4.35%) 3.44%  
Markit iBoxx Global Developed Markets ex-US High Yield Index (Index returns do not reflect deductions for fees, expenses, or taxes) (7.90%) 5.59%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs"). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 84 R101.htm IDEA: XBRL DOCUMENT v3.2.0.727
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES INC
Prospectus Date rr_ProspectusDate Jun. 22, 2015
iShares MSCI Global Energy Producers ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI GLOBAL ENERGY PRODUCERS ETF
Ticker: FILL                    Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Global Energy Producers ETF (the “Fund”) seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of energy exploration and production.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 8% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 8.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI ACWI Select Energy Producers Investable Market Index (IMI) (the “Underlying Index”), which has been developed by MSCI Inc. (“MSCI”) to measure the combined performance of equity securities of companies primarily engaged in the business of energy exploration and production in both developed and emerging markets. MSCI begins with the MSCI ACWI Investable Market Index (IMI), and then selects securities of companies that are primarily focused on oil and gas exploration and production, and coal and consumable fuels production and mining. The Underlying Index may include large-, mid- or small-capitalization companies. As of June 30, 2014, the Underlying Index consisted of companies in the following 31 countries or regions: Australia, Austria, Brazil, Canada, China, Colombia, Finland, France, Greece, Hungary, India, Indonesia, Israel, Italy, Japan, Malaysia, New Zealand, Norway, Poland, Portugal, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Thailand, Turkey, the United Arab Emirates, the United Kingdom and the United States. The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the United States or doing business outside the United States.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Commodity Risk. The Fund invests in companies that are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have an adverse impact on those companies.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar.

Custody Risk. Less developed markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Energy Exploration and Production Industry Risk. Companies engaged in energy exploration and production are affected by worldwide energy prices and costs related to exploration and production. Companies in the energy exploration and production industry may have significant operations in areas at risk for natural disasters, social unrest and environmental damage. These companies may also be at risk for increased government regulation and intervention, energy conservation efforts, litigation and negative publicity and perception.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. The industrials sector may be affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and general economic conditions, among other factors.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to European Economic Risk and North American Economic Risk.

Passive Investment Risk. The Fund is not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to U.S. Economic Risk.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities, as a result of the system of share registration and custody in Russia.

Risk of Investing in the United States. The Fund has significant exposure to U.S. issuers. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), transaction costs, the Fund’s holding of cash, differences in timing of the accrual of dividends, changes to the Underlying Index or the need to meet various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The sale price the Fund could receive for a security may differ from the Fund's valuation of the security and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's prospectus (the “Prospectus”).
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Year Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the period shown above was 7.46% in the 3rd quarter of 2013; the worst was -3.41% in the 2nd quarter of 2013.

Updated performance information is available at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for the periods ended December 31, 2013)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI Global Energy Producers ETF | iShares MSCI Global Energy Producers ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.39%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.39%
1 Year rr_ExpenseExampleYear01 $ 40
3 Years rr_ExpenseExampleYear03 125
5 Years rr_ExpenseExampleYear05 219
10 Years rr_ExpenseExampleYear10 $ 493
2013 [1] rr_AnnualReturn2013 13.29%
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2014
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 0.28%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 7.46%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (3.41%)
One Year rr_AverageAnnualReturnYear01 13.29%
Since Fund Inception rr_AverageAnnualReturnSinceInception 5.34%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2012
iShares MSCI Global Energy Producers ETF | Return After Taxes on Distributions | iShares MSCI Global Energy Producers ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 12.71%
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 4.94%
iShares MSCI Global Energy Producers ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI Global Energy Producers ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year [2] rr_AverageAnnualReturnYear01 8.15%
Since Fund Inception [2] rr_AverageAnnualReturnSinceInception 4.29%
iShares MSCI Global Energy Producers ETF | MSCI ACWI Select Energy Producers IMI (Index returns do not reflect deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 13.12%
Since Fund Inception rr_AverageAnnualReturnSinceInception 5.27%
[1] The Fund’s year-to-date return as of September 30, 2014 was 0.28%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.

>69$=;?G^X M+NDO?.01//KH0D>__/2[I?;6Z^OKT:M7+]QTTTWXZ*./D,ED,'3H4&[X0X<. M,1]%((J?AH8&U-34>(HC;9SSR2>?Q.+%B[%NW3J,'3L64Z=.Q;Y]^V0E1Y0@ M2HUS&H:!(T>.``#*R\NA:;0XKI@Q33/WJ'*?/GT0BWDK"Y42)T%8H>E+0EE( MG(2RD#@)92%Q$LI"XB24A<0)8.S8L;G/V[9MPY@Q8W"K9=<,`%BV;!E^^,,? M8O'BQ9@P80+>?//-0KO9`1&?VUB[=JWG81P54/:Y]2C0=1V[=^_&V+%CT=#0 MT.%<^^]ASU[]A3EF''Q M_9PD,&7*%`!`/!['].G3F3=R[MRYN555GWSR"2Z\\,*"^FA'Q.0S*9Q.K5 MJW/'ZNOK,7;L6'SC&]^(T#-Q2)P,6%7@XL6+,7?N7`#9S5=/GCR)O_[UK\J( MT^[S\.'#L7+ERMSWNKHZS)LWK]!N!2+^@'55,(%5JU9A\^;-^/333Y%*I3"J M=A+"1.0EE(G(2RD#@)92%Q$LI"XB24A<1)*`N)DU`6$B>A+"1.0EE( 9G(2R_"_.3(`()-ZSE@````!)14Y$KD)@@@`` ` end GRAPHIC 53 BarChart21.png IDEA: XBRL DOCUMENT begin 644 BarChart21.png MB5!.1PT*&@H````-24A$4@```'0```%;"`8````$%ZIP````!'-"250("`@( M?`ADB`````EP2%ES```7$0``%Q$!RB;S/P``&#U)1$%4>)SMG7MP5$6^Q[]G M)B')$`("(3%R!:U2'AJPZE*RBH+@;I6[K,*Z2T56KUF"(KH&#"@84!Y"(1!! M7KI>J0A9+KB[5ZV]N[!UO:NW2EX5UT*K1$($ZR(+&*<(&,),0IC,G/M'DF%F MMPM`\(4$E0P25#)( M4,D@026#!)4,$E0R2%#)($$E@P25#!)4,DA0R1R M)4,("_7Y?-'M/WQZ$KDQGZ$"T//`+,<2_R8<[[P:PJ_^=3C>^_Q;9&5G.Y[O ME6`;'OG1+0#B[YL5(02-K3-S?3[D^OK&/XC$;4#_@<:>KY=&S'F=V:'N?/MV M"9J*?'N22J*M()[+57'MX:DZ^Q./Z9V3^%!5G?/P3%?,2TTA2@>#QZ=MQB*Q8B-6Y"%FN#U>O%O M\ZO=+@8S8GSM"&9(4,D@026#!)4,$E0RA!/4:I=-+VB3^%DK@),.^5I%R&Z+ M$P^7)>U4Y&M77.$LE#"&!)4,$E0R2%#)($$E@P25#!)4,DA0R2!!)8,$E0P2 M5#)(4,G(B.!\)D$6*ADDJ&20H))!@DH&"2H9KK9R/_GD$^S>O1LWW703FIJ: ML&'#!F3'OB6MA=8D'*,WIEE))@TG\A7U[;.VMC8\_OCCV+AQ(ZJKJ^'S^;!M MV[;D$N/1CTDF#;?R-<`U"ZVOKT=Q<3'R\_,!`!,G3L3Z]>M1555E>-V5[B5? M9,7N_;DFJ-_O1T%!0?1SOW[]X/?[3:\KN_,6)XLE/*ZYW.+B8K2VMD8_M[:V M9N1:1+QQS4+'CQ^/IJ8F7+Y\&?WZ]+U0^F3#F]L'GKP<>/)RX,W)@=+'"R7+"T"!&@Y##841 MZ>A`N*T#D?8.1*YT(-(1@AH.X]P]L]!RRP3FO,/A,-1(I-?^*^UM^/7=HYG3 M2<0U07T^'W;MVH6JJBH,&S8,[>WM>/;99TVORR_HCSQ?7RYER,O-1=\^6=V" M9L';)PN>G&QXC@4*XL MLU:^V?6V2V"#29,F8=*D26X6@9G8!5'2&0HL,"*"F``)*AW2CH<:K;ZFMUR0 MW3*9K?K&LB)AZ!R+.<5)6/-58C8XEDD\"]5ZU=GJ:]=)O"YMV@]-;&6Q MOI-OHTQ:"&BA[B!*/U0X"^79W7"BV\(C'3N0A4H&"2H9)"@CHLS6)T$E(Z,; M1;RA1I%`B-)M(4'-$$7);DA0,]+5O^L@7!UJ6HDR_/R58R+QR-=FV803U+11 M9"&>RG-\,JY<-D:NJ5'$";.J4A3/2X)*!@G:C9D%BM+8)4&[L>)RT]G]RM$LU"E^Q^OU*R<:6RE[.4R$C4#Y^421I"@W5!@P26I0@.;E&B&B8$% M448^C-`K-]6A*4*4+XXK+O?##S_$GCU[,&;,�V-F+W556%U^M%3DZ.&T5A)N,M=.K4J?CNN^]Z[9\V;1I6K%@1_;QITR8L6;($ MA86%3.EVAD+H#(4TCUE=O-%-]!9OU+LW5AP3=-^^?:;G;-^^':JJ8N'"AQ.P%2Z[U"3A.JC8?;4DXT23?G9O78<>FM;;+E8AK_=#UZ]=C MX,"!6+QX,1H:&M#9V8DQ8\:87O??7_U3=S5.Q>/I>HZ,"U!P#_U96/ABUG.+ M\9MY+_3:W]X6Q`.WZW]IS7!%T*U;MZ*FI@:WWWX[=N_>C8L7+V+5JE5,@F9E M9]M>@C09>->A7J\7T*@>A%Q>M;*R$I65E4E>;;<]&>L/^0YPL[]T8Y9.\H@7 M^H/=6W8N1&"<,NML!GM0I(@14;HM)"@C%/IS"JW(O-K5PE2[M_6N8>YZ:)#4 M=7KYJO'GQ!W/R/=#$V\ZYL%9Z:I8&>XR#?V9#)\INA_B=U$=FB*H#B5<04R7 MRS$M7J3+:`M9J&20H)(AGLNU.!G+.#%.Z72GQ:-<=M,@"Y4,$I01BA0YA%NM M7)9%-:B5FS1Z<15>\99DL9NO_:^%5M/B< MQ+?U;0=A+335'C95AIJAW19"#V%=+F#L9MWXY5#6R?J)$_MC?_4THUNY1C?/ M-`/6@0%1*S-O-7O,U,I-#>G0X&%!.$$3W9*2L$_KN-'UO,O&DJ^B\9]7V<1S MN=V8Q1;,^NI6'QQK*S?9?'E]R82ST"ZLW+[=FC99W,E7.`N]MN:E`A4JV%;` MC#^GYSJ^;2*M%+7S[=I&S+8: M/HLN56[P6>\88OXRY\MP`FN^L9\U]]G`D3I4;R7.AQYZ""-&C,"H4:-06EH* MH&MY52MTAD((A3K1>P('X/%XX?5ZT/NIZ,T1Y&VKK/D"X7`G(I%(KVO2]I'%$ MV['Q'VUARQ<`_GW#6OSNM34<2]!%RENYL8V@QL9&W'???2@O+V>^_O")[Y#7 M5WLU3H_'N1J$=Z-I[L)JS*E:W&M_>S"(NV\M23I=U[HM;[WU%K[\\DL$`@$4 M%17A@0<>8+HN*SL;V2ZLQAGOW.WC]7HU%VL.B;@:)P#,G3L7<^?.M7P=C;88 M(UQ@P9&V#`/,JUG;A4)_?#![CA3Z9#B8JG*#7)C0G/F+K7?_T<[GV9PP+)^@UM&Z=]7%8?WN4 M[>O",DSN;`:`H9DX1RS043MDEC7""4J/(F`QU MN?(BG(528,$8LE#)($$9H4B10Z2\E=O==11EM$4X05.NJ)6\TD!1X02E1I$Q M5(=*AG`6:FX+6O%2'HNQLL":KW,K$0HGJ+EK8PG:]TRTYO=0K4VTUL_7;IG$ M<[FB]!]<0C@+!4"M(@.$$]2E:;E,I(&>`KI/\0376>(0SIV$+8.Y6VCJ9A$G0J$%3354&#!(2BN8(QK@G[^^>?X MX(,/4%!0@(,'#Z*JJ@J3)T]VJSC2X(J@@4``SSWW'/;OWP\`J*BH0,CF&G=. M8_WM4W=P1=!]^_9AP(`!V+1I$SHZ.M"W;U\\\\PS3-?R:DWVI!7=-CG7M-'$ MJ2ZP>V^."6JT(F=^?CX.'CR(7;MVH7___GCRR2>Q>?-F5%55.54<4UA:N1EM MH48KD/??OLM1HP8P73M;3<6X:9!^9K_-Z];$VT% ML_[GA=5\-Z];HWD/M]U89*\P:=,F].O7 M3_/<8#"(_/Q\`$##/_WP&2RO:L5"E2__%YY];T+Q>J'TR88WMP\\OEQX\G+@ MS-=E*S:W*,"%?K]<+ M;Y:W5UGL+ATK7F!!4:ZM4]_+9\9&>`VBO4JO#1XEZRX72[Y:^]28-))'LM"? MHK/--V5>9_*Y+A[A!-5KS+`^CF0;0W:]=&*^BLG^9!'.Y?9@1U2KY_),3T\\ M7N41SD()8\2ST)@![IA=O5[44V..`3HNDW-'-+91G-HW3:KY.#`.2RS5#A`!N#$(+FI*![A2-IO/*1CB7R[.9S]OX>+AU MFCE/Q"&I^C?6:EPR10!:85^-DR=?!-3R$$U37+9DU+W4B$;S<;K1;F$-L)9*-^A:2>&N'FDDSS"""Y7L=\2C*8%SJU<#N6B5FZ*()1R'<*M3@O+\!FU<@GND*"2(:3+C?Y- M#(;K_/!CJ:D)`%!65H:=.W>BLK*2+0&+[XLP7V,'L_YEBG#% MY5YWW76(1"((!`(`@):6%MQQQQUN%$4Z4KZ\ZK1IT[!BQ0HL7[X<965E*"PL MQ*!!@S!V[%BF=#MC5N-,_/([N1HGB_>T8HQZ:_UUVER-TY7E5??NW8MWWWT7 M!PX<```L6+``U=75>..--TS3_9>BP;K'JE]Z&4M>7FZ]L"ZP;LUJO+IZ%?=T M7:E#SYPY@^+BXNCGZZ^_'B=.G&"[UM^LNT*EQ^-<#<*['[IXR4MXX<4EO?8' M@T'#+ZT9K@A:7EZ.^OIZ5%=7P^?SX=BQ8]BX<2/3M='5.`7'Z_5J5@]"KL;I M\_E05U?'*;7$L2B-:8`<<^%Y9G+G&R-@+%?IGH(2O]=\6SLM5LP;1+'ELMI7 M46*V,FW&`D7G#9$V],<;=KMW%Q*T&S.15)WM=$,XE^N4Q[7[NRUIXG')0F6# M!.W&BLM-9TC0;D01S`P25#(RNE'$A(6%%=.A422H%2P\'*X_-^EBY('J4,D@025#.)=+L7ECR$(9$:6?2H)*!@G*2#H/ MF<5"@DH&"9,.K5SA!`7`-M:5>$[B9$#>WPR]^6%:^6IA)UP8 M@W@N-^[5+IV9/HJ&6M'7PQ+3X%DV*_DFGJ?U6IUUQ+10IBE;>N9@9BIV8E.<1.>2=+P/"N=RHSU7![A=CS[,2R]>* MXZDR:-`E//_UTW/Z6EA;,F3,':]>N M145%!1H:&IPL1D;AF(6&PV%\_?77F#QY,OQ^?]RQI4N78OSX\9@]>S8:&QLQ M<^9,?/'%%TX5):-PS$*]7B_*R\N[.NL)[-V[%Q,F3```C!PY$N?.G= M*DI&8X9ZNXZU<5>T]H_7!!Q_$H4.',&K4*!P_?APWW'`#DW4"P/D+ M%UU9C9,W2U]Z&=5+EO;:'PP&46CPI37#44%K:VMQX,`!!(-!;-FR!?/FS0,` MK%Z]&L\__SS\?C].GCR)/7OV,*=)JW$:HZA:)I1F!(-!Y.?G`P!:6B_K6J@, M!(-!#"CH^C&%0"!@^5[%\5$V.7/F#'Y37HX-K]7@J3E/XG\^_%#SO+J=.W'/ MA+OQX_NGX,?W3T'-^G718V?/GL633\S&F-MOB[OFT*%#6+B@"@L75.'PX<,` M@$@D@K(9,W#AP@7G;DH+50`"@4!/P$UM:;VLAL(1R_^G3_^%NF-GG1H*1]0+ M/[2H145%ZH4?6GJ=5_O.#O6;_SNEF<:N_]BM_N6O>]61(T?&[9\V;;K:TGI9 M_>%2JSIMVG0U%(ZH-1LVJ'_ZS_O*;D]&&5T%! M`;*SL_%I?;WFN6^^L0VO;]R`E2N6X\R9,]']C\R<"9_/U^O\`=<-0'-S,\Z? M/X^!@P;BQ(D3./KE4?SBX8>=N1D#Q(WE6N3>>^_%X<.'<._$B3AUZA2^__Y[ MM+:V]CIOXJ1)^.G/?H;"PD(:S!LK+RR:C7>^MV;\'@\6+9\ M!>975F++MFU8O>H57+UZ%8_,_#5&CQ[MY.U%D5K0=VIK\<'[[T-1%/SIO?>P M>=/K>/WUC?-15;4`CS[Z&/+R\C!NW#@`78V=G@C-2TN7H+.S$P!PX<(% M7+ER!4.'#F7*[_CQX_CJJV-X^)>_Q*762Q@T:!#R\O)P]>I59VY0`ZDM-)9/ MZ^OQ7W_^,^X:FYM1]_M=T6-/5%2@T/KK4NM-R[U M7J;6>^%;[[B3^=I%.$%CT9JN8S2%A^6-3*VW]?5FH3B=;S*0RTU`U.F;/9"@ MDD&"2@8)*ADDJ&20H))!@IH0#H>Q:@ M_4I'2N8R!8-!]*?0'^QWY)*]WJU\=1!74"L+%?%>D,B-?!D15]#$BD+5V&\E M:,I:\;B5+R/B"MJ#41!5*U+.$FQE653!Z7R31(C@?&R[+=@6[-HP&KK0^M;K M'8M-1^.Z4&AV,NU5(01M:VN+;I<4%[M2AL$#4[]L35M; M6[1USXKX+I>(0XA^:"0207-S,P#`Y_-IOG,J"ZJJ1CW2X,&#+;^`)82@!#OD M-&G#Y]&G?==1<:&QOC5D1+!\CE:J`5#:VIJ8ENEY24 MH+V]/?4KG#!`L=P$:FMKL6?/'@2#0 XML 54 R108.htm IDEA: XBRL DOCUMENT v3.2.0.727
iShares Currency Hedged MSCI Emerging Markets ETF
iSHARES® CURRENCY HEDGED MSCI EMERGING MARKETS ETF
Ticker: HEEM                    Stock Exchange: NYSE Arca
Investment Objective
The iShares Currency Hedged MSCI Emerging Markets ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization emerging market equities while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares, Inc. (the “Company”) and BlackRock Fund Advisors (“BFA”) (formerly, Barclays Global Fund Advisors (“BGFA”)) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except interest expenses, taxes, brokerage expenses, future distribution fees or expenses, and extraordinary expenses. “Acquired Fund Fees and Expenses” reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not used to calculate the Fund's net asset value per share (“NAV”). BFA, the investment adviser to the Fund, has contractually agreed until December 31, 2020 to a reduction in the management fee of the Fund on those assets attributable to the Fund's investments in the iShares MSCI Emerging Markets ETF (“EEM”) (and those assets used by the Fund to hedge the Fund's exposure to the securities in EEM's portfolio against the U.S. dollar) such that the management fee on such assets is equal to the management fee of EEM. The contractual waiver may be terminated prior to December 31, 2020 only upon written agreement of the Company and BFA.

You may also incur usual and customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses
(ongoing expenses that you pay each year as a
percentage of the value of your investments)
Annual Fund Operating Expenses {- iShares Currency Hedged MSCI Emerging Markets ETF}
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Currency Hedged MSCI Emerging Markets ETF | iShares Currency Hedged MSCI Emerging Markets ETF | [1] 0.78% none none 0.68% 1.46% (0.78%) 0.68%
[1] The expense information in the table has been restated to reflect current fees.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example {- iShares Currency Hedged MSCI Emerging Markets ETF}
1 Year
3 Years
iShares Currency Hedged MSCI Emerging Markets ETF | iShares Currency Hedged MSCI Emerging Markets ETF | USD ($) 69 218
Portfolio Turnover.
The Fund and the other fund in which the Fund principally invests, the iShares MSCI Emerging Markets ETF (the “Underlying Fund”), may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolios). A higher portfolio turnover rate for the Fund or the Underlying Fund may indicate higher transaction costs and cause the Fund or the Underlying Fund to incur increased expenses. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example (except costs to the Underlying Fund included as part of Acquired Fund Fees and Expenses), affect the Fund's performance. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Emerging Markets 100% Hedged to USD Index (the “Underlying Index”), which has been developed by MSCI Inc. (“MSCI”) as an equity benchmark for global emerging markets stock performance with the currency risk of the securities included in the Underlying Index hedged against the U.S. dollar on a monthly basis. As of June 30, 2014, the Underlying Index consisted of securities from the following 23 emerging market countries: Brazil, Chile, China, Colombia, the Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Malaysia, Mexico, Peru, the Philippines, Poland, Qatar, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey and the United Arab Emirates. The Underlying Index may include large- or mid-capitalization companies, and components primarily include energy, financials and information technology companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

Currently, the Fund achieves its investment objective by investing a substantial portion of its assets in one Underlying Fund, the iShares MSCI Emerging Markets ETF.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund and the Underlying Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities or other instruments comprising the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Fund or the Underlying Fund may or may not hold all of the securities in its Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the Underlying Fund) and other instruments of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Components of the Underlying Index include equity securities and foreign currency forward contracts (both deliverable and non-deliverable) designed to hedge against non-U.S. currency fluctuations. The notional exposure to foreign currency forward contracts (deliverable and non-deliverable) generally will be a short position that hedges the currency risk of the equity portfolio. The Fund seeks to track the investment results of the Underlying Index before the fees and expenses of the Fund.

The Underlying Index applies a methodology that sells forward the total value of the non-U.S. dollar denominated securities included in the Underlying Index at a one-month forward rate to effectively create a “hedge” against fluctuations in the relative value of the component currencies in relation to the U.S. dollar. The hedge is reset on a monthly basis. The Underlying Index is designed to have higher returns than an equivalent unhedged investment when the component currencies are weakening relative to the U.S. dollar. Conversely, the Underlying Index is designed to have lower returns than an equivalent unhedged investment when the component currencies are rising relative to the U.S. dollar.

In order to replicate the “hedging” component of the Underlying Index, the Fund intends to enter into foreign currency forward contracts designed to offset the Fund’s exposure to the component currencies. A foreign currency forward contract is a contract between two parties to buy or sell a specified amount of a specific currency in the future at an agreed upon exchange rate. The Fund's exposure to foreign currency forward contracts is based on the aggregate exposure of the Fund to the component currencies. While this approach is designed to minimize the impact of currency fluctuations on Fund returns, it does not necessarily eliminate the Fund’s exposure to the component currencies. The return of the foreign currency forward contracts may not perfectly offset the actual fluctuations between the component currencies and the U.S. dollar.

The Fund may use non-deliverable forward (“NDF”) contracts to execute its hedging transactions. An NDF is a contract where there is no physical settlement of two currencies at maturity. Rather, based on the movement of the currencies, a net cash settlement will be made by one party to the other.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).

The Underlying Index is calculated by an organization (the “Index Provider”) that is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Fund’s Index Provider is MSCI.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to the principal risks noted below (either directly or through its investments in the Underlying Fund), any of which may adversely affect the Fund's NAV, trading price, yield, total return and ability to meet its investment objective.

Asset Class Risk. Securities in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general securities markets, a particular securities market or other asset classes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the Fund more than the market as a whole, to the extent that the Fund's or the Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Hedging Risk. When a derivative is used as a hedge against a position that the Fund holds, any loss generated by the derivative generally should be substantially offset by gains on the hedged investment, and vice versa. While hedging can reduce or eliminate losses, it can also reduce or eliminate gains. Hedges are sometimes subject to imperfect matching between the derivative and its reference asset, and there can be no assurance that the Fund’s hedging transactions will be effective.

In seeking to track the performance of the Underlying Index, the Fund will attempt to hedge the currency exposure of non-U.S. dollar denominated securities held in its portfolio by investing in foreign currency forward contracts, which may include both physically-settled forward contracts and NDFs. NDFs may be less liquid than deliverable forward currency contracts. A lack of liquidity in NDFs of the hedged currency could result in the Fund being unable to structure its hedging transactions as intended. In addition, BFA may seek to limit the size of the Fund in order to attempt to reduce a situation where the Fund is unable to obtain sufficient liquidity in an underlying currency to implement its investment objective.

Foreign currency forward contracts, including NDFs, do not eliminate movements in the value of non-U.S. currencies and securities but rather allow the Fund to establish a fixed rate of exchange for a future point in time. Exchange rates may be volatile and may change quickly and unpredictably in response to both global economic developments and economic conditions in a geographic region in which the Fund or the Underlying Fund invests. In addition, the Fund’s exposure to the value of the component currencies may not be fully hedged at all times. Because the Fund’s currency hedge is reset on a monthly basis, currency risk can develop or increase intra-month. Furthermore, while the Fund is designed to hedge against currency fluctuations, it is possible that a degree of currency exposure may remain even at the time a hedging transaction is implemented. As a result, the Fund may not be able to structure its hedging transactions as anticipated or its hedging transactions may not successfully reduce the currency risk included in the Fund’s portfolio. The effectiveness of the Fund’s currency hedging strategy will in general be affected by the volatility of both the Underlying Index, and the volatility of the U.S. dollar relative to the currencies to be hedged. Increased volatility will generally reduce the effectiveness of the Fund’s currency hedging strategy. The effectiveness of the Fund’s currency hedging strategy may also in general be affected by interest rates. Significant differences between U.S. dollar interest rates and foreign currency interest rates may impact the effectiveness of the Fund’s currency hedging strategy.

Currency Risk. Because the Fund's and the Underlying Fund's NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar and the Fund's attempt to hedge currency exposure is unsuccessful. Generally, an increase in the value of the U.S. dollar against a foreign currency will reduce the value of a security denominated in that foreign currency, thereby decreasing the Fund's overall NAV. In addition, fluctuations in the exchange rates of currencies could affect the economy or particular business operations of companies in a geographic region, including securities in which the Fund or the Underlying Fund invests, causing an adverse impact on the Fund’s or the Underlying Fund’s investments in the affected region and the United States. As a result, investors have the potential for losses regardless of the length of time they intend to hold Fund shares.

Custody Risk. Less developed markets are more likely than more developed securities markets to experience problems with the clearing and settling of trades and the holding of securities by local banks, agents and depositories.

Derivatives Risk. The Fund will use currency forwards and NDFs to hedge the currency exposure resulting from investments in foreign securities. The Fund’s use of these instruments, like instruments in other derivatives, may reduce the Fund’s returns and/or increase volatility. Volatility is defined as the characteristic of a security, a currency, an index or a market, to fluctuate significantly in price within a short time period. Currency forwards, like other derivatives, are also subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. A risk of the Fund’s use of derivatives is that the fluctuations in their values may not correlate perfectly with the currency being hedged. The possible lack of a liquid secondary market for derivatives and the resulting inability of the Fund to sell or otherwise close a derivatives position could expose the Fund to losses and could make derivatives more difficult for the Fund to value accurately. The Fund could also suffer losses related to its derivatives positions as a result of unanticipated market movements, which losses are potentially unlimited. BFA’s use of derivatives is not intended to predict the direction of securities prices, currency exchange rates, interest rates and other economic factors, which could cause the Fund’s derivatives positions to lose value. Derivatives may give rise to a form of leverage and may expose the Fund to greater risk and increase its costs. The U.S. and certain other countries have adopted or are in the process of adopting regulatory reforms affecting the derivatives markets. These regulations may make derivatives more costly, may limit the availability of derivatives, and may otherwise adversely affect the value and performance of derivatives.

Energy Sector Risk. The value of securities issued by companies in the energy sector may decline for many reasons, including, among others, changes in energy prices, government regulations, energy conservation efforts and potential civil liabilities.

Equity Securities Risk. Equity securities are subject to changes in value and their values may be more volatile than those of other asset classes.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets. This sector has experienced significant losses in the recent past, and the impact of more stringent capital requirements and of recent or future regulation on any individual financial company or on the sector as a whole cannot be predicted.

Geographic Risk. A natural or other disaster could occur in a geographic region in which the Fund or the Underlying Fund invests, which could affect the economy or particular business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or the Underlying Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time, which may have an adverse impact on the Fund and its shareholders.

Information Technology Sector Risk. Information technology companies face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights.

Investment in Underlying Funds Risk. The Fund expects to invest a substantial portion of its assets in the Underlying Fund, so the Fund’s investment performance is directly related to the performance of the Underlying Fund. The Fund’s NAV will change with changes in the value of the Underlying Fund and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Fund.

As the Fund’s allocation to the Underlying Fund changes from time to time, or to the extent that the expense ratio of the Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. Fund performance depends on the performance of individual securities to which the Fund or the Underlying Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund may not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Fund could lose money over short periods due to short-term market movements and over longer periods during market downturns.

Market Trading Risk. The Fund and the Underlying Fund face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/redemption process of the Fund or Underlying Fund. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund or the Underlying Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. The Fund is specifically exposed to Asian Economic Risk.

Passive Investment Risk. The Fund and the Underlying Fund are not actively managed and BFA does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund or the Underlying Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund or the Underlying Fund invests in countries whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its portfolio companies' trading partners, the Fund is specifically exposed to Asian Economic Risk, Central and South American Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Emerging Markets. The Fund's or the Underlying Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuation and greater risk associated with custody of securities than developed markets.

Securities Lending Risk. The Fund or the Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Fund could also lose money in the event of a decline in the value of the collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund or the Underlying Fund invests have experienced security concerns. Incidents involving a country's or region's security may cause uncertainty in these markets and may adversely affect their economies and the Fund's investments.

Tax Risk. Because the Fund is expected to invest in the Underlying Fund, the Fund’s realized losses on sales of shares of the Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by the Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of the Underlying Fund, if any, would not offset net capital gains of the Fund. Each of these effects is caused by the Fund’s investment in the Underlying Fund and may result in distributions to Fund shareholders being of higher magnitudes and less likely to qualify for lower capital gain tax rates than if the Fund were to invest otherwise.

Tracking Error Risk. Tracking error is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities (including shares of the Underlying Fund) and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including differences between a security’s price at the local market close and the intrinsic value of a security at the time of calculation of the NAV), differences in transaction and hedging costs and forward rates achieved, the Fund’s holding of uninvested cash, differences in timing of the accrual of dividends, changes to the Underlying Index and the cost to the Fund of complying with various new or existing regulatory requirements. These risks may be heightened during times of increased market volatility or other unusual market conditions in the affected securities and/or foreign exchange markets. In addition, tracking error may result because the Fund incurs fees and expenses, while the Underlying Index does not, and because the Fund accepts creations and redemptions during time periods between which it is able to adjust its currency hedges, whereas the Underlying Index does not. To the extent that the Fund seeks its investment objective through investments in an Underlying Fund, the Fund may experience increased tracking error. The potential for increased tracking error may result from investments in an Underlying Fund due to, among other things, differences in the composition of the investment portfolio of the Underlying Fund as compared to the index tracked by the Underlying Fund and differences in the Fund’s valuation of the Underlying Fund (valued as of the close of the New York Stock Exchange, typically 4:00 p.m. Eastern Time) and the valuation of the securities (generally valued as of each security’s local market close) and the foreign currency forward contracts (generally valued at 4:00 p.m. London time) in the Underlying Index.

