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Detailed explanation of investor types

Terms and conditions

Detailed explanation of investor types

Institutional:

An institutional investor is a qualified investor within the meaning of Art. 10 para 3 of the federal Act on Collective Investment Schemes of 23 June 2006 (“CISA”), as amended, at the exclusion of qualified investors with an opting-out pursuant to Art. 5 para 1 of the Swiss Federal Act on Financial Services (FinSA), domiciled in Switzerland. The content of this website is exclusively directed at the following qualified investors:

• Financial Intermediaries as defined in the Banking act of 8 November 1934 (BankA), the Financial Institutions Act of 15 June 2018 (FinIA) and the CISA
• Insurance Companies as defined in the Insurance Supervision Act of 17 December 2004 (ISA), as amended

Financial Intermediary:

Financial intermediaries are qualified investors within the meaning of Art. 10 para 3 of the federal Act on Collective Investment Schemes of 23 June 2006 (CISA), as amended, at the exclusion of qualified investors with an opting-out pursuant to Art. 5 para 1 of the Swiss Federal Act on Financial Services (FinSA), domiciled in Switzerland.

Individual:

An individual investor is a non-qualified investor domiciled in Switzerland.

Terms and conditions

Terms & Conditions – Individuals

“By accessing this website you, as a client or potential client, accept to receive information on this website in more than one language”.

Please read this page, as it explains certain restrictions imposed by law on the distribution of this information.

The content in the following pages is advertising. The information contained in the following pages is directed at non-qualified investors domiciled in Switzerland.

The information on the following pages is limited to those foreign collective investment schemes managed by entities of the BlackRock Group (“Fund/s") which have been approved by the Swiss Financial Market Supervisory Authority (FINMA) for offering in or from Switzerland to non-qualified investors in accordance with Article 119 et seq CISA (“foreign authorized funds”) and the Swiss domiciled iShares Funds and BlackRock Investment Funds Switzerland.

The Representative of the foreign authorized funds in Switzerland within the meaning of Article 120 and 123 et seq CISA is BlackRock Asset Management Switzerland Limited, Bahnhofstrasse 39, CH-8001 Zurich. The Paying Agent of the foreign authorized funds in Switzerland within the meaning of Article 121 CISA is State Street Bank International GmbH, Munich, Zurich Branch, Beethovenstrasse 19, CH-8002 Zurich. The prospectus, the key information document or equivalent, the Articles of Association and, if applicable, the annual as well as the semi-annual reports of the foreign authorized funds are available free of charge from the representative in Switzerland.

The Management Company of the Swiss domiciled iShares Funds and BlackRock Investment Funds Switzerland is BlackRock Asset Management Switzerland Limited, Bahnhofstrasse 39, CH-8001 Zurich. The prospectus including the integrated fund contract, the key information document or equivalent, and, if applicable, the annual as well as the semi-annual reports of the Swiss domiciled iShares Funds and BlackRock Investment Funds Switzerland are available free of charge from the Management Company in Switzerland.

Place of fulfillment and jurisdiction for units and shares offered in Switzerland of foreign authorized funds is the registered office of the representative in Switzerland.

It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction. The following pages do not constitute an offer or solicitation to sell shares in any of the funds referred to on this site, by anyone in any jurisdiction in which such offer, solicitation or distribution would be unlawful or in which the person making such an offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such an offer or solicitation.

Specifically, the funds described are not available for distribution to or investment by US investors. The shares will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") and, except in a transaction which does not violate the Securities Act or any other applicable US securities laws (including without limitation any applicable law of any of the States of the USA) may not be directly or indirectly offered or sold in the USA or any of its territories or possessions or areas subject to its jurisdiction or to or for the benefit of a US Person.

Applications to invest in any fund referred to on this site must only be made on the basis of the offer document relating to the specific investment (e.g. Prospectus or Key Information Document or equivalent).

As a result of money laundering regulations, additional documentation for identification purposes may be required when you make your investment. Details are contained in the relevant Prospectus or Key Information Document or equivalent, when implemented or other constitutional document.

The information contained on this site is published in good faith but no representation or warranty, expressed or implied, is made by BlackRock Asset Management Schweiz AG or by any person as to its accuracy or completeness and it should not be relied on as such. No information on this site constitutes investment, tax, legal or any other advice.

BlackRock Asset Management Schweiz AG shall have no liability for any loss or damage arising out of the use or reliance on the information provided including without limitation, any loss of profit or any other damage, direct or consequential.

