BlackRock Investment Management (Australia) Limited has announced an estimated cash distribution for the iShares Asia 50 ETF (ASX:IAA). The distribution is set at 199.973474 cents per unit. Key dates in the distribution process have been outlined, along with important investor options such as unit redemption and reinvestment plans.
BlackRock has detailed an estimated distribution of 199.973474 cents per unit for the iShares Asia 50 ETF (ASX:IAA), part of its broader announcement for iShares ETFs on the ASX. Key dates include the Ex-Date on 27 December 2024 and the Payment Date on 9 January 2025. Unit redemption will be paused on 24 December 2024 but will resume on 27 December 2024, with the Distribution Reinvestment Plan allowing investors to reinvest their distributions. BlackRock emphasizes electronic communication and advises investors to ensure their bank details are updated before the Record Date to receive timely payments. The announcement also stresses the importance of reviewing Product Disclosure Statements and Target Market Determinations for further guidance.
The estimated distribution announcement provides important information for investors regarding their entitlements and options with the iShares Asia 50 ETF. We encourage investors to review the details carefully to ensure they make informed decisions regarding their investments. Email remains our preferred communication method to enhance efficiency and reduce environmental impact.