Market Overview

BlackRock Announces Change to iShares Commodities Lineup


BlackRock, Inc. (NYSE:BLK) plans to close and liquidate the following
iShares exchange-traded product based on the ongoing review of its
product lineup to ensure it meets the evolving needs of clients.

Ticker     ETF Name     Inception Date


    iShares Commodity Optimized Trust     8/8/13

iShares Commodity Optimized Trust (CMDT) will no longer accept creation
and redemption orders after market close (4:00 pm ET) on October 10,
2018. Trading in CMDT will be suspended prior to market open on October
11, 2018. Proceeds of the liquidation are currently scheduled to be sent
to shareholders on October 15, 2018.

iShares offers broad-based commodities exposure through the iShares
Bloomberg Roll Select Commodity Strategy ETF (CMDY). CMDY was launched
in April 2018 to provide exposure, on a total return basis, to a
diversified group of commodities including agriculture, energy and
metals. CMDY is designed to simplify tax filings, as it does not require
K-1 tax reporting.

For more information, please call 1-800-iShares (1-800-474-2737).

About BlackRock

BlackRock helps investors build better financial futures. As a fiduciary
to our clients, we provide the investment and technology solutions they
need when planning for their most important goals. As of June 30, 2018,
the firm managed approximately $6.3 trillion in assets on behalf of
investors worldwide. For additional information on BlackRock, please
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About iShares

iShares® is a global leader in exchange-traded funds
(ETFs), with more than a decade of expertise and commitment to
individual and institutional investors of all sizes. With over 800 funds
globally across multiple asset classes and strategies and more than $1.8
trillion in assets under management as of June 30, 2018, iShares
helps clients around the world build the core of their portfolios, meet
specific investment goals and implement market views. iShares
funds are powered by the expert portfolio and risk management of
BlackRock, trusted to manage more money than any other investment firm1.

1 Based on $6.3 trillion in AUM as of 6/30/18

This information must be preceded or accompanied by a current
for the iShares Commodity Optimized Trust ("the
Trust"). Investors should read it carefully before investing.

The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the
"Sponsor"). BlackRock Investments, LLC ("BRIL"), assists in the
promotion of the Trust. The Sponsor and BRIL are affiliates of
BlackRock, Inc. The Sponsor has broad discretion to liquidate the Trust
at any time. The Trust could be liquidated at a time when the
disposition of its interests will result in losses to investors. Shares
of the Trust are not deposits or other obligations of or guaranteed by
BlackRock, Inc., and its affiliates, and are not insured by the Federal
Deposit Insurance Corporation or any other governmental agency

Prospective investors in CMDY should carefully consider the CMDY's
investment objectives, risk factors, and charges and expenses before
investing. This and other information can be found in CMDY's prospectus
and summary prospectus which may be obtained by visiting
Prospective investors in CMDY should read the prospectus carefully
before investing.

The iShares Bloomberg Roll Select Commodity Strategy ETF ("CMDY") is
actively managed and does not seek to replicate the performance of a
specified index. CMDY may have a higher portfolio turnover than funds
that seek to replicate the performance of an index. CMDY is a commodity
pool, as defined in the Commodity Exchange Act and the applicable
regulations of the Commodity Futures Trading Commission, or "CFTC," and
is managed by its Advisor, BlackRock Fund Advisors, a commodity pool
operator registered with the CFTC.

CMDY's use of derivatives may reduce the CMDY's returns and/or increase
volatility and subject CMDY to counterparty risk, which is the risk that
the other party in the transaction will not fulfill its contractual
obligation. Commodity futures trading may be illiquid. In addition,
suspensions or disruptions of market trading in the commodities markets
and related futures markets may adversely affect the value of CMDY.
Certain derivatives may give rise to a form of leverage and may expose
CMDY to greater risk and increase its costs. To the extent that CMDY
invests in rolling futures contracts, it may be subject to additional
risk. An increase in interest rates may cause the value of fixed-income
securities held by CMDY to decline.

Investing in commodity-linked derivatives and commodity-related
companies may increase volatility. Price movements are outside of CMDY's
control and may be influenced by weather and climate conditions,
livestock disease, war, terrorism, political conflicts and economic
events, interest rates, currency and exchange rates, government
regulation and taxation. Commodity futures trading may be illiquid. In
addition, suspensions or disruptions of market trading in the
commodities markets and related futures markets may adversely affect the
value of CMDY.

The iShares Funds are distributed by BlackRock Investments, LLC
(together with its affiliates, "BlackRock").

©2018 BlackRock. iSHARES and BLACKROCK are registered
trademarks of BlackRock. All other marks are the property of their
respective owners.


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