Fund Description: iShares MSCI Global Energy Producers ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of iShares Inc., an open-end investment management company. INVESTMENT OBJECTIVE: The iShares MSCI Global Energy Producers ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI ACWI Select Energy Producers Investable Market Index. INDEX DESCRIPTION: The MSCI ACWI Select Energy Producers Investable Market Index has been developed by the Index Provider, MSCI Inc., (MSCI) to measure the combined performance of equity securities of companies primarily engaged in the business of energy exploration and production in both developed and emerging markets. MSCI begins with the MSCI All Country World Investable Market Index, and then selects securities of companies that are primarily focused on oil and gas exploration and production and coal and consumable fuels production and mining. FUND STRATEGY: The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside or doing business outside the United States. A passive or indexing approach is used to try to achieve the Fund's investment objective. Unlike many investment companies, the Fund does not try to beat the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued. Indexing may eliminate the chance that the Fund will substantially outperform the Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies. Representative sampling is an indexing strategy that is used which involves investing in a representative sample of securities that collectively has an investment profile similar to the Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Index. The Fund may or may not hold all of the securities in the Index. The Fund generally invests at least 80% of its assets in securities of the Index and in depositary receipts representing securities of the Index. The Fund may invest the remainder of its assets in securities not included in the Index, but which is believed will help the Fund track the Index and in futures contracts, options on futures contracts, options and swaps as well as cash and cash equivalents, including shares of money market funds. FUND MANAGEMENT: BlackRock Fund Advisors (BFA) serves as the investment advisor to the Fund and is primarily responsible for the day-to-day management of the Fund including providing an investment program for the Fund and managing the investment of the Fund’s assets.