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Description of iShares
iShares are exchange-traded securities that represent ownership in over 50
different index funds, each designed to provide investment returns corresponding
to the price and yield performance, before fees and expenses, of a particular
index compiled by one of five index providers: Standard & Poor’s (a division of
The McGraw-Hill Companies, Inc.), Dow Jones & Company, Cohen & Steers, The Nasdaq Stock Market, Inc.,
Frank Russell Company and Goldman Sachs Group.
There is no assurance that the price and yield performance of each particular index
for each fund can be fully matched. |
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Administration
Barclays Global Fund Advisors, a subsidiary of Barclays Global Investors, N.A., is
the advisor to each fund. Investors Bank & Trust Company is the administrator,
custodian, transfer agent and securities lending agent for each fund. SEI Investments
Distribution Company is the distributor for each fund. |
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iShares series issued:
| Broad-Based Indexes
|
| Name |
Trading Symbol |
Underlying Trading Value |
Net Asset Value |
Shares Outstanding |
Estimated Cash Component |
Total Cash Component |
Underlying Index Symbol |
iShares Dow Jones U.S. Total Market Index Fund |
IYY |
NLA |
NLA.NV |
NLA.SO |
NLA.EU |
NLA.TC |
DJUS |
iShares Russell 1000 Growth Index Fund |
IWF |
NBF |
NBF.NV |
NBF.SO |
NBF.EU |
NBF.TC |
RLG |
iShares Russell 1000 Index Fund |
IWB |
NJB |
NJB.NV |
NJB.SO |
NJB.EU |
NJB.TC |
RIY |
iShares Russell 1000 Value Index Fund |
IWD |
NJU |
NJU.NV |
NJU.SO |
NJU.EU |
NJU.TC |
RLV |
iShares Russell 2000 Growth Index Fund |
IWO |
NLO |
NLO.NV |
NLO.SO |
NLO.EU |
NLO.TC |
RUO |
iShares Russell 2000 Index Fund |
IWM |
NJM |
NJM.NV |
NJM.SO |
NJM.EU |
NJM.TC |
RTY |
iShares Russell 2000 Value Index Fund |
IWN |
NAJ |
NAJ.NV |
NAJ.SO |
NAJ.EU |
NAJ.TC |
RUY |
iShares Russell 3000 Growth Index Fund |
IWZ |
NBE |
NBE.NV |
NBE.SO |
NBE.EU |
NBE.TC |
RAG |
iShares Russell 3000 Index Fund |
IWV |
NMV |
NMV.NV |
NMV.SO |
NMV.EU |
NMV.TC |
RRY |
iShares Russell 3000 Value Index Fund |
IWW |
NNW |
NNW.NV |
NNW.SO |
NNW.EU |
NNW.TC |
RAV |
iShares S&P 500 Index Fund |
IVV |
NNV |
NNV.NV |
NNV.SO |
NNV.EU |
NNV.TC |
SPX |
iShares S&P 500/BARRA Growth Index Fund |
IVW |
NJG |
NJG.NV |
NJG.SO |
NJG.EU |
NJG.TC |
SGX |
iShares S&P 500/BARRA Value Index Fund |
IVE |
NME |
NME.NV |
NME.SO |
NME.EU |
NME.TC |
SVX |
iShares S&P MidCap 400 Index Fund |
IJH |
NJH |
NJH.NV |
NJH.SO |
NJH.EU |
NJH.TC |
MID |
iShares S&P MidCap 400/BARRA Growth Index Fund |
IJK |
NNK |
NNK.NV |
NNK.SO |
NNK.EU |
NNK.TC |
MGD |
iShares S&P MidCap 400/BARRA Value Index Fund |
IJJ |
NJJ |
NJJ.NV |
NJJ.SO |
NJJ.EU |
NJJ.TC |
MUV |
iShares S&P SmallCap 600 Index Fund |
IJR |
NIR |
NIR.NV |
NIR.SO |
NIR.EU |
NIR.TC |
SML |
iShares S&P SmallCap 600/BARRA Growth Index Fund |
IJT |
NLT |
NLT.NV |
NLT.SO |
NLT.EU |
NLT.TC |
CKG |
iShares S&P SmallCap 600/BARRA Value Index Fund |
IJS |
NJS |
NJS.NV |
NJS.SO |
NJS.EU |
NJS.TC |
CVK |
Sector Indexes
|
| Name |
Trading Symbol |
Underlying Trading Value |
Net Asset Value |
Shares Outstanding |
Estimated Cash Component |
Total Cash Component |
Underlying Index Symbol |
iShares Cohen & Steers Realty Majors Index Fund |
ICF |
ICG |
ICG.NV |
ICG.SO |
ICG.EU |
ICG.TC |
RMP |
iShares Dow Jones U.S. Basic Materials Sector Index Fund |
IYM |
NLB |
NLB.NV |
NLB.SO |
NLB.EU |
NLB.TC |
DJUSBM |
iShares Dow Jones U.S. Chemicals Sector Index Fund |
IYD |
NNE |
NNE.NV |
NNE.SO |
NNE.EU |
NNE.TC |
