The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment willfluctuate so that an investor’s shares when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 1 800 iShares or by visiting ishares.com. iShares Funds are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Market returns are based upon the midpoint of the bid/ask spread at 4:00 PM Eastern time (when NAV is normally determined for most iShares Funds), and do not represent the returns you would receive if you traded shares at other times.

* “Acquired Fund Fees and Expenses” reflect the Fund’s pro rata share of the indirect fees and expenses incurred by investing in one or more acquired funds, such as mutual
funds, business development companies, or other pooled investment vehicles. Acquired Fund Fees and Expenses are reflected in the prices of the acquired funds and thus included in the total returns on the Fund.

† The total annual operating expenses of the iShares MSCI Taiwan Index Fund include “Other Expenses” of 0.10% for foreign tax expenses based on amounts incurred during the
Fund’s most recent fiscal year.