iShares II plc FTSE EPRA/NAREIT Asia Property Yield UCITS ETF (IASP)

The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the FTSE EPRA/Nareit Developed Asia Dividend + Index, the Fund’s benchmark index. The Share Class, via the Fund, aims to invest so far as possible and practicable in the equity securities (e.g. shares of listed real estate companies and Real Estate Investment Trusts (REITs)) that make up the benchmark index. REITs are closed-ended investment vehicles that invest in, manage and own, real estate. The benchmark index measures the performance of REITs and real estate holding and development companies from developed Asian countries which are constituents of the FTSE EPRA/Nareit Developed Asia Index, and pay above average or a high level of income as a dividend. The benchmark index offers exposure to listed real estate companies and Real Estate Investment Trusts (REITs) from developed Asian countries and includes those equity securities which have a forecasted dividend yield of equal to, or greater than, 2%. Companies are included in the benchmark index based on the proportion of their shares in issue that are available for purchase by international investors. The Fund does not hold physical real estate property, but invests indirectly in property-related assets (i.e. the shares of listed real estate companies and REITs). The investment manager may use financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets) for efficient portfolio management purposes (i.e. to reduce risk within the Fund’s portfolio, reduce investment costs and generate additional income). FDIs may be used for direct investment purposes.