IMPORTANT: 
• Use of environmental, social and governance (“ESG”) criteria as the investing principles may impact the Fund’s performance. The evaluation methodology adopted by different investment managers may vary due to a lack of standardized taxonomy on ESG criteria and sustainable themes or sectors. Reliance on third party data may lead to incorrect evaluation of a security or issuer based on ESG criteria. There may also be a risk of incorrectly applying the relevant ESG criteria on the Fund. The Fund's investments in equities could incur significant losses due to higher fluctuation of equity values. The Fund may invest in debt securities that are subject to actual or perceived ratings downgrade. An increase in interest rates may adversely affect the value of the bonds held by the Fund. The Fund may invest in non-investment grade and unrated bonds that may be subject to higher default, volatility and liquidity risks.
• The Fund invests in other Collective Investment Schemes (“underlying CIS”) which may include those not regulated by the Securities and Futures Commission of Hong Kong (“SFC”). The underlying CIS may not achieve their investment objectives and strategies which may have negative impacts to the Fund’s net asset value (“NAV”). The Fund may incur additional costs when investing into underlying CIS. Such underlying CIS may have insufficient liquidity to meet the Fund’s redemption requests. There may be potential conflicts of interest where the Fund invests in underlying CIS managed by one or more affiliates of the BlackRock Group. The Fund uses proprietary models that incorporate quantitative analysis to pursue its investment objective, but there is no guarantee that these models will perform as forecasted and result in effective investment decisions for the Fund. Third party data and historical data may be inaccurate or incomplete and limit the effectiveness of the models.
•  The Fund is subject to currency risk, currency conversion risk including Renminbi denominated Classes, foreign investments restrictions risk, and liquidity risk.
• Class 5(G) Shares pay dividends gross of expenses. Class 6 Shares pay dividends gross of expenses and/or from capital at the Directors’ discretion. Class 11 Shares pay dividends gross of expenses and/or from capital at the Directors’ discretion. Dividends may exceed the share class’s realized total return and can be paid wholly or substantially out of capital, effectively returning part of the investor’s original investment. Class 8 Shares pay dividends gross of expenses and/or from capital at the Directors’ discretion and include interest rate differentials arising from share class currency hedging. Negative interest rate differentials may decrease the dividends paid.  Paying dividends gross of expenses may result in more income being available for distribution; however these shares may effectively pay dividends from capital – may amount to a partial return or withdrawal of an investor’s original investment or capital gains. All declared dividends result in an immediate reduction in the NAV price of the share class on the ex-dividend date.
•  The Fund may use derivatives for hedging and for investment purposes. However, usage for investment purposes will not be extensive. The Fund may suffer losses from its derivatives usage. Investment in covered call options may limit potential gains on the underlying assets, which may adversely affect the Fund’s value. 
•  The value of the Fund can be volatile and can go down substantially within a short period of time. It is possible that a certain amount of your investment could be lost.
• Investors should not make investment decisions based on this document alone. Investors should refer to the Prospectus and Key Facts Statement for details including risk factors.