Past performance is no guarantee of current or future performance. The value of investments and the income from them may go down as well as up and are not guaranteed. You may not get back the amount you invested. Rates of exchange may cause the value of the investments to go up or down.

Fluctuation may be particularly marked in the case of a higher volatility fund and the value of an investment may fall suddenly and substantially.

For your protection, telephone calls are usually recorded. BlackRock Investment Management (UK) Limited shall have no liability for any data transmission errors such as data loss or damage or alteration of any kind, including, but not limited to, any direct, indirect or consequential damage, arising out of the use of the services provided herein.

If you are in doubt about the meaning of any information provided please consult your financial or other professional adviser.

BlackRock Asset Management Switzerland Limited, Zurich is responsible for the content of this website in Switzerland.

© 2021 BlackRock, Inc. All Rights reserved. BLACKROCK, BLACKROCK SOLUTIONS, iSHARES, BUILD ON BLACKROCK, SO WHAT DO I DO WITH MY MONEY and the stylized i logo are trademarks of BlackRock, Inc. or its subsidiaries in the United States and elsewhere. All other trademarks are those of their respective owners.

Indices BlackRock Investment Funds Switzerland:

None of the sub-funds in this umbrella fund are sponsored, endorsed, sold or promoted by MSCI Inc. ("MSCI"), any of its affiliates, any of its information providers or any third party involved in, or related to, compiling, computing or creating any MSCI Index (collectively, the "MSCI Parties”). The MSCI Indices are the exclusive property of MSCI. MSCI and the MSCI Index names are service marks of MSCI or its affiliates and have been licensed for certain purposes by the asset manager. None of the MSCI Parties makes any representation or warranty, express or implied, to the issuer or owners of the sub-funds or any other person or entity regarding the advisability of investing in the umbrella fund generally or in a sub-fund particularly or the ability of any MSCI Index to track corresponding stock market performance.

SIX Swiss Exchange and its Licensors do not sponsor, endorse, sell or promote the sub-funds, recommend that any person invest in the sub-funds or any other securities, have any responsibility or liability for or make any decisions about the timing, amount or pricing of the sub-funds, have any responsibility or liability for the administration, management or marketing of the sub-funds, consider the needs of the sub-funds or the owners of the sub-funds in determining, composing or calculating the SIX Indices or have any obligation to do so. SIX Swiss Exchange and its Licensors give no warranty, and exclude any liability (whether in negligence or otherwise), in connection with the sub-funds or their performance.

The iShares Emerging Markets Bond Index Fund (CH) (the “Permitted Licensee Product”) is not sponsored, endorsed, sold or promoted by J.P. Morgan. J.P. Morgan makes no representation or warranty, express or implied, to the owners of the Permitted Licensee Product or any member of the public regarding the advisability of investing in securities generally, or in the Permitted Licensee Product particularly, or the ability of the J.P. Morgan Emerging Markets Bond Global Diversified Index to track general bond market performance. J.P. Morgan's only relationship to BlackRock Inc. is the licensing of the J.P. Morgan Emerging Markets Bond Global Diversified Index which is determined, composed and calculated by J.P. Morgan without regard to BlackRock Inc. or the iShares Emerging Markets Bond Index Fund (CH).

Indices iShares:

The fund is not sponsored, endorsed, or promoted by MSCI or Barclays, and MSCI and Barclays bear no liability with respect to any such fund or any index on which such fund is based. The Prospectus contains a more detailed description of the limited relationship that MSCI and Barclays have with BlackRock and any related funds.

Bloomberg®”, “Bloomberg CommoditySM (Total Return Index)” are service marks of Bloomberg L.P. and have been licensed for use for certain purposes by BlackRock. Neither Bloomberg Finance L.P. and its affiliates (collectively, “Bloomberg”) nor UBS Securities LLC and its affiliates (collectively, “UBS”) are affiliated with BlackRock Asset Management Deutschland AG, and Bloomberg and UBS do not approve, endorse, review, or recommend iShares Diversified Commodity Swap UCITS ETF (DE). BLOOMBERG and Bloomberg CommoditySM (Total Return Index) are trademarks or service marks of Bloomberg Finance L.P. and have been licensed to BlackRock Asset Management Deutschland AG. Neither Bloomberg nor UBS guarantees the timeliness, accurateness, or completeness of any data or information relating to Bloomberg CommoditySM (Total Return Index).

