Financial News
BlackRock Announces Product Updates to 5 U.S.-listed ETFs
iShares today announced its plans to close the following U.S.-listed ETFs on November 2, 2023.
Ticker |
Fund Name |
Exchange |
HEWU |
iShares Currency Hedged MSCI United Kingdom ETF |
NYSE |
HEWC |
iShares Currency Hedged MSCI Canada ETF |
NYSE |
BFTR |
BlackRock Future Innovators ETF |
NYSE |
EWGS |
iShares MSCI Germany Small-Cap ETF |
Cboe |
STLV |
iShares Factors US Value Style ETF |
Cboe |
The funds will cease trading and no longer accept creation or redemption orders after market close on October 30, 2023. Proceeds of the liquidation are currently scheduled to be sent to shareholders on November 2, 2023.
As described in the prospectuses, investors will incur management fees until the liquidations are complete. In addition to the management fee, investors who opt to sell will bear the usual transaction and commissions costs in the secondary market. In both cases, investors may see a capital gain or loss on their investment.
About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
About iShares
iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1300+ exchange traded funds (ETFs) and $3.21 trillion in assets under management as of June 30, 2023, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.
Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained by visiting www.iShares.com or www.blackrock.com. Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal.
This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change.
The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).
The iShares Funds are not sponsored, endorsed, issued, sold or promoted by MSCI Inc., nor does this company make any representation regarding the advisability of investing in the Funds. BlackRock Investments, LLC is not affiliated with the company listed above.
© 2023 BlackRock, Inc. or its affiliates. All Rights Reserved. BLACKROCK and iSHARES are trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230815169300/en/
Contacts
MEDIA:
Paige Hofman
Paige.Hofman@BlackRock.com
212.810.3368
Jenna Merchant
Jenna.Merchant@BlackRock.com
914.329.5684
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.