TORONTO, ONTARIO--(Marketwire - Dec. 17, 2010) - A correction from source is being issued with respect to the BlackRock Asset Management Canada Limited release that was issued December 17th, 2010 at 13:39 ET. The fund name under the symbol XTR was called iShares S&P/TSX Income Trust Index Fund but should have been iShares Diversified Monthly Income Fund. The correct version follows:
(TSX:XAL)(TSX:XBB)(TSX:XBZ)(TSX:XCB)(TSX:XCG)(TSX:XCH)(TSX:XCR)(TSX:XCS)(TSX:XCV)(TSX:XDV)(TSX:XEG)(TSX:XEM)(TSX:XEN)(TSX:XFN)(TSX:XGB)(TSX:XGC)(TSX:XGD)(TSX:XGR)(TSX:XHB)(TSX:XHY)(TSX:XIC)(TSX:XID)(TSX:XIG)(TSX:XIN)(TSX:XIT)(TSX:XIU)(TSX:XLA)(TSX:XLB)(TSX:XMA)(TSX:XMD)(TSX:XPF)(TSX:XRB)(TSX:XRE)(TSX:XSB)(TSX:XSP)(TSX:XSU)(TSX:XTR)(TSX:XWD)
BlackRock Asset Management Canada Limited announces today the revised estimated annual reinvested distributions for the iShares exchange-traded funds for the 2010 tax year. These annual reinvested distributions generally represent realized capital gains within the funds. The reinvested distributions are not paid in cash but will be reported as taxable distributions and can be used to increase the investor's adjusted cost base of the fund. These estimated reinvested distributions do not include the fourth quarter cash distributions which are reported in a separate press release. These estimates replace the previous estimates issued in a press release dated November 18, 2010.
Unitholders of record on December 30, 2010 will receive reinvested distributions payable on December 31, 2010. The ex-dividend date will be December 24, 2010. The actual taxable amounts of reinvested and cash distributions for 2010, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc.) early in 2011.
The following chart shows the estimated annual reinvested distributions per unit for each of the iShares funds.
/T/
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Estimated
Reinvested Percent of
Distribution December 15,
Per Unit to Dec 2010 NAV per
Fund Name Fund Ticker 15, 2010 ($) unit
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iShares Alternatives
Completion Portfolio
Builder Fund XAL 0.54409 2.20%
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iShares DEX Universe Bond
Index Fund XBB 0.02433 0.08%
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iShares MSCI Brazil Index
Fund XBZ - 0.00%
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iShares DEX All Corporate
Bond Index Fund XCB 0.27896 1.37%
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iShares Dow Jones Canada
Select Growth Index Fund XCG - 0.00%
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iShares China Index Fund XCH - 0.00%
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iShares Conservative Core
Portfolio Builder Fund XCR 0.51478 2.31%
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iShares S&P(R)/TSX(R)
SmallCap Index Fund XCS 0.74867 4.11%
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iShares Dow Jones Canada
Select Value Index Fund XCV 0.10756 0.52%
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iShares Dow Jones Canada
Select Dividend Index
Fund XDV - 0.00%
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iShares S&P/TSX Capped
Energy Index Fund XEG - 0.00%
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iShares MSCI Emerging
Markets Index Fund XEM 0.00190 0.01%
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iShares Jantzi Social
Index Fund XEN - 0.00%
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iShares S&P/TSX Capped
Financials Index Fund XFN 0.02681 0.12%
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iShares DEX All
Government Bond Index
Fund XGB 0.04154 0.20%
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iShares Global Completion
Portfolio Builder Fund XGC 0.17425 0.73%
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iShares S&P/TSX Global
Gold Index Fund XGD 0.56693 2.17%
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iShares Growth Core
Portfolio Builder Fund XGR 0.46390 1.95%
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iShares DEX HYBrid Bond
Index Fund XHB - 0.00%
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iShares U.S. High Yield
Bond Index Fund (CAD-
Hedged) XHY 0.38348 1.88%
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iShares S&P/TSX Capped
Composite Index Fund XIC - 0.00%
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iShares S&P CNX Nifty
India Index Fund XID - 0.00%
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iShares U.S. IG Corporate
Bond Index Fund XIG 0.70040 3.45%
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iShares MSCI EAFE Index
Fund (CAD-Hedged) XIN - 0.00%
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iShares S&P/TSX Capped
Information Technology
Index Fund XIT - 0.00%
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iShares S&P/TSX 60 Index
Fund XIU - 0.00%
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iShares S&P Latin America
40 Index Fund XLA - 0.00%
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iShares DEX Long Term
Bond Index Fund XLB - 0.00%
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iShares S&P/TSX Capped
Materials Index Fund XMA - 0.00%
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iShares S&P/TSX
Completion Index Fund XMD - 0.00%
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iShares S&P/TSX North
American Preferred Stock
Index Fund (CAD-Hedged) XPF - 0.00%
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iShares DEX Real Return
Bond Index Fund XRB 0.42108 1.96%
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iShares S&P/TSX Capped
REIT Index Fund XRE - 0.00%
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iShares DEX Short Term
Bond Index Fund XSB - 0.00%
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iShares S&P 500 Index
Fund (CAD-Hedged) XSP 0.32207 2.26%
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iShares Russell 2000(R)
Index Fund (CAD-Hedged) XSU - 0.00%
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iShares Diversified
Monthly Income Fund XTR - 0.00%
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iShares MSCI World Index
Fund XWD 0.00559 0.02%
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/T/
Further information on iShares funds can be found at www.iShares.ca.
Possible changes to reinvested distribution per unit amounts
The amounts shown above could change if the iShares funds experience subscriptions or redemptions prior to the December 24, 2010 ex-dividend date. BlackRock Asset Management Canada Limited will issue a final press release on December 24, 2010 which will provide the final amounts.
About BlackRock
BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At September 30, 2010, BlackRock's AUM was $3.446 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(R) (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(TM). Headquartered in New York City, as of September 30, 2010, the firm has approximately 8,900 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
The iShares business is a global product leader in ETFs 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 securities 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.