Valuation Risk. The price the Fund and the Underlying Fund could receive upon sale of a security or unwind of a financial instrument may differ from the Fund's valuation of the security or other instrument and may differ from the value used by the Underlying Index, particularly for securities or assets that trade in low volume or volatile markets or that are valued using a fair value methodology. In addition, the value of the securities or assets in the Fund's  or the Underlying Fund's portfolio may change on days when shareholders will not be able to purchase or sell the Fund's shares.
Performance Information
As of the date of the Fund's prospectus (the “Prospectus”), the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.

@ MGUT28DZ(7LM5!NH:_R.YG(1PME>]X`@L[22&3_\_L-U#^/"?X=_AUZN\H/^. MDCOXZ)^SVS"&Q7T*22W,0'Y^2K,4!&LO.(GA./'WI]?XB\_AUYA_>P8&/#WX M/,H&]+\36#;_)8N#CV'R-:0=^B..BB2\9C.FL@>L*A")/F+HH+5>B=#'?X>B.]#ETW#RY-PG%-B?DM/.DXKY@1&588&7`_L#$@%L)[:!(M`& MH"<1$P7'^WL6W<31+3,@_^4S MNYF840`G-V=TH^!?8:$M1%QMC&S9S\)!<'0=:^ M8@-Q5O`54#<`]K"X38/_!9;,P9+@8P(7&54@1DKA$.]XQ\*`VB#6X+K"?K#5 M/.MP:+9A`!CEL2:,)9V+\LKJCTX].9G:%Z$MDR;XO;?1+:MQ;GEZ!MA M8$UAO6B]DY*XP_^!?\6P6+\%;ZF/5$6RUH'&2?P5;3('ULR^1]J+T6._Y6T6 MJ8,HM*,5HJ[P$.."-9BJH9)'H'J#FP:W($-''_/K"2X6;)@\+HR;KQ3)"+@Q M3JC""LLFX5SP<,GZ&E>DLQQ_AP,J^6R`(JP`>8`L M-"O4]'*OD![,"G:ZV%3%LIP@Q]JQ\ECXD..KL,\AEP\8HWR:4A2#K.X[-,+Y M`J\'FGYM#*@#)N_),I0'48%Y/U,082OFP5WP-8JF^""/=8EC\6,1G$`M:N14 MJ)W<";TC+VLT86AE5B#0XK`S_X,<1R3745WW MR7C(L(!T@TJBA)>@32YA63WG1%12&Y1O/`2W37O5 M8_@S!B45JRG)ZRI-Y"!1.G?!;01N%NY/_K)'<8]0`&0K;U$/E4C"C0$OH"?> MQ>"-<<"5#2"R&]F,S-U]0AML[D9I_S;-Z']0A%"MC@1+"GH* M*(1"+JBZ56SF>Y'R(EZ/UGM8G85B%R4QNJ?QU+9+6``M>M1+[;#+ILVF2-&F M;\>4HKALV&87[$MA_^![L<-XG/@1ZQOW;#>->%\ M"I]3V([S!XPCB9()=2B2,X;[&J,6[R$3WU+HK8Q`B7RV2*OW2`FP=8?/'X"F MB5#2$`M14%)K&./,S>'S>[E^58TDU2'>9(R=9EEX&?`P$0G%WA"'*_B(8.?%D*6K--3?CN@&VP)4 M!!GIA*W=7TE/X#40V6.SWTM6_(C0BP75869T'_SJ,DN!K2D+H+PP,HC0V/X& M'B0Y%KJ<+/I6($MH,]++C(9L,&G>(3CP+,.4LYPW?`5-TX(VH><3M=BC<(G& M6D(2P+H^),A`:0UCN>EQ`C3/6&/30UX*L\$[A^A+F21J;MVU^&^^*N576<2H M:&DE$&)0>J_)F9+T^IW>UG4GCC8G7(\%$&U&^LYGUY1&!'I,T.^,+/)2D,]Z MLXN@W&IP[SE"2)L[%J.92(ZA,B6F>M/8C8'CQX..P&7HT2+@B:SW*)<[0C1D MO![5B'B"]91X^T02`9VLLQU).\%L*;-Y/6+?9IY!BD.75B M$]A:&HPGLZ&4\3O6WE"_1Y:T'O2!AQ+T9U`//JBLD7R_81:1GX67`Z\"%@G;1JD4#8]F_!.A.1T.>@W**>XI2RYA&&LW6BA*VU\E&\Z6H85Q-2](OX MF.-@/8G2W?6,9M1QNQX:&Z2TF,Z>%OD]GQXEW8;5VJG#I$W.2@835X[I;30, M9WED[P`($9MU2$*18[5+V2MBA)DS5ZAAP(/%*' M<]TK,D(#>1AS=)#JSPNCQ)F"1@O.BW147>]'!+@;@76LI*<]2T*BLF@N9%A8D!K%32GY!.+:4#3 MB%&MS2%_Q M&340R;&.Z=\).KAA3NEO?5%[DLLA\8D<;P21/(_T#WQB64;`^>AA<"9=OH:F M$08E2:)$8WBE;,LTQ&8Y]?+.9%=JSOFSFT2L'*J5G[$.%E-PVN)@ M12!6*)ZR!+[FG'+M6>H`3)J,8ODCB'KX[T"J`4;I;7))-\5A%EU;ETE4@2Z$ MTA(F!H8*CI^G%2&5-@&+62;]U$*6SP%(5OAEWZ08(8UG!B;9Q3GL`D4$D=9 M3CJ6W;Q+\QQ65O6R6V6^^1F6$,?@CZ` M\ZN2@L$M;E2OL6F\:EV%@HD^-#_H60VVE&S4M;.(`R,>:9M125V2!I>S,`-V MB[P)$I6#"*D@1R4X:>49!S6,/>N-6^")";*L/*K68)>*04L MD<6'*E'K,Q,C/DIK2YU`A^4^A*/_G>7L0,`53*GB098BUP9S^J!^Z1C2#`,C M3J"N&ELYRK(TLP+%Y*!SAK8NA(>,.QQ21AY$HL[C7D<@BL&$2"_O.!9.7,X] M:5A8B(3@_ZI`K-PZCA!3&I=3XG!*2E9Z\KZH*$/55((4PB-[EILWSP:WHF)( M,'EX:$/`%YOP)QN?9<:D1]J.+8?B=9$HJSI&K[ M,(\"7!-2V7$ZRXFUJ*2.[:L&R_^DTZ=5K9"[)"#WCV>8(LFBZ82+#?WA^[CP MQ#YH$U6IO2.!36)1O6;*\Q@D4B\%R1*G;[0HDG&U+J@5&N+L!N5M\RLP+W4Q ML3B9],G^,7@W9>3P]_.`^Z;"R[. M^H?'\.W^!1@ZG\^./AU_^12'X<1R`$,J"-`V.U:1%7;,3BW17K:]&UEE`:5HNS@&E,T[E6=%HUY`[CK\;0#^B%Q(HQ74%RGXH*+@*`@*DZU3L='UX+-^ MK/E.B5?A;0-T1-8,=S?RI<'EBUE")%I9?P:;,$'N;1+T-WMSZ\;9I>LBO,&Z M6I,BGTVEL!O?1+?[:W1'9FC"LBZ18CFC8X&3U`^:>1FN5]QD%R1,?VP+FG)Q MN>-XE*O9:PO&6ZT3E]E&MCJPU9\WQ&MD'XK#GA%G6.=WG<;<6`F"+!XYX73K M3!F=LZ:RBAM*5-\)9Z]K4=VSM9`)%W)+K&0C6-O9_``")P'JA^HEP#-3V>)X MP:'(7GLV<+G+Q)T"<^P%_D)L%5E34::LRB045<0,UJ"Z#ZRT6G2)&V1"0#:[ M4[63XFIZ;(/%6`;/1Y!@^5FFF&%/=H]SR".3VD43!J`30O$5U]8EE9BT! ME-4E^KA*?6!)-&5G_F_&F5?5D3NW$J[,(-6@2\ERD-"DRGS/LR*<"+]Z/&5K MR?<^3H84MU-WA)T'R<7^EK-C@2_Z+3<_-_$FE`=D;Q3J#//(J#'A.%_!!KA= MEG)WBTONIV[/*)B%E2AO M`\HOJ@U`-9FK@W*LW],[5$I9J:C]P-1'D?<<%;'4?YGR7F_*IB9SQ>&=09Z" M?AM&X@YZR.%85:$:?K,;C+PI+ZB(AE<)!IAY`S%6-Z2W-MDUC(%3KRP&O*MG MKCZ.Z..89>$(G?%+3:XO.F][N#)_;6Y9O?L>$R=70A5^R4,E61"H22(EJ:DZ MB?TDZ:H>OB$H+Q=7"6.0D_P7Z^U6*9^/J%#?;??]&"Y50P$X%:\\)BX@4ZE` MO&%P88:6;#720GY/*0/,WDC-K)68..G_P458Y79R[ZY8Q0(HIWO.BG!7XFM5 M97!%C=D9QNCI.%!5)",KFUJ7/A*IG42J*94JRK(8PXI)=,MS2>)V5X#G- M0LFKE=L]::7]_]M[UZZVL6QM]*]HY.P:E;ROH3!WJD_W&`XX"5WATD"J=ITO M/61;@':,Y)9L"/5A__:SYF5=M60)(QN<^$-W!5N6IM9EKGE]'N^H2"]['4.) ME\'5I\X5Q!$/?PN.3X^.#[N7P1_'5Y^"R^./I\=B]^Z5Y?!\>7EE^[%)<8IN_]]WKTX[IX>=H-/X@?="[HO7-Z] MN#B[@&>=4F03GM7];_&+0_'1Q^X:!#*[1RR26>;7O?I@09Z2O$=GP>F9%/OR MR^$G*7OU\?R[,L%])PUB-=*6&=O6#A>8<\K+.D9MW%EU!&ICW\[C/)8`UDJK M9I+K?)M',ZC\C#B+K]/,M90HQD@F(Y0=P&Z"MJU[`(##;(V*B2J')]/F-'7) M,21Z"/8B5WV8&44P.83&'_`I-"UAI46:5NPHNU:38`!829B(,A."E$SF'*5, M%;D9*//V#+.IZG6G%!)+O+M.,G#A+AM%$C".IF.C!-\I+JZ6Q@?,VCRN0"_, ML*MH3`<$C;E&/D+PY`#^9^5(^?RE?K(0CHD(LBF$&=/#+GXL<2*#GSOP9'#= M[8)T@KPR:_(^A:IHA*WA92NF7AT+,B=C8*9RT"V"Q"3=,QK8MSR'@(II.[SE MQA@%'$U`(N]TC#*)('(G>\0E/HDY'H2XI0MX,56,!3/"[9N,1L.(>^7,AHRP M!]W+E;9-+-&K*0R*Y7>\5A$O,F"^9W.AL0C6H\WO\\@J-)#[-$LQ1"#.S`*, M@OIJ*B9UC:W7Y#[[$Y?:8X#_9=S,X"W^U<5T^=ZO)SP^% MR20^;VZ70<)([9+_$#>V],VE>7$K\9LD8CER6`#&R_[Z1OLG.;%M<2MY!S&' M0"5%O=7((H_7;Z[O'*CK-\4:=:XO/3V_C`88F;+6H+FVQ+Z[#^,AI?#$PVQ< M4PQ&@[M)X&OMM?V-C34)WOB6_MS>VU[;W-O:`]@[H6+$H1A%O)C*1K\4HKK) M]<3T"Q+KQ]Q>9F>(U]9X*R,',H<V-WOMEQ(>Y:XKE@;Q`_M=$6>^ ME-@E4K@P9B^\**H%9$BLF;B8ZXIX?/K!$/++Y=&;?^RW/=AK#@6SY\NG4@,^ M0\+-GFB;BS.!&WMP[*1-R9(F)[8W$B'NSMEXC8WFB*__$).T53K.YZ MMLWFSFX=*LCF4?4-CLB70-5W0,P_0W1*MN^\3Y.Y\P,VQ0W_')6IYGX!3/;U MF(-G6M9[WE=K+^[="K(#;;;,[?(".TNB3V)Y9-$`@RFU9^B@E#]X<5/D9;2> M::KV?82^V[NE+-[5[_@L;N=G;9[MK0:HG>?*PSW3%!WXWG7KH)3>^)41K<_R MSOL;OF6Y7ZX=%T0]/A>-LGWPQ+>"/7B5`GDU7?8Y[$7#V2E*B!!Z=W^O"";Z MUIP:QF;S;#G*_:`,!Q14 M1@/89H<&1\$SPE3+PHTP=0#*$:9G8`,VAZ=BL>^V_<#2%L>NA*)15]E8$,V0 MZZP@CGY8B"/_NK*`A3Z+P3G!$KOO#$](I6?5&]J`2E`;P0TXT>!2K(C)LY3E MJK7'S(A[!M>74#%2A,?#X83Z&?/?-7[GV;7,AGRO*6./Q".PC/&;]$9;'=(2E_*-P(=2A7B4)W?BFW_G#>OGTQT92Z(427K M'U'O,AY'G8'P]_)G+7?'@ITFF?W0TI3G%W%^(A5K/OX00='K\)FVTS\Z!<)L M6;=*65[,0CNDNU0VA.4(,7#M8FGH+8EE-MOCN7I-0+)9KRP&*!G/?:>4SRUMK&UAHG5:J?7E/015:@[&_4$;[T;'A-_-]F MW-@,:"Z(2KUT:-3@?4X?%K%EL(`112I_8&$E>B^=TX[9==5BZW%PKKZ+4- MHRUKLR-7?QR:S9O-;;5Y\F;%`6H^3=;4*3R/<7G2*3SS2JH^;,\DT.5LU>T[ M^_M;OM23"NVK^[O%Z.Z#BQ*=(UWBXZRS9HD&SI&,YB&'R,=AVA,^:>$X9>E@T/.1RY2S4!K!3!-%$LZ# MRHAJP-=K2#%)T=?M$74'SDI_T#IK8+9C0HN#:S]YW/0>?CQ?'AE\]77RZZP?G%V=&70VCS%.-M=CI=D-.ED_5*D3:V+<,[')W?E!=O8J2FEG:]K/ M=$5Y=E=@86-J*MDQHRH([R+N,5A)D4)*\=TS0QHB+6-6,8!89+'2@$!&C-V) M?%S0EJWRM*KAG;5$BUF&'"U`<`N/EB)`I#'`B+R`L<`H4X?N;\<=WW_H6+][ MBQDF80T#(6[6'T*/*JNE*3?Y:-_EG8=+2KUF1[YF1[ZF)0!GKW(%,LJY&:S\ M&$I0:>@<]Y!WM3"LAK%=QAS7C>(8.FL9]2'Z*P;W-F-J-,/8-R^OHND6BC4% M'BDPU>5W%B-CI\^`R#A>A75M,C.:D7[=A`@9@9!I8/C=BLL-%U@F`3.,5)X; M^-0:G!>1P&A\!H.X!SF"\$++)A MH:5P1Y)/JU&AD5#8,F/VC:&I4QBG.**%FP1I(@83`?H>LG@,L&A:#?/\LIY5 M['9E+:3+4JDVI5VYX!V+R9@APN$_Z[F_%%>9>I!6D#B2.)!OT^0FM72].F7A M/(B`Y1F+'P`5T/B=7;1B838X53[Y.]<#*'GQDGA`TW:'T+ERVE#],F@V\-T" M8295,"$D,2.+Y51O])#X%XG!;<.7>@X+I`.E720?3J`#QGAS6=!_M3=:0FRS M9D1AAB%BCFS_E646`UDZE1!P!1/3XC3(7""S220#C1;/MW&$@OWD2F:==<@_ M'.S\)/O*C16"4H0E@`,>JR*+[D()Y1O>1>*`&PK1(!&,#V5-0U33$B^',JN8 MHW^(LE:@^(8):`Q%)[:&%MV%?OZ`%62]Z%=/H&7*'K4O;-(8YUNN^TUP^X'E M%:V-F>*J-@TVO0=V2:;?#37:(CT:CT&52E"OX3`W:];>BHDRSF:V:>XMJE,\ M016`BSBI.W*6/93A6)Y*-72RQHBN+#=?+K&W0KB( M"E.HDD#B_?%P3#D6IFM>@Z>/Y[CEX2PT2J_6@R,-W'`'"H8)WMGQ0(%AMC2FM;L[#N+V7VA-K<2YK<(^KF@;R[NUW*'C_7VJOM MW8/]!FNO9.ENHR.GZ#,-KY`?%!<=?T>$@FC-N_Y/9YM&L[5S^,=Q<(E\]24A M/'I?W+K,$<%TX\D@,Z%381@46M6?%!>'K'@`;V6!.)0=&G1WKJ8+8LLR/JC_-2 M^14>F'Z1Z[0_X9,[0O"QD:R?YY<@)%<&ZC9!>/5MG<'0E\/3KZ,,P/+^0L8U MZ[;]V^@.2@G=SRU\RNL0B4SZMV)\LT=-FPUS%V;((#J0,-`0R3&YMQ!QMT2L MD5CI*/1UFC*^E%@@C/!=A>188.`$%@%AQMW3ZKH+_R=%1#C:,G&F@@GW43*1 M)5CV6"BZ4RWFN@$NJF9.+-4),-N)U44]"-=Q`@S@`SUL>&T&'1QIXG\*=CH( MNR]\``1R(3@0Z\'=HV_\XJI(S`.OZ1L0,@7PQTP>0B0AZ-=!T7HI70B6G(GW M$'HJ"K8VT$7=;OF'';LR$.C+2Q*HPIB;!P:XK,+)S7\-.EC6/8S#5O`^"_^* MARWA>B?A0/Q]"."*^)]$_'44);`Y6Q`,&8;@@7[(0$FT@H\1J(M'\-,'$]QP3]#(5]+[%B(+,+W)]&WN)_2NYU&X(_`K<7R/TVS MAU#\XCRE9U%4H!5`8.H$ M`SGF,3,B7@O3Z*7253$QT+\![4_@1N%12&QP3$_G=:7\?'5?$L#G)PY*7VQ2 M6XFZ:I^?9HC:$\K(E),.96RV&M,Y+0NI^19PB`?`L)%F$''QL6N@J2WA(27T M-D`YCD;@-X+=1D"1I<-Z+(<*RSJAH2N184U(K/2];($&G#'HI,E8-A]X]WAO M,C8Q4I%5*T_O5'A#=74H*B@9\]/>T2C5")J/?"JB0E7R*Y-'3C"ZL8;'THO& M4(2JZZU-2T'8'5^C:`0W\ICYT-52H/8N\*-XP]8UEK/J.$)#$!SVT9!"'/+5 M)#<9V#SX,"-T;:RP"_^-+(\P5\E3^\XPR0K1W@JS^`5T^7OQ!M"8%\EAP7"& M2?L`Y]DUX)GF8I5!_R*>N5-QGVV,4IKV:,`'VXC^@/"2\+E:\M`(;VXRH!_' M3_2,R`IK`!+N"_]9A3>8558M-:D@[=/-8'9Y#!X06U@(FK]K80`J9)S&PE/D M33FD-+8HE'5\E&@C)N#=!-%;, MUZ#_!9H)SE"BQ1)KE8F/Q6F#,5"W>]*7N"K"(<,A0%X?W+\G3IH(-`TN(8P. MJQ-F&N_J;`YN\43B5@5O'1@T%QQ M19E!?)EPPLES>&D'$>6WN#"!RGEBI7")>1A`5)7"K:_)J)UTTAN",Y5;,*AP M/F1J;"4(O#G$Y4O/LA>=UXDI!U@-;KY"$OB!D02F9$4:;+ZU8JGS:+Z%"JLF M(ZN7DSO,+(NQTT'6"_0-G*"J\60;AZ#18.IK!&*PJ29M!LZ1&C1RJ,12A449 M">>EA2\A[J@9OWT\0<\J9&DIJC^D96B1;=NRJFZHV$4SLR/51RE/?*46[9B1 ML',=#%3:M9S:QPAPE@1&%;F/,U"TT26G"62/,\2S)_]0A?R0@0?M^K"79G9V MB^\,_'X3(HL2=YPD(R`B[U-0F)V2]>`$^SW=P%B9S$J/.PRMID(3IG$\>$1. M):4TH^0^SM*$M&8+,.J'XUMN`;V.Q`L-PP?%A,4524SY:+.[0/;;O+%Q>4L2 MO<3ZD`?]+ERBZ^M<$Z\0&P;4OV7`=96W#.Y(%=Q4)&`1K5Z+KE@GQ"4+I5+$ M4,"'OWN(PC%W$DN21.6L70\Q@@Q1*^R>'H.;EX0TVH,X1S96YMZF&@2:+1VN M$!=%R'@Q&?>R*`0J;!4!*>R\>H)7[P;H=6/DRQA:2%P_KM#I/T7K5&5(DQT!D)Q&?`KC=H M2PN7\I$XC30VS2,S[5#CM4UK>RJ24*_(;`[J51)'F?2F%H\E=>0S]9J4&:V7+.V36W;_AC3 MQ_U/T?T6+ZO'EO8%U$)K\2IKL9PMM7A;/L^A):GR4FMSUYLK;(R%O,`(8`A* MZ/JX?)*NS?G:)GY:,-YER^=_77> M4/*_NJ_TWB$0$W,LC"TP^92_C!.+OLH`7)@L;[E7T^Y1=)P<.9"/Q$7@,)D' MY:2-`PAI(.LM>%L`7S'6CAE)4.N%B2K7?=_/H$QU0MUD9BYG1Q96C]B8=T9V M72CC$`MZJ&!J/!Y*:CJP*#3SI<%I9VR+WB.#T_3"!,_K&]I0D)&AT%^:U=,R M72HY,,Y<]X6[A:($1^4;"XM,<)9=DGS9;,&**(QU"(>*9SM2/T;I31:.;IEE MWA2[HXP@=6!+:XB7&[$R8G3A1M^'-$;Y\I)V,7.]:G^$`KV/TK]BA:63B&0N MI8E3%"%UGF0<+HC20D956BJUVA7D>@4]=:`@R?K(! M]Q9,B14C9:F1?<"XD-7R4(Q5$6UX-D"7'!4+-B%H1CV#>Y0**J!L&`2!_\KH M/O/?4=H!4/O8[!.S)(^A<3$62H2%W((*$HI;FA[C-$/("+7&X]RBY*L=C,22 MD2F';&Q<5GZ^&IH+]R"PF-%Q@XKT+N2::R]E;4M^;)'>MD![Q7?$[VQYJL$@ MO,,Z>76_8&CEUZ1/HC-&1ME#>)?"*6!Z<'4V,YE+[@CA^)L!'0J&YR7`CP:X MEIE$35T-"4E4N2'6@T-[<*]56X]Z+1B*/L01Q@%[DMPNRT:>+%&W?#!),%U( M--BBL2U18XPTU53Q#,D-NY?WRO4$7*,L&@VI\-B?08K'GJ"7YEU__Z%CZ6N= MVY:/H242<;*(FQ,X553KI5`CEGH-1DR0$FQ8.I#?"C=:-1:P7X`?KH$I)TVO M.W'QG3(XN.@@`;9S_=-,%Q@*F^LAP9KO^H)?<7BN]`7$'H!T'EB_0+W+3Y)1 M/0PJFJX.KNH4/!)8@="MR6M-E7%0?E&L2*,8O&6#EO'-*:.8`B#HHXX:R%<7 MM\43SZ#I9?9(/IN4DA?>&?S]2Z;0'6#6^US'J8LF.J=_!F'5V<=D*.B=GIQ^)]U;\!4RYG[N=H^#J#"Y$SMN?+P/JT09*VR,@S.U<";/H M_*)[P:^$&5ZM?4]4N=X4W>L"W.;";T%(W&2,J*!% MXT=7`9*N7B_RFKN7%".>=,3H$\OD2;XNN#S8OTH$L1GEC(4.'$;RQ!63GTXR MO`[6]YI9@PJ9FAM=:.%WN6;5V#\PBG"]P4$O;HJ[AM(P->R038+9*"-L]A.78RAFED/0Z@: M"T-:VD(@LT$Y#%#@.S:C-JH$TGAMFT?9?0$G:\->"88#\6BG/*(Q(QG4A0HM M#/L[Z$K!8%;TI-28VG.JC30;%L)`9KWQ[ MX4+&M.D3=9R?"\M6C%=Y#!X&NX\"68GE(XX:%@N,1 M/Y*"N5C1J4]AL9+D#^IY+;:7#9N%(&NMMBE]P/VL\XPLAE%^6V=_X=:L/L#$W<8C\20$(X!:/VN^ MM50M"H5SLZ'T3!YSH8):8C%Y#*PKSK5!X_&Y,PXM6-OA;J[QQ#IUYA) M,XAAGHS"#).I$=N7PXLXWJ5//*SO=K^&W.77B$":N5$T-WQ!IQR\Y=V&=F3F M"2YHY2`:=L1GH46F>AQ8,>6&M(O+:N$/].+U/;_QB5'?<\(IO?2+,.J M<%Y%PS0$8\)X\'48#W$0N&"A6&H68F"&CLB$\B;$;;_NNH*8\34DX9E&BX+, M-A6=3Z86^3&J#`5.BC)CW*CL5G;U"IQ$`XYL8:VH?HKLPV6#QW@%<6#<@">"])KKI!B'L`YOHV49M51KO,":F0>*0^&+O*QV!D# M-E]A\9!1SEFNGXV&HI]S_7,=%YDD?.B/Y23FD=IF,NCG*ZB),_.$M8M_S#.O M>L@P=(FA=W_^J]KD44E-G63@.C9&B()H,FIL>;RTM'U,4;H4]0LD?SC&5F.R MKR!"BWW:$(XM2B^_CO#KF'8U$I[<1.S>>$\0TP7BUK:IG03V6M7X/.$L82PK`Q:+2",E40/A(05 MTY%N93`PLZ#LSI@,'X6(H=U-#K[!H+#7*0L!9/&P$1F1N;%)0L`Y!2>HL!R- M[B@T0W8"EI>)A0=- M7?>`^XGY`Y5#E7H=UQ0;UM1#QZPI(1@)G(ZN5%8&&,,C'ER.Q>JI?%-7?,@ M,:]VS0?O`5R%8-+X_!T.M2DH\WX&3Q&';2/HZJ)[1@/[EHM>I,$E%#U$7*)@ M]IV%O712`N)FRA=+^$X*I,/UM[Q6$=@\8/8)\=M$^-Y2G,EFL, M\=^&`WQWQ)\_L'NGV!^*%:;! M/?HG+M/'`/\K#X^W^%<7:P$,7,UW93O7W:;R\T-AQHC/F]NAFV;/F];C>RJ"9+'*(W"6(N#E;A858=6[HVAO`P-54 M*[._,9'3'QSL[];EJMG8(JZ:,EF4L$>&*A=GXB75@;4W>^V7$A[EKBN61IP% M'T,B$;Z8V"52:$X=AD@&90TO(E[M)65>A^N)V*:.8"YTZ$O)O&W"B?KDJZ8] M6IB\:\8@5XNEWN`T&K_P(+,"\0HR?W8C(?OVXMF-B*F@FT39S:."79P[SU%3 ME#YS&+.G4?HT,'S5Y#[V`(/MN-&>T\8X/OU@;(TOET=O_K&]X9EE$F(AF^(% M*+]H5D\B,?GY"58++>76>%FVJ\8&<:8-LK6X#=+>W"O;(5O31-Q9G(B;FUME M(NY,$;&]L3@1=VP;QY+"(6BD50>.ROS,@W@@I!Q'=__>;_MLA>WVGL&.J`72 MDII[A;Z?J^+V6C1*RC)A&A17$F8+HRDQ79FWM,K%MH>8@_APWE/]=-W=>W[LVM\%V?.^\TVZ_V#O/=\/M[C?P M9NJB&:BQITX24&-OKFVT)9E\U;-+K>,OPDEG$O+JI%S]Y14+TR MKR"9W"B8C-%N1+S06(94HX$I$[%XTPRKUVY)++/K$@MJKTE.J/FXB1-,UO2A M!A$?26`'",AL-+/R4W!U'C/&2TFM#C:60B*BI5-KUF,X M2Z'(7>CUJ)?DVUKT#3M+Y..9T47^\7";$K@AXYB.N4T`?CF08P,)I80BSD;? MT/9&^^W7=X'PLQ*^J5H&0C*N`)-\-#8YY/%%QV:[\TYMV5R53JZPK(4P.)92 MWWXB"IUGS"YFZN10&WE-K""R?7)] M#4A?R5BC'P$TB"IX`GQ(!=%+BZ10C(/HJ-?7@%%APBA93:*R!,T6UJE9:>#M ML1S]6S^2)(+R;A(N%F\G?OU+FM5ZDG^QE,Y]T?NC"C#H]*'8^*%!M?>,!-:R M4/Q-'8!".D!LPD,&PH@&5^D%C,C1)+I*W>S"LT`A5T2A,Q.%6GF3VK/UA+0* MF"=GUU?,F/DL`_#-/PHDFS63*`4ARAF]9K"/3!$K[,[VMI_(R[(Z)":MNLJ& M2&N&NGZ%=?S#8AW[UU4C9<:O'JQW_F7&_@VW*C-^!67&RU-R^3K+C*WQ>_UE MQO-@P[2&X/ELF`UBRUN2S0-;?BZQ)?O`6,66GAU;"DTB'^.>Q%PT;S"=*TM+8XV"MKXW0-:L7Y_?`%O.(4BNO=J^:1 M`]E>VSA8V]JPJLI]SZT4;J'%G>WMS:D2*VGY=/@75?4/'^6"Q MR\-[[3QF>6NMO2DS7=5/KRGH0M/@NULUA%>"?TX?%C'KV$B"J97<*LT`#GTDZ$1ET?6X5HQUL:*"*<8JHY76, MOG3\T\H8:P]183&\SA$T"T#K#I=\HR<,FW\0YK[P"LWTBUUX-(K1MR^71Z!L M_P1:J\,T`U;FM5=GQ)I??A#V(SEF[O'3#0PQP?R"#/ED MA)U[:,ZV][:QA^\7_A3Y'H./G\_>=SX'W=/NQ<<_@_.+LZ,OA]V+RT"\I]G\ M=Q7WOT;9K\&'X\^?\79)+Q_];;G_=3F&M2@SM;\&IW]>=H-.U@]5*-::$]TQ M)ZD&&I@L(]6D0OGJ_D[[I/O<)I?/SO.6STGWJO/YDA*I\+_@Y/@4(*8KU]/Y M\>%O+[\27LEZ.L]BJ%YHI(T)7%D9V*290LT64)-1H(Y3F)A"%MST@3&!7YNS M6#*T!