iShares Global Government Bond USD Hedged Active ETF

ARCA

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400 Howard Street,San Francisco,California,United States

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94105-2618

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The investment seeks investment results, before fees and expenses, that track the performance of the Markit iBoxx EUR Germany Sovereign & Sub-Sovereign Liquid Index. The fund normally invests substantially all of its assets in fixed-rate debt securities of the Federal Republic of Germany ("Sovereign") as well as local governments and entities or agencies guaranteed by various German governments ("Sub-Sovereign") issuers and may invest in derivatives that ProShare Advisors believes, in combination, should track the performance of the index. The index seeks to track the performance of Sovereign and Sub-Sovereign issuers. The fund is non-diversified.