BlackRock Advantage ESG International Equity Fund — new fund registration

BLACKROCK FUNDS registered 2 new fund series on Form 485APOS, filed 2020-05-15. Featured series: BlackRock Advantage ESG International Equity Fund.

Registration

Registrant / trust: BLACKROCK FUNDS
CIK: 0000844779
Form: 485APOS
Filed: 2020-05-15
State of incorporation: MA
Accession: 0001193125-20-143972
Reported net assets: $12.7M

Series & classes (6)

Series	Class	Ticker	New
BlackRock Advantage ESG International Equity Fund	Institutional	—	Yes
BlackRock Advantage ESG International Equity Fund	Class K	—	Yes
BlackRock Advantage ESG International Equity Fund	Investor A	—	Yes
BlackRock Advantage ESG Emerging Markets Equity Fund	Institutional	—	Yes
BlackRock Advantage ESG Emerging Markets Equity Fund	Class K	—	Yes
BlackRock Advantage ESG Emerging Markets Equity Fund	Investor A	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 2.20%
Management fee: 0.45%
Net expense ratio: 0.52%
Other expenses: 1.75%

Investment objective

The investment objective of BlackRock Sustainable Aware Advantage International Equity Fund (the Fund) (formerly known as BlackRock Sustainable Advantage International Equity Fund ), a series of BlackRock Funds SM (the Trust), is to seek to provide long-term capital appreciation while seeking to maintain certain environmental, social and governance (ESG) characteristics and climate risk exposure relative to the Funds benchmark.

Advisers

BlackRock Advisors, LLC (Advisor)