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Exchange Bulletin

iShares Edge MSCI Min Vol USA Index ETF (CAD-Hedged) (XMS) To Trade On Toronto Stock Exchange


April 8, 2016

iShares Edge MSCI Min Vol USA Index ETF (CAD-Hedged) (the “iShares Fund”) - An application has been granted for the original listing in the Non-Corporate Issuer category of 100,000 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, April 8, 2016, as the offering will close prior to the opening on Monday, April 11, 2016. The Units will be posted for trading at the opening on Monday, April 11, 2016.

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 March 29, 2016 (the “Prospectus”), which is available at www.SEDAR.com. Capitalized terms not otherwise defined are as defined in the Prospectus.

 

Stock Symbol: "XMS" CUSIP: 46436R 10 7 Currency: CDN$

 

Designated Market Maker: National Bank Financial 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.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
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 March 29, 2016 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 provide long-term capital growth by replicating, to the extent possible, the performance of the MSCI USA Minimum Volatility (USD) 100% Hedged to CAD Index, net of expenses and, to the extent possible, hedge any resulting non-Canadian currency exposure back to Canadian dollars. Under normal market conditions, the iShares Fund will primarily invest in securities of one or more iShares ETFs and/or U.S. equity securities.
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 quarterly.

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 100,000 Units at a price of $20.00 per Unit.