\2'&R$=Q`T]&B"K9+I0@WZ/\*4AUFT0&R+BH>)*N0XBDCKZ-AJF!E*F MQN%>MW>(.Y(-[MV=9O'LQX`OBJIUQGG4D^U"P@)3A"SLH",NGA@9CHX\_'!'Q(XP[ M"T\-L@0:N`W#>BVCR$I_15DH*]Y',XPX=O(JFFZA2U*@LH:"+?E=*5;#LA1^ M30$&:5#/[U3J>>J8,T]DPBM_Y8K_#J5LT>K@VJW,I(DE=$69'0<0._&:N%BY MTN0&DB$8RXZ']Q*YI?I@>*X>]AP+S]/##9=0:I6\+#OI226439Q:.ZM3:W5J MS79JF:]:46=KO*R5.]>UJ9!C#[FJEM^MN-QP@654Q&05Q[BI1*UQ><&I''U5 M03"R^]K%NB8CNLM+M"HOGKF\&)9YRSU<41TP5Z!:WI!@!L4&A^.$:)EA%^&( M(OH9%(RFF90**0`UHQDNHQBK&<([R.K#T0SE&?2(RBD9.%]:CCK#CP&K6JEAGE_6LY)99CTXTF!F M=VD^1DQAI+6"/3>,X(G7<0X%,)!$IAGF@8<:&:C#*&[H4(+6,9I=EDX07TM( M#?`R/WW7)K(;5Q9K8+9J;H]?S%AGN+C5@RSCK)?A0+Y-DYO4.F+4X0['4!2* MU\2`NKM4@<&K%%?;^?[]O7X;DT'*H6Y*^5$RY=9 M5L6Q>QL-1]R.(0R`C"Q6(([`YHF'Q#\J!KL[7^JQTZ_%A6R8RX<3@K"AK+C' MX;_:&RTAMED`K^AKD/)"PG'*FO&![`-)"$X?W2?68;*PD?KFXZ)X>_AE\ZAY][!Z1M=\]Z5Y\A&3A2>?BM^Y5 M::KP4[=[\O))OE>2*FQ@UJ:FKUSHWM+\54-!;5LT,ZA]"%Y1TG\,/D4#"!+3 MFKF+H#7A)CAARI,%!+.QPVR-:OSCP1J79$L^STA*Q)0Y*N9-+#=WS!),:D[Q MZUT/@1LKI`)LD[C)X5,34B08RZ'!,#FYL&-C``V2"XEUEZRA8K!@H4G'XO)9 MA6]7X=M5^'89PK=-1#^]D<'-#0SLNBR_D1,1M6SV5%)Y4 M,0[2GE%[5W/O\=--YC`4#YT1<0R:G>(C%SA5B+]+8/3K>4312 MF>GN$"6R:XRZJ7,[<%P<4/'8!L*R8@9G",NNXJ.SG>&U`VO!K)&UX"FAM8() M6A5;L[VW)BNJ^);K?IO&?F##>-NUPD\SXFTW%U/><:7<;SRFW`PZ\ZS#V698 MRZGHS,V,I[D[4-,%+F,]&-ZW0IOUX MA/S%:E3Y07&A_\.18*XDC,^R/)]@^300@RN)3LH87$EBL20(UQ`=Y///D>G& MEUP*S3=?DA52-_$-WV#RHG/XQW%`%"+%EF%:W&C"4&Z#,83?'I\<%W.'+M2P MF?.0U@YH'F3;'D3WT3`=4=H#):&4J7$_^-3*FXCWNHM"2H%0MKP7)PZM,U3[ M0T;^T8$M;KH/&7[4`QYX_2*8][.K`X1FQG?K";60Y/J4T4,_=8A;UJD@IB@O M?2M"J!,CHU_O.NU/6+&F,24_;L)\RCO1X_JIS)0(!3RY0]&N)]$P-]^>BB/@ M-*6SIP`S3>8U9B6YH**%U1284P%D7+>NPDA_=O#=Q'*/@JT-K(/:)NNT\!2$ M?L['5+>A!T,BI:K2@"T(R`L+G-H4`+WN!HZ77X,.8L<.X[!%_X1_O,_"O^)A M*S@,DW`@_CZ\C1/X3SJ$!2?^]2%.AB$D@#YDL.9:P<0G'5 M>4I_@ZDUN0G%SZECHA5S^,]# M-(C$?Z]N`!\,(('.W-WXJ0C@S5K*8JALQ MHP`%S@BC.-63,>!]%V6!BP:8KM);N>S:TN0A5#),,!%NZK:1D`V:_0V/DX`T MHV^()@U@[&!$H>I]Q'1T_S86JL%O2!E*.955/.M"P&'\%9.LC]["`.VB:0QA M?IHA:B\*S4H-/@00^GU,YX*$=>5;P*$1C*,[P+[)`-;Z6IQ>4!HV2G.:.O)S M6:7!03@4HPL#`(T[PFH$ZQ^=P$'IL![+H4*028"73V1-`=3&]2/;[*2UDD]Z M0C@;]FI,9R5OCG:'B`N3X:DH,C7XV-$SQH\6%&W8BQPB[\-[+" M,;FJK;/O#),L7B`=WD>Y[63Y!<39,PX]O`'0!$1R6-"92*NA^!1Y M4W;H[C42.M[Q$>"MJ-AL&`OS:`!?L"V5V^,$;N74@5)1OI0J/$"%(#`Q^ZS% MTA3OO1.+S2N[A? M&&YE;-D*2APTXI]]72[S)%&8,&00H=H%30Q!NG@TSFWF@NI;O5-A2QZTR0@D M:OM&3-CY8W#@J;1.'#'IR$`)?@A'JK!'?-$?8&??`]@_?*490'1T MY0X9,WB=8_2$J[W0Z`?-!&\C-A45H7%5,%5[QTKA M(L43'#E:X=;79.1$37K#.+_%JQ0U!;@98:;&EC>"-<3E2\^R%YW7B:GRL'0N M5KQ&*UXC7XRIP9*UVFE+3X'$;FGU3+O!*K#G2+C9WJ^N`FN^2W%GE>)8I3AF M2'$TDZ`LB/.OEA=O0:AE5)5J!:FR.9LAE*LYCC*35J^H@%`%$!7U#X7R!W&#V*AUR.M40,C=2OT0F7NL&M1K=:HD^N$D MCRKO-Y8%^>+_LP@WA6[.F5=U1/"6NXU(6G;.7-&4;P%A(";?JVB6>5=9=W%% MSU+6B_>QDRQGT9#O!8;9,VF\?K2>01\U#!((0H#Q&I$H?CXZY6K4KE.:5X?S#&LXU"$&;+":XG-QA/Y*026\0>(A;1V`\ MN.E>&`_\SDR],,AKV6AN^S6RINI='T,\%S,X\EA1=@;G&\2"A*47"4.PA2\A M[DAG&[:H#0#B%#9L\2"9J#;-+HUS']YA2C)%O3*`UJ081"\EK64;4XEL9^GS20X62.3I,D:WH-GH^B.R>TQ@"!V/R:R47_+8=OR-L6"$U4'39K6V'Y=G=9WZ MG7-=E:.L5G<@#I4&,FJ>JFN<8*!HPY'U])!FP\$#U%/P;_&,8?\/_1*,I)/= M-87#P9"'-UB=>BM^-^7ZY/%-@NSA<%R1&\CJ,P0U`]$DU#/@YR:A./C$'`SB M/,S'N$OS%%%>)PGB3V!J)KF/LS3A'.L@O!,CI;U2*;'J+!4C:@`OBEP5R%^@F"E[D6]X*3:\A`,OQ+I?(QT]"7B5WLL\9` M4HWU0W5QQI'L+I-NH7*.DYS2P#'.&[))>.G'&?VM`F"XO>Y3>/6A4LZ<6I[I MQ/T8I3=9.!)*I"!U1\VN.L[E-+.NP@.$?*H;?1_2Q.6Z2<8@Z!Z&?49YX4=I M;_)!H&N.]%KT5:4!+C`LVZ(H+0RBD*+QGM?3("G4/J5[UD[S M#"//21K<3,),;++(6Z,CRV!"BEL,(G#>Z,4SRJMI2\V;.H,)8Z9TOE6I*2I+ M),7T9A,C3\V[+,6<.9R<_3$#*OHL(#M.4H@`&X9Q./B?24ZFL0N^D44<&1K" M\4)8R-F`<4RF9):[609%(*I6`9UA"URZZ*`GV$"4#=!#P5,)X9XCL:/$"9G> MD$ZD14Z,P1!_!T'@O[(6`#QC\(6Q2`$Y%4AMBUF2^GU:E$9Z-$69;:!,X(\6%M5.7,9!;7)(1Y+,X8^,RMI58!9D'EZ&W<`M. M1J,AF2IX"M^%G+S@\T8VHF$WM-`#_+%8B;DP*(59BU6?0G?%PDR`W_E.#H// M0BASLQI'.BRZOL0HD@SO4C`A*)1-)4,U!HN,4'>`*/!MN+>4.<]+8H0&+[A9 M<96Z^O$VU/M!G.7VV%XK_'3U5C`2XFP4?P0C8BRE3*W M16,SE+H%IHZ1QD8HGB"YX4WP5KF>0*8@BT9#"G[[RTWBL2<$@":!A,6RM+4N MA)./H142<64))_FXKJ362Z%"+/7%C`@)5>-@^#^_%3:&2M"QMX4?KH$7(*WV M.W'QG3)6N4)1S'5F_#0SH/`&Z4."W9GU!;_B8$7I"X@M`+4_D[M(>$?*;Y;4_F16,1A]J@C"O+5 MQ6WQP&,C1^YM?30I'2^L0OC[%[$#(DKZP:SWN=-`!>:#SNF?P=F'X.I3][(; M?.@<7IU=7+:"SLG9Z''\Y"]TBB%]7+3/[!""Y)9:A` MC2KF-U[;'(VL\`).@)4-9DS=XKE##J9V;":9L+G%)N]*D6`^C.D`"8WYRZ!? M0B@4MU&4Q[309MPQ/>*!BV88ORL)^QT MWHY:`);!VZX5YY=`\X+;D#:)0`<)[Z,K2Q8L(=BFCJ.6IZ)VM;ZVCQ797V!&B`JFPC#"CBK#=\08D)2=]*4.V$NO7;PM2R3D M$"-/.Z]EZ^5I0OG5.AT1X_%0(1X:%0"ZX((V!%@KINU@5S`]P+S=QB/Q)"0O M@OIV:[JU5"V*DS.ZA32P'W.AA#"*B=DF""CD8R,JU^=PJSTY3Y]9,JG=IBQW MAX&W84ZDZ8F;1ZCP1&36Q/9(\"*.V>BC4=;=6%\'#Y'0N@D>2@Q,DAL>C=,! MU?)N0CN\4-^1JAQ#P][X+%3(5+,9NZPPU.N87$/ZI66]\&=ZB=I.S+C$).@9 MR81>FF78!\5K:)B&8'08#[X.XR&.`><@G<$AO)3XCD_'A%(JL/F&PW77G\'P MJR&)#"+?\]8)=7;"B[*MRMH9Q)B<_Z+,&/LHNY6=D(93:,#1&>R.T$^1(60V MC(Q7$*?%#;A3X$4P__.R^_92'6M'I3MUE)SK3QB/'`*BU%3.9TM+F]$4:*), M!.2^.$Q4+?@5Q!BQ[`T"BD7AY=<1?AW3GD9"U9O(*0FS3@_33R)O>'KGG/T< M'8>4RB$%&E\/J+8:F(F>\;.D*O>OX]AF0A.EZD*Q2>.95ON'6C MWE$QDHV@;UK6&\&H0(OMC8)JZO6S%XC(TKDS,FHT<51VNGE.-',"CLF\H49'.6O4F_5VL@_+@21X.(UY< M8_M\XVXK#KY;BI-F66Y-I?3NU9/L*.FC4J/N#VF-FL#CGCVDLEL()Y&Y9R/% M=,A(@%0XK#OH81:S-KG#`+A*`4JMCDN*;6IJ&0\XY046`J<1S=R&8V9/"P=K MD:85%-&B!_ML`*0):.:9J0E*:W&V1,+!J]I$A@0W;T\QQ'55HC?7OIO:(#4S M0D4W@[X\JX2UT)>;P?Z=5<1:V+_-`-#./,]U`&B;A('<*?9DK&`@OW,8R';C M.)`-P1CNU$3L:M>!,6P.^M%38=U`9]4SZ=U`,-4269_>#5NE/GX^>]_Y''P\ M^WP4G!R?=B]*"=TNCD\_OCP5VS(3NMGS9-1(O#RAFRT:EF28#77,2?41NEY. M8HRE+X#"[8:>JKC9G@X`=P,",\+9`MC62B;XA=G6BG.[8EM;L:W59ELK\X^_ M`WXF4/2?A;8YP?CS=];>I(XR]8;-@>GZS*!&P'31\X90$%>M1`/(*4V>001N MB/@#U\/HL(9G<-7H"ZUX*';@N),,SO6=K^",:!1WV9#Z6`/M.$ND6IBYX/%Z MO.#GX?&>1&,H:\6#`/X'!A16)2B`7F'VH&6E+[F,A^"F?>?(O9RI5*H<#Z"^ M+&HRND8HWBT7+<05Q8BV9`F*<95P786U-[G#,V4<`50K8\.ALTP#C]4JPJG$ M2D2:'`;"A3Q?CC@#G%]`^Q'C&#@AV-&]/'C!QG@Z;3C&4+5HH+CLT1WD:HA@ M&JPH]TGEYG<*>\-T**8O=I"C\'/>)G5NL!P`QSM/`3B.ACW@K]>(5^O$(_7J$?K]"/5^C'*Q"WUP?B-@TN59NDS?-P]<1$PXE) MD"(45#`R#-!F^Q#`_]36!1..K62RE4)0&Q'TG1)BK3"BXEP&8F`/L'4I(]&N MA1^[319DP[Z'\!.!YO(9/ASJ:E#9O:IR/;GLV8I@*],]HX%]RW.P14P+_RTK M?408`Q^`$DSOM+^51-#X)<-XLO#&'`_*;&G$+SQ`\(!>#RZAI>R]&5R6(EB/-K_/(PN_08;?LQ1ZAB`# MX:KY<_65J>*Y3F;:VBS6EU$9`K2K$5_TH9$I>T:J=UDR=%,'0%[`^D.B!E2C3$#MQG.H M*#?=ZL^ZA6V*BK),%B7LD:'N.\G@D@!/VIN]]DL)CW+7%E+:14'YYE:@9H\4%X1?4RQG'G5JO0CM"IM;K[2 M5B4?&YG/=-W:=D+&#(RX+RM0O:0JXIB`MRK/6Y7GKJCQO59ZW M*L_[GLKS9-+S4#B^XNV:J\R#TT:5C?QG(AX!44(R2@8ZW,AD-U0G%O;2>XHB M[JUO[_XD]]F6T&+R#N(](<=(SLR#L*+&>/W:UOIV6_U@,RG\H'2'?!D-4"59 MA6MF09J8AGMH6<-(K7C:P\,Z8V&L"^V!`.@`L4IU5^VU_8V--0G*\I;^W-[; M7MO__O*+\_:_9.DP^N6R?RM\K&%D MRWH%T7($B>$?@**B?L)#\!8'`$W3!_#"1*X"=&+ZX^#_!/^+&DF(5)(4GS80 MODJ5US94'0J-4R`?BR&Y6*'A42L=@KGQ>WN1DU9GSP][]LR3W]NSULKYO=W\ MB8_@NRE&;2W8:X2<63%JFY;Q]\>H'1@%S>X_X1_?):%V]4NO^+0)?.BE^;0K M9^K[(M2N?MT?@D_[%?,A5\W0B@ZY3.64T"%7#BA7@<#C+B>]M5(J=4KVI]>Q MY.KPOI593B'6RYJR[V.3(]UF>Q5V>'+#VD$SK=OE`7)K4$8/:C_*2A_6@S_4 M/8QJ!5R0\G1T1T7[#IM]'8ZQLFG4` MX'?,N0*?;\0M8%CNA8H3M^`%.C*3RX77&O\2.<>J-PS/?` M!4B).BCX&%)^1FS3DH76J+JD:'61MM3*UR3DNC9B)&1=M@KFF%!^PT@>'F+N MTTF&U\'B7M/6JE@20KO<:,/+:Y+EML',14O5FOHD'JP=VJ5,>BCO?71.]>D["]:F*7CZ^]\HV^8[KVJG=?L;4WP-;>09)R M:T,A#'.-[88SK6XT!]IWZ@R9HG7Q@CC4_1@PQDK'JD+*U*9TMXC<^1GB9?U1 M./4(&>*,<\_*P%HZ-E!NXQ$'NN76@%52G";;A+::/UI!=P)Q'O%8\;FG#+'[ MQ2H]M'F=L9&&%*Q/^ART$YKF3TN25>U&WPQV9F\B:J2RD$C<"(<`V$+Q<2JS:V\,M\B MS#"QP=&;,VAZ6_3+#+0JV*3&`:ZI9=$2,(?<-5[ZG#H6%,KNOL5 MW?V*[OY)=/>56^J5LMU7R;TBNU^1W:_([E=D]RNR^V4BNP>4H:OT2%@%5$C^ M.>Q%PR:AX10"B*4K`!IF;9RN00\%6U\HK5><0M.)>]713,`N4V2&7ZQM'*QM M;5C=%K[G5@HW/YP]#WKBYOY4@96PGP!N*!__BYI=AH_SFGQHYT&)ICRP".SH MO78>D[SEF>3RI]<4=)$3OK>]6T-X)?AGX0\M8-:QOPKE*G]@83"]E\YITG?= M22]]>#TQ%S;E:V+.M[;;U;*7-C,UB9K*W4@25\P$9[=`M:7+*//$D0NIBF`V M6RZP:A4OJ-4,18^=%:)QYAVHT4S+A&E0W`X@@EP!1-Q98N(OYRSL,Y!:O>^V MN==^^7<#<&EAES;PCCL^#;K?WEG8.Q9D/\G[<:?_$!/*63<1OO"C(HX]OHO1 MZJV]$MN;L[_)98Q0ZICOGJ5];_8C;&=KNTQL6Z@YB#_'#;7K>]?M@U?XKLUM ML#WO.Y'6]V5-$;;8[N_:@--Z@JJ?WQVU0/>W\OFHW;:#=M/*5O\M^ MTQIOO6HX?1T-I]53]7UUG-9XWU7+Z"V:G![%0UNU9TER]?A5N.=7F6+6UVY5SUNJH1N@3UN-69GU>0VWR:W:`SO M"/=E'(M2#(OB$.G?*@X0_FT-9U>#5>!]U#!1D5$9-0?6>SD%+T4Y['8Z/.J, M16$:>G!&@W<*Q6>H++&&AXH-\=&J"E&"(10J/$GBY#[.TH3!S`?AG5#PF@?) ME`8KKGJ1]4#M(M<#E0!*:W$*4N"H-#PDZ]4Q8_*ZL.4FUTU1T#DY9&\O7.UC]2M]Q\V!UQ]FJ>W!.W8-5FVWN?8.* M7&J*WE;75#56'146"DF+J0-T((-&%!EA>\R%O8-3BI"!$"3/92X2XZ`\Z?;DU&D!7/6(KGI$5SVB]7I$ MJX?LE3:)5@J^ZA)==8FNND177:*K+M%EZA*5K4:OL^36Y$$JKZ^5[_"$.EO_ M:Y>V5GT1.Y`;\#Y$<(X.+YY5T_WF'QU%`4S6IUHAC%2(O&=83JSAY$:Z^3(5L;W1?OOU72"V6,(W M5AK/Q36S97I9/;_0;"X%C*QA1<&MES9A>/(CG4 M./BT'%%IFBTO9+Y"TPNL8*,BP-U,0B]/[F@_@?+72P-S>OGD^EI8:\C:3`"C M`996*AT/W%^*^I<62:%J'5E7KZ^AR@]<,WDCJS)!GKJVL$XZKH&W1_?[6Q_L M)NMNDH86;R=^_4N:U7J2?[&4SGWAO.DD@\;Z5SVD7\:]Q6FMN1N=OI1J::P^ MB\]""YR@?_^=\7\I2T&]H=U?`@8MIZVC`>#D3?)&IND'3HAKX\PSN/-NDBIV M?2^^2>KC,.V%0Z=1;][=4L8N;Y;5#U9I+\SP3!C3AB1+'?:<,/7!"0$3(8#_ M6>4CO&(B,E$T0RX`J8A;YK$B'P$OF4ZJ0=RW?"NC"L$J8Y"%:.]34#APXK%$ ML":5VRW+W(QSA'/($6!KTCVC@7W+\S`?6ZO]+1\ERCRBD^.=SK@G$22BA;>. MQ60#JL&TQ@,=':-9"6M/D7T>"G5&(XJCHS&K=;JPE2-H?1?^-,`3L+@XLOEY7$G..R/`G$&FI'WJ[C_-A@D/`8QLPC- MYO`)^$$<&;0ZEJ[L11H.[N,I:=X=+:BX6"]L!FIQ>;3V`U9@0P/7 M!8P%GL\=NK\=EW[_H6/][BW:U.)X;`7"3NH/(4=&[L>TFWRT[_*N(**A(W,5DJP(26(KJP"I0L/E`;'UWBDWH8#?/>'4*RT@>I.HI;Q*%*-Z?(+[MJV]*!, M7#YHU`N_7!YQY,`U<]S0@FG92&4"NPL'2E?WBX,)'TS6G7$_^-0VZV!;2++R7I3T M;Z&R"HNS;LA*B]Q&AQQ]3W/-::0@B8(D>T$*5=G3RRS%4L4Q*4%"(M5Q)^;P M5NPM5!IXK(H'B7F+@JT-!"S>;OEOCD$,W.)V:X3*Y6L3?7.KT`*C:G=_#=YG MX5_QL`5\88"PA;1AXC_I,+WKQ2'3G_T5B;FYB$:3WA!*=+LWCR-Q[G\4)BH` MTWV:)#17%$:3K"><3Z9ZQ?C;%%+7%B.V"#?2@5'K3[!+RBT-1+(^KI-50)ER^)%0OB0N`T MA&$%+4E81`R.Y#W`_&A)7Q)H[H+V#3-R8*XG-9SJ\.6G&:+VHM!T"%E?8YAV M3"I<%M/Q+4"_!]!=G&9@\ODZB]'@D_I0-G1`N>AH!.8,+`DJ1BT=UF,Y5%C: M`Z'@1&+:P+KJ>[&JC#4@]HS8V-*&\*H[8>28%H MC5)=I0O`:D.R!-8#);\Z#>4$XW%-I>8XKKUH#%:2KKDS3PZQR+]&T0C[''5O ME3`#&-SF(2B`7A9ZPWU+H\YR5CN[Z!8^<,TU5M^O<0([#(\91UJ%ZVB_LXYKF M&ZL7*;J!?XC1`..L)0_Q\$:HTALA=\N:"EE>!_7\_5S8S5B'#X$0`F51:TR> MK_:I8?2S/P8/6.(O!,W?07!%.`YLI1:>(F_*76'W.I6*=T0\6`IF$=LWUL%' M(2"`0&_B70QF!O8O,-I?^4#A.N"6!F<94.-*IC"E,$.%T2:/280ZO/"(L@6L MGLS`KV(C<("0`AGC8!B!SW(@+,S"^3`V3TE3"C.[)`P2@%2S:R%E36OQ76DT MBXNM#`Z.)M:YNQ";^L-4&ZXSL09VK*D#"0T.ZYO3\K1XF(Y"H[9L$:4^0QP=(1P848/X0CM!+@;>'EAKH_4.S M"?X!=OH]>,YCJVU6!QJH?U&B:DW0ZX7P*/D$H/S@F"8D$K$K"(%);)<'Z$$( MW3`7+-WJSB@X9\B(@OOWQ&&&A@VNRMMH.-)*SXZ&=1"+'L67".PEDSLL=,AX_=>`:ZNQ)OFW1 MXN!R9&\^P\Q43%-N184Q$L=_K'*8)]^^6>/D^F4*G:H'*53]J,#%.R@;U[*+]8T,'3A]S/[@=E$8%^E+.PL; M<&ONXK\8J%2U?7E/)A#);!Q!F%1OP-IV16><\:M;21XIW[C&\"G\5>$>"D4* M#JY>>B'UAUGO9/9^^[>H]-%J[$"-;J"&`6Q6(.SAK_P&!J\<&?/7H]C%'$]?&(H'-8;[L&+`ZT4]?#RY" MN$'+7H\2/5:=)NK'P!21H`LF;$SC*=+,0"@*2'8F$>['1SG]:/77&U-(]YC' MK65@D[4,9ZM8\ME`2F@=?KPIS:(^TVTI7&_`ZU6,KDI& MM9[[;DI&IR3X-'`X%+>="2DZI`]F+@#``NOMO=(":P^E[RZQ^I7)HH0U.=V` MTBW*[N-^U-[LM5]*>)2[KEB+[N18DEJ#!CHYSN#PE$69+[8.2J1P"V]>>)=- M$7`^#3$[2]00HTJ#,!'09.TPWW+=7S)L/["Y_AQ//=F3^G-JMN?8;]%TP:_0 M,;*8"\T^)I+`D.)PQ-7/D-?BI%^:4ZWR0^(O'3.*+/A22S$QWCU$?,D*DP^G MK;)%'OF^8UB M.VZCV'Y5H]B!E\-\;V=K>J.8_4ZS\"S7/A".3S\8,GZY/'KSC]TMS\`Z),J> M+Y\XH,^1L'UP4";BU$'<69R(6]N[92+N3!&QO;$X$??VMDM$;&_H@U_F+ZZX M7J#)DT_=/)!W=P_!LL>7R]=8*XD*JD`3@P?@3R;!C1KE%H6SXS%$43G5B,D3 M,PDL])T1S:!#%@2W*A9,V-IW$-UE9>FIWT`/G)*BT@BB:PLRJ_0I(^L)?2TO M10`;%-[%`Y(HCR%<1&DS0DK2C", ZWYIKT'-U9H5"H3BF#G9678,O#.VO8 MAM6AL%$6W0/>(80W\7D(9D2'4XJ0SQE[]-,;V$HZ=\Z!U`B,3R94LA"B@B.& M1\1@8#[&N)@X:Z_C',*+<+IRE:%S%POSSI[=!R%\>^H?)""CSR5AHM$A4,T=SP10_6M_9^DDMB M*QNH6X@WA6.2JLL>TBP?XP_6VCOK^P?J%YM)X1>E*^;+:("+PZKM-FNVQ1ZX MARI.7/?B<388!)([`&H5M2*TU_8W-M;DDGI+?V[O;:]M[FWM07>5<*>#ZRR* M&$>L;`+*E=O3(?4LO5;A"+9W_$O'`JJ3D:-&SP%%3VUTG/ (OI2/!\ZG; M[1)T#3-<2MWN8A/XN-OA'+U*@5N>#+S/82\:-FESJD/*,LU!OZR-TS58U[SG M4$2O.(TRI-NC^!H;4F=D2`_>1O&8"&,SSIEEJE;+#7T7,P!8OK5B67\1EO5J MWJ3ODW#<7S"YI$SD-291)KP_<0K8G<<_;A$I7(P&\C7=8[@(891Q3.WZL]"I M]-)1[W0XR&DG(Q$%K5>#E=&XORXC$_8-Q2O/\6GFS6!ABO+JE\LXBAS6DVE0)'D-$$!B2A^%16+,6W4=,]B7V5 M-E<58:S?C%4B:X"@W@Y_;U;<.2V_%54^Q&*MZ=!HQ1@)_D>K_J1F-9STK6R6 M$JLG!4I8*\LZ3*YE6;^)59BRJF'XN$85!P-/30A,R^G1![$&X/^EJD.2'"K? M#IC6IEBGH412=P-?53+0ZN+O.*%[\T#S&C=^30#JTBM5P]Z+L'`AD8C>.3,_ ME!=\4'TMQ8$=%'(HG$42+6P]22G/2QH/*GS,,+!)U&W,.F^?T(!"5I4DRK#0 MTJ8]+$$V@'*M$0FY?916G!H,VFM<'/+DP_Q#C<6BSR:8E)9$N-8J05,@N_PI M;FVNS'0;BQHJE;.0#F-,'YK%6!&P94`9!$#'Q]\BKNP$G@U9(4;X^5Q)-DIC M-@.A]TMA\3`\-R]5A5?F556'71JD'H3K3> MLO&3>K91Q:\'[QU^!>NA:AE5%K>VG#+HOF;""@S66=B<64C5O>OB>1DL%+!V M3/8&N97*:\2]!7B2EUR,4QZK)'8HVQ#-NCTUF!0.P]P%4/U8C!^A3\-@HDGN M3]`Q7L0)<^R?IKS`/@!'A+G;2B^5#\@G?0@B2=YVQ:INSX9;=UW.UT)>DCI5 MDV@*XY:U.JS6*NZ6428]#`/>LHS"&K>@_Q"6?I_]`Z?FL%`?;.P#JHRAQ8_T M1VRQ&S=$>;7-9HSC,T>BF>$T0#/*AE1AYW`[\:5!`>?CS3''SOZMO]'#N09- M#:J';6*4ZIOX:-H;`1A7??ULE*06W!_A5Y.)JZK]<$<88V&C)8CKV3A1A&+7 M]NY"#\EA$?:H?\D[-8""3*2_RTO[[YTX1\'J+"HQM#JT(E@//LJ5W#)]U,)I M7GBR\H`*TX\;Q-@6/K8DT\J-$UE"9-^H11Y`#ZY&J4RW]V?*A,#A)$;>.11] M'1PVS;VAX6';,V>;#JY(:E$..+%/VP/.$%RUFJD=O5B#@=YSQENM859PY$DG M?PM9U;"=>QISKIU^]]ZQI-=;C952%FRC.&@$`&%48%70_!O8X8%^4PH1!VB0 M)_J]G++_4,4Z-/;^,$INA$:'OV($BHD>V2['A0R5H2:90XW]3]2+KF?_&9Y9 M8-S$/6XQEWI81HMA)H?@=)2EXNB^RXVJD&$49C19`ZKA1C2B:V)2TIK'X/DR M+>-'IHGIA0E0P< M2N'I$WX]^%V?]FA:7J/VY[2@W0EKZS4(/FKUI9`HT4V1@2V#H3@RV5?)UR"^ M,%A%J$NHG="H_UD/#MTIXJ'QC`4L;;0%+/+""1S/U#:0(`J*BUQE%RC'RV;>>`$2B27QZ'1))Z8M MW'Z:H7$7&5TK13`<"A5((^\*-16[`3(>$UCO?[% ML=:S;$_IT6*9E@P_/\2PW2BS8=U0113I4"*RXRY4X2TT7A`501 M`[GPY.MDQHDQA"0`1EU@B@P,RRE+A;JC=5T?>_$4<\1\#)<3&WH6MYOID-IF M0LMG[]*>4"X^PR?(MZ$!G.(G^T=NS(2W.#7K@:FU87'?@+N2Q12#0)L+R8>' M$>?W93C#LUIL;FHT)Z2-AYLUE^DN-.]P47%#/+VHYDC%@ST0&V8!F,D2.RF+ZP5*WF\KU#S\V^5^^I?X2`\&*[8SZ1"=)R&5UO0 M5HD2#$+M06]RC7=(,G"#O\;-JBT1(G2`A-C8Q^%JVL9>,$O+L$2SE&[(R0\" MIR1GXQK_3F"HPYP"'-+F;$%#)E@8\,H&*RC$,>A^)HXL)]9>CUX_MX&`RYR+Z>A=*E]GB.5+<(,)#9C+SZE?3,%4X( M25&O@H"<-6-DD=FR@A\T,E;)/)_;*Z@PJ0:VEC&Q/7-EDI7/S3HPRTKIE,YR MZ5P60Y,MZ(\7_PZXW&J0/B0W:*5:B\56A2TV1F6$Q(I7\_V,31VKEX-*8HMV MVH@^\%&@FNZQ'&H4YCHC9'36XEQ"/C"Y,9GE3'9:TM?7\DYI)H/%>DB(RI!* MXICJ3TT(SQ5QTZJ,YQB3CC*_"M%+CM[Q@0,G5N6R^:B=1'>]=((D),IJE:H> MQ+D8!%+&XG0A"N:&`LKVP=6(#XP#)1N_/>YP+3^V;F[:[[/6ZF:,OJU=L%GC M4GE@9K".-!MH;$N0R`0?T;SDA!V)<8240_-VB)T0B@BG M`.W=++-BS4YS+*68N/Z00Q1F#M4=W.