BlackRock SMID-Cap Growth Equity Fund — new fund registration

BLACKROCK FUNDS registered 1 new fund series on Form 485APOS, filed 2021-04-12. Featured series: BlackRock SMID-Cap Growth Equity Fund.

Registration

Registrant / trust: BLACKROCK FUNDS
CIK: 0000844779
Form: 485APOS
Filed: 2021-04-12
State of incorporation: MA
Accession: 0001193125-21-113162
Reported net assets: $10.3M

Series & classes (3)

Series	Class	Ticker	New
BlackRock SMID-Cap Growth Equity Fund	Class K	—	Yes
BlackRock SMID-Cap Growth Equity Fund	Investor A	—	Yes
BlackRock SMID-Cap Growth Equity Fund	Institutional	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 1.02%
Management fee: 0.70%
Net expense ratio: 0.75%
Other expenses: 0.32%

Investment objective

The investment objective of BlackRock SMID-Cap Growth Equity Fund (SMID-Cap Growth Equityor the Fund), a series of BlackRock Funds SM (the Trust), is long-term capital appreciation.

Advisers

BlackRock Advisors, LLC (Advisor)