BlackRock Canada Announces Update to the Final Annual Reinvested Capital Gains Distributions for an iShares ETF

TORONTO, Jan. 10, 2020 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced revised final annual reinvested capital gains distributions for the iShares ETF listed below for the 2019 tax year, which replaces BlackRock Canada’s press release dated December 30, 2019 in respect of this iShares ETF.

The distribution is for the annual non-cash capital gains distribution, which is typically reinvested in additional units of the fund at the year-end, and does not include estimates of ongoing monthly, quarterly, semi-annual, or annual cash distribution amounts. The additional units are immediately consolidated with the previously outstanding units such that the number of outstanding units following the distribution is equal to the number of units outstanding prior to the distribution. The distribution and consolidation does not impact net asset value per unit.

The record date for the 2019 annual distribution is December 31, 2019. The actual taxable amount of reinvested and cash distributions for 2019, including the tax characteristics of the distribution, will be reported to brokers (through CDS Clearing and Depository Services Inc. or “CDS”) in early 2020.

Details regarding the “per unit” distribution amount are as follows:

Fund Name	Fund Ticker	Reinvested Capital Gains Distribution Per Unit ($)
Dynamic iShares Active U.S. Dividend ETF	DXU	1.71296

Further information on the iShares Funds can be found at http://www.blackrock.com/ca.

About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of September 30, 2019, the firm managed approximately US$6.96 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit  www.blackrock.com/ca | Twitter: @BlackRockCA | LinkedIn: www.linkedin.com/company/blackrock.

About iShares ETFs
iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 900+ exchange traded funds (ETFs) and US$2 trillion in assets under management as of September 30, 2019, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock, trusted to manage more money than any other investment firm¹.

¹ Based on US$6.96 trillion in AUM as of 9/30/19

iShares ETFs are managed by BlackRock Asset Management Canada Limited. 

Commissions, trailing commissions, management fees and expenses all may be associated with investing in iShares ETFs.  Please read the relevant prospectus before investing.  The funds 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.

Contact for Media:
Maeve Hannigan
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