(Z5DENDX2XAH8P`5^O-,9BR2%S7('( M""=&1.8QXRI&8]VR;-K=8J_&V(LG?&A8?%`&F_=!5Z-Q]JB]RMLHO(>6*J.# MFDZ)(13T@B85=Q%#AX[FS:U15=PKFEUZ!K!@`EQS(7JA15*\A3_QXS=K>#%:P*QPQ_:UQ9@Z#I!@J/ M@K@T=6&37X/[QSC5BU%>YYC0+L_4V*4,6YN=.7%FMJE+4*:."39FY?!13FB! M%C:D,O"+-`Q8G^-BHI7,@5PJ;JU')R_1?D.(NY4H;?*0>>P*FJ:%YY6_V(K% M1PLK+1MIOC.E%0@\`+04NWB>3JI>FB61W#8&A#[[=QBIH'_7.`ZI7LO=&%0D M;RP^VNQY"1R^8449J\5$=9UJDK!MB"?->G!HKU+3+&/3%>YCVZY,`,/%9U)M M6/';1\,[+Z.:%Q*S9U5#U^B6\Z(ME]MSP[$RW-\FR%`QE4GY::?T5`?GWG_H M6':0G0!$W!;B$22C689%&#&LUDOAQBU5E"69,[-BE\#OL#>!8=&XA9$+'/'# M-A+N%*:41^NI;^> M!<2)KK!IU^WB:T/WL*(9I1",ZH=#(_P!6\1P3:&B9VP&*.4KFJ]MX_FZ+^`T M#;#_BS8UA671F#-*Z(&0K"OE@__'O]$D"T=9CZJ0$0 M\N%&_(AH@'8P:I^J#N508+.%',@'W*>\8U2/I^OS(6B? M/*EPLP.!P8@E`7.?$[+Z*(*\'O^@G@]MAWQ@H^F6&ET-K9S=GW5##(MAHC#. MMC=;P2%V/Q`#$7,Z"&,``I?NE=T)^+WENQMOH1Z&.J1,#U3OC0M.JAZ;*M:E M%/"MA2<$V%SN#:D<5:^+.@)".]_$32[DM3DWE3=!AXLR2MK'B0LU&$I;=%T" M%#.V+XLXK.H,=7BT]%$`?;-W:4S323$/,S'B*>#U%8:4"Y5>BQ.,T4Y!T#J,E3]-YYB5XG..WCZ7P]A) M)J[3=]^CT8%H'">,X2AE65(:9C8I3[783S,J9@?6^@<@X@ZW87C3P=G0MU.5#%=C4AO M)-H-`66>[SZ2`*JJFM`3JC$@%1D[:\"E5NZK8!2S[%9VXV5.\)*T=@"`4C]% M9F?96#)>01P8-^"F214.O!*8+OS/A&I)S1*$&DKM4A8*5ISU'/V612$SG/M6 M*DH^%7O=T*T\3OH8,R)G0001'R!XL\)2% M0W(<;/@DWR;M$0G,=0PEAM0W*^9%;"LDZD%[,\NH",N`5WA`@%1XRKJ)B7%D MDN1+)C+!-S<)/@6X4PUTP+*HQ96(9FX`VFB-"&.,^@ M>_:\HR7%P-.Q'V;9HR[GBG%+K@.Z1,DU)2,I?]HR1&$Y$LWH(9L(3:;:+L`Y MJ;H[RA#E!+@ZR75H?EH@V[]8/$`B-N6?6&VZNI.S(URAQ8&-"*+(8A;&$UDW MR0UG\J3_ST2LO.M'5GW(=F.\*>HBJMXA*\3$\(HHH\7K716%5)^#5Y#C0FP2 M2&@5*ROEUQ%^S;5U2`-Z$QDQ_&)SA>'R,P]:6(HMOAXXS]%Y,'G20^K@K/+-9QBTBNQ/]KZ0,=-)C*59V5K%80$T*NHN&](:8OI?2=9CV\[&D MDHT%JJJ5#BJ5W\G*`CA3A%/;]U:LF]T^D-UE(&(C<7G:^?U=RQ(L3JQJ27B0 M:L55F0V3MR"7.>`R)6M4"PN#4C)DPC%=?#*TZ-TH()A^/\."S&M-P*FK.RKR MTP1Q-];)+)GQIVO15`!F'PB,)M$#L2K'>;$*3-NVJM`+`SP2YDT'?B3X"_86 M8_Q'%IK(C)+1XB/+)"8)<<06X@^%(@&;JP0*@66%LBH`5*:]W6]7W'"LV7J% M,Q58:_,B\X;9OE88<1EQ:3%7EW-/,8T1T.'(4*ZT@&0\-S<'3D6(Y0;A0E^" M]Y?`!#K';W?P$405#/IT2<5,E@,,,(%)*:F>PL:P7<.PD+)U^N4LYTZN#'MN M9&6OV8-0=JTYC[[R]:(\'%JTJJX@LI'&N#A/.6-)/`2D66)6%SB4ZI M,L)46H[OH0]HW^GKD::@5[0_62+`6^+/0S.(G8^APV.="T[%E&9CE?B0CZE,P#@QB MY_1*03D^Q*2Y0R.5JD]QRC_@6M$,K.QQE,V-H7N-&TF3S[T9':NF/>DY]E6E MV9`,.L>)I8P,Z1@H4831A\YQ<1P`R[2X1%5WJDA,%BBV,IY,+C\##Y\K1,UR M(D^+=5F>6(MDX=G@4DQZ^>AO^E^EL38;^T:RF`H[.7QDH#W+-E8]%T:_L`*) MEW0LQMQQVY2FHR_'/94H8RX"U-&3L<0J\*C@%VL;!VM;&Q:ZF>^YE<+-#YS5 M@\>ZRT"89<(TC>FUZ8JZ,P],KV;G?8K,+SOOY8)5PIX?[->;]D_@K^;C?Q&H MX/!Q7I,/P(DHT90'%@'`O=?.8Y*W/)-<_O2:@BYRPO=W]FH(KP3_G#XL8M81 MR!+E*G]@`7VQ:2#U69@)326]^9-XS)\4E5"/:)3'O*RG9T4ZOB(= MG[;.7P'OM:X?64JF3(0L3+,546;C1)G,]&`,'WQJ,3O4:3ZM1Z6I5N**2?-' M8-)L-'XT)0#[XO&CZ<'A5Q(_FC%0O+'>/MAZL?C1E)%]4OQ(BMY)!@:"Q16D M')JDSC#1,F(N,JG1WMD_J);=Q^_9 M.`\(J_L!`ST;QI,X>Z!J?SS)/1Q+\BL[7*A,%/!4>U#_`"`%$K6"JL4B69L. M5.K0F.F0T]H`#2IT0_7:U'[@YP,JT(9.4?JSL]'X.7+*V6B<3>4CHVEDKY>P MAG:XE9E9OJ[0)&'V4*,W^ZTL%I;U*]2[:E"*MI"KR246K5(,C5#76$/^'5'7 M/)%V)D&2D5P9UJ.(6U@MP_BT\[NS)U=$-<\EJJE\YJHLB.XIC0D,K(THK*\6AKMQ2&+#O:5=\*Z(4OPJX(:?65L[58/S).0T;XO"+1:8[-"0)L-`4W&XNS.)_GI;/AGL@NP"BRI M62@TY@EY8<2SZE>:"GC&E?1@Y6C8LBHLLK^9U[X*+#(C"JT@52S0,:1?^F$1 MQ_20M8Q=TQRT6/6L/A59C-J/CP&+P30:,=5^"!2/<%:%(;N.1A,^/7?YW+57+Y=Y" M,1[%$7NG`)@PEI3+!!F&"WAV[);((GFO:!)A@F-2[3NA*.!Q<9P06T+.*+N_`KE2:D8/=1 M/%^!'G">+#=8]8BB0C('AF-F2:\[0,5LH&'6+125SK'CRW'I,'+*EMD43+KJ M$6!ZW)@2317\!4>(9\/\,D5? M+LROQ6!VM2P$+.S6JX:VFAN>%2NR))(-P%B_]&3@JIC._KG#5A7FVFBSG`/F MU#K&ZRZ#JT^=*PC6'?X6')\>'1]V+X,_CJ\^!9?''T^//QP?=DZO@C^ZQQ\_ M78GO@^Y)]^(CA/5..A>_=:\N@^/+RR_=BTL,!G;_^[Q[<=P]/>P&G\0/NA=T M7[B\>W%Q=@'/.J7P(3RK^]_B%X?BHX]=C!9VCUBDMQB`2S#@S4B0X`M88)#= MJP]6!2B]Q]%9<'HF7^?RR^$G^4[/Q>=!E!T'I,<&XZ%DBZ5_GXROH_%C5J@Z MKP@I1[9RG$N)[.*S)JIX5RU"/W"+D']=J>7'A=141TT%U`!)L]%>*!C2WLX6 M"ETJ38/R=J"M_RK\%N5GB07OR](^^7WBP=_?'`OO^-_MC0WOV^US"\^+OETG M&5P"O'$#;]GVON76WN+FL"#]2=Z/._V'^!(;_T\BL1WAC4\P6'Y.B>^.0<:IZ@THGK MK5KHKF?L5<27A*AB@M<=`O+6(.A>?6@1#,1[#37"$8"[.PK;ZL>U3(@>7H`$ M":2:!,HD8H8""*'IL(<1[<$E.!7:X\+ZV@>H]P`(W^&W-<+4`_)'\&^NHP$F M)YCK`@&UV".C3(A]8]D%A0O]GZ'0&L)3W-S%1LT=:[/(5[5_;Z3+Q0@)WVQ0 MV"XAX9_+M*=P"3$X5S)R4P%3>L*?!7`APBH>4W``+"?AY^""8FCP;$6L8Q4M%/6 M\QE<&DQ:%P$$BB('X%OJ0%)AI()S`'8RA_HM(^C@D(.1`/,/;K(JCTGP#A** M<$`EJ'+$=#3"Z(W$TEOL/E@/+B>C$>5'<87IKO^PETXP2*#%+8Q_:>PN,B0Y'@XG5)R;_ZY1 MQLZNN7WZN3IS*7:$.XCUA\58SLDV"ONI0QEPPV4,T<#4!C`*R&<,ZY$W%FE*,_TPD5 MUT`J']/U`67_53T>8O?TLO0K@>7TC>=BCK,WP=09)S!MZ$\=+R;?3N:CLNB: ML779?.A^(Y1?P\;+?\4QJC,`\\+:JMXB;8\B7"C6UO-4XE:[_12LK4;3S'[\ MM=IIYE6>^(90C\\/*RSR.OB[)TFF?W0IE,B?GW]I)3(%%;T'RU38DSA61*! M)W*6?7[Z4OF!$"NM82H]$KZ(HY/-_`^4,KAX5FI2C*IB\,@XDL2*D**282^% MYCT(TS$'KRH]Q(@OI@6PSON6Q#)1(ZS4AC"T;^+$SG$P"R_RM)B6,^$?*.R= M?(P3GC%,%H;T"@,X97R:KJIYGE6J@S2OK=9IQE#4COWMVN.A;M=4;QA=!\FXZM4B'$DR\V? MH]``0'-H,!-)O:8//-6\FF969!*NSN.QT:U9+`%'8!K(>[5TDL%Z#"7%="B` M7H\ZV[^M1=^PSUT^/B?,4_G'PVU*?AS'&"1A,_QR(,<&PYE2`&VQOM MMU_?!:-AF/!-E1H6DG$_A]0%+D,T?K+GG.`H$\@M;F11,;>%ZL"!%L;88F#D6I`2+GV,E:5D,D,=27Z M]$'7(Y]`CVMLHDHB\JUJU8%HFR+GHG.H$'!`7J3K:P`3A3"(O)$%927;J&QA M'8^Q@;?'1O1O?6C[L^XFB:+P=N+7OZ!76_TD_WE4.O=N7#=S`:7RJA<3JN*/$'SO ML^PBBN]ZDRS'X_U,?(00[#GLFK/K*\1P?G;TVHGT;5(^8`8AYNK6.CT!/Y); M.Q^SVAG0E5G],F;UG,X\>W979]YWH1'N(`A^BVT@ M%-CC,/K[&R&X$.OQUR1-HC<0$O_?X'8\'OWZRR].=/^7+!U&OUSV;X7=.XRF MB0HEV`C;Q;^6%`:?HL%--(`:<8G@Q,!8W:L/D-.;W"42;Q?1PH2B_3_!_V*P M7@BL4E.U1ZE8J(")_#_B\>V%0O!\;0-KRSKOL:P_,O/D#-MT>VTL9^-5<(:5 MBUA9Q["_N?.$.@9YU:'0A&)69UR9ILA>+K&=)!:'RA/+$QLM M+>AZV%_?V?M)FF%;V4#=0:A2F",B<H9^!>;2>$7I5T'7T8# M/(1*DB^(F4>91<(2/G]1UAKZ]+=L>_ON-P^V%I>+*DAOMX)" MP^=)#"!\QW=Q7=4HIJFTA7+^+_!T5;ZSV:[;'_^"G<-2':F/BA M@F=S\IB+I*R+]9C!K_LX3'OAD"`67'R%.?O+\\OT&\MT%9+\KD*2]NRN0I+? M24A2NL.O4YNB@\S^<6W5*5_I"2K4/PIJD`IZ]3!\9D&"&1.@6`"N`O6@0#Z) M0@'$!9XF-RD"H/)WM%6@D'X$JRD4&HCJ7L52,7YGUS-;8)-.F7WN=@F4O7C# MT2Q/#_Z3HEEY(9S5/EAOZ^A46]S,CDYM%N-9[?7VP90(6'M9XUGS"HYO[8J) M6VQPW`F%'S'^Q]Q#XJY:?44C9CDFIKJNPPFM1J1O9LN26`HQ)FY$T#GY9(2G+'I#[;UM M/&]_X4\+,.OF87QT_/OQ4??T"'#)+*BKN/\URGX-CG[_LZL!E5[^7Y=C.$9D MA_FOP>F?E]V@D_5#U19#WWXC MAR38@G+)NG1;@3S"8*X+C64FL@E"X.=1]#6W28R-!E.F<95DM]@C#04P9"(58H.6SQ:F-]KD0$O/O#DN==>Z/7#N^+B66I,S^D&R'T@#WIU.^YFN M*,\%)"Q.)N$KH/G._"1Y7SBQS'%4(&O0+@YVVA-(1(R."W!">>`>")'/F-EP MW\(*/WDQ4Z[R4?[+N\*(AH;MB-?LR-?TQ*`L<9X0('>D9"T M$'YC*#LK3>?2@M"`4`7&RX1#!*Z9)M/`<$3+`.G07Q$NEQ6GH!E&;A%Y%4VW MV)1I)I8@`'[([];-5^WTF98`U-Y@4*+Y#7G`J]ETA*+B#+GT,H4#(,(]--5QQ-QG@G#"+HHJHF6^?0,0+ MJG[9\Q\AL33\U%QNIYW?"VM=WMZ56#XF-@#KX"_D&5)[-Q6.+RT*)8%TU65# MOR(@A[C4D+C=F@(:A&7>@((F(`$.@PZDYN)V)U<"K*SSAQ2ZL7H913E\YBKOR%X(5P_'!3G%@$R MS2#-Z$,6CX&'4>M1GB!6E)(X=CTXT@&:NS0?(PM,,AX^XJ891O"\ZSB'S!#$ MJVB*>.0@>02A].*.A+OC2.,[#((LG6`!C)`9&EI_PNFN,Y,@*7.O`./<]&F5 MB(3(GX9P*"@M5>Y,#]V19-L'/RF\6]X,@Q#P#8TM\9HFKRS*M2Q@35/01)L) MXY986DL=QK5C8DU;?>+$D].&A]\XDAOW-AJ.&`E&K$(&CP9F-,1M>4C\BT23 MB\I+/4Z,EQ#9!9A31(]"7J2BSA"0=2&B)A(B3 M&-,:IT%FMTA/8*;SFO.5?!M'*-A/KF26I7&+=*8[/\GPM[%"4`J#$=3F3"W: M=%ET%THR]_`N$N;%4(@&J4U\*.L9I*93C&Z4*\1<_D,DE'4/.=P(F23G0<75 ME+?H+O3S!T3BZ46_>H*N4_:H?6&3KA#?X*<:#Y=8D"94#;4:(OTJ#B"A"KEW*)8?KF)2O-63)1A&;%%*00W#62+.5?8 M21TYRP8]+[\O5GPP2H[$XZ5K"S*K3#V#FXN%)B_%E"4*[V:`)?5B"!=1AH1R MXY*DE8=CRK%0<0IC$MX\.UJ2P]./OU-FOA1-E@(5FSUHD%;:WBZ<_DIK6[/` M^=O2Y=94R&U[[V!K_^DA-P3^EW$WTRSXX^SBMP]G%X?=LH!;]^2/WX*7BJY] M+_^:-4I86$]-*E1U\T#>W=6M98]O*(IIK^6I42U=N3U.XX"2!70?&Z#;-NZ.AJ^.4H?@G^FB2^Y17T0.L=%L+WN,G1Q M?7VD1G=1F$\RWN<%*$F%*XP9K$<_PN6T\R(@COI8KG!DWN%%/RC/FSW&PO+/ MF2`%H'MS1"PF=A0THL'U7M<#@#]`W&*WKCT,KEB[BFZ2$8??19132:](9QOQ5T;QY'XU;P:9+<"!4")\,@#O$_,$CPSY,0M#?^*\U2X2;2 MC<[%K>/1*$Y`IYVGPQ`4"*$]M8++=#*^#3K7T/(@__HMS2+QQU48/X2)^.\M ME#$E=\/`,A;F%1#4.(R-R+^+4&_Q1\4]0'M(%2K6&T$?)N["2GC M61*NN\"%+H&4!Q&<7!@B1XTQ9L];W4'!VRJ+4*.0MRP&FP$"_<^,H,45#P??<.="2CG$/9"O8JQ>/%7'-U'_M"7H7%3:9:NBP$8QE\A MF&%!49N3I,)_"BR6GV:(VHM"\X!G#8\;>TQ*7S;(\"W@1!`3)@8S@[,1&@@2 M>%GA_.?Q6)^,TOP>1'UQ+F+[#%#LA1F.*A'+EP[KL1PJ+"R'1$4BDX`P-?W( M#A22#9)/>D)O"26!B1*Q-R2QDG?O"SN"SGV*\4"]=9!#8Y#+6!52X8A.I>AH MUBC%@Q^/&#AKAI3J6P^4_.K\E!.,84R,K@I(%T>!_);(F_*(?A[S:N&=T3;Y!TS60H[:@!?*+O+&B=(!$P=*!483BG5!RH$FY$, MYDS32$O\]YK&^8B/N(D2:+<3,\P.'H&@CX-A!,1M!QL_%>'/Q^;!XF.$<'4& M#;?=A*.,1'&")>D=!!*&0>;Z2`JF[U3D6Z>="$`2TD:OM&3)Z7Y)&)(R8=&9U!#^%(97C%=_TPOR5# M`?X!!OD]M$",T0"0YIYVE^Z0FX'7.94!4'4#VJJ@F>`,!7&NQ7Z-H76S!8OX M`7-6+IZ]K\RC:#+`(4!&`MR_)TZ:"#0-+B',YJD31OL_4];YD[REXHFD&6>+ M\0LS,E&Y&6`RH=G$'!!K5=`4BP%?&]_&V:"0@C7R`2:GB\F)4KA>TYS04KR/ M!N^FBNIS)7*Q`_*42Y8`"W\:`R[]ZIR1TQ"I?X/?SOW'#4D$92_/?SYT/D1Q;:2:CZD)AW3_H?L_`A^`0[094U MR0"7,0>7YT?_/+;JE,JF_.G$1&H]KWB)OAM>HCK)\N8(VJRP\;)$^^H1M#75 MQ>F-]B]U^<^)\M0@::$Q8F15\B1L;NX3H5":+$M9$5P&( M'.$:"Z7J:" MH68KZ=PLWJJ2;E5)-ULEW6RL-C7W[O'I!V/W?KD\>O,/IN7V"3%-PB?3<\\N MX28S,OND:+B`ID3!-%!`TU1]8K%<8%6?^%KK$^M6"CZKW*9LR4XOMZE9;=-4 M"KYDU3XIJ&079/W?X(/,FLIDK*[1FCT%K[@F!M%]-!3'";I_^.A"?``^M=N8 MRD(_@RB/;Q(Z__6K4,PQ^)G9P^4@9R!&H+#A]+ M=OX5Y-%(C"&L#:%*^`L5-9MD/1W1PQ0#9L1DF*[_B$44-QD$9R#(/#6$"-&( M<3R>F(EAVA%HW@SCFQBF1X\UJ#0*K;G);8KF08SF4%V-]J0FYMQ`C&A_)H9^ MSCD@#CO+,:?O#`'!V+)K'>!W0G#`"()"C)3[N##>1`OI+OP6WTWN2AZ/>P)N M]JB>1HAD(]B=8L%N;ORDY/$(8!B(U@W*93IC@N+",U7X=&!%LV`L8S92Y<_@ M[K$>6Y%+<@_0W%DB:OWJ8^L3C'(]NZ&H6247M&[L[UM MUH5TLAN,K(>MDA*1PW28WO6@A(,+0XQ"D-\F#V$\M@I"HF\QU(.<1]G$4Q5B M5H',4N9!ID,\>$Y]!XR6<$TRJ,J#K!`L#*AS49_GXU"<_E;AQZK68U7KL:KU M6-5ZK&H]5K4>JUJ/5:W'JM9C5>LA:SW02Z]?X"%#$=]]B<>JFF)533%3-06T MT3;9FG@YN;OCVB`=-KU`P]F)DQI/;C@G;XJ&"9+VQM9VNW[Z=?\E<_+/$?X% M<_+/%KLJ)R_7LLH!V(JLF1[JE8[\876D?UUI3A;&,X-IAWTD=M:+;YE:,CU? MTY?LEG)-7T/1O^38:14_9;2JN<07)O`:2-P^J$EQKM[@-!J_\"@S5Y=7D`8K M-FI+Z:F'V-E81,7&I>U@]<0@M5/<5/NSL^+#6P5=[MAH#O[>V0FTDKL^=J^/3H'/2O3@^[`3O MSTRH>PMXZ_-5Y^3ED:NF8%AU+H\Z_YHOS'U!V[P>F'M+-/"B)$(4ZJN`%58` M&FL1^/;H5@S`V\C6!A&$ZA%:%M+3&20S(363@]<1Q3<4\OO/),SC-?V9)7<2 M]%*H&EX$\KU_DF=%OH>UV"PT3(?+8NQ4=(NKM:&V=PB)(DSY9.CT>IHZS))J MG@Q.WQ@I/8K MX[MH50>'@(6"3I@9KKBL#D;K>LP"OB.\+X!.9S)W7D@PP\\XV69ZYISN;]E! MC<(%\&R:*SJ-$<\%<2/"00,5O/F*PQ!V&0[,:$&1VP$=TO(6" M+5S!KN>:X.X9'`@5.A<6WMVEF!#%V6:\*:X7R2@I-8@``IS/;Z&6Q#KO8[), MW'M-UM!!F`6B(S<<V7(=I1A?:S"//1L$O@78!'TDS>,:_D8$(_&7!]91_QS!,8'=HQ,KM! MSZ,D5YB8"0]L6WBX3:$\BA>9&];BM6H&W+"(P(Y=M!KA, M2(J,A*1C'0\D"6J]<#Y.!\7W_0QUE+IB6-8,844F+!.H5:-EW"X;@D8+%'(7&O,O(/87[DN MA)'E2;0WL)B#+X&]?(W'[`2/1:Q&IG'2W+_P8I:.U_L0FGSRM(6`902:;U1' M@:93I5AP>$DY:XQ,ETJVC%;CC/Y674BX0YH*N!X"2D^TGH MM0![]_CEH,I*[UBQ)X7Y'%^#U3R6AP8/#"-/C\)\K(T^336#V@0YV(,L#80U#<>HG2>W>C[T/E4 MKJYE"03=PS!7:44\2O.;C\<>H`N""N;VOY2X>0JKE]L&^D51H,J'(0H390#( MZ4O*SFU9$X?R(83B#99-UBELB+ZM75`(PZ=8,VP;3=+@9A)F8K5%WDI168P9 M,F(C%0SCFU-\)-:VKK>4`V:,JG7DK4J->0EO*.8WFQC54KPZ4ZS<@A7>EX7/ M,'58468,:413:0RI=7H8K@5!-Z(\8@>F4+,G7X5WS8#[,+#_-1LP4]"4^J9N MEJ6943&'Z3TK0%5,.2;8198-4"/2`01]HI'0Q,)J2&_H9*%53J7TT#P+@L!_ M944:;SHJE:.^%2Q"S[*HK_L#W$H>ZF+AT"=(*&[94O=TA[:X6BF)B8$Z<0:! MT1#5,KB/#0C#DG/BBLJKU67.82`WA.USX!:1<+JPE^%R7W<98F7!\Z".^P94C=3RAZLQY4NGO> M8V4VW^28#'-W>'#T35^?RKAR.3M.RY>AS\VBW]35CGPC@Q!-0/,ZMBOU+5E#8CD!*H?JTTU7S!1/M]SP]G@77T^@ MYC43GC&UL/KK,>.Q)UJC3=WW'SK62:(KQ>5C:`%''!MD\`".#-98EJRK2WUE M(YA%Y:I8B)_?IME8-?ZS-XP?KH'3)IVL.W&Q8;%0";]8B9GQTRS6J,-@HF'W M<'W!KS@25?H"8H="<2QTXZ03%921`2R,AID./JXSU1T(V.2\$U13!%7KBA5F MM!6WI(U'BIUO3O6Y*=#=/^IPD7QU;C*4=KM4/?K45,*OW_)5)8*9KV/ M9HS%*WCZ9W#V(;CZU+WL!A\ZAU=G%Y>MH'-R=OHQ.!.?PE\GG3^#S]W.47!U M!A<&'[Z<'OU\&5"F(KBZZ!P!"6_G2AALYQ?=D^,O)\'917!T?'EX]N7T"GXE M'.XZTQ,/U@[MTGT=H/*&KKBTA9JSRGNRIG5LR5,%FQ5S@L0/90#&#??P8P7@.>0BU!B2TS19.\*.7'0,JF-4LJ2?QL3I=;7+U+T( MWVEFUT"'!&AL=+ERC&@=%%C(6L/FP3&.'Q")3J>2PVG*_6L-#D98ICC,QT6# MVB[;4D$>B6+M.-12M^+(I1CC&9BQ`MZT=-0Y$2,#'N&6FC43CA/F=#!?2\\K M`U<'.@'E`G7Z0@QERIISE$)9CR,]`04RF$P>VV\:4U/9HD^?>JLTO,LOA=3^I=_\UY" M,YWN9BX/,3*0W.M;F1`EDMYFN(^_1H]HCN?D-9*.%2GCTL`XNF*8U.-N10$OMDIABD*S$$J6Z+4J,9+ M,-,D%'=T[H9G9B'&\XW`@@\;(*+PX:E.BBS!C=2WQHPSV#9@=AGX&?TEW M-%KCZ9Y-?4XE6#'\:G?%NR:(0J%XJ%I?V^:$C,&;$8-_?QB/Q)*Q3@HBQB61D2-6B^"DC$4E7^#$7)Q;.W2U!2=S$NHW7,4R^ST+S3W7G ML#T^N0$CV#9[A_1+RX#DS\KR2.,2JZQGY"1[:99A`SO/YS`-P>XS'GP=QD., M01SR-^#FRV,7VOPABBH4(V7) M)8`@]\[77"'%=*ICLPP9(TI%]]N MJF.G%H]^V8;">$^014#E*?>\JPM0+P^Q/X;CJS4DORJ"HY0$EPLU+QY`/8TA$<1_W;!)(%-("#>S"W MX4%U1@WR&8A"!\F+XIS+KR/\F@FK!A"/N%'B^HY`T\EG"*"I6!'VZ"C-B5&GU\D=?K2#@&%6=WZ#N5+%`163V_Y4!"]CS0**4`+ MMJQW@$="F<"-'!9A&F80H\=WY9"SSCJ7Y=E8)R81^1%8,@=(%1"W3*('*KR* M<[8QC62:7IRZ,-<& MN`R:0#VGMB=`N/&\V.N/2=RA/T2N?/]U[2U!2*#[W^?=PZO+X.I3YTI%,C&\ M"=]<''=/#[O!I^./G[H7$-8\_`WBFMV+B[,+^,EI<"Q^^N?Y\6'G<_!!?'9Y M?'+\N7,1')\>=?];W.)07/.QNP8!T>X1WOO2W$V5N_%W9=_[E&\>#B,JI].# M0\/^D$[Z2:[3B9[-HG+FXGBZ3JUX M*!E/4$H!*Q]`>>ZA]P+3+BH^JGRH3!N6A(&D&/Z$Y<25+&::U'$%IB67IM5T M2D"K)!@`/2@B-)G934H0<;HUY*"P:M=D<'OS]A3I7U?%[=4PO<\N.2[4DZ_X M7E=\KRN^UZ9H'TJZ#&K3/@2S\CXXJ1Q+Q16('PI=+%7,#\W"U;M*:`57OX*K MKPM7WQ22>?$@7"&9_]!(YB6:NP+)W-6D\X8R+UFV3\),4_:.IX5P=NQR!VB< MD0Y].?V2'D)L!33R)/5;"F7L>0#AHGA(B]!ZN76[HVNZ6Q_<0>VGA8>BTI[E MCR!%FXN/\NM'G5-%I&QR?^V(#^Y-<,?S2)QLL(VED[6F@N6V&]X%O:X\,2U< MF&A`;JYXJ_>*E,D,Q/@S`/:8;@UG:Q+I(T1?,H)/[D`;0',$Q+2HHI[RJVC` MJ0(CH_"/ZDT)61KB%SR(6",B_KX4EBRNZ&!KHSZM>"]5118P0&M8B(^/@BJ% MPA?4:!J#)"U1M;X'\FR5>^A['ZR^SAY[R77,T>;.P28.P( MLNU%@&R%C`TW.8)MAAVW!I5Z?Q(.4G%D=X?!93B\IS\^"M=?F`%#\<-_AL(< MZ)NXV6$B/I+XV5="-\:#4-CE7[+)S22D\,#O41+]-8F&93C],?8"'3=/!HF8/'JK>)`=`\ MI)2%7UDNK7C`^_?OU^P'78*2"+-!H*@R@_,TS:Q'7X0$!7DI8])L]Z\`<831E?@'LT3:"RX"'E MM8+(7!+("U3*?1@/P9!J<;;O@8PXJKC"F!G?-90?Z]N"'B[>%J">S;N&8^>& M5"/-S8X!M?$;1]$3$45I;^6D<9UB#J5PW<^M9)!S&'?4:6`OX[!0*\(+F5P< MZ!6!;:S:,/7.UA,MEGI;>2.@Q(VF3^^ZIU7[?Z?\Y@D+!6IX89W,<2W*1WPG M2[%\,4Q95H]/7Q<=4P'66Q:=M6D_F67*RO:=89W*'FR/76,9GU&,80S/EL$P M_[2Q\QE_8H3^:VMC0_P]'&(UN-?2L^QHDM1K;!6DG4V@]L[\!"J.6Y4T.Y7# M\[?@5FRI>XB"*.=%V7/&;26@^G^U@Q[?$(HD)+I]V;N6K9X5?\:*/V/%G['B MS_A>^#-:4%7`A;DZ*.%T$^8KEHTJEHVEI*.P$ZXJLWL(SX/ARVV7[U5P5WPH M]%[CZ6,4B3]`W!>TMC(0K$I1=PWLSV\-;"YZ#?CF\)7,VVSQ\^(ION(./9ZH7JB1):DL!.HLG[KXA+IB`HK$#Y%P'*WVH`D;_%F6-3,N%$ MC-%?P4)?3$#JWZHR[C@SBJ.