iShares IV plc (ICOM) Diversified Commodity Swap UCITS ETF (USD)

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 Bloomberg Commodity USD Total Return Index, the Fund’s benchmark index (Index). The Index is designed to measure the performance of the return on commodity futures contracts comprised within the Bloomberg Commodity Index (BCOM) combinedwith the notional value of such futures invested at the most recent weekly auction rate for 3 Month US Treasury Bills. BCOM is designed to be a highly liquid anddiversified benchmark for commodities investments, representing energy, agriculture, industrial metals, precious metals and livestock sectors. BCOM is designed toprovide broad based exposure to commodities as an asset class, since no single commodity or commodity sector is dominant. BCOM is weighted based on theproduction of the underlying commodities (i.e. the higher the volume of production of a commodity, the higher the weighting of that commodity in the BCOM) and onthe liquidity of the futures contracts on the underlying commodities. With the exception of several metals contracts (i.e. aluminium, lead, tin, nickel and zinc) that tradeon the London Metal Exchange and the contract for Brent crude oil, each of the commodities that are available for inclusion in the Index is the subject of at least onefutures contract that trades on a US exchange. The Fund invests in financial derivative instruments (FDIs) and will in particular invest in unfunded total return swaps in order to achieve its investment objective. Aswap agreement is typically used to achieve a specified return determined by an underlying such as a return on an index. The Fund may also invest in equity securities (e.g. shares), fixed income securities (e.g. bonds) and collective investment schemes to meet its payment obligationsunder the swaps. The Fund intends to replicate the performance of the Index by gaining an indirect exposure, via FDIs, to the individual constituents of the Index.

• Leverage -
• Currency hedgingNo

• Value Assessment review date31 March 2025
• Value Assessment next review date -
• Is Assessment of Value required under COLL?No
• Outcome of COLL Assessment of Value -
• Outcome of PRIN Value Assessment or reviewProduct expected to provide fair value for reasonably foreseeable period
• Other review related to value and or charges -
• Further information-