BlackRock Canada Announces DRIPs Across All iShares ETFs

By
Devon Layne
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

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

ETF DAILY DATA

Vanguard's all-market fund 'VTI' led inflows on Thursday, April 23, as total U.S.-listed ETF assets reached a record of $2.163 trillion.

'VTI,' 'VB' and 'VGK' paced Vanguard's issuer-leading inflows on Thursday, April 23, as total U.S.-listed ETF assets rose to a record $2.163 trillion.

ETF.COM ANALYST BLOGS

By Dave Nadig

Buying and selling ETFs wisely means understanding the difference between being a buyer and a seller.

By Olivier Ludwig

Saving the world as an eco-conscious investor is a tough row to hoe, but ETFs make it a bit easier.

By Olivier Ludwig

If you’re puzzled by Israel’s relatively strong stock market performance, don’t forget you’re taking measure of a developed country.

By Olivier Ludwig

If only Fidelity could speak freely about all the positive things it does for investors.