iShares Short Term Strategic Fixed Income ETF

The investment objective of the Fund is to generate income for unitholders by investing primarily in securities of one or more exchange traded funds managed by BlackRock Canada or an affiliate iShares ETFs that provide exposure to fixed income securities, including government bonds, investment grade corporate bonds, high yield securities, emerging market debt and other types of fixed income investments. Exposure to these types of fixed income investments may also be obtained by investing directly in them and/or through the use of derivatives. To achieve its investment objective the Fund may invest in, or obtain exposure to, securities denominated in Canadian dollars as well as securities denominated in U.S. dollars and other foreign currencies. The Fund also invests in derivatives such as options, futures contracts, forward contracts, swaps and debt-like securities to hedge or protect against changes in asset class prices or foreign exchange risks.