Barclays Global Investors Canada Ltd. today announced that seven iShares Funds have begun trading on a “split-adjusted” basis on the Toronto Stock Exchange.

The splits will become effective on August 8, following which additional units will be distributed to unitholders’ accounts.

Unitholders of record of the iShares Funds on August 8, will automatically participate in the unit splits.

Barclays Canada says it is initiating these splits in response to investor demand. “The prices of certain iShares funds have increased significantly, so the splits will allow investors access at a smaller initial investment to some of the more popular iShares funds that have a relatively high unit price,” it says.

The “split ratios” shown below indicate the number of units that a unitholder of an iShares Fund will hold after the split in relation to the number of units held by the unitholder before the split:

> iShares CDN S&P/TSX Capped Energy Index Fund, 4:1;

> iShares CDN S&P/TSX Global Gold Index Fund, 4:1;

> iShares CDN S&P/TSX Capped Composite Index Fund, 4:1;

> iShares CDN S&P/TSX 60 Index Fund, 4:1;

> iShares CDN S&P/TSX Completion Index Fund, 4:1;

> iShares CDN S&P/TSX Capped Financials Index Fund, 2:1; and

> iShares CDN S&P/TSX Capped Materials Index Fund, 2:1.