FOR INSTITUTIONAL AND SOPHISTICATED INVESTORS ONLY
THIS IS A PRIVILEGED AND CONFIDENTIAL COMMUNICATION BETWEEN BLACKROCK AND SELECTED INSTITUTIONAL AND SOPHISTICATED INVESTORS. THIS COMMUNICATION AND THE STRATEGIES DISCUSSED ARE STRICTLY PROVIDED FOR ILLUSTRATIVE AND EDUCATIONAL PURPOSES ONLY. AN ASSESSMENT SHOULD BE MADE AS TO WHETHER THE INFORMATION IS APPROPRIATE FOR YOU HAVING REGARD TO YOUR OBJECTIVES, FINANCIAL SITUATION AND NEEDS. RELIANCE UPON INFORMATION IN THIS MATERIAL IS AT THE SOLE DISCRETION OF THE READER.
Investing involves risk, including possible loss of principal. Fixed income risks include interest-rate and credit risk. Typically, when interest rates rise, there is a corresponding decline in bond values. Credit risk refers to the possibility that the bond issuer will not be able to make principal and interest payments or may have their debt downgraded by ratings agencies. Non-investment-grade debt securities (high-yield/junk bonds) may be subject to greater market fluctuations, risk of default or loss of income and principal than higher-rated securities. Securities with floating or variable interest rates may decline in value if their coupon rates do not keep pace with comparable market interest rates.
In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Securities focusing on a single country, narrowly focused investments (including REIT, preferred stock, factor and floating rate note funds), and investments in smaller companies may be subject to higher volatility.
Past performance does not guarantee future results and should not be relied upon. The value of investments and the income from them can fall as well as rise and is not guaranteed. You may not get back the amount originally invested. Fluctuations may be particularly marked in the case of a higher volatility fund and the value of an investment may fall suddenly and substantially. There is no guarantee that dividends will be paid.
Index performance is for illustrative purposes only. Index performance does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index.
The opinions expressed are as of January, 2018, and may change as subsequent conditions vary. This material represents an assessment of the market environment as of the date indicated; is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by BlackRock to be reliable, are not necessarily all inclusive and are not guaranteed as to accuracy. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by BlackRock, its officers, employees or agents. This material may contain ‘forward-looking’ information that is not purely historical in nature. Such information may include, among other things, projections and forecasts. There is no guarantee that any forecasts made will come to pass. This material is intended for information purposes only and does not constitute investment advice or an offer or solicitation to purchase or sell in any securities, BlackRock funds or any investment strategy nor shall any securities be offered or sold to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.
BlackRock México, S.A. de C.V., Asesor en Inversiones Independiente (“BlackRock México”) is a Mexican subsidiary of BlackRock, Inc., registered with the National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores, “CNBV”) as an independent investment advisor (asesor en inversiones independiente) under the registration number 30088-001-(14085)-20/04/2017, thus authorized to render Investment Advisory Services. The registration of BlackRock Mexico in the Investment Advisors Registry (Registro de Asesores en Inversiones) does not imply certification on the compliance by the investment advisors with the applicable laws and regulations or the accuracy or correctness of the information contained herein.
Please note that the CNBV exclusively oversees the provision of securities portfolio management services when making investment decisions in the name and on behalf of third parties, as well as services consisting in providing individualized investment advice on Securities, and the analysis and issuance of individualized investment recommendations, thus it is not entitled to supervise or regulate any other services provided by investment advisers.
This draft is not intended to provide personalized investment advice or investment recommendation or solicit any actions on the part of the reader. The information included herein is general in nature and has been prepared without taking into account any individual’s objectives, financial situation, or needs. You should seek independent professional legal, financial, taxation, and/or other professional advice before making an investment decision. BlackRock does not guarantee the suitability or potential value of any particular investment.
Information on iShares ETFs is provided strictly for illustrative purposes and should not be deemed an offer to sell or a solicitation of an offer to buy shares of any such funds. The listing of the iShares ETFs on the global platform (Sistema Internacional de Cotizaciones) of the Mexican Stock Exchange does not imply certification on the securities’ quality, the issuer’s solvency or the accuracy or correctness of the information contained in the prospectuses and supplements thereof, nor it cures any act, if any, that might have been effected in contravention of the applicable laws.
Carefully consider the iShares ETFs' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained by visiting the product pages. Read the prospectus carefully before investing.
For more information on the Investment Advisory Services offered by BlackRock Mexico please refer to the Investment Services Guide available at www.blackrock.com/mx
FOR INSTITUTIONAL AND SOPHISTICATED INVESTORS USE ONLY – NOT FOR PUBLIC DISTRIBUTION