Welcome!

News Feed Item

BlackRock(R) Announces Estimated 2012 Annual Capital Gains Distributions for Certain iShares(R) Funds

TORONTO, ONTARIO -- (Marketwire) -- 11/21/12 -- (TSX:CAB)(TSX:CAB.A)(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:CBR)(TSX:CBR.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:CHI)(TSX:CHI.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:CLO)(TSX:CLO.A)(TSX:CLU)(TSX:CLU.A)(TSX:CLU.C)(TSX:CLU.B)(TSX:CMF)(TSX:CMF.A)(TSX:CMR)(TSX:CMR.A)(TSX:CMW)(TSX:CMW.A)(TSX:COW)(TSX:COW.A)(TSX:CPD)(TSX:CPD.A)(TSX:CRQ)(TSX:CRQ.A)(TSX:CSD)(TSX:CSD.A)(TSX:CSD.U)(TSX:CSD.V)(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:GAS)(TSX:SVR)(TSX:SVR.C)

BlackRock Investments Canada Inc., an indirect, wholly owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the estimated annual capital gains distributions for certain iShares® Funds listed below for the 2012 tax year. Please note that these are estimated amounts only as of November 6, 2012 and include forward-looking information which may cause the estimates to change before the Funds' December 15, 2012 tax year-end. These estimates are for the year-end capital gains distributions only, which are typically reinvested rather than paid in cash, and do not include estimates of ongoing monthly, quarterly, or semi-annual cash distribution amounts.

We expect to announce the final year-end distribution amounts, as well as the monthly, quarterly, and semi-annual cash distribution amounts, on or about December 17, 2012. The record date for the 2012 annual distributions will be December 28, 2012. The actual taxable amounts of reinvested and cash distributions for 2012, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or "CDS") in early 2013.

