BlackRock Asia Pacific (ex Japan) Equity Fund

The aim of the Fund is to provide exposure to companies within the FTSE Developed Asia ex Japan Index (Index) that is managed using the environmental, social and governance (ESG) criteria of the Investment Manager. These criteria are to 1) have no exposure or a reduced exposure (relative to the Index) to certain business activities for ESG related reasons, 2) reduce its overall carbon emission intensity over time relative to the Index, c) have a higher percentage (relative to the Index) of its revenues classified as green revenues; and d) maximise exposure to companies with higher BSI Intel scores (relative to the Index) (each as further described below). It aims to achieve these ESG related aims whilst also balancing the return and risk profile of the Fund to be similar to the Index. The Fund seeks to provide a gross return on your investment (generated through the value of the assets held by the Fund and/or income received from those assets) and maintain a risk profile (i.e. an evaluation of the risks (e.g. risk of losses) associated with the portfolio) that (in each case) is similar to that of the Index.