BlackRock® Canada Calls Unitholder Meeting of iShares Premium Money Market ETF to Approve Investment Objective Change
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BlackRock Canada has announced a special virtual meeting for unitholders of the iShares Premium Money Market ETF to approve a change in its investment objective, allowing investments in asset-backed commercial paper.
November 08, 2024 | 11:00 pm
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BlackRock Canada, a subsidiary of BlackRock Inc., is seeking approval from unitholders to change the investment objective of the iShares Premium Money Market ETF to include asset-backed commercial paper.
The news pertains to a specific ETF managed by BlackRock's Canadian subsidiary, which may not have a direct impact on BlackRock Inc.'s stock price. However, changes in investment strategies can influence investor perception and future performance.
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