Terms & Conditions

The BlackRock Australia website ("Website") including BlackRock Accounts Online and Gateway are owned and operated by BlackRock Investment Management (Australia) Limited (ABN 13 006 165 975) having its registered office at Level 34, Olderfleet, 447 Collins Street, Melbourne, VIC, 3000

The Website including BlackRock Accounts Online and Gateway covers the products and services of BlackRock Investment Management (Australia) Limited ("BlackRock Australia").

By using and accessing the Website or any of its pages, you agree to be legally bound by these Terms of Use (including the Privacy Policy) detailed below.

We may change the content or services on the Website without notice including the Terms of Use and the Privacy Policy. Your continued access to, or use of, the Website means that you agree to and accept the changes we make. We recommend that you periodically review the Terms of Use and Privacy Policy for changes.

The information provided on the Website is prepared for residents of Australia only and should not be relied upon by residents of any other jurisdiction.

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Adviser Site Terms of Use
Use of Gateway
No Financial Product Advice
Accuracy and Currency of Information
Performance and Returns
Investing on Current Offer Documents
IDPS Accessible Funds
iShares ETFs
Return of Capital and Performance
Important Information from index providers
Distribution Summary and Fund Payment Information
Indemnity
Password
Copyright and Trademarks
Interactive Data Real Time Services
Morningstar web tools
Loss or Damage to your Systems
Links to, and from, other Sites

Adviser Site Terms of Use

I. General.

Read these terms and conditions (this "Agreement") carefully before accessing this site or application, as applicable (the "Site"), and/or using the services described herein. The Site is made available by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975 AFSL 230 523 of Level 37, 2 Chifley Square Sydney NSW 2000 (“BIMAL” and together with its affiliates, “BlackRock”, “we” or “us”). By utilising the Site, you acknowledge that you have read and that you agree to be bound by this Agreement. The Site provides information, data, content, models, model portfolios, tools, software, products, reports, services, user interfaces, visual interfaces, text, charts, graphs, graphics, links, documents, or other materials, including but not limited to the design, structure, selection, coordination, expression, "look and feel" and arrangement of such content (collectively, "Content"), subject to the restrictions set forth in this Agreement. If you do not agree to all the terms and conditions of this Agreement, you are not an authorised user of these services and you should not use the Site.

BlackRock reserves the right to change, modify, add or remove portions of this Agreement at any time for any reason. We suggest that you review this Agreement periodically for changes. Such changes shall be effective immediately upon posting. You acknowledge that by accessing the Site after we have posted changes to this Agreement, you are agreeing to this Agreement, as modified. We reserve the right to refuse to provide our products and services to anyone at any time. All persons and entities accessing the Site do so on their own initiative and are responsible for compliance with applicable local laws and regulations.

THIS AGREEMENT CONTAINS WARRANTY AND LIABILITY DISCLAIMERS. BY USING THE SITE, YOU ACCEPT AND AGREE TO THE TERMS AND CONDITIONS OF THIS AGREEMENT WITHOUT ANY RESERVATIONS, MODIFICATIONS, ADDITIONS, OR DELETIONS. YOU MAY BE DENIED ACCESS TO THE SITE, WITH OR WITHOUT PRIOR NOTICE TO YOU IF YOU DO NOT COMPLY WITH ANY PROVISION OF THIS AGREEMENT.

This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdiction. The material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances.

BlackRock shall have no obligations or responsibilities with respect to the provision of advice (including personal advice) or the offer or recommendation of any financial products or transactions to any actual or prospective client of yours (each a "Client"), or for determining the appropriateness or suitability of the model portfolios contained on the Site or any of the financial products included therein for any specific Client. It shall be your sole responsibility, and not BlackRock's responsibility, to: (x) make any recommendations or determinations as to the financial products to be bought and sold for any account of a Client, including with respect to financial products that are illustrated on the Site, and including any requirements relating to a determination of whether the investment is suitable for and/or in the best interests of your Client; (y) determine whether it is appropriate or relevant to share with any Client any Content derived from, generated by, or exported from the Site, and (z) comply with any applicable regulatory requirements associated with making any recommendations or determinations as to the financial products to be bought and sold for any account of such Client and with using Content generated or exported from the Site with your Clients, including any obligation to deliver a copy of the applicable fund disclosure document together with any such reports or in connection with any sales. The Site may contain data, information, or model portfolios (“Third-Party Content”) provided by third parties (“Third-Party Providers”). BlackRock shall have no obligations or responsibilities with respect to any Third-Party Content or Third-Party Providers. You acknowledge and agree that (i) through your use of the Site and/or your use of any Content derived from, generated by or exported from the Site, BlackRock is not (A) providing financial product advice or making any recommendations, including to buy or sell any financial products, to any Client; (B) soliciting the sale or purchase of any financial products to any Client, through your use of the Site or the reports generated or exported from the Site; (C) undertaking to provide financial product advice to you or your Clients, (D) acting in an investment advisory, fiduciary or quasi-fiduciary capacity to any Client; or (E) providing financial product advice or making any recommendations to you with respect to any Third-Party Content; (ii) none of the information, tools or model portfolios contained on the Site are intended to serve as the sole or primary basis for any investment decision by you or your Client, and you or your Client are responsible for exercising independent analysis of any investment, including discussing any applicable adjustments to the selected portfolios or other applicable inputs in any interactive analysis tools; and (iii) BlackRock is not responsible for determining whether any investment or recommendation, including to buy or sell any specific securities, made by you to any Client, is appropriate for, suitable for, or in the best interest of such Client. You are wholly responsible for, and BlackRock disclaims any responsibility or liability in connection with, your provision of financial product advice or recommendations, including to buy or sell any specific financial products, to any Client or any Content derived from, generated by or exported from the Site to any Client.

You will manage each Client's account: (i) in accordance with your own judgment and the exercise of investment discretion; and (ii) in accordance with any agreements between you and the Client and all applicable, laws, rules and regulations. BlackRock will have no obligation to supervise or monitor any financial product advice or other services provided by you to Clients.

In connection with your receipt and use of any Content contained on the Site, you hereby agree that you will not state or imply to any party, including but not limited to your employees, financial professionals, corporate authorised representatives, and any and all Clients and/or your representatives and agents, that BlackRock: (a) is providing, or is responsible for providing, financial product advice or recommendations to any actual or prospective Client; (b) has made any investment decision, or endorsed any investment decision or recommendation, including to buy or sell any specific financial products, made by you or any of your representatives or agents, for any Client or such representative or agent; (c) has made any recommendation or has in any way endorsed any Third-Party Content or Third-Party Provider; (d) has any relationship with you or your representatives or agents or has any obligation to provide you or your representatives or agents with any information, tools or model portfolios contained on the Site; or (e) has any relationship with or obligation to any Client. You further represent and warrant that each Client that receives information, analysis and/or reports from you which are derived from your use of the Site that they (x) acknowledge and agree that the models do not constitute financial product advice from BlackRock to any person or entity, (y) have entered into a contract with you in which you assume responsibility for providing financial services to such Clients, and (z) have received, read and understood any relevant offer documents. The Site is for informational purposes only and is not intended to be relied upon as a forecast or research. You acknowledge that any Content provided by BlackRock in connection with the Site may be based on a variety of sources. You acknowledge that BlackRock has not been involved in and provides no oversight or review of any Third-Party Provider with respect to, the selection, generation, calculation, or presentation of Third-Party Content and does not explicitly or implicitly endorse or approve any Third-Party Content or Third-Party Provider. Third-Party Content is provided for informational purposes only and should not be considered financial product advice.

