iShares ESG Balanced ETF Portfolio

The investment objective of the Fund is to provide long term capital growth. The Fund income by investing primarily in one or more exchange-traded funds managed by BlackRock Canada or an affiliate iShares ETFs that provide exposure to equity and/or fixed income securities. The iShares ETFs in which the Fund invests generally employ environmental, social and governance ESG oriented investment strategies or primarily invest in government bonds. The Fund will be managed in accordance with a long term strategic asset allocation of approximately 60% equity exposure and approximately 40 Percentage fixed income exposure.