FUNDS IN FOCUS
I consult or invest on behalf of my clients or financial institution.
I want to learn more about BlackRock.
An individual investor, also known as a retail client, is a client organisation or individual who cannot meet both:
(i) one or more of the professional client criteria laid down in Annex II to the Markets in Financial Instruments Directive (Directive 2004/39/EC); and
(ii) one or more of the qualified investor criteria set out in Article 2 of the Prospectus Directive (Directive 2003/71/EC).
On this website, Intermediaries are investors that qualify as both a Professional Client and a Qualified Investor.
In summary a person who can both be classified as a professional client under the Markets in Financial Instruments Directive and a qualified investor in accordance with the Prospectus Directive will generally need to meet one or more of the following requirements:
(1) An entity required to be authorised or regulated to operate in the financial markets. The following list includes all authorised entities carrying out the characteristic activities of the entities mentioned, whether authorised by an EEA State or a third country and whether or not authorised by reference to a directive:
(a) a credit institution;
(b) an investment firm;
(c) any other authorised or regulated financial institution;
(d) an insurance company;
(e) a collective investment scheme or the management company of such a scheme;
(f) a pension fund or the management company of a pension fund;
(g) a commodity or commodity derivatives dealer;
(h) a local;
(i) any other intermediaries investor.
(2) a large undertaking that meets two of the following tests:
(i) a balance sheet total of EUR 43,000,000;
(ii) an annual net turnover of EUR 50,000,000;
(iii) an average number of employees during the year of 250.
(3) a national or regional government, a public body that manages public debt, a central bank, an international or supranational intermediaries (such as the World Bank, the IMF, the ECB, the EIB) or another similar international organisation.
(4) a natural person resident in an EEA State that permits the authorisation of natural persons as qualified investors, who expressly asks to be treated as a professional client and a qualified investor and who meets at least two of the following criteria:
(i) he/she has carried out transactions on securities markets at an average frequency of, at least, 10 per quarter over the previous four quarters before the application;
(ii) the size of his/her financial instrument portfolio, defined as including cash deposits and financial instruments exceeds EUR 500.000;
(iii) he/she works or has worked for at least one year in the financial sector in a professional position which requires knowledge of securities investment.
Please note that the above summary is provided for information purposes only. If you are uncertain as to whether you can both be classified as a professional client under the Markets in Financial Instruments Directive and classed as a qualified investor under the Prospectus Directive then you should seek independent advice.
To reach a different BlackRock site directly, please update your user type.
Access tailored fixed income strategies with iShares.
iShares Enhanced Active UCITS ETF range provides income building blocks to add alpha at the core of your portfolio.
Active bond ETF seeking to maximise income while maintaining long-term capital growth.
The iShares € Cash UCITS ETF provides an innovative way to access cash by combining the flexibility of the ETF wrapper with the quality and liquidity of money market funds.
1 of 3 articles
From geographies to specific duration and yield targets, the iShares range of active and indexed bond ETFs provides granular exposures to virtually all areas of the bond market, whatever your investment objective. Explore the use cases below to find funds aligned to your goals.
Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.
Unlock the full potential of your bond investments with income oriented strategies.
Put cash to work using cash and short-term bond ETFs, which may offer income while taking less credit risk.
iBonds ETFs can help you access bond markets, lock your yield and pick points in time to match expected cash flow needs in the future.
ETFs provide a transparent and scalable approach for investors looking to align a portfolio to their sustainability and transition goals.
As a global investment manager and fiduciary to our clients, our purpose at BlackRock is to help everyone experience financial well-being. Since 1999, we've been a leading provider of financial technology, and our clients turn to us for the solutions they need when planning for their most important goals.
MKTGH0425E/S-4348830