0001193125-23-212431.txt : 20230814 0001193125-23-212431.hdr.sgml : 20230814 20230814164657 ACCESSION NUMBER: 0001193125-23-212431 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230814 DATE AS OF CHANGE: 20230814 EFFECTIVENESS DATE: 20230814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iSHARES TRUST CENTRAL INDEX KEY: 0001100663 IRS NUMBER: 943351276 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-92935 FILM NUMBER: 231171452 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 TRUST DATE OF NAME CHANGE: 19991213 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: 231171453 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 S000004251 iShares MSCI Mexico ETF C000011955 iShares MSCI Mexico ETF EWW 0000930667 S000004252 iShares MSCI Netherlands ETF C000011956 iShares MSCI Netherlands ETF EWN 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 S000004259 iShares MSCI Sweden ETF C000011963 iShares MSCI Sweden ETF EWD 0000930667 S000004260 iShares MSCI Switzerland ETF C000011964 iShares MSCI Switzerland ETF EWL 0000930667 S000004263 iShares MSCI Belgium ETF C000011967 iShares MSCI Belgium ETF EWK 0000930667 S000004265 iShares MSCI Canada ETF C000011969 iShares MSCI Canada ETF EWC 0000930667 S000004267 iShares MSCI France ETF C000011971 iShares MSCI France ETF EWQ 0000930667 S000004269 iShares MSCI Germany ETF C000011973 iShares MSCI Germany ETF EWG 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 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 0001100663 S000004337 iShares JPX-Nikkei 400 ETF C000012067 iShares JPX-Nikkei 400 ETF JPXN 0001100663 S000024426 iShares MSCI Peru and Global Exposure ETF C000072477 iShares MSCI Peru and Global Exposure ETF EPU 0001100663 S000028552 iShares MSCI China Small-Cap ETF C000087422 iShares MSCI China Small-Cap ETF ECNS 0001100663 S000028553 iShares MSCI Indonesia ETF C000087423 iShares MSCI Indonesia ETF EIDO 0001100663 S000028554 iShares MSCI New Zealand ETF C000087424 iShares MSCI New Zealand ETF ENZL 0001100663 S000028556 iShares MSCI Poland ETF C000087428 iShares MSCI Poland ETF EPOL 0001100663 S000028681 iShares MSCI Ireland ETF C000087779 iShares MSCI Ireland ETF EIRL 0001100663 S000028735 iShares MSCI Philippines ETF C000087875 iShares MSCI Philippines ETF EPHE 0001100663 S000035383 iShares MSCI Denmark ETF C000108733 iShares MSCI Denmark ETF EDEN 0001100663 S000035386 iShares MSCI Finland ETF C000108737 iShares MSCI Finland ETF EFNL 0001100663 S000035387 iShares MSCI Germany Small-Cap ETF C000108738 iShares MSCI Germany Small-Cap ETF EWGS 0001100663 S000035389 iShares MSCI Norway ETF C000108740 iShares MSCI Norway ETF ENOR 0001100663 S000035393 iShares MSCI United Kingdom Small-Cap ETF C000108744 iShares MSCI United Kingdom Small-Cap ETF EWUS 0001100663 S000046586 iShares MSCI United Kingdom ETF C000145378 iShares MSCI United Kingdom ETF EWU 0001100663 S000064903 iShares MSCI Japan Value ETF C000210083 iShares MSCI Japan Value ETF EWJV 0001100663 S000077112 iShares Environmentally Aware Real Estate ETF C000237280 iShares Environmentally Aware Real Estate ETF ERET 0001100663 S000079170 iShares Future Metaverse Tech and Communications ETF C000240080 iShares Future Metaverse Tech and Communications ETF IVRS 0001100663 S000079480 iShares Breakthrough Environmental Solutions ETF C000240517 iShares Breakthrough Environmental Solutions ETF ETEC 0001100663 S000080106 iShares Copper and Metals Mining ETF C000241778 iShares Copper and Metals Mining ETF ICOP 0001100663 S000080108 iShares Lithium Miners and Producers ETF C000241780 iShares Lithium Miners and Producers ETF ILIT 497 1 d539150d497.htm FORM 497 Form 497

iShares®

iShares, Inc.

iShares Trust

Supplement dated August 14, 2023 (the “Supplement”)

to the Prospectus (the “Prospectus”) and Statement of Additional Information (the “SAI”), as applicable, 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, the Prospectus and the SAI for each Fund.

Effective August 11, 2023, each Fund was added as a borrower to the syndicated line of credit for which the Bank of New York Mellon serves as administrative agent for itself and the other banks.

