Business & Finance
Business and Finance
Business and Finance
Tue, July 20, 2010 BlackRock Asset Management Canada Limited (iShares): BlackRock Announces Monthly Cash Distributions for the iShares(R) Funds
TORONTO, ONTARIO--(Marketwire - July 20, 2010) - (TSX:XBB)(TSX:XCB)(TSX:XDV)(TSX:XFN)(TSX:XGB)(TSX:XHY)(TSX:XIG)(TSX:XLB)(TSX:XRE)(TSX:XSB)(TSX:XTR)
BlackRock Asset Management Canada Limited, an indirect, wholly owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the July 2010 cash distributions for the eleven iShares funds listed on the Toronto Stock Exchange which pay on a monthly basis. Unitholders of record on July 29, 2010 will receive cash distributions payable on July 30, 2010. Details of the "per unit" distribution amounts are as follows:
| Fund Name | Fund Ticker | Cash Distribution Per Unit ($) |
| iShares DEX Universe Bond Index Fund | XBB | 0.09828 |
| iShares DEX All Corporate Bond Index Fund | XCB | 0.08879 |
| iShares Dow Jones Canada Select Dividend Index Fund | XDV | 0.09638 |
| iShares S&P/TSX Capped Financials Index Fund | XFN | 0.07515 |
| iShares DEX All Government Bond Index Fund | XGB | 0.06154 |
| iShares U.S. High Yield Bond Index Fund (CAD-Hedged) | XHY | 0.13200 |
| iShares U.S. IG Corporate Bond Index Fund | XIG | 0.07016 |
| iShares DEX Long Term Bond Index Fund | XLB | 0.07347 |
| iShares S&P/TSX Capped REIT Index Fund | XRE | 0.05900 |
| iShares DEX Short Term Bond Index Fund | XSB | 0.08410 |
| iShares S&P/TSX Income Trust Index Fund | XTR | 0.06625 |
Further information on iShares funds can be found at [ www.iShares.ca ].
About BlackRock
BlackRock, Inc. ("BlackRock") is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At March 31, 2010, BlackRock's AUM was US$3.364 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® (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 March 31, 2010, the firm has approximately 8,500 employees in 24 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 ETFs
iShares is the global product leader in exchange traded funds 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 shares 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.
