Dynamic iShares Active U.S. Dividend - DXU

DXU seeks to provide long-term capital growth by investing primarily in a broadly diversified portfolio of
equity securities of U.S. based businesses that pay or are expected to pay a dividend or distribution. Exposure to these
types of equity securities will be obtained by investing primarily in Dynamic Active U.S. Dividend Fund (the
“Dynamic AUSD Fund”) and/or by investing directly in them, in securities of one or more Other Funds, and/or
through the use of derivatives. See “Investment Objectives”.