Press Release iShares Trust Announced Zero Year-End Capital Gains Distributions for All Domestic ETFs and 11 International ETFs
San Francisco - December 14, 2001 - iShares Trust announced today that the year-end capital gains distributions are zero for all iShares domestic exchange-traded funds and 11 iShares international ETFs, including the iShares MSCI EAFE Index Fund. iShares Trust is providing this information in an effort to assist investors with year-end tax and investment planning. iShares are designed to have relatively low portfolio turnover, which minimizes capital gains distributions to investors.
Barclays Global Investors is the world's largest institutional investment manager, and the world's largest provider of structured investment strategies such as indexing, tactical asset allocation, and quantitative active strategies*. BGI managed more than $700 billion in assets as of 9/30/01, and over 1,500 funds, which track over 200 global indexes, for nearly 2,000 clients in 40 countries around the world. BGI has approximately 2,000 employees worldwide and is owned by Barclays PLC.
* Source: "Special Report: Global Leaders." Pensions & Investments, (Sept. 2000), p.15 This information must be preceded or accompanied by a prospectus. For the iShares, Trust prospectus, please click here. Investors should read it carefully before investing. For standardized average annual total returns, click here. There are risks involved with investing, including possible loss of principal. iShares are distributed by SEI Investments Distribution Co. (SEI). Barclays Global Fund Advisors (BGFA) serves as an advisor to iShares. Barclays Global Investors Services (BGIS) assists in the marketing of iShares. BGFA and BGIS are subsidiaries of Barclays Global Investors, N.A., none of which is affiliated with SEI. Generally regulated investment companies, including iShares, are obliged to distribute substantially all of their portfolio gains to shareholders at year end regardless of performance. Certain of these iShares Funds distributed portfolio gains in December of 2000. Distributions of net short term capital gains are treated as ordinary income dividends. Trading iShares will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. The tax consequences of dividend distributions may vary by individual taxpayer. Past performance is no guarantee of future results. To receive the distribution, you must be a registered shareholder of the fund on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions. The annual management fees of iShares may be substantially less than those of most mutual funds. iShares transactions will result in brokerage commissions, but the savings from lower annual fees can help offset these costs. iShares may be sold throughout the day on the exchange through any brokerage account. However, iShares may only be redeemed directly from the fund by Authorized Participants, in very large creation/redemption units. The information provided represents an estimate of the distribution per share as of the date of the report. This estimate does not take into account any possible tax reclassifications, nor does this estimate contemplate changes in income or shares outstanding that may occur prior to record date. This estimate is for informational purposes only. Please consult your tax professional or financial adviser for more information regarding your tax situation. In addition to the normal risks associated with equity investing, narrowly focused investments, investments in smaller companies and investments in single countries typically exhibit higher volatility. International investments may involve risk of capital loss from unfavorable fluctuation in currency vales, from differences in generally accepted accounting principles or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. iShares are not sponsored, endorsed, sold or promoted by Dow Jones & Company, Inc., Frank Russell Company, Goldman Sachs, MSCI, Nasdaq, Cohen & Steers or Standard & Poor's. Nor do these companies make any representation regarding the advisability of investing in iShares. iShares are not FDIC Insured. Have No Bank Guarantee. May Lose Value. www.ishares.com 1-800-iSHARES (1-800-474-2737) ©2001, 2004 Barclays Global Investors. All rights reserved. iShares is a registered trademark of Barclays Global Investors, N.A. All other trademarks, servicemarks or registered trademarks are the property of their respective owners. As of December 1, 2009, the former Barclays Global Investors entities referred to in this publication are owned and controlled ultimately by BlackRock Inc. and neither Barclays nor any Barclays affiliate is responsible for, or associated with, the contents of this publication. Help for Journalists iShares offers insights on ETFs and financial news topics. Journalists may request information, photos or media support by contacting the PR Group. Experts Members of the press can select from a list of investment categories to find iShares experts who can assist with stories. Please contact a member of Public Relations to speak with any of our experts. About iShares Learn more about the past, present and future of iShares. The Idea The Facts The Timeline The Growth |
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