Does investing in iShares involve risk?
Yes. Because iShares represent portfolios of stock, they are subject to the risk that the general level of stock prices will decline. If the value of an underlying index falls, the value of the corresponding iShares will decline as well. In addition, the level of an underlying index and the value of the related iShares will continue to be reported even if trading is interrupted in some or all of the component stocks of the index. As a result, reported index levels and iShares price quotations may at times be based on non-current price information with respect to some or even all of the component stocks of the underlying index. iShares may trade below, at, or above net asset value. Although passive management and diversification are intended to reduce risk, indexing is not necessarily safer than active management.