%ZP&5H514LP`B%$KSP@(JU(\\"_MY9W]_LV'L MYVFBND#00)A$E6`?Q7(_B:%;YVE@T+4'1ERD$)C(-R:R**N$BL8L`OPU6V2V)%1BP M(;BRKTE.T&$WPE'&TD#P9/&1A'R''KQ9+D`'K<*I4FN>D.2P2(&3_[7&9_ZP MY'-8FA6PY,]?C3-`D[O#?9J*`1I&]\*"O4JOPF]'T764@4IYSH*D6J*PL"XU M'H!RD3&J"M>($]EH<2P6(B.>#`"#DTHMWIQ0PW75"KT4]7Y_6XN^82>X1OE+ M,^./A]N43D"V;=_,T[_^(OFXW2Z1,K0#P8QPW5@/C-)PIJ/V/^T'"0PXH#S55% MB+VH"TS9AQ`>`IXT;KF1H6ZP4HPT#L/W\-!CO"2?"+M1',0&@!TB:2HS#`P& M%63@O,78`31&X_GZ.L>\U:.ZD86T(FOI;6$=/(L&WAZCBM_ZD03EEW>3W@3> M3OSZ%^P+JWZ2?[&4SKU:+<*8/A02C5^;8J13]`I,2P)]SZ>K1/D>3U"-_EO:7"($*$X1G,X0$J'H0%*/'_1W?,H\1J!9K<$^W&AV6>B_%B!N2\$S/T0 MUIO[LD?4CV<@@@&4,>4K7%1:`XHOA(,8D_A4AHE5P-S)I2)3QHS#U4Y\1OC! MX:/=+<9'&:)`CO&,E^%\>P-H7!7L>>=X):WD%$Y(K)>GK)7[&G0BJX2,TX&N MVIS!%UG!O9?`O3MA+%P/+PT`7SU5E`TJ;("H-]9@7>!(C,G2G<#"P;=BXXOR M.PDU>XCG*6QY)^-.N'Q"56`<,03LM!CC$8C[.L90FM&@8\9: M/6"D"`,/Y]T(&@6K58U3,8$!$`S^2OC'H0+@*(3L2ZHMZ@SW"X!DUY`*_(S@ M3SCZIR'P73J)HOL(0D"H;+3#8JTI%J[9:7XC20(S#;5?=/3 MZ'3!)6-F&MZ_7S/O\+2Z+U4VVBHD,,(MY[98@?8S!)1!$6:`]Y$1M1(O^`&$ ME@>(I#/A9$2HCR(/7C\5KJW1ZSG194Z,R^.X%BXSKN:R(U$=LHSI2%N#VJ.L MG8U[BC$%Y&50EFXC.EB6`>QPA'D9#U4RD[K$Q>NA;0E3RD7\.?^C@*J$[RJ. M2O6U/U5#\([Y.!Y/L"!?@\K0]GF(<\)3R*WN;ME=#MJ3N@1JI&E6,.PO",-. M!6:#!+]54$HK+/LG8MF_+OSZ%5A[';#V8P[=3(OB MJC(H$UUDJM*W">!=[X3K.^V1(`_H"DUJRS68QC&GKW*#. MQ"+-=&CSF.D"(0,RL1Q7UX*RLV(7MFW/2^`:?'0\Z86BD^#?,K'Z1'AXAQKX M1\*)KWRE'PXH73ONJF/DYSF@I[>"[D3LPJCX>;W5^`3,]>HY]F$P4U>_'X-9 M?Q^'&@;#0;+V8C!+K(!G8###(M,/E]QX8,GK:K$A6)_"Z#4F`P]UAG/>\RVJ@A!8PJ4.EY0W,73-K%$Y:BWB5NJ M/[JE,[2^C7VLJ=$D\D>!BQ3WJ9NR43=R;':\>)*(TW.8/E)'!?R@6B&N4-Q7 M*.XK%/?&4=PMC)Q_(4:._NS,2+66;C:S<7&*]ZD2%[:SIN$9W)8&$VI+]0FQ ME@:*H;#_M>+4S M3^0`^[&LKF)A/X(+,IX4NW?/U5=.,;"9Y<-P`"3KR8\%D`DP1"/I`0/*%&2* MH!XU@N"IB60L"Q543(Z\0HH7&0-L=-@6NB*J,?:Y4ZK)V>=;KCNS[7U@.=1Q MH^M1;4!Y=U>XLL=;=?:?Q=%Z@A[)DX3:WCO8VG_5Y?5*=:@WM/L+X(3C5$XT MN!R'L"&>,02K))&IK3V#.S=]73(/)?KZ5:CKPN[Y,=6U<=59$OTIGGN681WU M:C!+!M,:IOE90+MB5)?-`K)D!@7;$R/?QWY"''^R.C6O"'82`YJ//<4\$P2? M%3H3V0OSF)P:CL(QX)C4\R[HF\,@+H-B[P&&E1@AV'`72T9Q@LDJ":,%E7F@ M`2R4>VNB@7W+_SR"KPU%M:^#O7F`N^#0?X[@\A@.2H%@4JI(DB5;XCO^!:%NNPE*5:#[HV M%J<&JYF?HO[D1FERC_Z)R_0QP/]R1VGP%O_J8B'5D9AU0C1O%UAD'($*@AX* M*TY\WMP.!;M'[;#_3,0C(MDJK<(8MY)61;;^(]#%`_3DK^_O_R07Q58V4'<0 M\R^>ND4PE`]I!N%`A"`L#I_,7( MYR,VZ,$KM=?V-S;6^/O@+?VYO;>]MKFWM0>,5$(_!==9%#%\0-GPE[8Y-[F@ MN$]94H*8>]/LY?6&:M[*7(`L"8O<)8B@^EN%A5AU;I`P)`7<8/8W/11_M]L; M6]O*PX+D22P,W/SO;[;?!/'@[V^.Q]'=O]OMK3>0X*1GC(0.?/./M8WUC8.= MM@$9HT72LIJ-WO0];,>-]OR$GB9FF30-RBMA"J+\+#DRSS&6]CF3X'V[]L;N MR[^<,']Y.VBP5VQ9J#N+/^L%;+V-S9W-Y[^?NNAH!F"S:9/U#W'=YMK&YMKF5IF4UK.ML!Y] M/YL!M+._OZ&$B*EZ'`R3?#)"LP9=F?;>-AHXO_"G`<"S!!\_G[WO?`XNCS__ MWKTP;:&3X]/NQ670O?I@?GH5][]&V:_!Y>??S_&V22\?_6VY_W4Y!H^@RY7, MOP:G?UYV@T[6#U54T)H;3=LIFQ,;F#2C2TM%E=7]"YR9SH.+$ITC.]'C,U"# M-BQ_1YK\M&2(J_8R'D(7"<'ZP#HI1*9,-QI9>FICW4HT=`9#)7:J&WHNI)-E M,[&JSS7XF*@22T49>I!0A#@7]AZCR'=8`+UNCZ4[9&YJILE)_B`SS(J8T)^= M<>>W*2;FPORNF)A73,PK)F8C*TIGP17BKVIA=E+,"P2U(,;-5]1VP6;(N]W"E884_U6S)?#E=6Y!9E0AS ME725< MEW!_\/4=F!%01BU.6VQS'^+Y:E>2E0P:Y%\W-W]2Y?.\#92M:,W"NE]M>A*? M[B4SD"R8BW%JY'1C?7/3+YA%7="$3*;&JY!I>[N&3)(+I-%S3[7=&(XZ/R@N MQF(<$0JB-1^->3HO%,;E.H=_'`<477>"<_2>N"\9G(5Z%]X>GQP7PQ=NY;^/ MZDC5E.DN50`2!#&*S-WB4^LXPN:1D"#5T,B_ZR&SK5.NB8&^1P<^\#D1/[@` MB:2UT!CF<+J#U^D]>F(U)`;`J1[CJK?UX%#=D.;&I*;G-CEB+6,&%/(;A`*]`48)(IZ2[/:&8'?, M6LJ`-G2U1K4="7V*K3]WT5CL<21ZE(T9"$&$TBD(R:H>*'*:J/^%%[5W_L>* MXYY$Q>.3)YEAF,+A`P3R>H!)FV(K8U^9"_280A,/G8R$NH+%S&LMX,X6_X\5 MPVMT*,;]+%US&"@UIVA`!9QB:T?!U@9:J-LM?\\0,B-A*9RU'F2AF@K&YO$W MHY%4M7?FOP:'81(.PE;P"9#@?DL!$D:V9)]'V40^-X9G_"9N-4CO5&$Z?PS% MS9$!YM[B@K8$MJ"GGZKEYXS<]I'ZR4[R-+L1K_87X0@M7';MBI%XQ4B\8B1>,1)_]XS$*Z[A*I[9V`:OP:5"<`H*)\89;@UI8BDH M`KY%^)GTZ:(P427#U8?8^=R/XM'8X5&MOM6[Y:507K'K?F_LN@9+6@^4D;3I M2-W5IM%]QT?']TZ1JY:>92\ZKQ-3)E*L*]G4NHN@O]67J*"9_;Z M:*)]8K7T?N"EYU]73;3?.SFQ'[']OF3#K=KO*]KO&U5Z9=6W*Z6W4GI^I6>T M]AFMN\?#X82B(_GOVFD_NY:-AM]K*[C;[5A_2'P#"DW@1RFF]H\Y0?V!RE2? M,7Z+[BQWAZ3TI7PCT*$N7!RJ/Z+>93R..H-!]F1,"7L(G'9>5\+RARH1-=,& M5%3HHIK9U2WVS6P<'.QOU4P4BY\?H.1ELE2-Y_DMP%L\8QCK]SU/&V$40\EJ M-H9!7Q@Q";4W>^V7&FB4O:Y8I2W<7\3Q@33?N9BE`:CP9Y81_*.C(O$2P(#W M':E#:JMW"-T)10XNTHC@5,>"^5!%#83'RC7)"0X^\C4&S&B$C\3$%.5;S*(5 M"B4QK/PU<0](J?%=T_/J7#*93'132,@"WG*KT*OQU)XL%G5:)A&6A8 M&%=MOJF`?)I9@0RX.H_'!KQU$4T0V8^@-*RE-:WU&(9#4%5`]'K$;O!M+?J& M7`?R\5SZ(_]XN$W)EN(PY9AQ^^&7`SDVX#@G-Q*G6\;6MS?:;[^^"X"4GF^J MEH&0C"$J9>&2W?-Q?-'Q%*35G2M=,`_.ABQI>K$M7B)%Z1(4EXHA0Z%D9^LG MJ@A[QAK$PU0N".,P1B1&"T(&`]G0-0O[S"T\,[8\%BK3KH?HOE[`:!+E$R"X MBC'%0QF;X":$^@X9)P2C6>4):"D7?$,,T5Y?0_DEF)'R1A;#T"U#>=K".BY4 M`V^/>=AOP%!MWTW&K/%V3%-0YTG^)5TZ]X4:VIVZE<`O#-3\R% M8I?L[N]4RU[2[C83A$S=4^GX](,A\)?+HS?_V-[PM$0YR#">+Y^*!?4,"=N; M.V4B;DT3<6=Q(FZV#\I$W)DB8GMC@?-\L%4B8GO#3ADT#;KZZG(F-MF>S:"J M62XHI"A\/@C*1L/TH84O8?%K^?A'I%RGG=];FH<-2H5;5!G5LJTM]#HUE3<2 M%902BU?FX-&<#`Z'PK^8R@Q94EV@&U>\^/-8#V8L=1* M%A0NT"0)U#+6AW>HQ:][:#2%G1@LXKY\5.&-@1*+'`S)#I&+Q=>7G`ZZO&*, MC;&$00N8$W?I31:.;J%@2[Q'E,6AD20JU`Z=ATBS*;!?`(6LE,%NBKD M,SI:J:(G'V/Z1`S,:13C>*EP;R*&$`J1@!XKQ2`'_#H+D5NC-+EB.0)F@YW) MR(Z1Y!#X1RAU4VW:5>JFB]:357HR;Z,8KD<@0M8O*#Z^&D MSP$@JP*MKYZC^BB`J#&!&DNHS3$(W`J7LIJ91MMH$4=6[UH[@317A&7C\S+DN1D5"&N5=(@\E`)#V/ZLG"Q*PHPO[OA]L4FMIXT[OI M.P_S7TC9$97!D_O"3M/9Z43F*)?_@I)`8H]JZ?2B6ELM;C=HL9PME3=K^9*1 MF""$<$MJZ9M:*S2!]O@L.(KS/H3B4@0:N+W\QL'[!`O"DTO!3`M!8 M?(/T#G9\G[.2)G>L6E\M36RKKC+8YD!)1V/F()&RY#^#-*,TQZ@TA9#UM]`O MHZE]D`10'*B9@DVF(<86-Z$\POBF%K&2&KG+<3B"(%&=,1,!T`>MA(UQJTP%2`ZE,&M>G?#YE-L/">[QU*'S(: MP"A1%82X3S#L/X`D2;0J@#31AG$%39:BHWB.G3'IA M`GSO4#/`C1A<29W6/.>ZU"YFF&3N"W<+#65<`R[-56-54I4GRRZ9B&HQJODL MKDKA5?=\Z18^MXMIBEUC^@[.QE86-1VG7!$!EC>W-!BGFK7U2[=PRT?!*I1! M%HE_!]RZ/4@?DAM<`BV;/]S6I333\K#5W0V@&>A^RIQ`I!E^.9<5-!?Z".NF MA*1\,O/`<-\W<8K*Q:@S=SB5<((E-V9RP*9ZY7NDF43/TH-!V;)',YND^=AI MEH1"I=X]XR?^*=.6`%BC[D!%0KN)D2S!3;6JO3?(RLQ?*-HAN[9-4%+EW/2NV MV8(H+>2S)(U3F^%;=?W(8X[N56-(T:)?NZ#^4=_)FD7$Y*XY)WV]<++=C(FF M!Q%4.S$#(]6O:Y?/6Z(^5CP<\E:E/JUL2Q;SFTT,3\=BY8,UWQ\SWH[/^HYH M*HTAM?P:P\,.!_\#N"P@#])M8V=WRKN/44^061NG(/\@80S6GXYK5#/2DZ4YSBWZN3KKDXQZ=V'B+_B'*\'AUJO6PI-'PNP^^US@>$]V161V%D.:ZDVX\KH_81H M;*)5GZZ?U:E2L('4-^CF(7\EM\M:99BVVP7U#O#5V$<&R.<41`RXB=702#I+ MZW!/VGRQM#D0F`5IF0=04R!,(PBF,#UF5M]V'?'#]?`/Y#V_)VX6%,#@$;O$4@@BP'0$;E3>>:IZF MKCZQCHRJ@I9=R\`WIP+R%$I('W7L48Z$N"V>:`[SNCY[E!(7-A[\_8O8%A$% MX"2XQ'K0.?TS./L07'WJ7G:##YW#J[.+RU;0.3D[_1B''\Y"X*#S:CA:)7M175H,7:.,Q!);%,9TT'RJ4;S^*(7`+<77 M[ME+E2$[.HYX[1+Y;$OO!6S$_TH9A!0*SKSR+?^+D#=URT6^VHGHH_R."XX\CJ`FZQ\M*^067N5'.#>G2"&4;%G,'- M;)2#7TLO)@MDY(S;09T&)WV[\W)K%P1YX1-8J)1E4?JJ4Z]@"G!S;.ZDCT5!#" M>P'GU0/VHH\2,K,L@*3J=\KB>[$D_O(KSTNHKM7`-N71,[2:1WRO:(!^-/.6 MW4Q8M3$\D5@>\D*,8\BT!.SZL6Y"D='J]>!OI6]+[ MX^XD2T=1W=V/.L:^D@^)C:V_S?I/]:P:ZXHS4<>F#C^\%4[7E,,#O@?(+*E& MU2DA)P,.5%3N*N(B/J&[TG]TDDP'2KG5BLD"()2!.U`J]9;6]!06IGP'1+\Y M;"#O34`S#@0;!P7OT.O'T+D1W@/(&"H_-BS.HCM?R*47(MWK`52+DA*!5J'- M'6R0XH4JQ\V(@(+OBSH3-"IX=YBT-U[;R.0(901*NB\5#WK-XE_2-L]'&#A2 M6BL".&PQ/[?QB#Z$\!B%07DN/J4/$2*J26UX_LGJ&EB]%U210:AC<@(\#T*&\ M557:R,R:M_3'8+J(!X@1'LY.E#^-; MM1IR;H>$C?P_`+&6@6\#/\5W@*A$.(H'^DWI]^O!A7EDY'#88/Q&ZQ3&(Y0@ MMM@JA(,OM--XHBQJL0>OKW,==B:[OQ=F8JY@NV'H3/K,.(Y4%:2#R&SV2GGA M='./EQK'F!2;`],S*EQ)9\5>3^X[S(NQ9U?#275Z#N*EE=;RIOW4(C,UNYBNNS2F_4Q+R,CS>#)$]`ZUA4JO MA>M!4XI$U1-Q`@BEPLDA[M.1B4>BI,90B)6YP5]"11*J)<-O@+BB[F*RAMSU MF?J<0"T@F26>]ZA<5(;?]YFWU-3@`J&;.K&#(?W2\B+YLT#!L]D1N7&):V:& M(H4BS1`.CW??,`W!^3,>?"TT?$Y...Y6QS31GW/]PB5-/9J!XR3`YA$-'A(4E8G''Y=81?QUQ3"4;/C9+6%^4SHZ3O/I!C:'3ZA0;6S[ M^0C(S*<'%>K(6!%5FQCAHE*64I=U;9241Q"2PBE_7,2?1` M;&EQSB:'D5?7VXWK8#3Z)'W0OZ+YP>??BXNP"GG5*N2!X5O>_Q2\.Q4@SUWRB_!79D>B]B5T&^#.47H%+5#6<,M\S74).X-*,RA""$,BR9#0X-RO@[+=%Y.&=I&;6G:II_/$0/0J!S$DQA<8V@*='O:>S\JG M48!7$S('^?AQ&/W]#51H#\/'7Q/A<+R!&?G?X'8\'OWZRR\.5,XOF;!N?KGL MWT:#R3":)BJ,((:O^=<.W;4DN@:"W#[LED16"6%X4IB:_R?X7UPA0DR0B*BC MZXY-H5?S=0[=%?1G,0!4Y3C)5WG">/G?OFD4H[W]G;;5P[J[MU^[;7ECNR:* MT9R0@9XA_&S(0,V@G3Q7["JTDY<44"^*:@&;9$PT1/[>&!,;:/VN.Z&>EN"= MQ;1^/T/"]LY>=>MWHTB;UF(SJZI72)N+0MIL-0"SV>(HCBF90CW#J`_V>.O? MJHA>;.;^\DD/3$C2'DL`5VRMWM?8>C]_N&+_!OZ!BR3KP14;#5MG"6K8L^SS MT_$\W07("F&`.^]YM*I&18[B\X/^#-F80^F42"8?`403:L,=/%F[-T45H%%" MCLJ#C($U"@,*B&/6,%FKN$GZQ\O)'1HT8O`T$^0%5L#HI:NFV&5];`+/PQ;L M-2J5Q>!YS$1FO$(`:0`!I+IG^$F@$1Y*R]<#&E'-L6:\]0HTXG6`1E1/U7<% M`5#G?;^#)O[*MUSJ'OY5[W69UBGIO:X>47#E3ZCWX'+26U-!`Y]J1M9(67GA M?2W)=XP1*G$[Y?/'><#\P&(%^=%/X/O"'N@?^E'HX<4G*(])E)?3T+:K^XCSU)\C)BB(IRY<[O^'C2":@#0/PHS%6 M>B`+D!(E&#L*/8=!'ES0!R]\!)1-C:$.C^S?\M(3O!M48AGY/<->FO%7Y6Q]9AQMA4ZP0B=X(72"ZN6Y`B>H M;@!?NN[\&N_T*IKSW6[\NG+_V,WX9EAQD8WY-68'D3#+,;)\\6:[<\P*5L32 MH9:W)5]TO5AKZUXR'5L+-8-1O'==P+AK%2PDH0"'D3Q`Q.038FH+E_>:-B#% MFA`:YL9H7"@!Z#)M6(;YJM>;_H/&]&N-S:IO_S7U[9^*@Z&ZV[=Z9I>O_[[Z ME5;M]ZOV^Z;;[UM!O1U7V33_[)9WL>D&4WO>X8(X3*PN2U_CNU)F:!I;#?#T M#/&R_EB0>H2,M,6Y9V4@<"N?R;?QB`.N17Y5(GX-^0G/T2?F:51/MJHEV\4VTWD5U$GV+^^D4 MO8`7&&J!.V792-*Y2T,/T#VM%%YT`W:0CE:U3/-()HE:=E^&I6BPXY).3P2E MI6<4(&W1D2N-G#H>'EX\283-,4P?R1U`2H.ZW::K=N15._*J';FI=N1X"%&I MYC)7.=VPV=P5WW2V[!7_^-7FKRZM$7O-&:S6=Y["XB4>Z\;KJ)##UZNQ,&%8 MD,#?<6PZ'#Y`/U\OHB9D!#[*>!/4V)P0`5H[I!>3+K*.^'G[[KDR^2X>K/$; M9C?16M^^AY*Y15&FTN_E(D2S*F<6:UGGXU85L1(WT(=R5>`79VYJHK!14%IX M#L%;[+HWV3/ M.3:P"9V*_VII?.T=S?8#P$;HA1F2T1,2)ED(1F,DF-,/`?S/*GW@DXI9#ITV MC5Z8Q\K:`WU'!)ETSVA@W_('C_(=(GL\<,D:5?58 M`8+X!$R2;"XU% ML!YM?I]'5OF0;M@I=,G4V$Q-[IP_W=?A/$@[^_.1Y'=_]NM_=]S-([[:T#`W%!BS1W MF(I"6]UB82H^P]>B)>`IJ,1T*,2YJL6^O[6]LK/'WP5OZVUS M;VOO7?!V+$X*8=M$T;MU:RNZX^\[T!H_?COW!!U`R\;2DKE6&5Z+\:V,5LK@ M4>1JG18.>T'W5!W@+).Y[^?*%.\EMM?JITR:!N7MP%EZ!4?I66*B>>0L[7.4 MZX'_[79?_N4`JT2HAP9>3_N]!_B2X1VHJCG20R9 MY..[N/XJW'[&1%T*GS$Z3C!J]61TB&?MGJV==IG8ME!S$'^.FVFS[7_9K=)) M>KFW;7!W;7IWU\[FSHN]]7QVV];.QMX37^DY"!:OOME\_@@6?J/D!ZYV?3*" MA>&J'@^'$Z;E^%UXX!R?/[N6ON'W&OIPC@`#/.3#@-=<@L2VI2R7\ M.+FIZ$@CJ@"G;U3X&L-BPE1(,TSKW9)89B\7EH9>DYP0#K^)$PS(]:&P!!]) M/?,04TQ-U#A*+BD*;P5#1:DHG)/"8$X9G]+A%`-_(4YZ(%^]2H7UK?UJ)O6+4N'Y\3>(G\X^$V)7@UQO<;+BF.8&RQE6L-'UY6XFC+73?H)HNUX:>.[E$V9VTLSU MB#"AGU=8[$6X_J1E;WF]:-BD;_N/*U^:`>R5 MM7&ZAO!>]'[X`EYQ"K%5]ZJC9RE_C\SPB[6-@[6M#2NFZ'MNI7"+#!1L;.WM M3)582QWOM/&9YRS/+Y4^O*>C"9EQ,^,'6 M=@WAE>"?TX=%S#KF$5"N\@<6!M-[Z9PF?=>=]-*'UQ-SL='`@[UJV>>>URL$ M&Q:4USNY/#S^^/GL?>?SY?'GW[L7)\>GW8O+>:?U;!SA/^+Q[85J*']MPVC+ MVNS(U1^'9A'[Y[;:3,3^T@%J'JG?M=1>T[B8X5IS>)I=2:4C,"W`K4+&\S@7 M-MP=;^R]8-@$S+)OL%,W+LBK9>0QFF9)M;OR>JFJ' M*=OO6RXGF8WOVR*74%O!1>^X>NAT>3O M;Q!DW%T_BJVPR&_O_!G-;>KOSM$"R[O[]QBXSL6V,':IJ]^<6Z MM90<4V7RCW^7W8D?5'E=G9>7-[&EE.`DXM.[H7A>\#U_Q M"T"AK+GO!1&.*7.3UAA.&AKQ%&?R_.MBOUVQ+OZ]V=S*T/>J6AOZRM>Z.M;: MZ]N;/ZWC$+S\"C%F:=H:<2>S]BIQM4<9<]#L:Z7JCNZ*J;I^;NN&VQ#L>CDS M$:$`[*'IC+LA5;J`FK+'V-7P$JJE`=K(.E&JR#!0W6P89OL`XVEFFP'&GG.%BN><2?+M5@M1Q]@)Q#[7"C;<;7"#; MM1?(]FM?(&N[ZWO;KV.%;-=;(=NSK9#VACMKA3OO-+A$=FHOD9VY+Y%SP`J& M^C;&*7Z6(W^PWGXEZV6GWGK9F5&CN#Y%X<:[#2X7-V10X\JY:I2?9SIK#O9? M3XQGM][JV)UM=;C&6YFY\YR`8/4]ZX9Y%A`@G"'00XOI1`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`TB9I?0!RI<^EU91)K5-ZV-X#9GY/P? M!<--;X\?"$M_QT=ZG*3W=G M*#^=>;R\U2.[2U4\LCM#[XI&]I:H=V9NA=&3F\?+6CNPM5>G(W@R5 M(S./E[=T9&^I*D?V9B@TO5)K4W0YO4S./E+7/>6ZHRY[T9RIQG M'B^O?;^W5/;]W@+M^ST_@=52V:M["[17][SVZMY2V:M["[17][SVZMY2V:M[ M"[17][WVZOY2V:O["[17][WVU_Y2V5_["[2_]KWVU_Y2V5_["[2_]KWVU_Y2 MV5_["[2_]KWVU_Y2V5_["[2_#KSKZV"IUM?!`M?7@7=]'2S5^CI8Y/KRQN\/ MEBI^?[#`^/V!UQ\Z6"I_Z&"!_E![P]^=M[%4%JLK[IR'S-^?M[%40597W#D/ MF;]#;V.I['Q7W#D/F9^(=6.I3'U7W#D/F9_Y;6.IK`M7W#D/F9_^;6.I#`Q7 MW#D/F9\#;F.I;`Q7W#D/F9\(;F.IPJZNN/,=LD++@?QXJ8:LO4#7LEU"_+ED MS)^S4'_./F1^];]D])^S\'_./F1^];]D'*"SD(#./F1^R)PEH[:+Z=(5]YE#YE35?Q9_B,__WU]` M./&/_Q]02P,$%`````@`N$(!1T@0'?L,`P``.A,``!0`'`!I`L``00E#@``!#D!``#5F%U/VS`4 MAN\G[3]XV74^.]A`=(A/"8G2J66"N\E-#JU'8F?'#BU"_/<=MTE9-]*&"VC7 MFS3-Z_.^>8[C)MG;GV0INP/40LFV$WJ!PT#&*A%RV'8*[7(="^'L?WW_;N^# MZUX?]LY9HN(B`VE8C,`-)&QPSWH]=JRDA#2%>W;68=]0Q:"U0K;CA5[D!:S0 M5)*=%C^%T04[DX8\#1\"N[[B,G%=ZY`*>3O@&AB%DKKMC(S)=WU_/!Y[DP&F MGL*A'P5!RZ^$SDRY:X^*)7HAR4O&3WI;8$$_;DW5X<[.CC\].I=J\9R0RH;^ M=>>\'X\@X^[<@$Z#L3U4*?3@AMGM]][90@'1'W$$[<4J\^UQWY9(BA0.I"QX M>EK(I)L#TY[)K['-J.%EF>0O7;".&F[0@MW"@(MX+M*/(F.OEH$U*\LCZ%L]E>)9H_ M8Q3S-"Y2JJ7D.>5:2`P3`S*!I,ILLZP/HC#6/:!/V&(NJZSHZ\R-63LV]V.5 M(7MXLGQD#RXK?5EES$IG-K=FUIN1^>-L)A&G5,4+;&B?&X6+[2S13&>]AM@; MJCL?D69I&-'6=CIR@]!MA=->(_ZX`%/%[-+E?Z`UY:AJIGP`:=NIT?BOFVQE MK*69_IA5![@8CV-<5:*O_TRIQ16C5/BZR+)I-5<8R*KQ-ZBR6CZEIWH^J<($ MD%;:P"ZU8Q##D:&]5Z?:X9(66[MLG\(2MO6RM1!>CK<^[)H@'PMM4`R**1N9 M]`'O1`QA-`B70F\^;`.;T#Q\V91HC4WI8E]D(N5XH>2+VK)JX(8W9E7\LC6M M-V[-DGZ#;MF!+ARY6^@W\!&-$A=\O^T+O[1"_G7ZS>9?WWJDO_6NOBW M7LB_7K_)_.M3E_RWWYA_,^K_$^M5A#^_,>&#^%4HXL]$-F@0#V]>:YM1),!F_G@U23Y\MO1/?^O]Q/V M_=3\O1/M_`902P,$%`````@`N$(!1\FA]!Z2/0,`!!Q7`!0`'`!I`L``00E#@``!#D!``#L_6MS MW#:3!XZ^/U7G.\QFW^Q6K6)SY$N"5E/9$LC]+D MEQ^"'U__,"+)-)U%R?TO/RSRHS"?1M$/_]__S__[__6?_W)T]/\[O?H\FJ73 MQ9PDQ6B:D;`@L]'MR^CJ:G2>)@F)8_(R&BUR.GS$A,_B=#$;G9.[*(D*.L7H M1OF9/1?)"%96*39CT='[-=C^@\_Q_Q?*:HD_^6'AZ)X_/G5JV_?OOWX M?)O%/Z;9_:OQZ]?'K[C@#Y7DS\]YM";][9C+!J_^?U\^7T\?R#P\BI*\")/I M:A3[&=&XX,.'#Z_*?ZU%Z?2SHI9MHGG[JOI'+MKY42GT//HY+Y%]3J=A4;X! M[;"15(+]UQ$7.V)_=12,CXZ#'Y_SV0_T$8]&U4/.TIA6' M/)H_Q@Q2^7D6&3)]6(^#[.7WY(XO"4QF2WE/\Y)=D^7_)VGV]\C888T6]#_97_YD,8SDGTB)-_I<]ARCOTK?Y(DBS#^ MM$AFDT?FPRB:C\^/),E)?I.%2?Z8YCM>&GN9>?\/:HGMXW/(?FG/SV;;R6P_ MCLOTBLS(_)%Y,ZN/9KN);9G735J$<>4W_-,S.J%RQD4UM,YV%1T(CM/!> M`'7?_F9W\]JDZ7-2A%%LBZ4WG&V/#R3*IW&:+S+2!GD>%B&/G';[5'8Z);R0 M[M?H_N&/B,0S.R%==SH@(=V&SV'+.4"'=%L^DIW.#"VDV_+9;#L9Y)!NIX]F MNXGAA'1M;'L.Z>33`0[IMO4WNYL77$BW,Y;><#:8(=VF3V6G4\(+Z=B>:WRV MR#*23%_LA'7B*8&$=EL\CQW,`SK$V\&CV?GLT$*]'3RC74P(.>3;^2/:?G(X MH9\(WY[#/_64@$/`7?BCWDJ.-SA$]G%1+#"PST\G-U/[SQ`W,-3VLF,H$+$O3^D'KS,N!S%>L!H6E5S&4W MPO,EN',0UP%9*Y(8BX(B7Z[/+EK[E7N(YE0SN0KDMM9^\Y^'%;[M[$'L:E+G M0=O.GL@6\X`*U?;T0#:>TV&`)H>UZ]C,9"9(8=GN_,A.IG0?C.V!7_M/!"0$ MV_Y9[&HV`($7@W9Z=7&VATAK[:==A5;]]>OQ>[""I\U5W7@6Y^'1YCKW^6%0 M`="N5#:?Q&&(T\"QZYA&^-.0@I@M['FS.=R'*;M@(X-?!A*(;*#MQC\/)-0X M2^-T?AN%9^'C(]G'89UD$I?AQZ8Z;_3+\$*2;=7?P7P@PI1MG\-F4X`+77;[ M&#:9SG$XTT&TC\!&,0FT$&=K_[#M;##"GMTQ8Z\Y`(5"&S^!'4P$)#QJ;1*= MY%&XIQA)-I/+0&DK[3?