Title: musg-ishares-msci-usa-swap-ucits-etf-fund-fact-sheet-en-gb URL Source: https://is.gd/2kT3qQ Markdown Content: # PASSIVE # MUSG # iShares MSCI USA Swap UCITS ETF # Hedged British Pound (Distributing) # iShares VI plc # March 2025 Performance, Portfolio Breakdowns and Net Asset information as at: 31-Mar-2025. All other data as at 15-Apr-2025. This document is marketing material. For Investors in the UK. Investors should read the KIID/PRIIPs document and prospectus prior to investing, and should refer to the prospectus for the funds full list of risks. FUND OVERVIEW The Fund aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the net total return of the MSCI USA Index, the Fund’s benchmark index (Index). KEY BENEFITS 1. Indirect exposure to an index which offers exposure to large- and mid-capitalisation stocks of the US equity market 2. The fund tracks the performance of the index through total return swaps 3. Designed for investors wanting exposure to US equities through total return swaps. RISK INDICATOR Lower Risk Higher Risk Potentially Lower Rewards Potentially Higher Rewards 1 2 3 4 5 6 7 CAPITAL AT RISK: The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested. KEY RISKS: The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. Derivatives may be highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way. Counterparty Risk: The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Share Class to financial loss. The Fund’s ability to track the benchmark’s performance is reliant on the counterparties to continuously deliver the performance of the benchmark in line with the swap agreements (i.e. counterparty risk) and would also be affected by any spread between the pricing of the swaps and the pricing of the benchmark. If any swap counterparty fails to provide sufficient assets as security for amounts owed to the Fund, there might be an increased counterparty risk exposure at a given time. PRODUCT INFORMATION ISIN : IE000DLDNVK1 Share Class Launch Date : 26-Mar-2025 Share Class Currency : GBP Total Expense Ratio : 0.05% Use of Income : Distributing Net Assets of Share Class (M) : 0.01 GBP KEY FACTS Asset Class : Equity Benchmark : MSCI Developed - US Net TR Index Fund Launch Date : 27-Oct-2022 Fund Base Currency : USD Distribution Frequency : Semi-Annual Net Assets of Fund (M) : 1,324.55 USD SFDR Classification : Other Domicile : Ireland Methodology : Swap Issuing Company : iShares VI plc Product Structure : Synthetic ISA Eligibility : Yes SIPP Available : Yes UK Reporting Status : - PORTFOLIO CHARACTERISTICS Price to Book Ratio : 5.05x Price to Earnings Ratio : 29.09x Number of Holdings : 155 Contact Us For EMEA: +44-207-743-2030 • www.blackrock.com • investor.services@blackrock.com # iShares MSCI USA Swap UCITS ETF # Hedged British Pound (Distributing) # iShares VI plc CALENDAR YEAR PERFORMANCE Returns not available as there is less than one year performance data. GROWTH OF HYPOTHETICAL 10,000 GBP SINCE INCEPTION Returns not available as there is less than one year performance data. CUMULATIVE & ANNUALISED PERFORMANCE Returns not available as there is less than one year performance data. The figures shown relate to past performance. Past performance is not a reliable indicator of current or future performance and should not be the sole factor of consideration when selecting a product or strategy. Share Class and Benchmark performance displayed in GBP, hedged share class benchmark performance is displayed in USD. Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: BlackRock Share Class iShares MSCI USA Swap UCITS ETFHedged British Pound (Distributing) Benchmark MSCI Developed - US Net TR Index Contact Us For EMEA: +44-207-743-2030 • www.blackrock.com • investor.services@blackrock.com # iShares MSCI USA Swap UCITS ETF # Hedged British Pound (Distributing) # iShares VI plc TOP 10 HOLDINGS (%) MSCI USA INDEX 100.00% APPLE INC 4.22% MICROSOFT CORP 4.19% AMAZON COM INC 4.11% PROCTER & GAMBLE 4.10% TESLA INC 3.98% ALPHABET INC CLASS A 3.76% ABBVIE INC 3.51% NVIDIA CORP 3.31% PALANTIR TECHNOLOGIES INC CLASS A 3.26% Total of Portfolio 134.44% > Holdings are subject to change. SECTOR BREAKDOWN (%) Fund > Allocations are subject to change. Source: BlackRock TRADING INFORMATION Exchange London Stock Exchange Ticker MUSG Bloomberg Ticker MUSG LN RIC MUSG.L SEDOL BS6V068 Listing Currency GBP Contact Us For EMEA: +44-207-743-2030 • www.blackrock.com • investor.services@blackrock.com # iShares MSCI USA Swap UCITS ETF # Hedged British Pound (Distributing) # iShares VI plc GLOSSARY SFDR Classification: Article 8: Products that promote environmental or social characteristics and promote good governance practices. Article 9: Products that have sustainable investments as an objective and follow good governance practices. Other: Products that do not meet the criteria to be classified as Article 8 or 9. Price to Earnings: A valuation ratio of a company's current share price compared to its per-share earnings in the current forecast year, calculated as current share price divided by current earnings per share. Price to Book Ratio: represents the ratio of the current closing price of the share to