Bloomberg® is a trademark and service mark of Bloomberg Finance L.P. (collectively with its affiliates, “Bloomberg”). Barclays® is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, “Barclays”), used under license. Bloomberg or Bloomberg’s licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays are affiliated with BlackRock Fund Advisors or its affiliates, and neither Bloomberg nor Barclays approves, endorses, reviews, or recommends the iShares ETFs. Neither Bloomberg nor Barclays guarantees the timeliness, accurateness, or completeness of any data or information relating to 'Bloomberg Barclays US Government Inflation-Linked Bond Index', 'Bloomberg Barclays UK Government Inflation-Linked Bond Index', 'Bloomberg Barclays Euro Aggregate Bond Index', 'Bloomberg Barclays Euro Corporate 1-5 Year Bond Index', 'Bloomberg Barclays Euro Corporate ex Financials 1-5 Year Bond Index', 'Bloomberg Barclays Euro Corporate ex Financials Bond Index', 'Bloomberg Barclays Euro-Aggregate: Financials Index', 'Bloomberg Barclays EUR Corporate Interest Rate Hedged Index', 'Bloomberg Barclays Emerging Markets EUR Sovereign and Quasi-Sovereign 10% Country Capped Index', 'Bloomberg Barclays Euro Short Treasury (0-12 Months) Bond Index', 'Bloomberg Barclays Euro Government Bond 10-15 yr Term Index', 'Bloomberg Barclays Euro Government Bond 1-3 Year Term Index', 'Bloomberg Barclays Euro Government Bond 30 Year Term Index', 'Bloomberg Barclays Euro Government Bond 5 Year Term Index', 'Bloomberg Barclays Euro Government Bond 3-7 Year Term Index', 'Bloomber Barclays Euro Government Bond 5-7yr Term Index', 'Bloomberg Barclays Euro Government Bond 10 Year Term Index', 'Bloomberg Barclays Euro Government Inflation Linked Bond Index', 'Bloomberg Barclays Austria Treasury Bond Index', 'Bloomberg Barclays Belgium Treasury Bond Index', 'Bloomberg Barclays Euro Corporate Bond Index', 'Bloomberg Barclays Euro Treasury Bond Index', 'Bloomberg Barclays Emerging Markets Local Currency Core Government Bond Index', 'Bloomberg Barclays Emerging Markets Asia Local Currency Govt Country Capped Index', 'Bloomberg Barclays EUR Corporate Interest Rate Hedged Index ', 'Bloomberg Barclays Global Corporate ex EM Fallen Angels 3% Issuer Capped Index', 'Bloomberg Barclays Finland Treasury Bond Index', 'Bloomberg Barclays France Treasury Bond Index', 'Bloomberg Barclays Germany Treasury Bond Index', 'Bloomberg Barclays Global Government AAA-AA Capped Bond Index', 'Bloomberg Barclays Global Aggregate Corporate Index (EUR hedged)', 'Bloomberg Barclays Global Aggregate Corporate Bond Index', 'Bloomberg Barclays World Government Inflation-Linked Bond Index', 'Bloomberg Barclays September 2018 Maturity US Corporate Index', 'Bloomberg Barclays Italy Treasury Bond Index', 'Bloomberg Barclays Netherlands Treasury Bond Index', 'Bloomberg Barclays EM Local Currency Govt Core 0-5 Index', 'Bloomberg Barclays Spain Treasury Bond Index', 'Bloomberg Barclays US Aggregate Bond Index (CHF Hedged)', 'Bloomberg Barclays US Aggregate Bond Index' and 'Barclays US Mortgage Backed Securities Index'. Neither Bloomberg nor Barclays shall be liable in any way to the BlackRock Fund Advisors or its affiliates, investors in the iShares ETFs or to other third parties in respect of the use or accuracy of the 'Bloomberg Barclays US Government Inflation-Linked Bond Index', 'Bloomberg Barclays UK Government Inflation-Linked Bond Index', 'Bloomberg Barclays Euro Aggregate Bond Index', 'Bloomberg Barclays Euro Corporate 1-5 Year Bond Index', 'Bloomberg Barclays Euro Corporate ex Financials 1-5 Year Bond Index', 'Bloomberg Barclays Euro Corporate ex Financials Bond Index', 'Bloomberg Barclays Euro-Aggregate: Financials Index', 'Bloomberg Barclays EUR Corporate Interest Rate Hedged Index', 'Bloomberg Barclays Emerging Markets EUR Sovereign and Quasi-Sovereign 10% Country Capped Index', 'Bloomberg Barclays Euro Short Treasury (0-12 Months) Bond Index', 'Bloomberg Barclays Euro Government Bond 10-15 yr Term Index', 'Bloomberg Barclays Euro Government Bond 1-3 Year Term Index', 'Bloomberg Barclays Euro Government Bond 30 Year Term Index', 'Bloomberg Barclays Euro Government Bond 5 Year Term Index', 'Bloomberg Barclays Euro Government Bond 3-7 Year Term Index', 'Bloomber Barclays Euro Government Bond 5-7yr Term Index', 'Bloomberg Barclays Euro Government Bond 10 Year Term Index', 'Bloomberg Barclays Euro Government Inflation Linked Bond Index', 'Bloomberg Barclays Austria Treasury Bond Index', 'Bloomberg Barclays Belgium Treasury Bond Index', 'Bloomberg Barclays Euro Corporate Bond Index', 'Bloomberg Barclays Euro Treasury Bond Index', 'Bloomberg Barclays Emerging Markets Local Currency Core Government Bond Index', 'Bloomberg Barclays Emerging Markets Asia Local Currency Govt Country Capped Index', 'Bloomberg Barclays EUR Corporate Interest Rate Hedged Index ', 'Bloomberg Barclays Global Corporate ex EM Fallen Angels 3% Issuer Capped Index', 'Bloomberg Barclays Finland Treasury Bond Index', 'Bloomberg Barclays France Treasury Bond Index', 'Bloomberg Barclays Germany Treasury Bond Index', 'Bloomberg Barclays Global Government AAA-AA Capped Bond Index', 'Bloomberg Barclays Global Aggregate Corporate Index (EUR hedged)', 'Bloomberg Barclays Global Aggregate Corporate Bond Index', 'Bloomberg Barclays World Government Inflation-Linked Bond Index', 'Bloomberg Barclays September 2018 Maturity US Corporate Index', 'Bloomberg Barclays Italy Treasury Bond Index', 'Bloomberg Barclays Netherlands Treasury Bond Index', 'Bloomberg Barclays EM Local Currency Govt Core 0-5 Index', 'Bloomberg Barclays Spain Treasury Bond Index', 'Bloomberg Barclays US Aggregate Bond Index (CHF Hedged)', 'Bloomberg Barclays US Aggregate Bond Index' and 'Barclays US Mortgage Backed Securities Index' or any data included therein.