_>7@ATTX>Q*XF!1$\[>2);#$/N#!J#P]DXSD=!U1B M6/N(JG0S00NM=N-'=C(EC"!KQ_S:?R)`X=9VSV)7L\$,O,[2)*>#,Z9F1IA# MI./L1&+RJ0&%9EL^GQW.!SYXV]&CVAL*B.'=CI[9+B>&'@#NY9'M#@2L$%&& MTT+,J)\:>!"Y*W^V'PP@P\R=1Q,[F!EN(+KMT]K;]#!#U8]?/I[8B4SKF0`% MHOVTW_SGP8>9FSV(74T*,8C<[(EL,0_T$'$7#V3C.6$%@$M8%N*]SDS`P[L- M_M%-MV,D`*QC9[&]M/`#\RV M>C"[GAQDH+;5$]K!?.`#MQT^H*WG!A;(K<.S$=#)9H0>V&WGAW8Z-%&0C^5Y9^*Q[LA("-N0`%?WV?P#83@`_X-GT8NYL68I"W MZ5/9:B;H@=UN'LH6L\(*YFI@%L(XP5S``[B-_S$9JNI`(5F/?7?XO?!!V8;/HJ=S0HQ+-OPF6PS$?2@;">/ M9/-)885D')>%B*P[%?"`;%-_LILY089C6[/M!C/!#<;Z/HV=30!UT;:]O]9>&'65HIO.QF(H&JK)[#![X,+H7;X`'K/Y3A@ M6H>SCSA)-@.T\&@[/[#55#""H1WQG?D$@$*?S73?=A8@@4Y58?_D/HNFBYC* MDJ]9.EM,2;:/`O8&$[H,@W;Q++:>!5Z0M,O'LN.Y0810NWP^VT\'+L#:W^/9 M=FK'X9<2W3ZB,<,)H05G._4_NYP91NBV'P;?>#Y`@=U.GLR.)P45]E6WU.Q$ M?**YW`=[&S^!;2:`&N)M_3!V-RV@P&[KI[+53$##N1T_E"UF!1'$=8'M+WY3 MS04S=-O>K^QH4D@!VPZY=Y.IP(5IFS^/WS*XG!Q3`[>@)[6`^H,'<7A[0UG.#".QD\/87WNEGA!GD M[R"XF@A40[N'A['YZYT'A'I[23F8$%1CN_2'M8':7KW'V0N%>NWV9*(('B+I_/[N<%$"RN8MK_HL$,C6CWO578FL;] M_N`F>F_XV[`"O]T\@IW,Z#R\V\VSV'02&$%<">_SY/3D\W]-/I]_N;C\>'6] MGX!-.A.(G;NUE[._[3K)-)!"L!UYB.WG7WS^GX]7FU*"^<\""9!VI?BVD[D+BW;U!#;X?6C! MT"X?0.^Y7`1$4C@[BX4,9@`1!NW,#VPU%8C@9[,'L,T$X`*@#9E_1Y,!"8*N M%GF^0;?ZK:9PN4>TF;X;_"Z0T&=GJF\]&X@]H>V>P283P`A_]O0(^D_F>$>H MA6G<>/44SDNPC M`E+-Y"H0VEK[S7\>5EBTLP>QJTF=!TD[>R);S`,J9-K3`]EX3HGQDWGE",T30\3?<2<0FG M3FW_##:9`%0`M>M'T'\RAR&3`,^N8R7E%)"" MI!WX@^WFLP`)!#:0ONMIP$0^C1OC?^>9G_>I=ETWUU]UN=Q/5_]U?O7G$\T`*C7;E*78PH>/;25O8QA:_#R1`VC9"V,UO7;U^Q_YH51^S/U7.B/Y%-%[?D:!911#EU6C^, MEA,U=:Q_)4J*5U3TU5+FE?`']HVZGNIHEL[#J"?D[FB+>,E=N(B+C0'SX7M' M7#Z9HSF9WY*L)]KUH?M&&L9Q/WSE@"6J?SDZ&OW*5_#HG-Q%2<2(>_1O)W'\ M[T='#>RS^A\_T_]"Y+,R(QKP*8Q&4!U-G1CQD]LL/1;8@J[],DX(NU.5*H$9' M[MD?:E-X)5CE*R.Y2![H-SQ=IU,RHNMJ1/^5C"X*,L]_'HVR[.A\MT M8VPS$E7@Z!_:Z.A?_8,_K!OZLRU@W7^VC.DK7:$I70HS&F&IP+7D+*&L5M85 MN8_8*TN*RW`N`BD6LXKQC#ZC+(POJ%4^_S_D10JR(V<)Y0E]B3/V(C_%X;T` M7>O?;:,ZI]\;651^_ZO`K8E9PD@_/6?T$^/Z97Z;Q@)PK7^W;+]G&2D]KL9\ MU\4L8_QX=T>I-WHB&I`M.1L!SBHN$&`3_/L^`YO6-T"O$*?+(ZL`QP?,+7I9 M@A_#!B^FG27V8Q^P=]AH"?X-;/`MLEJ"?NL)Z#426V)_!QM[B^.6H-_#!BWF MOB7VG_S`WJ+$)?@/<,$+.),ST6O#SV;QWM+JXWE4I"L9"_M-?3,DSM+L,=S.@C6/Z?9%*^J.4;+24;?ZVG^IA++J49\KM%RLE$]VXA--V+S'?)V ME6G,V=B,X']U\ASE+:!&(_9I:L*3@);!29YUVU5(\;6`_.UVIMC`*Z4HI:0/GR5U! MLIOPF>23Y)QM-$6W"[:$\R]KGV[7Z5::^N]B8N!G7^DQ+4+8O/Y)[U\&3[\9(/NXX$X%!.B+>G M.6$0!V,+8NN5N>=+%](-AO5_W@!3YVXT_8M_7+/W>OSN_?MWPNA%+.)V;T/R M!M=/`2V')?+3!=F;97#%3Q@O:'KCL&$-LOY+RBJ$*6BUB`]GD M]I_5S3LIL*Z$55Q?LXBMO1MJ+*?TI_]4`.R*6D5Z3:BCF1EB%0G;0+LL2"%] MV^U_MXCI,LQ8U90GHGA^"E%K8?RJP,U9*$KE4<@YP%@RI>*):L2M6%"[7([T MNY3FA9)6E`,6HL3B5I$FM/O&Y)E9,:*PMR;`%:, ML(G[*DSNR>3NX_/T@?VI-#$]=O4HB_B7A8MT=-$6LX_P].4/$F:&.%O"]M'V MH#K%"%=/6>J>E<+VT?X>%0^-@EL:%]UGK(,5TR@=ML'JT8QVJT^O5:48Z%:+ M?NM+-=*^'CT"`<4(^[C/XC2G+MP8=5?>RJ%:FA5W:1RE-_3K/GTB\5Q5(V\/&ZGB?)K'&5M61`Z6(T&6/Y+KW)4M6(VWS:)G!5LC:Q:I>! MU7?.)]5%=S(YFQA-?)-*UB96O8^22UJV=;5S@N*1RLE[NB7I&!?8>T"VC+0Z MURRKQ_0`;3;*Q9,V\1,F8UQ@U_L-_0C`144$I\#.KRN;X.X>$L.O;:4^.H9? MWTIWG`R_R)7@O!E^D2OU*33\0E>*XVGX!:_T!];P"U\IS[&]*'W5XS2[4Q4+ MI$**0VZN`&S^U1]Z%E\8,Y5\(*E%0?H7`_8 M;*T\5>=%Z1N<.#.]?&"XQ4'\%P/ M+SA>>B3/M8#-[O*C>HX?-L&K#O"Y!K#YO7/"SV'#IG/5N3_7`#:;KUT.X)!A MT[7LV@!'#YN891<*^!XE;!X67S;@V&%SKLG5`ZX);-;5W$;@2L`F7=4=!:X! M;-KM7&+@L&%SK>QZ`TY\6N%64)ZE\6*>7(9S@9]0B-HI.?L)9N7N;575:_)$LLG='36"Y/YK%DT%Z'L.!Z%1\2`Z+S$<9E&#!H"+^2-S M;Y/DZR*;/H0YR2%V1V M'CU%,\I3[&!G[:!'K]H6OVBE@45=I8GZ73;WZB^Z*BF%K:/5X+/5(*DNF:A[ M>@I1RTB5V*S:V\ETFBZ28OE(3O*^E4-\X$4+5]UX*F@6,$.K"[T2MM67H MM&S.ILNP;]0(H:J\F:[*AL:B M-V@56[CMP=Q*Q.(V=F[$JUKA96&2ESNVF]O8\;J-5;.-V'2C>KX1GW#T?37E MW[#-#UCJ&E;#\:X:#AH>L"4^N.T)+)^#9NDI'V*]'>_J[:!AX18B%NC!`CU8 MH`<+]&`8>%AL!75;!"OZ8-@'S)`&>>B%)8`T!VY8`@B9'9D=:P;Y7S,(S0N/ M\['($!89@EYD"/V4]V%`Y\7)J[8H1&U7)M*BAER;2`H>#1:4P>[#-"PA514U M4@K;*5N0A/>E9;$;HNH*"S))&SB;6_-L9YYD3]&4!./;0(?;?*1M/2;9=32/ MXC"[3).^FNC&VM#E+)T_I@E=$$&9%,>7L$H%@R%6D8_[(Y*6$XR6 M,WAD8L"RJ;#(C'=%9H9H7,Z7\>!V/K"0#)H>8%[#8C'>%8M!X\%-P[WAQ((P M6!`&9`T5+`B#X9P_C`1UFP*+OF#X!G#;X2!/G["PB^;D"PN[($,/CJ&Q>(NG MQ5O0A`9[W(T%6K!`"Z@"+>B+O*#S]=GQNLP&-"$-G/LYW@S93A%L7A$H`F\(_AI'RORG\MS`R^S>$STRWG!#M&R!GG6CIF>:"I[VU(^].,MS.9T<0GC,KTB M,S)_9)/LPMS>*LWM/T:7Z6@UH4?6!^P&)29Z>I[H.7B[<[["![>W@3F@:)5^ MLB&FAWJ>'HIVA1N-F#F*F:.8.8J9HQ@$^DU64+=$,*D4@SY8=C3(,S#,-\5\ M4^1UD/X()J]C*NI!I**B=>$Q_G;\CUFJ$/$?6)8JNBG_@@#Y&S3-[!./<9O8 MJM+#GR17D19HTY!LVH[UV,;>-U]6/=:M+F9YM*(1`'!K\VM%(P#@UN;=BD:X MQZW/QQ6-@)*5:,!Y?P$^P85[PPTQB-#J\8(%)QFA%L*T(#R[=T-5`\X^K]LHW:1'&5Z18 M9/0I&=G::9B=4;E"9'/OA!V M\4#MR_E*'MSF!^83H_7!9C?,&_8N;QCM![=GVL"(JUO<[K12L:\C$XYN]B_BZH_%UT M1[Z0.G\$Y93RY$*)F.UL7"5:R`FX0N!HAR[L<).12< M$HB$K*-3Y/+*Y&QCO*`V63Z><[KHU#!;HK:1!A\^"#)%NQ(.<`DRG;L2#G"- MM;@ZAS)6<`DRK+L2#G"]T>+JY$1:P27([.Y*.,#U3HOKG1-<[[6XWCO!]9,6 MUT].<'W0XOI@']>8AE-J7)6$`UP:?U]).,"E\?>5A`-<&G]?23C`I?'WE80# M7!I_7TDXP*7Q]Y6$`UP:?U]).,"E\?>5A`-<&G]?2=C'):H$TY5P@$OK[P,G M_C[0^OO`B;\/M/X^<.+O`ZV_#YSX^T#K[P,G_C[0^OO`B;\/M/X^<.+O`ZV_ M#YSX^T#K[P,G_GZL]?=CIY6^3/;3A1N-SN_);`*^6X7,:;FNOOA;NY,02G/U M5:':OX10?6L#Y$&WP)8GR,^*D'7X3O@R-_4R#N,"!SYJCY>AS.! M(W^W(B:O:+7:KN70O2+5:D>70_>*3ZM-7P[=*QZM]H4Y=*^(M-HZYM"]8M)J M=YE#]XI*JPUH#MTK+JWVJ#ETK\BTVL;FT+UBTVJGFW\F><6FU68XA^X5FU;[ MY1RZ5VQ:;:ESZ)ZQ::-X\M@S-@T:Q<<]8]-@Q:9CS]@T6+'IV#,V#59L.O:, M38,5FXX]8]-@Q:;'GK%IL&+38\_8-%BQZ;%G;!JLV/38,S8=K]CTV#ACSD51 MV8%>C\>R>]AS`&T,BX-A;P'?>PL,U+@&6;0%>PB@M>S!S0^F2`+V"K!4T.>) M9.&]P-AVT:CC?N!I6HU.RY8JA89'1D=Z]<:U:^%6WT>30OT?NV^BL<. M;K-X3T5A?:AJJ]KLWJZH+88$'ODM4"'!D/L)PBUFCT:%]XBPR2#$)H.;!XM? MTBRA)I,78::RV@OJ,I[S>?D_2S,\3R_3XHKB*FI*DD$:G`#"YC=JPA^.P>CB"50J(->[DZHVE M%AL8)/G\Y;'V^JI'*>]%H!2VW8/#`#GD3AP*^&BT8(QV7^9A#>UGALX(ZE+2 M$1\=T>S0\R(9WD!=FO4@3AIU4CR8$^B[:(5T'VU/N,.PT M?+0OO-YQ:&5B?,O6Y['M593_6=G#.2G"*/XM*=_8-B;XTXC=&:M^GOZ1S?"J MFF)4S3'Z7L_R=[_B&`=]7NC\.Q'4_46OT_(';5W.U_'@]CLP_QYM#S*SX1U\ MV1U\<(GW:#WX-8:7[6%T/? M_BG]_3]5.,7R[E*5M!:J@PXY36+0QH47;3C M13(?R&2C0=L*;J:ZH9Z!=?P\CW*V%T/9LVUEYV$1+K=B#'OLB@SM`S.T>@ZQ MJ;&91M_Y7*#-#=@='4PG\B>="`T-QI(>W`8&9A:A&1X(WPWG3BJ\I"(TG.'N M8>#U5+R>BLP-PP'!9&Y,#Y:E!\/++D%#PH,^S!2&EBF\>8P%H.E.)Z@#@`E^ MUB\F8ONC#+;E`M"6"[\Z8`9+,+\Z,#\.7GX[L!4.4R5ZTW]>TZ50[_D M*\UCUMS!9,VA$8)/H#,[9+PB]^S;.4R*RW#>=A1R,;M?!>*N@^U_M^O"?B7A MC*XQU2NM16P@F]S^DSZ+Z(E(@74EK.+ZFD7S,'M19&DJ1*TBO2;44\\,L8J$ M;:!=[NA(WW;[WRUBN@PSZFSILU$\/X6HM0^BAS2FM,VVQ\Y"24M6F9P+C&F\ MF"<"+ZT6M8'T2_@K;9))#,R M+SF!^ETV]^HO!)&A2M@Z6@T^6Q$#=2')/3%X>@I1RTB5V*S:V\ETFBZ28OE( M3O*LQR:ZC>12'V66: M]-5$-]:&+F=E'!=8:./YOV52SK!J=CX5?JGT: M`\"*$39Q7[%O]LE=X^O=!+MZE$7\IQD)_WQ,HZ1@9^7LNUG.>T)9)UB_1`G[ MTK\H=_+*HE&D"B1.Y@R6@0;:7["H%U\%-UDXJV(A&GO.HYS=SY*_#DB8WOWJMVF M7H.M?REH&\H,]W=I,N,TC.J!T0A3=6C+") M^S(MSE(Z;[R$PDSY?$%NTO::DBO2XR>L\DHX?XRUUSO:8O81GK[\04+YAXE2 MV#[:'E=3%"-32SG"=VR$KY,U:`W?6R-\;UWA"UZ; MX&-2#JP\79T.;V#QFM%N]>GE"10#W6IAYB%$(P#@UGH.T0@`N+4>133"/6Z] MIQ&-L(^[QX:=8H1]W&=QFM-PS!AU5][*38V")7#1RQE"]_G M-"=?TH2\B($U_MG:RDN3&3NES*.[B,RNB[!8"+8UY)*V<):/I4J]8ULG8H@= M(7M/L;A(6%;A[)P\TL5%?_6%_D41%0O)K5V30=:L1A;WK_VC-32*:W[M?[>% M28S$SORG]/OJ(UU5+`'F>D6AVJ890V^AGEQ MGI;G+_251_37R:<%-2[UDU>,LNGAM>[N<$UWLMKO=.X-/Z^DG"`2^/O*PD' MN#3^OI)P@$OC[RL)![@T_KZ2<(!+X^\K"0>X-/Z^DG"`2^/O*PD'N#3^OI*P MCTMTOZ`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`*]&RZRI6"S;:&_5>Y,K!9>,/6 MJUPYV%3=J_\J5PDVC1LU8^6JP&;T[9NON`&SZ7VOXRK_IO"!\<1=8KH(7]-YLSL&!PZ9R80=9#ATV44:P>9C@QZU7!'8O&S0LI;O9,)F M:X,.MEP1V)RMA0^;N0V[W')E8'.Y"CEL%C?IB,LU@4WFDF:Y'#QL)M^H4RY7 M#3:I?Y5VT.7X85-X!W_W..`8-G=W-+AJGIB^@\+6P=R_7`#9O]^_=R_6"S>)F?7RY+K!)W:RG+]<%-HOW:NS+58)- M[&9-?KDNL"F^5Z=??O?%"^+?I,$O5]"/P$#>\)?KX4=@T*/?+U?,BRBAW0J8 M@_!(+2/L%D'@K:;%'+L7W&S8N)CKY`5/ZSL8IPS/7PBJT% M'8^Y'CZQM:@#,M?#)\I6[)^^\XF^N]48N!:PB;S31)EG0L#F<%5K9:X!;";7 M-5OF6L#F[K6.S!PR;'Z6]6KFZ&&SLJR+,T: M:P*;4S6MK;D2L*EUPZ[67#G8W"OO=LWQPZ9A??=KK@=L.E9WQ.8ZP.9EP^;8 M/"D=-C.;-K^FMS#?Q@).8,&(,Y@9?J:@%O M,"?P&ETMX`WF!%Z,:QWXN,&'&N MMC:-^YMG95&H1FP(O$I7"?HR/2>SQ91!HL$A*X#"*Z;ZT[,;>3%Y"I/B)J5OAM?K:R@$F]_;"DT24GZ) M3.Y.[JA7IBI=/Z3?FEX9-M&W]6F4'N,*E\M`."5O*0/0_1>_0HEY#M0P(MW"1J*M^\J!\!+>(E4$+3# M`U[%2Z!%ZVL->/DN@0*M"C,!\.I=,@T:!V[`:WA)-&B>YP.OY"70X#HJZ7%Y MCW^E"?"Z7@)-Q,D(`?`B7X)6]^LMY&L]8'.V5`\!60`OZB5393WS,0!>TDNF M14,!V)PM4$#4VK[6!C:!WSQ$6?$BMV[8Y-U"+[)IV-R]KD#;DF&S]CKV%6S@ M9;MJV"JK717N^L]7+14^T_^L_N5?CHY&Y]&<)*SR_NBE./QM)4M;DKOYV3?MOW[[]&)4='/,?I^G\5:DYZ\1`OSD7&5EI>4Z*,(II M;!%^C,NV./ERV,[IYVGEJO*S-'M,61&&TS29?;SY5#^5JOJ;_%WP8 M,87X'/0_V#2OJGE&U40C-M/H.Y_K;RJTG&_$)QPM9QS54X[8G",VZ=JRH-_, M:P^$_G=8I/4K?7[@# MFW>,,K2I7ZD.V71Q2YA-+25&_T9ER.BB(/-\5*0KF7_?H[DMX]:5L5TOYO,P M>_DM*5\2F8E-C9W!EU^62JJ MLJZE@.6/J;U]!N[6[![X0CZJ#5!A>&O/NOU])<7?]X.K--O1EW*K9:]\-G`# M<[Z4![>CL0;'U88&\AL,\X/);Q8_(4$QF0)UWYT/Y"\(!C3(W8[]X.2W>TD^ M2>@'>I%%MV49__S+VG'8"JYV@%/4)\FLS,+HC;X]T%W4L+.-IGU?"-J)%MKE MU/;07BK37ET]MP(QK/.!E:!N6VQ]H`8JF!/B[;NUCF$6T M;U^_&X_+2>E?_..:O=CC=^_?OQ?&+V(1M_L;FYPSN[NI+'NS#*[XZ>(&C)>. M!R936SY=!,7;2MP]C_&0OV&9T:$?AV_.Z&?L\D,P?OOZ6,KH71&W'[I;'L4[ MWW4PP"]^[#WW@L54?Q+'2.NN_1$D6I?G#ZR`B63V:41A''?L1I^MWGYZ2WMY M2^7H1+/B9W:[B\Q^^:'(%F3UEVE2T(6^O-;URP\YN6=_,#2RB^2!9%'!MMU& M=VDV6D72/X]&6?9S%S4:GQ/CV\TRWS>VNMB4'%HM8@/9Y/:?U**B)R(%UI6P MBNMK%K'%URA)(078%;6*])I03S,SQ"H2MH%V68Q*^K;;_VX1DZ@^C@2>2-1: M(/^0QI1V6&6O.KE4&,X+Y!Q@+*E2\40UXE8LB(:Q]&TF][Q2FO2YRB6MG/F6 M-1`^+9)9!X?N*?<8:M'B1)6+)!8G$K6(-.?UV5C]R7L3P(H1-G%?L1*&D[N/ MS].RF&%I8GKLZE$6\7]\#N>/L98NVF+V$9Z^L`HQACA;PO;1]J`ZQ0A73UGJ MGI7"]M'^'A4/5V1&YB4"G8ON,];!BDE7:#98/9K1;O7IM:H4`]UJT6]]J4;: MUZ-'(*`881]WMUZA&G57WLJY6IH5=VDPNT?'[80.V/A%Q\GM*ZT@ M-6B?-Z^N],`'K6CH`KM$LNQX>@D>=H5DS8'U4@?819+EY]A+^+#K)/;L M!;N"LN*0FRL`FW_UA]YU+VPO]%`?@->-/WW0I7TV7G.#=OYMYP6I&QRX[/-8#-YFN7 M`SADV'0MNS;`T<,F9MF%`KY'"9N'Q9<-.';8G&MR]8!K`IMU-;<1N!*P25=U M1X%K`)MV.Y<8.&S87"N[WL#1PZ9LN":P"9F_:4+KH=QA26KS8<&7E@!FS5@ M^TDT,JPHC_WSE.!!=ZD0`S0PF7V%[2&_:0Z*A#';3;C\XL0TDMH$$V3D1VT!BF`:3?:!N*V"[ M1PS+'&\3'.1ICQ$F;.OHXH[48-HZ#L7!P&1>;-_H6?M&-)=!'2=OSM#8IA$B M?F_;-*+?`4O3K5"\BR-%_/D,IP+ M'(5"U$X!VN=HOIB?+>:+N,S:*O=PJQI?DR>23>[NJ!4D]U^S:"I`WW,X"(V* M!]&IB>$PBQHT`%S,'YE_FR1?%]GT(; M>I";U39)KDB4/)&\(+/SZ"F:4:)BQSMKQSUZU;;X12OM+.J:3=3OLKE7?]%5 M22EL':T&GZUV274!1=W34XA:1JK$9M7>3J;3=)$4RT=RDN@9&4*HZ;XCQ:I%!J'(>R^%^L:)$&K` M]U+0+&"$4"5^)VJM+4.G170V789]HT8(->;-=%6&DQ#*S&^@!HP"\V;`%0$I MB*KRO;4`4DR^EZ6+@UH0Q>0WU`-(^?A-HLQU%QJ`+*4SE`UP3%3#DCEH3)AE M@Z5QP)?&&8H5#?)2-);`0;/8QG$/YFXBEKJQU1PO"Y.\W+7=W,B.UXVL MFFW$IAO5\XWXA*/OJRG_!FY_P)+8L#:.=[5QT/*@K?'![5%@,1VT2U\9$:OO M>%=]!RT+-Q*Q7`^6Z\%R/5BN!P/!0Z,KJ%LC6-\'`S]HEC3(LR\L"*0Y=\." M0,CMR.U804A0I,"W"D)H7WBLCR6'L.00^))#Z*C\#P0Z;TY>PD4A:KM.D18U MY$I%4O!HL;`L=A^V80FIJL214MA.$8,DO"]-BUT65==;D$G:P-GB"",H4.;Z$52H8 M#+&*?-P?N7R(5>3'_9'+AUCQBZ9XG:(\F?ZUB#(R8T199HA2@C7`;#C,3DD? M/5Q7V.BC^3V,6%F"[(I$\]M%EI>,HL)J,L8&]DM2F#Q:B9B[E&?3^%P9BCC? MV>^AB#Q0@5!)QU0+\[`%0CF=3;32A3`0JNB8ZF40UT"HGM-;'7FP`Z%Z3F]U MY!$0A`(YQIY:HX33\CBF2AA&3!`*YYBJI,#OMF:.J0(FH1:(8CJF"DF"L4XA M'8@)PK@_B'E56/L%K0^(]6&.A_O<_L,O%H-FAS=LL;H,VA'>6\-R-#Z7HUFN M_8_/X?PQ)KLPN3?K)K><8+21@,Z#RB)*A;%5@"!@,XB%L/!WD( MA65>-`=@6.8%.7IX'(VE7#PMY8(V--QC;RS7@N5:0)5K06?D!Z&OOR=YS0F9 MG.UB+&J\D"NQB)&C)=JWQ-VN>1L83U_^(&&FJK.BD[>/F2%X'>B0VN$KY-R:PL?R_K3XW.;&VC$&#KS<;XCM)DBW+H@U`78%/XQC`(` MF\)_"R//?T/XS'3;>?T0TP$&&>3@A4G,%T4+PXM=F!/J=T[H($UKD$?NF/>) MMK)S%S^80R[,[71Q&>,RO2(S,G]DD^S"WMXJ[>T_1I?I:#6A3^8'["XEIGUZ MGO:)AN=\B0]N@P,S0M$L/>5#3!;U/%D4#0NW&S&/%/-(,8\4\T@Q#/2=K:!N MBV"**89]P`QID$=AF'V*V:?([#`=$DQFQ\34@TA,1?/"X_PM(P#,686(_\!R M5M%/>1@&R%^A:9J?>(S;-%>5'OZDO(JT0*,&9=1VS,Q:8N9QCM)QDU,^X1O_+ MY_N_@SY]<_[9".I:SD%D'0_5P)POY<'M@&!V,9H?<'[#+&+OLHC1@'`3$;.% M,5L8LX6]5N;`LH61E2"%=9@5##XK>*@&,\A3*Q?9&ID:N>GBZ!XV^LL M7S2C01^'8S8O9O."RN9%?^0-K?-'4$XISS24B-G.S56BA9R.*P2.ANC$$'>Y MY/=T?E`^T^IAGH7E]4/!68%(R#HZ16:O3,XVQ@MJE.7C.0\+#RVN]TYP_:3%]9,37!^TN#[8QS6F\90:5R7A`)?&WU<2#G!I_'TE MX0"7QM]7$@YP:?Q])>$`E\;?5Q(.<&G\?27A`)?&WU<2#G!I_'TEX0"7QM]7 M$O9QB>K"="4=`MM^4)\G&-O,-FP)&O"M)U^`XX M\C^JI;7X4S@R-^MB,DK6JVV:SETKTBUVM'ET+WBTVK3ET/WBD>K M?6$.W2LBK;:..72OF+3:7>;0O:+2:@.:0_>*2ZL]:@[=*S*MMK$Y=*_8M-KI MYI])7K%IM1G.H7O%IM5^.8?N%9M66^HG8 M,S8-5FPZ]HQ-@Q6;CCUCTV#%IF//V#18L>FQ9VP:K-CTV#,V#59L>NP9FP8K M-CWVC$W'*S8]-DZ:2)9>"^PMEWT[7C?LK=J+K'=>=2U`UA=/FPGX%\[ M`;0Z0.M[<'L&-(FP["++MX.;AXIW_5LY37ZE<*VVY288`<AU1/UD7WC-" MW![B"+FN[8EVA+N,4W,&E7L+YZ?BV^K!G0F$2I7;*_+6VM?1?A4)@)2OW$J1 MMH>"4-5R*X7$E5'?F6YJ.TE$PD@7[VIC/CI:'FS+.\B[I%ZDT<+..D<;@GU+ MZY`N2NTIMQ9VGCH:&-Y[.+A**KZEL_/P]BK*_ZP,XIP4813_EI1O;!L;_&G$ M;E-5/T__R&9X54TQJN88?:]G^;MG^8B#/C5T_JT(ZFJ?UWGKPS8OYPMY<)L> MF*".Q@>:V_""NNR".KC,=#0?_"+#F^A`;J*#NV"+%[F]4D9WD1M#.N\Y">IV MQ7"*"X$K.3!LI3EZKVAK_^4_OZ?*IQB>7>)2UH3U4&'G#,Q;.O"&SJ8EH0FAA<)\&JW MITTRAVU;@SSA\2*W#V3JT;"-!;=4W9#/P!IDGD547N!N*!8'(WI@O+TH7AY9J@)>&!'V8.@\L\.(#YI)A+EE_\M]S+ADZ M)F^)'M/*#B:M#*T0?H:9V>G;%;EG'[QA4ER&\[:GD(O9_3`0-^EK_[M='_8K M"6=TD:E>:2UB`]GD]I_T641/1`JL*V$5U]DUH:YZ9HA5 M)&P#[2+9Y.Z.QB[)/;7K MJ0!]S^$@-"H>1.0%F9U'3]&,?F.P\Y2U\Q6]:EO\HI5X MD,S(O.0$ZG?9W*N_$$2&*F'K:#7X;$4,U(4D]\3@Z2E$+2-58K-J;R?3:;I( MBN4C.9PJEW2#4Q&K M*H7MK,8DO"^WC5BLK#88Q<12/9$HY%@?!OH<)N/M*W')+N.YE$< M9I=ITE<3W5@;NIRE-/I-Z(((2C?`E[!*!8,A5I&/^R.7#[&*_+@_-?L3*"4B:%7=I'*4W MBRQ)*1KI;J]$\HZP?HE M2MB7_D6YDU>65")5('$R9[`,--#^@D6]^"JXR<)9%0O1V',>Y>R&EOQM:$99 MM0'RF)&?[:TA1 M%5F89C2P"K.7&B(AR44RC1>-*U2"SX[^/V77"^0%?;ZSF_2*W,5D6IQ1.R`* M;ZP881/W95J>`F%F?+Y@MRD[34E5Z3'3UCEE7#^&&NO=[3%[",\??F# MA/(/$Z6P?;0]KJ8H1KAZRM+M?Z6P?;1L^M>!#B:7 MNL(7O#;!QZ0<6'FZ.AW>P.(UH]WJT\L3*`:ZU<+,0XA&`,"M]1RB$0!P:SV* M:(1[W'I/(QIA'W>/#3O%"/NXS^(TI^&8,>JNO)6;&O1[J2#W+])(LR-@$Y4) MRZAD;6*MM[;/TF1*O]@RR;&(3MY6OH4RT\+JVV83FKQIF9PMC":>2"9G"Z/> MZXBE;.'[G.;D2YJ0%S&PQC];6WEI,F.GE'ET%Y'9=1$6"\&VAES2%L[RL52Y M=VSK1`RQ(V3O*187"4LKG)V31[JXZ*^^T+\HHF(AN;5K,LB:U^V,(F1V)G_E'Y?/819<9+,&B5ZRB1A*8F9C+%GY^QK.$D*?=3)MEGDJN5:$E:QGDR MFY59YF%<.?>RNI02KV2$;=Q/810OW_+7!TI.:LQ=:8=X?R>WUU'!'F2F6QRJ M898U^!KFQ7E:GK_05Q[17R>?%M2XU$]>,ZGB,ID.\'UDQ;73TYP?=#B^F`?U_CU:XV_KR0!$W\?:/U]X,3?!UI_ M'SCQ]X'6WP=._'V@]?>!$W\?:/U]X,3?!UI_'SCQ]V.MOQ];\O=\9]/DOH9* MUB96_;T-N:1-G%O%+9Z M+B@$HEX+JC'NL??