BlackRock Asset Management Canada Limited (iShares)

BlackRock Asset Management Canada Limited (iShares)

May 12, 2017 07:55 ET

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

TORONTO, ONTARIO--(Marketwired - May 12, 2017) - (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:DXC) (TSX:DXO) (TSX:DXP) (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 May 2017 cash distributions for the iShares ETFs listed on the TSX which pay on a monthly basis as well as XIU. Unitholders of record of a fund on May 26, 2017 will receive cash distributions payable in respect of that fund on May 31, 2017.

Effective August, 2016, XIU shifted 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 0.05583
CBD.A 0.03712
iShares 1-10 Year Laddered Corporate Bond Index ETF CBH 0.06162
CBH.A 0.05224
iShares Balanced Growth CorePortfolio™ Index ETF CBN 0.03438
CBN.A 0.01813
iShares 1-5 Year Laddered Corporate Bond Index ETF CBO 0.04405
CBO.A 0.03502
iShares S&P®/TSX® Canadian Dividend Aristocrats Index ETF CDZ 0.08509
CDZ.A 0.06807
iShares Equal Weight Banc & Lifeco ETF CEW 0.02700
CEW.A 0.03250
iShares U.S. High Yield Fixed Income Index ETF (CAD-Hedged) CHB 0.08966
CHB.A 0.08037
iShares 1-5 Year Laddered Government Bond Index ETF CLF 0.04568
CLF.A 0.03681
iShares 1-10 Year Laddered Government Bond Index ETF CLG 0.04956
CLG.A 0.04020
iShares S&P/TSX Canadian Preferred Share Index ETF CPD 0.05415
CPD.A 0.04760
iShares Short Duration High Income ETF (CAD-Hedged) CSD 0.07560
CSD.A 0.06694
iShares US Dividend Growers Index ETF (CAD-Hedged) CUD 0.05621
CUD.A 0.03243
iShares Convertible Bond Index ETF CVD 0.07455
CVD.A 0.06520
iShares Global Monthly Dividend Index ETF (CAD-Hedged) CYH 0.05516
CYH.A 0.04459
Dynamic iShares Active Canadian Dividend ETF DXC 0.04000
Dynamic iShares Active Crossover Bond ETF DXO 0.05700
Dynamic iShares Active Preferred Shares ETF DXP 0.06500
iShares Canadian Financial Monthly Income ETF FIE 0.04000
FIE.A 0.04000
iShares Canadian Universe Bond Index ETF XBB 0.06971
iShares Canadian Corporate Bond Index ETF XCB 0.05464
iShares Canadian Select Dividend Index ETF XDV 0.07640
iShares J.P. Morgan USD Emerging Markets Bond Index ETF (CAD-Hedged) XEB 0.07092
iShares Core S&P/TSX Composite High Dividend Index ETF XEI 0.07775
iShares S&P/TSX Capped Financials Index ETF XFN 0.08771
iShares Floating Rate Index ETF XFR 0.01399
iShares Canadian Government Bond Index ETF XGB 0.04334
iShares Canadian HYBrid Corporate Bond Index ETF XHB 0.07056
iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) XHD 0.06107
iShares U.S. High Dividend Equity Index ETF XHU 0.05044
iShares U.S. High Yield Bond Index ETF (CAD-Hedged) XHY 0.08905
iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) XIG 0.05842
iShares S&P/TSX 60 Index ETF XIU 0.15696
iShares Core Canadian Long Term Bond Index ETF XLB 0.06913
iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged) XPF 0.07202
iShares Core High Quality Canadian Bond Index ETF XQB 0.04342
XQB.A 0.03348
iShares S&P/TSX Capped REIT Index ETF XRE 0.06847
iShares Canadian Short Term Bond Index ETF XSB 0.05165
iShares Conservative Short Term Strategic Fixed Income ETF XSC 0.04359
iShares Conservative Strategic Fixed Income ETF XSE 0.05804
iShares Core Canadian Short Term Corporate + Maple Bond Index ETF XSH 0.04676
iShares Short Term Strategic Fixed Income ETF XSI 0.04689
iShares Core Short Term High Quality Canadian Bond Index ETF XSQ 0.03377
iShares Diversified Monthly Income ETF XTR 0.05000
iShares S&P/TSX Capped Utilities Index ETF XUT 0.07026

Estimated May Cash Distributions for the iShares Premium Money Market ETF

The May 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 0.02071
CMR.A 0.00899

BlackRock Canada expects to issue a press release on or about May 25, 2017, 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 March 31, 2017, BlackRock's AUM was US$5.4 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 March 31, 2017, the firm had approximately 13,000 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$1.4 trillion in assets under management as of March 31, 2017, 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 firm1.

1 Based on US$5.4 trillion in AUM as of 3/31/17

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.

Contact Information