BlackRock® Canada Announces Estimated December Cash Distributions for the iShares® ETFs
TORONTO, Dec. 22, 2020 (GLOBE NEWSWIRE) BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the estimated December cash distributions for the iShares ETFs listed on the TSX or NEO. Unitholders of record of a fund on December 31, 2020 will receive cash distributions payable in respect of that fund on
January 6, 2021.
BlackRock Canada expects to issue a press release on or about December 29, 2020, which will provide the final amounts for all funds except the iShares Premium Money Market ETF, for which a press release will be issued on or about December 30, 2020. The Estimated Cash Distribution Per Unit is subject to change. For example, the Estimated Cash Distribution Per Unit is expected to increase if the net units outstanding of a fund decreases between December 16, 2020 and December 29
China’s Industrial output rose 7% in November from a year earlier, in line with the median estimate in a Bloomberg survey of economists. Retail sales expanded 5% in the period, as projected. Fixed-asset investment grew 2.6% in the first 11 months of the year from the same period in 2019, also as expected
The unemployment rate inched lower to 5.2% from 5.3%
Key Insights
The data shows the breadth of the recovery since a contraction in output in the first quarter triggered by the coronavirus pandemic. An industrial-led rebound has been followed by a pickup in consumer spending. Exports have rocketed in recent months as a return to virus restrictions in many of China’s biggest markets fueled demand for medical equipment and work-from-home electronic devices