Copyright © 2017, Citigroup Index LLC. All rights reserved. CITIGROUP is a registered trademark and service mark of Citigroup Inc. or its affiliates, is used and registered throughout the world, and is used under license for certain purposes by BlackRock and certain of its affiliates. Reproduction of the Citigroup data and information in any form is prohibited except with the prior written permission of Citigroup Index LLC ('Citigroup'). The iShares ETFs are not sponsored, endorsed, sold or promoted by Citigroup, and Citigroup makes no representation regarding the advisability of investing in such funds. Because of the possibility of human or mechanical error, Citigroup does not guarantee the accuracy, adequacy, completeness or availability of any data and information and is not responsible for any errors or omissions or for the results obtained from the use of such data and information. CITIGROUP GIVES NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. In no event shall Citigroup be liable for any direct, indirect, special or consequential damages in connection with any use of the Citigroup data and information.

DAX®, DivDAX®, eb.rexx®, MDAX® and TecDAX® are registered trademarks of Deutsche Börse AG.

The EURO STOXX®, EURO STOXX® Banks, EURO STOXX® Health Care, EURO STOXX® Select Dividend 30, EURO STOXX® Technology, EURO STOXX® Telecommunications, STOXX® Europe 50, STOXX® Europe 600 Automobiles & Parts, STOXX® Europe 600 Banks, STOXX® Europe 600 Basic Resources, STOXX® Europe 600 Chemicals, STOXX® Europe 600 Construction & Materials, STOXX® Europe 600 Financial Services, STOXX® Europe 600 Food & Beverage, STOXX® Europe 600 Health Care, STOXX® Europe 600 Industrial Goods & Services, STOXX® Europe 600 Insurance, STOXX® Europe 600 Media, STOXX® Europe 600 Oil & Gas, STOXX® Europe 600 Personal & Household Goods, STOXX® Europe 600 Real Estate Cap, STOXX® Europe 600 Retail, STOXX® Europe 600 Technology, STOXX® Europe 600 Telecommunications, STOXX® Europe 600 Travel & Leisure, STOXX® Europe600, STOXX® Europe 600 Utilities, STOXX® Europe Large 200, STOXX® Europe Mid 200, STOXX® Europe Select Dividend 30, STOXX® Europe Small 200 and STOXX® Global Select Dividend 100 indices and the trademarks used in the index names are the intellectual property of STOXX Limited, Zurich, Switzerland and/or its licensors. The indices are used under license from STOXX. The securities based on the indices are in no way sponsored, endorsed, sold or promoted by STOXX and/or its licensors and neither STOXX nor its licensors shall have any liability with respect thereto.

