03:42:04 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



iShares MSCI EAFE Minimum Volatility Index ETF
Symbol XMI
Shares Issued 5,550,000
Close 2015-11-25 C$ 33.69
Market Cap C$ 186,979,500
Recent Sedar Documents

iShares MSCI EAFE extends management fee waiver to 2016

2015-11-26 17:54 ET - News Release

Ms. Maeve Hannigan reports

BLACKROCK CANADA ANNOUNCES PARTIAL WAIVER OF ANNUAL MANAGEMENT FEES PAYABLE BY ISHARES MSCI EAFE MINIMUM VOLATILITY INDEX ETF

BlackRock Asset Management Canada Ltd., an indirect, wholly owned subsidiary of BlackRock Inc., has agreed to extend a partial waiver of the annual management fee that would otherwise be payable by iShares MSCI EAFE Minimum Volatility Index ETF. After giving effect to the waiver, BlackRock Canada is entitled to receive an annual management fee from XMI equal to 0.35 per cent of the net asset value of XMI. The waiver will expire on Nov. 30, 2016. BlackRock Canada may discontinue, amend or extend the waiver at any time without giving notice to (other than by press release) or seeking approval from unitholders of XMI.

Without the waiver, XMI's annual management fee would be 0.45 per cent of the fund's net asset value.

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