Effective immediately, each Fund’s Prospectus and SAI are amended as follows:

Change to the Funds’ “More Information About the Fund”

The following disclosure is added as the seventh paragraph of the section of the Prospectus for each Fund (except for the iShares Breakthrough Environmental Solutions ETF and iShares MSCI Peru and Global Exposure ETF) entitled “More Information About the Fund”:

The Fund may borrow as a temporary measure for extraordinary or emergency purposes, including to meet redemptions or to facilitate the settlement of securities or other transactions. The Fund does not intend to borrow money in order to leverage its portfolio.

The following disclosure is added as the third paragraph of the section of the Prospectus for the iShares Breakthrough Environmental Solutions ETF entitled “More Information About the Fund—Additional Information”:

The Fund may borrow as a temporary measure for extraordinary or emergency purposes, including to meet redemptions or to facilitate the settlement of securities or other transactions. The Fund does not intend to borrow money in order to leverage its portfolio.

The following disclosure is added as the eighth paragraph of the section of the Prospectus for the iShares MSCI Peru and Global Exposure ETF entitled “More Information About the Fund”:

The Fund may borrow as a temporary measure for extraordinary or emergency purposes, including to meet redemptions or to facilitate the settlement of securities or other transactions. The Fund does not intend to borrow money in order to leverage its portfolio.

Change to the Funds’ “A Further Discussion of Other Risks”

The following disclosure is added to the section entitled “A Further Discussion of Other Risks” in the Prospectus for each Fund:

Borrowing Risk. Borrowing may exaggerate changes in the NAV of Fund shares and in the return on the Fund’s portfolio. Borrowing will cost the Fund interest

expense and other fees. The costs of borrowing may reduce the Fund’s return. Borrowing may also cause the Fund to liquidate positions when it may not be advantageous to do so to satisfy its obligations.

Change to the Funds’ “Investment Strategies and Risks”

The first paragraph in the section entitled “Borrowing” in the SAI for the Funds listed in Appendix A is deleted in its entirety and replaced with the following:

Each Fund may borrow for temporary or emergency purposes, including to meet payments due from redemptions or to facilitate the settlement of securities or other transactions. The iShares MSCI Denmark ETF, iShares MSCI Finland ETF, iShares MSCI Germany Small-Cap ETF, iShares MSCI Indonesia ETF, iShares MSCI Ireland ETF, iShares MSCI Japan Value ETF, iShares MSCI New Zealand ETF, iShares MSCI Norway ETF, iShares MSCI Philippines ETF, iShares MSCI Poland ETF, iShares MSCI United Kingdom ETF and iShares MSCI United Kingdom Small-Cap ETF, along with certain other iShares funds, have entered into a syndicated line of credit with the Bank of New York Mellon (“BNY”), which serves as administrative agent for itself and the other banks. The syndicated line of credit may be used for temporary or emergency purposes, including redemption, settlement of trades and rebalancing of portfolio holdings.

Interest rates related to the syndicated line of credit are based on the Secured Overnight Financing Rate (“SOFR”) published by the Federal Reserve Bank of New York plus a spread. Pursuant to the terms of the credit agreement, if SOFR were to cease being published or representative, it would be replaced by a rate based on an alternate benchmark selected by BNY.

The first paragraph in the section entitled “Borrowing” in the SAI for the Funds listed in Appendix B is deleted in its entirety and replaced with the following:

Each Fund may borrow for temporary or emergency purposes, including to meet payments due from redemptions or to facilitate the settlement of securities or other transactions. The iShares MSCI Australia ETF, iShares MSCI Austria ETF, iShares MSCI Belgium ETF, iShares MSCI Canada ETF, iShares MSCI France ETF, iShares MSCI Germany ETF, iShares MSCI Hong Kong ETF, iShares MSCI Israel ETF, iShares MSCI Italy ETF, iShares MSCI Japan ETF, iShares MSCI Japan Small-Cap ETF, iShares MSCI Mexico ETF, iShares MSCI Netherlands ETF, iShares MSCI Singapore ETF, iShares MSCI South Africa ETF, iShares MSCI Spain ETF, iShares MSCI Sweden ETF, iShares MSCI Switzerland ETF, iShares MSCI Thailand ETF and iShares MSCI Turkey ETF, along with certain other iShares funds, have entered into a syndicated line of credit with the Bank of New York Mellon (“BNY”), which serves as administrative agent for itself and the other banks. The syndicated line of credit may be used for temporary or emergency purposes, including redemption, settlement of trades and rebalancing of portfolio holdings.

