iShares 0-5 Year TIPS Bond Index ETF

The investment objective of the Fund is to provide income by replicating. The Fund to the extent possible, the performance of an index composed of inflation-indexed US Treasury bonds with remaining maturities of less than five years, net of expenses. The current index for the Fund is the Bloomberg US Treasury Inflation-Protected Securities TIPS 0-5 Years Index Series-L the Index. Under normal market conditions, the Fund will primarily invest in securities of one or more exchange-traded funds managed by BlackRock or an affiliate iShares ETFs and or US fixed income securities. The Index measures the performance of the inflation-protected public obligations of the U.S. Treasury, commonly known as TIPS that have a remaining maturity of less than five years.