Various changes to BlackRock Global Funds
We have been notified by the Board of Directors of BlackRock Global Funds ("BlackRock") of various changes to its sub-funds. These changes will take effect 30 August 2022 (the “Effective Date”).
AVAILABLE IN OUR DEFINED FUND RANGE PRODUCTS
The below affected funds feature in our defined fund range products in EUR, GBP and USD. A summary of the changes in relation to the affected funds are shown in the table below. For full details regarding the changes, please refer to the BlackRock notification opposite.
| Fund name(s) | ISIN(s) | Summary of changes |
|---|---|---|
| BGF US & Mid Cap Opportunities A2 Acc USD | LU0006061336 | (i) Change to Investment Objective and Policy to exclude references to "small capitalisation companies". (ii) Benchmark will be replaced with the Russell MidCap Value Index. (iii) Renamed: "US Mid-Cap Value Fund". |
| BGF European Special Situations A2 Acc USD | LU0171276677 | (i) Application of ESG Commitments investment objective and policy wording changes. (ii) Re-classify SFDR 6 to 8. (iii) Will apply exclusionary screens, the BlackRock EMEA Baseline Screens. (iv) Investment objective and policy will be amended, to increase the scope of investment opportunities by removing restrictions which require the fund to hold a minimum of 50% of its assets in small & mid-cap companies. |
BGF World Technology A2 Acc EUR
BGF World Technology A2 Acc GBP
BGF World Technology A2 Acc USD | LU0171310443
LU0171311680
LU0056508442 | (i) Application of ESG Commitment - investment objective and policy wording changes. (ii) Re-classify SFDR 6 to 8. (iii) Will apply exclusionary screens, the BlackRock EMEA Baseline Screens. |
| BGF World Technology E2 Acc USD | LU0147408487 | (i) Application of ESG Commitment - investment objective and policy wording changes. (ii) Re-classify SFDR 6 to 8. (iii) Will apply exclusionary screens, the BlackRock EMEA Baseline Screens. |
BGF Euro Markets A2 Acc USD
BGF Euro Markets A2 Acc EUR | LU0171277485
LU0093502762 | (i) Application of ESG Commitment - investment objective and policy wording changes. (ii) Re-classify SFDR 6 to 8. (iii) Will apply exclusionary screens, the BlackRock EMEA Baseline Screens. |
| BGF European Special Situations A2 Acc USD | LU0171276677 | (i) Application of ESG Commitment - investment objective and policy wording changes. (ii) Re-classify SFDR 6 to 8. (iii) Will apply exclusionary screens, the BlackRock EMEA Baseline Screens. |
AVAILABLE IN OUR OPEN-ARCHITECTURE PRODUCTS
All of the above affected funds can be accessed through our portfolio bonds. Please refer to the notification opposite for details.