"Dow Jones" andDow Jones Asia / Pacific Select Dividend 30 Index, Dow Jones China Offshore 50SM Index, Dow Jones Global Titans 50SM Index, Dow Jones Industrial Average Index and Dow Jones U.S. Select Dividend Index are licensed for use for certain purposes by BlackRock Asset Management Deutschland AG.The iShares ETFs are not sponsored, endorsed, sold or promoted by Dow Jones and Dow Jones makes no representation regarding the advisability of investing in these products.

S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“S&P”) and “Dow Jones®” is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”) and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates and sublicensed for certain purposes by BlackRock Fund Advisors or its affiliates (“BlackRock”). The Dow Jones Asia/Pacific Select Dividend 30 Index, Dow Jones Industrial Average Index and Dow Jones Emerging Markets Select Dividend Index are products of S&P Dow Jones Indices LLC or its affiliates, and have been licensed for use by BlackRock. The iShares ETF (the “Funds”) are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, their respective affiliates, and none of S&P Dow Jones Indices LLC, Dow Jones, S&P nor their respective affiliates makes any representation regarding the advisability of investing in the Funds. BlackRock is not affiliated with the companies listed above. Index data source: S&P Dow Jones Indices LLC.

The “Dow Jones Sustainability World Enlarged Index ex Alcohol, Tobacco, Gambling, Armaments, Firearms and Adult Entertainment SM and Dow Jones Sustainability Europe Enlarged Index ex Alcohol, Tobacco, Gambling, Armaments, Firearms and Adult Entertainment SM" is a joint product of Dow Jones Indexes, the marketing name and a licensed trademark of CME Group Index Services LLC ("CME Indexes"), and SAM Indexes GmbH (“SAM”), and has been licensed for use. "Dow Jones®", "[DJSI Index]SM" and "Dow Jones Indexes" are service marks of Dow Jones Trademark Holdings, LLC ("Dow Jones") and have been licensed to CME Indexes and sublicensed for use for certain purposes by BlackRock. Dow Jones, CME Indexes, SAM and their respective affiliates have no relationship to [licensee], other than making of the “Dow Jones Sustainability World Enlarged Index ex Alcohol, Tobacco, Gambling, Armaments, Firearms and Adult Entertainment SM and Dow Jones Sustainability Europe Enlarged Index ex Alcohol, Tobacco, Gambling, Armaments, Firearms and Adult Entertainment SM"(the "Index") and their respective service marks available for use in connection with the iShares.

Euronext Indices B.V. has all proprietary rights with respect to the AEX-index® (the 'Index'). In no way Euronext Indices B.V. sponsors, endorses or is otherwise involved in the issue and offering of the product. Euronext Indices B.V. disclaims any liability to any party for any inaccuracy in the data on which the Index is based, for any mistakes, errors, or omissions in the calculation and/or dissemination of the Index, or for the manner in which it is applied in connection with the issue and offering thereof. 'AEX®' and 'AEX-index®' are registered trademarks of Euronext N.V. or its subsidiaries.

'FTSE®' is a trade mark jointly owned by the London Stock Exchange plc and the Financial Times Limited (the 'FT') and is used by FTSE International Limited ('FTSE') under licence. The FTSE BRIC 50 Index, FTSE China 25 Index, FTSE 100 Index, FTSE Actuaries Government Securities UK Gilts All Stocks Index, FTSE 250 Index, FTSE UK Dividend + Index and FTSE UK Conventional Gilts - Up To 5 Years Index are calculated by or on behalf of FTSE International Limited ('FTSE'). None of the Exchange, the FT nor FTSE sponsors, endorses or promotes the iShares ETFs nor is in any way connected to the funds or accepts any liability in relation to their issue, operation and trading. All copyright and database rights within the index values and constituent list vest in FTSE. BlackRock has obtained full licence from FTSE to use such copyright and database rights in the creation of these products.

