November 20, 2012 at 10:59 AM EST
Blackrock Announces Estimated 2012 Annual Capital Gains Distributions for the iShares(R) Funds

TORONTO, ONTARIO--(Marketwire - Nov. 20, 2012) - (TSX:XIU)(TSX:XSB)(TSX:XBB)(TSX:XIC)(TSX:XMD)(TSX:XEG)(TSX:XIT)(TSX:XGD)(TSX:XFN)(TSX:XSP)(TSX:XIN)(TSX:XRE)(TSX:XDV)(TSX:XRB)(TSX:XTR)(TSX:XMA)(TSX:XLB)(TSX:XCB)(TSX:XGB)(TSX:XCV)(TSX:XCG)(TSX:XCS)(TSX:XSU)(TSX:XEN)(TSX:XCR)(TSX:XGR)(TSX:XGC)(TSX:XAL)(TSX:XEM)(TSX:XWD)(TSX:XCH)(TSX:XBZ)(TSX:XLA)(TSX:XIG)(TSX:XHY)(TSX:XID)(TSX:XHB)(TSX:XPF)(TSX:XST)(TSX:XUT)(TSX:XBM)(TSX:XEI)(TSX:XHC)(TSX:XEB)(TSX:XQQ)(TSX:XVX)(TSX:XSH)(TSX:XFR)(TSX:XMV)(TSX:XMU)(TSX:XMI)(TSX:XMM)(TSX:XMW)(TSX:XHD)

BlackRock Asset Management Canada Limited, an indirect, wholly owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the estimated annual capital gains distributions for the iShares(R) Funds listed below for the 2012 tax year. Please note that these are estimated amounts only as of November 6, 2012 and include forward-looking information which may cause the estimates to change before the Funds' December 15, 2012 tax year-end. These estimates are for the year-end capital gains distributions only, which are typically reinvested rather than paid in cash, and do not include estimates of ongoing monthly, quarterly, or semi-annual cash distribution amounts.

We expect to announce the final year-end distribution amounts, as well as the monthly, quarterly, and semi-annual cash distribution amounts, on or about December 17, 2012. The ex-dividend date for the 2012 annual distributions will be December 24, 2012. The record date for the 2012 annual distributions will be December 28, 2012. The actual taxable amounts of reinvested and cash distributions for 2012, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or "CDS") in early 2013.

