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.

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
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus o...
Big Data engines are powering a lot of service businesses right now. Data is collected from users from wearable technologies, web behaviors, purchase behavior as well as several arbitrary data points we’d never think of. The demand for faster and bigger engines to crunch and serve up the data to services is growing exponentially. You see a LOT of correlation between “Cloud” and “Big Data” but on Big Data and “Hybrid,” where hybrid hosting is the sanest approach to the Big Data Infrastructure pro...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Hardware virtualization and cloud computing allowed us to increase resource utilization and increase our flexibility to respond to business demand. Docker Containers are the next quantum leap - Are they?! Databases always represented an additional set of challenges unique to running workloads requiring a maximum of I/O, network, CPU resources combined with data locality.
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, will explore the value of Kibana 4 for log analysis and will give a real live, hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He will examine three use cases: IT operations, business intelligence, and security and compliance. This is a hands-on session that will require participants to bring their own laptops, and we will provide the rest.
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
In his General Session at 16th Cloud Expo, David Shacochis, host of The Hybrid IT Files podcast and Vice President at CenturyLink, investigated three key trends of the “gigabit economy" though the story of a Fortune 500 communications company in transformation. Narrating how multi-modal hybrid IT, service automation, and agile delivery all intersect, he will cover the role of storytelling and empathy in achieving strategic alignment between the enterprise and its information technology.
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud enviro...
In their general session at 16th Cloud Expo, Michael Piccininni, Global Account Manager - Cloud SP at EMC Corporation, and Mike Dietze, Regional Director at Windstream Hosted Solutions, reviewed next generation cloud services, including the Windstream-EMC Tier Storage solutions, and discussed how to increase efficiencies, improve service delivery and enhance corporate cloud solution development. Michael Piccininni is Global Account Manager – Cloud SP at EMC Corporation. He has been engaged in t...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, will highlight the current challenges of these transformative technologies and share strategies for preparing your organization for these changes. This “view from the top” will outline the latest trends and developm...
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...