businesspress24.com - BlackRock(R) Canada Announces Updated Information Regarding Availability of PFIC Annual Information
 

BlackRock(R) Canada Announces Updated Information Regarding Availability of PFIC Annual Information Statements for U.S. Tax Filers

ID: 1394330

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 10/23/15 -- Further to a press release dated September 23, 2015, BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. ("BlackRock") (NYSE: BLK) and manager of the Canadian iShares suite of funds, announced today that Passive Foreign Investment Company ("PFIC") Annual Information Statements ("PFIC Statements") will be available for the 2015 tax year for the revised list of iShares Funds set out below. These statements contain reporting information that can enable investors classified as "U.S. Persons" for the purposes of U.S. tax laws to make the Qualified Electing Fund ("QEF") election for U.S. tax reporting purposes.

BlackRock Canada strongly recommends that impacted investors work with their financial advisor and a U.S. tax professional to discuss any PFIC-related tax implications.

The 2015 PFIC Statements are expected to be posted to the iShares website on or about March 31, 2016.

(i) The list of iShares Funds above has been updated since the press release dated September 23, 2015 to reflect the addition and removal of certain iShares Funds.

^ The iShares Funds for which PFIC Statements will be made available is subject to change without further notice.

Further information on the iShares Funds can be found at .

About BlackRock

BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At September 30, 2015, BlackRock''s AUM was US$4.506 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 September 30, 2015, the firm had approximately 12,900 employees in more than 30 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 / Twitter: (at)BlackRockCA / Blog:





About iShares

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 trillion in assets under management as of September 30, 2015, 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 firm.(1)

Commissions, management fees and expenses all may be associated with investing in iShares Funds. Please read the relevant prospectus before investing. Fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. The fund is not guaranteed, its 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.

Units of the iShares funds have not been, and will not be registered under the Securities Act of 1933 (the "1933 Act") or the securities laws of any of the states of the United States. Units of the Canadian iShares funds may not be offered or sold in the United States or to any "U.S. Person" as defined in the 1933 Act.

(1) Based on US $4.506 trillion in AUM as of 9/30/15.



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Contact for Media:
Maeve Hannigan
416-643-4058


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Datum: 23.10.2015 - 06:56 Uhr
Sprache: Deutsch
News-ID 1394330
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