iShares®
iShares, Inc.
iShares Trust
Supplement dated January 15, 2021 (the Supplement)
to the Statement of Additional Information (SAI)
for each of the Funds listed below (each, a Fund)
The information in this Supplement updates information in, and should be read in conjunction with, each Funds SAI.
The Fund expects to implement certain changes to the process of determining the Funds execution performance guarantee no sooner than March 1, 2021, but no later than May 3, 2021.
Change in each Funds Brokerage Transactions
The second- and third-to-last paragraphs of the section entitled Brokerage Transactions in the SAI shall be deleted in their entirety and replaced with the following:
To ensure that an Execution Performance Guarantee will be honored on orders arising from creation transactions executed by an Authorized Participant (or an affiliated or unaffiliated broker-dealer), an Authorized Participant is required to deposit an amount with the Fund (the Execution Performance Deposit). If the broker-dealer executing the order achieves executions in market transactions at a price equal to or more favorable than the Funds valuation of the Deposit Securities, then the Authorized Participant generally may retain the benefit of the favorable executions, and the Fund will return to the Authorized Participant the Execution Performance Deposit. If, however, the broker-dealer executing the order is unable to achieve executions in market transactions at a price at least equal to the Funds valuation of the securities, the Fund retains the portion of the Execution Performance Deposit equal to the full amount of the execution shortfall (including any taxes, brokerage commissions or other costs) and may require the Authorized Participant to deposit any additional amount required to cover the full amount of the actual Execution Performance Guarantee
To ensure that an Execution Performance Guarantee will be honored for brokerage orders arising from redemption transactions executed by an Authorized Participant (or an affiliated or unaffiliated broker-dealer) as broker-dealer, an Authorized Participant agrees to pay the shortfall amount (the Execution Performance Offset). If the broker-dealer executing the order achieves executions in market transactions at a price equal to or more favorable than the Funds valuation of the Fund Securities, then the Authorized Participant generally may retain the benefit of the favorable executions and the Authorized Participant is not called upon to honor the Execution Performance Offset. If, however, the broker-dealer is unable to achieve executions in market transactions at a price at least equal to the Funds valuation of the securities, the Fund will be entitled to the portion of the Execution Performance Offset equal to the full amount of the execution shortfall (including any taxes, brokerage commissions or other costs).
iShares Funds
Supplement to the Statement of Additional Information dated as of July 31, 2020 (as revised January 14, 2021):
iShares Asia 50 ETF
iShares Emerging Markets Infrastructure ETF
iShares Global Healthcare ETF
iShares Global Materials ETF
iShares Global Tech ETF
iShares Global Timber & Forestry ETF
iShares India 50 ETF
iShares International Dividend Growth ETF
iShares Latin America 40 ETF
Supplement to the Statement of Additional Information dated as of September 1, 2020 (as revised January 14, 2021):
iShares Emerging Markets Dividend ETF
iShares Global REIT ETF
Supplement to the Statement of Additional Information dated as of September 22, 2020 (as revised January 14, 2021):
iShares Virtual Work and Life Multisector ETF
Supplement to the Statement of Additional Information dated as of December 1, 2020 (as revised January 14, 2021):
iShares Core MSCI EAFE ETF
iShares Core MSCI International Developed Markets ETF
iShares Core MSCI Total International Stock ETF
iShares Cybersecurity and Tech ETF
iShares Exponential Technologies ETF
iShares Genomics Immunology and Healthcare ETF
iShares MSCI ACWI ETF
iShares MSCI ACWI ex U.S. ETF
iShares MSCI ACWI Low Carbon Target ETF
iShares MSCI All Country Asia ex Japan ETF
iShares MSCI China A ETF
iShares MSCI Global Multifactor ETF
iShares Robotics and Artificial Intelligence Multisector ETF
iShares Self-Driving EV and Tech ETF
Supplement to the Statement of Additional Information dated as of December 30, 2020 (as revised January 14, 2021):
iShares Core MSCI Emerging Markets ETF
iShares ESG Advanced MSCI EM ETF
iShares ESG Aware MSCI EM ETF
iShares ESG MSCI EM Leaders ETF
iShares MSCI Argentina and Global Exposure ETF
iShares MSCI Brazil ETF
iShares MSCI Brazil Small-Cap ETF
iShares MSCI BRIC ETF
iShares MSCI Chile ETF
iShares MSCI China ETF
iShares MSCI China Small-Cap ETF
iShares MSCI Colombia ETF
iShares MSCI Emerging Markets Asia ETF
iShares MSCI Emerging Markets ETF
iShares MSCI Emerging Markets ex China ETF
iShares MSCI Emerging Markets Min Vol Factor ETF
iShares MSCI Emerging Markets Multifactor ETF
iShares MSCI Emerging Markets Small-Cap ETF
iShares MSCI Frontier 100 ETF
iShares MSCI Global Agriculture Producers ETF
iShares MSCI Global Energy Producers ETF
iShares MSCI Global Gold Miners ETF
iShares MSCI Global Impact ETF
iShares MSCI Global Metals & Mining Producers ETF
iShares MSCI Global Min Vol Factor ETF
iShares MSCI Global Silver and Metals Miners ETF
iShares MSCI India ETF
iShares MSCI India Small-Cap ETF
iShares MSCI Kuwait ETF
iShares MSCI Malaysia ETF
iShares MSCI Peru ETF
iShares MSCI Qatar ETF
iShares MSCI Saudi Arabia ETF
iShares MSCI South Korea ETF
iShares MSCI Taiwan ETF
iShares MSCI UAE ETF
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-EO-0121 |
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