10/01/2024 | Press release | Distributed by Public on 10/01/2024 09:15
Summary Prospectus
|
Shareholder Fees
(fees paid directly from your investment)
|
Investor A
Shares
|
Investor C
Shares
|
Institutional
Shares
|
Class R
Shares
|
||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage
of offering price)
|
5.25%
|
None
|
None
|
None
|
||||
Maximum Deferred Sales Charge (Load) (as a percentage of offering
price or redemption proceeds, whichever is lower)
|
None1
|
1.00%2
|
None
|
None
|
||||
Annual Fund Operating Expenses
(expenses that you pay each year as a
percentage of the value of your investment)
|
Investor A
Shares
|
Investor C
Shares
|
Institutional
Shares
|
Class R
Shares
|
||||
Management Fee3
|
0.58%
|
0.58%
|
0.58%
|
0.58%
|
||||
Distribution and/or Service (12b-1) Fees
|
0.25%
|
1.00%
|
None
|
0.50%
|
||||
Other Expenses
|
0.21%
|
0.23%
|
0.19%
|
0.30%
|
||||
Total Annual Fund Operating Expenses
|
1.04%
|
1.81%
|
0.77%
|
1.38%
|
||||
Fee Waivers and/or Expense Reimbursements3,4
|
(0.13)%
|
(0.15)%
|
(0.11)%
|
(0.22)%
|
||||
Total Annual Fund Operating Expenses After Fee Waivers and/or
Expense Reimbursements3,4
|
0.91%
|
1.66%
|
0.66%
|
1.16%
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Investor A Shares
|
$613
|
$826
|
$1,057
|
$1,718
|
Investor C Shares
|
$269
|
$555
|
$966
|
$1,912
|
Institutional Shares
|
$67
|
$235
|
$417
|
$944
|
Class R Shares
|
$118
|
$415
|
$734
|
$1,638
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Investor C Shares
|
$169
|
$555
|
$966
|
$1,912
|
For the periods ended 12/31/23
Average Annual Total Returns
|
1 Year
|
5 Years
|
10 Years
|
BlackRock International Fund - Investor A Shares
|
|||
Return Before Taxes
|
13.11
%
|
8.29
%
|
3.42
%
|
Return After Taxes on Distributions
|
13.04
%
|
7.84
%
|
3.16
%
|
Return After Taxes on Distributions and Sale of Fund Shares
|
8.09
%
|
6.60
%
|
2.79
%
|
For the periods ended 12/31/23
Average Annual Total Returns
|
1 Year
|
5 Years
|
10 Years
|
BlackRock International Fund - Investor C Shares
|
|||
Return Before Taxes
|
17.51
%
|
8.65
%
|
3.26
%
|
BlackRock International Fund - Institutional Shares
|
|||
Return Before Taxes
|
19.68
%
|
9.73
%
|
4.30
%
|
BlackRock International Fund - Class R Shares
|
|||
Return Before Taxes
|
19.10
%
|
9.18
%
|
3.70
%
|
MSCI ACWI ex USA Index
(Reflects no deduction for fees, expenses or taxes)
|
15.62
%
|
7.08
%
|
3.83
%
|
Portfolio Manager
|
Portfolio Manager
of the Fund Since
|
Title
|
Gareth Williams, CFA
|
2011
|
Managing Director of BlackRock, Inc.
|
Sophie Steel
|
2023
|
Director of BlackRock, Inc.
|
Investor A and Investor C
Shares
|
Institutional Shares
|
Class R Shares
|
|
Minimum Initial
Investment
|
$1,000 for all accounts
except:
•$50, if establishing an
Automatic Investment Plan.
•There is no investment
minimum for employer-
sponsored retirement
plans (not including SEP
IRAs, SIMPLE IRAs or
SARSEPs).
•There is no investment
minimum for certain fee-
based programs.
|
There is no minimum initial investment
for:
•Employer-sponsored retirement plans
(not including SEP IRAs, SIMPLE IRAs or
SARSEPs), state sponsored 529 college
savings plans, collective trust funds,
investment companies or other pooled
investment vehicles, unaffiliated thrifts
and unaffiliated banks and trust
companies, each of which may purchase
shares of the Fund through a Financial
Intermediary that has entered into an
agreement with the Fund's distributor to
purchase such shares.
•Clients of Financial Intermediaries that:
(i) charge such clients a fee for advisory,
investment consulting, or similar
services or (ii) have entered into an
agreement with the Fund's distributor to
offer Institutional Shares through a no-
load program or investment platform.
•Clients investing through a self-directed
IRA brokerage account program
sponsored by a retirement plan record-
keeper, provided that such program
offers only mutual fund options and that
the program maintains an account with
the Fund on an omnibus basis.
$2 million for individuals and "Institutional
Investors," which include, but are not
limited to, endowments, foundations,
family offices, local, city, and state
governmental institutions, corporations
and insurance company separate
accounts who may purchase shares of the
Fund through a Financial Intermediary that
has entered into an agreement with the
Fund's distributor to purchase such
shares.
$1,000 for:
•Clients investing through Financial
Intermediaries that offer such shares on
a platform that charges a transaction
based sales commission outside of the
Fund.
•Tax-qualified accounts for insurance
agents that are registered
representatives of an insurance
company's broker-dealer that has
entered into an agreement with the
Fund's distributor to offer Institutional
Shares, and the family members of such
persons.
|
$100 for all accounts.
|
Minimum Additional
Investment
|
$50 for all accounts (with
the exception of certain
employer-sponsored
retirement plans which may
have a lower minimum).
|
No subsequent minimum.
|
No subsequent minimum.
|