SCHEDULE A Master Advisory Fee Waiver Agreement for iShares, Inc. (Amended as of December 1-2, 2015) (all percentages are expressed as a percentage of average daily net assets):
Exhibit (d.5)
SCHEDULE A
Master Advisory Fee Waiver Agreement for iShares, Inc.
(Amended as of December 1-2, 2015)
(all percentages are expressed as a percentage of average daily net assets):
Fund |
Advisory Fee Waiver |
Last Day of Term | ||
iShares MSCI Emerging Markets ETF | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust and iShares, Inc. | December 31, 2015 | ||
iShares MSCI All Country World Minimum Volatility ETF | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust and iShares, Inc. | December 31, 2018 | ||
iShares MSCI All Country World Minimum Volatility ETF | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.20%. | December 31, 2018 | ||
iShares MSCI Global Agriculture Producers ETF | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust and iShares, Inc. | December 31, 2018 | ||
iShares MSCI Global Metals & Mining Producers ETF | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust and iShares, Inc. | December 31, 2018 | ||
iShares Core MSCI Emerging Markets ETF | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust and iShares, Inc. | December 31, 2015 | ||
iShares MSCI Emerging Markets Minimum Volatility ETF | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.25%. | December 31, 2018 | ||
iShares Emerging Markets Dividend ETF | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust and iShares, Inc. | August 31, 2017 | ||
iShares Emerging Markets Dividend ETF | With respect to the Fund, any additional portion of its management fee necessary so as not to exceed a net total expense ratio of 0.49%. | August 31, 2017 | ||
iShares MSCI Emerging Markets Asia ETF | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.49%. | December 31, 2018 | ||
iShares International High Yield Bond ETF | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.40%. | February 28, 2017 | ||
iShares Global High Yield Corporate Bond ETF | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.40%. | February 28, 2017 |
iShares FactorSelect MSCI Emerging ETF | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust and iShares, Inc. | December 31, 2016 | ||
iShares Currency Hedged MSCI Emerging Markets ETF | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in iShares MSCI Emerging Markets ETF (EEM).
In addition, with respect to the Fund, a reduction in the management fee on assets attributable to the Fund’s investments in EEM (and those assets used to hedge the currencies in which securities in EEM are denominated against the U.S. dollar) such that it is equal to the total annual fund operating expenses after fee waiver of EEM. |
December 31, 2020 | ||
iShares Currency Hedged MSCI EM Minimum Volatility ETF | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in iShares MSCI Emerging Markets Minimum Volatility ETF (EEMV). | December 31, 2020 | ||
With respect to the Fund, a reduction in the management fee on assets attributable to the Fund’s investments in EEMV (and those assets used to hedge the currencies in which securities in EEMV are denominated against the U.S. dollar) such that it is equal to the total annual operating expenses after fee waiver of EEMV plus 0.03%. | December 31, 2017 |
XXXXXXX, INC. on behalf of each FUND | BLACKROCK FUND ADVISORS | |||||||
By: | /s/ Xxxx Xxx |
By: | /s/ Xxxx Xxxxxx | |||||
Xxxx Xxx | Xxxx Xxxxxx | |||||||
Chief Financial Officer, iShares, Inc. | Managing Director |
Dated: December 1-2, 2015
[Signature Page to Amended Schedule A of Master Advisory Fee Waiver Agreement]