A Fund seeking to match the performance of the Morgan Stanley Capital International EAFE Index (the "EAFE Index") as closely as possible before the deduction of Fund expenses.
The Fund uses a proprietary quantitative investment approach, Stratified Sampling with Optimization, that
attempts to replicate, before expenses, the characteristics and performance of the EAFE Index.
Stratified sampling statistically identifies a sample of more liquid equity securities included in the EAFE
Index. Selected securities are optimized to construct a portfolio that mimics as closely as possible the
market capitalization, industry weightings and other key fundamental characteristics of the EAFE Index.
Stratified Sampling with Optimization allows construction of a portfolio using the most liquid names in the
EAFE Index in order to minimize transaction costs, while still achieving fundamental portfolio-level
characteristics very close to those of the EAFE Index.
The Fund seeks its investment objective by investing all of its investable assets in the Master International Index Series, a portfolio of the Quantitative Master Series LLC, which is managed by BlackRock Advisors, LLC. BlackRock Advisors, LLC on behalf of the Series, has a sub-advisory agreement with BlackRock Investment Management, LLC.