BlackRock Asset Management Canada Limited has announced that, effective December 18, 2025, the annual management fee for several iShares Core ETF Portfolios, including XBAL, XCNS, XEQT, XGRO, and XINC, will be reduced from 0.18% to 0.17% of each fund's daily net asset value. This fee is paid to BlackRock Canada as the fund manager. The change reflects the firm's ongoing review of its pricing strategy and ability to leverage scale for investors' benefit. There is no change to the investment objectives or trading symbols, and current unitholders do not need to take any action.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BlackRock Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9604876) on December 18, 2025, and is solely responsible for the information contained therein.
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