BlackRock Asset Management Canada Limited (iShares)

BlackRock Asset Management Canada Limited (iShares)

August 15, 2016 07:55 ET

BlackRock® Canada Announces August Cash Distributions for the iShares® ETFs

TORONTO, ONTARIO--(Marketwired - Aug. 15, 2016) - (TSX:CBD) (TSX:CBD.A) (TSX:CBH) (TSX:CBH.A) (TSX:CBN) (TSX:CBN.A) (TSX:CBO) (TSX:CBO.A) (TSX:CDZ) (TSX:CDZ.A) (TSX:CEW) (TSX:CEW.A) (TSX:CHB) (TSX:CHB.A) (TSX:CLF) (TSX:CLF.A) (TSX:CLG) (TSX:CLG.A) (TSX:CMR) (TSX:CMR.A) (TSX:CPD) (TSX:CPD.A) (TSX:CSD) (TSX:CSD.A) (TSX:CUD) (TSX:CUD.A) (TSX:CVD) (TSX:CVD.A) (TSX:CYH) (TSX:CYH.A) (TSX:FIE) (TSX:FIE.A) (TSX:XBB) (TSX:XCB) (TSX:XDV) (TSX:XEB) (TSX:XEI) (TSX:XFN) (TSX:XFR) (TSX:XGB) (TSX:XHB) (TSX:XHD) (TSX:XHU) (TSX:XHY) (TSX:XIG) (TSX:XIU) (TSX:XLB) (TSX:XPF) (TSX:XQB) (TSX:XQB.A) (TSX:XRE) (TSX:XSB) (TSX:XSC) (TSX:XSE) (TSX:XSH) (TSX:XSI) (TSX:XSQ) (TSX:XTR) (TSX:XUT)

BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the August 2016 cash distributions for the iShares ETFs listed on the Toronto Stock Exchange which pay on a monthly basis as well as XIU. Unitholders of record of a fund on August 26, 2016 will receive cash distributions payable in respect of that fund on August 31, 2016.

Effective August, 2016, XIU plans to shift the timing of its quarterly cash distributions. As a result, any cash distributions are expected to be made in February, May, August, and November. XIU may also make an additional cash and/or reinvested distribution payment in December, if necessary, to meet its obligation to distribute all net income and capital gains each calendar year.

Details regarding the "per unit" distribution amounts are as follows:

Fund Name Fund Ticker Cash Distribution Per Unit ($)
iShares Balanced Income CorePortfolio™ Index ETF CBD 0.06790
CBD.A 0.04147
iShares 1-10 Year Laddered Corporate Bond Index ETF CBH 0.06187
CBH.A 0.05240
iShares Balanced Growth CorePortfolio™ Index ETF CBN 0.04340
CBN.A 0.02398
iShares 1-5 Year Laddered Corporate Bond Index ETF CBO 0.04532
CBO.A 0.03642
iShares S&P®/TSX® Canadian Dividend Aristocrats Index ETF CDZ 0.08590
CDZ.A 0.06948
iShares Equal Weight Banc & Lifeco ETF CEW 0.02600
CEW.A 0.03250
iShares U.S. High Yield Fixed Income Index ETF (CAD-Hedged) CHB 0.09298
CHB.A 0.08392
iShares 1-5 Year Laddered Government Bond Index ETF CLF 0.04562
CLF.A 0.03660
iShares 1-10 Year Laddered Government Bond Index ETF CLG 0.05034
CLG.A 0.04088
iShares S&P/TSX Canadian Preferred Share Index ETF CPD 0.05609
CPD.A 0.05033
iShares Short Duration High Income ETF (CAD-Hedged) CSD 0.07288
CSD.A 0.06395
iShares US Dividend Growers Index ETF (CAD-Hedged) CUD 0.05168
CUD.A 0.03052
iShares Convertible Bond Index ETF CVD 0.06796
CVD.A 0.05850
iShares Global Monthly Dividend Index ETF (CAD-Hedged) CYH 0.05609
CYH.A 0.05198
iShares Canadian Financial Monthly Income ETF FIE 0.04000
FIE.A 0.04000
iShares Canadian Universe Bond Index ETF XBB 0.07161
iShares Canadian Corporate Bond Index ETF XCB 0.05559
iShares Canadian Select Dividend Index ETF XDV 0.08425
iShares J.P. Morgan USD Emerging Markets Bond Index ETF (CAD-Hedged) XEB 0.06305
iShares Core S&P/TSX Composite High Dividend Index ETF XEI 0.07936
iShares S&P/TSX Capped Financials Index ETF XFN 0.09174
iShares Floating Rate Index ETF XFR 0.01325
iShares Canadian Government Bond Index ETF XGB 0.04479
iShares Canadian HYBrid Corporate Bond Index ETF XHB 0.07440
iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) XHD 0.05919
iShares U.S. High Dividend Equity Index ETF XHU 0.04875
iShares U.S. High Yield Bond Index ETF (CAD-Hedged) XHY 0.09118
iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) XIG 0.05941
iShares S&P/TSX 60 Index ETF XIU 0.15128
iShares Core Canadian Long Term Bond Index ETF XLB 0.06994
iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged) XPF 0.07780
iShares Core High Quality Canadian Bond Index ETF XQB 0.04569
XQB.A 0.03569
iShares S&P/TSX Capped REIT Index ETF XRE 0.06682
iShares Canadian Short Term Bond Index ETF XSB 0.05431
iShares Conservative Short Term Strategic Fixed Income ETF XSC 0.05386
iShares Conservative Strategic Fixed Income ETF XSE 0.06739
iShares Core Canadian Short Term Corporate + Maple Bond Index ETF XSH 0.04917
iShares Short Term Strategic Fixed Income ETF XSI 0.05191
iShares Core Short Term High Quality Canadian Bond Index ETF XSQ 0.03656
iShares Diversified Monthly Income ETF XTR 0.05000
iShares S&P/TSX Capped Utilities Index ETF XUT 0.06560

Estimated August Cash Distributions for the iShares Premium Money Market ETF

The August cash distributions per unit for the iShares Premium Money Market ETF are estimated to be as follows:

Fund Name Fund Ticker Estimated Cash Distribution Per Unit ($)
iShares Premium Money Market ETF CMR 0.01915
CMR.A 0.00672

BlackRock Canada expects to issue a press release on or about August 25, 2016, which will provide the final amounts for the iShares Premium Money Market ETF.

Further information on the iShares Funds can be found at www.blackrock.com/ca.

About BlackRock

BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At June 30, 2016, BlackRock's AUM was US$4.890 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of June 30, 2016, the firm had approximately 12,700 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company's website at www.blackrock.com/ca / Twitter: @BlackRockCA / Blog: www.blackrockblog.com/can

About iShares ETFs

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 700 funds globally across multiple asset classes and strategies and more than US$1 trillion in assets under management as of June 30, 2016, 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 firm.1

1 Based on US$4.890 trillion in AUM as of 6/30/16.

iShares® ETFs are managed by BlackRock Asset Management Canada Limited.

Commissions, trailing commissions, management fees and expenses all may be associated with investing in iShares ETFs. Please read the relevant prospectus before investing. Fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. The fund is not guaranteed, its values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.

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