497 1 d926596d497.htm FORM 497 Form 497

iShares®

iShares Trust and iShares, Inc.

Supplement dated June 27, 2025 (the “Supplement”) to the currently effective

Statement of Additional Information (“SAI”)

for the Funds listed in Appendix A (each, a “Fund” and collectively, the “Funds”)

Effective April 1, 2025, the Portfolio Managers for each Fund are Jennifer Hsui, Paul Whitehead, Matt Waldron, Peter Sietsema, and Steven White. Accordingly, the following changes were made:

In the section “Investment Advisory, Administrative and Distribution Services – Portfolio Managers” of the Fund’s SAI, the following table listing each Portfolio Manager’s other types of portfolios and/or accounts (excluding the series of iShares, Inc., iShares Trust and iShares U.S. ETF Trust) is deleted in its entirety and replaced with the following as of February 28, 2025:

Jennifer Hsui

 

Types of Accounts

    Number        Total Assets

Registered Investment Companies

    94      $306,291,000,000

Other Pooled Investment Vehicles

    4      900,000

Other Accounts

    0      N/A

Paul Whitehead

 

Types of Accounts

    Number        Total Assets

Registered Investment Companies

    95      $308,286,000,000

Other Pooled Investment Vehicles

    344      1,168,725,000,000

Other Accounts

    137      775,965,000,000

Matt Waldron

 

Types of Accounts

    Number        Total Assets

Registered Investment Companies

    0      N/A

Other Pooled Investment Vehicles

    0      N/A

Other Accounts

    0      N/A

Peter Sietsema

 

Types of Accounts

    Number        Total Assets

Registered Investment Companies

    58      $136,896,000,000

Other Pooled Investment Vehicles

    3      104,000,000

Other Accounts

    4      4,519,000,000

Steven White

 

Types of Accounts

    Number        Total Assets

Registered Investment Companies

    0      N/A

Other Pooled Investment Vehicles

    0      N/A

Other Accounts

    0      N/A

1. In the section “Investment Advisory, Administrative and Distribution Services – Portfolio Managers” of the Fund’s SAI, the following is added to the table listing each Portfolio Manager’s portfolios or accounts with respect to which the investment management fees are based on the performance of those portfolios or accounts as of February 28, 2025:

Jennifer Hsui

 

Types of Accounts

    Number of Other
Accounts with
Performance Fees
Managed by Portfolio
Manager		        Aggregate of Total
Assets

Registered Investment Companies

    0      N/A

Other Pooled Investment Vehicles

    0      N/A

Other Accounts

    0      N/A

Paul Whitehead

 

Types of Accounts

    Number of Other
Accounts with
Performance Fees
Managed by Portfolio
Manager		        Aggregate of Total
Assets

Registered Investment Companies

    0      N/A

Other Pooled Investment Vehicles

    0      N/A

Other Accounts

    0      N/A

Matt Waldron

 

Types of Accounts

    Number of Other
Accounts with
Performance Fees
Managed by Portfolio
Manager		        Aggregate of Total
Assets

Registered Investment Companies

    0      N/A

Other Pooled Investment Vehicles

    0      N/A

Other Accounts

    0      N/A

Peter Sietsema

 

Types of Accounts

    Number of Other
Accounts with
Performance Fees
Managed by Portfolio
Manager		        Aggregate of Total
Assets

Registered Investment Companies

    0      N/A

Other Pooled Investment Vehicles

    0      N/A

Other Accounts

    0      N/A

Steven White

 

Types of Accounts

    Number of Other
Accounts with
Performance Fees
Managed by Portfolio
Manager		        Aggregate of Total
Assets

Registered Investment Companies

    0      N/A

Other Pooled Investment Vehicles

    0      N/A

Other Accounts

    0      N/A

2. In the section “Investment Advisory, Administrative and Distribution Services – Portfolio Managers” of the Fund’s SAI, the following information as of February 28, 2025 is added to the table listing each Portfolio Manager’s beneficial ownership of shares of the Funds for which they are primarily responsible for the day-to-day management:

