BlackRock Asset Management Canada Limited (iShares)

BlackRock Asset Management Canada Limited (iShares)

August 13, 2015 07:55 ET

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


BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the August 2015 cash distributions for the iShares ETFs listed on the Toronto Stock Exchange which pay on a monthly basis. Unitholders of record of a fund on August 26, 2015 will receive cash distributions payable in respect of that fund on August 31, 2015.

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

Fund Name Fund Ticker Cash Distribution Per Unit ($)
iShares Balanced Income CorePortfolio™ ETF CBD 0.05503
CBD.A 0.03756
iShares 1-10 Year Laddered Corporate Bond Index ETF CBH 0.06293
CBH.A 0.05532
iShares Balanced Growth CorePortfolio™ ETF CBN 0.03222
CBN.A 0.01597
iShares 1-5 Year Laddered Corporate Bond Index ETF CBO 0.05500
CBO.A 0.04600
iShares S&P®/TSX® Canadian Dividend Aristocrats Index ETF CDZ 0.07580
CDZ.A 0.05757
iShares Equal Weight Banc & Lifeco ETF CEW 0.02300
CEW.A 0.03250
iShares U.S. High Yield Fixed Income Index ETF (CAD-Hedged) CHB 0.09624
CHB.A 0.08551
iShares 1-5 Year Laddered Government Bond Index ETF CLF 0.05261
CLF.A 0.04340
iShares 1-10 Year Laddered Government Bond Index ETF CLG 0.05333
CLG.A 0.04395
iShares S&P/TSX Canadian Preferred Share Index ETF CPD 0.05600
CPD.A 0.04950
iShares Advantaged Short Duration High Income ETF (CAD-Hedged) CSD 0.08300
CSD.A 0.07500
iShares US Dividend Growers Index ETF (CAD-Hedged) CUD 0.04844
CUD.A 0.02686
iShares Convertible Bond Index ETF CVD 0.07089
CVD.A 0.06171
iShares Global Monthly Dividend Index ETF CYH 0.04565
CYH.A 0.04020
iShares Canadian Financial Monthly Income ETF FIE 0.04000
FIE.A 0.04000
iShares Canadian Universe Bond Index ETF XBB 0.07486
iShares Canadian Corporate Bond Index ETF XCB 0.05819
iShares Canadian Select Dividend Index ETF XDV 0.08068
iShares J.P. Morgan USD Emerging Markets Bond Index ETF (CAD-Hedged) XEB 0.06676
iShares Core S&P/TSX Composite High Dividend Index ETF XEI 0.08410
iShares S&P/TSX Capped Financials Index ETF XFN 0.08181
iShares Floating Rate Index ETF XFR 0.01447
iShares Canadian Government Bond Index ETF XGB 0.04702
iShares Canadian HYBrid Corporate Bond Index ETF XHB 0.07847
iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) XHD 0.06708
iShares U.S. High Dividend Equity Index ETF XHU 0.05631
iShares U.S. High Yield Bond Index ETF (CAD-Hedged) XHY 0.09418
iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) XIG 0.05246
iShares Core Canadian Long Term Bond Index ETF XLB 0.07233
iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged) XPF 0.07391
iShares Core High Quality Canadian Bond Index ETF XQB 0.04811
XQB.A 0.04056
iShares S&P/TSX Capped REIT Index ETF XRE 0.06664
iShares Canadian Short Term Bond Index ETF XSB 0.05827
iShares Core Canadian Short Term Corporate + Maple Bond Index ETF XSH 0.05143
iShares Short Term Strategic Fixed Income ETF XSI 0.06068
iShares Core Short Term High Quality Canadian Bond Index ETF XSQ 0.03932
iShares Diversified Monthly Income ETF XTR 0.06000
iShares S&P/TSX Capped Utilities Index ETF XUT 0.06764

Explanations for CBO, CBO.A, CPD, and CPD.A distribution rate changes:


As communicated on June 1, FTSE TMX Global Debt Capital Markets Inc. made certain enhancements to CBO's index, which were designed to improve the diversification and liquidity of the index. As a result of these enhancements, the yield to maturity of CBO's portfolio experienced a small increase, while the coupon yield also decreased. CBO's cash distribution reflects this decrease in coupon yield.


The change in CPD's distribution rate is a reflection of the general decline in interest rates in Canada.

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 0.01629
CMR.A 0.00592

BlackRock Canada expects to issue a press release on or about August 25, 2015, which will provide the final amounts for the iShares Premium Money Market ETF.

Further information on the iShares Funds can be found at

About BlackRock

BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At June 30, 2015, BlackRock's AUM was US$4.721 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, 2015, the firm had approximately 12,400 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 / Twitter: @BlackRockCA / Blog:

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, 2015, 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$4.721in AUM as of 6/30/15.

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. 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.

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