iShares 1-10 Year Laddered Corporate Bond Index ETF

The investment objective of the Fund is to replicate, to the extent possible. The Fund will primarily invest in securities of one or more exchange-traded funds managed by BlackRock Canada or an affiliate and/or Canadian fixed income securities. The Index consists of semi annual pay fixed-rate corporate bonds including certain qualifying asset-backed securities issued domestically in Canada and denominated in Canadian dollars. Securities must have an investment grade rating of `A or above as determined by the index provider and a remaining effective term to maturity of between zero and ten years to be added to the Index. The Index seeks to allocate its holdings equally across ten distinct effective maturity groups. Each effective maturity group covers a one year period and together the groups cover a contiguous ten year period.