Jennifer Hsui

 

    Dollar Range
     $1 to
$10k		   $10,001
to $50k		   $50,001
to $100k		   $100,001
to $500k		   $500,001
to $1m		   over
$1m

iShares Core MSCI EAFE ETF

   X          

iShares Core MSCI Emerging Markets ETF

         X    

iShares Core S&P 500 ETF

         X    

iShares Core S&P Mid-Cap ETF

         X    

iShares Core S&P Small-Cap ETF

         X    

iShares ESG Aware MSCI EM ETF

     X        

iShares Expended Tech Sector ETF

     X        

iShares MSCI EAFE ETF

       X      

iShares MSCI Emerging Markets ETF

   X          

iShares MSCI USA ESG Select ETF

     X        

iShares Russell 3000 ETF

         X    

iShares S&P 500 Value ETF

   X          

iShares U.S. Utilities ETF

       X      

Paul Whitehead

 

    Dollar Range
     $1 to
$10k		   $10,001
to $50k		   $50,001
to $100k		   $100,001
to $500k		   $500,001
to $1m		   over
$1m

iShares Core Dividend Growth ETF

   X          

iShares Core MSCI Emerging Markets ETF

   X          

iShares Core S&P 500 ETF

     X        

iShares Global Tech ETF

   X          

iShares MSCI EAFE ETF

   X          

iShares MSCI USA Quality Factor ETF

   X          

iShares MSCI USA Min Vol Factor ETF

   X          

iShares Russell 1000 ETF

   X          

iShares S&P 100 ETF

   X          

iShares S&P 500 Growth ETF

   X          

iShares U.S. Technology ETF

   X          

Matthew Waldron

 

    Dollar Range
     $1 to
$10k		   $10,001
to $50k		   $50,001
to $100k		   $100,001
to $500k		   $500,001
to $1m		   over
$1m

iShares MSCI Europe Small-Cap ETF

   X          

iShares MSCI Germany ETF

     X        

iShares MSCI USA ETF

     X        

iShares U.S. Oil Equipment & Services ETF

   X          

Peter Sietsema

 

    Dollar Range
     $1 to
$10k		   $10,001
to $50k		   $50,001
to $100k		   $100,001
to $500k		   $500,001
to $1m		   over
$1m

iShares U.S. Small-Cap Equity Factor ETF

     X        

Steven White

 

    Dollar Range
     $1 to
$10k		   $10,001
to $50k		   $50,001
to $100k		   $100,001
to $500k		   $500,001
to $1m		   over
$1m

iShares Exponential Technologies ETF

     X        

iShares MSCI ACWI ETF

       X      

iShares MSCI Global Min Vol Factor ETF

       X      

iShares MSCI USA ESG Select ETF

     X        

iShares Russell 3000 ETF

     X        

3. All references to Greg Savage are hereby removed for the Funds.

If you have any questions, please call 1-800-iShares (1-800-474-2737).

Appendix A

iShares Asia/Pacific Dividend ETF

iShares China Large-Cap ETF

iShares Core High Dividend ETF

iShares Emerging Markets Dividend ETF

iShares Environmentally Aware Real Estate ETF

iShares Global Clean Energy ETF

iShares Global Equity Factor ETF

iShares Global REIT ETF

iShares International Developed Real Estate ETF

iShares International Equity Factor ETF

iShares International Select Dividend ETF

iShares International Small-Cap Equity Factor ETF

iShares MSCI EAFE Growth ETF

iShares MSCI EAFE Min Vol Factor ETF

iShares MSCI EAFE Small-Cap ETF

iShares MSCI EAFE Value ETF

iShares MSCI Europe Small-Cap ETF

iShares MSCI Intl Momentum Factor ETF

iShares MSCI Intl Quality Factor ETF

iShares MSCI Intl Value Factor ETF

iShares Select Dividend ETF

 

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