Exchange Bulletin

iShares Conservative Strategic Fixed Income ETF (XSE) To Trade On Toronto Stock Exchange


September 9, 2015

iShares Conservative Strategic Fixed Income ETF (the "iShares Fund") - An application has been granted for the original listing in the Industrial category of 200,000 units (the "Units") of the iShares Fund, of which all will be issued and outstanding, and none of which will be reserved for issuance upon completion of an initial public offering.

Listing of the Units will become effective at 5:01 p.m. on Wednesday, September 9, 2015, as the offering will close prior to the opening on Thursday, September 10, 2015. The Units will be posted for trading at the opening on Thursday, September 10, 2015.

Units of the iShares Fund are offered on a continuous basis and the iShares Fund is entitled to issue an unlimited number of Units. Each Unit represents an equal beneficial interest in the iShares Fund.

The registration and transfer of Units will be effected through the book-entry only system administered by CDS Clearing and Depository Services Inc. Unitholders of the iShares Fund will not have the right to receive physical certificates evidencing their ownership of the Units.

Additional information on the Units may be found in the final prospectus dated August 24, 2015 (the "Prospectus"), which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.

 

Stock Symbol: "XSE" CUSIP: 464291 10 3 Currency: CDN$

 

Designated Market Maker: RBC Capital Markets
Other Markets: None
Head Office Address: c/o BlackRock Asset Management Canada Limited
Suite 2500
161 Bay Street
Toronto, Ontario
M5J 2S1
Website: www.blackrock.com/ca
Telephone Number: (416) 933-6410
Fax Number: (416) 643-4035
Investor Relations: Steven Leong
Tel: (416) 933-6410
steven.leong@blackrock.com
Chief Financial Officer: Marc Comerchero
Assistant Secretary: Bridget Campbell
Incorporation: The iShares Fund is an exchange-traded fund established as a trust under the laws of the Province of Ontario pursuant to a master declaration of trust amended and restated as of August 20, 2015 governing the iShares Fund, as may be further amended and/or restated from time to time.
Manager and Trustee: BlackRock Asset Management Canada Limited
Fiscal Year End: December 31
Nature of Business: The iShares Fund seeks to generate income for Unitholders by investing primarily in securities of one or more exchange-traded funds managed by BlackRock Canada or an affiliate that provide exposure to Canadian and international fixed income securities, including government bonds, investment grade corporate bonds, high yield securities, emerging market debt and other types of fixed income investments, while adhering to certain portfolio constraints upon rebalancing. In seeking to generate income, the iShares Fund will, upon rebalancing, generally limit its total exposure to high yield securities to 25% of its portfolio. Exposure to these types of fixed income investments may also be obtained by investing directly in them and/or through the use of derivatives. The iShares Fund will seek to hedge any resulting U.S. dollar or other foreign currency exposure, as applicable, back to Canadian dollars.
Transfer Agent & Registrar: State Street Trust Company Canada at its principal office in Toronto.
Distributions and
Automatic Reinvestment:
Cash distributions on Units of the iShares Fund are expected to be made monthly. Capital Gains distributions on the Units of the iShares Fund are expected to be made annually.

It is intended that, for each taxation year of the iShares Fund, any net income and net realized capital gains of the iShares Fund will be distributed to such an extent that the iShares Fund will not be liable for ordinary income tax thereon. To the extent that the iShares Fund has not distributed the full amount of its net income or net realized capital gains in any taxation year, the difference between such amount and the amount actually distributed by the iShares Fund will be paid as a "reinvested distribution". Reinvested distributions (if any), net of any required withholding tax, will be reinvested automatically in additional Units of the iShares Fund at a price equal to the Net Asset Value per Unit of the iShares Fund and the Units of the iShares Fund will be immediately consolidated such that the number of outstanding Units of the iShares Fund following the distribution will equal the number of Units of the iShares Fund outstanding prior to the distribution.
Sponsorship: Not applicable
Initial Issuance of Units: Pursuant to the terms of the Prospectus, Units will be issued and sold on a continuous basis and there will be no maximum number of Units that may be issued. Units sold in connection with the initial public offering for the iShares Fund will amount to 200,000 Units at a price of $20.00 per Unit.