%;0?SY_2;\>)0R=I\OD(4_4UN\7J*]=0;EK M54[.3K8-#L(-A[G0H'%UYZRL;""(HDS&V,!>SGB9GI/98EH6.TW+HMD\'[CL M`]A%;S;*Q;/_C6645[[X$ZN_0+]CQ"5M#,>YT*&\UQ&3IS`I;E+Z+'E]&+T6 M\I$N])@D5<.ER1WO*7G]D'Y3M[]5#W2A1:,L!D=3+A1!09`>0YVLJWY76:5C M7&"OO_2KST[Q/57^D;;QMZV=69T^OQ[OWM7N2AN'?I=%/\+*SMH3Y8U[8G8Y M3B'K"JOJJIQ:W!%BR3>.7-(13EF"MT+4)5+148ANR9/A,[\4K:WD[I>[0"GJ!5.V&2,2^R25!&- MN$O$YF"=X:3?#!__6D1/84PC2W/0HF$V-+AYB++B16N#$C$'"!7V)I>TCU-B M6T(A^^ATP"QC,K$9I?`ZVAWWK"X[51_-USJ`&_;;E?<@M=1O>POL6;=):;O' M-DC0@A:F2]R="U2@<'<[G"YA=^Y7P83=[7NZZBSM`_YK02_4I0:=&UN@-&@W M2UV"[ESG@@A:M%VYQ-^Y]@4*OZRWZA)\YVX8:/"-2(GS4N?S&Y0"/9NN;P=\]#CB&S=T=#:Z:)Z9O8/.UHA,O M5P`V3^L[\W(]8!.V69=>KHL7?"WLW*]&OMRE6`3NUF37ZX+;(KOU>F7WWWQ@O@W:?#+%?0C,)`W_.5Z^!$8 M].CWRQ7S(DIHMP+FX+T($,3]@;D*GL0"TG[!7`\OX@!Q$V&N@A?TWVHPS+'# MYGEQ\V&.'3:OBQL3\ZN?7A!XJVDQQ^X%-QLV+N8Z><'3^@[&7!V?V%G4T9CK MX1-1BSH<J`S/7PB;(5^Z?O?*+O;C4&K@5L(N\T4>:9 M$+`Y7-5:F6L`F\EUS9:Y%K"Y>ZTC,X<,FY]EO9HY>MBL+.OBS-'#YF)QAV>. M'3;_MII`<]"PR5;>')KCATVRPL[1'#IL9C5J(\WS]F"S[5JO:0X9-KVVNU%S MU/#I=(45-H^:]+'FFL#F5$UK:ZX$;&K=L*LU5PXV]\J[77/\L&E8W_V:ZP&; MCM4=L;D.L'G9L#DV3TJ'S%A48Y=-CL+2LZRM'#IF=%=42N`&Q^[G;WYKAA\W&W^S?'#9N#N]W!ZQHJ ML/FVVSZ\!@Z;7+O]Q6O@L.FUVX"\!@Z;5;L=RFO@_M!HU<*\!NX/B58]SFO@ M_O!GU02]!NX/;U9=TFO@_A!GU4:]!NX/)KX/XP9]5.O@;N$W,V;F\% MP"MY=1O2U\!]8LZ@P9S`ZWAU6]K7P'UBSJ#!G,"K=[6`-Y@3>.VN%O`&(,Y@1?C6@<^;C`G\)I;_)A%<7TO`%YMBZL@ MO<,7`*^R=5IWO&>]#J\).^@BLWZM#6M58;/O2M7RJ@?OX'B9%F6Q93*[2%:] M*AI:P:;F=F_Z9=.[&CUL?N;OI*W%VEE9`+PTETR)A@*P.5O]"5=;7%/#J7$I-&EK`IG#=O=H`>&FN M-GYVP4A^NR@`7IRKK4WC_N99612J$1L"K])5@KY,S\EL,660:'#("J#PBBDW MX3-IOA?8=-Y^+[^Q>CP5EWQBI:SHQ^*ZZX+-[)WN].Q&7DR>PJ2X2>F;X?7Z M&@K!YO>V0I.$E%\BD[N3.^J5J4K7#^FWIE>&3?1M?1JEQ[A"Y?++&AK!YOW. MDI-?90V`5^=JJU)OME1?_.(L"?YMW'L+`'@E+^G#$+U7OT()^0X4\.)=@H;B M[;O*`?`27B(5!.WP@%?Q$FC1^EH#7KY+H$"KPDP`O'J73(/&@1OP&EX2#9KG M^<`K>0DTN(Y*>ES>XU]I`KRNET`3<3)"`+S(EZ#5_7H+^5H/V)PMU4-`%L"+ M>LE46<]\#("7]))IT5``-F<+%!"UMJ^U@4W@-P]15KS(K1LV>;?0BVP:-G>O M*]"V9-BLO8Y]!1MXV:X:MLIJ5X6[_O-52X7/]#^K?_F7HZ/1>30G":N\/SHG M=^$B+O+1T5'USX)Q:[K3ST:2E#6YJ[]=T_[;MV\_1F4'Q_S':3I_56K..C'0 M;\Y%1E9:GI,BC&(:6X0?X[(M3KX<]G%.LGOZ>5JYJG(WLE3R-$UF'V\^U4\E M*MBTK^G_C3^,F$)\#OH?;)I7U3RC:J(1FVGTG<_U-Q5:SC?B$XZ6,X[8E*-R MSA&;=,1F75L7]*-Y[8G0_PZ+M'ZG#QFY6U\..9G^>)\^O9J1Z!6[/\G^<,3^ M"#VW-[0VCZWM,[D/XX\)U>U%8ET="4O6 M5$TIM:7U?W9L29*GR"UG'>O2;L9H-X#M)LNJQ9EE[;6YOIG\A81,$X'M*.1V M9$$],0I-22GIT*JT3[F[K]\"OS2S8S0S;\VLOEY:`BN/V"2&)I6T86JK.64F MUI5P;%J:)\MK#'=@\ZY1AD;U*]4AFRYN"3.JI<3HWZ@,&5T49)Z/BG0E\^][ MM+=EZ+JRMNO%?!YF+[\EY4LB,[&M?:;K(Z[:%DU?Y/9V'#![6\[1LK;E1*/O M]51*4RMG'/$I'9E;>4*JLK*E@.7OJKU]$>[6_![X@CZJ#5%A@&O/NOVI)<7? M]]NK--_1EW+;9:_$AH8&8TD/;I-C#8ZK/0[D.UAF")/O+'Y;@F(V!>J^>R+( M9Y`,:9#;(?O!R6\`DWR2T"_X(HMNRU+_^9>U([,57.T`IZA/DEF9J=$;?7N@ MNRAB9SM1^[XTM!,MM,NI[:F]5*:]NGKN%6*8YQ,[0=W6V/KH#51P)\3;=P\> MPSI8VQ0'>3ILA"G*RVG?OGXW'I>3TK_XQW7YOU.&,^(1=SN?VQR,NWN M=K/LS3*XXJ>+&S1>.R"8S&WY5!(4CRMQ]SS^0SZ':4Z'?IR^.<.?T;<=O'[S MYHV[2;+2*L'\>C;+LYRYJ-$*G1KB;Y;YO;'4!*SFT6L0& MLLGM/ZEE14]$"JPK8177URQB"[!1YD(*L"MJ%>DUH1YG9HA5)&P#[;+`E?1M MM__=(B91S1T)/)&HM<#^(8TI_;!J877"JC"\%\@YP%A2IN*):L2M6!`-:^G; M3.YY]37IVC_3TJ'J[(C,Q+!#H7W6>L@Q63KM!LL'HTH]WJ MTVM5*0:ZU:+?^E*-M*]'CT!`,<(^[FX-1#7JKKR5\[8T*^[2.$IOZ-=]^D3D M-"67=()3\5Q5LE:^<@KJQ,C]B_11=@1LHC+QT"I96WM2RMTHJT^.36CRU&1R MMC":>$J9G"V,>J\HEK*!C[V_CZ`'9 M,M)&FY,>H,U&N7C2)G["9(P+['J_H1\!N#RDX!38^95F$]S=0V)+658[@MT] M.FXG?L#&+SI.;E]U!:E!^[QY=;4'/FA%DQC899=EQ]-+\+"K+FL.K)Z&'^@"\;B;J@R[ML_&Z M(YI'X%L'YG5C%X]44'5T@\W6RE/UNF2\1RJHS]:Y1K`9O-_Y.M<)-JT;'[3S M;SLO2-W@P)WKXP7'*P[@N1Y><+ST2)YK`9O=Y4?U'#]L@E<=X',-8/-[YX2? MPX9-YZIS?ZX!;#9?NQS`(<.F:]FU`8X>-C'++A3P/4K8/"R^;,"QP^9LMK-"`LL8-,'[&R)Q@:FFLDP*]+[V:#/M'X76AE`2CO(`L%>M(^%V=<2 MS0;K<#HDI(&UM;R>/I#9(B:M2YW;V=B8F@W_8?;'U6^/V(^/OO>WJK\/NHRD M\\\^4/6CO6Y?.32#G/&QK:0$/%[VQ82_0]XVFZ]&GE3/*G@/LU'U`A2@QAR-T@) M=#1`*P:XZZ5N!>59&B_FR64X%S@,A:B=@K?/T7PQ/UO,%W&9YE;N^58UQ29/ M))O4%FY]%3-*.$Q8Z#UHZ' M]*IM\8M6VF?4-:*HWV5SK_ZBJY)2V#I:#3Y;[9GJ@HVZIZ<0M8Q4B"O6-$R'4G.^EH%G`"*$J_4[46EN&3HOV;+H,^T:-$&K: MF^FJ#"W-@"L"4A!5['MK`:1X?2]+%P>U((K7;Z@'D'+UFT29 MZRXT`%FZ9V@;X9CPAB5ZT*@P2P=+\7A3BF=HUC3(R]18<@?-`^\R8FD=<#?K M5-W8JAE';,I1/>>(3SKZOIKV;P_L$%A2'-;B\:X6#UH@ MU+4^N+T,+-Z#]ND[0V*U'^^J_:"%N5_+OFP\8GD@+`^D]GG0$OVP/-"!E@=" MVO(J,,1Z0N#K":%%X9E93TQ8@`@+$"'7(]=CQ:+F1Y&W%8O0SF"L:*C7`K#$ M$98X`E7B"!W6X00&G3!L;NBS_7R2/453$HQO`QUN\Y&V]9ADU]$\BL/L M,DWZ:J(;:T.7LW3^F"9T001E2AY?PBH5#(9813[NCUP^Q"KRX_[(Y4.L^$53 MO$Y1GDS_6D09F3&R+#-2*$D!ZN*VSTT?P>1JP,0G9%HOGM(LM+ M1E%A-1EC`_LE*4P>K43,78JU:9RN#$6<[_SW4$0>J$"HW&.JA7G8`J%\SR9: MZ4(8"%5[3/4RB&L@5.OIK8X\V(%0K:>W.O(("$)!'F-/K5'":3D>4R4,(R8( MA7I,55+@=UNCQU0!DU`+1/$>4X4DP5BG<`_$Q&/<)\3\+!E0`+G+`ZDU@U:( M.2)8G`;-#YKY#?)F+E:S07O">VY8_L;_\C?+]?_Q.9P_QF17IO=FW?26DXR6 ML_AF:\#RM+#$C7#`9XOU`1U*P-+SF!`!WEKXB`/K["LC.;@#,O*(&VT(F9[OXBQHOY,HO8N1HD>XL!SJD7,H1OF,C?)U,9VOXWAKAZZ3XVL+'L@SU^-SF M(AHQA\Y\G.\8;:8(MRX(=0@VA7\,H^#`IO#?PJ@KL"%\9KKM.@(0TPP&'>S@ MQ4O,3T5+<_Y9,*H:%A\9:4+=-,*45PT"@!C7((S3,=L5L5V1ZV(X) M)M-C(NQ!),*BF>%U`,R1Q1Q97W)DT5]Y'!;(7Z5I.J%XC-NT6I4>_J38BK1` MXP9IW';,R#;VOMFZZK%N=3'+XA6-`(!;F]TK&@$`MS;K5S3"/6Y]-K!H!)2< M2`/RZV.VSG?==JL@W$SB[=4"F6&\O5H@,X^W5LO/C&2,!_&.+B8KHQ$",4*\ M*.@^>6QH>-R)V<_>9S]7_:5OTB*,KTBQR.A3,C:ZTS`[ MH[*%R/C>"=M8E_.,EA.-^AO9Z'_YG/]WT*=USC\K05WK.8@LYZ$;FO,E/;B= M$LQF1C/TA.\P:]F[K&4T)-QTQ.QDS$[&[&3,3L8PSR]V@KJM@5G(&-8!WZ8X MR-,LS#;&;&-D;A@.""9S8U:QIUG%:$YXG+X5PV/V,$3\WF:E?"`2Y!GG57P@&NL197YRC'"BY! M?G=7P@&N-UI>5="0>XWFEQO7."Z[T6UWLGN'[2XOK)":X/6EP? M[.,:TYA*C:N2<(!+X^\K"0>X-/Z^DG"`2^/O*PD'N#3^OI)P@$OC[RL)![@T M_KZ2<(!+X^\K"0>X-/Z^DG"`2^/O*PG[N$1U:+H2#G!I_7W@Q-\'6G\?./'W M@=;?!T[\?:#U]X$3?Q]H_7W@Q-\'6G\?./'W@=;?!T[\?:#U]X$3?Q]H_7W@ MQ-^/M?Y^[+3.F,G&NG"CT?E=FDW`=VN@.2T6UA=_:W<20F&POBI4^Y<0:G]M M@#SHEO?R!/FX1MYA,^#(5P7P.GP''/F;&GF'$8$C7U7GZW`F<.3O5L3D%:U6 MV[4D6NWH\6FUZ\6CU;XPA^X5D59;QQRZ5TQ:[2YSZ%Y1:;4! MS:%[Q:75'C6'[A695MO8'+I7;%KM=///)*_8M-H,Y]"]8M-JOYQ#]XI-JRUU M#MTS-FV4;AY[QJ9!H_2Y9VP:K-AT[!F;!BLV'7O&IL&*3<>>L6FP8M.Q9VP: MK-CTV#,V#59L>NP9FP8K-CWVC$V#%9L>>\:FXQ6;'ALGT[FH6SOT>_)8QP\[ M'J"Q04A*&6:1,>QL@%:&-5^P@P&:C6NSP=(*;@AIJ)T*GD@6W@NL;E?]0MZW M[*Z:3VQ_GG4+`5;G#]L7^->^`*T/X#H?W%X(]C1`VSQD9AQ.!5SC'1%D.@#6 M-,@MDLV+YF%9W#V?,0ZO+"YZ)5\X'FOEJFOEPJU]CS;F?#5OSKD[*%0[N"WF M/16@]:&"KFJ+?+L"NA@D^.C`0`4)0^YX"+>4/EH7WE#"-HB[0;VG-HB;AX^G MU,'%X4O;=D^S-)QU#/B">I!G:9BY^4^YC9JPI^.P>CJ"56H[(]K)/1=+73`P MI#B(@'WM/5;/4]XE0"ELNTV&`7+(S3(4\-%ZX5GOONS$&MK/#)T1U*6D(YQ_ MD#`3%N26B[I$*BKU*1=UB%18C%X@CY+K&*]H1[G)> MS9E4[BV[^%OB0,^+1`O%VJAOKVN2&*.R\=[0E/^Y['=*5JSUE]<+. ME$=#PYL3!UO;Q;>$>A[V7D7YGY51G),BC.+?DO*-;6N+/XW8W:QJ"OI'-LNK M:II1-<_H>SW3WQL4LCCH4T;GWY*@+@MZG3F/9@9B00]N`ZO`(O MNP(/+C<>S0B_V/"N.["[[N"N[>+U<*^4T5T/QQ#O8+@)ZG;&<,H=@2MZ@&8S MV)-CK&ND.;7&ND;(V@-F;2Q@I"Y@!*Y"`1H3WES9`;OOH(*29X5^G.]&;%MI M:;M*1?M-'0>9'H4V M-MB3(2]R"D&F.J'1X!:LM\F#WF4P13G;N*%\VC:W\[`(E_LV/;KQBBSN`[.X M>AZQS;'91M_Y?/#M#MCM'TQF\B>9"2T.V-H>W&X'YC6A/1X:`P[G_BN\E":T M(-SPP*NPNLT6O`J+7(Y+DM:%%X8(B9RV`SES>/NK!+%Z9A#RP- M&ZQ2`+IT8;`./+2`&:QC"AN\%#:T*[Q*@=ELF,T&-IL-'93WQ(^);0>3V(;6 MZ$^.F]GYW16Y9Y_%85)V:(521L`^W'YT<:%\K? M=OO?+6*Z#+,L9,]&\?P4HM8^D1[2F/+W)T+RLU#2LU4FYP)C&B_FB3NCL8PR3VUZZD`?<_A(#0J'D0G M,X;#+&K0`'`Q+]OO3)*OBVSZ$.8D-W\W?7_&HH;T8Y30Z&ZVT9HS&PQ`&^5Z M4P]RL]HFR16)DB>2%V1V'CU%,_JMP4Y=UDYA]*IM\8M6XD$R(_.2$ZC?97.O M_D(0&:J$K:/5X+,5,5`7DMP3@Z>G$+6,5(G-JKV=3*?I(BF6C^0DS^DGK]24 MQ,).T!I@=!%C25R14,C*%\DC8=%Q8U=5R#9$XU&@O%MH,-M/M*V'I/L.II'<9A=IDE?371C;>AR MEM+H-Z$+(BC=`%_"*A4,AEA%/NZ/7#[$*O+C_LCE0ZSX15.\3E&>3/]:1/3K MX=,BF3&;HA[#!+/A,(O[3DJXKK#11_-[&+&O$AJR1O/;19:7C*+":C+&!O9+ M4I@\6HD8C*?+S@8F=S-OH1*R<@:5;4\HZP3KERAA7_H7Y4Y>6;R) M5('$R9S!,M!`^PL6]>*KX"8+9U4L1&//>92S&UORMZ$99=4&R&-&$7HU>@ZU^3S2?[Z\A155D89K1P"K,7FJ( MA"07R31>-*Y2"3X[^O^472^0%_3YSF[2*W(7DVE1W9B2>V/%")NX+]/B+*7S MQDLHS)3/%^0F;:\IN2(]?L(JKX3SQUA[O:,M9A_AZGP!A:O&>U6GUZ>0#'0K19F'D(T`@!NK><0C0"`6^M11"/22MG"6CZ7*OV-;)V*('2%[3[&X M2%AJX>R1FYY/\39E%X M&\51\3*YJU(RU07V^OR,90TG2;F?,LD^DURM1$O2,LZ3V:S,-@_CRKF7U:>4 M>"4C;.-^"J-X^9:_/E!R4F/N2CO$^SNYO8X*]B`SW>)0#;.LP=MDK6)=?D2EX>'99K7YS2<"9:O M?H25$^XD681QY?ZE49A0R#HZ150FD[.-\8*:`2[-MW)1S@>J/%]<8)+L%Y05?"`:YW6ESOG.!Z MK\7UW@FNG[2X?G*"ZX,6UP?[N,:O7VO\?27A`)?&WU<2#G!I_'TEX0"7QM]7 M$@YP:?Q])>$`E\;?5Q(.<&G\?27A`)?&WU<2#G!I_'TEX0"7QM]7$O9QB>X7 M="4#"PBY^ MTZ[NY2'EIS0K,5ZF15G0CLPNDE717)6:1L-M:,1.,F]2MO-;@?K,P':12\1L M/O,V!/'&MEK:)5YSK'9P_AK=/Y"\^.\%14"R^$7Y_I7"5L\%A4#4:T$UQCWV MOKCM8/Z'"I9F\]7B$.]-!1#G"/OB=KZ_0+UM2LH=ZW*R=G)ML%!N.$P M%QHTKNZDZ1JP#2Y MXYTGKQ_2;^J&N>J!+K1HE,7@:,J%(B@(TF.HDW75[RJK=(P+[/67?O79*;ZG MRC_2-OZVM3.KT^?7X]V[VEUIX]#OLNA'6-E9>Z*\<4_,+L[0"GJ!5.V&2,2^R25!&-N$O$YF"=X:3? M#!__6D1/84PC2W/0HF$V-+AYB++B16N#$C$'"!7V)I>TCU-B6T(A^^ATP"QC M,K$9I?`ZVAWWL"X[5Q_-USJ"&_;=E?<@M=1_>POL6;=):;OG-DC0@A:F2]R= M"U2@<'<[G"YA=^Y7P83=[7NZZC#M`_YK02_4I0:=&UN@-&@W2UV"[ESG@@A: MM%VYQ-^Y]@4*OZRWZA)\YVX8:/"-2(GS4N?S&Y0"/9NN;P=\]#CB&S=T=#:Z:)Z9O8/.UHA,O5P`V3^L[\W(] M8!.V69=>KHL7?"WLW*]&OMR ME6`3NUF37ZX+;(KOU>F7WWWQ@O@W:?#+%?0C,)`W_.5Z^!$8].CWRQ7S(DIH MMP+FX+T($,3]@;D*GL0"TG[!7`\OX@!Q$V&N@A?TWVHPS+'#YGEQ\V&.'3:O MBQL3\ZN?7A!XJVDQQ^X%-QLV+N8Z><'3^@[&7!V?V%G4T9CKX1-1BSH<J`S/7PB;(5^Z?O?*+O;C4&K@5L(N\T4>:9$+`Y7-5:F6L` MF\EUS9:Y%K"Y>ZTC,X<,FY]EO9HY>MBL+.OBS-'#YF)QAV>.'3;_MII`<]"P MR5;>')KCATVRPL[1'#IL9C5J(\WS]F"S[5JO:0X9-KVVNU%SU/#I=(45-H^: M]+'FFL#F5$UK:ZX$;&K=L*LU5PXV]\J[77/\L&E8W_V:ZP&;CM4=L;D.L'G9 ML#DV3TJ'S%A48Y=-CL M+2LZRM'#IF=%=42N`&Q^[G;WYKAA\W&W^S?'#9N#N]W!ZQHJL/FVVSZ\!@Z; M7+O]Q6O@L.FUVX"\!@Z;5;L=RFO@_M!HU<*\!NX/B58]SFO@_O!GU02]!NX/ M;U9=TFO@_A!GU4:]!NX/)KX/XP9]5.O@;N$W,V;F\%P"MY=1O2U\!] M8LZ@P9S`ZWAU6]K7P'UBSJ#!G,"K=[6`-Y@3>.VN%O`&(,Y@1?C6@<^;C`G\)I;_)A%<7TO`%YMBZL@O<,7`*^R=5IW MO&>]#J\).^@BLWZM#6M58;/O2M7RJ@?OX'B9%F6Q93*[2%:]*AI:P:;F=F_Z M9=.[&CUL?N;OI*W%VEE9`+PTETR)A@*P.5O]"5=;7%/#J7$I-&EK`IG#=O=H`>&FN-GYVP4A^NR@` M7IRKK4WC_N99612J$1L"K])5@KY,S\EL,660:'#("J#PBBDWX3-IOA?8=-Y^ M+[^Q>CP5EWQBI:SHQ^*ZZX+-[)WN].Q&7DR>PJ2X2>F;X?7Z&@K!YO>V0I.$ ME%\BD[N3.^J5J4K7#^FWIE>&3?1M?1JEQ[A"Y?++&AK!YOW.DI-?90V`5^=J MJU)OME1?_.(L"?YMW'L+`'@E+^G#$+U7OT()^0X4\.)=@H;B[;O*`?`27B(5 M!.WP@%?Q$FC1^EH#7KY+H$"KPDP`O'J73(/&@1OP&EX2#9KG^<`K>0DTN(Y* M>ES>XU]I`KRNET`3<3)"`+S(EZ#5_7H+^5H/V)PMU4-`%L"+>LE46<]\#("7 M]))IT5``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`GQ-MW?Q[#.WC;%@=YBFR$*EY/2O_C' M=7GP\N[#Z_?"N$8LXG8_9),3;'>WHF5OEL$5/UW"<%D<,LGEJ#X7(F[ MY]$@\CIGL^P`B:2V:=!A7'V2\_Y.2>_<'0X"Z2!Y)%!=NR&]VEV6@5;?\\&F79 MSUW4:(C.#7$W2W[?V.I"6')HM8@-9)/;?U+KBIZ(%%A7PBJNKUG$UF"C7(84 M8%?4*M)K0KW.S!"K2-@&VF6A+.G;;O^[14RBVCT2>")1:P'^0QI3"F)5Q^K$ M5V&8+Y!S@+&D3<43U8A;L2`:WM*WF=SS*F[2YRJ7M')V7-9G^+1(9ATJ4@QTJT6_]:4::5^/'H&`8H1]W-U: MBFK477DK9V]I5MRE<93>T*_[](G(:4HNZ02GXKFJ9*U\Y11L@^G^1?HH.P(V M49EX:)6LK3TIY6Z4U2?')C1Y:C(Y6QA-/*5,SA9&O5<42]G`Q]L;G"0S:8^` M-EJ3,99OYILL58VXS:=M`E=\4EUT)Y.SB='$-ZED;6+5^RBY MI&5;5SLG*!Y)6OY>!]B5O;=Q](!L&6FC74H/T&:C7#QI$S]A,L8%=KW?T(\` M7&92<`KL_(JS">[N(;&E[*L=P>X>';>306#C%QTGMZ^]@M2@?=Z\NMX#'[2B MV0SL\LVRX^DE>-C5FS4'UDL=8!=PEI]C+^'#KN'-R7U09?VV7C=6 M(Q749^M<(]@,WN]\G>L$F]:-#]KYMYT7I&YPX,[U\8+C%0?P7`\O.%YZ),^U M@,WN\J-ZCA\VP:L.\+D&L/F]<\+/8<.F<]6Y/]<`-INO70[@D&'3M>S:`$Y,\.,VV&2LN(K`%8#- MR&;7*K@NWG"R])(%UP0V,>LO77`]C*LP6>U^A$46L#$$=L=$@P-7U628%>O] M;.QG6L\++0THM1UD\6`O6M#"[(F)IH/U.1T3T\#:85Y/'\AL$9/6)<\M[6Q, M38?_,OOCZL='[-='WS>RK+\/NKRD\\]`4/6EO6Y[.42C+@>TM!VYR M,'D,VUAZT\82C08W__:&$]M58KM*D!T>L5TEAF_PF0CJ-@2VI<1P#="VPD&> M(!EAPO:3+NYF#:;]Y!"=#4Q&QC:3GK691-,9[''UYLR-[20AXO>VG23Z("_H MN_5ZY(WTI(+[-"%1`TD-8LA=)"70T0BM&>&NE[L5E&=IO)@GE^%!B_LA\W23YNLBF#V%.U(/J>GD+4,E(E-JOV=C*=IHND6#Z2DSPGA6`W0RGL!*T!1AREH%C!" MJ&:_$[76EJ'38C^;+L.^42.$6OAFNBK#20CE\#=0`T8A?#/@BH`41/7[WEH` M*7K?R]+%02V(HO<;Z@&DS/TF4>:Z"PU`EOP9XF8X)L5A:1\T+,SBP1(^7I7P M&:)%#?*B-9;J01/!.XXM?%B2!\;->U73ORQ,\G*7=TN#.UXWN&K*$9MS5$\Z MXK..OJ_F_=L/6P26/(`E-BE2#OJ@2AE<%8 MS[YL2&)9(2PKI/9[T!("L:S0@9850NKR+D#$.D3@ZQ"A5>%Y&A8NPL)%R/G> M>2>8G(^5CCRM=(2V!F=50[TV@*61L#02J-)(Z+0.*T#HO$5Y>1F%J.UZ2EK4 MD"LJ2<&C]<*UWGW8B26DJE),2F$[Q1:2\+XT,W9755T70B9I`V=SHY_M\Y/L M*9J28'P;Z'";C[2MQR2[CN91'&:7:=)7$]U8&[J=8`L^$P.Z6' M]'!=8:./YO3!#H0J/[W5 MD4=`$`KY&'MJC1).R_B8*F$8,4$H\&.JD@*_V]H^I@J8A%H@BOZ8*B0)QCH% M?R`F*>->(>9P`$MSOJ8'MW6" MY6_0#GUA/"QQXUV)&[0DW(+$,C98Q@;+V&`9&PST?*,GJ%L;6*H&`SO7EC/( M@RTL1Z,Y5,-R-,C=P^9N+#GC:50CD[>/F2%X'>B0VN$KY,:;`L?RT[4XW.;PVC$'CKS<;Z#M)DBW+H@U"_8%/XQ MC$(%F\)_"Z,>P8;PF>FVZP]`3$D8?,"#ES,QKQ6M#<3GQ3`OCF'N*IH9'N-C M?BK:C7N[P<,R-Y2$.:C4$"[3*S(C\TJKGZ:EHA*"6^^`V1S!S%4WT`'@2DUH]3VI%(\-M2\QWQ7Q7S'?%?%<,#P^5 MN:!NHV`J+(:#@(UJD,=KF"6+6;+(^/"=$TS&QP3:@TB@15/#ZP*86XNYM3[E MUJ+/\CP\D+].TQ1$\1BWZ;@J/?Q)S15I@08.UL#MF))M['VS?-5CW>IBEOTK M&@$`MS8K6#0"`&YMMK!HA'O<^BQBT0@HN90&!-C';)WOPNU60;@9R-NK!3(S M>7NU0&8L;ZV6GYG,&!/B/5Y,)'0?;+9T/*?T0('?W<#4Z/1I)P? M*1SZ,2AF3=NY_%.UM+Y)BS"^(L4BHT_)W/!.P^R,"A1)%V8I8Y8R,C@<)P23P3$; MV=-L9#0I/&['K&/,.H:8=8R^R4NZYX^@G%*>!2D1LYU#K$0+.6U8"!R-TKE1 M[G+Y[^D=&F9+U#;2 MX,,'07YK5\(!+D%^=E?"`:ZQ%E?GB,<*+D%>>%?"`:XW6ER=3$XKN`3YZ%T) M![C>:7&]R>X?M+B^LD)K@]:7!_LXQK3L$J-JY)P@$OC[RL)![@T M_KZ2<(!+X^\K"0>X-/Z^DG"`2^/O*PD'N#3^OI)P@$OC[RL)![@T_KZ2<(!+ MX^\K"?NX1/5KNA(.<&G]?>#$WP=:?Q\X\?>!UM\'3OQ]H/7W@1-_'VC]?>#$ MWP=:?Q\X\?>!UM\'3OQ]H/7W@1-_'VC]?>#$WX^U_G[LM#Z9R>:Z<*/1^=V: M38<1@2-?5?7K<"9PY.]6Q.05K5;;M1RZ5Z1:[>ARZ%[Q:;7IRZ%[ MQ:/5OC"'[A615EO''+I73%KM+G/H7E%IM0'-H7O%I=4>-8?N%9E6V]@\:FP8I-QYZQ:;!BT[%G;!JLV/38,S8-5FQZ[!F;!BLV/?:, M38,5FQY[QJ;C%9L>&R?6N:AQBW?EL=8?=DI`@X.3G#+,(F38$0$M#>O!8.<# M-!THIH,E%]P0TU`['#R1++P76-[.>HV\;]E>-:'8!OWK-`*L'B"V/?"O[0%: M(-"U/KC]$>R%@/9YZ`PYG(JYQKLDR'A`+&J0VR981E>S98-E=)'K77LFF%R/ MM775M77AULQ'.P.QHIT6MAW"M;Z4'%7M76^7<%=#!9\=6*@@H4A=TZ$ M6X(?+BHI@.T6#=HJ;AY%?PNS/J+BX39^?*S,Z)T\D3A_)C/T+ M*?*/S[_EM45?4#?R+(TWM_@MM_$3=H<<5G=(L$IM:44[N0ICJ8$&1A8'$[NO MOM6$/[F:$S@KJ4=(3S#Q)FPEK> M-IOXH$0&IO;J5(VT-!*,FYE4+BLJ[O3'?#G61( M8=2+E\4E0`$D4@TEF1ZM$"^P^I7W"SME'NW)G^M@AW0C:T_)P+"3[-'8\%+% M09>'\2T7GX?`5U'^9V47YZ0(H_BWI'QC6]OC3R-V=ZN:@_Z13?.JFF=4333Z M7D_U]V9U,`[Z]-'YMR6H^X1>)]VCJ8%9U(/;,,'L>C1$;S@/;\O+;LN#2ZM' M4\(O.