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Unlike the iShares funds domiciled in Ireland which problem shares, the securities of all iShares Physical ETCs are issued in the form of debt securities that are listed and traded as non-fairness securities. Certain iShares funds could use derivatives, particulars of which will be set out in the related prospectuses. The use of derivatives entails special risks and the iShares funds may be exposed to credit score risk with regard to events with whom it trades.

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