XWD iShares MSCI World Index ETF

BlackRock Asset Management Canada Limited (BlackRock Canada), an indirect,
wholly owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced that it
will be changing the management fees for the iShares S&P 500 Index Fund
(CAD-Hedged) (XSP) and the iShares MSCI All World Index Fund (XWD) (the Funds)
as a result of the fee change announced earlier by BlackRock, Inc., to its
iShares S&P 500 Index Fund (IVV), the underlying fund in which the Funds invest.


Effective October 17, 2012, the annual management fee payable by XSP will be
reduced to a level of up to 0.22% of net asset value and the annual management
fee for XWD will be reduced to 0.44% of net asset value. 


"As iShares looks to build on its market-leading position in the ETF industry,
we continue to enhance the value proposition that iShares delivers to investors
globally," says Mary Anne Wiley, Managing Director, Head of iShares, BlackRock
Canada. "Our ability to pass along this change to Canadian investors is just
another example of the benefits we can achieve through the global scale of our
business."


iShares is the global leader in ETFs in assets and flows and has attracted more
than $50 billion in net new assets year to date, as of September 30, 2012 - more
than any other provider worldwide. 


The XSP management fee is the sum of (i) an annual fee of 0.15% paid by XSP to
BlackRock Canada and (ii) an annual fee of up to 0.07% paid to an affiliate of
BlackRock Canada by IVV, the fund in which XSP invests. This underlying
management fee fluctuates based on the net asset value of IVV and is paid
indirectly by XSP. The management fee payable by XWD to BlackRock Canada is set
at a level that is adjusted to ensure that the total annual fees paid directly
or indirectly to BlackRock Canada and its affiliates do not exceed 0.44% of the
net asset value of XWD. An affiliate of BlackRock Canada is entitled to receive
a fee for acting as manager of IVV, the fund in which in which XWD invests. As
this underlying product fee is embedded in the market value of IVV, this fee is
indirectly paid by XWD. 


About BlackRock

BlackRock is a leader in investment management, risk management and advisory
services for institutional and retail clients worldwide. At June 30, 2012,
BlackRock's AUM was US $3.560 trillion. BlackRock offers products that span the
risk spectrum to meet clients' needs, including active, enhanced and index
strategies across markets and asset classes. Products are offered in a variety
of structures including separate accounts, mutual funds, iShares(R) (exchange
traded funds), and other pooled investment vehicles. BlackRock also offers risk
management, advisory and enterprise investment system services to a broad base
of institutional investors through BlackRock Solutions(R). Headquartered in New
York City, as of June 30, 2012, BlackRock has approximately 9,900 employees in
27 countries and a major presence in key global markets, including North and
South America, Europe, Asia, Australia and the Middle East and Africa. For
additional information, please visit BlackRock's website at www.blackrock.com. 


About iShares(R) ETFs

iShares is the global product leader in exchange traded funds with over 500
funds globally across equities, fixed income and commodities, which trade on 20
exchanges worldwide. The iShares Funds are bought and sold like common stocks on
securities exchanges. The iShares Funds are attractive to many individual and
institutional investors and financial intermediaries because of their relative
low cost, tax efficiency and trading flexibility. Investors can purchase and
sell shares through any brokerage firm, financial advisor, or online broker, and
hold the funds in any type of brokerage account. The iShares customer base
consists of the institutional segment of pension plans and fund managers, as
well as the retail segment of financial advisors and high net worth individuals.


iShares(R) Funds are managed by BlackRock Asset Management Canada Limited and
BlackRock Investments Canada Inc. Commissions, management fees and expenses all
may be associated with investing in iShares 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.

iShares MSCI World Index... (TSX:XWD)
Historical Stock Chart
Von Jun 2024 bis Jul 2024

iShares MSCI World Index... (TSX:XWD)
Historical Stock Chart
Von Jul 2023 bis Jul 2024