-

Trading of iShares MSCI Russia ETF (ERUS) Halted

NEW YORK--(BUSINESS WIRE)--Today at 4am ET, NYSE Arca halted trading of the iShares MSCI Russia ETF (ERUS).

Due to ERUS’ concentrated exposure to Russian equities, the closure of the Russian stock market and MSCI’s decision to remove Russian securities from its Emerging Markets Indexes, BlackRock strongly supports NYSE Arca’s decision and is committed to protecting the best interests of ERUS shareholders.

BlackRock will update clients on future developments related to ERUS.

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

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 900+ exchange traded funds (ETFs) and $3.27 trillion in assets under management as of December 31, 2021, 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.

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 and in concentrations of single countries.

Shares of ETFs may be bought and sold throughout the day on the exchange through any brokerage account. Shares are not individually redeemable from an ETF, however, shares may be redeemed directly from an ETF by Authorized Participants, in very large creation/redemption units. There can be no assurance that an active trading market for shares of an ETF will develop or be maintained.

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 is not affiliated with MSCI Inc.

Prepared by BlackRock Investments, LLC, member FINRA.

©2022 BlackRock, Inc. All rights reserved. iSHARES and BLACKROCK are trademarks of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. All other marks are the property of their respective owners.

Contacts

MEDIA:
Soogyung Jordan
Soogyung.Jordan@blackrock.com
646.276.5403

BlackRock, Inc.

NYSE:BLK

Release Versions

Contacts

MEDIA:
Soogyung Jordan
Soogyung.Jordan@blackrock.com
646.276.5403

More News From BlackRock, Inc.

Global Infrastructure Partners Agrees to Acquire TCR

NEW YORK--(BUSINESS WIRE)--Global Infrastructure Partners (“GIP”), a part of BlackRock, a leading global infrastructure investor, today announced that it has entered into a definitive agreement to acquire TCR, the largest independent lessor of airport ground support equipment, from 3i Infrastructure plc. Members of TCR’s management team will invest alongside GIP. The transaction reflects GIP’s long-term conviction in global aviation and its strategy of investing in essential aviation infrastruc...

BlackRock Announces Plans to Expand $52 Billion iShares® iBonds® ETF Franchise

NEW YORK--(BUSINESS WIRE)--BlackRock today announced plans to expand its iShares® iBonds® ETF platform with the launch of nine funds, extending the franchise’s maturity range across U.S. Treasuries, TIPS, investment grade corporates, high yield and municipal bonds. BlackRock pioneered defined maturity bond ETFs with the launch of its first iBonds ETFs in 2010. “Designed to mature like a bond, trade like a stock, and diversify like a fund, iBonds ETFs can make bond laddering easier and more effi...

BlackRock Expands Access to U.S. Leveraged Loan Market with Index ETF

NEW YORK--(BUSINESS WIRE)--BlackRock today announced the launch of the iShares Broad USD Floating Rate Loan ETF (CBOE: USLN), the firm’s first index-based ETF providing access to U.S. dollar-denominated leveraged loans. The U.S. leveraged loan market has grown to $1.4 trillion – now similar in size to the high yield bond market – offering greater opportunity for scalable, index-based exposure.1 USLN seeks to track the Morningstar LSTA US Leveraged Loan Broad Select Index and invests primarily i...
Back to Newsroom