Exhibit (d.3)
Schedule A
to the
Investment Advisory Agreement dated December 1, 2009
between
iShares, Inc.
and
BlackRock Fund Advisors
Advisory Fee for the Category I Funds:
--------------------------------------
0.59% per annum of the aggregate net assets of the Category I Funds less than or
equal to $7.0 billion
plus 0.54% per annum of the aggregate net assets of the Category I Funds over
$7.0 billion, up to and including $11.0 billion
plus 0.49% per annum of the aggregate net assets of the Category I Funds over
$11.0 billion, up to and including $24.0 billion
plus 0.44% per annum of the aggregate net assets of the Category I Funds over
$24.0 billion, up to and including $48.0 billion
plus 0.40% per annum of the aggregate net assets of the Category I Funds in
excess of $48.0 billion
Category I Funds:
iShares MSCI Australia Index Fund
iShares MSCI Austria Investable Market Index Fund
iShares MSCI Belgium Investable Market Index Fund
iShares MSCI Canada Index Fund
iShares MSCI EMU Index Fund
iShares MSCI France Index Fund
iShares MSCI Germany Index Fund
iShares MSCI Hong Kong Index Fund
iShares MSCI Ireland Capped Investable Market Index Fund*
iShares MSCI Italy Index Fund
iShares MSCI Japan Index Fund
iShares MSCI Japan Small Cap Index Fund
iShares MSCI Malaysia Index Fund
iShares MSCI Mexico Investable Market Index Fund
iShares MSCI Netherlands Investable Market Index Fund
iShares MSCI New Zealand Investable Market Index Fund*
iShares MSCI Singapore Index Fund
iShares MSCI Spain Index Fund
iShares MSCI Sweden Index Fund
iShares MSCI Switzerland Index Fund
iShares MSCI United Kingdom Index Fund
Advisory Fee for Category II Funds:
-----------------------------------
0.74% per annum of the aggregate net assets of the Category II Funds less than
or equal to $2.0 billion
plus 0.69% per annum of the aggregate net assets of the Category II Funds over
$2.0 billion, up to and including $4.0 billion
plus 0.64% per annum of the aggregate net assets of the Category II Funds over
$4.0 billion, up to and including $8.0 billion
plus 0.57% per annum of the aggregate net assets of the Category II Funds over
$8.0 billion, up to and including $16.0 billion
plus 0.51% per annum of the aggregate net assets of the Category II Funds in
excess of $16.0 billion
Category II Funds:
iShares MSCI All Peru Capped Index Fund*
iShares MSCI Brazil Index Fund
iShares MSCI Brazil Small Cap Index Fund*
iShares MSCI Chile Investable Market Index Fund
iShares MSCI China Small Cap Index Fund*
iShares MSCI Indonesia Investable Market Index Fund*
iShares MSCI Israel Capped Investable Market Index Fund
iShares MSCI Philippines Investable Market Index Fund*
iShares MSCI Poland Investable Market Index Fund*
iShares MSCI Russia Capped Index Fund**
iShares MSCI South Africa Index Fund
iShares MSCI South Korea Index Fund
iShares MSCI Taiwan Index Fund
iShares MSCI Thailand Investable Market Index Fund
iShares MSCI Turkey Investable Market Index Fund
Advisory Fee for Category III Funds:
------------------------------------
0.50% per annum of the aggregate net assets of the Category III Funds
Category III Funds:
iShares MSCI Pacific ex-Japan Index Fund
Advisory Fee for Category IV Funds:
-----------------------------------
0.75% per annum of the aggregate net assets of the Category IV Funds less than
or equal to $14.0 billion
plus 0.68% per annum of the aggregate net assets of the Category IV Funds over
$14.0 billion, up to and including $28.0 billion
plus 0.61% per annum of the aggregate net assets of the Category IV Funds in
excess of $28.0 billion
Category IV Funds:
iShares MSCI All Country Asia ex Japan Index Fund*
iShares MSCI BRIC Index Fund
iShares MSCI Emerging Markets Eastern Europe Index Fund
iShares MSCI Emerging Markets Financials Sector Index Fund*
iShares MSCI Emerging Markets Index Fund
iShares MSCI Emerging Markets Materials Sector Index Fund*
FUND ANNUAL FEE
--------------------------- ----------
iShares MSCI USA Index Fund 0.15%
* This Fund is a fund of iShares Trust.
** This Fund is a fund of iShares MSCI Russia Capped Index Fund, Inc.
Amended and Approved by the Board of Directors of iShares, Inc. on June 15-16,
2010.