BLACKROCK DOES NOT ASSURE THAT ANY CONTENT IT PROVIDES IN CONNECTION WITH THE SITE IS ACCURATE, CURRENT, COMPLETE, OR GUARANTEED AND IT SHOULD NOT BE RELIED UPON AS SUCH. ANY OPINIONS EXPRESSED ON THE SITE MAY CHANGE AS SUBSEQUENT CONDITIONS VARY. YOU ACKNOWLEDGE THAT ANY PAST PERFORMANCE SHOWN ON THE SITE IS NOT INDICATIVE OF FUTURE RESULTS AND THAT ANY PERFORMANCE INFORMATION PRESENTED ON THE SITE IS SUBJECT TO CHANGE.

Any investment is subject to investment risk, including delays on the payment of withdrawal proceeds and the loss of income or the principal invested. While any forecasts, estimates and opinions in this material are made on a reasonable basis, actual future results and operations may differ materially from the forecasts, estimates and opinions set out in this material. No guarantee as to the repayment of capital or the performance of any product or rate of return referred to in this material is made by BIMAL or any entity in the BlackRock group of companies.

BIMAL is the responsible entity and issuer of units in the Australian domiciled BlackRock managed investment schemes referred to in this material, including the Australian domiciled iShares ETFs. Any potential investor should consider the latest product disclosure statement, prospectus or other offer document (Offer Documents) before deciding whether to acquire, or continue to hold, an investment in any BlackRock fund. Offer Documents can be obtained by contacting the BIMAL Client Services Centre on 1300 366 100. In some instances, Offer Documents are also available on the BIMAL website at www.blackrock.com.au. An iShares ETF is not sponsored, endorsed, issued, sold or promoted by the provider of the index which a particular iShares ETF seeks to track. No index provider makes any representation regarding the advisability of investing in the iShares ETFs. Further information on the index providers can be found in the BIMAL website terms and conditions at www.blackrock.com.au.

This material may contain historical information regarding pricing and other metrics that may affect pricing like volatility timing etc. This historical information is not predictive or an indication of (i) future trading costs or prices or (ii) any level of trade execution and should not be relied upon as such.

BIMAL, its officers, employees and agents believe that the information in this material and the sources on which it is based (which may be sourced from third parties) are correct as at the date of publication. While every care has been taken in the preparation of this material, no warranty of accuracy or reliability is given and no responsibility for the information is accepted by BIMAL, its officers, employees or agents.

II. Authorised Users.

    A. Age requirement; authority. You represent that (i) you have read and understood, and that you agree to be bound by, this Agreement; (ii) you are a duly registered financial adviser; and (iii) you are at least 18 years old. If you do not agree to, or cannot comply with, any of these terms and conditions of this Agreement, you may not attempt to access or use the Site.


    B. Registration. You shall be the only authorised user of the Site under this Agreement. You shall be responsible for the confidentiality and use of your Access ID, Security Password and, if issued to you for purposes of trade placement, your Code ID, as well as any other security information (collectively, "Security Information"). You understand that you shall be solely responsible for all order requests and information (and the use of the information) transmitted through the Site using your Security Information. We are not obligated to inquire as to the authority or accuracy of, and will not be liable for any loss, expense or other liability arising out of, instructions transmitted through the Site using your Security Information. You expressly agree that the use of the Site, including the transmission and storage of any information through such use of the Site, is at your sole risk and responsibility.


    C. Personal Information. As a financial adviser, you understand and expressly agree that if you choose to share personal information, which may include the name, address, email address or other identifiable characteristics of an individual, which may be used alone or with other sources of information to identify that individual ("Personal Information") regarding a Client, you are responsible for gaining permission to enter such Personal Information, and that you are also solely responsible for the accuracy of all such Client Personal Information or other information you voluntarily share. BlackRock disclaims any and all liability for inaccurate information, or improper information regarding third parties or such Clients.


    BlackRock does not require or use any Personal Information about your Clients. For your convenience, the Site may retain portfolios uploaded by you so they may be accessed on a recurring basis, and, we allow you to save certain configurations that you have entered into the Site for ease of retrieval. You understand and agree that you are not required to provide, and BlackRock does not recommend that you provide, any Personal Information about your Client(s). BlackRock recommends that you use non-identifiable labels, rather than your Client's Personal Information, for these purposes. For example, if you choose to use a Client's name, please consider whether the name is sufficiently common that the identity of your Client is non-obvious, and use appropriate judgment in doing so. In the event you choose to disregard our recommendations and elect to use Personal Information of a Client to save such configurations, to the extent permitted under applicable law, we take no responsibility for any unauthorised use or disclosure of such information. Additionally, should you choose to insert the name or other Personal Information of any Client on any information, analysis, or report derived from, generated by or exported from the Site by you, you agree not to send any such report to BlackRock (whether in connection with a technical support request or for any other reason). You Acknowledge that BlackRock does not and is not obligated to undertake any specific measures to protect the privacy of any such Client or to comply with laws, rules or regulations, whether Commonwealth, state or otherwise, pertaining to the protection of personally identifiable information or data privacy.


    D. Accuracy. You are responsible for verifying the accuracy and receipt of all information transmitted via the Site and for immediately notifying BlackRock of any errors or inaccuracies relating to information transmitted via the Site.

    i. You and we both agree to comply with our own respective obligations under applicable privacy and data protection legislation.

    ii. Please review BlackRock's Privacy Policy https://www.blackrock.com/corporate/compliance/privacy-policy, which is a part of this Agreement and hereby incorporated by reference, to learn about our information collection practices and the measures we take to preserve the privacy and security of your information, including Personal Information. 

    Ill. License to Use the Site.

      A. Grant of license. BlackRock grants to you a limited, non-exclusive, non-transferable license (revocable at any time and for any reason at the sole discretion of BlackRock) to access and use the Site to access the Content contained therein in accordance with the terms and conditions set forth in this Agreement. BlackRock reserves all right, title and interest not expressly granted under this license to the fullest extent possible under applicable laws. Any use of the Site not specifically permitted under this agreement is strictly prohibited.


      B. Restrictions. You agree that you will not: (i) except to the extent provided below under "Branded Distributable Materials", reproduce, transmit, display or distribute copyrighted material in any medium or via any method without BlackRock's express written permission; (ii) except to the extent provided below under "Branded Distributable Materials”, copy, store, edit, change, prepare any derivative work of or alter in any way any of the Content provided on the Site; (iii) use the Site in any way that violates the terms of this Agreement or applicable law; (iv) access or use the Site from any location outside Australia or in respect of any Client of yours that is not a citizen or lawful permanent resident of Australia, (v) reverse engineer, decompile or disassemble any portion of the Site, (vi) interfere with or disrupt the operation of the Site or the servers or networks used to make the Site available in any manner that could damage, disable, overburden or impair the Site or interfere with any other party's use and enjoyment of the Site, (vii) create a database by systematically downloading and storing Content from the Site, (viii) use any robot, spider, site search/retrieval application or other manual or automatic device to retrieve, index, "scrape”, "data mine" or in any way gather Content on the Site or reproduce or circumvent the navigational structure or presentation of the Site, or (ix) except to the extent provided below under "Branded Distributable Materials”, (a) include the term "BlackRock”, or any BlackRock trademark or executive's name, or any variation of the foregoing, as a meta-tag, hidden textual element, or (b) use the Site or the Content in any manner that could create an impression of affiliation, sponsorship or endorsement with or by BlackRock. The Site is owned by BlackRock and is protected by U.S. and Australian copyright laws and international treaty provisions. You will not sublicense, assign, or transfer the license or any other rights granted to you under this Agreement, including any member name, account, or password. Any attempt to sublicense, assign, or transfer any of the rights, duties, or obligations in violation of the provisions of this Agreement is null and void and will expose you to a claim for damages.


