To seek long-term capital growth.
In selecting investments, the Fund’s management team will employ a fundamentally-driven investment process focused on a broad spectrum of event driven investment opportunities. With these event driven catalysts, the Fund will seek to exploit potential value gaps created by transformative corporate events such as announced mergers and acquisitions, spin-offs and split-offs, financial or strategic restructurings, management changes, synergistic acquisitions, as well as other transformative events.
Please consult the fund prospectus for more information before you invest money. The prospectus contains more complete information including management fees, other expenses, as well as the risks associated with an investment in the fund.
Effective 5/8/15, the BlackRock Large Cap Core Plus Fund changed its investment strategy and investment process to become the BlackRock Event Driven Equity Fund. In connection with these changes, management of the Fund will transition to Mark McKenna.