Barclays Global Investors Canada Ltd. has announced plans to change the name of its Toronto Stock Exchange-listed family of exchange-traded funds to iShares from iUnits, aligning its ETF brand identity with its global counterparts.

The change is designed to leverage the strength of the iShares product line around the world,

Barclays Canada received regulatory approval to permit the name change to iShares in November 2005. Despite the name change, the funds continue to be organized as trusts. Ynitholders of iShares funds will continue to hold units of a trust and not shares of a corporation.

A revised prospectus reflecting the name change to iShares will be filed and once the prospectus has been approved by the securities regulators, Barclays Canada will undertake all future Canadian ETF business activity using the iShares name.

“Effectively, we are leveraging the phenomenal success of the global iShares ETF business,” said Rajiv Silgardo, CEO for Barclays Canada. “With over 125 iShares Funds worldwide, we felt it was a good time for global alignment to further build on the momentum of our growing Canadian ETF family.”

Although the individual fund names will change, the respective ticker symbols will remain the same.

On May 1, Barclays Canada will be adopting the global iShares brand identity and launching a new website at www.iShares.ca.