Common use of Principal Risks of Investing Clause in Contracts

Principal Risks of Investing. The Fund is subject to the risks of fixed income investments and U.S. Treasury obligations risk as well as the risks and special considerations associated with investing in an index fund. Additional principal risks are identified in the Fund’s prospectus. iShares TIPS Bond ETF

Principal Risks of Investing. The Fund is subject to the risks of fixed fixed-income investments investments, including, but not limited to, borrowing risk, dollar rolls risk, emerging markets risk, leverage risk, liquidity risk, market and selection risk, credit risk and U.S. Treasury obligations risk as well as government issuer risk. In addition, because the Fund may invest a portion of its assets in derivative instruments, the Fund is exposed to the risks and special considerations associated with investing in an index fund. Additional principal risks are identified in the Fund’s prospectus. iShares TIPS Bond ETFsuch investments.

Principal Risks of Investing. The Fund is subject to market risk and to the risks of fixed income investments and U.S. Treasury obligations risk as well as the risks and special considerations associated with investing in an index fund. Additional principal risks are identified in the Fund’s prospectus. iShares TIPS Short Treasury Bond ETF

Principal Risks of Investing. The Fund is subject to market risk and to the risks risk of fixed income investments and U.S. Treasury obligations risk as well as the risks and special considerations associated with investing in an index fund. Additional principal risks are identified in the Fund’s prospectus. iShares TIPS Short Treasury Bond ETF

Principal Risks of Investing. The Fund is subject to the risks of fixed income investments market risk and U.S. Treasury obligations equity securities risk as well as the risks and special considerations associated with investing in an index fund. Additional principal risks are identified in the Fund’s 's prospectus. iShares TIPS Bond MSCI USA ESG Select ETF

Principal Risks of Investing. The Fund is subject to the risks of fixed income investments market risk, equity securities risk and U.S. Treasury obligations real estate investment risk as well as the risks and special considerations associated with investing in an index fund. Additional principal risks are identified in the Fund’s 's prospectus. iShares TIPS 1-3 Year Treasury Bond ETFETF‌‌‌

Principal Risks of Investing. The Fund is subject to the risks of fixed fixed-income investments investments, mortgage- and U.S. Treasury obligations risk as well as the risks asset-backed securities, and special considerations associated with investing in an index fundjunk bonds. Additional principal risks are identified in the Fund’s prospectus. iShares TIPS Bond ETFCASH ALLOCATION ACCOUNT Many of the Portfolios invest in the Cash Allocation Account.

Principal Risks of Investing. The Fund is subject to market risk, equity securities risk, the risks risk of fixed income investments investing in emerging markets and U.S. Treasury obligations ESG investment strategy risk as well as the risks and special considerations associated with investing in an index fund. Additional principal risks are identified in the Fund’s prospectus. MIXED ASSET FUND‌ iShares TIPS Bond Core Moderate Allocation ETF

Principal Risks of Investing. The Fund is subject to the risks of fixed fixed-income investments and mortgage- and asset-backed securities, and U.S. Treasury obligations risk as well as the risks and special considerations associated with investing in an index fundGovernment issuer risk. Additional principal risks are identified in the Fund’s prospectus. iShares TIPS BlackRock Inflation Protected Bond ETFPortfolio

Principal Risks of Investing. The Fund is subject to the risks of fixed fixed-income investments and mortgage- and asset-backed securities, and U.S. Treasury obligations risk as well as the risks and special considerations associated with investing in an index fundGovernment issuer risk. Additional principal risks are identified in the Fund’s prospectus. iShares TIPS BlackRock High Yield Bond ETFPortfolio

Principal Risks of Investing. The Fund is subject to the risks of fixed fixed-income investments investments, mortgage- and U.S. Treasury obligations risk as well as the risks asset-backed securities, and special considerations associated with investing in an index fundjunk bonds. Additional principal risks are identified in the Fund’s prospectus. iShares TIPS Bond ETFCASH ALLOCATION ACCOUNT‌ Many of the Portfolios invest in the Cash Allocation Account.