----------------------------------------------------------------------------
Fund Name                    Fund      Net asset value     Estimated annual 
                           Ticker    (NAV) per unit at capital gain as % of 
                                           Nov 6, 2012   NAV at Nov 6, 2012 
----------------------------------------------------------------------------
iShares Advantaged            CAB              20.8116                 0.47%
                          --------------------------------------------------
Canadian Bond Index Fund    CAB.A              20.7837                 0.00%
----------------------------------------------------------------------------
iShares Balanced Income       CBD              19.6955                 1.16%
                          --------------------------------------------------
CorePortfolio(TM) Fund      CBD.A              19.6385                 0.38%
----------------------------------------------------------------------------
iShares 1-10 Year Laddered    CBH              20.2194                 0.00%
                          --------------------------------------------------
Corporate Bond Index Fund   CBH.A              20.2118                 0.00%
----------------------------------------------------------------------------
iShares Balanced Growth       CBN              15.4816                 0.00%
                          --------------------------------------------------
CorePortfolio(TM) Fund      CBN.A              15.4447                 0.00%
----------------------------------------------------------------------------
iShares 1-5 Year Laddered     CBO              20.2123                 0.00%
                          --------------------------------------------------
Corporate Bond Index Fund   CBO.A              20.2050                 0.00%
----------------------------------------------------------------------------
iShares BRIC Index Fund       CBQ              24.4159                 0.00%
                          --------------------------------------------------
                            CBQ.A              24.2370                 0.00%
----------------------------------------------------------------------------
iShares Broad Commodity       CBR              22.3339                 0.00%
                          --------------------------------------------------
Index Fund (CAD-Hedged)     CBR.A              21.9718                 0.00%
----------------------------------------------------------------------------
iShares S&P/TSX Canadian      CDZ              22.1471                 3.41%
                          --------------------------------------------------
Dividend Aristocrats Index                                                  
 Fund                       CDZ.A              22.0739                 3.43%
----------------------------------------------------------------------------
iShares Equal Weight Banc     CEW               7.2110                 0.35%
                          --------------------------------------------------
& Lifeco Fund               CEW.A               6.0800                 1.29%
----------------------------------------------------------------------------
iShares Gold Bullion Fund     CGL              15.1134                 1.82%
                          --------------------------------------------------
                            CGL.C              15.1710                 0.00%
----------------------------------------------------------------------------
iShares Global Real Estate    CGR              18.8997                 0.00%
                          --------------------------------------------------
Index Fund                  CGR.A              18.8407                 0.00%
----------------------------------------------------------------------------
iShares Advantaged U.S.       CHB              20.9367                 0.00%
                          --------------------------------------------------
High Yield Bond Index Fund                                                  
 (CAD-Hedged)               CHB.A              20.9039                 0.00%
----------------------------------------------------------------------------
iShares China All-Cap         CHI              19.1088                 0.00%
                          --------------------------------------------------
Index Fund                  CHI.A              18.9269                 0.00%
----------------------------------------------------------------------------
iShares International         CIE              12.1603                 0.00%
                          --------------------------------------------------
Fundamental Index Fund      CIE.A              12.1573                 0.00%
----------------------------------------------------------------------------
iShares Global                CIF              17.9414                 0.00%
                          --------------------------------------------------
Infrastructure Index Fund   CIF.A              17.8835                 0.00%
----------------------------------------------------------------------------
iShares Japan Fundamental     CJP               6.8284                 0.00%
                          --------------------------------------------------
Index Fund (CAD-Hedged)     CJP.A               6.8057                 0.00%
----------------------------------------------------------------------------
iShares 1-5 Year Laddered     CLF              19.8540                 0.00%
                          --------------------------------------------------
Government Bond Index Fund  CLF.A              19.8354                 0.00%
----------------------------------------------------------------------------
iShares 1-10 Year Laddered    CLG              19.9282                 0.00%
                          --------------------------------------------------
Government Bond Index Fund  CLG.A              19.9230                 0.00%
----------------------------------------------------------------------------
iShares Oil Sands Index       CLO              15.0367                 0.00%
                          --------------------------------------------------
Fund                        CLO.A              14.9567                 0.00%
----------------------------------------------------------------------------
iShares US Fundamental        CLU              19.0027                 2.08%
                          --------------------------------------------------
Index Fund                  CLU.A              18.8855                 1.84%
                          --------------------------------------------------
                            CLU.C              15.8454                 0.12%
                          --------------------------------------------------
                            CLU.B              15.8043                 0.14%
----------------------------------------------------------------------------
iShares Managed Futures       CMF              19.2973                 0.89%
                          --------------------------------------------------
Index Fund                  CMF.A              19.1784                 0.00%
----------------------------------------------------------------------------
iShares Premium Money         CMR              50.0083                 0.00%
                          --------------------------------------------------
Market Fund                 CMR.A              50.0060                 0.00%
----------------------------------------------------------------------------
iShares S&P/TSX Global        CMW              18.1757                 0.00%
                          --------------------------------------------------
Mining Index Fund           CMW.A              18.1179                 0.00%
----------------------------------------------------------------------------
iShares Global Agriculture    COW              22.1943                 0.00%
                          --------------------------------------------------
Index Fund                  COW.A              21.7875                 0.00%
----------------------------------------------------------------------------
iShares S&P/TSX Canadian      CPD              17.1731                 0.35%
                          --------------------------------------------------
Preferred Share Index Fund  CPD.A              17.1489                 0.39%
----------------------------------------------------------------------------
iShares Canadian              CRQ              11.6289                 1.32%
                          --------------------------------------------------
Fundamental Index Fund      CRQ.A              11.6013                 1.25%
----------------------------------------------------------------------------
iShares Advantaged Short      CSD              19.9733                 0.00%
                          --------------------------------------------------
Duration High Income Fund   CSD.A              19.9598                 0.00%
                          --------------------------------------------------
                            CSD.U              19.4970                 0.00%
                          --------------------------------------------------
                            CSD.V              19.4794                 0.00%
----------------------------------------------------------------------------
iShares S&P US Dividend       CUD              23.1533                 2.25%
                          --------------------------------------------------
Growers Index Fund (CAD-                                                    
 Hedged)                    CUD.A              23.1320                 0.63%
----------------------------------------------------------------------------
iShares Advantaged            CVD              19.8445                 0.31%
                          --------------------------------------------------
Convertible Bond Index                                                      
 Fund                       CVD.A              19.8361                 0.00%
----------------------------------------------------------------------------
iShares Broad Emerging        CWO              29.1724                 0.00%
                          --------------------------------------------------
Markets Fund                CWO.A              28.9148                 0.00%
----------------------------------------------------------------------------
iShares S&P Global Water      CWW              16.2614                 0.00%
                          --------------------------------------------------
Index Fund                  CWW.A              16.2237                 0.00%
----------------------------------------------------------------------------
iShares Global Monthly        CYH              15.1033                 0.08%
                          --------------------------------------------------
Advantaged Dividend Index                                                   
 Fund                       CYH.A              15.0723                 0.00%
----------------------------------------------------------------------------
iShares Canadian Financial    FIE               6.4501                 0.00%
                          --------------------------------------------------
Monthly Income Fund         FIE.A               6.2776                 0.00%
----------------------------------------------------------------------------
iShares Natural Gas                                                         
 Commodity Index Fund         GAS              12.7146                 0.00%
----------------------------------------------------------------------------
iShares Silver Bullion        SVR              18.2859                 0.00%
                          --------------------------------------------------
Fund                        SVR.C              12.7479                 0.00%
----------------------------------------------------------------------------

