iShares MSCI ACWI UCITS ETF is an exchange traded fund (ETF) that aims to track the performance of the MSCI All Country World Index Net USD as closely as possible. The ETF invests in physical index securities. The MSCI All Country World Index Net USD offers exposure to stocks from developed and emerging countries worldwide which comply with MSCI's size, liquidity, and free float criteria. The index is free float market capitalisation weighted. iShares ETFs are funds managed by BlackRock. They are transparent, cost-efficient, liquid vehicles that trade on stock exchanges like normal securities. iShares ETFs offer flexible and easy access to a wide range of markets and asset classes.
* Annualised Securities Lending Return is calculated using unaudited 12 month net securities lending revenues to the fund divided by the average NAV of the fund over the same period. 60% of all securities lending revenues are paid directly into the fund, with BlackRock receiving 40% compensation which covers all operational costs. BlackRock’s policy is to disclose performance information quarterly subject to a one-month delay. This means that returns from 01 January 2011 to 31 December 2011 can be publicly disclosed from 01 February 2012. Annualised Securities Lending Return will not be displayed for the funds that have participated in securities lending for less than 12 months.
The value of investments in iShares Funds may fluctuate and investors may not get back the amount invested. Past performance may not be repeated and is no guarantee for future returns. Investment risks from market and currency losses as well as high volatility and concentration risk cannot be excluded.
The iShares funds domiciled in Dublin are sub-funds of iShares plc, iShares II plc or iShares III plc. These are open-ended investment companies with variable capital in form of an umbrella funds incorporated in Ireland with segregated liability between its sub-funds.The sales prospectuses of these sub-funds and annual and semi-annual reports are available free of charge from Dresdner Bank AG, Jürgen-Ponto-Platz 1, 60301 Frankfurt am Main. Each sub-funds has its own portfolio strategy which aims to replicate or as far as possible and practicable to hold the securities of the benchmark-index. The sales prospectuses for the Funds domiciled in Germany are available free of charge electronically and in hard copy from BlackRock Asset Management Deutschland AG, Max-Joseph-Str. 6, D-80333 Munich, Tel: +49 (0) 89 42729 – 5858, Fax: +49 (0) 89 42729 – 5958, info@iShares.de. Equity and Bond Funds replicate the respective underlying index directly whereas Swap Funds replicate it indirectly through the use of derivatives.