Barclays Global Investors (“BGI’) says that beginning in 2008, 55 international iShares funds, all of which previously distributed income annually, will distribute income twice per year. The funds will continue to distribute net capital gains, if any, to shareholders annually, according to a press release.
According to the funds’ current prospectuses, funds will declare and pay distributions from net investment income at least annually; however income distributions may be declared and paid more frequently. The decision to change the income distribution schedule for certain funds was made to increase the efficiency of fund management by lowering trading costs related to distributions.
The 2008 income distribution schedule of all 151 existing iShares funds is available at www.ishares.com.
Beginning this year, the following funds will distribute income semi-annually in June and December of each year:
Ticker Fund Name
FXI iShares FTSE/Xinhua China 25 Index FundEWA iShares MSCI Australia Index FundEWZ iShares MSCI Brazil Index FundEWC iShares MSCI Canada Index FundEFA iShares MSCI EAFE Index FundEEM iShares MSCI Emerging Markets Index FundEWH iShares MSCI Hong Kong Index FundEWM iShares MSCI Malaysia Index FundEWW iShares MSCI Mexico Index FundEPP iShares MSCI Pacific ex-Japan Index FundEWS iShares MSCI Singapore Index FundEWY iShares MSCI South Korea Index FundEWT iShares MSCI Taiwan Index FundEWO iShares MSCI Austria Index FundEWK iShares MSCI Belgium Index FundEBK iShares MSCI BRIC Index FundECH iShares MSCI Chile Index FundEFG iShares MSCI EAFE Growth Index FundSCZ iShares MSCI EAFE Small Cap Index FundEFV iShares MSCI EAFE Value Index FundEZU iShares MSCI EMU Index FundEWQ iShares MSCI France Index FundEWG iShares MSCI Germany Index FundEWI iShares MSCI Italy Index FundEWJ iShares MSCI Japan Index FundSCJ iShares MSCI Japan Small Cap Index FundTOK iShares MSCI Kokusai Index FundEWN iShares MSCI Netherlands Index FundEZA iShares MSCI South Africa Index FundEWP iShares MSCI Spain Index FundEWD iShares MSCI Sweden Index FundEWL iShares MSCI Switzerland Index FundEWU iShares MSCI United Kingdom Index FundAIA iShares S&P Asia 50 Index FundIEV iShares S&P Europe 350 Index FundIOO iShares S&P Global 100 Index FundRXI iShares S&P Global Consumer Discretionary Sector Index FundKXI iShares S&P Global Consumer Staples Sector Index FundIXC iShares S&P Global Energy Sector Index FundIXG iShares S&P Global Financials Sector Index FundIXJ iShares S&P Global Healthcare Sector Index FundIGE iShares S&P GSSITM Natural Resources Index FundIGN iShares S&P GSTITM Networking Index FundIGW iShares S&P GSTITM Semiconductor Index FundIGV iShares S&P GSTITM Software Index FundIGM iShares S&P GSTITM Technology Index FundIGF iShares S&P Global Infrastructure Index FundEXI iShares S&P Global Industrials Sector Index FundMXI iShares S&P Global Materials Sector Index FundIXN iShares S&P Global Technology Sector Index FundIXP iShares S&P Global Telecommunications Sector Index FundJXI iShares S&P Global Utilities Sector Index FundITF iShares S&P TOPIX 150 Index FundILF iShares S&P Latin America 40 Index FundIFSM iShares FTSE Developed Small Cap ex-North America