BlackRock(R) Canada Announces Estimated 2015 Annual Reinvested Capital Gains Distributions for the iShares(R) ETFs
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 11/23/15 -- A correction from source is being issued in regards to the release that was sent on November 20, 2015 at 4:30 pm ET. The paragraph for XIC has been updated. The corrected release follows.
(TSX: CBD) (TSX: CBD.A) (TSX: CBH) (TSX: CBH.A) (TSX: CBN) (TSX: CBN.A) (TSX: CBO) (TSX: CBO.A) (TSX: CBQ) (TSX: CBQ.A) (TSX: CDZ) (TSX: CDZ.A) (TSX: CEW) (TSX: CEW.A) (TSX: CGL) (TSX: CGL.C) (TSX: CGR) (TSX: CGR.A) (TSX: CHB) (TSX: CHB.A) (TSX: CIE) (TSX: CIE.A) (TSX: CIF) (TSX: CIF.A) (TSX: CJP) (TSX: CJP.A) (TSX: CLF) (TSX: CLF.A) (TSX: CLG) (TSX: CLG.A) (TSX: CLU) (TSX: CLU.A) (TSX: CLU.B) (TSX: CLU.C) (TSX: CMR) (TSX: CMR.A) (TSX: COW) (TSX: COW.A) (TSX: CPD) (TSX: CPD.A) (TSX: CRQ) (TSX: CRQ.A) (TSX: CSD) (TSX: CSD.A) (TSX: CUD) (TSX: CUD.A) (TSX: CVD) (TSX: CVD.A) (TSX: CWO) (TSX: CWO.A) (TSX: CWW) (TSX: CWW.A) (TSX: CYH) (TSX: CYH.A) (TSX: FIE) (TSX: FIE.A) (TSX: SVR) (TSX: SVR.C) (TSX: XAL) (TSX: XAW) (TSX: XBB) (TSX: XBM) (TSX: XBZ) (TSX: XCB) (TSX: XCD) (TSX: XCG) (TSX: XCH) (TSX: XCR) (TSX: XCS) (TSX: XCV) (TSX: XDV) (TSX: XEB) (TSX: XEC) (TSX: XEF) (TSX: XEG) (TSX: XEH) (TSX: XEI) (TSX: XEM) (TSX: XEN) (TSX: XEU) (TSX: XFA) (TSX: XFC) (TSX: XFF) (TSX: XFH) (TSX: XFI) (TSX: XFN) (TSX: XFR) (TSX: XFS) (TSX: XGB) (TSX: XGC) (TSX: XGD) (TSX: XGI) (TSX: XGR) (TSX: XHB) (TSX: XHC) (TSX: XHD) (TSX: XHU) (TSX: XHY) (TSX: XIC) (TSX: XID) (TSX: XIG) (TSX: XIN) (TSX: XIT) (TSX: XIU) (TSX: XLB) (TSX: XMA) (TSX: XMC) (TSX: XMD) (TSX: XMH) (TSX: XMI) (TSX: XMM) (TSX: XMU) (TSX: XMV) (TSX: XMW) (TSX: XPF) (TSX: XQB) (TSX: XQB.A) (TSX: XQQ) (TSX: XRB) (TSX: XRE) (TSX: XSB) (TSX: XSC) (TSX: XSE) (TSX: XSH) (TSX: XSI) (TSX: XSP) (TSX: XSQ) (TSX: XST) (TSX: XSU) (TSX: XTR) (TSX: XUH) (TSX: XUS) (TSX: XUT) (TSX: XUU) (TSX: XWD)
BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the estimated annual reinvested capital gains distributions for the iShares ETFs listed on the Toronto Stock Exchange for the 2015 tax year. Please note that these are estimated amounts only as of October 15, 2015 and may reflect forward-looking assumptions made by management. As these are estimated amounts, the final capital gains distributions may change by the Funds'' December 15, 2015 tax year-end.
These estimates are for the annual non-cash capital gains distributions, which are typically reinvested in additional units of the respective funds at the year-end, and do not include estimates of ongoing monthly, quarterly, semi-annual, or annual cash distribution amounts. The additional units will be immediately consolidated with the previously outstanding units such that the number of outstanding units following the distribution will equal the number of units outstanding prior to the distribution.
We expect to announce the final annual reinvested distribution amounts, as well as the monthly, quarterly, semi-annual, and annual cash distribution amounts, as applicable, for 2015, on or about December 18, 2015. The record date for the 2015 annual distributions will be December 31, 2015, payable on January 6, 2016. The actual taxable amounts of reinvested and cash distributions for 2015, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or "CDS") in early 2016.
Reasons for some of the larger estimated annual reinvested capital gains distributions are as follows:
CIE
The iShares International Fundamental Index ETF ("CIE") experienced capital gains as a result of the appreciation of securities held in its portfolio, with gains realized on the sale of certain securities such as Novartis AG, Toyota Motor Corp and Hutchison Whampoa Ltd.
XIC
The iShares Core S&P/TSX Capped Composite Index ETF ("XIC") experienced capital gains as a result of the appreciation of securities held in its portfolio. Some of the larger components of the gains were realized as a result of the acquisitions of Catamaran Corp and Tim Hortons Inc.
CDZ
The iShares S&P/TSX Canadian Dividend Aristocrats Index ETF ("CDZ") experienced capital gains in 2015 primarily due to the appreciation of securities held in the portfolio, and realized on the sale of securities in connection with the disposition of securities held as part of the normal course of operations. Some of the larger components of the gains were realized on the disposition of shares in Constellation Software Inc., which was deleted from the index due to lack of dividend increases and acquisition of Tim Hortons Inc.
CBD
The iShares Balanced Growth CorePortfolio™ Index ETF ("CBD") realized capital gains in 2015 in connection with the sale of securities on international equity exposures due to portfolio rebalancing.
CBN
The iShares Balanced Growth CorePortfolio™ Index ETF ("CBN") realized capital gains in 2015 through the sale of securities on international equity exposures as a result of portfolio rebalancing.
Further information on the iShares Funds can be found at .
Forward-looking information
This notice contains forward-looking statements with respect to the annual reinvested capital gains distributions for the iShares Funds. By their nature, these forward-looking statements involve risks and uncertainties that could cause the actual distributions to differ materially from the estimated distributions set forth in this notice. Factors that could cause the actual distributions to differ from the estimated distributions between now and December 15, 2015 (the iShares Funds'' tax year end) include, but are not limited to: the actual amounts of distributions received by the iShares Funds; the actual amounts of capital gains generated from sales of securities; trading activity within the iShares Funds, including buying and selling of securities; index changes which cause rebalancing within the iShares Funds; and subscription and redemption activity.
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 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 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)
(1)Based on US $4.506 trillion in AUM as of 9/30/15.
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.
Contacts:
Contact for Media:
Maeve Hannigan
416-643-4058
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 23.11.2015 - 12:02 Uhr
Sprache: Deutsch
News-ID 1400127
Anzahl Zeichen: 2443
contact information:
Contact person:
Town:
TORONTO, ONTARIO
Phone:
Kategorie:
Investment Services & Trading
Typ of Press Release:
type of sending:
Date of sending:
Anmerkungen:
Diese Pressemitteilung wurde bisher 244 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"BlackRock(R) Canada Announces Estimated 2015 Annual Reinvested Capital Gains Distributions for the iShares(R) ETFs
"
steht unter der journalistisch-redaktionellen Verantwortung von
BlackRock Asset Management Canada Limited (iShares) (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
