iShares, Inc.

Form Type: 497

Filing Date: 2024-12-30

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312524286769

Comments: On December 30, 2024, iShares, Inc. issued a Supplement to the Summary Prospectus, Prospectus, and Statement of Additional Information for the iShares Frontier and Select EM ETF (FM). This follows an announcement made on June 7, 2024, regarding the start of an extended liquidation period for the Fund. The final trading date is set for January 6, 2025, after which the creation and redemption of Creation Units will cease. Trading will halt before market open on January 7, 2025. Proceeds from the liquidation are to be distributed to shareholders around January 9, 2025. The Fund currently holds a significant portion of its assets in cash and cash equivalents, allowing shareholders to sell their shares until the market close on January 6, 2025, incurring standard brokerage fees. Shares will be redeemed automatically for cash on the Liquidation Date based on the net asset value calculated at the close of business on January 6, 2025, inclusive of any dividends. It is noted that there may not be a trading market for the shares during the period between the close on January 6, 2025, and the Liquidation Date. The liquidation may produce taxable events for U.S. federal income tax purposes, which could involve capital gains or losses and may include taxable distributions. Shareholders are advised to consult their tax advisors for impact assessments.

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