Market Overview

BlackRock Announces November Monthly Cash Distributions for the iShares(R) Funds

Share:

TORONTO, ONTARIO--(Marketwire - Nov. 16, 2011) -

(TSX: XBB)(TSX: XCB)(TSX: XDV)(TSX:XEB)(TSX: XEI)(TSX: XFN)(TSX:XGB)(TSX: XHB)(TSX:XHY)(TSX:XIG)(TSX: XLB)(TSX:XPF)(TSX: XRE)(TSX: XSB)(TSX:XSH)(TSX:XTR)(TSX:XUT)

BlackRock Asset Management Canada Limited, an indirect, wholly owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the November 2011 cash distributions for the seventeen iShares funds listed on the Toronto Stock Exchange which pay on a monthly basis. Unitholders of record on November 25, 2011 will receive cash distributions payable on November 30, 2011. Details of the "per unit" distribution amounts are as follows:



----------------------------------------------------------------------------
Cash
Fund Distribution
Fund Name Ticker Per Unit ($)
----------------------------------------------------------------------------
iShares DEX Universe Bond Index Fund XBB 0.09135
----------------------------------------------------------------------------
iShares DEX All Corporate Bond Index Fund XCB 0.07420
----------------------------------------------------------------------------
iShares Dow Jones Canada Select Dividend Index Fund XDV 0.03250
----------------------------------------------------------------------------
iShares J.P. Morgan USD Emerging Markets Bond Index
Fund (CAD-Hedged) XEB 0.07049
----------------------------------------------------------------------------
iShares S&P(R)/TSX(R) Equity Income Index Fund XEI 0.04970
----------------------------------------------------------------------------
iShares S&P/TSX Capped Financials Index Fund XFN 0.05980
----------------------------------------------------------------------------
iShares DEX All Government Bond Index Fund XGB 0.05699
----------------------------------------------------------------------------
iShares DEX HYBrid Bond Index Fund XHB 0.09061
----------------------------------------------------------------------------
iShares U.S. High Yield Bond Index Fund (CAD-Hedged) XHY 0.11954
----------------------------------------------------------------------------
iShares U.S. IG Corporate Bond Index Fund (CAD-Hedged) XIG 0.07296
----------------------------------------------------------------------------
iShares DEX Long Term Bond Index Fund XLB 0.07563
----------------------------------------------------------------------------
iShares S&P/TSX North American Preferred Stock Index
Fund (CAD-Hedged) XPF 0.06591
----------------------------------------------------------------------------
iShares S&P/TSX Capped REIT Index Fund XRE 0.06217
----------------------------------------------------------------------------
iShares DEX Short Term Bond Index Fund XSB 0.07643
----------------------------------------------------------------------------
iShares DEX Short Term Corporate Universe + Maple Bond
Index Fund XSH 0.06045
----------------------------------------------------------------------------
iShares Diversified Monthly Income Fund XTR 0.06000
----------------------------------------------------------------------------
iShares S&P/TSX Capped Utilities Sector Fund XUT 0.04287
----------------------------------------------------------------------------



Further information on iShares funds can be found at www.iShares.ca.

About BlackRock(R)

BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At September 30, 2011, BlackRock's AUM was US$3.345 trillion. BlackRock offers products that span the risk spectrum to meet clients' needs, including active, enhanced and index strategies across markets and asset classes. Products are offered in a variety of structures including separate accounts, mutual funds, iShares(R) (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(R). Headquartered in New York City, as of September 30, 2011, the firm has approximately 10,200 employees in 27 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(R) ETFs

The iShares business is a global product leader in ETFs with over 410 funds globally across equities, fixed income and commodities, which trade on 16 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 securities 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.

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com