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BlackRock Canada re-opens subscriptions to CAB, CVD and CYH

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BlackRock Asset Management Canada has reopened subscriptions to three iShares ETFs following the completion of previously announced changes to the funds.

On 17 September, BlackRock announced certain changes to CAB, CVD, CYH and other iShares funds managed by BlackRock Canada that use forward agreements for certain investment purposes, in response to proposed new federal taxation rules first introduced in conjunction with the 2013 Federal Budget.
 
Following the initial announcement of these proposed rules, CAB, CVD and CYH had temporarily stopped accepting subscriptions, except in certain limited circumstances. In connection with the changes described in this announcement:
 
• The name of CAB has been changed from "iShares Advantaged Canadian Bond Index Fund" to "iShares High Quality Canadian Bond Index ETF";
 
• The name of CVD has been changed from "iShares Advantaged Convertible Bond Index Fund" to "iShares Convertible Bond Index ETF"; and
 
• The name of CYH has been changed from "iShares Global Monthly Advantaged Dividend Index Fund" to "iShares Global Monthly Dividend Index ETF".

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