Unit trusts

Unit Trust Lump Sum and Regular Savings (investing outside a NISA)

This is a simple, effective and low-cost way to invest in our funds. Completely flexible, you choose which fund(s) to invest in and whether to invest monthly, with occasional lump sums, or both.

You can make a lump sum investment either by phone, fax or post.

If you choose to invest over the telephone, your transaction will be placed at the next valuation point and we will post you a Unit Trust Application Form. In order to complete the transaction, we will need you to complete, fully sign and return the application form by post, along with your cheque.

If you would prefer, you can complete our Unit Trust Application Form and fax it to us. Your original must be posted to us, along with your cheque, in order to complete the transaction. Alternatively, just complete our application and post it to us along with your cheque.

Cheques should be made payable to: "BlackRock Fund Managers Limited" for lump sum investments.

If you want to start a Direct Debit, this can only be started following a Unit Trust Application Form by post.

Unit Trust Stocks and Shares NISA (tax-efficient savings plan)

This product offers the same flexibility as the Lump Sum and Regular Savings account, with the added benefit of a tax-efficient wrapper. This means that any capital gains made on your investment will not be subject to capital gains tax when you sell your holdings.

If you choose to invest in to this product, we will need you to complete our Unit Trust Stocks and Shares NISA Application Form and return it to us by post, along with your cheque (if applicable).

Cheques should be made payable to: "BlackRock Investment Management (UK) Limited" for lump sum investments into a NISA.

Unit Trust Stocks and Shares NISA transfer

It is simple to do, just fill in the BlackRock Unit Trust Stocks and Shares NISA Transfer Form and by doing so you are giving BlackRock the authority to contact your current NISA manager. They will sell your holding and send the cash to us. We will invest the amount as you indicated on your BlackRock Unit Trust Stocks and Shares NISA Transfer Form.

There is no need for you to contact them as all the administration takes place between BlackRock and your current NISA manager.

When investing in to our Unit Trusts there is an initial charge (except for the BlackRock Cash Fund) which is reflected in the buying price of the units. In addition, there are also a number of on-going management and administration expenses paid out of each Fund. Specific details can be found on the Key Investor Information Document (KIID) and within the Prospectus.

Lump sum investments will be placed at the next valuation point following receipt of your instruction. A contract note will be posted to you the following working day, which will confirm your account details, the number of units purchased and the purchase price.

Those who choose to invest monthly will receive a confirmation letter, including the first date we will collect your Direct Debit. No certificates are issued for BlackRock Funds. Unit Trusts are collected on the 15th of the month. ISA's and Investment Trusts are collected on the 25th of the month.

We will send you half-yearly valuations and transaction statements dated 5 April and 5 October. These will be sent within 25 business days of these dates.

Additionally, at six monthly intervals we will send you the Manager’s report for your chosen fund(s).

In the meantime, if you require information on your investments then please visit this website on a regular basis. Our library provides a full range of factsheets and our site also provides BlackRock Insights

For daily prices and yields, visit the prices page. Alternatively, call the Investor Services Team on 0800 44 55 22.

Unit Trust Lump Sum and Regular Savings (investing outside a Stocks and Shares NISA) and Unit Trust Stocks and Shares NISA (tax-efficient savings plan)
You can switch in nearly all cases from one BlackRock Fund to another by telephone, fax or in writing only.  You will normally receive a discount on the initial charge, details of which are available from our Investor Services Team on 0800 44 55 22.

If you choose to switch over the telephone you will be asked to confirm that you have received and read the relevant Key Investor Information Document (KIID).

If you would prefer to send use an instruction by fax or post, your instruction must state ‘I/we declare that I/we have received the most recent Key Investor Information Document for the Fund(s) included on this instruction.’, or your request will be rejected.

For further details about KIID, please read the document titled ‘Investors’ Guide to KIID’, which can be found on the right hand side of this page. Our library provides our full range of KIID’s.

Fax and telephone instructions will need to be forwarded to us by post, as we require the original to complete the transaction.

Please ensure your instruction is signed by all account holders.

Switching between Unit Trusts and Investment Trusts

Switching between products is possible. To confirm our requirements and the possible charges, please call the Investor Services Team on 0800 44 55 22.

Unit Trust Lump Sum and Regular Savings (investing outside a Stocks and Shares NISA)

You can top up your existing BlackRock fund or add a new Unit Trust to your Lump Sum and Regular Savings account by telephone, fax or in writing only.

If you choose to invest over the telephone you will be asked to confirm that you have received and read the relevant Key Investor Information Document (KIID). Your investment will be placed at the next valuation point and a contract note will be posted to you the following working day. You will need to send us a cheque, in order to complete the transaction.

If you would prefer to send us an instruction by fax or post, you must state ‘I/we declare that I/we have received the most recent Key Investor Information Document for the Fund(s) on this instruction’, or your request will be rejected. Fax instructions will need to be forwarded to us by post, along with your cheque, as we require the original to complete the transaction.

Please ensure of instruction is signed by all account holders.

For further details, please read the document titled ‘Investors’ Guide to KIID’, which can be found on the right hand side of this page. Our library provides our full range of KIID’s.

Cheques should be made payable to: "BlackRock Fund Managers Limited" for lump sum investments.

