Name Change of the Global Equity Investment Fund (Passive Fund – BlackRock) under the “Provident Fund Scheme for Workers in the Public Services”

According to the notification of BlackRock, since 11th July 2017, the name of BlackRock Developed World Index Sub-Fund–Institutional Accumulating Class is changed to “iShares Developed World Index Fund (IE)–Institutional Accumulating Class”*. The change does not impact the manner in which the fund is managed, the operations and the investment management fee. The contents related to the fund name in the Pension Fund’s website, “My Online Account” and the Provident Fund’s accounts statements are changed accordingly since the above-mentioned effective date.

* BlackRock is the parent company of iShares. iShares brand has long been associated with index investing via Exchange Traded Funds (“ETFs”).

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