Ishares Enhanced Emerging Markets Equity Active ENHE

Under normal circumstances, the fund seeks to invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in equity securities of issuers located in, or economically tied to, emerging markets and derivatives that provide investment exposure to such securities or to one or more market risk factors associated with such securities. The MSCI EM Index is a capitalization-weighted index that, as of December 31, 2025, captures large- and mid-cap representation across 24 emerging markets countries. It is non-diversified.