'FTSE®' is a trade mark of the London Stock Exchange plc and the Financial Times Limited, 'MIB' is a trade mark of Borsa Italiana SpA ('Borsa Italiana') and both are used by FTSE International Limited ('FTSE') under licence. The FTSE MIB Index is calculated by FTSE with the assistance of Borsa Italiana. Neither FTSE nor its licensors nor Borsa Italiana sponsor, endorse or promote the iShares ETF and are not in any way connected to it and do not accept any liability in relation to its issue, operation and trading. All copyright in the index values and constituent list vest in FTSE. BlackRock has obtained full licence from FTSE to use such copyright in the creation of this product.

FTSE®' is a trade mark jointly owned by the London Stock Exchange plc and the Financial Times Limited (the 'FT'), 'NAREIT®' is a trade mark of the National Association of Real Estate Investment Trusts ('NAREIT') and 'EPRA®' is a trade mark of the European Public Real Estate Association ('EPRA') and all are used by FTSE under licence. The FTSE EPRA/NAREIT Developed Asia Dividend+ Index, FTSE EPRA/NAREIT Developed Dividend+ Index, FTSE EPRA/NAREIT Developed Europe ex UK Dividend+ Index, FTSE EPRA/NAREIT UK Index and FTSE EPRA/NAREIT United States Dividend + Index are calculated by FTSE International Limited ('FTSE'). None of the Exchange, the FT, FTSE, Euronext N.V., NAREIT nor EPRA sponsors, endorses or promotes the iShares ETFs nor is in any way connected to the funds or accepts any liability in relation to their issue, operation and trading. All copyright and database rights within the index values and constituent list vest in FTSE, Euronext N.V., NAREIT and EPRA. BlackRock has obtained full licence from FTSE to use such copyright and database rights in the creation of these products.

'FTSE®' is a trade mark jointly owned by the London Stock Exchange plc and the Financial Times Limited (the 'FT'). 'FTSEurofirst®' is a trademark jointly owned by FTSE International Limited ('FTSE') and Euronext N.V ('Euronext'). The FTSEurofirst 100 Index and FTSEurofirst 80 Index are compiled and calculated by or on behalf of FTSE. None of the Exchange, the FT, FTSE or Euronext sponsors, endorses or promotes the iShares ETFs nor is in any way connected to the funds or accepts any liability in relation to their issue, operation and trading. All copyright and database rights within the index values and constituent list vest in FTSE and Euronext. BlackRock has obtained full licence from FTSE to use such copyright and database rights in the creation of these products.

'FTSE®' is a trade mark jointly owned by the London Stock Exchange ('Exchange') and the Financial Times Limited ('FT'), 'Macquarie™' is a trade mark of Macquarie Bank Limited and its related entities and both marks are used by FTSE International Limited ('FTSE') under licence. None of FTSE, Macquarie, the Exchange nor the FT shall be liable (whether in negligence or otherwise) to any person for any error in the Index and none of FTSE, Macquarie, the Exchange nor FT shall be under any obligation to advise any person of any error therein. BlackRock has obtained a licence from FTSE to use such copyrights and database rights in the creation of the iShares ETF.

The Markit iBoxx USD Liquid Investment Grade Interest Rate Hedged Index, iBoxx, Markit iBoxx USD Liquid Investment Grade 0-5 Index, Markit iBoxx USD Liquid High Yield 0-5 Capped Index, Markit iBoxx USD Liquid Investment Grade Ultrashort Index, Markit iBoxx GBP Corporates 0-5 Index, Markit iBoxx GBP Non-financials Index, Markit iBoxx GBP Liquid Investment Grade Ultrashort Index, Markit iBoxx EUR Liquid Corporates Large Cap Index, Markit iBoxx € Covered Index, Markit iBoxx EUR Liquid Investment Grade Ultrashort Index, Markit iBoxx GBP Liquid Corporates Large Cap Index, Markit iBoxx Euro Sovereigns Inflation-Linked Index Nom. (Mid), Markit iBoxx Global Developed Markets Liquid High Yield Capped (CHF Hedged) Index, Markit iBoxx Global Developed Markets Liquid High Yield Capped (GBP Hedged) and Markit iBoxx Global Developed Markets Liquid High Yield Capped Index referenced herein are the property of Markit Indices Limited and is used under license. The iShares ETFs are not sponsored, endorsed, or promoted by Markit Indices Limited.

