BlackRock Asset Management Canada Limited (iShares)

BlackRock Asset Management Canada Limited (iShares)

April 11, 2014 08:00 ET

BlackRock® Announces April Cash Distributions for the iShares® Funds

TORONTO, ONTARIO--(Marketwired - April 11, 2014) -

(TSX:CAB) (TSX:CAB.A) (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:XHY) (TSX:XIG) (TSX:XLB) (TSX:XPF) (TSX:XRE) (TSX:XSB) (TSX:XSH) (TSX:XTR) (TSX:XUT)

BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the April 2014 cash distributions for the iShares Funds listed on the Toronto Stock Exchange which pay on a monthly basis. Unitholders of record of a fund on April 25, 2014 will receive cash distributions payable in respect of that fund on April 30, 2014.

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

Fund Name Fund Ticker Cash Distribution Per Unit ($)
iShares High Quality Canadian Bond Index ETF CAB 0.04949
CAB.A 0.03953
iShares Balanced Income CorePortfolio™ Fund CBD 0.04617
CBD.A 0.03162
iShares 1-10 Year Laddered Corporate Bond Index Fund CBH 0.06495
CBH.A 0.05574
iShares Balanced Growth CorePortfolio™ Fund CBN 0.02530
CBN.A 0.00984
iShares 1-5 Year Laddered Corporate Bond Index Fund CBO 0.06874
CBO.A 0.05737
iShares S&P®/TSX® Canadian Dividend Aristocrats Index Fund CDZ 0.06984
CDZ.A 0.05460
iShares Equal Weight Banc & Lifeco ETF CEW 0.02300
CEW.A 0.03250
iShares Advantaged U.S. High Yield Bond Index ETF (CAD-Hedged) CHB 0.10345
CHB.A 0.09806
iShares 1-5 Year Laddered Government Bond Index Fund CLF 0.05579
CLF.A 0.04682
iShares 1-10 Year Laddered Government Bond Index Fund CLG 0.05461
CLG.A 0.04650
iShares S&P/TSX Canadian Preferred Share Index Fund CPD 0.06206
CPD.A 0.05424
iShares Advantaged Short Duration High Income ETF CSD 0.08300
CSD.A 0.07500
iShares S&P US Dividend Growers Index Fund (CAD-Hedged) CUD 0.03899
CUD.A 0.01929
iShares Convertible Bond Index ETF CVD 0.07837
CVD.A 0.06893
iShares Global Monthly Dividend Index ETF CYH 0.05247
CYH.A 0.04146
iShares Canadian Financial Monthly Income ETF FIE 0.04000
FIE.A 0.04000
iShares Canadian Universe Bond Index ETF XBB 0.08000
iShares Canadian Corporate Bond Index ETF XCB 0.06158
iShares Canadian Select Dividend Index ETF XDV 0.08406
iShares J.P. Morgan USD Emerging Markets Bond Index ETF XEB 0.07204
iShares S&P/TSX Equity Income Index ETF XEI 0.08000
iShares S&P/TSX Capped Financials Index ETF XFN 0.07894
iShares Floating Rate Index ETF XFR 0.02019
iShares Canadian Government Bond Index ETF XGB 0.04812
iShares Canadian HYBrid Corporate Bond Index ETF XHB 0.08226
iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) XHD 0.05436
iShares U.S. High Yield Bond Index ETF (CAD-Hedged) XHY 0.10113
iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) XIG 0.06663
iShares Canadian Long Term Bond Index ETF XLB 0.07839
iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged) XPF 0.08593
iShares S&P/TSX Capped REIT Index ETF XRE 0.06725
iShares Canadian Short Term Bond Index ETF XSB 0.06034
iShares Canadian Short Term Corporate + Maple Bond Index ETF XSH 0.05000
iShares Diversified Monthly Income ETF XTR 0.06000
iShares S&P/TSX Capped Utilities Index ETF XUT 0.06044

The April 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 0.03670
CMR.A 0.02319

BlackRock Canada expects to issue a press release on April 24, 2014, which will provide the final amounts for the iShares Premium Money Market ETF.

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

About BlackRock

BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At December 31, 2013, BlackRock's AUM was US$4.324 trillion. BlackRock helps clients 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®. Headquartered in New York City, as of December 31, 2013, the firm had approximately 11,400 employees in more than 30 countries and a major presence in key 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.

About iShares® ETFs

The iShares business is the global product leader in exchange traded funds with over 600 funds globally across equities, fixed income and commodities, which trade on 20 exchanges worldwide. The iShares Funds are bought and sold like common stocks on securities exchanges. The iShares Funds are attractive to many individual and institutional investors and financial intermediaries because of their relative low cost, tax efficiency and trading flexibility. Investors can purchase and sell shares through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account. The iShares customer base consists of the institutional segment of pension plans and fund managers, as well as the retail segment of financial advisors and high net worth individuals.

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

Commissions, management fees and expenses all may be associated with investing in iShares Funds. Please read the relevant prospectus before investing. The funds are not guaranteed, their 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.

Contact Information

  • Media Relations Contact:
    Tara Wood
    Veritas Communications
    T - 416-955-4571
    C - 416-301-5724
    wood@veritascanada.com