TORONTO, Sept. 27, 2019 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (BlackRock Canada), an indirect, wholly-owned subsidiary of BlackRock, Inc. (BlackRock) (NYSE: BLK) today announces an update to the investment risk ratings of the mutual funds listed below (the Funds). These changes will be reflected in the simplified prospectus for the Funds that will be filed on or about September 27, 2019.
| Fund Name | Previous Risk Rating | Updated Risk Rating |
| BlackRock MaxGrowth Portfolio | Medium | Low to Medium |
| BlackRock Diversified Monthly Income Portfolio | Low to Medium | Low |
A copy of the standardized risk classification methodology used by BlackRock Canada to identify the investment risk levels of the Funds 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.
About BlackRock
BlackRock helps investors build better financial futures. 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 June 30, 2019, the firm managed approximately US$6.84 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 | LinkedIn: www.linkedin.com/company/blackrock.
Commissions, trailing commissions, management fees and expenses all may be associated with investing in the Funds. 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.
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Contact for Media:
Maeve Hannigan
T - 416-643-4058
Email - Maeve.Hannigan@blackrock.com