Interest rates related to the syndicated line of credit are based on the Secured Overnight Financing Rate (“SOFR”) published by the Federal Reserve Bank of New York plus a spread. Pursuant to the terms of the credit agreement, if SOFR were to cease being published or representative, it would be replaced by a rate based on an alternate benchmark selected by BNY.

The first paragraph in the section entitled “Borrowing” in the SAI for each of the iShares Breakthrough Environmental Solutions ETF, iShares Copper and Metals Mining ETF, iShares Environmentally Aware Real Estate ETF and iShares Lithium Miners and Producers ETF is deleted in its entirety and replaced with the following:

The Fund may borrow for temporary or emergency purposes, including to meet payments due from redemptions or to facilitate the settlement of securities or other transactions. The Fund, along with certain other iShares funds, has entered into a syndicated line of credit with the Bank of New York Mellon (“BNY”), which serves as administrative agent for itself and the other banks. The syndicated line of credit may be used for temporary or emergency purposes, including redemption, settlement of trades and rebalancing of portfolio holdings.

Interest rates related to the syndicated line of credit are based on the Secured Overnight Financing Rate (“SOFR”) published by the Federal Reserve Bank of New York plus a spread. Pursuant to the terms of the credit agreement, if SOFR were to cease being published or representative, it would be replaced by a rate based on an alternate benchmark selected by BNY.

The first paragraph in the section entitled “Borrowing” in the SAI for each of the iShares Future Metaverse Tech and Communications ETF, iShares JPX-Nikkei 400 ETF, iShares MSCI China Small-Cap ETF and iShares MSCI Peru and Global Exposure ETF is amended to add the name of each such fund to the list in the second sentence.

Supplement to the Prospectus and the Statement of Additional Information each dated as of August 1, 2023:

 

iShares JPX-Nikkei 400 ETF

iShares Future Metaverse Tech and Communications ETF

 

 

Supplement to the Prospectus dated as of December 29, 2022, and to the Statement of Additional Information dated as of December 29, 2022 (as revised June 30, 2023):

iShares MSCI China Small-Cap ETF

Supplement to the Prospectus dated as of December 29, 2022 (as revised April 10, 2023), and to the Statement of Additional Information dated as of December 29, 2022 (as revised June 30, 2023):

iShares MSCI Peru and Global Exposure ETF

Supplement to the Prospectus dated as of March 14, 2023 (as revised March 24, 2023), and to the Statement of Additional Information dated as of March 14, 2023 (as revised June 6, 2023):

iShares Breakthrough Environmental Solutions ETF

Supplement to the Prospectus and the Statement of Additional Information each dated as of September 22, 2022 (as revised July 14, 2023):

iShares Environmentally Aware Real Estate ETF

Supplement to the Prospectus and the Statement of Additional Information each dated as of May 30, 2023:

 

iShares Copper and Metals Mining ETF

iShares Lithium Miners and Producers ETF

 

 

Appendix A

Supplement to the Prospectus dated as of December 29, 2022, and to the Statement of Additional Information dated as of December 29, 2022 (as revised June 22, 2023):

 

iShares MSCI Denmark ETF

iShares MSCI Finland ETF

iShares MSCI Germany Small-Cap ETF

iShares MSCI Indonesia ETF

iShares MSCI Ireland ETF

iShares MSCI Japan Value ETF

iShares MSCI New Zealand ETF

iShares MSCI Norway ETF

iShares MSCI Philippines ETF

iShares MSCI Poland ETF

iShares MSCI United Kingdom ETF

iShares MSCI United Kingdom Small-Cap ETF

 

 

Appendix B

Supplement to the Prospectus dated as of December 29, 2022, and to the Statement of Additional Information dated as of December 29, 2022 (as revised June 6, 2023):

 

iShares MSCI Australia ETF

iShares MSCI Austria ETF

iShares MSCI Belgium ETF

iShares MSCI Canada ETF

iShares MSCI France ETF

iShares MSCI Germany ETF

iShares MSCI Hong Kong ETF

iShares MSCI Israel ETF

iShares MSCI Italy ETF

iShares MSCI Japan ETF

iShares MSCI Japan Small-Cap ETF

iShares MSCI Mexico ETF

iShares MSCI Netherlands ETF

iShares MSCI Singapore ETF

iShares MSCI South Africa ETF

iShares MSCI Spain ETF

iShares MSCI Sweden ETF

iShares MSCI Switzerland ETF

iShares MSCI Thailand ETF

iShares MSCI Turkey 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-LOC-JL-0823

 

 

PLEASE RETAIN THIS SUPPLEMENT

FOR FUTURE REFERENCE