iShares Hedged International Equity Idx

The Fund aims to provide investors with the performance of the market, before fees and the cost of hedging, as measured by the MSCI World ex-Australia Net TR Index (hedged in AUD) (index). To achieve its investment objective the Fund invests in units of the iShares Wholesale International Equity Index Fund (underlying fund), another fund managed by the company that has the same (unhedged) investment strategy as the Fund. The Fund also invests in currency forward contacts, which are used to implement the passive currency hedge.