/T/

----------------------------------------------------------------------------

Estimated

annual capital

Net asset value gain as % of

(NAV) per unit NAV at Nov 6,

Fund Name Fund Ticker at Nov 6, 2012 2012

----------------------------------------------------------------------------

iShares S&P/TSX 60 Index

Fund XIU 17.79384 0.00%

----------------------------------------------------------------------------

iShares DEX Short Term Bond

Index Fund XSB 28.92965 0.00%

----------------------------------------------------------------------------

iShares DEX Universe Bond

Index Fund XBB 31.40282 0.49%

----------------------------------------------------------------------------

iShares S&P/TSX Capped

Composite Index Fund XIC 19.51187 0.00%

----------------------------------------------------------------------------

iShares S&P/TSX Completion

Index Fund XMD 21.28267 0.00%

----------------------------------------------------------------------------

iShares S&P/TSX Capped

Energy Index Fund XEG 16.17759 0.00%

----------------------------------------------------------------------------

iShares S&P/TSX Capped

Information Technology

Index Fund XIT 5.87751 0.00%

----------------------------------------------------------------------------

iShares S&P/TSX Global Gold

Index Fund XGD 20.52054 0.00%

----------------------------------------------------------------------------

iShares S&P/TSX Capped

Financials Index Fund XFN 23.04401 0.37%

----------------------------------------------------------------------------

iShares S&P 500 Index Fund

(CAD-Hedged) XSP 16.34725 4.15%

----------------------------------------------------------------------------

iShares MSCI EAFE Index Fund

(CAD-Hedged) XIN 17.08780 0.00%

----------------------------------------------------------------------------

iShares S&P/TSX Capped REIT

Index Fund XRE 16.72713 4.40%

----------------------------------------------------------------------------

iShares Dow Jones Canada

Select Dividend Index Fund XDV 21.01525 3.38%

----------------------------------------------------------------------------

iShares DEX Real Return Bond

Index Fund XRB 25.89555 1.08%

----------------------------------------------------------------------------

iShares Diversified Monthly

Income Fund XTR 12.37183 1.77%

----------------------------------------------------------------------------

iShares S&P/TSX Capped

Materials Index Fund XMA 18.75246 0.00%

----------------------------------------------------------------------------

iShares DEX Long Term Bond

Index Fund XLB 23.37028 1.07%

----------------------------------------------------------------------------

iShares DEX All Corporate

Bond Index Fund XCB 21.42217 0.28%

----------------------------------------------------------------------------

iShares DEX All Government

Bond Index Fund XGB 21.84533 0.00%

----------------------------------------------------------------------------

iShares Dow Jones Canada

Select Value Index Fund XCV 19.82284 0.00%

----------------------------------------------------------------------------

iShares Dow Jones Canada

Select Growth Index Fund XCG 22.72679 0.00%

----------------------------------------------------------------------------

iShares S&P/TSX SmallCap

Index Fund XCS 15.02968 0.00%

----------------------------------------------------------------------------

iShares Russell 2000 Index

Fund (CAD-Hedged) XSU 17.77433 0.08%

----------------------------------------------------------------------------

iShares Jantzi Social Index

Fund XEN 17.40848 0.00%

----------------------------------------------------------------------------

iShares Conservative Core

Portfolio Builder Fund XCR 23.09463 1.62%

----------------------------------------------------------------------------

iShares Growth Core

Portfolio Builder Fund XGR 25.10443 2.42%

----------------------------------------------------------------------------

iShares Global Completion

Portfolio Builder Fund XGC 25.94528 2.51%

----------------------------------------------------------------------------

iShares Alternatives

Completion Portfolio

Builder Fund XAL 27.00206 3.32%

----------------------------------------------------------------------------

iShares MSCI Emerging

Markets Index Fund XEM 23.69375 0.00%

----------------------------------------------------------------------------

iShares MSCI World Index

Fund XWD 24.15677 0.14%

----------------------------------------------------------------------------

iShares China Index Fund XCH 18.39370 0.00%

----------------------------------------------------------------------------

iShares MSCI Brazil Index

Fund XBZ 15.01889 0.00%

----------------------------------------------------------------------------

iShares S&P Latin America 40

Index Fund XLA 18.27540 0.00%

----------------------------------------------------------------------------

iShares U.S. IG Corporate

Bond Index Fund (CAD-

Hedged) XIG 23.43502 2.09%

----------------------------------------------------------------------------

iShares U.S. High Yield Bond

Index Fund (CAD-Hedged) XHY 21.16361 0.53%

----------------------------------------------------------------------------

iShares S&P CNX Nifty India

Index Fund XID 18.69256 0.00%

----------------------------------------------------------------------------

iShares DEX HYBrid Bond

Index Fund XHB 21.11374 0.42%

----------------------------------------------------------------------------

iShares S&P/TSX North

American Preferred Stock

Index Fund (CAD-Hedged) XPF 20.24791 0.00%

----------------------------------------------------------------------------

iShares S&P/TSX Capped

Consumer Staples Index Fund XST 23.30618 0.47%

----------------------------------------------------------------------------

iShares S&P/TSX Capped

Utilities Index Fund XUT 20.56133 0.21%

----------------------------------------------------------------------------

iShares S&P/TSX Global Base

Metals Index Fund XBM 13.42277 0.00%

----------------------------------------------------------------------------

iShares S&P/TSX Equity

Income Index Fund XEI 19.43203 0.45%

----------------------------------------------------------------------------

iShares S&P Global

Healthcare Index Fund (CAD-

Hedged) XHC 23.94494 1.52%

----------------------------------------------------------------------------

iShares J.P. Morgan USD

Emerging Markets Bond Index

Fund (CAD-Hedged) XEB 22.92790 0.15%

----------------------------------------------------------------------------

iShares NASDAQ 100 Index

Fund (CAD-Hedged) XQQ 22.36373 0.74%

----------------------------------------------------------------------------

iShares S&P/TSX Venture

Index Fund XVX 16.63867 0.00%

----------------------------------------------------------------------------

iShares DEX Short Term

Corporate Universe + Maple

Bond Index Fund XSH 20.01712 0.00%

----------------------------------------------------------------------------

iShares DEX Floating Rate

Note Index Fund XFR 20.11844 0.07%

----------------------------------------------------------------------------

iShares MSCI Canada Minimum

Volatility Index Fund XMV 21.28399 0.06%

----------------------------------------------------------------------------

iShares MSCI USA Minimum

Volatility Index Fund XMU 20.03582 0.00%

----------------------------------------------------------------------------

iShares MSCI EAFE Minimum

Volatility Index Fund XMI 21.06400 0.01%

----------------------------------------------------------------------------

iShares MSCI Emerging

Markets Minimum Volatility

Index Fund XMM 21.16671 0.01%

----------------------------------------------------------------------------

iShares MSCI All Country

World Minimum Volatility

Index Fund XMW 20.34805 0.01%

----------------------------------------------------------------------------

iShares U.S. High Dividend

Equity Index Fund (CAD-

Hedged) XHD 19.70051 0.00%

----------------------------------------------------------------------------

/T/

Reasons for some of the larger estimated capital gains distributions

XSP

The iShares S&P 500 Index Fund (CAD-Hedged) ("XSP") experienced capital gains in 2012 due primarily to the increase in value of the underlying U.S. iShares fund. In addition, XSP realized capital gains on forward contracts used to hedge currency exposure to the U.S. dollar.

XDV

The iShares Dow Jones Canada Select Dividend Index Fund ("XDV") experienced capital gains in 2012 due primarily to the disposition of securities that were removed from its underlying index, the Dow Jones Canada Select Dividend Index. Large contributors to realized capital gains included Enbridge Inc. and Canadian Utilities Ltd. which were removed from the Dow Jones Canada Select Dividend Index (and therefore sold by XDV).

XRE

The iShares S&P/TSX Capped REIT Index Fund ("XRE") experienced capital gains in 2012 due primarily to the increase in value of the securities held in its portfolio. XRE must periodically buy and sell securities as a result of changes to its underlying index and in order to manage cash.

Forward-looking information

This notice contains forward-looking statements with respect to the estimated annual distributions for the iShares Funds. By their nature, these forward-looking statements involve risks and uncertainties that could cause the actual distributions to differ materially from those contemplated by the forward-looking statements. Material factors that could cause the actual distributions to differ from the estimated distributions between now and December 15, 2012 (the iShares Funds' tax year ends)include, but are not limited to: the actual amounts of distributions received by the iShares Funds; the actual amounts of capital gains generated from sales of securities; trading activity within the iShares Funds, including buying and selling of securities; index changes which cause rebalancing within the iShares Funds; and subscription and redemption activity.

Further information on iShares Funds can be found at www.iShares.ca.

About BlackRock

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 $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 www.blackrock.com.

About iShares

iShares 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.

Contact:

Media Relations Contact:

Veritas Communications

Tara Wood

416-955-4571 or C - 416-301-5724

wood@veritascanada.com

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here