iShares MSCI USA Leaders UCITS ETFIndex, costs, backtest, listings and taxation

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The Share Class is a share class of a Fund which aims to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the MSCI USA Advanced Selection Index, the Fund’s benchmark index (“Index”). The Share Class, via the Fund, is passively managed and aims to invest in equity securities (e.g. shares) that, so far as possible and practicable, make up the Index. The Index measures the performance of a sub-set of equity securities within the MSCI USA Index (Parent Index) which are issued by large and mid-capitalisation companies within the United States with higher ESG performance than other sector peers within the Parent Index, and excludes issuers from the Parent Index based on the index provider’s exclusionary and rating based criteria. Companies involved in certain business lines/ activities are excluded, as outlined in the Fund’s Prospectus. The remaining companies are rated by the index provider based on their ability to manage their ESG risks and opportunities and are given a MSCI ESG rating (“MSCI ESG Rating”) which determines their eligibility for inclusion. Companies which are identified by MSCI as being involved in controversies that have an ESG impact on their operations and/or products and services are excluded based on an MSCI ESG controversy score (“MSCI ESG Controversy Score”). The Index targets 50% cumulative coverage of the free float adjusted market capitalisation of each Global Industry Classification Standard (“GICS”) sector within the Parent Index (“Target Representation”). Companies are ranked and selected for sector inclusion based on criteria such as MSCI ESG Rating, current index membership, industry-adjusted ESG scores, and market capitalisation, to meet the Target Representation. The Index seeks to include companies contributing positively to the environment or society, or those with carbon emissions reduction targets(s) approved by the Science Based Targets initiative (SBTi). The Index rebalances on an annual basis with quarterly reweights. Companies may be removed from the Index between rebalances due to their MSCI ESG Controversy Score, or violation of United Nations Global Compact principles. The Fund will adopt a best-in-class approach to sustainable investing. This means that it is expected that the Fund will invest in the best issuers from an ESG perspective within each relevant sector of activities covered by the Index. The Fund intends to replicate the Index by holding the securities, which make up the Index, in similar proportions to it. The investment manager may use financial derivative instruments (“FDIs“)(i.e. investments the prices of which are based on one or more underlying assets) to help achieve the Fund’s investment objectives. FDIs may be used for direct investment purposes. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to off-set the costs of the Fund . The price of equity securities fluctuates daily and may be influenced by factors affecting the performance of the individual companies issuing the equities, as well as by daily stock market movements, and broader economic and political developments which in turn may affect the value of your investment. Further information about the Fund can be obtained from the latest annual report and half-yearly reports of the iShares IV plc. These documents are available free of charge in English and certain other languages. These can be found, along with other (practical) information, including prices of units, on the iShares website at: www.ishares.com or by calling +49 89427295800 or from your broker or financial adviser.

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Your shares will be distributing shares (i.e. income will be paid on the shares semi-annually). Your shares will be denominated in US Dollar, the Fund's base currency. The shares are listed and traded on various stock exchanges. In normal circumstances, only authorised participants may buy and sell shares directly with the Fund. Investors who are not authorised participants (e.g. select financial institutions) can generally only buy or sell the shares on the secondary market (e.g. via a broker on a stock exchange) at the then prevailing market price. The value of the shares are related to the value of the underlying assets of the Fund, less costs (see “What are the costs?” below). The prevailing market price at which the shares trade on the secondary market may deviate from the value of the Shares. Indicative net asset value is published on relevant stock exchanges websites.

Intended retail investor:The Fund is intended for retail investors with the ability to bear losses up to the amount invested in the Fund (see “How long should I hold it and can I take my money out early?”).

Insurance benefits:The Fund does not offer any insurance benefits.

Countries

Dividends