Exchange Bulletin
iShares Core Short Term High Quality Canadian Bond Index ETF (XSQ) To Trade On Toronto Stock Exchange
iShares Core Short Term High Quality Canadian Bond Index 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 Friday, July 18, 2014 in anticipation of the Offering closing prior to the opening of business on Monday, July 21, 2014. The Units will be posted for trading at the opening of business on Monday, July 21, 2014, upon confirmation of the closing.
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 July 9, 2014 (the "Prospectus"), which is available at www.SEDAR.com. Capitalized terms not otherwise defined are as defined in the Prospectus.
| Stock Symbol: "XSQ" | CUSIP: 46435A 10 5 | Trading Currency: CDN$ |
| Temporary Market Maker: | CIBC World Markets Inc. |
| Other Markets: | None. |
| Head Office Address: | c/o BlackRock Asset Management Canada Limited Suite 2500 161 Bay Street Toronto, Ontario M5J 2S1 |
| Website: | www.ishares.ca |
| Head Office Telephone Number: | (416) 933-6410 |
| Fax Number: | (416) 643-4035 |
| Investor Relations: | David Stephenson Tel: (416) 594-4411 Email: david.stephenson@blackrock.com |
| Chief Financial Officer: | Marc Comerchero |
| Chief Compliance Officer and Secretary: | Margaret Gunawan |
| 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 July 9, 2014, governing the iShares Fund, as may be 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 provide income by replicating, to the extent possible, the performance of the FTSE TMX Canada Liquid Short Term Capped Bond Index, net of expenses. The investment strategy of the iShares Fund is to invest in a regularly rebalanced portfolio of bonds, selected by BlackRock Canada from time to time, that closely matches the characteristics of the Index. |
| 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. On an annual basis, the iShares Fund will ensure that the net income and net realized capital gains of the iShares Fund have been distributed to unitholders 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 capital gains in cash in any year, the difference between such amount and the amount actually distributed by the iShares Fund in cash will be paid as a "reinvested distribution". Reinvested distributions 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. |
| 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. |