The ICE Index mentioned in this document is a service mark of Interactive Data Pricing and Reference Data, LLC or its affiliates (“Interactive Data”) and has been licensed for use by BlackRock, Inc. in connection with the fund. Neither BlackRock, Inc. nor the fund is sponsored, endorsed, sold or promoted by Interactive Data. Interactive Data makes no representations or warranties regarding BlackRock, Inc. or the fund or the ability of the fund to track the applicable Index. INTERACTIVE DATA MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE WITH RESPECT TO THE ICE INDEX OR ANY DATA INCLUDED THEREIN. IN NO EVENT SHALL INTERACTIVE DATA HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, DIRECT, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS) EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

Markit iBoxx is a registered trade mark of Markit Indices Limited and has been licensed for use by BlackRock Asset Management Deutschland AG. Markit Indices Limited does not approve, endorse or recommend BlackRock Asset Management Deutschland AG or iShares ETF. These products are not sponsored, endorsed or sold by Markit Indices Limited and Markit Indices Limited makes no representation regarding the suitability of investing in the products.

"J.P. Morgan" and "J.P. Morgan EMBISM Global Core Index" are trademarks of JPMorgan Chase & Co. licensed for use for certain purposes by BlackRock Institutional Trust Company, N.A. ("BTC"). iShares® is a registered trademark of BTC.J.P. Morgan is the Index Provider for the Underlying Index. J.P. Morgan is not affiliated with the Fund, BFA, State Street, the Distributor or any of their respective affiliates.

J.P. Morgan provides financial, economic and investment information to the financial community. J.P. Morgan calculates and maintains the J.P. Morgan EMBISM Global Core Index, J.P. Morgan Emerging Markets Bond Index Plus, J.P. Morgan Emerging Markets Bond Index Global and Emerging Markets Bond Index Global Diversified. Security additions and deletions into the emerging markets bond indexes do not in any way reflect an opinion in the investment merits of the security.

The “JPX-Nikkei Index 400” and “JPX-Nikkei 400 Net Total Return EUR Hedged Index” (hereinafter collectively referred to as the “Index”) are copyrightable works calculated using such methodology independently developed by Japan Exchange Group, Inc. and Tokyo Stock Exchange, Inc. (hereinafter collectively called “JPX Group”) and Nikkei Inc. (hereinafter called “Nikkei”). JPX Group and Nikkei jointly own copyrights and any other intellectual property rights subsisting in “Index” itself and the methodology to calculate “Index”. The Fund is not in any way sponsored, endorsed or promoted by JPX Group and Nikkei. JPX Group and Nikkei do not make any warranty or representation. JPX Group and Nikkei have no obligation to publish “Index” continuously and shall not be liable for any errors, delays or suspensions of the publication of “Index”.

Markit iBoxx is a registered trade mark of Markit Indices Limited and has been licensed for use by BlackRock. Markit Indices Limited does not approve, endorse or recommend BlackRock or iShares plc. These products are not sponsored, endorsed or sold by Markit Indices Limited and Markit Indices Limited makes no representation regarding the suitability of investing in these products.

The Fund is not sponsored, endorsed, sold or promoted by Morningstar. Morningstar makes no representation or warranty, express or implied, to the owners of shares of the Fund or any member of the public regarding the advisability of investing in securities generally or in the Fund particularly or the ability of the Morningstar Emerging Markets Corporate Bond Index (the “Index”) to track general stock market performance. Morningstar’s only relationship to the Company or to the BlackRock group is the licensing to the BlackRock group of certain trademarks and trade names of Morningstar and of the Index which is determined, composed and calculated by Morningstar without regard to the BlackRock group, the Company or the Fund. Morningstar has no obligation to take the needs of the BlackRock group or the owners of the shares of the Fund into consideration in determining, composing or calculating the Index. Morningstar is not responsible for and has not participated in the determination of the prices and amount of shares of the Fund, or the timing of the issuance or sale of such shares or in the determination or calculation of the equation by which shares of the Fund are to be converted into cash. Morningstar has no obligation or liability in connection with the administration, marketing or trading of shares of the Fund. Morningstar does not guarantee the accuracy or the completeness of the Index or any data included therein and Morningstar shall have no liability for any errors, omission, or interruptions therein.

Morningstar makes no warranty, express or implied, as to results to be obtained by the BlackRock group, owners of shares of the Fund or any other person or entity from the use of the Index or any data included therein. Morningstar makes no express or implied warranties and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the Index or any data included therein. Without limiting any of the foregoing, in no event shall Morningstar have any liability for any special, punitive, direct, indirect or consequential damages (including lost profits) resulting from the use of the Index or any data included therein, even if notified of the possibility of such damages.

MSCI iShares funds are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or any index on which such funds are based. The Prospectus contains a more detailed description of the limited relationship that MSCI has with BlackRock and any related funds.

