Toronto, Ontario--(Newsfile Corp. - October 1, 2024) - Helen Hayes, Head of iShares Canada, BlackRock Inc. ("BlackRock" or the "Company") and Shaun Wurzbach, Head of North America Commercial Group, S&P Dow Jones Indices. ("S&P DJI" or the "Company"), joined Graham MacKenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange (TSX) to close the market to celebrate the 25th anniversary of the creation of the iconic iShares S&P/TSX 60 Index ETF (TSX: XIU) on the Toronto Stock Exchange.
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Since its debut in 1999, the iShares S&P/TSX 60 Index ETF has gained global recognition as one of Canada's leading benchmark products for exposure to our equity markets. Consistently, year after year, XIU, as it is universally known, remains one of the most actively traded securities in Canada. Additionally, numerous derivative products based on XIU trade on the Montreal Exchange. As of the end of August 2024, this consequential ETF boasts more than $13 billion in assets under management.
BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.
iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1400+ exchange traded funds (ETFs) and US$3.86 trillion in assets under management as of June 30, 2024, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.
MEDIA CONTACT
Reem Jazar
Communications contact BlackRock
Reem.Jazar@blackrock.com
Alyssa Augustyn
Communications contact S&P Dow Jones Indices
alyssa.augustyn@spglobal.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225300
SOURCE: Toronto Stock Exchange
