TORONTO, Nov. 05, 2019 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (BLK), today announces an update to the investment risk level of the U.S. dollar denominated units (“USD Units”) of the exchange traded fund (“iShares ETF”) listed below.
|iShares ETF Name||Previous Risk Rating||Updated Risk Rating|
|iShares Core MSCI Emerging Markets IMI Index ETF – USD Units (TSX:XEC.U)||Medium||Medium to High|
A copy of the standardized risk classification methodology used by BlackRock Canada to identify the investment risk levels of the iShares ETFs is available on request, at no cost, by calling us at 1-855-255-5951 or by writing to BlackRock Canada at 161 Bay Street, Suite 2500, Toronto, Ontario M5J 2S1.
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.
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+ 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.
MSCI is a trademark of MSCI, Inc. (“MSCI”). XEC is permitted to use the MSCI mark pursuant to a license agreement between MSCI and BlackRock Institutional Trust Company, N.A. (“BTC”), relating to, among other things, the license granted BTC to use the indices. BTC has sublicensed the use of this trademark to BlackRock Canada. XEC is not sponsored, endorsed, sold or promoted by MSCI and MSCI makes no representation, condition or warranty regarding the advisability of investing in XEC.
iSHARES is a registered trademark of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. Used under licence. © 2019 BlackRock Asset Management Canada Limited. All rights reserved.
1 Based on US$6.96 trillion in AUM as of 9/30/19.
For more information, please contact:
Maeve Hannigan, BlackRock Communications, 416-564-1540, firstname.lastname@example.org