BlackRock® Canada Updates the Risk Rating for the Dynamic Active Preferred Shares ETF
January 26 2021 - 6:22PM
BlackRock Asset Management Canada Limited (“BlackRock Canada”), an
indirect wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”)
(NYSE: BLK), today announced an update to the risk rating of the
Dynamic Active Preferred Shares ETF (“DXP”). This change will be
reflected in the prospectus for DXP that will be filed on or about
January 26, 2021.
The following table outlines the risk rating
change:
ETF Name |
Previous Risk Rating |
Updated Risk Rating |
Dynamic Active Preferred Shares ETF |
Low to Medium |
Medium |
A copy of the standardized risk classification
methodology used by BlackRock Canada to identify the risk rating of
DXP is available on request, at no cost, by calling us at
1-855-255-5951 or by writing to BlackRock Canada at 161 Bay Street,
Suite 2500, Toronto, Ontario M5J 2S1.
About Dynamic Funds
Dynamic Funds is a division of 1832 Asset
Management L.P., which offers a range of wealth management
solutions, including mutual funds, investment solutions for private
clients, institutional clients and managed asset programs. 1832
Asset Management L.P. is a limited partnership, the general partner
of which is wholly owned by Scotiabank. ® Dynamic Funds is a
registered trademark of its owner, used under license.
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 | Twitter: @BlackRockCA.
BLACKROCK is a registered trademark of
BlackRock, Inc., or its subsidiaries in the United States and
elsewhere. Used under licence. © 2021 BlackRock Asset Management
Canada Limited. All rights reserved.
Commissions, trailing commissions, management
fees and expenses all may be associated with investing in DXP.
Please read the relevant prospectus before investing. DXP is not
guaranteed, its value changes frequently and past performance may
not be repeated. Tax, investment and all other decisions should be
made, as appropriate, only with guidance from a qualified
professional.
For more information, please contact: Maeve
Hannigan, BlackRock Communications,
maeve.hannigan@blackrock.com
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