

This document is for informational purposes only and does not constitute an offer or invitation to anyone to invest in any BlackRock Group funds and has not been prepared in connection with any such offer. The above warnings are explained in greater detail in the fund specific risks in the current BGF and BSF Singapore Prospectuses and you should read them before investing. The Funds may use or invest in financial derivatives. Levels and basis of taxation may change from time to time. Fluctuation may be particularly marked in the case of a higher volatility fund and the value of an investment may fall suddenly and substantially. Changes in the rates of exchange between currencies may cause the value of investments to go up and down. Investors may not get back the amount they invest. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. All financial investments involve an element of risk. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. The Funds mentioned in this material are Funds of BlackRock Global Funds and BlackRock Strategic Funds. This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. In Singapore, this material is issued by BlackRock (Singapore) Limited (company registration number: 200010143N). Investors cannot directly invest into an index.

Index performance is for illustrative purpose only. Returns are net and for illustrative purposes only. Bank Loans: S&P/LSTA Leveraged Loan Index. High Dividend Equities: MSCI World High Div Yield. Global Inv Grade: Barclays Global Agg Corporate (USD). US Treasuries: Barclays US Treasury 7-10 Yr. Average annual drawdown is the average of the largest declines in value from peak to trough during each of the following periods: 2015, 2016, 2017, 2018, 2019, YTD 2020. Fixed income yields represented by yield-to-worst and equity yields by 12 month dividend yield. Source: BlackRock, Morningstar and Bloomberg. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy. The figures shown relate to past performance.
