BlackRock Canada Announces August Cash Distributions For The IShares ETFs

TORONTO, Aug. 15, 2017 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the August 2017 cash distributions for the iShares ETFs listed on the TSX which pay on a monthly basis as well as XIU. Unitholders of record of a fund on August 28, 2017 will receive cash distributions payable in respect of that fund on August 31, 2017.

Details regarding the “per unit” distribution amounts are as follows:

Estimated August Cash Distributions for the iShares Premium Money Market ETF

The August cash distributions per unit for the iShares Premium Money Market ETF are estimated to be as follows:

Fund Name Fund Ticker Estimated Cash Distribution Per Unit ($)
iShares Premium Money Market ETF CMR 0.026
CMR.A 0.014

BlackRock Canada expects to issue a press release on or about August 25, 2017, which will provide the final amounts for the iShares Premium Money Market ETF.

Further information on the iShares Funds can be found at http://www.blackrock.com/ca.

About BlackRock
BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients.At June 30, 2017, BlackRock’s AUM was US$5.7 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include 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®. As of June 30, 2017, the firm had approximately 13,000 employees in more than 30 countries and a major presence in 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/ca | Twitter: @BlackRockCA | Blog: www.blackrockblog.com/can

About iShares ETFs
iShares® is a global leader in exchange-traded funds (ETFs), with more than a decade of expertise and commitment to individual and institutional investors of all sizes. With over 700 funds globally across multiple asset classes and strategies and more than US$1.5 trillion in assets under management as of June 30, 2017,  iShares helps clients around the world build the core of their portfolios, meet specific investment goals and implement market views. iShares funds are powered by the expert portfolio and risk management of BlackRock, trusted to manage more money than any other investment firm1.

Based on US$5.7 trillion in AUM as of 6/30/17

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 Hannigan                                                                                          
T – 416-643-4058                           
Email: Maeve.Hannigan@blackrock.com

Disclosure: None.

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