Important information about the iShares rebranding of certain BlackRock funds

Important Disclaimer: This communication is for information purposes only and does not constitute a financial promotion, marketing communication or an offer or invitation to anyone to invest in any BlackRock funds and has not been prepared in connection with any such offer. Accordingly, this material does not constitute an offer or solicitation by anyone in any jurisdiction in which such offer or solicitation is not lawful or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such offer or solicitation. It is your responsibility to be aware of the applicable laws and regulations of your country of residence. This information may not be used or published without the prior consent of BlackRock.

BlackRock wishes to inform you of the intention to rename certain sub-funds within a number of BlackRock index mutual fund ranges to include the iShares brand, any such change being subject to receiving applicable regulatory consent

BlackRock is committed to the continuous enhancement of its product suite. BlackRock's iShares brand has long been associated with index investing via exchange traded funds, however BlackRock is intending to extend the use of the iShares brand to the funds listed below (the “Sub-Funds”). The Rebranding seeks to bring greater clarity to BlackRock’s full suite of index solutions that investors and third party service providers can use to build their investment portfolios.

In addition to the Rebranding, each Sub-Fund name will also include a geographic indicator to highlight where the relevant Sub-Fund is domiciled and shall also ensure the Sub-Funds are easily distinguished from other BlackRock funds, which may have a similar name. An example of the geographic indicator is “(IE)” which will be included in a Sub-Fund name to clearly indicate that such Sub-Fund is Irish-domiciled.

Please find below a list of the Sub-Funds’ names that will change subject to receiving applicable regulatory consent, please note, not all sub-funds within in each range are changing. Contact details for the relevant Investor Services Team are listed below the Sub-Fund name table for each fund range.

BlackRock Collective Investment Funds

 

Current Sub-Fund NameNew Sub-Fund NameEstimated Effective Date of Name Change
BlackRock Global Property Securities Equity Tracker Fund iShares Global Property Securities Equity Index Fund (UK) 30 June 2017
BlackRock Index Linked Gilt Tracker iShares Index Linked Gilt Index Fund (UK) 30 June 2017
BlackRock Japan Equity Tracker Fund iShares Japan Equity Index Fund (UK) 30 June 2017
BlackRock Mid Cap UK Equity Tracker Fund iShares Mid Cap UK Equity Index Fund (UK) 30 June 2017
BlackRock North American Equity Tracker Fund iShares North American Equity Index Fund (UK) 30 June 2017
BlackRock Overseas Corporate Bond Tracker Fund iShares Overseas Corporate Bond Index Fund (UK) 30 June 2017
BlackRock Overseas Government Bond Tracker Fund iShares Overseas Government Bond Index Fund (UK) 30 June 2017
BlackRock Pacific ex Japan Equity Tracker Fund iShares Pacific ex Japan Equity Index Fund (UK) 30 June 2017
BlackRock UK Equity Tracker Fund iShares UK Equity Index Fund (UK) 30 June 2017
BlackRock UK Gilts All Stocks Tracker Fund iShares UK Gilts All Stocks Index Fund (UK) 30 June 2017
BlackRock US Equity Tracker Fund iShares US Equity Index Fund (UK) 30 June 2017
BlackRock 100 UK Equity Tracker Fund iShares 100 UK Equity Index Fund (UK) 30 June 2017
BlackRock 350 UK Equity Tracker Fund iShares 350 UK Equity Index Fund (UK) 30 June 2017
BlackRock Over 15 Years Gilts Tracker Fund iShares Over 15 Years Gilts Index Fund (UK) 30 June 2017
BlackRock Continental European Equity Tracker Fund iShares Continental European Equity Index Fund (UK) 30 June 2017
BlackRock Corporate Bond Tracker Fund iShares Corporate Bond Index Fund (UK) 30 June 2017
BlackRock Emerging Markets Equity Tracker Fund iShares Emerging Markets Equity Index Fund (UK) 30 June 2017

 

If you would like any further information on the changes in the BlackRock Collective Investment Funds range then please do speak to your financial adviser or call our Investor Services Team on 0800 445522.

