0001193125-20-279995.txt : 20201028 0001193125-20-279995.hdr.sgml : 20201028 20201028171753 ACCESSION NUMBER: 0001193125-20-279995 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20201028 DATE AS OF CHANGE: 20201028 EFFECTIVENESS DATE: 20201028 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: 201269600 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: 20070126 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 0000930667 S000004246 iShares MSCI Australia ETF C000011950 iShares MSCI Australia ETF EWA 0000930667 S000004247 iShares MSCI Hong Kong ETF C000011951 iShares MSCI Hong Kong ETF EWH 0000930667 S000004248 iShares MSCI Italy ETF C000011952 iShares MSCI Italy ETF EWI 0000930667 S000004249 iShares MSCI Japan ETF C000011953 iShares MSCI Japan ETF EWJ 0000930667 S000004250 iShares MSCI Malaysia ETF C000011954 iShares MSCI Malaysia ETF EWM 0000930667 S000004251 iShares MSCI Mexico ETF C000011955 iShares MSCI Mexico ETF EWW 0000930667 S000004252 iShares MSCI Netherlands ETF C000011956 iShares MSCI Netherlands ETF EWN 0000930667 S000004253 iShares MSCI Pacific ex Japan ETF C000011957 iShares MSCI Pacific ex Japan ETF EPP 0000930667 S000004254 iShares MSCI Singapore ETF C000011958 iShares MSCI Singapore ETF EWS 0000930667 S000004255 iShares MSCI South Africa ETF C000011959 iShares MSCI South Africa ETF EZA 0000930667 S000004256 iShares MSCI Spain ETF C000011960 iShares MSCI Spain ETF EWP 0000930667 S000004257 iShares MSCI Austria ETF C000011961 iShares MSCI Austria ETF EWO 0000930667 S000004258 iShares MSCI South Korea ETF C000011962 iShares MSCI South Korea ETF EWY 0000930667 S000004259 iShares MSCI Sweden ETF C000011963 iShares MSCI Sweden ETF EWD 0000930667 S000004260 iShares MSCI Switzerland ETF C000011964 iShares MSCI Switzerland ETF EWL 0000930667 S000004261 iShares MSCI Taiwan ETF C000011965 iShares MSCI Taiwan ETF EWT 0000930667 S000004263 iShares MSCI Belgium ETF C000011967 iShares MSCI Belgium ETF EWK 0000930667 S000004264 iShares MSCI Brazil ETF C000011968 iShares MSCI Brazil ETF EWZ 0000930667 S000004265 iShares MSCI Canada ETF C000011969 iShares MSCI Canada ETF EWC 0000930667 S000004266 iShares MSCI Emerging Markets ETF C000011970 iShares MSCI Emerging Markets ETF EEM 0000930667 S000004267 iShares MSCI France ETF C000011971 iShares MSCI France ETF EWQ 0000930667 S000004268 iShares MSCI Eurozone ETF C000011972 iShares MSCI Eurozone ETF EZU 0000930667 S000004269 iShares MSCI Germany ETF C000011973 iShares MSCI Germany ETF EWG 0000930667 S000018069 iShares MSCI BRIC ETF C000050065 iShares MSCI BRIC ETF BKF 0000930667 S000018070 iShares MSCI Chile ETF C000050066 iShares MSCI Chile ETF ECH 0000930667 S000018072 iShares MSCI Thailand ETF C000050068 iShares MSCI Thailand ETF THD 0000930667 S000018073 iShares MSCI Turkey ETF C000050069 iShares MSCI Turkey ETF TUR 0000930667 S000019125 iShares MSCI Emerging Markets Small-Cap ETF C000052897 iShares MSCI Emerging Markets Small-Cap ETF EEMS 0000930667 S000019126 iShares MSCI Japan Small-Cap ETF C000052898 iShares MSCI Japan Small-Cap ETF SCJ 0000930667 S000021462 iShares MSCI Israel ETF C000061365 iShares MSCI Israel ETF EIS 0000930667 S000028709 iShares MSCI USA Equal Weighted ETF C000087836 iShares MSCI USA Equal Weighted ETF EUSA 0000930667 S000032497 iShares MSCI Emerging Markets Min Vol Factor ETF C000100212 iShares MSCI Emerging Markets Min Vol Factor ETF EEMV 0000930667 S000032498 iShares MSCI Global Min Vol Factor ETF C000100213 iShares MSCI Global Min Vol Factor ETF ACWV 0000930667 S000033806 iShares J.P. Morgan EM Local Currency Bond ETF C000104446 iShares J.P. Morgan EM Local Currency Bond ETF LEMB 0000930667 S000034697 iShares MSCI Emerging Markets Asia ETF C000106873 iShares MSCI Emerging Markets Asia ETF EEMA 0000930667 S000035395 iShares MSCI World ETF C000108746 iShares MSCI World ETF URTH 0000930667 S000035880 iShares MSCI Global Silver and Metals Miners ETF C000109983 iShares MSCI Global Silver and Metals 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 S000035998 iShares Asia/Pacific Dividend ETF C000110325 iShares Asia/Pacific Dividend ETF DVYA 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 J.P. Morgan EM Corporate Bond ETF C000112502 iShares J.P. Morgan EM Corporate Bond ETF CEMB 0000930667 S000036777 iShares J.P. Morgan EM High Yield Bond ETF C000112503 iShares J.P. Morgan EM High Yield Bond ETF EMHY 0000930667 S000036906 iShares US & Intl High Yield Corp Bond ETF C000112949 iShares US & Intl High Yield Corp Bond ETF GHYG 0000930667 S000036907 iShares International High Yield Bond ETF C000112950 iShares International High Yield Bond ETF HYXU 0000930667 S000038923 iShares Core MSCI Emerging Markets ETF C000119708 iShares Core MSCI Emerging Markets ETF IEMG 0000930667 S000040976 iShares MSCI Colombia ETF C000127144 iShares MSCI Colombia 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 ETF C000147985 iShares MSCI Russia ETF ERUS 0000930667 S000049021 iShares MSCI Emerging Markets Multifactor ETF C000154544 iShares MSCI Emerging Markets Multifactor ETF EMGF 0000930667 S000054183 iShares ESG Aware MSCI EM ETF C000170244 iShares ESG Aware MSCI EM ETF ESGE 0000930667 S000057835 iShares MSCI Emerging Markets ex China ETF C000186806 iShares MSCI Emerging Markets ex China ETF EMXC 497 1 d70208d497.htm FORM 497 Form 497

