Business & Finance
Thu, December 20, 2012Wed, December 19, 2012Tue, December 18, 2012Mon, December 17, 2012Sun, December 16, 2012Sat, December 15, 2012Fri, December 14, 2012Thu, December 13, 2012Wed, December 12, 2012BlackRock(R) Announces December Distributions on Big Bank Big Oil Split Corp.
Published in Business and Finance on Monday, December 17th 2012 at 13:16 GMT by Market Wire
December 17, 2012 16:05 ET
BlackRock® Announces December Distributions on Big Bank Big Oil Split Corp.
TORONTO, ONTARIO--(Marketwire - Dec. 17, 2012) -(TSX:BBO)(TSX:BBO.PR.A)
BlackRock Asset Management Canada Limited, an indirect, wholly owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the final December distribution for Big Bank Big Oil Split Corp. Unitholders of record on December 31, 2012 will receive cash distributions payable on January 15, 2013. Details of the "per share" distribution amounts are as follows:
| Fund Name | Trading Symbol | Distribution Amount per Unit ($) | Payment Frequency | |||
| Big Bank Big Oil Split Corp. (Capital Shares) | BBO | $ | 0.0900 | Monthly | ||
| Big Bank Big Oil Split Corp. (Preferred Shares) | BBO.PR.A | $ | 0.13125 | Quarterly | ||
| * All ordinary dividends distributed by the Big Bank Big Oil Split Corp. will be designated as eligible dividends, unless otherwise specified. | ||||||
The ex-dividend date for Big Bank Big Oil Split Corp. is December 27, 2012.
Also, effective in January 2013, the Net Asset Value per unit will be available at [ www.ishares.ca ] on a daily basis. Currently, the Net Asset Value per unit is available on a weekly basis.
For more information, investors should consult with their investment advisor or visit our website at [ www.ishares.ca ].
About BlackRock
BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At September 30, 2012, BlackRock's AUM was $3.673 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 September 30, 2012, the firm has approximately 10,400 employees in 29 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
The iShares business is the global product leader in exchange traded funds with over 600 funds globally across equities, fixed income and commodities, which trade on 20 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 and high net worth individuals.
iShares® Funds are managed by BlackRock Asset Management Canada Limited. Commissions, management fees and expenses all may be associated with investing in iShares Funds. 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.
