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CHB iShares US High Yield Fixed Income Index ETF CAD Hedged

14.86
0.00 (0.00%)
29 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
iShares US High Yield Fixed Income Index ETF CAD Hedged TSX:CHB Toronto Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 14.86 14.80 14.99 0 01:00:00

BlackRock Announces Estimated 2013 Annual Capital Gains Distributions for the iShares(R) Funds

19/11/2013 10:19pm

Marketwired Canada


(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:CGR)(TSX:CGR.A)(TSX:CGL)(TSX:CGL.C)(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.B)(TSX:CLU.C)(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:SVR)(TSX:SVR.C)(TSX:XAL)(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:XEI)(TSX:XEM)(TSX:XEN)(TSX:XFN)(TSX:XFR)(TSX:XGB)(TSX:XGC)(TSX:XGD)(TSX:XGI)(TSX:XGR)(TSX:XHB)(TSX:XHC)(TSX:XHD)(TSX:XHY)(TSX:XIC)(TSX:XID)(TSX:XIG)(TSX:XIN)(TSX:XIT)(TSX:XIU)(TSX:XLA)(TSX:XLB)(TSX:XMA)(TSX:XMD)(TSX:XMI)(TSX:XMM)(TSX:XMU)(TSX:XMV)(TSX:XMW)(TSX:XPF)(TSX:XQQ)(TSX:XRB)(TSX:XRE)(TSX:XSB)(TSX:XSH)(TSX:XSP)(TSX:XST)(TSX:XSU)(TSX:XTR)(TSX:XUS)(TSX:XUT)(TSX:XVX)(TSX:XWD)
-  


BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect,
wholly owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the
estimated annual capital gains distributions for the iShares(R) Funds listed
below for the 2013 tax year. Please note that these are estimated amounts only
as of November 6, 2013 and reflect forward-looking information which may cause
the estimates to change before the Funds' December 15, 2013 tax year-end. 


These estimates are for the year-end capital gains distributions only, which are
typically reinvested in additional units of the respective funds rather than
paid in cash, and do not include estimates of ongoing monthly, quarterly, or
semi-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 year-end distribution amounts, as well as the
monthly, quarterly, and semi-annual cash distribution amounts, on or about
December 18, 2013. The ex-dividend date for the 2013 annual distributions will
be December 27, 2013. The record date for the 2013 annual distributions will be
December 31, 2013, payable on January 6, 2014. The actual taxable amounts of
reinvested and cash distributions for 2013, including the tax characteristics of
the distributions, will be reported to brokers (through CDS Clearing and
Depository Services Inc. or "CDS") in early 2014. 