Nasdaq®', 'Nasdaq-100®' and 'Nasdaq-100 Index®' are trademarks of the Nasdaq Stock Market Inc. (which with its affiliates is referred to as the 'Corporations') and are licensed for use by BlackRock Asset Management Deutschland AG. iShares NASDAQ-100® (DE) is not issued, endorsed, sold or promoted by the Corporations. The Corporations make no warranties and bear no liability with respect to the Product.

Nasdaq®, Nasdaq 100 and OMX Stockholm Benchmark Cap™ are registered trademarks of the NASDAQ, Inc. (referred to below as “corporation” jointly with its affiliates) and are licensed for use by BlackRock Asset Management Ireland Limited. The corporation bears no liability for the legality or suitability of the products. The products are not issued, subscribed, sold or promoted by the corporation. The corporation makes no warranties and bears no liability with respect to the products.

The Nikkei Stock Average is a copyrighted material, calculated by Nihon Keizai Shimbun, Inc. which is the sole exclusive owner of the copyright and other intellectual property rights in the Nikkei Stock Average itself and the methodology to calculate the Nikkei Stock Average. Nihon Keizai Shimbun, Inc. (Licensor) granted a license to the licensee to use the Nikkei Stock Average as a basis for the iShares Nikkei 225® (DE) ETF. The Licensor does not sponsor, support, sell or market the ETF and has – besides granting the license to the licensee – no connection with the ETF. The ETF is managed exclusively at the risk of the licensee and licensor shall assume no obligation or responsibility for its management and transactions on the ETF.

Nikkei 225 is protected by a copyright and is calculated according to criteria independently developed and created by Nikkei Inc. Nikkei Inc. is the only and exclusive owner of the copyrights and other intellectual property rights on Nikkei 225 and on the relevant calculation criteria. Nikkei Digital Media Inc., upon authorization of Nikkei Inc., licensed the use of Nikkei 225 as index for the fund to the licensee. The intellectual property and any other right related to the trademarks connected with Nikkei and Nikkei 225 are granted to Nikkei Inc. Nikkei Inc. and/or Nikkei Digital Media, Inc. do not sponsor, support, sell or advertise the fund. Nikkei Inc. and/or Nikkei Digital Media, Inc. are not connected in any way with the fund and license the use of certain trademarks and of Nikkei 225 for the fund itself to the licensee. The licence agreement between Nikkei Digital Media, Inc. and the licensee grants no right to any third party. The fund is managed at the licensee’s exclusive risk; Nikkei Inc. and/or Nikkei Digital Media, Inc. assume no obligation or liability with respect to the management and transactions of the fund. Nikkei Inc. and/or Nikkei Digital Media, Inc. bear no liability for the correctness of the fund’s calculations or relevant data. Nikkei Inc. and/or Nikkei Digital Media, Inc. have no obligation to continue to publish the Nikkei 225 and are not responsible for any errors, delays, interruptions, suspensions or termination of the relevant publication; Nikkei Inc. and Nikkei Digital Media, Inc. are authorized to change the description of securities, calculation criteria or any other detail of Nikkei 225 and have the right to interrupt or stop the announcement of Nikkei 225 with no responsibility towards the licensor or any third party.

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The product is not sponsored, endorsed, sold or promoted by SIX Swiss Exchange Ltd and SIX Swiss Exchange Ltd makes no representation regarding the advisability of investing in the product. TheSwiss Bond Index® Corporate Total Return is a registered trademark of SIX Swiss Exchange Ltd, and any use thereof requires a license.

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The iShares ETF is not sponsored, endorsed, sold or promoted by SIX Swiss Exchange Limted and SIX Swiss Exchange Limited makes no representation regarding the advisability of investing in the product. The SPI® and Swiss Leader Index is a registered trademark of the SIX Swiss Exchange Limited and any use thereof requires a license.

iShares TA-25 Israel UCITS ETF is not sponsored, endorsed, or promoted by the Tel-Aviv Stock Exchange Ltd, and the Tel-Aviv Stock Exchange Ltd bears no liability with respect to any such fund or any index on which such fund is based. The Prospectus contains a more detailed description of the limited relationship that the Tel-Aviv Stock Exchange Ltd has with BlackRock and any related funds.

ATX®' (Austrian Traded Index®) is a registered trademark of Wiener Börse AG. The issuer has been granted a licence to use ATX® with regard to this issue. iShares ATX (DE) is not sponsored, recommended or marketed by Wiener Börse AG.

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