Business and FinanceBusiness and Finance
Fri, December 18, 2009
[ Fri, Dec 18th 2009 ] - Market Wire
10 p.m. EST
Thu, December 17, 2009

BlackRock Asset Management Canada Limited (iShares): BlackRock Asset Management Canada Limited Announces Revised Estimated Annu


Published on 2009-12-17 08:50:08 - Market Wire
  Print publication without navigation


TORONTO, ONTARIO--(Marketwire - Dec. 17, 2009) - (TSX:XAL)(TSX:XBB)(TSX:XCB)(TSX:XCG)(TSX:XCR)(TSX:XCS)(TSX:XCV)(TSX:XDV)(TSX:XEG)(TSX:XEM)(TSX:XEN)(TSX:XFN)(TSX:XGB)(TSX:XGC)(TSX:XGD)(TSX:XGR)(TSX:XIC)(TSX:XIN)(TSX:XIT)(TSX:XIU)(TSX:XLB)(TSX:XMA)(TSX:XMD)(TSX:XRB)(TSX:XRE)(TSX:XSB)(TSX:XSP)(TSX:XSU)(TSX:XTR)(TSX:XWD)

BlackRock Asset Management Canada Limited announces today the revised estimated annual reinvested distributions for the iShares exchange traded funds for the 2009 tax year. These annual reinvested distributions generally represent realized capital gains within the funds. The reinvested distributions are not paid in cash but will be reported as taxable distributions and can be used to increase the investor's adjusted cost base of the fund. These estimated reinvested distributions do not include the fourth quarter cash distributions which are reported in a separate press release. These estimates replace the previous estimates issued in a press release dated December 2, 2009.

Unitholders of record on December 30, 2009 will receive reinvested distributions payable on December 31, 2009. The ex-dividend date will be December 24, 2009. The actual taxable amounts of reinvested and cash distributions for 2009, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc.) early in 2010.

The following chart shows the estimated annual reinvested distributions per unit for each of the iShares funds.

Fund NameFund TickerEstimated Reinvested Distribution Per Unit to Dec 15, 2009 ($)Percent of December 15, 2009 NAV per unit
iShares Alternatives Completion Portfolio Builder FundXAL0.243521.02%
iShares CDN Bond Index FundXBB-0.00%
iShares CDN Corporate Bond Index FundXCB0.209561.02%
iShares CDN Growth Index FundXCG-0.00%
iShares Conservative Core Portfolio Builder FundXCR0.116510.54%
iShares CDN S&P/TSX Small Cap Index FundXCS-0.00%
iShares CDN Value Index FundXCV-0.00%
iShares CDN Dividend Index FundXDV-0.00%
iShares CDN Energy Sector Index FundXEG-0.00%
iShares CDN MSCI Emerging Markets Index FundXEM-0.00%
iShares CDN Jantzi Social FundXEN-0.00%
iShares CDN Financial Sector Index FundXFN-0.00%
iShares CDN Government Bond Index FundXGB0.006980.03%
iShares Global Completion Portfolio Builder FundXGC-0.00%
iShares CDN S&P/TSX Global Gold Index FundXGD-0.00%
iShares Growth Core Portfolio Builder FundXGR-0.00%
iShares CDN Composite Index FundXIC-0.00%
iShares CDN MSCI EAFE Index FundXIN-0.00%
iShares CDN Tech Sector Index FundXIT-0.00%
iShares CDN LargeCap 60 Index FundXIU-0.00%
iShares CDN Long Bond Index FundXLB-0.00%
iShares CDN Materials Sector Index FundXMA-0.00%
iShares CDN Completion Index FundXMD-0.00%
iShares CDN Real Return Bond Index FundXRB0.015990.08%
iShares CDN REIT Sector Index FundXRE-0.00%
iShares CDN Short Bond Index FundXSB0.072620.25%
iShares CDN S&P 500 Index FundXSP-0.00%
iShares CDN Russell 2000 Index FundXSU-0.00%
iShares CDN Income Trust Sector Index FundXTR-0.00%
iShares CDN MSCI World Index FundXWD-0.00%

Possible changes to reinvested distribution per unit amounts

The amounts shown above could change if the iShares Funds experience subscriptions or redemptions prior to the December 24th ex-dividend date. BlackRock Asset Management Canada Limited will issue a final press release on December 24, 2009 which will provide the final amounts.

About BlackRock Asset Management Canada Limited

BlackRock Asset Management Canada Limited and its affiliates worldwide ("BlackRock") is one of the largest institutional investment managers in the world. BlackRock leads the world in managing index funds and exchange traded funds (ETFs), with over 200 iShares Funds representing $488 billion in assets. As at September 30, 2009, BlackRock Asset Management Canada Limited managed over $69 billion in Canadian assets and in other assets for Canadian clients, including over $22 billion in the TSX-listed iShares Funds. BlackRock Asset Management Canada Limited has offices in Toronto and Montreal.