BlackRock Investment Management (Australia) Limited has announced an estimated cash distribution of 31.1262 cents per unit for its iShares Core Cash ETF (ASX – BILL), with key dates set for early to mid-September 2025.
- Estimated distribution of 31.1262 cents per unit for iShares Core Cash ETF
- Ex-date scheduled for 5 September 2025
- Record date and confirmed distribution announcement on 8 September 2025
- Payment date set for 17 September 2025
- Investors urged to update bank details for timely payment
BlackRock Announces Estimated Distribution
BlackRock Investment Management (Australia) Limited (BIMAL), the responsible entity for the iShares Core Cash ETF (ASX, BILL), has released an estimated cash distribution of 31.1262 cents per unit. This announcement provides investors with an early indication of income expected from their holdings in the fund for the current distribution period.
Key Dates for Investors
The distribution timetable is clearly outlined, with the ex-date set for 5 September 2025. This means investors purchasing units on or after this date will not be entitled to the upcoming distribution. The record date, when unit holders must be registered to receive the payment, is 8 September 2025. On the same day, BlackRock plans to confirm the final distribution amount, which may differ slightly from the estimate.
The payment date is scheduled for 17 September 2025, when eligible investors can expect the cash distribution to be credited to their nominated bank accounts. BlackRock has emphasized the importance of ensuring bank details are up to date with the share registrar to avoid delays in receiving payments.
Investor Communication and Sustainability
In line with its sustainability strategy, BlackRock encourages investors to opt for electronic communications to reduce paper consumption. Statements and distribution notices are primarily delivered via email unless postal delivery is specifically requested. Investors can update their contact details through the Computershare Investor Centre to ensure seamless communication.
Context and Considerations
The iShares Core Cash ETF is designed to provide investors with exposure to short-term money market instruments, offering a relatively stable income stream. The announced distribution reflects the fund’s underlying yield environment and cash holdings. While the estimate provides a useful guide, investors should await the confirmed distribution on 8 September for precise figures.
As always, investors are reminded that distributions are subject to market conditions and the fund’s performance, and past distributions do not guarantee future payments. BlackRock also advises investors to review the latest product disclosure statements and consider their personal financial circumstances before making investment decisions.
Bottom Line?
Investors should watch for the confirmed distribution next week and ensure their details are current to receive payments without delay.
Questions in the middle?
- Will the confirmed distribution on 8 September differ materially from the estimate?
- How might current interest rate trends impact future distributions from the iShares Core Cash ETF?
- What steps is BlackRock taking to enhance investor communication and sustainability efforts?