Prospectus BlackRock Global Funds

Prospectus BlackRock Global Funds

8 DECEMBER 2017

VISA 2017/110217-3-0-PC L'apposition du visa ne peut en aucun cas servir d'argument de publicit? Luxembourg, le 2017-12-08 Commission de Surveillance du Secteur Financier

This page is intentionally left blank

Contents

Introduction to BlackRock Global Funds Important Notice Distribution Management and Administration Enquiries Board of Directors Glossary Investment Management of the Funds Risk Considerations Specific Risk Considerations Excessive Trading Policy Investment Objectives and Policies Classes and Form of Shares Dealing in Fund Shares Prices of Shares Application for Shares Redemption of Shares Conversion of Shares Dividends Calculation of Dividends Fees, Charges and Expenses Taxation Meetings and Reports Appendix A - Investment and Borrowing Powers and Restrictions Appendix B - Summary of Certain Provisions of the Articles and of Company Practice Appendix C - Additional Information Appendix D - Authorised Status Appendix E - Summary of Charges and Expenses Appendix F - List of Depositary Delegates Appendix G - Securities Financing Transaction Disclosures Summary of Subscription Procedure and Payment Instructions

Page

2 4 4 5 5 6 7 10 12 17 30 35 55 57 57 58 59 60 61 63 65 66 69 70 78 84 91 97 106 108 112

Introduction to BlackRock Global Funds

Structure BlackRock Global Funds (the "Company") is a public limited company (soci?t? anonyme) established under the laws of the Grand Duchy of Luxembourg as an open ended variable capital investment company (soci?t? d'investissement ? capital variable). The Company has been established on 14 June 1962 and its registration number in the Registry of the Luxembourg Trade and Companies Register is B 6317. The Company has been authorised by the Commission de Surveillance du Secteur Financier (the "CSSF") as an undertaking for collective investments in transferable securities pursuant to the provisions of Part I of the law of 17 December 2010, as amended from time to time and is regulated pursuant to such law. Authorisation by the CSSF is not an endorsement or guarantee of the Company by the CSSF nor is the CSSF responsible for the contents of this Prospectus. The authorisation of the Company shall not constitute a warranty as to performance of the Company and the CSSF shall not be liable for the performance or default of the Company.

The Company is an umbrella structure comprising separate compartments with segregated liability. Each compartment shall have segregated liability from the other compartments and the Company shall not be liable as a whole to third parties for the liabilities of each compartment. Each compartment shall be made up of a separate portfolio of investments maintained and invested in accordance with the investment objectives applicable to such compartment, as specified herein. The Directors are offering separate classes of Shares, each representing interests in a compartment, on the basis of the information contained in this Prospectus and in the documents referred to herein which are deemed to be an integral part of this Prospectus.

Management The Company is managed by BlackRock Luxembourg S.A., a public limited company (soci?t? anonyme) established in 1988 under registration number B 27689. The Management Company has been authorised by the CSSF to manage the business and affairs of the Company pursuant to chapter 15 of the 2010 Law.

The articles of association governing the Company (the "Articles") have been deposited with the Luxembourg Trade and Companies Register. The Articles have been amended and restated several times, most recently on 27 May 2011, effective 31 May 2011 and published in the M?morial C, Recueil des Soci?t?s et Associations, on 24 June 2011.

Choice of Funds As of the date of this Prospectus, investors are able to choose from the following Funds of BlackRock Global Funds:

Fund 1. ASEAN Leaders Fund 2. Asia Pacific Equity Income Fund 3. Asian Dragon Fund 4. Asian Growth Leaders Fund 5. Asian High Yield Bond Fund 6. Asian Multi-Asset Growth Fund 7. Asian Tiger Bond Fund 8. China A-Share Opportunities Fund 9. China Bond Fund 10. China Flexible Equity Fund 11. China Fund 12. Continental European Flexible Fund 13. Dynamic High Income Fund* 14. Emerging Europe Fund 15. Emerging Markets Bond Fund 16. Emerging Markets Corporate Bond Fund 17. Emerging Markets Equity Income Fund 18. Emerging Markets Fund 19. Emerging Markets Local Currency Bond Fund 20. Euro Bond Fund 21. Euro Corporate Bond Fund 22. Euro Reserve Fund 23. Euro Short Duration Bond Fund 24. Euro-Markets Fund 25. European Equity Income Fund 26. European Focus Fund 27. European Fund 28. European High Yield Bond Fund 29. European Special Situations Fund

Base Currency USD USD USD USD USD USD USD USD RMB USD USD EUR USD EUR USD USD USD USD USD EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR

Bond/Equity or Mixed Fund E E E E B M B E B E E E M E B B E E B B B B B E E E E B E

2

Fund

Base Currency

Bond/Equity or Mixed Fund

30. European Value Fund

EUR

E

31. Fixed Income Global Opportunities Fund

USD

B

32. Flexible Multi-Asset Fund

EUR

M

33. Global Allocation Fund

USD

M

34. Global Corporate Bond Fund

USD

B

35. Global Dynamic Equity Fund

USD

E

36. Global Enhanced Equity Yield Fund

USD

E

37. Global Equity Income Fund

USD

E

38. Global Government Bond Fund

USD

B

39. Global High Yield Bond Fund

USD

B

40. Global Inflation Linked Bond Fund

USD

B

41. Global Long-Horizon Equity Fund

USD

E

42. Global Multi-Asset Income Fund

USD

M

43. Global Opportunities Fund

USD

E

44. Global SmallCap Fund

USD

E

45. India Fund

USD

E

46. Japan Small & MidCap Opportunities Fund

Yen

E

47. Japan Flexible Equity Fund

Yen

E

48. Latin American Fund

USD

E

49. Natural Resources Growth & Income Fund

USD

E

50. New Energy Fund

USD

E

51. North American Equity Income Fund

USD

E

52. Pacific Equity Fund

USD

E

53. Strategic Global Bond Fund

USD

B

54. Swiss Small & MidCap Opportunities Fund

CHF

E

55. United Kingdom Fund

GBP

E

56. US Basic Value Fund

USD

E

57. US Dollar Bond Fund

USD

B

58. US Dollar High Yield Bond Fund

USD

B

59. US Dollar Reserve Fund

USD

B

60. US Dollar Short Duration Bond Fund

USD

B

61. US Flexible Equity Fund

USD

E

62. US Government Mortgage Fund

USD

B

63. US Growth Fund

USD

E

64. US Small & MidCap Opportunities Fund

USD

E

65. World Agriculture Fund

USD

E

66. World Bond Fund

USD

B

67. World Energy Fund

USD

E

68. World Financials Fund

USD

E

69. World Gold Fund

USD

E

70. World Healthscience Fund

USD

E

71. World Mining Fund

USD

E

72. World Real Estate Securities Fund

USD

E

73. World Technology Fund

USD

E

* Fund not available for subscription at the date of this Prospectus. Such Funds may be launched at the Directors' discretion. Confirmation of the launch date of these Funds will then be made available from the local Investor Servicing team. Any provisions in this Prospectus relating to any one of these Funds shall only take effect from the launch date of the relevant Fund.

B Bond Fund E Equity Fund M Mixed Fund

A list of Dealing Currencies, Hedged Share Classes, Distributing and Non-Distributing Share Classes and UK Reporting Fund status Classes is available from the Company's registered office and the local Investor Servicing team.

3

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download