BlackRock Canada Announces DRIPs Across All iShares ETFs

By
October 15, 2012
Share:

 

BlackRock, the parent of the world’s largest ETF sponsor, iShares, plans on providing dividend reinvestment plans—or DRIPs—to its Canadian clients for all 88 of the firm’s products, according to an article on ETF Strategy.

Investors will be able to quickly redirect yield back into their ETF investments if they wish. The change comes only seven months after BlackRock solidified its dominance in the Canadian ETF market by acquiring Claymore, according to the article.

The successful merger has brought the former Claymore funds a 25 percent increase in aggregate inflows since BlackRock acquired the firm seven months ago, according to ETF Strategy.

Visit ETFstrategy.co.uk for the full story.

ETF.COM CHANNELS

Trying to figure out alternatives ETFs? Use our alternatives ETFs channel, library and ETF screener!

Want to learn more about smart-beta ETFs? Check out our smart-beta guide, essentials library and ETF screener!

ETF DAILY DATA

'SPY' raked in more than $5 billion in assets Wednesday, Aug. 26, with 'DIA' and small cap 'IWM' not far behind, as investors returned to U.S. equities after a four-day market correction.

'SPY' paced State Street's issuer-leading inflows Wednesday, Aug. 26, as total U.S.-listed ETF assets settled at $1.975 trillion.

ETF.COM ANALYST BLOGS

By Dave Nadig

With many ETFs currently trading well off fair value, what’s an ETF investor to do? Don’t panic.

By Matt Hougan

Out-of-favor funds can bring attractive returns.

By Matt Hougan

New data from Charles Schwab show that the death of mutual funds is happening faster than we thought.

By Dave Nadig

Grab the popcorn. Precidian just doubled-down on its nontransparent active ETF proposal with the SEC this morning.

ETF INDUSTRY PERSPECTIVE

By John Del Vecchio

An index that goes long financially sound companies and shorts the ones with problematic balance sheets.

By Dan Draper

The nature of retirement is changing. How can investors adapt?

By Invesco PowerShares

A more in-depth look at the smart-beta survey's results.