      C. Branded Distributable Materials. The following provisions apply if you license and place your own branding and disclaimers on certain materials produced by and attributed to BlackRock ("Distributable Materials").

      i. If BlackRock provides you with such access, BlackRock hereby grants you a non-exclusive, non-transferable, non-assignable, revocable, license to distribute Distributable Materials that have been branded with a trademark, logo and other proprietary identifier added by you that is distinct from trademarks, logos or proprietary identifiers of BlackRock or of any BlackRock affiliate ("Branded Distributable Materials") to your current or prospective direct financial advisory client that are Australian persons and that have agreed to use such Branded Distributable Materials solely for their own internal use and not for further distribution. You acknowledge and agree that BlackRock is and will remain the owner of all right, title and interest in and to the Distributable Materials (including as modified by you) and each of the BlackRock trademarks thereon, and is also the owner of all goodwill associated with such BlackRock trademarks, and all goodwill generated by the use of the BlackRock trademarks, including as incorporated on the Branded Distributable Materials, shall inure exclusively to the benefit of BlackRock. Notwithstanding the foregoing, BlackRock acknowledges and agrees that it does not acquire any right, title or interest in or to any trademarks, logos or proprietary identifiers added by you that is distinct from trademarks, logos or proprietary identifiers of BlackRock or of any BlackRock affiliate ("Your Branding") or any disclaimers added to Distributable Materials by you that are distinct from any disclaimers added by BlackRock ("Your Content"). You represent and warrant that you have all intellectual property rights necessary to apply Your Branding and Your Content to Distributable Materials and to distribute Branded Distributable Materials including Your Branding and Your Content as contemplated hereby.

      ii. You are responsible for only distributing Distributable Materials that are current and up-to-date. Immediately prior to any distribution, you must first access and download the then-currently-available version of such Distributable Materials. If Distributable Materials which you downloaded at an earlier time no longer remain available via the site, or are available in an updated version, you shall not distribute the currently unavailable or outdated version which you previously downloaded. We have no obligation to inform you if we remove or alter any Distributable Materials you may have previously accessed or downloaded.

      iii. You are responsible for complying with the following restrictions in connection with your use of the Site and distribution of Branded Distributable Materials:

      a.) you may not modify the format or content of Distributable Materials except by using the tools within the Site to add Your Branding.

      b.) Branding, copyright notices, disclaimers and other related disclosures included by BlackRock in the Distributable Materials may not be altered or covered or concealed in any way by you.

      c.) All Branded Distributable Materials must include a statement that BlackRock and its affiliates are not affiliated with you.

      d.) you may not use the Site to place your own branding or disclaimers on any materials or content (whether on the Site or otherwise) other than Distributable Materials.

      e.) BlackRock undertakes no responsibility to notify you of changes to the Distributable Materials. It is your responsibility to confirm that you are using and distributing the latest version of any Distributable Materials.

      f.) BlackRock reserves the right to revoke the license to use the Site including in respect any tools available to place your branding or disclaimers on Distributable Materials, or to revoke the license to any specific Distributable Materials, at any time.

      g.) The distribution of Branded Distributable Materials to a third party does not cause BlackRock to have a relationship with such third party, nor does it result in the offer or recommendation of transactions in any specific financial products. You are prohibited from stating, suggesting or implying that BlackRock is providing financial advice services to any person or entity to whom you make Branded Distributable Materials available, and you may not state, imply or suggest that BlackRock has approved, endorsed or suggested the use of any particular investment strategy, or that it has made any recommendation to buy or sell any financial products.

      h.) You are responsible for ensuring that persons and entities to whom you make Branded Distributable Materials available do not distribute such materials to third parties and only use such materials for their own internal purposes.

      i.) The Site uses pdf formatted documents. You are responsible for obtaining your own pdf creator software.

      D. Other Restrictions. You agree that you will not: (a) impersonate any person or entity or misrepresent your affiliation with any other person or entity, including that you will not state, suggest or imply to any person or entity that you are affiliated with BlackRock; (b) engage in spamming, flooding, harvesting of email addresses or other personal information, spidering, screen scraping, database scraping, using any robot, intelligent agent, other automated device or manual process, or any other activity with the purpose of searching, monitoring or copying the Site or obtaining reports, data, information, content, software, products, services, lists of users or any other information, including specifically, loan and property listings available through the Site; (c) send chain letters or pyramid schemes via the Site; or (d) attempt to gain unauthorised access to other computer systems through the Site. You agree that you will not use the Site in any manner that could damage, disable, overburden, or impair the Site or interfere with any other party's use and enjoyment of the Site.

      IV. Intellectual Property Rights.

      A. General. You acknowledge that BlackRock owns or has a license to all title and intellectual property rights in and to the Content provided on the Site. All title and intellectual property rights in and to any licensed Content provided on the Site is the property of the respective Content owners and may be protected by applicable copyright, patent, trademark, trade dress or other intellectual property laws and treaties and subject to use restrictions under such laws or treaties. Accordingly, you may not copy, distribute, modify, post, frame or deep link the Site, including any text, graphics, video, audio, software code, user interface design or logos. You may download material displayed on the Site provided you also retain all copyright and other proprietary notices contained on the materials. You may not distribute, modify, transmit, reuse, repost, or use the Content of the Site other than strictly for the purposes of your provision of professional services for which you have any required licenses, as contemplated by this Agreement. You do not acquire any ownership or other rights to any Content accessed or viewed through the Site. The posting of Content on the Site does not constitute a waiver of any right in such information and materials. Except to the extent specified under "Branded Distributable Materials", nothing contained on the Site should be construed as granting, by implication, estoppel, or otherwise, any license or right to use any trademark displayed on the Site without the written permission of BlackRock. Your use of the trademarks displayed on the Site, or any other Content on the Site, except as expressly permitted herein, is strictly prohibited. Images displayed on the Site are either the property of, or used with permission by, BlackRock. The use of these images by you, or anyone else authorised by you, is prohibited unless specifically permitted by BlackRock. Any unauthorised use of images or other content on the Site may violate copyright laws, trademark laws, the laws of privacy and publicity, and communications regulations and statutes. If you download any information from the Site, you agree that you will not copy it or remove or obscure any copyright or other notices or legends contained in any such information.

      B. Trademarks and Third-Party Trademarks. The Site may contain third-party trademarks, service marks, graphics, and logos. You are not granted any right or license with respect to the BlackRock trademarks or the trademarks of any third party, except to the extent you are granted the right to distribute Distributable Materials as specified under "Branded Distributable Materials".