----------------------------------------------------------------------------
                                                                  Estimated 
                                                                     annual 
                                                   Net asset   capital gain 
                                                 value (NAV)    as % of NAV 
                                        Fund     per unit at      at Nov 6, 
Fund Name                             Ticker     Nov 6, 2013           2013 
----------------------------------------------------------------------------
iShares Advantaged Canadian Bond                                            
 Index Fund                              CAB        20.04476        0.00(i)%
                                   -----------------------------------------
                                       CAB.A        20.02108        0.00(i)%
----------------------------------------------------------------------------
iShares Balanced Income                                                     
 CorePortfolio(TM) Fund                  CBD        20.41551           4.84%
                                   -----------------------------------------
                                       CBD.A        20.35869           5.00%
----------------------------------------------------------------------------
iShares 1-10 Year Laddered                                                  
 Corporate Bond Index Fund               CBH        19.67521           0.00%
                                   -----------------------------------------
                                       CBH.A        19.66765           0.00%
----------------------------------------------------------------------------
iShares Balanced Growth                                                     
 CorePortfolio(TM) Fund                  CBN        17.09755           0.73%
                                   -----------------------------------------
                                       CBN.A        17.26614           0.00%
----------------------------------------------------------------------------
iShares 1-5 Year Laddered Corporate                                         
 Bond Index Fund                         CBO        19.76598           0.00%
                                   -----------------------------------------
                                       CBO.A        19.76147           0.00%
----------------------------------------------------------------------------
iShares BRIC Index Fund                  CBQ        24.21572           0.00%
                                   -----------------------------------------
                                       CBQ.A        24.36223           0.00%
----------------------------------------------------------------------------
iShares Broad Commodity Index ETF                                           
 (CAD-Hedged)                            CBR         21.1857           0.00%
                                   -----------------------------------------
                                       CBR.A        20.66797           0.00%
----------------------------------------------------------------------------
iShares S&P(R)/TSX(R) Canadian                                              
 Dividend Aristocrats Index Fund         CDZ        24.06353           0.00%
                                   -----------------------------------------
                                       CDZ.A        23.98343           0.00%
----------------------------------------------------------------------------
iShares Equal Weight Banc & Lifeco                                          
 ETF                                     CEW        9.411844           0.00%
                                   -----------------------------------------
                                       CEW.A        7.684738           0.00%
----------------------------------------------------------------------------
iShares Global Real Estate Index                                            
 Fund                                    CGR         21.0553           0.00%
                                   -----------------------------------------
                                       CGR.A        21.03178           0.00%
----------------------------------------------------------------------------
iShares Gold Bullion ETF                 CGL        11.74916           0.00%
                                   -----------------------------------------
                                       CGL.C        12.33293           0.00%
----------------------------------------------------------------------------
iShares Advantaged U.S. High Yield                                          
 Bond Index Fund (CAD-Hedged)            CHB        21.08602           0.00%
                                   -----------------------------------------
                                       CHB.A          21.052           0.00%
----------------------------------------------------------------------------
iShares China All-Cap Index Fund         CHI        20.40538           0.00%
                                   -----------------------------------------
                                       CHI.A        19.88002           0.00%
----------------------------------------------------------------------------
iShares International Fundamental                                           
 Index Fund                              CIE        15.94095           0.00%
                                   -----------------------------------------
                                       CIE.A        15.99048           0.00%
----------------------------------------------------------------------------
iShares Global Infrastructure Index                                         
 Fund                                    CIF        21.74975           2.66%
                                   -----------------------------------------
                                       CIF.A        21.81972           2.66%
----------------------------------------------------------------------------
iShares Japan Fundamental Index                                             
 Fund (CAD-Hedged)                       CJP        11.15991           0.00%
                                   -----------------------------------------
                                       CJP.A        10.98093           0.00%
----------------------------------------------------------------------------
iShares 1-5 Year Laddered                                                   
 Government Bond Index Fund              CLF        19.46551           0.00%
