iShares Diversified Monthly Income ETF
The iShares Diversified Monthly Income ETF seeks to provide a consistent monthly cash distribution, with the potential for modest long-term capital growth, by investing primarily in Canadian iShares Funds that provide exposure to a diversified portfolio of income-bearing investments. Exposure to these types of income-bearing investments may also be obtained by investing directly in them and/or through the use of derivatives. The investment strategy of XTR is to invest primarily in income-bearing Canadian iShares Funds. XTR will invest in a portfolio that is a diversified representation of income-bearing asset classes, including, but not limited to, common equities, fixed income securities and real estate investment trusts.
BlackRock Canada will develop and maintain a strategic asset allocation policy for XTR. The fund will generally rebalance to this allocation policy on a quarterly basis, but may also do so more frequently if market conditions warrant. The majority of the XTR's investment exposure will be to Canadian securities, but foreign asset classes may also be included as a result of their income properties or diversification benefits. BlackRock Canada will review, and may adjust, XTR's strategic asset allocation from time to time, as market conditions change, and as the investible universe evolves.
BlackRock announces unitholders vote in favour of the change to the investment objective of the iShares S&P/TSX Income Trust Index Fund (XTR) - Press Release.
The above results are hypothetical and are intended for illustrative purposes only. The Hypothetical Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses, were deducted. As a result of the risks and limitations inherent in hypothetical performance data, hypothetical results may differ from actual performance.
Unlike an actual performance record, simulated results do not represent actual performance and are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. There are frequently differences between simulated performance results and the actual results subsequently achieved by any particular fund. In addition, since trades have not actually been executed, simulated results cannot account for the impact of certain market risks such as lack of liquidity. There are numerous other factors related to the markets in general or the implementation of any specific investment strategy, which cannot be fully accounted for the in the preparation of simulated results and all of which can adversely affect actual results.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
All amounts given in Canadian dollars.
At least once each year, the Fund will distribute all net taxable income to investors. These distributions will either be paid in cash or reinvested in the Fund, as may be determined by BlackRock Asset Management Canada Limited from time to time. These distributions will consist primarily of distributions received from the securities held within the Fund less Fund expenses, plus any realized capital gains generated from securities transactions within the Fund.
The amounts of past distributions are shown below. The characterization of distributions for tax purposes (such as dividends, other income, capital gains etc.) for each period will be reported only after the Fund's tax year end. Therefore, the chart below showing the tax characteristics will be updated only once each tax year. For tax purposes, these amounts will be reported by brokers on official tax statements.
as of 28-Apr-2016
|Ticker||Name||Sector||Country of Risk||Shares||Market Value||Weight (%)||Price||Exchange||Notional Value|
|XHB||iShs CAD Hybrd Cp Bd Idx ETF (CAD)||Corporates||Canada||6,037,509||$122,561,433||19.78||20.30||Toronto Stock Exchange||122,561,432.70|
|XHY||iShares U.S. High Yield Bond Index||Corporates||Canada||4,816,123||$92,132,433||14.87||19.13||Toronto Stock Exchange||92,132,432.99|
|CUD||ISHARES S&P US DIVIDEND GROWERS IN||ETFs||United States||2,412,323||$83,394,006||13.46||34.57||Toronto Stock Exchange||83,394,006.11|
|CBO||ISHARES 1-5 YEAR LADDERED CORPORAT||Corporates||Canada||3,817,014||$72,866,797||11.76||19.09||Toronto Stock Exchange||72,866,797.26|
|XEI||iShares S&P/TSX Equity Income Inde||ETFs||Canada||2,917,085||$56,387,253||9.10||19.33||Toronto Stock Exchange||56,387,253.05|
|CPD||ISHARES S&P/TSX CANADIAN PREFFERED||ETFs||Canada||4,394,750||$54,758,585||8.84||12.46||Toronto Stock Exchange||54,758,585.00|
|XRE||iShares S&P/TSX Capped REIT Index||ETFs||Canada||3,174,086||$50,785,376||8.20||16.00||Toronto Stock Exchange||50,785,376.00|
|XDV||iShares Canadian Select Dividend I||ETFs||Canada||2,152,805||$47,792,271||7.71||22.20||Toronto Stock Exchange||47,792,271.00|
|XUT||iShares S&P/TSX Capped Utilities I||ETFs||Canada||1,868,580||$38,773,035||6.26||20.75||Toronto Stock Exchange||38,773,035.00|
|CAD||CAD CASH||Cash and/or Derivatives||Canada||190,333||$190,333||0.03||100.00||-||190,333.30|
|Ticker||Name||Weight (%)||Price||Shares||Market Value||Notional Value||Sector||SEDOL||ISIN||Exchange||Country of Risk||Currency||Market Currency||FX Rate|
|Ticker||Name||Weight (%)||Sector||Country of Risk||Market Value||Shares||Price||ISIN||SEDOL||Exchange||Currency||Market Currency||FX Rate||Notional Value|
% of Market Value
Cash and Derivatives