DJUSCH |
iShares Dow Jones U.S. Consumer Cyclical Sector Index Fund |
IYC |
NLL |
NLL.NV |
NLL.SO |
NLL.EU |
NLL.TC |
DJUSCY |
iShares Dow Jones U.S. Consumer Non-Cyclical Sector Index Fund |
IYK |
NMJ |
NMJ.NV |
NMJ.SO |
NMJ.EU |
NMJ.TC |
DJUSNC |
iShares Dow Jones U.S. Energy Sector Index Fund |
IYE |
NLE |
NLE.NV |
NLE.SO |
NLE.EU |
NLE.TC |
DJUSEN |
iShares Dow Jones U.S. Financial Sector Index Fund |
IYF |
NLF |
NLF.NV |
NLF.SO |
NLF.EU |
NLF.TC |
DJUSFN |
iShares Dow Jones U.S. Financial Services Sector Index Fund |
IYG |
NAG |
NAG.NV |
NAG.SO |
NAG.EU |
NAG.TC |
DJUSFV |
iShares Dow Jones U.S. Healthcare Sector Index Fund |
IYH |
NHG |
NHG.NV |
NHG.SO |
NHG.EU |
NHG.TC |
DJUSHC |
iShares Dow Jones U.S. Industrial Sector Index Fund |
IYJ |
NIJ |
NIJ.NV |
NIJ.SO |
NIJ.EU |
NIJ.TC |
DJUSIN |
iShares Dow Jones U.S. Internet Index Fund |
IYV |
NNU |
NNU.NV |
NNU.SO |
NNU.EU |
NNU.TC |
DJINET |
iShares Dow Jones U.S. Real Estate Sector Index Fund |
IYR |
NLR |
NLR.NV |
NLR.SO |
NLR.EU |
NLR.TC |
DJUSRE |
iShares Dow Jones U.S. Technology Sector Index Fund |
IYW |
NJW |
NJW.NV |
NJW.SO |
NJW.EU |
NJW.TC |
DJUSTC |
iShares Dow Jones U.S. Telecommunications Sector Index Fund |
IYZ |
NJZ |
NJZ.NV |
NJZ.SO |
NJZ.EU |
NJZ.TC |
DJUSTL |
iShares Dow Jones U.S. Utilities Sector Index Fund |
IDU |
NLU |
NLU.NV |
NLU.SO |
NLU.EU |
NLU.TC |
DJUSUT |
iShares Goldman Sachs Technology Index Fund |
IGM |
IPM |
IPM.NV |
IPM.SO |
IPM.EU |
IPM.TC |
GTC |
iShares Nasdaq Biotechnology Index Fund |
IBB |
IBF |
IBF.NV |
IBF.SO |
IBF.EU |
IBF.TC |
NBI |
International Indexes
|
| Name |
Trading Symbol |
Underlying Trading Value |
Net Asset Value |
Shares Outstanding |
Estimated Cash Component |
Total Cash Component |
Underlying Index Symbol |
iShares S&P Europe 350 Index Fund |
IEV |
NLG |
NLG.NV |
NLG.SO |
NLG.EU |
NLG.TC |
** |
iShares S&P/TSE 60 Index Fund |
IKC |
NLJ |
NLJ.NV |
NLJ.SO |
NLJ.EU |
NLJ.TC |
SPTSE |
Note: Underlying
Trading Value is the market value of a Creation Unit’s Deposit Securities, including the
Estimated Cash Component per Creation Unit, and is updated every 15 seconds. The Estimated
Cash Component per Creation Unit represents the estimated total cash amount in dollars per
Creation Unit anticipated to be required in connection with the current trading day’s creation
or redemption requests. This value may include a cash-in-lieu amount for shares of any
component stock, which may be excluded from the Creation Unit. Total Cash Component per
Creation Unit represents the actual total cash amount, in dollars per Creation Unit, required
in connection with the prior trading day’s creation or redemption requests. Net Asset Value,
Estimated Cash Component per Creation Unit and Total Cash Component Per Creation Unit are all
as of previous day’s close. Underlying Trading Value, Net Asset Value, and Final Dividend Payment
are all on a per-share basis. Although iShares may be bought and sold on the exchange through any brokerage account, iShares are not individually redeemable from the Fund. Investors may acquire iShares, and tender iShares for redemption, through the Fund in Creation Unit aggregations only. |
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Trading Unit
A round lot is 100 shares. Odd lots (i.e., fewer than 100 shares) trade as well. |
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Price Quotations
Prices are quoted in dollars and cents with a minimum price variation of $0.01 (a penny). |
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Settlement of Trades
Three business days. All iShares are held in book-entry form only at The Depository