                                   -----------------------------------------
                                       CLF.A        19.44889           0.00%
----------------------------------------------------------------------------
iShares 1-10 Year Laddered                                                  
 Government Bond Index Fund              CLG         19.3468           0.00%
                                   -----------------------------------------
                                       CLG.A        19.34222           0.00%
----------------------------------------------------------------------------
iShares Oil Sands Index Fund             CLO        12.60716           0.00%
                                   -----------------------------------------
                                       CLO.A         12.5131           0.00%
----------------------------------------------------------------------------
iShares US Fundamental Index Fund        CLU        24.25808           1.84%
                                   -----------------------------------------
                                       CLU.A        24.10995           1.84%
                                   -----------------------------------------
                                       CLU.B        21.06216           1.84%
                                   -----------------------------------------
                                       CLU.C        21.15156           1.84%
----------------------------------------------------------------------------
iShares Managed Futures Index ETF        CMF        20.38996           0.00%
                                   -----------------------------------------
                                       CMF.A         20.0877           0.00%
----------------------------------------------------------------------------
iShares Premium Money Market ETF         CMR        50.01004           0.00%
                                   -----------------------------------------
                                       CMR.A        50.00648           0.00%
----------------------------------------------------------------------------
iShares S&P/TSX Global Mining Index                                         
 Fund                                    CMW        14.88458           0.00%
                                   -----------------------------------------
                                       CMW.A        14.89838           0.00%
----------------------------------------------------------------------------
iShares Global Agriculture Index                                            
 Fund                                    COW        26.24971           0.00%
                                   -----------------------------------------
                                       COW.A        25.75918           0.00%
----------------------------------------------------------------------------
iShares S&P/TSX Canadian Preferred                                          
 Share Index Fund                        CPD        16.18272           0.00%
                                   -----------------------------------------
                                       CPD.A        16.16198           0.00%
----------------------------------------------------------------------------
iShares Canadian Fundamental Index                                          
 Fund                                    CRQ        13.23491           3.01%
                                   -----------------------------------------
                                       CRQ.A        13.20033           2.29%
----------------------------------------------------------------------------
iShares Advantaged Short Duration                                           
 High Income ETF                         CSD         20.2522           0.00%
                                   -----------------------------------------
                                       CSD.A        20.22333           0.00%
                                   -----------------------------------------
                                       CSD.U        20.40636           0.00%
                                   -----------------------------------------
                                       CSD.V        20.37546           0.00%
----------------------------------------------------------------------------
iShares S&P US Dividend Growers                                             
 Index Fund (CAD-Hedged)                 CUD        29.13678           1.01%
                                   -----------------------------------------
                                       CUD.A        29.10412           0.87%
----------------------------------------------------------------------------
iShares Advantaged Convertible Bond                                         
 Index Fund                              CVD        19.20124           0.00%
                                   -----------------------------------------
                                       CVD.A        19.19347           0.00%
----------------------------------------------------------------------------
iShares Emerging Markets                                                    
 Fundamental Index ETF                   CWO        29.73267           0.00%
                                   -----------------------------------------
                                       CWO.A        29.66773           0.00%
----------------------------------------------------------------------------
iShares S&P Global Water Index Fund      CWW        20.86683           0.00%
                                   -----------------------------------------
                                       CWW.A        20.91361           0.00%
----------------------------------------------------------------------------
iShares Global Monthly Advantaged                                           
 Dividend Index Fund                     CYH        16.95068        0.00(i)%
                                   -----------------------------------------
                                       CYH.A        16.91577        0.00(i)%
----------------------------------------------------------------------------
iShares Canadian Financial Monthly                                          
 Income ETF                              FIE        7.069559           0.00%
                                   -----------------------------------------
                                       FIE.A        6.807183           0.00%
----------------------------------------------------------------------------