+P6#_!:/+C[O7B/W"ME=/?(,=0[*'Z"NKTQG(I)X.HEH.D,^F092R-I M3K6Q-!*R]\#9&VL@J6L@@2MN@`:%MUO@%&'RK%:0\]V);8LU;5?L:+_)T>B9 M/*;ZU4N3)W2*9&SG/,MQ0DYU[J)&,W1LAKM9\/O&5CW1J@0\[G0$O#VT"8/H7F!HO8AGE1P<^KYB#3JM#.!GUJY$4^(L@4 M*30;.917VR9W'A;A3$X<6Z5=ZG-G1 MWA6Y9]_)85)J6UB`UDD]M_TF<1 M/1$IL*Z$55Q?LV@>9B^*'$R%J%6DUX2Z[9DA5I&P#;0?GQ]I?"A_V^U_MXCI M,LRHLZ7/1O'\%*+6/I4>TIAR^"="\K-0TB96)N<"8QHOYHG`2ZM%;2#]$CY' M\\7\;#%?Q.7;+/=:SRBH>S)Y(MGD[H[&,NI`'W/X2`T*AY$AS6&PRQJ MT`!P,2^;_$R2KXML^A#F)#=_-WU_QJ*&]*.49!F9;;3FS`8#T$:YWM2#W*RV M27)%HN2)Y`69G4=/T8Q^;[!CF+5C&;UJ6_RBE7B0S,B\Y`3J=]GMH-?AL10S4A23WQ.#I*40M(U5BLVIO)]-INDB*Y2,YR7-2"':EE<).T!I@ M=!%C25R14,C*%\DC8=%Q8W=7R#9$XU&@O%MH,-M/M*V'I/L.II'<9A=IDE?371C;>AREM+H-Z$+ M(BC=`%_"*A4,AEA%/NZ/7#[$*O+C_LCE0ZSX15.\3E&>3/]:1/3KX=,BF3&; MHA[#!+/A,(O[3DJXKK#11_-[&+&O$AJR1O/;19:7C*+":C+&!O9+4I@\6HD8 MC*?+S@8F=S-OH1*R<@:5;4\HZP3KERAA7_H7Y4Y>6>N)5('$R9S! M,M!`^PL6]>*KX"8+9U4L1&//>92SFUORMZ$99=4&R&-&$7HU>@ZU^3S2?[Z\A155D89K1P"K,7FJ(A"07R31> M-*Y3"3X[^O^472^0%_3YSF[2*W(7DVEQ1NV`*+RQ8H1-W)=I<9;2>>,E%&;* MYPMRD[;7E%R1'C]AE5?"^6.LO=[1%K./\/3E#Q+*/TR4PO;1]KB:HACAZBE+ MM_^5PO;1LNE?!SJ87,H1OF,C?)T,06OXWAKA>^L*7_#:!!^3IT>`.+ MUXQVJT\O3Z`8Z%8+,P\A&@$`M]9SB$8`P*WU**(1[G'K/8UHA'WQVQE"U\G].XK%1<*R"V?G MY)$N+OJK+_0OBJA82&[MF@RR9C6RN'_M'ZVA45SS:_^[+4QB)';F/Z7?5P]A M5IPDLT9EGS)A6$IB)F,LEW\SH3B-N&7$C4KE%W&\R,O()?^?,(O"VRB.BI?) M7962J:ZYU^=G+&LX21J)5J2EG&>S&9EQGD85\Z]K$:EQ"L981OW M4QC%R[?\]8&2DQIS5]HAWM_)[754L`>9Z1:':IAE#;Z&>7&>EN&U[MRJ[^:3FCANE:Q-K,N7N#P\+-.\/J?A3+!\]2.LG'`G MR2*,*_ ME7"`:ZS%U2DF:@678-^^*^$`UQLMKC=.<`G."[H2#G"]T^)ZYP37>RVN]TYP M_:3%]9,37!^TN#[8QS5^_5KC[RL)![@T_KZ2<(!+X^\K"0>X-/Z^DG"`2^/O M*PD'N#3^OI)P@$OC[RL)![@T_KZ2<(!+X^\K"0>X-/Z^DK"/2W2_H"OA`)?6 MWP=._'V@]?>!$W\?:/U]X,3?!UI_'SCQ]X'6WP=._'V@]?>!$W\?:/U]X,3? M!UI_'SCQ]X'6WP=._/U8Z^_'EOP]W]DTN:^ADK6)57]O0RYI$^<5"?,TN29L MKYC,J@+N$2OKQJJY9.G\8CXGLR@L2/SR-2-3PG;KOY(L2@47%G;QFW9U+P\I M/Z59B?$R+^Q]<=O!_#G] M9KPX5+(VGZ\0AWII*(8X1]X3M?7[!>IK5U#N6I63LY-M@X-PPV$N-&AIN=DMIB6Q4[3LF@VSP'T:OA7RD"STF2=6(:7+'6U%>/Z3? MU#UTU0-=:-$HB\'1E`M%4!"DQU`GZZK?55;I&!?8ZR_]ZK-3?$^5?Z1M_&UK M9U:GSZ_'NW>UN]+&H=]ET8^PLK/V1'GCGIA=CE/(NL*JNBJG%G>$6/*-(Y=T MA%.6X*T0=8E4=!0B%W6(5'A8*1=UA/0Z*OEB>7'3"'%[B"/DNHNIVA$V<#>2 MYZ[)$Z$SOU0M]F2N5SO`*6J%$S89XQ*[)%5$(^X2L3E89SCI-\/'OQ;14QC3 MR-(-':H$3,`4*%O.4V)90R#XZ'3#+F$QL1BF\CG;' MO:S+#M9'\[7.X(:]=^4]2"WUX=X">]9M4MKNO0T2M*"%Z1)WYP(5*-S=#J=+ MV)W[53!A=_N>KKI,^X#_6M`+=:E!Y\86*`W:S5*7H#O7N2""%FU7+O%WKGV! MPB_KK;H$W[D;!AI\(U+BO-3Y_`:E0,^FJUPIV&QKV'^5*P.;A3=LO!Y2IX0>_-YAP<.&PJ%W:0Y=!A$[6\LRS'#YN5E>UFN0K0 MV5C6AI;CA\VRYNUHN3ZP*;=/4UJN$6P^-NA1RQ6!SC$RQ6`S=/ZSKQ<#]B$;=:EE^OB M!5\+>_=R#6#S=O_>O5POV"QNUL>7ZP*;U,UZ^G)=8+-XK\:^7"78Q&[6Y)?K M`IOB>W7ZY7=?O"#^31K\<@7]"`SD#7^Y'GX$!CWZ_7+%O(@2VJV`.7@O`@1Q M?V"N@B>Q@+1?,-?#BSA`W$28J^`%_;<:#'/LL'E>W'R88X?-Z^+&Q/SJIQ<$ MWFI:S+%[POA$U*(.QUP/K]A:T/&8Z^$3 M6XLZ(',]?*)LQ?[I.Y_HNUN-@6L!F\@[391Y)@1L#E>U5N8:P&9R7;-EK@5L M[E[KR,PAP^9G6:]FCAXV*\NZ.'/TL+E8W.&98X?-OZTFT!PT;+*5-X?F^&&3 MK+!S-(<.FUF-VDCSO#W8;+O6:YI#ADVO[6[4'#5\.EUAA_YGK`IF-U1VRN`VQ>-FR.S9/283.S M6:-LK@MLRNYTTN:P87.VJK\VU\`/)I?WV^9ZP.9Q8:%1#ATV>\N*CG+TL.E9 M41V1*P";G[O=O3ENV'S<[?[-< MW9;V-7"?F#-H,"?PZETMX`WF!%Z[JP6\P9S`BW:U@#>8$WBIKA;P!G,"K]'5 M`MY@3N#%N-:!CQO,";SF%C]F45S?"X!7V^(J2._P!<"K;)W6'>]9K\-KP@ZZ MR*Q?:\-:5=CLNU*UO.K!.SA>ID59;)G,+I)5KXJ&5K"IN=V;?MGTKD8/FY_Y M.VEKL796%@`OS253HJ$`;,X6][%OKR38]%U?EA#JTEI/L`E=K4I##=CT_CG] MIE]4?M"[4)7U-06\.I=2DX86L"E<=Z\V`%Z:JXV?73"2WRX*@!?G:FO3N+]Y M5A:%:L2&P*MTE:`OTW,R6TP9)!H3IS`I;E+Z9GB]OH9"L/F]K=`D(>67R.3NY(YZ M9:K2]4/ZK>F581-]6Y]&Z3&N4+G\LH9&L'F_L^3D5UD#X-6YVJK4FRW5%[\X M2X)_&_?>`@!>R4OZ,$3OU:]00KX#!;QXEZ"A>/NN<@"\A)=(!4$[/.!5O`1: MM+[6@)?O$BC0JC`3`*_>)=.@<>`&O(:71(/F>3[P2EX"#:ZCDAZ7]_A7F@"O MZR701)R,$``O\B5H=;_>0K[6`S9G2_40D`7PHEXR5=8S'P/@);UD6C04@,W9 M`@5$K>UK;6`3^,U#E!4OAH=![-2<(J[X_.R5VXB(M\='14_;-@W)KN]+.1 M)&5-[NIOU[3_]NW;CU'9P3'_<9K.7Y6:LTX,])MSD9&5EN>D"*.8QA;AQ[AL MBY,OA_U7G-Y2U9Y_NSYG6T%+"\D>4U:)X31-9A]O/M6/)BK8W*_I_[WY,&): M\8GH?["Y7E63C:K91FRZT7<^X=]4:#GIJ)IU1)Y'=-X1FWA4SCRJIQZQN4=L M\K4U0C^@UYX._>^P2.OW^Y"1N_6ED9/IC_?ITZL9B5ZQNY3L#T?L#T>O@Z/C MX,?G?/:O]*_^<9Y.%PQF8Z^%_]7)`50+K!7 MJ^,+_6A6+?1UR^OQI)D=BM!SVT/+.Q#+^TSNP_AC0E5\D5A:1\*295532NUJ M_9\=6Y7D*7(K6L>ZM*$QVI`G-I1EU4+-LO8Z7=]P_D)"II#`CA1R.[*FGAB% M9J64=&AAVJ?J0S9=W!)F8$N)T;]1&3*Z*,@\'Q7I2N;?]VA[R_!V M97G7B_D\S%Y^2\J71&9K=M?'Y-X&S.26O]\RN.4DH^_U-`)K`V1FY4FJRKJ6 M`I:_N?;VM;A;LWO@"_FH-D"%X:T]Z_9GF!1_W^^RTFQ'7\KMF;V2V\`-S/E2 M'MS&QQH<5_L>R&\PS`\FOUG\G@3%9`K4??=$D+\@&-`@MS[V@Y/?"";Y)*$? MZD46W9:E__,O:T=H*[C:`4Y1GR2S,G.C-_KV0'=1P\YVG?9]B6@G6FB74]M# M>ZE,>W7UW!?$L,X'5H*Z;;'U41NH8$Z(M^\^.X9Q,+8A#O(4V`A3E)?3OGW] M;CPN)Z5_\8]K]F*/WWUX_4X8OXA%W.YO;'("[>YVL^S-,KCBIXL;,%XZ'IA, M;?ET$11O*W'W/,9#_H9E1H=^'+XYHY_1-QT$XP]O/D@9O2OB]D-WRZ-XY[L. M!OC%C[WG7K"8ZD_B&&G=M3^"1.ORG(,5,)',/HTHC...W>@SW-M/;VDO;ZD< MG6A6_,QN>9'9+S\4V8*L_C)-"KK0E]>[?ODA)_?L#X9&=I$\D"PJV+;;Z"[- M1JM(^N?1*,M^[J)&XW-B?+M9YOO&5A>HDD.K16P@F]S^DUI4]$2DP+H25G%] MS2*V^!IE+*0`NZ)6D5X3ZFEFAEA%PC;0+@M82=]V^]\M8A+5U)'`$XE:"^0? MTIC2#JL&5B>D"L-Y@9P#C"55*IZH1MR*!=$PEK[-Y)Y75Y,^5[FDE3/?LF[" MIT4RZ^#0/>4>0RU:G*C:D<3B1*(6D>:\IANK67EO`E@QPB;N*U;V<'+W\7E: M%D`L34R/73W*(OZ/S^'\,=;215O,/L+3%U95QA!G2]@^VAY4IQCAZBE+W;-2 MV#[:WZ/BX8K,R+Q$H'/1?<8Z6#'I"LT&JTWT9J,L7RCWF2I:L1M/FT3N"I9FUBUR\#J.^>3ZJ([F9Q-C":^ M225K$ZO>1\DE+=NZVCE!\4C2LO0ZP*[LO8VC!V3+2!MM3'J`-AOEXDF;^`F3 M,2ZPZ_V&?@3@\H^"4V#G5Y9-<'T(=O?HN)W0`1N_Z#BY?:45I`;M M\^;5E1[XH!5-8&"7598=3R_!PZZJK#FP7NH`N["R_!Q["1]V;>4>I]FJ:`^6^<:P6;P?N?K7"?8M&Y\T,Z_[;P@=8,#=ZZ/%QRO.(#G M>GC!\=(C>:X%;':7']5S_+`)7G6`SS6`S>^=$WX.&S:=J\[]N0:PV7SM<@"' M#)NN9=<&.'K8Q"R[4,#W*&'SL/BR`<<.FW--KAYP36"SKN8V`E<"-NFJ[BAP M#6#3;N<2`X<-FVMEUQLX>MB4J[KTP#6`3;GRRQ`"'[?! M)F/%502N`&Q&-KM6P77QAI.EERRX)K")67_I@NMA7&'):B>B@1=6P&8-V*42 MC0PKRF,S/25XT/TK!VY=@RSTZT6[5YB])P=N+EA7TPT!#:S-Y/7T@M:^$A M$+53@/8YFB_F9XOY(B[3SLH]W*K&U^2)9).[.VH%R?W7+)H*T/<<#D*CXD%T M:F(XS*(�`7\T?FWR;)UT4V?0ASDIN_F[X_8U%#7E)NHS5G-AB`-LKUIA[D M9K5-DBL2)4\D+\CL/'J*9I2HV/'.VG&/7K4M?M%*.XNZ9A/UNVSNU5]T55(* M6T>KP6>K75)=0%'W]!2BEI$JL5FUMY/I-%TDQ?*1G.0Y*02[%DIA)V@-,+J( ML22N2"CD+MG9['-'$1(Z/XTP5J)G9`BAION.%*L6&80B[[T4ZALG0J@!WTM! MLX`10I7XG:BUM@R=%M'9=!GVC1HAU)@WTU493D(H,[^!&C`*S)L!5P2D(*K* M]]8"2#'Y7I8N#FI!%)/?4`\@Y>,WB3+776@`LI3.4#;`,5$-2^:@,6&6#9;& M`5\:9RA6-,A+T5@"!\UB&\<]F+N)6.K&SLUX57.\+$SRR:K81 MFVY4SS?B$XZ^KZ;\&[C]`4MBP]HXWM7&0!Q730+GUE1*R^XUWU M';0LW$C$&Q/I8%J.TZ15K4D"L5 M2<&CQ<*RV'W8AB6DJA)'2F$[10R2\+XT+7995%UO029I`V=S@Y[MSY/L*9J2 M8'P;Z'";C[2MQR2[CN91'&:7:=)7$]U8&[JDYO=>3!#H3J.;W5D4=` M$`KD&'MJC1).R^.8*F$8,4$HG&.JD@*_VYHYI@J8A%H@BNF8*B0)QCJ%="`F M"./^(.958>T7M#X@UHHR:$=X;PW+T?A%9:<\:[DS""MR_DZ'MSV!Y:50=N#S&Q8 M.L:[TC%H/;AUN#^<6!X&R\.`K*B"Y6$PH/.(DJ!N56`)&`S@(&X]'.0A%)9Y MT1R`89D7Y.CA<326[YFU@/'WY@X29JLZ*3MX^9H;@=:!#RJ4WNKM+?_&%VFH]6$/ID?L+N4F/;I>=HG M&I[S)3ZX#0[,"$6S])0/,5G4\V11-"S<;L0\4LPCQ3Q2S"/%,-!WMH*Z+8(I MIACV`3.D01Z%8?8I9I\BL\-T2#"9'1-3#R(Q%OB3\BK2`HT:E%';,1_;V/MFSZK'NM7%+*M6-`(` M;FVVK6@$`-S:+%S1"/>X]=FYHA%0[=7"V3&[_9J M@1=3Q4`W.^E`>W`X+9Q6A^P/D-LXB]RR)&`\)-1,P6QFQA MS!;V6ID#RQ9&5H(4UF%6,/BLX*$:S"!/I3#[%[-_D:F1J9V?+H+B;:^S?-&, M!GT)%G(ZKA`X&J(30]SEDM_3 M^4'Y3*N'>1:6UP\%9P4B(>OH%)F],CG;&"^H49:/YYPN.C7,EJAMI,&'#X*\ MT:Z$`UR"O.>NA`-<8RVNSM&,%5R"?.NNA`-<;[2X.AF25G`)\KR[$@YPO=/B M>N<$UWLMKO=.$` ME\;?5Q(.<&G\?27A`)?&WU<2#G!I_'TEX0"7QM]7$@YP:?Q])>$`E\;?5Q+V M<8GJPG0E'.#2^OO`B;\/M/X^<.+O`ZV_#YSX^T#K[P,G_C[0^OO`B;\/M/X^ M<.+O`ZV_#YSX^T#K[P,G_C[0^OO`B;\?:_W]V&G=+Y,-=>%&H_.[,IN`[]8D M:? M25ZQ:;49SJ%[Q:;5?CF'[A6;5EOJ'+IG;-HHI3SVC$V#1BERS]@T6+'IV#,V M#59L.O:,38,5FXX]8]-@Q:9CS]@T6+'IL6=L&JS8]-@S-@U6;'KL&9L&*S8] M]HQ-QRLV/39.FG-17W:H]^.Q_AYV($`CPR)AV&E`"=Z'3@-#M:Y!UF[!C@)H M+OMP](,IE8"=`RP5]GDB67@OL+9=].UXW[*W:BZQW7G4M0-873YL)^!?.P&T M.D#K>W!['-AC`&WR$)EP.!5JC74X%8'RK#FX>*7,/LS*BYNT^?GRG[.R1.)TT6&O^,V/L+NB"D)YRZT4$I=(?6>ZN^TD(PDC7;RTC8GI:'FP+>\@ M+Y5ZD4\+._T<;0CV=:U#NC&UIR1;V`GK:&!X`>+@2JKXEM?.P]NK*/^S,HAS M4H11_%M2OK%M;/"G$;M65?T\_2.;X54UQ:B:8_2]GN7OGG4D#OK4T/FW(J@[ M?EXGL`_;O)POY,%M>F"F.AH?:&[#F^JRF^K@4M31?/"+#*^D`[F2#NZ.+=[E M]DH9W5UN#.F\YR2HVQ7#J3($KO;`L,UED">_6$Y(<^J,Y820I0?(TE@W2%TW M"%RA`#0BO''BMG"19_5UG.\V;%O@:+L"0?M-.D9OY!FEKUZ4/&E2)&,[EUB. M$W(*<1),"KW9YVRQRV;0WRA,>+W#Z0J4?#-A;<4G5#/@/KE'D>Y6Q# MAO)GV\S.PR)<[L<8-J<56=H'9FGU'&);8S.-OO.Y8-L;L-LZF%SD3W(16AJ0 M-3VX70S,,T([/!3&&\[]5'@I1F@Y`][(P*NJ>%45N1N(!X+)W9@N+$L7AI=K M@I:$!WZ8.0PN\(; M$)A4ADEE_&6$7"-M!^?'ZD<:#\;;?_W2*FRS"CSI8^&\7S4XA:^R1Z M2&/*VY\(R<]"22M3F9P+C&F\F"<"+ZT6M8'T2_@E,/"S%3%0%Y+<$X.G MIQ"UC%2)S:J]G4RGZ2(IEH_D),])(=A]5@H[06N`T46,)7%%0B$K7R2/A$7' MR?TR6I;'J7))-S@5L:I2V,YJ3,+[DRRZV@>Q6%VF29]-=&-M:'+64JCWX0NB*!T`WP)JU0P&&(5^;@_ M,HH*J\D8&]@O26'R:"5B,)XN.QN8W-V0;!XEH3AX MVNA'K)R`I%EQE\91>K/(DI2BD>[VRB6=X%1L_*IDG6"]$A\NB<4L>K-/:5HD M:4%R_2ZZ2-2FW^7[3]4^C0%@Q0B;N*_8-_ODKO'U;H)=/E?E#MY96TE4@42)W,&RT`#[2]8U(NO@ILLG%6Q M$(T]YU'.;FC)WX9FE%4;((\9R>E#/$V+AR]A7E#.*P.ZF6@KQ&R43?ST?^.P M(N7)'?TRS,ATD;&]>]5N4Z_!UK\4+LDWMB1.P_*8Y6->1'-*/KK/!NDHQ]\0 M>C5Z#;;Z/=%\OK^&%%61A6E&`ZLP>ZDA$I)<)--XT;A")?CLZ/]3=KU`7M#G M.[M)K\A=3*;%&;4#HO#&BA$V<5^FQ5E*YXV74)@IGR_(3=I>4W)%>OR$55X) MYX^Q]GI'6\P^PM.7/T@H_S!1"MM'V^-JBF*$JZA@VN$[ZTK?,%K$WQ,RH&5IZO3X0TL7C/:K3Z]/(%BH%LMS#R$ M:`0`W%K/(1H!`+?6HXA&N,>M]S2B$?9Q]]BP4XRPC_LL3G,:CAFC[LI;N:E1 ML`2.^Q=II-D1L(G*A&54LC:QUEO;9VDRI5]LF>181"=O*]]"F6EA]6VS"4W> MM$S.%D833R23LX51[W7$4K;P?4YS\B5-R(L86..?K:V\-)FQ4\H\NHO([+H( MBX5@6T,N:0MG^5BJ*B-LZT0,L2-D[RD6%PE+*YR=DT>ZN.BOOM"_**)B(;FU M:S+(FM7(XOZU?[2&1G'-K_WOMC")D=B9_Y1^7SV$67&2S!I5>LHD82F)F8RQ M7,+-A.(TXI81-ZJ'7\3Q(B\CE_Q_PBP*;Z,X*EXF=U5*IKIN7I^?L:SA)"GW M4R;99Y*KE6A)6L9Y,IN56>9A7#GWLKJ4$J]DA&W<3V$4+]_RUP=*3FK,76F' M>'\GM]=1P1YDIELT5\GGQ;4N-1/7C'*IH?7NG.K MOIM/:N*X5;(VL2Y?XO+PL$SS^IR&,\'RU8^P!UM\'3OQ]H/7W M@1-_'VC]?>#$WP=:?Q\X\?>!UM\'3OQ]H/7W@1-_'VC]?>#$WP=:?Q\X\?=C MK;\?6_+W?&?3Y+Z&2M8F5OV]#;FD39Q7),S3Y)JPO6(RJPJU1ZRL&ZOFDJ7S MB_F9-RG9^*U"?&=@NAB#>V%9+N\1KCM4.3E:^F^3% M?R\H`I+%+\KWKQ2V>BXH!*)>"ZHQ[K'WQ6T'\^?TF_'B4,G:?+Y"'.JEH1CB M''E/U-;O%ZBO74&Y:U5.SDZV#0["#8>YT*!Q=>>LK&P@B*),QMC`7LYXF9Z3 MV6):%CM-RZ+9/!^X;`7816\VRL6S_XUEE%>^^!.KOT"_8\0E;0S'N="AO-<1 MDZMG5F=/K\>[][5[DH;AWZ7 M13_"RL[:$^6->V)V.4XAZPJKZJJ<6MP18LDWCES2$4Y9@K="U"52T5&(7-0A M4N%AI5S4$=+KJ.2+Y<5-(\3M(8Z0ZRZF:D?8P-U(GKLF3X3._%+UUI.Y7NT` MIZ@53MADC$OLDE01C;A+Q.9@G>&DWPP?_UI$3V%,(TMST*)A-C2X>8BRXD5K M@Q(Q!P@5]B:7M(]38EM"(?OH=,`L8S*Q&:7P.MH=]ZPN.U4?S=U[NNHL[0/^ M:T$OU*4&G1M;H#1H-TM=@NY-&S5BY*K`9 M??OFJUQ/V+RO[,C*58`=!;2:MG+0L*E?TCY?K` MIMP^36FY1K#YV*!'+5<$-B\;M*SE.YFPV=J@@RU7!#9G:^'#9F[#+K=<&=A< MKD(.F\5-.N)R36"3N:19+@F;V#SM:(3+U<`-D_K._-R/6`3MEF77JZ+%WPM[-W+-8#-V_U[]W*] M8+.X61]?K@ML4C?KZO@1&/3H]\L5\R)*:+<"YN"]"!#$_8&Y"I[$`M)^P5P/+^(` M<1-AKH(7]-]J,,RQP^9Y*MI,;YOK`9O'A85&.738["TK.LK1PZ9G175$K@!L?NYV]^:X8?-Q MM_LWQPV;@[O=P>L:*K#YMML^O`8.FUR[_<5KX+#IM=N`O`8.FU6[':^#^,&?5#+X&[@]S5MWB:^#^ M,&?53KX&[A-S-FYO!<`K>74;TM?`?6+.H,&U M@#>8$WCMKA;P!G,"+]K5`MY@3N"ENEK`&\P)O$97"WB#.8$7XUH'/FXP)_": M6_R817%]+P!>;8NK(+W#%P"OLG5:=[QGO0ZO"3OH(K-^K0UK56&S[TK5\JH' M[^!XF19EL64RNTA6O2H:6L&FYG9O^F73NQH];'[F[Z2MQ=I960"\-)=,B88" ML#E;W,>^O9)@TW=]64*H2VL]P29TM2H--6#3^^?TFWY1^4'O0E76UQ3PZEQ* M31I:P*9PW;W:`'AIKC9^=L%(?KLH`%Z?B^_L7H\%9=\8J6LZ,?BNNN"S>R=[O3L M1EY,GL*DN$GIF^'U^AH*P>;WMD*3A)1?(I.[DSOJE:E*UP_IMZ97ADWT;7T: MI<>X0N7RRQH:P>;]SI*37V4-@%?G:JM2;[947_SB+`G^;=Q["P!X)2_IPQ"] M5[]""?D.%/#B78*&XNV[R@'P$EXB%03M\(!7\1)HT?I:`UZ^2Z!`J\),`+QZ METR#QH$;\!I>$@V:Y_G`*WD)-+B.2GI@U?UZ M"_E:#]B<+=5#0!;`BWK)5%G/?`R`E_22:=%0`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`G7?K0UD*F=6,\@MC/W@Y+=V23Y)Z%=W MD46W97G^_,O:,=<*KG:`4]0GR:S,KNB-OCW077RPL]VC?5_TV8D6VN74=LM> M*M->73WW]S"``TM%4+Z?%/'\;'PDA%+.)VSV*3-WRR-SY3H(! M?O%C[[FI*R;UDSA&`A\\@,19].WGYZ2R-Y2^7H1+/B M9W;WBLQ^^:'(%F3UEVE2T-6]O'3URP\YN6=_,+2LB^2!9%'!]L]&=VDV6@7* M/X]&6?9S%S5:G#V+V\W:WC>VN@24'%HM8@/9Y/:?U(RB)R(%UI6PBNMK%K%E MUR@4(078%;6*])I0]S(SQ"H2MH%V62)*^K;;_VX1DZAJC02>2-1:R/Z0QI1K M6+VM.N53&+@+Y!Q@+/E1\40UXE8LB`:L]&TF][Q^F?2YRB6MG-B6E0E8#_L. M#MU3[C'4HL6)Z@E)+$XD:A%ISJNFL:J0]R:`%2-LXKYBA04G=Q^?IV6)P=+$ M]-C5HRSB__@PC/'UA=5L,<;:$[:/M076*$:Z>LM0]*X7MH_T] M*AZNR(S,2P0Z%]UGK(,5DZ[0;+!Z-*/=ZM-K52D&NM6BW_I2C;2O1X]`0#'" M/NYN%4$UZJZ\E6.S-"ONTCA*;^C7??I$Y#0EEW2"4_%<5;)6OG(*E@YY_R)] ME!T!FZA,/+1*UM:>E'(WRNJ38Q.:/#69G"V,)IY2)F<+H]XKBJ5LX..%_4^2 MF;0Z?ANMR1C+]^%-EJI&W.;3-H&KDK6)5;L,K+YS/JDNNI/)V<1HXIM4LC:Q MZGV47-*RK:N=$Q2/)"W\K@/LRM[;.'I`MHRTT2BD!VBS42Z>M(F?,!GC`KO> M;^A'`"ZP*#@%=GX-V01W]Y#84L[3CF!WCX[;F1FP\8N.D]LW5D%JT#YO7MWC M@0]:T68%=N%BV?'T$CSLNL6:`^NE#K!+%\O/L9?P85L.U5[HH3X`K]MQ^J!+^VR\[BGF$?C6@7G=&L4C%50]T6"SM?)4 MO2ZZ[I$*ZK-UKA%L!N]WOLYU@DWKQ@?M_-O."U(W.'#G^GC!\8H#>*Z'%QPO M/9+G6L!F=_E1/<NFC0=M/<[7Z>"V%+`Y MXU!L"R8S81-&;YHP#M@Z!KGEMA^:+N$SN*G=@JTI:DR>23>[NZ-)/[K]FT52`ON=P$!H5#Z(S M#\-A%C5H`+B8/S*G-DF^+K+I0YB3W/S=]/T9BQKRPFT;K3FSP0"T4:XW]2`W MJVV27)$H>2)Y06;GT5,TH^S$#F?6#FOTJFWQBU::1M25D:C?97.O_J*KDE+8 M.EH-/EM-B>HRA;JGIQ"UC%2)S:J]G4RGZ2(IEH_D),]I%"4U);&P$[0&&%W$ M6!)7)!1REU)L]HVC"`F=GS`8*]$S,H10.7U'BE6+#$(I]5X*]8T3(51:[Z6@ M6<`(H1;[3M1:6X9.2]5LN@S[1HT0*KF;Z:H,)R$4<]]`#1AEW,V`*P)2$+7; M>VL!I&1[+TL7![4@2K9OJ`>0(NV;1)GK+C0`6;#FH'>],8L,"].@!>UMMV"8 MV3!8@`9-!^\Q8Z$9M`6\6=C"AP5E8-Q@5[65R\(D+W=B-[*LXW7+JB8:L9E& M]50C/M?H^VJVO\$:';"T,JQ`XUT%&C0W$`M[<)L-6+(&C=$K[L,:-][5N$%S MPFU`+(J#17&P*`X6Q<&0SU^.@KK=@55T,,0#83Z#/*["LCN:HS(LNX,LCBR. M=7I\K=.#1H7'[SM@>RSL`Q&_]X5]T#MY2OF=UR6OF:(0M5T-2(L:S=/Z8)G1!!&4B&E_"*A4,AEA%/NZ/ M7#[$*O+C_LCE0ZSX15.\3E&>3/]:1!F9,8HL\S"3F0EFPV%V"N?HX;K"1A_- M[V'$DO^S*Q+-;Q=97C**"JO)&!O8+TEA\F@E8NX2BTV#VJ-$DZ+T)@J81@Q02A/8ZJ2`K_;RC2F"IB$6B!*UI@J)`G&.N5J(.;IXJ8@ M)CUAA14T.5C[\,/,Q<"2+&AK>"D6:[B@\4`R'KQUYH:8 M;&EG;];M;/G;H^6/^V%8P#*=L+"+=X5=AF-2SA?OX/8QL'C+H`T.)H=A@1;O M"K2@R0QXXP^+L&`1%K43@Y;6A$58#K0("_(0[.T'++2"H1J8[82#/#?"8BJ: M,RLLIH)L/!`VQH(IGA9,0<,9V/$T%D7!HBB@BJ*@!P),W>LO1U[D029GN^2) M&B_D>B=BY&A^ELQOMPO=!L;3ES](F*FJF>CD[6-F"%X'.J1 M:_C>&N'K)+;:PL=RZ_3XW&;@&=&$SGR<[_)LI@BW+@C9]YO"/X:19K\I_+