ISHARES V PLC OIL & GAS EXPL & PROD UCITS ETF USD ACC

Objectives and Approach

The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the S&P Commodity Producers Oil & Gas Exploration & Production Index, the Fund’s benchmark index (Index). The Share Class, via the Fund is passively managed and invests in equity securities (e.g. shares) that, so far as possible and practicable, make up the Index. The Index measures the performance of some of the largest publicly traded companies involved in the exploration and production of oil and gas from around the world. The Index includes only companies within the Global Industry Classification Standard (GICS) classification of Oil and Gas Exploration and Production and is constructed from the S&P Global Broad Market Index. These companies must maintain a developed market listing for their shares, and meet minimum market capitalisation and liquidity requirements to be considered for inclusion in the Index. Companies are included in the Index on a free float-adjusted market capitalisation weighted basis. Free float-adjusted means that only shares available to investors rather than all of a company’s issued shares are used in calculating the Index, and exclude shares closely held by control groups, other publicly traded companies or government agencies. Market capitalisation is the share price of a company multiplied by the number of shares issued. Shares that are liquid mean that they can easily be bought and sold in normal market conditions. The maximum weighting of each constituent in the Index is capped at 10% at each rebalance. Therefore, in between Index rebalances, the weighting of any constituent could exceed 10% of the Index. The Fund intends to replicate the Index by holding the equity securities, which make up the Index, in similar proportions to it. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to off-set the costs of the Fund. The investment manager may use financial derivative instruments (FDIs) (i.e. investments the prices of which are based on, one or more underlying assets) to help achieve the Fund’s investment objective. FDIs may be used for direct investment purposes. The use of FDIs is expected to be limited for this Share Class. Recommendation: This Fund is suitable for medium to long term investment, though the Fund may also be suitable for shorter term exposure to the Index. Your shares will be accumulating shares (i.e. income will be included in their value).