      C. Submissions or Other Information. If you submit to us or post on the Site any testimonial, comment, review, suggestion, idea, or any copyright, work of authorship, patent, trademark (including without limitation your firm logo), trade secret or other proprietary rights in and to such submissions (collectively a "Submission"), such Submission will not be confidential or secret, and may be used by us in any manner. Please do not submit or send any Submission to us that you consider contains confidential or proprietary information. We do not pre-screen Submissions and we will have no obligation to read any particular submission submitted or sent to us. By submitting or sending a Submission to us, you: (i) represent and warrant that the Submission is original to you, that no other party has any rights thereto, and that any "moral rights" in such Submission have been waived, and (ii) you grant us a royalty-free, unrestricted, worldwide, perpetual, irrevocable, non-terminable, non-exclusive and fully transferable, assignable and sublicensable right and license to develop, use, reproduce, publish, distribute, display, translate, summarize, modify, adapt, store, and otherwise exploit such Submission (in whole or part) for any purpose, including to incorporate it in other works in any form, media, or technology now known or later developed, in our sole discretion, with or without your name. The foregoing license shall survive any termination of your use of the Site. BlackRock will retain ownership of all information and data generated by or entered into the Site including as pertains to your use thereof. This data may be aggregated or processed with other data, and it may not be possible to discretely delete the data provided by you. However, BlackRock does not have any present intention to sell or otherwise make available to third parties for financial benefit any such information or data that you provide through the Site to any third parties, and we will update this Agreement prior to doing so in order for you to evaluate whether you wish to continue providing information to us following any such change in our practices. You may provide to BlackRock, suggestions, comments or other feedback ("Feedback") with respect to the Site. You agree that all Feedback is and shall be given entirely voluntarily. BlackRock shall be free to use any Feedback provided to it, without obligation or restriction of any kind on account of intellectual property rights or otherwise.

      V. Third-Party Data or Information. 

      A. You acknowledge that certain data or information ("Third-Party Content") is provided by third parties ("Third-Party Data Providers"). You acknowledge that certain Third-Party Data Providers may have rights in the Third-Party Content forming part of or comprising the Site and agree to comply with any restriction or condition imposed by Third-Party Data Providers. As part of such compliance, you may be required to enter into a separate agreement with BlackRock or Third-Party Data Providers in order to receive or to continue to receive such data.


      B. Except for uses of the Content as anticipated herein, unless you are in position of a valid license from the Third-Party Data Provider, you may not, except as expressly permitted by such Third-Party Data Provider license, (i) copy, share, sell, distribute, redistribute, or otherwise make the Third-Party Content available to any other party, or (ii) use the Third-Party Content contained on the Site in any other manner, including for any internal or external business purposes.


      C. You acknowledge that and agree that no duty of care is owed to you or to any other person by the Third-Party Data Providers or any of their upstream data or service providers, and the use of the Third-Party Content creates no lawyer-client or other relation between you or any other person and the Third-Party Data Providers and their upstream data or service providers. Opinions, estimates and projections in the Content and the Third-Party Content do not reflect the opinions of the Third-Party Data Providers. Third-Party Data Providers have no obligation to update, modify or amend the Third-Party Content or to otherwise notify users in the event that any matter stated in the Third-Party Content, or any opinion, projection, forecast, or estimate set forth in the Content or the Third-Party Content, changes or subsequently becomes inaccurate.


      D. No Third-Party Data Provider makes any representation or warranty as to any Third-Party Content, nor shall any Third-Party Data Provider have any liability, duty, or obligation for or relating to any Third-Party Content, any errors, inaccuracies, omissions or delays in the Third-Party Content, or for any actions taken in reliance thereon. Each Third-Party Data Provider shall be a third-party beneficiary of these and any other disclaimers provided in this Agreement or with the Content or Third­ Party Content, and shall have the right to enforce the same.


      E. The Third-Party Content is provided on an "as is" basis. No Third-Party Data Provider or any upstream data or service provider nor any other person makes any warranty, express or implied, as to the availability, accuracy, completeness or timeliness of the Third-Party Data nor as to the results that may be obtained by you from the use of the Third-Party Content nor as to the quality, performance or fitness for a particular purpose of the Third-Party Content. No Third-Party Data Provider or upstream data or service provider nor any other person shall be liable to you or any other person for the Third-Party Content for any errors, inaccuracies, omissions or delays in the data, regardless of cause, or for any damages (whether direct or indirect) resulting therefrom.


      Without limiting the foregoing, no Third-Party Data Provider nor any upstream data or service provider shall have any liability whatsoever, whether in contract (including under an indemnity), in tort (including negligence), under a warrant, under statute or otherwise, in respect of any losses or dames (including indirect, incidental, special or consequential damages or lost profits) suffered by users of the Third-Party Content, including as a result of or in connection with any opinions, recommendations, forecasts, judgments, or any other conclusions, or any course of action determined, by you of the Third-Party Content or any other person, whether or not based on the Third-Party Content and whether or not such losses or damages could have been foreseen or prevented.


      VI. Fees. 
      BlackRock may charge fees to third parties in connection with the use of the models on the Site, as separately agreed pursuant to the Terms of Use of the relevant model(s). In addition, the models on the Site, including third-party models, will include BlackRock funds, some of which will pay fees and/or reimburse expenses to BlackRock for providing management, administrative, or other services. Unless otherwise explicitly agreed, any fees charged in connection with the use of the models on this Site will not be reduced by any fees or other compensation or reimbursed expenses paid to BlackRock for providing management, administrative, or other services to BlackRock funds in which a Client may invest.


      VII. Term.
      You may cease to use the Site at any time. This Agreement will remain effective and shall apply to your use of the Site until amended, or terminated, by us. This Agreement and the arrangements contemplated hereby may be terminated by BlackRock with immediate effect without liability to BlackRock at any time and for any reason, in BlackRock's sole and exclusive discretion. In addition to any right or remedy that may be available to BlackRock under applicable law, BlackRock may suspend, limit, or terminate all or a portion of your access to the Site, and/or your rights to use any of the Content, at any time with or without notice and with or without cause, including without limitation, if BlackRock believes that you have violated or acted inconsistently with the letter or spirit of this Agreement. Upon any such termination, your right to use the Site will immediately cease. In addition, BlackRock may refer any information on illegal activities, including your identity, to the proper authorities.


      VIII. Assignment.
      This Agreement is personal to you, and is not assignable, transferrable or sublicensable by you except with BlackRock's prior written consent. If, after 30 days of receiving notice of an assignment from us, you do not terminate your use of the Site as provided for in this Agreement, you will be deemed to have consented to BIMAL's assignment of such contract. Your discontinuance of the use of the Site will constitute your termination of this Agreement (other than any surviving terms herein) and any relationship as between you and BIMAL.