the latest quarter's book value per share. IMPORTANT INFORMATION: In the UK and Non-European Economic Area (EEA) countries: This is issued by BlackRock Advisors (UK) Limited, which is authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL, Tel: +44-207-743-2030. Registered in England and Wales No. 00796793. For your protection, calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock. iShares plc, iShares II plc, iShares III plc, iShares IV plc, iShares V plc, iShares VI plc and iShares VII plc (together 'the Companies') are open-ended investment companies with variable capital having segregated liability between their funds organised under the laws of Ireland and authorised by the Central Bank of Ireland. Further information about the Fund and the Share Class, such as details of the key underlying investments of the Share Class and share prices, is available on the iShares website at www.ishares.com or by calling +44 (0)845 357 7000 or from your broker or financial adviser. The indicative intra-day net asset value of the Share Class is available at http://deutsche-boerse.com and/or http://www.reuters.com. A UCITS ETF’s units / shares that have been acquired on the secondary market cannot usually be sold directly back to the UCITS ETF itself. Investors who are n Authorised Participants must buy and sell shares on a secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees and additional taxes in doing so. In addition, as the market price at which the Shares are traded on the secondary market may differ from the Net Asset Value per Share, investors may pay more than the then current Net Asset Value per Share when buying shares and may receive less than the current Net Asset Value per Share when selling them. For investors in the UK: This document is marketing material. This document is intended for information purposes only and does not constitute investment advice or an offer to sell or a solicitation of an offer to buy the products described within and no steps may be taken which would constitute or result in a public offering in the UK. This document is strictly confidential and may not be distributed without authorisation from BlackRock Advisors (UK) Limited. Any decision to invest must be based solely on the information contained in the Prospectus, Base Prospectus, Key Investor Information Document, Key Information Document and the latest half-yearly report and unaudited accounts and/or annual report and audited accounts which are available at www.ishares.com in English. Investors should read the specific risks in the Key Investor Information Document, the Key Information Document the Prospectus and the Base Prospectus. BlackRock may terminate marketing at any time. Capital at risk: Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy. Changes in the rates of exchange between currencies may cause the value of investments to diminish or increase. Fluctuation may be particularly marked in the case of a higher volatility fund and the value of an investment may fall suddenly and substantially. Levels and basis of taxation may change from time to time. BlackRock has not considered the suitability of this investment against your individual needs and risk tolerance. The data displayed provides summary information. Investment should be made on the basis of the relevant Prospectus which is available from the manager. The products mentioned in this document are intended for information purposes only and do not constitute investment advice or an offer to sell or a solicitation of an offer to buy the securities described within. This document may not be distributed without authorisation from BlackRock. Restricted Investors: This document is not, and under no circumstances is to be construed as an advertisement or any other step in furtherance of a public offering of shares in the United States or Canada. This document is not aimed at persons who are resident in the United States, Canada or any province or territory thereof, where the companies/securities are not authorised or registered for distribution and where no prospectus has been filed with any securities commission or regulatory authority. The companies/securities may not be acquired or owned by, or acquired with the assets of, an ERISA Plan. iShares funds are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or any index on which such funds are based. The Prospectus contains a more detailed description of the limited relationship that MSCI has with BlackRock and any related funds. Any research in this document has been procured and may have been acted on by BlackRock for its own purpose. The results of such research are being made available only incidentally. The views expressed do not constitute investment or any other advice and are subject to change. They do not necessarily reflect the views of any company in the BlackRock Group or any part thereof and no assurances are made as to their accuracy. © 2025 BlackRock, Inc. All Rights reserved. BLACKROCK, BLACKROCK SOLUTIONS and iSHARES are trademarks of BlackRock, Inc. or its subsidiaries in the United States and elsewhere. All other trademarks are those of their respective owners.