iShares Trust Announces Estimated Year - End Capital Gains Distributions.Business Editors SAN FRANCISCO--(BUSINESS WIRE)--October 12, 2000 iShares iShares Index funds that trade like stocks on stock markets. Each share represents a proportion of ownership in each stock that makes up an index. Notes: iShares are a great way for smaller investors to get the diversification of 50 or more companies without having to buy Trust (the "Trust") today announced an estimate of the year-end year-end also year·end n. The end of a year. adj. Occurring or done at the end of the year: a year-end audit. Noun 1. capital gain distributions for the iShares Index Funds that make up the Trust. This release is based on preliminary calculations and is subject to change, due to changes in the number of outstanding shares and certain tax adjustments which may effect this calculation. The Trust is releasing information at this time to serve the best interests of the shareholders, by assisting them in evaluating the impact of capital gains on their tax liability. Final dividends and tax characteristics will be available in December 2000.
Product Name Ticker Net Assets Capital Gains
as of 9/29/00 in as of % of Net
US $MM Assets
iShares Dow Jones U.S.
Basic Materials Index IYM 7.8 0.30%
iShares Dow Jones U.S.
Chemicals Index Fund IYD 15.8 0.64%
iShares Dow Jones U.S.
Consumer Cyclical Index
Fund IYC 14.6 0.36%
iShares Dow Jones U.S.
Consumer Non-Cyclical
Index IYK 14.2 0.06%
iShares Dow Jones U.S. Energy
Sector Index Fund IYE 34.8 0.00%
iShares Dow Jones U.S. Financial
Sector Index Fund IYF 120.0 0.07%
iShares Dow Jones U.S. Financial
Services Index IYG 68.2 0.05%
iShares Dow Jones U.S. Healthcare
Sector Index IYH 29.9 0.22%
iShares Dow Jones U.S. Industrial
Sector Index IYJ 27.3 0.22%
iShares Dow Jones U.S. Internet
Index Fund IYV 71.4 1.98%
iShares Dow Jones U.S. Real Estate
Index Fund IYR 30.3 0.07%
iShares Dow Jones U.S. Technology
Sector Index IYW 126.1 0.29%
iShares Dow Jones U.S. Telecom
Sector Index Fund IYZ 38.3 1.90%
iShares Dow Jones U.S. Total
Market Index Fund IYY 30.6 0.02%
iShares Dow Jones U.S. Utilities
Sector Index Fund IDU 47.9 0.01%
iShares Russell 1000 Growth
Index Fund IWF 61.7 0.24%
iShares Russell 1000 Index
Fund IWB 262.8 -0.05%
iShares Russell 1000 Value
Index Fund IWD 63.8 -0.28%
iShares Russell 2000 Growth
Index Fund IWO 44.3 0.23%
iShares Russell 2000 Index
Fund IWM 233.7 -0.01%
iShares Russell 2000 Value
Index Fund IWN 37.7 0.14%
iShares Russell 3000 Growth
Index Fund IWZ 16.3 0.03%
iShares Russell 3000 Index
Fund IWV 64.0 0.09%
iShares Russell 3000 Value
Index Fund IWW 18.4 0.10%
iShares S&P 500 Index
Fund IVV 1,668.4 0.00%
iShares S&P 500/BARRA Growth
Index Fund IVW 78.6 0.23%
iShares S&P 500/BARRA Value
Index Fund IVE 59.8 0.72%
iShares S&P Europe 350 Index
Fund IEV 14.7 -0.01%
iShares S&P MidCap 400
Index Fund(a) IJH 241.6(a) -0.07%(a)
iShares S&P MidCap 400/BARRA
Growth Index IJK 36.5 0.46%
iShares S&P MidCap 400/BARRA
Value Index IJJ 19.6 0.60%
iShares S&P SmallCap 600
Index Fund IJR 70.6 1.42%
iShares S&P SmallCap 600/BARRA
Growth Index IJT 16.9 0.61%
iShares S&P SmallCap 600/BARRA
Value Index IJS 14.4 0.02%
iShares S&P/TSE 60 Index
Fund IKC 9.3 0.86%
iShares are managed by Barclays Global Fund Advisors ("BGFA BGFA Barclays Global Fund Advisors BGFA Boston Globe Freelancers Association BGFA Barbados Game Fishing Association BGFA Belize Game Fishing Association BGFA Bulk Glass Forming Ability BGFA Berufsgenossenschaftliches Forschungsinstitut for Arbeitsmedizin "), a subsidiary of Barclays Global Investors Barclays Global Investors is a subsidiary of British-based Barclays Bank which is in the investment management industry. It is the largest corporate money manager in the world, with over £936 billion (US$1.77 trillion) under management as of March 2006[1]. . BGFA has been managing exchange traded funds Exchange Traded Funds (ETF) Also known as ETF. A basket of stocks similar to an index mutual fund. However, there are a number of important differences between ETFs and mutual funds. since 1996. For a full list of the 56 currently available iShares exchange traded funds, visit www.ishares.com. Barclays Global Investors is the world's largest institutional investment manager(1), and the world's largest provider of structured investment strategies such as indexing, tactical asset allocation Tactical Asset Allocation (TAA) Portfolio strategy that allows active departures from the normal asset mix according to specified objective measures of value. Often called active management. It