(TSX:XCB)(TSX:XSB)(TSX:XBB)(TSX:XGB)(TSX:XLB)(TSX:XIG)(TSX:XHY)(TSX:XDV)(TSX:XRE)(TSX:XFN)(TSX:XTR)


BlackRock Asset Management Canada Limited, an indirect subsidiary of BlackRock,
Inc. (NYSE:BLK), today announced that, starting July 2010, 11 iShares(R)
exchange traded funds will change from paying distributions on a quarterly basis
to paying on a monthly basis.


"Income generation is a high priority for Canadian investors, and we believe
these changes will greatly simplify investing for Canadians who need regular
income from their portfolios," said Oliver McMahon, director of product
management for iShares ETFs at BlackRock Asset Management Canada Limited. 


The ETFs that will be changing to a monthly distribution frequency are:



Fixed Income                                                                
----------------------------------------------------------------------------
iShares DEX All Corporate Bond Index Fund ("XCB")                           
iShares DEX Short Term Bond Index Fund ("XSB")                              
iShares DEX Universe Bond Index Fund ("XBB")                                
iShares DEX All Government Bond Index Fund ("XGB")                          
iShares DEX Long Term Bond Index Fund ("XLB")                               
iShares U.S. IG Corporate Bond Index Fund (CAD-Hedged) ("XIG")              
iShares U.S. High Yield Bond Index Fund (CAD-Hedged) ("XHY")                
                                                                            
Equity                                                                      
----------------------------------------------------------------------------
iShares Dow Jones Canada Select Dividend Index Fund ("XDV")                 
iShares S&P/TSX Capped REIT Index Fund ("XRE")                              
iShares S&P/TSX Capped Financials Index Fund ("XFN")                        
iShares S&P/TSX Income Trust Index Fund ("XTR")                             



"At iShares we are constantly looking at ways to better serve our clients,"
added McMahon. 


"Given that these enhancements affect both fixed income and select equity
products, investors can practice diversification and take advantage of
income-generating opportunities according to their risk profile and investment
philosophy." 


There are no other changes to any of the funds' investment objectives or
strategies. In addition, previously announced distribution dates for June,
September, and December 2010 will remain unchanged, with additional dates for
July, August, October and November added for the 11 funds changing to monthly
distributions. Ex-dividend and payment dates for the rest of 2010 are as
follows: 




----------------------------------------------------------------------------
Month                     Ex Date                  Pay Date                 
----------------------------------------------------------------------------
June                      25-Jun-2010              30-Jun-2010              
----------------------------------------------------------------------------
July                      27-Jul-2010              30-Jul-2010              
----------------------------------------------------------------------------
August                    26-Aug-2010              31-Aug-2010              
----------------------------------------------------------------------------
September                 27-Sep-2010              30-Sep-2010              
----------------------------------------------------------------------------
October                   26-Oct-2010              29-Oct-2010              
----------------------------------------------------------------------------
November                  24-Nov-2010              30-Nov-2010              
----------------------------------------------------------------------------
December                  24-Dec-2010              31-Dec-2010              
----------------------------------------------------------------------------



About BlackRock

BlackRock, Inc. ("BlackRock") is a leader in investment management, risk
management and advisory services for institutional and retail clients worldwide.
At March 31, 2010, BlackRock's AUM was US$3.364 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.
Headquartered in New York City, as of March 31, 2010, the firm has approximately
8,500 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

iShares is the global product leader in exchange traded funds with over 410
funds globally across equities, fixed income and commodities, which trade on 16
exchanges worldwide3. 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.
Canadian Universe Bond I... (TSX:XBB)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more Canadian Universe Bond I... Charts.
Canadian Universe Bond I... (TSX:XBB)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more Canadian Universe Bond I... Charts.