NEW YORK--(BUSINESS WIRE)--BlackRock (NYSE: BLK) announces that the iShares Board of Trustees and Board of Directors have authorized a share split for iShares Global 100 ETF (IOO), iShares Global Healthcare ETF (IXJ), iShares Global Consumer Staples ETF (KXI) and iShares MSCI EM ESG Optimized ETF (ESGE).
The Boards have approved a 2-for-1 split for these funds for shareholders of record as of the close of business on April 27, 2018, payable after the close of trading on May 1, 2018. The 2-for-1 split will lower the share price and increase the number of outstanding shares. The total value of shares outstanding is not affected by the split.
|Fund Name||Ticker||Inception Date||
|iShares Global 100 ETF||IOO||December 5, 2000||$90.60||2 for 1|
|iShares Global Healthcare ETF||IXJ||November 13, 2001||$110.20||2 for 1|
|iShares Global Consumer Staples ETF||KXI||September 12, 2006||$98.35||2 for 1|
|iShares MSCI EM ESG Optimized ETF||ESGE||June 28, 2016||$75.51||2 for 1|
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iShares® is a global leader in exchange-traded funds (ETFs), with more than a decade of expertise and commitment to individual and institutional investors of all sizes. With over 800 funds globally across multiple asset classes and strategies and more than $1.5 trillion in assets under management as of December 31, 2017, iShares helps clients around the world build the core of their portfolios, meet specific investment goals and implement market views. iShares funds are powered by the expert portfolio and risk management of BlackRock, trusted to manage more money than any other investment firm1.
1 Based on $6.288 trillion in AUM as of 12/31/17
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.
The iShares Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).
International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments. These risks often are heightened for investments in emerging/developing markets or in concentrations of single countries.
Funds that concentrate investments in specific industries, sectors, markets or asset classes may underperform or be more volatile than other industries, sectors, markets or asset classes and than the general securities market.
A fund's environmental, social and governance (“ESG”) investment strategy limits the types and number of investment opportunities available to the fund and, as a result, the fund may underperform other funds that do not have an ESG focus. A fund's ESG investment strategy may result in the fund investing in securities or industry sectors that underperform the market as a whole or underperform other funds screened for ESG standards.
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