BlackRock® Canada Announces Update to the Final Annual Reinvested Capital Gains Distributions for an iShares® ETF
10 Janeiro 2020 - 7:00PM
BlackRock Asset Management Canada Limited (“BlackRock Canada”), an
indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK),
today announced revised final annual reinvested capital gains
distributions for the iShares ETF listed below for the 2019 tax
year, which replaces BlackRock Canada’s press release dated
December 30, 2019 in respect of this iShares ETF.
The distribution is for the annual non-cash
capital gains distribution, which is typically reinvested in
additional units of the fund at the year-end, and does not include
estimates of ongoing monthly, quarterly, semi-annual, or annual
cash distribution amounts. The additional units are immediately
consolidated with the previously outstanding units such that the
number of outstanding units following the distribution is equal to
the number of units outstanding prior to the distribution. The
distribution and consolidation does not impact net asset value per
unit.
The record date for the 2019 annual distribution
is December 31, 2019. The actual taxable amount of reinvested and
cash distributions for 2019, including the tax characteristics of
the distribution, will be reported to brokers (through CDS Clearing
and Depository Services Inc. or “CDS”) in early 2020.
Details regarding the “per unit” distribution
amount are as follows:
Fund Name |
Fund Ticker |
Reinvested Capital Gains Distribution Per Unit
($) |
Dynamic iShares Active U.S. Dividend ETF |
DXU |
1.71296 |
|
|
|
Further information on the iShares Funds can be found at
http://www.blackrock.com/ca.
About BlackRockBlackRock’s
purpose is to help more and more people experience financial
well-being. As a fiduciary to investors and a leading provider of
financial technology, our clients turn to us for the solutions they
need when planning for their most important goals. As of September
30, 2019, the firm managed approximately US$6.96 trillion in assets
on behalf of investors worldwide. For additional information on
BlackRock, please visit www.blackrock.com/ca | Twitter:
@BlackRockCA |
LinkedIn: www.linkedin.com/company/blackrock.
About iShares ETFsiShares
unlocks opportunity across markets to meet the evolving needs of
investors. With more than twenty years of experience, a global
line-up of 900+ exchange traded funds (ETFs) and US$2 trillion in
assets under management as of September 30, 2019, iShares continues
to drive progress for the financial industry. 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$6.96 trillion in AUM as of
9/30/19
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 for Media:Maeve
HanniganT – 416-643-4058Email: Maeve.Hannigan@blackrock.com
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