iShares
 
Stock 98.85%
Cash0.03%
Other* 1.13%
*May include dividends booked but not yet received.

Holdings Detail as of 5/15/2012  (Holdings subject to change)

Symbol Name % Net
Assets 		Market
Value ($) 		ISIN Market Sector Exchange
Rate
NOK1V NOKIA OYJ 10.50 $244,394 FI0009000681 XHEL Information Technology 0.78
SAMAS SAMPO OYJ-A SHS 9.43 $219,581 FI0009003305 XHEL Financials 0.78
KNEBV KONE OYJ-B 8.04 $187,271 FI0009013403 XHEL Industrials 0.78
FUM1V FORTUM OYJ 7.96 $185,394 FI0009007132 XHEL Utilities 0.78
WRT1V WARTSILA OYJ ABP 5.82 $135,609 FI0009003727 XHEL Industrials 0.78
NRE1V NOKIAN RENKAAT OYJ 5.39 $125,531 FI0009005318 XHEL Consumer Discretionary 0.78
UPM1V UPM-KYMMENE OYJ 4.87 $113,359 FI0009005987 XHEL Materials 0.78
MEO1V METSO OYJ 4.30 $100,070 FI0009007835 XHEL Industrials 0.78
STERV STORA ENSO OYJ-R SHS 3.68 $85,704 FI0009005961 XHEL Materials 0.78
ELI1V ELISA OYJ 3.23 $75,264 FI0009007884 XHEL Telecom Services 0.78
YTY1V YIT OYJ 2.22 $51,591 FI0009800643 XHEL Industrials 0.78
OTE1V OUTOTEC OYJ 2.20 $51,177 FI0009014575 XHEL Industrials 0.78
ORNBV ORION OYJ-CLASS B 2.07 $48,276 FI0009014377 XHEL Health Care 0.78
KESBV KESKO OYJ-B SHS 1.87 $43,457 FI0009000202 XHEL Consumer Staples 0.78
POH1S POHJOLA BANK PLC-A SHS 1.70 $39,477 FI0009003222 XHEL Financials 0.78
AMEAS AMER SPORTS OYJ 1.63 $38,007 FI0009000285 XHEL Consumer Discretionary 0.78
HUH1V HUHTAMAKI OYJ 1.55 $36,135 FI0009000459 XHEL Materials 0.78
NES1V NESTE OIL OYJ 1.48 $34,492 FI0009013296 XHEL Energy 0.78
KCR1V KONECRANES OYJ 1.47 $34,313 FI0009005870 XHEL Industrials 0.78
OUT1V OUTOKUMPU OYJ 1.45 $33,710 FI0009002422 XHEL Materials 0.78
KRA1V KEMIRA OYJ 1.29 $30,117 FI0009004824 XHEL Materials 0.78
CGCBV CARGOTEC OYJ-B SHARE 1.24 $28,910 FI0009013429 XHEL Industrials 0.78
TIE1V TIETO OYJ 1.20 $28,025 FI0009000277 XHEL Information Technology 0.78
SDA1V SPONDA OYJ 1.16 $27,094 FI0009006829 XHEL Financials 0.78
TIK1V TIKKURILA OY 1.01 $23,453 FI4000008719 XHEL Materials 0.78
SAA1V SANOMA OYJ 0.89 $20,782 FI0009007694 XHEL Consumer Discretionary 0.78
UNR1V UPONOR OYJ 0.88 $20,436 FI0009002158 XHEL Industrials 0.78
STCBV STOCKMANN OYJ ABP-B SHARE 0.85 $19,806 FI0009000251 XHEL Consumer Discretionary 0.78
CTY1S CITYCON OYJ 0.80 $18,609 FI0009002471 XHEL Financials 0.78
RTRKS RAUTARUUKKI OYJ 0.80 $18,526 FI0009003552 XHEL Materials 0.78
VAC1V VACON OYJ 0.76 $17,608 FI0009009567 XHEL Industrials 0.78
LAT1V LASSILA&TIKANOJA OYJ 0.72 $16,754 FI0009010854 XHEL Industrials 0.78
RAIVV RAISIO PLC-V SHS 0.70 $16,264 FI0009002943 XHEL Consumer Staples 0.78
RMR1V RAMIRENT OYJ 0.69 $16,160 FI0009007066 XHEL Industrials 0.78
METSB METSA BOARD OYJ 0.68 $15,856 FI0009000665 XHEL Materials 0.78
POY1V POYRY OYJ 0.53 $12,345 FI0009006696 XHEL Industrials 0.78
TLV1V TALVIVAARA MINING CO PLC 0.51 $11,795 FI0009014716 XHEL Materials 0.78
CRA1V CRAMO OYJ 0.50 $11,696 FI0009900476 XHEL Industrials 0.78
TPS1V TECHNOPOLIS OYJ 0.50 $11,694 FI0009006886 XHEL Financials 0.78
OKDBV ORIOLA-KD OYJ B SHARES 0.49 $11,497 FI0009014351 XHEL Health Care 0.78
PKC1V PKC GROUP OYJ 0.45 $10,578 FI0009006381 XHEL Industrials 0.78
BTH1V BIOTIE THERAPIES OYJ 0.31 $7,187 FI0009011571 XHEL Health Care 0.78
FSC1V F-SECURE OYJ 0.29 $6,681 FI0009801310 XHEL Information Technology 0.78
HKSAV HK-RUOKATALO OYJ-A SHS 0.28 $6,636 FI0009006308 XHEL Consumer Staples 0.78
PON1V PONSSE OYJ 0.22 $5,187 FI0009005078 XHEL Industrials 0.78
ATRAV ATRIA GROUP PLC 0.22 $5,145 FI0009006548 XHEL Consumer Staples 0.78
-- BLACKROCK FDS III 0.03 $623 -- S-T Securities 1.00
 

*Securities primarily traded in the U.S. market use CUSIP identifiers. Securities primarily traded abroad use a 6-digit SEDOL™ with a trailing check digit and a "99" at the beginning for internal coding purposes. If a SEDOL™ is unavailable, the first seven digits of the ISIN are used.

Please note: Total allocation percentages may not equal 100% due to rounding or omission of holdings of less than 1%. Information on certain fund holdings of less than 1% may not be widely available and may not be included in this list.

SEDOL™ is a trademark of the London Stock Exchange plc and used under license.

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