TORONTO, Nov. 22, 2018 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE:BLK) and manager of the iShares Balanced Income CorePortfolio™ Index ETF (“CBD”) and iShares Balanced Growth CorePortfolio™ Index ETF (“CBN”, and together with CBD, the “iShares Funds”), announced on September 28, 2018 that it called special meetings of the unitholders of CBD and CBN (the “Meetings”), to be held on December 3, 2018, to approve changes to the fundamental investment objective of each iShares Fund and certain related matters (the “Proposals”). Further details regarding the Proposals and related changes have been provided in a joint management information circular dated October 29, 2018 (the “Circular”) that has been mailed to unitholders of record of the iShares Funds as of October 19, 2018.
The Canadian Union of Postal Workers continues rotating strikes in Canada, which may disrupt postal services and delay the delivery of the Circular, forms of proxy and/or voting instruction forms in respect of the Meetings. This could also delay the return of voting instruction forms sent by mail and unitholders are encouraged to consider the use of an alternative voting method to submit voting instruction forms to avoid any delay in receiving their voting instructions. Please carefully review and follow the instructions on the voting instruction form to submit voting instructions, including by telephone or over the internet at www.proxyvote.com.
BlackRock Canada also wishes to remind unitholders that the Circular may be obtained electronically on SEDAR at www.sedar.com, on the iShares Funds’ website at www.blackrock.com/ca or by contacting your financial intermediary.
If for any reason a unitholder has not received physical delivery of their voting instruction form and control number by mail, they can obtain their control number and instructions on how to submit their voting instructions by telephone or over the internet at www.proxyvote.com by contacting their financial intermediary. Unitholders who do not want to take the steps required to attend and vote at the Meetings should submit their voting instructions no later than November 28, 2018.
About BlackRock
BlackRock helps investors build better financial futures. As a fiduciary to our clients, we provide the investment and technology solutions they need when planning for their most important goals. As of September 30, 2018, the firm managed approximately US$6.44 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com/ca | Twitter: @blackrockCA | Blog: www.blackrockblog.com/can
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 800+ exchange traded funds (ETFs) and US$1.8 trillion in assets under management as of September 30, 2018, 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 firm.1
1 Based on US$6.44 trillion in AUM as of 9/30/18.
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.
©2018 BlackRock Asset Management Canada Limited. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. Used with permission.
Contact for Media:
Julia Koene
T – 416-643-4010
Email: julia.koene@blackrock.com