BlackRock Event Driven Equity Fund

Typically, this fund allocates a minimum of 80% of its total assets (including any capital acquired through borrowing for investment purposes) to equity holdings and associated derivative instruments that share comparable financial profiles. To achieve its investment goals, the fund's manager employs an "event-driven" approach, predominantly investing in companies that have either publicly announced a significant operational or structural change, or those that BlackRock anticipates will undergo such a substantial transformation.