iShares

Why Invest Internationally?

While most U.S. investors tend to focus their portfolios around domestic securities, more than 75% of global economic output and over half of the world's equity market capitalization comes from countries outside of the U.S.* Investing internationally can provide access to companies, technologies, and even entire industries that do not exist in domestic markets.

A strategic allocation to international securities may enhance a portfolio's risk-adjusted returns, provide portfolio diversification, and offer opportunities to seek higher performance. And when those securities are not hedged, international investing can offer pure exposure to local equity and currency returns.

*Source: Data on world GDP and market cap from World Bank 12/31/11
Past performance does not guarantee future results.

Carefully consider the iShares 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 (1-800-474-2737), or by viewing or downloading a prospectus. Read the prospectus carefully before investing.

Investing involves risk, including possible loss of principal.

Diversification may not protect against market risk or loss of principal.

This material represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events, or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any security in particular.

In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, 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 as well as increased volatility and lower trading volume. Narrowly focused investments may be subject to higher volatility.

The iShares Funds are not sponsored, endorsed, issued, sold or promoted by FTSE International Limited ("FTSE") or MSCI Inc. Neither of these companies make any representation regarding the advisability of investing in the Funds. BlackRock is not affiliated with the companies listed above.

"FTSE®" is a trademark jointly owned by the London Stock Exchange Plc and The Financial Times Limited and is used by FTSE under license.

The iShares Funds ("Funds") are distributed by BlackRock Investments, LLC (together with its affiliates, "BlackRock").

© 2000-2013 BlackRock. All rights reserved. iSHARES® and BLACKROCK® are registered trademarks of BlackRock. All other marks are the property of their respective owners.

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