BlackRock Canada Announces Re-Opening of CSD, CHB and CBR With Completion of Previously Announced Changes

(TSX:CSD)(TSX:CHB)(TSX:CBR) - 

Announcement relating to the following iShares Funds:



--  iShares Advantaged Short Duration High Income ETF (formerly, iShares
    Advantaged Short Duration High Income Fund) ("CSD")
--  iShares Advantaged U.S. High Yield Bond Index ETF (CAD-Hedged)
    (formerly, iShares Advantaged U.S. High Yield Bond Index Fund (CAD-
    Hedged)) ("CHB") 
--  iShares Broad Commodity Index ETF (CAD-Hedged) (formerly, iShares Broad
    Commodity Index Fund (CAD-Hedged)) ("CBR")



On September 17, 2013, BlackRock Asset Management Canada Limited ("BlackRock
Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. ("BlackRock"),
announced certain changes to CSD, CHB, CBR and other iShares funds managed by
BlackRock Canada that use forward agreements for certain investment purposes, in
response to proposed new federal taxation rules first introduced in conjunction
with the 2013 Federal Budget. Following the initial announcement of these
proposed rules, CSD, CHB and CBR had temporarily stopped accepting
subscriptions, except in certain limited circumstances.


Effective as of December 10, 2013, CSD, CHB and CBR will be re-opened to new
subscriptions in connection with the implementation of the previously announced
changes to their respective investment strategies. 


In connection with the implementation of the previously announced changes,
BlackRock Canada is also providing additional information regarding the
termination of the U.S. dollar-denominated common units of CSD ("CSD.U") and
U.S. dollar-denominated advisor class units of CSD ("CSD.V", and together with
CSD.U, the "USD Units"). The USD Units were delisted from the Toronto Stock
Exchange on December 5, 2013. The assets of CSD referable to the USD Units were
liquidated. The final net asset value of the USD Units was determined on
December 9, 2013. The net asset value per unit of CSD.U was US$19.61708. The net
asset value per unit of CSD.V was US$19.58573. Holders of USD Units will receive
their respective distribution entitlements on or about December 13, 2013.
Following this distribution, the USD Units will no longer be offered by CSD.


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:
Maeve Hannigan
Veritas Communications
T - 416-955-4570
C - 647-618-8621
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