      IX. Warranty Disclaimer and Limitation of Liability.
      THE SITE, AND ALL MATERIALS, INFORMATION AND OTHER CONTENT, AS WELL AS ANY PRODUCTS AND SERVICES PROVIDED ON THE SITE ARE PROVIDED "AS IS" AND WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESSED OR IMPLIED. TO THE FULLEST EXTENT PERMISSIBLE BY APPLICABLE LAW, BLACKROCK DISCLAIMS ALL WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTY OF NON-INFRINGEMENT OF THIRD-PARTY RIGHTS AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. BLACKROCK DOES NOT WARRANT, EITHER EXPRESSLY OR IMPLIEDLY, THE ACCURACY OR COMPLETENESS OF THE CONTENT CONTAINED ON THE SITE AND DOES NOT WARRANT THAT THE FUNCTIONS CONTAINED IN THE SITE WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SITE WILL BE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. BLACKROCK EXPRESSLY DISCLAIMS ALL LIABILITY FOR ERRORS AND OMISSIONS IN THE CONTENT ON THE SITE AND FOR THE USE OR INTERPRETATION BY OTHERS OF INFORMATION CONTAINED ON THE SITE. BLACKROCK DISCLAIMS ALL WARRANTIES, EXPRESSED OR IMPLIED, THAT THE CONTENT ON THE SITE WILL PRODUCE ANY PARTICULAR INVESTMENT OUTCOME FOR ANY PARTICULAR INVESTOR. WE DO NOT WARRANT OR MAKE ANY REPRESENTATIONS REGARDING THE USE OR THE RESULTS OF THE USE OF THE CONTENT ON THE SITE IN TERMS OF THEIR CORRECTNESS, ACCURACY, RELIABILITY, OR OTHERWISE. YOU ASSUME THE ENTIRE COST OF ALL NECESSARY SERVICING, REPAIR, OR CORRECTION. UNDER NO CIRCUMSTANCES ARE WE OR OUR AFFILIATES, LICENSORS, SERVICE PROVIDERS, OFFICERS, DIRECTORS, FUND DIRECTORS, EMPLOYEES, OR AGENTS RESPONSIBLE FOR ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES (INCLUDING LOST PROFITS) TO YOU OR ANY OTHER PARTY, EVEN IF WE HAVE BEEN APPRISED OF THE POSSIBILITIES OF SUCH DAMAGES, AND WHETHER OR NOT SUCH COULD HAVE BEEN FORESEEN OR PREVENTED. 


      X. Indemnity.
      You agree to indemnify and hold BlackRock, its directors, fund directors, officers, employees, affiliates, agents, partners, members, contractors, licensors, suppliers and service providers harmless with respect to any and all suits, claims, demands, liabilities, losses, obligations, damages, costs and expenses (including but not limited to, reasonable legal expenses) arising out of, or alleged to arise out of, or related to: (i) your breach of this Agreement, including, but not limited to, any infringement by you of the copyright, patents, trademarks, trade secrets, or intellectual property rights of any third party; (ii) your use or misuse of the Site (or any portion thereof), including your use, or provision to third parties (including any Client of yours) of any of the Content (including materials provided by or derived from materials provided by any Third-Party Data Providers) generated by or exported from the Site; (iii) your Client's use of any Content, or (iv) to the extent resulting from or arising out of any authorised or unauthorised or otherwise inappropriate use of any of the Content of the Site attributable to You or which occurs through the use of Your Access ID. Furthermore, BlackRock shall have the right to injunctive relief to enforce its rights hereunder, for which you waive the requirement, if any, to post any bond, or similar requirement.

      XI. Additional Disclosures.

      A. Fund and Adviser Disclosures. Investments in a BlackRock product or client account are not bank deposits and are not insured or guaranteed by BlackRock or the Australian Government Financial Claims Scheme, any government agency or any bank. Risk is inherent in all investing. The value of an investment in a fund, as well as the amount of return on an investment, may fluctuate significantly from day to day and over time. An investor may lose part or all of an investment in a fund, or such investment may not perform as well as other similar investments. Although certain money market funds seek to preserve the value of an investment at $1.00 per share, it is possible to lose money by investing in such money market funds. 


      B. Results. In addition to risk factors identified elsewhere in the Site, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: (1) the introduction, withdrawal, success and timing of business initiatives and strategies; (2) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for products or services or in the value of assets under management; (3) the relative and absolute investment performance of BlackRock's investment products; (4) the impact of increased competition; (5) the impact of future acquisitions or divestitures; (6) the unfavorable resolution of legal proceedings; (7) the extent and timing of any share repurchases; (8) the impact, extent and timing of technological changes and the adequacy of intellectual property and information security protection; (9) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to BlackRock; (10) terrorist activities, international hostilities and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (11) the ability to attract and retain highly talented professionals; (12) fluctuations in the carrying value of BlackRock's economic investments; (13) the impact of changes to tax legislation, including income, payroll and transaction taxes, and taxation on products or transactions, which could affect the value proposition to clients and, generally, the tax position of the Company; (14) BlackRock's success in maintaining the distribution of its products; (15) the impact of BlackRock electing to provide support to its products from time to time and any potential liabilities related to securities lending or other indemnification obligations; (16) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions; and (17) the impact of any fees, costs and charges imposed by a third-party in relation to the offer of any model portfolio.

      C. Links to Other Websites. BlackRock may establish links between the Site and one or more websites or applications operated by third parties. BlackRock has no control over any such other websites, the contents therein or the products/services offered. The existence of any such links shall not constitute an endorsement of, or representation or warranty by BlackRock regarding such websites, the contents of the websites, the products or services of the websites or the operators of the websites. Your access to and use of such linked websites is governed by the terms of use and privacy policies of those sites and shall be at your own risk. BlackRock disclaims responsibility for the privacy policies and customer information practices of third-party internet websites hyperlinked from the Site.

      D. Links to BlackRock from Other Websites or Applications. Except as explicitly permitted under this Agreement, you shall not display hyperlinks on your websites or your applications to any website or application owned or operated by BlackRock. If you desire to display on your website or application a hyperlink to a BlackRock website, you must enter into a written agreement with BlackRock governing such display. Access to any BlackRock website does not authorise you to use any of BlackRock's names, logos, trademarks or copyrighted material, and you agree not to do so without BlackRock's express written consent. Requests to display hyperlinks on your websites to BlackRock websites should be emailed to askblackrock@blackrock.com.

      E. Transmissions to and From the Site. Electronic communications can be intercepted by third parties and, accordingly, transmissions to and from the Site may not be secure. BlackRock shall be free to use, for any purpose, any ideas, concepts, know-how, or techniques provided by a website user to BlackRock through the Site. You acknowledge and agree that BlackRock has granted you limited access to the specific files pertaining to the BlackRock Funds ("Approved Files"), and you agree not to attempt to access computer files other than the Approved Files. BlackRock makes no warranty to you regarding the security of the Site, including with regard to the ability of any unauthorised persons to access information received or transmitted by you through or from the Site. BlackRock reserves the right to cease providing, or to change, the Site and the Content (or any portion or feature thereof) at any time or frequency and without notice.

      F. Account and Transaction Information on the Site. Certain BlackRock clients may access account information, including transactions, through the Site. Account information is unaudited unless noted otherwise and may be based on estimates. Do not make any investment decisions based on such information as it is subject to change.

      G. Privacy Policy. Please review Our Privacy Policy, which is a part of this Agreement and hereby incorporated by reference, to learn about our information collection practices and the measures we take to preserve the privacy and security of your information. 

      H. E-mail and Marketing. Users who complete the registration process to access the Site are at the same time granting BlackRock permission to send them email messages for marketing and general communication purposes at the email address(es) they have provided. This service may be discontinued at any time via a link in the email labeled "Unsubscribe."