iShares Silver Bullion ETF               SVR        12.74602           0.00%
                                   -----------------------------------------
                                       SVR.C        9.309728           0.00%
----------------------------------------------------------------------------
iShares Alternatives Completion                                             
 Portfolio Builder Fund                  XAL        26.61613           0.00%
----------------------------------------------------------------------------
iShares DEX Universe Bond Index                                             
 Fund                                    XBB        30.17465           0.13%
----------------------------------------------------------------------------
iShares S&P/TSX Global Base Metals                                          
 Index Fund                              XBM        13.09284           0.00%
----------------------------------------------------------------------------
iShares MSCI(R) Brazil Index Fund        XBZ        13.99258           0.00%
----------------------------------------------------------------------------
iShares DEX All Corporate Bond                                              
 Index Fund                              XCB        20.85793           0.27%
----------------------------------------------------------------------------
iShares S&P Global Consumer                                                 
 Discretionary Index Fund (CAD-                                             
 Hedged)                                 XCD        23.95832           0.00%
----------------------------------------------------------------------------
iShares Dow Jones Canada Select                                             
 Growth Index Fund                       XCG        23.10894           0.00%
----------------------------------------------------------------------------
iShares China Index Fund                 XCH         18.7555           0.00%
----------------------------------------------------------------------------
iShares Conservative Core Portfolio                                         
 Builder Fund                            XCR         22.5206           0.00%
----------------------------------------------------------------------------
iShares S&P/TSX SmallCap Index Fund      XCS        14.92018           0.00%
----------------------------------------------------------------------------
iShares Dow Jones Canada Select                                             
 Value Index Fund                        XCV        22.51473           3.33%
----------------------------------------------------------------------------
iShares Dow Jones Canada Select                                             
 Dividend Index Fund                     XDV        23.96644           0.55%
----------------------------------------------------------------------------
iShares J.P. Morgan USD Emerging                                            
 Markets Bond Index Fund (CAD-                                              
 Hedged)                                 XEB        20.77843           0.00%
----------------------------------------------------------------------------
iShares MSCI Emerging Markets IMI                                           
 ETF                                     XEC        20.41357           0.00%
----------------------------------------------------------------------------
iShares MSCI EAFE IMI Index ETF          XEF        22.71046           0.00%
----------------------------------------------------------------------------
iShares S&P/TSX Capped Energy Index                                         
 Fund                                    XEG        16.70281           0.00%
----------------------------------------------------------------------------
iShares S&P/TSX Equity Income Index                                         
 Fund                                    XEI        21.35112           4.11%
----------------------------------------------------------------------------
iShares MSCI Emerging Markets Index                                         
 Fund                                    XEM         24.7932           0.00%
----------------------------------------------------------------------------
iShares Jantzi Social Index(R) Fund      XEN        19.64554           0.00%
----------------------------------------------------------------------------
iShares S&P/TSX Capped Financials                                           
 Index Fund                              XFN        28.34129           0.00%
----------------------------------------------------------------------------
iShares DEX Floating Rate Note                                              
 Index Fund                              XFR        20.14382           0.03%
----------------------------------------------------------------------------
iShares DEX All Government Bond                                             
 Index Fund                              XGB         20.8775           0.39%
----------------------------------------------------------------------------
iShares Global Completion Portfolio                                         
 Builder Fund                            XGC        27.26373           0.38%
----------------------------------------------------------------------------
iShares S&P/TSX Global Gold Index                                           
 Fund                                    XGD        11.05946           0.00%
----------------------------------------------------------------------------
iShares S&P Global Industrials                                              
 Index Fund (CAD-Hedged)                 XGI        22.98575           0.00%
----------------------------------------------------------------------------
iShares Growth Core Portfolio                                               
 Builder Fund                            XGR        25.36794           0.47%
----------------------------------------------------------------------------
iShares DEX HYBrid Bond Index Fund       XHB        20.61368           0.00%
----------------------------------------------------------------------------
iShares S&P Global Healthcare Index                                         
 Fund (CAD-Hedged)                       XHC        30.94391           0.00%
----------------------------------------------------------------------------
iShares U.S. High Dividend Equity                                           
 Index Fund (CAD-Hedged)                 XHD        23.15289           0.50%
----------------------------------------------------------------------------
