Core Insights - BlackRock Canada is implementing changes to two of its funds, specifically the iShares Exponential Technologies Index ETF and the iShares India Index ETF, aimed at enhancing their performance and cost-effectiveness [1][5]. Group 1: iShares Exponential Technologies Index ETF (XEXP) - XEXP will undergo significant changes in its index methodology, including a shift to quarterly reviews instead of annual ones, effective from September 19, 2025 [2][3]. - The index will replace certain exponential technology themes, removing big data & analytics, hyperconnectivity, and energy transition, while introducing artificial intelligence, cybersecurity & defense technology, and energy innovation themes [3]. - The index will transition from an equal-weighted structure to a float-adjusted market capitalization-weighted structure, with a cap of 4% on individual issuers and 25% on each technology theme [3][4]. - These changes are expected to lead to higher portfolio turnover and transaction costs for XEXP, potentially resulting in net capital gains [2][4]. Group 2: iShares India Index ETF (XID) - The annual management fee for XID will be reduced from 0.98% to 0.74%, effective September 12, 2025, reflecting the firm's strategy to leverage its scale for investor benefits [5][6]. - The total annual fee structure will remain unchanged, ensuring that the fees paid directly or indirectly to BlackRock Canada do not exceed the specified percentage of the net asset value [5][6]. - There will be no changes to the investment objectives or trading symbol of XID, and current unitholders are not required to take any action due to this fee reduction [6].