      In order to optimize user browsing experience on the Site and ensure proper functioning of features within the Site, authenticated users are tracked throughout the Site. Tracking and profiling of individual users can always be turned off by clicking the "Manage Cookies" button at footer of each page. Please note however, that this may result in loss of functionality and the ability of the Site to deliver personalised content. Tracking information is not linked to any activities of the user outside the Site. Further information and a full list of cookies in use can be found in the BlackRock Cookie Notice. 

      I. BlackRock's Conflicts of Interest. You understand and acknowledge that certain of the model portfolios consist of products issued by BlackRock and, accordingly, BIMAL has a potential conflict of interest, as a Client's investment in such BlackRock products or funds will increase compensation to BlackRock. BlackRock has an incentive to construct model portfolios that contain BlackRock funds or products that would results in higher levels of compensation being paid to BlackRock than other funds or products not advised by BlackRock or for which BlackRock would charge lower fees or expenses. BlackRock has an incentive to include third-party model portfolios that contain a higher percentage of BlackRock funds or products vis-a-vis other third-party model portfolios. You acknowledge and agree that you will exercise your own judgment with respect to any investment recommendation or decision and, in your sole discretion, may deviate from a model portfolio in making investment recommendations or decisions on behalf of your Clients. 

      J. Timeliness of Content. All Content on the Site is presented only as of the date published or indicated and may be superseded by subsequent market events or for other reasons. In addition, you are responsible for setting the cache settings on your browser to ensure you are receiving the most recent data.

      K. Prohibited Uses. Except as otherwise stated in this Agreement or as expressly authorized by BlackRock in writing, you may not: Include the term "BlackRock," or any BlackRock trademark or executive's name, or any variation of the foregoing, as a meta-tag, hidden textual element; or Use the Site or the Materials in any manner that could create impression of affiliation, sponsorship or endorsement by BlackRock.

      L. Password Security and Notification. Certain parts of the Site are protected by passwords or require a login and are restricted to authorised users only. You may not obtain unauthorised access to such parts of the Site, or to any other protected materials or information, through any means not intentionally made available by BlackRock for your specific use.

      M. System Outages and Incomplete Transmissions. Internet software or transmission problems may produce inaccurate or incomplete copies of Content that may be downloaded and displayed on a user's computer. BlackRock is not liable for any damages, changes, or omissions that occur during transmission of Content.

      N. Waiver. No waiver by BlackRock of any right under or term or provision of this Agreement will be deemed a waiver of any other right, term, or provision of the Agreement at the time of such waiver or a waiver of that or any other right, term, or provision of the Agreement at any other time.

      XII. Severability; Miscellaneous.
      If any provision of the Agreement is deemed unlawful, void, or for any reason unenforceable, then that provision will be deemed severable from the Agreement and will not affect the validity and enforceability of the remaining provisions. This Agreement represents the entire agreement between BlackRock and the user relating to the subject matter herein, it being understood and agreed that use of certain portions of the Site, or certain Content available on the Site, are subject to additional terms and conditions, as specified therein. Where this is the case, those additional terms and conditions shall be incorporated by reference into this Agreement; in the event of any inconsistency between such additional terms and conditions and this Agreement, such additional terms and conditions shall prevail. BlackRock is an equal opportunity employer committed to diversity in the workplace.

      XIII. Additional Terms.

      A. Your Means of Site Access. You will be responsible for (including regarding any costs associated with) providing the wireless, dial-up, dsl, cable modem or other form of internet access and any other hardware and software necessary to access and use the Site.

      B. Compliance with Laws. BlackRock complies with all applicable laws, including, but not limited to, privacy laws. You agree that you will comply with all such laws applicable to you.

      C. Third-Party Materials. BlackRock or its business partners may present advertisements or promotional materials on or through the Site. Your dealings with, or participation in promotions of, any third-party advertisers on or through the Site are solely between you and such third party and your participation is subject to the terms and conditions associated with that advertisement or promotion. You agree that BlackRock is not responsible or liable for any loss or damage of any sort incurred as the result of any such dealings or as the result of the presence of such third-party materials on the Site.

      D. Jurisdiction of Use. Except as explicitly provided herein, the information provided on the Site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject BlackRock or its affiliates to any registration requirement within such jurisdiction or country. Investments in funds offered by BIMAL are only available to investors who receive the product disclosure statement (electronically or otherwise) in Australia. The PDS is not an offer to any person or any place in which it is unlawful to make such an offer. Units in a fund offered by BIMAL have not been, and will not be, registered under the U.S. Securities Act of 1933 or the securities laws of any of the states of the United States. BIMAL funds are not and will not be registered as an investment company under the U.S. Investment Company Act of 1940. Investment in units of a fund by or on behalf of U.S. persons is not permitted. Units in a fund may not at any time be offered, sold, transferred or delivered within the United States or to, or for the account or benefit of, a U.S. person. Any issue, sale or transfer in violation of this restriction will not be binding upon the Fund and may constitute a violation of U.S. law. The Site will not be considered a solicitation for or offering of any investment product or service to any person in any jurisdiction where such solicitation or offering would be illegal.

      E. Governing Law; Jurisdiction. This Agreement will be governed by the laws of the state of New South Wales, Australia, notwithstanding any conflict of laws provisions thereof. The exclusive jurisdiction for any claim, action or dispute with BlackRock or relating in any way to your use of the Site will be in New South Wales, Australia and any appellate courts and the venue for the adjudication or disposition of any such claim, action or dispute will be in New South Wales, Australia. The prevailing party in any dispute arising under this Agreement shall be entitled to payment of its reasonable attorney's fees by the other party.

      F. Notices. BlackRock may send notices to you with respect to your use of the Site by sending an email message to the email address listed in your account information, by sending a letter via mail to the contact address listed in your account information, or by a posting a note, pop-up or other similar notification on the Site when you access your account. You agree that we may provide notice to you through such means. Unless otherwise stated in the notices, the notices will become effective immediately.

      G. No Third-Party Rights. There are no third-party beneficiaries of your rights under this Agreement.

      H. Information and Press Releases. The Site may contain information and press releases about BlackRock. We disclaim any duty or obligation to update this information or these press releases. Additionally, any information contained in this information and in these press releases that pertains to companies other than BlackRock should not be relied upon as being provided or endorsed by BlackRock.

      H. Information and Press Releases. The Site may contain information and press releases about BlackRock. We disclaim any duty or obligation to update this information or these press releases. Additionally, any information contained in this information and in these press releases that pertains to companies other than BlackRock should not be relied upon as being provided or endorsed by BlackRock.

      I. General contact information. For questions regarding the Site or your use of the Site, please email us at clientservices.aus@blackrock.com.

      You acknowledge that you have read this Agreement, understand it and will be bound by its terms and conditions. You further acknowledge that this Agreement represents the complete and exclusive statement of the agreement between us relating to the subject matter of this Agreement, and that it supersedes any proposal or prior agreement oral or written, and any other communications between us relating to the subject matter of this Agreement. You agree that this Agreement will be deemed signed for all purposes when you click "I agree", and you will not contest the legally binding nature, validity, or enforceability of this Agreement based on the fact that it has been executed electronically, and that any record of your acceptance of this Agreement and its terms will, if introduced as evidence in any judicial or administrative proceeding, be admissible as between you and BlackRock to the same extent and under the same conditions as other written agreements, business documents, and records originally generated and maintained in printed form. Further, you acknowledge that by clicking “I agree” that you consent to receiving marketing material electronically as set out in Section XI(H) (E-mail and Marketing) above.

