Overview of BlackRock Investment Management (ASX:$BIMAL) announcement

BlackRock Investment Management (Australia) Limited (ASX:BIMAL) has announced the estimated distribution for the Australian domiciled iShares exchange traded funds (Funds) quoted on the ASX. The distribution timetable and important notices regarding the Distribution Reinvestment Plan (DRP) have also been provided.

Executive commentary on distribution and investor statements

BlackRock Investment Management (Australia) Limited emphasizes the importance of opting in to the DRP by 5pm on 29 December 2023 for Eligible Investors. Additionally, the company highlights the sustainability strategy aimed at reducing global paper consumption by defaulting to email communication for iShares ETF investments. It encourages investors to provide their email addresses via Computershare Investor Centre for convenient and environmentally friendly statements.

Summary of BlackRock Investment Management (ASX:BIMAL) announcement

BlackRock Investment Management (Australia) Limited (ASX:BIMAL) has announced the estimated distribution for the iShares exchange traded funds (Funds) listed on the ASX. The company has provided details of the distribution timetable, the Distribution Reinvestment Plan (DRP), and important notices for investors. It emphasizes the need for Eligible Investors to opt in to the DRP by 5pm on 29 December 2023 and highlights its sustainability strategy focused on reducing global paper consumption by defaulting to email communication for iShares ETF investments. Investors are advised to carefully consider the product disclosure statement (PDS) before investing in an iShares ETF and consult an investment adviser for more information.