BlackRock ESG Screened and Selected Strategic Growth Fund

Sustainable, Responsible &/or ESG Policy:

Objectives and Investment Policy

The aim of the Fund is to provide, over a period of 7 years, 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) of 4.5% per year on a gross basis (i.e. before deduction of Ongoing Charges) over the Bank of England's Base Interest Rate (as set by the Monetary Policy Committee) whilst incorporating ESG commitments.

In addition, the Fund aims to manage its portfolio of investments with a view to having a volatility of return (i.e. the degree of fluctuation of the Fund’s returns) that is lower than the volatility of the monthly returns (converted into an annual rate) of the MSCI All Country World Index (GBP) over a 7 year period.

The Fund invests on a global basis directly, or indirectly through derivatives and funds, in fixed income securities (such as bonds), money-market instruments (i.e. debt securities with short term maturities), equity securities (e.g. shares), derivatives (i.e. investments the prices of which are based on one or more underlying assets), funds, deposits and cash.The fixed income securities and money-market instruments will be issued by governments, government agencies, companies and supranationals and may include investments with a relatively low credit rating or which are unrated.

The IM will apply ESG commitments (as described in the Fund’s prospectus) when selecting the Fund's investments. The IA intends to limit and/or exclude direct investment in corporate issuers which have certain levels of exposure to, or ties with, sectors as described in the Fund’s prospectus. . For further details regarding these ESG characteristics (and the applicable levels) please refer to the Fund's prospectus and the BlackRock website at https://www.blackrock.com/corporate/literature/publication/blackrock-baseline-screens-in-europe-middleeast-and-africa.pdf The IM will limit and/or exclude direct investment in corporate issuers which have certain levels of exposure to, or ties with, other sectors including conventional weapons, alcohol, gambling, adult entertainment, predatory lending or have an ESG rating below BBB (as defined by MSCI or another data vendor), as summarised in the Fund's prospectus. When investing indirectly via other funds, at least 70% of the funds in which the Fund invests will be ESG Funds and the IM will prioritise investment in ESG Funds that have an ESG objective (including, but not limited to, a carbon reduction target or an improvement in ESG scores) or that avoid or underweight issuers with the lower ESG scores or ratings and/or include or overweight issuers with the highest ESG scores or ratings. The Fund may also have indirect exposure (through, including but not limited to, FDIs and other funds) to issuers with exposures that are inconsistent with the IM's ESG analysis.

The investment manager will use derivatives (i.e. investments the prices of which are based on one or more underlying assets) to help achieve the Fund's investment objective and for efficient portfolio management purposes. These may be used to gain indirect exposure to commodities (such as precious metals and agricultural produce) and to property. A significant proportion of the Fund's portfolio may consist of derivatives on a daily basis. The Fund may, via derivatives, generate varying amounts of market leverage (i.e. where the Fund gains market exposure in excess of the value of its assets). The Fund may engage in short-term secured lending of its investments to certain eligible third parties to generate additional income and off-set costs.

The Fund also has a comparator benchmark of 45% MSCI All Country World Index, 30% Bloomberg Barclays Global Aggregate Index and 25% 3-month SONIA compounded in arrears which can be used by Unitholders as an alternative performance measure for the Fund as it represents a blend of global bond and equity markets therefore reflecting a significant part of the Fund’s investment universe.

(Source: KIID, as at January 2026)

SDR Labelling:

Unlabelled - promotes sustainable characteristics (has CFD)

SDR Literature:

• Consumer Facing Disclosure