BlackRock Asset Management Canada Limited (iShares)

BlackRock Asset Management Canada Limited (iShares)

September 04, 2015 18:23 ET

BlackRock® Canada Announces Final Dissolution Proceeds Relating to the Termination of Certain iShares Funds

TORONTO, ONTARIO--(Marketwired - Sept. 4, 2015) -

(TSX:CBR)(TSX:CBR.A)(TSX:CLO)(TSX:CLO.A)(TSX:CHI)(TSX:CHI.A)(TSX:CMW)(TSX:CMW.A)(TSX:XLA)(TSX:XVX)

BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. ("BlackRock") (NYSE:BLK) today announces additional information regarding the termination of following funds (collectively, the "Terminating Funds") that was announced on June 18, 2015.

Fund Name Ticker
iShares Broad Commodity Index ETF (CAD-Hedged) CBR, CBR.A
iShares Oil Sands Index ETF CLO, CLO.A
iShares China All-Cap Index ETF CHI, CHI.A
iShares S&P/TSX Global Mining Index ETF CMW, CMW.A
iShares Latin America Index ETF XLA
iShares S&P/TSX Venture Index ETF XVX

The common units and advisor class units of the Terminating Funds, as applicable, were delisted from the Toronto Stock Exchange on August 27, 2015. The final net asset value and termination proceeds of each of the Terminating Funds were determined on September 4, 2015. The final distributions, net asset value and termination proceeds per unit of each of the Terminating Funds are as follows:

Fund Name Ticker Distributions Post-Distribution
Net Asset
Value per Unit
Final Proceeds
of Termination
per Unit
Income
per Unit
Capital Gains
per Unit
iShares Broad Commodity Index ETF (CAD-Hedged) CBR $0.00000 $0.00000 $19.35020 $19.35020
CBR.A $0.00000 $0.00000 $18.55899 $18.55899
iShares Oil Sands Index ETF CLO $0.06699 $0.00000 $6.95412 $7.02111
CLO.A $0.00648 $0.00000 $6.94164 $6.94812
iShares China All-Cap Index ETF CHI $0.12314 $0.00000 $23.85728 $23.98042
CHI.A $0.00000 $0.00000 $23.49701 $23.49701
iShares S&P/TSX Global Mining Index ETF CMW $0.00000 $0.00000 $9.96843 $9.96843
CMW.A $0.00000 $0.00000 $9.94296 $9.94296
iShares Latin America Index ETF XLA $0.00000 $0.00000 $13.84400 $13.84400
iShares S&P/TSX Venture Index ETF XVX $0.01358 $0.00000 $6.61828 $6.63186

Each unitholder will receive the final proceeds of termination per unit as disclosed above. The final proceeds of termination consist of the final income and/or capital gains per unit distribution, if applicable, plus the post distribution net asset value per unit.

Except with respect to the units of CBR and CBR.A, remaining holders of units of the Terminating Funds will receive their respective dissolution proceeds on or about September 10, 2015. Remaining holders of units of CBR and CBR.A will receive their respective dissolution proceeds on or about September 18, 2015. Following these distributions with respect to a Terminating Fund, such Terminating Fund will be dissolved.

About BlackRock

BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At June 30, 2015, BlackRock's AUM was $4.721 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 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 www.blackrock.com/ca / Twitter: @BlackRockCA / Blog: www.blackrockblog.com/can

About iShares

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 $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)

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. 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.

© 2015 BlackRock Asset Management Canada Limited. All rights reserved. iSHARES® and BLACKROCK® are registered trademarks of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. Used with permission.

(1) Based on $4.721in AUM as of 6/30/15.

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