Management fee changes at iShares

Toronto-based BlackRock Asset Management Canada Ltd., a wholly owned subsidiary of BlackRock Inc., has announced management fee changes for iShares S&P 500 Index Fund (Canadian dollar-hedged) and iShares MSCI All World Index Fund. These changes are the result of fee changes announced earlier by BlackRock Inc. to iShares S&P 500 Index Fund, the underlying fund in which the aforementioned two funds invest. The annual management fee payable by iShares S&P 500 Index Fund (C$-hedged) has been reduced to a level of up to 0.22% of net asset value (NAV). The annual management fee for iShares MSCI All World Index Fund has been reduced to 0.44% of NAV.

(cohara@investmentexecutive.com).