Trust Company (DTC). |
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Dividends and Distributions
Each fund pays out dividends to investors at least annually and may pay them on a
more frequent basis. All the funds distribute their net capital gains, if any, to
investors annually. |
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Net Asset Value
IBT calculates each fund’s net asset value (NAV) in accordance with the standard
formula for valuing mutual fund shares at the close of regular trading, normally
4 p.m. New York time. The formula calls for deducting all of a fund’s liabilities
from the total value of its assets and dividing the result by the number of shares
outstanding. |
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Initial Customer Margin and Short Sales
Regulation T-margin requirements for exchange traded securities apply. Long
positions require 50 percent margin; short positions require 150 percent margin.
iShares may be sold short on a downtick at any time during trading hours. |
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Prospectus
iShares are offered by prospectus only. A purchaser of iShares in the secondary market
must be provided a current prospectus no later than the time confirmation of the first
transaction in iShares is delivered to the purchaser. You can obtain a prospectus by
calling 1-800-iShares (1-800-474-2737). Read it carefully before you invest. The
prospectus must also accompany iShares sales material sent out by members. |
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Trading Hours
9:30 a.m. to 4:15 p.m. New York time. |
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Creations and Redemptions
iShares can be created at NAV in "creation unit" block sizes (usually 50,000 shares)
by the deposit of a specified portfolio of stock closely approximating the composition
of the relevant index and a specified amount of cash. Conversely, a creation unit
(usually 50,000 shares) can be redeemed at NAV for a specific portfolio of stocks and
a specified cash amount. The shares of component stocks in a "creation unit" are
determined by the trustee prior to the opening of trading each business day. The required
cash amount is determined on the same day following the close of trading. |
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CUSIP Number
| IYY |
464287846 |
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IJT |
464287887 |
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IWZ |
464287671 |
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IYH |
464287762 |
|
IBB |
464287556 |
| IKC |
464287853 |
|
IJS |
464287879 |
|
IWW |
464287663 |
|
IYJ |
464287754 |
|
IGM |
464287549 |
| IVV |
464287200 |
|
IWB |
464287622 |
|
IYM |
464287838 |
|
IYV |
464287747 |
|
|
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| IVW |
464287309 |
|
IWF |
464287614 |
|
IYD |
464287820 |
|
IYR |
464287739 |
|
|
|
| IVE |
464287408 |
|
IWD |
464287598 |
|
IYC |
464287580 |
|
IYW |
464287721 |
|
|
|
| IJH |
464287507 |
|
IWM |
464287655 |
|
IYK |
464287812 |
|
IYZ |
464287713 |
|
|
|
| IJK |
464287606 |
|
IWO |
464287648 |
|
IYE |
464287796 |
|
IDU |
464287697 |
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|
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| IJJ |
464287705 |
|
IWN |
464287630 |
|
IYF |
464287788 |
|
IEV |
464287861 |
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| IJR |
464287804 |
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IWV |
464287689 |
|
IYG |
464287770 |
|
ICF |
464287564 |
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