BlackRock Balanced Managed Fund

The Fund aims to provide a return on your investment (generated through an increase in the value of the assets held by the Fund and/or income received from those assets). The Fund invests more than 50% of its total assets in equity securities (i.e. shares) and fixed income securities (such as bonds). The Fund may also invest in money market instruments (i.e. debt securities with short term maturities), deposits (i.e. cash) and units in collective investment schemes (i.e. other investment funds).