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The fund has a policy to invest only in the investment units of the iShare MSCI South Korea ETF (master fund). The master fund seek to track the investment results of MSCI Korea 25/50 (Benchmark), which primarily consists of stocks traded on the Stock Market Division of the Korea Exchange. The Underlying Index is a free floatadjusted market capitalization-weighted index with a capping methodology applied to issuer weights so that no single issuer exceeds 25% of the Underlying Index weight, and all issuers with a weight above 5% do not cumulatively exceed 50% of the Underlying Index weight. The Underlying Index will include large- and midcapitalization companies and may change over time.
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