Unit Trust Stocks and Shares NISA (tax-efficient savings plan)

All top up instructions for your BlackRock Stocks and Shares NISA must be made in writing.(If you have not made an investment in to a BlackRock Stocks and Shares NISA in the current tax year, you will need to complete this year’s Stocks and Shares NISA Application Form. Please visit our library.)

Your written instruction must state ‘I declare that I have received the most recent Key Investor Information Document for the Fund(s) on this instruction’, or your request will be rejected.
For further details, please read the document titled ‘Investors’ Guide to KIID’, which can be found on the right hand side of this page. Our library provides our full range of KIID’s.
Cheques should be made payable to: "BlackRock Investment Management (UK) Limited" for investments into a Stocks and Shares NISA.

This facility allows clients to move their Stocks & Shares NISA monies out of their Unit Trust into cash, without money leaving the Stocks and Shares NISA wrapper and therefore, maintaining its tax-efficient status. However, investors should note that BlackRock does not pay interest on these cash amounts and so it expects investors to treat the facility as temporary pending re-investment into an eligible fund.

The Cash Holding Facility is not a Cash NISA. We expect that any cash held in this facility is for the purpose of investment in qualifying NISA funds and will not be maintained as cash for long periods of time.

Adding a Direct Debit

In order to add a Direct Debit to an account we require you to complete either a Unit Trust or Unit Trust Stocks and Shares NISA Application Form
Unit Trusts are collected on the 15th of the month. Stocks and Shares NISA's and Investment Trusts are collected on the 25th of the month.

Amending your fund or amount

You can amend the amount of your Direct Debit and the fund(s) you are investing in to by phone, fax or by post. Upon receipt we will amend your Direct Debit and you will receive a confirmation letter. We require 10 working days to amend a Direct Debit.

If you choose to make any amendments over the telephone you will be asked to confirm that you have received and read the relevant Key Investor Information Document (KIID).

If you would prefer to send use an instruction by fax or post, your instruction must state ‘I/we declare that I/we have received the most recent Key Investor Information Document for the Fund(s) on the enclosed instruction’, or your request will be rejected.

For further details, please read the document titled ‘Investors’ Guide to KIID’, which can be found on the right hand side of this page. Our library provides our full range of KIID’s.

Please ensure of instruction is signed by all account holders.

Cancelling a Direct Debit

You can cancel your monthly payments by phone, fax or by post.

If we have received the instruction to cancel with less than 10 working days prior to the collection date, the details to collect the Direct Debit from the bank account will already be on file and the bank will extract the money from your account. To prevent this, you should contact your bank to cancel the collections.

Please ensure of instruction is signed by all account holders.

Unit Trust Lump Sum and Regular Savings (investing outside an NISA) and Unit Trust NISA (tax-efficient savings plan)

You can make a full or partial withdrawal by telephone, fax or in writing only.

If you choose to redeem by phone or fax, the investment will be sold at the next valuation point.

A contract note and form of renunciation (FOR) will then be released the next business day. We will require you to sign the FOR and return to us by post.

Following receipt of your original signature, your proceeds will be released four business days later. This will be by cheque, payable to the first named registered account holder and posted to the registered address.

If you would prefer to send us your original signed instruction by post, the investment will be sold at the next valuation point. Your proceeds will be released four business days later, by cheque payable to the first named registered account holder and posted to the registered address.

Please ensure all account holders sign.

Changing your name because you have married

In order to update your BlackRock account with you married name, we will require your original Marriage Certificate, along with a signed instruction including your maiden and married signatures.

All original documents will be returned within 24 hours by recorded delivery.

For alternative acceptable documents, please contact our Investor Services Team on 0800 445 522.

Change of name by deed poll

We require sight of the original change of name deed, along with a signed instruction including your new signature.

All original documents will be returned within 24 hours by recorded delivery.

For alternative acceptable documents, please contact our Investor Services Team on 0800 445 522.

Changing your name because you have divorced

In order to change your name following divorce, we require an original document as proof of divorce (such as a Decree Absolute) and an original document as proof of your maiden name (such as your Birth Certificate). This should be enclosed within a signed instruction from you, which includes both your previous and new signatures.

All original documents will be returned within 24 hours by recorded delivery.

For alternative acceptable documents, please contact our Investor Services Team on 0800 445 522.

Change your name for a differing reason

If you would like to change your name for another reason to those mentioned above, please contact our Investor Services Team for details of our requirements on 0800 445 522.

In order to change an address, we require an original signed instruction form all account holders. The instruction must include the following information or it will be rejected.

- Account number

- All clients full names

- Old address

- New address

- All client signatures

Following receipt, a letter of confirmation will be posted to you.

Telephone number:

From the UK: 0800 44 55 22*

From abroad - 0044 207 743 5024*

*Lines are open Monday to Friday 8.30am to  5.30pm. For your protection, telephone calls may be recorded.

Fax number:

From the UK - 0870 7070 144 or 0207 743 1159

Overseas - 0044 207 743 1159

Address:

BlackRock

PO Box 545

DARLINGTON

DL1 9TQ

Email:  enquiry@ukclientservices.blackrock.com

Please be advised, we cannot provide client data by email, nor can we accept any instructions. However, we can provide generic information and fund data.

*NISA means a New Individual Savings Account. From 1 July 2014, all existing ISAs became NISAs under the HMRC regulations and guidance.