iShares Named Morningstar ETF Provider of the Year
TORONTO, ONTARIO -- (Marketwire) -- 11/29/12 -- BlackRock Asset
Management Canada Limited (BlackRock Canada), an indirect,
wholly-owned subsidiary of BlackRock, Inc. (NYSE:BLK), announced that
its Canadian iShares business swept the ETF category awards last
night at 18th annual Morningstar Canadian Investment Awards and Gala
held last night in Toronto. In addition to winning ETF Provider of
the Year, iShares took home the ETF Initiative of the Year award,
plus two new awards for Best Equity ETF and Best Fixed-Income ETF.
"For more than ten years, BlackRock's iShares business has been the
leader in the Canadian ETF space and a trusted partner for investors
so we are really proud to have that work recognized," said Mary Anne
Wiley, Managing Director and Head of iShares at BlackRock Canada. "It
is also great to see Morningstar expanding the awards under the ETF
category. As the fastest growing investment vehicle, investors are
clearly voting with their dollars and industry recognition, such as
this, reinforces the value of these products."
The evening honoured companies and individuals that Morningstar
believes have made a difference in the lives of investors through
superior investment products, service, marketing, and education.
-- ETF Provider of the Year.
-- ETF Initiative of the Year for its work making ETFs more accessible to
Canadian investors through events, and various online and offline
-- Best Equity ETF for iShares S&P/TSX Capped Composite Index Fund (XIC).
-- Best Fixed-Income ETF for iShares DEX Universe Bond Index Fund (XBB).
BlackRock is a leader in investment management, risk management and
advisory services for institutional and retail clients worldwide. At
September 30, 2012, BlackRock's AUM was US$3.673 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 September 30,
2012, the firm has approximately 10,400 employees in 29 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 the Company's website at
About iShares(R) ETFs
The iShares business is the global product leader in exchange traded
funds with over 600 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
Contact for Media:
416-955-4570 or C: 647-618-8621
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