BlackRock Fixed Income Dublin Funds

 

Current Sub-Fund NameNew Sub-Fund NameEstimated Effective Date of Name Change
BlackRock UK Credit Bond Index Fund iShares UK Credit Bond Index Fund (IE) 11 July 2017
BlackRock Euro Investment Grade Corporate Bond Index Fund iShares Euro Investment Grade Corporate Bond Index Fund (IE) 11 July 2017
BlackRock Euro Government Bond Index Fund iShares Euro Government Bond Index Fund (IE) 11 July 2017
BlackRock GiltTrak Fund iShares GiltTrak Index Fund (IE) 11 July 2017
BlackRock US Corporate Bond Index Fund iShares US Corporate Bond Index Fund (IE) 11 July 2017
BlackRock Euro Credit Bond Index Fund iShares Euro Credit Bond Index Fund (IE) 11 July 2017
BlackRock Euro Government Inflation-Linked Bond Fund iShares Euro Government Inflation-Linked Bond Index Fund (IE) 11 July 2017
BlackRock Global Inflation-Linked Bond Fund (US Dollar Hedged) iShares Global Inflation-Linked Bond Index Fund (US Dollar Hedged) (IE) 11 July 2017
BlackRock Green Bond Index Fund iShares Green Bond Index Fund (IE) 11 July 2017
BlackRock Ultra High Quality Euro Government Bond Index Fund iShares Ultra High Quality Euro Government Bond Index Fund (IE) 11 July 2017
BlackRock World ex-Euro Government Bond Index Fund iShares World ex-Euro Government Bond Index Fund (IE) 11 July 2017

 

If you would like any further information on the changes in the BlackRock Fixed Income Dublin Funds range then please do speak to your financial adviser, or call our Investor Services Team on 0845 357 7000.

BlackRock Index Selection Funds

 

Current Sub-Fund NameNew Sub-Fund NameEstimated Effective Date of Name Change
BlackRock Developed World Index Sub-Fund iShares Developed World Index Fund (IE) 11 July 2017
BlackRock Emerging Markets Index Sub-Fund iShares Emerging Markets Index Fund (IE) 11 July 2017
BlackRock Europe ex-UK Index Sub-Fund iShares Europe ex-UK Index Fund (IE) 11 July 2017
BlackRock Europe Index Sub-Fund iShares Europe Index Fund (IE) 11 July 2017
BlackRock Japan Index Sub-Fund iShares Japan Index Fund (IE) 11 July 2017
BlackRock Pacific Index Sub-Fund iShares Pacific Index Fund (IE) 11 July 2017
BlackRock UK Index Sub-Fund iShares UK Index Fund (IE) 11 July 2017
BlackRock US Index Sub-Fund iShares US Index Fund (IE) 11 July 2017
BlackRock Developed Real Estate Index Sub-Fund iShares Developed Real Estate Index Fund (IE) 11 July 2017
BlackRock Developed World ex Tobacco Index Sub-Fund iShares Developed World ex Tobacco Index Fund (IE) 11 July 2017
BlackRock EM Fundamental Weighted Index Sub Fund iShares Edge EM Fundamental Weighted Index Fund (IE) 11 July 2017
BlackRock EMU Index Sub-Fund iShares EMU Index Fund (IE) 11 July 2017
BlackRock North America Index Sub-Fund iShares North America Index Fund (IE) 11 July 2017

 

If you would like any further information on the changes in the BlackRock Index Selection Funds range then please do speak to your financial adviser, or call our Investor Services Team on 0845 357 7000.

