Dynamic Funds and BlackRock® Canada Announce Unitholder Votes in Favour of Change of Investment Management Responsibilities of Nine Dynamic Active ETFs

Toronto, November 17, 2021

BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE:BLK) and the current trustee, manager and portfolio manager of the nine Dynamic Active exchange traded funds listed below (collectively, the “Dynamic Active ETFs”), is pleased to announce that at special meetings held today, unitholders approved the proposed change in trustee and manager of the Dynamic Active ETFs from BlackRock Canada to Dynamic Funds (a division of 1832 Asset Management L.P) (the “Proposals”). Dynamic Funds’ intention to assume management of the ETFs pending regulatory, stock exchange and unitholder approvals was previously announced on September 8, 2021.

  • Dynamic Active Canadian Dividend ETF (ticker: DXC)
  • Dynamic Active Crossover Bond ETF (ticker: DXO)
  • Dynamic Active Global Dividend ETF (ticker: DXG)
  • Dynamic Active Global Financial Services ETF (ticker: DXF)
  • Dynamic Active Investment Grade Floating Rate ETF (ticker: DXV)
  • Dynamic Active Preferred Shares ETF (ticker: DXP)
  • Dynamic Active Tactical Bond ETF (ticker: DXB)
  • Dynamic Active U.S. Dividend ETF (ticker: DXU)
  • Dynamic Active U.S. Mid-Cap ETF (ticker: DXZ)

Further details regarding these changes can be found in the following documents:

 Press Release (November 17, 2021)
 Press Release (September 8, 2021)
 Notice and Access Document
 Joint Management Information Circular