Fund Description: iShares MSCI Europe Financials ETF, formerly iShares MSCI Europe Financials Sector Index Fund, is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the iShares Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The iShares MSCI Europe Financials ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Europe Financials Index. INDEX DESCRIPTION: The MSCI Europe Financials Index is a free float-adjusted market capitalization weighted index designed to measure the combined equity market performance of the financials sector of developed market countries in Europe. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies. As of November 30, 2009, the Index consisted of companies in the following countries: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. FUND STRATEGY: The Fund seeks to achieve its objective by investing primarily in securities issued by issuers that comprise its Index and through transactions that provide substantially similar exposure to securities in the Index. The Fund engages in representative sampling, which is investing in a sample of securities that have a collective investment profile similar to that of the Index. Securities selected have aggregate investment characteristics (based on market capitalization and industry weightings), fundamental characteristics (such as return variability, earnings valuation and yield) and liquidity measures similar to those of the Index. Funds that use representative sampling generally do not hold all of the securities that are in the Index. FUND MANAGEMENT: BlackRock Fund Advisors (BFA) serves as the investment adviser to the Fund.