being the Tranche Number 1427 of iShares Physical Gold ETC issued under its Secured Precious Metal Linked Securities Programme (the "Securities")
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in this Base Prospectus dated 14 October 2020 which constitutes a Base Prospectus for the purposes of the Prospectus Regulation (Regulation (EU) 2017/1129) (the "Prospectus Regulation"). This document constitutes the final terms of the Securities described herein for the purposes of Article 8.4 of the Prospectus Regulation and must be read in conjunction with such Base Prospectus (as so supplemented). Full information on the Issuer and the offer of the Securities is only available on the basis of the combination of these Final Terms and this Base Prospectus. This Base Prospectus, KIDs and any Supplement to this Base Prospectus are available for viewing on the website maintained on behalf of the Issuer at www.iShares.com, at the registered office of the Issuer and at the specified office of the Initial Registrar and copies may be obtained from the office of the Initial Registrar. A summary of the individual issue is annexed to these Final Terms.