Terms and conditions

Welcome to the BlackRock site for qualified clients and sophisticated investors.
Before you proceed, please take a moment to review the following Terms and Conditions:

Qualified Clients

A qualified client is an entity which falls under any of the following categories:

  • a joint investment trust fund or a Fund Manager
  • a management company or a provident fund as defined in the Control of Provident Funds Law
  • a licensed insurance company
  • an underwriter qualified in accordance with Section 56 (c) of the Securities Law investing for its own account
  • a licensed banking corporation and auxiliary body corporate, as defined by Israeli Banking (Licensing) Law 1981, other than a joint service company
  • a licensee under the Investment Advice Law
  • a member of the Tel Aviv Stock Exchange
  • an entity which is wholly owned by an entity which falls within this list;
  • an unlicensed corporation (other than an entity that incorporated in order to obtain services) whose equity capital exceeds NIS 50 million
  • A corporation incorporated abroad, with characteristics of activity similar to those of a corporation named in this list

A sophisticated investor is an entity which falls under any of the following categories:

  • a mutual fund, trust fund or a company that manages a fund
  • a licensed provident fund
  • a venture capital fund
  • a licensed management company that manages a provident fund
  • a licensed insurance company
  • an underwriter qualified in accordance with Section 56 (c) of the Securities Law investing for its own account
  • a licensed banking corporation or auxiliary corporation as defined by Israeli Banking (Licensing) Law 1981 which intends to invest for its own account or for entities which fall within this list
  • a portfolio management company licensed to offer investment advice, investment marketing and portfolio management services as defined by Investment Advice Law investing for its own account or for entities which fall within this list
  • a licensed investment advising company or investment marketing company as defined in the Investment Advice Law investing for its own account

Legal information

Please read this page before proceeding, as it explains certain restrictions imposed by law on the distribution of this information and the countries in which our funds are authorised for sale. It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction.

None of the material within this website is intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or financial product or to adopt any investment strategy. Any opinions expressed may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by BlackRock to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy. Any investments named within this material may not necessarily be held in any accounts managed by BlackRock. Reliance upon information in this material is at the sole discretion of the reader. Past performance is no guarantee of future.

For Investors in Israel

BlackRock Investment Management (UK) Limited ("BlackRock") is not licensed and is not insured as required under Israel's Regulation of Investment Advice, Investment Marketing and Portfolio Management Law, 5755-1995 (the “Investment Advice Law”). In addition, BlackRock's Funds and their Managers are not subject to the laws and regulations to which Israeli mutual funds are subject to. Accordingly, BlackRock's products have not been approved by the Israel Securities Authority and will only be offered or otherwise available to investors listed in the First Schedule of the distributed to Israeli residents in a manner that will not constitute "an offer to the public" under sections 15 and 15a of the Israel Securities Law, 5728-1968 (the "Securities Law"), following their classification as such ("Sophisticated Investors"). Investors that are not "Sophisticated Investors" are prohibited from accessing any webpage or document which includes such information. Investment in the products mentioned in this website is subject to the risks described in each fund's prospectus (including the risk of loss of investment funds). Investors are required to review the complete description of the risks in the prospectus of each fund, as well as the concise description of unique risks of each fund, in such fund's Hebrew Annex that is published on the ISA's distribution website (MAGNA). The funds' past returns do not guarantee similar returns in the future

The content of this website may not be reproduced or distributed to any person. Nothing in this website should be considered investment advice or investment marketing as defined in the Investment Advice Law. Accordingly, the content of this website does not replace and should not serve as substitution for Investment Advice or Investment Marketing that takes into account the special characteristics and needs of each Investor. The content of this website does not constitute an offer to sell or solicitation of an offer to buy any securities or fund units. Furthermore, although BlackRock invests reasonable efforts to ensure the accuracy of the data presented on this website, it does not guarantee their accuracy, is not responsible for it, and should not be relied upon when making an investment decision. Therefore, investors considering investing in the product mentioned in this document are encouraged to review the complete regulatory documentation of each product they consider purchasing and consult their own professional advisers.

BlackRock benefits from investments made by investors in Israel in the products mentioned in this document, as well as in other products managed by third parties with whom BlackRock is involved in a business contract. In particular, BlackRock manages the foreign funds mentioned in this document and therefore benefits from investments of Israeli investors in them (inter alia, by charging a "management fee" as specified in the prospectus and in the Annex to the prospectuses of such funds). Therefore, BlackRock has a "Connection" to such products, a personal interest in their sale, and might prefer such products over other products. Accordingly, any advice BlackRock provides, is considered, for the purpose of the Investment Advice Law, as Investment Marketing (and not Investment Advising). The complete and updated information regarding the names of such asset managers to the products of which BlackRock has a "connection" (and the types of products issued by each one) is available upon request.

Accessibility statement

BlackRock is committed to making its websites accessible following the current Web Content Accessibility Guidelines (WCAG).

These improvements are part of our broader effort to meet legal and regulatory requirements and to ensure an inclusive digital experience for all users.

By accepting this terms and conditions, you consent to communicate with us in English, unless you inform us otherwise.