      Dated: November 2023.
      ©2023 BlackRock, Inc. All rights reserved. BLACKROCK, ALADDIN, iSHARES and iRetire are trademarks of BlackRock, Inc., or its subsidiaries. The absence of a product or service name or logo from this list does not constitute a waiver of BlackRock's trademark or other intellectual property rights concerning that name or logo. All other marks are the property of their respective owners.

       

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        Use of Gateway

        Users of Gateway ("User") will be able to access information on Gateway, which will be controlled by a Unique Identifier and Password selected by the User. This is to allow us to implement measures to preserve the security of this information. BlackRock Australia will not have access to the Password selected by the User.

        Use of Gateway is subject to specific terms and conditions in addition to the general Terms of Use. By accessing Gateway you are deemed to have read, understood and agreed to the following terms and conditions:
        1. I acknowledge that I have read these Terms of Use and the Privacy Policy.
        2. I agree not to disclose my Unique Identifier and Password to any other person and notify BlackRock Australia immediately of any unauthorised access to, or use of my Unique Identifier and Password.
        3. I agree to be responsible for the use by others of my Unique Identifier and Password.
        4. I acknowledge that information in Gateway relating to me or my clients (where relevant) will be disclosed to any User using a valid Unique Identifier and Password whether or not such use is authorised by me. Once access is granted, all actions will be deemed to be made by me.
        5. I warrant that any information entered by me using my Unique Identifier and Password is accurate.
        6. I acknowledge that my access to Gateway may be revoked by BlackRock Australia at any time without notice.
        7. I agree to indemnify BlackRock Australia and its related body corporate and all other Users of Gateway against any claim, loss, cost, damage, action or expense which BlackRock Australia or its related body corporate, or any other User of Gateway may experience arising from:
        (a) my use of Gateway;
        (b) my failure to keep my Password confidential; and
        (c) the use of Gateway by any other person on my behalf.

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        No Financial Product Advice

        The material on the Website provides general information only and has not been prepared having regards to your objectives, financial situation or needs. Before making an investment decision, you need to consider whether this information is appropriate to your objectives, financial situation or needs. Any potential investor should consider the latest disclosure document or PDS in deciding whether to acquire, or to continue to hold, an investment in any BlackRock fund. You should seek independent professional legal, financial, taxation, and/or other professional advice before making an investment decision.

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        Accuracy and Currency of Information

        BlackRock Australia, its officers, employees, agents and associates believe that the information and material provided on the Website is correct at the time of compilation but do not warrant the accuracy, reliability or currency of that information and material. You should carefully check the date of compilation of the information and material (where relevant) to determine its currency. Save for statutory liability which cannot be excluded, BlackRock Australia, its officers, employees, agents, related body corporate and associates disclaim all responsibility for any loss or damage which any person may suffer from reliance on the information and material on the Website or any opinion, conclusion or recommendation in the information and material whether the loss or damage is caused by any fault or negligence on the part of BlackRock Australia (including its officers, employees, agents, related body corporate and associates) or otherwise.

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        Performance and Returns

        All performance figures contained in the Website are sourced from internal and other sources as appropriate. Past performance is not a reliable indicator of future performance. The value of investments and the income from them may go down as well as up and are not guaranteed.

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        Investing on Current Offer Documents

        BlackRock Investment Management (Australia) Limited ABN 13 006 165 975 (AFS Licence No 230523) ("BlackRock Australia") is the responsible entity for the Australian managed investment funds (including the Australian iShares ETFs, see section titled “iShares ETFs” below for further information) registered under the Corporations Act 2001 offered by BlackRock Australia. BlackRock Australia is the local agent and intermediary for the international iShares ETFs (see section titled “iShares ETFs” below for further information), issued by iShares, Inc. ARBN 125632 279 formed in Maryland, USA and iShares Trust ARBN 125 632 411 organised in Delaware, USA ("International iShares ETFs”). The international iShares ETFs are registered with the United States Securities and Exchange Commission under the Investment Company Act of 1940.

        Investments into any fund detailed on the Website may only be made on the basis of an application form contained in, or accompanying a current Product Disclosure Statement (PDS), Disclosure Document/Information Memorandum or Prospectus (collectively “Offer Documents”). Offer Documents for any BlackRock Australia fund detailed on the Website are available from BlackRock Australia, or, in certain circumstances, can be downloaded from the Website as a PDF file. You should consider the relevant Offer Document in deciding whether to acquire or to continue to hold the product. If you would like a printed paper copy of an Offer Document, please call us on 1300 366 100 or alternatively, where available, you can download an electronic PDF copy from the website.

        Offer Documents on this website are only intended for use by Australian residents. They have been prepared under Australian law and do not directly or indirectly amount to an offer in any other place other than Australia.

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        IDPS Accessible Funds

        Interests in certain funds are accessible through investor directed portfolio services ("IDPS Accessible Funds") and are offered in a PDS available on the Website. Please read and consider the relevant PDS carefully before deciding to invest. Please note that persons intending to invest in the IDPS Accessible Funds will need to complete the applicable forms for the relevant service.

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        iShares ETFs

        Generally, units/shares of iShares ETFs may only be created or redeemed directly from an iShares ETF by authorised participants (typically large institutional investors) in very large creation/redemption sizes. Other investors wishing to access iShares ETFs may do so via each fund’s listing on a market of the Australian Securities Exchange ("ASX") through a brokerage account. Transaction costs are incurred when buying or selling iShares ETF securities on ASX markets and brokerage commissions if such trades are done through a broker. iShares securities trade on ASX at market price (not at net asset value ("NAV")). Before investing in an iShares ETF, you should carefully consider whether such products are appropriate for you, read the applicable Offer Document, which are available from BlackRock Australia or can be downloaded from the Website in PDF format, and consult a financial or other professional adviser.

        In respect of information relating to iShares ETFs listed on a market of the ASX, ASX takes no responsibility for any aspect of the Website or any decision to invest in an iShares ETFs. The admission by ASX of an issuer of an iShares ETF is in no way an endorsement by ASX of the issuer or of iShares ETF securities.

        BlackRock Fund Advisors ("BFA") serves as an advisor to the International iShares ETFs. BFA is a subsidiary of BlackRock Institutional Trust Company, N.A. ("BTC"). BTC is a wholly-owned subsidiary of BlackRock, Inc®. Information regarding foreign companies is provided solely to inform Australian residents of the role each of these foreign companies have in the International iShares ETFs listed on the ASX. Content is general in nature only.

        Trades on the ASX in the shares of International iShares ETFs are settled using CHESS Depositary Interests. An investment in an International iShares ETF involves investing in international markets. In addition to the normal investment risks associated with investment type products, international investments may involve the risk of losing all or part of any capital from unfavourable fluctuations in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. An investment in emerging markets and single countries may also involve heightened other risks such as increased volatility and the possibility of lower trading volume.

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        Return of Capital and Performance

        None of BlackRock Australia, their associates, related body corporate and subsidiaries guarantees the success of any fund, or repayment of capital nor any particular rate of return on income or of capital. Investment type products are subject to investment risk, including delays in repayment.

