Breaking News: BlackRock Launches Revolutionary ETF Models for Canadian Market
TORONTO, July 14, 2023 (GLOBE NEWSWIRE) — Today, BlackRock brings five new model portfolios constructed using exchange traded funds (“ETFs”) to Canada to further support Canadian advisors. The iShares Strategic Allocation ETF Models (collectively the “iShares ETF Models”) provide access to highly diversified portfolios of global stocks and bonds at low cost, leveraging the breadth of BlackRock’s ETF product offerings.
BlackRock, a global leader in asset management, has introduced groundbreaking ETF models tailored specifically for the Canadian market. These innovative portfolios combine the benefits of ETFs with BlackRock’s expertise in strategic asset allocation, providing Canadian investors and advisors with a unique investment opportunity.
With the launch of the iShares ETF Models, Canadian advisors now have access to a range of diversified portfolios that offer exposure to global equities and fixed income securities. These portfolios are designed to meet the needs of investors seeking cost-effective and efficient investment solutions.
By utilizing ETFs, BlackRock is able to offer these model portfolios at a lower cost compared to traditional mutual funds. This cost-efficiency, combined with the expertise of BlackRock’s investment team, makes the iShares ETF Models an attractive option for Canadian investors looking to build a well-rounded investment portfolio.
The iShares ETF Models are designed to provide investors with a convenient way to access a diversified mix of assets, including stocks and bonds from around the world. This diversification can help reduce risk and enhance returns over the long term, making these portfolios a valuable addition to any investor’s portfolio.
How This Will Affect You:
As a Canadian investor, the launch of BlackRock’s iShares ETF Models offers you a new and innovative way to diversify your investment portfolio. These model portfolios provide access to global markets at a low cost, allowing you to build a well-balanced portfolio that aligns with your investment goals.
How This Will Affect the World:
The introduction of BlackRock’s iShares ETF Models to the Canadian market represents a significant step towards democratizing access to global investment opportunities. By offering cost-effective and diversified portfolios, BlackRock is empowering investors around the world to participate in the benefits of global capital markets.
Conclusion:
In conclusion, the launch of BlackRock’s iShares Strategic Allocation ETF Models in Canada marks a significant milestone in the evolution of ETF investing. These innovative portfolios provide Canadian investors with access to a diverse range of global stocks and bonds at a low cost, enhancing the efficiency and effectiveness of their investment strategies.
