iShares Index Funds may be traded through a broker or distributor of certificates and securities duly qualified and belonging to the securities distribution system, either directly or through a home broker. The trading of iShares Index Fund quotas takes place on the BM&FBovespa during the market’s hours of operation.

Brokerage fees depend on each broker. Refer to the fees charged by each broker before making your investment.

No. The Fund Manager acts merely in the management of the iShares Index Funds. The investor may trade quotas on the BM&FBovespa or, if he wishes to pay for or redeem a minimum lot of shares, he must seek out an Authorized Agent, but the investor always trades through a broker.

The iShares Index Fund quotas are cleared in three business days (D+3), as are all transactions involving the trading of quotas on the BM&FBovespa.

When received, all rights relative to the stocks that comprise the portfolio of the fund will automatically be reinvested in the iShares Index Fund, without distribution to the shareholders of the fund except under circumstances involving the redemption or pay-out of quotas or liquidation of the fund.

The cost will be the trading price obtained on the stock market, plus the BM&FBovespa fees and the brokerage fee applied by your broker. The administrative fee expenses, as well as any eventual income deriving from the lending of stocks comprising the portfolio, shall be included in the fund quotas.

Provided that the trades are done on the secondary market – purchases and sales on the stock market – the settlement will be done in cash.

The minimum investment to purchase quotas of an iShares Index Fund on the secondary market corresponds to the block trading pattern on the BM&FBovespa, which in turn corresponds to 100 (one hundred) quotas of the fund, multiplied by the share price on the Brazilian stock market. This makes iShares Index Funds an accessible investment for investors of various profiles.

On the primary market, however, the minimum lot of a creation order for iShares Index Funds is 100,000 (one hundred thousand) quotas.

There is no waiting period. You can sell when you want, without being subject to short-term restrictions or the payment of exit/redemption fees. It is even possible to buy and sell quotas of the iShares Index Funds on the same day.

Yes. To do so, click on “register” at the top of the home page, register your e-mail address, and select the funds on which you would like to receive information.