Business · Companies · 6 hrs ago
BlackRock Canada plans to close iShares convertible bond ETF in January
BlackRock Canada plans to terminate iShares Convertible Bond Index ETF, which trades under the ticker CVD.
The company says the decision is part of its ongoing review of its product lineup.
The fund is scheduled to end on or about January 21, 2027.
Its units are expected to stop trading on the Toronto Stock Exchange and be delisted around January 18.
The fund’s reinvestment, contribution and withdrawal plans are expected to end around November 23, 2026.
The announcement sets out these dates, but does not say what investors should do with their units.
BlackRock Canada plans to terminate the iShares Convertible Bond Index ETF on or about January 21, 2027.
The fund is listed on the Toronto Stock Exchange under the ticker CVD.
BlackRock Canada expects its units to stop trading and be voluntarily delisted on or about January 18, 2027.
The termination is part of BlackRock Canada’s ongoing review of its product lineup.
The fund’s distribution reinvestment, pre-authorized cash contribution and systematic withdrawal plans are expected to end on or about November 23, 2026.
- Who
- BlackRock Asset Management Canada Limited, known as BlackRock Canada.
- What
- It plans to terminate the iShares Convertible Bond Index ETF.
- When
- The announcement was made on October 23, 2026. The fund is expected to terminate on or about January 21, 2027.
- Where
- The fund is listed on the Toronto Stock Exchange.
- Why
- BlackRock Canada said the termination is part of its ongoing process to review its product lineup.
This story does not have two clearly opposing sides.
BlackRock Canada announced that it intends to terminate the fund.
The fund’s distribution reinvestment, pre-authorized cash contribution and systematic withdrawal plans are expected to end.
The fund’s units are expected to stop trading and be voluntarily delisted from the Toronto Stock Exchange.
The fund is expected to terminate.
- Fund
- iShares Convertible Bond Index ETF
- Ticker
- CVD
- Announcement date
- October 23, 2026
- Expected delisting
- On or about January 18, 2027
- Expected termination
- On or about January 21, 2027
- Reason
- Ongoing review of BlackRock Canada’s product lineup
What people are saying
based on an ongoing process to review its product lineup