Core Viewpoint - BlackRock Canada is postponing a special meeting for unitholders of the iShares Premium Money Market ETF to February 3, 2025, due to a Canada Post labour disruption, where a proposal to change the investment objective to allow investments in asset-backed commercial paper will be voted on [1][2][4]. Group 1: Meeting Details - The special meeting was originally scheduled for January 22, 2025, but has been rescheduled to February 3, 2025 [2]. - The meeting will be conducted virtually via live audio webcast [2]. - A management information circular regarding the proposal will be available to unitholders prior to the meeting, with notices mailed around January 3, 2025 [2]. Group 2: Voting Process - Unitholders of record as of December 5, 2024, are entitled to vote and can do so by mail, online, or by phone [3]. - Due to potential delays from the Canada Post disruption, unitholders are encouraged to use alternative voting methods [3]. - Unitholders who have not received control numbers can contact their brokers to obtain them for voting [3]. Group 3: Proposal Impact - If approved, the change to the investment objective is expected to take effect on February 7, 2025 [4]. Group 4: Company Overview - BlackRock is a leading provider of financial technology and aims to enhance financial well-being for investors [6]. - iShares, managed by BlackRock, has over 1,400 ETFs and $4.2 trillion in assets under management as of September 30, 2024 [7].
BlackRock® Canada Postpones Unitholder Meeting of iShares Premium Money Market ETF to Approve Investment Objective Change