involves forecasting asset returns, volatilities, and correlations. , and quantitative active strategies(2). BGI BGI Barclays Global Investors BGI Bainbridge Graduate Institute BGI Bureau Gravimétrique International BGI Borland Graphic Interface (File Name Extension) BGI Bridgetown, Barbados - Grantley Adams International managed more than $833 billion in assets as of 6/30/00, and over 1,500 funds, which track over 200 global indexes, for nearly 1,800 clients in 34 countries around the world. As the creator of the first index strategy more than 25 years ago, BGI is truly an innovator in investment management, applying science and technology to the investment process. BGI has over 1,800 employees worldwide and is owned by Barclays PLC Barclays PLC is a global financial services provider operating in Europe, the United States, the Middle East, Latin America, Australia, Asia and Africa. It is a holding company that is listed in London and New York. It operates through its subsidiary Barclays Bank PLC. , one of the UK's largest companies, and one of the world's leading global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. providers, with operations in about 70 countries worldwide. (a) Assets and estimated capital gains of 10/10/00, all others as of 9/29/00. iShares are distributed by SEI Investments Distribution Company and are listed on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. . Barclays Global Fund Advisors serves as the investment adviser to iShares and is a subsidiary of Barclays Global Investors N.A., neither of which are affiliated with SEI. For more complete information, including charges and expenses, request a prospectus by calling your financial advisor or 1-800-iSHARES (1-800-474-2737). Please read it carefully before you invest or send money. The investment return and principal value of an iShares investment will fluctuate so that an investor's shares, when sold, or Creation Unit(s) when redeemed re·deem tr.v. re·deemed, re·deem·ing, re·deems 1. To recover ownership of by paying a specified sum. 2. To pay off (a promissory note, for example). 3. , may be worth more or less than their original cost. Although iShares may be bought or sold through any brokerage account Brokerage Account An arrangement between an investor and a licensed brokerage firm that allows the investor to deposit funds with the firm and place investment orders through the brokerage, which then carries out the transactions on the investor's behalf. , iShares are not individually redeemable Redeemable Eligible for redemption under the terms of an indenture. from the Funds. Investors may acquire iShares and tender iShares for redemption, through the Fund in Creation Unit aggregations only. All regulated investment companies Regulated investment company An investment company allowed to pass capital gains, dividends, and interest earned on fund investments directly to its shareholders so that it is taxed only at the personal level, and double taxation is avoided. , including iShares are obliged o·blige v. o·bliged, o·blig·ing, o·blig·es v.tr. 1. To constrain by physical, legal, social, or moral means. 2. to distribute portfolio gains to shareholders at year's end. Trading iShares will also generate tax consequences and transaction expenses. The above material is not intended to be tax advice. The tax consequences of dividend distributions may vary by individual taxpayer. Please consult your tax professional or financial adviser for more information with regard to your specific situation. International investments may involve risk of capital loss from unfavorable fluctuations in currency values, from differences in generally accepted accounting principles The standard accounting rules, regulations, and procedures used by companies in maintaining their financial records. Generally accepted accounting principles (GAAP) provide companies and accountants with a consistent set of guidelines that cover both broad accounting or from economic or political instability instability /in·sta·bil·i·ty/ (-stah-bil´i-te) lack of steadiness or stability. detrusor instability in other nations. Emerging markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. Narrowly focused investments, such as those in single countries, typically exhibit higher volatility. 1 Source: Pensions &Investments, July 1999 2 Pensions & Investments, February 2000 iShares are Not FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). Insured. Have No Bank Guarantee. May lose Value. |
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