Barclays Global Investors Announces Index Provider and Name Changes of the iShares GS $ InvesTop™ Corporate Bond Fund
San Francisco - November 1, 2006 - Barclays Global Investors announced today that the index provider of the iShares GS $ InvesTop(TM) Corporate Bond Fund (ticker: LQD) is International Index Company (IIC) and the Fund is being renamed the iShares iBoxx $ Investment Grade Corporate Bond Fund, as a result of Goldman, Sachs Co. selling its GS $ InvesTop Index to IIC. There will be no change to the investment objective of the Fund and it will continue to be managed and operated in the same manner. There will be no material changes to the index construction methodology due to the change in index provider and the index will continue to represent the liquid, investable portion of the U.S. corporate bond market, and will have 100 index constituents.
The iShares Funds are index funds that are bought and sold like common stocks on securities exchanges. The iShares Funds are attractive to many individual and institutional investors and financial intermediaries because of their relative low cost, tax efficiency and trading flexibility. Investors can purchase and sell shares through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account.
Carefully consider the Funds' investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the Funds' prospectuses, which may be obtained by calling 1-800-iShares or by visiting www.ishares.com. Read the prospectus carefully before investing.
Barclays Global Investors is one of the world's largest asset managers¹ providing structured investment strategies such as risk-controlled active strategies and indexing. In the U.S., BGI is one of the largest active managers², set apart by its risk-controlled approach. BGI manages 65% of the world's 100 largest pension plans³ and is the leader in assets and products in exchange traded funds through its iShares® brand with more than 180 ETFs globally. The firm managed over $1.6 trillion in assets as of 6/30/06, for more than 2,800 clients in 52 countries around the world. BGI is a majority-owned subsidiary of Barclays Bank PLC.
1. Source: "Exchange Traded Funds - First Half of 2006 Global Review," Morgan Stanley, August 21, 2006.
2. Source: "P&I/Watson Wyatt World 500," Pensions & Investments, September 4, 2006.
3. Source: "Special Reports: Money Manager Directory," Pensions & Investments, May 29, 2006.
4. Source: P&I/Watson Wyatt World 300: Largest Pension Funds," Pensions & Investments, September 18, 2006.
There are risks involved with investing, including possible loss of principal. Bonds and bond funds will generally decrease in value as interest rates rise.
Transactions in shares of the iShares Funds ("Funds") will result in brokerage commissions and will generate tax consequences. Mutual funds and iShares Funds are obliged to distribute portfolio gains to shareholders.
Shares of the Funds may be sold throughout the day on the exchange through any brokerage account. However, shares may only be redeemed directly from a Fund by Authorized Participants, in very large creation/redemption units.
The Funds are distributed by SEI Investments Distribution Co. (SEI). Barclays Global Fund Advisors (BGFA) serves as an advisor to the Funds. Barclays Global Investors Services (BGIS) assists in the marketing of the Funds. BGFA and BGIS are subsidiaries of Barclays Global Investors, N.A., which is a majority-owned subsidiary of Barclays Bank PLC, none of which is affiliated with SEI.
©2006 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.
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