BlackRock Global Index Funds

 

Current Sub-Fund NameNew Sub-Fund Name (subject to regulatory consent)Estimated Effective Date of Name Change
(subject to regulatory consent)
BlackRock Emerging Markets Equity Index Fund iShares Emerging Markets Equity Index Fund (LU) 29 August 2017
BlackRock Emerging Markets Government Bond Index Fund iShares Emerging Markets Government Bond Index Fund (LU) 29 August 2017
BlackRock Euro Aggregate Bond Index Fund iShares Euro Aggregate Bond Index Fund (LU) 29 August 2017
BlackRock Euro Government Bond Index Fund iShares Euro Government Bond Index Fund (LU) 29 August 2017
BlackRock Europe Equity Index Fund iShares Europe Equity Index Fund (LU) 29 August 2017
BlackRock Global Government Bond Index Fund iShares Global Government Bond Index Fund (LU) 29 August 2017
BlackRock Japan Equity Index Fund iShares Japan Equity Index Fund (LU) 29 August 2017
BlackRock North America Equity Index Fund iShares North America Equity Index Fund (LU) 29 August 2017
BlackRock Pacific ex Japan Equity Index Fund iShares Pacific ex Japan Equity Index Fund (LU) 29 August 2017
BlackRock World Equity Index Fund iShares World Equity Index Fund (LU) 29 August 2017

 

If you would like any further information on the changes in the BlackRock Global Index Funds range then please do speak to your financial adviser, or call our Investor Services Team on 0207 743 3300.

BlackRock Investment Funds Switzerland

 

Current Sub-Fund NameNew Sub-Fund Name (subject to regulatory consent)Estimated Effective Date of Name Change
(subject to regulatory consent)
BIFS Emerging Market Bond Index Fund iShares Emerging Market Bond Index Fund (CH) 28 September 2017
BIFS Emerging Markets Equity Index Fund iShares Emerging Markets Equity Index Fund (CH) 28 September 2017
BIFS SBI AAA-BBB® Bond Index Fund iShares SBI AAA-BBB® Bond Index Fund (CH) 28 September 2017
BIFS SMI® Equity Index Fund iShares SMI® Equity Index Fund (CH) 28 September 2017
BIFS SPI® Equity Index Fund iShares SPI® Equity Index Fund (CH) 28 September 2017
BIFS World ex Switzerland Equity Index Fund iShares World ex Switzerland Equity Index Fund (CH) 28 September 2017
BIFS World ex Switzerland Small Cap Equity Index Fund iShares World ex Switzerland Small Cap Equity Index Fund (CH) 28 September 2017

 

If you would like any further information on the changes in the BlackRock Investment Funds Switzerland range then please do speak to your financial adviser, or call our Investor Services Team on +41 (0)800 33 66 88.

Frequently Asked Questions

  • What is the benefit to investors?

    The renaming allows investors to more easily and effectively understand and navigate our range of index products – across mutual fund and ETF vehicles – which they can use to build stronger, more efficient, precise investment portfolios.

  • Does this mean the index mutual funds are now ETFs?

    No. While they will now be named iShares, the index mutual funds will remain separate and distinct vehicles from ETFs. This includes differences in fees, minimum investments, tax considerations, and how they trade.

  • Does BlackRock still own/manage the funds? Is this a change of manager?

    The index mutual funds and ETFs will continue to be managed and distributed by BlackRock -- there is no change in ownership or management.

  • Will fund information still be available in the same places where investors currently see it? Same call centers, same websites, etc.?

    Yes. This is a renaming exercise only, and will have no impact on the operations, performance, tickers or cost of the index funds.

    All information on the funds will be accessible in the same ways as before, including through the funds’ profile pages on www.blackrock.com. We will also be adding the index mutual funds to www.ishares.com.

  • Now that iShares covers both ETFs and index mutual funds, how will investors be able to tell if an index product is an ETF or a mutual fund?

    The type of index vehicle will be distinct in the product name with either “Index Fund or “ETF” denoting the structure. For example:

    • iShares FTSE USA Index UCITS ETF
    • iShares US Equity Index Fund (UK)
  • Why do the fund names now include the funds domicile (e.g. UK, IE, LU & CH)?

    The domicile of the fund is now indicated at the end of each fund name to ensure that investors can easily identify the jurisdiction of the fund range that they are investing into. We believe that this will make it easier for investors to navigate our ranges, in particular where we offer similar exposures across fund ranges domiciled in different countries.

  • Will the fund identifiers be changing?

    Fund identifiers will not be changing as a result of the renaming of the funds.