iShares MSCI World Utilities Sector Advanced UCITS ETFIndex, costs, backtest, listings and taxation

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The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the MSCI World Utilities Advanced Select 20 35 Capped Index, the Fund‘s benchmark index (”Index”). The Share Class, via the Fund is passively managed and aims to invest so far as possible and practicable in equity securities (e.g. shares) that make up the Index. The Index measures the performance of a sub-set of equity securities within the MSCI World Utilities Index (“Parent Index”) which excludes issuers from the Parent Index based on the index provider’s environmental, social and governance (“ESG”) and exclusionary criteria. Issuers may be excluded if they are involved in controversial, nuclear and conventional weapons, civilian firearms, tobacco, thermal coal, oil sands and companies that are classified as violating the United Nations Global Compact principles. The Index also excludes companies which are identified by the index provider as being involved in controversies that have a negative ESG impact on their operations and/or products and services based on an MSCI ESG controversy score. The remaining companies are weighted using an optimisation process which aims to reduce the weighted average carbon emissions intensity as well as potential emissions risk of fossil fuel reserves, increase the weighted average industry-adjusted ESG score and minimise the tracking error, each relative to the Parent Index. The Index also seeks to include companies contributing positively to the environment or society, or those with carbon emissions reduction target(s) approved by the Science Based Targets initiative (“SBTi”). The Parent Index measures the performance of large and mid-capitalisation stocks across developed market countries which comply with MSCI's size, liquidity and free-float criteria that are within the Global Industry Classification Standard (“GICS”) utilities sector. The Fund intends to replicate the Index by holding the equity 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 objective. FDIs may be used for direct investment purposes. The Fund may obtain limited exposure to securities which do not satisfy the ESG criteria. The Index rebalances on a quarterly basis. The Fund adopts a binding and significant ESG optimisation approach to sustainable investing. This means that the Fund will integrate ESG information into its investment process to optimise exposure to issuers to achieve a higher ESG rating compared to the Parent Index. 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. The relationship between the return on your investment, how it is impacted and the period for which you hold your investment is considered below (see “How long should I hold it and can I take my money out early?”).

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The depositary of the Fund is State Street Custodial Services (Ireland) Limited. Further information about the Fund can be obtained from the latest annual report and half-yearly reports of the iShares V 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.

Your shares will be accumulating shares (i.e. income will be included in their value). 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.

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