iShares S&P SmallCap 600 Value Index Fund (the Fund) seeks investment results that correspond generally to the price and yield performance of the S&P SmallCap 600/Citigroup Value Index (the Value Index). The Value Index measures the performance of the small-capitalization value sector of the United States equity market. The Value Index is a subset of the S&P SmallCap 600 Index and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest value characteristics within the S&P SmallCap 600 Index, representing approximately 52% of the market capitalization of the Standard & Poor's SmallCap 600 Index. The Fund invests in a representative sample of securities included in the Value Index that collectively has an investment profile similar to the Value Index. The Fund’s investment advisor is Barclays Global Fund Advisors, a subsidiary of Barclays Global Investors, N.A.