iShares®

iShares Trust

iShares U.S. ETF Trust

iShares, Inc.

Supplement dated October 28, 2020 (the “Supplement”)

to the Statement of Additional Information (the “SAI”)

for each series of iShares Trust, iShares U.S. ETF Trust and iShares, Inc.

(each, a “Fund”)

The information in this Supplement updates information in, and should be read in conjunction with, each Fund’s SAI.

Effective immediately, each Fund’s SAI is amended as follows:

Change in each Fund’s “General Considerations and Risks”

The section of each Fund’s SAI entitled “General Considerations and Risks” is amended to add the following:

LIBOR Risk. A Fund may be exposed to financial instruments that are tied to the London Interbank Offered Rate (“LIBOR”) to determine payment obligations, financing terms, hedging strategies or investment value. A Fund’s investments may pay interest at floating rates based on LIBOR or may be subject to interest caps or floors based on LIBOR. A Fund may also obtain financing at floating rates based on LIBOR. Derivative instruments utilized by a Fund may also reference LIBOR.

In 2017, the head of the United Kingdom’s Financial Conduct Authority announced a desire to phase out the use of LIBOR by the end of 2021, and it is expected that LIBOR will cease to be published after that time. A Fund may have investments linked to other interbank offered rates, such as the Euro Overnight Index Average (“EONIA”), which may also cease to be published. Various financial industry groups have begun planning for the transition away from LIBOR, but there are challenges to converting certain securities and transactions to a new reference rate (e.g., the Secured Overnight Financing Rate (“SOFR”), which is intended to replace the U.S. dollar LIBOR).

Neither the effect of the LIBOR transition process nor its ultimate success can yet be known. The transition process might lead to increased volatility and illiquidity in markets for, and reduce the effectiveness of new hedges placed against, instruments whose terms currently include LIBOR. While some existing LIBOR-based instruments may contemplate a scenario where LIBOR is no longer available by providing for an alternative rate-setting methodology, there may be significant uncertainty regarding the effectiveness of any such alternative methodologies to replicate LIBOR. Not all existing LIBOR-based instruments may have alternative rate-setting provisions and there remains uncertainty regarding the willingness and ability of issuers to add alternative rate-setting provisions in certain existing instruments. In addition, a liquid market for newly-issued instruments that use a reference rate other than LIBOR still may be developing. There may also be challenges for a Fund to enter into hedging transactions against such newly-issued instruments until a market for such hedging transactions develops. All of the aforementioned may adversely affect a Fund’s performance or NAV.

If you have any questions, please call 1-800-iShares (1-800-474-2737).

 

iShares® is a registered trademark of BlackRock Fund Advisors and its affiliates.

   
IS-A-ALLSAI-1020

 

 

 

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