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        Important Information from Index Providers

        BlackRock funds are not sponsored, endorsed, issued, sold or promoted by ASX Operations Pty Limited (including its affiliates), Bloomberg Finance L.P. and its affiliates (“Bloomberg”), Barclays Capital Inc., FTSE International Limited (“FTSE”), JPMorgan Chase & Co., MSCI Inc. ("MSCI"), Markit Indices Limited, Morningstar, Inc., National Association of Real Estate Investment Trusts (“NAREIT”), Russell Investment Group ("Russell"), Standards & Poor’s ("S&P"), S&P Dow Jones Indices LLC, or The McGraw-Hill Companies, Inc. ("McGraw-Hill"). None of these companies make any representation or warranty regarding the advisability of investing in any BlackRock fund. BlackRock group of companies are not affiliated with the companies listed above. Index data related to the underlying indices are provided by the respective index companies listed above.

        Neither FTSE nor NAREIT makes any warranty regarding the FTSE NAREIT Real Estate 50 Index, FTSE NAREIT All Residential Capped Index or FTSE NAREIT All Mortgage Capped Index; all rights vest in NAREIT. Neither FTSE nor NAREIT makes any warranty regarding the FTSE EPRA/NAREIT Developed Real Estate ex-U.S. Index, FTSE EPRA/NAREIT Developed Europe Index or FTSE EPRA/NAREIT Global REIT Index; all rights vest in FTSE, NAREIT and EPRA. The FTSE China 50 Index is calculated by FTSE.
        “FTSE®” is a trademark of London Stock Exchange Group companies and is used by FTSE under license. MSCI and the MSCI Index are trademarks and servicemarks of MSCI. Standard & Poor's® and S&P® are registered trademarks of S&P, a division of McGraw-Hill. ASX® is a registered trademark of ASX Operations Pty Limited and has been licensed for use to S&P. The "Russell Index" is a trademark of Russell. Each of these companies has licensed the use of their respective trademarks and servicemarks to BlackRock Institutional Trust Company, N.A.

        Bloomberg is not affiliated with BlackRock Australia and do not approve, endorse, review, or recommend iShares Composite Bond ETF, iShares Government Inflation ETF or iShares Treasury ETF. BLOOMBERG and the Bloomberg AusBond Composite Index℠, Bloomberg AusBond Inflation Government Index℠ and Bloomberg AusBond Treasury Index℠ are trademarks or servicemarks of Bloomberg and have been licensed to BlackRock Australia. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to the Bloomberg AusBond Composite Index℠, Bloomberg AusBond Inflation Government Index℠ and Bloomberg AusBond Treasury Index℠.

        The relevant product disclosure document or prospectus contains a more detailed description of the limited relationship the companies mentioned above have with BlackRock group of companies and any related funds.

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        Distribution Summary and Fund Payment Information

        BlackRock Australia is required to disclose certain information to comply with the new withholding tax rules in relation to non-residents. Please consult your tax advisor to understand if and how the new disclosures may apply to you. The distribution details contained in these documents are estimates only.

        Actual distribution information will be forwarded shortly after 30 June each year. The estimates are provided to you in good faith and have been derived from sources, materials and systems believed to be accurate and the best available at the time of the distribution. BlackRock Australia makes no representations and disclaims all express, implied and statutory warranties of any kind to you or any third party, including but not limited to, representations, and warranties regarding accuracy, timeliness or completeness of the estimate. In no event shall BlackRock Australia or any member of the BlackRock group of companies be liable for any damages, losses or expenses arising in connection with the use of, or reliance upon, the estimate by the recipient. A recipient must not provide distribution estimates to any third party unless consent is obtained from BlackRock Australia and they are accompanied by this disclaimer.

        This information does not constitute general or personal financial product advice, nor does it constitute taxation advice. Investors should seek professional financial and taxation advice before making any investment decision. Please note that past distributions are not indicative of future distributions.

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        Indemnity

        Where a claim is brought against BlackRock Australia or its related body corporate by a third party in relation to your use of the Website, you hereby agree to fully reimburse BlackRock Australia or its related body corporate for all losses, costs, actions, proceedings, claims, damages, expenses (including reasonable legal costs and expenses), or liabilities, whatsoever suffered or incurred directly by BlackRock Australia or its related body corporate as a consequence of improper use of the Website. Neither party should be liable to the other for any loss or damage which may be suffered by the other party due to any cause beyond the first party's reasonable control including without limitation any power failure.

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        Password

        You acknowledge and agree that it is your responsibility to keep secure and confidential any passwords that we issue to you and your authorised employees and not to let such password(s) become public knowledge. If any password(s) become known by someone other than you and your authorised employees, you must change those particular password(s) immediately using the function available for this purpose on the Website.

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        Copyright and Trademarks

        Copyright in all the material, works, software, design, text, graphics and code contained on or used to produce the Website and in the information and material and in its arrangement or layout, is owned or licensed by BlackRock Australia or its related body corporate or its associates unless otherwise indicated. Other than as permitted below, your use of anything in which BlackRock Australia or its related body corporate or its associates own copyright is governed by the copyright laws of Australia and its international treaties with other countries, as applicable.

        You are permitted to save or print a copy of the Website solely for your own information, research or study, but only if you do not modify the copy and you include the copyright notice "© BlackRock Investment Management (Australia) Limited" on the copy. You may not copy, publish, distribute, create works from or commercially exploit the content of the Website for any other purpose.

        iShares® and BlackRock® are registered trademarks of BlackRock, Inc., or its subsidiaries. All other trademarks, servicemarks, or registered trademarks are the property of their respective owners. Nothing contained on the Website should be construed as granting, by implication, estoppel, or otherwise, any license or right to use any trademark displayed on the Website without the written permission of BlackRock Australia or such other third party that may own the trademark displayed on this website. Your use of the trademarks displayed on the Website, except as provided herein, is strictly prohibited.

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        Interactive Data Real Time Services

        Certain information relating to iShares ETFs provided by Interactive Data Real Time Services ("Interactive Data") and its affiliates (the "Interactive Data Information") is owned by or licensed to Interactive Data and its affiliates. You are only permitted to use such Interactive Data Information for your own personal use. In no event shall you publish, retransmit, redistribute or otherwise reproduce any Interactive Data Information in any format to anyone, and you shall not use any Interactive Data Information in or in connection with any business or commercial enterprise, including, without limitation, any securities, investment, accounting, banking, legal or media business or enterprise.

        Prior to the execution of an iShares ETF security trade based upon the Interactive Data Information, you are advised to consult with your broker or other financial representative to verify pricing information.

        THE INTERACTIVE DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER INTERACTIVE DATA NOR ITS AFFILIATES MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE INTERACTIVE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. NEITHER INTERACTIVE DATA NOR ITS AFFILIATES GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INTERACTIVE DATA INFORMATION NOR WILL THEY BE LIABLE TO ANY USER OR ANYONE ELSE FOR ANY INTERRUPTION, INACCURACY, ERROR OR OMISSION, REGARDLESS OF CAUSE, IN THE INTERACTIVE DATA INFORMATION OR FOR ANY DAMAGES (WHETHER DIRECT OR INDIRECT, CONSEQUENTIAL, PUNITIVE OR EXEMPLARY) RESULTING THEREFROM.

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