iShares MSCI New Zealand Capped ETF

The iShares MSCI New Zealand ETF seeks to track the investment results of a broadbased index composed of New Zealand equities. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The index is a free float-adjusted market capitalization-weighted index primarily designed to measure the performance of equity securities in the approximately top 99% by market capitalization of equity securities listed on stock exchanges in New Zealand. The fund is non-diversified.