BlackRock Canada Changes Indices for Five iShares ETFs

BlackRock Asset Management Canada Limited announced changes to the indices replicated by five iShares ETFs, effective around August 6, 2026. This follows Research Affiliates, LLC's decision to cease providing inputs to the current FTSE RAFI indices. The iShares ETFs will now track RAFI Fundamental Select indices, which maintain similar exposure but use updated fundamental value criteria. As a result, the ETFs may incur higher transaction costs and realize net capital gains in their 2026 tax year. Additionally, the risk rating for the iShares US Fundamental Index ETF (Hedged Units) was updated from "Medium to High" to "Medium".