iShares U.S. High Yield Bond Index                                          
 Fund (CAD-Hedged)                       XHY        21.57569           0.00%
----------------------------------------------------------------------------
iShares S&P/TSX Capped Composite                                            
 Index Fund                              XIC        21.11969           0.25%
----------------------------------------------------------------------------
iShares CNX Nifty India Index ETF        XID        18.29399           0.00%
----------------------------------------------------------------------------
iShares U.S. IG Corporate Bond                                              
 Index Fund (CAD-Hedged)                 XIG        22.18756           0.00%
----------------------------------------------------------------------------
iShares MSCI EAFE Index Fund (CAD-                                          
 Hedged)                                 XIN        21.48243           0.00%
----------------------------------------------------------------------------
iShares S&P/TSX Capped Information                                          
 Technology Index Fund                   XIT         7.87778           0.00%
----------------------------------------------------------------------------
iShares S&P/TSX 60 Index Fund            XIU        19.33832           0.00%
----------------------------------------------------------------------------
iShares S&P Latin America 40 Index                                          
 Fund                                    XLA        17.27734           0.00%
----------------------------------------------------------------------------
iShares DEX Long Term Bond Index                                            
 Fund                                    XLB         21.3383           0.00%
----------------------------------------------------------------------------
iShares S&P/TSX Capped Materials                                            
 Index Fund                              XMA        12.83494           0.00%
----------------------------------------------------------------------------
iShares S&P/TSX Completion Index                                            
 Fund                                    XMD         22.8333           0.00%
----------------------------------------------------------------------------
iShares MSCI EAFE Minimum                                                   
 Volatility Index Fund                   XMI        25.03457           0.04%
----------------------------------------------------------------------------
iShares MSCI Emerging Markets                                               
 Minimum Volatility Index Fund           XMM        22.84329           0.21%
----------------------------------------------------------------------------
iShares MSCI USA Minimum Volatility                                         
 Index Fund                              XMU        24.93268           0.89%
----------------------------------------------------------------------------
iShares MSCI Canada Minimum                                                 
 Volatility Index Fund                   XMV        23.23846           0.08%
----------------------------------------------------------------------------
iShares MSCI All Country World                                              
 Minimum Volatility Index Fund           XMW        24.23479           0.00%
----------------------------------------------------------------------------
iShares S&P/TSX North American                                              
 Preferred Stock Index Fund (CAD-                                           
 Hedged)                                 XPF        19.17173           0.00%
----------------------------------------------------------------------------
iShares NASDAQ 100 Index Fund (CAD-                                         
 Hedged)                                 XQQ         28.1269           0.00%
----------------------------------------------------------------------------
iShares DEX Real Return Bond Index                                          
 Fund                                    XRB        22.65048           3.51%
----------------------------------------------------------------------------
iShares S&P/TSX Capped REIT Index                                           
 Fund                                    XRE        15.23496           5.73%
----------------------------------------------------------------------------
iShares DEX Short Term Bond Index                                           
 Fund                                    XSB        28.60864           0.00%
----------------------------------------------------------------------------
iShares DEX Short Term Corporate                                            
 Universe + Maple Bond Index Fund        XSH        19.82266           0.00%
----------------------------------------------------------------------------
iShares S&P 500 Index Fund (CAD-                                            
 Hedged)                                 XSP        20.37986           0.00%
----------------------------------------------------------------------------
iShares S&P/TSX Capped Consumer                                             
 Staples Index Fund                      XST        30.94612           0.38%
----------------------------------------------------------------------------
iShares Russell 2000(R) Index Fund                                          
 (CAD-Hedged)                            XSU        23.63482           0.00%
----------------------------------------------------------------------------
iShares Diversified Monthly Income                                          
 Fund                                    XTR        12.01752           0.00%
----------------------------------------------------------------------------
iShares S&P 500 Index ETF                XUS        23.04065           0.00%
----------------------------------------------------------------------------
iShares S&P/TSX Capped Utilities                                            
 Index Fund                              XUT        19.39598           0.25%
----------------------------------------------------------------------------
iShares S&P/TSX Venture Index Fund       XVX        12.00968           0.00%
----------------------------------------------------------------------------
iShares MSCI World Index Fund            XWD        30.88266           0.00%
----------------------------------------------------------------------------



