iShares MSCI Japan Index Fund (the Fund) is a non-diversified fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Japanese market, as measured by the MSCI Japan Index (the Index). The Index consists of stocks traded primarily on the Tokyo Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Index is reviewed quarterly. BlackRock Fund Advisors (BFA) serves as the investment advisor to the Fund.