Reasons for some of the larger estimated capital gains distributions

CDZ

The iShares S&P/TSX Canadian Dividend Aristocrats Index Fund ("CDZ") experienced capital gains in 2012 due primarily to the increase in the value of securities in the portfolio as well as an index rebalancing. Large contributors to realized capital gains included Enbridge Inc., Telus Corporation and Canadian Utilities Ltd.

Forward-looking information

This notice contains forward-looking statements with respect to the estimated annual 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 those contemplated by the forward-looking statements. Material factors that could cause the actual distributions to differ from the estimated distributions between now and December 15, 2012 (the iShares Funds' tax year ends)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.

Further information on iShares Funds can be found at www.iShares.ca.

About BlackRock

BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At September 30, 2012, BlackRock's AUM was $3.673 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® (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 September 30, 2012, the firm has approximately 10,400 employees in 29 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

The iShares business is the global product leader in exchange traded funds with over 500 funds globally across equities, fixed income and commodities, which trade on 20 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 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 and high net worth individuals.

Contacts:
Media Relations Contact:
Veritas Communications
Tara Wood
416-955-4571 or C: 416-301-5724
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Traditional IT, great for stable systems of record, is struggling to cope with newer, agile systems of engagement requirements coming straight from the business. In his session at 18th Cloud Expo, William Morrish, General Manager of Product Sales at Interoute, will outline ways of exploiting new architectures to enable both systems and building them to support your existing platforms, with an eye for the future. Technologies such as Docker and the hyper-convergence of computing, networking and...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
Contextual Analytics of various threat data provides a deeper understanding of a given threat and enables identification of unknown threat vectors. In his session at @ThingsExpo, David Dufour, Head of Security Architecture, IoT, Webroot, Inc., discussed how through the use of Big Data analytics and deep data correlation across different threat types, it is possible to gain a better understanding of where, how and to what level of danger a malicious actor poses to an organization, and to determin...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
Let’s face it, embracing new storage technologies, capabilities and upgrading to new hardware often adds complexity and increases costs. In his session at 18th Cloud Expo, Seth Oxenhorn, Vice President of Business Development & Alliances at FalconStor, discussed how a truly heterogeneous software-defined storage approach can add value to legacy platforms and heterogeneous environments. The result reduces complexity, significantly lowers cost, and provides IT organizations with improved efficienc...
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
CI/CD is conceptually straightforward, yet often technically intricate to implement since it requires time and opportunities to develop intimate understanding on not only DevOps processes and operations, but likely product integrations with multiple platforms. This session intends to bridge the gap by offering an intense learning experience while witnessing the processes and operations to build from zero to a simple, yet functional CI/CD pipeline integrated with Jenkins, Github, Docker and Azure...
Digital transformation has increased the pace of business creating a productivity divide between the technology haves and have nots. Managing financial information on spreadsheets and piecing together insight from numerous disconnected systems is no longer an option. Rapid market changes and aggressive competition are motivating business leaders to reevaluate legacy technology investments in search of modern technologies to achieve greater agility, reduced costs and organizational efficiencies. ...
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, sha...
As Cybric's Chief Technology Officer, Mike D. Kail is responsible for the strategic vision and technical direction of the platform. Prior to founding Cybric, Mike was Yahoo's CIO and SVP of Infrastructure, where he led the IT and Data Center functions for the company. He has more than 24 years of IT Operations experience with a focus on highly-scalable architectures.
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
An edge gateway is an essential piece of infrastructure for large scale cloud-based services. In his session at 17th Cloud Expo, Mikey Cohen, Manager, Edge Gateway at Netflix, detailed the purpose, benefits and use cases for an edge gateway to provide security, traffic management and cloud cross region resiliency. He discussed how a gateway can be used to enhance continuous deployment and help testing of new service versions and get service insights and more. Philosophical and architectural ap...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.