(i)Additional capital gains distributions will be made on the CAB, CAB.A, CYH
and CYH.A units, as discussed below.


Reasons for some of the larger estimated capital gains distributions are as follows:

XRE 

The iShares S&P/TSX Capped REIT Index Fund's ("XRE") capital gains are largely
the result of the acquisition of Primaris Real Estate Investment Trust by H&R
Real Estate Investment Trust during the year, which led to the realization of
capital gains embedded in the Primaris position held by the fund.


XEI 

The iShares S&P/TSX Equity Income Index Fund ("XEI") experienced capital gains
in 2013 primarily due to the appreciation of securities held in its portfolio,
and realized on the sale of securities in connection with the quarterly index
rebalances. Some of the larger contributors to the gain were realized on the
disposition of shares in Thomson Reuters Corp., Shaw Communications Inc. B,
Husky Energy Inc., Cineplex Inc., and Bank of Nova Scotia.


CBD 

The iShares Balanced Income CorePortfolio(TM) Fund ("CBD") experienced capital
gains in 2013 in part due to the appreciation of securities held in its
portfolio. Gains were also realized on the fund's holding of the iShares Global
Monthly Advantaged Dividend Index Fund ("CYH"). See below for further details on
CYH's distributions.


XRB 

The iShares DEX Real Return Bond Index Fund ("XRB") realized capital gains in
2013 on the disposition of securities held as part of the normal course of
operations for which there were embedded gains based on strong past performance.


Forward-using iShares ETFs: 

CYH, CAB, CBR, CHB, CMF, CSD and CVD 

On September 17, 2013, BlackRock Canada announced changes to seven forward-using
iShares Funds in response to proposed new federal taxation rules that would deem
gains on the settlement of certain forward agreements to be included in ordinary
income rather than treated as capital gains. 


As disclosed in a press release issued earlier today, each of the iShares Global
Monthly Advantaged Dividend Index Fund ("CYH") and the iShares Advantaged
Canadian Bond Index Fund ("CAB") experienced significant capital gains in 2013
due primarily to the appreciation in value of their respective reference
portfolios that were realized upon the termination of the respective funds'
forward agreements, which occurred in the fourth quarter of 2013 as part of the
changes to the funds. As a result, CYH and CAB will make special capital gains
distributions to unitholders on record as-of November 28, 2013. 


BlackRock Canada does not expect that there will be year-end capital gain
distributions for iShares Broad Commodity Index Fund (CAD-Hedged) ("CBR"),
iShares Advantaged U.S. High Yield Bond Index Fund ("CHB"), iShares Managed
Futures Index Fund ("CMF"), iShares Advantaged Short Duration High Income ETF
("CSD") and iShares Advantaged Convertible Bond Index Fund ("CVD") as a result
of the changes to the funds. BlackRock Canada does expect, however, that for the
forward-using iShares ETFs, regular cash distributions made during 2013 will be
characterized as capital gains. 


Certain considerations pertaining to the tax treatment of each of the
forward-using iShares ETFs and its forward agreement(s) are set out in the
fund's prospectus. As described above, the termination of a fund's forward
agreement, will have the effect of realizing certain of these tax consequences.
Unitholders should consult their own tax advisors about the consequences in
their particular circumstances.


Forward-looking information 

This notice contains forward-looking statements with respect to the 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 the estimated annual distributions set
forth in this notice. Factors that could cause the actual distributions to
differ from the estimated distributions between now and December 15, 2013 (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. 


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, 2013,
BlackRock's AUM was US$4.096 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(R). Headquartered in New
York City, as of September 30, 2013, the firm has approximately 11,200 employees
in 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 www.blackrock.com.


About iShares ETFs

iShares is the global product leader in exchange traded funds with over 600
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.


iShares(R) Funds are managed by BlackRock Asset Management Canada Limited.
Commissions, management fees and expenses all may be associated with investing
in iShares Funds. Please read the relevant prospectus before investing. The ETFs
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. 


(C) 2013 BlackRock Asset Management Canada Limited. All rights reserved.
iSHARES(R) and BLACKROCK(R) are registered trademarks of BlackRock, Inc., or its
subsidiaries in the United States and elsewhere. Used with permission. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Contact for Media:
Veritas Communications
Maeve Hannigan
T - 416-955-4570
C - 647-618-8621
hannigan@veritasinc.com

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