BlackRock® Canada Announces Final July Cash Distributions for the iShares® Premium Money Market ETF

Rhea-AI Summary

BlackRock Canada has announced the final cash distributions for the iShares Premium Money Market ETF (Ticker: CMR) for July 2020. Unitholders on record as of July 28, 2020, will receive a cash distribution of $0.003 per unit, payable on July 31, 2020. This reflects BlackRock's ongoing commitment to providing liquidity and income through its investment products. As of March 31, 2020, BlackRock manages approximately US$6.47 trillion in assets globally, highlighting its significant market presence and fiduciary responsibility.

Positive

• Cash distribution of $0.003 per unit for the iShares Premium Money Market ETF.
• Demonstrates BlackRock's ongoing commitment to providing returns to unitholders.

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• None.

TORONTO, July 27, 2020 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited  (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final July 2020 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on July 28, 2020 will receive cash distributions payable on July 31, 2020.

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

Fund Name	Fund Ticker	Cash Distribution Per Unit ($)
iShares Premium Money Market ETF	CMR	0.003

Further information on the iShares ETFs 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 March 31, 2020, the firm managed approximately US$6.47 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @BlackRockCA | Blog: www.blackrockblog.com/can/ | LinkedIn: www.linkedin.com/company/blackrock.

About iShares
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$1.85 trillion in assets under management as of March 31, 2020, 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$6.47 trillion in AUM as of 3/31/20

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                                                                                           
T – 416-643-4058
Email: Maeve.Hannigan@blackrock.com

 

FAQ

When will the cash distributions for the iShares Premium Money Market ETF (BLK) be paid?

The cash distributions will be payable on July 31, 2020.

What is the cash distribution amount for the iShares Premium Money Market ETF (BLK)?

The cash distribution per unit is $0.003.

Who is eligible to receive the cash distribution for the iShares Premium Money Market ETF (BLK)?

Unitholders of record on July 28, 2020, are eligible to receive the cash distribution.