iShares MSCI USA Swap UCITS ETF USD (Acc)

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'sassets, which reflects the net total return of the MSCI USA Index, the Fund's benchmark index (Index). The Fund is passively managed and invests in financial derivative instruments (FDIs). In particular, it will enter into unfunded total return swaps in order to achieve itsinvestment objective. A swap agreement is typically used to achieve a specified return determined by an underlying such as a return on an index. The Fund will alsoinvest in a portfolio of global developed market equity securities (shares) the return on which will be paid to the counterparties to meet the Fund's payment obligationsunder the terms of the unfunded total return swaps. Where investment in total return swaps is not possible or practicable, the Fund may also gain exposure to the Index through investment in other FDIs such as optionsand non-deliverable futures, through investment in other funds and / or through investment in shares that, as far as possible and practicable, represent the componentsecurities of the Index. The Index is designed to measure the performance of large and mid capitalisation stocks of the US equity market which comply with MSCI's size, liquidity, and freefloatcriteria. The Index is market capitalisation weighted and rebalances on a quarterly basis. Free float means that only shares available in the market rather than all of acompany's issued shares are used in calculating the Index. Free float-adjusted market capitalisation is the share price of a company multiplied by the number of sharesreadily available in the market. The Fund intends to track the performance of the Index by gaining an indirect exposure to it via FDIs, particularly unfunded total returnswaps. The price of a derivative changes on a daily basis depending on the value of the underlying reference asset(s) which in turn may affect the value of

Synthetic replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No